id	sid	tid	token	lemma	pos
cblr-2902	1	1	leveraged	leverage	VERB
cblr-2902	1	2	buyout	buyout	NOUN
cblr-2902	1	3	bankruptcies	bankruptcy	NOUN
cblr-2902	1	4	,	,	PUNCT
cblr-2902	1	5	the	the	DET
cblr-2902	1	6	problem	problem	NOUN
cblr-2902	1	7	of	of	ADP
cblr-2902	1	8	hindsight	hindsight	ADJ
cblr-2902	1	9	bias	bias	NOUN
cblr-2902	1	10	,	,	PUNCT
cblr-2902	1	11	and	and	CCONJ
cblr-2902	1	12	the	the	DET
cblr-2902	1	13	credit	credit	NOUN
cblr-2902	1	14	default	default	NOUN
cblr-2902	1	15	swap	swap	NOUN
cblr-2902	1	16	solution	solution	NOUN
cblr-2902	1	17	leveraged	leverage	VERB
cblr-2902	1	18	buyout	buyout	NOUN
cblr-2902	1	19	bankruptcies	bankruptcy	NOUN
cblr-2902	1	20	,	,	PUNCT
cblr-2902	1	21	the	the	DET
cblr-2902	1	22	problem	problem	NOUN
cblr-2902	1	23	of	of	ADP
cblr-2902	1	24	hindsight	hindsight	ADJ
cblr-2902	1	25	bias	bias	NOUN
cblr-2902	1	26	,	,	PUNCT
cblr-2902	1	27	and	and	CCONJ
cblr-2902	1	28	the	the	DET
cblr-2902	1	29	credit	credit	NOUN
cblr-2902	1	30	default	default	NOUN
cblr-2902	1	31	swap	swap	NOUN
cblr-2902	1	32	solution	solution	NOUN
cblr-2902	1	33	michael	michael	PROPN
cblr-2902	1	34	simkovic	simkovic	PROPN
cblr-2902	1	35	benjamin	benjamin	PROPN
cblr-2902	1	36	s.	s.	PROPN
cblr-2902	1	37	kaminetzky	kaminetzky	PROPN
cblr-2902	1	38	*	*	PUNCT
cblr-2902	1	39	i.	i.	PROPN
cblr-2902	1	40	introduction	introduction	NOUN
cblr-2902	1	41	and	and	CCONJ
cblr-2902	1	42	background	background	NOUN
cblr-2902	1	43	............	............	PUNCT
cblr-2902	1	44	.......	.......	PUNCT
cblr-2902	2	1	121	121	NUM
cblr-2902	2	2	ii	ii	NOUN
cblr-2902	2	3	.	.	PUNCT
cblr-2902	3	1	hundreds	hundred	NOUN
cblr-2902	3	2	of	of	ADP
cblr-2902	3	3	billions	billion	NOUN
cblr-2902	3	4	of	of	ADP
cblr-2902	3	5	dollars	dollar	NOUN
cblr-2902	3	6	are	be	AUX
cblr-2902	3	7	at	at	ADP
cblr-2902	3	8	stake	stake	NOUN
cblr-2902	3	9	in	in	ADP
cblr-2902	3	10	the	the	DET
cblr-2902	3	11	coming	come	VERB
cblr-2902	3	12	wave	wave	NOUN
cblr-2902	3	13	of	of	ADP
cblr-2902	3	14	fraudulent	fraudulent	ADJ
cblr-2902	3	15	transfer	transfer	NOUN
cblr-2902	3	16	litigation	litigation	NOUN
cblr-2902	3	17	.....	.....	PUNCT
cblr-2902	3	18	126	126	NUM
cblr-2902	3	19	iii	iii	NOUN
cblr-2902	3	20	.	.	PUNCT
cblr-2902	4	1	recent	recent	ADJ
cblr-2902	4	2	judicial	judicial	ADJ
cblr-2902	4	3	decisions	decision	NOUN
cblr-2902	4	4	can	can	AUX
cblr-2902	4	5	make	make	VERB
cblr-2902	4	6	fraudulent	fraudulent	ADJ
cblr-2902	4	7	transfer	transfer	NOUN
cblr-2902	4	8	law	law	NOUN
cblr-2902	4	9	fairer	fair	ADJ
cblr-2902	4	10	and	and	CCONJ
cblr-2902	4	11	more	more	ADV
cblr-2902	4	12	efficient	efficient	ADJ
cblr-2902	4	13	through	through	ADP
cblr-2902	4	14	the	the	DET
cblr-2902	4	15	use	use	NOUN
cblr-2902	4	16	of	of	ADP
cblr-2902	4	17	financial	financial	ADJ
cblr-2902	4	18	market	market	NOUN
cblr-2902	4	19	prices	price	NOUN
cblr-2902	4	20	...	...	PUNCT
cblr-2902	4	21	............	............	PUNCT
cblr-2902	5	1	132	132	NUM
cblr-2902	5	2	a.	a.	NOUN
cblr-2902	5	3	as	as	SCONJ
cblr-2902	5	4	fraudulent	fraudulent	ADJ
cblr-2902	5	5	transfer	transfer	NOUN
cblr-2902	5	6	law	law	NOUN
cblr-2902	5	7	developed	develop	VERB
cblr-2902	5	8	,	,	PUNCT
cblr-2902	5	9	it	it	PRON
cblr-2902	5	10	became	become	VERB
cblr-2902	5	11	a	a	DET
cblr-2902	5	12	tool	tool	NOUN
cblr-2902	5	13	used	use	VERB
cblr-2902	5	14	by	by	ADP
cblr-2902	5	15	courts	court	NOUN
cblr-2902	5	16	to	to	PART
cblr-2902	5	17	limit	limit	VERB
cblr-2902	5	18	risk	risk	NOUN
cblr-2902	5	19	taking	taking	NOUN
cblr-2902	5	20	...............................	...............................	PUNCT
cblr-2902	5	21	135	135	NUM
cblr-2902	5	22	b.	b.	X
cblr-2902	5	23	the	the	DET
cblr-2902	5	24	badges	badge	NOUN
cblr-2902	5	25	of	of	ADP
cblr-2902	5	26	fraud	fraud	NOUN
cblr-2902	5	27	system	system	NOUN
cblr-2902	5	28	was	be	AUX
cblr-2902	5	29	plagued	plague	VERB
cblr-2902	5	30	by	by	ADP
cblr-2902	5	31	inconsistency	inconsistency	NOUN
cblr-2902	5	32	and	and	CCONJ
cblr-2902	5	33	uncertainty	uncertainty	NOUN
cblr-2902	5	34	.................	.................	PUNCT
cblr-2902	5	35	137	137	NUM
cblr-2902	5	36	c.	c.	PROPN
cblr-2902	5	37	constructive	constructive	PROPN
cblr-2902	5	38	fraud	fraud	PROPN
cblr-2902	5	39	reformed	reform	VERB
cblr-2902	5	40	badges	badge	NOUN
cblr-2902	5	41	of	of	ADP
cblr-2902	5	42	fraud	fraud	NOUN
cblr-2902	5	43	by	by	ADP
cblr-2902	5	44	emphasizing	emphasize	VERB
cblr-2902	5	45	economics	economic	NOUN
cblr-2902	5	46	over	over	ADP
cblr-2902	5	47	intent	intent	NOUN
cblr-2902	5	48	.............	.............	PUNCT
cblr-2902	5	49	139	139	NUM
cblr-2902	5	50	d.	d.	PROPN
cblr-2902	5	51	dependence	dependence	NOUN
cblr-2902	5	52	on	on	ADP
cblr-2902	5	53	financial	financial	ADJ
cblr-2902	5	54	experts	expert	NOUN
cblr-2902	5	55	increased	increase	VERB
cblr-2902	5	56	costs	cost	NOUN
cblr-2902	5	57	and	and	CCONJ
cblr-2902	5	58	arbitrariness	arbitrariness	NOUN
cblr-2902	5	59	..................	..................	PUNCT
cblr-2902	6	1	141	141	NUM
cblr-2902	6	2	*	*	PUNCT
cblr-2902	6	3	michael	michael	PROPN
cblr-2902	6	4	simkovic	simkovic	PROPN
cblr-2902	6	5	is	be	AUX
cblr-2902	6	6	a	a	DET
cblr-2902	6	7	professor	professor	NOUN
cblr-2902	6	8	of	of	ADP
cblr-2902	6	9	law	law	NOUN
cblr-2902	6	10	at	at	ADP
cblr-2902	6	11	seton	seton	PROPN
cblr-2902	6	12	hall	hall	PROPN
cblr-2902	6	13	law	law	PROPN
cblr-2902	6	14	school	school	NOUN
cblr-2902	6	15	.	.	PUNCT
cblr-2902	7	1	benjamin	benjamin	PROPN
cblr-2902	7	2	s.	s.	PROPN
cblr-2902	7	3	kaminetzky	kaminetzky	PROPN
cblr-2902	7	4	is	be	AUX
cblr-2902	7	5	a	a	DET
cblr-2902	7	6	partner	partner	NOUN
cblr-2902	7	7	at	at	ADP
cblr-2902	7	8	davis	davis	PROPN
cblr-2902	7	9	polk	polk	PROPN
cblr-2902	7	10	&	&	CCONJ
cblr-2902	7	11	wardwell	wardwell	PROPN
cblr-2902	7	12	llp	llp	PROPN
cblr-2902	7	13	.	.	PUNCT
cblr-2902	8	1	the	the	DET
cblr-2902	8	2	authors	author	NOUN
cblr-2902	8	3	thank	thank	VERB
cblr-2902	8	4	professors	professor	NOUN
cblr-2902	8	5	douglas	douglas	PROPN
cblr-2902	8	6	g.	g.	PROPN
cblr-2902	8	7	baird	baird	PROPN
cblr-2902	8	8	,	,	PUNCT
cblr-2902	8	9	jeffrey	jeffrey	PROPN
cblr-2902	8	10	n.	n.	PROPN
cblr-2902	8	11	gordon	gordon	PROPN
cblr-2902	8	12	,	,	PUNCT
cblr-2902	8	13	michael	michael	PROPN
cblr-2902	8	14	a.	a.	PROPN
cblr-2902	8	15	helfand	helfand	PROPN
cblr-2902	8	16	,	,	PUNCT
cblr-2902	8	17	john	john	PROPN
cblr-2902	8	18	hull	hull	PROPN
cblr-2902	8	19	,	,	PUNCT
cblr-2902	8	20	edward	edward	PROPN
cblr-2902	8	21	janger	janger	PROPN
cblr-2902	8	22	,	,	PUNCT
cblr-2902	8	23	kristin	kristin	PROPN
cblr-2902	8	24	johnson	johnson	PROPN
cblr-2902	8	25	,	,	PUNCT
cblr-2902	8	26	robert	robert	PROPN
cblr-2902	8	27	lawless	lawless	PROPN
cblr-2902	8	28	,	,	PUNCT
cblr-2902	8	29	stephen	stephen	PROPN
cblr-2902	8	30	lubben	lubben	PROPN
cblr-2902	8	31	,	,	PUNCT
cblr-2902	8	32	chrystin	chrystin	NOUN
cblr-2902	8	33	ondersma	ondersma	NOUN
cblr-2902	8	34	,	,	PUNCT
cblr-2902	8	35	and	and	CCONJ
cblr-2902	8	36	mark	mark	PROPN
cblr-2902	8	37	roe	roe	PROPN
cblr-2902	8	38	for	for	ADP
cblr-2902	8	39	commenting	comment	VERB
cblr-2902	8	40	on	on	ADP
cblr-2902	8	41	drafts	draft	NOUN
cblr-2902	8	42	,	,	PUNCT
cblr-2902	8	43	and	and	CCONJ
cblr-2902	8	44	professor	professor	NOUN
cblr-2902	8	45	ren6	ren6	PROPN
cblr-2902	8	46	m.	m.	PROPN
cblr-2902	8	47	stulz	stulz	PROPN
cblr-2902	8	48	,	,	PUNCT
cblr-2902	8	49	donald	donald	PROPN
cblr-2902	8	50	s.	s.	PROPN
cblr-2902	8	51	bernstein	bernstein	PROPN
cblr-2902	8	52	,	,	PUNCT
cblr-2902	8	53	and	and	CCONJ
cblr-2902	8	54	marshall	marshall	PROPN
cblr-2902	8	55	s.	s.	PROPN
cblr-2902	8	56	huebner	huebner	PROPN
cblr-2902	8	57	for	for	ADP
cblr-2902	8	58	general	general	ADJ
cblr-2902	8	59	discussion	discussion	NOUN
cblr-2902	8	60	.	.	PUNCT
cblr-2902	9	1	we	we	PRON
cblr-2902	9	2	also	also	ADV
cblr-2902	9	3	thank	thank	VERB
cblr-2902	9	4	the	the	DET
cblr-2902	9	5	many	many	ADJ
cblr-2902	9	6	financial	financial	ADJ
cblr-2902	9	7	professionals	professional	NOUN
cblr-2902	9	8	who	who	PRON
cblr-2902	9	9	generously	generously	ADV
cblr-2902	9	10	agreed	agree	VERB
cblr-2902	9	11	to	to	PART
cblr-2902	9	12	speak	speak	VERB
cblr-2902	9	13	with	with	ADP
cblr-2902	9	14	us	we	PRON
cblr-2902	9	15	,	,	PUNCT
cblr-2902	9	16	including	include	VERB
cblr-2902	9	17	jaime	jaime	PROPN
cblr-2902	9	18	d'almeida	d'almeida	PROPN
cblr-2902	9	19	,	,	PUNCT
cblr-2902	9	20	allen	allen	PROPN
cblr-2902	9	21	pfeiffer	pfeiffer	PROPN
cblr-2902	9	22	,	,	PUNCT
cblr-2902	9	23	and	and	CCONJ
cblr-2902	9	24	anshul	anshul	PROPN
cblr-2902	9	25	shekhon	shekhon	PROPN
cblr-2902	9	26	at	at	ADP
cblr-2902	9	27	duff	duff	PROPN
cblr-2902	9	28	&	&	CCONJ
cblr-2902	9	29	phelps	phelps	PROPN
cblr-2902	9	30	;	;	PUNCT
cblr-2902	9	31	james	james	PROPN
cblr-2902	9	32	brennan	brennan	PROPN
cblr-2902	9	33	,	,	PUNCT
cblr-2902	9	34	gareth	gareth	PROPN
cblr-2902	9	35	moody	moody	PROPN
cblr-2902	9	36	,	,	PUNCT
cblr-2902	9	37	and	and	CCONJ
cblr-2902	9	38	jasmit	jasmit	PROPN
cblr-2902	9	39	sandhu	sandhu	NOUN
cblr-2902	9	40	at	at	ADP
cblr-2902	9	41	credit	credit	NOUN
cblr-2902	9	42	market	market	NOUN
cblr-2902	9	43	associates	associate	NOUN
cblr-2902	9	44	;	;	PUNCT
cblr-2902	9	45	otis	otis	PROPN
cblr-2902	9	46	casey	casey	NOUN
cblr-2902	9	47	at	at	ADP
cblr-2902	9	48	markit	markit	NOUN
cblr-2902	9	49	;	;	PUNCT
cblr-2902	9	50	and	and	CCONJ
cblr-2902	9	51	beth	beth	PROPN
cblr-2902	9	52	philips	philips	PROPN
cblr-2902	9	53	and	and	CCONJ
cblr-2902	9	54	sonali	sonali	PROPN
cblr-2902	9	55	theisen	theisen	PROPN
cblr-2902	9	56	at	at	ADP
cblr-2902	9	57	bloomberg	bloomberg	PROPN
cblr-2902	9	58	.	.	PUNCT
cblr-2902	10	1	we	we	PRON
cblr-2902	10	2	thank	thank	VERB
cblr-2902	10	3	our	our	PRON
cblr-2902	10	4	research	research	NOUN
cblr-2902	10	5	assistants	assistant	NOUN
cblr-2902	10	6	,	,	PUNCT
cblr-2902	10	7	karen	karen	PROPN
cblr-2902	10	8	benton	benton	PROPN
cblr-2902	10	9	,	,	PUNCT
cblr-2902	10	10	jonathan	jonathan	PROPN
cblr-2902	10	11	brenner	brenner	PROPN
cblr-2902	10	12	,	,	PUNCT
cblr-2902	10	13	wolfgang	wolfgang	PROPN
cblr-2902	10	14	robinson	robinson	PROPN
cblr-2902	10	15	,	,	PUNCT
cblr-2902	10	16	michael	michael	PROPN
cblr-2902	10	17	j.	j.	PROPN
cblr-2902	10	18	berkovits	berkovits	PROPN
cblr-2902	10	19	,	,	PUNCT
cblr-2902	10	20	ashley	ashley	PROPN
cblr-2902	10	21	m.	m.	PROPN
cblr-2902	10	22	bryant	bryant	PROPN
cblr-2902	10	23	,	,	PUNCT
cblr-2902	10	24	deryn	deryn	PROPN
cblr-2902	10	25	darcy	darcy	PROPN
cblr-2902	10	26	,	,	PUNCT
cblr-2902	10	27	brad	brad	PROPN
cblr-2902	10	28	ehrlichman	ehrlichman	PROPN
cblr-2902	10	29	,	,	PUNCT
cblr-2902	10	30	scott	scott	PROPN
cblr-2902	10	31	eisman	eisman	PROPN
cblr-2902	10	32	,	,	PUNCT
cblr-2902	10	33	natasha	natasha	PROPN
cblr-2902	10	34	tsiouris	tsiouris	PROPN
cblr-2902	10	35	,	,	PUNCT
cblr-2902	10	36	sabrina	sabrina	PROPN
cblr-2902	10	37	l.	l.	PROPN
cblr-2902	10	38	ursaner	ursaner	PROPN
cblr-2902	10	39	,	,	PUNCT
cblr-2902	10	40	and	and	CCONJ
cblr-2902	10	41	matthew	matthew	PROPN
cblr-2902	10	42	weinberg	weinberg	PROPN
cblr-2902	10	43	for	for	ADP
cblr-2902	10	44	outstanding	outstanding	ADJ
cblr-2902	10	45	research	research	NOUN
cblr-2902	10	46	support	support	NOUN
cblr-2902	10	47	.	.	PUNCT
cblr-2902	11	1	1	1	X
cblr-2902	11	2	.	.	X
cblr-2902	11	3	cash	cash	NOUN
cblr-2902	11	4	flow	flow	NOUN
cblr-2902	11	5	projections	projection	NOUN
cblr-2902	11	6	are	be	AUX
cblr-2902	11	7	inherently	inherently	ADV
cblr-2902	11	8	subjective	subjective	ADJ
cblr-2902	11	9	and	and	CCONJ
cblr-2902	11	10	prone	prone	ADJ
cblr-2902	11	11	to	to	ADP
cblr-2902	11	12	hindsight	hindsight	ADJ
cblr-2902	11	13	bias	bias	NOUN
cblr-2902	11	14	.......	.......	PUNCT
cblr-2902	12	1	144	144	NUM
cblr-2902	12	2	2	2	X
cblr-2902	12	3	.	.	PUNCT
cblr-2902	12	4	discount	discount	NOUN
cblr-2902	12	5	rates	rate	NOUN
cblr-2902	12	6	can	can	AUX
cblr-2902	12	7	be	be	AUX
cblr-2902	12	8	manipulated	manipulate	VERB
cblr-2902	12	9	because	because	SCONJ
cblr-2902	12	10	they	they	PRON
cblr-2902	12	11	depend	depend	VERB
cblr-2902	12	12	on	on	ADP
cblr-2902	12	13	complicated	complicated	ADJ
cblr-2902	12	14	math	math	NOUN
cblr-2902	12	15	masking	mask	VERB
cblr-2902	12	16	subjective	subjective	ADJ
cblr-2902	12	17	assumptions	assumption	NOUN
cblr-2902	12	18	........	........	PUNCT
cblr-2902	13	1	147	147	NUM
cblr-2902	13	2	3	3	NUM
cblr-2902	13	3	.	.	PUNCT
cblr-2902	14	1	multiples	multiple	NOUN
cblr-2902	14	2	methods	method	NOUN
cblr-2902	14	3	can	can	AUX
cblr-2902	14	4	easily	easily	ADV
cblr-2902	14	5	be	be	AUX
cblr-2902	14	6	manipulated	manipulate	VERB
cblr-2902	14	7	unless	unless	SCONJ
cblr-2902	14	8	the	the	DET
cblr-2902	14	9	judge	judge	NOUN
cblr-2902	14	10	is	be	AUX
cblr-2902	14	11	an	an	DET
cblr-2902	14	12	expert	expert	NOUN
cblr-2902	14	13	on	on	ADP
cblr-2902	14	14	several	several	ADJ
cblr-2902	14	15	industries	industry	NOUN
cblr-2902	14	16	...........	...........	PUNCT
cblr-2902	14	17	......	......	PUNCT
cblr-2902	15	1	148	148	NUM
cblr-2902	15	2	4	4	NUM
cblr-2902	15	3	.	.	PUNCT
cblr-2902	16	1	experts	expert	NOUN
cblr-2902	16	2	can	can	AUX
cblr-2902	16	3	exploit	exploit	VERB
cblr-2902	16	4	judges	judge	NOUN
cblr-2902	16	5	'	'	PART
cblr-2902	16	6	natural	natural	ADJ
cblr-2902	16	7	tendency	tendency	NOUN
cblr-2902	16	8	to	to	PART
cblr-2902	16	9	avoid	avoid	VERB
cblr-2902	16	10	extremes	extreme	NOUN
cblr-2902	16	11	............	............	PUNCT
cblr-2902	16	12	149	149	NUM
cblr-2902	16	13	5	5	NUM
cblr-2902	16	14	.	.	PUNCT
cblr-2902	16	15	traditional	traditional	ADJ
cblr-2902	16	16	methods	method	NOUN
cblr-2902	16	17	assume	assume	VERB
cblr-2902	16	18	that	that	SCONJ
cblr-2902	16	19	capital	capital	NOUN
cblr-2902	16	20	markets	market	NOUN
cblr-2902	16	21	are	be	AUX
cblr-2902	16	22	efficient	efficient	ADJ
cblr-2902	16	23	............	............	PUNCT
cblr-2902	17	1	.....	.....	PUNCT
cblr-2902	18	1	150	150	NUM
cblr-2902	18	2	e.	e.	PROPN
cblr-2902	18	3	hindsight	hindsight	ADJ
cblr-2902	18	4	bias	bias	NOUN
cblr-2902	18	5	gives	give	VERB
cblr-2902	18	6	plaintiffs	plaintiff	NOUN
cblr-2902	18	7	an	an	DET
cblr-2902	18	8	advantage	advantage	NOUN
cblr-2902	18	9	that	that	SCONJ
cblr-2902	18	10	the	the	DET
cblr-2902	18	11	law	law	NOUN
cblr-2902	18	12	does	do	AUX
cblr-2902	18	13	not	not	PART
cblr-2902	18	14	permit	permit	VERB
cblr-2902	18	15	......	......	PUNCT
cblr-2902	18	16	.......	.......	PUNCT
cblr-2902	19	1	151	151	NUM
cblr-2902	19	2	1	1	NUM
cblr-2902	19	3	.	.	PUNCT
cblr-2902	19	4	studies	study	NOUN
cblr-2902	19	5	demonstrate	demonstrate	VERB
cblr-2902	19	6	that	that	SCONJ
cblr-2902	19	7	hindsight	hindsight	ADJ
cblr-2902	19	8	bias	bias	NOUN
cblr-2902	19	9	affects	affect	VERB
cblr-2902	19	10	judges	judge	NOUN
cblr-2902	19	11	...................	...................	PUNCT
cblr-2902	20	1	153	153	NUM
cblr-2902	20	2	2	2	NUM
cblr-2902	20	3	.	.	PUNCT
cblr-2902	20	4	studies	study	NOUN
cblr-2902	20	5	show	show	VERB
cblr-2902	20	6	that	that	SCONJ
cblr-2902	20	7	current	current	ADJ
cblr-2902	20	8	legal	legal	ADJ
cblr-2902	20	9	safeguards	safeguard	NOUN
cblr-2902	20	10	against	against	ADP
cblr-2902	20	11	hindsight	hindsight	ADJ
cblr-2902	20	12	bias	bias	NOUN
cblr-2902	20	13	are	be	AUX
cblr-2902	20	14	ineffective	ineffective	ADJ
cblr-2902	20	15	....................	....................	PUNCT
cblr-2902	20	16	156	156	NUM
cblr-2902	20	17	f.	f.	PROPN
cblr-2902	20	18	delaware	delaware	PROPN
cblr-2902	20	19	and	and	CCONJ
cblr-2902	20	20	new	new	PROPN
cblr-2902	20	21	york	york	PROPN
cblr-2902	20	22	courts	court	NOUN
cblr-2902	20	23	have	have	AUX
cblr-2902	20	24	started	start	VERB
cblr-2902	20	25	to	to	PART
cblr-2902	20	26	use	use	VERB
cblr-2902	20	27	market	market	NOUN
cblr-2902	20	28	prices	price	NOUN
cblr-2902	20	29	instead	instead	ADV
cblr-2902	20	30	of	of	ADP
cblr-2902	20	31	experts	expert	NOUN
cblr-2902	20	32	...........	...........	PUNCT
cblr-2902	21	1	157	157	NUM
cblr-2902	21	2	1	1	NUM
cblr-2902	21	3	.	.	PUNCT
cblr-2902	22	1	vfb	vfb	PROPN
cblr-2902	22	2	llc	llc	PROPN
cblr-2902	22	3	v.	v.	PROPN
cblr-2902	22	4	campbell	campbell	PROPN
cblr-2902	22	5	soup	soup	PROPN
cblr-2902	22	6	co	co	PROPN
cblr-2902	22	7	......................	......................	PROPN
cblr-2902	22	8	158	158	NUM
cblr-2902	22	9	2	2	X
cblr-2902	22	10	.	.	PUNCT
cblr-2902	23	1	in	in	ADP
cblr-2902	23	2	re	re	X
cblr-2902	23	3	iridium	iridium	NOUN
cblr-2902	23	4	operating	operate	VERB
cblr-2902	23	5	llc	llc	PROPN
cblr-2902	23	6	......	......	PUNCT
cblr-2902	24	1	......	......	PUNCT
cblr-2902	24	2	160	160	NUM
cblr-2902	24	3	iv	iv	NOUN
cblr-2902	24	4	.	.	PUNCT
cblr-2902	24	5	benefits	benefit	NOUN
cblr-2902	24	6	of	of	ADP
cblr-2902	24	7	incorporation	incorporation	NOUN
cblr-2902	24	8	of	of	ADP
cblr-2902	24	9	additional	additional	ADJ
cblr-2902	24	10	insights	insight	NOUN
cblr-2902	24	11	from	from	ADP
cblr-2902	24	12	finance	finance	NOUN
cblr-2902	24	13	into	into	ADP
cblr-2902	24	14	the	the	DET
cblr-2902	24	15	law	law	NOUN
cblr-2902	24	16	....	....	PUNCT
cblr-2902	24	17	...................	...................	PUNCT
cblr-2902	25	1	163	163	NUM
cblr-2902	25	2	a.	a.	NOUN
cblr-2902	25	3	equity	equity	NOUN
cblr-2902	25	4	market	market	NOUN
cblr-2902	25	5	prices	price	NOUN
cblr-2902	25	6	provide	provide	VERB
cblr-2902	25	7	a	a	DET
cblr-2902	25	8	noisy	noisy	ADJ
cblr-2902	25	9	signal	signal	NOUN
cblr-2902	25	10	of	of	ADP
cblr-2902	25	11	default	default	NOUN
cblr-2902	25	12	probability	probability	NOUN
cblr-2902	25	13	because	because	SCONJ
cblr-2902	25	14	they	they	PRON
cblr-2902	25	15	reflect	reflect	VERB
cblr-2902	25	16	option	option	NOUN
cblr-2902	25	17	value	value	NOUN
cblr-2902	25	18	.....................	.....................	PUNCT
cblr-2902	26	1	.....	.....	PUNCT
cblr-2902	26	2	164	164	NUM
cblr-2902	26	3	b.	b.	PROPN
cblr-2902	26	4	credit	credit	NOUN
cblr-2902	26	5	spreads	spread	NOUN
cblr-2902	26	6	should	should	AUX
cblr-2902	26	7	be	be	AUX
cblr-2902	26	8	used	use	VERB
cblr-2902	26	9	to	to	PART
cblr-2902	26	10	measure	measure	VERB
cblr-2902	26	11	credit	credit	NOUN
cblr-2902	26	12	market	market	NOUN
cblr-2902	26	13	implied	imply	VERB
cblr-2902	26	14	probabilities	probability	NOUN
cblr-2902	26	15	of	of	ADP
cblr-2902	26	16	default	default	NOUN
cblr-2902	26	17	.	.	PUNCT
cblr-2902	27	1	166	166	NUM
cblr-2902	27	2	1	1	NUM
cblr-2902	27	3	.	.	PUNCT
cblr-2902	27	4	market	market	NOUN
cblr-2902	27	5	implied	imply	VERB
cblr-2902	27	6	probabilities	probability	NOUN
cblr-2902	27	7	of	of	ADP
cblr-2902	27	8	default	default	NOUN
cblr-2902	27	9	facilitate	facilitate	NOUN
cblr-2902	27	10	continuous	continuous	ADJ
cblr-2902	27	11	solvency	solvency	NOUN
cblr-2902	27	12	analysis	analysis	NOUN
cblr-2902	27	13	......	......	PUNCT
cblr-2902	27	14	171	171	NUM
cblr-2902	27	15	2	2	NUM
cblr-2902	27	16	.	.	PUNCT
cblr-2902	28	1	cds	cd	NOUN
cblr-2902	28	2	markets	market	NOUN
cblr-2902	28	3	may	may	AUX
cblr-2902	28	4	often	often	ADV
cblr-2902	28	5	provide	provide	VERB
cblr-2902	28	6	the	the	DET
cblr-2902	28	7	best	good	ADJ
cblr-2902	28	8	information	information	NOUN
cblr-2902	28	9	about	about	ADP
cblr-2902	28	10	default	default	NOUN
cblr-2902	28	11	risk	risk	NOUN
cblr-2902	28	12	...	...	PUNCT
cblr-2902	28	13	......	......	PUNCT
cblr-2902	29	1	174	174	NUM
cblr-2902	29	2	a.	a.	NOUN
cblr-2902	29	3	cds	cd	NOUN
cblr-2902	29	4	markets	market	NOUN
cblr-2902	29	5	may	may	AUX
cblr-2902	29	6	be	be	AUX
cblr-2902	29	7	more	more	ADV
cblr-2902	29	8	efficient	efficient	ADJ
cblr-2902	29	9	because	because	SCONJ
cblr-2902	29	10	they	they	PRON
cblr-2902	29	11	are	be	AUX
cblr-2902	29	12	a	a	DET
cblr-2902	29	13	haven	haven	NOUN
cblr-2902	29	14	for	for	ADP
cblr-2902	29	15	insider	insider	NOUN
cblr-2902	29	16	trading	trading	NOUN
cblr-2902	29	17	.........................	.........................	PUNCT
cblr-2902	29	18	174	174	NUM
cblr-2902	29	19	b.	b.	PROPN
cblr-2902	29	20	cds	cds	PROPN
cblr-2902	29	21	markets	market	NOUN
cblr-2902	29	22	are	be	AUX
cblr-2902	29	23	probably	probably	ADV
cblr-2902	29	24	more	more	ADJ
cblr-2902	29	25	"	"	PUNCT
cblr-2902	29	26	complete	complete	ADJ
cblr-2902	29	27	"	"	PUNCT
cblr-2902	29	28	than	than	ADP
cblr-2902	29	29	bond	bond	NOUN
cblr-2902	29	30	markets	market	NOUN
cblr-2902	29	31	leveraged	leverage	VERB
cblr-2902	29	32	buyout	buyout	NOUN
cblr-2902	29	33	bankruptcies	bankruptcy	NOUN
cblr-2902	29	34	119no	119no	PROPN
cblr-2902	29	35	.	.	PUNCT
cblr-2902	30	1	i	i	PRON
cblr-2902	30	2	:	:	PUNCT
cblr-2902	30	3	118]1	118]1	NUM
cblr-2902	30	4	because	because	SCONJ
cblr-2902	30	5	credit	credit	NOUN
cblr-2902	30	6	default	default	NOUN
cblr-2902	30	7	swaps	swap	NOUN
cblr-2902	30	8	facilitate	facilitate	VERB
cblr-2902	30	9	shorting	short	VERB
cblr-2902	30	10	...........	...........	PUNCT
cblr-2902	30	11	.....	.....	SYM
cblr-2902	30	12	177	177	NUM
cblr-2902	30	13	c.	c.	PROPN
cblr-2902	30	14	cds	cd	NOUN
cblr-2902	30	15	markets	market	NOUN
cblr-2902	30	16	may	may	AUX
cblr-2902	30	17	be	be	AUX
cblr-2902	30	18	more	more	ADV
cblr-2902	30	19	efficient	efficient	ADJ
cblr-2902	30	20	because	because	SCONJ
cblr-2902	30	21	they	they	PRON
cblr-2902	30	22	are	be	AUX
cblr-2902	30	23	anonymous	anonymous	ADJ
cblr-2902	30	24	and	and	CCONJ
cblr-2902	30	25	reduce	reduce	VERB
cblr-2902	30	26	the	the	DET
cblr-2902	30	27	risk	risk	NOUN
cblr-2902	30	28	of	of	ADP
cblr-2902	30	29	retaliation	retaliation	NOUN
cblr-2902	30	30	for	for	ADP
cblr-2902	30	31	shorting	short	VERB
cblr-2902	30	32	..........................	..........................	PUNCT
cblr-2902	30	33	178	178	NUM
cblr-2902	30	34	d.	d.	NOUN
cblr-2902	30	35	courts	court	NOUN
cblr-2902	30	36	can	can	AUX
cblr-2902	30	37	reduce	reduce	VERB
cblr-2902	30	38	the	the	DET
cblr-2902	30	39	risk	risk	NOUN
cblr-2902	30	40	of	of	ADP
cblr-2902	30	41	market	market	NOUN
cblr-2902	30	42	manipulation	manipulation	NOUN
cblr-2902	30	43	...........................	...........................	PUNCT
cblr-2902	30	44	180	180	NUM
cblr-2902	30	45	e.	e.	PROPN
cblr-2902	30	46	counterparty	counterparty	PROPN
cblr-2902	30	47	risk	risk	NOUN
cblr-2902	30	48	has	have	AUX
cblr-2902	30	49	been	be	AUX
cblr-2902	30	50	minimized	minimize	VERB
cblr-2902	30	51	by	by	ADP
cblr-2902	30	52	government	government	NOUN
cblr-2902	30	53	and	and	CCONJ
cblr-2902	30	54	regulatory	regulatory	ADJ
cblr-2902	30	55	policy	policy	NOUN
cblr-2902	30	56	....	....	PUNCT
cblr-2902	31	1	183	183	NUM
cblr-2902	31	2	3	3	X
cblr-2902	31	3	.	.	PUNCT
cblr-2902	31	4	high	high	ADJ
cblr-2902	31	5	quality	quality	NOUN
cblr-2902	31	6	market	market	NOUN
cblr-2902	31	7	data	datum	NOUN
cblr-2902	31	8	can	can	AUX
cblr-2902	31	9	be	be	AUX
cblr-2902	31	10	obtained	obtain	VERB
cblr-2902	31	11	within	within	ADP
cblr-2902	31	12	the	the	DET
cblr-2902	31	13	context	context	NOUN
cblr-2902	31	14	of	of	ADP
cblr-2902	31	15	litigation	litigation	NOUN
cblr-2902	31	16	...	...	PUNCT
cblr-2902	32	1	184	184	NUM
cblr-2902	32	2	a.	a.	NOUN
cblr-2902	32	3	corporate	corporate	ADJ
cblr-2902	32	4	bond	bond	NOUN
cblr-2902	32	5	markets	market	NOUN
cblr-2902	32	6	are	be	AUX
cblr-2902	32	7	generally	generally	ADV
cblr-2902	32	8	transparent	transparent	ADJ
cblr-2902	32	9	................	................	PUNCT
cblr-2902	33	1	.....	.....	PUNCT
cblr-2902	33	2	184	184	NUM
cblr-2902	33	3	b.	b.	NOUN
cblr-2902	33	4	although	although	SCONJ
cblr-2902	33	5	cds	cd	NOUN
cblr-2902	33	6	markets	market	NOUN
cblr-2902	33	7	are	be	AUX
cblr-2902	33	8	generally	generally	ADV
cblr-2902	33	9	not	not	PART
cblr-2902	33	10	transparent	transparent	ADJ
cblr-2902	33	11	,	,	PUNCT
cblr-2902	33	12	litigation	litigation	NOUN
cblr-2902	33	13	can	can	AUX
cblr-2902	33	14	shed	shed	VERB
cblr-2902	33	15	new	new	ADJ
cblr-2902	33	16	light	light	NOUN
cblr-2902	33	17	on	on	ADP
cblr-2902	33	18	their	their	PRON
cblr-2902	33	19	inner	inner	ADJ
cblr-2902	33	20	workings	working	NOUN
cblr-2902	33	21	.......	.......	PUNCT
cblr-2902	33	22	185	185	NUM
cblr-2902	33	23	4	4	NUM
cblr-2902	33	24	.	.	PUNCT
cblr-2902	33	25	simple	simple	ADJ
cblr-2902	33	26	,	,	PUNCT
cblr-2902	33	27	robust	robust	ADJ
cblr-2902	33	28	,	,	PUNCT
cblr-2902	33	29	manipulation	manipulation	NOUN
cblr-2902	33	30	-	-	PUNCT
cblr-2902	33	31	resistant	resistant	ADJ
cblr-2902	33	32	equations	equation	NOUN
cblr-2902	33	33	can	can	AUX
cblr-2902	33	34	be	be	AUX
cblr-2902	33	35	used	use	VERB
cblr-2902	33	36	to	to	PART
cblr-2902	33	37	calculate	calculate	VERB
cblr-2902	33	38	market	market	NOUN
cblr-2902	33	39	-	-	PUNCT
cblr-2902	33	40	implied	imply	VERB
cblr-2902	33	41	probabilities	probability	NOUN
cblr-2902	33	42	of	of	ADP
cblr-2902	33	43	default	default	NOUN
cblr-2902	33	44	based	base	VERB
cblr-2902	33	45	on	on	ADP
cblr-2902	33	46	credit	credit	NOUN
cblr-2902	33	47	market	market	NOUN
cblr-2902	33	48	prices	price	NOUN
cblr-2902	33	49	.............	.............	PUNCT
cblr-2902	33	50	188	188	NUM
cblr-2902	33	51	a.	a.	NOUN
cblr-2902	33	52	how	how	SCONJ
cblr-2902	33	53	to	to	PART
cblr-2902	33	54	calculate	calculate	VERB
cblr-2902	33	55	credit	credit	NOUN
cblr-2902	33	56	spreads	spread	NOUN
cblr-2902	33	57	from	from	ADP
cblr-2902	33	58	bond	bond	NOUN
cblr-2902	33	59	yields	yield	NOUN
cblr-2902	33	60	or	or	CCONJ
cblr-2902	33	61	cds	cds	NOUN
cblr-2902	33	62	fees	fee	NOUN
cblr-2902	33	63	.....	.....	PUNCT
cblr-2902	34	1	.......	.......	PUNCT
cblr-2902	34	2	188	188	NUM
cblr-2902	34	3	b.	b.	X
cblr-2902	34	4	how	how	SCONJ
cblr-2902	34	5	to	to	PART
cblr-2902	34	6	extract	extract	VERB
cblr-2902	34	7	the	the	DET
cblr-2902	34	8	one	one	NUM
cblr-2902	34	9	-	-	PUNCT
cblr-2902	34	10	year	year	NOUN
cblr-2902	34	11	market	market	NOUN
cblr-2902	34	12	implied	imply	VERB
cblr-2902	34	13	probability	probability	NOUN
cblr-2902	34	14	of	of	ADP
cblr-2902	34	15	default	default	NOUN
cblr-2902	34	16	from	from	ADP
cblr-2902	34	17	credit	credit	NOUN
cblr-2902	34	18	spreads	spread	NOUN
cblr-2902	34	19	..........................	..........................	PUNCT
cblr-2902	34	20	192	192	NUM
cblr-2902	34	21	c.	c.	NOUN
cblr-2902	34	22	credit	credit	NOUN
cblr-2902	34	23	spreads	spread	NOUN
cblr-2902	34	24	based	base	VERB
cblr-2902	34	25	on	on	ADP
cblr-2902	34	26	treasuries	treasury	NOUN
cblr-2902	34	27	may	may	AUX
cblr-2902	34	28	overestimate	overestimate	VERB
cblr-2902	34	29	default	default	NOUN
cblr-2902	34	30	risk	risk	NOUN
cblr-2902	34	31	.	.	PUNCT
cblr-2902	35	1	..........	..........	PUNCT
cblr-2902	36	1	194	194	NUM
cblr-2902	36	2	d.	d.	PROPN
cblr-2902	36	3	how	how	SCONJ
cblr-2902	36	4	to	to	PART
cblr-2902	36	5	calculate	calculate	VERB
cblr-2902	36	6	the	the	DET
cblr-2902	36	7	multiyear	multiyear	ADJ
cblr-2902	36	8	cumulative	cumulative	ADJ
cblr-2902	36	9	probability	probability	NOUN
cblr-2902	36	10	of	of	ADP
cblr-2902	36	11	default	default	NOUN
cblr-2902	36	12	..........	..........	PUNCT
cblr-2902	36	13	199	199	NUM
cblr-2902	36	14	v.	v.	ADP
cblr-2902	36	15	our	our	PRON
cblr-2902	36	16	original	original	ADJ
cblr-2902	36	17	empirical	empirical	ADJ
cblr-2902	36	18	analysis	analysis	NOUN
cblr-2902	36	19	confirms	confirm	VERB
cblr-2902	36	20	that	that	SCONJ
cblr-2902	36	21	credit	credit	NOUN
cblr-2902	36	22	default	default	NOUN
cblr-2902	36	23	swaps	swap	NOUN
cblr-2902	36	24	and	and	CCONJ
cblr-2902	36	25	equity	equity	NOUN
cblr-2902	36	26	prices	price	NOUN
cblr-2902	36	27	are	be	AUX
cblr-2902	36	28	usually	usually	ADV
cblr-2902	36	29	inversely	inversely	ADV
cblr-2902	36	30	correlated	correlate	VERB
cblr-2902	36	31	as	as	ADP
cblr-2902	36	32	debtors	debtor	NOUN
cblr-2902	36	33	approach	approach	VERB
cblr-2902	36	34	bankruptcy	bankruptcy	NOUN
cblr-2902	36	35	...................................	...................................	PUNCT
cblr-2902	37	1	202	202	NUM
cblr-2902	37	2	a.	a.	NOUN
cblr-2902	37	3	descriptive	descriptive	ADJ
cblr-2902	37	4	statistics	statistic	NOUN
cblr-2902	37	5	...........	...........	PUNCT
cblr-2902	37	6	...............	...............	PUNCT
cblr-2902	37	7	203	203	NUM
cblr-2902	37	8	b.	b.	PROPN
cblr-2902	37	9	results	result	NOUN
cblr-2902	37	10	..................................	..................................	PUNCT
cblr-2902	37	11	206	206	NUM
cblr-2902	37	12	vi	vi	NOUN
cblr-2902	37	13	.	.	PUNCT
cblr-2902	37	14	conclusion	conclusion	NOUN
cblr-2902	37	15	:	:	PUNCT
cblr-2902	37	16	a	a	DET
cblr-2902	37	17	shift	shift	NOUN
cblr-2902	37	18	to	to	ADP
cblr-2902	37	19	market	market	NOUN
cblr-2902	37	20	-	-	PUNCT
cblr-2902	37	21	based	base	VERB
cblr-2902	37	22	measures	measure	NOUN
cblr-2902	37	23	of	of	ADP
cblr-2902	37	24	solvency	solvency	NOUN
cblr-2902	37	25	can	can	AUX
cblr-2902	37	26	empower	empower	VERB
cblr-2902	37	27	risk	risk	NOUN
cblr-2902	37	28	managers	manager	NOUN
cblr-2902	37	29	at	at	ADP
cblr-2902	37	30	banks	bank	NOUN
cblr-2902	37	31	to	to	PART
cblr-2902	37	32	block	block	VERB
cblr-2902	37	33	destabilizing	destabilizing	ADJ
cblr-2902	37	34	transactions	transaction	NOUN
cblr-2902	37	35	.....	.....	PUNCT
cblr-2902	37	36	........	........	PUNCT
cblr-2902	38	1	206	206	NUM
cblr-2902	39	1	[	[	X
cblr-2902	39	2	vol	vol	NOUN
cblr-2902	39	3	.	.	PUNCT
cblr-2902	39	4	2011120	2011120	NUM
cblr-2902	39	5	columbia	columbia	PROPN
cblr-2902	39	6	b	b	PROPN
cblr-2902	40	1	usiness	usiness	PROPN
cblr-2902	40	2	la	la	PROPN
cblr-2902	40	3	wrevie	wrevie	PROPN
cblr-2902	40	4	w	w	PROPN
cblr-2902	40	5	leveraged	leverage	VERB
cblr-2902	40	6	buyoutbankruptcies	buyoutbankruptcie	NOUN
cblr-2902	40	7	vii	vii	PROPN
cblr-2902	40	8	.	.	PUNCT
cblr-2902	41	1	appendix	appendix	VERB
cblr-2902	41	2	i	i	PRON
cblr-2902	41	3	:	:	PUNCT
cblr-2902	41	4	explanation	explanation	NOUN
cblr-2902	41	5	of	of	ADP
cblr-2902	41	6	traditional	traditional	ADJ
cblr-2902	41	7	methods	method	NOUN
cblr-2902	41	8	of	of	ADP
cblr-2902	41	9	solvency	solvency	NOUN
cblr-2902	41	10	analysis	analysis	NOUN
cblr-2902	41	11	...................	...................	PUNCT
cblr-2902	41	12	......	......	PUNCT
cblr-2902	42	1	208	208	NUM
cblr-2902	42	2	a.	a.	NOUN
cblr-2902	42	3	liquidity	liquidity	NOUN
cblr-2902	42	4	analysis	analysis	NOUN
cblr-2902	42	5	................	................	PUNCT
cblr-2902	42	6	......	......	PUNCT
cblr-2902	42	7	208	208	NUM
cblr-2902	42	8	b.	b.	NOUN
cblr-2902	42	9	discounted	discount	VERB
cblr-2902	42	10	cash	cash	NOUN
cblr-2902	42	11	flow	flow	NOUN
cblr-2902	42	12	(	(	PUNCT
cblr-2902	42	13	dcf	dcf	PROPN
cblr-2902	42	14	)	)	PUNCT
cblr-2902	42	15	...........	...........	PUNCT
cblr-2902	43	1	........	........	PUNCT
cblr-2902	44	1	209	209	NUM
cblr-2902	44	2	1	1	NUM
cblr-2902	44	3	.	.	PUNCT
cblr-2902	44	4	projections	projection	NOUN
cblr-2902	44	5	.........................	.........................	PUNCT
cblr-2902	45	1	209	209	NUM
cblr-2902	45	2	2	2	NUM
cblr-2902	45	3	.	.	PUNCT
cblr-2902	45	4	discount	discount	NOUN
cblr-2902	45	5	rates	rate	NOUN
cblr-2902	45	6	...	...	PUNCT
cblr-2902	45	7	...................	...................	PUNCT
cblr-2902	46	1	210	210	NUM
cblr-2902	46	2	3	3	X
cblr-2902	46	3	.	.	PUNCT
cblr-2902	46	4	terminal	terminal	ADJ
cblr-2902	46	5	value	value	NOUN
cblr-2902	46	6	..	..	PUNCT
cblr-2902	46	7	....................	....................	PUNCT
cblr-2902	47	1	210	210	NUM
cblr-2902	47	2	c.	c.	NOUN
cblr-2902	47	3	multiples	multiple	VERB
cblr-2902	47	4	analysis	analysis	NOUN
cblr-2902	47	5	:	:	PUNCT
cblr-2902	47	6	guideline	guideline	NOUN
cblr-2902	47	7	(	(	PUNCT
cblr-2902	47	8	comparable	comparable	ADJ
cblr-2902	47	9	)	)	PUNCT
cblr-2902	47	10	companies	company	NOUN
cblr-2902	47	11	and	and	CCONJ
cblr-2902	47	12	transactions	transaction	NOUN
cblr-2902	47	13	.......	.......	PUNCT
cblr-2902	48	1	........	........	PUNCT
cblr-2902	48	2	211	211	NUM
cblr-2902	48	3	viii	viii	NOUN
cblr-2902	48	4	.	.	PUNCT
cblr-2902	49	1	appendix	appendix	PROPN
cblr-2902	49	2	ii	ii	PROPN
cblr-2902	49	3	:	:	PUNCT
cblr-2902	49	4	explanation	explanation	NOUN
cblr-2902	49	5	and	and	CCONJ
cblr-2902	49	6	evidence	evidence	NOUN
cblr-2902	49	7	for	for	ADP
cblr-2902	49	8	equity	equity	NOUN
cblr-2902	49	9	as	as	ADP
cblr-2902	49	10	option	option	NOUN
cblr-2902	49	11	value	value	NOUN
cblr-2902	49	12	..	..	PUNCT
cblr-2902	49	13	..........................	..........................	PUNCT
cblr-2902	50	1	214	214	NUM
cblr-2902	50	2	a.	a.	NOUN
cblr-2902	50	3	opposing	oppose	VERB
cblr-2902	50	4	interests	interest	NOUN
cblr-2902	50	5	of	of	ADP
cblr-2902	50	6	equity	equity	NOUN
cblr-2902	50	7	and	and	CCONJ
cblr-2902	50	8	debt	debt	NOUN
cblr-2902	50	9	:	:	PUNCT
cblr-2902	50	10	a	a	DET
cblr-2902	50	11	simple	simple	ADJ
cblr-2902	50	12	mathematical	mathematical	ADJ
cblr-2902	50	13	example	example	NOUN
cblr-2902	50	14	....	....	PUNCT
cblr-2902	50	15	..	..	PUNCT
cblr-2902	50	16	......	......	PUNCT
cblr-2902	51	1	214	214	NUM
cblr-2902	51	2	b.	b.	NOUN
cblr-2902	51	3	opposing	oppose	VERB
cblr-2902	51	4	interests	interest	NOUN
cblr-2902	51	5	of	of	ADP
cblr-2902	51	6	equity	equity	NOUN
cblr-2902	51	7	and	and	CCONJ
cblr-2902	51	8	debt	debt	NOUN
cblr-2902	51	9	:	:	PUNCT
cblr-2902	51	10	empirical	empirical	ADJ
cblr-2902	51	11	evidence	evidence	NOUN
cblr-2902	51	12	..	..	PUNCT
cblr-2902	51	13	...................	...................	PUNCT
cblr-2902	51	14	216	216	NUM
cblr-2902	51	15	c.	c.	NOUN
cblr-2902	51	16	opposing	oppose	VERB
cblr-2902	51	17	interests	interest	NOUN
cblr-2902	51	18	of	of	ADP
cblr-2902	51	19	equity	equity	NOUN
cblr-2902	51	20	and	and	CCONJ
cblr-2902	51	21	debt	debt	NOUN
cblr-2902	51	22	:	:	PUNCT
cblr-2902	51	23	real	real	ADJ
cblr-2902	51	24	world	world	NOUN
cblr-2902	51	25	strategic	strategic	ADJ
cblr-2902	51	26	implications	implication	NOUN
cblr-2902	51	27	..............	..............	PUNCT
cblr-2902	51	28	217	217	NUM
cblr-2902	51	29	ix	ix	ADJ
cblr-2902	51	30	.	.	PUNCT
cblr-2902	52	1	appendix	appendix	ADJ
cblr-2902	52	2	iii	iii	NUM
cblr-2902	52	3	:	:	PUNCT
cblr-2902	52	4	derivation	derivation	NOUN
cblr-2902	52	5	and	and	CCONJ
cblr-2902	52	6	illustration	illustration	NOUN
cblr-2902	52	7	of	of	ADP
cblr-2902	52	8	equation	equation	NOUN
cblr-2902	52	9	3	3	NUM
cblr-2902	52	10	..................................	..................................	SYM
cblr-2902	52	11	218	218	NUM
cblr-2902	52	12	i.	i.	NOUN
cblr-2902	52	13	introduction	introduction	NOUN
cblr-2902	52	14	and	and	CCONJ
cblr-2902	52	15	background	background	NOUN
cblr-2902	52	16	in	in	ADP
cblr-2902	52	17	the	the	DET
cblr-2902	52	18	wake	wake	NOUN
cblr-2902	52	19	of	of	ADP
cblr-2902	52	20	recent	recent	ADJ
cblr-2902	52	21	financial	financial	ADJ
cblr-2902	52	22	crises	crisis	NOUN
cblr-2902	52	23	,	,	PUNCT
cblr-2902	52	24	credit	credit	NOUN
cblr-2902	52	25	default	default	NOUN
cblr-2902	52	26	swaps	swap	NOUN
cblr-2902	52	27	(	(	PUNCT
cblr-2902	52	28	"	"	PUNCT
cblr-2902	52	29	cds	cds	X
cblr-2902	52	30	"	"	PUNCT
cblr-2902	52	31	)	)	PUNCT
cblr-2902	52	32	have	have	AUX
cblr-2902	52	33	become	become	VERB
cblr-2902	52	34	the	the	DET
cblr-2902	52	35	financial	financial	ADJ
cblr-2902	52	36	instrument	instrument	NOUN
cblr-2902	52	37	that	that	SCONJ
cblr-2902	52	38	scholars	scholar	NOUN
cblr-2902	52	39	,	,	PUNCT
cblr-2902	52	40	'	'	PUNCT
cblr-2902	52	41	michael	michael	PROPN
cblr-2902	52	42	simkovic	simkovic	PROPN
cblr-2902	52	43	,	,	PUNCT
cblr-2902	52	44	secret	secret	ADJ
cblr-2902	52	45	liens	lien	NOUN
cblr-2902	52	46	and	and	CCONJ
cblr-2902	52	47	the	the	DET
cblr-2902	52	48	financial	financial	ADJ
cblr-2902	52	49	crisis	crisis	NOUN
cblr-2902	52	50	of	of	ADP
cblr-2902	52	51	2008	2008	NUM
cblr-2902	52	52	,	,	PUNCT
cblr-2902	52	53	83	83	NUM
cblr-2902	52	54	am	am	NOUN
cblr-2902	52	55	.	.	PUNCT
cblr-2902	53	1	bankr	bankr	PROPN
cblr-2902	53	2	.	.	PUNCT
cblr-2902	54	1	l.j	l.j	AUX
cblr-2902	54	2	.	.	PROPN
cblr-2902	54	3	253	253	NUM
cblr-2902	54	4	,	,	PUNCT
cblr-2902	54	5	253	253	NUM
cblr-2902	54	6	(	(	PUNCT
cblr-2902	54	7	2009	2009	NUM
cblr-2902	54	8	)	)	PUNCT
cblr-2902	54	9	(	(	PUNCT
cblr-2902	54	10	arguing	argue	VERB
cblr-2902	54	11	that	that	SCONJ
cblr-2902	54	12	the	the	DET
cblr-2902	54	13	preferential	preferential	ADJ
cblr-2902	54	14	treatment	treatment	NOUN
cblr-2902	54	15	of	of	ADP
cblr-2902	54	16	credit	credit	NOUN
cblr-2902	54	17	default	default	NOUN
cblr-2902	54	18	swaps	swap	NOUN
cblr-2902	54	19	in	in	ADP
cblr-2902	54	20	bankruptcy	bankruptcy	NOUN
cblr-2902	54	21	,	,	PUNCT
cblr-2902	54	22	combined	combine	VERB
cblr-2902	54	23	with	with	ADP
cblr-2902	54	24	a	a	DET
cblr-2902	54	25	lack	lack	NOUN
cblr-2902	54	26	of	of	ADP
cblr-2902	54	27	disclosure	disclosure	NOUN
cblr-2902	54	28	,	,	PUNCT
cblr-2902	54	29	contributed	contribute	VERB
cblr-2902	54	30	to	to	ADP
cblr-2902	54	31	the	the	DET
cblr-2902	54	32	financial	financial	ADJ
cblr-2902	54	33	crisis	crisis	NOUN
cblr-2902	54	34	of	of	ADP
cblr-2902	54	35	2008	2008	NUM
cblr-2902	54	36	)	)	PUNCT
cblr-2902	54	37	;	;	PUNCT
cblr-2902	54	38	patricia	patricia	PROPN
cblr-2902	54	39	a.	a.	PROPN
cblr-2902	54	40	mccoy	mccoy	PROPN
cblr-2902	54	41	,	,	PUNCT
cblr-2902	54	42	andrey	andrey	PROPN
cblr-2902	54	43	d.	d.	PROPN
cblr-2902	54	44	pavlov	pavlov	PROPN
cblr-2902	54	45	&	&	CCONJ
cblr-2902	54	46	susan	susan	PROPN
cblr-2902	54	47	m.	m.	PROPN
cblr-2902	54	48	wachter	wachter	PROPN
cblr-2902	54	49	,	,	PUNCT
cblr-2902	54	50	systemic	systemic	ADJ
cblr-2902	54	51	risk	risk	NOUN
cblr-2902	54	52	through	through	ADP
cblr-2902	54	53	securitization	securitization	NOUN
cblr-2902	54	54	:	:	PUNCT
cblr-2902	54	55	the	the	DET
cblr-2902	54	56	result	result	NOUN
cblr-2902	54	57	of	of	ADP
cblr-2902	54	58	deregulation	deregulation	NOUN
cblr-2902	54	59	and	and	CCONJ
cblr-2902	54	60	regulatory	regulatory	ADJ
cblr-2902	54	61	failure	failure	NOUN
cblr-2902	54	62	,	,	PUNCT
cblr-2902	54	63	41	41	NUM
cblr-2902	54	64	conn	conn	PROPN
cblr-2902	54	65	.	.	PROPN
cblr-2902	54	66	l.	l.	PROPN
cblr-2902	54	67	rev	rev	PROPN
cblr-2902	54	68	.	.	PROPN
cblr-2902	54	69	1327	1327	NUM
cblr-2902	54	70	,	,	PUNCT
cblr-2902	54	71	1343	1343	NUM
cblr-2902	54	72	-	-	SYM
cblr-2902	54	73	44	44	NUM
cblr-2902	54	74	(	(	PUNCT
cblr-2902	54	75	2009	2009	NUM
cblr-2902	54	76	)	)	PUNCT
cblr-2902	54	77	(	(	PUNCT
cblr-2902	54	78	arguing	argue	VERB
cblr-2902	54	79	that	that	SCONJ
cblr-2902	54	80	a	a	DET
cblr-2902	54	81	lack	lack	NOUN
cblr-2902	54	82	of	of	ADP
cblr-2902	54	83	minimum	minimum	ADJ
cblr-2902	54	84	capital	capital	NOUN
cblr-2902	54	85	regulation	regulation	NOUN
cblr-2902	54	86	for	for	ADP
cblr-2902	54	87	cds	cd	NOUN
cblr-2902	54	88	issuers	issuer	NOUN
cblr-2902	54	89	contributed	contribute	VERB
cblr-2902	54	90	to	to	ADP
cblr-2902	54	91	the	the	DET
cblr-2902	54	92	financial	financial	ADJ
cblr-2902	54	93	crisis	crisis	NOUN
cblr-2902	54	94	)	)	PUNCT
cblr-2902	54	95	;	;	PUNCT
cblr-2902	54	96	stephen	stephen	PROPN
cblr-2902	54	97	j.	j.	PROPN
cblr-2902	54	98	lubben	lubben	PROPN
cblr-2902	54	99	,	,	PUNCT
cblr-2902	54	100	the	the	DET
cblr-2902	54	101	bankruptcy	bankruptcy	NOUN
cblr-2902	54	102	code	code	NOUN
cblr-2902	54	103	without	without	ADP
cblr-2902	54	104	safe	safe	ADJ
cblr-2902	54	105	harbors	harbor	NOUN
cblr-2902	54	106	,	,	PUNCT
cblr-2902	54	107	84	84	NUM
cblr-2902	54	108	am	am	NOUN
cblr-2902	54	109	.	.	PUNCT
cblr-2902	55	1	bankr	bankr	PROPN
cblr-2902	55	2	.	.	PUNCT
cblr-2902	56	1	l.j	l.j	AUX
cblr-2902	56	2	.	.	PROPN
cblr-2902	56	3	123	123	NUM
cblr-2902	56	4	,	,	PUNCT
cblr-2902	56	5	123	123	NUM
cblr-2902	56	6	-	-	SYM
cblr-2902	56	7	24	24	NUM
cblr-2902	56	8	(	(	PUNCT
cblr-2902	56	9	2010	2010	NUM
cblr-2902	56	10	)	)	PUNCT
cblr-2902	56	11	(	(	PUNCT
cblr-2902	56	12	arguing	argue	VERB
cblr-2902	56	13	for	for	ADP
cblr-2902	56	14	the	the	DET
cblr-2902	56	15	repeal	repeal	NOUN
cblr-2902	56	16	of	of	ADP
cblr-2902	56	17	the	the	DET
cblr-2902	56	18	bankruptcy	bankruptcy	NOUN
cblr-2902	56	19	safe	safe	ADJ
cblr-2902	56	20	harbors	harbor	NOUN
cblr-2902	56	21	for	for	ADP
cblr-2902	56	22	derivatives	derivative	NOUN
cblr-2902	56	23	because	because	SCONJ
cblr-2902	56	24	they	they	PRON
cblr-2902	56	25	may	may	AUX
cblr-2902	56	26	contribute	contribute	VERB
cblr-2902	56	27	to	to	ADP
cblr-2902	56	28	systemic	systemic	ADJ
cblr-2902	56	29	risk	risk	NOUN
cblr-2902	56	30	)	)	PUNCT
cblr-2902	56	31	;	;	PUNCT
cblr-2902	56	32	jennifer	jennifer	PROPN
cblr-2902	56	33	s.	s.	PROPN
cblr-2902	56	34	taub	taub	PROPN
cblr-2902	56	35	,	,	PUNCT
cblr-2902	56	36	enablers	enabler	NOUN
cblr-2902	56	37	of	of	ADP
cblr-2902	56	38	exuberance	exuberance	NOUN
cblr-2902	56	39	:	:	PUNCT
cblr-2902	56	40	legal	legal	ADJ
cblr-2902	56	41	acts	act	NOUN
cblr-2902	56	42	and	and	CCONJ
cblr-2902	56	43	omissions	omission	NOUN
cblr-2902	56	44	that	that	PRON
cblr-2902	56	45	facilitated	facilitate	VERB
cblr-2902	56	46	the	the	DET
cblr-2902	56	47	global	global	ADJ
cblr-2902	56	48	financial	financial	ADJ
cblr-2902	56	49	crisis	crisis	NOUN
cblr-2902	56	50	(	(	PUNCT
cblr-2902	56	51	sept	sept	PROPN
cblr-2902	56	52	.	.	PROPN
cblr-2902	56	53	4	4	NUM
cblr-2902	56	54	,	,	PUNCT
cblr-2902	56	55	2009	2009	NUM
cblr-2902	56	56	)	)	PUNCT
cblr-2902	56	57	(	(	PUNCT
cblr-2902	56	58	unpublished	unpublished	ADJ
cblr-2902	56	59	manuscript	manuscript	NOUN
cblr-2902	56	60	)	)	PUNCT
cblr-2902	56	61	,	,	PUNCT
cblr-2902	56	62	available	available	ADJ
cblr-2902	56	63	at	at	ADP
cblr-2902	56	64	http://ssm.com/paper=1472190	http://ssm.com/paper=1472190	PROPN
cblr-2902	56	65	;	;	PUNCT
cblr-2902	56	66	j.	j.	PROPN
cblr-2902	56	67	austin	austin	PROPN
cblr-2902	56	68	murphy	murphy	PROPN
cblr-2902	56	69	,	,	PUNCT
cblr-2902	56	70	an	an	DET
cblr-2902	56	71	analysis	analysis	NOUN
cblr-2902	56	72	of	of	ADP
cblr-2902	56	73	the	the	DET
cblr-2902	56	74	financial	financial	ADJ
cblr-2902	56	75	crisis	crisis	NOUN
cblr-2902	56	76	of	of	ADP
cblr-2902	56	77	2008	2008	NUM
cblr-2902	56	78	:	:	PUNCT
cblr-2902	56	79	causes	cause	NOUN
cblr-2902	56	80	and	and	CCONJ
cblr-2902	56	81	solutions	solution	NOUN
cblr-2902	56	82	(	(	PUNCT
cblr-2902	56	83	nov	nov	PROPN
cblr-2902	56	84	.	.	PROPN
cblr-2902	56	85	4	4	NUM
cblr-2902	56	86	,	,	PUNCT
cblr-2902	56	87	no	no	INTJ
cblr-2902	56	88	.	.	NOUN
cblr-2902	56	89	1	1	NUM
cblr-2902	56	90	:	:	SYM
cblr-2902	56	91	118	118	NUM
cblr-2902	56	92	]	]	SYM
cblr-2902	56	93	121	121	NUM
cblr-2902	56	94	columbia	columbia	PROPN
cblr-2902	56	95	business	business	NOUN
cblr-2902	56	96	law	law	PROPN
cblr-2902	56	97	review	review	NOUN
cblr-2902	56	98	journalists,2	journalists,2	VERB
cblr-2902	56	99	government	government	NOUN
cblr-2902	56	100	officials	official	NOUN
cblr-2902	56	101	,	,	PUNCT
cblr-2902	56	102	'	'	PUNCT
cblr-2902	56	103	and	and	CCONJ
cblr-2902	56	104	even	even	ADV
cblr-2902	56	105	some	some	DET
cblr-2902	56	106	prominent	prominent	ADJ
cblr-2902	56	107	financiers4	financiers4	NOUN
cblr-2902	56	108	love	love	NOUN
cblr-2902	56	109	to	to	PART
cblr-2902	56	110	hate	hate	VERB
cblr-2902	56	111	.	.	PUNCT
cblr-2902	57	1	however	however	ADV
cblr-2902	57	2	,	,	PUNCT
cblr-2902	57	3	even	even	ADV
cblr-2902	57	4	some	some	PRON
cblr-2902	57	5	of	of	ADP
cblr-2902	57	6	the	the	DET
cblr-2902	57	7	cds	cd	NOUN
cblr-2902	57	8	market	market	NOUN
cblr-2902	57	9	's	's	PART
cblr-2902	57	10	harshest	harsh	ADJ
cblr-2902	57	11	critics	critic	NOUN
cblr-2902	57	12	have	have	AUX
cblr-2902	57	13	acknowledged	acknowledge	VERB
cblr-2902	57	14	its	its	PRON
cblr-2902	57	15	power	power	NOUN
cblr-2902	57	16	to	to	PART
cblr-2902	57	17	draw	draw	VERB
cblr-2902	57	18	attention	attention	NOUN
cblr-2902	57	19	to	to	ADP
cblr-2902	57	20	hidden	hide	VERB
cblr-2902	57	21	financial	financial	ADJ
cblr-2902	57	22	risk.5	risk.5	NOUN
cblr-2902	57	23	as	as	SCONJ
cblr-2902	57	24	credit	credit	NOUN
cblr-2902	57	25	default	default	NOUN
cblr-2902	57	26	swaps	swap	NOUN
cblr-2902	57	27	mature	mature	VERB
cblr-2902	57	28	from	from	ADP
cblr-2902	57	29	cutting	cut	VERB
cblr-2902	57	30	edge	edge	ADJ
cblr-2902	57	31	financial	financial	ADJ
cblr-2902	57	32	innovations	innovation	NOUN
cblr-2902	57	33	into	into	ADP
cblr-2902	57	34	transparent	transparent	ADJ
cblr-2902	57	35	,	,	PUNCT
cblr-2902	57	36	standardized	standardized	ADJ
cblr-2902	57	37	,	,	PUNCT
cblr-2902	57	38	and	and	CCONJ
cblr-2902	57	39	regulated	regulated	ADJ
cblr-2902	57	40	instruments	instrument	NOUN
cblr-2902	57	41	,	,	PUNCT
cblr-2902	57	42	they	they	PRON
cblr-2902	57	43	may	may	AUX
cblr-2902	57	44	provide	provide	VERB
cblr-2902	57	45	valuable	valuable	ADJ
cblr-2902	57	46	insights	insight	NOUN
cblr-2902	57	47	to	to	ADP
cblr-2902	57	48	regulators	regulator	NOUN
cblr-2902	57	49	and	and	CCONJ
cblr-2902	57	50	courts	court	NOUN
cblr-2902	57	51	tasked	task	VERB
cblr-2902	57	52	with	with	ADP
cblr-2902	57	53	preventing	prevent	VERB
cblr-2902	57	54	and	and	CCONJ
cblr-2902	57	55	managing	manage	VERB
cblr-2902	57	56	insolvency	insolvency	NOUN
cblr-2902	57	57	.	.	PUNCT
cblr-2902	58	1	in	in	ADP
cblr-2902	58	2	particular	particular	ADJ
cblr-2902	58	3	,	,	PUNCT
cblr-2902	58	4	credit	credit	NOUN
cblr-2902	58	5	default	default	NOUN
cblr-2902	58	6	swaps	swap	NOUN
cblr-2902	58	7	may	may	AUX
cblr-2902	58	8	help	help	VERB
cblr-2902	58	9	bankruptcy	bankruptcy	NOUN
cblr-2902	58	10	courts	court	NOUN
cblr-2902	58	11	solve	solve	VERB
cblr-2902	58	12	one	one	NUM
cblr-2902	58	13	of	of	ADP
cblr-2902	58	14	the	the	DET
cblr-2902	58	15	most	most	ADV
cblr-2902	58	16	challenging	challenging	ADJ
cblr-2902	58	17	problems	problem	NOUN
cblr-2902	58	18	of	of	ADP
cblr-2902	58	19	fraudulent	fraudulent	ADJ
cblr-2902	58	20	transfer	transfer	NOUN
cblr-2902	58	21	law	law	NOUN
cblr-2902	58	22	:	:	PUNCT
cblr-2902	58	23	determining	determine	VERB
cblr-2902	58	24	whether	whether	SCONJ
cblr-2902	58	25	a	a	DET
cblr-2902	58	26	corporate	corporate	ADJ
cblr-2902	58	27	debtor	debtor	NOUN
cblr-2902	58	28	who	who	PRON
cblr-2902	58	29	has	have	AUX
cblr-2902	58	30	filed	file	VERB
cblr-2902	58	31	for	for	ADP
cblr-2902	58	32	bankruptcy	bankruptcy	NOUN
cblr-2902	58	33	was	be	AUX
cblr-2902	58	34	solvent	solvent	ADJ
cblr-2902	58	35	at	at	ADP
cblr-2902	58	36	a	a	DET
cblr-2902	58	37	particular	particular	ADJ
cblr-2902	58	38	point	point	NOUN
cblr-2902	58	39	in	in	ADP
cblr-2902	58	40	the	the	DET
cblr-2902	58	41	past	past	NOUN
cblr-2902	58	42	.	.	PUNCT
cblr-2902	58	43	2008	2008	NUM
cblr-2902	58	44	)	)	PUNCT
cblr-2902	59	1	(	(	PUNCT
cblr-2902	59	2	unpublished	unpublished	ADJ
cblr-2902	59	3	manuscript	manuscript	NOUN
cblr-2902	59	4	)	)	PUNCT
cblr-2902	59	5	,	,	PUNCT
cblr-2902	59	6	available	available	ADJ
cblr-2902	59	7	at	at	ADP
cblr-2902	59	8	http://ssrn.com/	http://ssrn.com/	ADJ
cblr-2902	59	9	paper=1295344	paper=1295344	NOUN
cblr-2902	59	10	(	(	PUNCT
cblr-2902	59	11	arguing	argue	VERB
cblr-2902	59	12	that	that	SCONJ
cblr-2902	59	13	mispricings	mispricing	NOUN
cblr-2902	59	14	in	in	ADP
cblr-2902	59	15	the	the	DET
cblr-2902	59	16	cds	cds	NOUN
cblr-2902	59	17	market	market	NOUN
cblr-2902	59	18	amplified	amplify	VERB
cblr-2902	59	19	risk	risk	NOUN
cblr-2902	59	20	of	of	ADP
cblr-2902	59	21	mortgage	mortgage	NOUN
cblr-2902	59	22	defaults	default	NOUN
cblr-2902	59	23	)	)	PUNCT
cblr-2902	59	24	;	;	PUNCT
cblr-2902	59	25	j.	j.	PROPN
cblr-2902	59	26	austin	austin	PROPN
cblr-2902	59	27	murphy	murphy	PROPN
cblr-2902	59	28	,	,	PUNCT
cblr-2902	59	29	the	the	DET
cblr-2902	59	30	largest	large	ADJ
cblr-2902	59	31	pyramid	pyramid	NOUN
cblr-2902	59	32	scheme	scheme	NOUN
cblr-2902	59	33	of	of	ADP
cblr-2902	59	34	all	all	DET
cblr-2902	59	35	time	time	NOUN
cblr-2902	59	36	:	:	PUNCT
cblr-2902	59	37	the	the	DET
cblr-2902	59	38	effect	effect	NOUN
cblr-2902	59	39	of	of	ADP
cblr-2902	59	40	allowing	allow	VERB
cblr-2902	59	41	unregulated	unregulated	ADJ
cblr-2902	59	42	credit	credit	NOUN
cblr-2902	59	43	default	default	NOUN
cblr-2902	59	44	swaps	swap	NOUN
cblr-2902	59	45	(	(	PUNCT
cblr-2902	59	46	apr	apr	NOUN
cblr-2902	59	47	.	.	PROPN
cblr-2902	59	48	12	12	NUM
cblr-2902	59	49	,	,	PUNCT
cblr-2902	59	50	2010	2010	NUM
cblr-2902	59	51	)	)	PUNCT
cblr-2902	59	52	(	(	PUNCT
cblr-2902	59	53	unpublished	unpublished	ADJ
cblr-2902	59	54	manuscript	manuscript	NOUN
cblr-2902	59	55	)	)	PUNCT
cblr-2902	59	56	,	,	PUNCT
cblr-2902	59	57	available	available	ADJ
cblr-2902	59	58	at	at	ADP
cblr-2902	59	59	http://ssrn.com/paper=1588089	http://ssrn.com/paper=1588089	NOUN
cblr-2902	59	60	.	.	NOUN
cblr-2902	59	61	2	2	NUM
cblr-2902	59	62	nelson	nelson	PROPN
cblr-2902	59	63	d.	d.	PROPN
cblr-2902	59	64	schwartz	schwartz	PROPN
cblr-2902	59	65	&	&	CCONJ
cblr-2902	59	66	eric	eric	PROPN
cblr-2902	59	67	dash	dash	NOUN
cblr-2902	59	68	,	,	PUNCT
cblr-2902	59	69	banks	bank	NOUN
cblr-2902	59	70	bet	bet	VERB
cblr-2902	59	71	greece	greece	PROPN
cblr-2902	59	72	defaults	default	NOUN
cblr-2902	59	73	on	on	ADP
cblr-2902	59	74	debt	debt	NOUN
cblr-2902	59	75	they	they	PRON
cblr-2902	59	76	helped	help	VERB
cblr-2902	59	77	hide	hide	VERB
cblr-2902	59	78	,	,	PUNCT
cblr-2902	59	79	n.y	n.y	PROPN
cblr-2902	59	80	.	.	PROPN
cblr-2902	59	81	times	times	PROPN
cblr-2902	59	82	,	,	PUNCT
cblr-2902	59	83	feb	feb	PROPN
cblr-2902	59	84	.	.	PROPN
cblr-2902	59	85	25	25	NUM
cblr-2902	59	86	,	,	PUNCT
cblr-2902	59	87	2010	2010	NUM
cblr-2902	59	88	,	,	PUNCT
cblr-2902	59	89	at	at	ADP
cblr-2902	59	90	al	al	PROPN
cblr-2902	59	91	(	(	PUNCT
cblr-2902	59	92	arguing	argue	VERB
cblr-2902	59	93	that	that	SCONJ
cblr-2902	59	94	the	the	DET
cblr-2902	59	95	cds	cds	NOUN
cblr-2902	59	96	markets	market	NOUN
cblr-2902	59	97	may	may	AUX
cblr-2902	59	98	be	be	AUX
cblr-2902	59	99	pushing	push	VERB
cblr-2902	59	100	greece	greece	NOUN
cblr-2902	59	101	"	"	PUNCT
cblr-2902	59	102	closer	close	ADV
cblr-2902	59	103	to	to	ADP
cblr-2902	59	104	the	the	DET
cblr-2902	59	105	brink	brink	NOUN
cblr-2902	59	106	of	of	ADP
cblr-2902	59	107	financial	financial	ADJ
cblr-2902	59	108	ruin	ruin	NOUN
cblr-2902	59	109	"	"	PUNCT
cblr-2902	59	110	)	)	PUNCT
cblr-2902	59	111	.	.	PUNCT
cblr-2902	59	112	'	'	PUNCT
cblr-2902	60	1	anupam	anupam	PROPN
cblr-2902	60	2	chander	chander	PROPN
cblr-2902	60	3	&	&	CCONJ
cblr-2902	60	4	randall	randall	PROPN
cblr-2902	60	5	costa	costa	PROPN
cblr-2902	60	6	,	,	PUNCT
cblr-2902	60	7	clearing	clear	VERB
cblr-2902	60	8	credit	credit	NOUN
cblr-2902	60	9	default	default	NOUN
cblr-2902	60	10	swaps	swap	NOUN
cblr-2902	60	11	:	:	PUNCT
cblr-2902	60	12	a	a	DET
cblr-2902	60	13	case	case	NOUN
cblr-2902	60	14	study	study	NOUN
cblr-2902	60	15	in	in	ADP
cblr-2902	60	16	global	global	ADJ
cblr-2902	60	17	legal	legal	ADJ
cblr-2902	60	18	convergence	convergence	NOUN
cblr-2902	60	19	,	,	PUNCT
cblr-2902	60	20	10	10	NUM
cblr-2902	60	21	cm	cm	NOUN
cblr-2902	60	22	.	.	PUNCT
cblr-2902	61	1	j.	j.	PROPN
cblr-2902	61	2	int'l	int'l	PROPN
cblr-2902	61	3	l.	l.	PROPN
cblr-2902	61	4	639	639	NUM
cblr-2902	61	5	,	,	PUNCT
cblr-2902	61	6	639	639	NUM
cblr-2902	61	7	(	(	PUNCT
cblr-2902	61	8	2010	2010	NUM
cblr-2902	61	9	)	)	PUNCT
cblr-2902	61	10	;	;	PUNCT
cblr-2902	61	11	schwartz	schwartz	PROPN
cblr-2902	61	12	&	&	CCONJ
cblr-2902	61	13	dash	dash	NOUN
cblr-2902	61	14	,	,	PUNCT
cblr-2902	61	15	supra	supra	NOUN
cblr-2902	61	16	note	note	NOUN
cblr-2902	61	17	2	2	NUM
cblr-2902	61	18	(	(	PUNCT
cblr-2902	61	19	"	"	PUNCT
cblr-2902	61	20	[	[	X
cblr-2902	61	21	wlhile	wlhile	ADJ
cblr-2902	61	22	some	some	DET
cblr-2902	61	23	european	european	ADJ
cblr-2902	61	24	leaders	leader	NOUN
cblr-2902	61	25	have	have	AUX
cblr-2902	61	26	blamed	blame	VERB
cblr-2902	61	27	financial	financial	ADJ
cblr-2902	61	28	speculators	speculator	NOUN
cblr-2902	61	29	in	in	ADP
cblr-2902	61	30	general	general	ADJ
cblr-2902	61	31	for	for	ADP
cblr-2902	61	32	worsening	worsen	VERB
cblr-2902	61	33	the	the	DET
cblr-2902	61	34	crisis	crisis	NOUN
cblr-2902	61	35	,	,	PUNCT
cblr-2902	61	36	the	the	DET
cblr-2902	61	37	french	french	ADJ
cblr-2902	61	38	finance	finance	NOUN
cblr-2902	61	39	minister	minister	NOUN
cblr-2902	61	40	,	,	PUNCT
cblr-2902	61	41	christine	christine	PROPN
cblr-2902	61	42	lagarde	lagarde	PROPN
cblr-2902	61	43	,	,	PUNCT
cblr-2902	61	44	last	last	ADJ
cblr-2902	61	45	week	week	NOUN
cblr-2902	61	46	singled	single	VERB
cblr-2902	61	47	out	out	ADP
cblr-2902	61	48	creditdefault	creditdefault	NOUN
cblr-2902	61	49	swaps	swap	NOUN
cblr-2902	61	50	.	.	PUNCT
cblr-2902	62	1	ms	ms	PROPN
cblr-2902	62	2	.	.	PROPN
cblr-2902	62	3	lagarde	lagarde	PROPN
cblr-2902	62	4	said	say	VERB
cblr-2902	62	5	a	a	DET
cblr-2902	62	6	few	few	ADJ
cblr-2902	62	7	.	.	PUNCT
cblr-2902	63	1	players	player	NOUN
cblr-2902	63	2	dominated	dominate	VERB
cblr-2902	63	3	this	this	DET
cblr-2902	63	4	arena	arena	NOUN
cblr-2902	63	5	,	,	PUNCT
cblr-2902	63	6	which	which	PRON
cblr-2902	63	7	she	she	PRON
cblr-2902	63	8	said	say	VERB
cblr-2902	63	9	needed	need	VERB
cblr-2902	63	10	tighter	tight	ADJ
cblr-2902	63	11	regulation	regulation	NOUN
cblr-2902	63	12	.	.	PUNCT
cblr-2902	63	13	"	"	PUNCT
cblr-2902	63	14	)	)	PUNCT
cblr-2902	63	15	;	;	PUNCT
cblr-2902	63	16	emily	emily	PROPN
cblr-2902	63	17	barrett	barrett	PROPN
cblr-2902	63	18	,	,	PUNCT
cblr-2902	63	19	'	'	PUNCT
cblr-2902	63	20	naked	naked	ADJ
cblr-2902	63	21	'	'	PUNCT
cblr-2902	63	22	swaps	swap	NOUN
cblr-2902	63	23	targeted	target	VERB
cblr-2902	63	24	,	,	PUNCT
cblr-2902	63	25	wall	wall	PROPN
cblr-2902	63	26	st	st	PROPN
cblr-2902	63	27	.	.	PROPN
cblr-2902	63	28	j.	j.	PROPN
cblr-2902	63	29	,	,	PUNCT
cblr-2902	63	30	jan	jan	PROPN
cblr-2902	63	31	.	.	PROPN
cblr-2902	63	32	30	30	NUM
cblr-2902	63	33	,	,	PUNCT
cblr-2902	63	34	2009	2009	NUM
cblr-2902	63	35	,	,	PUNCT
cblr-2902	63	36	at	at	ADP
cblr-2902	63	37	c4	c4	NOUN
cblr-2902	63	38	(	(	PUNCT
cblr-2902	63	39	"	"	PUNCT
cblr-2902	63	40	rep	rep	PROPN
cblr-2902	63	41	.	.	PROPN
cblr-2902	63	42	collin	collin	PROPN
cblr-2902	63	43	peterson	peterson	PROPN
cblr-2902	63	44	...	...	PUNCT
cblr-2902	63	45	released	release	VERB
cblr-2902	63	46	a	a	DET
cblr-2902	63	47	draft	draft	NOUN
cblr-2902	63	48	'	'	PUNCT
cblr-2902	63	49	derivatives	derivative	NOUN
cblr-2902	63	50	markets	market	VERB
cblr-2902	63	51	transparency	transparency	NOUN
cblr-2902	63	52	and	and	CCONJ
cblr-2902	63	53	accountability	accountability	NOUN
cblr-2902	63	54	act	act	NOUN
cblr-2902	63	55	,	,	PUNCT
cblr-2902	63	56	'	'	PUNCT
cblr-2902	63	57	in	in	ADP
cblr-2902	63	58	which	which	PRON
cblr-2902	63	59	he	he	PRON
cblr-2902	63	60	called	call	VERB
cblr-2902	63	61	for	for	ADP
cblr-2902	63	62	a	a	DET
cblr-2902	63	63	ban	ban	NOUN
cblr-2902	63	64	on	on	ADP
cblr-2902	63	65	entering	enter	VERB
cblr-2902	63	66	a	a	DET
cblr-2902	63	67	so	so	ADV
cblr-2902	63	68	-	-	PUNCT
cblr-2902	63	69	called	call	VERB
cblr-2902	63	70	naked	naked	ADJ
cblr-2902	63	71	creditdefault	creditdefault	NOUN
cblr-2902	63	72	swap	swap	NOUN
cblr-2902	63	73	.	.	PUNCT
cblr-2902	63	74	"	"	PUNCT
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cblr-2902	63	76	.	.	PUNCT
cblr-2902	63	77	'	'	PUNCT
cblr-2902	64	1	ren6	ren6	PROPN
cblr-2902	64	2	m.	m.	PROPN
cblr-2902	64	3	stulz	stulz	PROPN
cblr-2902	64	4	,	,	PUNCT
cblr-2902	64	5	credit	credit	NOUN
cblr-2902	64	6	default	default	NOUN
cblr-2902	64	7	swaps	swap	NOUN
cblr-2902	64	8	and	and	CCONJ
cblr-2902	64	9	the	the	DET
cblr-2902	64	10	credit	credit	NOUN
cblr-2902	64	11	crisis	crisis	NOUN
cblr-2902	64	12	,	,	PUNCT
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cblr-2902	64	14	j.	j.	PROPN
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cblr-2902	64	16	.	.	PUNCT
cblr-2902	65	1	persp	persp	PROPN
cblr-2902	65	2	.	.	PUNCT
cblr-2902	66	1	73	73	NUM
cblr-2902	66	2	,	,	PUNCT
cblr-2902	66	3	73	73	NUM
cblr-2902	66	4	-	-	SYM
cblr-2902	66	5	74	74	NUM
cblr-2902	66	6	(	(	PUNCT
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cblr-2902	66	8	)	)	PUNCT
cblr-2902	66	9	(	(	PUNCT
cblr-2902	66	10	"	"	PUNCT
cblr-2902	66	11	george	george	PROPN
cblr-2902	66	12	soros	soros	PROPN
cblr-2902	66	13	,	,	PUNCT
cblr-2902	66	14	the	the	DET
cblr-2902	66	15	prominent	prominent	ADJ
cblr-2902	66	16	hedge	hedge	NOUN
cblr-2902	66	17	fund	fund	NOUN
cblr-2902	66	18	manager	manager	NOUN
cblr-2902	66	19	.	.	PUNCT
cblr-2902	66	20	.	.	PUNCT
cblr-2902	66	21	.	.	PUNCT
cblr-2902	67	1	want[s	want[s	X
cblr-2902	67	2	]	]	X
cblr-2902	68	1	most	most	ADJ
cblr-2902	68	2	or	or	CCONJ
cblr-2902	68	3	all	all	PRON
cblr-2902	68	4	trading	trading	NOUN
cblr-2902	68	5	in	in	ADP
cblr-2902	68	6	credit	credit	NOUN
cblr-2902	68	7	default	default	NOUN
cblr-2902	68	8	swaps	swap	NOUN
cblr-2902	68	9	to	to	PART
cblr-2902	68	10	be	be	AUX
cblr-2902	68	11	banned	ban	VERB
cblr-2902	68	12	.	.	PUNCT
cblr-2902	68	13	"	"	PUNCT
cblr-2902	68	14	)	)	PUNCT
cblr-2902	68	15	.	.	PUNCT
cblr-2902	69	1	professor	professor	NOUN
cblr-2902	69	2	stulz	stulz	PROPN
cblr-2902	69	3	suggests	suggest	VERB
cblr-2902	69	4	that	that	SCONJ
cblr-2902	69	5	credit	credit	NOUN
cblr-2902	69	6	default	default	NOUN
cblr-2902	69	7	swaps	swap	NOUN
cblr-2902	69	8	,	,	PUNCT
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cblr-2902	69	10	those	those	PRON
cblr-2902	69	11	of	of	ADP
cblr-2902	69	12	the	the	DET
cblr-2902	69	13	straight	straight	ADJ
cblr-2902	69	14	-	-	PUNCT
cblr-2902	69	15	forward	forward	NOUN
cblr-2902	69	16	,	,	PUNCT
cblr-2902	69	17	single	single	ADJ
cblr-2902	69	18	-	-	PUNCT
cblr-2902	69	19	name	name	NOUN
cblr-2902	69	20	corporate	corporate	ADJ
cblr-2902	69	21	nature	nature	NOUN
