Word: sales
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Dates: during 2010-2019
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...just 60 cents per dollar of book value. J.P. Morgan, in purchasing the assets, noted that, “Our more conservative financial policy puts us at a disadvantage in buying wind-farm assets—hence the large discount.” As a result of the fire sale, Pro-SWIFT creditors experienced significant losses...
These losses were the first in the history of the SWIFTS, and they had a powerful effect. Creditors of other SWIFTs, awakened to the risks involved, began to refuse to roll over short-term loans. This has led to further liquidations, bigger fire-sale discounts, and a cascading effect. To date, over 50 SWIFTs, representing over $700 billion in assets, have failed. Yesterday, it was reported that Berkshire-Hathaway was in discussions to acquire Magna-SWIFT’s wind-farm assets for 30 cents on the dollar...
...November 2010, California voters will consider a ballot initiative that would legalize marijuana in the state. The proposed law includes restrictions on sale and use, such as a minimum purchase age of 21, but the bill gives marijuana roughly the same legal status as alcohol. Early polls suggest the measure will pass, although full-scale debate has not yet occurred...
...underclassmen leave and seniors make their last desperate attempts to get rid of stuff, your inbox may be overflowing with e-mails advertising everything from futons to food. Last week, we decided head to the Pfoho House Wide Senior Sale to peruse the offerings. Check out this video to see what we found...
Uchiyama said that the funniest item he’s seen on sale so far is Jeremy S. Lin '10’s fridge for $50—it comes with a picture of Lin, a star Harvard basketball player, in action...