Your English writing platform
Discover LudwigExact(6)
The figure represents about €50 billion in bank recapitalization and €40 billion worth of liabilities at the asset agency.
As of the firm's filing at the end of June, it had $44.4 billion worth of liabilities; yet it only had $1.4 billion of equity.
Under the terms of the agreement, Najafi would pay $215.1 million for most of Borders' assets, and would also assume about $220 million worth of liabilities.
Lewis's opposition was dismissed by Richard Bove, an analyst at stockbroker Punk, Ziegel & Co, as sour grapes: "Lewis can run around yelling and screaming all he likes but unless he's willing to step up and guarantee $33bn worth of liabilities, he'd better just fade and go away".
During a feisty exchange on Capitol Hill, he told the House oversight committee that he regretted his opposition to regulatory curbs on certain types of financial derivatives which have left banks on Wall Street and in the Square Mile facing billions of dollars worth of liabilities.
It used repurchase agreements ("repos"), which are short term loans, to disguise $30 to 50 billion worth of liabilities.
Similar(54)
There was a catch; Mr. Shields needed $3,000 worth of liability insurance.
Uber claims that its drivers work under a package of coverage, including $1 million worth of liability coverage.
One provision would allow for-profit colleges to acquire campuses in financial distress without accepting more than a year's worth of liability.
The Independent Insurance Agents and Brokers of America, another industry group, said the cost of insuring that amount of property was about $12 a month, which would also cover $100,000 worth of liability if someone were injured on the premises.
In 2005, after watching other organizations fend off lawsuits, the Lichtenstein foundation bought $5 million worth of liability insurance and made its authentication process more rigorous and transparent, its executive director, Jack Cowart, said.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com