cblr-2902	69	22	that	that	PRON
cblr-2902	69	23	we	we	PRON
cblr-2902	69	24	discuss	discuss	VERB
cblr-2902	69	25	in	in	ADP
cblr-2902	69	26	this	this	DET
cblr-2902	69	27	article	article	NOUN
cblr-2902	69	28	,	,	PUNCT
cblr-2902	69	29	may	may	AUX
cblr-2902	69	30	have	have	AUX
cblr-2902	69	31	been	be	AUX
cblr-2902	69	32	unfairly	unfairly	ADV
cblr-2902	69	33	blamed	blame	VERB
cblr-2902	69	34	for	for	ADP
cblr-2902	69	35	problems	problem	NOUN
cblr-2902	69	36	that	that	PRON
cblr-2902	69	37	originated	originate	VERB
cblr-2902	69	38	in	in	ADP
cblr-2902	69	39	the	the	DET
cblr-2902	69	40	far	far	ADV
cblr-2902	69	41	more	more	ADV
cblr-2902	69	42	complex	complex	ADJ
cblr-2902	69	43	mortgage	mortgage	NOUN
cblr-2902	69	44	derivatives	derivative	NOUN
cblr-2902	69	45	market	market	NOUN
cblr-2902	69	46	.	.	PUNCT
cblr-2902	69	47	'	'	PUNCT
cblr-2902	70	1	see	see	VERB
cblr-2902	70	2	tony	tony	ADJ
cblr-2902	70	3	barber	barber	PROPN
cblr-2902	70	4	,	,	PUNCT
cblr-2902	70	5	markets	market	VERB
cblr-2902	70	6	over	over	ADV
cblr-2902	70	7	-	-	PUNCT
cblr-2902	70	8	reacted	react	VERB
cblr-2902	70	9	to	to	ADP
cblr-2902	70	10	crisis	crisis	NOUN
cblr-2902	70	11	in	in	ADP
cblr-2902	70	12	eurozone	eurozone	NOUN
cblr-2902	70	13	,	,	PUNCT
cblr-2902	70	14	says	say	VERB
cblr-2902	70	15	eu	eu	PROPN
cblr-2902	70	16	president	president	PROPN
cblr-2902	70	17	,	,	PUNCT
cblr-2902	70	18	fin	fin	PROPN
cblr-2902	71	1	.	.	PUNCT
cblr-2902	71	2	times	times	PROPN
cblr-2902	71	3	,	,	PUNCT
cblr-2902	71	4	june	june	PROPN
cblr-2902	71	5	14	14	NUM
cblr-2902	71	6	,	,	PUNCT
cblr-2902	71	7	2010	2010	NUM
cblr-2902	71	8	,	,	PUNCT
cblr-2902	71	9	at	at	ADP
cblr-2902	71	10	3	3	NUM
cblr-2902	71	11	.	.	NOUN
cblr-2902	71	12	122	122	NUM
cblr-2902	72	1	[	[	X
cblr-2902	72	2	vol	vol	NOUN
cblr-2902	72	3	.	.	PUNCT
cblr-2902	72	4	2011	2011	NUM
cblr-2902	72	5	fraudulent	fraudulent	ADJ
cblr-2902	72	6	transfer	transfer	NOUN
cblr-2902	72	7	law	law	NOUN
cblr-2902	72	8	enables	enable	VERB
cblr-2902	72	9	bankruptcy	bankruptcy	NOUN
cblr-2902	72	10	courts	court	NOUN
cblr-2902	72	11	to	to	PART
cblr-2902	72	12	void	void	VERB
cblr-2902	72	13	certain	certain	ADJ
cblr-2902	72	14	pre	pre	ADJ
cblr-2902	72	15	-	-	NOUN
cblr-2902	72	16	petition	petition	NOUN
cblr-2902	72	17	transfers	transfer	NOUN
cblr-2902	72	18	that	that	PRON
cblr-2902	72	19	depleted	deplete	VERB
cblr-2902	72	20	a	a	DET
cblr-2902	72	21	debtor	debtor	NOUN
cblr-2902	72	22	's	's	PART
cblr-2902	72	23	estate	estate	NOUN
cblr-2902	72	24	.	.	PUNCT
cblr-2902	73	1	the	the	DET
cblr-2902	73	2	standard	standard	NOUN
cblr-2902	73	3	of	of	ADP
cblr-2902	73	4	liability	liability	NOUN
cblr-2902	73	5	for	for	ADP
cblr-2902	73	6	constructive	constructive	ADJ
cblr-2902	73	7	fraudulent	fraudulent	ADJ
cblr-2902	73	8	transfer	transfer	NOUN
cblr-2902	73	9	is	be	AUX
cblr-2902	73	10	that	that	SCONJ
cblr-2902	73	11	(	(	PUNCT
cblr-2902	73	12	1	1	X
cblr-2902	73	13	)	)	PUNCT
cblr-2902	73	14	the	the	DET
cblr-2902	73	15	transfer	transfer	NOUN
cblr-2902	73	16	was	be	AUX
cblr-2902	73	17	made	make	VERB
cblr-2902	73	18	for	for	ADP
cblr-2902	73	19	less	less	ADJ
cblr-2902	73	20	than	than	ADP
cblr-2902	73	21	"	"	PUNCT
cblr-2902	73	22	reasonably	reasonably	ADV
cblr-2902	73	23	equivalent	equivalent	ADJ
cblr-2902	73	24	value	value	NOUN
cblr-2902	73	25	,	,	PUNCT
cblr-2902	73	26	"	"	PUNCT
cblr-2902	73	27	and	and	CCONJ
cblr-2902	73	28	(	(	PUNCT
cblr-2902	73	29	2	2	X
cblr-2902	73	30	)	)	PUNCT
cblr-2902	73	31	the	the	DET
cblr-2902	73	32	debtor	debtor	NOUN
cblr-2902	73	33	either	either	CCONJ
cblr-2902	73	34	(	(	PUNCT
cblr-2902	73	35	i	i	NOUN
cblr-2902	73	36	)	)	PUNCT
cblr-2902	73	37	was	be	AUX
cblr-2902	73	38	insolvent	insolvent	ADJ
cblr-2902	73	39	at	at	ADP
cblr-2902	73	40	the	the	DET
cblr-2902	73	41	time	time	NOUN
cblr-2902	73	42	of	of	ADP
cblr-2902	73	43	the	the	DET
cblr-2902	73	44	transfer	transfer	NOUN
cblr-2902	73	45	or	or	CCONJ
cblr-2902	73	46	was	be	AUX
cblr-2902	73	47	rendered	render	VERB
cblr-2902	73	48	insolvent	insolvent	ADJ
cblr-2902	73	49	by	by	ADP
cblr-2902	73	50	the	the	DET
cblr-2902	73	51	transfer	transfer	NOUN
cblr-2902	73	52	;	;	PUNCT
cblr-2902	73	53	(	(	PUNCT
cblr-2902	73	54	ii	ii	NOUN
cblr-2902	73	55	)	)	PUNCT
cblr-2902	73	56	was	be	AUX
cblr-2902	73	57	inadequately	inadequately	ADV
cblr-2902	73	58	capitalized	capitalize	VERB
cblr-2902	73	59	;	;	PUNCT
cblr-2902	73	60	or	or	CCONJ
cblr-2902	73	61	(	(	PUNCT
cblr-2902	73	62	iii	iii	NOUN
cblr-2902	73	63	)	)	PUNCT
cblr-2902	73	64	believed	believe	VERB
cblr-2902	73	65	it	it	PRON
cblr-2902	73	66	would	would	AUX
cblr-2902	73	67	be	be	AUX
cblr-2902	73	68	unable	unable	ADJ
cblr-2902	73	69	to	to	PART
cblr-2902	73	70	pay	pay	VERB
cblr-2902	73	71	its	its	PRON
cblr-2902	73	72	debts	debt	NOUN
cblr-2902	73	73	as	as	SCONJ
cblr-2902	73	74	they	they	PRON
cblr-2902	73	75	matured	mature	VERB
cblr-2902	73	76	.	.	PUNCT
cblr-2902	74	1	fraudulent	fraudulent	ADJ
cblr-2902	74	2	transfer	transfer	NOUN
cblr-2902	74	3	law	law	NOUN
cblr-2902	74	4	fills	fill	VERB
cblr-2902	74	5	an	an	DET
cblr-2902	74	6	important	important	ADJ
cblr-2902	74	7	gap	gap	NOUN
cblr-2902	74	8	in	in	ADP
cblr-2902	74	9	u.s	u.s	PROPN
cblr-2902	74	10	.	.	PROPN
cblr-2902	74	11	regulations	regulation	NOUN
cblr-2902	74	12	of	of	ADP
cblr-2902	74	13	corporations	corporation	NOUN
cblr-2902	74	14	.	.	PUNCT
cblr-2902	75	1	although	although	SCONJ
cblr-2902	75	2	corporate	corporate	ADJ
cblr-2902	75	3	law	law	NOUN
cblr-2902	75	4	makes	make	VERB
cblr-2902	75	5	limited	limited	ADJ
cblr-2902	75	6	liability	liability	NOUN
cblr-2902	75	7	widely	widely	ADV
cblr-2902	75	8	available	available	ADJ
cblr-2902	75	9	and	and	CCONJ
cblr-2902	75	10	inexpensive	inexpensive	ADJ
cblr-2902	75	11	for	for	ADP
cblr-2902	75	12	businesses	business	NOUN
cblr-2902	75	13	,	,	PUNCT
cblr-2902	75	14	'	'	PUNCT
cblr-2902	75	15	it	it	PRON
cblr-2902	75	16	has	have	VERB
cblr-2902	75	17	relatively	relatively	ADV
cblr-2902	75	18	few	few	ADJ
cblr-2902	75	19	mechanisms	mechanism	NOUN
cblr-2902	75	20	to	to	PART
cblr-2902	75	21	prevent	prevent	VERB
cblr-2902	75	22	excessive	excessive	ADJ
cblr-2902	75	23	and	and	CCONJ
cblr-2902	75	24	socially	socially	ADV
cblr-2902	75	25	destructive	destructive	ADJ
cblr-2902	75	26	risk	risk	NOUN
cblr-2902	75	27	taking	taking	NOUN
cblr-2902	75	28	.	.	PUNCT
cblr-2902	76	1	although	although	SCONJ
cblr-2902	76	2	it	it	PRON
cblr-2902	76	3	may	may	AUX
cblr-2902	76	4	seem	seem	VERB
cblr-2902	76	5	sensible	sensible	ADJ
cblr-2902	76	6	to	to	PART
cblr-2902	76	7	enforce	enforce	VERB
cblr-2902	76	8	minimum	minimum	ADJ
cblr-2902	76	9	capital	capital	NOUN
cblr-2902	76	10	requirements	requirement	NOUN
cblr-2902	76	11	before	before	ADP
cblr-2902	76	12	granting	grant	VERB
cblr-2902	76	13	limited	limited	ADJ
cblr-2902	76	14	liability	liability	NOUN
cblr-2902	76	15	,	,	PUNCT
cblr-2902	76	16	such	such	ADJ
cblr-2902	76	17	prospective	prospective	ADJ
cblr-2902	76	18	minimum	minimum	ADJ
cblr-2902	76	19	capital	capital	NOUN
cblr-2902	76	20	regulation	regulation	NOUN
cblr-2902	76	21	is	be	AUX
cblr-2902	76	22	generally	generally	ADV
cblr-2902	76	23	only	only	ADV
cblr-2902	76	24	applied	apply	VERB
cblr-2902	76	25	to	to	ADP
cblr-2902	76	26	firms	firm	NOUN
cblr-2902	76	27	in	in	ADP
cblr-2902	76	28	the	the	DET
cblr-2902	76	29	6	6	NUM
cblr-2902	76	30	11	11	NUM
cblr-2902	76	31	u.s.c	u.s.c	NOUN
cblr-2902	76	32	.	.	PUNCT
cblr-2902	77	1	§	§	PROPN
cblr-2902	77	2	548(a)(1)(b)(ii	548(a)(1)(b)(ii	NUM
cblr-2902	77	3	)	)	PUNCT
cblr-2902	77	4	.	.	PUNCT
cblr-2902	78	1	for	for	ADP
cblr-2902	78	2	the	the	DET
cblr-2902	78	3	sake	sake	NOUN
cblr-2902	78	4	of	of	ADP
cblr-2902	78	5	economy	economy	NOUN
cblr-2902	78	6	,	,	PUNCT
cblr-2902	78	7	we	we	PRON
cblr-2902	78	8	sometimes	sometimes	ADV
cblr-2902	78	9	use	use	VERB
cblr-2902	78	10	the	the	DET
cblr-2902	78	11	words	word	NOUN
cblr-2902	78	12	"	"	PUNCT
cblr-2902	78	13	insolvent	insolvent	ADJ
cblr-2902	78	14	"	"	PUNCT
cblr-2902	78	15	or	or	CCONJ
cblr-2902	78	16	"	"	PUNCT
cblr-2902	78	17	insolvency	insolvency	NOUN
cblr-2902	78	18	"	"	PUNCT
cblr-2902	78	19	in	in	ADP
cblr-2902	78	20	this	this	DET
cblr-2902	78	21	article	article	NOUN
cblr-2902	78	22	to	to	PART
cblr-2902	78	23	refer	refer	VERB
cblr-2902	78	24	to	to	ADP
cblr-2902	78	25	any	any	DET
cblr-2902	78	26	financial	financial	ADJ
cblr-2902	78	27	condition	condition	NOUN
cblr-2902	78	28	that	that	PRON
cblr-2902	78	29	is	be	AUX
cblr-2902	78	30	sufficient	sufficient	ADJ
cblr-2902	78	31	to	to	PART
cblr-2902	78	32	satisfy	satisfy	VERB
cblr-2902	78	33	the	the	DET
cblr-2902	78	34	requirements	requirement	NOUN
cblr-2902	78	35	for	for	ADP
cblr-2902	78	36	fraudulent	fraudulent	ADJ
cblr-2902	78	37	transfer	transfer	NOUN
cblr-2902	78	38	liability	liability	NOUN
cblr-2902	78	39	under	under	ADP
cblr-2902	78	40	the	the	DET
cblr-2902	78	41	bankruptcy	bankruptcy	NOUN
cblr-2902	78	42	code	code	NOUN
cblr-2902	78	43	or	or	CCONJ
cblr-2902	78	44	liability	liability	NOUN
cblr-2902	78	45	under	under	ADP
cblr-2902	78	46	similar	similar	ADJ
cblr-2902	78	47	state	state	NOUN
cblr-2902	78	48	law	law	NOUN
cblr-2902	78	49	fraudulent	fraudulent	ADJ
cblr-2902	78	50	transfer	transfer	NOUN
cblr-2902	78	51	or	or	CCONJ
cblr-2902	78	52	fraudulent	fraudulent	ADJ
cblr-2902	78	53	conveyance	conveyance	NOUN
cblr-2902	78	54	statutes	statute	NOUN
cblr-2902	78	55	.	.	PUNCT
cblr-2902	79	1	our	our	PRON
cblr-2902	79	2	meaning	meaning	NOUN
cblr-2902	79	3	may	may	AUX
cblr-2902	79	4	therefore	therefore	ADV
cblr-2902	79	5	be	be	AUX
cblr-2902	79	6	broader	broad	ADJ
cblr-2902	79	7	than	than	ADP
cblr-2902	79	8	the	the	DET
cblr-2902	79	9	definition	definition	NOUN
cblr-2902	79	10	of	of	ADP
cblr-2902	79	11	"	"	PUNCT
cblr-2902	79	12	insolvency	insolvency	NOUN
cblr-2902	79	13	"	"	PUNCT
cblr-2902	79	14	under	under	ADP
cblr-2902	79	15	the	the	DET
cblr-2902	79	16	bankruptcy	bankruptcy	NOUN
cblr-2902	79	17	code	code	PROPN
cblr-2902	79	18	.	.	PUNCT
cblr-2902	79	19	'	'	PUNCT
cblr-2902	80	1	basic	basic	ADJ
cblr-2902	80	2	incorporation	incorporation	NOUN
cblr-2902	80	3	services	service	NOUN
cblr-2902	80	4	can	can	AUX
cblr-2902	80	5	be	be	AUX
cblr-2902	80	6	purchased	purchase	VERB
cblr-2902	80	7	on	on	ADP
cblr-2902	80	8	the	the	DET
cblr-2902	80	9	internet	internet	NOUN
cblr-2902	80	10	for	for	ADP
cblr-2902	80	11	less	less	ADJ
cblr-2902	80	12	than	than	ADP
cblr-2902	80	13	$	$	SYM
cblr-2902	80	14	200	200	NUM
cblr-2902	80	15	.	.	PUNCT
cblr-2902	81	1	see	see	VERB
cblr-2902	81	2	,	,	PUNCT
cblr-2902	81	3	e.g.	e.g.	ADV
cblr-2902	81	4	,	,	PUNCT
cblr-2902	81	5	incorporate	incorporate	VERB
cblr-2902	81	6	or	or	CCONJ
cblr-2902	81	7	organize	organize	VERB
cblr-2902	81	8	your	your	PRON
cblr-2902	81	9	llc	llc	NOUN
cblr-2902	81	10	online	online	ADV
cblr-2902	81	11	or	or	CCONJ
cblr-2902	81	12	over	over	ADP
cblr-2902	81	13	the	the	DET
cblr-2902	81	14	phone	phone	NOUN
cblr-2902	81	15	,	,	PUNCT
cblr-2902	81	16	amerilawyer.com	amerilawyer.com	X
cblr-2902	81	17	,	,	PUNCT
cblr-2902	81	18	http://www.amerilawyer.com/index-ny.htm	http://www.amerilawyer.com/index-ny.htm	PROPN
cblr-2902	81	19	(	(	PUNCT
cblr-2902	81	20	last	last	ADJ
cblr-2902	81	21	visited	visit	VERB
cblr-2902	81	22	mar	mar	PROPN
cblr-2902	81	23	.	.	PROPN
cblr-2902	81	24	4	4	NUM
cblr-2902	81	25	,	,	PUNCT
cblr-2902	81	26	2011	2011	NUM
cblr-2902	81	27	)	)	PUNCT
cblr-2902	81	28	(	(	PUNCT
cblr-2902	81	29	"	"	PUNCT
cblr-2902	81	30	every	every	DET
cblr-2902	81	31	corporation	corporation	NOUN
cblr-2902	81	32	or	or	CCONJ
cblr-2902	81	33	llc	llc	NOUN
cblr-2902	81	34	is	be	AUX
cblr-2902	81	35	priced	price	VERB
cblr-2902	81	36	at	at	ADP
cblr-2902	81	37	just	just	ADV
cblr-2902	81	38	$	$	SYM
cblr-2902	81	39	29.95	29.95	NUM
cblr-2902	81	40	above	above	ADP
cblr-2902	81	41	the	the	DET
cblr-2902	81	42	lowest	low	ADJ
cblr-2902	81	43	possible	possible	ADJ
cblr-2902	81	44	state	state	NOUN
cblr-2902	81	45	filing	filing	NOUN
cblr-2902	81	46	fee	fee	NOUN
cblr-2902	81	47	for	for	ADP
cblr-2902	81	48	the	the	DET
cblr-2902	81	49	particular	particular	ADJ
cblr-2902	81	50	state	state	NOUN
cblr-2902	81	51	in	in	ADP
cblr-2902	81	52	which	which	PRON
cblr-2902	81	53	you	you	PRON
cblr-2902	81	54	are	be	AUX
cblr-2902	81	55	forming	form	VERB
cblr-2902	81	56	your	your	PRON
cblr-2902	81	57	company	company	NOUN
cblr-2902	81	58	.	.	PUNCT
cblr-2902	81	59	"	"	PUNCT
cblr-2902	81	60	)	)	PUNCT
cblr-2902	81	61	.	.	PUNCT
cblr-2902	82	1	the	the	DET
cblr-2902	82	2	website	website	NOUN
cblr-2902	82	3	lists	list	VERB
cblr-2902	82	4	an	an	DET
cblr-2902	82	5	all	all	ADV
cblr-2902	82	6	-	-	PUNCT
cblr-2902	82	7	inclusive	inclusive	ADJ
cblr-2902	82	8	price	price	NOUN
cblr-2902	82	9	of	of	ADP
cblr-2902	82	10	$	$	SYM
cblr-2902	82	11	118.95	118.95	NUM
cblr-2902	82	12	to	to	PART
cblr-2902	82	13	incorporate	incorporate	VERB
cblr-2902	82	14	a	a	DET
cblr-2902	82	15	delaware	delaware	PROPN
cblr-2902	82	16	for	for	ADP
cblr-2902	82	17	-	-	PUNCT
cblr-2902	82	18	profit	profit	NOUN
cblr-2902	82	19	corporation	corporation	NOUN
cblr-2902	82	20	.	.	PUNCT
cblr-2902	83	1	delaware	delaware	PROPN
cblr-2902	83	2	for	for	ADP
cblr-2902	83	3	profit	profit	NOUN
cblr-2902	83	4	corporation	corporation	NOUN
cblr-2902	83	5	fact	fact	NOUN
cblr-2902	83	6	sheet	sheet	NOUN
cblr-2902	83	7	,	,	PUNCT
cblr-2902	83	8	ameri-lawyer.com	ameri-lawyer.com	X
cblr-2902	83	9	,	,	PUNCT
cblr-2902	83	10	https://www.amerilawyerorders.com/lawyer/factsheet-forprofit.aspx	https://www.amerilawyerorders.com/lawyer/factsheet-forprofit.aspx	X
cblr-2902	83	11	(	(	PUNCT
cblr-2902	83	12	last	last	ADV
cblr-2902	83	13	visited	visit	VERB
cblr-2902	83	14	mar	mar	PROPN
cblr-2902	83	15	.	.	PROPN
cblr-2902	83	16	4	4	NUM
cblr-2902	83	17	,	,	PUNCT
cblr-2902	83	18	2011	2011	NUM
cblr-2902	83	19	)	)	PUNCT
cblr-2902	83	20	.	.	PUNCT
cblr-2902	84	1	tax	tax	NOUN
cblr-2902	84	2	burdens	burden	NOUN
cblr-2902	84	3	historically	historically	ADV
cblr-2902	84	4	associated	associate	VERB
cblr-2902	84	5	with	with	ADP
cblr-2902	84	6	limited	limited	ADJ
cblr-2902	84	7	liability	liability	NOUN
cblr-2902	84	8	have	have	AUX
cblr-2902	84	9	also	also	ADV
cblr-2902	84	10	declined	decline	VERB
cblr-2902	84	11	because	because	SCONJ
cblr-2902	84	12	of	of	ADP
cblr-2902	84	13	changes	change	NOUN
cblr-2902	84	14	to	to	ADP
cblr-2902	84	15	the	the	DET
cblr-2902	84	16	tax	tax	NOUN
cblr-2902	84	17	code	code	NOUN
cblr-2902	84	18	and	and	CCONJ
cblr-2902	84	19	newer	new	ADJ
cblr-2902	84	20	structures	structure	NOUN
cblr-2902	84	21	,	,	PUNCT
cblr-2902	84	22	such	such	ADJ
cblr-2902	84	23	as	as	ADP
cblr-2902	84	24	limited	limited	ADJ
cblr-2902	84	25	liability	liability	NOUN
cblr-2902	84	26	companies	company	NOUN
cblr-2902	84	27	.	.	PUNCT
cblr-2902	85	1	see	see	VERB
cblr-2902	85	2	rebecca	rebecca	PROPN
cblr-2902	85	3	j.	j.	PROPN
cblr-2902	85	4	huss	huss	PROPN
cblr-2902	85	5	,	,	PUNCT
cblr-2902	85	6	revamping	revamp	VERB
cblr-2902	85	7	veil	veil	NOUN
cblr-2902	85	8	piercing	pierce	VERB
cblr-2902	85	9	for	for	ADP
cblr-2902	85	10	all	all	DET
cblr-2902	85	11	limited	limited	ADJ
cblr-2902	85	12	liability	liability	NOUN
cblr-2902	85	13	entities	entity	NOUN
cblr-2902	85	14	:	:	PUNCT
cblr-2902	85	15	forcing	force	VERB
cblr-2902	85	16	the	the	DET
cblr-2902	85	17	common	common	ADJ
cblr-2902	85	18	law	law	NOUN
cblr-2902	85	19	doctrine	doctrine	NOUN
cblr-2902	85	20	into	into	ADP
cblr-2902	85	21	the	the	DET
cblr-2902	85	22	statutory	statutory	ADJ
cblr-2902	85	23	age	age	NOUN
cblr-2902	85	24	,	,	PUNCT
cblr-2902	85	25	70	70	NUM
cblr-2902	85	26	u.	u.	NOUN
cblr-2902	85	27	cin	cin	PROPN
cblr-2902	85	28	.	.	PUNCT
cblr-2902	86	1	l.	l.	PROPN
cblr-2902	86	2	rev	rev	PROPN
cblr-2902	86	3	.	.	PROPN
cblr-2902	86	4	95	95	NUM
cblr-2902	86	5	,	,	PUNCT
cblr-2902	86	6	97	97	NUM
cblr-2902	86	7	-	-	SYM
cblr-2902	86	8	98	98	NUM
cblr-2902	86	9	(	(	PUNCT
cblr-2902	86	10	2001	2001	NUM
cblr-2902	86	11	)	)	PUNCT
cblr-2902	86	12	.	.	PUNCT
cblr-2902	87	1	leveraged	leverage	VERB
cblr-2902	87	2	buyout	buyout	NOUN
cblr-2902	87	3	bankruptcies	bankruptcy	NOUN
cblr-2902	87	4	123no	123no	VERB
cblr-2902	87	5	.	.	PUNCT
cblr-2902	88	1	1	1	NUM
cblr-2902	88	2	:	:	SYM
cblr-2902	88	3	1181	1181	NUM
cblr-2902	88	4	financial	financial	ADJ
cblr-2902	88	5	sector	sector	NOUN
cblr-2902	88	6	.	.	PUNCT
cblr-2902	89	1	for	for	ADP
cblr-2902	89	2	most	most	ADJ
cblr-2902	89	3	other	other	ADJ
cblr-2902	89	4	firms	firm	NOUN
cblr-2902	89	5	,	,	PUNCT
cblr-2902	89	6	fraudulent	fraudulent	ADJ
cblr-2902	89	7	transfer	transfer	NOUN
cblr-2902	89	8	law	law	NOUN
cblr-2902	89	9	is	be	AUX
cblr-2902	89	10	the	the	DET
cblr-2902	89	11	closest	close	ADJ
cblr-2902	89	12	thing	thing	NOUN
cblr-2902	89	13	to	to	ADP
cblr-2902	89	14	a	a	DET
cblr-2902	89	15	minimum	minimum	ADJ
cblr-2902	89	16	capital	capital	NOUN
cblr-2902	89	17	requirement	requirement	NOUN
cblr-2902	89	18	.	.	PUNCT
cblr-2902	90	1	important	important	ADJ
cblr-2902	90	2	counterparties	counterpartie	NOUN
cblr-2902	90	3	can	can	AUX
cblr-2902	90	4	pressure	pressure	VERB
cblr-2902	90	5	the	the	DET
cblr-2902	90	6	debtor	debtor	NOUN
cblr-2902	90	7	corporation	corporation	NOUN
cblr-2902	90	8	to	to	PART
cblr-2902	90	9	raise	raise	VERB
cblr-2902	90	10	capital	capital	NOUN
cblr-2902	90	11	in	in	ADP
cblr-2902	90	12	order	order	NOUN
cblr-2902	90	13	to	to	PART
cblr-2902	90	14	resume	resume	VERB
cblr-2902	90	15	business	business	NOUN
cblr-2902	90	16	if	if	SCONJ
cblr-2902	90	17	they	they	PRON
cblr-2902	90	18	determine	determine	VERB
cblr-2902	90	19	that	that	SCONJ
cblr-2902	90	20	the	the	DET
cblr-2902	90	21	risk	risk	NOUN
cblr-2902	90	22	of	of	ADP
cblr-2902	90	23	fraudulent	fraudulent	ADJ
cblr-2902	90	24	transfer	transfer	NOUN
cblr-2902	90	25	liability	liability	NOUN
cblr-2902	90	26	is	be	AUX
cblr-2902	90	27	too	too	ADV
cblr-2902	90	28	high	high	ADJ
cblr-2902	90	29	.	.	PUNCT
cblr-2902	91	1	fraudulent	fraudulent	ADJ
cblr-2902	91	2	transfer	transfer	NOUN
cblr-2902	91	3	law	law	NOUN
cblr-2902	91	4	'	'	PART
cblr-2902	91	5	forces	force	NOUN
cblr-2902	91	6	parties	party	NOUN
cblr-2902	91	7	who	who	PRON
cblr-2902	91	8	deal	deal	VERB
cblr-2902	91	9	with	with	ADP
cblr-2902	91	10	financially	financially	ADV
cblr-2902	91	11	vulnerable	vulnerable	ADJ
cblr-2902	91	12	institutions	institution	NOUN
cblr-2902	91	13	to	to	PART
cblr-2902	91	14	tread	tread	VERB
cblr-2902	91	15	cautiously	cautiously	ADV
cblr-2902	91	16	.	.	PUNCT
cblr-2902	91	17	'o	'o	PUNCT
cblr-2902	91	18	there	there	PRON
cblr-2902	91	19	has	have	AUX
cblr-2902	91	20	recently	recently	ADV
cblr-2902	91	21	been	be	AUX
cblr-2902	91	22	a	a	DET
cblr-2902	91	23	surge	surge	NOUN
cblr-2902	91	24	in	in	ADP
cblr-2902	91	25	fraudulent	fraudulent	ADJ
cblr-2902	91	26	transfer	transfer	NOUN
cblr-2902	91	27	litigation	litigation	NOUN
cblr-2902	91	28	.	.	PUNCT
cblr-2902	91	29	'	'	PUNCT
cblr-2902	92	1	during	during	ADP
cblr-2902	92	2	the	the	DET
cblr-2902	92	3	credit	credit	NOUN
cblr-2902	92	4	boom	boom	NOUN
cblr-2902	92	5	that	that	PRON
cblr-2902	92	6	started	start	VERB
cblr-2902	92	7	in	in	ADP
cblr-2902	92	8	2003	2003	NUM
cblr-2902	92	9	and	and	CCONJ
cblr-2902	92	10	peaked	peak	VERB
cblr-2902	92	11	in	in	ADP
cblr-2902	92	12	2007	2007	NUM
cblr-2902	92	13	,	,	PUNCT
cblr-2902	92	14	banks	bank	NOUN
cblr-2902	92	15	issued	issue	VERB
cblr-2902	92	16	a	a	DET
cblr-2902	92	17	remarkable	remarkable	ADJ
cblr-2902	92	18	volume	volume	NOUN
cblr-2902	92	19	of	of	ADP
cblr-2902	92	20	loans	loan	NOUN
cblr-2902	92	21	and	and	CCONJ
cblr-2902	92	22	bonds	bond	NOUN
cblr-2902	92	23	,	,	PUNCT
cblr-2902	92	24	and	and	CCONJ
cblr-2902	92	25	an	an	DET
cblr-2902	92	26	astounding	astounding	ADJ
cblr-2902	92	27	volume	volume	NOUN
cblr-2902	92	28	of	of	ADP
cblr-2902	92	29	highly	highly	ADV
cblr-2902	92	30	leveraged	leverage	VERB
cblr-2902	92	31	transactions	transaction	NOUN
cblr-2902	92	32	were	be	AUX
cblr-2902	92	33	financed	finance	VERB
cblr-2902	92	34	.	.	PUNCT
cblr-2902	93	1	2	2	NUM
cblr-2902	93	2	as	as	SCONJ
cblr-2902	93	3	these	these	DET
cblr-2902	93	4	debts	debt	NOUN
cblr-2902	93	5	become	become	VERB
cblr-2902	93	6	due	due	ADJ
cblr-2902	93	7	and	and	CCONJ
cblr-2902	93	8	financially	financially	ADV
cblr-2902	93	9	strapped	strap	VERB
cblr-2902	93	10	businesses	business	NOUN
cblr-2902	93	11	struggle	struggle	VERB
cblr-2902	93	12	to	to	ADP
cblr-2902	93	13	refinance	refinance	NOUN
cblr-2902	93	14	,	,	PUNCT
cblr-2902	93	15	the	the	DET
cblr-2902	93	16	result	result	NOUN
cblr-2902	93	17	will	will	AUX
cblr-2902	93	18	almost	almost	ADV
cblr-2902	93	19	certainly	certainly	ADV
cblr-2902	93	20	be	be	AUX
cblr-2902	93	21	a	a	DET
cblr-2902	93	22	wave	wave	NOUN
cblr-2902	93	23	of	of	ADP
cblr-2902	93	24	defaults	default	NOUN
cblr-2902	93	25	,	,	PUNCT
cblr-2902	93	26	8	8	NUM
cblr-2902	93	27	douglas	douglas	PROPN
cblr-2902	93	28	g.	g.	PROPN
cblr-2902	93	29	baird	baird	PROPN
cblr-2902	93	30	,	,	PUNCT
cblr-2902	93	31	legal	legal	ADJ
cblr-2902	93	32	approaches	approach	NOUN
cblr-2902	93	33	to	to	ADP
cblr-2902	93	34	restricting	restrict	VERB
cblr-2902	93	35	distributions	distribution	NOUN
cblr-2902	93	36	to	to	ADP
cblr-2902	93	37	shareholders	shareholder	NOUN
cblr-2902	93	38	:	:	PUNCT
cblr-2902	93	39	the	the	DET
cblr-2902	93	40	role	role	NOUN
cblr-2902	93	41	of	of	ADP
cblr-2902	93	42	fraudulent	fraudulent	ADJ
cblr-2902	93	43	transfer	transfer	NOUN
cblr-2902	93	44	law	law	NOUN
cblr-2902	93	45	,	,	PUNCT
cblr-2902	93	46	7	7	NUM
cblr-2902	93	47	eur	eur	NOUN
cblr-2902	93	48	.	.	PUNCT
cblr-2902	94	1	bus	bus	NOUN
cblr-2902	94	2	.	.	PUNCT
cblr-2902	95	1	org	org	PROPN
cblr-2902	95	2	.	.	PUNCT
cblr-2902	96	1	l.	l.	PROPN
cblr-2902	96	2	rev	rev	PROPN
cblr-2902	96	3	.	.	PROPN
cblr-2902	96	4	201	201	NUM
cblr-2902	96	5	,	,	PUNCT
cblr-2902	96	6	205	205	NUM
cblr-2902	96	7	(	(	PUNCT
cblr-2902	96	8	2006	2006	NUM
cblr-2902	96	9	)	)	PUNCT
cblr-2902	96	10	;	;	PUNCT
cblr-2902	96	11	see	see	VERB
cblr-2902	96	12	generally	generally	ADV
cblr-2902	96	13	bruce	bruce	PROPN
cblr-2902	96	14	a.	a.	NOUN
cblr-2902	96	15	markell	markell	PROPN
cblr-2902	96	16	,	,	PUNCT
cblr-2902	96	17	toward	toward	ADP
cblr-2902	96	18	true	true	ADJ
cblr-2902	96	19	and	and	CCONJ
cblr-2902	96	20	plain	plain	ADJ
cblr-2902	96	21	dealing	dealing	NOUN
cblr-2902	96	22	:	:	PUNCT
cblr-2902	96	23	a	a	DET
cblr-2902	96	24	theory	theory	NOUN
cblr-2902	96	25	of	of	ADP
cblr-2902	96	26	fraudulent	fraudulent	ADJ
cblr-2902	96	27	transfers	transfer	NOUN
cblr-2902	96	28	involving	involve	VERB
cblr-2902	96	29	unreasonably	unreasonably	ADV
cblr-2902	96	30	small	small	ADJ
cblr-2902	96	31	capital	capital	NOUN
cblr-2902	96	32	,	,	PUNCT
cblr-2902	96	33	21	21	NUM
cblr-2902	96	34	ind	ind	NOUN
cblr-2902	96	35	.	.	PUNCT
cblr-2902	97	1	l.	l.	PROPN
cblr-2902	97	2	rev	rev	PROPN
cblr-2902	97	3	.	.	PROPN
cblr-2902	97	4	469,497	469,497	NUM
cblr-2902	97	5	-	-	SYM
cblr-2902	97	6	98	98	NUM
cblr-2902	97	7	(	(	PUNCT
cblr-2902	97	8	1988	1988	NUM
cblr-2902	97	9	)	)	PUNCT
cblr-2902	97	10	.	.	PUNCT
cblr-2902	98	1	9	9	NUM
cblr-2902	98	2	at	at	ADP
cblr-2902	98	3	various	various	ADJ
cblr-2902	98	4	points	point	NOUN
cblr-2902	98	5	in	in	ADP
cblr-2902	98	6	this	this	DET
cblr-2902	98	7	article	article	NOUN
cblr-2902	98	8	,	,	PUNCT
cblr-2902	98	9	we	we	PRON
cblr-2902	98	10	use	use	VERB
cblr-2902	98	11	"	"	PUNCT
cblr-2902	98	12	fraudulent	fraudulent	ADJ
cblr-2902	98	13	transfer	transfer	NOUN
cblr-2902	98	14	"	"	PUNCT
cblr-2902	98	15	to	to	PART
cblr-2902	98	16	mean	mean	VERB
cblr-2902	98	17	both	both	DET
cblr-2902	98	18	"	"	PUNCT
cblr-2902	98	19	fraudulent	fraudulent	ADJ
cblr-2902	98	20	transfer	transfer	NOUN
cblr-2902	98	21	"	"	PUNCT
cblr-2902	98	22	and	and	CCONJ
cblr-2902	98	23	"	"	PUNCT
cblr-2902	98	24	fraudulent	fraudulent	ADJ
cblr-2902	98	25	conveyance	conveyance	NOUN
cblr-2902	98	26	"	"	PUNCT
cblr-2902	98	27	because	because	SCONJ
cblr-2902	98	28	the	the	DET
cblr-2902	98	29	standards	standard	NOUN
cblr-2902	98	30	of	of	ADP
cblr-2902	98	31	liability	liability	NOUN
cblr-2902	98	32	and	and	CCONJ
cblr-2902	98	33	the	the	DET
cblr-2902	98	34	available	available	ADJ
cblr-2902	98	35	remedies	remedy	NOUN
cblr-2902	98	36	are	be	AUX
cblr-2902	98	37	similar	similar	ADJ
cblr-2902	98	38	.	.	PUNCT
cblr-2902	99	1	'	'	X
cblr-2902	99	2	0	0	NUM
cblr-2902	100	1	henry	henry	PROPN
cblr-2902	100	2	f.	f.	PROPN
cblr-2902	100	3	owsley	owsley	PROPN
cblr-2902	100	4	&	&	CCONJ
cblr-2902	100	5	peter	peter	PROPN
cblr-2902	100	6	s.	s.	PROPN
cblr-2902	100	7	kaufman	kaufman	PROPN
cblr-2902	100	8	,	,	PUNCT
cblr-2902	100	9	distressed	distressed	ADJ
cblr-2902	100	10	investment	investment	NOUN
cblr-2902	100	11	banking	banking	NOUN
cblr-2902	100	12	:	:	PUNCT
cblr-2902	100	13	to	to	ADP
cblr-2902	100	14	the	the	DET
cblr-2902	100	15	abyss	abyss	NOUN
cblr-2902	100	16	and	and	CCONJ
cblr-2902	100	17	back	back	ADV
cblr-2902	100	18	100	100	NUM
cblr-2902	100	19	(	(	PUNCT
cblr-2902	100	20	2005	2005	NUM
cblr-2902	100	21	)	)	PUNCT
cblr-2902	100	22	(	(	PUNCT
cblr-2902	100	23	illustrating	illustrate	VERB
cblr-2902	100	24	the	the	DET
cblr-2902	100	25	importance	importance	NOUN
cblr-2902	100	26	for	for	ADP
cblr-2902	100	27	counterparties	counterpartie	NOUN
cblr-2902	100	28	who	who	PRON
cblr-2902	100	29	deal	deal	VERB
cblr-2902	100	30	with	with	ADP
cblr-2902	100	31	financially	financially	ADV
cblr-2902	100	32	distressed	distressed	ADJ
cblr-2902	100	33	institutions	institution	NOUN
cblr-2902	100	34	to	to	PART
cblr-2902	100	35	be	be	AUX
cblr-2902	100	36	cognizant	cognizant	ADJ
cblr-2902	100	37	of	of	ADP
cblr-2902	100	38	fraudulent	fraudulent	ADJ
cblr-2902	100	39	transfer	transfer	NOUN
cblr-2902	100	40	law	law	NOUN
cblr-2902	100	41	's	's	PART
cblr-2902	100	42	impacts	impact	NOUN
cblr-2902	100	43	and	and	CCONJ
cblr-2902	100	44	noting	note	VERB
cblr-2902	100	45	the	the	DET
cblr-2902	100	46	risks	risk	NOUN
cblr-2902	100	47	to	to	ADP
cblr-2902	100	48	counterparties	counterpartie	NOUN
cblr-2902	100	49	of	of	ADP
cblr-2902	100	50	a	a	DET
cblr-2902	100	51	highly	highly	ADV
cblr-2902	100	52	leveraged	leverage	VERB
cblr-2902	100	53	business	business	NOUN
cblr-2902	100	54	's	's	PART
cblr-2902	100	55	potential	potential	ADJ
cblr-2902	100	56	insolvency	insolvency	NOUN
cblr-2902	100	57	)	)	PUNCT
cblr-2902	100	58	;	;	PUNCT
cblr-2902	100	59	corinne	corinne	PROPN
cblr-2902	100	60	ball	ball	PROPN
cblr-2902	100	61	,	,	PUNCT
cblr-2902	100	62	asset	asset	NOUN
cblr-2902	100	63	dispositions	disposition	NOUN
cblr-2902	100	64	in	in	ADP
cblr-2902	100	65	chapter	chapter	NOUN
cblr-2902	100	66	11	11	NUM
cblr-2902	100	67	:	:	PUNCT
cblr-2902	100	68	whether	whether	SCONJ
cblr-2902	100	69	to	to	PART
cblr-2902	100	70	sell	sell	VERB
cblr-2902	100	71	through	through	ADP
cblr-2902	100	72	section	section	NOUN
cblr-2902	100	73	363	363	NUM
cblr-2902	100	74	or	or	CCONJ
cblr-2902	100	75	a	a	DET
cblr-2902	100	76	plan	plan	NOUN
cblr-2902	100	77	of	of	ADP
cblr-2902	100	78	reorganization	reorganization	NOUN
cblr-2902	100	79	,	,	PUNCT
cblr-2902	100	80	in	in	ADP
cblr-2902	100	81	navigating	navigate	VERB
cblr-2902	100	82	today	today	NOUN
cblr-2902	100	83	's	's	PART
cblr-2902	100	84	environment	environment	NOUN
cblr-2902	100	85	:	:	PUNCT
cblr-2902	100	86	the	the	DET
cblr-2902	100	87	directors	director	NOUN
cblr-2902	100	88	'	'	PART
cblr-2902	100	89	and	and	CCONJ
cblr-2902	100	90	officers	officer	NOUN
cblr-2902	100	91	'	'	PART
cblr-2902	100	92	guide	guide	NOUN
cblr-2902	100	93	to	to	ADP
cblr-2902	100	94	restructuring	restructure	VERB
cblr-2902	100	95	251	251	NUM
cblr-2902	100	96	,	,	PUNCT
cblr-2902	100	97	251	251	NUM
cblr-2902	100	98	(	(	PUNCT
cblr-2902	100	99	john	john	PROPN
cblr-2902	100	100	wm	wm	PROPN
cblr-2902	100	101	.	.	PROPN
cblr-2902	100	102	butler	butler	PROPN
cblr-2902	100	103	,	,	PUNCT
cblr-2902	100	104	jr	jr	PROPN
cblr-2902	100	105	.	.	PROPN
cblr-2902	100	106	&	&	CCONJ
cblr-2902	100	107	nigel	nigel	PROPN
cblr-2902	100	108	page	page	PROPN
cblr-2902	100	109	eds	eds	PROPN
cblr-2902	100	110	.	.	PROPN
cblr-2902	100	111	,	,	PUNCT
cblr-2902	100	112	2010	2010	NUM
cblr-2902	100	113	)	)	PUNCT
cblr-2902	101	1	(	(	PUNCT
cblr-2902	101	2	noting	note	VERB
cblr-2902	101	3	that	that	SCONJ
cblr-2902	101	4	transactions	transaction	NOUN
cblr-2902	101	5	with	with	ADP
cblr-2902	101	6	financially	financially	ADV
cblr-2902	101	7	troubled	trouble	VERB
cblr-2902	101	8	firms	firm	NOUN
cblr-2902	101	9	should	should	AUX
cblr-2902	101	10	be	be	AUX
cblr-2902	101	11	"	"	PUNCT
cblr-2902	101	12	closely	closely	ADV
cblr-2902	101	13	scrutinized	scrutinize	VERB
cblr-2902	101	14	"	"	PUNCT
cblr-2902	101	15	because	because	SCONJ
cblr-2902	101	16	of	of	ADP
cblr-2902	101	17	potential	potential	ADJ
cblr-2902	101	18	fraudulent	fraudulent	ADJ
cblr-2902	101	19	transfer	transfer	NOUN
cblr-2902	101	20	risk	risk	NOUN
cblr-2902	101	21	)	)	PUNCT
cblr-2902	101	22	.	.	PUNCT
cblr-2902	102	1	"	"	PUNCT
cblr-2902	102	2	there	there	PRON
cblr-2902	102	3	have	have	AUX
cblr-2902	102	4	already	already	ADV
cblr-2902	102	5	been	be	AUX
cblr-2902	102	6	several	several	ADJ
cblr-2902	102	7	major	major	ADJ
cblr-2902	102	8	cases	case	NOUN
cblr-2902	102	9	brought	bring	VERB
cblr-2902	102	10	and	and	CCONJ
cblr-2902	102	11	the	the	DET
cblr-2902	102	12	data	datum	NOUN
cblr-2902	102	13	suggest	suggest	VERB
cblr-2902	102	14	that	that	SCONJ
cblr-2902	102	15	there	there	PRON
cblr-2902	102	16	are	be	VERB
cblr-2902	102	17	far	far	ADV
cblr-2902	102	18	more	more	ADJ
cblr-2902	102	19	in	in	ADP
cblr-2902	102	20	store	store	NOUN
cblr-2902	102	21	.	.	PUNCT
cblr-2902	103	1	see	see	VERB
cblr-2902	103	2	,	,	PUNCT
cblr-2902	103	3	e.g.	e.g.	ADV
cblr-2902	103	4	,	,	PUNCT
cblr-2902	103	5	in	in	ADP
cblr-2902	103	6	re	re	PROPN
cblr-2902	103	7	tribune	tribune	PROPN
cblr-2902	103	8	co.	co.	PROPN
cblr-2902	103	9	,	,	PUNCT
cblr-2902	103	10	418	418	NUM
cblr-2902	103	11	b.r	b.r	PROPN
cblr-2902	103	12	.	.	PROPN
cblr-2902	103	13	116	116	NUM
cblr-2902	103	14	(	(	PUNCT
cblr-2902	103	15	bankr	bankr	VERB
cblr-2902	103	16	.	.	PUNCT
cblr-2902	104	1	d.	d.	PROPN
cblr-2902	104	2	del	del	PROPN
cblr-2902	104	3	.	.	PROPN
cblr-2902	104	4	2009	2009	NUM
cblr-2902	104	5	)	)	PUNCT
cblr-2902	104	6	;	;	PUNCT
cblr-2902	104	7	in	in	ADP
cblr-2902	104	8	re	re	NOUN
cblr-2902	104	9	tousa	tousa	PROPN
cblr-2902	104	10	,	,	PUNCT
cblr-2902	104	11	inc	inc	PROPN
cblr-2902	104	12	.	.	PROPN
cblr-2902	104	13	,	,	PUNCT
cblr-2902	104	14	nos	nos	PROPN
cblr-2902	104	15	.	.	PROPN
cblr-2902	104	16	10	10	NUM
cblr-2902	104	17	-	-	PUNCT
cblr-2902	104	18	60017ci	60017ci	ADJ
cblr-2902	104	19	/	/	SYM
cblr-2902	104	20	gold	gold	NOUN
cblr-2902	104	21	,	,	PUNCT
cblr-2902	104	22	10	10	NUM
cblr-2902	104	23	-	-	SYM
cblr-2902	104	24	61478	61478	NUM
cblr-2902	104	25	,	,	PUNCT
cblr-2902	104	26	10	10	NUM
cblr-2902	104	27	-	-	SYM
cblr-2902	104	28	62032	62032	NUM
cblr-2902	104	29	,	,	PUNCT
cblr-2902	104	30	10	10	NUM
cblr-2902	104	31	-	-	SYM
cblr-2902	104	32	62035	62035	NUM
cblr-2902	104	33	,	,	PUNCT
cblr-2902	104	34	10	10	NUM
cblr-2902	104	35	-	-	SYM
cblr-2902	104	36	62037	62037	NUM
cblr-2902	104	37	,	,	PUNCT
cblr-2902	104	38	2011	2011	NUM
cblr-2902	104	39	wl	wl	SYM
cblr-2902	104	40	522008	522008	NUM
cblr-2902	104	41	(	(	PUNCT
cblr-2902	104	42	s.d	s.d	PROPN
cblr-2902	104	43	.	.	PROPN
cblr-2902	104	44	fla	fla	PROPN
cblr-2902	104	45	.	.	PUNCT
cblr-2902	105	1	feb	feb	PROPN
cblr-2902	105	2	.	.	PROPN
cblr-2902	105	3	11	11	NUM
cblr-2902	105	4	,	,	PUNCT
cblr-2902	105	5	2011	2011	NUM
cblr-2902	105	6	)	)	PUNCT
cblr-2902	105	7	;	;	PUNCT
cblr-2902	105	8	and	and	CCONJ
cblr-2902	105	9	complaint	complaint	NOUN
cblr-2902	105	10	of	of	ADP
cblr-2902	105	11	the	the	DET
cblr-2902	105	12	official	official	ADJ
cblr-2902	105	13	committee	committee	NOUN
cblr-2902	105	14	of	of	ADP
cblr-2902	105	15	unsecured	unsecured	ADJ
cblr-2902	105	16	creditors	creditor	NOUN
cblr-2902	105	17	of	of	ADP
cblr-2902	105	18	lyondell	lyondell	PROPN
cblr-2902	105	19	chemical	chemical	PROPN
cblr-2902	105	20	co.	co.	PROPN
cblr-2902	105	21	,	,	PUNCT
cblr-2902	105	22	in	in	ADP
cblr-2902	105	23	re	re	X
cblr-2902	105	24	lyondell	lyondell	PROPN
cblr-2902	105	25	chemical	chemical	PROPN
cblr-2902	105	26	co.	co.	PROPN
cblr-2902	105	27	,	,	PUNCT
cblr-2902	105	28	no	no	INTJ
cblr-2902	105	29	.	.	NOUN
cblr-2902	105	30	09	09	NUM
cblr-2902	105	31	-	-	SYM
cblr-2902	105	32	10023	10023	NUM
cblr-2902	105	33	(	(	PUNCT
cblr-2902	105	34	reg	reg	NOUN
cblr-2902	105	35	)	)	PUNCT
cblr-2902	105	36	,	,	PUNCT
cblr-2902	105	37	2009	2009	NUM
cblr-2902	105	38	wl	wl	SYM
cblr-2902	105	39	2350776	2350776	NUM
cblr-2902	105	40	(	(	PUNCT
cblr-2902	105	41	bankr	bankr	PROPN
cblr-2902	105	42	.	.	PUNCT
cblr-2902	106	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	106	2	.	.	PROPN
cblr-2902	107	1	july	july	PROPN
cblr-2902	107	2	22	22	NUM
cblr-2902	107	3	,	,	PUNCT
cblr-2902	107	4	2009	2009	NUM
cblr-2902	107	5	)	)	PUNCT
cblr-2902	107	6	.	.	PUNCT
cblr-2902	108	1	12	12	NUM
cblr-2902	108	2	see	see	VERB
cblr-2902	108	3	infra	infra	NOUN
cblr-2902	108	4	figure	figure	NOUN
cblr-2902	108	5	1	1	NUM
cblr-2902	108	6	and	and	CCONJ
cblr-2902	108	7	accompanying	accompany	VERB
cblr-2902	108	8	text	text	NOUN
cblr-2902	108	9	.	.	PUNCT
cblr-2902	109	1	col	col	PROPN
cblr-2902	109	2	um81a	um81a	PROPN
cblr-2902	110	1	b	b	PROPN
cblr-2902	110	2	usiness	usiness	PROPN
cblr-2902	110	3	la	la	PROPN
cblr-2902	110	4	w	w	PROPN
cblr-2902	110	5	re	re	X
cblr-2902	110	6	vie	vie	PROPN
cblr-2902	110	7	w124	w124	PROPN
cblr-2902	111	1	[	[	X
cblr-2902	111	2	vol	vol	NOUN
cblr-2902	111	3	.	.	PUNCT
cblr-2902	111	4	2011	2011	NUM
cblr-2902	111	5	leveraged	leverage	VERB
cblr-2902	111	6	buyout	buyout	NOUN
cblr-2902	111	7	bankruptcies	bankruptcy	NOUN
cblr-2902	111	8	bankruptcies	bankruptcy	NOUN
cblr-2902	111	9	,	,	PUNCT
cblr-2902	111	10	and	and	CCONJ
cblr-2902	111	11	intercreditor	intercreditor	NOUN
cblr-2902	111	12	disputes	dispute	NOUN
cblr-2902	111	13	-	-	PUNCT
cblr-2902	111	14	including	include	VERB
cblr-2902	111	15	fraudulent	fraudulent	ADJ
cblr-2902	111	16	transfer	transfer	NOUN
cblr-2902	111	17	litigation	litigation	NOUN
cblr-2902	111	18	.	.	PUNCT
cblr-2902	112	1	the	the	DET
cblr-2902	112	2	decisions	decision	NOUN
cblr-2902	112	3	of	of	ADP
cblr-2902	112	4	bankruptcy	bankruptcy	NOUN
cblr-2902	112	5	courts	court	NOUN
cblr-2902	112	6	in	in	ADP
cblr-2902	112	7	adjudicating	adjudicate	VERB
cblr-2902	112	8	these	these	DET
cblr-2902	112	9	disputes	dispute	NOUN
cblr-2902	112	10	will	will	AUX
cblr-2902	112	11	cause	cause	VERB
cblr-2902	112	12	tens	ten	NOUN
cblr-2902	112	13	,	,	PUNCT
cblr-2902	112	14	if	if	SCONJ
cblr-2902	112	15	not	not	PART
cblr-2902	112	16	hundreds	hundred	NOUN
cblr-2902	112	17	,	,	PUNCT
cblr-2902	112	18	of	of	ADP
cblr-2902	112	19	billions	billion	NOUN
cblr-2902	112	20	of	of	ADP
cblr-2902	112	21	dollars	dollar	NOUN
cblr-2902	112	22	to	to	PART
cblr-2902	112	23	change	change	VERB
cblr-2902	112	24	hands	hand	NOUN
cblr-2902	112	25	over	over	ADP
cblr-2902	112	26	the	the	DET
cblr-2902	112	27	next	next	ADJ
cblr-2902	112	28	few	few	ADJ
cblr-2902	112	29	years	year	NOUN
cblr-2902	112	30	.	.	PUNCT
cblr-2902	112	31	"	"	PUNCT
cblr-2902	113	1	if	if	SCONJ
cblr-2902	113	2	bankruptcy	bankruptcy	NOUN
cblr-2902	113	3	courts	court	NOUN
cblr-2902	113	4	make	make	VERB
cblr-2902	113	5	prudent	prudent	ADJ
cblr-2902	113	6	decisions	decision	NOUN
cblr-2902	113	7	,	,	PUNCT
cblr-2902	113	8	they	they	PRON
cblr-2902	113	9	can	can	AUX
cblr-2902	113	10	help	help	VERB
cblr-2902	113	11	shape	shape	VERB
cblr-2902	113	12	credit	credit	NOUN
cblr-2902	113	13	policy	policy	NOUN
cblr-2902	113	14	at	at	ADP
cblr-2902	113	15	u.s	u.s	PROPN
cblr-2902	113	16	.	.	PROPN
cblr-2902	113	17	banks	bank	NOUN
cblr-2902	113	18	for	for	ADP
cblr-2902	113	19	a	a	DET
cblr-2902	113	20	generation	generation	NOUN
cblr-2902	113	21	.	.	PUNCT
cblr-2902	114	1	unfortunately	unfortunately	ADV
cblr-2902	114	2	,	,	PUNCT
cblr-2902	114	3	the	the	DET
cblr-2902	114	4	methods	method	NOUN
cblr-2902	114	5	that	that	PRON
cblr-2902	114	6	bankruptcy	bankruptcy	NOUN
cblr-2902	114	7	courts	court	NOUN
cblr-2902	114	8	have	have	AUX
cblr-2902	114	9	traditionally	traditionally	ADV
cblr-2902	114	10	used	use	VERB
cblr-2902	114	11	to	to	PART
cblr-2902	114	12	adjudicate	adjudicate	VERB
cblr-2902	114	13	fraudulent	fraudulent	ADJ
cblr-2902	114	14	transfer	transfer	NOUN
cblr-2902	114	15	claims	claim	NOUN
cblr-2902	114	16	have	have	AUX
cblr-2902	114	17	at	at	ADP
cblr-2902	114	18	times	time	NOUN
cblr-2902	114	19	led	lead	VERB
cblr-2902	114	20	to	to	ADP
cblr-2902	114	21	inconsistent	inconsistent	ADJ
cblr-2902	114	22	,	,	PUNCT
cblr-2902	114	23	unpredictable	unpredictable	ADJ
cblr-2902	114	24	,	,	PUNCT
cblr-2902	114	25	and	and	CCONJ
cblr-2902	114	26	inadvertently	inadvertently	ADV
cblr-2902	114	27	biased	biased	ADJ
cblr-2902	114	28	outcomes	outcome	NOUN
cblr-2902	114	29	for	for	ADP
cblr-2902	114	30	two	two	NUM
cblr-2902	114	31	reasons	reason	NOUN
cblr-2902	114	32	.	.	PUNCT
cblr-2902	115	1	first	first	ADV
cblr-2902	115	2	,	,	PUNCT
cblr-2902	115	3	courts	court	NOUN
cblr-2902	115	4	'	'	PART
cblr-2902	115	5	reliance	reliance	NOUN
cblr-2902	115	6	on	on	ADP
cblr-2902	115	7	experts	expert	NOUN
cblr-2902	115	8	introduces	introduce	VERB
cblr-2902	115	9	tremendous	tremendous	ADJ
cblr-2902	115	10	subjectivity	subjectivity	NOUN
cblr-2902	115	11	and	and	CCONJ
cblr-2902	115	12	complexity	complexity	NOUN
cblr-2902	115	13	into	into	ADP
cblr-2902	115	14	the	the	DET
cblr-2902	115	15	process	process	NOUN
cblr-2902	115	16	.	.	PUNCT
cblr-2902	116	1	second	second	ADJ
cblr-2902	116	2	,	,	PUNCT
cblr-2902	116	3	well	well	ADV
cblr-2902	116	4	-	-	PUNCT
cblr-2902	116	5	established	establish	VERB
cblr-2902	116	6	features	feature	NOUN
cblr-2902	116	7	of	of	ADP
cblr-2902	116	8	human	human	ADJ
cblr-2902	116	9	psychology	psychology	NOUN
cblr-2902	116	10	-	-	PUNCT
cblr-2902	116	11	which	which	PRON
cblr-2902	116	12	can	can	AUX
cblr-2902	116	13	not	not	PART
cblr-2902	116	14	be	be	AUX
cblr-2902	116	15	overcome	overcome	VERB
cblr-2902	116	16	,	,	PUNCT
cblr-2902	116	17	despite	despite	SCONJ
cblr-2902	116	18	the	the	DET
cblr-2902	116	19	good	good	ADJ
cblr-2902	116	20	intentions	intention	NOUN
cblr-2902	116	21	of	of	ADP
cblr-2902	116	22	bankruptcy	bankruptcy	NOUN
cblr-2902	116	23	judges	judge	NOUN
cblr-2902	116	24	-	-	PUNCT
cblr-2902	116	25	taint	taint	VERB
cblr-2902	116	26	the	the	DET
cblr-2902	116	27	decision	decision	NOUN
cblr-2902	116	28	-	-	PUNCT
cblr-2902	116	29	making	make	VERB
cblr-2902	116	30	process	process	NOUN
cblr-2902	116	31	with	with	ADP
cblr-2902	116	32	legally	legally	ADV
cblr-2902	116	33	impermissible	impermissible	ADJ
cblr-2902	116	34	hindsight	hindsight	ADJ
cblr-2902	116	35	bias	bias	NOUN
cblr-2902	116	36	.	.	PUNCT
cblr-2902	117	1	this	this	DET
cblr-2902	117	2	article	article	NOUN
cblr-2902	117	3	discusses	discuss	VERB
cblr-2902	117	4	recent	recent	ADJ
cblr-2902	117	5	legal	legal	ADJ
cblr-2902	117	6	and	and	CCONJ
cblr-2902	117	7	financial	financial	ADJ
cblr-2902	117	8	innovations	innovation	NOUN
cblr-2902	117	9	that	that	PRON
cblr-2902	117	10	may	may	AUX
cblr-2902	117	11	aid	aid	VERB
cblr-2902	117	12	bankruptcy	bankruptcy	NOUN
cblr-2902	117	13	courts	court	NOUN
cblr-2902	117	14	in	in	ADP
cblr-2902	117	15	assessing	assess	VERB
cblr-2902	117	16	fraudulent	fraudulent	ADJ
cblr-2902	117	17	transfer	transfer	NOUN
cblr-2902	117	18	claims	claim	NOUN
cblr-2902	117	19	in	in	ADP
cblr-2902	117	20	large	large	ADJ
cblr-2902	117	21	business	business	NOUN
cblr-2902	117	22	bankruptcies	bankruptcy	NOUN
cblr-2902	117	23	.	.	PUNCT
cblr-2902	118	1	these	these	DET
cblr-2902	118	2	innovations	innovation	NOUN
cblr-2902	118	3	have	have	VERB
cblr-2902	118	4	the	the	DET
cblr-2902	118	5	potential	potential	NOUN
cblr-2902	118	6	to	to	PART
cblr-2902	118	7	diminish	diminish	VERB
cblr-2902	118	8	the	the	DET
cblr-2902	118	9	importance	importance	NOUN
cblr-2902	118	10	of	of	ADP
cblr-2902	118	11	experts	expert	NOUN
cblr-2902	118	12	,	,	PUNCT
cblr-2902	118	13	increase	increase	VERB
cblr-2902	118	14	consistency	consistency	NOUN
cblr-2902	118	15	and	and	CCONJ
cblr-2902	118	16	predictability	predictability	NOUN
cblr-2902	118	17	in	in	ADP
cblr-2902	118	18	fraudulent	fraudulent	ADJ
cblr-2902	118	19	transfer	transfer	NOUN
cblr-2902	118	20	law	law	NOUN
cblr-2902	118	21	,	,	PUNCT
cblr-2902	118	22	de	de	NOUN
cblr-2902	118	23	-	-	NOUN
cblr-2902	118	24	bias	bias	NOUN
cblr-2902	118	25	and	and	CCONJ
cblr-2902	118	26	simplify	simplify	VERB
cblr-2902	118	27	judicial	judicial	ADJ
cblr-2902	118	28	decision	decision	NOUN
cblr-2902	118	29	-	-	PUNCT
cblr-2902	118	30	making	making	NOUN
cblr-2902	118	31	,	,	PUNCT
cblr-2902	118	32	and	and	CCONJ
cblr-2902	118	33	ultimately	ultimately	ADV
cblr-2902	118	34	help	help	VERB
cblr-2902	118	35	stabilize	stabilize	VERB
cblr-2902	118	36	the	the	DET
cblr-2902	118	37	economy	economy	NOUN
cblr-2902	118	38	by	by	ADP
cblr-2902	118	39	deterring	deter	VERB
cblr-2902	118	40	imprudent	imprudent	ADJ
cblr-2902	118	41	business	business	NOUN
cblr-2902	118	42	decisions	decision	NOUN
cblr-2902	118	43	.	.	PUNCT
cblr-2902	119	1	part	part	NOUN
cblr-2902	119	2	ii	ii	PROPN
cblr-2902	119	3	of	of	ADP
cblr-2902	119	4	this	this	DET
cblr-2902	119	5	article	article	NOUN
cblr-2902	119	6	discusses	discuss	VERB
cblr-2902	119	7	the	the	DET
cblr-2902	119	8	dramatic	dramatic	ADJ
cblr-2902	119	9	increase	increase	NOUN
cblr-2902	119	10	in	in	ADP
cblr-2902	119	11	financial	financial	ADJ
cblr-2902	119	12	leverage	leverage	NOUN
cblr-2902	119	13	throughout	throughout	ADP
cblr-2902	119	14	the	the	DET
cblr-2902	119	15	economy	economy	NOUN
cblr-2902	119	16	during	during	ADP
cblr-2902	119	17	the	the	DET
cblr-2902	119	18	last	last	ADJ
cblr-2902	119	19	decade	decade	NOUN
cblr-2902	119	20	of	of	ADP
cblr-2902	119	21	prosperity	prosperity	NOUN
cblr-2902	119	22	,	,	PUNCT
cblr-2902	119	23	the	the	DET
cblr-2902	119	24	recession	recession	NOUN
cblr-2902	119	25	that	that	PRON
cblr-2902	119	26	began	begin	VERB
cblr-2902	119	27	in	in	ADP
cblr-2902	119	28	2008	2008	NUM
cblr-2902	119	29	,	,	PUNCT
cblr-2902	119	30	and	and	CCONJ
cblr-2902	119	31	why	why	SCONJ
cblr-2902	119	32	fraudulent	fraudulent	ADJ
cblr-2902	119	33	transfer	transfer	NOUN
cblr-2902	119	34	law	law	NOUN
cblr-2902	119	35	may	may	AUX
cblr-2902	119	36	determine	determine	VERB
cblr-2902	119	37	who	who	PRON
cblr-2902	119	38	will	will	AUX
cblr-2902	119	39	bear	bear	VERB
cblr-2902	119	40	billions	billion	NOUN
cblr-2902	119	41	of	of	ADP
cblr-2902	119	42	dollars	dollar	NOUN
cblr-2902	119	43	in	in	ADP
cblr-2902	119	44	losses	loss	NOUN
cblr-2902	119	45	.	.	PUNCT
cblr-2902	120	1	part	part	NOUN
cblr-2902	120	2	iii	iii	NOUN
cblr-2902	120	3	of	of	ADP
cblr-2902	120	4	this	this	DET
cblr-2902	120	5	article	article	NOUN
cblr-2902	120	6	describes	describe	VERB
cblr-2902	120	7	the	the	DET
cblr-2902	120	8	historical	historical	ADJ
cblr-2902	120	9	and	and	CCONJ
cblr-2902	120	10	intellectual	intellectual	ADJ
cblr-2902	120	11	development	development	NOUN
cblr-2902	120	12	of	of	ADP
cblr-2902	120	13	fraudulent	fraudulent	ADJ
cblr-2902	120	14	transfer	transfer	NOUN
cblr-2902	120	15	law	law	NOUN
cblr-2902	120	16	,	,	PUNCT
cblr-2902	120	17	the	the	DET
cblr-2902	120	18	expert	expert	NOUN
cblr-2902	120	19	-	-	PUNCT
cblr-2902	120	20	centered	center	VERB
cblr-2902	120	21	paradigm	paradigm	NOUN
cblr-2902	120	22	that	that	PRON
cblr-2902	120	23	prevailed	prevail	VERB
cblr-2902	120	24	during	during	ADP
cblr-2902	120	25	the	the	DET
cblr-2902	120	26	last	last	ADJ
cblr-2902	120	27	twenty	twenty	NUM
cblr-2902	120	28	years	year	NOUN
cblr-2902	120	29	,	,	PUNCT
cblr-2902	120	30	experimental	experimental	ADJ
cblr-2902	120	31	and	and	CCONJ
cblr-2902	120	32	real	real	ADJ
cblr-2902	120	33	-	-	PUNCT
cblr-2902	120	34	world	world	NOUN
cblr-2902	120	35	evidence	evidence	NOUN
cblr-2902	120	36	of	of	ADP
cblr-2902	120	37	the	the	DET
cblr-2902	120	38	problem	problem	NOUN
cblr-2902	120	39	of	of	ADP
cblr-2902	120	40	hindsight	hindsight	ADJ
cblr-2902	120	41	bias	bias	NOUN
cblr-2902	120	42	,	,	PUNCT
cblr-2902	120	43	and	and	CCONJ
cblr-2902	120	44	two	two	NUM
cblr-2902	120	45	recent	recent	ADJ
cblr-2902	120	46	decisions	decision	NOUN
cblr-2902	120	47	that	that	PRON
cblr-2902	120	48	suggest	suggest	VERB
cblr-2902	120	49	the	the	DET
cblr-2902	120	50	emergence	emergence	NOUN
cblr-2902	120	51	of	of	ADP
cblr-2902	120	52	a	a	DET
cblr-2902	120	53	new	new	ADJ
cblr-2902	120	54	market	market	NOUN
cblr-2902	120	55	-	-	PUNCT
cblr-2902	120	56	centered	center	VERB
cblr-2902	120	57	paradigm	paradigm	NOUN
cblr-2902	120	58	.	.	PUNCT
cblr-2902	121	1	part	part	NOUN
cblr-2902	121	2	iv	iv	NOUN
cblr-2902	121	3	of	of	ADP
cblr-2902	121	4	this	this	DET
cblr-2902	121	5	article	article	NOUN
cblr-2902	121	6	explains	explain	VERB
cblr-2902	121	7	how	how	SCONJ
cblr-2902	121	8	this	this	DET
cblr-2902	121	9	new	new	ADJ
cblr-2902	121	10	market	market	NOUN
cblr-2902	121	11	-	-	PUNCT
cblr-2902	121	12	centered	center	VERB
cblr-2902	121	13	paradigm	paradigm	NOUN
cblr-2902	121	14	-	-	PUNCT
cblr-2902	121	15	coupled	couple	VERB
cblr-2902	121	16	with	with	ADP
cblr-2902	121	17	"	"	PUNCT
cblr-2902	121	18	more	more	ADV
cblr-2902	121	19	precisely	precisely	ADV
cblr-2902	121	20	,	,	PUNCT
cblr-2902	121	21	the	the	DET
cblr-2902	121	22	decisions	decision	NOUN
cblr-2902	121	23	will	will	AUX
cblr-2902	121	24	allocate	allocate	VERB
cblr-2902	121	25	losses	loss	NOUN
cblr-2902	121	26	in	in	ADP
cblr-2902	121	27	addition	addition	NOUN
cblr-2902	121	28	to	to	ADP
cblr-2902	121	29	transferring	transfer	VERB
cblr-2902	121	30	money	money	NOUN
cblr-2902	121	31	.	.	PUNCT
cblr-2902	122	1	no	no	INTJ
cblr-2902	122	2	.	.	NOUN
cblr-2902	123	1	1	1	NUM
cblr-2902	123	2	:	:	SYM
cblr-2902	123	3	118	118	NUM
cblr-2902	123	4	]	]	SYM
cblr-2902	123	5	125	125	NUM
cblr-2902	123	6	recent	recent	ADJ
cblr-2902	123	7	innovations	innovation	NOUN
cblr-2902	123	8	in	in	ADP
cblr-2902	123	9	the	the	DET
cblr-2902	123	10	financial	financial	ADJ
cblr-2902	123	11	markets	market	NOUN
cblr-2902	123	12	and	and	CCONJ
cblr-2902	123	13	finance	finance	NOUN
cblr-2902	123	14	theory	theory	NOUN
cblr-2902	123	15	--	--	PUNCT
cblr-2902	123	16	can	can	AUX
cblr-2902	123	17	enable	enable	VERB
cblr-2902	123	18	fraudulent	fraudulent	ADJ
cblr-2902	123	19	transfer	transfer	NOUN
cblr-2902	123	20	law	law	NOUN
cblr-2902	123	21	to	to	PART
cblr-2902	123	22	more	more	ADV
cblr-2902	123	23	effectively	effectively	ADV
cblr-2902	123	24	achieve	achieve	VERB
cblr-2902	123	25	its	its	PRON
cblr-2902	123	26	historical	historical	ADJ
cblr-2902	123	27	policy	policy	NOUN
cblr-2902	123	28	objectives	objective	NOUN
cblr-2902	123	29	.	.	PUNCT
cblr-2902	124	1	part	part	NOUN
cblr-2902	124	2	v	v	NOUN
cblr-2902	124	3	of	of	ADP
cblr-2902	124	4	this	this	DET
cblr-2902	124	5	article	article	NOUN
cblr-2902	124	6	includes	include	VERB
cblr-2902	124	7	original	original	ADJ
cblr-2902	124	8	empirical	empirical	ADJ
cblr-2902	124	9	analysis	analysis	NOUN
cblr-2902	124	10	of	of	ADP
cblr-2902	124	11	the	the	DET
cblr-2902	124	12	relationship	relationship	NOUN
cblr-2902	124	13	between	between	ADP
cblr-2902	124	14	equity	equity	NOUN
cblr-2902	124	15	and	and	CCONJ
cblr-2902	124	16	cds	cd	NOUN
cblr-2902	124	17	prices	price	NOUN
cblr-2902	124	18	as	as	ADP
cblr-2902	124	19	debtors	debtor	NOUN
cblr-2902	124	20	approach	approach	NOUN
cblr-2902	124	21	bankruptcy	bankruptcy	NOUN
cblr-2902	124	22	.	.	PUNCT
cblr-2902	125	1	part	part	NOUN
cblr-2902	125	2	vi	vi	PROPN
cblr-2902	125	3	explains	explain	VERB
cblr-2902	125	4	how	how	SCONJ
cblr-2902	125	5	judicial	judicial	ADJ
cblr-2902	125	6	adoption	adoption	NOUN
cblr-2902	125	7	of	of	ADP
cblr-2902	125	8	the	the	DET
cblr-2902	125	9	methods	method	NOUN
cblr-2902	125	10	we	we	PRON
cblr-2902	125	11	suggest	suggest	VERB
cblr-2902	125	12	would	would	AUX
cblr-2902	125	13	improve	improve	VERB
cblr-2902	125	14	credit	credit	NOUN
cblr-2902	125	15	decisions	decision	NOUN
cblr-2902	125	16	at	at	ADP
cblr-2902	125	17	banks	bank	NOUN
cblr-2902	125	18	and	and	CCONJ
cblr-2902	125	19	prevent	prevent	VERB
cblr-2902	125	20	destabilizing	destabilizing	ADJ
cblr-2902	125	21	transactions	transaction	NOUN
cblr-2902	125	22	.	.	PUNCT
cblr-2902	126	1	although	although	SCONJ
cblr-2902	126	2	this	this	DET
cblr-2902	126	3	article	article	NOUN
cblr-2902	126	4	focuses	focus	VERB
cblr-2902	126	5	on	on	ADP
cblr-2902	126	6	fraudulent	fraudulent	ADJ
cblr-2902	126	7	transfer	transfer	NOUN
cblr-2902	126	8	law	law	NOUN
cblr-2902	126	9	and	and	CCONJ
cblr-2902	126	10	cds	cd	NOUN
cblr-2902	126	11	markets	market	NOUN
cblr-2902	126	12	,	,	PUNCT
cblr-2902	126	13	its	its	PRON
cblr-2902	126	14	potential	potential	ADJ
cblr-2902	126	15	applications	application	NOUN
cblr-2902	126	16	are	be	AUX
cblr-2902	126	17	much	much	ADV
cblr-2902	126	18	broader	broad	ADJ
cblr-2902	126	19	.	.	PUNCT
cblr-2902	127	1	market	market	NOUN
cblr-2902	127	2	-	-	PUNCT
cblr-2902	127	3	implied	imply	VERB
cblr-2902	127	4	probabilities	probability	NOUN
cblr-2902	127	5	of	of	ADP
cblr-2902	127	6	default	default	NOUN
cblr-2902	127	7	can	can	AUX
cblr-2902	127	8	assist	assist	VERB
cblr-2902	127	9	courts	court	NOUN
cblr-2902	127	10	in	in	ADP
cblr-2902	127	11	deciding	decide	VERB
cblr-2902	127	12	any	any	DET
cblr-2902	127	13	controversy	controversy	NOUN
cblr-2902	127	14	that	that	PRON
cblr-2902	127	15	requires	require	VERB
cblr-2902	127	16	a	a	DET
cblr-2902	127	17	judicial	judicial	ADJ
cblr-2902	127	18	determination	determination	NOUN
cblr-2902	127	19	of	of	ADP
cblr-2902	127	20	corporate	corporate	ADJ
cblr-2902	127	21	solvency	solvency	NOUN
cblr-2902	127	22	,	,	PUNCT
cblr-2902	127	23	whether	whether	SCONJ
cblr-2902	127	24	the	the	DET
cblr-2902	127	25	controversy	controversy	NOUN
cblr-2902	127	26	pertains	pertain	VERB
cblr-2902	127	27	to	to	ADP
cblr-2902	127	28	fraudulent	fraudulent	ADJ
cblr-2902	127	29	transfer	transfer	NOUN
cblr-2902	127	30	,	,	PUNCT
cblr-2902	127	31	preference	preference	NOUN
cblr-2902	127	32	,	,	PUNCT
cblr-2902	127	33	or	or	CCONJ
cblr-2902	127	34	corporate	corporate	ADJ
cblr-2902	127	35	directors	director	NOUN
cblr-2902	127	36	'	'	PART
cblr-2902	127	37	duties.14	duties.14	NOUN
cblr-2902	127	38	market	market	NOUN
cblr-2902	127	39	-	-	PUNCT
cblr-2902	127	40	implied	imply	VERB
cblr-2902	127	41	probabilities	probability	NOUN
cblr-2902	127	42	of	of	ADP
cblr-2902	127	43	default	default	NOUN
cblr-2902	127	44	can	can	AUX
cblr-2902	127	45	be	be	AUX
cblr-2902	127	46	calculated	calculate	VERB
cblr-2902	127	47	from	from	ADP
cblr-2902	127	48	any	any	DET
cblr-2902	127	49	debt	debt	NOUN
cblr-2902	127	50	instrument	instrument	NOUN
cblr-2902	127	51	that	that	PRON
cblr-2902	127	52	is	be	AUX
cblr-2902	127	53	traded	trade	VERB
cblr-2902	127	54	in	in	ADP
cblr-2902	127	55	a	a	DET
cblr-2902	127	56	liquid	liquid	ADJ
cblr-2902	127	57	and	and	CCONJ
cblr-2902	127	58	reasonably	reasonably	ADV
cblr-2902	127	59	informed	informed	ADJ
cblr-2902	127	60	market	market	NOUN
cblr-2902	127	61	and	and	CCONJ
cblr-2902	127	62	for	for	ADP
cblr-2902	127	63	which	which	PRON
cblr-2902	127	64	a	a	DET
cblr-2902	127	65	yield	yield	NOUN
cblr-2902	127	66	to	to	ADP
cblr-2902	127	67	maturity	maturity	NOUN
cblr-2902	127	68	can	can	AUX
cblr-2902	127	69	be	be	AUX
cblr-2902	127	70	calculated	calculate	VERB
cblr-2902	127	71	,	,	PUNCT
cblr-2902	127	72	whether	whether	SCONJ
cblr-2902	127	73	the	the	DET
cblr-2902	127	74	instrument	instrument	NOUN
cblr-2902	127	75	is	be	AUX
cblr-2902	127	76	a	a	DET
cblr-2902	127	77	credit	credit	NOUN
cblr-2902	127	78	default	default	NOUN
cblr-2902	127	79	swap	swap	NOUN
cblr-2902	127	80	,	,	PUNCT
cblr-2902	127	81	a	a	DET
cblr-2902	127	82	corporate	corporate	ADJ
cblr-2902	127	83	bond	bond	NOUN
cblr-2902	127	84	,	,	PUNCT
cblr-2902	127	85	or	or	CCONJ
cblr-2902	127	86	a	a	DET
cblr-2902	127	87	bank	bank	NOUN
cblr-2902	127	88	loan	loan	NOUN
cblr-2902	127	89	.	.	PUNCT
cblr-2902	128	1	the	the	DET
cblr-2902	128	2	applications	application	NOUN
cblr-2902	128	3	are	be	AUX
cblr-2902	128	4	diverse	diverse	ADJ
cblr-2902	128	5	and	and	CCONJ
cblr-2902	128	6	the	the	DET
cblr-2902	128	7	ramifications	ramification	NOUN
cblr-2902	128	8	are	be	AUX
cblr-2902	128	9	potentially	potentially	ADV
cblr-2902	128	10	vast	vast	ADJ
cblr-2902	128	11	.	.	PUNCT
cblr-2902	129	1	ii	ii	PROPN
cblr-2902	129	2	.	.	PUNCT
cblr-2902	130	1	hundreds	hundred	NOUN
cblr-2902	130	2	of	of	ADP
cblr-2902	130	3	billions	billion	NOUN
cblr-2902	130	4	of	of	ADP
cblr-2902	130	5	dollars	dollar	NOUN
cblr-2902	130	6	are	be	AUX
cblr-2902	130	7	at	at	ADP
cblr-2902	130	8	stake	stake	NOUN
cblr-2902	130	9	in	in	ADP
cblr-2902	130	10	the	the	DET
cblr-2902	130	11	coming	come	VERB
cblr-2902	130	12	wave	wave	NOUN
cblr-2902	130	13	of	of	ADP
cblr-2902	130	14	fraudulent	fraudulent	ADJ
cblr-2902	130	15	transfer	transfer	NOUN
cblr-2902	130	16	litigation	litigation	NOUN
cblr-2902	130	17	the	the	DET
cblr-2902	130	18	volume	volume	NOUN
cblr-2902	130	19	of	of	ADP
cblr-2902	130	20	borrowing	borrowing	NOUN
cblr-2902	130	21	during	during	ADP
cblr-2902	130	22	the	the	DET
cblr-2902	130	23	credit	credit	NOUN
cblr-2902	130	24	boom	boom	NOUN
cblr-2902	130	25	that	that	PRON
cblr-2902	130	26	started	start	VERB
cblr-2902	130	27	in	in	ADP
cblr-2902	130	28	2003	2003	NUM
cblr-2902	130	29	and	and	CCONJ
cblr-2902	130	30	peaked	peak	VERB
cblr-2902	130	31	in	in	ADP
cblr-2902	130	32	2007	2007	NUM
cblr-2902	130	33	is	be	AUX
cblr-2902	130	34	astounding	astounding	ADJ
cblr-2902	130	35	,	,	PUNCT
cblr-2902	130	36	as	as	SCONJ
cblr-2902	130	37	is	be	AUX
cblr-2902	130	38	the	the	DET
cblr-2902	130	39	plunge	plunge	NOUN
cblr-2902	130	40	in	in	ADP
cblr-2902	130	41	liquidity	liquidity	NOUN
cblr-2902	130	42	in	in	ADP
cblr-2902	130	43	2008	2008	NUM
cblr-2902	130	44	and	and	CCONJ
cblr-2902	130	45	beyond	beyond	ADP
cblr-2902	130	46	.	.	PUNCT
cblr-2902	131	1	figure	figure	NOUN
cblr-2902	131	2	1	1	NUM
cblr-2902	131	3	shows	show	VERB
cblr-2902	131	4	the	the	PRON
cblr-2902	131	5	"	"	PUNCT
cblr-2902	131	6	under	under	ADP
cblr-2902	131	7	delaware	delaware	PROPN
cblr-2902	131	8	corporate	corporate	ADJ
cblr-2902	131	9	law	law	NOUN
cblr-2902	131	10	,	,	PUNCT
cblr-2902	131	11	the	the	DET
cblr-2902	131	12	directors	director	NOUN
cblr-2902	131	13	of	of	ADP
cblr-2902	131	14	an	an	DET
cblr-2902	131	15	insolvent	insolvent	ADJ
cblr-2902	131	16	corporation	corporation	NOUN
cblr-2902	131	17	owe	owe	VERB
cblr-2902	131	18	fiduciary	fiduciary	ADJ
cblr-2902	131	19	duties	duty	NOUN
cblr-2902	131	20	to	to	ADP
cblr-2902	131	21	the	the	DET
cblr-2902	131	22	corporation	corporation	NOUN
cblr-2902	131	23	for	for	ADP
cblr-2902	131	24	the	the	DET
cblr-2902	131	25	benefit	benefit	NOUN
cblr-2902	131	26	of	of	ADP
cblr-2902	131	27	its	its	PRON
cblr-2902	131	28	creditors	creditor	NOUN
cblr-2902	131	29	,	,	PUNCT
cblr-2902	131	30	while	while	SCONJ
cblr-2902	131	31	continuing	continue	VERB
cblr-2902	131	32	to	to	PART
cblr-2902	131	33	owe	owe	VERB
cblr-2902	131	34	a	a	DET
cblr-2902	131	35	duty	duty	NOUN
cblr-2902	131	36	to	to	PART
cblr-2902	131	37	maximize	maximize	VERB
cblr-2902	131	38	the	the	DET
cblr-2902	131	39	value	value	NOUN
cblr-2902	131	40	of	of	ADP
cblr-2902	131	41	the	the	DET
cblr-2902	131	42	firm	firm	NOUN
cblr-2902	131	43	as	as	ADP
cblr-2902	131	44	a	a	DET
cblr-2902	131	45	whole	whole	NOUN
cblr-2902	131	46	for	for	ADP
cblr-2902	131	47	the	the	DET
cblr-2902	131	48	benefit	benefit	NOUN
cblr-2902	131	49	of	of	ADP
cblr-2902	131	50	shareholders	shareholder	NOUN
cblr-2902	131	51	.	.	PUNCT
cblr-2902	132	1	n.	n.	PROPN
cblr-2902	132	2	am	am	PROPN
cblr-2902	132	3	.	.	PUNCT
cblr-2902	133	1	catholic	catholic	PROPN
cblr-2902	133	2	educ	educ	PROPN
cblr-2902	133	3	.	.	PUNCT
cblr-2902	134	1	programming	programming	NOUN
cblr-2902	134	2	found	find	VERB
cblr-2902	134	3	.	.	PUNCT
cblr-2902	134	4	,	,	PUNCT
cblr-2902	134	5	inc	inc	PROPN
cblr-2902	134	6	.	.	PROPN
cblr-2902	134	7	v.	v.	ADP
cblr-2902	134	8	gheewalla	gheewalla	PROPN
cblr-2902	134	9	,	,	PUNCT
cblr-2902	134	10	930	930	NUM
cblr-2902	134	11	a.2d	a.2d	NUM
cblr-2902	134	12	92	92	NUM
cblr-2902	134	13	,	,	PUNCT
cblr-2902	134	14	101	101	NUM
cblr-2902	134	15	-	-	SYM
cblr-2902	134	16	03	03	NUM
cblr-2902	134	17	(	(	PUNCT
cblr-2902	134	18	del	del	PROPN
cblr-2902	134	19	.	.	PROPN
cblr-2902	134	20	2007	2007	NUM
cblr-2902	134	21	)	)	PUNCT
cblr-2902	134	22	;	;	PUNCT
cblr-2902	134	23	cf	cf	NOUN
cblr-2902	134	24	akande	akande	PROPN
cblr-2902	134	25	v.	v.	PROPN
cblr-2902	134	26	transamerica	transamerica	PROPN
cblr-2902	134	27	airlines	airlines	PROPN
cblr-2902	134	28	,	,	PUNCT
cblr-2902	134	29	inc	inc	PROPN
cblr-2902	134	30	.	.	PROPN
cblr-2902	134	31	(	(	PUNCT
cblr-2902	134	32	in	in	ADP
cblr-2902	134	33	re	re	PROPN
cblr-2902	134	34	transamerica	transamerica	PROPN
cblr-2902	134	35	airlines	airlines	PROPN
cblr-2902	134	36	,	,	PUNCT
cblr-2902	134	37	inc	inc	PROPN
cblr-2902	134	38	.	.	PROPN
cblr-2902	134	39	)	)	PUNCT
cblr-2902	134	40	,	,	PUNCT
cblr-2902	134	41	no	no	INTJ
