Some Republican senators have been concerned that an expansion of the FHA would simply transfer risk from the private sector to the government.
Transfer risk by outsourcing internal operations to highly qualified and specialized third parties with a vested and monetary interest in getting it right the first time.
FORBES: Risk It All: How to Master Fear and Manage Small Business Risks
The business model did transfer risk away from the taxpayer, the MPs said, with firms only getting the bulk of their fee if someone remained in a job for a set period of time.
Was there a genuine transfer of risk from General Re to AIG?
The Treasury is understandably suspicious of cosmetic wheezes that add to public borrowing without any transfer of risk to the private sector.
The government argues that the higher costs of private borrowing are outweighed by the transfer of risk, preventing expensive construction overruns and maintenance bills.
So, in a sense, the downgrades should be viewed as a good thing, if they reflect a genuine transfer of risk from taxpayers to the banks' creditors.
Under accounting rules, Enron's treatment of these transactions probably would have been acceptable if they involved a genuine transfer of risk to a third party (ie one independent of Enron).
Far from the farmer bearing the heartache of a colt dying in his arms or poor weather wiping out a crop, he has somehow managed to transfer the risk to you.
FORBES: Chrysler, and The Most Acclaimed Super Bowl Ad Of All Time? Here's the Rest of the Story
Treasury officials are still, however, sceptical of Mr Prescott's leasing plan on the grounds that it involves no real transfer of risk to the private sector and breaks public borrowing rules.
Interestingly, the finance ministers of several important U.S. allies (notably the United Kingdom and the Netherlands) object to such a transfer of risk to governments and taxpayers (including through the IMF and World Bank) that is a feature of the Brady Debt Reduction Plan for developing countries.
Except that if Bankia has really been strengthened by this financial engineering, then there would have to be a very significant transfer of risk to the European Central Bank - and therefore, by implication, to its shareholders, or the other central banks and taxpayers of the eurozone.
In practice, all tranches were guaranteed by Allianz Risk Transfer, part of Allianz, a German insurer.
ECONOMIST: Using alchemy to turn high-risk equity into bonds
While no charges have been filed, the case against Hank Greenberg hangs on the actuarial concept of risk transfer.
Nuclear is massively subsidized through a risk transfer from shareholders to ratepayers.
These range from planting mangroves to increase water catchments in high flood regions to providing low-cost risk transfer methods to farmers in developing countries.
CNN: Risky business: insuring countries against climate catastrophe
If there was no risk transfer at all, then the transaction should have been booked as a loan, not as reinsurance (see box, p. 90).
His Air Traffic Control report cites a Centre for Asia Pacific Aviation study, which asserted that privatization would transfer and spread risk, while introducing more efficiencies into the system.
The government argued, and Mr Fastow confirmed, that many of the transactions appeared to involve a risk transfer but in fact did not, as Enron had made secret promises to third parties guaranteeing they would lose no money.
Spokesman Darren Dopp noted that the dropped charges were wholly unrelated to, and less serious than, the core charge of fraud that it had filed against Greenberg and Smith, mainly on the basis of risk transfer transactions with General Reinsurance , or GenRe, that allegedly misstated AIG's financial health to its shareholders.
CVRs can transfer much of the risk normally borne by acquirers to the shareholders in the target corporation.
FORBES: Shadowy Shares: The Dark Side of Contingent Value Rights
Wait until a creditor comes calling and there is a greater risk a transfer will be invalidated as fraudulent.
The second, bigger, error that the Army has made is to try to transfer much of the program risk to industry.
Under the Ministry of Justice's (MoJ) proposals, responsibility for monitoring about 200, 000 medium and low-risk offenders will transfer to the private sector.
But under the Ministry of Justice's (MoJ) proposals, responsibility for monitoring some 200, 000 medium- and low-risk offenders will transfer to the private sector.
Maybe the free market will correct for the wages too since the big-box stores eventually also have to sell the items to the very people they employ, but the bigger risk is the transfer of control from many to a select few, which leads to its own risks in terms of productivity and wealth creation.
Mr. PATRICK JOST (Risk Global): Like any money transfer mechanism, hawala can be abused.
However, there was evidence of risk management procedures being improved and patient transfer rates were found to be appropriate.
Congressional Democrats largely agreed that the detainees represent a potential risk and have blocked any new funds to transfer Guantanamo detainees to the United States.
CNN: Justice Dept. asks Supreme Court to reject Uighurs' appeal
He added that the club are "content with its position regarding first-team squad contracts" and that there is no risk of a senior player leaving on a free transfer in January or the summer.
应用推荐