Companies and mortgage buyers, riding the tide, took out sizeable loans that then proved virtually impossible to pay back.
The moves, announced Tuesday after a two-day board meeting, and after a search that took longer than one month to complete, come as Citigroup faces shrinking capital levels, $13 billion or more in new write-downs, and deterioration in its sizeable consumer loan portfolio not only mortgages but auto loans and credit cards.
Upon discussing the positions available and salaries offered by various labs in the U.S. and Canada, I came to realize that these salaries in combination with my sizeable student loan repayment schedule would result in a take-home salary of less than I had received during the funded years of my PhD.
As a result, just at the point when they can expect to realize significant clinical earnings, and when many already carry sizeable student loans, potential clinician-scientists must again defer financial rewards.
In recent years, a sizeable percentage of consumer loans (whether auto loans, student loans, or credit cards) have been securitized, allowing lenders to offload the risk to outside investors.
Of equal relevance is the ability of some of Robinho's suitors to pay not just his sizeable wages but a signficant loan fee.
New mortgage lending has been buoyed by Funding for Lending, launched in August 2012, which has led to a price war on loans for borrowers with sizeable amounts of equity, and finally seems to have persuaded lenders to offer more loans at high loan to values (LTVs).
These steps include dramatically slowing down balance sheet growth, building up sizeable cash balances and pursuing whole-loan sales and other alternative strategies to access capital, according to CSFB.
The 1980s savings-and-loan crisis amounted to a sizeable banking bust, but because it did not result in an economic catastrophe, the regulatory consequences were modest.
One study showed that the volatility of a typical bank loan-portfolio was underestimated by a sizeable 40% when asset inter-relationships were ignored.
When Redknapp became Tottenham manager in October 2008, he was determined to bring Defoe back to White Hart Lane and a move was duly competed barely three months later, with Portsmouth making a sizeable profit on what was effectively a one-year loan.
