The disclosure issue revolves around hedges, or the trades banks make to offset potential losses elsewhere in the bank.
The banks said that the currency-option trades that Mr. Rusnak said he made to offset risk were fictitious.
Jamie Dimon repeatedly described the synthetic credit trades as hedges made to offset risk, despite information showing the portfolio was not functioning as a hedge.
What's also important to note is that all these digital moves are not just being made to offset a decline in print readers, but also another decline that comes as a consequence of that: in advertising.
Earlier today, President Trump revealed his first budget blueprint including the massive cuts he would make to offset his $54 billion investment in military spending.
Therefore, attempts should be made to offset this decrement (e.g., exercise) or to facilitate processing (mnemonics, cues, and reduced information load).
The chief financial officer, Peter J. Bensen, said McDonald's would "raise prices where it makes sense" to offset some, but not all, of the cost increases.
The best thing about this position is you can only lose if the S&P rises from here and that would mean the long positions you are protecting would be making money to offset any losses you may have on your SDS longs.
Mr. Piano, for his part, said it would be "impossible" for the museum building to make adjustments to offset the glare.
If her ball is in the middle of Colonial's relatively small greens, she will have birdie putts of 15 or 20 feet, if not less, to most of the hole locations.To shoot par or a stroke or two above, Sorenstam will need to make birdies to offset her inevitable bogeys.
