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Exact(13)
The same collateral was used for multiple loans.
He could persuade "banks to lend twice, on the same collateral, all because of the Gosaibi name".
The process is expected to result in a rate that is lower than the discount rate at which the Fed lends money to banks, backed by the same collateral as will be required in the auctions.
Buyers from different states might be shown the same pen of cattle, they say, just as inspectors from different banks might be shown the same collateral on their loans.
On another issue, Curran concluded that Billy Carter neither pledged the same collateral twice, nor sold off peanuts securing the NBG loan in April and May 1976, as former Carter warehouseman Jimmy Hayes told The Washington Post in March.
In 2008, MetLife used a subsidiary in Vermont to handle a crucial $3.5 billion letter of credit, with help from Deutsche Bank, because the subsidiary was not subject to the same collateral requirements as in New York.
Similar(47)
But then the Fed turned around and lent a Lehman subsidiary billions, based on that same collateral.
Kaupthing accepted the same shares as collateral for the loan, according to the letter.
In certain circumstances, they are the most effective system to use against light armor, wheeled vehicles, materiel, and personnel, while at the same time limiting collateral damage.
Civilized, compassionate, unable to inflict the same kind of "collateral damage" as his savage antagonist, Gordy inadvertently gives the terrorists their clearest shot at the C.I.A.'s inner sanctum.
Last year, regulators began to worry about the increasing practice in some villages of family members getting two or three loans from two or three different banks and pledging the same assets as collateral.
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CEO of Professional Science Editing for Scientists @ prosciediting.com