cblr-2902	134	42	.	.	PUNCT
cblr-2902	135	1	civ	civ	NOUN
cblr-2902	135	2	.	.	PUNCT
cblr-2902	136	1	a.	a.	PROPN
cblr-2902	136	2	1039	1039	NUM
cblr-2902	136	3	-	-	SYM
cblr-2902	136	4	n	n	CCONJ
cblr-2902	136	5	,	,	PUNCT
cblr-2902	136	6	2006	2006	NUM
cblr-2902	136	7	wl	wl	NOUN
cblr-2902	136	8	587846	587846	NUM
cblr-2902	136	9	,	,	PUNCT
cblr-2902	136	10	at	at	ADP
cblr-2902	136	11	*	*	NUM
cblr-2902	136	12	7	7	NUM
cblr-2902	136	13	(	(	PUNCT
cblr-2902	136	14	del	del	PROPN
cblr-2902	136	15	.	.	PROPN
cblr-2902	136	16	ch	ch	PROPN
cblr-2902	136	17	.	.	PUNCT
cblr-2902	136	18	feb	feb	PROPN
cblr-2902	136	19	.	.	PROPN
cblr-2902	136	20	28	28	NUM
cblr-2902	136	21	,	,	PUNCT
cblr-2902	136	22	2006	2006	NUM
cblr-2902	136	23	)	)	PUNCT
cblr-2902	136	24	(	(	PUNCT
cblr-2902	136	25	"	"	PUNCT
cblr-2902	136	26	when	when	SCONJ
cblr-2902	136	27	a	a	DET
cblr-2902	136	28	company	company	NOUN
cblr-2902	136	29	becomes	become	VERB
cblr-2902	136	30	insolvent	insolvent	ADJ
cblr-2902	136	31	,	,	PUNCT
cblr-2902	136	32	its	its	PRON
cblr-2902	136	33	directors	director	NOUN
cblr-2902	136	34	owe	owe	VERB
cblr-2902	136	35	fiduciary	fiduciary	ADJ
cblr-2902	136	36	duties	duty	NOUN
cblr-2902	136	37	to	to	ADP
cblr-2902	136	38	the	the	DET
cblr-2902	136	39	company	company	NOUN
cblr-2902	136	40	's	's	PART
cblr-2902	136	41	creditors	creditor	NOUN
cblr-2902	136	42	,	,	PUNCT
cblr-2902	136	43	as	as	ADV
cblr-2902	136	44	well	well	ADV
cblr-2902	136	45	as	as	ADP
cblr-2902	136	46	its	its	PRON
cblr-2902	136	47	stockholders	stockholder	NOUN
cblr-2902	136	48	.	.	PUNCT
cblr-2902	137	1	"	"	PUNCT
cblr-2902	137	2	)	)	PUNCT
cblr-2902	137	3	.	.	PUNCT
cblr-2902	138	1	creditors	creditor	NOUN
cblr-2902	138	2	of	of	ADP
cblr-2902	138	3	an	an	DET
cblr-2902	138	4	insolvent	insolvent	ADJ
cblr-2902	138	5	corporation	corporation	NOUN
cblr-2902	138	6	may	may	AUX
cblr-2902	138	7	therefore	therefore	ADV
cblr-2902	138	8	bring	bring	VERB
cblr-2902	138	9	a	a	DET
cblr-2902	138	10	derivative	derivative	ADJ
cblr-2902	138	11	suit	suit	NOUN
cblr-2902	138	12	on	on	ADP
cblr-2902	138	13	behalf	behalf	NOUN
cblr-2902	138	14	of	of	ADP
cblr-2902	138	15	the	the	DET
cblr-2902	138	16	corporation	corporation	NOUN
cblr-2902	138	17	against	against	ADP
cblr-2902	138	18	its	its	PRON
cblr-2902	138	19	directors	director	NOUN
cblr-2902	138	20	.	.	PUNCT
cblr-2902	139	1	gheewalla	gheewalla	PROPN
cblr-2902	139	2	,	,	PUNCT
cblr-2902	139	3	930	930	NUM
cblr-2902	139	4	a.2d	a.2d	PUNCT
cblr-2902	139	5	at	at	ADP
cblr-2902	139	6	101	101	NUM
cblr-2902	139	7	-	-	SYM
cblr-2902	139	8	02	02	NUM
cblr-2902	139	9	.	.	PUNCT
cblr-2902	140	1	col	col	PROPN
cblr-2902	140	2	umia	umia	PROPN
cblr-2902	140	3	b	b	PROPN
cblr-2902	140	4	usiness	usiness	PROPN
cblr-2902	140	5	la	la	PROPN
cblr-2902	140	6	w	w	PROPN
cblr-2902	140	7	re	re	PROPN
cblr-2902	140	8	vie	vie	PROPN
cblr-2902	140	9	w	w	PROPN
cblr-2902	141	1	[	[	X
cblr-2902	141	2	vol	vol	NOUN
cblr-2902	141	3	.	.	NOUN
cblr-2902	141	4	2011126	2011126	NUM
cblr-2902	141	5	total	total	ADJ
cblr-2902	141	6	volume	volume	NOUN
cblr-2902	141	7	of	of	ADP
cblr-2902	141	8	syndicated	syndicate	VERB
cblr-2902	141	9	bank	bank	NOUN
cblr-2902	141	10	loans	loan	NOUN
cblr-2902	141	11	to	to	ADP
cblr-2902	141	12	u.s	u.s	PROPN
cblr-2902	141	13	.	.	PROPN
cblr-2902	141	14	borrowers	borrower	NOUN
cblr-2902	141	15	from	from	ADP
cblr-2902	141	16	1983	1983	NUM
cblr-2902	141	17	to	to	ADP
cblr-2902	141	18	2009.15	2009.15	NUM
cblr-2902	141	19	high	high	ADJ
cblr-2902	141	20	-	-	PUNCT
cblr-2902	141	21	yield	yield	NOUN
cblr-2902	141	22	(	(	PUNCT
cblr-2902	141	23	or	or	CCONJ
cblr-2902	141	24	"	"	PUNCT
cblr-2902	141	25	leveraged	leveraged	ADJ
cblr-2902	141	26	"	"	PUNCT
cblr-2902	141	27	)	)	PUNCT
cblr-2902	141	28	loans	loan	NOUN
cblr-2902	141	29	appear	appear	VERB
cblr-2902	141	30	on	on	ADP
cblr-2902	141	31	top	top	NOUN
cblr-2902	141	32	,	,	PUNCT
cblr-2902	141	33	while	while	SCONJ
cblr-2902	141	34	presumably	presumably	ADV
cblr-2902	141	35	less	less	ADV
cblr-2902	141	36	risky	risky	ADJ
cblr-2902	141	37	loans	loan	NOUN
cblr-2902	141	38	appear	appear	VERB
cblr-2902	141	39	below	below	ADP
cblr-2902	141	40	.	.	PUNCT
cblr-2902	142	1	'6	'6	X
cblr-2902	142	2	figure	figure	NOUN
cblr-2902	142	3	1	1	NUM
cblr-2902	142	4	:	:	PUNCT
cblr-2902	142	5	u.s	u.s	PROPN
cblr-2902	142	6	.	.	PROPN
cblr-2902	142	7	syndicated	syndicate	VERB
cblr-2902	142	8	bank	bank	PROPN
cblr-2902	142	9	lending	lending	NOUN
cblr-2902	142	10	peaked	peak	VERB
cblr-2902	142	11	in	in	ADP
cblr-2902	142	12	2007	2007	NUM
cblr-2902	142	13	,	,	PUNCT
cblr-2902	142	14	led	lead	VERB
cblr-2902	142	15	by	by	ADP
cblr-2902	142	16	high	high	ADJ
cblr-2902	142	17	-	-	PUNCT
cblr-2902	142	18	yield	yield	NOUN
cblr-2902	142	19	loans	loan	NOUN
cblr-2902	142	20	newly	newly	ADV
cblr-2902	142	21	issued	issue	VERB
cblr-2902	142	22	u.s	u.s	PROPN
cblr-2902	142	23	.	.	PROPN
cblr-2902	142	24	syndicated	syndicate	VERB
cblr-2902	142	25	loans	loan	NOUN
cblr-2902	142	26	0	0	NUM
cblr-2902	142	27	high	high	ADJ
cblr-2902	142	28	-	-	PUNCT
cblr-2902	142	29	yield	yield	NOUN
cblr-2902	142	30	/	/	SYM
cblr-2902	142	31	leveraged	leverage	VERB
cblr-2902	142	32	principal	principal	NOUN
cblr-2902	142	33	,	,	PUNCT
cblr-2902	142	34	usd	usd	NOUN
cblr-2902	142	35	trillions	trillion	NOUN
cblr-2902	142	36	,	,	PUNCT
cblr-2902	142	37	1983	1983	NUM
cblr-2902	142	38	-	-	SYM
cblr-2902	142	39	2009	2009	NUM
cblr-2902	142	40	$	$	SYM
cblr-2902	142	41	4.5	4.5	NUM
cblr-2902	142	42	investment	investment	NOUN
cblr-2902	142	43	grade	grade	NOUN
cblr-2902	142	44	or	or	CCONJ
cblr-2902	142	45	$	$	SYM
cblr-2902	142	46	4.0	4.0	NUM
cblr-2902	142	47	near	near	ADP
cblr-2902	142	48	investment	investment	NOUN
cblr-2902	142	49	grade	grade	NOUN
cblr-2902	142	50	$	$	SYM
cblr-2902	142	51	4.0	4.0	NUM
cblr-2902	142	52	$	$	SYM
cblr-2902	142	53	3.5	3.5	NUM
cblr-2902	142	54	$	$	SYM
cblr-2902	142	55	3.0	3.0	NUM
cblr-2902	142	56	$	$	SYM
cblr-2902	142	57	2.5	2.5	NUM
cblr-2902	142	58	$	$	SYM
cblr-2902	142	59	2.0	2.0	NUM
cblr-2902	142	60	$	$	SYM
cblr-2902	142	61	1.5	1.5	NUM
cblr-2902	142	62	$	$	SYM
cblr-2902	142	63	1.0	1.0	NUM
cblr-2902	142	64	$	$	SYM
cblr-2902	142	65	0.0	0.0	NUM
cblr-2902	142	66	$	$	SYM
cblr-2902	142	67	0.0	0.0	NUM
cblr-2902	142	68	principal	principal	NOUN
cblr-2902	142	69	includes	include	VERB
cblr-2902	142	70	fees	fee	NOUN
cblr-2902	142	71	as	as	ADV
cblr-2902	142	72	well	well	ADV
cblr-2902	142	73	as	as	ADP
cblr-2902	142	74	proceeds	proceed	NOUN
cblr-2902	142	75	.	.	PUNCT
cblr-2902	143	1	high	high	ADJ
cblr-2902	143	2	yield	yield	NOUN
cblr-2902	143	3	as	as	SCONJ
cblr-2902	143	4	defined	define	VERB
cblr-2902	143	5	by	by	ADP
cblr-2902	143	6	thomson	thomson	PROPN
cblr-2902	143	7	.	.	PUNCT
cblr-2902	144	1	source	source	PROPN
cblr-2902	144	2	:	:	PUNCT
cblr-2902	144	3	thomson	thomson	PROPN
cblr-2902	144	4	financial	financial	ADJ
cblr-2902	144	5	syndicated	syndicate	VERB
cblr-2902	144	6	loans	loan	NOUN
cblr-2902	144	7	database	database	NOUN
cblr-2902	144	8	as	as	SCONJ
cblr-2902	144	9	can	can	AUX
cblr-2902	144	10	be	be	AUX
cblr-2902	144	11	seen	see	VERB
cblr-2902	144	12	from	from	ADP
cblr-2902	144	13	figure	figure	NOUN
cblr-2902	144	14	1	1	NUM
cblr-2902	144	15	,	,	PUNCT
cblr-2902	144	16	bank	bank	NOUN
cblr-2902	144	17	lending	lending	NOUN
cblr-2902	144	18	grew	grow	VERB
cblr-2902	144	19	dramatically	dramatically	ADV
cblr-2902	144	20	from	from	ADP
cblr-2902	144	21	2003	2003	NUM
cblr-2902	144	22	to	to	ADP
cblr-2902	144	23	2007	2007	NUM
cblr-2902	144	24	and	and	CCONJ
cblr-2902	144	25	then	then	ADV
cblr-2902	144	26	precipitously	precipitously	ADV
cblr-2902	144	27	declined	decline	VERB
cblr-2902	144	28	in	in	ADP
cblr-2902	144	29	2008	2008	NUM
cblr-2902	144	30	and	and	CCONJ
cblr-2902	144	31	2009	2009	NUM
cblr-2902	144	32	.	.	PUNCT
cblr-2902	145	1	much	much	ADJ
cblr-2902	145	2	of	of	ADP
cblr-2902	145	3	the	the	DET
cblr-2902	145	4	lending	lending	NOUN
cblr-2902	145	5	in	in	ADP
cblr-2902	145	6	the	the	DET
cblr-2902	145	7	2003	2003	NUM
cblr-2902	145	8	1	1	NUM
cblr-2902	145	9	volume	volume	NOUN
cblr-2902	145	10	is	be	AUX
cblr-2902	145	11	defined	define	VERB
cblr-2902	145	12	as	as	ADP
cblr-2902	145	13	the	the	DET
cblr-2902	145	14	total	total	ADJ
cblr-2902	145	15	principal	principal	ADJ
cblr-2902	145	16	amount	amount	NOUN
cblr-2902	145	17	of	of	ADP
cblr-2902	145	18	all	all	DET
cblr-2902	145	19	new	new	ADJ
cblr-2902	145	20	syndicated	syndicate	VERB
cblr-2902	145	21	loans	loan	NOUN
cblr-2902	145	22	issued	issue	VERB
cblr-2902	145	23	and	and	CCONJ
cblr-2902	145	24	reported	report	VERB
cblr-2902	145	25	by	by	ADP
cblr-2902	145	26	thomson	thomson	PROPN
cblr-2902	145	27	financial	financial	PROPN
cblr-2902	145	28	.	.	PUNCT
cblr-2902	146	1	principal	principal	ADJ
cblr-2902	146	2	amount	amount	NOUN
cblr-2902	146	3	of	of	ADP
cblr-2902	146	4	borrowing	borrowing	NOUN
cblr-2902	146	5	includes	include	VERB
cblr-2902	146	6	both	both	CCONJ
cblr-2902	146	7	the	the	DET
cblr-2902	146	8	actual	actual	ADJ
cblr-2902	146	9	proceeds	proceed	NOUN
cblr-2902	146	10	that	that	PRON
cblr-2902	146	11	were	be	AUX
cblr-2902	146	12	received	receive	VERB
cblr-2902	146	13	by	by	ADP
cblr-2902	146	14	the	the	DET
cblr-2902	146	15	borrower	borrower	NOUN
cblr-2902	146	16	and	and	CCONJ
cblr-2902	146	17	fees	fee	NOUN
cblr-2902	146	18	that	that	SCONJ
cblr-2902	146	19	the	the	DET
cblr-2902	146	20	borrower	borrower	NOUN
cblr-2902	146	21	paid	pay	VERB
cblr-2902	146	22	to	to	ADP
cblr-2902	146	23	the	the	DET
cblr-2902	146	24	banks	bank	NOUN
cblr-2902	146	25	that	that	PRON
cblr-2902	146	26	arranged	arrange	VERB
cblr-2902	146	27	and	and	CCONJ
cblr-2902	146	28	syndicated	syndicate	VERB
cblr-2902	146	29	the	the	DET
cblr-2902	146	30	loan	loan	NOUN
cblr-2902	146	31	.	.	PUNCT
cblr-2902	147	1	dollars	dollar	NOUN
cblr-2902	147	2	are	be	AUX
cblr-2902	147	3	nominal	nominal	ADJ
cblr-2902	147	4	(	(	PUNCT
cblr-2902	147	5	not	not	PART
cblr-2902	147	6	inflationadjusted	inflationadjusted	ADJ
cblr-2902	147	7	)	)	PUNCT
cblr-2902	147	8	.	.	PUNCT
cblr-2902	148	1	16	16	NUM
cblr-2902	148	2	thomson	thomson	NOUN
cblr-2902	148	3	defines	define	VERB
cblr-2902	148	4	syndicated	syndicate	VERB
cblr-2902	148	5	loans	loan	NOUN
cblr-2902	148	6	as	as	ADP
cblr-2902	148	7	high	high	ADJ
cblr-2902	148	8	-	-	PUNCT
cblr-2902	148	9	yield	yield	NOUN
cblr-2902	148	10	by	by	ADP
cblr-2902	148	11	the	the	DET
cblr-2902	148	12	interest	interest	NOUN
cblr-2902	148	13	rate	rate	NOUN
cblr-2902	148	14	rather	rather	ADV
cblr-2902	148	15	than	than	ADP
cblr-2902	148	16	by	by	ADP
cblr-2902	148	17	the	the	DET
cblr-2902	148	18	views	view	NOUN
cblr-2902	148	19	of	of	ADP
cblr-2902	148	20	credit	credit	NOUN
cblr-2902	148	21	rating	rating	NOUN
cblr-2902	148	22	agencies	agency	NOUN
cblr-2902	148	23	;	;	PUNCT
cblr-2902	148	24	higher	high	ADJ
cblr-2902	148	25	interest	interest	NOUN
cblr-2902	148	26	rate	rate	NOUN
cblr-2902	148	27	loans	loan	NOUN
cblr-2902	148	28	were	be	AUX
cblr-2902	148	29	presumably	presumably	ADV
cblr-2902	148	30	viewed	view	VERB
cblr-2902	148	31	as	as	ADP
cblr-2902	148	32	riskier	risky	ADJ
cblr-2902	148	33	when	when	SCONJ
cblr-2902	148	34	made	make	VERB
cblr-2902	148	35	.	.	PUNCT
cblr-2902	149	1	after	after	ADP
cblr-2902	149	2	january	january	PROPN
cblr-2902	149	3	1	1	NUM
cblr-2902	149	4	,	,	PUNCT
cblr-2902	149	5	2006	2006	NUM
cblr-2902	149	6	,	,	PUNCT
cblr-2902	149	7	loans	loan	NOUN
cblr-2902	149	8	were	be	AUX
cblr-2902	149	9	defined	define	VERB
cblr-2902	149	10	as	as	ADP
cblr-2902	149	11	high	high	ADJ
cblr-2902	149	12	-	-	PUNCT
cblr-2902	149	13	yield	yield	NOUN
cblr-2902	149	14	if	if	SCONJ
cblr-2902	149	15	the	the	DET
cblr-2902	149	16	interest	interest	NOUN
cblr-2902	149	17	rate	rate	NOUN
cblr-2902	149	18	was	be	AUX
cblr-2902	149	19	2.5	2.5	NUM
cblr-2902	149	20	%	%	NOUN
cblr-2902	149	21	or	or	CCONJ
cblr-2902	149	22	more	more	ADJ
cblr-2902	149	23	plus	plus	CCONJ
cblr-2902	149	24	a	a	DET
cblr-2902	149	25	base	base	NOUN
cblr-2902	149	26	rate	rate	NOUN
cblr-2902	149	27	.	.	PUNCT
cblr-2902	150	1	before	before	ADP
cblr-2902	150	2	2006	2006	NUM
cblr-2902	150	3	,	,	PUNCT
cblr-2902	150	4	loans	loan	NOUN
cblr-2902	150	5	were	be	AUX
cblr-2902	150	6	defined	define	VERB
cblr-2902	150	7	as	as	ADP
cblr-2902	150	8	high	high	ADJ
cblr-2902	150	9	-	-	PUNCT
cblr-2902	150	10	yield	yield	NOUN
cblr-2902	150	11	if	if	SCONJ
cblr-2902	150	12	the	the	DET
cblr-2902	150	13	interest	interest	NOUN
cblr-2902	150	14	rate	rate	NOUN
cblr-2902	150	15	was	be	AUX
cblr-2902	150	16	between	between	ADP
cblr-2902	150	17	1.25	1.25	NUM
cblr-2902	150	18	%	%	NOUN
cblr-2902	150	19	and	and	CCONJ
cblr-2902	150	20	1.75	1.75	NUM
cblr-2902	150	21	%	%	NOUN
cblr-2902	150	22	above	above	ADP
cblr-2902	150	23	a	a	DET
cblr-2902	150	24	base	base	NOUN
cblr-2902	150	25	rate	rate	NOUN
cblr-2902	150	26	.	.	PUNCT
cblr-2902	151	1	even	even	ADV
cblr-2902	151	2	though	though	SCONJ
cblr-2902	151	3	the	the	DET
cblr-2902	151	4	cutoff	cutoff	NOUN
cblr-2902	151	5	for	for	ADP
cblr-2902	151	6	high	high	ADJ
cblr-2902	151	7	-	-	PUNCT
cblr-2902	151	8	yield	yield	NOUN
cblr-2902	151	9	status	status	NOUN
cblr-2902	151	10	was	be	AUX
cblr-2902	151	11	higher	high	ADJ
cblr-2902	151	12	in	in	ADP
cblr-2902	151	13	2006	2006	NUM
cblr-2902	151	14	and	and	CCONJ
cblr-2902	151	15	2007	2007	NUM
cblr-2902	151	16	than	than	ADP
cblr-2902	151	17	in	in	ADP
cblr-2902	151	18	previous	previous	ADJ
cblr-2902	151	19	years	year	NOUN
cblr-2902	151	20	,	,	PUNCT
cblr-2902	151	21	a	a	DET
cblr-2902	151	22	larger	large	ADJ
cblr-2902	151	23	proportion	proportion	NOUN
cblr-2902	151	24	of	of	ADP
cblr-2902	151	25	loans	loan	NOUN
cblr-2902	151	26	qualified	qualified	ADJ
cblr-2902	151	27	as	as	ADP
cblr-2902	151	28	high	high	ADJ
cblr-2902	151	29	-	-	PUNCT
cblr-2902	151	30	yield	yield	NOUN
cblr-2902	151	31	.	.	PUNCT
cblr-2902	152	1	no	no	INTJ
cblr-2902	152	2	.	.	NOUN
cblr-2902	153	1	1	1	NUM
cblr-2902	153	2	:	:	SYM
cblr-2902	153	3	118	118	NUM
cblr-2902	153	4	]	]	PUNCT
cblr-2902	153	5	leveraged	leveraged	ADJ
cblr-2902	153	6	buyout	buyout	NOUN
cblr-2902	153	7	bankruptcies	bankruptcy	NOUN
cblr-2902	153	8	i27	i27	PROPN
cblr-2902	153	9	columbia	columbia	PROPN
cblr-2902	153	10	business	business	PROPN
cblr-2902	153	11	law	law	PROPN
cblr-2902	153	12	review	review	NOUN
cblr-2902	153	13	to	to	ADP
cblr-2902	153	14	2007	2007	NUM
cblr-2902	153	15	boom	boom	NOUN
cblr-2902	153	16	period	period	NOUN
cblr-2902	153	17	was	be	AUX
cblr-2902	153	18	leveraged	leverage	VERB
cblr-2902	153	19	-	-	PUNCT
cblr-2902	153	20	higher	high	ADJ
cblr-2902	153	21	interest	interest	NOUN
cblr-2902	153	22	rate	rate	NOUN
cblr-2902	153	23	loans	loan	NOUN
cblr-2902	153	24	that	that	PRON
cblr-2902	153	25	were	be	AUX
cblr-2902	153	26	likely	likely	ADV
cblr-2902	153	27	considered	consider	VERB
cblr-2902	153	28	to	to	PART
cblr-2902	153	29	involve	involve	VERB
cblr-2902	153	30	greater	great	ADJ
cblr-2902	153	31	risk	risk	NOUN
cblr-2902	153	32	than	than	ADP
cblr-2902	153	33	traditional	traditional	ADJ
cblr-2902	153	34	bank	bank	NOUN
cblr-2902	153	35	lending	lending	NOUN
cblr-2902	153	36	when	when	SCONJ
cblr-2902	153	37	made	make	VERB
cblr-2902	153	38	.	.	PUNCT
cblr-2902	154	1	in	in	ADP
cblr-2902	154	2	2007	2007	NUM
cblr-2902	154	3	,	,	PUNCT
cblr-2902	154	4	the	the	DET
cblr-2902	154	5	peak	peak	NOUN
cblr-2902	154	6	year	year	NOUN
cblr-2902	154	7	,	,	PUNCT
cblr-2902	154	8	more	more	ADJ
cblr-2902	154	9	than	than	ADP
cblr-2902	154	10	$	$	SYM
cblr-2902	154	11	4.1	4.1	NUM
cblr-2902	154	12	trillion	trillion	NUM
cblr-2902	154	13	in	in	ADP
cblr-2902	154	14	new	new	ADJ
cblr-2902	154	15	loans	loan	NOUN
cblr-2902	154	16	were	be	AUX
cblr-2902	154	17	made	make	VERB
cblr-2902	154	18	,	,	PUNCT
cblr-2902	154	19	nearly	nearly	ADV
cblr-2902	154	20	$	$	SYM
cblr-2902	154	21	2.7	2.7	NUM
cblr-2902	154	22	trillion	trillion	NUM
cblr-2902	154	23	of	of	ADP
cblr-2902	154	24	which	which	PRON
cblr-2902	154	25	were	be	AUX
cblr-2902	154	26	leveraged	leverage	VERB
cblr-2902	154	27	.	.	PUNCT
cblr-2902	155	1	from	from	ADP
cblr-2902	155	2	2004	2004	NUM
cblr-2902	155	3	to	to	ADP
cblr-2902	155	4	2008	2008	NUM
cblr-2902	155	5	,	,	PUNCT
cblr-2902	155	6	there	there	PRON
cblr-2902	155	7	were	be	VERB
cblr-2902	155	8	a	a	DET
cblr-2902	155	9	total	total	NOUN
cblr-2902	155	10	of	of	ADP
cblr-2902	155	11	over	over	ADP
cblr-2902	155	12	$	$	SYM
cblr-2902	155	13	15.5	15.5	NUM
cblr-2902	155	14	trillion	trillion	NUM
cblr-2902	155	15	in	in	ADP
cblr-2902	155	16	new	new	ADJ
cblr-2902	155	17	loans	loan	NOUN
cblr-2902	155	18	,	,	PUNCT
cblr-2902	155	19	$	$	SYM
cblr-2902	155	20	8.4	8.4	NUM
cblr-2902	155	21	trillion	trillion	NUM
cblr-2902	155	22	of	of	ADP
cblr-2902	155	23	which	which	PRON
cblr-2902	155	24	were	be	AUX
cblr-2902	155	25	leveraged	leverage	VERB
cblr-2902	155	26	.	.	PUNCT
cblr-2902	156	1	although	although	SCONJ
cblr-2902	156	2	many	many	ADJ
cblr-2902	156	3	of	of	ADP
cblr-2902	156	4	these	these	DET
cblr-2902	156	5	loans	loan	NOUN
cblr-2902	156	6	were	be	AUX
cblr-2902	156	7	for	for	ADP
cblr-2902	156	8	ordinary	ordinary	ADJ
cblr-2902	156	9	purposes	purpose	NOUN
cblr-2902	156	10	that	that	PRON
cblr-2902	156	11	are	be	AUX
cblr-2902	156	12	rarely	rarely	ADV
cblr-2902	156	13	challenged	challenge	VERB
cblr-2902	156	14	under	under	ADP
cblr-2902	156	15	a	a	DET
cblr-2902	156	16	theory	theory	NOUN
cblr-2902	156	17	of	of	ADP
cblr-2902	156	18	fraudulent	fraudulent	ADJ
cblr-2902	156	19	transfer	transfer	NOUN
cblr-2902	156	20	-	-	PUNCT
cblr-2902	156	21	for	for	ADP
cblr-2902	156	22	example	example	NOUN
cblr-2902	156	23	,	,	PUNCT
cblr-2902	156	24	refinancing	refinance	VERB
cblr-2902	156	25	existing	exist	VERB
cblr-2902	156	26	debt	debt	NOUN
cblr-2902	156	27	or	or	CCONJ
cblr-2902	156	28	financing	financing	NOUN
cblr-2902	156	29	working	work	VERB
cblr-2902	156	30	capital	capital	NOUN
cblr-2902	156	31	-	-	PUNCT
cblr-2902	156	32	some	some	PRON
cblr-2902	156	33	of	of	ADP
cblr-2902	156	34	these	these	DET
cblr-2902	156	35	loans	loan	NOUN
cblr-2902	156	36	were	be	AUX
cblr-2902	156	37	at	at	ADP
cblr-2902	156	38	least	least	ADJ
cblr-2902	156	39	in	in	ADP
cblr-2902	156	40	part	part	NOUN
cblr-2902	156	41	used	use	VERB
cblr-2902	156	42	to	to	PART
cblr-2902	156	43	finance	finance	VERB
cblr-2902	156	44	leveraged	leveraged	ADJ
cblr-2902	156	45	transactions	transaction	NOUN
cblr-2902	156	46	.	.	PUNCT
cblr-2902	157	1	these	these	DET
cblr-2902	157	2	transactions	transaction	NOUN
cblr-2902	157	3	,	,	PUNCT
cblr-2902	157	4	including	include	VERB
cblr-2902	157	5	leveraged	leveraged	ADJ
cblr-2902	157	6	buyouts	buyout	NOUN
cblr-2902	157	7	(	(	PUNCT
cblr-2902	157	8	"	"	PUNCT
cblr-2902	157	9	lbos	lbo	NOUN
cblr-2902	157	10	"	"	PUNCT
cblr-2902	157	11	)	)	PUNCT
cblr-2902	157	12	,	,	PUNCT
cblr-2902	157	13	dividend	dividend	NOUN
cblr-2902	157	14	recapitalizations	recapitalization	NOUN
cblr-2902	157	15	,	,	PUNCT
cblr-2902	157	16	and	and	CCONJ
cblr-2902	157	17	corporate	corporate	ADJ
cblr-2902	157	18	spin	spin	NOUN
cblr-2902	157	19	-	-	PUNCT
cblr-2902	157	20	offs	off	NOUN
cblr-2902	157	21	,	,	PUNCT
cblr-2902	157	22	are	be	AUX
cblr-2902	157	23	frequently	frequently	ADV
cblr-2902	157	24	challenged	challenge	VERB
cblr-2902	157	25	under	under	ADP
cblr-2902	157	26	fraudulent	fraudulent	ADJ
cblr-2902	157	27	transfer	transfer	NOUN
cblr-2902	157	28	law	law	NOUN
cblr-2902	157	29	.	.	PUNCT
cblr-2902	158	1	bank	bank	NOUN
cblr-2902	158	2	loan	loan	NOUN
cblr-2902	158	3	volumes	volume	NOUN
cblr-2902	158	4	and	and	CCONJ
cblr-2902	158	5	certain	certain	ADJ
cblr-2902	158	6	deal	deal	NOUN
cblr-2902	158	7	volumes	volume	NOUN
cblr-2902	158	8	during	during	ADP
cblr-2902	158	9	the	the	DET
cblr-2902	158	10	previous	previous	ADJ
cblr-2902	158	11	four	four	NUM
cblr-2902	158	12	to	to	PART
cblr-2902	158	13	six	six	NUM
cblr-2902	158	14	years	year	NOUN
cblr-2902	158	15	are	be	AUX
cblr-2902	158	16	good	good	ADJ
cblr-2902	158	17	leading	leading	ADJ
cblr-2902	158	18	indicators	indicator	NOUN
cblr-2902	158	19	of	of	ADP
cblr-2902	158	20	potential	potential	ADJ
cblr-2902	158	21	future	future	ADJ
cblr-2902	158	22	fraudulent	fraudulent	ADJ
cblr-2902	158	23	transfer	transfer	NOUN
cblr-2902	158	24	claims	claim	NOUN
cblr-2902	158	25	because	because	SCONJ
cblr-2902	158	26	the	the	DET
cblr-2902	158	27	statute	statute	NOUN
cblr-2902	158	28	of	of	ADP
cblr-2902	158	29	limitations	limitation	NOUN
cblr-2902	158	30	on	on	ADP
cblr-2902	158	31	constructive	constructive	ADJ
cblr-2902	158	32	fraudulent	fraudulent	ADJ
cblr-2902	158	33	transfer	transfer	NOUN
cblr-2902	158	34	claims	claim	NOUN
cblr-2902	158	35	is	be	AUX
cblr-2902	158	36	typically	typically	ADV
cblr-2902	158	37	four	four	NUM
cblr-2902	158	38	to	to	PART
cblr-2902	158	39	six	six	NUM
cblr-2902	158	40	years	year	NOUN
cblr-2902	158	41	.	.	PUNCT
cblr-2902	159	1	lbo	lbo	PROPN
cblr-2902	159	2	transactions	transaction	NOUN
cblr-2902	159	3	became	become	VERB
cblr-2902	159	4	popular	popular	ADJ
cblr-2902	159	5	in	in	ADP
cblr-2902	159	6	the	the	DET
cblr-2902	159	7	1980s	1980	NOUN
cblr-2902	159	8	as	as	ADP
cblr-2902	159	9	a	a	DET
cblr-2902	159	10	method	method	NOUN
cblr-2902	159	11	of	of	ADP
cblr-2902	159	12	facilitating	facilitate	VERB
cblr-2902	159	13	acquisitions	acquisition	NOUN
cblr-2902	159	14	.	.	PUNCT
cblr-2902	159	15	"	"	PUNCT
cblr-2902	160	1	they	they	PRON
cblr-2902	160	2	are	be	AUX
cblr-2902	160	3	credited	credit	VERB
cblr-2902	160	4	with	with	ADP
cblr-2902	160	5	creating	create	VERB
cblr-2902	160	6	a	a	DET
cblr-2902	160	7	market	market	NOUN
cblr-2902	160	8	for	for	ADP
cblr-2902	160	9	corporate	corporate	ADJ
cblr-2902	160	10	control	control	NOUN
cblr-2902	160	11	by	by	ADP
cblr-2902	160	12	funding	fund	VERB
cblr-2902	160	13	many	many	ADJ
cblr-2902	160	14	potential	potential	ADJ
cblr-2902	160	15	owners	owner	NOUN
cblr-2902	160	16	who	who	PRON
cblr-2902	160	17	would	would	AUX
cblr-2902	160	18	not	not	PART
cblr-2902	160	19	otherwise	otherwise	ADV
cblr-2902	160	20	have	have	VERB
cblr-2902	160	21	access	access	NOUN
cblr-2902	160	22	to	to	ADP
cblr-2902	160	23	sufficient	sufficient	ADJ
cblr-2902	160	24	capital	capital	NOUN
cblr-2902	160	25	.	.	PUNCT
cblr-2902	161	1	by	by	ADP
cblr-2902	161	2	introducing	introduce	VERB
cblr-2902	161	3	competition	competition	NOUN
cblr-2902	161	4	for	for	ADP
cblr-2902	161	5	control	control	NOUN
cblr-2902	161	6	,	,	PUNCT
cblr-2902	161	7	the	the	DET
cblr-2902	161	8	prospect	prospect	NOUN
cblr-2902	161	9	of	of	ADP
cblr-2902	161	10	an	an	DET
cblr-2902	161	11	lbo	lbo	PROPN
cblr-2902	161	12	can	can	AUX
cblr-2902	161	13	put	put	VERB
cblr-2902	161	14	performance	performance	NOUN
cblr-2902	161	15	pressure	pressure	NOUN
cblr-2902	161	16	on	on	ADP
cblr-2902	161	17	existing	exist	VERB
cblr-2902	161	18	management	management	NOUN
cblr-2902	161	19	and	and	CCONJ
cblr-2902	161	20	benefit	benefit	NOUN
cblr-2902	161	21	investors	investor	NOUN
cblr-2902	161	22	.	.	PUNCT
cblr-2902	161	23	"	"	PUNCT
cblr-2902	162	1	changes	change	NOUN
cblr-2902	162	2	in	in	ADP
cblr-2902	162	3	a	a	DET
cblr-2902	162	4	firm	firm	NOUN
cblr-2902	162	5	's	's	PART
cblr-2902	162	6	capital	capital	NOUN
cblr-2902	162	7	structure	structure	NOUN
cblr-2902	162	8	and	and	CCONJ
cblr-2902	162	9	ownership	ownership	NOUN
cblr-2902	162	10	can	can	AUX
cblr-2902	162	11	also	also	ADV
cblr-2902	162	12	potentially	potentially	ADV
cblr-2902	162	13	increase	increase	VERB
cblr-2902	162	14	the	the	DET
cblr-2902	162	15	value	value	NOUN
cblr-2902	162	16	of	of	ADP
cblr-2902	162	17	the	the	DET
cblr-2902	162	18	firm	firm	NOUN
cblr-2902	162	19	by	by	ADP
cblr-2902	162	20	improving	improve	VERB
cblr-2902	162	21	corporate	corporate	ADJ
cblr-2902	162	22	governance	governance	NOUN
cblr-2902	162	23	and	and	CCONJ
cblr-2902	162	24	reducing	reduce	VERB
cblr-2902	162	25	taxes	taxis	NOUN
cblr-2902	162	26	.	.	PUNCT
cblr-2902	162	27	"	"	PUNCT
cblr-2902	163	1	most	most	ADJ
cblr-2902	163	2	empirical	empirical	ADJ
cblr-2902	163	3	studies	study	NOUN
cblr-2902	163	4	suggest	suggest	VERB
cblr-2902	163	5	that	that	SCONJ
cblr-2902	163	6	on	on	ADP
cblr-2902	163	7	"	"	PUNCT
cblr-2902	163	8	steven	steven	PROPN
cblr-2902	163	9	l.	l.	PROPN
cblr-2902	163	10	schwarcz	schwarcz	PROPN
cblr-2902	163	11	,	,	PUNCT
cblr-2902	163	12	rethinking	rethink	VERB
cblr-2902	163	13	a	a	DET
cblr-2902	163	14	corporation	corporation	NOUN
cblr-2902	163	15	's	's	PART
cblr-2902	163	16	obligations	obligation	NOUN
cblr-2902	163	17	to	to	ADP
cblr-2902	163	18	creditors	creditor	NOUN
cblr-2902	163	19	,	,	PUNCT
cblr-2902	163	20	17	17	NUM
cblr-2902	163	21	cardozo	cardozo	PROPN
cblr-2902	163	22	l.	l.	PROPN
cblr-2902	163	23	rev	rev	PROPN
cblr-2902	163	24	.	.	PROPN
cblr-2902	163	25	647	647	NUM
cblr-2902	163	26	,	,	PUNCT
cblr-2902	163	27	649	649	NUM
cblr-2902	163	28	(	(	PUNCT
cblr-2902	163	29	1996	1996	NUM
cblr-2902	163	30	)	)	PUNCT
cblr-2902	163	31	.	.	PUNCT
cblr-2902	164	1	18	18	NUM
cblr-2902	164	2	i	i	NOUN
cblr-2902	164	3	d.	d.	PROPN
cblr-2902	164	4	1	1	NUM
cblr-2902	164	5	douglas	douglas	PROPN
cblr-2902	164	6	g.	g.	PROPN
cblr-2902	164	7	baird	baird	PROPN
cblr-2902	164	8	,	,	PUNCT
cblr-2902	164	9	fraudulent	fraudulent	ADJ
cblr-2902	164	10	conveyances	conveyance	NOUN
cblr-2902	164	11	,	,	PUNCT
cblr-2902	164	12	agency	agency	NOUN
cblr-2902	164	13	costs	cost	NOUN
cblr-2902	164	14	and	and	CCONJ
cblr-2902	164	15	leveraged	leveraged	ADJ
cblr-2902	164	16	buyouts	buyout	NOUN
cblr-2902	164	17	,	,	PUNCT
cblr-2902	164	18	20	20	NUM
cblr-2902	164	19	j.	j.	PROPN
cblr-2902	164	20	legal	legal	ADJ
cblr-2902	164	21	stud	stud	NOUN
cblr-2902	164	22	.	.	PUNCT
cblr-2902	165	1	1	1	NUM
cblr-2902	165	2	,	,	PUNCT
cblr-2902	165	3	5	5	NUM
cblr-2902	165	4	-	-	SYM
cblr-2902	165	5	7	7	NUM
cblr-2902	165	6	(	(	PUNCT
cblr-2902	165	7	1991	1991	NUM
cblr-2902	165	8	)	)	PUNCT
cblr-2902	165	9	(	(	PUNCT
cblr-2902	165	10	providing	provide	VERB
cblr-2902	165	11	a	a	DET
cblr-2902	165	12	general	general	ADJ
cblr-2902	165	13	discussion	discussion	NOUN
cblr-2902	165	14	of	of	ADP
cblr-2902	165	15	the	the	DET
cblr-2902	165	16	potential	potential	ADJ
cblr-2902	165	17	benefits	benefit	NOUN
cblr-2902	165	18	of	of	ADP
cblr-2902	165	19	lbos	lbo	NOUN
cblr-2902	165	20	)	)	PUNCT
cblr-2902	165	21	;	;	PUNCT
cblr-2902	165	22	michael	michael	PROPN
cblr-2902	165	23	c.	c.	PROPN
cblr-2902	165	24	jensen	jensen	PROPN
cblr-2902	165	25	,	,	PUNCT
cblr-2902	165	26	agency	agency	NOUN
cblr-2902	165	27	costs	cost	NOUN
cblr-2902	165	28	of	of	ADP
cblr-2902	165	29	free	free	ADJ
cblr-2902	165	30	cash	cash	NOUN
cblr-2902	165	31	flow	flow	NOUN
cblr-2902	165	32	,	,	PUNCT
cblr-2902	165	33	corporate	corporate	ADJ
cblr-2902	165	34	finance	finance	NOUN
cblr-2902	165	35	,	,	PUNCT
cblr-2902	165	36	and	and	CCONJ
cblr-2902	165	37	takeovers	takeover	NOUN
cblr-2902	165	38	,	,	PUNCT
cblr-2902	165	39	76	76	NUM
cblr-2902	165	40	am	am	NOUN
cblr-2902	165	41	.	.	PUNCT
cblr-2902	166	1	econ	econ	PROPN
cblr-2902	166	2	.	.	PUNCT
cblr-2902	167	1	rev	rev	PROPN
cblr-2902	167	2	.	.	PROPN
cblr-2902	167	3	323	323	NUM
cblr-2902	167	4	(	(	PUNCT
cblr-2902	167	5	1986	1986	NUM
cblr-2902	167	6	)	)	PUNCT
cblr-2902	167	7	.	.	PUNCT
cblr-2902	168	1	128	128	NUM
cblr-2902	169	1	[	[	X
cblr-2902	169	2	vol	vol	NOUN
cblr-2902	169	3	.	.	PUNCT
cblr-2902	169	4	2011	2011	NUM
cblr-2902	169	5	average	average	NOUN
cblr-2902	169	6	,	,	PUNCT
cblr-2902	169	7	lbos	lbo	NOUN
cblr-2902	169	8	create	create	VERB
cblr-2902	169	9	value	value	NOUN
cblr-2902	169	10	for	for	ADP
cblr-2902	169	11	the	the	DET
cblr-2902	169	12	firm	firm	NOUN
cblr-2902	169	13	as	as	ADP
cblr-2902	169	14	a	a	DET
cblr-2902	169	15	whole	whole	NOUN
cblr-2902	169	16	but	but	CCONJ
cblr-2902	169	17	also	also	ADV
cblr-2902	169	18	transfer	transfer	VERB
cblr-2902	169	19	value	value	NOUN
cblr-2902	169	20	from	from	ADP
cblr-2902	169	21	creditors	creditor	NOUN
cblr-2902	169	22	to	to	ADP
cblr-2902	169	23	equity	equity	NOUN
cblr-2902	169	24	holders.20	holders.20	PROPN
cblr-2902	169	25	an	an	DET
cblr-2902	169	26	lbo	lbo	PROPN
cblr-2902	169	27	resembles	resemble	VERB
cblr-2902	169	28	a	a	DET
cblr-2902	169	29	nonrecourse	nonrecourse	NOUN
cblr-2902	169	30	mortgage	mortgage	NOUN
cblr-2902	169	31	,	,	PUNCT
cblr-2902	169	32	in	in	ADP
cblr-2902	169	33	which	which	PRON
cblr-2902	169	34	an	an	DET
cblr-2902	169	35	acquirer	acquirer	NOUN
cblr-2902	169	36	buys	buy	VERB
cblr-2902	169	37	an	an	DET
cblr-2902	169	38	asset	asset	NOUN
cblr-2902	169	39	by	by	ADP
cblr-2902	169	40	borrowing	borrow	VERB
cblr-2902	169	41	funds	fund	NOUN
cblr-2902	169	42	against	against	ADP
cblr-2902	169	43	that	that	DET
cblr-2902	169	44	asset.21	asset.21	NOUN
cblr-2902	169	45	in	in	ADP
cblr-2902	169	46	a	a	DET
cblr-2902	169	47	typical	typical	ADJ
cblr-2902	169	48	lbo	lbo	PROPN
cblr-2902	169	49	transaction	transaction	NOUN
cblr-2902	169	50	,	,	PUNCT
cblr-2902	169	51	the	the	DET
cblr-2902	169	52	acquirer	acquirer	NOUN
cblr-2902	169	53	creates	create	VERB
cblr-2902	169	54	a	a	DET
cblr-2902	169	55	merger	merger	NOUN
cblr-2902	169	56	subsidiary	subsidiary	NOUN
cblr-2902	169	57	.	.	PUNCT
cblr-2902	170	1	at	at	ADP
cblr-2902	170	2	the	the	DET
cblr-2902	170	3	closing	closing	NOUN
cblr-2902	170	4	,	,	PUNCT
cblr-2902	170	5	the	the	DET
cblr-2902	170	6	merger	merger	NOUN
cblr-2902	170	7	subsidiary	subsidiary	NOUN
cblr-2902	170	8	borrows	borrow	VERB
cblr-2902	170	9	funds	fund	NOUN
cblr-2902	170	10	to	to	PART
cblr-2902	170	11	purchase	purchase	VERB
cblr-2902	170	12	the	the	DET
cblr-2902	170	13	equity	equity	NOUN
cblr-2902	170	14	of	of	ADP
cblr-2902	170	15	the	the	DET
cblr-2902	170	16	target	target	NOUN
cblr-2902	170	17	from	from	ADP
cblr-2902	170	18	the	the	DET
cblr-2902	170	19	target	target	NOUN
cblr-2902	170	20	's	's	PART
cblr-2902	170	21	stockholders	stockholder	NOUN
cblr-2902	170	22	,	,	PUNCT
cblr-2902	170	23	often	often	ADV
cblr-2902	170	24	at	at	ADP
cblr-2902	170	25	a	a	DET
cblr-2902	170	26	significant	significant	ADJ
cblr-2902	170	27	premium	premium	NOUN
cblr-2902	170	28	to	to	ADP
cblr-2902	170	29	market	market	NOUN
cblr-2902	170	30	prices	price	NOUN
cblr-2902	170	31	.	.	PUNCT
cblr-2902	171	1	immediately	immediately	ADV
cblr-2902	171	2	after	after	ADP
cblr-2902	171	3	closing	close	VERB
cblr-2902	171	4	,	,	PUNCT
cblr-2902	171	5	the	the	DET
cblr-2902	171	6	acquisition	acquisition	NOUN
cblr-2902	171	7	debt	debt	NOUN
cblr-2902	171	8	is	be	AUX
cblr-2902	171	9	secured	secure	VERB
cblr-2902	171	10	by	by	ADP
cblr-2902	171	11	the	the	DET
cblr-2902	171	12	target	target	NOUN
cblr-2902	171	13	's	's	PART
cblr-2902	171	14	assets	asset	NOUN
cblr-2902	171	15	(	(	PUNCT
cblr-2902	171	16	and	and	CCONJ
cblr-2902	171	17	often	often	ADV
cblr-2902	171	18	its	its	PRON
cblr-2902	171	19	equity	equity	NOUN
cblr-2902	171	20	)	)	PUNCT
cblr-2902	171	21	.	.	PUNCT
cblr-2902	172	1	after	after	ADP
cblr-2902	172	2	the	the	DET
cblr-2902	172	3	lbo	lbo	PROPN
cblr-2902	172	4	,	,	PUNCT
cblr-2902	172	5	the	the	DET
cblr-2902	172	6	target	target	NOUN
cblr-2902	172	7	's	's	PART
cblr-2902	172	8	capital	capital	NOUN
cblr-2902	172	9	structure	structure	NOUN
cblr-2902	172	10	includes	include	VERB
cblr-2902	172	11	more	more	ADJ
cblr-2902	172	12	debt	debt	NOUN
cblr-2902	172	13	and	and	CCONJ
cblr-2902	172	14	fewer	few	ADJ
cblr-2902	172	15	unencumbered	unencumbered	ADJ
cblr-2902	172	16	assets.22	assets.22	NOUN
cblr-2902	172	17	this	this	DET
cblr-2902	172	18	change	change	NOUN
cblr-2902	172	19	in	in	ADP
cblr-2902	172	20	capital	capital	NOUN
cblr-2902	172	21	structure	structure	NOUN
cblr-2902	172	22	may	may	AUX
cblr-2902	172	23	reduce	reduce	VERB
cblr-2902	172	24	the	the	DET
cblr-2902	172	25	recovery	recovery	NOUN
cblr-2902	172	26	of	of	ADP
cblr-2902	172	27	unsecured	unsecured	ADJ
cblr-2902	172	28	creditors	creditor	NOUN
cblr-2902	172	29	if	if	SCONJ
cblr-2902	172	30	the	the	DET
cblr-2902	172	31	company	company	NOUN
cblr-2902	172	32	becomes	become	VERB
cblr-2902	172	33	insolvent.23	insolvent.23	PROPN
cblr-2902	172	34	figure	figure	NOUN
cblr-2902	172	35	2	2	NUM
cblr-2902	172	36	shows	show	VERB
cblr-2902	172	37	the	the	DET
cblr-2902	172	38	volume	volume	NOUN
cblr-2902	172	39	of	of	ADP
cblr-2902	172	40	lbos	lbo	NOUN
cblr-2902	172	41	of	of	ADP
cblr-2902	172	42	u.s	u.s	PROPN
cblr-2902	172	43	.	.	PROPN
cblr-2902	172	44	companies	company	NOUN
cblr-2902	172	45	from	from	ADP
cblr-2902	172	46	1981	1981	NUM
cblr-2902	172	47	to	to	ADP
cblr-2902	172	48	2009	2009	NUM
cblr-2902	172	49	.	.	PUNCT
cblr-2902	173	1	the	the	DET
cblr-2902	173	2	pattern	pattern	NOUN
cblr-2902	173	3	of	of	ADP
cblr-2902	173	4	lbo	lbo	PROPN
cblr-2902	173	5	activity	activity	NOUN
cblr-2902	173	6	resembles	resemble	VERB
cblr-2902	173	7	the	the	DET
cblr-2902	173	8	pattern	pattern	NOUN
cblr-2902	173	9	for	for	ADP
cblr-2902	173	10	syndicated	syndicate	VERB
cblr-2902	173	11	bank	bank	NOUN
cblr-2902	173	12	loans	loan	NOUN
cblr-2902	173	13	,	,	PUNCT
cblr-2902	173	14	but	but	CCONJ
cblr-2902	173	15	the	the	DET
cblr-2902	173	16	run	run	NOUN
cblr-2902	173	17	-	-	PUNCT
cblr-2902	173	18	up	up	NOUN
cblr-2902	173	19	that	that	PRON
cblr-2902	173	20	started	start	VERB
cblr-2902	173	21	in	in	ADP
cblr-2902	173	22	2003	2003	NUM
cblr-2902	173	23	and	and	CCONJ
cblr-2902	173	24	peaked	peak	VERB
cblr-2902	173	25	in	in	ADP
cblr-2902	173	26	2007	2007	NUM
cblr-2902	173	27	,	,	PUNCT
cblr-2902	173	28	and	and	CCONJ
cblr-2902	173	29	the	the	DET
cblr-2902	173	30	subsequent	subsequent	ADJ
cblr-2902	173	31	crash	crash	NOUN
cblr-2902	173	32	in	in	ADP
cblr-2902	173	33	2008	2008	NUM
cblr-2902	173	34	and	and	CCONJ
cblr-2902	173	35	2009	2009	NUM
cblr-2902	173	36	,	,	PUNCT
cblr-2902	173	37	is	be	AUX
cblr-2902	173	38	more	more	ADV
cblr-2902	173	39	pronounced	pronounced	ADJ
cblr-2902	173	40	.	.	PUNCT
cblr-2902	174	1	20	20	NUM
cblr-2902	174	2	shourun	shourun	ADJ
cblr-2902	174	3	guo	guo	PROPN
cblr-2902	174	4	,	,	PUNCT
cblr-2902	174	5	edith	edith	PROPN
cblr-2902	174	6	s.	s.	PROPN
cblr-2902	174	7	hotchkiss	hotchkiss	PROPN
cblr-2902	174	8	&	&	CCONJ
cblr-2902	174	9	weihong	weihong	PROPN
cblr-2902	174	10	song	song	NOUN
cblr-2902	174	11	,	,	PUNCT
cblr-2902	174	12	do	do	AUX
cblr-2902	174	13	buyouts	buyout	NOUN
cblr-2902	174	14	(	(	PUNCT
cblr-2902	174	15	still	still	ADV
cblr-2902	174	16	)	)	PUNCT
cblr-2902	174	17	create	create	VERB
cblr-2902	174	18	value	value	NOUN
cblr-2902	174	19	?	?	PUNCT
cblr-2902	175	1	1	1	NUM
cblr-2902	175	2	-	-	SYM
cblr-2902	175	3	5	5	NUM
cblr-2902	175	4	(	(	PUNCT
cblr-2902	175	5	aug	aug	PROPN
cblr-2902	175	6	.	.	PROPN
cblr-2902	175	7	9	9	NUM
cblr-2902	175	8	,	,	PUNCT
cblr-2902	175	9	2009	2009	NUM
cblr-2902	175	10	)	)	PUNCT
cblr-2902	175	11	,	,	PUNCT
cblr-2902	175	12	http://ssrn.com/paper=1009281	http://ssrn.com/paper=1009281	PROPN
cblr-2902	175	13	(	(	PUNCT
cblr-2902	175	14	forthcoming	forthcoming	ADJ
cblr-2902	175	15	,	,	PUNCT
cblr-2902	175	16	j.	j.	PROPN
cblr-2902	175	17	fin	fin	PROPN
cblr-2902	175	18	.	.	PUNCT
cblr-2902	175	19	)	)	PUNCT
cblr-2902	175	20	;	;	PUNCT
cblr-2902	175	21	arthur	arthur	PROPN
cblr-2902	175	22	warga	warga	PROPN
cblr-2902	175	23	&	&	CCONJ
cblr-2902	175	24	ivo	ivo	PROPN
cblr-2902	175	25	welch	welch	PROPN
cblr-2902	175	26	,	,	PUNCT
cblr-2902	175	27	bondholder	bondholder	NOUN
cblr-2902	175	28	losses	loss	NOUN
cblr-2902	175	29	in	in	ADP
cblr-2902	175	30	leveraged	leveraged	ADJ
cblr-2902	175	31	buyouts	buyout	NOUN
cblr-2902	175	32	,	,	PUNCT
cblr-2902	175	33	6	6	NUM
cblr-2902	175	34	rev	rev	X
cblr-2902	175	35	.	.	PROPN
cblr-2902	175	36	fin	fin	NOUN
cblr-2902	175	37	.	.	PUNCT
cblr-2902	175	38	stud	stud	PROPN
cblr-2902	175	39	.	.	PUNCT
cblr-2902	176	1	960	960	NUM
cblr-2902	176	2	(	(	PUNCT
cblr-2902	176	3	1993	1993	NUM
cblr-2902	176	4	)	)	PUNCT
cblr-2902	176	5	(	(	PUNCT
cblr-2902	176	6	finding	find	VERB
cblr-2902	176	7	large	large	ADJ
cblr-2902	176	8	stockholder	stockholder	NOUN
cblr-2902	176	9	gains	gain	NOUN
cblr-2902	176	10	and	and	CCONJ
cblr-2902	176	11	small	small	ADJ
cblr-2902	176	12	bondholder	bondholder	NOUN
cblr-2902	176	13	losses	loss	NOUN
cblr-2902	176	14	shortly	shortly	ADV
cblr-2902	176	15	after	after	ADP
cblr-2902	176	16	lbo	lbo	PROPN
cblr-2902	176	17	announcements	announcement	NOUN
cblr-2902	176	18	)	)	PUNCT
cblr-2902	176	19	;	;	PUNCT
cblr-2902	176	20	matthew	matthew	PROPN
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cblr-2902	176	23	,	,	PUNCT
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cblr-2902	176	25	jiang	jiang	PROPN
cblr-2902	176	26	&	&	CCONJ
cblr-2902	176	27	erik	erik	PROPN
cblr-2902	176	28	lie	lie	PROPN
cblr-2902	176	29	,	,	PUNCT
cblr-2902	176	30	the	the	DET
cblr-2902	176	31	role	role	NOUN
cblr-2902	176	32	of	of	ADP
cblr-2902	176	33	bondholder	bondholder	NOUN
cblr-2902	176	34	wealth	wealth	PROPN
cblr-2902	176	35	expropriation	expropriation	NOUN
cblr-2902	176	36	in	in	ADP
cblr-2902	176	37	lbo	lbo	PROPN
cblr-2902	176	38	transactions	transaction	NOUN
cblr-2902	176	39	(	(	PUNCT
cblr-2902	176	40	mar	mar	PROPN
cblr-2902	176	41	.	.	PROPN
cblr-2902	176	42	27	27	NUM
cblr-2902	176	43	,	,	PUNCT
cblr-2902	176	44	2008	2008	NUM
cblr-2902	176	45	)	)	PUNCT
cblr-2902	176	46	,	,	PUNCT
cblr-2902	176	47	http://ssrn.com/	http://ssrn.com/	PROPN
cblr-2902	176	48	abstract=	abstract=	PROPN
cblr-2902	176	49	1107448	1107448	NUM
cblr-2902	176	50	.	.	PUNCT
cblr-2902	177	1	21	21	NUM
cblr-2902	177	2	see	see	VERB
cblr-2902	177	3	barry	barry	PROPN
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cblr-2902	177	5	zaretsky	zaretsky	PROPN
cblr-2902	177	6	,	,	PUNCT
cblr-2902	177	7	fraudulent	fraudulent	ADJ
cblr-2902	177	8	transfer	transfer	NOUN
cblr-2902	177	9	law	law	NOUN
cblr-2902	177	10	as	as	ADP
cblr-2902	177	11	the	the	DET
cblr-2902	177	12	arbiter	arbiter	NOUN
cblr-2902	177	13	of	of	ADP
cblr-2902	177	14	unreasonable	unreasonable	ADJ
cblr-2902	177	15	risk	risk	NOUN
cblr-2902	177	16	,	,	PUNCT
cblr-2902	177	17	46	46	NUM
cblr-2902	177	18	s.c	s.c	PROPN
cblr-2902	177	19	.	.	PROPN
cblr-2902	177	20	l.	l.	PROPN
cblr-2902	177	21	rev	rev	PROPN
cblr-2902	177	22	.	.	PROPN
cblr-2902	177	23	1165	1165	NUM
cblr-2902	177	24	,	,	PUNCT
cblr-2902	177	25	1178	1178	NUM
cblr-2902	177	26	-	-	SYM
cblr-2902	177	27	79	79	NUM
cblr-2902	177	28	(	(	PUNCT
cblr-2902	177	29	1995	1995	NUM
cblr-2902	177	30	)	)	PUNCT
cblr-2902	177	31	.	.	PUNCT
cblr-2902	178	1	22	22	NUM
cblr-2902	178	2	see	see	VERB
cblr-2902	178	3	,	,	PUNCT
cblr-2902	178	4	e.g.	e.g.	ADV
cblr-2902	178	5	,	,	PUNCT
cblr-2902	178	6	mellon	mellon	PROPN
cblr-2902	178	7	bank	bank	PROPN
cblr-2902	178	8	,	,	PUNCT
cblr-2902	178	9	n.a	n.a	PROPN
cblr-2902	178	10	.	.	PROPN
cblr-2902	179	1	v.	v.	PROPN
cblr-2902	179	2	metro	metro	PROPN
cblr-2902	179	3	commc'ns	commc'ns	PROPN
cblr-2902	179	4	,	,	PUNCT
cblr-2902	179	5	inc	inc	PROPN
cblr-2902	179	6	.	.	PROPN
cblr-2902	179	7	,	,	PUNCT
cblr-2902	179	8	945	945	NUM
cblr-2902	179	9	f.2d	f.2d	ADP
cblr-2902	179	10	635	635	NUM
cblr-2902	179	11	,	,	PUNCT
cblr-2902	179	12	645	645	NUM
cblr-2902	179	13	-	-	SYM
cblr-2902	179	14	46	46	NUM
cblr-2902	179	15	(	(	PUNCT
cblr-2902	179	16	3d	3d	PROPN
cblr-2902	179	17	cir	cir	NOUN
cblr-2902	179	18	.	.	PROPN
cblr-2902	179	19	1991	1991	NUM
cblr-2902	179	20	)	)	PUNCT
cblr-2902	179	21	.	.	PUNCT
cblr-2902	179	22	23	23	NUM
cblr-2902	180	1	i	i	PRON
cblr-2902	180	2	d.	d.	PROPN
cblr-2902	180	3	le	le	PROPN
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cblr-2902	180	6	b	b	PROPN
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cblr-2902	180	8	ut	ut	PROPN
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cblr-2902	180	11	129no	129no	PROPN
cblr-2902	180	12	.	.	PUNCT
cblr-2902	181	1	1:118	1:118	NUM
cblr-2902	181	2	]	]	X
cblr-2902	181	3	columbia	columbia	PROPN
cblr-2902	181	4	business	business	PROPN
cblr-2902	181	5	law	law	PROPN
cblr-2902	181	6	review	review	NOUN
cblr-2902	181	7	figure	figure	NOUN
cblr-2902	181	8	2	2	NUM
cblr-2902	181	9	:	:	PUNCT
cblr-2902	181	10	the	the	DET
cblr-2902	181	11	2003	2003	NUM
cblr-2902	181	12	-	-	SYM
cblr-2902	181	13	2008	2008	NUM
cblr-2902	181	14	lbo	lbo	PROPN
cblr-2902	181	15	boom	boom	NOUN
cblr-2902	181	16	was	be	AUX
cblr-2902	181	17	the	the	DET
cblr-2902	181	18	largest	large	ADJ
cblr-2902	181	19	in	in	ADP
cblr-2902	181	20	30	30	NUM
cblr-2902	181	21	years	year	NOUN
cblr-2902	181	22	leveraged	leverage	VERB
cblr-2902	181	23	buyouts	buyout	NOUN
cblr-2902	181	24	of	of	ADP
cblr-2902	181	25	u.s	u.s	PROPN
cblr-2902	181	26	.	.	PROPN
cblr-2902	181	27	targets	target	NOUN
cblr-2902	181	28	deal	deal	NOUN
cblr-2902	181	29	value	value	NOUN
cblr-2902	181	30	,	,	PUNCT
cblr-2902	181	31	usd	usd	NOUN
cblr-2902	181	32	billions	billion	NOUN
cblr-2902	181	33	,	,	PUNCT
cblr-2902	181	34	1981	1981	NUM
cblr-2902	181	35	-	-	SYM
cblr-2902	181	36	2009	2009	NUM
cblr-2902	181	37	$	$	SYM
cblr-2902	181	38	450	450	NUM
cblr-2902	182	1	$	$	SYM
cblr-2902	182	2	400	400	NUM
cblr-2902	182	3	$	$	SYM
cblr-2902	182	4	350	350	NUM
cblr-2902	182	5	$	$	SYM
cblr-2902	182	6	300	300	NUM
cblr-2902	182	7	$	$	SYM
cblr-2902	182	8	250	250	NUM
cblr-2902	182	9	$	$	SYM
cblr-2902	182	10	200	200	NUM
cblr-2902	182	11	$	$	SYM
cblr-2902	182	12	150	150	NUM
cblr-2902	182	13	$	$	SYM
cblr-2902	182	14	100	100	NUM
cblr-2902	182	15	$	$	SYM
cblr-2902	182	16	50	50	NUM
cblr-2902	182	17	$	$	SYM
cblr-2902	182	18	0	0	NUM
cblr-2902	182	19	*	*	PUNCT
cblr-2902	182	20	thomson	thomson	PROPN
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cblr-2902	182	22	6,884	6,884	NUM
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cblr-2902	182	25	1981	1981	NUM
cblr-2902	182	26	to	to	ADP
cblr-2902	182	27	2009	2009	NUM
cblr-2902	182	28	.	.	PUNCT
cblr-2902	183	1	deal	deal	NOUN
cblr-2902	183	2	value	value	NOUN
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cblr-2902	183	4	reported	report	VERB
cblr-2902	183	5	for	for	ADP
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cblr-2902	183	7	2,923	2,923	NUM
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cblr-2902	183	9	.	.	PUNCT
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cblr-2902	184	2	:	:	PUNCT
cblr-2902	184	3	thomson	thomson	PROPN
cblr-2902	184	4	financial	financial	ADJ
cblr-2902	184	5	mergers	merger	NOUN
cblr-2902	184	6	&	&	CCONJ
cblr-2902	184	7	acquisitions	acquisition	NOUN
cblr-2902	184	8	database	database	NOUN
cblr-2902	184	9	in	in	ADP
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cblr-2902	184	12	year	year	NOUN
cblr-2902	184	13	,	,	PUNCT
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cblr-2902	184	15	,	,	PUNCT
cblr-2902	184	16	the	the	DET
cblr-2902	184	17	value	value	NOUN
cblr-2902	184	18	of	of	ADP
cblr-2902	184	19	lbo	lbo	PROPN
cblr-2902	184	20	deals	deal	VERB
cblr-2902	184	21	in	in	ADP
cblr-2902	184	22	the	the	DET
cblr-2902	184	23	united	united	PROPN
cblr-2902	184	24	states	states	PROPN
cblr-2902	184	25	totaled	total	VERB
cblr-2902	184	26	more	more	ADJ
cblr-2902	184	27	than	than	ADP
cblr-2902	184	28	$	$	SYM
cblr-2902	184	29	400	400	NUM
cblr-2902	184	30	billion	billion	NUM
cblr-2902	184	31	.	.	PUNCT
cblr-2902	185	1	from	from	ADP
cblr-2902	185	2	2004	2004	NUM
cblr-2902	185	3	to	to	ADP
cblr-2902	185	4	2008	2008	NUM
cblr-2902	185	5	,	,	PUNCT
cblr-2902	185	6	the	the	DET
cblr-2902	185	7	lbo	lbo	PROPN
cblr-2902	185	8	value	value	NOUN
cblr-2902	185	9	totaled	total	VERB
cblr-2902	185	10	more	more	ADJ
cblr-2902	185	11	than	than	ADP
cblr-2902	185	12	$	$	SYM
cblr-2902	185	13	800	800	NUM
cblr-2902	185	14	billion.24	billion.24	NOUN
cblr-2902	185	15	although	although	SCONJ
cblr-2902	185	16	it	it	PRON
cblr-2902	185	17	is	be	AUX
cblr-2902	185	18	difficult	difficult	ADJ
cblr-2902	185	19	to	to	PART
cblr-2902	185	20	predict	predict	VERB
cblr-2902	185	21	precisely	precisely	ADV
cblr-2902	185	22	what	what	DET
cblr-2902	185	23	proportion	proportion	NOUN
cblr-2902	185	24	of	of	ADP
cblr-2902	185	25	borrowers	borrower	NOUN
cblr-2902	185	26	will	will	AUX
cblr-2902	185	27	file	file	VERB
cblr-2902	185	28	bankruptcy	bankruptcy	NOUN
cblr-2902	185	29	and	and	CCONJ
cblr-2902	185	30	when	when	SCONJ
cblr-2902	185	31	they	they	PRON
cblr-2902	185	32	will	will	AUX
cblr-2902	185	33	file	file	VERB
cblr-2902	185	34	,	,	PUNCT
cblr-2902	185	35	a	a	DET
cblr-2902	185	36	recent	recent	ADJ
cblr-2902	185	37	study	study	NOUN
cblr-2902	185	38	by	by	ADP
cblr-2902	185	39	the	the	DET
cblr-2902	185	40	boston	boston	PROPN
cblr-2902	185	41	consulting	consulting	PROPN
cblr-2902	185	42	group	group	PROPN
cblr-2902	185	43	and	and	CCONJ
cblr-2902	185	44	iese	iese	PROPN
cblr-2902	185	45	business	business	NOUN
cblr-2902	185	46	school	school	NOUN
cblr-2902	185	47	suggests	suggest	VERB
cblr-2902	185	48	that	that	SCONJ
cblr-2902	185	49	approximately	approximately	ADV
cblr-2902	185	50	half	half	NOUN
cblr-2902	185	51	of	of	ADP
cblr-2902	185	52	former	former	ADJ
cblr-2902	185	53	lbo	lbo	PROPN
cblr-2902	185	54	targets	target	NOUN
cblr-2902	185	55	are	be	AUX
cblr-2902	185	56	more	more	ADV
cblr-2902	185	57	likely	likely	ADJ
cblr-2902	185	58	than	than	SCONJ
cblr-2902	185	59	not	not	PART
cblr-2902	185	60	to	to	PART
cblr-2902	185	61	default	default	VERB
cblr-2902	185	62	on	on	ADP
cblr-2902	185	63	their	their	PRON
cblr-2902	185	64	debts	debt	NOUN
cblr-2902	185	65	within	within	ADP
cblr-2902	185	66	the	the	DET
cblr-2902	185	67	next	next	ADJ
cblr-2902	185	68	few	few	ADJ
cblr-2902	185	69	years.2	years.2	NOUN
cblr-2902	185	70	5	5	NUM
cblr-2902	185	71	in	in	ADP
cblr-2902	185	72	addition	addition	NOUN
cblr-2902	185	73	,	,	PUNCT
cblr-2902	185	74	debt	debt	NOUN
cblr-2902	185	75	maturities	maturity	NOUN
cblr-2902	185	76	are	be	AUX
cblr-2902	185	77	expected	expect	VERB
cblr-2902	185	78	to	to	PART
cblr-2902	185	79	peak	peak	VERB
cblr-2902	185	80	in	in	ADP
cblr-2902	185	81	2012	2012	NUM
cblr-2902	185	82	-	-	SYM
cblr-2902	185	83	2014	2014	NUM
cblr-2902	185	84	,	,	PUNCT
cblr-2902	185	85	potentially	potentially	ADV
cblr-2902	185	86	24	24	NUM
cblr-2902	185	87	these	these	DET
cblr-2902	185	88	numbers	number	NOUN
cblr-2902	185	89	are	be	AUX
cblr-2902	185	90	probably	probably	ADV
cblr-2902	185	91	conservative	conservative	ADJ
cblr-2902	185	92	.	.	PUNCT
cblr-2902	186	1	deal	deal	NOUN
cblr-2902	186	2	values	value	NOUN
cblr-2902	186	3	were	be	AUX
cblr-2902	186	4	not	not	PART
cblr-2902	186	5	reported	report	VERB
cblr-2902	186	6	,	,	PUNCT
cblr-2902	186	7	and	and	CCONJ
cblr-2902	186	8	therefore	therefore	ADV
cblr-2902	186	9	not	not	PART
cblr-2902	186	10	included	include	VERB
cblr-2902	186	11	,	,	PUNCT
cblr-2902	186	12	for	for	ADP
cblr-2902	186	13	approximately	approximately	ADV
cblr-2902	186	14	1,800	1,800	NUM
cblr-2902	186	15	of	of	ADP
cblr-2902	186	16	the	the	DET
cblr-2902	186	17	2,500	2,500	NUM
cblr-2902	186	18	u.s	u.s	PROPN
cblr-2902	186	19	.	.	PROPN
cblr-2902	186	20	lbos	lbos	PROPN
cblr-2902	186	21	in	in	ADP
cblr-2902	186	22	2004	2004	NUM
cblr-2902	186	23	-	-	SYM
cblr-2902	186	24	2008	2008	NUM
cblr-2902	186	25	.	.	PUNCT
cblr-2902	187	1	25	25	NUM
cblr-2902	187	2	heino	heino	PROPN
cblr-2902	187	3	meerkatt	meerkatt	PROPN
cblr-2902	187	4	&	&	CCONJ
cblr-2902	187	5	heinrich	heinrich	PROPN
cblr-2902	187	6	liechtenstein	liechtenstein	PROPN
cblr-2902	187	7	,	,	PUNCT
cblr-2902	187	8	bos	bos	PROPN
cblr-2902	187	9	.	.	PUNCT
cblr-2902	187	10	consulting	consult	VERB
cblr-2902	187	11	grp	grp	PROPN
cblr-2902	187	12	.	.	PROPN
cblr-2902	187	13	,	,	PUNCT
cblr-2902	187	14	get	get	VERB
cblr-2902	187	15	ready	ready	ADJ
cblr-2902	187	16	for	for	ADP
cblr-2902	187	17	the	the	DET
cblr-2902	187	18	private	private	ADJ
cblr-2902	187	19	-	-	PUNCT
cblr-2902	187	20	equity	equity	NOUN
cblr-2902	187	21	shakeout	shakeout	NOUN
cblr-2902	187	22	:	:	PUNCT
cblr-2902	187	23	will	will	AUX
cblr-2902	187	24	this	this	PRON
cblr-2902	187	25	be	be	AUX
cblr-2902	187	26	the	the	DET
cblr-2902	187	27	next	next	ADJ
cblr-2902	187	28	shock	shock	NOUN
cblr-2902	187	29	to	to	ADP
cblr-2902	187	30	the	the	DET
cblr-2902	187	31	global	global	ADJ
cblr-2902	187	32	economy	economy	NOUN
cblr-2902	187	33	?	?	PUNCT
cblr-2902	188	1	3	3	NUM
cblr-2902	188	2	,	,	PUNCT
cblr-2902	188	3	4	4	NUM
cblr-2902	188	4	(	(	PUNCT
cblr-2902	188	5	dec	dec	PROPN
cblr-2902	188	6	.	.	PROPN
cblr-2902	188	7	2008	2008	NUM
cblr-2902	188	8	)	)	PUNCT
cblr-2902	188	9	,	,	PUNCT
cblr-2902	188	10	http://www	http://www	PROPN
cblr-2902	188	11	.	.	PUNCT
cblr-2902	188	12	insead.edu/alumni/emails/ipensept09heino.pdf	insead.edu/alumni/emails/ipensept09heino.pdf	PROPN
cblr-2902	188	13	.	.	PUNCT
cblr-2902	189	1	[	[	X
cblr-2902	189	2	vol	vol	NOUN
cblr-2902	189	3	.	.	PUNCT
cblr-2902	189	4	2011130	2011130	NUM
cblr-2902	189	5	setting	set	VERB
cblr-2902	189	6	off	off	ADP
cblr-2902	189	7	a	a	DET
cblr-2902	189	8	wave	wave	NOUN
cblr-2902	189	9	of	of	ADP
cblr-2902	189	10	bankruptcies	bankruptcy	NOUN
cblr-2902	189	11	as	as	SCONJ
cblr-2902	189	12	struggling	struggle	VERB
cblr-2902	189	13	debtors	debtor	NOUN
cblr-2902	189	14	are	be	AUX
cblr-2902	189	15	unable	unable	ADJ
cblr-2902	189	16	to	to	PART
cblr-2902	189	17	refinance	refinance	VERB
cblr-2902	189	18	their	their	PRON
cblr-2902	189	19	long	long	ADJ
cblr-2902	189	20	-	-	PUNCT
cblr-2902	189	21	term	term	NOUN
cblr-2902	189	22	debt.26	debt.26	ADJ
cblr-2902	189	23	figure	figure	NOUN
cblr-2902	189	24	3	3	NUM
cblr-2902	189	25	:	:	PUNCT
cblr-2902	189	26	leveraged	leveraged	ADJ
cblr-2902	189	27	loan	loan	NOUN
cblr-2902	189	28	maturities	maturity	NOUN
cblr-2902	189	29	will	will	AUX
cblr-2902	189	30	peak	peak	VERB
cblr-2902	189	31	in	in	ADP
cblr-2902	189	32	2012	2012	NUM
cblr-2902	189	33	-	-	SYM
cblr-2902	189	34	2014	2014	NUM
cblr-2902	189	35	absent	absent	ADJ
cblr-2902	189	36	fraudulent	fraudulent	ADJ
cblr-2902	189	37	transfer	transfer	NOUN
cblr-2902	189	38	law	law	NOUN
cblr-2902	189	39	and	and	CCONJ
cblr-2902	189	40	related	relate	VERB
cblr-2902	189	41	avoidance	avoidance	NOUN
cblr-2902	189	42	actions	action	NOUN
cblr-2902	189	43	,	,	PUNCT
cblr-2902	189	44	losses	loss	NOUN
cblr-2902	189	45	in	in	ADP
cblr-2902	189	46	bankruptcy	bankruptcy	NOUN
cblr-2902	189	47	would	would	AUX
cblr-2902	189	48	be	be	AUX
cblr-2902	189	49	allocated	allocate	VERB
cblr-2902	189	50	roughly	roughly	ADV
cblr-2902	189	51	according	accord	VERB
cblr-2902	189	52	to	to	ADP
cblr-2902	189	53	the	the	DET
cblr-2902	189	54	absolute	absolute	ADJ
cblr-2902	189	55	priority	priority	NOUN
cblr-2902	189	56	rule	rule	NOUN
cblr-2902	189	57	.	.	PUNCT
cblr-2902	190	1	in	in	ADP
cblr-2902	190	2	effect	effect	NOUN
cblr-2902	190	3	,	,	PUNCT
cblr-2902	190	4	losses	loss	NOUN
cblr-2902	190	5	would	would	AUX
cblr-2902	190	6	first	first	ADV
cblr-2902	190	7	be	be	AUX
cblr-2902	190	8	absorbed	absorb	VERB
cblr-2902	190	9	by	by	ADP
cblr-2902	190	10	current	current	ADJ
cblr-2902	190	11	equity	equity	NOUN
cblr-2902	190	12	holders	holder	NOUN
cblr-2902	190	13	until	until	SCONJ
cblr-2902	190	14	the	the	DET
cblr-2902	190	15	value	value	NOUN
cblr-2902	190	16	of	of	ADP
cblr-2902	190	17	their	their	PRON
cblr-2902	190	18	recovery	recovery	NOUN
cblr-2902	190	19	was	be	AUX
cblr-2902	190	20	zero	zero	NUM
cblr-2902	190	21	,	,	PUNCT
cblr-2902	190	22	then	then	ADV
cblr-2902	190	23	by	by	ADP
cblr-2902	190	24	unsecured	unsecured	ADJ
cblr-2902	190	25	creditors	creditor	NOUN
cblr-2902	190	26	until	until	SCONJ
cblr-2902	190	27	the	the	DET
cblr-2902	190	28	value	value	NOUN
cblr-2902	190	29	of	of	ADP
cblr-2902	190	30	their	their	PRON
cblr-2902	190	31	recovery	recovery	NOUN
cblr-2902	190	32	was	be	AUX
cblr-2902	190	33	zero	zero	NUM
cblr-2902	190	34	,	,	PUNCT
cblr-2902	190	35	and	and	CCONJ
cblr-2902	190	36	last	last	ADJ
cblr-2902	190	37	by	by	ADP
cblr-2902	190	38	secured	secured	ADJ
cblr-2902	190	39	creditors	creditor	NOUN
cblr-2902	190	40	,	,	PUNCT
cblr-2902	190	41	who	who	PRON
cblr-2902	190	42	would	would	AUX
cblr-2902	190	43	have	have	VERB
cblr-2902	190	44	the	the	DET
cblr-2902	190	45	highest	high	ADJ
cblr-2902	190	46	recovery	recovery	NOUN
cblr-2902	190	47	rate	rate	NOUN
cblr-2902	190	48	and	and	CCONJ
cblr-2902	190	49	the	the	DET
cblr-2902	190	50	lowest	low	ADJ
cblr-2902	190	51	losses	loss	NOUN
cblr-2902	190	52	.	.	PUNCT
cblr-2902	191	1	former	former	ADJ
cblr-2902	191	2	equity	equity	NOUN
cblr-2902	191	3	holders	holder	NOUN
cblr-2902	191	4	would	would	AUX
cblr-2902	191	5	not	not	PART
cblr-2902	191	6	face	face	VERB
cblr-2902	191	7	losses	loss	NOUN
cblr-2902	191	8	.	.	PUNCT
cblr-2902	192	1	a	a	DET
cblr-2902	192	2	successful	successful	ADJ
cblr-2902	192	3	fraudulent	fraudulent	ADJ
cblr-2902	192	4	transfer	transfer	NOUN
cblr-2902	192	5	action	action	NOUN
cblr-2902	192	6	can	can	AUX
cblr-2902	192	7	improve	improve	VERB
cblr-2902	192	8	26	26	NUM
cblr-2902	192	9	see	see	NOUN
cblr-2902	192	10	nelson	nelson	PROPN
cblr-2902	192	11	d.	d.	PROPN
cblr-2902	192	12	schwartz	schwartz	PROPN
cblr-2902	192	13	,	,	PUNCT
cblr-2902	192	14	corporate	corporate	ADJ
cblr-2902	192	15	debt	debt	NOUN
cblr-2902	192	16	coming	come	VERB
cblr-2902	192	17	due	due	ADJ
cblr-2902	192	18	may	may	AUX
cblr-2902	192	19	squeeze	squeeze	VERB
cblr-2902	192	20	credit	credit	NOUN
cblr-2902	192	21	,	,	PUNCT
cblr-2902	192	22	n.y	n.y	PROPN
cblr-2902	192	23	.	.	PROPN
cblr-2902	192	24	times	times	PROPN
cblr-2902	192	25	,	,	PUNCT
cblr-2902	192	26	mar	mar	PROPN
cblr-2902	192	27	.	.	PROPN
cblr-2902	192	28	16	16	NUM
cblr-2902	192	29	,	,	PUNCT
cblr-2902	192	30	2010	2010	NUM
cblr-2902	192	31	,	,	PUNCT
cblr-2902	192	32	at	at	ADP
cblr-2902	192	33	al	al	PROPN
cblr-2902	192	34	,	,	PUNCT
cblr-2902	192	35	available	available	ADJ
cblr-2902	192	36	at	at	ADP
cblr-2902	192	37	http://www.nytimes	http://www.nytime	NOUN
cblr-2902	192	38	.	.	PUNCT
cblr-2902	193	1	com/2010/03/16	com/2010/03/16	PROPN
cblr-2902	193	2	/	/	SYM
cblr-2902	194	1	business/16debt.html	business/16debt.html	PROPN
cblr-2902	194	2	.	.	NOUN
cblr-2902	194	3	2	2	NUM
cblr-2902	194	4	douglas	douglas	PROPN
cblr-2902	194	5	g.	g.	PROPN
cblr-2902	194	6	baird	baird	PROPN
cblr-2902	194	7	&	&	CCONJ
cblr-2902	194	8	donald	donald	PROPN
cblr-2902	194	9	s.	s.	PROPN
cblr-2902	194	10	bernstein	bernstein	PROPN
cblr-2902	194	11	,	,	PUNCT
cblr-2902	194	12	absolute	absolute	ADJ
cblr-2902	194	13	priority	priority	NOUN
cblr-2902	194	14	,	,	PUNCT
cblr-2902	194	15	valuation	valuation	NOUN
cblr-2902	194	16	uncertainty	uncertainty	NOUN
cblr-2902	194	17	,	,	PUNCT
cblr-2902	194	18	and	and	CCONJ
cblr-2902	194	19	the	the	DET
cblr-2902	194	20	reorganization	reorganization	NOUN
cblr-2902	194	21	bargain	bargain	NOUN
cblr-2902	194	22	,	,	PUNCT
cblr-2902	194	23	115	115	NUM
cblr-2902	194	24	yale	yale	PROPN
cblr-2902	194	25	l.j	l.j	PROPN
cblr-2902	194	26	.	.	PROPN
cblr-2902	194	27	1930	1930	NUM
cblr-2902	194	28	,	,	PUNCT
cblr-2902	194	29	1932	1932	NUM
cblr-2902	194	30	(	(	PUNCT
cblr-2902	194	31	2006	2006	NUM
cblr-2902	194	32	)	)	PUNCT
cblr-2902	194	33	.	.	PUNCT
cblr-2902	195	1	leveraged	leverage	VERB
cblr-2902	195	2	buyout	buyout	NOUN
cblr-2902	195	3	bankruptcies	bankruptcy	NOUN
cblr-2902	195	4	131no	131no	NOUN
cblr-2902	195	5	.	.	PUNCT
cblr-2902	196	1	1	1	NUM
cblr-2902	196	2	:	:	SYM
cblr-2902	196	3	118	118	NUM
cblr-2902	196	4	]	]	PUNCT
cblr-2902	196	5	the	the	DET
cblr-2902	196	6	recovery	recovery	NOUN
cblr-2902	196	7	of	of	ADP
cblr-2902	196	8	unsecured	unsecured	ADJ
cblr-2902	196	9	creditors	creditor	NOUN
cblr-2902	196	10	by	by	ADP
cblr-2902	196	11	shifting	shift	VERB
cblr-2902	196	12	losses	loss	NOUN
cblr-2902	196	13	to	to	ADP
cblr-2902	196	14	former	former	ADJ
cblr-2902	196	15	equity	equity	NOUN
cblr-2902	196	16	holders	holder	NOUN
cblr-2902	196	17	and	and	CCONJ
cblr-2902	196	18	secured	secure	VERB
cblr-2902	196	19	creditors.2	creditors.2	NOUN
cblr-2902	196	20	8	8	NUM
cblr-2902	196	21	during	during	ADP
cblr-2902	196	22	the	the	DET
cblr-2902	196	23	next	next	ADJ
cblr-2902	196	24	three	three	NUM
cblr-2902	196	25	to	to	PART
cblr-2902	196	26	five	five	NUM
cblr-2902	196	27	years	year	NOUN
cblr-2902	196	28	,	,	PUNCT
cblr-2902	196	29	bankruptcy	bankruptcy	NOUN
cblr-2902	196	30	courts	court	NOUN
cblr-2902	196	31	will	will	AUX
cblr-2902	196	32	be	be	AUX
cblr-2902	196	33	entrusted	entrust	VERB
cblr-2902	196	34	with	with	ADP
cblr-2902	196	35	the	the	DET
cblr-2902	196	36	power	power	NOUN
cblr-2902	196	37	to	to	PART
cblr-2902	196	38	allocate	allocate	VERB
cblr-2902	196	39	hundreds	hundred	NOUN
cblr-2902	196	40	of	of	ADP
cblr-2902	196	41	billions	billion	NOUN
cblr-2902	196	42	of	of	ADP
cblr-2902	196	43	dollars	dollar	NOUN
cblr-2902	196	44	in	in	ADP
cblr-2902	196	45	losses	loss	NOUN
cblr-2902	196	46	between	between	ADP
cblr-2902	196	47	different	different	ADJ
cblr-2902	196	48	classes	class	NOUN
cblr-2902	196	49	of	of	ADP
cblr-2902	196	50	creditors	creditor	NOUN
cblr-2902	196	51	.	.	PUNCT
cblr-2902	197	1	it	it	PRON
cblr-2902	197	2	is	be	AUX
cblr-2902	197	3	crucial	crucial	ADJ
cblr-2902	197	4	that	that	SCONJ
cblr-2902	197	5	bankruptcy	bankruptcy	NOUN
cblr-2902	197	6	courts	court	NOUN
cblr-2902	197	7	wield	wield	VERB
cblr-2902	197	8	their	their	PRON
cblr-2902	197	9	power	power	NOUN
cblr-2902	197	10	in	in	ADP
cblr-2902	197	11	a	a	DET
cblr-2902	197	12	way	way	NOUN
cblr-2902	197	13	that	that	PRON
cblr-2902	197	14	is	be	AUX
