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Düsseldorf
[doos-uhl-dawrf, dys-uhl-daw
noun
a port in and the capital of North Rhine–Westphalia, in W Germany, on the Rhine.
Düsseldorf
/ ˈdysəldɔrf, ˈdʊsəlˌdɔːf /
noun
an industrial city in W Germany, capital of North Rhine-Westphalia, on the Rhine: commercial centre of the Rhine-Ruhr industrial area. Pop: 572 511 (2003 est)
Example Sentences
The tall twosome — reportedly 5-foot-10 — was discovered three years later while dancing in Düsseldorf in 1955, by the director of Paris’ Lido cabaret, according to German news agency DPA International.
"These drugs have the potential to bring about substantial weight loss, particularly in the first year," says Juan Franco, co-lead researcher from Heinrich Heine University Düsseldorf, Germany.
Lippmann brimmed with fascinating details: the historical behavior of the American homeowner; the idiocy and corruption of the rating agencies, Moody’s and S&P, who stuck a triple-B rating on subprime bonds that went bad when losses in the underlying pools of home loans reached just 8 percent; the widespread fraud in the mortgage market; the folly of subprime mortgage investors, some large number of whom seemed to live in Düsseldorf, Germany.
It didn’t matter whether Düsseldorf was buying actual cash subprime mortgage bonds or selling credit default swaps on those same mortgage bonds, as they amounted to one and the same thing: the long side of the bet.
There were a few other messy details—some of the lead was sold off directly to German investors in Düsseldorf—but when the dust settled, Goldman Sachs had taken roughly 2 percent off the top, risk-free, and booked all the profit up front.
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