The British government’s so-called money transfers prop up its poorer regions, keeping them from the kind of collapse suffered in euro zone nations like Greece.
cushionsThe Wales Economy Slips, but London Cushions the FallNYT > Business Fri, 01/27/2012 - 13:31
The British government’s so-called money transfers prop up its poorer regions, keeping them from the kind of collapse suffered in euro zone nations like Greece. White House to Propose Big Reserves at BanksNYT > Business Wed, 09/02/2009 - 20:33
Bankers oppose a buildup in capital cushions because it reduces the amount of money available for investing, and therefore eats into profits. FASB tightens off-balance-sheet loan rulesNewsvine - business Mon, 05/18/2009 - 10:37
The board that sets U.S. accounting standards on Monday moved to end companies' use of a device that allowed them to park hundreds of billions of dollars in loans off their balance sheets without capital cushions and has been blamed for helping stoke banks' losses in the housing boom. |