Word: shadowers
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...biggest bad surprise for investors in bank stocks, though, could come from pools of so-called shadow assets that have been following around these banks for years. In the earlier part of this decade, banks set up a number of financing arrangements called special investment vehicles or variable interest entities. These arrangements each had different functions, but they were generally known as special purpose entities and they had the effect of keeping certain loans off bank ledgers...
...accounting rules means that banks are going to have to bring those loans back on their books by the end of this year. The biggest fear is that banks will start recording losses from these loans that investors weren't expecting. There's a second problem related to shadow assets: Regulators say that banks must hold capital equal to at least 5% of their assets to be considered healthy. Citigroup, to take one example, has about $850 billion in special purpose entities. That means to reincorporate those assets by the end of this year, Citigroup will have to come...
...League schools, but was accepted at Rochester. By comparison, my older brother was attending Princeton, two cousins were in Harvard and a third was at Bryn Mawr.... As I prepared to go to college, I consoled myself that I would be an anonymous student, out of the shadow of my illustrious family...
...flirts a little too much with disco beats and is the sort of song that fans of the band may have feared would be produced by abandoning guitars in favor of keyboards. Fortunately, the closing duo, “Hysteric” and “Little Shadow,” ensure the album closes on a high. The former is surprisingly close in sound to the Yeah Yeah Yeahs’ career highlight “Maps,” offering a restrained but engaging tale of a relationship surviving on the brink. “Little Shadow?...
What's the best prognosis for autistic kids? For a seriously autistic kid, the best prognosis might be getting into a mainstream school without being too much of a shadow. For a moderately autistic kid the best prognosis is full recovery...