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The report added detail, and in congressional testimony, its chief author, William Powers, dean of University of Texas School of Law, pointed a finger at Lay and "a fundamental default of leadership and management.
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Ms. Tett describes how banks invented increasingly complex derivatives, "all based upon the fundamental premise that the default risk of bundles of mortgages had been virtually erased by the process of bundling and then slicing them" into so-called "tranches," which were supposed to give investors a choice of different levels of risk and return.
Recent evidence points to two potentially fundamental aspects of the default network (DN), which have been relatively understudied.
A recent report by Lehman Brothers showed that aggressive underwriting is what probably has brought Riverton to the brink of default, not a fundamental deterioration in the overall market.
"In addition, the latest capital market developments have led to a dramatic worsening of the fundamental market assessment of the actual default risks in the subprime segment," KfW said.
Also in portfolio credit models, the default correlation is one fundamental factor of risk evaluation, see e.g. [2] and [3].
When we don't give our students the right kinds of support, we default on our most fundamental promises of equal opportunity, and we risk missing out on all the amazing things they can contribute too.
Beginning The New Year With A Bang! In this issue, we redefine default and distress to recognize fundamental shifts in the municipal market.
A fundamental right to marriage equality would by default be a national right, one that gay and lesbian citizens in Alabama would be entitled to as much as those in California.
Thank you for sending your work entitled "Thalamic Functional Connectivity to the Default Mode Network is a Fundamental Neural Correlate of Consciousness" for consideration at eLife.
Fundamental information about student results, including information comparing default rates, graduation rates, and median debt levels for the school.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com