However, it will improve the Federal Government's implicit balance sheet -- to the same degree, but in a different way.
Without Fannie and Freddie's implicit guarantee of government support (which turned out to be all too real), would the mortgage-backed securities market and the subprime part of it have expanded the way they did?
And you talked about the need for people to sort of move past their ideologies and embrace different points of view and be pragmatic and fact driven about the economy and there's an implicit criticism here of the U.S. that, you know, the U.S. should do this.
The problem with selling licenses for spectrum -- any kind of spectrum -- is that there's an implicit assumption that the investment a company's going to make into buying the airwaves and building out the infrastructure necessary to take advantage of it is eventually going to pay off.
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The regulator added it was concerned at Minogue's "implicit claims" the product could benefit those with a dairy intolerance.
While some observers believe the queen's signing of the Commonwealth Charter signals her implicit support for gay rights and women's equality, a Buckingham Palace official said the monarch is merely carrying out her official duties.
The institute's other criticism is the implicit assumption that because mankind came of age in the Holocene, therefore Holocene conditions are optimal for the species now.
The point is that Italy's bond yield - the implicit interest rate it pays - is unlikely to fall decisively below the catastrophically unaffordable 7% unless and until the eurozone demonstrates that there is a bailout facility (of some sort) that has sufficient resources to lend to Italy if investors refuse to do so.
In other words, Foreign Asset Protection Trusts do not rely on the U.S. courts finding that the laws of the foreign jurisdiction will apply, and in fact there is an implicit assumption that the U.S. courts will not make such a finding those trusts are designed to be effective even in the face of an adverse ruling by a U.S court.
Implicit in Bush's view was the understanding that the US's most stable allies - and indeed only stable allies - are fellow democracies.
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The reforms would also create a deposit-insurance scheme: at the moment only deposits at Sberbank, the country's biggest bank, enjoy an implicit guarantee, because it is owned by the state.
Wells's vision of the future, implicit all through his early work and partly set forth in Anticipations and A Modern Utopia, is most fully expressed in two books written in the early 'twenties, The Dream and Men Like Gods.
My client testified that the broker had told him Fannie's preferred stock was backed by an implicit government guaranty.
Therefore... but there's precious little therefore, since the implicit conflict, if there was one, didn't seem to bother her, or, indeed, dawn on her.
The government is not blaming FirstGroup, but implicit in the minister's statement is that FirstGroup's risk projections were either over-ambitious or just plain wrong.
Mr Krugman, who pioneered formal economic analysis of what causes currency crises, points out that Asia's banks and finance companies operated with implicit government guarantees.
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This autumn's bidding for votes has shaken the implicit consensus, shared by all the parties, that the growing number of pensioners would put up with an ever-dwindling basic state pension.
And what he's threatening to do, really the implicit threat, is that they would split the companies into two so that the safe portion, the municipal bond portion, would be one company, and the troubled portion would be another company, and of course the minute that happens, those troubled companies are basically doomed because it's the municipal bond part of the thing that's holding the whole apparatus up.
To a lot of people, it seemed like there was an implicit guarantee from the U.S. government.
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But, he said, the committee worried that if the companies remained too large, they would still be considered to carry an implicit backing from the U.S. government.
This is presumably what the rating agencies think: strip away the implicit government support and Moody's gives Japanese banks among the lowest grades possible.
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We reject the notion, implicit in much of today's debate, that higher tax rates on the wealthy are justified because of the finance industry's role in the crunch: retribution is a poor rationale for taxation.
The liquidity and trading in those older issues is so tiny that it doesn't give much guidance as to the potential cost for the government of borrowing substantial sums at what are known as ultra long maturities - but for what it's worth the 1932 war loan pays an implicit interest rate of 3.9% at its current price.
To put it another way, the implicit value of the Spanish government's existing debts would be reduced.
But the loss seems implicit rather than explicit: Schmidt's search engine firm held at 33%, keeping its customer base steady even as the overall market grew, the survey said.
By conventions that are implicit rather than formal, the U.S. has traditionally selected the head of the World Bank, and the IMF.
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