Orix has sliced up leasing assets for itself and others and sold them off to investors.

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He believes GE has the resources to buy leasing assets in Japan and lock up the market.

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It is buying leasing assets, distressed debt and has also shown an interest in Long-Term Credit Bank.

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Then there was its Sempra commodity traders, and assets from its airliner leasing business to more than 900 pubs, plus the Priory Clinic.

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In a lawsuit filed in 2004 in Delaware shareholders accused him of overpaying himself and his son, leasing planes and helicopters from his family and using company assets to pay for a Paris apartment and children's tuition.

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It had dumped a bunch of oddball assets, including an olive farm in South America, a jet-leasing business and a ski resort, but with six CEOs in eight years (Wood was the potential lucky number seven), Dana remained adrift, a 108-year-old company in search of a new beginning.

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