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This style of financing, called "qualified private activity bonds," saves businesses money, because they can borrow at relatively low interest rates.
An American task force has been at work for over two years looking at an obscure but vital area of short-term financing called the tri-party repo market.
"The majority of banks and lenders won't give permanent financing, called end loans, on new construction projects until the apartments are 100percentt leased," said Andrew S. Heiberger, president and chairman of Citi Habitats.
One of the most profitable investment banks on Wall Street, Goldman has also sought more than $1 billion in tax-free financing called Liberty Bonds and $30 million in cash grants, as well as low-cost electric power and tax breaks.
Eighteen months ago Pierce turned to an alternative form of financing called factoring the process of selling receivables at a discount to raise quick cash.
McCue and Davis, the executive tandem behind Tellme, one of several web startups headed by former Netscape employees, are progenitors of a new form of company financing called "sweat equity".
Similar(54)
But the federal National Institutes of Health rejected her requests for direct financing, calling the relationship between reptiles and human heart disease too remote.
A group that Mr. Lauder finances, called New Yorkers for Term Limits, is sponsoring the ads.
Kenneth Gross, a lawyer in Washington who advises Democrats and Republicans on campaign finance, called the commission's letter "a problem".
The emergency manager assigned to sort out Detroit's finances called on Thursday for an investigation into possible fraud and mismanagement of the city's pension funds.
[C2.] New Scrutiny for Pension Rules Peter R. Fisher, Treasury under secretary for domestic finance, called the rules for contributions to America's pension system schizophrenic.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com