Hodges resulted in a 5-4 decision ruling that states cannot prohibit same-sex couples from marrying and must recognize their unions. After groups of same-sex couples came forward to sue their respective state agencies for bans on or refusal to acknowledge same-sex marriage, the U.S. Supreme ...
Hodges resulted in a 5-4 decision ruling that states cannot prohibit same-sex couples from marrying and must recognize their unions. After groups of same-sex couples came forward to sue their respective state agencies for bans on or refusal to acknowledge same-sex marriage, the U.S. Supreme ...
First, the banks will have a basis for valuing those assets and will not have to use fire-sale prices. Their capital will not be unreasonably marked down." See Jessica Holzer, Bailout May Aid Bank Balance Sheets, THE WALL STREET JOURNAL (Sept. 24, 2008); Vikas Bajaj, Rescue Plan's ...
That said, leverage does have a dark side. If property values drop, as they did during the last recession, leverage works in the opposite direction. The wave of foreclosures that hit during the recession was largely due to people owing more on their homes than they were worth. The Case Ag...