special-purpose

The assets would be managed by what is known as a special-purpose vehicle, which would let investors remove the bonds from their balance sheets.

Greek Debt Talks Widen Stephen Fidler 2011

Trustee Kelley asserts that the eight affiliate companies, known as special-purpose entities SPEs, were shell companies and that all the funds invested in them were commingled in PCI and used to repay investors with so-called phantom profits.

StarTribune.com rss feed 2011

Under the terms of the deal, Saab Automobile signed a technology license agreement that transfers its Phoenix concept car technology to a special-purpose vehicle based in the Netherlands.

Unions Move For Saab Bankruptcy Christina Zander 2011

Instead of accepting losses on unsound investments—which would have led to the probable collapse and national bailout of some banks—it was decided to transfer the losses to taxpayers via loans, guarantees and opaque constructs such as the European Financial Stability Fund, Ireland's NAMA and a lineup of special-purpose vehicles that make Enron look simple.

Why I Won't Support More Bailouts Timo Soini 2011

The official said that Mr. Regling brought up the issue of a euro-zone special-purpose vehicle to buy bonds and raise funds for bank recapitalization, but he said Japan made no commitment toward the plan.

Japan to Keep Buying Euro Bailout Bonds Takashi Nakamichi 2011

It is centered on a newly created special-purpose vehicle that issues investors with credit-protection certificates backed by the European Financial Stability Facility, the temporary fund set up in the wake of Greece's bailout.

Calming Bond Markets Laura Stevens 2012

Last month, Goldman Sachs Group Inc. invested in Facebook, giving the company a valuation of $50 billion, and offered some of its clients a special-purpose vehicle to do the same.

A Have and Have-Not Venture World Pui-Wing Tam 2011

At stake is the collateral backing notes issued by a special-purpose vehicle called Topaz Finance to which Lehman served as a credit-default-swap counterparty with various investors, a structured finance arrangement known as a synthetic collateralized debt obligation, or CDO.

Lehman Sues BNY Over Role in Disputed Derivatives Deal Patrick Fitzgerald 2011

Gray D will create special-purpose entities specifically to guide planning and development of two of the city's largest projects, the city-owned east campus of St. Elizabeths hospital and Walter Reed Army Medical Center, according to a city official who spoke on the condition on anonymity because the mayor has not disclosed the plans yet.

DeMorning DeBonis: Feb. 28, 2011 2011

The second scheme is to create special-purpose investment vehicles, now hastily renamed with the less historically loaded title "co-investment funds", which would be leveraged with capital from foreign governments and other subordinated investors.

Euro-zone Crisis Defenses May Come Too Late Richard Barley 2011