The future interest payments on the unwound
CDOs will continue to be paid to Legal & General until 2017/18.
The package should be prepared so that the parallel wound layers are unwound
when the lift-off point is moving backwards, and the interstitial cross wound layers are unwound
when the lift-off point is moving forwards.
The cylindrical package has radius c and the yam is being unwound
with velocity V.
Rato, the IMF's managing director, one has to wonder whether he will fare any better than did the Titanic's captain when some future inquest looks into how today's global imbalances unwound
The sheeting process starts with the positioning of the paper reel on the machine, to be unwound
ready for slitting and cross-cutting.
In the City, investors in BT were relieved the loss-making venture was being unwound
, and shares in the firm added 2p.
That its mistakes should be unwound
and losses incurred was never open to question.
Third, investors will want to know the impact of an unwound
euro on the business and the market segment.
As the rope is unwound
, say STOP when you think it has reached the length of your whale.