Word: saling
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Dates: during 2000-2009
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...addition, several automakers, among them Ford Motor Co., Volkswagen, Nissan, Honda and Mitsubishi, have applied for assistance under the Federal Reserve Board's Term Asset-Backed Securities Loan Facility or TALF. The TALF, which was set up last fall, was designed to subsidize the sale of asset-backed securities, a critical source of funding for car loans, student loans and credit card receivables...
...confidence, they've apparently figured out how to get the banks to support Geithner's other iffy program, the one designed to rid banks of toxic assets. Until now, banks have resisted selling the highly securitized, largely illiquid toxic assets, arguing they're worth more than the current fire-sale prices being offered on the open market. But taking them off the banks' books is key to restarting lending, and the stress tests' mandate to boost capital may be enough to get the process started...
...million in no fewer than 16 months. Given the scope of the project and the current economic climate, this lofty goal seems highly unrealistic. However, anything shy of this target will likely be insufficient to complete the expensive purchase. Exactly how much is needed is still unknown, as the sale price for the building has yet to be determined, even though one would have hoped that an elementary sense of prudence would have kept the UC from launching this initiative without finalizing such a crucial detail. But whatever the final price turns out to be—some estimates predict...
...magazine fans should not despair: a variety of competitors are also working on color-display technology that's as readable as E-Ink, among them Fujitsu's Flepia, which is already on sale in Japan, and Qualcomm's Mirasol technology, which is being used in smart phones...
...This year, farmers will likely suffer heavy losses, as the sale price of their hogs does not meet the cost of raising the animals. The recent price fall could be realized as a $10 to $20 per head loss in the next 12 months, predict Ward and Iverson. Pork processors have already lowered their bids for pigs, given the great degree of uncertainty in predicting the demand for pork...