0 a financial asset (= something a person or company owns) whose price has fallen by a large amount and that cannot be easily sold -- (价格大幅下跌,不易转售的金融资产)有毒资产
Removing toxic assets would also reduce the upward volatility of banks' stock prices.
To use an analogy, it is the upstream problem of homeowners defaulting that creates toxic assets and banking insolvency downstream.
Removing toxic assets would also reduce the volatility of banks' stock prices.
When the market for toxic assets ceases to function, it is described as frozen.
Goldman sold their own toxic assets to their clients, then proceeded to bet against them, without ever notifying anyone about their conflict of interest.
I wanted to make the point that it is too early to say who will go bankrupt, because nobody knows who the end-investors in the toxic assets are.
Topics covered include credit default swaps, collateralized debt obligations, toxic assets and write-downs.
He intended to direct $50 billion towards foreclosure mitigation and use the rest to help fund private investors to buy toxic assets from banks.