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At Wayne State University in Detroit, "There were some liabilities with Tartars," Mr. Marciani said.
Deutsche Bank's liabilities, with its leverage ratio topping 50, amount to 80% of German GDP.
The initial swap covers £500m of liabilities with a further £250m planned.
What lawyer today, for example, wants to share liabilities with an "aggressive" accountant?
His "personal baggage," as his opponents call it, is one of his biggest liabilities with conservative religious voters.
Insurance companies will have a more difficult time matching their long-term liabilities with risk-free bonds.
Public ownership is preferable to a bad private sale which leaves the risks and liabilities with the government and the profits with the private bidder.
Buyers are adopting this strategy: instead of purchasing an entire company, they are acquiring just the assets and leaving the liabilities with the old company.
Thus any strategy that does not exactly match the liabilities with a portfoilio of bonds is essentially playing hedge funds with public money.
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There's so much civil liability with that.
He managed, he says, to limit our liability with the Olympic project, but there is no such limit of liability with Crossrail.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com