Word: grossness
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Dates: during 1990-1999
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...leaped from zero to $330 million in a year, and the compass points to Indonesian and Thai clients. In total, the bank has some $5 billion of derivative credit exposure in Asia. And Greenspan was quite right to be concerned about CIBC. The bank has nearly $1 billion in gross foreign derivatives with parties that are below "investment grade" (translation: risky...
...bank after absorbing losses of about $150 million on a blown deal, accusing Bankers Trust of misleading it on the risks. The bank agreed to a costly settlement. Now it may face other nasty surprises from Asia. According to SEC filings, the bank has some $5 billion of gross-credit exposure in derivatives to clients that aren't investment grade...
...universe with a heroic gentility. But will Carrey's rowdy fans skip Truman? Or will the audience that might appreciate an adult parable stay home because, hey, it's just a Jim Carrey movie? One industry savant says not to worry: this canny film will reach both groups and gross $200 million...
...RYAN (July 24). Tom Hanks, Hollywood's most improbably reliable box-office lure, hasn't starred in a film since 1995, so it's nice that his friend Steven Spielberg gave him this chance for a comeback, in a World War II G.I. drama with Matt Damon. The potential gross here is the same as for an old Hanks film...
Residents say the building's original owners, Sidney and Norman Gross of Brookline, sold the properties in order to "distance themselves" from code violations...