counterparty

But like a melting ice cube, the bank's franchise value would rapidly shrink as depositors, counterparties and staff all left.

How much money has gone to counterparties since the company's collapse?

And he suggested he could have got a better deal in negotiations with derivatives counterparties if he'd been allowed to stay on.

They were all consenting counterparties operating in a sophisticated market.

It would also have made them more likely to call in collateral from other counterparties.

The collateral posted by these counterparties is now tied up in the Lehman bankruptcy.

The cash flows that the counterparties make are generally tied to the value of debt instruments or to the value of foreign currencies.

It's not as though they were out of place. Their counterparties on the other side of the table are known for their acquisitive tendencies.

Potential counterparties to contracts with the company had started to regard it as too risky, Mr Penn said.

Net settlement: the settlement of a number of obligations or transfers between or among counterparties on a net basis.

By the time investors and counterparties began abandoning the company in 2000, she says, the die was already cast.

Most of its brokerage business went through central counterparties, so providing additional safeguards for customers.

Only fear will spur investors to price risks better and get them to put more effort into monitoring their counterparties.

Mr Kerviel cleverly concealed the bets he was making with a series of offsetting transactions with fictional counterparties.

Dealers would have to clear derivatives contracts through central counterparties so they could be monitored.

Sceptical customers and counterparties would still need to be convinced to deal with the new company.

Congressional critics have argued that the New York Federal Reserve should have demanded a discount from the counterparties.

Among those bailouts, critics argue, was the Fed's funneling of cash to AIG counterparties.

If you seek to limit global financial risk, it is sensible not to make any distinction between counterparties on the grounds of nationality.

During the market's heyday, counterparties willing to go short were two a penny.

Other counterparties of banks and other systemically important financial institutions also benefit from implicit default guarantees.

Credit market systems and their degree of leverage and liquidity are rooted in trust in the solvency of counterparties.

'These cash payments to [credit-default-swap] counterparties should never have occurred, ' Mr. Greenberg said.

That shook the prime brokerage industry, as funds scrambled to unwind trades with the riskiest counterparties.

Bear Stearns has also received calls from concerned counterparties seeking reassurance.

And this begs an interesting question: namely how might these Chinese counterparties react if their trades turned sour?

"Too big to fail" policies mean that the large banks can raise money more cheaply because everyone knows they are safe counterparties.

Lehman's demise accelerated a review of counterparties by rating agency Fitch, which expects to launch new draft criteria by October.

Their numbers of counterparties are often mind-boggling.

It deals mainly with large corporate counterparties, not individual investors.

No one is sure who owns what, so investors are treating all counterparties with suspicion.

The Fed is leading the negotiations, and most of AIG's counterparties have been contacted.

The public fail to notice much differences beween local products and their western counterparties'.

The SEC drafted letters to two of the alleged counterparties on the list but never sent them.

And this will depend on a bank's size, complexity and numbers of market counterparties.

Counterparties would presumably charge more in future to offset the risk of being stiffed.

"You will have created an automatic list of preferred counterparties, " says one bank boss.

Because "we are not fools. We bank on the self-interest of our counterparties in trade" .

If counterparties pay up, CDSs are a zero-sum game: what the seller loses, the buyer gains.

System designs that rely on central counterparties are one example.

Apple is too much like its Chinese counterparties.

The asset sales are small change compared to the $100 billion plus paid to AIG's counterparties.

The people who created this kind of stuff distrust both the instruments and their counterparties.

Specifically, in the UK hedge funds typically trade via swaps with counterparties such as investment banks to avoid the transaction tax.

Pressure is growing on the banks to deal sensibly with their trading counterparties.

If a "death panel" seeks to unwind a bank it will induce, not prevent, panic among its counterparties and creditors.

Other phenomena such as contagion or the epidemic spreading of insolvency through counterparties are less well understood.

This is a powerful incentive to use non-banks as counterparties.

The first step has been to encourage Lehman's counterparties to get together and try to net out as many contracts as possible.