"I'm sure there will be prior actions that we will have to commit to before the first tranche comes through," she said, "but I expect all the prior actions to be things that we can do in one or two weeks".
Mr. Quinn, the TCW lawyer, walked jurors through some of the details of fixed-income investing, explaining terms like "tranche," "pass-through pools" and "reverse floaters" in an attempt to show that DoubleLine's total-return bond fund had outperformed TCW's because it was packed with risky financial instruments.
That was supposed to make the tranche safer through diversification.
They could have done the rest when the second tranche comes through next year.
The final, compressed files and accepted spectra are available for review through Tranche (https://proteomecommons.org/tranche/; entitled "30day_mudpitted_condensed" and "90day_mudpitted_condensed").
The implication is not subtle: the troika and other creditors raised most of the bailout tranche from capital markets through low-interest bond issues, and then loaned the money to Greece at much higher rates.
Now we've got a tranche of issues coming through that people didn't see or didn't think were important but when the bottom line starts moving it becomes an issue of governance and of fund management".
What next?" Ms. Brooks and her husband are reportedly among the 11 individuals whose links to the hacking scandal were referred to prosecutors last month by Scotland Yard, a first tranche as investigators work through the cases of nearly 50 reporters, editors, investigators, police officers and others who have been arrested and bailed in the police inquiry.
Warning that the Bank and its counterparts from the other G7 countries might have already waited too long to act, Posen said the UK's above-target inflation rate should not be a barrier to an immediate injection of cash through a fresh tranche of electronic money creation.
Typically, the repayment risk on a pool of 50-100 loans is sliced into tranches, with the lowest tranche (called the equity tranche) bearing any initial losses.
