The securities auctioned off came from a pile of commercial real estate securities known as MAX C.D.O., or collateralized debt obligations, that were held by Wall Street banks but were insured by A.I.G.
Lone mothers often have high financial obligations, holding them back from absence from work when ill.
A.I.G. confirmed in a separate press release that Maiden Lane III, which was made up of collateralized debt obligations that had been held by a once-troubled unit of the insurer, had paid off its obligations to the New York Fed.
The obligation to protect medical data held by the state or private companies has taken on a new urgency as more and more health data is being transmitted and stored electronically.
"By definition, we cannot have that same level of assurance when they are held by foreign governments, whose obligations and practices may differ from our own.
One who holds property subject to a reversion interest held by another is under certain obligations as to the use of that property.
What is a doctor's obligation to a prisoner, a suspected terrorist, being held by his government?
Like subprime mortgages, leveraged loans are frequently packaged into collateralized debt obligations (CDOs), the riskiest tranches of which are widely held by hedge funds.
GM's liability is $20.2 billion; Chrysler, which is privately held by Cerberus Capital Management, hasn't disclosed its obligation.
Except for German bonds, Italian debt is more widely held by European banks than any other government obligation.
That problem is greatly compounded by the fact that the $10 trillion of debt that is held by investors represents only a fraction of the federal government's obligations and ignores an additional $46 trillion of commitments to Social Security and Medicare.
