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The majority of its troubled portfolio was picked up in 2008 when it bought Countrywide, whose aggressive subprime lending practices made it a symbol of industry excess.
As a hapless investor, Paulos fell into the same wishful traps as less numerate people, trusting stock touts, joining investors' Internet chat rooms, trying to recoup by accumulating additional shares as WorldCom stock fell and even failing to study the fundamentals of the telephone industry (excess capacity, falling earnings).
Calculation Of Industry Excess Return.
That is, the Industry Excess Return must be positive.
This item is computed as a weighted average of each of the analyst's Industry Excess Returns.
That is, his or her Industry Excess Return must be positive.
Similar(47)
The company prospectus even included a clause to prevent the band from succumbing to music industry excesses.
In sharp contrast to Jamie Dimon's contemporaneous letter to shareholders at JPMorgan Chase — which darkly confronted potential "negative scenarios" from "recent industry excesses" — Rubin glossed over any gathering clouds.
In all cases, the industry excesses are floating on the pocket books of China's booming middle class, many of whom have traveled to English speaking countries like the US, Australia, or Singapore. .
In all cases, the industry excesses are floating on the pocket books of China's booming middle class, many of whom have traveled to English speaking countries like the US, Australia, or Singapore.
This protest movement against social and economic equality drew many to the streets and forced politicians to talk about issues of inequality in America, from income inequality to wealth inequality to inequality of opportunity to finance industry excesses to attacks on unions and worker's rights.
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