cblr-2902	197	15	predictable	predictable	ADJ
cblr-2902	197	16	,	,	PUNCT
cblr-2902	197	17	fair	fair	ADJ
cblr-2902	197	18	,	,	PUNCT
cblr-2902	197	19	and	and	CCONJ
cblr-2902	197	20	consistent	consistent	ADJ
cblr-2902	197	21	.	.	PUNCT
cblr-2902	198	1	iii	iii	X
cblr-2902	198	2	.	.	PUNCT
cblr-2902	199	1	recent	recent	ADJ
cblr-2902	199	2	judicial	judicial	ADJ
cblr-2902	199	3	decisions	decision	NOUN
cblr-2902	199	4	can	can	AUX
cblr-2902	199	5	make	make	VERB
cblr-2902	199	6	fraudulent	fraudulent	ADJ
cblr-2902	199	7	transfer	transfer	NOUN
cblr-2902	199	8	law	law	NOUN
cblr-2902	199	9	fairer	fair	ADJ
cblr-2902	199	10	and	and	CCONJ
cblr-2902	199	11	more	more	ADV
cblr-2902	199	12	efficient	efficient	ADJ
cblr-2902	199	13	through	through	ADP
cblr-2902	199	14	the	the	DET
cblr-2902	199	15	use	use	NOUN
cblr-2902	199	16	of	of	ADP
cblr-2902	199	17	financial	financial	ADJ
cblr-2902	199	18	market	market	NOUN
cblr-2902	199	19	prices	price	NOUN
cblr-2902	199	20	lbos	lbo	NOUN
cblr-2902	199	21	and	and	CCONJ
cblr-2902	199	22	other	other	ADJ
cblr-2902	199	23	complex	complex	ADJ
cblr-2902	199	24	leveraging	leverage	VERB
cblr-2902	199	25	transactions	transaction	NOUN
cblr-2902	199	26	are	be	AUX
cblr-2902	199	27	routinely	routinely	ADV
cblr-2902	199	28	challenged	challenge	VERB
cblr-2902	199	29	under	under	ADP
cblr-2902	199	30	fraudulent	fraudulent	ADJ
cblr-2902	199	31	transfer	transfer	NOUN
cblr-2902	199	32	law	law	NOUN
cblr-2902	199	33	if	if	SCONJ
cblr-2902	199	34	the	the	DET
cblr-2902	199	35	debtor	debtor	NOUN
cblr-2902	199	36	files	file	NOUN
cblr-2902	199	37	bankruptcy.2	bankruptcy.2	AUX
cblr-2902	199	38	9	9	NUM
cblr-2902	199	39	plaintiffs	plaintiff	NOUN
cblr-2902	199	40	allege	allege	VERB
cblr-2902	199	41	that	that	SCONJ
cblr-2902	199	42	these	these	DET
cblr-2902	199	43	transactions	transaction	NOUN
cblr-2902	199	44	imprudently	imprudently	ADV
cblr-2902	199	45	reduce	reduce	VERB
cblr-2902	199	46	the	the	DET
cblr-2902	199	47	debtor	debtor	NOUN
cblr-2902	199	48	's	's	PART
cblr-2902	199	49	liquidity	liquidity	NOUN
cblr-2902	199	50	and	and	CCONJ
cblr-2902	199	51	capital	capital	NOUN
cblr-2902	199	52	adequacy	adequacy	NOUN
cblr-2902	199	53	,	,	PUNCT
cblr-2902	199	54	and	and	CCONJ
cblr-2902	199	55	that	that	SCONJ
cblr-2902	199	56	the	the	DET
cblr-2902	199	57	borrowed	borrow	VERB
cblr-2902	199	58	funds	fund	NOUN
cblr-2902	199	59	can	can	AUX
cblr-2902	199	60	not	not	PART
cblr-2902	199	61	provide	provide	VERB
cblr-2902	199	62	reasonably	reasonably	ADV
cblr-2902	199	63	equivalent	equivalent	ADJ
cblr-2902	199	64	value	value	NOUN
cblr-2902	199	65	because	because	SCONJ
cblr-2902	199	66	they	they	PRON
cblr-2902	199	67	merely	merely	ADV
cblr-2902	199	68	pass	pass	VERB
cblr-2902	199	69	through	through	ADP
cblr-2902	199	70	the	the	DET
cblr-2902	199	71	debtor	debtor	NOUN
cblr-2902	199	72	to	to	ADP
cblr-2902	199	73	former	former	ADJ
cblr-2902	199	74	shareholders	shareholder	NOUN
cblr-2902	199	75	.	.	PUNCT
cblr-2902	200	1	according	accord	VERB
cblr-2902	200	2	to	to	ADP
cblr-2902	200	3	plaintiffs	plaintiff	NOUN
cblr-2902	200	4	,	,	PUNCT
cblr-2902	200	5	the	the	DET
cblr-2902	200	6	debtor	debtor	NOUN
cblr-2902	200	7	is	be	AUX
cblr-2902	200	8	saddled	saddle	VERB
cblr-2902	200	9	with	with	ADP
cblr-2902	200	10	obligations	obligation	NOUN
cblr-2902	200	11	while	while	SCONJ
cblr-2902	200	12	the	the	DET
cblr-2902	200	13	lender	lender	NOUN
cblr-2902	200	14	effectively	effectively	ADV
cblr-2902	200	15	delivers	deliver	VERB
cblr-2902	200	16	the	the	DET
cblr-2902	200	17	cash	cash	NOUN
cblr-2902	200	18	proceeds	proceed	NOUN
cblr-2902	200	19	directly	directly	ADV
cblr-2902	200	20	to	to	ADP
cblr-2902	200	21	equity	equity	NOUN
cblr-2902	200	22	holders	holder	NOUN
cblr-2902	200	23	.	.	PUNCT
cblr-2902	201	1	early	early	ADJ
cblr-2902	201	2	debates	debate	NOUN
cblr-2902	201	3	about	about	ADP
cblr-2902	201	4	the	the	DET
cblr-2902	201	5	propriety	propriety	NOUN
cblr-2902	201	6	of	of	ADP
cblr-2902	201	7	the	the	DET
cblr-2902	201	8	application	application	NOUN
cblr-2902	201	9	of	of	ADP
cblr-2902	201	10	constructive	constructive	ADJ
cblr-2902	201	11	fraudulent	fraudulent	ADJ
cblr-2902	201	12	transfer	transfer	NOUN
cblr-2902	201	13	law	law	NOUN
cblr-2902	201	14	to	to	ADP
cblr-2902	201	15	lbos	lbo	NOUN
cblr-2902	201	16	and	and	CCONJ
cblr-2902	201	17	similar	similar	ADJ
cblr-2902	201	18	complex	complex	ADJ
cblr-2902	201	19	modern	modern	ADJ
cblr-2902	201	20	transactionso	transactionso	NOUN
cblr-2902	201	21	led	lead	VERB
cblr-2902	201	22	to	to	ADP
cblr-2902	201	23	a	a	DET
cblr-2902	201	24	somewhat	somewhat	ADV
cblr-2902	201	25	peculiar	peculiar	ADJ
cblr-2902	201	26	28	28	NUM
cblr-2902	201	27	the	the	DET
cblr-2902	201	28	proceeds	proceed	NOUN
cblr-2902	201	29	of	of	ADP
cblr-2902	201	30	a	a	DET
cblr-2902	201	31	fraudulent	fraudulent	ADJ
cblr-2902	201	32	transfer	transfer	NOUN
cblr-2902	201	33	action	action	NOUN
cblr-2902	201	34	can	can	AUX
cblr-2902	201	35	only	only	ADV
cblr-2902	201	36	benefit	benefit	VERB
cblr-2902	201	37	creditors	creditor	NOUN
cblr-2902	201	38	,	,	PUNCT
cblr-2902	201	39	not	not	PART
cblr-2902	201	40	equity	equity	NOUN
cblr-2902	201	41	holders	holder	NOUN
cblr-2902	201	42	.	.	PUNCT
cblr-2902	202	1	see	see	VERB
cblr-2902	202	2	official	official	ADJ
cblr-2902	202	3	comm	comm	NOUN
cblr-2902	202	4	.	.	PUNCT
cblr-2902	203	1	of	of	ADP
cblr-2902	203	2	unsecured	unsecured	ADJ
cblr-2902	203	3	creditors	creditor	NOUN
cblr-2902	203	4	of	of	ADP
cblr-2902	203	5	cybergenics	cybergenics	PROPN
cblr-2902	203	6	corp	corp	PROPN
cblr-2902	203	7	.	.	PROPN
cblr-2902	204	1	v.	v.	ADP
cblr-2902	204	2	chinery	chinery	NOUN
cblr-2902	204	3	(	(	PUNCT
cblr-2902	204	4	in	in	ADP
cblr-2902	204	5	re	re	PROPN
cblr-2902	204	6	cybergenics	cybergenics	PROPN
cblr-2902	204	7	corp	corp	PROPN
cblr-2902	204	8	.	.	PROPN
cblr-2902	204	9	)	)	PUNCT
cblr-2902	204	10	,	,	PUNCT
cblr-2902	204	11	226	226	NUM
cblr-2902	204	12	f.3d	f.3d	NUM
cblr-2902	204	13	237	237	NUM
cblr-2902	204	14	,	,	PUNCT
cblr-2902	204	15	244	244	NUM
cblr-2902	204	16	(	(	PUNCT
cblr-2902	204	17	3d	3d	NUM
cblr-2902	204	18	cir	cir	NOUN
cblr-2902	204	19	.	.	PROPN
cblr-2902	204	20	2000	2000	NUM
cblr-2902	204	21	)	)	PUNCT
cblr-2902	204	22	;	;	PUNCT
cblr-2902	204	23	in	in	ADP
cblr-2902	204	24	re	re	NOUN
cblr-2902	204	25	best	good	ADJ
cblr-2902	204	26	prods	prod	NOUN
cblr-2902	204	27	.	.	PUNCT
cblr-2902	205	1	co.	co.	PROPN
cblr-2902	205	2	,	,	PUNCT
cblr-2902	205	3	168	168	NUM
cblr-2902	205	4	b.r	b.r	PROPN
cblr-2902	205	5	.	.	PROPN
cblr-2902	205	6	35	35	NUM
cblr-2902	205	7	,	,	PUNCT
cblr-2902	205	8	57	57	NUM
cblr-2902	205	9	-	-	SYM
cblr-2902	205	10	58	58	NUM
cblr-2902	205	11	(	(	PUNCT
cblr-2902	205	12	bankr	bankr	PROPN
cblr-2902	205	13	.	.	PUNCT
cblr-2902	206	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	206	2	.	.	PROPN
cblr-2902	206	3	1994	1994	NUM
cblr-2902	206	4	)	)	PUNCT
cblr-2902	206	5	.	.	PUNCT
cblr-2902	207	1	29	29	NUM
cblr-2902	207	2	see	see	VERB
cblr-2902	207	3	,	,	PUNCT
cblr-2902	207	4	e.g.	e.g.	ADV
cblr-2902	207	5	,	,	PUNCT
cblr-2902	207	6	in	in	ADP
cblr-2902	207	7	re	re	PROPN
cblr-2902	207	8	tribune	tribune	PROPN
cblr-2902	207	9	co.	co.	PROPN
cblr-2902	207	10	,	,	PUNCT
cblr-2902	207	11	418	418	NUM
cblr-2902	207	12	b.r	b.r	PROPN
cblr-2902	207	13	.	.	PROPN
cblr-2902	207	14	116	116	NUM
cblr-2902	207	15	(	(	PUNCT
cblr-2902	207	16	bankr	bankr	VERB
cblr-2902	207	17	.	.	PUNCT
cblr-2902	208	1	d.	d.	PROPN
cblr-2902	208	2	del	del	PROPN
cblr-2902	208	3	.	.	PROPN
cblr-2902	208	4	2009	2009	NUM
cblr-2902	208	5	)	)	PUNCT
cblr-2902	208	6	;	;	PUNCT
cblr-2902	208	7	in	in	ADP
cblr-2902	208	8	re	re	NOUN
cblr-2902	208	9	tousa	tousa	PROPN
cblr-2902	208	10	,	,	PUNCT
cblr-2902	208	11	inc	inc	PROPN
cblr-2902	208	12	.	.	PROPN
cblr-2902	208	13	,	,	PUNCT
cblr-2902	208	14	nos	nos	PROPN
cblr-2902	208	15	.	.	PROPN
cblr-2902	208	16	10	10	NUM
cblr-2902	208	17	-	-	PUNCT
cblr-2902	208	18	60017	60017	NUM
cblr-2902	208	19	-	-	PUNCT
cblr-2902	208	20	civ	civ	NOUN
cblr-2902	208	21	/	/	SYM
cblr-2902	208	22	gold	gold	NOUN
cblr-2902	208	23	,	,	PUNCT
cblr-2902	208	24	10	10	NUM
cblr-2902	208	25	-	-	SYM
cblr-2902	208	26	61478	61478	NUM
cblr-2902	208	27	,	,	PUNCT
cblr-2902	208	28	10	10	NUM
cblr-2902	208	29	-	-	SYM
cblr-2902	208	30	62032	62032	NUM
cblr-2902	208	31	,	,	PUNCT
cblr-2902	208	32	10	10	NUM
cblr-2902	208	33	-	-	SYM
cblr-2902	208	34	62035	62035	NUM
cblr-2902	208	35	,	,	PUNCT
cblr-2902	208	36	10	10	NUM
cblr-2902	208	37	-	-	SYM
cblr-2902	208	38	62037	62037	NUM
cblr-2902	208	39	,	,	PUNCT
cblr-2902	208	40	2011	2011	NUM
cblr-2902	208	41	wl	wl	SYM
cblr-2902	208	42	522008	522008	NUM
cblr-2902	208	43	(	(	PUNCT
cblr-2902	208	44	s.d	s.d	PROPN
cblr-2902	208	45	.	.	PROPN
cblr-2902	208	46	fla	fla	PROPN
cblr-2902	208	47	.	.	PUNCT
cblr-2902	209	1	feb	feb	PROPN
cblr-2902	209	2	.	.	PROPN
cblr-2902	209	3	11	11	NUM
cblr-2902	209	4	,	,	PUNCT
cblr-2902	209	5	2011	2011	NUM
cblr-2902	209	6	)	)	PUNCT
cblr-2902	209	7	;	;	PUNCT
cblr-2902	209	8	and	and	CCONJ
cblr-2902	209	9	complaint	complaint	NOUN
cblr-2902	209	10	of	of	ADP
cblr-2902	209	11	the	the	DET
cblr-2902	209	12	official	official	ADJ
cblr-2902	209	13	committee	committee	NOUN
cblr-2902	209	14	of	of	ADP
cblr-2902	209	15	unsecured	unsecured	ADJ
cblr-2902	209	16	creditors	creditor	NOUN
cblr-2902	209	17	of	of	ADP
cblr-2902	209	18	lyondell	lyondell	PROPN
cblr-2902	209	19	chemical	chemical	PROPN
cblr-2902	209	20	co.	co.	PROPN
cblr-2902	209	21	,	,	PUNCT
cblr-2902	209	22	in	in	ADP
cblr-2902	209	23	re	re	X
cblr-2902	209	24	lyondell	lyondell	PROPN
cblr-2902	209	25	chemical	chemical	PROPN
cblr-2902	209	26	co.	co.	PROPN
cblr-2902	209	27	,	,	PUNCT
cblr-2902	209	28	no	no	INTJ
cblr-2902	209	29	.	.	NOUN
cblr-2902	209	30	09	09	NUM
cblr-2902	209	31	-	-	SYM
cblr-2902	209	32	10023	10023	NUM
cblr-2902	209	33	(	(	PUNCT
cblr-2902	209	34	reg	reg	NOUN
cblr-2902	209	35	)	)	PUNCT
cblr-2902	209	36	,	,	PUNCT
cblr-2902	209	37	2009	2009	NUM
cblr-2902	209	38	wl	wl	SYM
cblr-2902	209	39	2350776	2350776	NUM
cblr-2902	209	40	(	(	PUNCT
cblr-2902	209	41	bankr	bankr	PROPN
cblr-2902	209	42	.	.	PUNCT
cblr-2902	210	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	210	2	.	.	PROPN
cblr-2902	211	1	july	july	PROPN
cblr-2902	211	2	22	22	NUM
cblr-2902	211	3	,	,	PUNCT
cblr-2902	211	4	2009	2009	NUM
cblr-2902	211	5	)	)	PUNCT
cblr-2902	211	6	.	.	PUNCT
cblr-2902	212	1	o	o	PROPN
cblr-2902	212	2	douglas	douglas	PROPN
cblr-2902	212	3	g.	g.	PROPN
cblr-2902	212	4	baird	baird	PROPN
cblr-2902	212	5	&	&	CCONJ
cblr-2902	212	6	thomas	thomas	PROPN
cblr-2902	212	7	h.	h.	PROPN
cblr-2902	212	8	jackson	jackson	PROPN
cblr-2902	212	9	,	,	PUNCT
cblr-2902	212	10	fraudulent	fraudulent	ADJ
cblr-2902	212	11	conveyance	conveyance	NOUN
cblr-2902	212	12	law	law	NOUN
cblr-2902	212	13	and	and	CCONJ
cblr-2902	212	14	its	its	PRON
cblr-2902	212	15	proper	proper	ADJ
cblr-2902	212	16	domain	domain	NOUN
cblr-2902	212	17	,	,	PUNCT
cblr-2902	212	18	38	38	NUM
cblr-2902	212	19	vand	vand	NOUN
cblr-2902	212	20	.	.	PUNCT
cblr-2902	213	1	l.	l.	PROPN
cblr-2902	213	2	rev	rev	PROPN
cblr-2902	213	3	.	.	PROPN
cblr-2902	213	4	829	829	NUM
cblr-2902	213	5	,	,	PUNCT
cblr-2902	213	6	852	852	NUM
cblr-2902	213	7	(	(	PUNCT
cblr-2902	213	8	1985	1985	NUM
cblr-2902	213	9	)	)	PUNCT
cblr-2902	213	10	(	(	PUNCT
cblr-2902	213	11	"	"	PUNCT
cblr-2902	213	12	a	a	DET
cblr-2902	213	13	firm	firm	NOUN
cblr-2902	213	14	that	that	PRON
cblr-2902	213	15	incurs	incur	VERB
cblr-2902	213	16	obligations	obligation	NOUN
cblr-2902	213	17	in	in	ADP
cblr-2902	213	18	the	the	DET
cblr-2902	213	19	course	course	NOUN
cblr-2902	213	20	of	of	ADP
cblr-2902	213	21	a	a	DET
cblr-2902	213	22	buyout	buyout	NOUN
cblr-2902	213	23	does	do	AUX
cblr-2902	213	24	not	not	PART
cblr-2902	213	25	seem	seem	VERB
cblr-2902	213	26	at	at	ADV
cblr-2902	213	27	all	all	ADV
cblr-2902	213	28	like	like	ADP
cblr-2902	213	29	the	the	DET
cblr-2902	213	30	elizabethan	elizabethan	ADJ
cblr-2902	213	31	deadbeat	deadbeat	NOUN
cblr-2902	213	32	who	who	PRON
cblr-2902	213	33	sells	sell	VERB
cblr-2902	213	34	his	his	PRON
cblr-2902	213	35	sheep	sheep	NOUN
cblr-2902	213	36	to	to	ADP
cblr-2902	213	37	his	his	PRON
cblr-2902	213	38	brother	brother	NOUN
cblr-2902	213	39	for	for	ADP
cblr-2902	213	40	a	a	DET
cblr-2902	213	41	pittance	pittance	NOUN
cblr-2902	213	42	.	.	PUNCT
cblr-2902	213	43	"	"	PUNCT
cblr-2902	213	44	)	)	PUNCT
cblr-2902	213	45	;	;	PUNCT
cblr-2902	214	1	[	[	X
cblr-2902	214	2	vol	vol	NOUN
cblr-2902	214	3	.	.	PUNCT
cblr-2902	214	4	2011132	2011132	NUM
cblr-2902	214	5	col	col	PROPN
cblr-2902	214	6	umbia	umbia	PROPN
cblr-2902	214	7	b	b	PROPN
cblr-2902	214	8	usiness	usiness	PROPN
cblr-2902	214	9	la	la	PROPN
cblr-2902	214	10	w	w	PROPN
cblr-2902	214	11	re	re	PROPN
cblr-2902	214	12	vie	vie	PROPN
cblr-2902	214	13	w	w	PROPN
cblr-2902	214	14	development	development	NOUN
cblr-2902	214	15	of	of	ADP
cblr-2902	214	16	the	the	DET
cblr-2902	214	17	law	law	NOUN
cblr-2902	214	18	.	.	PUNCT
cblr-2902	215	1	a	a	DET
cblr-2902	215	2	number	number	NOUN
cblr-2902	215	3	of	of	ADP
cblr-2902	215	4	courts	court	NOUN
cblr-2902	215	5	have	have	AUX
cblr-2902	215	6	established	establish	VERB
cblr-2902	215	7	threshold	threshold	NOUN
cblr-2902	215	8	knowledge	knowledge	NOUN
cblr-2902	215	9	or	or	CCONJ
cblr-2902	215	10	intent	intent	ADJ
cblr-2902	215	11	requirements	requirement	NOUN
cblr-2902	215	12	"	"	PUNCT
cblr-2902	215	13	that	that	PRON
cblr-2902	215	14	excuse	excuse	VERB
cblr-2902	215	15	some	some	DET
cblr-2902	215	16	stakeholders,32	stakeholders,32	NOUN
cblr-2902	215	17	thereby	thereby	ADV
cblr-2902	215	18	effectively	effectively	ADV
cblr-2902	215	19	blending	blend	VERB
cblr-2902	215	20	see	see	NOUN
cblr-2902	215	21	also	also	ADV
cblr-2902	215	22	bruce	bruce	PROPN
cblr-2902	215	23	a.	a.	NOUN
cblr-2902	215	24	markell	markell	PROPN
cblr-2902	215	25	,	,	PUNCT
cblr-2902	215	26	supra	supra	PROPN
cblr-2902	215	27	note	note	PROPN
cblr-2902	215	28	8	8	NUM
cblr-2902	215	29	,	,	PUNCT
cblr-2902	215	30	at	at	ADP
cblr-2902	215	31	489	489	NUM
cblr-2902	215	32	-	-	SYM
cblr-2902	215	33	92	92	NUM
cblr-2902	215	34	(	(	PUNCT
cblr-2902	215	35	arguing	argue	VERB
cblr-2902	215	36	that	that	SCONJ
cblr-2902	215	37	a	a	DET
cblr-2902	215	38	broader	broad	ADJ
cblr-2902	215	39	application	application	NOUN
cblr-2902	215	40	of	of	ADP
cblr-2902	215	41	fraudulent	fraudulent	ADJ
cblr-2902	215	42	transfer	transfer	NOUN
cblr-2902	215	43	law	law	NOUN
cblr-2902	215	44	to	to	ADP
cblr-2902	215	45	transactions	transaction	NOUN
cblr-2902	215	46	such	such	ADJ
cblr-2902	215	47	as	as	ADP
cblr-2902	215	48	lbos	lbo	NOUN
cblr-2902	215	49	is	be	AUX
cblr-2902	215	50	consistent	consistent	ADJ
cblr-2902	215	51	with	with	ADP
cblr-2902	215	52	the	the	DET
cblr-2902	215	53	historic	historic	ADJ
cblr-2902	215	54	policy	policy	NOUN
cblr-2902	215	55	objectives	objective	NOUN
cblr-2902	215	56	of	of	ADP
cblr-2902	215	57	the	the	DET
cblr-2902	215	58	statute	statute	NOUN
cblr-2902	215	59	)	)	PUNCT
cblr-2902	215	60	;	;	PUNCT
cblr-2902	216	1	zaretsky	zaretsky	PROPN
cblr-2902	216	2	,	,	PUNCT
cblr-2902	216	3	supra	supra	PROPN
cblr-2902	216	4	note	note	PROPN
cblr-2902	216	5	21	21	NUM
cblr-2902	216	6	,	,	PUNCT
cblr-2902	216	7	at	at	ADP
cblr-2902	216	8	1181	1181	NUM
cblr-2902	216	9	(	(	PUNCT
cblr-2902	216	10	same	same	ADJ
cblr-2902	216	11	)	)	PUNCT
cblr-2902	216	12	.	.	PUNCT
cblr-2902	217	1	at	at	ADP
cblr-2902	217	2	see	see	INTJ
cblr-2902	217	3	kupetz	kupetz	PROPN
cblr-2902	217	4	v.	v.	ADP
cblr-2902	217	5	wolf	wolf	PROPN
cblr-2902	217	6	,	,	PUNCT
cblr-2902	217	7	845	845	NUM
cblr-2902	217	8	f.2d	f.2d	NOUN
cblr-2902	217	9	842	842	NUM
cblr-2902	217	10	,	,	PUNCT
cblr-2902	217	11	848	848	NUM
cblr-2902	217	12	(	(	PUNCT
cblr-2902	217	13	9th	9th	ADJ
cblr-2902	217	14	cir	cir	NOUN
cblr-2902	217	15	.	.	PROPN
cblr-2902	217	16	1988	1988	NUM
cblr-2902	217	17	)	)	PUNCT
cblr-2902	218	1	(	(	PUNCT
cblr-2902	218	2	"	"	PUNCT
cblr-2902	218	3	[	[	X
cblr-2902	218	4	w]e	w]e	NOUN
cblr-2902	218	5	hesitate	hesitate	VERB
cblr-2902	218	6	to	to	PART
cblr-2902	218	7	utilize	utilize	VERB
cblr-2902	218	8	constructive	constructive	ADJ
cblr-2902	218	9	intent	intent	NOUN
cblr-2902	218	10	to	to	PART
cblr-2902	218	11	frustrate	frustrate	VERB
cblr-2902	218	12	the	the	DET
cblr-2902	218	13	purposes	purpose	NOUN
cblr-2902	218	14	intended	intend	VERB
cblr-2902	218	15	to	to	PART
cblr-2902	218	16	be	be	AUX
cblr-2902	218	17	served	serve	VERB
cblr-2902	218	18	by	by	ADP
cblr-2902	218	19	what	what	PRON
cblr-2902	218	20	appears	appear	VERB
cblr-2902	218	21	to	to	ADP
cblr-2902	218	22	us	we	PRON
cblr-2902	218	23	to	to	PART
cblr-2902	218	24	be	be	AUX
cblr-2902	218	25	a	a	DET
cblr-2902	218	26	legitimate	legitimate	ADJ
cblr-2902	218	27	lbo	lbo	PROPN
cblr-2902	218	28	.	.	PUNCT
cblr-2902	218	29	nor	nor	CCONJ
cblr-2902	218	30	do	do	AUX
cblr-2902	218	31	we	we	PRON
cblr-2902	218	32	think	think	VERB
cblr-2902	218	33	it	it	PRON
cblr-2902	218	34	appropriate	appropriate	ADJ
cblr-2902	218	35	to	to	PART
cblr-2902	218	36	utilize	utilize	VERB
cblr-2902	218	37	constructive	constructive	ADJ
cblr-2902	218	38	intent	intent	NOUN
cblr-2902	218	39	to	to	PART
cblr-2902	218	40	brand	brand	VERB
cblr-2902	218	41	most	most	ADJ
cblr-2902	218	42	,	,	PUNCT
cblr-2902	218	43	if	if	SCONJ
cblr-2902	218	44	not	not	PART
cblr-2902	218	45	all	all	PRON
cblr-2902	218	46	,	,	PUNCT
cblr-2902	218	47	lbos	lbo	NOUN
cblr-2902	218	48	as	as	ADP
cblr-2902	218	49	illegitimate	illegitimate	ADJ
cblr-2902	218	50	.	.	PUNCT
cblr-2902	219	1	we	we	PRON
cblr-2902	219	2	can	can	AUX
cblr-2902	219	3	not	not	PART
cblr-2902	219	4	believe	believe	VERB
cblr-2902	219	5	that	that	SCONJ
cblr-2902	219	6	virtually	virtually	ADV
cblr-2902	219	7	all	all	DET
cblr-2902	219	8	lbos	lbo	NOUN
cblr-2902	219	9	are	be	AUX
cblr-2902	219	10	designed	design	VERB
cblr-2902	219	11	to	to	PART
cblr-2902	219	12	'	'	PUNCT
cblr-2902	219	13	hinder	hinder	VERB
cblr-2902	219	14	,	,	PUNCT
cblr-2902	219	15	delay	delay	NOUN
cblr-2902	219	16	or	or	CCONJ
cblr-2902	219	17	defraud	defraud	VERB
cblr-2902	219	18	creditors	creditor	NOUN
cblr-2902	219	19	.	.	PUNCT
cblr-2902	219	20	'	'	PUNCT
cblr-2902	219	21	"	"	PUNCT
cblr-2902	219	22	)	)	PUNCT
cblr-2902	219	23	(	(	PUNCT
cblr-2902	219	24	citing	cite	VERB
cblr-2902	219	25	baird	baird	PROPN
cblr-2902	219	26	&	&	CCONJ
cblr-2902	219	27	jackson	jackson	PROPN
cblr-2902	219	28	,	,	PUNCT
cblr-2902	219	29	supra	supra	PROPN
cblr-2902	219	30	note	note	PROPN
cblr-2902	219	31	30	30	NUM
cblr-2902	219	32	)	)	PUNCT
cblr-2902	219	33	;	;	PUNCT
cblr-2902	219	34	see	see	VERB
cblr-2902	219	35	also	also	ADV
cblr-2902	219	36	credit	credit	NOUN
cblr-2902	219	37	managers	manager	NOUN
cblr-2902	219	38	ass'n	ass'n	PROPN
cblr-2902	219	39	of	of	ADP
cblr-2902	219	40	s.	s.	PROPN
cblr-2902	219	41	cal	cal	PROPN
cblr-2902	219	42	.	.	PUNCT
cblr-2902	220	1	v.	v.	PROPN
cblr-2902	220	2	fed	fed	PROPN
cblr-2902	220	3	.	.	PROPN
cblr-2902	220	4	co.	co.	PROPN
cblr-2902	220	5	,	,	PUNCT
cblr-2902	220	6	629	629	NUM
cblr-2902	220	7	f.	f.	PROPN
cblr-2902	220	8	supp	supp	PROPN
cblr-2902	220	9	.	.	PUNCT
cblr-2902	221	1	175	175	NUM
cblr-2902	221	2	,	,	PUNCT
cblr-2902	221	3	181	181	NUM
cblr-2902	221	4	(	(	PUNCT
cblr-2902	221	5	c.d	c.d	PROPN
cblr-2902	221	6	.	.	PROPN
cblr-2902	221	7	cal	cal	PROPN
cblr-2902	221	8	.	.	PUNCT
cblr-2902	222	1	1985	1985	NUM
cblr-2902	222	2	)	)	PUNCT
cblr-2902	223	1	(	(	PUNCT
cblr-2902	223	2	holding	hold	VERB
cblr-2902	223	3	that	that	DET
cblr-2902	223	4	california	california	PROPN
cblr-2902	223	5	's	's	PART
cblr-2902	223	6	uniform	uniform	ADJ
cblr-2902	223	7	fraudulent	fraudulent	ADJ
cblr-2902	223	8	conveyance	conveyance	NOUN
cblr-2902	223	9	act	act	NOUN
cblr-2902	223	10	"	"	PUNCT
cblr-2902	223	11	clearly	clearly	ADV
cblr-2902	223	12	did	do	AUX
cblr-2902	223	13	not	not	PART
cblr-2902	223	14	intend	intend	VERB
cblr-2902	223	15	to	to	PART
cblr-2902	223	16	cover	cover	VERB
cblr-2902	223	17	leveraged	leveraged	ADJ
cblr-2902	223	18	buyouts	buyout	NOUN
cblr-2902	223	19	....	....	PUNCT
cblr-2902	224	1	the	the	DET
cblr-2902	224	2	legislature	legislature	NOUN
cblr-2902	224	3	was	be	AUX
cblr-2902	224	4	addressing	address	VERB
cblr-2902	224	5	,	,	PUNCT
cblr-2902	224	6	instead	instead	ADV
cblr-2902	224	7	[	[	X
cblr-2902	224	8	,	,	PUNCT
cblr-2902	224	9	]	]	PUNCT
cblr-2902	224	10	transactions	transaction	NOUN
cblr-2902	224	11	that	that	PRON
cblr-2902	224	12	have	have	VERB
cblr-2902	224	13	the	the	DET
cblr-2902	224	14	earmarks	earmark	NOUN
cblr-2902	224	15	of	of	ADP
cblr-2902	224	16	fraud	fraud	NOUN
cblr-2902	224	17	.	.	PUNCT
cblr-2902	225	1	"	"	PUNCT
cblr-2902	225	2	)	)	PUNCT
cblr-2902	225	3	;	;	PUNCT
cblr-2902	225	4	in	in	ADP
cblr-2902	225	5	re	re	PROPN
cblr-2902	225	6	ohio	ohio	PROPN
cblr-2902	225	7	corrugating	corrugating	PROPN
cblr-2902	225	8	co.	co.	PROPN
cblr-2902	225	9	,	,	PUNCT
cblr-2902	225	10	91	91	NUM
cblr-2902	225	11	b.r	b.r	PROPN
cblr-2902	225	12	.	.	PROPN
cblr-2902	225	13	430	430	NUM
cblr-2902	225	14	,	,	PUNCT
cblr-2902	225	15	440	440	NUM
cblr-2902	225	16	(	(	PUNCT
cblr-2902	225	17	bankr	bankr	PROPN
cblr-2902	225	18	.	.	PUNCT
cblr-2902	226	1	n.d	n.d	PROPN
cblr-2902	226	2	.	.	PROPN
cblr-2902	226	3	ohio	ohio	PROPN
cblr-2902	226	4	1988	1988	NUM
cblr-2902	226	5	)	)	PUNCT
cblr-2902	227	1	(	(	PUNCT
cblr-2902	227	2	"	"	PUNCT
cblr-2902	227	3	[	[	X
cblr-2902	227	4	tjhere	tjhere	NOUN
cblr-2902	227	5	appears	appear	VERB
cblr-2902	227	6	to	to	PART
cblr-2902	227	7	be	be	AUX
cblr-2902	227	8	a	a	DET
cblr-2902	227	9	requirement	requirement	NOUN
cblr-2902	227	10	of	of	ADP
cblr-2902	227	11	a	a	DET
cblr-2902	227	12	small	small	ADJ
cblr-2902	227	13	degree	degree	NOUN
cblr-2902	227	14	of	of	ADP
cblr-2902	227	15	scienter	scienter	NOUN
cblr-2902	227	16	or	or	CCONJ
cblr-2902	227	17	awareness	awareness	NOUN
cblr-2902	227	18	of	of	ADP
cblr-2902	227	19	fraud	fraud	NOUN
cblr-2902	227	20	in	in	ADP
cblr-2902	227	21	cases	case	NOUN
cblr-2902	227	22	brought	bring	VERB
cblr-2902	227	23	under	under	ADP
cblr-2902	227	24	[	[	X
cblr-2902	227	25	section	section	NOUN
cblr-2902	227	26	]	]	PUNCT
cblr-2902	227	27	548(a)(2	548(a)(2	NUM
cblr-2902	227	28	)	)	PUNCT
cblr-2902	227	29	for	for	ADP
cblr-2902	227	30	the	the	DET
cblr-2902	227	31	purpose	purpose	NOUN
cblr-2902	227	32	of	of	ADP
cblr-2902	227	33	avoiding	avoid	VERB
cblr-2902	227	34	lbos	lbo	NOUN
cblr-2902	227	35	.	.	PUNCT
cblr-2902	227	36	.	.	PUNCT
cblr-2902	227	37	.	.	PUNCT
cblr-2902	227	38	.	.	PUNCT
cblr-2902	228	1	[	[	X
cblr-2902	228	2	tihe	tihe	ADJ
cblr-2902	228	3	court	court	NOUN
cblr-2902	228	4	believes	believe	VERB
cblr-2902	228	5	that	that	SCONJ
cblr-2902	228	6	the	the	DET
cblr-2902	228	7	constructive	constructive	ADJ
cblr-2902	228	8	fraud	fraud	NOUN
cblr-2902	228	9	provisions	provision	NOUN
cblr-2902	228	10	ought	ought	AUX
cblr-2902	228	11	to	to	PART
cblr-2902	228	12	be	be	AUX
cblr-2902	228	13	construed	construe	VERB
cblr-2902	228	14	as	as	ADP
cblr-2902	228	15	requiring	require	VERB
cblr-2902	228	16	some	some	DET
cblr-2902	228	17	degree	degree	NOUN
cblr-2902	228	18	of	of	ADP
cblr-2902	228	19	scienter	scienter	NOUN
cblr-2902	228	20	.	.	PUNCT
cblr-2902	228	21	.	.	PUNCT
cblr-2902	228	22	.	.	PUNCT
cblr-2902	228	23	.	.	PUNCT
cblr-2902	229	1	"	"	PUNCT
cblr-2902	229	2	)	)	PUNCT
cblr-2902	229	3	.	.	PUNCT
cblr-2902	230	1	some	some	DET
cblr-2902	230	2	more	more	ADV
cblr-2902	230	3	recent	recent	ADJ
cblr-2902	230	4	decisions	decision	NOUN
cblr-2902	230	5	have	have	AUX
cblr-2902	230	6	continued	continue	VERB
cblr-2902	230	7	to	to	PART
cblr-2902	230	8	require	require	VERB
cblr-2902	230	9	knowledge	knowledge	NOUN
cblr-2902	230	10	or	or	CCONJ
cblr-2902	230	11	intent	intent	NOUN
cblr-2902	230	12	.	.	PUNCT
cblr-2902	231	1	see	see	VERB
cblr-2902	231	2	,	,	PUNCT
cblr-2902	231	3	e.g.	e.g.	ADV
cblr-2902	231	4	,	,	PUNCT
cblr-2902	231	5	in	in	ADP
cblr-2902	231	6	re	re	PRON
cblr-2902	231	7	plassein	plassein	PROPN
cblr-2902	231	8	int'l	int'l	PROPN
cblr-2902	231	9	corp	corp	PROPN
cblr-2902	231	10	.	.	PROPN
cblr-2902	231	11	,	,	PUNCT
cblr-2902	231	12	388	388	NUM
cblr-2902	231	13	b.r	b.r	PROPN
cblr-2902	231	14	.	.	PROPN
cblr-2902	231	15	46	46	NUM
cblr-2902	231	16	,	,	PUNCT
cblr-2902	231	17	49	49	NUM
cblr-2902	231	18	(	(	PUNCT
cblr-2902	231	19	d.	d.	PROPN
cblr-2902	231	20	del	del	PROPN
cblr-2902	231	21	.	.	PROPN
cblr-2902	231	22	2008	2008	NUM
cblr-2902	231	23	)	)	PUNCT
cblr-2902	231	24	,	,	PUNCT
cblr-2902	231	25	affg	affg	PROPN
cblr-2902	231	26	in	in	ADP
cblr-2902	231	27	re	re	PROPN
cblr-2902	231	28	plassein	plassein	PROPN
cblr-2902	231	29	int'l	int'l	PROPN
cblr-2902	231	30	corp	corp	PROPN
cblr-2902	231	31	.	.	PROPN
cblr-2902	231	32	,	,	PUNCT
cblr-2902	231	33	366	366	NUM
cblr-2902	231	34	b.r	b.r	PROPN
cblr-2902	231	35	.	.	PROPN
cblr-2902	231	36	318	318	NUM
cblr-2902	231	37	(	(	PUNCT
cblr-2902	231	38	bankr	bankr	PROPN
cblr-2902	231	39	.	.	PUNCT
cblr-2902	232	1	d.	d.	PROPN
cblr-2902	232	2	del	del	PROPN
cblr-2902	232	3	.	.	PROPN
cblr-2902	232	4	2007	2007	NUM
cblr-2902	232	5	)	)	PUNCT
cblr-2902	232	6	(	(	PUNCT
cblr-2902	232	7	stating	state	VERB
cblr-2902	232	8	that	that	SCONJ
cblr-2902	232	9	courts	court	NOUN
cblr-2902	232	10	in	in	ADP
cblr-2902	232	11	the	the	DET
cblr-2902	232	12	third	third	ADJ
cblr-2902	232	13	circuit	circuit	NOUN
cblr-2902	232	14	have	have	AUX
cblr-2902	232	15	typically	typically	ADV
cblr-2902	232	16	required	require	VERB
cblr-2902	232	17	some	some	DET
cblr-2902	232	18	proof	proof	NOUN
cblr-2902	232	19	of	of	ADP
cblr-2902	232	20	bad	bad	ADJ
cblr-2902	232	21	faith	faith	NOUN
cblr-2902	232	22	or	or	CCONJ
cblr-2902	232	23	fraudulent	fraudulent	ADJ
cblr-2902	232	24	intent	intent	NOUN
cblr-2902	232	25	to	to	PART
cblr-2902	232	26	justify	justify	VERB
cblr-2902	232	27	collapsing	collapse	VERB
cblr-2902	232	28	an	an	DET
cblr-2902	232	29	lbo	lbo	PROPN
cblr-2902	232	30	)	)	PUNCT
cblr-2902	232	31	;	;	PUNCT
cblr-2902	232	32	in	in	ADP
cblr-2902	232	33	re	re	PROPN
cblr-2902	232	34	sunbeam	sunbeam	PROPN
cblr-2902	232	35	corp	corp	PROPN
cblr-2902	232	36	.	.	PROPN
cblr-2902	232	37	,	,	PUNCT
cblr-2902	232	38	284	284	NUM
cblr-2902	232	39	b.r	b.r	PROPN
cblr-2902	232	40	.	.	PROPN
cblr-2902	232	41	355	355	NUM
cblr-2902	232	42	,	,	PUNCT
cblr-2902	232	43	373	373	NUM
cblr-2902	232	44	(	(	PUNCT
cblr-2902	232	45	bankr	bankr	PROPN
cblr-2902	232	46	.	.	PUNCT
cblr-2902	233	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	233	2	.	.	PROPN
cblr-2902	233	3	2002	2002	NUM
cblr-2902	233	4	)	)	PUNCT
cblr-2902	233	5	(	(	PUNCT
cblr-2902	233	6	refusing	refuse	VERB
cblr-2902	233	7	to	to	PART
cblr-2902	233	8	collapse	collapse	VERB
cblr-2902	233	9	a	a	DET
cblr-2902	233	10	transaction	transaction	NOUN
cblr-2902	233	11	where	where	SCONJ
cblr-2902	233	12	the	the	DET
cblr-2902	233	13	lenders	lender	NOUN
cblr-2902	233	14	had	have	VERB
cblr-2902	233	15	no	no	DET
cblr-2902	233	16	knowledge	knowledge	NOUN
cblr-2902	233	17	that	that	SCONJ
cblr-2902	233	18	the	the	DET
cblr-2902	233	19	debtor	debtor	NOUN
cblr-2902	233	20	was	be	AUX
cblr-2902	233	21	or	or	CCONJ
cblr-2902	233	22	would	would	AUX
cblr-2902	233	23	be	be	AUX
cblr-2902	233	24	rendered	render	VERB
cblr-2902	233	25	insolvent	insolvent	ADJ
cblr-2902	233	26	by	by	ADP
cblr-2902	233	27	the	the	DET
cblr-2902	233	28	acquisitions	acquisition	NOUN
cblr-2902	233	29	)	)	PUNCT
cblr-2902	233	30	.	.	PUNCT
cblr-2902	234	1	32	32	NUM
cblr-2902	235	1	the	the	DET
cblr-2902	235	2	specific	specific	ADJ
cblr-2902	235	3	mechanism	mechanism	NOUN
cblr-2902	235	4	is	be	AUX
cblr-2902	235	5	that	that	SCONJ
cblr-2902	235	6	the	the	DET
cblr-2902	235	7	transaction	transaction	NOUN
cblr-2902	235	8	is	be	AUX
cblr-2902	235	9	only	only	ADV
cblr-2902	235	10	"	"	PUNCT
cblr-2902	235	11	collapsed"viewed	collapsed"viewe	VERB
cblr-2902	235	12	in	in	ADP
cblr-2902	235	13	substantive	substantive	ADJ
cblr-2902	235	14	economic	economic	ADJ
cblr-2902	235	15	terms	term	NOUN
cblr-2902	235	16	rather	rather	ADV
cblr-2902	235	17	than	than	ADP
cblr-2902	235	18	formal	formal	ADJ
cblr-2902	235	19	terms	term	NOUN
cblr-2902	235	20	-	-	PUNCT
cblr-2902	235	21	with	with	ADP
cblr-2902	235	22	respect	respect	NOUN
cblr-2902	235	23	to	to	ADP
cblr-2902	235	24	some	some	DET
cblr-2902	235	25	investors	investor	NOUN
cblr-2902	235	26	.	.	PUNCT
cblr-2902	236	1	this	this	PRON
cblr-2902	236	2	was	be	AUX
cblr-2902	236	3	perhaps	perhaps	ADV
cblr-2902	236	4	most	most	ADV
cblr-2902	236	5	dramatically	dramatically	ADV
cblr-2902	236	6	demonstrated	demonstrate	VERB
cblr-2902	236	7	in	in	ADP
cblr-2902	236	8	wieboldt	wieboldt	ADJ
cblr-2902	236	9	stores	store	NOUN
cblr-2902	236	10	,	,	PUNCT
cblr-2902	236	11	inc	inc	PROPN
cblr-2902	236	12	.	.	PROPN
cblr-2902	237	1	v.	v.	PROPN
cblr-2902	237	2	schottenstein	schottenstein	PROPN
cblr-2902	237	3	,	,	PUNCT
cblr-2902	238	1	94	94	PROPN
cblr-2902	238	2	b.r	b.r	PROPN
cblr-2902	238	3	.	.	PROPN
cblr-2902	238	4	488	488	NUM
cblr-2902	238	5	(	(	PUNCT
cblr-2902	238	6	n.d	n.d	PROPN
cblr-2902	238	7	.	.	PROPN
cblr-2902	238	8	ill	ill	PROPN
cblr-2902	238	9	.	.	PROPN
cblr-2902	238	10	1988	1988	NUM
cblr-2902	238	11	)	)	PUNCT
cblr-2902	238	12	,	,	PUNCT
cblr-2902	238	13	where	where	SCONJ
cblr-2902	238	14	the	the	DET
cblr-2902	238	15	transaction	transaction	NOUN
cblr-2902	238	16	was	be	AUX
cblr-2902	238	17	collapsed	collapse	VERB
cblr-2902	238	18	with	with	ADP
cblr-2902	238	19	respect	respect	NOUN
cblr-2902	238	20	to	to	ADP
cblr-2902	238	21	bank	bank	NOUN
cblr-2902	238	22	lenders	lender	NOUN
cblr-2902	238	23	and	and	CCONJ
cblr-2902	238	24	inside	inside	ADJ
cblr-2902	238	25	shareholders	shareholder	NOUN
cblr-2902	238	26	who	who	PRON
cblr-2902	238	27	understood	understand	VERB
cblr-2902	238	28	and	and	CCONJ
cblr-2902	238	29	helped	help	VERB
cblr-2902	238	30	structure	structure	VERB
cblr-2902	238	31	the	the	DET
cblr-2902	238	32	transaction	transaction	NOUN
cblr-2902	238	33	,	,	PUNCT
cblr-2902	238	34	but	but	CCONJ
cblr-2902	238	35	not	not	PART
cblr-2902	238	36	with	with	ADP
cblr-2902	238	37	respect	respect	NOUN
cblr-2902	238	38	to	to	ADP
cblr-2902	238	39	passive	passive	ADJ
cblr-2902	238	40	shareholders	shareholder	NOUN
cblr-2902	238	41	.	.	PUNCT
cblr-2902	239	1	i	i	PRON
cblr-2902	239	2	d.	d.	PROPN
cblr-2902	239	3	at	at	ADP
cblr-2902	239	4	503	503	NUM
cblr-2902	239	5	-	-	PUNCT
cblr-2902	239	6	04	04	NUM
cblr-2902	239	7	.	.	PUNCT
cblr-2902	240	1	section	section	PROPN
cblr-2902	240	2	546(e	546(e	PROPN
cblr-2902	240	3	)	)	PUNCT
cblr-2902	240	4	of	of	ADP
cblr-2902	240	5	the	the	DET
cblr-2902	240	6	bankruptcy	bankruptcy	NOUN
cblr-2902	240	7	code	code	NOUN
cblr-2902	240	8	has	have	AUX
cblr-2902	240	9	similarly	similarly	ADV
cblr-2902	240	10	been	be	AUX
cblr-2902	240	11	used	use	VERB
cblr-2902	240	12	to	to	PART
cblr-2902	240	13	shield	shield	VERB
cblr-2902	240	14	shareholders	shareholder	NOUN
cblr-2902	240	15	from	from	ADP
cblr-2902	240	16	fraudulent	fraudulent	ADJ
cblr-2902	240	17	transfer	transfer	NOUN
cblr-2902	240	18	liability	liability	NOUN
cblr-2902	240	19	,	,	PUNCT
cblr-2902	240	20	and	and	CCONJ
cblr-2902	240	21	2006	2006	NUM
cblr-2902	240	22	amendments	amendment	NOUN
cblr-2902	240	23	may	may	AUX
cblr-2902	240	24	extend	extend	VERB
cblr-2902	240	25	this	this	DET
cblr-2902	240	26	protection	protection	NOUN
cblr-2902	240	27	more	more	ADV
cblr-2902	240	28	broadly	broadly	ADV
cblr-2902	240	29	.	.	PUNCT
cblr-2902	241	1	see	see	VERB
cblr-2902	241	2	lowenschuss	lowenschuss	ADJ
cblr-2902	241	3	v.	v.	ADP
cblr-2902	241	4	resorts	resort	NOUN
cblr-2902	241	5	int'l	int'l	PROPN
cblr-2902	241	6	,	,	PUNCT
cblr-2902	241	7	inc	inc	PROPN
cblr-2902	241	8	.	.	PROPN
cblr-2902	242	1	(	(	PUNCT
cblr-2902	242	2	in	in	ADP
cblr-2902	242	3	re	re	ADP
cblr-2902	242	4	resorts	resort	NOUN
cblr-2902	242	5	int'l	int'l	PROPN
cblr-2902	242	6	,	,	PUNCT
cblr-2902	242	7	inc	inc	PROPN
cblr-2902	242	8	.	.	PROPN
cblr-2902	242	9	)	)	PUNCT
cblr-2902	242	10	,	,	PUNCT
cblr-2902	242	11	181	181	NUM
cblr-2902	242	12	f.3d	f.3d	NUM
cblr-2902	242	13	505	505	NUM
cblr-2902	242	14	,	,	PUNCT
cblr-2902	242	15	515	515	NUM
cblr-2902	242	16	-	-	SYM
cblr-2902	242	17	16	16	NUM
cblr-2902	242	18	(	(	PUNCT
cblr-2902	242	19	3d	3d	PROPN
cblr-2902	242	20	cir	cir	NOUN
cblr-2902	242	21	.	.	PROPN
cblr-2902	242	22	1999	1999	NUM
cblr-2902	242	23	)	)	PUNCT
cblr-2902	242	24	;	;	PUNCT
cblr-2902	242	25	quality	quality	NOUN
cblr-2902	242	26	stores	store	NOUN
cblr-2902	242	27	,	,	PUNCT
cblr-2902	242	28	inc	inc	PROPN
cblr-2902	242	29	.	.	PROPN
cblr-2902	243	1	v.	v.	ADP
cblr-2902	243	2	alford	alford	PROPN
cblr-2902	243	3	(	(	PUNCT
cblr-2902	243	4	in	in	ADP
cblr-2902	243	5	re	re	PROPN
cblr-2902	243	6	qsi	qsi	PROPN
cblr-2902	243	7	holdings	holdings	PROPN
cblr-2902	243	8	,	,	PUNCT
cblr-2902	243	9	inc	inc	PROPN
cblr-2902	243	10	.	.	PROPN
cblr-2902	243	11	)	)	PUNCT
cblr-2902	243	12	,	,	PUNCT
cblr-2902	243	13	571	571	NUM
cblr-2902	243	14	f.3d	f.3d	NUM
cblr-2902	243	15	545	545	NUM
cblr-2902	243	16	(	(	PUNCT
cblr-2902	243	17	6th	6th	ADJ
cblr-2902	243	18	cir	cir	NOUN
cblr-2902	243	19	.	.	PUNCT
cblr-2902	243	20	2009	2009	NUM
cblr-2902	243	21	)	)	PUNCT
cblr-2902	243	22	,	,	PUNCT
cblr-2902	243	23	cert	cert	PROPN
cblr-2902	243	24	.	.	PUNCT
cblr-2902	244	1	denied	deny	VERB
cblr-2902	244	2	,	,	PUNCT
cblr-2902	244	3	130	130	NUM
cblr-2902	244	4	s.	s.	PROPN
cblr-2902	244	5	ct	ct	PROPN
cblr-2902	244	6	.	.	PROPN
cblr-2902	244	7	1141	1141	NUM
cblr-2902	244	8	(	(	PUNCT
cblr-2902	244	9	2010	2010	NUM
cblr-2902	244	10	)	)	PUNCT
cblr-2902	244	11	.	.	PUNCT
cblr-2902	245	1	133no	133no	PROPN
cblr-2902	245	2	.	.	PUNCT
cblr-2902	246	1	1	1	NUM
cblr-2902	246	2	:	:	SYM
cblr-2902	246	3	118]1	118]1	NUM
cblr-2902	246	4	leveraged	leverage	VERB
cblr-2902	246	5	buyout	buyout	NOUN
cblr-2902	246	6	bankruptcies	bankruptcy	NOUN
cblr-2902	246	7	constructive	constructive	ADJ
cblr-2902	246	8	and	and	CCONJ
cblr-2902	246	9	actual	actual	ADJ
cblr-2902	246	10	fraud	fraud	NOUN
cblr-2902	246	11	standards	standard	NOUN
cblr-2902	246	12	,	,	PUNCT
cblr-2902	246	13	while	while	SCONJ
cblr-2902	246	14	others	other	NOUN
cblr-2902	246	15	have	have	AUX
cblr-2902	246	16	limited	limit	VERB
cblr-2902	246	17	the	the	DET
cblr-2902	246	18	remedies	remedy	NOUN
cblr-2902	246	19	available	available	ADJ
cblr-2902	246	20	to	to	ADP
cblr-2902	246	21	successful	successful	ADJ
cblr-2902	246	22	plaintiffs	plaintiff	NOUN
cblr-2902	246	23	.	.	PUNCT
cblr-2902	246	24	"	"	PUNCT
cblr-2902	247	1	once	once	ADV
cblr-2902	247	2	the	the	DET
cblr-2902	247	3	threshold	threshold	NOUN
cblr-2902	247	4	knowledge	knowledge	NOUN
cblr-2902	247	5	or	or	CCONJ
cblr-2902	247	6	intent	intent	ADJ
cblr-2902	247	7	requirement	requirement	NOUN
cblr-2902	247	8	is	be	AUX
cblr-2902	247	9	met	meet	VERB
cblr-2902	247	10	,	,	PUNCT
cblr-2902	247	11	"	"	PUNCT
cblr-2902	247	12	liability	liability	NOUN
cblr-2902	247	13	generally	generally	ADV
cblr-2902	247	14	turns	turn	VERB
cblr-2902	247	15	on	on	ADP
cblr-2902	247	16	the	the	DET
cblr-2902	247	17	financial	financial	ADJ
cblr-2902	247	18	condition	condition	NOUN
cblr-2902	247	19	of	of	ADP
cblr-2902	247	20	the	the	DET
cblr-2902	247	21	debtor	debtor	NOUN
cblr-2902	247	22	at	at	ADP
cblr-2902	247	23	the	the	DET
cblr-2902	247	24	time	time	NOUN
cblr-2902	247	25	of	of	ADP
cblr-2902	247	26	the	the	DET
cblr-2902	247	27	challenged	challenge	VERB
cblr-2902	247	28	transaction.5	transaction.5	PROPN
cblr-2902	247	29	although	although	SCONJ
cblr-2902	247	30	the	the	DET
cblr-2902	247	31	financial	financial	ADJ
cblr-2902	247	32	condition	condition	NOUN
cblr-2902	247	33	determination	determination	NOUN
cblr-2902	247	34	must	must	AUX
cblr-2902	247	35	be	be	AUX
cblr-2902	247	36	made	make	VERB
cblr-2902	247	37	without	without	ADP
cblr-2902	247	38	the	the	DET
cblr-2902	247	39	benefit	benefit	NOUN
cblr-2902	247	40	of	of	ADP
cblr-2902	247	41	hindsight	hindsight	NOUN
cblr-2902	247	42	,	,	PUNCT
cblr-2902	247	43	"	"	PUNCT
cblr-2902	247	44	the	the	DET
cblr-2902	247	45	methods	method	NOUN
cblr-2902	247	46	3	3	NUM
cblr-2902	247	47	best	good	ADJ
cblr-2902	247	48	products	product	NOUN
cblr-2902	247	49	,	,	PUNCT
cblr-2902	247	50	168	168	NUM
cblr-2902	247	51	b.r	b.r	PROPN
cblr-2902	247	52	.	.	PROPN
cblr-2902	247	53	at	at	ADP
cblr-2902	247	54	57	57	NUM
cblr-2902	247	55	(	(	PUNCT
cblr-2902	247	56	"	"	PUNCT
cblr-2902	247	57	[	[	X
cblr-2902	247	58	olne	olne	NOUN
cblr-2902	247	59	of	of	ADP
cblr-2902	247	60	the	the	DET
cblr-2902	247	61	murkiest	murky	ADJ
cblr-2902	247	62	areas	area	NOUN
cblr-2902	247	63	of	of	ADP
cblr-2902	247	64	fraudulent	fraudulent	ADJ
cblr-2902	247	65	transfer	transfer	NOUN
cblr-2902	247	66	law	law	NOUN
cblr-2902	247	67	as	as	SCONJ
cblr-2902	247	68	applied	apply	VERB
cblr-2902	247	69	to	to	ADP
cblr-2902	247	70	lbos	lbo	NOUN
cblr-2902	247	71	is	be	AUX
cblr-2902	247	72	what	what	PRON
cblr-2902	247	73	remedy	remedy	NOUN
cblr-2902	247	74	to	to	PART
cblr-2902	247	75	apply	apply	VERB
cblr-2902	247	76	when	when	SCONJ
cblr-2902	247	77	the	the	DET
cblr-2902	247	78	plaintiff	plaintiff	NOUN
cblr-2902	247	79	prevails	prevail	VERB
cblr-2902	247	80	.	.	PUNCT
cblr-2902	247	81	"	"	PUNCT
cblr-2902	247	82	)	)	PUNCT
cblr-2902	247	83	;	;	PUNCT
cblr-2902	247	84	i	i	PRON
cblr-2902	247	85	d.	d.	PROPN
cblr-2902	247	86	at	at	ADP
cblr-2902	247	87	57	57	NUM
cblr-2902	247	88	-	-	SYM
cblr-2902	247	89	59	59	NUM
cblr-2902	247	90	(	(	PUNCT
cblr-2902	247	91	reasoning	reason	VERB
cblr-2902	247	92	that	that	SCONJ
cblr-2902	247	93	"	"	PUNCT
cblr-2902	247	94	[	[	X
cblr-2902	247	95	there	there	PRON
cblr-2902	247	96	is	be	VERB
cblr-2902	247	97	respectable	respectable	ADJ
cblr-2902	247	98	commentary	commentary	NOUN
cblr-2902	247	99	to	to	ADP
cblr-2902	247	100	the	the	DET
cblr-2902	247	101	effect	effect	NOUN
cblr-2902	247	102	that	that	PRON
cblr-2902	247	103	lbo	lbo	PROPN
cblr-2902	247	104	lenders	lender	NOUN
cblr-2902	247	105	should	should	AUX
cblr-2902	247	106	have	have	VERB
cblr-2902	247	107	a	a	DET
cblr-2902	247	108	claim	claim	NOUN
cblr-2902	247	109	for	for	ADP
cblr-2902	247	110	all	all	DET
cblr-2902	247	111	the	the	DET
cblr-2902	247	112	consideration	consideration	NOUN
cblr-2902	247	113	with	with	ADP
cblr-2902	247	114	which	which	PRON
cblr-2902	247	115	they	they	PRON
cblr-2902	247	116	have	have	AUX
cblr-2902	247	117	parted	part	VERB
cblr-2902	247	118	,	,	PUNCT
cblr-2902	247	119	"	"	PUNCT
cblr-2902	247	120	and	and	CCONJ
cblr-2902	247	121	concluding	conclude	VERB
cblr-2902	247	122	that	that	SCONJ
cblr-2902	247	123	lbo	lbo	PROPN
cblr-2902	247	124	lenders	lender	NOUN
cblr-2902	247	125	whose	whose	DET
cblr-2902	247	126	loans	loan	NOUN
cblr-2902	247	127	had	have	AUX
cblr-2902	247	128	been	be	AUX
cblr-2902	247	129	voided	void	VERB
cblr-2902	247	130	should	should	AUX
cblr-2902	247	131	retain	retain	VERB
cblr-2902	247	132	an	an	DET
cblr-2902	247	133	unsecured	unsecured	ADJ
cblr-2902	247	134	claim	claim	NOUN
cblr-2902	247	135	against	against	ADP
cblr-2902	247	136	the	the	DET
cblr-2902	247	137	estate	estate	NOUN
cblr-2902	247	138	)	)	PUNCT
cblr-2902	247	139	.	.	PUNCT
cblr-2902	247	140	"	"	PUNCT
cblr-2902	248	1	not	not	PART
cblr-2902	248	2	all	all	DET
cblr-2902	248	3	courts	court	NOUN
cblr-2902	248	4	require	require	VERB
cblr-2902	248	5	knowledge	knowledge	NOUN
cblr-2902	248	6	or	or	CCONJ
cblr-2902	248	7	intent	intent	NOUN
cblr-2902	248	8	.	.	PUNCT
cblr-2902	249	1	see	see	VERB
cblr-2902	249	2	mfs	mfs	PROPN
cblr-2902	249	3	/	/	SYM
cblr-2902	249	4	sun	sun	PROPN
cblr-2902	249	5	life	life	PROPN
cblr-2902	249	6	trust	trust	NOUN
cblr-2902	249	7	-	-	PUNCT
cblr-2902	249	8	high	high	ADJ
cblr-2902	249	9	yield	yield	NOUN
cblr-2902	249	10	series	series	PROPN
cblr-2902	249	11	v.	v.	PROPN
cblr-2902	249	12	van	van	PROPN
cblr-2902	249	13	dusen	dusen	PROPN
cblr-2902	249	14	airport	airport	PROPN
cblr-2902	249	15	servs	servs	PROPN
cblr-2902	249	16	.	.	PUNCT
cblr-2902	250	1	co.	co.	PROPN
cblr-2902	250	2	,	,	PUNCT
cblr-2902	250	3	910	910	PROPN
cblr-2902	250	4	f.	f.	PROPN
cblr-2902	250	5	supp	supp	PROPN
cblr-2902	250	6	.	.	PUNCT
cblr-2902	251	1	913	913	NUM
cblr-2902	251	2	,	,	PUNCT
cblr-2902	251	3	936	936	NUM
cblr-2902	251	4	(	(	PUNCT
cblr-2902	251	5	s.d.n.y	s.d.n.y	PROPN
cblr-2902	251	6	.	.	PROPN
cblr-2902	251	7	1995	1995	NUM
cblr-2902	251	8	)	)	PUNCT
cblr-2902	251	9	(	(	PUNCT
cblr-2902	251	10	explicitly	explicitly	ADV
cblr-2902	251	11	stating	state	VERB
cblr-2902	251	12	that	that	SCONJ
cblr-2902	251	13	fraudulent	fraudulent	ADJ
cblr-2902	251	14	intent	intent	NOUN
cblr-2902	251	15	is	be	AUX
cblr-2902	251	16	not	not	PART
cblr-2902	251	17	required	require	VERB
cblr-2902	251	18	to	to	PART
cblr-2902	251	19	collapse	collapse	VERB
cblr-2902	251	20	a	a	DET
cblr-2902	251	21	transaction	transaction	NOUN
cblr-2902	251	22	)	)	PUNCT
cblr-2902	251	23	;	;	PUNCT
cblr-2902	251	24	liquidation	liquidation	NOUN
cblr-2902	251	25	trust	trust	NOUN
cblr-2902	251	26	of	of	ADP
cblr-2902	251	27	hechinger	hechinger	PROPN
cblr-2902	251	28	inv	inv	PROPN
cblr-2902	251	29	.	.	PUNCT
cblr-2902	251	30	co.	co.	PROPN
cblr-2902	251	31	of	of	ADP
cblr-2902	251	32	del	del	PROPN
cblr-2902	251	33	.	.	PROPN
cblr-2902	251	34	v.	v.	ADP
cblr-2902	251	35	fleet	fleet	ADJ
cblr-2902	251	36	retail	retail	PROPN
cblr-2902	251	37	fin	fin	PROPN
cblr-2902	251	38	.	.	PUNCT
cblr-2902	252	1	grp	grp	PROPN
cblr-2902	252	2	.	.	PUNCT
cblr-2902	253	1	(	(	PUNCT
cblr-2902	253	2	in	in	ADP
cblr-2902	253	3	re	re	PRON
cblr-2902	253	4	hechinger	hechinger	PROPN
cblr-2902	253	5	inv	inv	VERB
cblr-2902	253	6	.	.	PUNCT
cblr-2902	253	7	co.	co.	PROPN
cblr-2902	253	8	of	of	ADP
cblr-2902	253	9	del	del	PROPN
cblr-2902	253	10	.	.	PROPN
cblr-2902	253	11	)	)	PUNCT
cblr-2902	253	12	,	,	PUNCT
cblr-2902	253	13	327	327	NUM
cblr-2902	253	14	b.r	b.r	PROPN
cblr-2902	253	15	.	.	PROPN
cblr-2902	253	16	537	537	NUM
cblr-2902	253	17	,	,	PUNCT
cblr-2902	253	18	546	546	NUM
cblr-2902	253	19	-	-	SYM
cblr-2902	253	20	47	47	NUM
cblr-2902	253	21	,	,	PUNCT
cblr-2902	253	22	551	551	NUM
cblr-2902	253	23	(	(	PUNCT
cblr-2902	253	24	d.	d.	PROPN
cblr-2902	253	25	del	del	PROPN
cblr-2902	253	26	.	.	PROPN
cblr-2902	253	27	2005	2005	NUM
cblr-2902	253	28	)	)	PUNCT
cblr-2902	253	29	,	,	PUNCT
cblr-2902	253	30	affd	affd	PROPN
cblr-2902	253	31	,	,	PUNCT
cblr-2902	253	32	278	278	NUM
cblr-2902	253	33	f.	f.	NOUN
cblr-2902	253	34	app'x	app'x	PROPN
cblr-2902	253	35	125	125	NUM
cblr-2902	253	36	(	(	PUNCT
cblr-2902	253	37	3d	3d	PROPN
cblr-2902	253	38	cir	cir	NOUN
cblr-2902	253	39	.	.	PROPN
cblr-2902	253	40	2008	2008	NUM
cblr-2902	253	41	)	)	PUNCT
cblr-2902	253	42	(	(	PUNCT
cblr-2902	253	43	collapsing	collapse	VERB
cblr-2902	253	44	an	an	DET
cblr-2902	253	45	lbo	lbo	PROPN
cblr-2902	253	46	with	with	ADP
cblr-2902	253	47	respect	respect	NOUN
cblr-2902	253	48	to	to	ADP
cblr-2902	253	49	lenders	lender	NOUN
cblr-2902	253	50	,	,	PUNCT
cblr-2902	253	51	even	even	ADV
cblr-2902	253	52	though	though	SCONJ
cblr-2902	253	53	the	the	DET
cblr-2902	253	54	court	court	NOUN
cblr-2902	253	55	found	find	VERB
cblr-2902	253	56	that	that	SCONJ
cblr-2902	253	57	there	there	PRON
cblr-2902	253	58	was	be	VERB
cblr-2902	253	59	no	no	DET
cblr-2902	253	60	fraudulent	fraudulent	ADJ
cblr-2902	253	61	intent	intent	NOUN
cblr-2902	253	62	)	)	PUNCT
cblr-2902	253	63	.	.	PUNCT
cblr-2902	254	1	these	these	DET
cblr-2902	254	2	courts	court	NOUN
cblr-2902	254	3	move	move	VERB
cblr-2902	254	4	directly	directly	ADV
cblr-2902	254	5	to	to	ADP
cblr-2902	254	6	an	an	DET
cblr-2902	254	7	analysis	analysis	NOUN
cblr-2902	254	8	of	of	ADP
cblr-2902	254	9	reasonably	reasonably	ADV
cblr-2902	254	10	equivalent	equivalent	ADJ
cblr-2902	254	11	value	value	NOUN
cblr-2902	254	12	and	and	CCONJ
cblr-2902	254	13	solvency	solvency	NOUN
cblr-2902	254	14	.	.	PUNCT
cblr-2902	254	15	"	"	PUNCT
cblr-2902	255	1	although	although	SCONJ
cblr-2902	255	2	plaintiffs	plaintiff	NOUN
cblr-2902	255	3	must	must	AUX
cblr-2902	255	4	also	also	ADV
cblr-2902	255	5	prove	prove	VERB
cblr-2902	255	6	that	that	SCONJ
cblr-2902	255	7	the	the	DET
cblr-2902	255	8	debtor	debtor	NOUN
cblr-2902	255	9	received	receive	VERB
cblr-2902	255	10	"	"	PUNCT
cblr-2902	255	11	less	less	ADJ
cblr-2902	255	12	than	than	ADP
cblr-2902	255	13	a	a	DET
cblr-2902	255	14	reasonably	reasonably	ADV
cblr-2902	255	15	equivalent	equivalent	ADJ
cblr-2902	255	16	value	value	NOUN
cblr-2902	255	17	"	"	PUNCT
cblr-2902	255	18	in	in	ADP
cblr-2902	255	19	the	the	DET
cblr-2902	255	20	challenged	challenge	VERB
cblr-2902	255	21	transfer	transfer	NOUN
cblr-2902	255	22	,	,	PUNCT
cblr-2902	255	23	they	they	PRON
cblr-2902	255	24	can	can	AUX
cblr-2902	255	25	generally	generally	ADV
cblr-2902	255	26	do	do	VERB
cblr-2902	255	27	so	so	ADV
cblr-2902	255	28	if	if	SCONJ
cblr-2902	255	29	the	the	DET
cblr-2902	255	30	court	court	NOUN
cblr-2902	255	31	is	be	AUX
cblr-2902	255	32	willing	willing	ADJ
cblr-2902	255	33	to	to	PART
cblr-2902	255	34	"	"	PUNCT
cblr-2902	255	35	collapse	collapse	VERB
cblr-2902	255	36	"	"	PUNCT
cblr-2902	255	37	multiple	multiple	ADJ
cblr-2902	255	38	steps	step	NOUN
cblr-2902	255	39	of	of	ADP
cblr-2902	255	40	a	a	DET
cblr-2902	255	41	leveraging	leverage	VERB
cblr-2902	255	42	transaction	transaction	NOUN
cblr-2902	255	43	.	.	PUNCT
cblr-2902	256	1	see	see	VERB
cblr-2902	256	2	,	,	PUNCT
cblr-2902	256	3	e.g.	e.g.	ADV
cblr-2902	256	4	,	,	PUNCT
cblr-2902	256	5	mellon	mellon	PROPN
cblr-2902	256	6	bank	bank	PROPN
cblr-2902	256	7	,	,	PUNCT
cblr-2902	256	8	n.a	n.a	PROPN
cblr-2902	256	9	.	.	PROPN
cblr-2902	257	1	v.	v.	PROPN
cblr-2902	257	2	metro	metro	PROPN
cblr-2902	257	3	commc'ns	commc'ns	PROPN
cblr-2902	257	4	,	,	PUNCT
cblr-2902	257	5	inc	inc	PROPN
cblr-2902	257	6	.	.	PROPN
cblr-2902	257	7	,	,	PUNCT
cblr-2902	257	8	945	945	NUM
cblr-2902	257	9	f.2d	f.2d	ADP
cblr-2902	257	10	635	635	NUM
cblr-2902	257	11	,	,	PUNCT
cblr-2902	257	12	645	645	NUM
cblr-2902	257	13	-	-	SYM
cblr-2902	257	14	46	46	NUM
cblr-2902	257	15	(	(	PUNCT
cblr-2902	257	16	3d	3d	PROPN
cblr-2902	257	17	cir	cir	NOUN
cblr-2902	257	18	.	.	PROPN
cblr-2902	257	19	1991	1991	NUM
cblr-2902	257	20	)	)	PUNCT
cblr-2902	257	21	.	.	PUNCT
cblr-2902	258	1	however	however	ADV
cblr-2902	258	2	,	,	PUNCT
cblr-2902	258	3	where	where	SCONJ
cblr-2902	258	4	borrowed	borrow	VERB
cblr-2902	258	5	funds	fund	NOUN
cblr-2902	258	6	are	be	AUX
cblr-2902	258	7	used	use	VERB
cblr-2902	258	8	to	to	PART
cblr-2902	258	9	repay	repay	VERB
cblr-2902	258	10	previous	previous	ADJ
cblr-2902	258	11	debts	debt	NOUN
cblr-2902	258	12	or	or	CCONJ
cblr-2902	258	13	retained	retain	VERB
cblr-2902	258	14	as	as	ADP
cblr-2902	258	15	working	working	NOUN
cblr-2902	258	16	capital	capital	NOUN
cblr-2902	258	17	,	,	PUNCT
cblr-2902	258	18	or	or	CCONJ
cblr-2902	258	19	where	where	SCONJ
cblr-2902	258	20	the	the	DET
cblr-2902	258	21	transaction	transaction	NOUN
cblr-2902	258	22	creates	create	VERB
cblr-2902	258	23	very	very	ADV
cblr-2902	258	24	substantial	substantial	ADJ
cblr-2902	258	25	synergies	synergy	NOUN
cblr-2902	258	26	,	,	PUNCT
cblr-2902	258	27	defendants	defendant	NOUN
cblr-2902	258	28	may	may	AUX
cblr-2902	258	29	have	have	VERB
cblr-2902	258	30	a	a	DET
cblr-2902	258	31	stronger	strong	ADJ
cblr-2902	258	32	defense	defense	NOUN
cblr-2902	258	33	independent	independent	NOUN
cblr-2902	258	34	of	of	ADP
cblr-2902	258	35	the	the	DET
cblr-2902	258	36	financial	financial	ADJ
cblr-2902	258	37	condition	condition	NOUN
cblr-2902	258	38	of	of	ADP
cblr-2902	258	39	the	the	DET
cblr-2902	258	40	debtor	debtor	NOUN
cblr-2902	258	41	.	.	PUNCT
cblr-2902	259	1	see	see	VERB
cblr-2902	259	2	best	good	ADJ
cblr-2902	259	3	products	product	NOUN
cblr-2902	259	4	,	,	PUNCT
cblr-2902	259	5	168	168	NUM
cblr-2902	259	6	b.r	b.r	PROPN
cblr-2902	259	7	.	.	PROPN
cblr-2902	259	8	at	at	ADP
cblr-2902	259	9	58	58	NUM
cblr-2902	259	10	;	;	PUNCT
cblr-2902	259	11	mellon	mellon	PROPN
cblr-2902	259	12	bank	bank	PROPN
cblr-2902	259	13	,	,	PUNCT
cblr-2902	259	14	945	945	NUM
cblr-2902	259	15	f.2d	f.2d	X
cblr-2902	259	16	at	at	ADP
cblr-2902	259	17	635	635	NUM
cblr-2902	259	18	(	(	PUNCT
cblr-2902	259	19	finding	find	VERB
cblr-2902	259	20	that	that	SCONJ
cblr-2902	259	21	synergies	synergy	NOUN
cblr-2902	259	22	could	could	AUX
cblr-2902	259	23	provide	provide	VERB
cblr-2902	259	24	reasonably	reasonably	ADV
cblr-2902	259	25	equivalent	equivalent	ADJ
cblr-2902	259	26	value	value	NOUN
cblr-2902	259	27	)	)	PUNCT
cblr-2902	259	28	;	;	PUNCT
cblr-2902	259	29	mfsisun	mfsisun	NOUN
cblr-2902	259	30	life	life	NOUN
cblr-2902	259	31	,	,	PUNCT
cblr-2902	259	32	910	910	NUM
cblr-2902	259	33	f.	f.	PROPN
cblr-2902	259	34	supp	supp	PROPN
cblr-2902	259	35	.	.	PUNCT
cblr-2902	260	1	at	at	ADP
cblr-2902	260	2	937	937	NUM
cblr-2902	260	3	(	(	PUNCT
cblr-2902	260	4	holding	hold	VERB
cblr-2902	260	5	that	that	DET
cblr-2902	260	6	tax	tax	NOUN
cblr-2902	260	7	savings	saving	NOUN
cblr-2902	260	8	,	,	PUNCT
cblr-2902	260	9	new	new	ADJ
cblr-2902	260	10	management	management	NOUN
cblr-2902	260	11	,	,	PUNCT
cblr-2902	260	12	and	and	CCONJ
cblr-2902	260	13	the	the	DET
cblr-2902	260	14	availability	availability	NOUN
cblr-2902	260	15	of	of	ADP
cblr-2902	260	16	additional	additional	ADJ
cblr-2902	260	17	credit	credit	NOUN
cblr-2902	260	18	may	may	AUX
cblr-2902	260	19	qualify	qualify	VERB
cblr-2902	260	20	as	as	ADP
cblr-2902	260	21	indirect	indirect	ADJ
cblr-2902	260	22	benefits	benefit	NOUN
cblr-2902	260	23	)	)	PUNCT
cblr-2902	260	24	.	.	PUNCT
cblr-2902	261	1	36	36	NUM
cblr-2902	261	2	murphy	murphy	PROPN
cblr-2902	261	3	v.	v.	ADP
cblr-2902	261	4	meritor	meritor	PROPN
cblr-2902	261	5	say	say	VERB
cblr-2902	261	6	.	.	PUNCT
cblr-2902	262	1	bank	bank	PROPN
cblr-2902	262	2	(	(	PUNCT
cblr-2902	262	3	in	in	ADP
cblr-2902	262	4	re	re	PROPN
cblr-2902	262	5	o'day	o'day	PROPN
cblr-2902	262	6	corp	corp	PROPN
cblr-2902	262	7	.	.	PROPN
cblr-2902	262	8	)	)	PUNCT
cblr-2902	262	9	,	,	PUNCT
cblr-2902	262	10	126	126	NUM
cblr-2902	262	11	b.r	b.r	PROPN
cblr-2902	262	12	.	.	PROPN
cblr-2902	262	13	370	370	NUM
cblr-2902	262	14	,	,	PUNCT
cblr-2902	262	15	404	404	NUM
cblr-2902	262	16	(	(	PUNCT
cblr-2902	262	17	bankr	bankr	PROPN
cblr-2902	262	18	.	.	PUNCT
cblr-2902	263	1	d.	d.	PROPN
cblr-2902	263	2	mass	mass	PROPN
cblr-2902	263	3	.	.	PROPN
cblr-2902	263	4	1991	1991	NUM
cblr-2902	263	5	)	)	PUNCT
cblr-2902	264	1	(	(	PUNCT
cblr-2902	264	2	finding	find	VERB
cblr-2902	264	3	that	that	SCONJ
cblr-2902	264	4	the	the	DET
cblr-2902	264	5	court	court	NOUN
cblr-2902	264	6	's	's	PART
cblr-2902	264	7	task	task	NOUN
cblr-2902	264	8	is	be	AUX
cblr-2902	264	9	"	"	PUNCT
cblr-2902	264	10	not	not	PART
cblr-2902	264	11	to	to	PART
cblr-2902	264	12	examine	examine	VERB
cblr-2902	264	13	what	what	PRON
cblr-2902	264	14	happened	happen	VERB
cblr-2902	264	15	to	to	ADP
cblr-2902	264	16	the	the	DET
cblr-2902	264	17	company	company	NOUN
cblr-2902	264	18	but	but	CCONJ
cblr-2902	264	19	whether	whether	SCONJ
cblr-2902	264	20	the	the	DET
cblr-2902	264	21	projections	projection	NOUN
cblr-2902	264	22	employed	employ	VERB
cblr-2902	264	23	prior	prior	ADV
cblr-2902	264	24	the	the	DET
cblr-2902	264	25	lbo	lbo	PROPN
cblr-2902	264	26	were	be	AUX
cblr-2902	264	27	prudent	prudent	ADJ
cblr-2902	264	28	.	.	PUNCT
cblr-2902	264	29	.	.	PUNCT
cblr-2902	264	30	.	.	PUNCT
cblr-2902	264	31	.	.	PUNCT
cblr-2902	265	1	[	[	X
cblr-2902	265	2	a	a	X
cblr-2902	265	3	]	]	X
cblr-2902	265	4	decision	decision	NOUN
cblr-2902	265	5	should	should	AUX
cblr-2902	265	6	not	not	PART
cblr-2902	265	7	be	be	AUX
cblr-2902	265	8	made	make	VERB
cblr-2902	265	9	using	use	VERB
cblr-2902	265	10	hindsight	hindsight	NOUN
cblr-2902	265	11	.	.	PUNCT
cblr-2902	265	12	"	"	PUNCT
cblr-2902	265	13	)	)	PUNCT
cblr-2902	265	14	(	(	PUNCT
cblr-2902	265	15	citing	cite	VERB
cblr-2902	265	16	credit	credit	NOUN
cblr-2902	265	17	managers	manager	NOUN
cblr-2902	265	18	,	,	PUNCT
cblr-2902	265	19	629	629	NUM
cblr-2902	265	20	f.	f.	PROPN
cblr-2902	265	21	supp	supp	PROPN
cblr-2902	265	22	.	.	PUNCT
cblr-2902	266	1	at	at	ADP
cblr-2902	266	2	187	187	NUM
cblr-2902	266	3	)	)	PUNCT
cblr-2902	266	4	;	;	PUNCT
cblr-2902	266	5	see	see	VERB
cblr-2902	266	6	also	also	ADV
cblr-2902	266	7	mfs	mfs	PROPN
cblr-2902	266	8	/	/	SYM
cblr-2902	266	9	sun	sun	NOUN
cblr-2902	266	10	life	life	NOUN
cblr-2902	266	11	,	,	PUNCT
cblr-2902	266	12	910	910	NUM
cblr-2902	266	13	f.	f.	PROPN
cblr-2902	266	14	supp	supp	PROPN
cblr-2902	266	15	.	.	PUNCT
cblr-2902	267	1	at	at	ADP
cblr-2902	267	2	943	943	NUM
cblr-2902	267	3	-	-	SYM
cblr-2902	267	4	44	44	NUM
cblr-2902	267	5	(	(	PUNCT
cblr-2902	267	6	"	"	PUNCT
cblr-2902	267	7	we	we	PRON
cblr-2902	267	8	know	know	VERB
cblr-2902	267	9	,	,	PUNCT
cblr-2902	267	10	with	with	ADP
cblr-2902	267	11	hindsight	hindsight	ADJ
cblr-2902	267	12	,	,	PUNCT
cblr-2902	267	13	that	that	SCONJ
cblr-2902	267	14	the	the	DET
cblr-2902	267	15	forecasts	forecast	NOUN
cblr-2902	267	16	were	be	AUX
cblr-2902	267	17	not	not	PART
cblr-2902	267	18	realized	realize	VERB
cblr-2902	267	19	.	.	PUNCT
cblr-2902	268	1	but	but	CCONJ
cblr-2902	268	2	'	'	PUNCT
cblr-2902	268	3	[	[	X
cblr-2902	268	4	tihe	tihe	ADJ
cblr-2902	268	5	question	question	NOUN
cblr-2902	268	6	the	the	DET
cblr-2902	268	7	court	court	NOUN
cblr-2902	268	8	must	must	AUX
cblr-2902	268	9	decide	decide	VERB
cblr-2902	268	10	is	be	AUX
cblr-2902	268	11	not	not	PART
cblr-2902	268	12	whether	whether	SCONJ
cblr-2902	268	13	[	[	X
cblr-2902	268	14	the	the	DET
cblr-2902	268	15	]	]	X
cblr-2902	268	16	projection	projection	NOUN
cblr-2902	268	17	was	be	AUX
cblr-2902	268	18	correct	correct	ADJ
cblr-2902	268	19	,	,	PUNCT
cblr-2902	268	20	for	for	SCONJ
cblr-2902	268	21	it	it	PRON
cblr-2902	268	22	clearly	clearly	ADV
cblr-2902	268	23	was	be	AUX
cblr-2902	268	24	not	not	PART
cblr-2902	268	25	,	,	PUNCT
cblr-2902	268	26	but	but	CCONJ
cblr-2902	268	27	col	col	PROPN
cblr-2902	268	28	uamia	uamia	PROPN
cblr-2902	268	29	business	business	PROPN
cblr-2902	268	30	law	law	PROPN
cblr-2902	268	31	re	re	AUX
cblr-2902	268	32	view	view	VERB
cblr-2902	269	1	[	[	X
cblr-2902	269	2	vol	vol	NOUN
cblr-2902	269	3	.	.	NOUN
cblr-2902	269	4	20	20	NUM
cblr-2902	269	5	11134	11134	NUM
cblr-2902	269	6	traditionally	traditionally	ADV
cblr-2902	269	7	used	use	VERB
cblr-2902	269	8	by	by	ADP
cblr-2902	269	9	the	the	DET
cblr-2902	269	10	courts	court	NOUN
cblr-2902	269	11	to	to	PART
cblr-2902	269	12	evaluate	evaluate	VERB
cblr-2902	269	13	the	the	DET
cblr-2902	269	14	financial	financial	ADJ
cblr-2902	269	15	condition	condition	NOUN
cblr-2902	269	16	of	of	ADP
cblr-2902	269	17	the	the	DET
cblr-2902	269	18	debtor	debtor	NOUN
cblr-2902	269	19	inevitably	inevitably	ADV
cblr-2902	269	20	introduce	introduce	VERB
cblr-2902	269	21	legally	legally	ADV
cblr-2902	269	22	impermissible	impermissible	ADJ
cblr-2902	269	23	hindsight	hindsight	ADJ
cblr-2902	269	24	bias	bias	NOUN
cblr-2902	269	25	.	.	PUNCT
cblr-2902	270	1	recent	recent	ADJ
cblr-2902	270	2	case	case	NOUN
cblr-2902	270	3	law	law	NOUN
cblr-2902	270	4	and	and	CCONJ
cblr-2902	270	5	financial	financial	ADJ
cblr-2902	270	6	market	market	NOUN
cblr-2902	270	7	innovations	innovation	NOUN
cblr-2902	270	8	suggest	suggest	VERB
cblr-2902	270	9	an	an	DET
cblr-2902	270	10	approach	approach	NOUN
cblr-2902	270	11	that	that	PRON
cblr-2902	270	12	could	could	AUX
cblr-2902	270	13	reduce	reduce	VERB
cblr-2902	270	14	hindsight	hindsight	ADJ
cblr-2902	270	15	bias	bias	NOUN
cblr-2902	270	16	and	and	CCONJ
cblr-2902	270	17	improve	improve	VERB
cblr-2902	270	18	judicial	judicial	ADJ
cblr-2902	270	19	decision	decision	NOUN
cblr-2902	270	20	-	-	PUNCT
cblr-2902	270	21	making	making	NOUN
cblr-2902	270	22	.	.	PUNCT
cblr-2902	271	1	this	this	DET
cblr-2902	271	2	section	section	NOUN
cblr-2902	271	3	traces	trace	VERB
cblr-2902	271	4	the	the	DET
cblr-2902	271	5	evolution	evolution	NOUN
cblr-2902	271	6	of	of	ADP
cblr-2902	271	7	fraudulent	fraudulent	ADJ
cblr-2902	271	8	transfer	transfer	NOUN
cblr-2902	271	9	law	law	NOUN
cblr-2902	271	10	into	into	ADP
cblr-2902	271	11	a	a	DET
cblr-2902	271	12	form	form	NOUN
cblr-2902	271	13	of	of	ADP
cblr-2902	271	14	capital	capital	NOUN
cblr-2902	271	15	adequacy	adequacy	NOUN
cblr-2902	271	16	regulation	regulation	NOUN
cblr-2902	271	17	,	,	PUNCT
cblr-2902	271	18	first	first	ADV
cblr-2902	271	19	through	through	ADP
cblr-2902	271	20	the	the	DET
cblr-2902	271	21	emergence	emergence	NOUN
cblr-2902	271	22	of	of	ADP
cblr-2902	271	23	constructive	constructive	ADJ
cblr-2902	271	24	fraud	fraud	NOUN
cblr-2902	271	25	,	,	PUNCT
cblr-2902	271	26	and	and	CCONJ
cblr-2902	271	27	later	later	ADV
cblr-2902	271	28	through	through	ADP
cblr-2902	271	29	the	the	DET
cblr-2902	271	30	application	application	NOUN
cblr-2902	271	31	of	of	ADP
cblr-2902	271	32	constructive	constructive	ADJ
cblr-2902	271	33	fraud	fraud	NOUN
cblr-2902	271	34	to	to	ADP
cblr-2902	271	35	modern	modern	ADJ
cblr-2902	271	36	leveraging	leverage	VERB
cblr-2902	271	37	transactions	transaction	NOUN
cblr-2902	271	38	,	,	PUNCT
cblr-2902	271	39	primarily	primarily	ADV
cblr-2902	271	40	lbos	lbo	NOUN
cblr-2902	271	41	.	.	PUNCT
