But leverage magnified the relatively small decline in asset values into a much larger shock to net worth.Mr Smith persuasively argued that a robust recovery will not occur until the private sector's unpayable debt burden is liquidated.
MONY, a relatively small insurer with assets of about $25 billion, has been struggling to compete with the giants.
Monomoy, which has just 20 employees and manages a relatively small $700 million in assets, has specialized in acquiring small- to medium-size businesses that might seem antiquated to other buyout firms.
Secondly, we feel it no longer provides a good strategic fit for a potential acquirer: while its large gas asset in Tanzania could be of interest to an 'oil major'-type acquirer, we believe the medium size gas project in Equatorial Guinea is more likely to be of an interest to only a 'mid major' and the ex-Salamander, relatively small oil producing assets do not fit in a major company portfolio.
Third, if possible, find a manager with a relatively small pool of assets.
Narrow ETF categories and even country-specific products have relatively small amounts of assets and are thinly traded.
This may be related to the relatively small differences in assets between the wealthiest and poorest households and the lack of a significant relationship in iCCM areas to the relatively short follow-up period from full implementation of iCCM.
The firm was still relatively small, under $500 million in assets, when he decided to move from Stamford, Conn., to Silicon Valley in early 1997.
HSBC have a relatively small portion of their assets in the UK but were paying £1 billion a year in levy charges.
Unlike Cyprus, which this spring became the fifth euro-zone state to require a rescue, Slovenia has a relatively small banking industry, with assets worth around 130% of GDP compared with the Cypriot banks' 800%.
