Correction: July 7, 2000, Friday An article in some copies of Business Day on Saturday about the resignation of Raymond Lane, president of the Oracle Corporation, referred imprecisely to press reports that Oracle's software rival, Microsoft, had underwritten groups backing Microsoft's antitrust defense.
That should cheer Thailand's business lobby, which, with the army, underwrote the back-room deal that brought the Democrats to power.
The United States government has been active in trying to account for and destroy the missile stockpiles, and underwrote buy-back programs that recovered many of the weapons that disappeared in 2003 from Saddam Hussein's storehouses in Iraq.
Deutsche Bank, for example, underwrote securities backed by $1.5 billion of New Century loans in 2006 that included a "substantial" portion of exceptions, according to the prospectus, which lists "pride of ownership" among the reasons the loans were made.
Lehman Brothers is a major player in the mortgage market and a top player in underwriting securities backed by mortgages made to home buyers with weak, or subprime, credit histories.
Loans that PeerStreet underwrites are backed by real estate for collateral.
The economic downturn crippled many foundations that traditionally support public media, and corporations have cut back underwriting.
Wall Street's sensitivity to charges that it operates as an underwriting oligopoly dates back at least to the Glass-Steagall act of 1933 when commercial banks were forced to sell or close their underwriting business, in effect reinforcing the franchises of "bulge-bracket" securities firms.
Meanwhile, the investment bank Morgan Stanley, which was underwriting the IPO, bought back millions of shares to artificially inflate the price on day one.
But if your purchase shows up as a new credit card account with a $3,000 balance, the loan might be sent back to underwriting in order to redo the calculations, Mr. Daversa said.
