Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt.
Fannie Mae is owned by shareholders but operates under a federal charter that exempts it from paying state or local taxes. As a result, many professional investors think the government would repay the debt that Fannie Mae had issued if the company could not, although Fannie Mae explicitly says that its bonds do not carry a federal guarantee.
Bond is actually my dream role. Only because it was the film I watched with my grandfathers and father from a very young age, and it would be the only way that I could actually repay them with my art form for what they've done for me.
Could you let me have the 3 weeks due to me now and if I work again before August I must of course repay you at the rate of exchange you let me have it at now if you kindly will.
To my haters: I don't have anything to say to you; you can see how far I've gotten myself. To those who supported me: Thank you, and I will never stop trying to repay you for all of the things you do for me every day.