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Because they say that's my private asset".
Now, private asset managers are piling in, too.
"Private asset accumulation may be forced upon us well short of reaching zero debt," Mr. Greenspan said last month.
"Retaining ownership of this data is vital because otherwise you're spending public money to create a private asset".
John Burger of Brown Harris Stevens represented the seller, Peter A. Aron of Kings Point, N.Y., the vice president of Lafayette Enterprises, a private asset management firm.
"We believe the E.C.B. will need to step up considerably its purchase program especially on the private asset side," Mr. Peruzzo said.
Similar(30)
Although low-rated private asset-backed bonds will be subject to bigger discounts after this year, government bonds will not.
Instead, it has opted for a clean-up on the cheap.In January Congress passed a law to encourage the setting-up of private asset-management companies to dispose of bad debts.
"We were interested in the Farmers Diner because it's socially responsible," said Deborah Ciolfi, president and C.E.O. of Gravestar, a private asset-management company that has invested in the diner, "but if it's a one-off, it doesn't have an impact.
Critics are calling it the most drastic nationalization of private assets since Soviet times.
But the power to take over private assets in the public interest must be constrained.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com