Traditionally, commercial banks used short-term deposits to finance relatively short-term working capital.
And he co-founded SoFi (short for Social Finance) to exploit that inefficiency profitably.
Targets for short sales included mortgage finance companies, specialty finance companies and regional, national and global banks.
It used the RBI as a piggy bank, forcing it to print money to finance its short-term needs.
First, existing models of short-term trade finance for producer groups can be replicated and scaled, while encouraging commercial banks to follow.
While online pawning continues to be a relatively new option for business customers, a growing number of small businesses are finding it to be a good way to finance their short-term financing needs.
This creates a lag between incurring costs and receiving revenues, a gap bridged by short-term trade-finance loans.
The higher growth would make it easy to finance the higher short-term deficits that non-revenue-neutral tax reform would produce.
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Dexia, which used short-term funding to finance long-term lending, found credit drying up as the euro zone debt crisis worsened.
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This has come as a huge relief to chief financial officers, who barely a year ago were having to make do without a fully functioning market for commercial paper (short-term loans to finance operating expenses).
This week, the German Finance Ministry outlawed naked short-selling of European government bonds, credit default swaps and some stocks.
Its reserves depleted, Cuba has recently been forced to finance critical imports through short-term loans at double-digit interest rates.
With barely enough cash in its coffers to pay pensions and public-sector salaries at the end of August, the finance ministry may raise short-term funds by selling extra treasury bills to the banks, squeezing cash-strapped local companies even harder.
When crisis struck, the bank was stuffed with smart economists but short of folk with a feel for finance.
Another is the need for European banks to slim their balance-sheets: trade finance, because of its short-term nature, is easy to prune.
The bank relies on the idea that there will be a continual stream of those short term deposits with which it can finance those much longer loans.
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The usual approach is to conduct reverse-repurchase agreements, borrowing from one of its 16 primary dealers for short periods of time in order to finance the assets on its balance-sheet.
Deposits are still too short-term to allow banks to finance many property loans of 15 years or more, and finance is still too expensive for the mass of poor Brazilians who need it most.
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Right now, interest rates are at historic lows, so we can finance essentially unlimited borrowing in the short term.
France's short-lived boomlet owed something to its finance minister, Nicolas Sarkozy.
In my view, this victory for consumer finance companies is likely to have a short shelf life.
Sceptics note that a large chunk of the increase is accounted for by short-term bills rather than new lending to finance spending.
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Other measures discussed, such as introducing a car-scrapping subsidy, supporting workers on short time and improving car companies' access to finance, have reached no conclusion.
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"If the equity in the house is sufficiently negative, there may be an incentive for the household to engage in a short sale, " says Anthony Sander, a finance professor at Arizona State University.
The projections of IMF economists - that Greece may get its debt down to 129% by 2020, by running a surplus of tax receipts over spending in the short term - looks to most people in high finance like wishful thinking.
Instead, such lenders should focus on short-term, documented trade transactions and classic project finance.
South Korea's senior financial officials admit they are short of contacts among New York's titans of finance.
Although the firm is not short of cash, it wants to be able to finance acquisitions with its equity.
But with next year's elections ringing in his ears, commentators say it seems likely Finance Minister Simba Makoni may find himself putting short term political gains before the prudent management of the ailing economy.
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