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So far, the most popular method for raising new money has been through so-called liability management exercises.
There are a few problems with this, not least: (a) the quantum of subordinated debt in the small Spanish banks is not significant, and was recently reduced by the trend of liability management exercises; (b) a not insignificant amount of this subordinated was sold to retail investors.
Table 4 The five types of emergency management exercises, as described by MCDEM ( 2009a ) What Details Example Orientation exercise A 'walk through'.
We also review national and international Civil Defence and Emergency Management (CDEM) exercises (Section 5) to highlight the benefits that can arise if scientists develop their own activities rather than solely participating as external players in emergency management exercises.
This knowledge has been successfully used for volcanic risk management, such as informing emergency management exercises, development of public and sector specific information resources and some risk assessments (Wilson et al. 2014).
We argue that to truly enhance the science response, science agencies must learn from the emergency management sector and embark on exercise and simulation programs within their own organisations, rather than solely participating as external players in emergency management exercises.
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This could be done by a (semi-coercive) liability management exercise.
At the end, there is advice on stress management, exercise and changes that can reduce risk factors.
After buying Independence Plaza, the new owner, Laurence Gluck of Stellar Management, exercised his right to leave the Mitchell-Lama program in June 2004.
"Peace talks are not a crisis management exercise to be invoked at the pleasure of a government which is on the verge of a collapse," the Liberation Tigers of Tamil Eelam said in a statement carried on the Tamilnet Web site.
Aaron Miller, a former senior State Department official, called the talks "a management exercise driven by Iran's vulnerability and need for sanctions relief and the West's fear of war".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com