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U.S. corporations have large assets overseas.
Most immediately, it destroyed China's hopes of developing large assets in Iraq.
But small independent companies would probably have difficulty marshaling the resources to buy some the large assets now being offered.
The "miracle of compounding" is a tremendous force for those sitting on a large pile of large assets.
into a fund of very large assets, unless he gets a lot of stock," Mr. Adams said, "and that's not likely to happen".
"European companies are sitting on a number of large assets," said Maria Pinelli, global vice chairwoman of strategic growth markets at the accounting firm Ernst & Young in London.
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Of the group, nine signatories lead large asset managers, including Blackrock, Vanguard, and State Street.
"A reverse mortgage is one way of making a very large asset produce income".
Fidelity, Vanguard, T. Rowe Price and Schwab are among large asset managers that run such programs.
The banks also benefited from some unlikely allies, including large asset managers that buy derivatives contracts.
The most common large asset for those on the bottom rungs is a house.
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CEO of Professional Science Editing for Scientists @ prosciediting.com