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Mr. Connaughton cited the administration's financing for cleaning up brownfields -- abandoned urban industrial sites -- and said this financing had leveraged money from the private sector.
As I've noted before, great gobs of leveraged money floating around the world tend to end up on the same side of the same trade at the same time.
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Last October, the Castle, a heavily leveraged consistent money loser that had been wholly owned by Trump, was bought into Trump Hotels, a transaction that gave him five million eight hundred and thirty-seven thoushareshares of stock.
When the federal and state government kicked in $78 million to build 200 new affordable houses to replace the Westfield Acres projects, the Carpenter Society bought its place at the negotiating table with $17.8 million in leveraged grant money.
The problem is that Romney worked for a private equity firm that leveraged investor money -- oftentimes from Wall Street banks, but also from other sources -- and not for a financial services company that specialized in creating exotic derivatives of questionable integrity.
The purchase of the four weekly newspapers was a leveraged buyout, using money borrowed from ISIS Venture Partners, a private equity firm that was organized earlier this year.
He persuaded them to help create a highly leveraged vehicle, with money from investment banks, that would invest in a smattering of funds and strategies, some run by Galleon and some run by Trehan's firm, BroadStreet Group.
Because a leveraged position can lose money just as quickly as it can make money, a trader should have enough funds to act as a cushion against any drawdown or adverse moves without the risk of being automatically liquidated and losing the bulk of his or her trading capital.
In addition, most Indian banks and financial investors are unwilling or unable to lend money for leveraged acquisitions.
That client is now investing money in leveraged exchange-traded funds pegged to oil and financial companies, Mr. Slater said, "and making money doing it".
This is because spread betting is a leveraged product: you borrow money to make larger bets than you could otherwise afford.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com