cblr-2902	272	1	the	the	DET
cblr-2902	272	2	section	section	NOUN
cblr-2902	272	3	explains	explain	VERB
cblr-2902	272	4	how	how	SCONJ
cblr-2902	272	5	reliance	reliance	NOUN
cblr-2902	272	6	on	on	ADP
cblr-2902	272	7	expert	expert	NOUN
cblr-2902	272	8	opinions	opinion	NOUN
cblr-2902	272	9	led	lead	VERB
cblr-2902	272	10	to	to	ADP
cblr-2902	272	11	subjectivity	subjectivity	NOUN
cblr-2902	272	12	and	and	CCONJ
cblr-2902	272	13	arbitrariness	arbitrariness	NOUN
cblr-2902	272	14	,	,	PUNCT
cblr-2902	272	15	how	how	SCONJ
cblr-2902	272	16	human	human	ADJ
cblr-2902	272	17	psychology	psychology	NOUN
cblr-2902	272	18	gave	give	VERB
cblr-2902	272	19	plaintiffs	plaintiff	NOUN
cblr-2902	272	20	an	an	DET
cblr-2902	272	21	unfair	unfair	ADJ
cblr-2902	272	22	and	and	CCONJ
cblr-2902	272	23	legally	legally	ADV
cblr-2902	272	24	impermissible	impermissible	ADJ
cblr-2902	272	25	advantage	advantage	NOUN
cblr-2902	272	26	,	,	PUNCT
cblr-2902	272	27	and	and	CCONJ
cblr-2902	272	28	how	how	SCONJ
cblr-2902	272	29	courts	court	NOUN
cblr-2902	272	30	have	have	AUX
cblr-2902	272	31	recently	recently	ADV
cblr-2902	272	32	turned	turn	VERB
cblr-2902	272	33	to	to	ADP
cblr-2902	272	34	financial	financial	ADJ
cblr-2902	272	35	market	market	NOUN
cblr-2902	272	36	data	datum	NOUN
cblr-2902	272	37	to	to	PART
cblr-2902	272	38	try	try	VERB
cblr-2902	272	39	to	to	PART
cblr-2902	272	40	alleviate	alleviate	VERB
cblr-2902	272	41	these	these	DET
cblr-2902	272	42	problems	problem	NOUN
cblr-2902	272	43	.	.	PUNCT
cblr-2902	273	1	a.	a.	NOUN
cblr-2902	274	1	as	as	SCONJ
cblr-2902	274	2	fraudulent	fraudulent	ADJ
cblr-2902	274	3	transfer	transfer	NOUN
cblr-2902	274	4	law	law	NOUN
cblr-2902	274	5	developed	develop	VERB
cblr-2902	274	6	,	,	PUNCT
cblr-2902	274	7	it	it	PRON
cblr-2902	274	8	became	become	VERB
cblr-2902	274	9	a	a	DET
cblr-2902	274	10	tool	tool	NOUN
cblr-2902	274	11	used	use	VERB
cblr-2902	274	12	by	by	ADP
cblr-2902	274	13	courts	court	NOUN
cblr-2902	274	14	to	to	PART
cblr-2902	274	15	limit	limit	VERB
cblr-2902	274	16	risk	risk	NOUN
cblr-2902	274	17	taking	take	VERB
cblr-2902	274	18	fraudulent	fraudulent	ADJ
cblr-2902	274	19	transfer	transfer	NOUN
cblr-2902	274	20	law	law	NOUN
cblr-2902	274	21	originally	originally	ADV
cblr-2902	274	22	developed	develop	VERB
cblr-2902	274	23	in	in	ADP
cblr-2902	274	24	response	response	NOUN
cblr-2902	274	25	to	to	ADP
cblr-2902	274	26	a	a	DET
cblr-2902	274	27	very	very	ADV
cblr-2902	274	28	specific	specific	ADJ
cblr-2902	274	29	problem	problem	NOUN
cblr-2902	274	30	:	:	PUNCT
cblr-2902	274	31	debtors	debtor	NOUN
cblr-2902	274	32	on	on	ADP
cblr-2902	274	33	the	the	DET
cblr-2902	274	34	verge	verge	NOUN
cblr-2902	274	35	of	of	ADP
cblr-2902	274	36	insolvency	insolvency	NOUN
cblr-2902	274	37	would	would	AUX
cblr-2902	274	38	sometimes	sometimes	ADV
cblr-2902	274	39	transfer	transfer	VERB
cblr-2902	274	40	their	their	PRON
cblr-2902	274	41	assets	asset	NOUN
cblr-2902	274	42	to	to	ADP
cblr-2902	274	43	friends	friend	NOUN
cblr-2902	274	44	or	or	CCONJ
cblr-2902	274	45	relatives	relative	NOUN
cblr-2902	274	46	for	for	ADP
cblr-2902	274	47	nominal	nominal	ADJ
cblr-2902	274	48	consideration	consideration	NOUN
cblr-2902	274	49	,	,	PUNCT
cblr-2902	274	50	leaving	leave	VERB
cblr-2902	274	51	little	little	ADJ
cblr-2902	274	52	or	or	CCONJ
cblr-2902	274	53	no	no	PRON
cblr-2902	274	54	value	value	NOUN
cblr-2902	274	55	in	in	ADP
cblr-2902	274	56	their	their	PRON
cblr-2902	274	57	estates	estate	NOUN
cblr-2902	274	58	to	to	PART
cblr-2902	274	59	satisfy	satisfy	VERB
cblr-2902	274	60	the	the	DET
cblr-2902	274	61	claims	claim	NOUN
cblr-2902	274	62	of	of	ADP
cblr-2902	274	63	other	other	ADJ
cblr-2902	274	64	creditors	creditor	NOUN
cblr-2902	274	65	.	.	PUNCT
cblr-2902	274	66	"	"	PUNCT
cblr-2902	275	1	the	the	DET
cblr-2902	275	2	english	english	ADJ
cblr-2902	275	3	legal	legal	ADJ
cblr-2902	275	4	system	system	NOUN
cblr-2902	275	5	responded	respond	VERB
cblr-2902	275	6	to	to	ADP
cblr-2902	275	7	this	this	DET
cblr-2902	275	8	problem	problem	NOUN
cblr-2902	275	9	by	by	ADP
cblr-2902	275	10	allowing	allow	VERB
cblr-2902	275	11	creditors	creditor	NOUN
cblr-2902	275	12	to	to	PART
cblr-2902	275	13	petition	petition	VERB
cblr-2902	275	14	a	a	DET
cblr-2902	275	15	court	court	NOUN
cblr-2902	275	16	to	to	PART
cblr-2902	275	17	void	void	VERB
cblr-2902	275	18	the	the	DET
cblr-2902	275	19	transfer	transfer	NOUN
cblr-2902	275	20	as	as	ADP
cblr-2902	275	21	a	a	DET
cblr-2902	275	22	"	"	PUNCT
cblr-2902	275	23	fraudulent	fraudulent	ADJ
cblr-2902	275	24	conveyance	conveyance	NOUN
cblr-2902	275	25	"	"	PUNCT
cblr-2902	275	26	or	or	CCONJ
cblr-2902	275	27	a	a	DET
cblr-2902	275	28	"	"	PUNCT
cblr-2902	275	29	fraudulent	fraudulent	ADJ
cblr-2902	275	30	transfer	transfer	NOUN
cblr-2902	275	31	.	.	PUNCT
cblr-2902	275	32	"	"	PUNCT
cblr-2902	276	1	the	the	DET
cblr-2902	276	2	standard	standard	NOUN
cblr-2902	276	3	under	under	ADP
cblr-2902	276	4	which	which	PRON
cblr-2902	276	5	a	a	DET
cblr-2902	276	6	fraudulent	fraudulent	ADJ
cblr-2902	276	7	transfer	transfer	NOUN
cblr-2902	276	8	could	could	AUX
cblr-2902	276	9	be	be	AUX
cblr-2902	276	10	voided	void	VERB
cblr-2902	276	11	was	be	AUX
cblr-2902	276	12	first	first	ADV
cblr-2902	276	13	codified	codify	VERB
cblr-2902	276	14	in	in	ADP
cblr-2902	276	15	england	england	PROPN
cblr-2902	276	16	in	in	ADP
cblr-2902	276	17	1570	1570	NUM
cblr-2902	276	18	,	,	PUNCT
cblr-2902	276	19	in	in	ADP
cblr-2902	276	20	the	the	DET
cblr-2902	276	21	statute	statute	NOUN
cblr-2902	276	22	of	of	ADP
cblr-2902	276	23	elizabeth	elizabeth	PROPN
cblr-2902	276	24	,	,	PUNCT
cblr-2902	276	25	13	13	NUM
cblr-2902	276	26	eliz	eliz	NOUN
cblr-2902	276	27	.	.	PUNCT
cblr-2902	277	1	,	,	PUNCT
cblr-2902	277	2	c.5	c.5	ADP
cblr-2902	277	3	,	,	PUNCT
cblr-2902	277	4	§	§	PROPN
cblr-2902	277	5	1	1	NUM
cblr-2902	277	6	,	,	PUNCT
cblr-2902	277	7	which	which	PRON
cblr-2902	277	8	permitted	permit	VERB
cblr-2902	277	9	creditors	creditor	NOUN
cblr-2902	277	10	to	to	PART
cblr-2902	277	11	set	set	VERB
cblr-2902	277	12	aside	aside	ADP
cblr-2902	277	13	transfers	transfer	NOUN
cblr-2902	277	14	made	make	VERB
cblr-2902	277	15	whether	whether	SCONJ
cblr-2902	277	16	it	it	PRON
cblr-2902	277	17	was	be	AUX
cblr-2902	277	18	reasonable	reasonable	ADJ
cblr-2902	277	19	and	and	CCONJ
cblr-2902	277	20	prudent	prudent	ADJ
cblr-2902	277	21	when	when	SCONJ
cblr-2902	277	22	made	make	VERB
cblr-2902	277	23	.	.	PUNCT
cblr-2902	277	24	'	'	PUNCT
cblr-2902	277	25	.	.	PUNCT
cblr-2902	278	1	.	.	PUNCT
cblr-2902	278	2	.	.	PUNCT
cblr-2902	279	1	'	'	PUNCT
cblr-2902	279	2	because	because	SCONJ
cblr-2902	279	3	projections	projection	NOUN
cblr-2902	279	4	tend	tend	VERB
cblr-2902	279	5	to	to	PART
cblr-2902	279	6	be	be	AUX
cblr-2902	279	7	optimistic	optimistic	ADJ
cblr-2902	279	8	,	,	PUNCT
cblr-2902	279	9	their	their	PRON
cblr-2902	279	10	reasonableness	reasonableness	NOUN
cblr-2902	279	11	must	must	AUX
cblr-2902	279	12	be	be	AUX
cblr-2902	279	13	tested	test	VERB
cblr-2902	279	14	by	by	ADP
cblr-2902	279	15	an	an	DET
cblr-2902	279	16	objective	objective	ADJ
cblr-2902	279	17	standard	standard	NOUN
cblr-2902	279	18	anchored	anchor	VERB
cblr-2902	279	19	in	in	ADP
cblr-2902	279	20	the	the	DET
cblr-2902	279	21	company	company	NOUN
cblr-2902	279	22	's	's	PART
cblr-2902	279	23	actual	actual	ADJ
cblr-2902	279	24	performance	performance	NOUN
cblr-2902	279	25	.	.	PUNCT
cblr-2902	280	1	"	"	PUNCT
cblr-2902	280	2	'	'	PUNCT
cblr-2902	280	3	)	)	PUNCT
cblr-2902	280	4	(	(	PUNCT
cblr-2902	280	5	quoting	quote	VERB
cblr-2902	280	6	credit	credit	NOUN
cblr-2902	280	7	managers	manager	NOUN
cblr-2902	280	8	,	,	PUNCT
cblr-2902	280	9	629	629	NUM
cblr-2902	280	10	f.	f.	PROPN
cblr-2902	280	11	supp	supp	PROPN
cblr-2902	280	12	.	.	PUNCT
cblr-2902	281	1	at	at	ADP
cblr-2902	281	2	184	184	NUM
cblr-2902	281	3	;	;	PUNCT
cblr-2902	281	4	moody	moody	PROPN
cblr-2902	281	5	v.	v.	PROPN
cblr-2902	281	6	sec	sec	PROPN
cblr-2902	281	7	.	.	PUNCT
cblr-2902	281	8	pac	pac	PROPN
cblr-2902	281	9	.	.	PROPN
cblr-2902	281	10	bus	bus	PROPN
cblr-2902	281	11	.	.	PUNCT
cblr-2902	282	1	credit	credit	NOUN
cblr-2902	282	2	,	,	PUNCT
cblr-2902	282	3	971	971	NUM
cblr-2902	282	4	f.2d	f.2d	NOUN
cblr-2902	282	5	1056	1056	NUM
cblr-2902	282	6	,	,	PUNCT
cblr-2902	282	7	1073	1073	NUM
cblr-2902	282	8	(	(	PUNCT
cblr-2902	282	9	3d	3d	NUM
cblr-2902	282	10	cir	cir	NOUN
cblr-2902	282	11	.	.	PROPN
cblr-2902	282	12	1992	1992	NUM
cblr-2902	282	13	)	)	PUNCT
cblr-2902	282	14	)	)	PUNCT
cblr-2902	282	15	.	.	PUNCT
cblr-2902	283	1	"	"	PUNCT
cblr-2902	283	2	see	see	VERB
cblr-2902	283	3	robert	robert	PROPN
cblr-2902	283	4	c.	c.	PROPN
cblr-2902	283	5	clark	clark	PROPN
cblr-2902	283	6	,	,	PUNCT
cblr-2902	283	7	the	the	DET
cblr-2902	283	8	duties	duty	NOUN
cblr-2902	283	9	of	of	ADP
cblr-2902	283	10	the	the	DET
cblr-2902	283	11	corporate	corporate	ADJ
cblr-2902	283	12	debtor	debtor	NOUN
cblr-2902	283	13	to	to	ADP
cblr-2902	283	14	its	its	PRON
cblr-2902	283	15	creditors	creditor	NOUN
cblr-2902	283	16	,	,	PUNCT
cblr-2902	283	17	90	90	NUM
cblr-2902	283	18	harv	harv	NOUN
cblr-2902	283	19	.	.	PUNCT
cblr-2902	284	1	l.	l.	PROPN
cblr-2902	284	2	rev	rev	PROPN
cblr-2902	284	3	.	.	PROPN
cblr-2902	284	4	505	505	NUM
cblr-2902	284	5	,	,	PUNCT
cblr-2902	284	6	544	544	NUM
cblr-2902	284	7	-	-	SYM
cblr-2902	284	8	60	60	NUM
cblr-2902	284	9	(	(	PUNCT
cblr-2902	284	10	1977	1977	NUM
cblr-2902	284	11	)	)	PUNCT
cblr-2902	284	12	;	;	PUNCT
cblr-2902	284	13	baird	baird	PROPN
cblr-2902	284	14	&	&	CCONJ
cblr-2902	284	15	jackson	jackson	PROPN
cblr-2902	284	16	,	,	PUNCT
cblr-2902	284	17	supra	supra	PROPN
cblr-2902	284	18	note	note	PROPN
cblr-2902	284	19	30	30	NUM
cblr-2902	284	20	,	,	PUNCT
cblr-2902	284	21	at	at	ADP
cblr-2902	284	22	829	829	NUM
cblr-2902	284	23	-	-	SYM
cblr-2902	284	24	30	30	NUM
cblr-2902	284	25	.	.	PUNCT
cblr-2902	285	1	135no	135no	NOUN
cblr-2902	285	2	.	.	PUNCT
cblr-2902	286	1	1	1	NUM
cblr-2902	286	2	:	:	SYM
cblr-2902	286	3	118]1	118]1	NUM
cblr-2902	286	4	leveraged	leverage	VERB
cblr-2902	286	5	buyout	buyout	NOUN
cblr-2902	286	6	bankruptcies	bankruptcy	NOUN
cblr-2902	286	7	with	with	ADP
cblr-2902	286	8	intent	intent	NOUN
cblr-2902	286	9	to	to	PART
cblr-2902	286	10	delay	delay	VERB
cblr-2902	286	11	,	,	PUNCT
cblr-2902	286	12	hinder	hinder	NOUN
cblr-2902	286	13	,	,	PUNCT
cblr-2902	286	14	or	or	CCONJ
cblr-2902	286	15	defraud	defraud	VERB
cblr-2902	286	16	creditors.3	creditors.3	PROPN
cblr-2902	286	17	8	8	NUM
cblr-2902	286	18	the	the	DET
cblr-2902	286	19	principal	principal	ADJ
cblr-2902	286	20	features	feature	NOUN
cblr-2902	286	21	of	of	ADP
cblr-2902	286	22	the	the	DET
cblr-2902	286	23	statute	statute	NOUN
cblr-2902	286	24	of	of	ADP
cblr-2902	286	25	elizabeth	elizabeth	PROPN
cblr-2902	286	26	are	be	AUX
cblr-2902	286	27	codified	codify	VERB
cblr-2902	286	28	in	in	ADP
cblr-2902	286	29	modern	modern	ADJ
cblr-2902	286	30	u.s	u.s	PROPN
cblr-2902	286	31	.	.	PROPN
cblr-2902	286	32	law	law	NOUN
cblr-2902	286	33	at	at	ADP
cblr-2902	286	34	both	both	CCONJ
cblr-2902	286	35	the	the	DET
cblr-2902	286	36	federal	federal	ADJ
cblr-2902	286	37	level	level	NOUN
cblr-2902	286	38	-	-	PUNCT
cblr-2902	286	39	in	in	ADP
cblr-2902	286	40	the	the	DET
cblr-2902	286	41	bankruptcy	bankruptcy	NOUN
cblr-2902	286	42	code	code	NOUN
cblr-2902	286	43	-	-	PUNCT
cblr-2902	286	44	and	and	CCONJ
cblr-2902	286	45	the	the	DET
cblr-2902	286	46	state	state	NOUN
cblr-2902	286	47	level	level	NOUN
cblr-2902	286	48	-	-	PUNCT
cblr-2902	286	49	in	in	ADP
cblr-2902	286	50	state	state	NOUN
cblr-2902	286	51	uniform	uniform	ADJ
cblr-2902	286	52	fraudulent	fraudulent	ADJ
cblr-2902	286	53	conveyance	conveyance	NOUN
cblr-2902	286	54	acts	act	NOUN
cblr-2902	286	55	(	(	PUNCT
cblr-2902	286	56	"	"	PUNCT
cblr-2902	286	57	jfca	jfca	PROPN
cblr-2902	286	58	"	"	PUNCT
cblr-2902	286	59	)	)	PUNCT
cblr-2902	286	60	and	and	CCONJ
cblr-2902	286	61	uniform	uniform	ADJ
cblr-2902	286	62	fraudulent	fraudulent	ADJ
cblr-2902	286	63	transfer	transfer	NOUN
cblr-2902	286	64	acts	act	NOUN
cblr-2902	286	65	(	(	PUNCT
cblr-2902	286	66	"	"	PUNCT
cblr-2902	286	67	ufta").39	ufta").39	PROPN
cblr-2902	286	68	these	these	DET
cblr-2902	286	69	statutes	statute	NOUN
cblr-2902	286	70	recapitulate	recapitulate	VERB
cblr-2902	286	71	the	the	DET
cblr-2902	286	72	historic	historic	ADJ
cblr-2902	286	73	purpose	purpose	NOUN
cblr-2902	286	74	of	of	ADP
cblr-2902	286	75	fraudulent	fraudulent	ADJ
cblr-2902	286	76	transfer	transfer	NOUN
cblr-2902	286	77	law	law	NOUN
cblr-2902	286	78	:	:	PUNCT
cblr-2902	286	79	avoiding	avoid	VERB
cblr-2902	286	80	transactions	transaction	NOUN
cblr-2902	286	81	involving	involve	VERB
cblr-2902	286	82	actual	actual	ADJ
cblr-2902	286	83	intent	intent	NOUN
cblr-2902	286	84	to	to	PART
cblr-2902	286	85	hinder	hinder	VERB
cblr-2902	286	86	,	,	PUNCT
cblr-2902	286	87	delay	delay	NOUN
cblr-2902	286	88	,	,	PUNCT
cblr-2902	286	89	or	or	CCONJ
cblr-2902	286	90	defraud	defraud	NOUN
cblr-2902	286	91	creditors.40	creditors.40	NOUN
cblr-2902	286	92	however	however	ADV
cblr-2902	286	93	,	,	PUNCT
cblr-2902	286	94	in	in	ADP
cblr-2902	286	95	the	the	DET
cblr-2902	286	96	united	united	PROPN
cblr-2902	286	97	states	states	PROPN
cblr-2902	286	98	,	,	PUNCT
cblr-2902	286	99	fraudulent	fraudulent	ADJ
cblr-2902	286	100	transfer	transfer	NOUN
cblr-2902	286	101	law	law	NOUN
cblr-2902	286	102	developed	develop	VERB
cblr-2902	286	103	from	from	ADP
cblr-2902	286	104	a	a	DET
cblr-2902	286	105	remedy	remedy	NOUN
cblr-2902	286	106	for	for	ADP
cblr-2902	286	107	a	a	DET
cblr-2902	286	108	specific	specific	ADJ
cblr-2902	286	109	type	type	NOUN
cblr-2902	286	110	of	of	ADP
cblr-2902	286	111	intentional	intentional	ADJ
cblr-2902	286	112	fraud	fraud	NOUN
cblr-2902	286	113	into	into	ADP
cblr-2902	286	114	a	a	DET
cblr-2902	286	115	robust	robust	ADJ
cblr-2902	286	116	regulatory	regulatory	ADJ
cblr-2902	286	117	mechanism	mechanism	NOUN
cblr-2902	286	118	through	through	ADP
cblr-2902	286	119	which	which	PRON
cblr-2902	286	120	courts	court	NOUN
cblr-2902	286	121	establish	establish	VERB
cblr-2902	286	122	capital	capital	NOUN
cblr-2902	286	123	adequacy	adequacy	NOUN
cblr-2902	286	124	standards	standard	NOUN
cblr-2902	286	125	for	for	ADP
cblr-2902	286	126	numerous	numerous	ADJ
cblr-2902	286	127	financial	financial	ADJ
cblr-2902	286	128	transactions.4	transactions.4	PROPN
cblr-2902	286	129	1	1	NUM
cblr-2902	286	130	expanding	expand	VERB
cblr-2902	286	131	upon	upon	SCONJ
cblr-2902	286	132	the	the	DET
cblr-2902	286	133	common	common	ADJ
cblr-2902	286	134	law	law	NOUN
cblr-2902	286	135	tradition	tradition	NOUN
cblr-2902	286	136	of	of	ADP
cblr-2902	286	137	"	"	PUNCT
cblr-2902	286	138	badges	badge	NOUN
cblr-2902	286	139	of	of	ADP
cblr-2902	286	140	fraud"-observable	fraud"-observable	ADJ
cblr-2902	286	141	indicia	indicia	NOUN
cblr-2902	286	142	of	of	ADP
cblr-2902	286	143	intent	intent	NOUN
cblr-2902	286	144	to	to	PART
cblr-2902	286	145	defraud	defraud	VERB
cblr-2902	286	146	articulated	articulate	VERB
cblr-2902	286	147	by	by	ADP
cblr-2902	286	148	bankruptcy	bankruptcy	NOUN
cblr-2902	286	149	judges4	judges4	NOUN
cblr-2902	287	1	2	2	NUM
cblr-2902	287	2	-	-	NUM
cblr-2902	287	3	the	the	DET
cblr-2902	287	4	bankruptcy	bankruptcy	NOUN
cblr-2902	287	5	code	code	PROPN
cblr-2902	287	6	,	,	PUNCT
cblr-2902	287	7	ufta	ufta	ADJ
cblr-2902	287	8	,	,	PUNCT
cblr-2902	287	9	and	and	CCONJ
cblr-2902	287	10	ufca	ufca	PROPN
cblr-2902	287	11	established	establish	VERB
cblr-2902	287	12	an	an	DET
cblr-2902	287	13	independent	independent	ADJ
cblr-2902	287	14	cause	cause	NOUN
cblr-2902	287	15	of	of	ADP
cblr-2902	287	16	action	action	NOUN
cblr-2902	287	17	called	call	VERB
cblr-2902	287	18	"	"	PUNCT
cblr-2902	287	19	constructive	constructive	ADJ
cblr-2902	287	20	fraud	fraud	NOUN
cblr-2902	287	21	"	"	PUNCT
cblr-2902	287	22	that	that	PRON
cblr-2902	287	23	enables	enable	VERB
cblr-2902	287	24	courts	court	NOUN
cblr-2902	287	25	to	to	PART
cblr-2902	287	26	void	void	VERB
cblr-2902	287	27	certain	certain	ADJ
cblr-2902	287	28	transfers	transfer	NOUN
cblr-2902	287	29	that	that	PRON
cblr-2902	287	30	were	be	AUX
cblr-2902	287	31	not	not	PART
cblr-2902	287	32	necessarily	necessarily	ADV
cblr-2902	287	33	made	make	VERB
cblr-2902	287	34	with	with	ADP
cblr-2902	287	35	"	"	PUNCT
cblr-2902	287	36	see	see	VERB
cblr-2902	287	37	eberhard	eberhard	NOUN
cblr-2902	287	38	v.	v.	ADP
cblr-2902	287	39	marcu	marcu	NOUN
cblr-2902	287	40	,	,	PUNCT
cblr-2902	287	41	530	530	NUM
cblr-2902	287	42	f.3d	f.3d	NUM
cblr-2902	287	43	122	122	NUM
cblr-2902	287	44	,	,	PUNCT
cblr-2902	287	45	130	130	NUM
cblr-2902	287	46	(	(	PUNCT
cblr-2902	287	47	2d	2d	NUM
cblr-2902	287	48	cir	cir	NOUN
cblr-2902	287	49	.	.	PROPN
cblr-2902	287	50	2008	2008	NUM
cblr-2902	287	51	)	)	PUNCT
cblr-2902	288	1	(	(	PUNCT
cblr-2902	288	2	quoting	quote	VERB
cblr-2902	288	3	statute	statute	NOUN
cblr-2902	288	4	of	of	ADP
cblr-2902	288	5	elizabeth	elizabeth	PROPN
cblr-2902	288	6	,	,	PUNCT
cblr-2902	288	7	1570	1570	NUM
cblr-2902	288	8	,	,	PUNCT
cblr-2902	288	9	13	13	NUM
cblr-2902	288	10	eliz	eliz	NOUN
cblr-2902	288	11	.	.	PUNCT
cblr-2902	289	1	,	,	PUNCT
cblr-2902	289	2	c.	c.	PROPN
cblr-2902	289	3	5	5	NUM
cblr-2902	289	4	,	,	PUNCT
cblr-2902	289	5	§	§	PROPN
cblr-2902	289	6	1	1	NUM
cblr-2902	289	7	(	(	PUNCT
cblr-2902	289	8	eng	eng	PROPN
cblr-2902	289	9	.	.	PROPN
cblr-2902	289	10	)	)	PUNCT
cblr-2902	289	11	)	)	PUNCT
cblr-2902	289	12	;	;	PUNCT
cblr-2902	289	13	markell	markell	PROPN
cblr-2902	289	14	,	,	PUNCT
cblr-2902	289	15	supra	supra	PROPN
cblr-2902	289	16	note	note	PROPN
cblr-2902	289	17	8	8	NUM
cblr-2902	289	18	,	,	PUNCT
cblr-2902	289	19	at	at	ADP
cblr-2902	289	20	472	472	NUM
cblr-2902	289	21	-	-	SYM
cblr-2902	289	22	73	73	NUM
cblr-2902	289	23	.	.	PUNCT
cblr-2902	290	1	39	39	NUM
cblr-2902	290	2	see	see	VERB
cblr-2902	290	3	11	11	NUM
cblr-2902	290	4	u.s.c	u.s.c	ADJ
cblr-2902	290	5	.	.	PUNCT
cblr-2902	291	1	§	§	PROPN
cblr-2902	291	2	548	548	NUM
cblr-2902	291	3	(	(	PUNCT
cblr-2902	291	4	2006	2006	NUM
cblr-2902	291	5	)	)	PUNCT
cblr-2902	291	6	;	;	PUNCT
cblr-2902	291	7	unif	unif	ADJ
cblr-2902	291	8	.	.	PUNCT
cblr-2902	292	1	fraudulent	fraudulent	ADJ
cblr-2902	292	2	conveyance	conveyance	NOUN
cblr-2902	292	3	act	act	NOUN
cblr-2902	292	4	§	§	PROPN
cblr-2902	292	5	4	4	NUM
cblr-2902	292	6	-	-	SYM
cblr-2902	292	7	6	6	NUM
cblr-2902	292	8	,	,	PUNCT
cblr-2902	292	9	7a	7a	NUM
cblr-2902	292	10	u.l.a	u.l.a	NOUN
cblr-2902	292	11	.	.	PUNCT
cblr-2902	292	12	205	205	NUM
cblr-2902	292	13	(	(	PUNCT
cblr-2902	292	14	2007	2007	NUM
cblr-2902	292	15	)	)	PUNCT
cblr-2902	293	1	[	[	X
cblr-2902	293	2	hereinafter	hereinafter	NOUN
cblr-2902	293	3	"	"	PUNCT
cblr-2902	293	4	ufca	ufca	ADJ
cblr-2902	293	5	"	"	PUNCT
cblr-2902	293	6	]	]	PUNCT
cblr-2902	293	7	;	;	PUNCT
cblr-2902	293	8	unif	unif	ADJ
cblr-2902	293	9	.	.	PUNCT
cblr-2902	294	1	fraudulent	fraudulent	ADJ
cblr-2902	294	2	transfer	transfer	NOUN
cblr-2902	294	3	act	act	NOUN
cblr-2902	294	4	§	§	PROPN
cblr-2902	294	5	4(a)(2	4(a)(2	PROPN
cblr-2902	294	6	)	)	PUNCT
cblr-2902	295	1	[	[	X
cblr-2902	295	2	hereinafter	hereinafter	NOUN
cblr-2902	295	3	"	"	PUNCT
cblr-2902	295	4	ufta	ufta	ADJ
cblr-2902	295	5	"	"	PUNCT
cblr-2902	295	6	]	]	X
cblr-2902	295	7	(	(	PUNCT
cblr-2902	295	8	permitting	permit	VERB
cblr-2902	295	9	creditors	creditor	NOUN
cblr-2902	295	10	to	to	PART
cblr-2902	295	11	set	set	VERB
cblr-2902	295	12	aside	aside	ADV
cblr-2902	295	13	as	as	ADV
cblr-2902	295	14	fraudulent	fraudulent	ADJ
cblr-2902	295	15	a	a	DET
cblr-2902	295	16	conveyance	conveyance	NOUN
cblr-2902	295	17	for	for	ADP
cblr-2902	295	18	which	which	PRON
cblr-2902	295	19	the	the	DET
cblr-2902	295	20	debtor	debtor	NOUN
cblr-2902	295	21	receives	receive	VERB
cblr-2902	295	22	less	less	ADJ
cblr-2902	295	23	than	than	ADP
cblr-2902	295	24	"	"	PUNCT
cblr-2902	295	25	reasonably	reasonably	ADV
cblr-2902	295	26	equivalent	equivalent	ADJ
cblr-2902	295	27	value	value	NOUN
cblr-2902	295	28	"	"	PUNCT
cblr-2902	295	29	)	)	PUNCT
cblr-2902	295	30	;	;	PUNCT
cblr-2902	295	31	11	11	NUM
cblr-2902	295	32	u.s.c	u.s.c	NOUN
cblr-2902	295	33	.	.	PUNCT
cblr-2902	296	1	§	§	PROPN
cblr-2902	296	2	548(a)(1)(a	548(a)(1)(a	PROPN
cblr-2902	296	3	)	)	PUNCT
cblr-2902	296	4	;	;	PUNCT
cblr-2902	296	5	jfca	jfca	PROPN
cblr-2902	296	6	§	§	PROPN
cblr-2902	296	7	7	7	NUM
cblr-2902	296	8	,	,	PUNCT
cblr-2902	296	9	7a	7a	NUM
cblr-2902	296	10	;	;	PUNCT
cblr-2902	296	11	ufta	ufta	PROPN
cblr-2902	296	12	§	§	PROPN
cblr-2902	296	13	4(a)(1	4(a)(1	NUM
cblr-2902	296	14	)	)	PUNCT
cblr-2902	296	15	(	(	PUNCT
cblr-2902	296	16	allowing	allow	VERB
cblr-2902	296	17	the	the	DET
cblr-2902	296	18	avoidance	avoidance	NOUN
cblr-2902	296	19	of	of	ADP
cblr-2902	296	20	transactions	transaction	NOUN
cblr-2902	296	21	involving	involve	VERB
cblr-2902	296	22	actual	actual	ADJ
cblr-2902	296	23	intent	intent	NOUN
cblr-2902	296	24	to	to	PART
cblr-2902	296	25	defraud	defraud	VERB
cblr-2902	296	26	creditors	creditor	NOUN
cblr-2902	296	27	)	)	PUNCT
cblr-2902	296	28	.	.	PUNCT
cblr-2902	297	1	40	40	NUM
cblr-2902	297	2	see	see	VERB
cblr-2902	297	3	11	11	NUM
cblr-2902	297	4	u.s.c	u.s.c	ADJ
cblr-2902	297	5	.	.	PUNCT
cblr-2902	298	1	§	§	PROPN
cblr-2902	298	2	548(a)(1)(a	548(a)(1)(a	NUM
cblr-2902	298	3	)	)	PUNCT
cblr-2902	298	4	(	(	PUNCT
cblr-2902	298	5	permitting	permit	VERB
cblr-2902	298	6	trustee	trustee	NOUN
cblr-2902	298	7	to	to	PART
cblr-2902	298	8	avoid	avoid	VERB
cblr-2902	298	9	any	any	DET
cblr-2902	298	10	transfer	transfer	NOUN
cblr-2902	298	11	made	make	VERB
cblr-2902	298	12	"	"	PUNCT
cblr-2902	298	13	with	with	ADP
cblr-2902	298	14	actual	actual	ADJ
cblr-2902	298	15	intent	intent	NOUN
cblr-2902	298	16	to	to	PART
cblr-2902	298	17	hinder	hinder	VERB
cblr-2902	298	18	,	,	PUNCT
cblr-2902	298	19	delay	delay	NOUN
cblr-2902	298	20	or	or	CCONJ
cblr-2902	298	21	defraud	defraud	NOUN
cblr-2902	298	22	"	"	PUNCT
cblr-2902	298	23	)	)	PUNCT
cblr-2902	298	24	;	;	PUNCT
cblr-2902	298	25	ufta	ufta	PROPN
cblr-2902	298	26	§	§	PROPN
cblr-2902	298	27	4(a)(1	4(a)(1	NUM
cblr-2902	298	28	)	)	PUNCT
cblr-2902	298	29	(	(	PUNCT
cblr-2902	298	30	declaring	declare	VERB
cblr-2902	298	31	transfers	transfer	NOUN
cblr-2902	298	32	made	make	VERB
cblr-2902	298	33	or	or	CCONJ
cblr-2902	298	34	obligations	obligation	NOUN
cblr-2902	298	35	incurred	incur	VERB
cblr-2902	298	36	to	to	PART
cblr-2902	298	37	be	be	AUX
cblr-2902	298	38	fraudulent	fraudulent	ADJ
cblr-2902	298	39	if	if	SCONJ
cblr-2902	298	40	made	make	VERB
cblr-2902	298	41	"	"	PUNCT
cblr-2902	298	42	with	with	ADP
cblr-2902	298	43	actual	actual	ADJ
cblr-2902	298	44	intent	intent	NOUN
cblr-2902	298	45	to	to	PART
cblr-2902	298	46	hinder	hinder	VERB
cblr-2902	298	47	,	,	PUNCT
cblr-2902	298	48	delay	delay	NOUN
cblr-2902	298	49	,	,	PUNCT
cblr-2902	298	50	or	or	CCONJ
cblr-2902	298	51	defraud	defraud	NOUN
cblr-2902	298	52	"	"	PUNCT
cblr-2902	298	53	)	)	PUNCT
cblr-2902	298	54	;	;	PUNCT
cblr-2902	298	55	ufca	ufca	PROPN
cblr-2902	298	56	§	§	PROPN
cblr-2902	298	57	7	7	NUM
cblr-2902	298	58	,	,	PUNCT
cblr-2902	298	59	7a	7a	NUM
cblr-2902	298	60	(	(	PUNCT
cblr-2902	298	61	"	"	PUNCT
cblr-2902	298	62	[	[	X
cblr-2902	298	63	conveying	conveying	NOUN
cblr-2902	298	64	]	]	PUNCT
cblr-2902	298	65	with	with	ADP
cblr-2902	298	66	actual	actual	ADJ
cblr-2902	298	67	intent	intent	NOUN
cblr-2902	298	68	.	.	PUNCT
cblr-2902	298	69	.	.	PUNCT
cblr-2902	299	1	.	.	PUNCT
cblr-2902	300	1	to	to	PART
cblr-2902	300	2	hinder	hinder	VERB
cblr-2902	300	3	,	,	PUNCT
cblr-2902	300	4	delay	delay	NOUN
cblr-2902	300	5	,	,	PUNCT
cblr-2902	300	6	or	or	CCONJ
cblr-2902	300	7	defraud	defraud	VERB
cblr-2902	300	8	either	either	CCONJ
cblr-2902	300	9	present	present	ADJ
cblr-2902	300	10	or	or	CCONJ
cblr-2902	300	11	future	future	ADJ
cblr-2902	300	12	creditors	creditor	NOUN
cblr-2902	300	13	.	.	PUNCT
cblr-2902	300	14	.	.	PUNCT
cblr-2902	301	1	.	.	PUNCT
cblr-2902	302	1	is	be	AUX
cblr-2902	302	2	fraudulent	fraudulent	ADJ
cblr-2902	302	3	as	as	ADP
cblr-2902	302	4	to	to	ADP
cblr-2902	302	5	both	both	CCONJ
cblr-2902	302	6	present	present	ADJ
cblr-2902	302	7	and	and	CCONJ
cblr-2902	302	8	future	future	ADJ
cblr-2902	302	9	creditors	creditor	NOUN
cblr-2902	302	10	.	.	PUNCT
cblr-2902	303	1	"	"	PUNCT
cblr-2902	303	2	)	)	PUNCT
cblr-2902	303	3	.	.	PUNCT
cblr-2902	304	1	41	41	NUM
cblr-2902	304	2	see	see	VERB
cblr-2902	304	3	baird	baird	PROPN
cblr-2902	304	4	,	,	PUNCT
cblr-2902	304	5	supra	supra	PROPN
cblr-2902	304	6	note	note	NOUN
cblr-2902	304	7	8	8	NUM
cblr-2902	304	8	,	,	PUNCT
cblr-2902	304	9	at	at	ADP
cblr-2902	304	10	201	201	NUM
cblr-2902	304	11	-	-	SYM
cblr-2902	304	12	02	02	NUM
cblr-2902	304	13	;	;	PUNCT
cblr-2902	304	14	markell	markell	NOUN
cblr-2902	304	15	,	,	PUNCT
cblr-2902	304	16	supra	supra	PROPN
cblr-2902	304	17	note	note	PROPN
cblr-2902	304	18	8	8	NUM
cblr-2902	304	19	,	,	PUNCT
cblr-2902	304	20	at	at	ADP
cblr-2902	304	21	46970	46970	NUM
cblr-2902	304	22	;	;	PUNCT
cblr-2902	304	23	zaretsky	zaretsky	PROPN
cblr-2902	304	24	,	,	PUNCT
cblr-2902	304	25	supra	supra	PROPN
cblr-2902	304	26	note	note	PROPN
cblr-2902	304	27	21	21	NUM
cblr-2902	304	28	,	,	PUNCT
cblr-2902	304	29	at	at	ADP
cblr-2902	304	30	1166	1166	NUM
cblr-2902	304	31	.	.	PUNCT
cblr-2902	305	1	42	42	NUM
cblr-2902	305	2	see	see	VERB
cblr-2902	305	3	baird	baird	PROPN
cblr-2902	305	4	,	,	PUNCT
cblr-2902	305	5	supra	supra	PROPN
cblr-2902	305	6	note	note	NOUN
cblr-2902	305	7	8	8	NUM
cblr-2902	305	8	,	,	PUNCT
cblr-2902	305	9	at	at	ADP
cblr-2902	305	10	201	201	NUM
cblr-2902	305	11	;	;	PUNCT
cblr-2902	305	12	bruce	bruce	PROPN
cblr-2902	305	13	a.	a.	NOUN
cblr-2902	305	14	markell	markell	PROPN
cblr-2902	305	15	,	,	PUNCT
cblr-2902	305	16	following	follow	VERB
cblr-2902	305	17	zaretsky	zaretsky	NOUN
cblr-2902	305	18	:	:	PUNCT
cblr-2902	305	19	fraudulent	fraudulent	ADJ
cblr-2902	305	20	transfers	transfer	NOUN
cblr-2902	305	21	and	and	CCONJ
cblr-2902	305	22	unfair	unfair	ADJ
cblr-2902	305	23	risk	risk	NOUN
cblr-2902	305	24	,	,	PUNCT
cblr-2902	305	25	75	75	NUM
cblr-2902	305	26	am	am	NOUN
cblr-2902	305	27	.	.	PUNCT
cblr-2902	306	1	bankr	bankr	PROPN
cblr-2902	306	2	.	.	PUNCT
cblr-2902	307	1	l.j	l.j	PROPN
cblr-2902	307	2	.	.	PROPN
cblr-2902	307	3	317	317	NUM
cblr-2902	307	4	,	,	PUNCT
cblr-2902	307	5	322	322	NUM
cblr-2902	307	6	-	-	SYM
cblr-2902	307	7	23	23	NUM
cblr-2902	307	8	(	(	PUNCT
cblr-2902	307	9	2001	2001	NUM
cblr-2902	307	10	)	)	PUNCT
cblr-2902	307	11	;	;	PUNCT
cblr-2902	307	12	zaretsky	zaretsky	PROPN
cblr-2902	307	13	,	,	PUNCT
cblr-2902	307	14	supra	supra	PROPN
cblr-2902	307	15	note	note	PROPN
cblr-2902	307	16	21	21	NUM
cblr-2902	307	17	,	,	PUNCT
cblr-2902	307	18	at	at	ADP
cblr-2902	307	19	1172	1172	NUM
cblr-2902	307	20	.	.	PUNCT
cblr-2902	308	1	columbia	columbia	PROPN
cblr-2902	308	2	business	business	PROPN
cblr-2902	308	3	la	la	PROPN
cblr-2902	308	4	wreview	wreview	VERB
cblr-2902	309	1	[	[	X
cblr-2902	309	2	vol	vol	NOUN
cblr-2902	309	3	.	.	PUNCT
cblr-2902	310	1	2011136	2011136	NUM
cblr-2902	310	2	fraudulent	fraudulent	ADJ
cblr-2902	310	3	intent	intent	NOUN
cblr-2902	310	4	,	,	PUNCT
cblr-2902	310	5	but	but	CCONJ
cblr-2902	310	6	nevertheless	nevertheless	ADV
cblr-2902	310	7	depleted	deplete	VERB
cblr-2902	310	8	the	the	DET
cblr-2902	310	9	debtor	debtor	NOUN
cblr-2902	310	10	's	's	PART
cblr-2902	310	11	estate	estate	NOUN
cblr-2902	310	12	to	to	ADP
cblr-2902	310	13	the	the	DET
cblr-2902	310	14	detriment	detriment	NOUN
cblr-2902	310	15	of	of	ADP
cblr-2902	310	16	its	its	PRON
cblr-2902	310	17	creditors.4	creditors.4	PROPN
cblr-2902	310	18	3	3	NUM
cblr-2902	310	19	b.	b.	NOUN
cblr-2902	310	20	the	the	DET
cblr-2902	310	21	badges	badge	NOUN
cblr-2902	310	22	of	of	ADP
cblr-2902	310	23	fraud	fraud	NOUN
cblr-2902	310	24	system	system	NOUN
cblr-2902	310	25	was	be	AUX
cblr-2902	310	26	plagued	plague	VERB
cblr-2902	310	27	by	by	ADP
cblr-2902	310	28	inconsistency	inconsistency	NOUN
cblr-2902	310	29	and	and	CCONJ
cblr-2902	310	30	uncertainty	uncertainty	NOUN
cblr-2902	310	31	prior	prior	ADV
cblr-2902	310	32	to	to	ADP
cblr-2902	310	33	codification	codification	NOUN
cblr-2902	310	34	through	through	ADP
cblr-2902	310	35	constructive	constructive	ADJ
cblr-2902	310	36	fraud	fraud	NOUN
cblr-2902	310	37	statutes	statute	NOUN
cblr-2902	310	38	,	,	PUNCT
cblr-2902	310	39	fraudulent	fraudulent	ADJ
cblr-2902	310	40	conveyance	conveyance	NOUN
cblr-2902	310	41	jurisprudence	jurisprudence	NOUN
cblr-2902	310	42	based	base	VERB
cblr-2902	310	43	on	on	ADP
cblr-2902	310	44	"	"	PUNCT
cblr-2902	310	45	badges	badge	NOUN
cblr-2902	310	46	of	of	ADP
cblr-2902	310	47	fraud	fraud	NOUN
cblr-2902	310	48	"	"	PUNCT
cblr-2902	310	49	suffered	suffer	VERB
cblr-2902	310	50	from	from	ADP
cblr-2902	310	51	two	two	NUM
cblr-2902	310	52	major	major	ADJ
cblr-2902	310	53	defects	defect	NOUN
cblr-2902	310	54	.	.	PUNCT
cblr-2902	311	1	the	the	DET
cblr-2902	311	2	first	first	ADJ
cblr-2902	311	3	defect	defect	NOUN
cblr-2902	311	4	was	be	AUX
cblr-2902	311	5	the	the	DET
cblr-2902	311	6	considerable	considerable	ADJ
cblr-2902	311	7	uncertainty	uncertainty	NOUN
cblr-2902	311	8	regarding	regard	VERB
cblr-2902	311	9	the	the	DET
cblr-2902	311	10	precise	precise	ADJ
cblr-2902	311	11	combination	combination	NOUN
cblr-2902	311	12	of	of	ADP
cblr-2902	311	13	badges	badge	NOUN
cblr-2902	311	14	of	of	ADP
cblr-2902	311	15	fraud	fraud	NOUN
cblr-2902	311	16	that	that	PRON
cblr-2902	311	17	constituted	constitute	VERB
cblr-2902	311	18	fraudulent	fraudulent	ADJ
cblr-2902	311	19	intent	intent	NOUN
cblr-2902	311	20	.	.	PUNCT
cblr-2902	311	21	"	"	PUNCT
cblr-2902	312	1	the	the	DET
cblr-2902	312	2	second	second	ADJ
cblr-2902	312	3	defect	defect	NOUN
cblr-2902	312	4	was	be	AUX
cblr-2902	312	5	the	the	DET
cblr-2902	312	6	uncertainty	uncertainty	NOUN
cblr-2902	312	7	concerning	concern	VERB
cblr-2902	312	8	the	the	DET
cblr-2902	312	9	extent	extent	NOUN
cblr-2902	312	10	to	to	PART
cblr-2902	312	11	which	which	PRON
cblr-2902	312	12	the	the	DET
cblr-2902	312	13	owner	owner	NOUN
cblr-2902	312	14	of	of	ADP
cblr-2902	312	15	a	a	DET
cblr-2902	312	16	business	business	NOUN
cblr-2902	312	17	could	could	AUX
cblr-2902	312	18	legitimately	legitimately	ADV
cblr-2902	312	19	limit	limit	VERB
cblr-2902	312	20	his	his	PRON
cblr-2902	312	21	risk	risk	NOUN
cblr-2902	312	22	of	of	ADP
cblr-2902	312	23	loss	loss	NOUN
cblr-2902	312	24	in	in	ADP
cblr-2902	312	25	the	the	DET
cblr-2902	312	26	event	event	NOUN
cblr-2902	312	27	that	that	PRON
cblr-2902	312	28	the	the	DET
cblr-2902	312	29	business	business	NOUN
cblr-2902	312	30	failed	fail	VERB
cblr-2902	312	31	by	by	ADP
cblr-2902	312	32	shifting	shift	VERB
cblr-2902	312	33	risk	risk	NOUN
cblr-2902	312	34	to	to	ADP
cblr-2902	312	35	creditors	creditor	NOUN
cblr-2902	312	36	.	.	PUNCT
cblr-2902	313	1	many	many	ADJ
cblr-2902	313	2	badges	badge	NOUN
cblr-2902	313	3	of	of	ADP
cblr-2902	313	4	fraud	fraud	NOUN
cblr-2902	313	5	related	relate	VERB
cblr-2902	313	6	to	to	ADP
cblr-2902	313	7	efforts	effort	NOUN
cblr-2902	313	8	by	by	ADP
cblr-2902	313	9	an	an	DET
cblr-2902	313	10	owner	owner	NOUN
cblr-2902	313	11	to	to	PART
cblr-2902	313	12	shield	shield	VERB
cblr-2902	313	13	his	his	PRON
cblr-2902	313	14	assets	asset	NOUN
cblr-2902	313	15	from	from	ADP
cblr-2902	313	16	loss.45	loss.45	VERB
cblr-2902	313	17	in	in	ADP
cblr-2902	313	18	applying	apply	VERB
cblr-2902	313	19	these	these	DET
cblr-2902	313	20	badges	badge	NOUN
cblr-2902	313	21	of	of	ADP
cblr-2902	313	22	fraud	fraud	NOUN
cblr-2902	313	23	,	,	PUNCT
cblr-2902	313	24	the	the	DET
cblr-2902	313	25	courts	court	NOUN
cblr-2902	313	26	struggled	struggle	VERB
cblr-2902	313	27	with	with	ADP
cblr-2902	313	28	drawing	draw	VERB
cblr-2902	313	29	a	a	DET
cblr-2902	313	30	line	line	NOUN
cblr-2902	313	31	between	between	ADP
cblr-2902	313	32	permissible	permissible	ADJ
cblr-2902	313	33	business	business	NOUN
cblr-2902	313	34	'	'	PUNCT
cblr-2902	313	35	zaretsky	zaretsky	PROPN
cblr-2902	313	36	,	,	PUNCT
cblr-2902	313	37	supra	supra	PROPN
cblr-2902	313	38	note	note	PROPN
cblr-2902	313	39	21	21	NUM
cblr-2902	313	40	,	,	PUNCT
cblr-2902	313	41	at	at	ADP
cblr-2902	313	42	1166	1166	NUM
cblr-2902	313	43	.	.	PUNCT
cblr-2902	314	1	"	"	PUNCT
cblr-2902	315	1	3	3	NUM
cblr-2902	315	2	collier	collier	NOUN
cblr-2902	315	3	on	on	ADP
cblr-2902	315	4	bankruptcy	bankruptcy	NOUN
cblr-2902	315	5	548.04[2	548.04[2	NUM
cblr-2902	315	6	]	]	PUNCT
cblr-2902	316	1	[	[	X
cblr-2902	316	2	b	b	X
cblr-2902	316	3	]	]	X
cblr-2902	316	4	(	(	PUNCT
cblr-2902	316	5	alan	alan	PROPN
cblr-2902	316	6	n.	n.	PROPN
cblr-2902	316	7	resnick	resnick	PROPN
cblr-2902	316	8	&	&	CCONJ
cblr-2902	316	9	henry	henry	PROPN
cblr-2902	316	10	j.	j.	PROPN
cblr-2902	316	11	sommer	sommer	PROPN
cblr-2902	316	12	eds	eds	PROPN
cblr-2902	316	13	.	.	PROPN
cblr-2902	316	14	,	,	PUNCT
cblr-2902	316	15	15th	15th	ADJ
cblr-2902	316	16	ed	ed	NOUN
cblr-2902	316	17	.	.	PUNCT
cblr-2902	316	18	rev	rev	PROPN
cblr-2902	316	19	.	.	PUNCT
cblr-2902	316	20	)	)	PUNCT
cblr-2902	317	1	[	[	X
cblr-2902	317	2	hereinafter	hereinafter	NOUN
cblr-2902	317	3	collier	collier	NOUN
cblr-2902	317	4	on	on	ADP
cblr-2902	317	5	bankruptcy	bankruptcy	NOUN
cblr-2902	317	6	]	]	PUNCT
cblr-2902	317	7	(	(	PUNCT
cblr-2902	317	8	citing	cite	VERB
cblr-2902	317	9	brown	brown	PROPN
cblr-2902	317	10	v.	v.	ADP
cblr-2902	317	11	third	third	ADJ
cblr-2902	317	12	nat'l	nat'l	PROPN
cblr-2902	317	13	bank	bank	NOUN
cblr-2902	317	14	(	(	PUNCT
cblr-2902	317	15	in	in	ADP
cblr-2902	317	16	re	re	PROPN
cblr-2902	317	17	sherman	sherman	PROPN
cblr-2902	317	18	)	)	PUNCT
cblr-2902	317	19	,	,	PUNCT
cblr-2902	317	20	67	67	NUM
cblr-2902	317	21	f.3d	f.3d	NUM
cblr-2902	317	22	1348	1348	NUM
cblr-2902	317	23	,	,	PUNCT
cblr-2902	317	24	1254	1254	NUM
cblr-2902	317	25	(	(	PUNCT
cblr-2902	317	26	8th	8th	ADJ
cblr-2902	317	27	cir	cir	NOUN
cblr-2902	317	28	.	.	PROPN
cblr-2902	317	29	1995	1995	NUM
cblr-2902	317	30	)	)	PUNCT
cblr-2902	317	31	)	)	PUNCT
cblr-2902	317	32	;	;	PUNCT
cblr-2902	317	33	williamson	williamson	PROPN
cblr-2902	317	34	v.	v.	PROPN
cblr-2902	317	35	bender	bender	PROPN
cblr-2902	317	36	,	,	PUNCT
cblr-2902	317	37	147	147	NUM
cblr-2902	317	38	a.	a.	NOUN
cblr-2902	317	39	858	858	NUM
cblr-2902	317	40	(	(	PUNCT
cblr-2902	317	41	n.j	n.j	PROPN
cblr-2902	317	42	.	.	PROPN
cblr-2902	317	43	ch	ch	PROPN
cblr-2902	317	44	.	.	PROPN
cblr-2902	317	45	1929	1929	NUM
cblr-2902	317	46	)	)	PUNCT
cblr-2902	317	47	,	,	PUNCT
cblr-2902	317	48	affd	affd	PROPN
cblr-2902	317	49	,	,	PUNCT
cblr-2902	317	50	153	153	NUM
cblr-2902	317	51	a.	a.	NOUN
cblr-2902	317	52	376	376	NUM
cblr-2902	317	53	(	(	PUNCT
cblr-2902	317	54	n.j	n.j	PROPN
cblr-2902	317	55	.	.	PROPN
cblr-2902	317	56	1931	1931	NUM
cblr-2902	317	57	)	)	PUNCT
cblr-2902	317	58	;	;	PUNCT
cblr-2902	317	59	unger	unger	PROPN
cblr-2902	317	60	v.	v.	ADP
cblr-2902	317	61	mayer	mayer	PROPN
cblr-2902	317	62	,	,	PUNCT
cblr-2902	317	63	147	147	NUM
cblr-2902	317	64	a.	a.	NOUN
cblr-2902	317	65	509	509	NUM
cblr-2902	317	66	(	(	PUNCT
cblr-2902	317	67	n.j	n.j	PROPN
cblr-2902	317	68	.	.	PROPN
cblr-2902	317	69	ch	ch	PROPN
cblr-2902	317	70	.	.	PROPN
cblr-2902	317	71	1929	1929	NUM
cblr-2902	317	72	)	)	PUNCT
cblr-2902	317	73	,	,	PUNCT
cblr-2902	317	74	affd	affd	PROPN
cblr-2902	317	75	,	,	PUNCT
cblr-2902	317	76	151	151	NUM
cblr-2902	317	77	a.	a.	NOUN
cblr-2902	317	78	907	907	NUM
cblr-2902	317	79	(	(	PUNCT
cblr-2902	317	80	n.j	n.j	PROPN
cblr-2902	317	81	.	.	PROPN
cblr-2902	317	82	1930	1930	NUM
cblr-2902	317	83	)	)	PUNCT
cblr-2902	317	84	;	;	PUNCT
cblr-2902	317	85	vail	vail	PROPN
cblr-2902	317	86	v.	v.	PROPN
cblr-2902	317	87	diamond	diamond	NOUN
cblr-2902	317	88	,	,	PUNCT
cblr-2902	317	89	135	135	NUM
cblr-2902	317	90	a.	a.	NOUN
cblr-2902	317	91	791	791	NUM
cblr-2902	317	92	(	(	PUNCT
cblr-2902	317	93	n.j	n.j	PROPN
cblr-2902	317	94	.	.	PROPN
cblr-2902	317	95	ch	ch	PROPN
cblr-2902	317	96	.	.	PROPN
cblr-2902	317	97	1927	1927	NUM
cblr-2902	317	98	)	)	PUNCT
cblr-2902	317	99	;	;	PUNCT
cblr-2902	317	100	horton	horton	PROPN
cblr-2902	317	101	v.	v.	PROPN
cblr-2902	317	102	bamford	bamford	PROPN
cblr-2902	317	103	,	,	PUNCT
cblr-2902	317	104	81	81	NUM
cblr-2902	317	105	a.	a.	NOUN
cblr-2902	317	106	761	761	NUM
cblr-2902	317	107	(	(	PUNCT
cblr-2902	317	108	n.j	n.j	PROPN
cblr-2902	317	109	.	.	PROPN
cblr-2902	317	110	ch	ch	PROPN
cblr-2902	317	111	.	.	PROPN
cblr-2902	317	112	1911	1911	NUM
cblr-2902	317	113	)	)	PUNCT
cblr-2902	317	114	)	)	PUNCT
cblr-2902	317	115	;	;	PUNCT
cblr-2902	317	116	markell	markell	PROPN
cblr-2902	317	117	,	,	PUNCT
cblr-2902	317	118	supra	supra	PROPN
cblr-2902	317	119	note	note	PROPN
cblr-2902	317	120	8	8	NUM
cblr-2902	317	121	,	,	PUNCT
cblr-2902	317	122	at	at	ADP
cblr-2902	317	123	474	474	NUM
cblr-2902	317	124	-	-	SYM
cblr-2902	317	125	78	78	NUM
cblr-2902	317	126	,	,	PUNCT
cblr-2902	317	127	482	482	NUM
cblr-2902	317	128	;	;	PUNCT
cblr-2902	317	129	markell	markell	NOUN
cblr-2902	317	130	,	,	PUNCT
cblr-2902	317	131	supra	supra	PROPN
cblr-2902	317	132	note	note	PROPN
cblr-2902	317	133	42	42	NUM
cblr-2902	317	134	,	,	PUNCT
cblr-2902	317	135	at	at	ADP
cblr-2902	317	136	324	324	NUM
cblr-2902	317	137	;	;	PUNCT
cblr-2902	317	138	see	see	VERB
cblr-2902	317	139	also	also	ADV
cblr-2902	317	140	peter	peter	PROPN
cblr-2902	317	141	a.	a.	PROPN
cblr-2902	317	142	alces	alces	PROPN
cblr-2902	317	143	&	&	CCONJ
cblr-2902	317	144	luther	luther	PROPN
cblr-2902	317	145	m.	m.	PROPN
cblr-2902	317	146	dorr	dorr	PROPN
cblr-2902	317	147	,	,	PUNCT
cblr-2902	317	148	jr	jr	PROPN
cblr-2902	317	149	.	.	PROPN
cblr-2902	317	150	,	,	PUNCT
cblr-2902	317	151	a	a	DET
cblr-2902	317	152	critical	critical	ADJ
cblr-2902	317	153	analysis	analysis	NOUN
cblr-2902	317	154	of	of	ADP
cblr-2902	317	155	the	the	DET
cblr-2902	317	156	new	new	ADJ
cblr-2902	317	157	uniform	uniform	ADJ
cblr-2902	317	158	fraudulent	fraudulent	ADJ
cblr-2902	317	159	transfer	transfer	NOUN
cblr-2902	317	160	act	act	NOUN
cblr-2902	317	161	,	,	PUNCT
cblr-2902	317	162	1985	1985	NUM
cblr-2902	317	163	u.	u.	PROPN
cblr-2902	317	164	ill	ill	PROPN
cblr-2902	317	165	.	.	PUNCT
cblr-2902	318	1	l.	l.	PROPN
cblr-2902	318	2	rev	rev	PROPN
cblr-2902	318	3	.	.	PROPN
cblr-2902	319	1	527	527	NUM
cblr-2902	319	2	,	,	PUNCT
cblr-2902	319	3	527	527	NUM
cblr-2902	319	4	(	(	PUNCT
cblr-2902	319	5	1985	1985	NUM
cblr-2902	319	6	)	)	PUNCT
cblr-2902	319	7	(	(	PUNCT
cblr-2902	319	8	noting	note	VERB
cblr-2902	319	9	that	that	SCONJ
cblr-2902	319	10	there	there	PRON
cblr-2902	319	11	were	be	VERB
cblr-2902	319	12	fundamental	fundamental	ADJ
cblr-2902	319	13	differences	difference	NOUN
cblr-2902	319	14	between	between	ADP
cblr-2902	319	15	states	state	NOUN
cblr-2902	319	16	as	as	ADP
cblr-2902	319	17	to	to	ADP
cblr-2902	319	18	the	the	DET
cblr-2902	319	19	proper	proper	ADJ
cblr-2902	319	20	effect	effect	NOUN
cblr-2902	319	21	and	and	CCONJ
cblr-2902	319	22	conclusiveness	conclusiveness	NOUN
cblr-2902	319	23	of	of	ADP
cblr-2902	319	24	the	the	DET
cblr-2902	319	25	insolvency	insolvency	NOUN
cblr-2902	319	26	badge	badge	NOUN
cblr-2902	319	27	)	)	PUNCT
cblr-2902	319	28	.	.	PUNCT
cblr-2902	320	1	4	4	NUM
cblr-2902	320	2	see	see	VERB
cblr-2902	320	3	,	,	PUNCT
cblr-2902	320	4	e.g.	e.g.	ADV
cblr-2902	320	5	,	,	PUNCT
cblr-2902	320	6	hagerman	hagerman	PROPN
cblr-2902	320	7	v.	v.	PROPN
cblr-2902	320	8	buchanan	buchanan	PROPN
cblr-2902	320	9	,	,	PUNCT
cblr-2902	320	10	17	17	NUM
cblr-2902	320	11	a.	a.	NOUN
cblr-2902	320	12	946	946	NUM
cblr-2902	320	13	(	(	PUNCT
cblr-2902	320	14	n.j	n.j	PROPN
cblr-2902	320	15	.	.	PROPN
cblr-2902	320	16	1889	1889	NUM
cblr-2902	320	17	)	)	PUNCT
cblr-2902	320	18	;	;	PUNCT
cblr-2902	320	19	mackay	mackay	PROPN
cblr-2902	320	20	v.	v.	PROPN
cblr-2902	320	21	douglas	douglas	PROPN
cblr-2902	320	22	,	,	PUNCT
cblr-2902	320	23	14	14	NUM
cblr-2902	320	24	l.r	l.r	NOUN
cblr-2902	320	25	.	.	PROPN
cblr-2902	321	1	eq	eq	PROPN
cblr-2902	321	2	.	.	PROPN
cblr-2902	321	3	106	106	NUM
cblr-2902	321	4	;	;	PUNCT
cblr-2902	321	5	john	john	PROPN
cblr-2902	321	6	e.	e.	PROPN
cblr-2902	321	7	sullivan	sullivan	PROPN
cblr-2902	321	8	iii	iii	PROPN
cblr-2902	321	9	,	,	PUNCT
cblr-2902	321	10	future	future	ADJ
cblr-2902	321	11	creditors	creditor	NOUN
cblr-2902	321	12	and	and	CCONJ
cblr-2902	321	13	fraudulent	fraudulent	ADJ
cblr-2902	321	14	transfers	transfer	NOUN
cblr-2902	321	15	:	:	PUNCT
cblr-2902	321	16	when	when	SCONJ
cblr-2902	321	17	a	a	DET
cblr-2902	321	18	claimant	claimant	NOUN
cblr-2902	321	19	does	do	AUX
cblr-2902	321	20	n't	not	PART
cblr-2902	321	21	have	have	VERB
cblr-2902	321	22	a	a	DET
cblr-2902	321	23	claim	claim	NOUN
cblr-2902	321	24	,	,	PUNCT
cblr-2902	321	25	when	when	SCONJ
cblr-2902	321	26	a	a	DET
cblr-2902	321	27	transfer	transfer	NOUN
cblr-2902	321	28	is	be	AUX
cblr-2902	321	29	n't	not	PART
cblr-2902	321	30	a	a	DET
cblr-2902	321	31	transfer	transfer	NOUN
cblr-2902	321	32	,	,	PUNCT
cblr-2902	321	33	when	when	SCONJ
cblr-2902	321	34	fraud	fraud	NOUN
cblr-2902	321	35	does	do	AUX
cblr-2902	321	36	n't	not	PART
cblr-2902	321	37	stay	stay	VERB
cblr-2902	321	38	fraudulent	fraudulent	ADJ
cblr-2902	321	39	,	,	PUNCT
cblr-2902	321	40	and	and	CCONJ
cblr-2902	321	41	other	other	ADJ
cblr-2902	321	42	important	important	ADJ
cblr-2902	321	43	limits	limit	NOUN
cblr-2902	321	44	to	to	ADP
cblr-2902	321	45	fraudulent	fraudulent	ADJ
cblr-2902	321	46	transfers	transfer	NOUN
cblr-2902	321	47	law	law	NOUN
cblr-2902	321	48	for	for	ADP
cblr-2902	321	49	the	the	DET
cblr-2902	321	50	asset	asset	NOUN
cblr-2902	321	51	protection	protection	NOUN
cblr-2902	321	52	planner	planner	NOUN
cblr-2902	321	53	,	,	PUNCT
cblr-2902	321	54	22	22	NUM
cblr-2902	321	55	del	del	PROPN
cblr-2902	321	56	.	.	PROPN
cblr-2902	321	57	j.	j.	PROPN
cblr-2902	321	58	corp	corp	PROPN
cblr-2902	321	59	.	.	PROPN
cblr-2902	321	60	l.	l.	PROPN
cblr-2902	321	61	1015	1015	NUM
cblr-2902	321	62	(	(	PUNCT
cblr-2902	321	63	1997	1997	NUM
cblr-2902	321	64	)	)	PUNCT
cblr-2902	321	65	;	;	PUNCT
cblr-2902	321	66	markell	markell	NOUN
cblr-2902	321	67	,	,	PUNCT
cblr-2902	321	68	supra	supra	PROPN
cblr-2902	321	69	note	note	PROPN
cblr-2902	321	70	8	8	NUM
cblr-2902	321	71	,	,	PUNCT
cblr-2902	321	72	at	at	ADP
cblr-2902	321	73	476	476	NUM
cblr-2902	321	74	-	-	SYM
cblr-2902	321	75	78	78	NUM
cblr-2902	321	76	(	(	PUNCT
cblr-2902	321	77	noting	note	VERB
cblr-2902	321	78	that	that	SCONJ
cblr-2902	321	79	badges	badge	NOUN
cblr-2902	321	80	of	of	ADP
cblr-2902	321	81	fraud	fraud	NOUN
cblr-2902	321	82	included	include	VERB
cblr-2902	321	83	shifting	shift	VERB
cblr-2902	321	84	onto	onto	ADP
cblr-2902	321	85	creditors	creditor	NOUN
cblr-2902	321	86	the	the	DET
cblr-2902	321	87	risk	risk	NOUN
cblr-2902	321	88	of	of	ADP
cblr-2902	321	89	liquidating	liquidate	VERB
cblr-2902	321	90	assets	asset	NOUN
cblr-2902	321	91	into	into	ADP
cblr-2902	321	92	cash	cash	NOUN
cblr-2902	321	93	,	,	PUNCT
cblr-2902	321	94	or	or	CCONJ
cblr-2902	321	95	depending	depend	VERB
cblr-2902	321	96	on	on	ADP
cblr-2902	321	97	"	"	PUNCT
cblr-2902	321	98	stability	stability	NOUN
cblr-2902	321	99	of	of	ADP
cblr-2902	321	100	the	the	DET
cblr-2902	321	101	market	market	NOUN
cblr-2902	321	102	"	"	PUNCT
cblr-2902	321	103	for	for	ADP
cblr-2902	321	104	post	post	ADJ
cblr-2902	321	105	-	-	ADJ
cblr-2902	321	106	transfer	transfer	ADJ
cblr-2902	321	107	solvency	solvency	NOUN
cblr-2902	321	108	of	of	ADP
cblr-2902	321	109	the	the	DET
cblr-2902	321	110	business	business	NOUN
cblr-2902	321	111	)	)	PUNCT
cblr-2902	321	112	;	;	PUNCT
cblr-2902	322	1	markell	markell	PROPN
cblr-2902	322	2	,	,	PUNCT
cblr-2902	322	3	supra	supra	PROPN
cblr-2902	322	4	note	note	PROPN
cblr-2902	322	5	42	42	NUM
cblr-2902	322	6	,	,	PUNCT
cblr-2902	322	7	at	at	ADP
cblr-2902	322	8	323	323	NUM
cblr-2902	322	9	.	.	PUNCT
cblr-2902	323	1	no	no	INTJ
cblr-2902	323	2	.	.	NOUN
cblr-2902	324	1	1	1	NUM
cblr-2902	324	2	:	:	SYM
cblr-2902	324	3	118	118	NUM
cblr-2902	324	4	]	]	PUNCT
cblr-2902	324	5	le	le	X
cblr-2902	324	6	vera	vera	NOUN
cblr-2902	324	7	ged	ge	VERB
cblr-2902	324	8	buyo	buyo	NOUN
cblr-2902	324	9	ut	ut	PROPN
cblr-2902	324	10	bankr	bankr	PROPN
cblr-2902	324	11	uptcies	uptcies	PROPN
cblr-2902	324	12	137	137	NUM
cblr-2902	324	13	columbia	columbia	PROPN
cblr-2902	324	14	business	business	NOUN
cblr-2902	324	15	law	law	PROPN
cblr-2902	324	16	review	review	NOUN
cblr-2902	324	17	planning	planning	NOUN
cblr-2902	324	18	and	and	CCONJ
cblr-2902	324	19	the	the	DET
cblr-2902	324	20	imposition	imposition	NOUN
cblr-2902	324	21	of	of	ADP
cblr-2902	324	22	unacceptably	unacceptably	ADV
cblr-2902	324	23	high	high	ADJ
cblr-2902	324	24	risks	risk	NOUN
cblr-2902	324	25	on	on	ADP
cblr-2902	324	26	creditors.46	creditors.46	PROPN
cblr-2902	324	27	for	for	ADP
cblr-2902	324	28	example	example	NOUN
cblr-2902	324	29	,	,	PUNCT
cblr-2902	324	30	in	in	ADP
cblr-2902	324	31	two	two	NUM
cblr-2902	324	32	cases	case	NOUN
cblr-2902	324	33	with	with	ADP
cblr-2902	324	34	similar	similar	ADJ
cblr-2902	324	35	facts	fact	NOUN
cblr-2902	324	36	,	,	PUNCT
cblr-2902	324	37	the	the	DET
cblr-2902	324	38	courts	court	NOUN
cblr-2902	324	39	reached	reach	VERB
cblr-2902	324	40	opposite	opposite	ADJ
cblr-2902	324	41	results	result	NOUN
cblr-2902	324	42	.	.	PUNCT
cblr-2902	324	43	"	"	PUNCT
cblr-2902	325	1	in	in	ADP
cblr-2902	325	2	both	both	DET
cblr-2902	325	3	mackay48	mackay48	NOUN
cblr-2902	325	4	and	and	CCONJ
cblr-2902	325	5	hagerman	hagerman	PROPN
cblr-2902	325	6	49	49	NUM
cblr-2902	325	7	a	a	DET
cblr-2902	325	8	businessman	businessman	NOUN
cblr-2902	325	9	transferred	transfer	VERB
cblr-2902	325	10	his	his	PRON
cblr-2902	325	11	assets	asset	NOUN
cblr-2902	325	12	to	to	ADP
cblr-2902	325	13	a	a	DET
cblr-2902	325	14	trust	trust	NOUN
cblr-2902	325	15	before	before	ADP
cblr-2902	325	16	entering	enter	VERB
cblr-2902	325	17	a	a	DET
cblr-2902	325	18	partnership	partnership	NOUN
cblr-2902	325	19	that	that	PRON
cblr-2902	325	20	exposed	expose	VERB
cblr-2902	325	21	him	he	PRON
cblr-2902	325	22	to	to	ADP
cblr-2902	325	23	personal	personal	ADJ
cblr-2902	325	24	liability	liability	NOUN
cblr-2902	325	25	.	.	PUNCT
cblr-2902	326	1	in	in	ADP
cblr-2902	326	2	both	both	DET
cblr-2902	326	3	cases	case	NOUN
cblr-2902	326	4	,	,	PUNCT
cblr-2902	326	5	although	although	SCONJ
cblr-2902	326	6	the	the	DET
cblr-2902	326	7	transferor	transferor	NOUN
cblr-2902	326	8	had	have	VERB
cblr-2902	326	9	no	no	DET
cblr-2902	326	10	intent	intent	NOUN
cblr-2902	326	11	to	to	PART
cblr-2902	326	12	defraud	defraud	VERB
cblr-2902	326	13	his	his	PRON
cblr-2902	326	14	creditors	creditor	NOUN
cblr-2902	326	15	,	,	PUNCT
cblr-2902	326	16	so	so	SCONJ
cblr-2902	326	17	the	the	DET
cblr-2902	326	18	partnership	partnership	NOUN
cblr-2902	326	19	failed	fail	VERB
cblr-2902	326	20	,	,	PUNCT
cblr-2902	326	21	and	and	CCONJ
cblr-2902	326	22	subsequent	subsequent	ADJ
cblr-2902	326	23	creditors	creditor	NOUN
cblr-2902	326	24	sought	seek	VERB
cblr-2902	326	25	to	to	PART
cblr-2902	326	26	avoid	avoid	VERB
cblr-2902	326	27	the	the	DET
cblr-2902	326	28	transfer	transfer	NOUN
cblr-2902	326	29	to	to	ADP
cblr-2902	326	30	the	the	DET
cblr-2902	326	31	trust	trust	NOUN
cblr-2902	326	32	.	.	PUNCT
cblr-2902	327	1	the	the	DET
cblr-2902	327	2	court	court	NOUN
cblr-2902	327	3	in	in	ADP
cblr-2902	327	4	mackay	mackay	PROPN
cblr-2902	327	5	invalidated	invalidate	VERB
cblr-2902	327	6	the	the	DET
cblr-2902	327	7	transfer	transfer	NOUN
cblr-2902	327	8	while	while	SCONJ
cblr-2902	327	9	the	the	DET
cblr-2902	327	10	court	court	NOUN
cblr-2902	327	11	in	in	ADP
cblr-2902	327	12	hagerman	hagerman	PROPN
cblr-2902	327	13	upheld	uphold	VERB
cblr-2902	327	14	it	it	PRON
cblr-2902	327	15	.	.	PUNCT
cblr-2902	328	1	courts	court	NOUN
cblr-2902	328	2	seemed	seem	VERB
cblr-2902	328	3	to	to	PART
cblr-2902	328	4	be	be	AUX
cblr-2902	328	5	grappling	grapple	VERB
cblr-2902	328	6	with	with	ADP
cblr-2902	328	7	a	a	DET
cblr-2902	328	8	concern	concern	NOUN
cblr-2902	328	9	that	that	SCONJ
cblr-2902	328	10	too	too	ADV
cblr-2902	328	11	broad	broad	ADJ
cblr-2902	328	12	an	an	DET
cblr-2902	328	13	application	application	NOUN
cblr-2902	328	14	of	of	ADP
cblr-2902	328	15	fraudulent	fraudulent	ADJ
cblr-2902	328	16	transfer	transfer	NOUN
cblr-2902	328	17	law	law	NOUN
cblr-2902	328	18	to	to	ADP
cblr-2902	328	19	these	these	DET
cblr-2902	328	20	transactions	transaction	NOUN
cblr-2902	328	21	would	would	AUX
cblr-2902	328	22	discourage	discourage	VERB
cblr-2902	328	23	useful	useful	ADJ
cblr-2902	328	24	business	business	NOUN
cblr-2902	328	25	ventures	venture	NOUN
cblr-2902	328	26	.	.	PUNCT
cblr-2902	329	1	business	business	NOUN
cblr-2902	329	2	creditors	creditor	NOUN
cblr-2902	329	3	expect	expect	VERB
cblr-2902	329	4	debtors	debtor	NOUN
cblr-2902	329	5	to	to	PART
cblr-2902	329	6	take	take	VERB
cblr-2902	329	7	some	some	DET
cblr-2902	329	8	risks	risk	NOUN
cblr-2902	329	9	.	.	PUNCT
cblr-2902	329	10	"	"	PUNCT
cblr-2902	330	1	the	the	DET
cblr-2902	330	2	question	question	NOUN
cblr-2902	330	3	courts	court	NOUN
cblr-2902	330	4	applying	apply	VERB
cblr-2902	330	5	fraudulent	fraudulent	ADJ
cblr-2902	330	6	transfer	transfer	NOUN
cblr-2902	330	7	law	law	NOUN
cblr-2902	330	8	sought	seek	VERB
cblr-2902	330	9	to	to	PART
cblr-2902	330	10	answer	answer	VERB
cblr-2902	330	11	,	,	PUNCT
cblr-2902	330	12	on	on	ADP
cblr-2902	330	13	behalf	behalf	NOUN
cblr-2902	330	14	of	of	ADP
cblr-2902	330	15	passive	passive	ADJ
cblr-2902	330	16	creditors	creditor	NOUN
cblr-2902	330	17	,	,	PUNCT
cblr-2902	330	18	was	be	AUX
cblr-2902	330	19	how	how	SCONJ
cblr-2902	330	20	much	much	ADJ
cblr-2902	330	21	risk	risk	NOUN
cblr-2902	330	22	should	should	AUX
cblr-2902	330	23	be	be	AUX
cblr-2902	330	24	allowed	allow	VERB
cblr-2902	330	25	,	,	PUNCT
cblr-2902	330	26	and	and	CCONJ
cblr-2902	330	27	how	how	SCONJ
cblr-2902	330	28	much	much	ADJ
cblr-2902	330	29	was	be	AUX
cblr-2902	330	30	imprudent	imprudent	ADJ
cblr-2902	330	31	and	and	CCONJ
cblr-2902	330	32	dangerous.5	dangerous.5	ADJ
cblr-2902	330	33	2	2	NUM
cblr-2902	330	34	courts	court	NOUN
cblr-2902	330	35	steeped	steep	VERB
cblr-2902	330	36	in	in	ADP
cblr-2902	330	37	moralistic	moralistic	ADJ
cblr-2902	330	38	concepts	concept	NOUN
cblr-2902	330	39	of	of	ADP
cblr-2902	330	40	intent	intent	NOUN
cblr-2902	330	41	in	in	ADP
cblr-2902	330	42	effect	effect	NOUN
cblr-2902	330	43	took	take	VERB
cblr-2902	330	44	upon	upon	SCONJ
cblr-2902	330	45	themselves	themselves	PRON
cblr-2902	330	46	the	the	DET
cblr-2902	330	47	difficult	difficult	ADJ
cblr-2902	330	48	task	task	NOUN
cblr-2902	330	49	of	of	ADP
cblr-2902	330	50	establishing	establish	VERB
cblr-2902	330	51	minimal	minimal	ADJ
cblr-2902	330	52	capital	capital	NOUN
cblr-2902	330	53	requirements5	requirements5	NOUN
cblr-2902	330	54	-a	-a	PUNCT
cblr-2902	330	55	task	task	NOUN
cblr-2902	330	56	that	that	PRON
cblr-2902	330	57	'	'	PUNCT
cblr-2902	330	58	see	see	VERB
cblr-2902	330	59	markell	markell	NOUN
cblr-2902	330	60	,	,	PUNCT
cblr-2902	330	61	supra	supra	PROPN
cblr-2902	330	62	note	note	PROPN
cblr-2902	330	63	8	8	NUM
cblr-2902	330	64	,	,	PUNCT
cblr-2902	330	65	at	at	ADP
cblr-2902	330	66	478	478	NUM
cblr-2902	330	67	;	;	PUNCT
cblr-2902	330	68	zaretsky	zaretsky	PROPN
cblr-2902	330	69	,	,	PUNCT
cblr-2902	330	70	supra	supra	PROPN
cblr-2902	330	71	note	note	PROPN
cblr-2902	330	72	21	21	NUM
cblr-2902	330	73	,	,	PUNCT
cblr-2902	330	74	at	at	ADP
cblr-2902	330	75	117374	117374	NUM
cblr-2902	330	76	.	.	PUNCT
cblr-2902	331	1	7	7	NUM
cblr-2902	331	2	see	see	VERB
cblr-2902	331	3	markell	markell	NOUN
cblr-2902	331	4	,	,	PUNCT
cblr-2902	331	5	supra	supra	PROPN
cblr-2902	331	6	note	note	PROPN
cblr-2902	331	7	8	8	NUM
cblr-2902	331	8	,	,	PUNCT
cblr-2902	331	9	at	at	ADP
cblr-2902	331	10	478	478	NUM
cblr-2902	331	11	-	-	SYM
cblr-2902	331	12	79	79	NUM
cblr-2902	331	13	.	.	PUNCT
cblr-2902	331	14	'	'	PUNCT
cblr-2902	332	1	mackay	mackay	PROPN
cblr-2902	332	2	,	,	PUNCT
cblr-2902	332	3	14	14	NUM
cblr-2902	332	4	l.r	l.r	NOUN
cblr-2902	332	5	.	.	PROPN
cblr-2902	333	1	eq	eq	NOUN
cblr-2902	333	2	.	.	PUNCT
cblr-2902	334	1	at	at	ADP
cblr-2902	334	2	109	109	NUM
cblr-2902	334	3	.	.	SYM
cblr-2902	334	4	4	4	NUM
cblr-2902	334	5	hagerman	hagerman	NOUN
cblr-2902	334	6	,	,	PUNCT
cblr-2902	334	7	17	17	NUM
cblr-2902	334	8	a.	a.	NOUN
cblr-2902	334	9	at	at	ADP
cblr-2902	334	10	946	946	NUM
cblr-2902	334	11	.	.	PUNCT
cblr-2902	335	1	sid	sid	PROPN
cblr-2902	335	2	.	.	PROPN
cblr-2902	335	3	;	;	PUNCT
cblr-2902	335	4	mackay	mackay	PROPN
cblr-2902	335	5	,	,	PUNCT
cblr-2902	335	6	14	14	NUM
cblr-2902	335	7	l.r	l.r	NOUN
cblr-2902	335	8	.	.	PROPN
cblr-2902	336	1	eq	eq	PROPN
cblr-2902	336	2	.	.	PUNCT
cblr-2902	337	1	at	at	ADP
cblr-2902	337	2	120	120	NUM
cblr-2902	337	3	.	.	PUNCT
cblr-2902	338	1	*	*	PUNCT
cblr-2902	338	2	baird	baird	PROPN
cblr-2902	338	3	&	&	CCONJ
cblr-2902	338	4	jackson	jackson	PROPN
cblr-2902	338	5	,	,	PUNCT
cblr-2902	338	6	supra	supra	PROPN
cblr-2902	338	7	note	note	PROPN
cblr-2902	338	8	30	30	NUM
cblr-2902	338	9	,	,	PUNCT
cblr-2902	338	10	at	at	ADP
cblr-2902	338	11	834	834	NUM
cblr-2902	338	12	;	;	PUNCT
cblr-2902	338	13	see	see	VERB
cblr-2902	338	14	also	also	ADV
cblr-2902	338	15	john	john	PROPN
cblr-2902	338	16	c.	c.	PROPN
cblr-2902	338	17	mccoid	mccoid	PROPN
cblr-2902	338	18	ii	ii	PROPN
cblr-2902	338	19	,	,	PUNCT
cblr-2902	338	20	constructively	constructively	ADV
cblr-2902	338	21	fraudulent	fraudulent	ADJ
cblr-2902	338	22	conveyances	conveyance	NOUN
cblr-2902	338	23	:	:	PUNCT
cblr-2902	338	24	transfers	transfer	NOUN
cblr-2902	338	25	for	for	ADP
cblr-2902	338	26	inadequate	inadequate	ADJ
cblr-2902	338	27	consideration	consideration	NOUN
cblr-2902	338	28	,	,	PUNCT
cblr-2902	338	29	62	62	NUM
cblr-2902	338	30	tex	tex	PROPN
cblr-2902	338	31	.	.	PROPN
cblr-2902	338	32	l.	l.	PROPN
cblr-2902	338	33	rev	rev	PROPN
cblr-2902	338	34	.	.	PROPN
cblr-2902	338	35	639	639	NUM
cblr-2902	338	36	,	,	PUNCT
cblr-2902	338	37	657	657	NUM
cblr-2902	338	38	(	(	PUNCT
cblr-2902	338	39	1983	1983	NUM
cblr-2902	338	40	)	)	PUNCT
cblr-2902	338	41	(	(	PUNCT
cblr-2902	338	42	"	"	PUNCT
cblr-2902	338	43	[	[	X
cblr-2902	338	44	ihf	ihf	PROPN
cblr-2902	338	45	gambling	gambling	NOUN
cblr-2902	338	46	with	with	ADP
cblr-2902	338	47	another	another	PRON
cblr-2902	338	48	's	's	PART
cblr-2902	338	49	money	money	NOUN
cblr-2902	338	50	is	be	AUX
cblr-2902	338	51	wrong	wrong	ADJ
cblr-2902	338	52	,	,	PUNCT
cblr-2902	338	53	then	then	ADV
cblr-2902	338	54	it	it	PRON
cblr-2902	338	55	would	would	AUX
cblr-2902	338	56	be	be	AUX
cblr-2902	338	57	logical	logical	ADJ
cblr-2902	338	58	to	to	PART
cblr-2902	338	59	outlaw	outlaw	VERB
cblr-2902	338	60	credit	credit	NOUN
cblr-2902	338	61	transactions	transaction	NOUN
cblr-2902	338	62	.	.	PUNCT
cblr-2902	339	1	"	"	PUNCT
cblr-2902	339	2	)	)	PUNCT
cblr-2902	339	3	.	.	PUNCT
cblr-2902	340	1	5	5	NUM
cblr-2902	340	2	zaretsky	zaretsky	PROPN
cblr-2902	340	3	,	,	PUNCT
cblr-2902	340	4	supra	supra	PROPN
cblr-2902	340	5	note	note	PROPN
cblr-2902	340	6	21	21	NUM
cblr-2902	340	7	,	,	PUNCT
cblr-2902	340	8	at	at	ADP
cblr-2902	340	9	1161	1161	NUM
cblr-2902	340	10	,	,	PUNCT
cblr-2902	340	11	1174	1174	NUM
cblr-2902	340	12	(	(	PUNCT
cblr-2902	340	13	arguing	argue	VERB
cblr-2902	340	14	that	that	SCONJ
cblr-2902	340	15	"	"	PUNCT
cblr-2902	340	16	[	[	AUX
cblr-2902	340	17	bly	bly	ADV
cblr-2902	340	18	addressing	address	VERB
cblr-2902	340	19	unreasonable	unreasonable	ADJ
cblr-2902	340	20	risks	risk	NOUN
cblr-2902	340	21	,	,	PUNCT
cblr-2902	340	22	fraudulent	fraudulent	ADJ
cblr-2902	340	23	transfer	transfer	NOUN
cblr-2902	340	24	law	law	NOUN
cblr-2902	340	25	can	can	AUX
cblr-2902	340	26	be	be	AUX
cblr-2902	340	27	viewed	view	VERB
cblr-2902	340	28	as	as	ADP
cblr-2902	340	29	providing	provide	VERB
cblr-2902	340	30	credit	credit	NOUN
cblr-2902	340	31	transactions	transaction	NOUN
cblr-2902	340	32	and	and	CCONJ
cblr-2902	340	33	agreements	agreement	NOUN
cblr-2902	340	34	with	with	ADP
cblr-2902	340	35	an	an	DET
cblr-2902	340	36	off	off	ADP
cblr-2902	340	37	-	-	PUNCT
cblr-2902	340	38	the	the	DET
cblr-2902	340	39	-	-	PUNCT
cblr-2902	340	40	rack	rack	NOUN
cblr-2902	340	41	term	term	NOUN
cblr-2902	340	42	requiring	require	VERB
cblr-2902	340	43	the	the	DET
cblr-2902	340	44	debtor	debtor	NOUN
cblr-2902	340	45	to	to	PART
cblr-2902	340	46	limit	limit	VERB
cblr-2902	340	47	itself	itself	PRON
cblr-2902	340	48	to	to	ADP
cblr-2902	340	49	reasonable	reasonable	ADJ
cblr-2902	340	50	business	business	NOUN
cblr-2902	340	51	or	or	CCONJ
cblr-2902	340	52	financial	financial	ADJ
cblr-2902	340	53	risks	risk	NOUN
cblr-2902	340	54	"	"	PUNCT
cblr-2902	340	55	)	)	PUNCT
cblr-2902	340	56	;	;	PUNCT
cblr-2902	340	57	markell	markell	PROPN
cblr-2902	340	58	,	,	PUNCT
cblr-2902	340	59	supra	supra	PROPN
cblr-2902	340	60	note	note	PROPN
cblr-2902	340	61	42	42	NUM
cblr-2902	340	62	,	,	PUNCT
cblr-2902	340	63	at	at	ADP
cblr-2902	340	64	321	321	NUM
cblr-2902	340	65	.	.	PUNCT
cblr-2902	340	66	'	'	PUNCT
cblr-2902	341	1	schreyer	schreyer	NOUN
cblr-2902	341	2	v.	v.	ADP
