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"Various forms of asset sharing can promote competition and investment – regulated access to dominant infrastructure on terms that support further investment by all players, access to other utilities' infrastructure on reasonable terms [and] sharing of wireless assets such as masts or spectrum under clear conditions".
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To encourage saving and thrift among the less well off, and to give them a stake in society, various forms of asset-based redistribution have been proposed.
The special entities used in most of the traditional forms of asset-backed securities -- those backed by mortgages, car loans and credit card debt -- will probably not be affected, he said.
The market for subprime mortgages has all but disappeared and demand for all forms of asset-backed commercial paper — which are securities backed by mortgages, credit card debt and company receivables — remains very weak.
Therefore, interest rates paid on these two forms of assets have to be nearly the same; in the present environment, both rates are close to zero.
Banks themselves may... swap those assets for other forms of assets that are income-yielding, but they are not able to lend from them.
"It is a form of asset allocation, or active management strategy.
Once speculators get interested in some other form of asset, they will move on".
In the past some form of asset swap between BSkyB and European broadcaster RTL, parent of Channel Five, for the stake, or part of it, has been mooted.
This approach, of course, proved inadequate, and the Fed deployed far more firepower in the form of asset purchases after 2008.
Since annuities are protected from creditors in some states, they offer a form of asset protection.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com