Word: sells
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...often just a teaser for the "unrated" DVD, like a hardcover book that implicitly promises a smuttier paperback. It's as if, back in the '50s, the hardcover edition of Lady Chatterley's Lover was censored, but the paperback had all the naughty bits. Wal-Mart won't sell NC-17 movies, but they readily peddle the gross-out versions of comedies that were originally rated...
...largely overlooked is what the bailout would really cost the banks. Yes, banks would get cash for loans they can't sell without government assistance. But these same banks would also be forced to book a large accounting loss on the sale of the loans, further eroding common equity-a key measure watched by stockholders...
...other debt. That suggests banks could lose up to $210 billion on those sales alone (see chart below). Citigroup, for example, has about $200 billion in residential U.S. real estate loans. Goldman estimates that Citigroup values those loans on its books at about $0.94. If it were to sell half of its mortgage loans, Citigroup would lose an estimated $23 billion, about 15% of the total capital the banks had back...
...economic-research institute, suggests that the banks sell the toxic assets to the federal government at no charge. In exchange, the government would then provide the banks with equity by taking stakes in banks that participate. The toxic assets would be placed in a state-owned bad bank and sold back to the banks at a later date when a market for such assets reemerges. "This ensures that the shareholders and not the taxpayers have to bear the initial costs of the failure," says Dorothea Schäfer, DIW head of research...
...talked a bit about commercial dog-breeding and puppy mills. If you walk into a pet store, what is the chance that you're going to encounter dogs from a puppy mill? Very high. Reputable breeders wont sell to pet stores. The thing to remember is that puppy mills aren't illegal. The term refers to mass breeding facilities and that is perfectly legal. Mass breeders typically sell to pet stores...