cblr-2902	341	3	platt	platt	PROPN
cblr-2902	341	4	,	,	PUNCT
cblr-2902	341	5	134	134	NUM
cblr-2902	341	6	u.s	u.s	PROPN
cblr-2902	341	7	.	.	PROPN
cblr-2902	341	8	405	405	NUM
cblr-2902	341	9	,	,	PUNCT
cblr-2902	341	10	410	410	NUM
cblr-2902	341	11	(	(	PUNCT
cblr-2902	341	12	1890	1890	NUM
cblr-2902	341	13	)	)	PUNCT
cblr-2902	341	14	(	(	PUNCT
cblr-2902	341	15	stating	state	VERB
cblr-2902	341	16	that	that	SCONJ
cblr-2902	341	17	it	it	PRON
cblr-2902	341	18	was	be	AUX
cblr-2902	341	19	inappropriate	inappropriate	ADJ
cblr-2902	341	20	to	to	PART
cblr-2902	341	21	knowingly	knowingly	ADV
cblr-2902	341	22	"	"	PUNCT
cblr-2902	341	23	throw	throw	VERB
cblr-2902	341	24	the	the	DET
cblr-2902	341	25	hazards	hazard	NOUN
cblr-2902	341	26	of	of	ADP
cblr-2902	341	27	business	business	NOUN
cblr-2902	341	28	in	in	ADP
cblr-2902	341	29	which	which	PRON
cblr-2902	341	30	the	the	DET
cblr-2902	341	31	[	[	X
cblr-2902	341	32	transferor	transferor	NOUN
cblr-2902	341	33	]	]	X
cblr-2902	341	34	is	be	AUX
cblr-2902	341	35	about	about	ADJ
cblr-2902	341	36	to	to	PART
cblr-2902	341	37	engage	engage	VERB
cblr-2902	341	38	upon	upon	SCONJ
cblr-2902	341	39	others	other	NOUN
cblr-2902	341	40	,	,	PUNCT
cblr-2902	341	41	instead	instead	ADV
cblr-2902	341	42	of	of	ADP
cblr-2902	341	43	honestly	honestly	ADV
cblr-2902	341	44	holding	hold	VERB
cblr-2902	341	45	his	his	PRON
cblr-2902	341	46	1389	1389	NUM
cblr-2902	341	47	[	[	X
cblr-2902	341	48	vol	vol	NOUN
cblr-2902	341	49	.	.	PUNCT
cblr-2902	341	50	2011	2011	NUM
cblr-2902	341	51	challenges	challenge	NOUN
cblr-2902	341	52	even	even	ADV
cblr-2902	341	53	modern	modern	ADJ
cblr-2902	341	54	day	day	NOUN
cblr-2902	341	55	regulators	regulator	NOUN
cblr-2902	341	56	and	and	CCONJ
cblr-2902	341	57	financial	financial	ADJ
cblr-2902	341	58	professionals	professional	NOUN
cblr-2902	341	59	using	use	VERB
cblr-2902	341	60	sophisticated	sophisticated	ADJ
cblr-2902	341	61	quantitative	quantitative	ADJ
cblr-2902	341	62	analysis	analysis	NOUN
cblr-2902	341	63	.	.	PUNCT
cblr-2902	342	1	c.	c.	PROPN
cblr-2902	342	2	constructive	constructive	PROPN
cblr-2902	342	3	fraud	fraud	PROPN
cblr-2902	342	4	reformed	reform	VERB
cblr-2902	342	5	badges	badge	NOUN
cblr-2902	342	6	of	of	ADP
cblr-2902	342	7	fraud	fraud	NOUN
cblr-2902	342	8	by	by	ADP
cblr-2902	342	9	emphasizing	emphasize	VERB
cblr-2902	342	10	economics	economic	NOUN
cblr-2902	342	11	over	over	ADP
cblr-2902	342	12	intent	intent	NOUN
cblr-2902	342	13	the	the	DET
cblr-2902	342	14	drafters	drafter	NOUN
cblr-2902	342	15	of	of	ADP
cblr-2902	342	16	the	the	DET
cblr-2902	342	17	ufca	ufca	NOUN
cblr-2902	342	18	attempted	attempt	VERB
cblr-2902	342	19	to	to	PART
cblr-2902	342	20	ameliorate	ameliorate	VERB
cblr-2902	342	21	some	some	PRON
cblr-2902	342	22	of	of	ADP
cblr-2902	342	23	the	the	DET
cblr-2902	342	24	uncertainty	uncertainty	NOUN
cblr-2902	342	25	surrounding	surround	VERB
cblr-2902	342	26	the	the	DET
cblr-2902	342	27	uses	use	NOUN
cblr-2902	342	28	of	of	ADP
cblr-2902	342	29	the	the	DET
cblr-2902	342	30	badges	badge	NOUN
cblr-2902	342	31	of	of	ADP
cblr-2902	342	32	fraud	fraud	NOUN
cblr-2902	342	33	by	by	ADP
cblr-2902	342	34	introducing	introduce	VERB
cblr-2902	342	35	the	the	DET
cblr-2902	342	36	concept	concept	NOUN
cblr-2902	342	37	of	of	ADP
cblr-2902	342	38	constructive	constructive	ADJ
cblr-2902	342	39	fraud	fraud	NOUN
cblr-2902	342	40	.	.	PUNCT
cblr-2902	343	1	"4	"4	ADJ
cblr-2902	343	2	constructive	constructive	ADJ
cblr-2902	343	3	fraud	fraud	NOUN
cblr-2902	343	4	was	be	AUX
cblr-2902	343	5	later	later	ADV
cblr-2902	343	6	incorporated	incorporate	VERB
cblr-2902	343	7	into	into	ADP
cblr-2902	343	8	the	the	DET
cblr-2902	343	9	ufta	ufta	NOUN
cblr-2902	343	10	and	and	CCONJ
cblr-2902	343	11	section	section	NOUN
cblr-2902	343	12	548	548	NUM
cblr-2902	343	13	of	of	ADP
cblr-2902	343	14	the	the	DET
cblr-2902	343	15	bankruptcy	bankruptcy	NOUN
cblr-2902	343	16	code	code	PROPN
cblr-2902	343	17	.	.	PUNCT
cblr-2902	344	1	instead	instead	ADV
cblr-2902	344	2	of	of	ADP
cblr-2902	344	3	attempting	attempt	VERB
cblr-2902	344	4	to	to	PART
cblr-2902	344	5	divine	divine	VERB
cblr-2902	344	6	the	the	DET
cblr-2902	344	7	intent	intent	NOUN
cblr-2902	344	8	of	of	ADP
cblr-2902	344	9	the	the	DET
cblr-2902	344	10	parties	party	NOUN
cblr-2902	344	11	,	,	PUNCT
cblr-2902	344	12	constructive	constructive	ADJ
cblr-2902	344	13	fraud	fraud	NOUN
cblr-2902	344	14	focuses	focus	VERB
cblr-2902	344	15	on	on	ADP
cblr-2902	344	16	the	the	DET
cblr-2902	344	17	economics	economic	NOUN
cblr-2902	344	18	of	of	ADP
cblr-2902	344	19	the	the	DET
cblr-2902	344	20	transaction	transaction	NOUN
cblr-2902	344	21	.	.	PUNCT
cblr-2902	345	1	section	section	NOUN
cblr-2902	345	2	548(a)(1)(b	548(a)(1)(b	NUM
cblr-2902	345	3	)	)	PUNCT
cblr-2902	345	4	of	of	ADP
cblr-2902	345	5	the	the	DET
cblr-2902	345	6	bankruptcy	bankruptcy	NOUN
cblr-2902	345	7	code	code	NOUN
cblr-2902	345	8	states	state	VERB
cblr-2902	345	9	that	that	SCONJ
cblr-2902	345	10	a	a	DET
cblr-2902	345	11	debtor	debtor	NOUN
cblr-2902	345	12	-	-	PUNCT
cblr-2902	345	13	inpossession	inpossession	NOUN
cblr-2902	345	14	or	or	CCONJ
cblr-2902	345	15	creditor	creditor	NOUN
cblr-2902	345	16	can	can	AUX
cblr-2902	345	17	demonstrate	demonstrate	VERB
cblr-2902	345	18	constructive	constructive	ADJ
cblr-2902	345	19	fraud	fraud	NOUN
cblr-2902	345	20	when	when	SCONJ
cblr-2902	345	21	the	the	DET
cblr-2902	345	22	debtor	debtor	NOUN
cblr-2902	345	23	received	receive	VERB
cblr-2902	345	24	"	"	PUNCT
cblr-2902	345	25	less	less	ADJ
cblr-2902	345	26	than	than	ADP
cblr-2902	345	27	a	a	DET
cblr-2902	345	28	reasonably	reasonably	ADV
cblr-2902	345	29	equivalent	equivalent	ADJ
cblr-2902	345	30	value	value	NOUN
cblr-2902	345	31	in	in	ADP
cblr-2902	345	32	exchange	exchange	NOUN
cblr-2902	345	33	for	for	ADP
cblr-2902	345	34	such	such	ADJ
cblr-2902	345	35	transfer	transfer	NOUN
cblr-2902	345	36	or	or	CCONJ
cblr-2902	345	37	obligation	obligation	NOUN
cblr-2902	345	38	,	,	PUNCT
cblr-2902	345	39	"	"	PUNCT
cblr-2902	345	40	while	while	SCONJ
cblr-2902	345	41	the	the	DET
cblr-2902	345	42	debtor	debtor	NOUN
cblr-2902	345	43	was	be	AUX
cblr-2902	345	44	either	either	ADV
cblr-2902	345	45	:	:	PUNCT
cblr-2902	345	46	(	(	PUNCT
cblr-2902	345	47	1	1	X
cblr-2902	345	48	)	)	PUNCT
cblr-2902	345	49	insolvent	insolvent	ADJ
cblr-2902	345	50	or	or	CCONJ
cblr-2902	345	51	about	about	ADP
cblr-2902	345	52	to	to	PART
cblr-2902	345	53	become	become	VERB
cblr-2902	345	54	insolvent	insolvent	ADJ
cblr-2902	345	55	;	;	PUNCT
cblr-2902	345	56	(	(	PUNCT
cblr-2902	345	57	2	2	X
cblr-2902	345	58	)	)	PUNCT
cblr-2902	345	59	engaged	engage	VERB
cblr-2902	345	60	in	in	ADP
cblr-2902	345	61	a	a	DET
cblr-2902	345	62	business	business	NOUN
cblr-2902	345	63	with	with	ADP
cblr-2902	345	64	unreasonably	unreasonably	ADV
cblr-2902	345	65	small	small	ADJ
cblr-2902	345	66	capital	capital	NOUN
cblr-2902	345	67	;	;	PUNCT
cblr-2902	345	68	or	or	CCONJ
cblr-2902	345	69	(	(	PUNCT
cblr-2902	345	70	3	3	X
cblr-2902	345	71	)	)	PUNCT
cblr-2902	345	72	incurring	incur	VERB
cblr-2902	345	73	debts	debt	NOUN
cblr-2902	345	74	that	that	SCONJ
cblr-2902	345	75	the	the	DET
cblr-2902	345	76	debtor	debtor	NOUN
cblr-2902	345	77	did	do	AUX
cblr-2902	345	78	not	not	PART
cblr-2902	345	79	believe	believe	VERB
cblr-2902	345	80	it	it	PRON
cblr-2902	345	81	could	could	AUX
cblr-2902	345	82	pay.5	pay.5	VERB
cblr-2902	345	83	5	5	NUM
cblr-2902	345	84	only	only	ADV
cblr-2902	345	85	the	the	DET
cblr-2902	345	86	third	third	NOUN
cblr-2902	345	87	of	of	ADP
cblr-2902	345	88	these	these	DET
cblr-2902	345	89	three	three	NUM
cblr-2902	345	90	prongs	prong	NOUN
cblr-2902	345	91	implicates	implicate	VERB
cblr-2902	345	92	means	mean	VERB
cblr-2902	345	93	subject	subject	ADJ
cblr-2902	345	94	to	to	ADP
cblr-2902	345	95	the	the	DET
cblr-2902	345	96	chance	chance	NOUN
cblr-2902	345	97	of	of	ADP
cblr-2902	345	98	those	those	DET
cblr-2902	345	99	adverse	adverse	ADJ
cblr-2902	345	100	results	result	NOUN
cblr-2902	345	101	to	to	PART
cblr-2902	345	102	which	which	PRON
cblr-2902	345	103	all	all	DET
cblr-2902	345	104	business	business	NOUN
cblr-2902	345	105	enterprises	enterprise	NOUN
cblr-2902	345	106	are	be	AUX
cblr-2902	345	107	liable	liable	ADJ
cblr-2902	345	108	,	,	PUNCT
cblr-2902	345	109	"	"	PUNCT
cblr-2902	345	110	but	but	CCONJ
cblr-2902	345	111	holding	hold	VERB
cblr-2902	345	112	the	the	DET
cblr-2902	345	113	transfer	transfer	NOUN
cblr-2902	345	114	not	not	PART
cblr-2902	345	115	voidable	voidable	ADJ
cblr-2902	345	116	because	because	SCONJ
cblr-2902	345	117	the	the	DET
cblr-2902	345	118	court	court	NOUN
cblr-2902	345	119	could	could	AUX
cblr-2902	345	120	not	not	PART
cblr-2902	345	121	find	find	VERB
cblr-2902	345	122	actual	actual	ADJ
cblr-2902	345	123	fraudulent	fraudulent	ADJ
cblr-2902	345	124	intent	intent	NOUN
cblr-2902	345	125	and	and	CCONJ
cblr-2902	345	126	the	the	DET
cblr-2902	345	127	debtor	debtor	NOUN
cblr-2902	345	128	reasonably	reasonably	ADV
cblr-2902	345	129	believed	believe	VERB
cblr-2902	345	130	he	he	PRON
cblr-2902	345	131	would	would	AUX
cblr-2902	345	132	be	be	AUX
cblr-2902	345	133	able	able	ADJ
cblr-2902	345	134	to	to	PART
cblr-2902	345	135	pay	pay	VERB
cblr-2902	345	136	his	his	PRON
cblr-2902	345	137	creditors	creditor	NOUN
cblr-2902	345	138	)	)	PUNCT
cblr-2902	345	139	.	.	PUNCT
cblr-2902	345	140	'	'	PUNCT
cblr-2902	346	1	see	see	VERB
cblr-2902	346	2	alces	alce	NOUN
cblr-2902	346	3	&	&	CCONJ
cblr-2902	346	4	dorr	dorr	PROPN
cblr-2902	346	5	,	,	PUNCT
cblr-2902	346	6	supra	supra	PROPN
cblr-2902	346	7	note	note	PROPN
cblr-2902	346	8	44	44	NUM
cblr-2902	346	9	,	,	PUNCT
cblr-2902	346	10	at	at	ADP
cblr-2902	346	11	533	533	NUM
cblr-2902	346	12	(	(	PUNCT
cblr-2902	346	13	stating	state	VERB
cblr-2902	346	14	that	that	SCONJ
cblr-2902	346	15	the	the	DET
cblr-2902	346	16	drafters	drafter	NOUN
cblr-2902	346	17	were	be	AUX
cblr-2902	346	18	attempting	attempt	VERB
cblr-2902	346	19	to	to	PART
cblr-2902	346	20	address	address	VERB
cblr-2902	346	21	(	(	PUNCT
cblr-2902	346	22	1	1	X
cblr-2902	346	23	)	)	PUNCT
cblr-2902	346	24	the	the	DET
cblr-2902	346	25	uneven	uneven	ADJ
cblr-2902	346	26	application	application	NOUN
cblr-2902	346	27	of	of	ADP
cblr-2902	346	28	the	the	DET
cblr-2902	346	29	insolvency	insolvency	NOUN
cblr-2902	346	30	concept	concept	NOUN
cblr-2902	346	31	,	,	PUNCT
cblr-2902	346	32	(	(	PUNCT
cblr-2902	346	33	2	2	X
cblr-2902	346	34	)	)	PUNCT
cblr-2902	346	35	the	the	DET
cblr-2902	346	36	inconsistent	inconsistent	ADJ
cblr-2902	346	37	specification	specification	NOUN
cblr-2902	346	38	of	of	ADP
cblr-2902	346	39	the	the	DET
cblr-2902	346	40	proper	proper	ADJ
cblr-2902	346	41	parties	party	NOUN
cblr-2902	346	42	and	and	CCONJ
cblr-2902	346	43	procedural	procedural	ADJ
cblr-2902	346	44	steps	step	NOUN
cblr-2902	346	45	necessary	necessary	ADJ
cblr-2902	346	46	to	to	PART
cblr-2902	346	47	challenge	challenge	VERB
cblr-2902	346	48	a	a	DET
cblr-2902	346	49	conveyance	conveyance	NOUN
cblr-2902	346	50	,	,	PUNCT
cblr-2902	346	51	and	and	CCONJ
cblr-2902	346	52	(	(	PUNCT
cblr-2902	346	53	3	3	X
cblr-2902	346	54	)	)	PUNCT
cblr-2902	346	55	the	the	DET
cblr-2902	346	56	fact	fact	NOUN
cblr-2902	346	57	that	that	SCONJ
cblr-2902	346	58	courts	court	NOUN
cblr-2902	346	59	extended	extend	VERB
cblr-2902	346	60	fraudulent	fraudulent	ADJ
cblr-2902	346	61	conveyance	conveyance	NOUN
cblr-2902	346	62	laws	law	NOUN
cblr-2902	346	63	to	to	ADP
cblr-2902	346	64	transactions	transaction	NOUN
cblr-2902	346	65	not	not	PART
cblr-2902	346	66	involving	involve	VERB
cblr-2902	346	67	actual	actual	ADJ
cblr-2902	346	68	fraudulent	fraudulent	ADJ
cblr-2902	346	69	intent	intent	NOUN
cblr-2902	346	70	)	)	PUNCT
cblr-2902	346	71	;	;	PUNCT
cblr-2902	346	72	markell	markell	PROPN
cblr-2902	346	73	,	,	PUNCT
cblr-2902	346	74	supra	supra	PROPN
cblr-2902	346	75	note	note	PROPN
cblr-2902	346	76	42	42	NUM
cblr-2902	346	77	,	,	PUNCT
cblr-2902	346	78	at	at	ADP
cblr-2902	346	79	324	324	NUM
cblr-2902	346	80	-	-	SYM
cblr-2902	346	81	25	25	NUM
cblr-2902	346	82	.	.	PUNCT
cblr-2902	346	83	"	"	PUNCT
cblr-2902	347	1	bankruptcy	bankruptcy	NOUN
cblr-2902	347	2	code	code	NOUN
cblr-2902	347	3	§	§	PROPN
cblr-2902	347	4	548(a)(1)(b	548(a)(1)(b	PROPN
cblr-2902	347	5	)	)	PUNCT
cblr-2902	347	6	.	.	PUNCT
cblr-2902	348	1	similarly	similarly	ADV
cblr-2902	348	2	,	,	PUNCT
cblr-2902	348	3	section	section	NOUN
cblr-2902	348	4	4(a)(2	4(a)(2	NUM
cblr-2902	348	5	)	)	PUNCT
cblr-2902	348	6	of	of	ADP
cblr-2902	348	7	the	the	DET
cblr-2902	348	8	ufta	ufta	PROPN
cblr-2902	348	9	provides	provide	VERB
cblr-2902	348	10	for	for	ADP
cblr-2902	348	11	constructive	constructive	ADJ
cblr-2902	348	12	fraud	fraud	NOUN
cblr-2902	348	13	if	if	SCONJ
cblr-2902	348	14	the	the	DET
cblr-2902	348	15	debtor	debtor	NOUN
cblr-2902	348	16	made	make	VERB
cblr-2902	348	17	the	the	DET
cblr-2902	348	18	transfer	transfer	NOUN
cblr-2902	348	19	or	or	CCONJ
cblr-2902	348	20	incurred	incur	VERB
cblr-2902	348	21	the	the	DET
cblr-2902	348	22	obligation	obligation	NOUN
cblr-2902	348	23	without	without	ADP
cblr-2902	348	24	receiving	receive	VERB
cblr-2902	348	25	reasonably	reasonably	ADV
cblr-2902	348	26	equivalent	equivalent	ADJ
cblr-2902	348	27	value	value	NOUN
cblr-2902	348	28	in	in	ADP
cblr-2902	348	29	exchange	exchange	NOUN
cblr-2902	348	30	for	for	ADP
cblr-2902	348	31	the	the	DET
cblr-2902	348	32	transfer	transfer	NOUN
cblr-2902	348	33	or	or	CCONJ
cblr-2902	348	34	obligation	obligation	NOUN
cblr-2902	348	35	,	,	PUNCT
cblr-2902	348	36	and	and	CCONJ
cblr-2902	348	37	the	the	DET
cblr-2902	348	38	debtor	debtor	NOUN
cblr-2902	348	39	:	:	PUNCT
cblr-2902	348	40	(	(	PUNCT
cblr-2902	348	41	1	1	X
cblr-2902	348	42	)	)	PUNCT
cblr-2902	348	43	was	be	AUX
cblr-2902	348	44	engaged	engage	VERB
cblr-2902	348	45	or	or	CCONJ
cblr-2902	348	46	was	be	AUX
cblr-2902	348	47	about	about	ADJ
cblr-2902	348	48	to	to	PART
cblr-2902	348	49	engage	engage	VERB
cblr-2902	348	50	in	in	ADP
cblr-2902	348	51	a	a	DET
cblr-2902	348	52	business	business	NOUN
cblr-2902	348	53	or	or	CCONJ
cblr-2902	348	54	a	a	DET
cblr-2902	348	55	transaction	transaction	NOUN
cblr-2902	348	56	for	for	ADP
cblr-2902	348	57	which	which	PRON
cblr-2902	348	58	the	the	DET
cblr-2902	348	59	remaining	remain	VERB
cblr-2902	348	60	assets	asset	NOUN
cblr-2902	348	61	of	of	ADP
cblr-2902	348	62	the	the	DET
cblr-2902	348	63	debtor	debtor	NOUN
cblr-2902	348	64	were	be	AUX
cblr-2902	348	65	unreasonably	unreasonably	ADV
cblr-2902	348	66	small	small	ADJ
cblr-2902	348	67	in	in	ADP
cblr-2902	348	68	relation	relation	NOUN
cblr-2902	348	69	to	to	ADP
cblr-2902	348	70	the	the	DET
cblr-2902	348	71	business	business	NOUN
cblr-2902	348	72	;	;	PUNCT
cblr-2902	348	73	or	or	CCONJ
cblr-2902	348	74	(	(	PUNCT
cblr-2902	348	75	2	2	X
cblr-2902	348	76	)	)	PUNCT
cblr-2902	348	77	intended	intend	VERB
cblr-2902	348	78	to	to	PART
cblr-2902	348	79	incur	incur	VERB
cblr-2902	348	80	,	,	PUNCT
cblr-2902	348	81	believed	believe	VERB
cblr-2902	348	82	that	that	SCONJ
cblr-2902	348	83	he	he	PRON
cblr-2902	348	84	would	would	AUX
cblr-2902	348	85	incur	incur	VERB
cblr-2902	348	86	,	,	PUNCT
cblr-2902	348	87	or	or	CCONJ
cblr-2902	348	88	reasonably	reasonably	ADV
cblr-2902	348	89	should	should	AUX
cblr-2902	348	90	have	have	AUX
cblr-2902	348	91	believed	believe	VERB
cblr-2902	348	92	that	that	SCONJ
cblr-2902	348	93	he	he	PRON
cblr-2902	348	94	would	would	AUX
cblr-2902	348	95	incur	incur	VERB
cblr-2902	348	96	debts	debt	NOUN
cblr-2902	348	97	beyond	beyond	ADP
cblr-2902	348	98	his	his	PRON
cblr-2902	348	99	ability	ability	NOUN
cblr-2902	348	100	to	to	PART
cblr-2902	348	101	pay	pay	VERB
cblr-2902	348	102	as	as	SCONJ
cblr-2902	348	103	they	they	PRON
cblr-2902	348	104	became	become	VERB
cblr-2902	348	105	due	due	ADJ
cblr-2902	348	106	.	.	PUNCT
cblr-2902	349	1	ufta	ufta	PROPN
cblr-2902	349	2	§	§	PROPN
cblr-2902	349	3	4(a)(2	4(a)(2	PROPN
cblr-2902	349	4	)	)	PUNCT
cblr-2902	349	5	.	.	PUNCT
cblr-2902	350	1	sections	section	NOUN
cblr-2902	350	2	4	4	NUM
cblr-2902	350	3	-	-	SYM
cblr-2902	350	4	6	6	NUM
cblr-2902	350	5	of	of	ADP
cblr-2902	350	6	the	the	DET
cblr-2902	350	7	ufca	ufca	ADJ
cblr-2902	350	8	state	state	NOUN
cblr-2902	350	9	that	that	SCONJ
cblr-2902	350	10	a	a	DET
cblr-2902	350	11	conveyance	conveyance	NOUN
cblr-2902	350	12	made	make	VERB
cblr-2902	350	13	or	or	CCONJ
cblr-2902	350	14	an	an	DET
cblr-2902	350	15	obligation	obligation	NOUN
cblr-2902	350	16	incurred	incur	VERB
cblr-2902	350	17	may	may	AUX
cblr-2902	350	18	be	be	AUX
cblr-2902	350	19	voidable	voidable	ADJ
cblr-2902	350	20	if	if	SCONJ
cblr-2902	350	21	it	it	PRON
cblr-2902	350	22	is	be	AUX
cblr-2902	350	23	made	make	VERB
cblr-2902	350	24	without	without	ADP
cblr-2902	350	25	fair	fair	ADJ
cblr-2902	350	26	consideration	consideration	NOUN
cblr-2902	350	27	and	and	CCONJ
cblr-2902	350	28	:	:	PUNCT
cblr-2902	350	29	(	(	PUNCT
cblr-2902	350	30	1	1	X
cblr-2902	350	31	)	)	PUNCT
cblr-2902	350	32	by	by	ADP
cblr-2902	350	33	a	a	DET
cblr-2902	350	34	person	person	NOUN
cblr-2902	350	35	who	who	PRON
cblr-2902	350	36	is	be	AUX
cblr-2902	350	37	no	no	INTJ
cblr-2902	350	38	.	.	PUNCT
cblr-2902	351	1	i	i	PRON
cblr-2902	351	2	:	:	PUNCT
cblr-2902	351	3	118	118	NUM
cblr-2902	351	4	]	]	PUNCT
cblr-2902	351	5	leveraged	leveraged	ADJ
cblr-2902	351	6	buyout	buyout	NOUN
cblr-2902	351	7	bankruptcies	bankruptcy	NOUN
cblr-2902	351	8	139	139	NUM
cblr-2902	351	9	knowledge	knowledge	NOUN
cblr-2902	351	10	or	or	CCONJ
cblr-2902	351	11	intent	intent	NOUN
cblr-2902	351	12	,	,	PUNCT
cblr-2902	351	13	and	and	CCONJ
cblr-2902	351	14	the	the	DET
cblr-2902	351	15	knowledge	knowledge	NOUN
cblr-2902	351	16	or	or	CCONJ
cblr-2902	351	17	intent	intent	NOUN
cblr-2902	351	18	regards	regard	VERB
cblr-2902	351	19	the	the	DET
cblr-2902	351	20	financial	financial	ADJ
cblr-2902	351	21	condition	condition	NOUN
cblr-2902	351	22	of	of	ADP
cblr-2902	351	23	the	the	DET
cblr-2902	351	24	debtor.56	debtor.56	NOUN
cblr-2902	351	25	although	although	SCONJ
cblr-2902	351	26	constructive	constructive	ADJ
cblr-2902	351	27	fraud	fraud	NOUN
cblr-2902	351	28	represents	represent	VERB
cblr-2902	351	29	a	a	DET
cblr-2902	351	30	marked	mark	VERB
cblr-2902	351	31	improvement	improvement	NOUN
cblr-2902	351	32	over	over	ADP
cblr-2902	351	33	the	the	DET
cblr-2902	351	34	badges	badge	NOUN
cblr-2902	351	35	of	of	ADP
cblr-2902	351	36	fraud	fraud	NOUN
cblr-2902	351	37	system	system	NOUN
cblr-2902	351	38	,	,	PUNCT
cblr-2902	351	39	constructive	constructive	ADJ
cblr-2902	351	40	fraud	fraud	NOUN
cblr-2902	351	41	only	only	ADV
cblr-2902	351	42	partially	partially	ADV
cblr-2902	351	43	succeeds	succeed	VERB
cblr-2902	351	44	in	in	ADP
cblr-2902	351	45	reducing	reduce	VERB
cblr-2902	351	46	uncertainty	uncertainty	NOUN
cblr-2902	351	47	and	and	CCONJ
cblr-2902	351	48	inconsistency	inconsistency	NOUN
cblr-2902	351	49	.	.	PUNCT
cblr-2902	352	1	constructive	constructive	ADJ
cblr-2902	352	2	fraud	fraud	NOUN
cblr-2902	352	3	statutes	statute	NOUN
cblr-2902	352	4	leave	leave	VERB
cblr-2902	352	5	it	it	PRON
cblr-2902	352	6	to	to	ADP
cblr-2902	352	7	bankruptcy	bankruptcy	NOUN
cblr-2902	352	8	courts	court	NOUN
cblr-2902	352	9	to	to	PART
cblr-2902	352	10	develop	develop	VERB
cblr-2902	352	11	methodologies	methodology	NOUN
cblr-2902	352	12	for	for	ADP
cblr-2902	352	13	measuring	measure	VERB
cblr-2902	352	14	"	"	PUNCT
cblr-2902	352	15	solvency	solvency	NOUN
cblr-2902	352	16	"	"	PUNCT
cblr-2902	352	17	and	and	CCONJ
cblr-2902	352	18	"	"	PUNCT
cblr-2902	352	19	capital	capital	NOUN
cblr-2902	352	20	"	"	PUNCT
cblr-2902	352	21	and	and	CCONJ
cblr-2902	352	22	to	to	PART
cblr-2902	352	23	determine	determine	VERB
cblr-2902	352	24	what	what	PRON
cblr-2902	352	25	is	be	AUX
cblr-2902	352	26	"	"	PUNCT
cblr-2902	352	27	adequate	adequate	ADJ
cblr-2902	352	28	.	.	PUNCT
cblr-2902	352	29	"	"	PUNCT
cblr-2902	353	1	the	the	DET
cblr-2902	353	2	methodologies	methodology	NOUN
cblr-2902	353	3	that	that	PRON
cblr-2902	353	4	bankruptcy	bankruptcy	NOUN
cblr-2902	353	5	courts	court	NOUN
cblr-2902	353	6	developed	develop	VERB
cblr-2902	353	7	drew	draw	VERB
cblr-2902	353	8	on	on	ADP
cblr-2902	353	9	the	the	DET
cblr-2902	353	10	methods	method	NOUN
cblr-2902	353	11	of	of	ADP
cblr-2902	353	12	solvency	solvency	NOUN
cblr-2902	353	13	analysis	analysis	NOUN
cblr-2902	353	14	and	and	CCONJ
cblr-2902	353	15	valuation	valuation	NOUN
cblr-2902	353	16	that	that	PRON
cblr-2902	353	17	were	be	AUX
cblr-2902	353	18	used	use	VERB
cblr-2902	353	19	by	by	ADP
cblr-2902	353	20	financial	financial	ADJ
cblr-2902	353	21	professionals	professional	NOUN
cblr-2902	353	22	.	.	PUNCT
cblr-2902	353	23	"	"	PUNCT
cblr-2902	354	1	these	these	DET
cblr-2902	354	2	methods	method	NOUN
cblr-2902	354	3	can	can	AUX
cblr-2902	354	4	roughly	roughly	ADV
cblr-2902	354	5	be	be	AUX
cblr-2902	354	6	divided	divide	VERB
cblr-2902	354	7	into	into	ADP
cblr-2902	354	8	two	two	NUM
cblr-2902	354	9	categories	category	NOUN
cblr-2902	354	10	:	:	PUNCT
cblr-2902	354	11	those	those	PRON
cblr-2902	354	12	used	use	VERB
cblr-2902	354	13	to	to	PART
cblr-2902	354	14	measure	measure	VERB
cblr-2902	354	15	cash	cash	NOUN
cblr-2902	354	16	-	-	PUNCT
cblr-2902	354	17	flow	flow	NOUN
cblr-2902	354	18	solvency	solvency	NOUN
cblr-2902	354	19	(	(	PUNCT
cblr-2902	354	20	liquidity	liquidity	NOUN
cblr-2902	354	21	)	)	PUNCT
cblr-2902	354	22	and	and	CCONJ
cblr-2902	354	23	those	those	PRON
cblr-2902	354	24	used	use	VERB
cblr-2902	354	25	to	to	PART
cblr-2902	354	26	measure	measure	VERB
cblr-2902	354	27	balance	balance	NOUN
cblr-2902	354	28	sheet	sheet	NOUN
cblr-2902	354	29	solvency	solvency	NOUN
cblr-2902	354	30	(	(	PUNCT
cblr-2902	354	31	value	value	NOUN
cblr-2902	354	32	)	)	PUNCT
cblr-2902	354	33	.	.	PUNCT
cblr-2902	354	34	"	"	PUNCT
cblr-2902	354	35	thereby	thereby	ADV
cblr-2902	354	36	rendered	render	VERB
cblr-2902	354	37	insolvent	insolvent	ADJ
cblr-2902	354	38	without	without	ADP
cblr-2902	354	39	regard	regard	NOUN
cblr-2902	354	40	to	to	ADP
cblr-2902	354	41	his	his	PRON
cblr-2902	354	42	actual	actual	ADJ
cblr-2902	354	43	intent	intent	NOUN
cblr-2902	354	44	;	;	PUNCT
cblr-2902	354	45	(	(	PUNCT
cblr-2902	354	46	2	2	X
cblr-2902	354	47	)	)	PUNCT
cblr-2902	354	48	when	when	SCONJ
cblr-2902	354	49	the	the	DET
cblr-2902	354	50	person	person	NOUN
cblr-2902	354	51	making	make	VERB
cblr-2902	354	52	it	it	PRON
cblr-2902	354	53	is	be	AUX
cblr-2902	354	54	engaged	engage	VERB
cblr-2902	354	55	or	or	CCONJ
cblr-2902	354	56	is	be	AUX
cblr-2902	354	57	about	about	ADJ
cblr-2902	354	58	to	to	PART
cblr-2902	354	59	engage	engage	VERB
cblr-2902	354	60	in	in	ADP
cblr-2902	354	61	a	a	DET
cblr-2902	354	62	business	business	NOUN
cblr-2902	354	63	or	or	CCONJ
cblr-2902	354	64	transaction	transaction	NOUN
cblr-2902	354	65	for	for	ADP
cblr-2902	354	66	which	which	PRON
cblr-2902	354	67	the	the	DET
cblr-2902	354	68	property	property	NOUN
cblr-2902	354	69	remaining	remain	VERB
cblr-2902	354	70	in	in	ADP
cblr-2902	354	71	his	his	PRON
cblr-2902	354	72	hands	hand	NOUN
cblr-2902	354	73	after	after	SCONJ
cblr-2902	354	74	the	the	DET
cblr-2902	354	75	conveyance	conveyance	NOUN
cblr-2902	354	76	is	be	AUX
cblr-2902	354	77	an	an	DET
cblr-2902	354	78	unreasonably	unreasonably	ADV
cblr-2902	354	79	small	small	ADJ
cblr-2902	354	80	capital	capital	NOUN
cblr-2902	354	81	,	,	PUNCT
cblr-2902	354	82	without	without	ADP
cblr-2902	354	83	regard	regard	NOUN
cblr-2902	354	84	to	to	ADP
cblr-2902	354	85	actual	actual	ADJ
cblr-2902	354	86	intent	intent	NOUN
cblr-2902	354	87	;	;	PUNCT
cblr-2902	354	88	and	and	CCONJ
cblr-2902	354	89	(	(	PUNCT
cblr-2902	354	90	3	3	X
cblr-2902	354	91	)	)	PUNCT
cblr-2902	354	92	when	when	SCONJ
cblr-2902	354	93	the	the	DET
cblr-2902	354	94	person	person	NOUN
cblr-2902	354	95	making	make	VERB
cblr-2902	354	96	the	the	DET
cblr-2902	354	97	conveyance	conveyance	NOUN
cblr-2902	354	98	or	or	CCONJ
cblr-2902	354	99	entering	enter	VERB
cblr-2902	354	100	into	into	ADP
cblr-2902	354	101	the	the	DET
cblr-2902	354	102	obligation	obligation	NOUN
cblr-2902	354	103	intends	intend	VERB
cblr-2902	354	104	to	to	PART
cblr-2902	354	105	incur	incur	VERB
cblr-2902	354	106	or	or	CCONJ
cblr-2902	354	107	believes	believe	VERB
cblr-2902	354	108	that	that	SCONJ
cblr-2902	354	109	he	he	PRON
cblr-2902	354	110	will	will	AUX
cblr-2902	354	111	incur	incur	VERB
cblr-2902	354	112	debts	debt	NOUN
cblr-2902	354	113	beyond	beyond	ADP
cblr-2902	354	114	his	his	PRON
cblr-2902	354	115	ability	ability	NOUN
cblr-2902	354	116	to	to	PART
cblr-2902	354	117	pay	pay	VERB
cblr-2902	354	118	as	as	SCONJ
cblr-2902	354	119	they	they	PRON
cblr-2902	354	120	mature	mature	VERB
cblr-2902	354	121	.	.	PUNCT
cblr-2902	355	1	ufca	ufca	PROPN
cblr-2902	355	2	§	§	PROPN
cblr-2902	355	3	4	4	NUM
cblr-2902	355	4	-	-	SYM
cblr-2902	355	5	6	6	NUM
cblr-2902	355	6	,	,	PUNCT
cblr-2902	355	7	7a	7a	NUM
cblr-2902	355	8	.	.	PUNCT
cblr-2902	356	1	"	"	PUNCT
cblr-2902	356	2	see	see	VERB
cblr-2902	356	3	in	in	ADP
cblr-2902	356	4	re	re	NOUN
cblr-2902	356	5	taubman	taubman	NOUN
cblr-2902	356	6	,	,	PUNCT
cblr-2902	356	7	160	160	NUM
cblr-2902	356	8	b.r	b.r	PROPN
cblr-2902	356	9	.	.	PROPN
cblr-2902	356	10	964	964	NUM
cblr-2902	356	11	,	,	PUNCT
cblr-2902	356	12	986	986	NUM
cblr-2902	356	13	-	-	SYM
cblr-2902	356	14	87	87	NUM
cblr-2902	356	15	(	(	PUNCT
cblr-2902	356	16	bank	bank	NOUN
cblr-2902	356	17	.	.	PUNCT
cblr-2902	357	1	s.d	s.d	PROPN
cblr-2902	357	2	.	.	PROPN
cblr-2902	357	3	ohio	ohio	PROPN
cblr-2902	357	4	1993	1993	NUM
cblr-2902	357	5	)	)	PUNCT
cblr-2902	358	1	(	(	PUNCT
cblr-2902	358	2	inferring	infer	VERB
cblr-2902	358	3	intent	intent	NOUN
cblr-2902	358	4	to	to	PART
cblr-2902	358	5	incur	incur	VERB
cblr-2902	358	6	debts	debt	NOUN
cblr-2902	358	7	beyond	beyond	ADP
cblr-2902	358	8	ability	ability	NOUN
cblr-2902	358	9	to	to	PART
cblr-2902	358	10	repay	repay	VERB
cblr-2902	358	11	based	base	VERB
cblr-2902	358	12	in	in	ADP
cblr-2902	358	13	part	part	NOUN
cblr-2902	358	14	on	on	ADP
cblr-2902	358	15	debtor	debtor	NOUN
cblr-2902	358	16	's	's	PART
cblr-2902	358	17	insolvency	insolvency	NOUN
cblr-2902	358	18	)	)	PUNCT
cblr-2902	358	19	.	.	PUNCT
cblr-2902	358	20	"	"	PUNCT
cblr-2902	359	1	stan	stan	PROPN
cblr-2902	359	2	bernstein	bernstein	PROPN
cblr-2902	359	3	,	,	PUNCT
cblr-2902	359	4	susan	susan	PROPN
cblr-2902	359	5	h.	h.	PROPN
cblr-2902	359	6	seabury	seabury	PROPN
cblr-2902	359	7	&	&	CCONJ
cblr-2902	359	8	jack	jack	PROPN
cblr-2902	359	9	f.	f.	PROPN
cblr-2902	359	10	williams	williams	PROPN
cblr-2902	359	11	,	,	PUNCT
cblr-2902	359	12	squaring	square	VERB
cblr-2902	359	13	bankruptcy	bankruptcy	NOUN
cblr-2902	359	14	valuation	valuation	NOUN
cblr-2902	359	15	practice	practice	NOUN
cblr-2902	359	16	with	with	ADP
cblr-2902	359	17	daubert	daubert	ADJ
cblr-2902	359	18	demands	demand	NOUN
cblr-2902	359	19	,	,	PUNCT
cblr-2902	359	20	16	16	NUM
cblr-2902	359	21	am	am	NOUN
cblr-2902	359	22	.	.	PUNCT
cblr-2902	360	1	bankr	bankr	PROPN
cblr-2902	360	2	.	.	PUNCT
cblr-2902	361	1	inst	inst	PROPN
cblr-2902	361	2	.	.	PUNCT
cblr-2902	362	1	l.	l.	PROPN
cblr-2902	362	2	rev	rev	PROPN
cblr-2902	362	3	.	.	PROPN
cblr-2902	362	4	161	161	NUM
cblr-2902	362	5	,	,	PUNCT
cblr-2902	362	6	175	175	NUM
cblr-2902	362	7	n.56	n.56	PRON
cblr-2902	362	8	(	(	PUNCT
cblr-2902	362	9	2008	2008	NUM
cblr-2902	362	10	)	)	PUNCT
cblr-2902	362	11	(	(	PUNCT
cblr-2902	362	12	noting	note	VERB
cblr-2902	362	13	that	that	SCONJ
cblr-2902	362	14	the	the	DET
cblr-2902	362	15	many	many	ADJ
cblr-2902	362	16	courts	court	NOUN
cblr-2902	362	17	have	have	AUX
cblr-2902	362	18	adopted	adopt	VERB
cblr-2902	362	19	the	the	DET
cblr-2902	362	20	standards	standard	NOUN
cblr-2902	362	21	prescribed	prescribe	VERB
cblr-2902	362	22	by	by	ADP
cblr-2902	362	23	the	the	DET
cblr-2902	362	24	association	association	NOUN
cblr-2902	362	25	of	of	ADP
cblr-2902	362	26	insolvency	insolvency	NOUN
cblr-2902	362	27	and	and	CCONJ
cblr-2902	362	28	restructuring	restructuring	NOUN
cblr-2902	362	29	advisors	advisor	NOUN
cblr-2902	362	30	)	)	PUNCT
cblr-2902	362	31	.	.	PUNCT
cblr-2902	362	32	'	'	PUNCT
cblr-2902	363	1	see	see	VERB
cblr-2902	363	2	moody	moody	PROPN
cblr-2902	363	3	v.	v.	ADP
cblr-2902	363	4	sec	sec	PROPN
cblr-2902	363	5	.	.	PUNCT
cblr-2902	364	1	pac	pac	PROPN
cblr-2902	364	2	.	.	PROPN
cblr-2902	364	3	bus	bus	PROPN
cblr-2902	364	4	.	.	PUNCT
cblr-2902	365	1	credit	credit	NOUN
cblr-2902	365	2	,	,	PUNCT
cblr-2902	365	3	971	971	NUM
cblr-2902	365	4	f.2d	f.2d	NOUN
cblr-2902	365	5	1056	1056	NUM
cblr-2902	365	6	,	,	PUNCT
cblr-2902	365	7	1066	1066	NUM
cblr-2902	365	8	(	(	PUNCT
cblr-2902	365	9	3d	3d	PROPN
cblr-2902	365	10	cir	cir	NOUN
cblr-2902	365	11	.	.	PROPN
cblr-2902	365	12	1992	1992	NUM
cblr-2902	365	13	)	)	PUNCT
cblr-2902	366	1	(	(	PUNCT
cblr-2902	366	2	holding	hold	VERB
cblr-2902	366	3	that	that	SCONJ
cblr-2902	366	4	"	"	PUNCT
cblr-2902	366	5	insolvency	insolvency	NOUN
cblr-2902	366	6	has	have	VERB
cblr-2902	366	7	two	two	NUM
cblr-2902	366	8	components	component	NOUN
cblr-2902	366	9	under	under	ADP
cblr-2902	366	10	[	[	X
cblr-2902	366	11	the	the	DET
cblr-2902	366	12	pennsylvania	pennsylvania	PROPN
cblr-2902	366	13	ufca	ufca	PROPN
cblr-2902	366	14	]	]	X
cblr-2902	366	15	:	:	PUNCT
cblr-2902	366	16	a	a	DET
cblr-2902	366	17	deficit	deficit	NOUN
cblr-2902	366	18	net	net	NOUN
cblr-2902	366	19	worth	worth	ADJ
cblr-2902	366	20	immediately	immediately	ADV
cblr-2902	366	21	after	after	ADP
cblr-2902	366	22	the	the	DET
cblr-2902	366	23	conveyance	conveyance	NOUN
cblr-2902	366	24	[	[	X
cblr-2902	366	25	and	and	CCONJ
cblr-2902	366	26	]	]	X
cblr-2902	366	27	an	an	DET
cblr-2902	366	28	inability	inability	NOUN
cblr-2902	366	29	to	to	PART
cblr-2902	366	30	pay	pay	VERB
cblr-2902	366	31	debts	debt	NOUN
cblr-2902	366	32	as	as	SCONJ
cblr-2902	366	33	they	they	PRON
cblr-2902	366	34	mature	mature	VERB
cblr-2902	366	35	"	"	PUNCT
cblr-2902	366	36	and	and	CCONJ
cblr-2902	366	37	noting	note	VERB
cblr-2902	366	38	that	that	SCONJ
cblr-2902	366	39	solvency	solvency	NOUN
cblr-2902	366	40	in	in	ADP
cblr-2902	366	41	both	both	DET
cblr-2902	366	42	senses	sense	NOUN
cblr-2902	366	43	is	be	AUX
cblr-2902	366	44	required	require	VERB
cblr-2902	366	45	)	)	PUNCT
cblr-2902	366	46	;	;	PUNCT
cblr-2902	366	47	murphy	murphy	PROPN
cblr-2902	366	48	v.	v.	PROPN
cblr-2902	366	49	meritor	meritor	PROPN
cblr-2902	366	50	say	say	VERB
cblr-2902	366	51	.	.	PUNCT
cblr-2902	367	1	bank	bank	PROPN
cblr-2902	367	2	(	(	PUNCT
cblr-2902	367	3	in	in	ADP
cblr-2902	367	4	re	re	PROPN
cblr-2902	367	5	o'day	o'day	PROPN
cblr-2902	367	6	corp	corp	PROPN
cblr-2902	367	7	.	.	PROPN
cblr-2902	367	8	)	)	PUNCT
cblr-2902	367	9	,	,	PUNCT
cblr-2902	367	10	126	126	NUM
cblr-2902	367	11	b.r	b.r	PROPN
cblr-2902	367	12	.	.	PROPN
cblr-2902	367	13	370	370	NUM
cblr-2902	367	14	,	,	PUNCT
cblr-2902	367	15	397	397	NUM
cblr-2902	367	16	-	-	SYM
cblr-2902	367	17	403	403	NUM
cblr-2902	367	18	(	(	PUNCT
cblr-2902	367	19	bankr	bankr	PROPN
cblr-2902	367	20	.	.	PUNCT
cblr-2902	368	1	d.	d.	PROPN
cblr-2902	368	2	mass	mass	PROPN
cblr-2902	368	3	.	.	PROPN
cblr-2902	368	4	1991	1991	NUM
cblr-2902	368	5	)	)	PUNCT
cblr-2902	369	1	(	(	PUNCT
cblr-2902	369	2	noting	note	VERB
cblr-2902	369	3	that	that	SCONJ
cblr-2902	369	4	courts	court	NOUN
cblr-2902	369	5	have	have	AUX
cblr-2902	369	6	used	use	VERB
cblr-2902	369	7	either	either	CCONJ
cblr-2902	369	8	or	or	CCONJ
cblr-2902	369	9	both	both	PRON
cblr-2902	369	10	tests	test	NOUN
cblr-2902	369	11	,	,	PUNCT
cblr-2902	369	12	while	while	SCONJ
cblr-2902	369	13	itself	itself	PRON
cblr-2902	369	14	using	use	VERB
cblr-2902	369	15	both	both	DET
cblr-2902	369	16	tests	test	NOUN
cblr-2902	369	17	to	to	PART
cblr-2902	369	18	find	find	VERB
cblr-2902	369	19	that	that	SCONJ
cblr-2902	369	20	the	the	DET
cblr-2902	369	21	debtor	debtor	NOUN
cblr-2902	369	22	was	be	AUX
cblr-2902	369	23	insolvent	insolvent	ADJ
cblr-2902	369	24	at	at	ADP
cblr-2902	369	25	the	the	DET
cblr-2902	369	26	time	time	NOUN
cblr-2902	369	27	of	of	ADP
cblr-2902	369	28	the	the	DET
cblr-2902	369	29	lbo	lbo	PROPN
cblr-2902	369	30	)	)	PUNCT
cblr-2902	369	31	.	.	PUNCT
cblr-2902	370	1	this	this	DET
cblr-2902	370	2	article	article	NOUN
cblr-2902	370	3	focuses	focus	VERB
cblr-2902	370	4	on	on	ADP
cblr-2902	370	5	the	the	DET
cblr-2902	370	6	value	value	NOUN
cblr-2902	370	7	of	of	ADP
cblr-2902	370	8	the	the	DET
cblr-2902	370	9	debtor	debtor	NOUN
cblr-2902	370	10	as	as	ADP
cblr-2902	370	11	a	a	DET
cblr-2902	370	12	going	go	VERB
cblr-2902	370	13	concern	concern	NOUN
cblr-2902	370	14	,	,	PUNCT
cblr-2902	370	15	which	which	PRON
cblr-2902	370	16	is	be	AUX
cblr-2902	370	17	usually	usually	ADV
cblr-2902	370	18	at	at	ADP
cblr-2902	370	19	issue	issue	NOUN
cblr-2902	370	20	in	in	ADP
cblr-2902	370	21	large	large	ADJ
cblr-2902	370	22	chapter	chapter	NOUN
cblr-2902	370	23	11	11	NUM
cblr-2902	370	24	cases	case	NOUN
cblr-2902	370	25	.	.	PUNCT
cblr-2902	371	1	courts	court	NOUN
cblr-2902	371	2	will	will	AUX
cblr-2902	371	3	occasionally	occasionally	ADV
cblr-2902	371	4	consider	consider	VERB
cblr-2902	371	5	the	the	DET
cblr-2902	371	6	liquidation	liquidation	NOUN
cblr-2902	371	7	value	value	NOUN
cblr-2902	371	8	of	of	ADP
cblr-2902	371	9	the	the	DET
cblr-2902	371	10	debtor	debtor	NOUN
cblr-2902	371	11	,	,	PUNCT
cblr-2902	371	12	particularly	particularly	ADV
cblr-2902	371	13	in	in	ADP
cblr-2902	371	14	chapter	chapter	NOUN
cblr-2902	371	15	7	7	NUM
cblr-2902	371	16	cases	case	NOUN
cblr-2902	371	17	.	.	PUNCT
cblr-2902	372	1	liquidation	liquidation	NOUN
cblr-2902	372	2	value	value	NOUN
cblr-2902	372	3	depends	depend	VERB
cblr-2902	372	4	on	on	ADP
cblr-2902	372	5	an	an	DET
cblr-2902	372	6	appraisal	appraisal	NOUN
cblr-2902	372	7	of	of	ADP
cblr-2902	372	8	the	the	DET
cblr-2902	372	9	salable	salable	ADJ
cblr-2902	372	10	assets	asset	NOUN
cblr-2902	372	11	of	of	ADP
cblr-2902	372	12	the	the	DET
cblr-2902	372	13	debtor	debtor	NOUN
cblr-2902	372	14	.	.	PUNCT
cblr-2902	373	1	see	see	PROPN
cblr-2902	373	2	bernstein	bernstein	PROPN
cblr-2902	373	3	,	,	PUNCT
cblr-2902	373	4	seabury	seabury	PROPN
cblr-2902	373	5	&	&	CCONJ
cblr-2902	373	6	williams	williams	PROPN
cblr-2902	373	7	,	,	PUNCT
cblr-2902	373	8	supra	supra	PROPN
cblr-2902	373	9	note	note	PROPN
cblr-2902	373	10	57	57	NUM
cblr-2902	373	11	,	,	PUNCT
cblr-2902	373	12	at	at	ADP
cblr-2902	373	13	197	197	NUM
cblr-2902	373	14	.	.	PUNCT
cblr-2902	374	1	[	[	X
cblr-2902	374	2	vol	vol	NOUN
cblr-2902	374	3	.	.	PUNCT
cblr-2902	374	4	2011140	2011140	NUM
cblr-2902	374	5	col	col	PROPN
cblr-2902	374	6	umia	umia	PROPN
cblr-2902	374	7	b	b	PROPN
cblr-2902	374	8	usiness	usiness	PROPN
cblr-2902	374	9	la	la	PROPN
cblr-2902	374	10	w	w	PROPN
cblr-2902	374	11	re	re	PROPN
cblr-2902	374	12	vie	vie	PROPN
cblr-2902	374	13	w	w	PROPN
cblr-2902	374	14	unfortunately	unfortunately	ADV
cblr-2902	374	15	,	,	PUNCT
cblr-2902	374	16	however	however	ADV
cblr-2902	374	17	,	,	PUNCT
cblr-2902	374	18	there	there	PRON
cblr-2902	374	19	were	be	VERB
cblr-2902	374	20	several	several	ADJ
cblr-2902	374	21	different	different	ADJ
cblr-2902	374	22	methods	method	NOUN
cblr-2902	374	23	by	by	ADP
cblr-2902	374	24	which	which	PRON
cblr-2902	374	25	financial	financial	ADJ
cblr-2902	374	26	professionals	professional	NOUN
cblr-2902	374	27	measured	measure	VERB
cblr-2902	374	28	liquidity	liquidity	NOUN
cblr-2902	374	29	and	and	CCONJ
cblr-2902	374	30	valued	value	VERB
cblr-2902	374	31	companies	company	NOUN
cblr-2902	374	32	,	,	PUNCT
cblr-2902	374	33	"	"	PUNCT
cblr-2902	374	34	and	and	CCONJ
cblr-2902	374	35	new	new	ADJ
cblr-2902	374	36	questions	question	NOUN
cblr-2902	374	37	emerged	emerge	VERB
cblr-2902	374	38	about	about	ADP
cblr-2902	374	39	the	the	DET
cblr-2902	374	40	relative	relative	ADJ
cblr-2902	374	41	weight	weight	NOUN
cblr-2902	374	42	that	that	PRON
cblr-2902	374	43	should	should	AUX
cblr-2902	374	44	be	be	AUX
cblr-2902	374	45	assigned	assign	VERB
cblr-2902	374	46	to	to	ADP
cblr-2902	374	47	each	each	PRON
cblr-2902	374	48	of	of	ADP
cblr-2902	374	49	these	these	DET
cblr-2902	374	50	methodologies	methodology	NOUN
cblr-2902	374	51	.	.	PUNCT
cblr-2902	375	1	in	in	ADP
cblr-2902	375	2	effect	effect	NOUN
cblr-2902	375	3	,	,	PUNCT
cblr-2902	375	4	uncertainty	uncertainty	NOUN
cblr-2902	375	5	regarding	regard	VERB
cblr-2902	375	6	the	the	DET
cblr-2902	375	7	weighting	weighting	NOUN
cblr-2902	375	8	and	and	CCONJ
cblr-2902	375	9	combination	combination	NOUN
cblr-2902	375	10	of	of	ADP
cblr-2902	375	11	badges	badge	NOUN
cblr-2902	375	12	of	of	ADP
cblr-2902	375	13	fraud	fraud	NOUN
cblr-2902	375	14	that	that	PRON
cblr-2902	375	15	collectively	collectively	ADV
cblr-2902	375	16	suggested	suggest	VERB
cblr-2902	375	17	fraudulent	fraudulent	ADJ
cblr-2902	375	18	intent	intent	NOUN
cblr-2902	375	19	was	be	AUX
cblr-2902	375	20	replaced	replace	VERB
cblr-2902	375	21	with	with	ADP
cblr-2902	375	22	uncertainty	uncertainty	NOUN
cblr-2902	375	23	regarding	regard	VERB
cblr-2902	375	24	the	the	DET
cblr-2902	375	25	weighting	weighting	NOUN
cblr-2902	375	26	and	and	CCONJ
cblr-2902	375	27	combination	combination	NOUN
cblr-2902	375	28	of	of	ADP
cblr-2902	375	29	financial	financial	ADJ
cblr-2902	375	30	measurements	measurement	NOUN
cblr-2902	375	31	that	that	PRON
cblr-2902	375	32	collectively	collectively	ADV
cblr-2902	375	33	suggested	suggest	VERB
cblr-2902	375	34	insolvency	insolvency	NOUN
cblr-2902	375	35	or	or	CCONJ
cblr-2902	375	36	inadequate	inadequate	ADJ
cblr-2902	375	37	capitalization.60	capitalization.60	PROPN
cblr-2902	375	38	d.	d.	PROPN
cblr-2902	375	39	dependence	dependence	NOUN
cblr-2902	375	40	on	on	ADP
cblr-2902	375	41	financial	financial	ADJ
cblr-2902	375	42	experts	expert	NOUN
cblr-2902	375	43	increased	increase	VERB
cblr-2902	375	44	costs	cost	NOUN
cblr-2902	375	45	and	and	CCONJ
cblr-2902	375	46	arbitrariness	arbitrariness	NOUN
cblr-2902	375	47	in	in	ADP
cblr-2902	375	48	addition	addition	NOUN
cblr-2902	375	49	,	,	PUNCT
cblr-2902	375	50	the	the	DET
cblr-2902	375	51	methods	method	NOUN
cblr-2902	375	52	of	of	ADP
cblr-2902	375	53	financial	financial	ADJ
cblr-2902	375	54	analysis	analysis	NOUN
cblr-2902	375	55	themselves	themselves	PRON
cblr-2902	375	56	,	,	PUNCT
cblr-2902	375	57	though	though	SCONJ
cblr-2902	375	58	quantitative	quantitative	ADJ
cblr-2902	375	59	,	,	PUNCT
cblr-2902	375	60	largely	largely	ADV
cblr-2902	375	61	depend	depend	VERB
cblr-2902	375	62	on	on	ADP
cblr-2902	375	63	subjective	subjective	ADJ
cblr-2902	375	64	judgments.6	judgments.6	PROPN
cblr-2902	375	65	'	'	PUNCT
cblr-2902	375	66	although	although	SCONJ
cblr-2902	375	67	investors	investor	NOUN
cblr-2902	375	68	can	can	AUX
cblr-2902	375	69	legitimately	legitimately	ADV
cblr-2902	375	70	disagree	disagree	VERB
cblr-2902	375	71	5	5	NUM
cblr-2902	375	72	see	see	NOUN
cblr-2902	375	73	bernstein	bernstein	PROPN
cblr-2902	375	74	,	,	PUNCT
cblr-2902	375	75	seabury	seabury	PROPN
cblr-2902	375	76	&	&	CCONJ
cblr-2902	375	77	williams	williams	PROPN
cblr-2902	375	78	,	,	PUNCT
cblr-2902	375	79	supra	supra	PROPN
cblr-2902	375	80	note	note	PROPN
cblr-2902	375	81	57	57	NUM
cblr-2902	375	82	,	,	PUNCT
cblr-2902	375	83	at	at	ADP
cblr-2902	375	84	172	172	NUM
cblr-2902	375	85	-	-	SYM
cblr-2902	375	86	74	74	NUM
cblr-2902	375	87	.	.	PUNCT
cblr-2902	376	1	compare	compare	VERB
cblr-2902	376	2	lippe	lippe	PROPN
cblr-2902	376	3	v.	v.	PROPN
cblr-2902	376	4	bairnco	bairnco	PROPN
cblr-2902	376	5	corp	corp	PROPN
cblr-2902	376	6	.	.	PROPN
cblr-2902	376	7	,	,	PUNCT
cblr-2902	376	8	288	288	NUM
cblr-2902	376	9	b.r	b.r	PROPN
cblr-2902	376	10	.	.	PROPN
cblr-2902	376	11	678	678	NUM
cblr-2902	376	12	,	,	PUNCT
cblr-2902	376	13	689	689	NUM
cblr-2902	376	14	-	-	SYM
cblr-2902	376	15	90	90	NUM
cblr-2902	376	16	,	,	PUNCT
cblr-2902	376	17	710	710	NUM
cblr-2902	376	18	(	(	PUNCT
cblr-2902	376	19	s.d.n.y	s.d.n.y	PROPN
cblr-2902	376	20	.	.	PROPN
cblr-2902	376	21	2003	2003	NUM
cblr-2902	376	22	)	)	PUNCT
cblr-2902	376	23	(	(	PUNCT
cblr-2902	376	24	finding	find	VERB
cblr-2902	376	25	that	that	DET
cblr-2902	376	26	dcf	dcf	PROPN
cblr-2902	376	27	is	be	AUX
cblr-2902	376	28	a	a	DET
cblr-2902	376	29	significant	significant	ADJ
cblr-2902	376	30	component	component	NOUN
cblr-2902	376	31	of	of	ADP
cblr-2902	376	32	the	the	DET
cblr-2902	376	33	industry	industry	NOUN
cblr-2902	376	34	standard	standard	NOUN
cblr-2902	376	35	for	for	ADP
cblr-2902	376	36	valuation	valuation	NOUN
cblr-2902	376	37	and	and	CCONJ
cblr-2902	376	38	rejecting	reject	VERB
cblr-2902	376	39	expert	expert	ADJ
cblr-2902	376	40	testimony	testimony	NOUN
cblr-2902	376	41	that	that	PRON
cblr-2902	376	42	included	include	VERB
cblr-2902	376	43	guideline	guideline	NOUN
cblr-2902	376	44	company	company	NOUN
cblr-2902	376	45	analysis	analysis	NOUN
cblr-2902	376	46	but	but	CCONJ
cblr-2902	376	47	not	not	PART
cblr-2902	376	48	dcf	dcf	VERB
cblr-2902	376	49	analysis	analysis	NOUN
cblr-2902	376	50	)	)	PUNCT
cblr-2902	376	51	,	,	PUNCT
cblr-2902	376	52	cnb	cnb	PROPN
cblr-2902	376	53	int'l	int'l	PROPN
cblr-2902	376	54	,	,	PUNCT
cblr-2902	376	55	inc	inc	PROPN
cblr-2902	376	56	.	.	PROPN
cblr-2902	377	1	v.	v.	ADP
cblr-2902	377	2	kelleher	kelleher	PROPN
cblr-2902	377	3	(	(	PUNCT
cblr-2902	377	4	in	in	ADP
cblr-2902	377	5	re	re	PROPN
cblr-2902	377	6	cnb	cnb	PROPN
cblr-2902	377	7	int'l	int'l	PROPN
cblr-2902	377	8	,	,	PUNCT
cblr-2902	377	9	inc	inc	PROPN
cblr-2902	377	10	.	.	PROPN
cblr-2902	377	11	)	)	PUNCT
cblr-2902	377	12	,	,	PUNCT
cblr-2902	377	13	393	393	NUM
cblr-2902	377	14	b.r	b.r	PROPN
cblr-2902	377	15	.	.	PROPN
cblr-2902	377	16	306	306	NUM
cblr-2902	377	17	,	,	PUNCT
cblr-2902	377	18	323	323	NUM
cblr-2902	377	19	(	(	PUNCT
cblr-2902	377	20	bankr	bankr	PROPN
cblr-2902	377	21	.	.	PUNCT
cblr-2902	378	1	w.d.n.y	w.d.n.y	PROPN
cblr-2902	378	2	.	.	NOUN
cblr-2902	378	3	2008	2008	NUM
cblr-2902	378	4	)	)	PUNCT
cblr-2902	379	1	(	(	PUNCT
cblr-2902	379	2	noting	note	VERB
cblr-2902	379	3	that	that	SCONJ
cblr-2902	379	4	courts	court	NOUN
cblr-2902	379	5	should	should	AUX
cblr-2902	379	6	"	"	PUNCT
cblr-2902	379	7	rely	rely	VERB
cblr-2902	379	8	primarily	primarily	ADV
cblr-2902	379	9	on	on	ADP
cblr-2902	379	10	the	the	DET
cblr-2902	379	11	discounted	discount	VERB
cblr-2902	379	12	cash	cash	NOUN
cblr-2902	379	13	flow	flow	NOUN
cblr-2902	379	14	method	method	NOUN
cblr-2902	379	15	"	"	PUNCT
cblr-2902	379	16	)	)	PUNCT
cblr-2902	379	17	,	,	PUNCT
cblr-2902	379	18	and	and	CCONJ
cblr-2902	379	19	in	in	ADP
cblr-2902	379	20	re	re	X
cblr-2902	379	21	med	med	ADJ
cblr-2902	379	22	diversified	diversify	VERB
cblr-2902	379	23	,	,	PUNCT
cblr-2902	379	24	inc	inc	PROPN
cblr-2902	379	25	.	.	PROPN
cblr-2902	379	26	,	,	PUNCT
cblr-2902	379	27	346	346	NUM
cblr-2902	379	28	b.r	b.r	PROPN
cblr-2902	379	29	.	.	PROPN
cblr-2902	379	30	621	621	NUM
cblr-2902	379	31	(	(	PUNCT
cblr-2902	379	32	bankr	bankr	PROPN
cblr-2902	379	33	.	.	PUNCT
cblr-2902	380	1	e.d.n.y	e.d.n.y	PROPN
cblr-2902	380	2	.	.	NOUN
cblr-2902	380	3	2006	2006	NUM
cblr-2902	380	4	)	)	PUNCT
cblr-2902	381	1	(	(	PUNCT
cblr-2902	381	2	rejecting	reject	VERB
cblr-2902	381	3	expert	expert	ADJ
cblr-2902	381	4	testimony	testimony	NOUN
cblr-2902	381	5	that	that	PRON
cblr-2902	381	6	did	do	AUX
cblr-2902	381	7	not	not	PART
cblr-2902	381	8	include	include	VERB
cblr-2902	381	9	dcf	dcf	PROPN
cblr-2902	381	10	analysis	analysis	NOUN
cblr-2902	381	11	)	)	PUNCT
cblr-2902	381	12	,	,	PUNCT
cblr-2902	381	13	with	with	ADP
cblr-2902	381	14	in	in	ADP
cblr-2902	381	15	re	re	X
cblr-2902	381	16	morris	morris	PROPN
cblr-2902	381	17	commc'ns	commc'ns	PROPN
cblr-2902	381	18	nc	nc	PROPN
cblr-2902	381	19	,	,	PUNCT
cblr-2902	381	20	inc	inc	PROPN
cblr-2902	381	21	.	.	PROPN
cblr-2902	381	22	,	,	PUNCT
cblr-2902	381	23	914	914	NUM
cblr-2902	381	24	f.2d	f.2d	ADP
cblr-2902	381	25	458	458	NUM
cblr-2902	381	26	,	,	PUNCT
cblr-2902	381	27	469	469	NUM
cblr-2902	381	28	(	(	PUNCT
cblr-2902	381	29	4th	4th	ADJ
cblr-2902	381	30	cir	cir	NOUN
cblr-2902	381	31	.	.	PROPN
cblr-2902	381	32	1990	1990	NUM
cblr-2902	381	33	)	)	PUNCT
cblr-2902	381	34	(	(	PUNCT
cblr-2902	381	35	"	"	PUNCT
cblr-2902	381	36	it	it	PRON
cblr-2902	381	37	has	have	AUX
cblr-2902	381	38	been	be	AUX
cblr-2902	381	39	often	often	ADV
cblr-2902	381	40	declared	declare	VERB
cblr-2902	381	41	by	by	ADP
cblr-2902	381	42	the	the	DET
cblr-2902	381	43	courts	court	NOUN
cblr-2902	381	44	that	that	SCONJ
cblr-2902	381	45	the	the	DET
cblr-2902	381	46	method	method	NOUN
cblr-2902	381	47	of	of	ADP
cblr-2902	381	48	'	'	PUNCT
cblr-2902	381	49	comparable	comparable	ADJ
cblr-2902	381	50	sales	sale	NOUN
cblr-2902	381	51	'	'	PUNCT
cblr-2902	381	52	in	in	ADP
cblr-2902	381	53	the	the	DET
cblr-2902	381	54	relevant	relevant	ADJ
cblr-2902	381	55	time	time	NOUN
cblr-2902	381	56	frame	frame	NOUN
cblr-2902	381	57	is	be	AUX
cblr-2902	381	58	more	more	ADV
cblr-2902	381	59	appropriate	appropriate	ADJ
cblr-2902	381	60	than	than	ADP
cblr-2902	381	61	any	any	DET
cblr-2902	381	62	other	other	ADJ
cblr-2902	381	63	method	method	NOUN
cblr-2902	381	64	in	in	ADP
cblr-2902	381	65	determining	determine	VERB
cblr-2902	381	66	market	market	NOUN
cblr-2902	381	67	value	value	NOUN
cblr-2902	381	68	of	of	ADP
cblr-2902	381	69	the	the	DET
cblr-2902	381	70	property	property	NOUN
cblr-2902	381	71	taken	take	VERB
cblr-2902	381	72	.	.	PUNCT
cblr-2902	381	73	"	"	PUNCT
cblr-2902	381	74	)	)	PUNCT
cblr-2902	381	75	(	(	PUNCT
cblr-2902	381	76	internal	internal	ADJ
cblr-2902	381	77	quotations	quotation	NOUN
cblr-2902	381	78	omitted	omit	VERB
cblr-2902	381	79	)	)	PUNCT
cblr-2902	381	80	,	,	PUNCT
cblr-2902	381	81	peltz	peltz	PROPN
cblr-2902	381	82	v.	v.	PROPN
cblr-2902	381	83	hatten	hatten	PROPN
cblr-2902	381	84	(	(	PUNCT
cblr-2902	381	85	in	in	ADP
cblr-2902	381	86	re	re	X
cblr-2902	381	87	usn	usn	PROPN
cblr-2902	381	88	commc'ns	commc'ns	PROPN
cblr-2902	381	89	,	,	PUNCT
cblr-2902	381	90	inc	inc	PROPN
cblr-2902	381	91	.	.	PROPN
cblr-2902	381	92	)	)	PUNCT
cblr-2902	381	93	,	,	PUNCT
cblr-2902	381	94	279	279	NUM
cblr-2902	381	95	b.r	b.r	PROPN
cblr-2902	381	96	.	.	PROPN
cblr-2902	381	97	710	710	NUM
cblr-2902	381	98	,	,	PUNCT
cblr-2902	381	99	737	737	NUM
cblr-2902	381	100	-	-	SYM
cblr-2902	381	101	38	38	NUM
cblr-2902	381	102	(	(	PUNCT
cblr-2902	381	103	d.	d.	PROPN
cblr-2902	381	104	del	del	PROPN
cblr-2902	381	105	.	.	PROPN
cblr-2902	381	106	2002	2002	NUM
cblr-2902	381	107	)	)	PUNCT
cblr-2902	381	108	(	(	PUNCT
cblr-2902	381	109	finding	find	VERB
cblr-2902	381	110	that	that	DET
cblr-2902	381	111	dcf	dcf	PROPN
cblr-2902	381	112	was	be	AUX
cblr-2902	381	113	far	far	ADV
cblr-2902	381	114	less	less	ADV
cblr-2902	381	115	reliable	reliable	ADJ
cblr-2902	381	116	than	than	ADP
cblr-2902	381	117	the	the	DET
cblr-2902	381	118	similar	similar	ADJ
cblr-2902	381	119	transaction	transaction	NOUN
cblr-2902	381	120	method	method	NOUN
cblr-2902	381	121	of	of	ADP
cblr-2902	381	122	valuation	valuation	NOUN
cblr-2902	381	123	because	because	SCONJ
cblr-2902	381	124	dcf	dcf	PROPN
cblr-2902	381	125	depended	depend	VERB
cblr-2902	381	126	on	on	ADP
cblr-2902	381	127	too	too	ADV
cblr-2902	381	128	many	many	ADJ
cblr-2902	381	129	subjective	subjective	ADJ
cblr-2902	381	130	adjustments	adjustment	NOUN
cblr-2902	381	131	)	)	PUNCT
cblr-2902	381	132	,	,	PUNCT
cblr-2902	381	133	and	and	CCONJ
cblr-2902	381	134	vfb	vfb	PROPN
cblr-2902	381	135	v.	v.	PROPN
cblr-2902	381	136	campbell	campbell	PROPN
cblr-2902	381	137	soup	soup	PROPN
cblr-2902	381	138	co.	co.	PROPN
cblr-2902	381	139	,	,	PUNCT
cblr-2902	381	140	482	482	NUM
cblr-2902	381	141	f.3d	f.3d	NUM
cblr-2902	381	142	624	624	NUM
cblr-2902	381	143	,	,	PUNCT
cblr-2902	381	144	633	633	NUM
cblr-2902	381	145	(	(	PUNCT
cblr-2902	381	146	3d	3d	NUM
cblr-2902	381	147	cir	cir	NOUN
cblr-2902	381	148	.	.	PROPN
cblr-2902	381	149	2007	2007	NUM
cblr-2902	381	150	)	)	PUNCT
cblr-2902	381	151	(	(	PUNCT
cblr-2902	381	152	rejecting	reject	VERB
cblr-2902	381	153	dcf	dcf	NOUN
cblr-2902	381	154	and	and	CCONJ
cblr-2902	381	155	finding	find	VERB
cblr-2902	381	156	that	that	SCONJ
cblr-2902	381	157	"	"	PUNCT
cblr-2902	381	158	[	[	X
cblr-2902	381	159	t]o	t]o	ADP
cblr-2902	381	160	the	the	DET
cblr-2902	381	161	extent	extent	NOUN
cblr-2902	381	162	that	that	SCONJ
cblr-2902	381	163	the	the	DET
cblr-2902	381	164	experts	expert	NOUN
cblr-2902	381	165	purport	purport	VERB
cblr-2902	381	166	to	to	PART
cblr-2902	381	167	measure	measure	VERB
cblr-2902	381	168	actual	actual	ADJ
cblr-2902	381	169	post-[transaction	post-[transaction	NOUN
cblr-2902	381	170	]	]	PUNCT
cblr-2902	381	171	performance	performance	NOUN
cblr-2902	381	172	,	,	PUNCT
cblr-2902	381	173	as	as	ADP
cblr-2902	381	174	by	by	ADV
cblr-2902	381	175	,	,	PUNCT
cblr-2902	381	176	for	for	ADP
cblr-2902	381	177	example	example	NOUN
cblr-2902	381	178	,	,	PUNCT
cblr-2902	381	179	discounted	discount	VERB
cblr-2902	381	180	cash	cash	NOUN
cblr-2902	381	181	flow	flow	NOUN
cblr-2902	381	182	analysis	analysis	NOUN
cblr-2902	381	183	,	,	PUNCT
cblr-2902	381	184	they	they	PRON
cblr-2902	381	185	are	be	AUX
cblr-2902	381	186	measuring	measure	VERB
cblr-2902	381	187	the	the	DET
cblr-2902	381	188	wrong	wrong	ADJ
cblr-2902	381	189	thing	thing	NOUN
cblr-2902	381	190	.	.	PUNCT
cblr-2902	382	1	to	to	ADP
cblr-2902	382	2	the	the	DET
cblr-2902	382	3	extent	extent	NOUN
cblr-2902	382	4	they	they	PRON
cblr-2902	382	5	purport	purport	VERB
cblr-2902	382	6	to	to	PART
cblr-2902	382	7	reconstruct	reconstruct	VERB
cblr-2902	382	8	a	a	DET
cblr-2902	382	9	reasonable	reasonable	ADJ
cblr-2902	382	10	valuation	valuation	NOUN
cblr-2902	382	11	of	of	ADP
cblr-2902	382	12	the	the	DET
cblr-2902	382	13	company	company	NOUN
cblr-2902	382	14	in	in	ADP
cblr-2902	382	15	light	light	NOUN
cblr-2902	382	16	of	of	ADP
cblr-2902	382	17	uncertain	uncertain	ADJ
cblr-2902	382	18	future	future	ADJ
cblr-2902	382	19	performance	performance	NOUN
cblr-2902	382	20	,	,	PUNCT
cblr-2902	382	21	they	they	PRON
cblr-2902	382	22	are	be	AUX
cblr-2902	382	23	using	use	VERB
cblr-2902	382	24	inapt	inapt	ADJ
cblr-2902	382	25	tools	tool	NOUN
cblr-2902	382	26	.	.	PUNCT
cblr-2902	383	1	"	"	PUNCT
cblr-2902	383	2	)	)	PUNCT
cblr-2902	383	3	.	.	PUNCT
cblr-2902	384	1	61	61	NUM
cblr-2902	384	2	tim	tim	PROPN
cblr-2902	384	3	koller	koller	PROPN
cblr-2902	384	4	,	,	PUNCT
cblr-2902	384	5	mark	mark	PROPN
cblr-2902	384	6	goedhart	goedhart	PROPN
cblr-2902	384	7	&	&	CCONJ
cblr-2902	384	8	david	david	PROPN
cblr-2902	384	9	wessels	wessels	PROPN
cblr-2902	384	10	,	,	PUNCT
cblr-2902	384	11	valuation	valuation	NOUN
cblr-2902	384	12	measuring	measuring	NOUN
cblr-2902	384	13	and	and	CCONJ
cblr-2902	384	14	managing	manage	VERB
cblr-2902	384	15	the	the	DET
cblr-2902	384	16	value	value	NOUN
cblr-2902	384	17	of	of	ADP
cblr-2902	384	18	companies	company	NOUN
cblr-2902	384	19	355	355	NUM
cblr-2902	384	20	(	(	PUNCT
cblr-2902	384	21	4th	4th	ADJ
cblr-2902	384	22	ed	ed	NOUN
cblr-2902	384	23	.	.	PROPN
cblr-2902	384	24	2005	2005	NUM
cblr-2902	384	25	)	)	PUNCT
cblr-2902	384	26	;	;	PUNCT
cblr-2902	384	27	no	no	INTJ
cblr-2902	384	28	.	.	NOUN
cblr-2902	384	29	1	1	NUM
cblr-2902	384	30	:	:	SYM
cblr-2902	384	31	1181	1181	NUM
cblr-2902	384	32	le	le	X
cblr-2902	384	33	vera	vera	NOUN
cblr-2902	384	34	ged	ge	VERB
cblr-2902	384	35	buyo	buyo	NOUN
cblr-2902	384	36	ut	ut	PROPN
cblr-2902	384	37	bankr	bankr	PROPN
cblr-2902	384	38	uptcies	uptcie	NOUN
cblr-2902	384	39	141	141	NUM
cblr-2902	384	40	coluambia	coluambia	NOUN
cblr-2902	384	41	business	business	NOUN
cblr-2902	384	42	la	la	PROPN
cblr-2902	384	43	w	w	PROPN
cblr-2902	384	44	review	review	NOUN
cblr-2902	384	45	with	with	ADP
cblr-2902	384	46	each	each	DET
cblr-2902	384	47	other	other	ADJ
cblr-2902	384	48	about	about	ADP
cblr-2902	384	49	questions	question	NOUN
cblr-2902	384	50	of	of	ADP
cblr-2902	384	51	value,6	value,6	ADJ
cblr-2902	384	52	2	2	NUM
cblr-2902	384	53	in	in	ADP
cblr-2902	384	54	the	the	DET
cblr-2902	384	55	context	context	NOUN
cblr-2902	384	56	of	of	ADP
cblr-2902	384	57	high	high	ADJ
cblr-2902	384	58	stakes	stake	NOUN
cblr-2902	384	59	litigation	litigation	NOUN
cblr-2902	384	60	,	,	PUNCT
cblr-2902	384	61	experts	expert	NOUN
cblr-2902	384	62	who	who	PRON
cblr-2902	384	63	are	be	AUX
cblr-2902	384	64	motivated	motivated	ADJ
cblr-2902	384	65	to	to	PART
cblr-2902	384	66	serve	serve	VERB
cblr-2902	384	67	the	the	DET
cblr-2902	384	68	interest	interest	NOUN
cblr-2902	384	69	of	of	ADP
cblr-2902	384	70	the	the	DET
cblr-2902	384	71	parties	party	NOUN
cblr-2902	384	72	who	who	PRON
cblr-2902	384	73	pay	pay	VERB
cblr-2902	384	74	their	their	PRON
cblr-2902	384	75	fees63	fees63	NOUN
cblr-2902	384	76	often	often	ADV
cblr-2902	384	77	come	come	VERB
cblr-2902	384	78	to	to	ADP
cblr-2902	384	79	starkly	starkly	ADV
cblr-2902	384	80	different	different	ADJ
cblr-2902	384	81	and	and	CCONJ
cblr-2902	384	82	blatantly	blatantly	ADV
cblr-2902	384	83	self	self	NOUN
cblr-2902	384	84	-	-	PUNCT
cblr-2902	384	85	serving	serve	VERB
cblr-2902	384	86	conclusions	conclusion	NOUN
cblr-2902	384	87	.	.	PUNCT
cblr-2902	384	88	'	'	PUNCT
cblr-2902	385	1	iridium	iridium	PROPN
cblr-2902	385	2	capital	capital	PROPN
cblr-2902	385	3	corp	corp	PROPN
cblr-2902	385	4	.	.	PROPN
cblr-2902	385	5	v.	v.	PROPN
cblr-2902	385	6	motorola	motorola	PROPN
cblr-2902	385	7	,	,	PUNCT
cblr-2902	385	8	inc	inc	PROPN
cblr-2902	385	9	.	.	PROPN
cblr-2902	385	10	(	(	PUNCT
cblr-2902	385	11	in	in	ADP
cblr-2902	385	12	re	re	PUNCT
cblr-2902	385	13	iridium	iridium	NOUN
cblr-2902	385	14	operating	operating	PROPN
cblr-2902	385	15	llc	llc	PROPN
cblr-2902	385	16	)	)	PUNCT
cblr-2902	385	17	,	,	PUNCT
cblr-2902	385	18	373	373	NUM
cblr-2902	385	19	b.r	b.r	PROPN
cblr-2902	385	20	.	.	PROPN
cblr-2902	385	21	283	283	NUM
cblr-2902	385	22	,	,	PUNCT
cblr-2902	385	23	347	347	NUM
cblr-2902	385	24	-	-	SYM
cblr-2902	385	25	48	48	NUM
cblr-2902	385	26	(	(	PUNCT
cblr-2902	385	27	bankr	bankr	PROPN
cblr-2902	385	28	.	.	PUNCT
cblr-2902	386	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	386	2	.	.	PROPN
cblr-2902	386	3	2007	2007	NUM
cblr-2902	386	4	)	)	PUNCT
cblr-2902	387	1	;	;	PUNCT
cblr-2902	387	2	peltz	peltz	NOUN
cblr-2902	387	3	,	,	PUNCT
cblr-2902	387	4	279	279	NUM
cblr-2902	387	5	b.r	b.r	PROPN
cblr-2902	387	6	.	.	PROPN
cblr-2902	387	7	at	at	ADP
cblr-2902	387	8	737	737	NUM
cblr-2902	387	9	-	-	SYM
cblr-2902	387	10	38	38	NUM
cblr-2902	387	11	(	(	PUNCT
cblr-2902	387	12	discussing	discuss	VERB
cblr-2902	387	13	subjectivity	subjectivity	NOUN
cblr-2902	387	14	of	of	ADP
cblr-2902	387	15	dcf	dcf	PROPN
cblr-2902	387	16	analysis	analysis	NOUN
cblr-2902	387	17	)	)	PUNCT
cblr-2902	387	18	;	;	PUNCT
cblr-2902	387	19	global	global	ADJ
cblr-2902	387	20	gt	gt	PROPN
cblr-2902	387	21	lp	lp	PROPN
cblr-2902	387	22	v.	v.	ADP
cblr-2902	387	23	golden	golden	ADJ
cblr-2902	387	24	telecom	telecom	PROPN
cblr-2902	387	25	,	,	PUNCT
cblr-2902	387	26	inc	inc	PROPN
cblr-2902	387	27	.	.	PROPN
cblr-2902	387	28	,	,	PUNCT
cblr-2902	387	29	993	993	NUM
cblr-2902	387	30	a.2d	a.2d	SYM
cblr-2902	387	31	497	497	NUM
cblr-2902	387	32	,	,	PUNCT
cblr-2902	387	33	497	497	NUM
cblr-2902	387	34	(	(	PUNCT
cblr-2902	387	35	del	del	PROPN
cblr-2902	387	36	.	.	PROPN
cblr-2902	387	37	ch	ch	PROPN
cblr-2902	387	38	.	.	PROPN
cblr-2902	387	39	2010	2010	NUM
cblr-2902	387	40	)	)	PUNCT
cblr-2902	387	41	(	(	PUNCT
cblr-2902	387	42	"	"	PUNCT
cblr-2902	387	43	[	[	X
cblr-2902	387	44	t]he	t]he	ADV
cblr-2902	387	45	outcome	outcome	NOUN
cblr-2902	387	46	of	of	ADP
cblr-2902	387	47	[	[	X
cblr-2902	387	48	an	an	X
cblr-2902	387	49	]	]	X
cblr-2902	387	50	appraisal	appraisal	NOUN
cblr-2902	387	51	proceeding	proceeding	NOUN
cblr-2902	387	52	largely	largely	ADV
cblr-2902	387	53	depends	depend	VERB
cblr-2902	387	54	on	on	ADP
cblr-2902	387	55	[	[	X
cblr-2902	387	56	the	the	DET
cblr-2902	387	57	court	court	NOUN
cblr-2902	387	58	's	's	PART
cblr-2902	387	59	]	]	PUNCT
cblr-2902	387	60	acceptance	acceptance	NOUN
cblr-2902	387	61	,	,	PUNCT
cblr-2902	387	62	rejection	rejection	NOUN
cblr-2902	387	63	,	,	PUNCT
cblr-2902	387	64	or	or	CCONJ
cblr-2902	387	65	modification	modification	NOUN
cblr-2902	387	66	of	of	ADP
cblr-2902	387	67	the	the	DET
cblr-2902	387	68	views	view	NOUN
cblr-2902	387	69	of	of	ADP
cblr-2902	387	70	the	the	DET
cblr-2902	387	71	parties	party	NOUN
cblr-2902	387	72	'	'	PART
cblr-2902	387	73	valuation	valuation	NOUN
cblr-2902	387	74	experts	expert	NOUN
cblr-2902	387	75	.	.	PUNCT
cblr-2902	387	76	"	"	PUNCT
cblr-2902	387	77	)	)	PUNCT
cblr-2902	387	78	;	;	PUNCT
cblr-2902	387	79	jpmorgan	jpmorgan	PROPN
cblr-2902	387	80	chase	chase	PROPN
cblr-2902	387	81	bank	bank	PROPN
cblr-2902	387	82	,	,	PUNCT
cblr-2902	387	83	n.a	n.a	PROPN
cblr-2902	387	84	.	.	PROPN
cblr-2902	388	1	v.	v.	ADP
cblr-2902	388	2	charter	charter	NOUN
cblr-2902	388	3	commc'ns	commc'ns	NOUN
cblr-2902	388	4	operating	operating	NOUN
cblr-2902	388	5	,	,	PUNCT
cblr-2902	388	6	llc	llc	PROPN
cblr-2902	388	7	(	(	PUNCT
cblr-2902	388	8	in	in	ADP
cblr-2902	388	9	re	re	X
cblr-2902	388	10	charter	charter	NOUN
