When the Fed created the cash to purchase those assets, it created it out of nothing.
Meanwhile, the rural employment guarantee has distorted the labor market and bred corruption at the grassroots, even as few durable assets are created.
In addition, "a high-level authority will be created to monitor the assets and interests of ministers, members of parliament, top elected officials", he said.
As with a remainder trust, the IRS takes a snapshot of the deal when it's created, assumes the assets will earn a set rate of return--now just 7.2% --and taxes the assets being passed to heirs based on that.
Trends toward increased allocations to alternative assets have created a danger that institutions may actually be spending too little on endowment oversight, rather than too much, since there is a wide dispersion on manager returns, and added resources are required for proper due diligence and oversight of these investments.
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The QE programme, which involves feeding money into the economy by buying up assets with newly created money, began in March last year.
For a start, the devaluation of the rouble has created a huge mismatch between assets (such as they are), mostly in roubles, and liabilities, which are often dollar-denominated.
One little problem, for the many sukuks created in London but involving assets in the Gulf, is that it's not clear, in the case of a bankruptcy, which country's laws would apply.
The Ministry of Communications is privatising the state's telecommunications assets and has created Afghan Telecom, which may now start to reduce the high cost of calls (around 15 cents a minute) offered by the still partly state-owned Afghan Wireless and Roshan, which is owned by the Aga Khan.
Virtualization and the cloud had caused an explosion in the number of assets that are being created.
Thousands of jobs could be created from Northern Ireland's historic assets, according to the environment minister.
Seeking expansion, he created Cinnovation through which he acquired overseas assets.
The decline in the stock and real estate markets created further built-in discounts for many assets.
Those who sold their bonds to the government got newly created money with which to buy other risk assets.
In recent weeks, talk of a government-created "bad bank" to absorb troubled assets resurfaced as a solution, as did a government insurance program to guarantee assets.
The family trust created by Jackson to receive all of his assets includes his mother, his children and a list of charities, according to a person with direct knowledge of the contents of the trust.
More reassuring to Spanish taxpayers is Maiden Lane, a vehicle created by the New York Federal Reserve to house assets owned by Bear Stearns and AIG that have turned out to be less toxic than expected.
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The Coastal Communities Fund was created in 2012 with money from the Crown Estates marine assets.
Indeed when Wachovia, America's fourth-largest commercial bank by assets, was rescued this week, the FDIC created a structure that protected all deposits.
The bank continues to wind down Citi Holdings, the entity created after the mortgage collapse where the bank has isolated its toxic assets.
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Unlike the West or even places like the Middle East, though, much of the new wealth being created in Asia is emerging in countries where rich people see their assets at risk, either because of unreliable governments or unloved ones.
For example, swaps were created on Enron's balance sheet that would compensate the buyer of assets in the event of an unexpected loss.
This has created a global system that is deeply distorted, where those holding financial assets like stocks and bonds have been rewarded, but where the average American, for example, lives in a world of labor uncertainty and recession-level unemployment rates.
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Or, at a time of economic stagnation in much of the rich West, you might ask yourself why all that cheap money created by central banks seems to have pumped up the price of financial assets to a disturbing extent, while doing little to stimulate job creation.
It has created many lending programmes since August 2007 to help banks finance holdings of illiquid assets and so avoid fire sales.
Information describing employment, income and assets are tendered during a telephone interview, an electronic file is created, a credit report is secured and an algorithm delivers an automated underwriting decision.
The RTS was created and did a wonderful job of collecting and returning through sales, the various assets of closed banks.
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There is no way to confirm that contention, however, until such an alternative capability has been created using nuclear tests to validate the sophisticated models and data derived from these new SSP assets and to establish that the training provided for the next generation of scientists is adequate to assure the safety, security and reliability of the stockpile.
Powershares Build America Bond Porfolio ETF ( BAB) normally invests at least 80% of its total assets in taxable municipal securities eligible to participate in the Build America Bond program created under the American Recovery and Reinvestment Act of 2009 or other legislation providing for the issuance of taxable municipal securities on which the issuer receives federal support of the interest paid.
The increase in margins is supported by increase in premiums due to the implementation of the new variable annuity products and increase in fee income due to increases in average assets under management resulting from improvements in equity markets and increased deposit activity as equity market improvements created an environment where investors were willing to re-enter the capital markets.
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