Unwilling to take on interest rate risk, banks often make borrowers finance operations with variable-rate debt.
Andrew Selee, director of the Woodrow Wilson Center's Mexico Institute in Washington, said Mr. Peña Nieto seemed intent on reaffirming the power of the state, a hallmark of his party, while also hinting at taking on interest groups.
By contrast, the risk of long-term instability if the government fails to take on interest-groups is real.
With the advent of securitization, or the ability to package up mortgages and sell them off as securities, the market found some investors — bond funds, insurance companies and others — that were willing to take on interest-rate risk.
Emanuel's willingness to hang tough and accept a strike was itself a hopeful sign that some Democrats are hardy enough to take on interests aligned with their own party.
The evidence points to some intellectual intimacy between these friends, and this takes on special interest in light of the new king's warlike conduct.
His group, the Environmental Movement of Olancho, takes on interests, including landowners and illegal loggers.
And in my May column, I'll take on interest and skill analysis.
Despite the aggressive stance the Fed has taken on interest rates this winter, many on the Street are looking for further rate cuts when the Federal Reserve Board meets next month.
Woodward has a record of taking on vested interests, but the interests in the land of Les Bleus are too deeply entrenched even for him.