cblr-2902	388	11	commc'ns	commc'ns	NOUN
cblr-2902	388	12	)	)	PUNCT
cblr-2902	388	13	,	,	PUNCT
cblr-2902	388	14	419	419	NUM
cblr-2902	388	15	b.r	b.r	PROPN
cblr-2902	388	16	.	.	PROPN
cblr-2902	388	17	221	221	NUM
cblr-2902	388	18	,	,	PUNCT
cblr-2902	388	19	236	236	NUM
cblr-2902	388	20	(	(	PUNCT
cblr-2902	388	21	bankr	bankr	PROPN
cblr-2902	388	22	.	.	PUNCT
cblr-2902	389	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	389	2	.	.	PROPN
cblr-2902	389	3	2009	2009	NUM
cblr-2902	389	4	)	)	PUNCT
cblr-2902	389	5	(	(	PUNCT
cblr-2902	389	6	"	"	PUNCT
cblr-2902	389	7	[	[	X
cblr-2902	389	8	vlaluation	vlaluation	NOUN
cblr-2902	389	9	is	be	AUX
cblr-2902	389	10	a	a	DET
cblr-2902	389	11	malleable	malleable	ADJ
cblr-2902	389	12	concept	concept	NOUN
cblr-2902	389	13	,	,	PUNCT
cblr-2902	389	14	tough	tough	ADJ
cblr-2902	389	15	to	to	PART
cblr-2902	389	16	measure	measure	VERB
cblr-2902	389	17	and	and	CCONJ
cblr-2902	389	18	tougher	tough	ADJ
cblr-2902	389	19	to	to	PART
cblr-2902	389	20	pin	pin	VERB
cblr-2902	389	21	down	down	ADP
cblr-2902	389	22	without	without	ADP
cblr-2902	389	23	a	a	DET
cblr-2902	389	24	host	host	NOUN
cblr-2902	389	25	of	of	ADP
cblr-2902	389	26	explanations	explanation	NOUN
cblr-2902	389	27	,	,	PUNCT
cblr-2902	389	28	sensitivities	sensitivity	NOUN
cblr-2902	389	29	and	and	CCONJ
cblr-2902	389	30	qualifiers	qualifier	NOUN
cblr-2902	389	31	.	.	PUNCT
cblr-2902	390	1	because	because	SCONJ
cblr-2902	390	2	point	point	NOUN
cblr-2902	390	3	of	of	ADP
cblr-2902	390	4	view	view	NOUN
cblr-2902	390	5	is	be	AUX
cblr-2902	390	6	an	an	DET
cblr-2902	390	7	important	important	ADJ
cblr-2902	390	8	part	part	NOUN
cblr-2902	390	9	of	of	ADP
cblr-2902	390	10	the	the	DET
cblr-2902	390	11	process	process	NOUN
cblr-2902	390	12	,	,	PUNCT
cblr-2902	390	13	outcomes	outcome	NOUN
cblr-2902	390	14	are	be	AUX
cblr-2902	390	15	also	also	ADV
cblr-2902	390	16	highly	highly	ADV
cblr-2902	390	17	dependent	dependent	ADJ
cblr-2902	390	18	on	on	ADP
cblr-2902	390	19	the	the	DET
cblr-2902	390	20	perspectives	perspective	NOUN
cblr-2902	390	21	and	and	CCONJ
cblr-2902	390	22	biases	bias	NOUN
cblr-2902	390	23	of	of	ADP
cblr-2902	390	24	those	those	PRON
cblr-2902	390	25	doing	do	VERB
cblr-2902	390	26	the	the	DET
cblr-2902	390	27	measuring	measuring	NOUN
cblr-2902	390	28	.	.	PUNCT
cblr-2902	391	1	when	when	SCONJ
cblr-2902	391	2	it	it	PRON
cblr-2902	391	3	comes	come	VERB
cblr-2902	391	4	to	to	ADP
cblr-2902	391	5	valuation	valuation	NOUN
cblr-2902	391	6	,	,	PUNCT
cblr-2902	391	7	there	there	PRON
cblr-2902	391	8	is	be	VERB
cblr-2902	391	9	no	no	DET
cblr-2902	391	10	revealed	reveal	VERB
cblr-2902	391	11	,	,	PUNCT
cblr-2902	391	12	objectively	objectively	ADV
cblr-2902	391	13	verifiable	verifiable	ADJ
cblr-2902	391	14	truth	truth	NOUN
cblr-2902	391	15	.	.	PUNCT
cblr-2902	392	1	values	value	NOUN
cblr-2902	392	2	can	can	AUX
cblr-2902	392	3	and	and	CCONJ
cblr-2902	392	4	do	do	AUX
cblr-2902	392	5	vary	vary	VERB
cblr-2902	392	6	,	,	PUNCT
cblr-2902	392	7	and	and	CCONJ
cblr-2902	392	8	consistency	consistency	NOUN
cblr-2902	392	9	among	among	ADP
cblr-2902	392	10	valuation	valuation	NOUN
cblr-2902	392	11	experts	expert	NOUN
cblr-2902	392	12	is	be	AUX
cblr-2902	392	13	rare	rare	ADJ
cblr-2902	392	14	,	,	PUNCT
cblr-2902	392	15	especially	especially	ADV
cblr-2902	392	16	in	in	ADP
cblr-2902	392	17	the	the	DET
cblr-2902	392	18	context	context	NOUN
cblr-2902	392	19	of	of	ADP
cblr-2902	392	20	high	high	ADJ
cblr-2902	392	21	stakes	stake	NOUN
cblr-2902	392	22	litigation	litigation	NOUN
cblr-2902	392	23	.	.	PUNCT
cblr-2902	393	1	"	"	PUNCT
cblr-2902	393	2	)	)	PUNCT
cblr-2902	393	3	.	.	PUNCT
cblr-2902	394	1	bernstein	bernstein	PROPN
cblr-2902	394	2	,	,	PUNCT
cblr-2902	394	3	seabury	seabury	PROPN
cblr-2902	394	4	&	&	CCONJ
cblr-2902	394	5	williams	williams	PROPN
cblr-2902	394	6	,	,	PUNCT
cblr-2902	394	7	supra	supra	PROPN
cblr-2902	394	8	note	note	PROPN
cblr-2902	394	9	57	57	NUM
cblr-2902	394	10	,	,	PUNCT
cblr-2902	394	11	at	at	ADP
cblr-2902	394	12	171	171	NUM
cblr-2902	394	13	.	.	PUNCT
cblr-2902	395	1	62	62	NUM
cblr-2902	395	2	basic	basic	ADJ
cblr-2902	395	3	v.	v.	ADP
cblr-2902	395	4	levinson	levinson	PROPN
cblr-2902	395	5	,	,	PUNCT
cblr-2902	395	6	485	485	NUM
cblr-2902	395	7	u.s	u.s	PROPN
cblr-2902	395	8	.	.	PROPN
cblr-2902	395	9	224	224	NUM
cblr-2902	395	10	,	,	PUNCT
cblr-2902	395	11	246	246	NUM
cblr-2902	395	12	(	(	PUNCT
cblr-2902	395	13	1988	1988	NUM
cblr-2902	395	14	)	)	PUNCT
cblr-2902	395	15	(	(	PUNCT
cblr-2902	395	16	"	"	PUNCT
cblr-2902	395	17	the	the	DET
cblr-2902	395	18	idea	idea	NOUN
cblr-2902	395	19	of	of	ADP
cblr-2902	395	20	a	a	DET
cblr-2902	395	21	free	free	ADJ
cblr-2902	395	22	and	and	CCONJ
cblr-2902	395	23	open	open	ADJ
cblr-2902	395	24	public	public	ADJ
cblr-2902	395	25	market	market	NOUN
cblr-2902	395	26	is	be	AUX
cblr-2902	395	27	built	build	VERB
cblr-2902	395	28	upon	upon	SCONJ
cblr-2902	395	29	the	the	DET
cblr-2902	395	30	theory	theory	NOUN
cblr-2902	395	31	that	that	SCONJ
cblr-2902	395	32	competing	compete	VERB
cblr-2902	395	33	judgments	judgment	NOUN
cblr-2902	395	34	of	of	ADP
cblr-2902	395	35	buyers	buyer	NOUN
cblr-2902	395	36	and	and	CCONJ
cblr-2902	395	37	sellers	seller	NOUN
cblr-2902	395	38	as	as	ADP
cblr-2902	395	39	to	to	ADP
cblr-2902	395	40	the	the	DET
cblr-2902	395	41	fair	fair	ADJ
cblr-2902	395	42	price	price	NOUN
cblr-2902	395	43	of	of	ADP
cblr-2902	395	44	a	a	DET
cblr-2902	395	45	security	security	NOUN
cblr-2902	395	46	brings	bring	VERB
cblr-2902	395	47	.	.	PUNCT
cblr-2902	395	48	.	.	PUNCT
cblr-2902	395	49	.	.	PUNCT
cblr-2902	396	1	about	about	ADP
cblr-2902	396	2	a	a	DET
cblr-2902	396	3	situation	situation	NOUN
cblr-2902	396	4	where	where	SCONJ
cblr-2902	396	5	the	the	DET
cblr-2902	396	6	market	market	NOUN
cblr-2902	396	7	price	price	NOUN
cblr-2902	396	8	reflects	reflect	VERB
cblr-2902	396	9	as	as	ADV
cblr-2902	396	10	nearly	nearly	ADV
cblr-2902	396	11	as	as	ADP
cblr-2902	396	12	possible	possible	ADJ
cblr-2902	396	13	a	a	DET
cblr-2902	396	14	just	just	ADJ
cblr-2902	396	15	price	price	NOUN
cblr-2902	396	16	.	.	PUNCT
cblr-2902	396	17	"	"	PUNCT
cblr-2902	396	18	)	)	PUNCT
cblr-2902	396	19	(	(	PUNCT
cblr-2902	396	20	quoting	quote	VERB
cblr-2902	396	21	h.r	h.r	PROPN
cblr-2902	396	22	.	.	PROPN
cblr-2902	396	23	rep	rep	PROPN
cblr-2902	396	24	.	.	PROPN
cblr-2902	396	25	no	no	INTJ
cblr-2902	396	26	.	.	PUNCT
cblr-2902	397	1	73	73	NUM
cblr-2902	397	2	-	-	SYM
cblr-2902	397	3	1383	1383	NUM
cblr-2902	397	4	,	,	PUNCT
cblr-2902	397	5	at	at	ADP
cblr-2902	397	6	11	11	NUM
cblr-2902	397	7	(	(	PUNCT
cblr-2902	397	8	1934	1934	NUM
cblr-2902	397	9	)	)	PUNCT
cblr-2902	397	10	)	)	PUNCT
cblr-2902	397	11	.	.	PUNCT
cblr-2902	397	12	'	'	PUNCT
cblr-2902	398	1	as	as	SCONJ
cblr-2902	398	2	financial	financial	ADJ
cblr-2902	398	3	experts	expert	NOUN
cblr-2902	398	4	have	have	AUX
cblr-2902	398	5	become	become	VERB
cblr-2902	398	6	more	more	ADV
cblr-2902	398	7	influential	influential	ADJ
cblr-2902	398	8	,	,	PUNCT
cblr-2902	398	9	they	they	PRON
cblr-2902	398	10	have	have	AUX
cblr-2902	398	11	also	also	ADV
cblr-2902	398	12	become	become	VERB
cblr-2902	398	13	increasingly	increasingly	ADV
cblr-2902	398	14	expensive	expensive	ADJ
cblr-2902	398	15	.	.	PUNCT
cblr-2902	399	1	see	see	VERB
cblr-2902	399	2	lynn	lynn	PROPN
cblr-2902	399	3	m.	m.	PROPN
cblr-2902	399	4	lopucki	lopucki	PROPN
cblr-2902	399	5	&	&	CCONJ
cblr-2902	399	6	joseph	joseph	PROPN
cblr-2902	399	7	w.	w.	PROPN
cblr-2902	399	8	doherty	doherty	PROPN
cblr-2902	399	9	,	,	PUNCT
cblr-2902	399	10	rise	rise	NOUN
cblr-2902	399	11	of	of	ADP
cblr-2902	399	12	the	the	DET
cblr-2902	399	13	financial	financial	ADJ
cblr-2902	399	14	advisors	advisor	NOUN
cblr-2902	399	15	:	:	PUNCT
cblr-2902	399	16	an	an	DET
cblr-2902	399	17	empirical	empirical	ADJ
cblr-2902	399	18	study	study	NOUN
cblr-2902	399	19	of	of	ADP
cblr-2902	399	20	the	the	DET
cblr-2902	399	21	division	division	NOUN
cblr-2902	399	22	of	of	ADP
cblr-2902	399	23	professional	professional	ADJ
cblr-2902	399	24	fees	fee	NOUN
cblr-2902	399	25	in	in	ADP
cblr-2902	399	26	large	large	ADJ
cblr-2902	399	27	bankruptcies	bankruptcy	NOUN
cblr-2902	399	28	,	,	PUNCT
cblr-2902	399	29	82	82	NUM
cblr-2902	399	30	am	am	NOUN
cblr-2902	399	31	.	.	PUNCT
cblr-2902	400	1	bankr	bankr	PROPN
cblr-2902	400	2	.	.	PUNCT
cblr-2902	401	1	l.j	l.j	AUX
cblr-2902	401	2	.	.	PROPN
cblr-2902	401	3	141	141	NUM
cblr-2902	401	4	,	,	PUNCT
cblr-2902	401	5	142	142	NUM
cblr-2902	401	6	(	(	PUNCT
cblr-2902	401	7	2008	2008	NUM
cblr-2902	401	8	)	)	PUNCT
cblr-2902	401	9	(	(	PUNCT
cblr-2902	401	10	reporting	report	VERB
cblr-2902	401	11	that	that	SCONJ
cblr-2902	401	12	from	from	ADP
cblr-2902	401	13	1998	1998	NUM
cblr-2902	401	14	to	to	ADP
cblr-2902	401	15	2003	2003	NUM
cblr-2902	401	16	,	,	PUNCT
cblr-2902	401	17	fees	fee	NOUN
cblr-2902	401	18	of	of	ADP
cblr-2902	401	19	financial	financial	ADJ
cblr-2902	401	20	advisers	adviser	NOUN
cblr-2902	401	21	grew	grow	VERB
cblr-2902	401	22	at	at	ADP
cblr-2902	401	23	the	the	DET
cblr-2902	401	24	rate	rate	NOUN
cblr-2902	401	25	of	of	ADP
cblr-2902	401	26	about	about	ADV
cblr-2902	401	27	25	25	NUM
cblr-2902	401	28	%	%	NOUN
cblr-2902	401	29	per	per	ADP
cblr-2902	401	30	year	year	NOUN
cblr-2902	401	31	,	,	PUNCT
cblr-2902	401	32	whereas	whereas	SCONJ
cblr-2902	401	33	professional	professional	ADJ
cblr-2902	401	34	fees	fee	NOUN
cblr-2902	401	35	and	and	CCONJ
cblr-2902	401	36	expenses	expense	NOUN
cblr-2902	401	37	as	as	ADP
cblr-2902	401	38	a	a	DET
cblr-2902	401	39	whole	whole	NOUN
cblr-2902	401	40	grew	grow	VERB
cblr-2902	401	41	only	only	ADV
cblr-2902	401	42	about	about	ADV
cblr-2902	401	43	9	9	NUM
cblr-2902	401	44	%	%	NOUN
cblr-2902	401	45	per	per	ADP
cblr-2902	401	46	year	year	NOUN
cblr-2902	401	47	)	)	PUNCT
cblr-2902	401	48	.	.	PUNCT
cblr-2902	402	1	as	as	ADP
cblr-2902	402	2	the	the	DET
cblr-2902	402	3	number	number	NOUN
cblr-2902	402	4	of	of	ADP
cblr-2902	402	5	financial	financial	ADJ
cblr-2902	402	6	advisers	adviser	NOUN
cblr-2902	402	7	working	work	VERB
cblr-2902	402	8	on	on	ADP
cblr-2902	402	9	a	a	DET
cblr-2902	402	10	case	case	NOUN
cblr-2902	402	11	increases	increase	NOUN
cblr-2902	402	12	,	,	PUNCT
cblr-2902	402	13	so	so	ADV
cblr-2902	402	14	do	do	VERB
cblr-2902	402	15	their	their	PRON
cblr-2902	402	16	fees	fee	NOUN
cblr-2902	402	17	.	.	PUNCT
cblr-2902	403	1	i	i	PRON
cblr-2902	403	2	d.	d.	PROPN
cblr-2902	403	3	at	at	ADP
cblr-2902	403	4	16263	16263	NUM
cblr-2902	403	5	.	.	PUNCT
cblr-2902	404	1	*	*	PUNCT
cblr-2902	404	2	in	in	ADP
cblr-2902	404	3	re	re	X
cblr-2902	404	4	iridium	iridium	NOUN
cblr-2902	404	5	operating	operate	VERB
cblr-2902	404	6	,	,	PUNCT
cblr-2902	404	7	373	373	NUM
cblr-2902	404	8	b.r	b.r	PROPN
cblr-2902	404	9	.	.	PROPN
cblr-2902	404	10	at	at	ADP
cblr-2902	404	11	291	291	NUM
cblr-2902	404	12	,	,	PUNCT
cblr-2902	404	13	293	293	NUM
cblr-2902	404	14	;	;	PUNCT
cblr-2902	404	15	fidelity	fidelity	NOUN
cblr-2902	404	16	bond	bond	NOUN
cblr-2902	404	17	&	&	CCONJ
cblr-2902	404	18	mortg	mortg	PROPN
cblr-2902	404	19	.	.	PUNCT
cblr-2902	405	1	co.	co.	PROPN
cblr-2902	406	1	v.	v.	ADP
cblr-2902	406	2	brand	brand	PROPN
cblr-2902	406	3	(	(	PUNCT
cblr-2902	406	4	in	in	ADP
cblr-2902	406	5	re	re	PROPN
cblr-2902	406	6	fidelity	fidelity	NOUN
cblr-2902	406	7	mortgage	mortgage	NOUN
cblr-2902	406	8	and	and	CCONJ
cblr-2902	406	9	bond	bond	PROPN
cblr-2902	406	10	corp	corp	PROPN
cblr-2902	406	11	.	.	PROPN
cblr-2902	406	12	)	)	PUNCT
cblr-2902	406	13	,	,	PUNCT
cblr-2902	406	14	340	340	NUM
cblr-2902	406	15	b.r	b.r	PROPN
cblr-2902	406	16	.	.	PROPN
cblr-2902	406	17	266	266	NUM
cblr-2902	406	18	,	,	PUNCT
cblr-2902	406	19	289	289	NUM
cblr-2902	406	20	(	(	PUNCT
cblr-2902	406	21	bankr	bankr	PROPN
cblr-2902	406	22	.	.	PUNCT
cblr-2902	407	1	e.d	e.d	PROPN
cblr-2902	407	2	.	.	PROPN
cblr-2902	407	3	pa	pa	PROPN
cblr-2902	407	4	.	.	PROPN
cblr-2902	407	5	2006	2006	NUM
cblr-2902	407	6	)	)	PUNCT
cblr-2902	407	7	,	,	PUNCT
cblr-2902	407	8	aff'd	aff'd	NOUN
cblr-2902	407	9	,	,	PUNCT
cblr-2902	407	10	371	371	NUM
cblr-2902	407	11	b.r	b.r	PROPN
cblr-2902	407	12	.	.	PROPN
cblr-2902	407	13	708	708	NUM
cblr-2902	407	14	(	(	PUNCT
cblr-2902	407	15	e.d	e.d	PROPN
cblr-2902	407	16	.	.	PROPN
cblr-2902	407	17	pa	pa	PROPN
cblr-2902	407	18	.	.	PROPN
cblr-2902	407	19	2007	2007	NUM
cblr-2902	407	20	)	)	PUNCT
cblr-2902	408	1	(	(	PUNCT
cblr-2902	408	2	finding	find	VERB
cblr-2902	408	3	that	that	SCONJ
cblr-2902	408	4	"	"	PUNCT
cblr-2902	408	5	both	both	DET
cblr-2902	408	6	[	[	NOUN
cblr-2902	408	7	parties	party	NOUN
cblr-2902	408	8	'	'	PART
cblr-2902	408	9	]	]	PUNCT
cblr-2902	409	1	experts	expert	NOUN
cblr-2902	409	2	made	make	VERB
cblr-2902	409	3	various	various	ADJ
cblr-2902	409	4	adjustments	adjustment	NOUN
cblr-2902	409	5	to	to	ADP
cblr-2902	409	6	the	the	DET
cblr-2902	409	7	balance	balance	NOUN
cblr-2902	409	8	sheet	sheet	NOUN
cblr-2902	409	9	line	line	NOUN
cblr-2902	409	10	items	item	NOUN
cblr-2902	409	11	to	to	PART
cblr-2902	409	12	arrive	arrive	VERB
cblr-2902	409	13	at	at	ADP
cblr-2902	409	14	their	their	PRON
cblr-2902	409	15	starkly	starkly	ADV
cblr-2902	409	16	different	different	ADJ
cblr-2902	409	17	conclusions	conclusion	NOUN
cblr-2902	409	18	regarding	regard	VERB
cblr-2902	409	19	.	.	PUNCT
cblr-2902	409	20	.	.	PUNCT
cblr-2902	409	21	.	.	PUNCT
cblr-2902	410	1	solvency	solvency	NOUN
cblr-2902	410	2	.	.	PUNCT
cblr-2902	410	3	.	.	PUNCT
cblr-2902	410	4	.	.	PUNCT
cblr-2902	410	5	.	.	PUNCT
cblr-2902	411	1	"	"	PUNCT
cblr-2902	411	2	)	)	PUNCT
cblr-2902	411	3	;	;	PUNCT
cblr-2902	411	4	in	in	ADP
cblr-2902	411	5	re	re	NOUN
cblr-2902	411	6	charter	charter	NOUN
cblr-2902	411	7	commc'ns	commc'ns	NOUN
cblr-2902	411	8	,	,	PUNCT
cblr-2902	411	9	419	419	NUM
cblr-2902	411	10	b.r	b.r	PROPN
cblr-2902	411	11	.	.	PROPN
cblr-2902	411	12	at	at	ADP
cblr-2902	411	13	236	236	NUM
cblr-2902	411	14	n.11	n.11	NOUN
cblr-2902	411	15	;	;	PUNCT
cblr-2902	411	16	in	in	ADP
cblr-2902	411	17	re	re	ADP
cblr-2902	411	18	nellson	nellson	PROPN
cblr-2902	411	19	nutraceutical	nutraceutical	PROPN
cblr-2902	411	20	,	,	PUNCT
cblr-2902	411	21	inc	inc	PROPN
cblr-2902	411	22	.	.	PROPN
cblr-2902	411	23	,	,	PUNCT
cblr-2902	411	24	356	356	NUM
cblr-2902	411	25	b.r	b.r	PROPN
cblr-2902	411	26	.	.	PROPN
cblr-2902	411	27	364	364	NUM
cblr-2902	411	28	,	,	PUNCT
cblr-2902	411	29	367	367	NUM
cblr-2902	411	30	(	(	PUNCT
cblr-2902	411	31	bankr	bankr	PROPN
cblr-2902	411	32	.	.	PUNCT
cblr-2902	412	1	d.	d.	PROPN
cblr-2902	412	2	del	del	PROPN
cblr-2902	412	3	.	.	PROPN
cblr-2902	412	4	2006	2006	NUM
cblr-2902	412	5	)	)	PUNCT
cblr-2902	412	6	(	(	PUNCT
cblr-2902	412	7	where	where	SCONJ
cblr-2902	412	8	expert	expert	NOUN
cblr-2902	412	9	's	's	PART
cblr-2902	412	10	metric	metric	NOUN
cblr-2902	412	11	of	of	ADP
cblr-2902	412	12	value	value	NOUN
cblr-2902	412	13	for	for	ADP
cblr-2902	412	14	determining	determine	VERB
cblr-2902	412	15	the	the	DET
cblr-2902	412	16	terminal	terminal	ADJ
cblr-2902	412	17	value	value	NOUN
cblr-2902	412	18	utilized	utilize	VERB
cblr-2902	412	19	a	a	DET
cblr-2902	412	20	methodology	methodology	NOUN
cblr-2902	412	21	not	not	PART
cblr-2902	412	22	generally	generally	ADV
cblr-2902	412	23	accepted	accept	VERB
cblr-2902	412	24	by	by	ADP
cblr-2902	412	25	experts	expert	NOUN
cblr-2902	412	26	in	in	ADP
cblr-2902	412	27	the	the	DET
cblr-2902	412	28	field	field	NOUN
cblr-2902	412	29	of	of	ADP
cblr-2902	412	30	valuation	valuation	NOUN
cblr-2902	412	31	and	and	CCONJ
cblr-2902	412	32	was	be	AUX
cblr-2902	412	33	,	,	PUNCT
cblr-2902	412	34	in	in	ADP
cblr-2902	412	35	fact	fact	NOUN
cblr-2902	412	36	,	,	PUNCT
cblr-2902	412	37	invented	invent	VERB
cblr-2902	412	38	by	by	ADP
cblr-2902	412	39	the	the	DET
cblr-2902	412	40	expert	expert	NOUN
cblr-2902	412	41	for	for	ADP
cblr-2902	412	42	use	use	NOUN
cblr-2902	412	43	in	in	ADP
cblr-2902	412	44	the	the	DET
cblr-2902	412	45	case	case	NOUN
cblr-2902	412	46	)	)	PUNCT
cblr-2902	412	47	.	.	PUNCT
cblr-2902	413	1	142	142	NUM
cblr-2902	414	1	[	[	X
cblr-2902	414	2	vol	vol	NOUN
cblr-2902	414	3	.	.	PUNCT
cblr-2902	415	1	201	201	NUM
cblr-2902	415	2	1	1	NUM
cblr-2902	415	3	the	the	DET
cblr-2902	415	4	"	"	PUNCT
cblr-2902	415	5	hired	hire	VERB
cblr-2902	415	6	gun	gun	NOUN
cblr-2902	415	7	"	"	PUNCT
cblr-2902	415	8	approach	approach	NOUN
cblr-2902	415	9	of	of	ADP
cblr-2902	415	10	many	many	ADJ
cblr-2902	415	11	experts	expert	NOUN
cblr-2902	415	12	,	,	PUNCT
cblr-2902	415	13	and	and	CCONJ
cblr-2902	415	14	the	the	DET
cblr-2902	415	15	difficulty	difficulty	NOUN
cblr-2902	415	16	courts	court	NOUN
cblr-2902	415	17	face	face	VERB
cblr-2902	415	18	evaluating	evaluate	VERB
cblr-2902	415	19	their	their	PRON
cblr-2902	415	20	testimony	testimony	NOUN
cblr-2902	415	21	,	,	PUNCT
cblr-2902	415	22	have	have	AUX
cblr-2902	415	23	produced	produce	VERB
cblr-2902	415	24	substantial	substantial	ADJ
cblr-2902	415	25	injustice	injustice	NOUN
cblr-2902	415	26	for	for	ADP
cblr-2902	415	27	litigants	litigant	NOUN
cblr-2902	415	28	and	and	CCONJ
cblr-2902	415	29	embarrassment	embarrassment	NOUN
cblr-2902	415	30	for	for	ADP
cblr-2902	415	31	courts.65	courts.65	PROPN
cblr-2902	415	32	in	in	ADP
cblr-2902	415	33	in	in	ADP
cblr-2902	415	34	re	re	PROPN
cblr-2902	415	35	exide	exide	PROPN
cblr-2902	415	36	technologies	technology	NOUN
cblr-2902	415	37	,	,	PUNCT
cblr-2902	415	38	dueling	duel	VERB
cblr-2902	415	39	experts	expert	NOUN
cblr-2902	415	40	for	for	ADP
cblr-2902	415	41	the	the	DET
cblr-2902	415	42	debtor	debtor	NOUN
cblr-2902	415	43	and	and	CCONJ
cblr-2902	415	44	the	the	DET
cblr-2902	415	45	creditors	creditor	NOUN
cblr-2902	415	46	'	'	PART
cblr-2902	415	47	committee	committee	NOUN
cblr-2902	415	48	both	both	PRON
cblr-2902	415	49	used	use	VERB
cblr-2902	415	50	the	the	DET
cblr-2902	415	51	three	three	NUM
cblr-2902	415	52	standard	standard	ADJ
cblr-2902	415	53	valuation	valuation	NOUN
cblr-2902	415	54	methodologiescomparable	methodologiescomparable	ADJ
cblr-2902	415	55	company	company	NOUN
cblr-2902	415	56	analysis	analysis	NOUN
cblr-2902	415	57	,	,	PUNCT
cblr-2902	415	58	comparable	comparable	ADJ
cblr-2902	415	59	transaction	transaction	NOUN
cblr-2902	415	60	analysis	analysis	NOUN
cblr-2902	415	61	,	,	PUNCT
cblr-2902	415	62	and	and	CCONJ
cblr-2902	415	63	discounted	discount	VERB
cblr-2902	415	64	cash	cash	NOUN
cblr-2902	415	65	flow	flow	NOUN
cblr-2902	415	66	-	-	PUNCT
cblr-2902	415	67	yet	yet	ADV
cblr-2902	415	68	arrived	arrive	VERB
cblr-2902	415	69	at	at	ADP
cblr-2902	415	70	very	very	ADV
cblr-2902	415	71	different	different	ADJ
cblr-2902	415	72	results.66	results.66	NOUN
cblr-2902	415	73	the	the	DET
cblr-2902	415	74	court	court	NOUN
cblr-2902	415	75	sided	side	VERB
cblr-2902	415	76	with	with	ADP
cblr-2902	415	77	the	the	DET
cblr-2902	415	78	creditors	creditor	NOUN
cblr-2902	415	79	'	'	PART
cblr-2902	415	80	committee	committee	NOUN
cblr-2902	415	81	expert	expert	NOUN
cblr-2902	415	82	,	,	PUNCT
cblr-2902	415	83	"	"	PUNCT
cblr-2902	415	84	but	but	CCONJ
cblr-2902	415	85	almost	almost	ADV
cblr-2902	415	86	immediately	immediately	ADV
cblr-2902	415	87	after	after	SCONJ
cblr-2902	415	88	the	the	DET
cblr-2902	415	89	debtor	debtor	NOUN
cblr-2902	415	90	exited	exit	VERB
cblr-2902	415	91	bankruptcy	bankruptcy	NOUN
cblr-2902	415	92	,	,	PUNCT
cblr-2902	415	93	the	the	DET
cblr-2902	415	94	market	market	NOUN
cblr-2902	415	95	showed	show	VERB
cblr-2902	415	96	that	that	SCONJ
cblr-2902	415	97	the	the	DET
cblr-2902	415	98	court	court	NOUN
cblr-2902	415	99	was	be	AUX
cblr-2902	415	100	dead	dead	ADJ
cblr-2902	415	101	wrong.6	wrong.6	NOUN
cblr-2902	415	102	exide	exide	NOUN
cblr-2902	415	103	exemplifies	exemplify	VERB
cblr-2902	415	104	why	why	SCONJ
cblr-2902	415	105	judges	judge	NOUN
cblr-2902	415	106	should	should	AUX
cblr-2902	415	107	not	not	PART
cblr-2902	415	108	be	be	AUX
cblr-2902	415	109	placed	place	VERB
cblr-2902	415	110	in	in	ADP
cblr-2902	415	111	a	a	DET
cblr-2902	415	112	situation	situation	NOUN
cblr-2902	415	113	where	where	SCONJ
cblr-2902	415	114	experts	expert	NOUN
cblr-2902	415	115	can	can	AUX
cblr-2902	415	116	mislead	mislead	VERB
cblr-2902	415	117	them	they	PRON
cblr-2902	415	118	.	.	PUNCT
cblr-2902	416	1	the	the	DET
cblr-2902	416	2	sections	section	NOUN
cblr-2902	416	3	that	that	PRON
cblr-2902	416	4	follow	follow	VERB
cblr-2902	416	5	highlight	highlight	NOUN
cblr-2902	416	6	ways	way	NOUN
cblr-2902	416	7	in	in	ADP
cblr-2902	416	8	which	which	PRON
cblr-2902	416	9	the	the	DET
cblr-2902	416	10	most	most	ADV
cblr-2902	416	11	commonly	commonly	ADV
cblr-2902	416	12	used	use	VERB
cblr-2902	416	13	traditional	traditional	ADJ
cblr-2902	416	14	measures	measure	NOUN
cblr-2902	416	15	of	of	ADP
cblr-2902	416	16	solvency	solvency	NOUN
cblr-2902	416	17	and	and	CCONJ
cblr-2902	416	18	adequate	adequate	ADJ
cblr-2902	416	19	capital	capital	NOUN
cblr-2902	416	20	-	-	PUNCT
cblr-2902	416	21	liquidity	liquidity	NOUN
cblr-2902	416	22	,	,	PUNCT
cblr-2902	416	23	discounted	discount	VERB
cblr-2902	416	24	cash	cash	NOUN
cblr-2902	416	25	flow	flow	NOUN
cblr-2902	416	26	,	,	PUNCT
cblr-2902	416	27	comparable	comparable	ADJ
cblr-2902	416	28	company	company	NOUN
cblr-2902	416	29	multiples	multiple	NOUN
cblr-2902	416	30	,	,	PUNCT
cblr-2902	416	31	and	and	CCONJ
cblr-2902	416	32	comparable	comparable	ADJ
cblr-2902	416	33	transactions	transaction	NOUN
cblr-2902	416	34	multiples	multiple	NOUN
cblr-2902	416	35	-	-	PUNCT
cblr-2902	416	36	can	can	AUX
cblr-2902	416	37	be	be	AUX
cblr-2902	416	38	manipulated	manipulate	VERB
cblr-2902	416	39	.	.	PUNCT
cblr-2902	417	1	the	the	DET
cblr-2902	417	2	discussion	discussion	NOUN
cblr-2902	417	3	also	also	ADV
cblr-2902	417	4	describes	describe	VERB
cblr-2902	417	5	inconsistent	inconsistent	ADJ
cblr-2902	417	6	application	application	NOUN
cblr-2902	417	7	of	of	ADP
cblr-2902	417	8	these	these	DET
cblr-2902	417	9	methods	method	NOUN
cblr-2902	417	10	by	by	ADP
cblr-2902	417	11	different	different	ADJ
cblr-2902	417	12	courts	court	NOUN
cblr-2902	417	13	and	and	CCONJ
cblr-2902	417	14	assumes	assume	VERB
cblr-2902	417	15	reader	reader	NOUN
cblr-2902	417	16	familiarity	familiarity	NOUN
cblr-2902	417	17	with	with	ADP
cblr-2902	417	18	solvency	solvency	NOUN
cblr-2902	417	19	analysis	analysis	NOUN
cblr-2902	417	20	.	.	PUNCT
cblr-2902	418	1	readers	reader	NOUN
cblr-2902	418	2	who	who	PRON
cblr-2902	418	3	are	be	AUX
cblr-2902	418	4	not	not	PART
cblr-2902	418	5	familiar	familiar	ADJ
cblr-2902	418	6	with	with	ADP
cblr-2902	418	7	these	these	DET
cblr-2902	418	8	methods	method	NOUN
cblr-2902	418	9	of	of	ADP
cblr-2902	418	10	analysis	analysis	NOUN
cblr-2902	418	11	should	should	AUX
cblr-2902	418	12	consult	consult	VERB
cblr-2902	418	13	part	part	NOUN
cblr-2902	418	14	vii	vii	PROPN
cblr-2902	418	15	of	of	ADP
cblr-2902	418	16	this	this	DET
cblr-2902	418	17	article	article	NOUN
cblr-2902	418	18	,	,	PUNCT
cblr-2902	418	19	appendix	appendix	VERB
cblr-2902	418	20	i	i	PRON
cblr-2902	418	21	:	:	PUNCT
cblr-2902	418	22	explanation	explanation	NOUN
cblr-2902	418	23	of	of	ADP
cblr-2902	418	24	traditional	traditional	ADJ
cblr-2902	418	25	methods	method	NOUN
cblr-2902	418	26	of	of	ADP
cblr-2902	418	27	solvency	solvency	NOUN
cblr-2902	418	28	analysis	analysis	NOUN
cblr-2902	418	29	.	.	PUNCT
cblr-2902	419	1	6	6	NUM
cblr-2902	419	2	see	see	VERB
cblr-2902	419	3	harvey	harvey	PROPN
cblr-2902	419	4	r.	r.	PROPN
cblr-2902	419	5	miller	miller	PROPN
cblr-2902	419	6	&	&	CCONJ
cblr-2902	419	7	shai	shai	PROPN
cblr-2902	419	8	y.	y.	PROPN
cblr-2902	419	9	waisman	waisman	PROPN
cblr-2902	419	10	,	,	PUNCT
cblr-2902	419	11	is	be	AUX
cblr-2902	419	12	chapter	chapter	NOUN
cblr-2902	419	13	11	11	NUM
cblr-2902	419	14	bankrupt	bankrupt	ADJ
cblr-2902	419	15	?	?	PUNCT
cblr-2902	419	16	,	,	PUNCT
cblr-2902	419	17	47	47	NUM
cblr-2902	419	18	b.c	b.c	PROPN
cblr-2902	419	19	.	.	PROPN
cblr-2902	419	20	l.	l.	PROPN
cblr-2902	419	21	rev	rev	PROPN
cblr-2902	419	22	.	.	PROPN
cblr-2902	419	23	129	129	NUM
cblr-2902	419	24	,	,	PUNCT
cblr-2902	419	25	174	174	NUM
cblr-2902	419	26	n.259	n.259	NOUN
cblr-2902	419	27	(	(	PUNCT
cblr-2902	419	28	2005	2005	NUM
cblr-2902	419	29	)	)	PUNCT
cblr-2902	419	30	.	.	PUNCT
cblr-2902	419	31	'	'	PUNCT
cblr-2902	420	1	in	in	ADP
cblr-2902	420	2	re	re	X
cblr-2902	420	3	exide	exide	PROPN
cblr-2902	420	4	techs	techs	PROPN
cblr-2902	420	5	.	.	PUNCT
cblr-2902	420	6	,	,	PUNCT
cblr-2902	420	7	303	303	NUM
cblr-2902	420	8	b.r	b.r	PROPN
cblr-2902	420	9	.	.	PROPN
cblr-2902	420	10	48	48	NUM
cblr-2902	420	11	,	,	PUNCT
cblr-2902	420	12	59	59	NUM
cblr-2902	420	13	(	(	PUNCT
cblr-2902	420	14	bankr	bankr	PROPN
cblr-2902	420	15	.	.	PUNCT
cblr-2902	421	1	d.	d.	PROPN
cblr-2902	421	2	del	del	PROPN
cblr-2902	421	3	.	.	PROPN
cblr-2902	421	4	2003	2003	NUM
cblr-2902	421	5	)	)	PUNCT
cblr-2902	421	6	.	.	PUNCT
cblr-2902	422	1	the	the	DET
cblr-2902	422	2	expert	expert	ADJ
cblr-2902	422	3	financial	financial	ADJ
cblr-2902	422	4	adviser	adviser	NOUN
cblr-2902	422	5	to	to	ADP
cblr-2902	422	6	the	the	DET
cblr-2902	422	7	debtor	debtor	NOUN
cblr-2902	422	8	submitted	submit	VERB
cblr-2902	422	9	a	a	DET
cblr-2902	422	10	valuation	valuation	NOUN
cblr-2902	422	11	range	range	NOUN
cblr-2902	422	12	of	of	ADP
cblr-2902	422	13	$	$	SYM
cblr-2902	422	14	950	950	NUM
cblr-2902	422	15	million	million	NUM
cblr-2902	422	16	to	to	PART
cblr-2902	422	17	$	$	SYM
cblr-2902	422	18	1.05	1.05	NUM
cblr-2902	422	19	billion	billion	NUM
cblr-2902	422	20	,	,	PUNCT
cblr-2902	422	21	while	while	SCONJ
cblr-2902	422	22	the	the	DET
cblr-2902	422	23	expert	expert	ADJ
cblr-2902	422	24	financial	financial	ADJ
cblr-2902	422	25	adviser	adviser	NOUN
cblr-2902	422	26	to	to	ADP
cblr-2902	422	27	the	the	DET
cblr-2902	422	28	creditors	creditor	NOUN
cblr-2902	422	29	'	'	PART
cblr-2902	422	30	committee	committee	NOUN
cblr-2902	422	31	submitted	submit	VERB
cblr-2902	422	32	a	a	DET
cblr-2902	422	33	valuation	valuation	NOUN
cblr-2902	422	34	range	range	NOUN
cblr-2902	422	35	of	of	ADP
cblr-2902	422	36	$	$	SYM
cblr-2902	422	37	1.478	1.478	NUM
cblr-2902	422	38	billion	billion	NUM
cblr-2902	422	39	to	to	PART
cblr-2902	422	40	$	$	SYM
cblr-2902	422	41	1.711	1.711	NUM
cblr-2902	422	42	billion	billion	NUM
cblr-2902	422	43	.	.	PUNCT
cblr-2902	423	1	exide	exide	PROPN
cblr-2902	423	2	involved	involve	VERB
cblr-2902	423	3	valuation	valuation	NOUN
cblr-2902	423	4	for	for	ADP
cblr-2902	423	5	plan	plan	NOUN
cblr-2902	423	6	confirmation	confirmation	NOUN
cblr-2902	423	7	,	,	PUNCT
cblr-2902	423	8	not	not	PART
cblr-2902	423	9	for	for	ADP
cblr-2902	423	10	fraudulent	fraudulent	ADJ
cblr-2902	423	11	transfer	transfer	NOUN
cblr-2902	423	12	.	.	PUNCT
cblr-2902	424	1	67	67	NUM
cblr-2902	425	1	i	i	PRON
cblr-2902	425	2	d.	d.	PROPN
cblr-2902	425	3	at	at	ADP
cblr-2902	425	4	66	66	NUM
cblr-2902	425	5	.	.	PUNCT
cblr-2902	426	1	judge	judge	PROPN
cblr-2902	426	2	carey	carey	PROPN
cblr-2902	426	3	determined	determine	VERB
cblr-2902	426	4	the	the	DET
cblr-2902	426	5	debtor	debtor	NOUN
cblr-2902	426	6	's	's	PART
cblr-2902	426	7	valuation	valuation	NOUN
cblr-2902	426	8	to	to	PART
cblr-2902	426	9	be	be	AUX
cblr-2902	426	10	in	in	ADP
cblr-2902	426	11	the	the	DET
cblr-2902	426	12	range	range	NOUN
cblr-2902	426	13	of	of	ADP
cblr-2902	426	14	$	$	SYM
cblr-2902	426	15	1.4	1.4	NUM
cblr-2902	426	16	billion	billion	NUM
cblr-2902	426	17	to	to	PART
cblr-2902	426	18	$	$	SYM
cblr-2902	426	19	1.6	1.6	NUM
cblr-2902	426	20	billion	billion	NUM
cblr-2902	426	21	.	.	PUNCT
cblr-2902	426	22	'	'	PUNCT
cblr-2902	427	1	when	when	SCONJ
cblr-2902	427	2	exide	exide	PROPN
cblr-2902	427	3	emerged	emerge	VERB
cblr-2902	427	4	from	from	ADP
cblr-2902	427	5	bankruptcy	bankruptcy	NOUN
cblr-2902	427	6	in	in	ADP
cblr-2902	427	7	may	may	PROPN
cblr-2902	427	8	2004	2004	NUM
cblr-2902	427	9	,	,	PUNCT
cblr-2902	427	10	the	the	DET
cblr-2902	427	11	market	market	NOUN
cblr-2902	427	12	set	set	VERB
cblr-2902	427	13	an	an	DET
cblr-2902	427	14	enterprise	enterprise	NOUN
cblr-2902	427	15	value	value	NOUN
cblr-2902	427	16	of	of	ADP
cblr-2902	427	17	$	$	SYM
cblr-2902	427	18	1.03	1.03	NUM
cblr-2902	427	19	billion	billion	NUM
cblr-2902	427	20	.	.	PUNCT
cblr-2902	428	1	by	by	ADP
cblr-2902	428	2	november	november	PROPN
cblr-2902	428	3	16	16	NUM
cblr-2902	428	4	,	,	PUNCT
cblr-2902	428	5	2005	2005	NUM
cblr-2902	428	6	,	,	PUNCT
cblr-2902	428	7	exide	exide	PROPN
cblr-2902	428	8	's	's	PART
cblr-2902	428	9	enterprise	enterprise	NOUN
cblr-2902	428	10	value	value	NOUN
cblr-2902	428	11	had	have	AUX
cblr-2902	428	12	declined	decline	VERB
cblr-2902	428	13	to	to	ADP
cblr-2902	428	14	$	$	SYM
cblr-2902	428	15	788	788	NUM
cblr-2902	428	16	million	million	NUM
cblr-2902	428	17	.	.	PUNCT
cblr-2902	429	1	see	see	VERB
cblr-2902	429	2	miller	miller	PROPN
cblr-2902	429	3	&	&	CCONJ
cblr-2902	429	4	waisman	waisman	NOUN
cblr-2902	429	5	,	,	PUNCT
cblr-2902	429	6	supra	supra	PROPN
cblr-2902	429	7	note	note	NOUN
cblr-2902	429	8	65	65	NUM
cblr-2902	429	9	.	.	PUNCT
cblr-2902	430	1	no	no	INTJ
cblr-2902	430	2	.	.	NOUN
cblr-2902	431	1	1	1	NUM
cblr-2902	431	2	:	:	SYM
cblr-2902	431	3	118	118	NUM
cblr-2902	431	4	]	]	PUNCT
cblr-2902	431	5	le	le	X
cblr-2902	431	6	vera	vera	NOUN
cblr-2902	431	7	ged	ge	VERB
cblr-2902	431	8	buyout	buyout	NOUN
cblr-2902	431	9	banvkr	banvkr	NOUN
cblr-2902	431	10	uptcies	uptcie	VERB
cblr-2902	431	11	143	143	NUM
cblr-2902	431	12	1	1	NUM
cblr-2902	431	13	.	.	PUNCT
cblr-2902	431	14	cash	cash	NOUN
cblr-2902	431	15	flow	flow	NOUN
cblr-2902	431	16	projections	projection	NOUN
cblr-2902	431	17	are	be	AUX
cblr-2902	431	18	inherently	inherently	ADV
cblr-2902	431	19	subjective	subjective	ADJ
cblr-2902	431	20	and	and	CCONJ
cblr-2902	431	21	prone	prone	ADJ
cblr-2902	431	22	to	to	ADP
cblr-2902	431	23	hindsight	hindsight	ADJ
cblr-2902	431	24	bias	bias	NOUN
cblr-2902	432	1	projected	project	VERB
cblr-2902	432	2	cash	cash	NOUN
cblr-2902	432	3	flows	flow	NOUN
cblr-2902	432	4	are	be	AUX
cblr-2902	432	5	probably	probably	ADV
cblr-2902	432	6	the	the	DET
cblr-2902	432	7	single	single	ADJ
cblr-2902	432	8	most	most	ADV
cblr-2902	432	9	important	important	ADJ
cblr-2902	432	10	component	component	NOUN
cblr-2902	432	11	of	of	ADP
cblr-2902	432	12	solvency	solvency	NOUN
cblr-2902	432	13	analysis	analysis	NOUN
cblr-2902	432	14	because	because	SCONJ
cblr-2902	432	15	they	they	PRON
cblr-2902	432	16	are	be	AUX
cblr-2902	432	17	relevant	relevant	ADJ
cblr-2902	432	18	to	to	ADP
cblr-2902	432	19	both	both	DET
cblr-2902	432	20	a	a	DET
cblr-2902	432	21	dynamic	dynamic	ADJ
cblr-2902	432	22	,	,	PUNCT
cblr-2902	432	23	cash	cash	NOUN
cblr-2902	432	24	-	-	PUNCT
cblr-2902	432	25	flow	flow	NOUN
cblr-2902	432	26	concept	concept	NOUN
cblr-2902	432	27	of	of	ADP
cblr-2902	432	28	solvency	solvency	NOUN
cblr-2902	432	29	(	(	PUNCT
cblr-2902	432	30	can	can	AUX
cblr-2902	432	31	the	the	DET
cblr-2902	432	32	company	company	NOUN
cblr-2902	432	33	pay	pay	VERB
cblr-2902	432	34	its	its	PRON
cblr-2902	432	35	debts	debt	NOUN
cblr-2902	432	36	as	as	SCONJ
cblr-2902	432	37	they	they	PRON
cblr-2902	432	38	become	become	VERB
cblr-2902	432	39	due	due	ADJ
cblr-2902	432	40	?	?	PUNCT
cblr-2902	432	41	)	)	PUNCT
cblr-2902	432	42	and	and	CCONJ
cblr-2902	432	43	to	to	ADP
cblr-2902	432	44	a	a	DET
cblr-2902	432	45	static	static	NOUN
cblr-2902	432	46	,	,	PUNCT
cblr-2902	432	47	balance	balance	NOUN
cblr-2902	432	48	sheet	sheet	NOUN
cblr-2902	432	49	approach	approach	NOUN
cblr-2902	432	50	to	to	ADP
cblr-2902	432	51	solvency	solvency	NOUN
cblr-2902	432	52	(	(	PUNCT
cblr-2902	432	53	is	be	AUX
cblr-2902	432	54	the	the	DET
cblr-2902	432	55	company	company	NOUN
cblr-2902	432	56	currently	currently	ADV
cblr-2902	432	57	worth	worth	ADJ
cblr-2902	432	58	more	more	ADJ
cblr-2902	432	59	than	than	SCONJ
cblr-2902	432	60	it	it	PRON
cblr-2902	432	61	owes	owe	VERB
cblr-2902	432	62	?	?	PUNCT
cblr-2902	432	63	)	)	PUNCT
cblr-2902	432	64	.	.	PUNCT
cblr-2902	433	1	to	to	ADP
cblr-2902	433	2	wit	wit	NOUN
cblr-2902	433	3	,	,	PUNCT
cblr-2902	433	4	projections	projection	NOUN
cblr-2902	433	5	are	be	AUX
cblr-2902	433	6	used	use	VERB
cblr-2902	433	7	both	both	PRON
cblr-2902	433	8	in	in	ADP
cblr-2902	433	9	liquidity	liquidity	NOUN
cblr-2902	433	10	analysis	analysis	NOUN
cblr-2902	433	11	and	and	CCONJ
cblr-2902	433	12	in	in	ADP
cblr-2902	433	13	discounted	discounted	ADJ
cblr-2902	433	14	cash	cash	NOUN
cblr-2902	433	15	-	-	PUNCT
cblr-2902	433	16	flow	flow	NOUN
cblr-2902	433	17	(	(	PUNCT
cblr-2902	433	18	"	"	PUNCT
cblr-2902	433	19	dcf	dcf	NOUN
cblr-2902	433	20	"	"	PUNCT
cblr-2902	433	21	)	)	PUNCT
cblr-2902	433	22	analysis	analysis	NOUN
cblr-2902	433	23	.	.	PUNCT
cblr-2902	434	1	projecting	project	VERB
cblr-2902	434	2	future	future	ADJ
cblr-2902	434	3	cash	cash	NOUN
cblr-2902	434	4	flows	flow	NOUN
cblr-2902	434	5	involves	involve	VERB
cblr-2902	434	6	making	make	VERB
cblr-2902	434	7	a	a	DET
cblr-2902	434	8	subjective	subjective	ADJ
cblr-2902	434	9	judgment	judgment	NOUN
cblr-2902	434	10	about	about	ADP
cblr-2902	434	11	the	the	DET
cblr-2902	434	12	future	future	NOUN
cblr-2902	434	13	based	base	VERB
cblr-2902	434	14	on	on	ADP
cblr-2902	434	15	imperfect	imperfect	ADJ
cblr-2902	434	16	and	and	CCONJ
cblr-2902	434	17	limited	limited	ADJ
cblr-2902	434	18	information	information	NOUN
cblr-2902	434	19	about	about	ADP
cblr-2902	434	20	the	the	DET
cblr-2902	434	21	past	past	NOUN
cblr-2902	434	22	and	and	CCONJ
cblr-2902	434	23	the	the	DET
cblr-2902	434	24	present.69	present.69	NOUN
cblr-2902	434	25	although	although	SCONJ
cblr-2902	434	26	projections	projection	NOUN
cblr-2902	434	27	are	be	AUX
cblr-2902	434	28	generally	generally	ADV
cblr-2902	434	29	based	base	VERB
cblr-2902	434	30	on	on	ADP
cblr-2902	434	31	a	a	DET
cblr-2902	434	32	financial	financial	ADJ
cblr-2902	434	33	model	model	NOUN
cblr-2902	434	34	,	,	PUNCT
cblr-2902	434	35	even	even	ADV
cblr-2902	434	36	a	a	DET
cblr-2902	434	37	highly	highly	ADV
cblr-2902	434	38	sophisticated	sophisticated	ADJ
cblr-2902	434	39	financial	financial	ADJ
cblr-2902	434	40	model	model	NOUN
cblr-2902	434	41	can	can	AUX
cblr-2902	434	42	not	not	PART
cblr-2902	434	43	by	by	ADP
cblr-2902	434	44	itself	itself	PRON
cblr-2902	434	45	tell	tell	VERB
cblr-2902	434	46	anyone	anyone	PRON
cblr-2902	434	47	whether	whether	SCONJ
cblr-2902	434	48	the	the	DET
cblr-2902	434	49	assumptions	assumption	NOUN
cblr-2902	434	50	on	on	ADP
cblr-2902	434	51	which	which	PRON
cblr-2902	434	52	it	it	PRON
cblr-2902	434	53	depends	depend	VERB
cblr-2902	434	54	are	be	AUX
cblr-2902	434	55	reasonable	reasonable	ADJ
cblr-2902	434	56	,	,	PUNCT
cblr-2902	434	57	as	as	SCONJ
cblr-2902	434	58	that	that	PRON
cblr-2902	434	59	requires	require	VERB
cblr-2902	434	60	subjective	subjective	ADJ
cblr-2902	434	61	judgment	judgment	NOUN
cblr-2902	434	62	.	.	PUNCT
cblr-2902	434	63	"	"	PUNCT
cblr-2902	435	1	dcf	dcf	PROPN
cblr-2902	435	2	is	be	AUX
cblr-2902	435	3	a	a	DET
cblr-2902	435	4	method	method	NOUN
cblr-2902	435	5	of	of	ADP
cblr-2902	435	6	valuation	valuation	NOUN
cblr-2902	435	7	that	that	PRON
cblr-2902	435	8	has	have	VERB
cblr-2902	435	9	three	three	NUM
cblr-2902	435	10	components	component	NOUN
cblr-2902	435	11	:	:	PUNCT
cblr-2902	435	12	(	(	PUNCT
cblr-2902	435	13	1	1	X
cblr-2902	435	14	)	)	PUNCT
cblr-2902	435	15	projections	projection	NOUN
cblr-2902	435	16	of	of	ADP
cblr-2902	435	17	future	future	ADJ
cblr-2902	435	18	cash	cash	NOUN
cblr-2902	435	19	flows	flow	NOUN
cblr-2902	435	20	of	of	ADP
cblr-2902	435	21	the	the	DET
cblr-2902	435	22	debtor	debtor	NOUN
cblr-2902	435	23	;	;	PUNCT
cblr-2902	435	24	(	(	PUNCT
cblr-2902	435	25	2	2	X
cblr-2902	435	26	)	)	PUNCT
cblr-2902	435	27	a	a	DET
cblr-2902	435	28	discount	discount	NOUN
cblr-2902	435	29	rate	rate	NOUN
cblr-2902	435	30	that	that	PRON
cblr-2902	435	31	is	be	AUX
cblr-2902	435	32	used	use	VERB
cblr-2902	435	33	to	to	PART
cblr-2902	435	34	convert	convert	VERB
cblr-2902	435	35	future	future	ADJ
cblr-2902	435	36	cash	cash	NOUN
cblr-2902	435	37	flows	flow	NOUN
cblr-2902	435	38	into	into	ADP
cblr-2902	435	39	their	their	PRON
cblr-2902	435	40	present	present	ADJ
cblr-2902	435	41	value	value	NOUN
cblr-2902	435	42	;	;	PUNCT
cblr-2902	435	43	and	and	CCONJ
cblr-2902	435	44	(	(	PUNCT
cblr-2902	435	45	3	3	X
cblr-2902	435	46	)	)	PUNCT
cblr-2902	435	47	a	a	DET
cblr-2902	435	48	terminal	terminal	ADJ
cblr-2902	435	49	value	value	NOUN
cblr-2902	435	50	used	use	VERB
cblr-2902	435	51	to	to	PART
cblr-2902	435	52	limit	limit	VERB
cblr-2902	435	53	the	the	DET
cblr-2902	435	54	necessary	necessary	ADJ
cblr-2902	435	55	projection	projection	NOUN
cblr-2902	435	56	period	period	NOUN
cblr-2902	435	57	.	.	PUNCT
cblr-2902	435	58	"	"	PUNCT
cblr-2902	436	1	experts	expert	NOUN
cblr-2902	436	2	can	can	AUX
cblr-2902	436	3	manipulate	manipulate	VERB
cblr-2902	436	4	6	6	NUM
cblr-2902	436	5	koller	koller	NOUN
cblr-2902	436	6	,	,	PUNCT
cblr-2902	436	7	goedhart	goedhart	NOUN
cblr-2902	436	8	&	&	CCONJ
cblr-2902	436	9	wessels	wessels	PROPN
cblr-2902	436	10	,	,	PUNCT
cblr-2902	436	11	supra	supra	PROPN
cblr-2902	436	12	note	note	PROPN
cblr-2902	436	13	61	61	NUM
cblr-2902	436	14	,	,	PUNCT
cblr-2902	436	15	at	at	ADP
cblr-2902	436	16	159	159	NUM
cblr-2902	436	17	.	.	PUNCT
cblr-2902	436	18	70	70	NUM
cblr-2902	436	19	prescott	prescott	PROPN
cblr-2902	436	20	group	group	NOUN
cblr-2902	436	21	small	small	ADJ
cblr-2902	436	22	cap	cap	NOUN
cblr-2902	436	23	v.	v.	PROPN
cblr-2902	436	24	coleman	coleman	PROPN
cblr-2902	436	25	co.	co.	PROPN
cblr-2902	436	26	,	,	PUNCT
cblr-2902	436	27	no	no	INTJ
cblr-2902	436	28	.	.	NOUN
cblr-2902	436	29	17802	17802	NUM
cblr-2902	436	30	,	,	PUNCT
cblr-2902	436	31	2004	2004	NUM
cblr-2902	436	32	wl	wl	NOUN
cblr-2902	436	33	2059515	2059515	NUM
cblr-2902	436	34	,	,	PUNCT
cblr-2902	436	35	at	at	ADP
cblr-2902	436	36	*	*	NUM
cblr-2902	436	37	31	31	NUM
cblr-2902	436	38	(	(	PUNCT
cblr-2902	436	39	del	del	PROPN
cblr-2902	436	40	.	.	PROPN
cblr-2902	436	41	ch	ch	PROPN
cblr-2902	436	42	.	.	PUNCT
cblr-2902	436	43	sept	sept	PROPN
cblr-2902	436	44	.	.	PROPN
cblr-2902	436	45	8	8	NUM
cblr-2902	436	46	,	,	PUNCT
cblr-2902	436	47	2004	2004	NUM
cblr-2902	436	48	)	)	PUNCT
cblr-2902	436	49	(	(	PUNCT
cblr-2902	436	50	"	"	PUNCT
cblr-2902	436	51	[	[	X
cblr-2902	436	52	tlhe	tlhe	NOUN
cblr-2902	436	53	task	task	NOUN
cblr-2902	436	54	of	of	ADP
cblr-2902	436	55	enterprise	enterprise	NOUN
cblr-2902	436	56	valuation	valuation	NOUN
cblr-2902	436	57	,	,	PUNCT
cblr-2902	436	58	even	even	ADV
cblr-2902	436	59	for	for	ADP
cblr-2902	436	60	a	a	DET
cblr-2902	436	61	finance	finance	NOUN
cblr-2902	436	62	expert	expert	NOUN
cblr-2902	436	63	,	,	PUNCT
cblr-2902	436	64	is	be	AUX
cblr-2902	436	65	fraught	fraught	ADJ
cblr-2902	436	66	with	with	ADP
cblr-2902	436	67	uncertainty	uncertainty	NOUN
cblr-2902	436	68	.	.	PUNCT
cblr-2902	437	1	for	for	ADP
cblr-2902	437	2	a	a	DET
cblr-2902	437	3	layperson	layperson	NOUN
cblr-2902	437	4	,	,	PUNCT
cblr-2902	437	5	even	even	ADV
cblr-2902	437	6	one	one	NUM
cblr-2902	437	7	who	who	PRON
cblr-2902	437	8	wears	wear	VERB
cblr-2902	437	9	judicial	judicial	ADJ
cblr-2902	437	10	robes	robe	NOUN
cblr-2902	437	11	,	,	PUNCT
cblr-2902	437	12	it	it	PRON
cblr-2902	437	13	is	be	AUX
cblr-2902	437	14	even	even	ADV
cblr-2902	437	15	more	more	ADV
cblr-2902	437	16	so	so	ADV
cblr-2902	437	17	.	.	PUNCT
cblr-2902	438	1	no	no	DET
cblr-2902	438	2	formula	formula	NOUN
cblr-2902	438	3	exists	exist	VERB
cblr-2902	438	4	that	that	PRON
cblr-2902	438	5	can	can	AUX
cblr-2902	438	6	invest	invest	VERB
cblr-2902	438	7	with	with	ADP
cblr-2902	438	8	scientific	scientific	ADJ
cblr-2902	438	9	precision	precision	NOUN
cblr-2902	438	10	a	a	DET
cblr-2902	438	11	process	process	NOUN
cblr-2902	438	12	that	that	PRON
cblr-2902	438	13	is	be	AUX
cblr-2902	438	14	inherently	inherently	ADV
cblr-2902	438	15	judgmental	judgmental	ADJ
cblr-2902	438	16	.	.	PUNCT
cblr-2902	438	17	"	"	PUNCT
cblr-2902	438	18	)	)	PUNCT
cblr-2902	438	19	;	;	PUNCT
cblr-2902	438	20	cede	cede	VERB
cblr-2902	438	21	&	&	CCONJ
cblr-2902	438	22	co.	co.	PROPN
cblr-2902	439	1	v.	v.	CCONJ
cblr-2902	439	2	technicolor	technicolor	PROPN
cblr-2902	439	3	,	,	PUNCT
cblr-2902	439	4	inc	inc	PROPN
cblr-2902	439	5	.	.	PROPN
cblr-2902	439	6	,	,	PUNCT
cblr-2902	439	7	no	no	INTJ
cblr-2902	439	8	.	.	PUNCT
cblr-2902	439	9	civ	civ	NOUN
cblr-2902	439	10	.	.	PUNCT
cblr-2902	440	1	a.	a.	PROPN
cblr-2902	440	2	7129	7129	NUM
cblr-2902	440	3	,	,	PUNCT
cblr-2902	440	4	2003	2003	NUM
cblr-2902	440	5	wl	wl	NOUN
cblr-2902	440	6	23700218	23700218	NUM
cblr-2902	440	7	,	,	PUNCT
cblr-2902	440	8	at	at	ADP
cblr-2902	440	9	*	*	NOUN
cblr-2902	440	10	2	2	NUM
cblr-2902	440	11	(	(	PUNCT
cblr-2902	440	12	del	del	PROPN
cblr-2902	440	13	.	.	PROPN
cblr-2902	440	14	ch	ch	PROPN
cblr-2902	440	15	.	.	PUNCT
cblr-2902	441	1	dec	dec	PROPN
cblr-2902	441	2	.	.	PROPN
cblr-2902	441	3	31	31	NUM
cblr-2902	441	4	,	,	PUNCT
cblr-2902	441	5	2003	2003	NUM
cblr-2902	441	6	)	)	PUNCT
cblr-2902	442	1	(	(	PUNCT
cblr-2902	442	2	noting	note	VERB
cblr-2902	442	3	that	that	SCONJ
cblr-2902	442	4	"	"	PUNCT
cblr-2902	442	5	valuation	valuation	NOUN
cblr-2902	442	6	decisions	decision	NOUN
cblr-2902	442	7	are	be	AUX
cblr-2902	442	8	impossible	impossible	ADJ
cblr-2902	442	9	to	to	PART
cblr-2902	442	10	make	make	VERB
cblr-2902	442	11	with	with	ADP
cblr-2902	442	12	anything	anything	PRON
cblr-2902	442	13	approaching	approach	VERB
cblr-2902	442	14	complete	complete	ADJ
cblr-2902	442	15	confidence	confidence	NOUN
cblr-2902	442	16	.	.	PUNCT
cblr-2902	443	1	valuing	value	VERB
cblr-2902	443	2	an	an	DET
cblr-2902	443	3	entity	entity	NOUN
cblr-2902	443	4	is	be	AUX
cblr-2902	443	5	a	a	DET
cblr-2902	443	6	difficult	difficult	ADJ
cblr-2902	443	7	intellectual	intellectual	ADJ
cblr-2902	443	8	exercise	exercise	NOUN
cblr-2902	443	9	,	,	PUNCT
cblr-2902	443	10	especially	especially	ADV
cblr-2902	443	11	when	when	SCONJ
cblr-2902	443	12	business	business	NOUN
cblr-2902	443	13	and	and	CCONJ
cblr-2902	443	14	financial	financial	ADJ
cblr-2902	443	15	experts	expert	NOUN
cblr-2902	443	16	are	be	AUX
cblr-2902	443	17	able	able	ADJ
cblr-2902	443	18	to	to	PART
cblr-2902	443	19	organize	organize	VERB
cblr-2902	443	20	data	datum	NOUN
cblr-2902	443	21	in	in	ADP
cblr-2902	443	22	support	support	NOUN
cblr-2902	443	23	of	of	ADP
cblr-2902	443	24	wildly	wildly	ADV
cblr-2902	443	25	divergent	divergent	ADJ
cblr-2902	443	26	valuations	valuation	NOUN
cblr-2902	443	27	for	for	ADP
cblr-2902	443	28	the	the	DET
cblr-2902	443	29	same	same	ADJ
cblr-2902	443	30	entity	entity	NOUN
cblr-2902	443	31	.	.	PUNCT
cblr-2902	444	1	for	for	ADP
cblr-2902	444	2	a	a	DET
cblr-2902	444	3	judge	judge	NOUN
cblr-2902	444	4	who	who	PRON
cblr-2902	444	5	is	be	AUX
cblr-2902	444	6	not	not	PART
cblr-2902	444	7	an	an	DET
cblr-2902	444	8	expert	expert	NOUN
cblr-2902	444	9	in	in	ADP
cblr-2902	444	10	corporate	corporate	ADJ
cblr-2902	444	11	finance	finance	NOUN
cblr-2902	444	12	,	,	PUNCT
cblr-2902	444	13	one	one	PRON
cblr-2902	444	14	can	can	AUX
cblr-2902	444	15	do	do	VERB
cblr-2902	444	16	little	little	ADV
cblr-2902	444	17	more	more	ADJ
cblr-2902	444	18	than	than	SCONJ
cblr-2902	444	19	try	try	VERB
cblr-2902	444	20	to	to	PART
cblr-2902	444	21	detect	detect	VERB
cblr-2902	444	22	gross	gross	ADJ
cblr-2902	444	23	distortions	distortion	NOUN
cblr-2902	444	24	in	in	ADP
cblr-2902	444	25	the	the	DET
cblr-2902	444	26	experts	expert	NOUN
cblr-2902	444	27	'	'	PART
cblr-2902	444	28	opinions	opinion	NOUN
cblr-2902	444	29	.	.	PUNCT
cblr-2902	445	1	"	"	PUNCT
cblr-2902	445	2	)	)	PUNCT
cblr-2902	445	3	.	.	PUNCT
cblr-2902	446	1	7	7	NUM
cblr-2902	446	2	'	'	PART
cblr-2902	446	3	richard	richard	PROPN
cblr-2902	446	4	a.	a.	NOUN
cblr-2902	446	5	brealey	brealey	PROPN
cblr-2902	446	6	,	,	PUNCT
cblr-2902	446	7	stewart	stewart	PROPN
cblr-2902	446	8	c.	c.	PROPN
cblr-2902	446	9	myers	myers	PROPN
cblr-2902	446	10	&	&	CCONJ
cblr-2902	446	11	franklin	franklin	PROPN
cblr-2902	446	12	allen	allen	PROPN
cblr-2902	446	13	,	,	PUNCT
cblr-2902	446	14	principles	principle	NOUN
cblr-2902	446	15	of	of	ADP
cblr-2902	446	16	corporate	corporate	ADJ
cblr-2902	446	17	finance	finance	NOUN
cblr-2902	446	18	65	65	NUM
cblr-2902	446	19	(	(	PUNCT
cblr-2902	446	20	8th	8th	ADJ
cblr-2902	446	21	ed	ed	NOUN
cblr-2902	446	22	.	.	PUNCT
cblr-2902	446	23	2006	2006	NUM
cblr-2902	446	24	)	)	PUNCT
cblr-2902	446	25	;	;	PUNCT
cblr-2902	446	26	doft	doft	PROPN
cblr-2902	446	27	&	&	CCONJ
cblr-2902	446	28	co.	co.	PROPN
cblr-2902	446	29	v.	v.	ADP
cblr-2902	446	30	travelocity.com	travelocity.com	PROPN
cblr-2902	446	31	,	,	PUNCT
cblr-2902	446	32	inc	inc	PROPN
cblr-2902	446	33	.	.	PROPN
cblr-2902	446	34	,	,	PUNCT
cblr-2902	446	35	no	no	INTJ
cblr-2902	446	36	.	.	NOUN
cblr-2902	446	37	19734	19734	NUM
cblr-2902	446	38	,	,	PUNCT
cblr-2902	446	39	2004	2004	NUM
cblr-2902	446	40	wl	wl	NOUN
cblr-2902	446	41	1152338	1152338	NUM
cblr-2902	446	42	,	,	PUNCT
cblr-2902	446	43	at	at	ADP
cblr-2902	446	44	*	*	NOUN
cblr-2902	446	45	5	5	NUM
cblr-2902	446	46	(	(	PUNCT
cblr-2902	446	47	del	del	PROPN
cblr-2902	446	48	.	.	PROPN
cblr-2902	446	49	ch	ch	PROPN
cblr-2902	446	50	.	.	PROPN
cblr-2902	446	51	may	may	AUX
cblr-2902	446	52	20	20	NUM
cblr-2902	446	53	,	,	PUNCT
cblr-2902	446	54	2004	2004	NUM
cblr-2902	446	55	)	)	PUNCT
cblr-2902	446	56	.	.	PUNCT
cblr-2902	447	1	144	144	NUM
cblr-2902	447	2	col	col	PROPN
cblr-2902	447	3	umia	umia	PROPN
cblr-2902	447	4	b	b	PROPN
cblr-2902	447	5	usiness	usiness	PROPN
cblr-2902	447	6	la	la	PROPN
cblr-2902	447	7	w	w	PROPN
cblr-2902	447	8	re	re	PROPN
cblr-2902	447	9	vie	vie	PROPN
cblr-2902	447	10	w	w	PROPN
cblr-2902	448	1	[	[	X
cblr-2902	448	2	vol	vol	NOUN
cblr-2902	448	3	.	.	PUNCT
cblr-2902	449	1	201	201	NUM
cblr-2902	449	2	1	1	NUM
cblr-2902	449	3	the	the	DET
cblr-2902	449	4	outcome	outcome	NOUN
cblr-2902	449	5	of	of	ADP
cblr-2902	449	6	a	a	DET
cblr-2902	449	7	dcf	dcf	NOUN
cblr-2902	449	8	analysis,72	analysis,72	NOUN
cblr-2902	449	9	either	either	CCONJ
cblr-2902	449	10	by	by	ADP
cblr-2902	449	11	constructing	construct	VERB
cblr-2902	449	12	their	their	PRON
cblr-2902	449	13	own	own	ADJ
cblr-2902	449	14	post	post	X
cblr-2902	449	15	hoc	hoc	X
cblr-2902	449	16	cash	cash	NOUN
cblr-2902	449	17	-	-	PUNCT
cblr-2902	449	18	flow	flow	NOUN
cblr-2902	449	19	projections	projection	NOUN
cblr-2902	449	20	or	or	CCONJ
cblr-2902	449	21	by	by	ADP
cblr-2902	449	22	selectively	selectively	ADV
cblr-2902	449	23	emphasizing	emphasize	VERB
cblr-2902	449	24	certain	certain	ADJ
cblr-2902	449	25	projections	projection	NOUN
cblr-2902	449	26	that	that	PRON
cblr-2902	449	27	were	be	AUX
cblr-2902	449	28	created	create	VERB
cblr-2902	449	29	at	at	ADP
cblr-2902	449	30	the	the	DET
cblr-2902	449	31	time	time	NOUN
cblr-2902	449	32	of	of	ADP
cblr-2902	449	33	the	the	DET
cblr-2902	449	34	allegedly	allegedly	ADV
cblr-2902	449	35	fraudulent	fraudulent	ADJ
cblr-2902	449	36	transaction	transaction	NOUN
cblr-2902	449	37	.	.	PUNCT
cblr-2902	449	38	"	"	PUNCT
cblr-2902	450	1	terminal	terminal	ADJ
cblr-2902	450	2	value	value	NOUN
cblr-2902	450	3	can	can	AUX
cblr-2902	450	4	similarly	similarly	ADV
cblr-2902	450	5	be	be	AUX
cblr-2902	450	6	manipulated	manipulate	VERB
cblr-2902	450	7	because	because	SCONJ
cblr-2902	450	8	it	it	PRON
cblr-2902	450	9	depends	depend	VERB
cblr-2902	450	10	on	on	ADP
cblr-2902	450	11	the	the	DET
cblr-2902	450	12	last	last	ADJ
cblr-2902	450	13	year	year	NOUN
cblr-2902	450	14	of	of	ADP
cblr-2902	450	15	cash	cash	NOUN
cblr-2902	450	16	-	-	PUNCT
cblr-2902	450	17	flow	flow	NOUN
cblr-2902	450	18	projections	projection	NOUN
cblr-2902	450	19	and	and	CCONJ
cblr-2902	450	20	on	on	ADP
cblr-2902	450	21	a	a	DET
cblr-2902	450	22	perpetual	perpetual	ADJ
cblr-2902	450	23	growth	growth	NOUN
cblr-2902	450	24	rate	rate	NOUN
cblr-2902	450	25	for	for	ADP
cblr-2902	450	26	the	the	DET
cblr-2902	450	27	company	company	NOUN
cblr-2902	450	28	.	.	PUNCT
cblr-2902	451	1	experts	expert	NOUN
cblr-2902	451	2	can	can	AUX
cblr-2902	451	3	manipulate	manipulate	VERB
cblr-2902	451	4	terminal	terminal	ADJ
cblr-2902	451	5	value	value	NOUN
cblr-2902	451	6	by	by	ADP
cblr-2902	451	7	choosing	choose	VERB
cblr-2902	451	8	a	a	DET
cblr-2902	451	9	growth	growth	NOUN
cblr-2902	451	10	rate	rate	NOUN
cblr-2902	451	11	that	that	PRON
cblr-2902	451	12	is	be	AUX
cblr-2902	451	13	similar	similar	ADJ
cblr-2902	451	14	to	to	ADP
cblr-2902	451	15	the	the	DET
cblr-2902	451	16	historical	historical	ADJ
cblr-2902	451	17	growth	growth	NOUN
cblr-2902	451	18	rate	rate	NOUN
cblr-2902	451	19	of	of	ADP
cblr-2902	451	20	either	either	CCONJ
cblr-2902	451	21	the	the	DET
cblr-2902	451	22	company	company	NOUN
cblr-2902	451	23	,	,	PUNCT
cblr-2902	451	24	the	the	DET
cblr-2902	451	25	industry	industry	NOUN
cblr-2902	451	26	,	,	PUNCT
cblr-2902	451	27	or	or	CCONJ
cblr-2902	451	28	the	the	DET
cblr-2902	451	29	broader	broad	ADJ
cblr-2902	451	30	economy	economy	NOUN
cblr-2902	451	31	(	(	PUNCT
cblr-2902	451	32	u.s	u.s	PROPN
cblr-2902	451	33	.	.	PROPN
cblr-2902	451	34	or	or	CCONJ
cblr-2902	451	35	global)--whichever	global)--whichever	PROPN
cblr-2902	451	36	leads	lead	VERB
cblr-2902	451	37	to	to	ADP
cblr-2902	451	38	the	the	DET
cblr-2902	451	39	outcome	outcome	NOUN
cblr-2902	451	40	they	they	PRON
cblr-2902	451	41	prefer	prefer	VERB
cblr-2902	451	42	.	.	PUNCT
cblr-2902	452	1	in	in	ADP
cblr-2902	452	2	the	the	DET
cblr-2902	452	3	fraudulent	fraudulent	ADJ
cblr-2902	452	4	transfer	transfer	NOUN
cblr-2902	452	5	context	context	NOUN
cblr-2902	452	6	,	,	PUNCT
cblr-2902	452	7	where	where	SCONJ
cblr-2902	452	8	experts	expert	NOUN
cblr-2902	452	9	retroactively	retroactively	ADV
cblr-2902	452	10	select	select	VERB
cblr-2902	452	11	cash	cash	NOUN
cblr-2902	452	12	-	-	PUNCT
cblr-2902	452	13	flow	flow	NOUN
cblr-2902	452	14	"	"	PUNCT
cblr-2902	452	15	projections	projection	NOUN
cblr-2902	452	16	"	"	PUNCT
cblr-2902	452	17	for	for	ADP
cblr-2902	452	18	the	the	DET
cblr-2902	452	19	period	period	NOUN
cblr-2902	452	20	between	between	ADP
cblr-2902	452	21	the	the	DET
cblr-2902	452	22	challenged	challenge	VERB
cblr-2902	452	23	transaction	transaction	NOUN
cblr-2902	452	24	and	and	CCONJ
cblr-2902	452	25	the	the	DET
cblr-2902	452	26	bankruptcy	bankruptcy	NOUN
cblr-2902	452	27	,	,	PUNCT
cblr-2902	452	28	the	the	DET
cblr-2902	452	29	credibility	credibility	NOUN
cblr-2902	452	30	of	of	ADP
cblr-2902	452	31	cash	cash	NOUN
cblr-2902	452	32	-	-	PUNCT
cblr-2902	452	33	flow	flow	NOUN
cblr-2902	452	34	projections	projection	NOUN
cblr-2902	452	35	and	and	CCONJ
cblr-2902	452	36	growth	growth	NOUN
cblr-2902	452	37	rates	rate	NOUN
cblr-2902	452	38	depends	depend	VERB
cblr-2902	452	39	on	on	ADP
cblr-2902	452	40	the	the	DET
cblr-2902	452	41	apparent	apparent	ADJ
cblr-2902	452	42	foreseeability	foreseeability	NOUN
cblr-2902	452	43	of	of	ADP
cblr-2902	452	44	the	the	DET
cblr-2902	452	45	business	business	NOUN
cblr-2902	452	46	setbacks	setback	NOUN
cblr-2902	452	47	that	that	PRON
cblr-2902	452	48	derailed	derail	VERB
cblr-2902	452	49	the	the	DET
cblr-2902	452	50	debtor	debtor	NOUN
cblr-2902	452	51	.	.	PUNCT
cblr-2902	453	1	foreseeability	foreseeability	NOUN
cblr-2902	453	2	is	be	AUX
cblr-2902	453	3	determined	determine	VERB
cblr-2902	453	4	on	on	ADP
cblr-2902	453	5	a	a	DET
cblr-2902	453	6	case	case	NOUN
cblr-2902	453	7	-	-	PUNCT
cblr-2902	453	8	by	by	ADP
cblr-2902	453	9	-	-	PUNCT
cblr-2902	453	10	case	case	NOUN
cblr-2902	453	11	basis	basis	NOUN
cblr-2902	453	12	,	,	PUNCT
cblr-2902	453	13	but	but	CCONJ
cblr-2902	453	14	such	such	DET
cblr-2902	453	15	an	an	DET
cblr-2902	453	16	ad	ad	NOUN
cblr-2902	453	17	hoc	hoc	X
cblr-2902	453	18	approach	approach	NOUN
cblr-2902	453	19	to	to	ADP
cblr-2902	453	20	justice	justice	NOUN
cblr-2902	453	21	provides	provide	VERB
cblr-2902	453	22	little	little	ADJ
cblr-2902	453	23	guidance	guidance	NOUN
cblr-2902	453	24	to	to	ADP
cblr-2902	453	25	counterparties	counterpartie	NOUN
cblr-2902	453	26	structuring	structuring	NOUN
cblr-2902	453	27	transactions	transaction	NOUN
cblr-2902	453	28	.	.	PUNCT
cblr-2902	454	1	in	in	ADP
cblr-2902	454	2	many	many	ADJ
cblr-2902	454	3	cases	case	NOUN
cblr-2902	454	4	,	,	PUNCT
cblr-2902	454	5	courts	court	NOUN
cblr-2902	454	6	have	have	AUX
cblr-2902	454	7	reached	reach	VERB
cblr-2902	454	8	seemingly	seemingly	ADV
cblr-2902	454	9	inconsistent	inconsistent	ADJ
cblr-2902	454	10	determinations	determination	NOUN
cblr-2902	454	11	about	about	ADP
cblr-2902	454	12	whether	whether	SCONJ
cblr-2902	454	13	a	a	DET
cblr-2902	454	14	particular	particular	ADJ
cblr-2902	454	15	type	type	NOUN
cblr-2902	454	16	of	of	ADP
cblr-2902	454	17	business	business	NOUN
cblr-2902	454	18	setback	setback	NOUN
cblr-2902	454	19	is	be	AUX
cblr-2902	454	20	foreseeable	foreseeable	ADJ
cblr-2902	454	21	.	.	PUNCT
cblr-2902	455	1	low	low	ADJ
cblr-2902	455	2	-	-	PUNCT
cblr-2902	455	3	cost	cost	NOUN
cblr-2902	455	4	competition	competition	NOUN
cblr-2902	455	5	is	be	AUX
cblr-2902	455	6	apparently	apparently	ADV
cblr-2902	455	7	foreseeable	foreseeable	ADJ
cblr-2902	455	8	in	in	ADP
cblr-2902	455	9	the	the	DET
cblr-2902	455	10	automotive	automotive	ADJ
cblr-2902	455	11	industry,74	industry,74	NOUN
cblr-2902	455	12	but	but	CCONJ
cblr-2902	455	13	not	not	PART
cblr-2902	455	14	in	in	ADP
cblr-2902	455	15	the	the	DET
cblr-2902	455	16	mobile	mobile	ADJ
cblr-2902	455	17	72	72	NUM
cblr-2902	455	18	see	see	NOUN
cblr-2902	455	19	to	to	PART
cblr-2902	455	20	-	-	PUNCT
cblr-2902	455	21	am	am	NOUN
cblr-2902	455	22	equip	equip	NOUN
cblr-2902	455	23	.	.	PUNCT
cblr-2902	456	1	co.	co.	PROPN
cblr-2902	457	1	v.	v.	ADP
cblr-2902	457	2	mitsubishi	mitsubishi	PROPN
cblr-2902	457	3	caterpillar	caterpillar	PROPN
cblr-2902	457	4	forklift	forklift	NOUN
cblr-2902	457	5	am	am	NOUN
cblr-2902	457	6	.	.	PROPN
cblr-2902	457	7	,	,	PUNCT
cblr-2902	457	8	inc	inc	PROPN
cblr-2902	457	9	.	.	PROPN
cblr-2902	457	10	,	,	PUNCT
cblr-2902	457	11	953	953	NUM
cblr-2902	457	12	f.	f.	PROPN
cblr-2902	457	13	supp	supp	PROPN
cblr-2902	457	14	.	.	PUNCT
cblr-2902	458	1	987	987	NUM
cblr-2902	458	2	,	,	PUNCT
cblr-2902	458	3	996	996	NUM
cblr-2902	458	4	-	-	SYM
cblr-2902	458	5	997	997	NUM
cblr-2902	458	6	(	(	PUNCT
cblr-2902	458	7	n.d	n.d	PROPN
cblr-2902	458	8	.	.	PROPN
cblr-2902	458	9	ill	ill	PROPN
cblr-2902	458	10	.	.	PROPN
cblr-2902	458	11	1997	1997	NUM
cblr-2902	458	12	)	)	PUNCT
cblr-2902	458	13	,	,	PUNCT
cblr-2902	458	14	affd	affd	PROPN
cblr-2902	458	15	,	,	PUNCT
cblr-2902	458	16	152	152	NUM
cblr-2902	458	17	f.3d	f.3d	NUM
cblr-2902	458	18	658	658	NUM
cblr-2902	458	19	(	(	PUNCT
cblr-2902	458	20	7th	7th	ADJ
cblr-2902	458	21	cir	cir	NOUN
cblr-2902	458	22	.	.	PUNCT
cblr-2902	458	23	1998	1998	NUM
cblr-2902	458	24	)	)	PUNCT
cblr-2902	458	25	;	;	PUNCT
cblr-2902	458	26	iridium	iridium	PROPN
cblr-2902	458	27	capital	capital	PROPN
cblr-2902	458	28	corp	corp	PROPN
cblr-2902	458	29	.	.	PROPN
cblr-2902	458	30	v.	v.	PROPN
cblr-2902	458	31	motorola	motorola	PROPN
cblr-2902	458	32	,	,	PUNCT
cblr-2902	458	33	inc	inc	PROPN
cblr-2902	458	34	.	.	PROPN
cblr-2902	459	1	(	(	PUNCT
cblr-2902	459	2	in	in	ADP
cblr-2902	459	3	re	re	X
cblr-2902	459	4	iridium	iridium	NOUN
cblr-2902	459	5	operating	operate	VERB
cblr-2902	459	6	)	)	PUNCT
cblr-2902	459	7	,	,	PUNCT
cblr-2902	459	8	373	373	NUM
cblr-2902	459	9	b.r	b.r	PROPN
cblr-2902	459	10	.	.	PROPN
cblr-2902	459	11	283	283	NUM
cblr-2902	459	12	,	,	PUNCT
cblr-2902	459	13	351	351	NUM
cblr-2902	459	14	(	(	PUNCT
cblr-2902	459	15	bankr	bankr	PROPN
cblr-2902	459	16	.	.	PUNCT
cblr-2902	460	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	460	2	.	.	PROPN
cblr-2902	460	3	2007	2007	NUM
cblr-2902	460	4	)	)	PUNCT
cblr-2902	460	5	.	.	PUNCT
cblr-2902	461	1	7	7	NUM
cblr-2902	461	2	to	to	PART
cblr-2902	461	3	-	-	PUNCT
cblr-2902	461	4	am	am	NOUN
cblr-2902	461	5	equip	equip	NOUN
cblr-2902	461	6	.	.	PUNCT
cblr-2902	461	7	,	,	PUNCT
cblr-2902	461	8	953	953	NUM
cblr-2902	461	9	f.	f.	PROPN
cblr-2902	461	10	supp	supp	PROPN
cblr-2902	461	11	.	.	PUNCT
cblr-2902	462	1	at	at	ADP
cblr-2902	462	2	996	996	NUM
cblr-2902	462	3	(	(	PUNCT
cblr-2902	462	4	"	"	PUNCT
cblr-2902	462	5	[	[	X
cblr-2902	462	6	a	a	X
cblr-2902	462	7	]	]	X
cblr-2902	462	8	skilled	skilled	ADJ
cblr-2902	462	9	practitioner	practitioner	NOUN
cblr-2902	462	10	can	can	AUX
cblr-2902	462	11	come	come	VERB
cblr-2902	462	12	up	up	ADP
cblr-2902	462	13	with	with	ADP
cblr-2902	462	14	just	just	ADV
cblr-2902	462	15	about	about	ADV
cblr-2902	462	16	any	any	DET
cblr-2902	462	17	[	[	X
cblr-2902	462	18	projected	project	VERB
cblr-2902	462	19	future	future	ADJ
cblr-2902	462	20	cash	cash	NOUN
cblr-2902	462	21	-	-	PUNCT
cblr-2902	462	22	flow	flow	NOUN
cblr-2902	462	23	]	]	PUNCT
cblr-2902	462	24	value	value	NOUN
cblr-2902	462	25	he	he	PRON
cblr-2902	462	26	wants	want	VERB
cblr-2902	462	27	.	.	PUNCT
cblr-2902	462	28	.	.	PUNCT
cblr-2902	462	29	.	.	PUNCT
cblr-2902	462	30	.	.	PUNCT
cblr-2902	463	1	"	"	PUNCT
cblr-2902	463	2	)	)	PUNCT
cblr-2902	463	3	;	;	PUNCT
cblr-2902	463	4	see	see	VERB
cblr-2902	463	5	also	also	ADV
cblr-2902	463	6	bernstein	bernstein	PROPN
