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nonproducing

    0.01 sec.
See: barren


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Andrew Beal owned a bank that was in the business of acquiring nonproducing loans (NPLs) at extreme discounts.
According to the Dallas Morning News, the indictment said the men knowingly sold interests in nonproducing wells and failed to inform investors that they "had used funds contributed by previous purchases of interests in oil and gas well drilling programs to purchase boats, vehicles, jewelry, real property .
Kotlikoff's proposed remedy is immediate privatization - turning what is falsely labeled ``insurance'' into worker-owned real pension assets whose market value would fully reflect the increased national productive capacity needed to support a growing nonproducing retired population.
 
 
 
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