Word: solding
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...Building the securities which were sold as mortgage-backed financial products was complex. Financial firms had to buy large pools of existing mortgages and develop mathematical models for the cash flows they would produce well into the future as homeowners made their monthly payments. These pools were cut into tranches with each tranche carrying a probability of how many mortgages in it would pay out to maturity and how many would fail. After these calculations were made, they were sold to banks, brokerage firms, and other financial institutions as high-yield paper. The major credit agencies gave these securities...
That number will be a shocking drop. In 2006, 16.56 million vehicles were sold in the US. That number dropped to 16.15 million in 2007 and 13.2 million last year...
...What They're Buying In Detroit: The Detroit hatmaker who created Aretha Franklin's Inauguration Day church hat has sold out of the style and says it will be at least a month before he can order more fabric for the chapeau, adorned with Swarovski crystals and an enormous bow. Mr. Song's Millinery has received thousands of orders for the $500 handcrafted hat; the company also offers a similar version...
Since it was published in early 2008, the book has earned both critical and popular acclaim. It was billed as “extraordinary” and “profoundly moving” by The New York Times Book Review’s Geoffrey C. Ward. It also sold about 40,000 copies in its first five months in print, the highest circulation of any of Faust’s books to date...
Because the company has sold 3.5 million guides to date, PGW sees Let’s Go as a valuable asset...