Word: assets
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...determine leverage, Schulte divided U.S. banks' tangible assets (that is, assets, including loans, minus intangibles such as goodwill) by their tangible capital (the book value of capital minus intangibles). He got a ratio of 24.8. This is a worrying multiple: the leverage of U.S. banks in 1993, years before the start of the asset bubble whose excesses have now brought the world to its economic knees, was just 20. To bring leverage back to that pre-bubble level, Nomura estimates that U.S. banks need to either shed $2.8 trillion in tangible assets (by selling loan portfolios, subsidiaries and other holdings...
...Harvard in this position for less than a year—she took up the post on July 1, right before markets began plummeting—Mendillo has no shortage of experience managing the University’s endowment. She spent 15 years at HMC working on nearly every asset class before embarking on her Wellesley hiatus, where she built the school’s investment office and re-engineered its portfolio. “Wellesley’s in a very good position thanks to Jane’s work,” says Deborah F. Kuenstner, Wellesley?...
...whether or not we have to break below the March lows [6440 on the Dow], but I'd be very wary about chasing the stock market right now. We don't have many similar historical examples to look at, but in light of credit contractions and asset deflation, it should be understood that this is not a normal manufacturing-inventory recession. Nor was the 1930s. At that time, we bounced off July 1932 stock market lows, and three months later the market was up 70%. I can only imagine what the psychology was back then - "How can we have missed...
Moreover, while the drones may seem a technological marvel and strategic asset to those waging the campaign on the American side, they don't impress the local tribesmen. On the contrary, they feed a perception that the U.S. is a cowardly enemy, too frightened to shed blood in battle. "The militants say that if the Americans want to come and fight, they should fight them face to face," says Mahmood Shah, a retired brigadier who was once the top Pakistani official in FATA. Shah, a Pashtun himself, says the families of the drones' victims are required under the tribal code...
...Lists an apartment in Greenwich Village as her primary asset...