Sentences with phrase «auction rate preferred»

5) Auction rate preferred securities — when I was younger, I wondered how they worked.

4) Many are crying over auction rate preferred securities.

But most of the assets that were harmed were owned by corporations, who had investment professionals that chose auction rate preferred securities because they yielded significantly more than money market funds, but with seemingly little risk, and the system worked for around 20 years.

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised on a convertible security.

The convertible auction rate preferred stock has its dividends rates reset by Dutch auction and usually...

Those were the warnings — from the recent financial crisis we had Bear Stearns, the failures in short - term lending (SIVs, auction rate preferreds, ABCP, etc.), Bank of America, Citigroup, credit problems at subprime lenders, etc..

No, when they failed, those that relied on the implicit idea that «auction rate preferreds are a safe reliable way to earn extra money in the short run» got hosed.

In this case, auction rate preferreds internalized the mismatch, subject to auction failure, which never happens, right?

Not exact matches

The creditworthiness of auction - rate preferred shares is a reflection of the assets in the investment company.

Auction - rate preferreds — a stable business for so long, but when creditworthiness became a question, the whole thing fell apart.