Despite the high jinks and copious drinking (or perhaps because of it), their large brains came up with a way of reducing risks for bond buyers: a bilateral contract that, for a fee, enabled investors to pass on the risk of default to another party.
Hiregoudar, professor of political science at Karnataka University, said the win would be "a victory by default" for the Congress party.
And Mr Zedillo, party flag-bearer by default, turned against his self-exiled predecessor.
My second suggestion is to require banks to submit standardized credit information about their borrowers, as well as the associated default history, to an independent third party that could cleanse the data, ensure its anonymity and add it to a national database.
As a result, continued rhetoric and indications that either party might be willing to default on its debt will have the same effects as a real estate partnership that does the same: They will pay a higher interest rate and at some point if it continues long enough will have increasing difficulty borrowing money.
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If the Liberals do squeak back it will be by default, as Canada's only national party.
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The measure, as you know, that Senator McConnell has proposed would essentially turn authority for raising the debt ceiling -- for being the responsible party and not allowing the United States to default on its obligation -- over to the United States -- the President of the United States rather than the United States Congress, which has traditionally held that responsibility.
The US, led by the Republican Party, is itching for at least a partial default.
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By default, we have thus alienated the majority or more powerful party.
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In addition, the actions require servicers to establish robust oversight and controls pertaining to their third-party vendors, including outside legal counsel, that provide default management or foreclosure services.
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This is pushing Latinos away from the Republican Party, which they view as hostile to immigrants, and toward the Democrats by default.
Although most platforms will be open to third-party content, the ability to configure their phones to start up with their own portals as the default home article gives them a huge advantage.
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