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All fall down Read it and weep Collateral damage Not yet the last resort Reprints Related items Hedge funds: Collateral damageOct 9th 2008 Global finance: LifelinesOct 9th 2008With the exception of gold, about the only asset that has risen in price is government debt, for which investors are currently clamouring.
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But the company was using those funds as collateral to borrow money and invest in riskier securities.
South Korea's largest conglomerate, the Hyundai Group, said its chairman would use personal funds as collateral in a plan to revive its ailing Hyundai Investment Trust Company.
Already in 1857 he had used Peter's Pence funds as collateral for a new loan from the Rothschild banking firm.
But members of the Commission have raised questions about whether this is possible since Mr. McCain used the promise of federal funds as collateral in obtaining a bank loan for his campaign.
I'm wondering about the one prohibiting him from withdrawing from the public financing system if he used the promise of matching funds as collateral.
As the Boston Globe reported, "[D]uring the Republican primaries, McCain took out a $4 million line of credit for his then-flagging campaign, using the promise of federal matching funds as collateral.
The cost of funding cash collateral for the variation margin is known as funding valuation adjustment (FVA), while the cost of funding segregated collateral posted as initial margin is the margin valuation adjustment (MVA).
For the June 15 payrolls, the Tigers and the Devil Rays secured loans using distributions from baseball's central fund as collateral.
It insists on tough conditionality: states being helped will have to provide the fund with collateral and earmarked tax revenue.
This strategy requires him to hold the money that investors put into the fund as collateral for the swaps, and he invests this cash in Treasury Inflation-Protected Securities, or TIPS.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com