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The U.S. government guaranteed much of the potential losses on a $301 pool of toxic assets, giving the firm significant breathing room by putting taxpayers on the hook.
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At the largest firms, multiple layers of compliance officials oversee the calculation, though it is not due until noon the following day, giving firms significant leeway with reporting, industry officials say.
To this end, we have collected the firms' significant innovations and classified them by Schumpeterian types, patented and non-patented and domestic and imported.
Still, the firm faces significant challenges.
The firm said "significant" charges related to legal proceedings contributed to the loss, without giving specifics.
Paul R. Davis, chief investment officer of Marble Harbor Investment Counsel, said he might add to his firm's "significant position" in G.E. shares.
The firm made significant contributions to the defence funds of two lawmakers – House members Bob Ney and Tom DeLay – who would later resign from office because of serious financial allegations.
At their meetings, the prospective investors received a glossy spiral-bound summary of S&N's balance sheet, which showed it to be a financial firm of significant size.
"What happened?" Mr. Shaw blandly replies that his firm "suffered significant losses" that were "smaller, in both percentage and dollar terms, than those suffered by, for example, Long-Term Capital Management".
Goldman has said repeatedly that its exposure to A.I.G. was "immaterial" and that the $20 billion was hedged so completely that it would have insulated the firm from significant losses.
"People will not make trades with a firm with significant credit problems".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com