Phrase by 'Roger Altman'
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If a lending institution is faced with bids for a package of toxic assets that are less than the carrying value of those assets, the sale of those assets would trigger a further loss and reduce the underlying capital of the institution.
Author: Roger Altman - American BusinessmanValue , Than , Loss , Toxic
The idea that America, whose oil production has been declining for the past 40 years, is now on track to become the world's biggest producer by 2015 is still hard to grasp.
Author: Roger Altman - American BusinessmanWorld , Past , America , Hard
Safer cities generally mean stronger urban economies.
Author: Roger Altman - American BusinessmanMean , Cities , Stronger , Urban
Housing works like a trampoline. When it is pushed down far enough and long enough, it will eventually snap upward very powerfully.
Author: Roger Altman - American BusinessmanLong , Will , Down , Enough
Cheap natural gas is a big stimulus to petrochemical production and a meaningful one for all U.S. manufacturing.
Author: Roger Altman - American BusinessmanCheap , Big , Natural , Manufacturing
Within a few months in 2008, household finances were crushed as asset values fell, millions of jobs were lost, countless credit cards were canceled, and thousands of homes were foreclosed on.
Author: Roger Altman - American BusinessmanValues , Lost , Cards , Credit