In addition, the special servicer's workout plan is unknown, although a sale of the property in the near term is unlikely due to the depressed market conditions.
Replacement with a multi-functional research reactor with radioisotope production as just one of its functions could, given the artificially depressed market price of radioisotopes, prove prohibitive.
They also covered the use of market value reductions, which are often applied if investors wish to cash in their policies during depressed market conditions.
So even for currently depressed markets, you will also find enormous prices being paid for the best examples at the top end, the so-called "masterpiece market".
Regulators conspired in the fiction that complex securities with depressed market value could be carried on the banks' books at or close to their nominal par value.
