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Exact(4)
It had been encountering difficulties in its liquidation because of fears among investors and bankers that delayed the settlement of some asset sales.
Many of these investors have enough wealth to buy millions of dollars of some asset and the time to wait to see what happens.
Their point was that a fall in the price of some asset, even if it should in principle present a buying opportunity if the fundamentals haven't changed, may actually be self-reinforcing instead if there is a limited class of leveraged investors who buy that asset.
A binary option is a type of option where the payoff is either some fixed amount of some asset or nothing at all.
Similar(56)
That looks dangerous, given fears that the agencies have over-estimated the creditworthiness of some asset-backed securities (see article).
J. P. Morgan Chase customized it for Enron, expanding the floor plan to include no fewer than four interconnected special-purpose entities: * At the hub was Sequoia, which bought accounts receivable from Enron and paid for them with money borrowed from the special entity next door, called Cherokee, through the private sale of some asset-backed notes.
The drop followed a suspension of drilling in the gulf and the sale of some assets.
It had suffered a fall in the value of some assets.
Another is the recent sharp rise in the price of some assets, including commodities like gold.
In December the company lowered its profit forecasts and wrote down the value of some assets.
Spanish regulators imposed conditions on a takeover, including the sale of some assets on the ground of energy security.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com