Either way, one end-of-year incident in 2007 illustrates two absurdities: the techniques that banks use to make themselves appear healthier than they really are, and the determination of some portfolio managers to get dubious-looking securities out of their portfolios by the end of the year.
As an explanation, though, it gets dubious.
Atlantic Yards Backers Seek Chinese Investors, Anatomy of a Green Card Pitch: In China, Atlantic Yards Backers Rely on the Distraction of Basketball, and Reuters Nails Promoters of Green Cards for Investments as Liars, Gets Dubious Excuses on Brooklyn Arena).
That 'cooperation' is the cooperation of the wolf with the lamb, and the poor majority of the population only get the dubious advantage of being exploited for the benefit not just of local potentates, but of European businesses too.
WHEN Earl Dodge Osborn consulted his mother, Alice Clinton Dodge Phelps, nearly 80 years ago, just before starting a company that would manufacture aluminum floats for seaplanes, he got a dubious reaction.
During the peak years of housing inflation, Fannie and Freddie were pushed to the sidelines; they only got into dubious lending late in the game, as they tried to regain market share.
Well, Kenny Dalglish, first time he was a manager, was asked after a game that ended 1-1 and he got a dubious penalty, and the guy said to him, 'Was it a penalty?' and he said, 'Of course it was.
Unfortunately, that means that anybody who happens to want to hang out late at night or accidentally dialed a wrong number gets the dubious distinction of waking me up.
And it wasn't necessarily low income borrowers getting these dubious mortgages.
