Word: liquidized
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...that don't. It can be difficult to sell the stuff that's causing the problem; those markets are beyond redemption. So if you can't sell what you want to sell, you sell what you can sell. The fund looks at its other holdings, focusing on the more liquid positions and reduces its exposure there. This causes pressure on these markets, markets that have nothing to do with the original problem, other than the fact that they happened to be held by the fund that got in trouble. Now that these markets are feeling the heat, other highly leveraged...
...proving to be opaque, hard to value accurately and potentially dangerous to both lenders and borrowers if their real worth has to be accounted for at short notice. There's a knock-on effect to disillusionment with these esoteric products: when investors must raise cash quickly, the more liquid and tradable assets tend to go first...
...around Sakhalin; one executive says the island could eventually become as important to the industry as the Gulf of Mexico. SE is finishing a pair of underground 500-mile pipelines down the spine of the island that will deliver oil and natural gas to the one of the biggest liquid natural gas (LNG) terminals in the world, from which it will be exported to the energy-hungry economies of East Asia. Unlike the rest of Russia, unemployment on Sakhalin is virtually unknown, and money is pumping through an island economy once impoverished even by the grim standards of post-Soviet...
...17th century Italian bas-reliefs. Still, throw in a fence, a heater, a motorized cover and a filter pump that runs 24/7, and I've spent tens of thousands of dollars to surround myself with water, no different from the guy who buys a yacht and names it Liquid Assets. Is that me? I worry that it might be. Look into a swimming pool, and you'll see your reflection...
...casualties, however they might do it. In other words, with our limited resources, it's more important right now to protect Times Square from an old-school fertilizer bombing, a relatively easy attack that could kill thousands, than to try to prevent an airplane from being taken down by liquid explosives...