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It involves using bank loans — in this case, from Deutsche Bank — to generate paper capital losses that offset real gains in taxable income.
In fact, both Williamson and Hart imply a hypothesis that transactions among organizations are manageable, while in this paper, capital shortage seemingly conveys a lack of transaction conditions.
Congress' action wiped billions of dollars worth of paper "capital" off the books of the thrifts, reducing their ability to earn money by making profitable loans.
The paper Capital purported that Valev's hidden junkyard business partner is likely Kamen Zhelev, who a couple of years ago pled no contest to running a nightmarish, Godfather-style debt-collection company called Creditline.
This is further explained in the technical paper "Capital is back... .. (Piketty-Zucman QJE 2014) available here.
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A recent Bank of England paper contemplated capital on the order of 15 to 20 percent.
Write a research paper assessing capital punishment policies in other countries, such as Botswana, China, Algeria, Morocco, Egypt, Iraq, Iran, Afghanistan, South Korea, Indonesia and Taiwan.
Here, when the Federal Reserve Bank of New York writes a paper on capital requirements, the economists focus on the costs and exclude any examination of the benefits.
On this point, it is encouraging that the European Commission has issued a green paper on capital markets union today, hoping to diversify the financing of small businesses away from banks.
TATIANA COOLEY has five tattoos, speaks four languages and this month, for the third consecutive year, became the national memory champion, which means she can do feats like stare at a 50-line poem for 15 minutes, and then replicate about half perfectly on a blank piece of paper, including capital letters, italics and semicolons.
Other industries likely to turn around: broadcasting (hurt by the loss of advertising when stations went to all-news formats during the crisis), paper, gambling, capital goods.
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