The reporting requirements do not go into effect immediately, but the commission also approved an interpretive release reminding companies that under current law they could not use financing structures — including off-balance sheet securities or investments — aimed at masking their reported financial condition.
According to the sheet, the securities represented a "large and liquid market" with "high-quality credits" and similar returns to other short-term instruments like commercial paper and money funds.
Although State Street reported its net income jumped in the third quarter, investors are worried about the institutional money manager's balance sheet and securities positions, sending its shares tumbling.
Little did I know that while I was preparing to go to Iraq, the Bush administration was using Bible passages (both Old and New Testaments) on cover sheets of security reports, emblazoned on top of pictures of our armed forces.
But they have declined, because they dare not cram even more assets onto their already strained balance sheets.Yet securities of these types should be more resilient than those tied to subprime loans.
The world's central banks have accelerated globalization's advance by dropping their interest rates to unsustainable lows while loading their balance sheets with securities that were damaged by the previous downturn.
Some 30 residents, most of them children, fled in the early afternoon, holding a white sheet up so security forces would not fire on them as they crossed between the warring sides.
The analysis starts with the special characteristics of the project company, proceeds in Section 7.2 with the overview of the contractual structure of the deal (due diligence report, term sheet, credit agreement, security documents, equity contribution agreement, intercreditors' agreement, hedging agreement, project documents).
R.B.S. is now undergoing a significant reorganization that aims to strengthen its balance sheet, shrink its securities unit and cut costs by shedding units and employees while adding customers.
Second, we have taken steps to strengthen our balance sheet through successful securities offerings.
