Against a hyperinflationary backdrop, a multi-billion dollar loss of assets and revenue streams would represent a bridge-too-far for a despot who has brought his nation to ruin.
After years and years and years of underperformance running first all, then two-thirds of the fast-dwindling assets at U. S. Growth with nary a glimmer of hope, and the continued loss of billions of dollars of shareholder assets, Vanguard finally did what it should have done years ago fired the musical-chairs team of growth managers at AllianceBernstein.
That is the right of the corporation to claim a loss on the sale of its assets and get cash back from the government from a loss carryback.
And with the bank working hard raise capital through the sale of any non-core or loss-making assets, it was only a matter of time before the insurance division was targeted.
But he thinks the bank has squirreled away plenty of loss reserves, equal to 1.6% of assets, and has enough to absorb 25 years of current losses.
Nonetheless, they may have kept risk of loss from the nominally disposed assets, so that this retained exposure is not reflected on their balance sheets.
It appears that UMPQ is benefiting with a backdoor bailout given the acquisition of assets at a discount with the takeover of TBHS and loss sharing with the FDIC.
The hefty loss came after Mothercare wrote down the value of assets and took charges related to UK store closures.
Thus, the balance sheet looks like this: 850 of assets (after a 150 loss), 900 of liabilities in the form of borrowed money, and negative equity of 50.
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To do this, Britain's bank managers are attempting to draw a line under the scandals by reviewing strategies, ring-fencing their operations and disposing or unwinding of assets deemed as risky and loss-making.
And Nationwide's balance sheet, on paper at least, is stronger than that of any of the big banks, with loss-absorbing core capital equivalent to 12.5% of risk-weighted assets, 2.5 percentage points higher than the banks' capital ratios.
If the enemy had the benefit of similar capabilities (or the means to deny us some or all of these assets) that objective would have been achieved, if at all, with far greater loss of American lives.
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For example, swaps were created on Enron's balance sheet that would compensate the buyer of assets in the event of an unexpected loss.
Its ratio of assets (loans and investments) to loss-absorbing equity capital is a fraction over 20 times, down from 50 times in the autumn of 2008, when it was rescued from the brink by taxpayers.
In fleeing higher-risk assets these investors are trading in the possibility of loss for the certainty of eventual real-wealth losses in traditional fixed-income securities.
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The three are still in trouble: they made a combined loss of 196 billion won in the year to March 31st, on assets under management of 53 trillion won.
Olympus's net loss narrowed as a weaker yen boosted the value of its foreign-currency assets, though soft digital-camera sales still hurt its bottom line.
In my opinion the eight banks profiled above are candidates as FDIC consolidators to take on the assets of failed banks, and benefit from the FDIC loss-sharing arrangements.
The Bakries, backed by the independent non-executive directors, have offered to buy back Bumi Resources, leaving Bumi PLC with the Berau coal-mining assets in a deal that would leave shareholders with a loss of about 50% on their original investment.
Vivendi's gigantic loss for last year included a euro12.6 billion writedown in the value of assets bought during its acquisition binge.
Further monetary easing also helps gold since it adds to worries about inflation whenever an economic recovery takes hold, plus it means a low so-called opportunity cost, or the loss of interest earnings that investors might have gotten instead by holding yield-bearing assets.
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The inflated partnership interest is then sold at a loss and the phony loss is used to offset a real gain from the sale of appreciated stock or other assets.
But selling non-core assets and reducing loan loss risk and the reserves for potential losses was ostensibly part of their federal bailout deal.
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