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South Carolina, $209 million of revenue bonds for securing assets for education.
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His US citizenship provided cover that might help secure assets for the family without arousing too much federal scrutiny.
Now many of the banks that facilitated the hedges for companies like El Paso and Enron are taking on their assets–not as lenders collecting secured assets but as pure investors.
"Before extending Triton, we should first secure the assets for what has already been planned".
Instead, most Americans believe you and your fellow bankers are in business to secure your assets for generations to come.
Mr. Blankfein, after your testimony this week, most Americans don't buy your claim that Goldman is in business to "help government raise capital to fund schools and roads," or to "work with pension funds, labor unions and university endowments to help build and secure their assets for generations to come".
In effect, investors are buying quality equities as proxies for bonds relatively secure assets with added protection against the risk of higher inflation.The stockmarket is highly prone to fads for one type of stock or another.
Others picked up on the fact that Mark Zuckerberg's girlfriend is Chinese-American, with a nod to the phenomenon I wrote about recently in The New Yorker: Chinese men and their difficulty in securing the assets they need as prerequisites for marriage.
"This forms part of our long-term strategy of investing in UK renewable generation assets, securing renewable electricity for our rapidly-growing customer base and playing a part in helping the UK secure its energy future".
Effectively, the securities he sold to investors provided loans for governments secured against assets that he himself controlled.
Thereafter, the insolvency administrator must continue operations, secure remaining assets and develop options for the future of the firm.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com