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If banks had to write these loans down substantially, acknowledging the true extent of their losses, they would have to raise capital - and might even teeter on the brink of insolvency.
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In the interview, Sergey Brin notes that he and his wife, Anne Wojcicki, would like to engage "more substantially" in philanthropic endeavors, acknowledging that the $1 million donation is relatively small if you consider that fact that his personal wealth is now an estimated $16 billion according to the Times.
Thomas says "Tesla updated its IPO filings to acknowledge substantially all of the concerns we [ie Owen Thomas] raised as potential risk factors investors should consider".
But an honest assessment of Ryan's record requires acknowledging that he's made his own party substantially more responsible and rigorous, while also challenging some of the self-deceptions that are endemic on the Democratic side of the aisle.
President Bush's re-election campaign on Sunday pressed its case that Senator John Kerry would either raise taxes more substantially than he has acknowledged or deepen the budget deficit.
In ditching this policy, Tim Cook, the successor to Steve Jobs, is acknowledging what Microsoft acknowledged to some extent nearly ten years ago when it started paying dividends, and more seriously three years ago, when it raised its annual payout substantially: it is now generating so much cash that it can't hope to reinvest it all productively.
While acknowledging the difficulties of quantifying time preferences and warning that considerable uncertainties surrounded their calculations, they concluded that tobacco excise rates could be increased substantially in Australia.
While acknowledging that these requirements can be difficult to monitor and enforce, the ACGME and residency review committees can impose citations, probation, or loss of accreditation on programs that fail to substantially comply with resident duty hour requirements.
He acknowledged that he "profited substantially" by trading on stock tips from Mr. London.
We acknowledge that this will substantially increase costs in a first exploratory phase.
The criticism has some merit, but our own research shows that the fund's performance relative to various indices varies substantially from year to year.Critics should also acknowledge some positive aspects of Norway's fund.
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CEO of Professional Science Editing for Scientists @ prosciediting.com