11. The Fields bill would allow brokerages to determine their own margin levels for institutional customers and allow securities firms to borrow against margin stock using any type of lender. 12. Then, buyout firms borrowed money, with help from the likes of the junk-bond merchant Drexel Burnham Lambert, to buy companies in distress. 13. There is also no information about how much money, if any, the firm borrowed to leverage its investment portfolio. 14. Through repurchase agreements, securities firms borrow money by using Treasuries as collateral. 15. She reasoned that listed and non-listed firms have borrowed foreign money heavily without hedging. 16. The problem has been exacerbated because many firms borrowed offshore, and the recent devaluation of the baht has consequently increased their debt burdens. 17. These firms also borrow to feed their financial activities. 18. It will also allow the approved firms to borrow money from government-affiliated financial institutions. |