Federal officials worried not about AIG's ability to insure its ordinary customers those assets are kept in myriad subsidiary units of the company, all closely regulated by state governments in the United States, as well as Europe and elsewhere.
In America a fall of that magnitude would anger a wide array of shareholders, from ordinary citizens to asset managers to companies themselves, and this dissatisfaction could filter back to political leaders via the democratic process.
Among the 395 or so trusts holding assets worth £105bn, there are some racy options and types of assets ordinary investors can't usually buy.
That being the case we ordinary folk, whose largest asset is probably our home, are rather pleased to be in the right generation and own property in the right places!
Low rates may boost shares and property, but ordinary Germans shun such assets.
Today, while the sector remains closed to those of middling means, pension funds—responsible for the retirement assets of ordinary people are diversifying into it in a big way, believing they can earn good returns.
One case in point are those businesses built on the so-called "sharing economy" model, where ordinary people and their assets are the basis of goods and services marketplaces.
However, these features may not be ideal for tax-deferred retirement plans, as retirement plan assets are usually traded infrequently, and assets are taxed as ordinary income when distributed, regardless of the period for which the assets were held.
Carried interest, therefore, is the profits share on the sale of a capital asset and not "ordinary income" as some would have it treated.
Property held for sale that has substantially appreciated in value is a so-called hot asset. Ordinary gain can be triggered on the distribution of a hot asset, and careful tax planning is recommended prior to such a distribution.