cblr-2902	463	7	,	,	PUNCT
cblr-2902	463	8	seabury	seabury	PROPN
cblr-2902	463	9	&	&	CCONJ
cblr-2902	463	10	williams	williams	PROPN
cblr-2902	463	11	,	,	PUNCT
cblr-2902	463	12	supra	supra	PROPN
cblr-2902	463	13	note	note	PROPN
cblr-2902	463	14	57	57	NUM
cblr-2902	463	15	,	,	PUNCT
cblr-2902	463	16	at	at	ADP
cblr-2902	463	17	187	187	NUM
cblr-2902	463	18	-	-	SYM
cblr-2902	463	19	88	88	NUM
cblr-2902	463	20	(	(	PUNCT
cblr-2902	463	21	noting	note	VERB
cblr-2902	463	22	that	that	SCONJ
cblr-2902	463	23	experts	expert	NOUN
cblr-2902	463	24	may	may	AUX
cblr-2902	463	25	use	use	VERB
cblr-2902	463	26	projections	projection	NOUN
cblr-2902	463	27	prepared	prepare	VERB
cblr-2902	463	28	by	by	ADP
cblr-2902	463	29	management	management	NOUN
cblr-2902	463	30	or	or	CCONJ
cblr-2902	463	31	investors	investor	NOUN
cblr-2902	463	32	,	,	PUNCT
cblr-2902	463	33	or	or	CCONJ
cblr-2902	463	34	develop	develop	VERB
cblr-2902	463	35	their	their	PRON
cblr-2902	463	36	own	own	ADJ
cblr-2902	463	37	projections	projection	NOUN
cblr-2902	463	38	)	)	PUNCT
cblr-2902	463	39	.	.	PUNCT
cblr-2902	464	1	management	management	NOUN
cblr-2902	464	2	,	,	PUNCT
cblr-2902	464	3	lending	lending	NOUN
cblr-2902	464	4	banks	bank	NOUN
cblr-2902	464	5	,	,	PUNCT
cblr-2902	464	6	investors	investor	NOUN
cblr-2902	464	7	,	,	PUNCT
cblr-2902	464	8	and	and	CCONJ
cblr-2902	464	9	wall	wall	PROPN
cblr-2902	464	10	street	street	PROPN
cblr-2902	464	11	research	research	PROPN
cblr-2902	464	12	analysts	analyst	NOUN
cblr-2902	464	13	will	will	AUX
cblr-2902	464	14	typically	typically	ADV
cblr-2902	464	15	all	all	PRON
cblr-2902	464	16	have	have	VERB
cblr-2902	464	17	prepared	prepare	VERB
cblr-2902	464	18	projections	projection	NOUN
cblr-2902	464	19	for	for	ADP
cblr-2902	464	20	large	large	ADJ
cblr-2902	464	21	companies	company	NOUN
cblr-2902	464	22	,	,	PUNCT
cblr-2902	464	23	often	often	ADV
cblr-2902	464	24	under	under	ADP
cblr-2902	464	25	several	several	ADJ
cblr-2902	464	26	different	different	ADJ
cblr-2902	464	27	scenarios	scenario	NOUN
cblr-2902	464	28	and	and	CCONJ
cblr-2902	464	29	at	at	ADP
cblr-2902	464	30	several	several	ADJ
cblr-2902	464	31	different	different	ADJ
cblr-2902	464	32	points	point	NOUN
cblr-2902	464	33	in	in	ADP
cblr-2902	464	34	time	time	NOUN
cblr-2902	464	35	.	.	PUNCT
cblr-2902	465	1	baird	baird	PROPN
cblr-2902	465	2	&	&	CCONJ
cblr-2902	465	3	bernstein	bernstein	PROPN
cblr-2902	465	4	,	,	PUNCT
cblr-2902	465	5	supra	supra	PROPN
cblr-2902	465	6	note	note	PROPN
cblr-2902	465	7	27	27	NUM
cblr-2902	465	8	,	,	PUNCT
cblr-2902	465	9	at	at	ADP
cblr-2902	465	10	1942	1942	NUM
cblr-2902	465	11	-	-	SYM
cblr-2902	465	12	43	43	NUM
cblr-2902	465	13	.	.	NOUN
cblr-2902	465	14	7	7	NUM
cblr-2902	465	15	see	see	VERB
cblr-2902	465	16	cnb	cnb	PROPN
cblr-2902	465	17	int'l	int'l	PROPN
cblr-2902	465	18	,	,	PUNCT
cblr-2902	465	19	inc	inc	PROPN
cblr-2902	465	20	.	.	PROPN
cblr-2902	466	1	v.	v.	ADP
cblr-2902	466	2	kelleher	kelleher	PROPN
cblr-2902	466	3	(	(	PUNCT
cblr-2902	466	4	in	in	ADP
cblr-2902	466	5	re	re	PROPN
cblr-2902	466	6	cnb	cnb	PROPN
cblr-2902	466	7	int'l	int'l	PROPN
cblr-2902	466	8	,	,	PUNCT
cblr-2902	466	9	inc	inc	PROPN
cblr-2902	466	10	.	.	PROPN
cblr-2902	466	11	)	)	PUNCT
cblr-2902	466	12	,	,	PUNCT
cblr-2902	466	13	393	393	NUM
cblr-2902	466	14	b.r	b.r	PROPN
cblr-2902	466	15	.	.	PROPN
cblr-2902	466	16	306	306	NUM
cblr-2902	466	17	,	,	PUNCT
cblr-2902	466	18	321	321	NUM
cblr-2902	466	19	(	(	PUNCT
cblr-2902	466	20	bankr	bankr	PROPN
cblr-2902	466	21	.	.	PUNCT
cblr-2902	467	1	w.d.n.y	w.d.n.y	PROPN
cblr-2902	467	2	.	.	NOUN
cblr-2902	467	3	2008	2008	NUM
cblr-2902	467	4	)	)	PUNCT
cblr-2902	467	5	(	(	PUNCT
cblr-2902	467	6	finding	find	VERB
cblr-2902	467	7	that	that	DET
cblr-2902	467	8	competition	competition	NOUN
cblr-2902	467	9	from	from	ADP
cblr-2902	467	10	low	low	ADJ
cblr-2902	467	11	-	-	PUNCT
cblr-2902	467	12	cost	cost	NOUN
cblr-2902	467	13	asian	asian	ADJ
cblr-2902	467	14	labor	labor	NOUN
cblr-2902	467	15	was	be	AUX
cblr-2902	467	16	foreseeable	foreseeable	ADJ
cblr-2902	467	17	)	)	PUNCT
cblr-2902	467	18	.	.	PUNCT
cblr-2902	468	1	leveraged	leverage	VERB
cblr-2902	468	2	buyout	buyout	NOUN
cblr-2902	468	3	bankruptciesno	bankruptciesno	NOUN
cblr-2902	468	4	.	.	PUNCT
cblr-2902	469	1	i	i	PRON
cblr-2902	469	2	:	:	PUNCT
cblr-2902	469	3	1181	1181	NUM
cblr-2902	469	4	145	145	NUM
cblr-2902	469	5	coluambia	coluambia	NOUN
cblr-2902	469	6	business	business	NOUN
cblr-2902	469	7	law	law	NOUN
cblr-2902	469	8	review	review	NOUN
cblr-2902	469	9	communications	communication	NOUN
cblr-2902	469	10	industry	industry	NOUN
cblr-2902	469	11	.	.	PUNCT
cblr-2902	469	12	"	"	PUNCT
cblr-2902	470	1	loss	loss	NOUN
cblr-2902	470	2	of	of	ADP
cblr-2902	470	3	revenue	revenue	NOUN
cblr-2902	470	4	is	be	AUX
cblr-2902	470	5	apparently	apparently	ADV
cblr-2902	470	6	foreseeable	foreseeable	ADJ
cblr-2902	470	7	if	if	SCONJ
cblr-2902	470	8	it	it	PRON
cblr-2902	470	9	is	be	AUX
cblr-2902	470	10	due	due	ADJ
cblr-2902	470	11	to	to	ADP
cblr-2902	470	12	the	the	DET
cblr-2902	470	13	loss	loss	NOUN
cblr-2902	470	14	of	of	ADP
cblr-2902	470	15	a	a	DET
cblr-2902	470	16	key	key	ADJ
cblr-2902	470	17	customer,76	customer,76	NOUN
cblr-2902	470	18	but	but	CCONJ
cblr-2902	470	19	not	not	PART
cblr-2902	470	20	if	if	SCONJ
cblr-2902	470	21	it	it	PRON
cblr-2902	470	22	is	be	AUX
cblr-2902	470	23	due	due	ADJ
cblr-2902	470	24	to	to	ADP
cblr-2902	470	25	the	the	DET
cblr-2902	470	26	loss	loss	NOUN
cblr-2902	470	27	of	of	ADP
cblr-2902	470	28	a	a	DET
cblr-2902	470	29	key	key	ADJ
cblr-2902	470	30	employee.77	employee.77	NOUN
cblr-2902	470	31	financial	financial	ADJ
cblr-2902	470	32	crises	crisis	NOUN
cblr-2902	470	33	are	be	AUX
cblr-2902	470	34	apparently	apparently	ADV
cblr-2902	470	35	not	not	PART
cblr-2902	470	36	foreseeable	foreseeable	ADJ
cblr-2902	470	37	if	if	SCONJ
cblr-2902	470	38	they	they	PRON
cblr-2902	470	39	are	be	AUX
cblr-2902	470	40	due	due	ADJ
cblr-2902	470	41	to	to	ADP
cblr-2902	470	42	defaults	default	NOUN
cblr-2902	470	43	by	by	ADP
cblr-2902	470	44	poor	poor	ADJ
cblr-2902	470	45	formerly	formerly	ADV
cblr-2902	470	46	communist	communist	ADJ
cblr-2902	470	47	countries,"7	countries,"7	NOUN
cblr-2902	471	1	but	but	CCONJ
cblr-2902	471	2	they	they	PRON
cblr-2902	471	3	are	be	AUX
cblr-2902	471	4	foreseeable	foreseeable	ADJ
cblr-2902	471	5	if	if	SCONJ
cblr-2902	471	6	they	they	PRON
cblr-2902	471	7	are	be	AUX
cblr-2902	471	8	due	due	ADJ
cblr-2902	471	9	to	to	ADP
cblr-2902	471	10	defaults	default	NOUN
cblr-2902	471	11	by	by	ADP
cblr-2902	471	12	poor	poor	ADJ
cblr-2902	471	13	subprime	subprime	ADJ
cblr-2902	471	14	mortgage	mortgage	NOUN
cblr-2902	471	15	borrowers.79	borrowers.79	VERB
cblr-2902	471	16	the	the	DET
cblr-2902	471	17	failure	failure	NOUN
cblr-2902	471	18	to	to	PART
cblr-2902	471	19	achieve	achieve	VERB
cblr-2902	471	20	post	post	ADJ
cblr-2902	471	21	-	-	ADJ
cblr-2902	471	22	merger	merger	ADJ
cblr-2902	471	23	synergies	synergy	NOUN
cblr-2902	471	24	may	may	AUX
cblr-2902	471	25	or	or	CCONJ
cblr-2902	471	26	may	may	AUX
cblr-2902	471	27	not	not	PART
cblr-2902	471	28	be	be	AUX
cblr-2902	471	29	foreseeable	foreseeable	ADJ
cblr-2902	471	30	,	,	PUNCT
cblr-2902	471	31	but	but	CCONJ
cblr-2902	471	32	the	the	DET
cblr-2902	471	33	manner	manner	NOUN
cblr-2902	471	34	in	in	ADP
cblr-2902	471	35	which	which	PRON
cblr-2902	471	36	the	the	DET
cblr-2902	471	37	judiciary	judiciary	NOUN
cblr-2902	471	38	will	will	AUX
cblr-2902	471	39	resolve	resolve	VERB
cblr-2902	471	40	these	these	DET
cblr-2902	471	41	matters	matter	NOUN
cblr-2902	471	42	certainly	certainly	ADV
cblr-2902	471	43	is	be	AUX
cblr-2902	471	44	not.so	not.so	NOUN
cblr-2902	471	45	in	in	ADP
cblr-2902	471	46	addition	addition	NOUN
cblr-2902	471	47	to	to	ADP
cblr-2902	471	48	contending	contend	VERB
cblr-2902	471	49	with	with	ADP
cblr-2902	471	50	manipulations	manipulation	NOUN
cblr-2902	471	51	by	by	ADP
cblr-2902	471	52	expert	expert	NOUN
cblr-2902	471	53	witnesses	witness	NOUN
cblr-2902	471	54	and	and	CCONJ
cblr-2902	471	55	inconsistent	inconsistent	ADJ
cblr-2902	471	56	precedent	precedent	NOUN
cblr-2902	471	57	,	,	PUNCT
cblr-2902	471	58	judges	judge	NOUN
cblr-2902	471	59	must	must	AUX
cblr-2902	471	60	also	also	ADV
cblr-2902	471	61	contend	contend	VERB
cblr-2902	471	62	with	with	ADP
cblr-2902	471	63	innate	innate	ADJ
cblr-2902	471	64	and	and	CCONJ
cblr-2902	471	65	universal	universal	ADJ
cblr-2902	471	66	psychological	psychological	ADJ
cblr-2902	471	67	biases	bias	NOUN
cblr-2902	471	68	that	that	PRON
cblr-2902	471	69	affect	affect	VERB
cblr-2902	471	70	all	all	DET
cblr-2902	471	71	decision	decision	NOUN
cblr-2902	471	72	makers	maker	NOUN
cblr-2902	471	73	.	.	PUNCT
cblr-2902	472	1	an	an	DET
cblr-2902	472	2	overwhelming	overwhelming	ADJ
cblr-2902	472	3	amount	amount	NOUN
cblr-2902	472	4	of	of	ADP
cblr-2902	472	5	psychological	psychological	ADJ
cblr-2902	472	6	research	research	NOUN
cblr-2902	472	7	suggests	suggest	VERB
cblr-2902	472	8	that	that	SCONJ
cblr-2902	472	9	a	a	DET
cblr-2902	472	10	judge	judge	NOUN
cblr-2902	472	11	will	will	AUX
cblr-2902	472	12	tend	tend	VERB
cblr-2902	472	13	to	to	PART
cblr-2902	472	14	believe	believe	VERB
cblr-2902	472	15	that	that	SCONJ
cblr-2902	472	16	projections	projection	NOUN
cblr-2902	472	17	that	that	SCONJ
cblr-2902	472	18	closely	closely	ADV
cblr-2902	472	19	match	match	VERB
cblr-2902	472	20	what	what	PRON
cblr-2902	472	21	actually	actually	ADV
cblr-2902	472	22	happened	happen	VERB
cblr-2902	472	23	are	be	AUX
cblr-2902	472	24	more	more	ADV
cblr-2902	472	25	reasonable	reasonable	ADJ
cblr-2902	472	26	than	than	SCONJ
cblr-2902	472	27	would	would	AUX
cblr-2902	472	28	a	a	DET
cblr-2902	472	29	decision	decision	NOUN
cblr-2902	472	30	maker	maker	NOUN
cblr-2902	472	31	7	7	NUM
cblr-2902	472	32	see	see	VERB
cblr-2902	472	33	in	in	ADP
cblr-2902	472	34	re	re	NOUN
cblr-2902	472	35	iridium	iridium	NOUN
cblr-2902	472	36	operating	operate	VERB
cblr-2902	472	37	,	,	PUNCT
cblr-2902	472	38	373	373	NUM
cblr-2902	472	39	b.r	b.r	PROPN
cblr-2902	472	40	.	.	PROPN
cblr-2902	472	41	at	at	ADP
cblr-2902	472	42	298	298	NUM
cblr-2902	472	43	(	(	PUNCT
cblr-2902	472	44	noting	note	VERB
cblr-2902	472	45	that	that	SCONJ
cblr-2902	472	46	competition	competition	NOUN
cblr-2902	472	47	from	from	ADP
cblr-2902	472	48	the	the	DET
cblr-2902	472	49	rapid	rapid	ADJ
cblr-2902	472	50	build	build	NOUN
cblr-2902	472	51	out	out	ADP
cblr-2902	472	52	of	of	ADP
cblr-2902	472	53	a	a	DET
cblr-2902	472	54	rival	rival	ADJ
cblr-2902	472	55	mobile	mobile	ADJ
cblr-2902	472	56	technology	technology	NOUN
cblr-2902	472	57	was	be	AUX
cblr-2902	472	58	unexpected	unexpected	ADJ
cblr-2902	472	59	)	)	PUNCT
cblr-2902	472	60	.	.	PUNCT
cblr-2902	473	1	76	76	NUM
cblr-2902	473	2	see	see	VERB
cblr-2902	473	3	in	in	ADP
cblr-2902	473	4	re	re	PROPN
cblr-2902	473	5	cnb	cnb	PROPN
cblr-2902	473	6	int'l	int'l	PROPN
cblr-2902	473	7	.	.	PROPN
cblr-2902	473	8	,	,	PUNCT
cblr-2902	473	9	393	393	NUM
cblr-2902	473	10	b.r	b.r	PROPN
cblr-2902	473	11	.	.	PROPN
cblr-2902	473	12	at	at	ADP
cblr-2902	473	13	321	321	NUM
cblr-2902	473	14	(	(	PUNCT
cblr-2902	473	15	finding	find	VERB
cblr-2902	473	16	that	that	DET
cblr-2902	473	17	subsequent	subsequent	ADJ
cblr-2902	473	18	inability	inability	NOUN
cblr-2902	473	19	to	to	PART
cblr-2902	473	20	meet	meet	VERB
cblr-2902	473	21	sales	sale	NOUN
cblr-2902	473	22	projections	projection	NOUN
cblr-2902	473	23	after	after	ADP
cblr-2902	473	24	reliance	reliance	NOUN
cblr-2902	473	25	on	on	ADP
cblr-2902	473	26	a	a	DET
cblr-2902	473	27	single	single	ADJ
cblr-2902	473	28	customer	customer	NOUN
cblr-2902	473	29	was	be	AUX
cblr-2902	473	30	foreseeable	foreseeable	ADJ
cblr-2902	473	31	)	)	PUNCT
cblr-2902	473	32	.	.	PUNCT
cblr-2902	474	1	1	1	NUM
cblr-2902	474	2	see	see	VERB
cblr-2902	474	3	mfs	mfs	PROPN
cblr-2902	474	4	/	/	SYM
cblr-2902	474	5	sun	sun	PROPN
cblr-2902	474	6	life	life	PROPN
cblr-2902	474	7	trust	trust	NOUN
cblr-2902	474	8	-	-	PUNCT
cblr-2902	474	9	high	high	ADJ
cblr-2902	474	10	yield	yield	NOUN
cblr-2902	474	11	series	series	PROPN
cblr-2902	474	12	v.	v.	PROPN
cblr-2902	474	13	van	van	PROPN
cblr-2902	474	14	dusen	dusen	PROPN
cblr-2902	474	15	airport	airport	PROPN
cblr-2902	474	16	servs	servs	PROPN
cblr-2902	474	17	.	.	PUNCT
cblr-2902	475	1	co.	co.	PROPN
cblr-2902	475	2	,	,	PUNCT
cblr-2902	475	3	910	910	PROPN
cblr-2902	475	4	f.	f.	PROPN
cblr-2902	475	5	supp	supp	PROPN
cblr-2902	475	6	.	.	PUNCT
cblr-2902	476	1	913	913	NUM
cblr-2902	476	2	,	,	PUNCT
cblr-2902	476	3	944	944	NUM
cblr-2902	476	4	(	(	PUNCT
cblr-2902	476	5	s.d.n.y	s.d.n.y	PROPN
cblr-2902	476	6	.	.	PROPN
cblr-2902	476	7	1995	1995	NUM
cblr-2902	476	8	)	)	PUNCT
cblr-2902	476	9	.	.	PUNCT
cblr-2902	477	1	71	71	NUM
cblr-2902	477	2	see	see	VERB
cblr-2902	477	3	peltz	peltz	PROPN
cblr-2902	477	4	v.	v.	PROPN
cblr-2902	477	5	hatten	hatten	PROPN
cblr-2902	477	6	,	,	PUNCT
cblr-2902	477	7	279	279	NUM
cblr-2902	477	8	b.r	b.r	PROPN
cblr-2902	477	9	.	.	PROPN
cblr-2902	477	10	710	710	NUM
cblr-2902	477	11	,	,	PUNCT
cblr-2902	477	12	734	734	NUM
cblr-2902	477	13	-	-	SYM
cblr-2902	477	14	47	47	NUM
cblr-2902	477	15	(	(	PUNCT
cblr-2902	477	16	d.	d.	PROPN
cblr-2902	477	17	del	del	PROPN
cblr-2902	477	18	.	.	PROPN
cblr-2902	477	19	2002	2002	NUM
cblr-2902	477	20	)	)	PUNCT
cblr-2902	477	21	(	(	PUNCT
cblr-2902	477	22	finding	find	VERB
cblr-2902	477	23	that	that	DET
cblr-2902	477	24	collapse	collapse	NOUN
cblr-2902	477	25	of	of	ADP
cblr-2902	477	26	the	the	DET
cblr-2902	477	27	high	high	ADJ
cblr-2902	477	28	-	-	PUNCT
cblr-2902	477	29	yield	yield	NOUN
cblr-2902	477	30	bond	bond	NOUN
cblr-2902	477	31	market	market	NOUN
cblr-2902	477	32	following	follow	VERB
cblr-2902	477	33	the	the	DET
cblr-2902	477	34	russian	russian	ADJ
cblr-2902	477	35	debt	debt	NOUN
cblr-2902	477	36	default	default	NOUN
cblr-2902	477	37	in	in	ADP
cblr-2902	477	38	the	the	DET
cblr-2902	477	39	late	late	ADJ
cblr-2902	477	40	1990s	1990	NOUN
cblr-2902	477	41	was	be	AUX
cblr-2902	477	42	not	not	PART
cblr-2902	477	43	foreseeable	foreseeable	ADJ
cblr-2902	477	44	)	)	PUNCT
cblr-2902	477	45	.	.	PUNCT
cblr-2902	478	1	7	7	NUM
cblr-2902	478	2	see	see	VERB
cblr-2902	478	3	official	official	ADJ
cblr-2902	478	4	comm	comm	NOUN
cblr-2902	478	5	.	.	PUNCT
cblr-2902	479	1	of	of	ADP
cblr-2902	479	2	unsecured	unsecured	ADJ
cblr-2902	479	3	creditors	creditor	NOUN
cblr-2902	479	4	of	of	ADP
cblr-2902	479	5	tousa	tousa	NOUN
cblr-2902	479	6	,	,	PUNCT
cblr-2902	479	7	inc	inc	PROPN
cblr-2902	479	8	.	.	PROPN
cblr-2902	479	9	v.	v.	PROPN
cblr-2902	479	10	citicorp	citicorp	PROPN
cblr-2902	479	11	n.	n.	PROPN
cblr-2902	479	12	am	am	PROPN
cblr-2902	479	13	.	.	PROPN
cblr-2902	479	14	,	,	PUNCT
cblr-2902	479	15	inc	inc	PROPN
cblr-2902	479	16	.	.	PROPN
cblr-2902	479	17	(	(	PUNCT
cblr-2902	479	18	in	in	ADP
cblr-2902	479	19	re	re	NOUN
cblr-2902	479	20	tousa	tousa	PROPN
cblr-2902	479	21	,	,	PUNCT
cblr-2902	479	22	inc	inc	PROPN
cblr-2902	479	23	.	.	PROPN
cblr-2902	479	24	)	)	PUNCT
cblr-2902	479	25	,	,	PUNCT
cblr-2902	479	26	422	422	NUM
cblr-2902	479	27	b.r	b.r	PROPN
cblr-2902	479	28	.	.	PROPN
cblr-2902	479	29	783	783	NUM
cblr-2902	479	30	,	,	PUNCT
cblr-2902	479	31	813	813	NUM
cblr-2902	479	32	-	-	SYM
cblr-2902	479	33	14	14	NUM
cblr-2902	479	34	(	(	PUNCT
cblr-2902	479	35	bankr	bankr	PROPN
cblr-2902	479	36	.	.	PUNCT
cblr-2902	480	1	s.d	s.d	PROPN
cblr-2902	480	2	.	.	PROPN
cblr-2902	480	3	fla	fla	PROPN
cblr-2902	480	4	.	.	PUNCT
cblr-2902	480	5	2009	2009	NUM
cblr-2902	480	6	)	)	PUNCT
cblr-2902	480	7	(	(	PUNCT
cblr-2902	480	8	finding	find	VERB
cblr-2902	480	9	that	that	SCONJ
cblr-2902	480	10	the	the	DET
cblr-2902	480	11	sharp	sharp	ADJ
cblr-2902	480	12	decline	decline	NOUN
cblr-2902	480	13	in	in	ADP
cblr-2902	480	14	the	the	DET
cblr-2902	480	15	housing	housing	NOUN
cblr-2902	480	16	market	market	NOUN
cblr-2902	480	17	in	in	ADP
cblr-2902	480	18	august	august	PROPN
cblr-2902	480	19	2007	2007	NUM
cblr-2902	480	20	was	be	AUX
cblr-2902	480	21	foreseeable	foreseeable	ADJ
cblr-2902	480	22	at	at	ADP
cblr-2902	480	23	least	least	ADJ
cblr-2902	480	24	several	several	ADJ
cblr-2902	480	25	months	month	NOUN
cblr-2902	480	26	prior	prior	ADV
cblr-2902	480	27	)	)	PUNCT
cblr-2902	480	28	,	,	PUNCT
cblr-2902	480	29	rev'd	rev'd	VERB
cblr-2902	480	30	on	on	ADP
cblr-2902	480	31	other	other	ADJ
cblr-2902	480	32	grounds	ground	NOUN
cblr-2902	480	33	,	,	PUNCT
cblr-2902	480	34	in	in	ADP
cblr-2902	480	35	re	re	NOUN
cblr-2902	480	36	tousa	tousa	PROPN
cblr-2902	480	37	,	,	PUNCT
cblr-2902	480	38	inc	inc	PROPN
cblr-2902	480	39	.	.	PROPN
cblr-2902	480	40	,	,	PUNCT
cblr-2902	480	41	nos	nos	PROPN
cblr-2902	480	42	.	.	PROPN
cblr-2902	480	43	10	10	NUM
cblr-2902	480	44	-	-	PUNCT
cblr-2902	480	45	60017	60017	NUM
cblr-2902	480	46	-	-	PUNCT
cblr-2902	480	47	civ	civ	NOUN
cblr-2902	480	48	/	/	SYM
cblr-2902	480	49	gold	gold	NOUN
cblr-2902	480	50	,	,	PUNCT
cblr-2902	480	51	10	10	NUM
cblr-2902	480	52	-	-	SYM
cblr-2902	480	53	61478	61478	NUM
cblr-2902	480	54	,	,	PUNCT
cblr-2902	480	55	1062032	1062032	NUM
cblr-2902	480	56	,	,	PUNCT
cblr-2902	480	57	10	10	NUM
cblr-2902	480	58	-	-	SYM
cblr-2902	480	59	62035	62035	NUM
cblr-2902	480	60	,	,	PUNCT
cblr-2902	480	61	10	10	NUM
cblr-2902	480	62	-	-	SYM
cblr-2902	480	63	62037	62037	NUM
cblr-2902	480	64	,	,	PUNCT
cblr-2902	480	65	2011	2011	NUM
cblr-2902	480	66	wl	wl	SYM
cblr-2902	480	67	522008	522008	NUM
cblr-2902	480	68	(	(	PUNCT
cblr-2902	480	69	s.d	s.d	PROPN
cblr-2902	480	70	.	.	PROPN
cblr-2902	480	71	fla	fla	PROPN
cblr-2902	480	72	.	.	PUNCT
cblr-2902	481	1	feb	feb	PROPN
cblr-2902	481	2	.	.	PROPN
cblr-2902	481	3	11	11	NUM
cblr-2902	481	4	,	,	PUNCT
cblr-2902	481	5	2011	2011	NUM
cblr-2902	481	6	)	)	PUNCT
cblr-2902	481	7	.	.	PUNCT
cblr-2902	482	1	so	so	ADV
cblr-2902	482	2	compare	compare	VERB
cblr-2902	482	3	in	in	ADP
cblr-2902	482	4	re	re	PROPN
cblr-2902	482	5	cnb	cnb	PROPN
cblr-2902	482	6	int'l	int'l	PROPN
cblr-2902	482	7	,	,	PUNCT
cblr-2902	482	8	393	393	NUM
cblr-2902	482	9	b.r	b.r	PROPN
cblr-2902	482	10	.	.	PROPN
cblr-2902	482	11	at	at	ADP
cblr-2902	482	12	320	320	NUM
cblr-2902	482	13	-	-	SYM
cblr-2902	482	14	21	21	NUM
cblr-2902	482	15	(	(	PUNCT
cblr-2902	482	16	finding	find	VERB
cblr-2902	482	17	that	that	SCONJ
cblr-2902	482	18	the	the	DET
cblr-2902	482	19	failure	failure	NOUN
cblr-2902	482	20	of	of	ADP
cblr-2902	482	21	synergistic	synergistic	ADJ
cblr-2902	482	22	benefits	benefit	NOUN
cblr-2902	482	23	to	to	PART
cblr-2902	482	24	materialize	materialize	VERB
cblr-2902	482	25	is	be	AUX
cblr-2902	482	26	foreseeable	foreseeable	ADJ
cblr-2902	482	27	and	and	CCONJ
cblr-2902	482	28	should	should	AUX
cblr-2902	482	29	be	be	AUX
cblr-2902	482	30	recognized	recognize	VERB
cblr-2902	482	31	as	as	ADP
cblr-2902	482	32	a	a	DET
cblr-2902	482	33	risk	risk	NOUN
cblr-2902	482	34	factor	factor	NOUN
cblr-2902	482	35	in	in	ADP
cblr-2902	482	36	financial	financial	ADJ
cblr-2902	482	37	projections	projection	NOUN
cblr-2902	482	38	)	)	PUNCT
cblr-2902	482	39	,	,	PUNCT
cblr-2902	482	40	with	with	ADP
cblr-2902	482	41	in	in	ADP
cblr-2902	482	42	re	re	PROPN
cblr-2902	482	43	sunbeam	sunbeam	PROPN
cblr-2902	482	44	corp	corp	PROPN
cblr-2902	482	45	.	.	PROPN
cblr-2902	482	46	,	,	PUNCT
cblr-2902	482	47	284	284	NUM
cblr-2902	482	48	b.r	b.r	PROPN
cblr-2902	482	49	.	.	PROPN
cblr-2902	482	50	355	355	NUM
cblr-2902	482	51	,	,	PUNCT
cblr-2902	482	52	372	372	NUM
cblr-2902	482	53	-	-	SYM
cblr-2902	482	54	73	73	NUM
cblr-2902	482	55	(	(	PUNCT
cblr-2902	482	56	bankr	bankr	PROPN
cblr-2902	482	57	.	.	PUNCT
cblr-2902	483	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	483	2	.	.	PROPN
cblr-2902	483	3	2002	2002	NUM
cblr-2902	483	4	)	)	PUNCT
cblr-2902	484	1	(	(	PUNCT
cblr-2902	484	2	finding	find	VERB
cblr-2902	484	3	that	that	DET
cblr-2902	484	4	insolvency	insolvency	NOUN
cblr-2902	484	5	after	after	ADP
cblr-2902	484	6	acquisitions	acquisition	NOUN
cblr-2902	484	7	was	be	AUX
cblr-2902	484	8	not	not	PART
cblr-2902	484	9	foreseeable	foreseeable	ADJ
cblr-2902	484	10	when	when	SCONJ
cblr-2902	484	11	synergistic	synergistic	ADJ
cblr-2902	484	12	benefits	benefit	NOUN
cblr-2902	484	13	in	in	ADP
cblr-2902	484	14	financial	financial	ADJ
cblr-2902	484	15	projections	projection	NOUN
cblr-2902	484	16	did	do	AUX
cblr-2902	484	17	not	not	PART
cblr-2902	484	18	materialize	materialize	VERB
cblr-2902	484	19	)	)	PUNCT
cblr-2902	484	20	.	.	PUNCT
cblr-2902	485	1	146	146	NUM
cblr-2902	486	1	[	[	X
cblr-2902	486	2	vol	vol	NOUN
cblr-2902	486	3	.	.	PUNCT
cblr-2902	486	4	2011	2011	NUM
cblr-2902	486	5	leveraged	leverage	VERB
cblr-2902	486	6	b	b	PROPN
cblr-2902	486	7	uyo	uyo	NOUN
cblr-2902	486	8	ut	ut	AUX
cblr-2902	486	9	bankr	bankr	VERB
cblr-2902	486	10	up	up	ADP
cblr-2902	486	11	tcies	tcie	NOUN
cblr-2902	486	12	who	who	PRON
cblr-2902	486	13	did	do	AUX
cblr-2902	486	14	not	not	PART
cblr-2902	486	15	have	have	VERB
cblr-2902	486	16	the	the	DET
cblr-2902	486	17	benefit	benefit	NOUN
cblr-2902	486	18	of	of	ADP
cblr-2902	486	19	hindsight	hindsight	NOUN
cblr-2902	486	20	.	.	PUNCT
cblr-2902	486	21	'	'	PUNCT
cblr-2902	487	1	in	in	ADP
cblr-2902	487	2	other	other	ADJ
cblr-2902	487	3	words	word	NOUN
cblr-2902	487	4	,	,	PUNCT
cblr-2902	487	5	the	the	DET
cblr-2902	487	6	court	court	NOUN
cblr-2902	487	7	will	will	AUX
cblr-2902	487	8	generally	generally	ADV
cblr-2902	487	9	tend	tend	VERB
cblr-2902	487	10	to	to	PART
cblr-2902	487	11	believe	believe	VERB
cblr-2902	487	12	that	that	SCONJ
cblr-2902	487	13	more	more	ADV
cblr-2902	487	14	negative	negative	ADJ
cblr-2902	487	15	projections	projection	NOUN
cblr-2902	487	16	are	be	AUX
cblr-2902	487	17	more	more	ADV
cblr-2902	487	18	reasonable	reasonable	ADJ
cblr-2902	487	19	because	because	SCONJ
cblr-2902	487	20	the	the	DET
cblr-2902	487	21	debtor	debtor	NOUN
cblr-2902	487	22	did	do	AUX
cblr-2902	487	23	in	in	ADP
cblr-2902	487	24	fact	fact	NOUN
cblr-2902	487	25	file	file	NOUN
cblr-2902	487	26	for	for	ADP
cblr-2902	487	27	bankruptcy	bankruptcy	NOUN
cblr-2902	487	28	.	.	PUNCT
cblr-2902	488	1	instructions	instruction	NOUN
cblr-2902	488	2	to	to	ADP
cblr-2902	488	3	the	the	DET
cblr-2902	488	4	contrary	contrary	NOUN
cblr-2902	488	5	,	,	PUNCT
cblr-2902	488	6	and	and	CCONJ
cblr-2902	488	7	legal	legal	ADJ
cblr-2902	488	8	prohibitions	prohibition	NOUN
cblr-2902	488	9	against	against	ADP
cblr-2902	488	10	hindsight	hindsight	ADJ
cblr-2902	488	11	,	,	PUNCT
cblr-2902	488	12	are	be	AUX
cblr-2902	488	13	an	an	DET
cblr-2902	488	14	ineffective	ineffective	ADJ
cblr-2902	488	15	prophylactic	prophylactic	NOUN
cblr-2902	488	16	against	against	ADP
cblr-2902	488	17	such	such	ADJ
cblr-2902	488	18	hindsight	hindsight	ADJ
cblr-2902	488	19	bias	bias	NOUN
cblr-2902	488	20	.	.	PUNCT
cblr-2902	489	1	2	2	X
cblr-2902	489	2	.	.	X
cblr-2902	489	3	discount	discount	NOUN
cblr-2902	489	4	rates	rate	NOUN
cblr-2902	489	5	can	can	AUX
cblr-2902	489	6	be	be	AUX
cblr-2902	489	7	manipulated	manipulate	VERB
cblr-2902	489	8	because	because	SCONJ
cblr-2902	489	9	they	they	PRON
cblr-2902	489	10	depend	depend	VERB
cblr-2902	489	11	on	on	ADP
cblr-2902	489	12	complicated	complicated	ADJ
cblr-2902	489	13	math	math	NOUN
cblr-2902	489	14	masking	mask	VERB
cblr-2902	489	15	subjective	subjective	ADJ
cblr-2902	489	16	assumptions	assumption	NOUN
cblr-2902	489	17	discount	discount	NOUN
cblr-2902	489	18	rates	rate	NOUN
cblr-2902	489	19	are	be	AUX
cblr-2902	489	20	important	important	ADJ
cblr-2902	489	21	for	for	SCONJ
cblr-2902	489	22	static	static	ADJ
cblr-2902	489	23	balance	balance	NOUN
cblr-2902	489	24	sheet	sheet	NOUN
cblr-2902	489	25	solvency	solvency	NOUN
cblr-2902	489	26	analysis.82	analysis.82	NOUN
cblr-2902	489	27	experts	expert	NOUN
cblr-2902	489	28	can	can	AUX
cblr-2902	489	29	manipulate	manipulate	VERB
cblr-2902	489	30	the	the	DET
cblr-2902	489	31	discount	discount	NOUN
cblr-2902	489	32	rate	rate	NOUN
cblr-2902	489	33	by	by	ADP
cblr-2902	489	34	choosing	choose	VERB
cblr-2902	489	35	from	from	ADP
cblr-2902	489	36	several	several	ADJ
cblr-2902	489	37	methods	method	NOUN
cblr-2902	489	38	of	of	ADP
cblr-2902	489	39	calculation	calculation	NOUN
cblr-2902	489	40	.	.	PUNCT
cblr-2902	489	41	"	"	PUNCT
cblr-2902	490	1	in	in	ADP
cblr-2902	490	2	addition	addition	NOUN
cblr-2902	490	3	,	,	PUNCT
cblr-2902	490	4	within	within	ADP
cblr-2902	490	5	each	each	DET
cblr-2902	490	6	method	method	NOUN
cblr-2902	490	7	,	,	PUNCT
cblr-2902	490	8	experts	expert	NOUN
cblr-2902	490	9	can	can	AUX
cblr-2902	490	10	manipulate	manipulate	VERB
cblr-2902	490	11	assumptions	assumption	NOUN
cblr-2902	490	12	about	about	ADP
cblr-2902	490	13	financial	financial	ADJ
cblr-2902	490	14	arcana8	arcana8	NOUN
cblr-2902	490	15	1	1	NUM
cblr-2902	490	16	such	such	ADJ
cblr-2902	490	17	as	as	ADP
cblr-2902	490	18	equity	equity	NOUN
cblr-2902	490	19	risk	risk	NOUN
cblr-2902	490	20	premiums	premium	NOUN
cblr-2902	490	21	"	"	PUNCT
cblr-2902	490	22	and	and	CCONJ
cblr-2902	490	23	systemic	systemic	ADJ
cblr-2902	490	24	risk	risk	NOUN
cblr-2902	490	25	(	(	PUNCT
cblr-2902	490	26	beta	beta	NOUN
cblr-2902	490	27	)	)	PUNCT
cblr-2902	490	28	.	.	PUNCT
cblr-2902	490	29	"	"	PUNCT
cblr-2902	491	1	81	81	NUM
cblr-2902	491	2	see	see	NOUN
cblr-2902	491	3	discussion	discussion	NOUN
cblr-2902	491	4	infra	infra	NOUN
cblr-2902	491	5	part	part	NOUN
cblr-2902	491	6	iii.e	iii.e	NOUN
cblr-2902	491	7	.	.	PUNCT
cblr-2902	491	8	8	8	NUM
cblr-2902	491	9	'	'	PUNCT
cblr-2902	491	10	see	see	NOUN
cblr-2902	491	11	brealey	brealey	NOUN
cblr-2902	491	12	,	,	PUNCT
cblr-2902	491	13	myers	myers	PROPN
cblr-2902	491	14	&	&	CCONJ
cblr-2902	491	15	allen	allen	PROPN
cblr-2902	491	16	,	,	PUNCT
cblr-2902	491	17	supra	supra	PROPN
cblr-2902	491	18	note	note	NOUN
cblr-2902	491	19	71	71	NUM
cblr-2902	491	20	,	,	PUNCT
cblr-2902	491	21	at	at	ADP
cblr-2902	491	22	16	16	NUM
cblr-2902	491	23	,	,	PUNCT
cblr-2902	491	24	37	37	NUM
cblr-2902	491	25	,	,	PUNCT
cblr-2902	491	26	222	222	NUM
cblr-2902	491	27	-	-	SYM
cblr-2902	491	28	24	24	NUM
cblr-2902	491	29	;	;	PUNCT
cblr-2902	491	30	koller	koller	PROPN
cblr-2902	491	31	,	,	PUNCT
cblr-2902	491	32	goedhart	goedhart	PROPN
cblr-2902	491	33	&	&	CCONJ
cblr-2902	491	34	wessels	wessels	PROPN
cblr-2902	491	35	,	,	PUNCT
cblr-2902	491	36	supra	supra	PROPN
cblr-2902	491	37	note	note	PROPN
cblr-2902	491	38	61	61	NUM
cblr-2902	491	39	,	,	PUNCT
cblr-2902	491	40	at	at	ADP
cblr-2902	491	41	292	292	NUM
cblr-2902	491	42	-	-	SYM
cblr-2902	491	43	94	94	NUM
cblr-2902	491	44	;	;	PUNCT
cblr-2902	491	45	bernstein	bernstein	PROPN
cblr-2902	491	46	,	,	PUNCT
cblr-2902	491	47	seabury	seabury	PROPN
cblr-2902	491	48	&	&	CCONJ
cblr-2902	491	49	williams	williams	PROPN
cblr-2902	491	50	,	,	PUNCT
cblr-2902	491	51	supra	supra	PROPN
cblr-2902	491	52	note	note	PROPN
cblr-2902	491	53	57	57	NUM
cblr-2902	491	54	,	,	PUNCT
cblr-2902	491	55	at	at	ADP
cblr-2902	491	56	190	190	NUM
cblr-2902	491	57	(	(	PUNCT
cblr-2902	491	58	"	"	PUNCT
cblr-2902	491	59	often	often	ADV
cblr-2902	491	60	the	the	DET
cblr-2902	491	61	key	key	ADJ
cblr-2902	491	62	determinant	determinant	ADJ
cblr-2902	491	63	and	and	CCONJ
cblr-2902	491	64	cause	cause	NOUN
cblr-2902	491	65	of	of	ADP
cblr-2902	491	66	variance	variance	NOUN
cblr-2902	491	67	among	among	ADP
cblr-2902	491	68	experts	expert	NOUN
cblr-2902	491	69	in	in	ADP
cblr-2902	491	70	their	their	PRON
cblr-2902	491	71	valuation	valuation	NOUN
cblr-2902	491	72	opinions	opinion	NOUN
cblr-2902	491	73	is	be	AUX
cblr-2902	491	74	the	the	DET
cblr-2902	491	75	selection	selection	NOUN
cblr-2902	491	76	of	of	ADP
cblr-2902	491	77	the	the	DET
cblr-2902	491	78	appropriate	appropriate	ADJ
cblr-2902	491	79	discount	discount	NOUN
cblr-2902	491	80	rate	rate	NOUN
cblr-2902	491	81	.	.	PUNCT
cblr-2902	492	1	"	"	PUNCT
cblr-2902	492	2	)	)	PUNCT
cblr-2902	492	3	.	.	PUNCT
cblr-2902	493	1	8	8	NUM
cblr-2902	493	2	brealey	brealey	NOUN
cblr-2902	493	3	,	,	PUNCT
cblr-2902	493	4	myers	myers	PROPN
cblr-2902	493	5	&	&	CCONJ
cblr-2902	493	6	allen	allen	PROPN
cblr-2902	493	7	,	,	PUNCT
cblr-2902	493	8	supra	supra	PROPN
cblr-2902	493	9	note	note	NOUN
cblr-2902	493	10	71	71	NUM
cblr-2902	493	11	,	,	PUNCT
cblr-2902	493	12	at	at	ADP
cblr-2902	493	13	66	66	NUM
cblr-2902	493	14	-	-	SYM
cblr-2902	493	15	67	67	NUM
cblr-2902	493	16	,	,	PUNCT
cblr-2902	493	17	222	222	NUM
cblr-2902	493	18	-	-	SYM
cblr-2902	493	19	26	26	NUM
cblr-2902	493	20	(	(	PUNCT
cblr-2902	493	21	recognizing	recognize	VERB
cblr-2902	493	22	that	that	SCONJ
cblr-2902	493	23	judgment	judgment	NOUN
cblr-2902	493	24	calls	call	VERB
cblr-2902	493	25	need	need	VERB
cblr-2902	493	26	to	to	PART
cblr-2902	493	27	be	be	AUX
cblr-2902	493	28	made	make	VERB
cblr-2902	493	29	in	in	ADP
cblr-2902	493	30	calculating	calculate	VERB
cblr-2902	493	31	the	the	DET
cblr-2902	493	32	appropriate	appropriate	ADJ
cblr-2902	493	33	discount	discount	NOUN
cblr-2902	493	34	rate	rate	NOUN
cblr-2902	493	35	)	)	PUNCT
cblr-2902	493	36	;	;	PUNCT
cblr-2902	493	37	bernstein	bernstein	PROPN
cblr-2902	493	38	,	,	PUNCT
cblr-2902	493	39	seabury	seabury	PROPN
cblr-2902	493	40	&	&	CCONJ
cblr-2902	493	41	williams	williams	PROPN
cblr-2902	493	42	,	,	PUNCT
cblr-2902	493	43	supra	supra	PROPN
cblr-2902	493	44	note	note	PROPN
cblr-2902	493	45	57	57	NUM
cblr-2902	493	46	,	,	PUNCT
cblr-2902	493	47	at	at	ADP
cblr-2902	493	48	191	191	NUM
cblr-2902	493	49	n.102	n.102	NOUN
cblr-2902	493	50	.	.	PUNCT
cblr-2902	494	1	8	8	NUM
cblr-2902	494	2	see	see	VERB
cblr-2902	494	3	del	del	PROPN
cblr-2902	494	4	.	.	PROPN
cblr-2902	494	5	open	open	ADJ
cblr-2902	494	6	mri	mri	PROPN
cblr-2902	494	7	radiology	radiology	NOUN
cblr-2902	494	8	assocs	assocs	PROPN
cblr-2902	494	9	.	.	PUNCT
cblr-2902	495	1	v.	v.	PROPN
cblr-2902	495	2	kessler	kessler	PROPN
cblr-2902	495	3	,	,	PUNCT
cblr-2902	495	4	898	898	NUM
cblr-2902	495	5	a.2d	a.2d	NUM
cblr-2902	495	6	290	290	NUM
cblr-2902	495	7	,	,	PUNCT
cblr-2902	495	8	338	338	NUM
cblr-2902	495	9	(	(	PUNCT
cblr-2902	495	10	del	del	PROPN
cblr-2902	495	11	.	.	PROPN
cblr-2902	495	12	ch	ch	PROPN
cblr-2902	495	13	.	.	PROPN
cblr-2902	495	14	2006	2006	NUM
cblr-2902	495	15	)	)	PUNCT
cblr-2902	496	1	(	(	PUNCT
cblr-2902	496	2	noting	note	VERB
cblr-2902	496	3	that	that	SCONJ
cblr-2902	496	4	"	"	PUNCT
cblr-2902	496	5	[	[	X
cblr-2902	496	6	tiestimonial	tiestimonial	ADJ
cblr-2902	496	7	feuds	feud	NOUN
cblr-2902	496	8	about	about	ADP
cblr-2902	496	9	discount	discount	NOUN
cblr-2902	496	10	rates	rate	NOUN
cblr-2902	496	11	often	often	ADV
cblr-2902	496	12	have	have	VERB
cblr-2902	496	13	the	the	DET
cblr-2902	496	14	quality	quality	NOUN
cblr-2902	496	15	of	of	ADP
cblr-2902	496	16	a	a	DET
cblr-2902	496	17	debate	debate	NOUN
cblr-2902	496	18	about	about	ADP
cblr-2902	496	19	the	the	DET
cblr-2902	496	20	relative	relative	ADJ
cblr-2902	496	21	merits	merit	NOUN
cblr-2902	496	22	of	of	ADP
cblr-2902	496	23	competing	compete	VERB
cblr-2902	496	24	alchemists	alchemist	NOUN
cblr-2902	496	25	"	"	PUNCT
cblr-2902	496	26	and	and	CCONJ
cblr-2902	496	27	that	that	SCONJ
cblr-2902	496	28	"	"	PUNCT
cblr-2902	496	29	[	[	X
cblr-2902	496	30	o]nce	o]nce	NOUN
cblr-2902	496	31	the	the	DET
cblr-2902	496	32	experts	expert	NOUN
cblr-2902	496	33	'	'	PART
cblr-2902	496	34	techniques	technique	NOUN
cblr-2902	496	35	for	for	ADP
cblr-2902	496	36	coming	come	VERB
cblr-2902	496	37	up	up	ADP
cblr-2902	496	38	with	with	ADP
cblr-2902	496	39	their	their	PRON
cblr-2902	496	40	discount	discount	NOUN
cblr-2902	496	41	rates	rate	NOUN
cblr-2902	496	42	are	be	AUX
cblr-2902	496	43	closely	closely	ADV
cblr-2902	496	44	analyzed	analyze	VERB
cblr-2902	496	45	,	,	PUNCT
cblr-2902	496	46	the	the	DET
cblr-2902	496	47	court	court	NOUN
cblr-2902	496	48	finds	find	VERB
cblr-2902	496	49	itself	itself	PRON
cblr-2902	496	50	in	in	ADP
cblr-2902	496	51	an	an	DET
cblr-2902	496	52	intellectual	intellectual	ADJ
cblr-2902	496	53	position	position	NOUN
cblr-2902	496	54	more	more	ADV
cblr-2902	496	55	religious	religious	ADJ
cblr-2902	496	56	than	than	ADP
cblr-2902	496	57	empirical	empirical	ADJ
cblr-2902	496	58	in	in	ADP
cblr-2902	496	59	nature	nature	NOUN
cblr-2902	496	60	,	,	PUNCT
cblr-2902	496	61	insofar	insofar	ADV
cblr-2902	496	62	as	as	SCONJ
cblr-2902	496	63	the	the	DET
cblr-2902	496	64	court	court	NOUN
cblr-2902	496	65	's	's	PART
cblr-2902	496	66	decision	decision	NOUN
cblr-2902	496	67	to	to	PART
cblr-2902	496	68	prefer	prefer	VERB
cblr-2902	496	69	one	one	NUM
cblr-2902	496	70	position	position	NOUN
cblr-2902	496	71	over	over	ADP
cblr-2902	496	72	the	the	DET
cblr-2902	496	73	other	other	ADJ
cblr-2902	496	74	is	be	AUX
cblr-2902	496	75	more	more	ADJ
cblr-2902	496	76	a	a	DET
cblr-2902	496	77	matter	matter	NOUN
cblr-2902	496	78	of	of	ADP
cblr-2902	496	79	faith	faith	NOUN
cblr-2902	496	80	than	than	ADP
cblr-2902	496	81	reason	reason	NOUN
cblr-2902	496	82	.	.	PUNCT
cblr-2902	496	83	"	"	PUNCT
cblr-2902	496	84	)	)	PUNCT
cblr-2902	496	85	.	.	PUNCT
cblr-2902	497	1	85	85	NUM
cblr-2902	497	2	see	see	VERB
cblr-2902	497	3	brealey	brealey	NOUN
cblr-2902	497	4	,	,	PUNCT
cblr-2902	497	5	myers	myers	PROPN
cblr-2902	497	6	&	&	CCONJ
cblr-2902	497	7	allen	allen	PROPN
cblr-2902	497	8	,	,	PUNCT
cblr-2902	497	9	supra	supra	PROPN
cblr-2902	497	10	note	note	NOUN
cblr-2902	497	11	71	71	NUM
cblr-2902	497	12	,	,	PUNCT
cblr-2902	497	13	at	at	ADP
cblr-2902	497	14	217	217	NUM
cblr-2902	497	15	(	(	PUNCT
cblr-2902	497	16	noting	note	VERB
cblr-2902	497	17	that	that	SCONJ
cblr-2902	497	18	"	"	PUNCT
cblr-2902	497	19	[	[	X
cblr-2902	497	20	measuring	measure	VERB
cblr-2902	497	21	differences	difference	NOUN
cblr-2902	497	22	in	in	ADP
cblr-2902	497	23	risk	risk	NOUN
cblr-2902	497	24	is	be	AUX
cblr-2902	497	25	difficult	difficult	ADJ
cblr-2902	497	26	to	to	PART
cblr-2902	497	27	do	do	VERB
cblr-2902	497	28	objectively	objectively	ADV
cblr-2902	497	29	"	"	PUNCT
cblr-2902	497	30	)	)	PUNCT
cblr-2902	497	31	;	;	PUNCT
cblr-2902	497	32	koller	koller	PROPN
cblr-2902	497	33	,	,	PUNCT
cblr-2902	497	34	goedhart	goedhart	PROPN
cblr-2902	497	35	&	&	CCONJ
cblr-2902	497	36	wessels	wessels	PROPN
cblr-2902	497	37	,	,	PUNCT
cblr-2902	497	38	supra	supra	PROPN
cblr-2902	497	39	note	note	PROPN
cblr-2902	497	40	61	61	NUM
cblr-2902	497	41	,	,	PUNCT
cblr-2902	497	42	at	at	ADP
cblr-2902	497	43	297	297	NUM
cblr-2902	497	44	-	-	SYM
cblr-2902	497	45	98	98	NUM
cblr-2902	497	46	(	(	PUNCT
cblr-2902	497	47	"	"	PUNCT
cblr-2902	497	48	sizing	size	VERB
cblr-2902	497	49	the	the	DET
cblr-2902	497	50	market	market	NOUN
cblr-2902	497	51	risk	risk	NOUN
cblr-2902	497	52	premium	premium	NOUN
cblr-2902	497	53	.	.	PUNCT
cblr-2902	497	54	.	.	PUNCT
cblr-2902	497	55	.	.	PUNCT
cblr-2902	498	1	is	be	AUX
cblr-2902	498	2	arguably	arguably	ADV
cblr-2902	498	3	the	the	DET
cblr-2902	498	4	most	most	ADV
cblr-2902	498	5	debated	debated	ADJ
cblr-2902	498	6	issue	issue	NOUN
cblr-2902	498	7	in	in	ADP
cblr-2902	498	8	finance	finance	NOUN
cblr-2902	498	9	.	.	PUNCT
cblr-2902	499	1	"	"	PUNCT
cblr-2902	499	2	)	)	PUNCT
cblr-2902	499	3	;	;	PUNCT
cblr-2902	499	4	bernstein	bernstein	PROPN
cblr-2902	499	5	,	,	PUNCT
cblr-2902	499	6	seabury	seabury	PROPN
cblr-2902	499	7	&	&	CCONJ
cblr-2902	499	8	williams	williams	PROPN
cblr-2902	499	9	,	,	PUNCT
cblr-2902	499	10	supra	supra	PROPN
cblr-2902	499	11	note	note	PROPN
cblr-2902	499	12	57	57	NUM
cblr-2902	499	13	,	,	PUNCT
cblr-2902	499	14	at	at	ADP
cblr-2902	499	15	190	190	NUM
cblr-2902	499	16	-	-	SYM
cblr-2902	499	17	93	93	NUM
cblr-2902	499	18	.	.	PUNCT
cblr-2902	500	1	86	86	NUM
cblr-2902	500	2	see	see	VERB
cblr-2902	500	3	brealey	brealey	PROPN
cblr-2902	500	4	,	,	PUNCT
cblr-2902	500	5	myers	myers	PROPN
cblr-2902	500	6	&	&	CCONJ
cblr-2902	500	7	allen	allen	PROPN
cblr-2902	500	8	,	,	PUNCT
cblr-2902	500	9	supra	supra	PROPN
cblr-2902	500	10	note	note	NOUN
cblr-2902	500	11	71	71	NUM
cblr-2902	500	12	,	,	PUNCT
cblr-2902	500	13	at	at	ADP
cblr-2902	500	14	219	219	NUM
cblr-2902	500	15	-	-	SYM
cblr-2902	500	16	21	21	NUM
cblr-2902	500	17	(	(	PUNCT
cblr-2902	500	18	discussing	discuss	VERB
cblr-2902	500	19	the	the	DET
cblr-2902	500	20	difficulties	difficulty	NOUN
cblr-2902	500	21	of	of	ADP
cblr-2902	500	22	measuring	measure	VERB
cblr-2902	500	23	beta	beta	NOUN
cblr-2902	500	24	)	)	PUNCT
cblr-2902	500	25	;	;	PUNCT
cblr-2902	500	26	koller	koller	PROPN
cblr-2902	500	27	,	,	PUNCT
cblr-2902	500	28	goedhart	goedhart	PROPN
cblr-2902	500	29	&	&	CCONJ
cblr-2902	500	30	wessels	wessels	PROPN
cblr-2902	500	31	,	,	PUNCT
cblr-2902	500	32	supra	supra	PROPN
cblr-2902	500	33	no	no	INTJ
cblr-2902	500	34	.	.	PROPN
cblr-2902	500	35	1	1	NUM
cblr-2902	500	36	:	:	SYM
cblr-2902	500	37	118	118	NUM
cblr-2902	500	38	]	]	SYM
cblr-2902	500	39	147	147	NUM
cblr-2902	500	40	columbia	columbia	PROPN
cblr-2902	500	41	business	business	NOUN
cblr-2902	500	42	law	law	PROPN
cblr-2902	500	43	review	review	VERB
cblr-2902	500	44	all	all	PRON
cblr-2902	500	45	else	else	ADV
cblr-2902	500	46	being	be	AUX
cblr-2902	500	47	equal	equal	ADJ
cblr-2902	500	48	,	,	PUNCT
cblr-2902	500	49	more	more	ADV
cblr-2902	500	50	extreme	extreme	ADJ
cblr-2902	500	51	projections	projection	NOUN
cblr-2902	500	52	should	should	AUX
cblr-2902	500	53	be	be	AUX
cblr-2902	500	54	accompanied	accompany	VERB
cblr-2902	500	55	by	by	ADP
cblr-2902	500	56	a	a	DET
cblr-2902	500	57	higher	high	ADJ
cblr-2902	500	58	discount	discount	NOUN
cblr-2902	500	59	rate	rate	NOUN
cblr-2902	500	60	because	because	SCONJ
cblr-2902	500	61	more	more	ADJ
cblr-2902	500	62	extreme	extreme	ADJ
cblr-2902	500	63	projections	projection	NOUN
cblr-2902	500	64	are	be	AUX
cblr-2902	500	65	less	less	ADV
cblr-2902	500	66	likely	likely	ADJ
cblr-2902	500	67	to	to	PART
cblr-2902	500	68	materialize	materialize	VERB
cblr-2902	500	69	.	.	PUNCT
cblr-2902	501	1	in	in	ADP
cblr-2902	501	2	practice	practice	NOUN
cblr-2902	501	3	,	,	PUNCT
cblr-2902	501	4	however	however	ADV
cblr-2902	501	5	,	,	PUNCT
cblr-2902	501	6	plaintiffs	plaintiff	NOUN
cblr-2902	501	7	'	'	PART
cblr-2902	501	8	experts	expert	NOUN
cblr-2902	501	9	will	will	AUX
cblr-2902	501	10	typically	typically	ADV
cblr-2902	501	11	use	use	VERB
cblr-2902	501	12	a	a	DET
cblr-2902	501	13	high	high	ADJ
cblr-2902	501	14	discount	discount	NOUN
cblr-2902	501	15	rate	rate	NOUN
cblr-2902	501	16	and	and	CCONJ
cblr-2902	501	17	low	low	ADJ
cblr-2902	501	18	projections	projection	NOUN
cblr-2902	501	19	,	,	PUNCT
cblr-2902	501	20	while	while	SCONJ
cblr-2902	501	21	defense	defense	NOUN
cblr-2902	501	22	experts	expert	NOUN
cblr-2902	501	23	will	will	AUX
cblr-2902	501	24	typically	typically	ADV
cblr-2902	501	25	use	use	VERB
cblr-2902	501	26	a	a	DET
cblr-2902	501	27	low	low	ADJ
cblr-2902	501	28	discount	discount	NOUN
cblr-2902	501	29	rate	rate	NOUN
cblr-2902	501	30	and	and	CCONJ
cblr-2902	501	31	high	high	ADJ
cblr-2902	501	32	projections	projection	NOUN
cblr-2902	501	33	.	.	PUNCT
cblr-2902	501	34	"	"	PUNCT
cblr-2902	502	1	3	3	X
cblr-2902	502	2	.	.	X
cblr-2902	502	3	multiples	multiple	NOUN
cblr-2902	502	4	methods	method	NOUN
cblr-2902	502	5	can	can	AUX
cblr-2902	502	6	easily	easily	ADV
cblr-2902	502	7	be	be	AUX
cblr-2902	502	8	manipulated	manipulate	VERB
cblr-2902	502	9	unless	unless	SCONJ
cblr-2902	502	10	the	the	DET
cblr-2902	502	11	judge	judge	NOUN
cblr-2902	502	12	is	be	AUX
cblr-2902	502	13	an	an	DET
cblr-2902	502	14	expert	expert	NOUN
cblr-2902	502	15	on	on	ADP
cblr-2902	502	16	several	several	ADJ
cblr-2902	502	17	industries	industry	NOUN
cblr-2902	502	18	multiples	multiple	VERB
cblr-2902	502	19	analysis	analysis	NOUN
cblr-2902	502	20	embraces	embrace	VERB
cblr-2902	502	21	market	market	NOUN
cblr-2902	502	22	value	value	NOUN
cblr-2902	502	23	as	as	ADP
cblr-2902	502	24	a	a	DET
cblr-2902	502	25	reality	reality	NOUN
cblr-2902	502	26	check	check	NOUN
cblr-2902	502	27	on	on	ADP
cblr-2902	502	28	dcf	dcf	PROPN
cblr-2902	502	29	analysis	analysis	NOUN
cblr-2902	502	30	.	.	PUNCT
cblr-2902	502	31	"	"	PUNCT
cblr-2902	503	1	however	however	ADV
cblr-2902	503	2	,	,	PUNCT
cblr-2902	503	3	rather	rather	ADV
cblr-2902	503	4	than	than	ADP
cblr-2902	503	5	using	use	VERB
cblr-2902	503	6	market	market	NOUN
cblr-2902	503	7	prices	price	NOUN
cblr-2902	503	8	of	of	ADP
cblr-2902	503	9	the	the	DET
cblr-2902	503	10	debtor	debtor	NOUN
cblr-2902	503	11	,	,	PUNCT
cblr-2902	503	12	this	this	DET
cblr-2902	503	13	approach	approach	NOUN
cblr-2902	503	14	instead	instead	ADV
cblr-2902	503	15	uses	use	VERB
cblr-2902	503	16	market	market	NOUN
cblr-2902	503	17	prices	price	NOUN
cblr-2902	503	18	of	of	ADP
cblr-2902	503	19	similar	similar	ADJ
cblr-2902	503	20	firms	firm	NOUN
cblr-2902	503	21	.	.	PUNCT
cblr-2902	504	1	9	9	NUM
cblr-2902	504	2	the	the	DET
cblr-2902	504	3	problem	problem	NOUN
cblr-2902	504	4	with	with	ADP
cblr-2902	504	5	the	the	DET
cblr-2902	504	6	multiples	multiple	NOUN
cblr-2902	504	7	approach	approach	NOUN
cblr-2902	504	8	is	be	AUX
cblr-2902	504	9	that	that	SCONJ
cblr-2902	504	10	no	no	DET
cblr-2902	504	11	two	two	NUM
cblr-2902	504	12	companies	company	NOUN
cblr-2902	504	13	are	be	AUX
cblr-2902	504	14	ever	ever	ADV
cblr-2902	504	15	perfectly	perfectly	ADV
cblr-2902	504	16	comparable.90	comparable.90	NOUN
cblr-2902	504	17	some	some	PRON
cblr-2902	504	18	are	be	AUX
cblr-2902	504	19	more	more	ADJ
cblr-2902	504	20	cost	cost	NOUN
cblr-2902	504	21	-	-	PUNCT
cblr-2902	504	22	efficient	efficient	ADJ
cblr-2902	504	23	,	,	PUNCT
cblr-2902	504	24	some	some	PRON
cblr-2902	504	25	have	have	VERB
cblr-2902	504	26	better	well	ADJ
cblr-2902	504	27	growth	growth	NOUN
cblr-2902	504	28	prospects	prospect	NOUN
cblr-2902	504	29	,	,	PUNCT
cblr-2902	504	30	some	some	PRON
cblr-2902	504	31	have	have	VERB
cblr-2902	504	32	stronger	strong	ADJ
cblr-2902	504	33	brands	brand	NOUN
cblr-2902	504	34	,	,	PUNCT
cblr-2902	504	35	and	and	CCONJ
cblr-2902	504	36	some	some	PRON
cblr-2902	504	37	enjoy	enjoy	VERB
cblr-2902	504	38	better	well	ADJ
cblr-2902	504	39	relationships	relationship	NOUN
cblr-2902	504	40	with	with	ADP
cblr-2902	504	41	the	the	DET
cblr-2902	504	42	government	government	NOUN
cblr-2902	504	43	.	.	PUNCT
cblr-2902	505	1	they	they	PRON
cblr-2902	505	2	may	may	AUX
cblr-2902	505	3	have	have	VERB
cblr-2902	505	4	a	a	DET
cblr-2902	505	5	different	different	ADJ
cblr-2902	505	6	mix	mix	NOUN
cblr-2902	505	7	of	of	ADP
cblr-2902	505	8	business	business	NOUN
cblr-2902	505	9	lines	line	NOUN
cblr-2902	505	10	,	,	PUNCT
cblr-2902	505	11	or	or	CCONJ
cblr-2902	505	12	they	they	PRON
cblr-2902	505	13	may	may	AUX
cblr-2902	505	14	operate	operate	VERB
cblr-2902	505	15	in	in	ADP
cblr-2902	505	16	different	different	ADJ
cblr-2902	505	17	markets	market	NOUN
cblr-2902	505	18	.	.	PUNCT
cblr-2902	506	1	note	note	VERB
cblr-2902	506	2	61	61	NUM
cblr-2902	506	3	,	,	PUNCT
cblr-2902	506	4	at	at	ADP
cblr-2902	506	5	307	307	NUM
cblr-2902	506	6	-	-	SYM
cblr-2902	506	7	08	08	NUM
cblr-2902	506	8	;	;	PUNCT
cblr-2902	506	9	bernstein	bernstein	PROPN
cblr-2902	506	10	,	,	PUNCT
cblr-2902	506	11	seabury	seabury	PROPN
cblr-2902	506	12	&	&	CCONJ
cblr-2902	506	13	williams	williams	PROPN
cblr-2902	506	14	,	,	PUNCT
cblr-2902	506	15	supra	supra	PROPN
cblr-2902	506	16	note	note	PROPN
cblr-2902	506	17	57	57	NUM
cblr-2902	506	18	,	,	PUNCT
cblr-2902	506	19	at	at	ADP
cblr-2902	506	20	19093	19093	NUM
cblr-2902	506	21	.	.	PUNCT
cblr-2902	507	1	8	8	NUM
cblr-2902	507	2	see	see	VERB
cblr-2902	507	3	cnb	cnb	PROPN
cblr-2902	507	4	int'l	int'l	PROPN
cblr-2902	507	5	,	,	PUNCT
cblr-2902	507	6	inc	inc	PROPN
cblr-2902	507	7	.	.	PROPN
cblr-2902	508	1	v.	v.	ADP
cblr-2902	508	2	kelleher	kelleher	PROPN
cblr-2902	508	3	(	(	PUNCT
cblr-2902	508	4	in	in	ADP
cblr-2902	508	5	re	re	PROPN
cblr-2902	508	6	cnb	cnb	PROPN
cblr-2902	508	7	int'l	int'l	PROPN
cblr-2902	508	8	,	,	PUNCT
cblr-2902	508	9	inc	inc	PROPN
cblr-2902	508	10	.	.	PROPN
cblr-2902	508	11	)	)	PUNCT
cblr-2902	508	12	,	,	PUNCT
cblr-2902	508	13	393	393	NUM
cblr-2902	508	14	b.r	b.r	PROPN
cblr-2902	508	15	.	.	PROPN
cblr-2902	508	16	306	306	NUM
cblr-2902	508	17	,	,	PUNCT
cblr-2902	508	18	320	320	NUM
cblr-2902	508	19	(	(	PUNCT
cblr-2902	508	20	bankr	bankr	PROPN
cblr-2902	508	21	.	.	PUNCT
cblr-2902	509	1	w.d.n.y	w.d.n.y	PROPN
cblr-2902	509	2	.	.	NOUN
cblr-2902	509	3	2008	2008	NUM
cblr-2902	509	4	)	)	PUNCT
cblr-2902	509	5	.	.	PUNCT
cblr-2902	510	1	m	m	PROPN
cblr-2902	510	2	koller	koller	PROPN
cblr-2902	510	3	,	,	PUNCT
cblr-2902	510	4	goedhart	goedhart	NOUN
cblr-2902	510	5	&	&	CCONJ
cblr-2902	510	6	wessels	wessels	PROPN
cblr-2902	510	7	,	,	PUNCT
cblr-2902	510	8	supra	supra	PROPN
cblr-2902	510	9	note	note	PROPN
cblr-2902	510	10	61	61	NUM
cblr-2902	510	11	,	,	PUNCT
cblr-2902	510	12	at	at	ADP
cblr-2902	510	13	361	361	NUM
cblr-2902	510	14	(	(	PUNCT
cblr-2902	510	15	"	"	PUNCT
cblr-2902	510	16	a	a	DET
cblr-2902	510	17	careful	careful	ADJ
cblr-2902	510	18	multiples	multiple	NOUN
cblr-2902	510	19	analysis	analysis	NOUN
cblr-2902	510	20	...	...	PUNCT
cblr-2902	511	1	[	[	X
cblr-2902	511	2	p]roperly	p]roperly	ADV
cblr-2902	511	3	executed	execute	VERB
cblr-2902	511	4	.	.	PUNCT
cblr-2902	511	5	.	.	PUNCT
cblr-2902	511	6	.	.	PUNCT
cblr-2902	512	1	can	can	AUX
cblr-2902	512	2	help	help	VERB
cblr-2902	512	3	test	test	VERB
cblr-2902	512	4	the	the	DET
cblr-2902	512	5	plausibility	plausibility	NOUN
cblr-2902	512	6	of	of	ADP
cblr-2902	512	7	cash	cash	NOUN
cblr-2902	512	8	flow	flow	NOUN
cblr-2902	512	9	forecasts	forecast	NOUN
cblr-2902	512	10	.	.	PUNCT
cblr-2902	512	11	.	.	PUNCT
cblr-2902	513	1	.	.	PUNCT
cblr-2902	514	1	89	89	NUM
cblr-2902	515	1	i	i	PRON
cblr-2902	515	2	d.	d.	PROPN
cblr-2902	515	3	"	"	PUNCT
cblr-2902	516	1	i	i	PRON
cblr-2902	516	2	d.	d.	PROPN
cblr-2902	516	3	at	at	ADP
cblr-2902	516	4	366	366	NUM
cblr-2902	516	5	-	-	SYM
cblr-2902	516	6	68	68	NUM
cblr-2902	516	7	,	,	PUNCT
cblr-2902	516	8	380	380	NUM
cblr-2902	516	9	;	;	PUNCT
cblr-2902	516	10	brealey	brealey	NOUN
cblr-2902	516	11	,	,	PUNCT
cblr-2902	516	12	myers	myers	PROPN
cblr-2902	516	13	&	&	CCONJ
cblr-2902	516	14	allen	allen	PROPN
cblr-2902	516	15	,	,	PUNCT
cblr-2902	516	16	supra	supra	PROPN
cblr-2902	516	17	note	note	NOUN
cblr-2902	516	18	71	71	NUM
cblr-2902	516	19	,	,	PUNCT
cblr-2902	516	20	at	at	ADP
cblr-2902	516	21	511	511	NUM
cblr-2902	516	22	;	;	PUNCT
cblr-2902	516	23	bernstein	bernstein	PROPN
cblr-2902	516	24	,	,	PUNCT
cblr-2902	516	25	seabury	seabury	PROPN
cblr-2902	516	26	&	&	CCONJ
cblr-2902	516	27	williams	williams	PROPN
cblr-2902	516	28	,	,	PUNCT
cblr-2902	516	29	supra	supra	PROPN
cblr-2902	516	30	note	note	PROPN
cblr-2902	516	31	57	57	NUM
cblr-2902	516	32	,	,	PUNCT
cblr-2902	516	33	at	at	ADP
cblr-2902	516	34	196	196	NUM
cblr-2902	516	35	;	;	PUNCT
cblr-2902	516	36	prescott	prescott	PROPN
cblr-2902	516	37	group	group	NOUN
cblr-2902	516	38	small	small	ADJ
cblr-2902	516	39	cap	cap	NOUN
cblr-2902	516	40	,	,	PUNCT
cblr-2902	516	41	l.p	l.p	PROPN
cblr-2902	516	42	.	.	PROPN
cblr-2902	517	1	v.	v.	PROPN
cblr-2902	517	2	coleman	coleman	PROPN
cblr-2902	517	3	co.	co.	PROPN
cblr-2902	517	4	,	,	PUNCT
cblr-2902	517	5	no	no	INTJ
cblr-2902	517	6	.	.	NOUN
cblr-2902	517	7	17802	17802	NUM
cblr-2902	517	8	,	,	PUNCT
cblr-2902	517	9	2004	2004	NUM
cblr-2902	517	10	wl	wl	NOUN
cblr-2902	517	11	2059515	2059515	NUM
cblr-2902	517	12	,	,	PUNCT
cblr-2902	517	13	at	at	ADP
cblr-2902	517	14	*	*	NUM
cblr-2902	517	15	22	22	NUM
cblr-2902	517	16	(	(	PUNCT
cblr-2902	517	17	del	del	PROPN
cblr-2902	517	18	.	.	PROPN
cblr-2902	517	19	ch	ch	PROPN
cblr-2902	517	20	.	.	PUNCT
cblr-2902	517	21	sept	sept	PROPN
cblr-2902	517	22	.	.	PROPN
cblr-2902	517	23	8	8	NUM
cblr-2902	517	24	,	,	PUNCT
cblr-2902	517	25	2004	2004	NUM
cblr-2902	517	26	)	)	PUNCT
cblr-2902	518	1	(	(	PUNCT
cblr-2902	518	2	"	"	PUNCT
cblr-2902	518	3	[	[	X
cblr-2902	518	4	a	a	X
cblr-2902	518	5	]	]	X
cblr-2902	518	6	comparable	comparable	ADJ
cblr-2902	518	7	company	company	NOUN
cblr-2902	518	8	analysis	analysis	NOUN
cblr-2902	518	9	is	be	AUX
cblr-2902	518	10	only	only	ADV
cblr-2902	518	11	as	as	ADV
cblr-2902	518	12	valid	valid	ADJ
cblr-2902	518	13	as	as	ADP
cblr-2902	518	14	the	the	DET
cblr-2902	518	15	'	'	PUNCT
cblr-2902	518	16	comparable	comparable	ADJ
cblr-2902	518	17	'	'	PUNCT
cblr-2902	518	18	firms	firm	NOUN
cblr-2902	518	19	upon	upon	SCONJ
cblr-2902	518	20	which	which	PRON
cblr-2902	518	21	the	the	DET
cblr-2902	518	22	analysis	analysis	NOUN
cblr-2902	518	23	is	be	AUX
cblr-2902	518	24	based	base	VERB
cblr-2902	518	25	,	,	PUNCT
cblr-2902	518	26	are	be	AUX
cblr-2902	518	27	truly	truly	ADV
cblr-2902	518	28	comparable	comparable	ADJ
cblr-2902	518	29	.	.	PUNCT
cblr-2902	518	30	.	.	PUNCT
cblr-2902	518	31	.	.	PUNCT
cblr-2902	518	32	.	.	PUNCT
cblr-2902	519	1	"	"	PUNCT
cblr-2902	519	2	)	)	PUNCT
cblr-2902	519	3	;	;	PUNCT
cblr-2902	519	4	in	in	ADP
cblr-2902	519	5	re	re	PROPN
cblr-2902	519	6	radiology	radiology	PROPN
cblr-2902	519	7	assocs	assocs	PROPN
cblr-2902	519	8	.	.	PROPN
cblr-2902	519	9	,	,	PUNCT
cblr-2902	519	10	inc	inc	PROPN
cblr-2902	519	11	.	.	PROPN
cblr-2902	519	12	,	,	PUNCT
cblr-2902	519	13	611	611	NUM
cblr-2902	519	14	a.2d	a.2d	NUM
cblr-2902	519	15	485	485	NUM
cblr-2902	519	16	,	,	PUNCT
cblr-2902	519	17	490	490	NUM
cblr-2902	519	18	(	(	PUNCT
cblr-2902	519	19	del	del	PROPN
cblr-2902	519	20	.	.	PROPN
cblr-2902	519	21	ch	ch	PROPN
cblr-2902	519	22	.	.	PROPN
cblr-2902	519	23	1991	1991	NUM
cblr-2902	519	24	)	)	PUNCT
cblr-2902	519	25	(	(	PUNCT
cblr-2902	519	26	noting	note	VERB
cblr-2902	519	27	that	that	SCONJ
cblr-2902	519	28	"	"	PUNCT
cblr-2902	519	29	[	[	X
cblr-2902	519	30	tihe	tihe	ADJ
cblr-2902	519	31	utility	utility	NOUN
cblr-2902	519	32	of	of	ADP
cblr-2902	519	33	the	the	DET
cblr-2902	519	34	comparable	comparable	ADJ
cblr-2902	519	35	company	company	NOUN
cblr-2902	519	36	approach	approach	NOUN
cblr-2902	519	37	depends	depend	VERB
cblr-2902	519	38	on	on	ADP
cblr-2902	519	39	the	the	DET
cblr-2902	519	40	similarity	similarity	NOUN
cblr-2902	519	41	between	between	ADP
cblr-2902	519	42	the	the	DET
cblr-2902	519	43	company	company	NOUN
cblr-2902	519	44	the	the	DET
cblr-2902	519	45	court	court	NOUN
cblr-2902	519	46	is	be	AUX
cblr-2902	519	47	valuing	value	VERB
cblr-2902	519	48	and	and	CCONJ
cblr-2902	519	49	the	the	DET
cblr-2902	519	50	companies	company	NOUN
cblr-2902	519	51	used	use	VERB
cblr-2902	519	52	for	for	ADP
cblr-2902	519	53	comparison	comparison	NOUN
cblr-2902	519	54	"	"	PUNCT
cblr-2902	519	55	and	and	CCONJ
cblr-2902	519	56	warning	warn	VERB
cblr-2902	519	57	that	that	SCONJ
cblr-2902	519	58	"	"	PUNCT
cblr-2902	519	59	[	[	X
cblr-2902	519	60	alt	alt	VERB
cblr-2902	519	61	some	some	DET
cblr-2902	519	62	point	point	NOUN
cblr-2902	519	63	,	,	PUNCT
cblr-2902	519	64	the	the	DET
cblr-2902	519	65	differences	difference	NOUN
cblr-2902	519	66	become	become	VERB
cblr-2902	519	67	so	so	ADV
cblr-2902	519	68	large	large	ADJ
cblr-2902	519	69	that	that	SCONJ
cblr-2902	519	70	the	the	DET
cblr-2902	519	71	use	use	NOUN
cblr-2902	519	72	of	of	ADP
cblr-2902	519	73	the	the	DET
cblr-2902	519	74	comparable	comparable	ADJ
cblr-2902	519	75	company	company	NOUN
cblr-2902	519	76	method	method	NOUN
cblr-2902	519	77	becomes	become	VERB
cblr-2902	519	78	meaningless	meaningless	ADJ
cblr-2902	519	79	for	for	ADP
cblr-2902	519	80	valuation	valuation	NOUN
cblr-2902	519	81	purposes	purpose	NOUN
cblr-2902	519	82	"	"	PUNCT
cblr-2902	519	83	)	)	PUNCT
cblr-2902	519	84	.	.	PUNCT
cblr-2902	520	1	[	[	X
cblr-2902	520	2	vol	vol	NOUN
cblr-2902	520	3	.	.	PUNCT
cblr-2902	520	4	2011148	2011148	NUM
cblr-2902	520	5	the	the	DET
cblr-2902	520	6	selection	selection	NOUN
cblr-2902	520	7	of	of	ADP
cblr-2902	520	8	comparable	comparable	ADJ
cblr-2902	520	9	companies	company	NOUN
cblr-2902	520	10	is	be	AUX
cblr-2902	520	11	an	an	DET
cblr-2902	520	12	art	art	NOUN
cblr-2902	520	13	,	,	PUNCT
cblr-2902	520	14	not	not	PART
cblr-2902	520	15	a	a	DET
cblr-2902	520	16	science	science	NOUN
cblr-2902	520	17	,	,	PUNCT
cblr-2902	520	18	with	with	ADP
cblr-2902	520	19	considerable	considerable	ADJ
cblr-2902	520	20	room	room	NOUN
cblr-2902	520	21	for	for	ADP
cblr-2902	520	22	manipulation	manipulation	NOUN
cblr-2902	520	23	by	by	ADP
cblr-2902	520	24	experts	expert	NOUN
cblr-2902	520	25	.	.	PUNCT
cblr-2902	520	26	"	"	PUNCT
cblr-2902	521	1	defense	defense	NOUN
cblr-2902	521	2	experts	expert	NOUN
cblr-2902	521	3	tend	tend	VERB
cblr-2902	521	4	to	to	PART
cblr-2902	521	5	select	select	VERB
cblr-2902	521	6	guideline	guideline	NOUN
cblr-2902	521	7	companies	company	NOUN
cblr-2902	521	8	or	or	CCONJ
cblr-2902	521	9	transactions	transaction	NOUN
cblr-2902	521	10	that	that	PRON
cblr-2902	521	11	will	will	AUX
cblr-2902	521	12	yield	yield	VERB
cblr-2902	521	13	a	a	DET
cblr-2902	521	14	high	high	ADJ
cblr-2902	521	15	multiple	multiple	NOUN
cblr-2902	521	16	,	,	PUNCT
cblr-2902	521	17	and	and	CCONJ
cblr-2902	521	18	therefore	therefore	ADV
cblr-2902	521	19	a	a	DET
cblr-2902	521	20	high	high	ADJ
cblr-2902	521	21	valuation	valuation	NOUN
cblr-2902	521	22	of	of	ADP
cblr-2902	521	23	the	the	DET
cblr-2902	521	24	debtor	debtor	NOUN
cblr-2902	521	25	,	,	PUNCT
cblr-2902	521	26	while	while	SCONJ
cblr-2902	521	27	plaintiffs	plaintiff	NOUN
cblr-2902	521	28	'	'	PART
cblr-2902	521	29	experts	expert	NOUN
cblr-2902	521	30	tend	tend	VERB
cblr-2902	521	31	to	to	PART
cblr-2902	521	32	select	select	VERB
cblr-2902	521	33	guideline	guideline	NOUN
cblr-2902	521	34	companies	company	NOUN
cblr-2902	521	35	or	or	CCONJ
cblr-2902	521	36	transactions	transaction	NOUN
cblr-2902	521	37	that	that	PRON
cblr-2902	521	38	will	will	AUX
cblr-2902	521	39	yield	yield	VERB
cblr-2902	521	40	a	a	DET
cblr-2902	521	41	low	low	ADJ
cblr-2902	521	42	multiple.92	multiple.92	NOUN
cblr-2902	521	43	without	without	ADP
cblr-2902	521	44	extensive	extensive	ADJ
cblr-2902	521	45	knowledge	knowledge	NOUN
cblr-2902	521	46	of	of	ADP
cblr-2902	521	47	many	many	ADJ
cblr-2902	521	48	companies	company	NOUN
cblr-2902	521	49	(	(	PUNCT
cblr-2902	521	50	and	and	CCONJ
cblr-2902	521	51	industries	industry	NOUN
cblr-2902	521	52	,	,	PUNCT
cblr-2902	521	53	given	give	VERB
cblr-2902	521	54	that	that	SCONJ
cblr-2902	521	55	large	large	ADJ
cblr-2902	521	56	debtors	debtor	NOUN
cblr-2902	521	57	often	often	ADV
cblr-2902	521	58	have	have	AUX
cblr-2902	521	59	multiple	multiple	ADJ
cblr-2902	521	60	business	business	NOUN
cblr-2902	521	61	lines	line	NOUN
cblr-2902	521	62	)	)	PUNCT
cblr-2902	521	63	,	,	PUNCT
cblr-2902	521	64	courts	court	NOUN
cblr-2902	521	65	can	can	AUX
cblr-2902	521	66	not	not	PART
cblr-2902	521	67	easily	easily	ADV
cblr-2902	521	68	evaluate	evaluate	VERB
cblr-2902	521	69	which	which	DET
cblr-2902	521	70	comparables	comparable	NOUN
cblr-2902	521	71	are	be	AUX
cblr-2902	521	72	more	more	ADV
cblr-2902	521	73	appropriate	appropriate	ADJ
cblr-2902	521	74	than	than	ADP
cblr-2902	521	75	others	other	NOUN
cblr-2902	521	76	.	.	PUNCT
cblr-2902	521	77	"	"	PUNCT
cblr-2902	522	1	4	4	X
cblr-2902	522	2	.	.	X
cblr-2902	522	3	experts	expert	NOUN
cblr-2902	522	4	can	can	AUX
cblr-2902	522	5	exploit	exploit	VERB
cblr-2902	522	6	judges	judge	NOUN
cblr-2902	522	7	'	'	PART
cblr-2902	522	8	natural	natural	ADJ
cblr-2902	522	9	tendency	tendency	NOUN
cblr-2902	522	10	to	to	PART
cblr-2902	522	11	avoid	avoid	VERB
cblr-2902	522	12	extremes	extreme	NOUN
cblr-2902	522	13	experts	expert	NOUN
cblr-2902	522	14	often	often	ADV
cblr-2902	522	15	provide	provide	VERB
cblr-2902	522	16	a	a	DET
cblr-2902	522	17	"	"	PUNCT
cblr-2902	522	18	sensitivity	sensitivity	NOUN
cblr-2902	522	19	analysis	analysis	NOUN
cblr-2902	522	20	"	"	PUNCT
cblr-2902	522	21	displayed	display	VERB
cblr-2902	522	22	as	as	ADP
cblr-2902	522	23	a	a	DET
cblr-2902	522	24	table	table	NOUN
cblr-2902	522	25	containing	contain	VERB
cblr-2902	522	26	a	a	DET
cblr-2902	522	27	range	range	NOUN
cblr-2902	522	28	of	of	ADP
cblr-2902	522	29	possible	possible	ADJ
cblr-2902	522	30	assumptions	assumption	NOUN
cblr-2902	522	31	and	and	CCONJ
cblr-2902	522	32	projections.94	projections.94	NOUN
cblr-2902	522	33	such	such	DET
cblr-2902	522	34	an	an	DET
cblr-2902	522	35	analysis	analysis	NOUN
cblr-2902	522	36	enhances	enhance	VERB
cblr-2902	522	37	the	the	DET
cblr-2902	522	38	apparent	apparent	ADJ
cblr-2902	522	39	sophistication	sophistication	NOUN
cblr-2902	522	40	of	of	ADP
cblr-2902	522	41	the	the	DET
cblr-2902	522	42	projections	projection	NOUN
cblr-2902	522	43	and	and	CCONJ
cblr-2902	522	44	the	the	DET
cblr-2902	522	45	credibility	credibility	NOUN
cblr-2902	522	46	of	of	ADP
cblr-2902	522	47	the	the	DET
cblr-2902	522	48	91	91	NUM
cblr-2902	522	49	koller	koller	NOUN
cblr-2902	522	50	,	,	PUNCT
cblr-2902	522	51	goedhart	goedhart	NOUN
cblr-2902	522	52	&	&	CCONJ
cblr-2902	522	53	wessels	wessels	PROPN
cblr-2902	522	54	,	,	PUNCT
cblr-2902	522	55	supra	supra	PROPN
cblr-2902	522	56	note	note	PROPN
cblr-2902	522	57	61	61	NUM
cblr-2902	522	58	,	,	PUNCT
cblr-2902	522	59	at	at	ADP
cblr-2902	522	60	362	362	NUM
cblr-2902	522	61	-	-	SYM
cblr-2902	522	62	63	63	NUM
cblr-2902	522	63	,	,	PUNCT
cblr-2902	522	64	366	366	NUM
cblr-2902	522	65	-	-	SYM
cblr-2902	522	66	67	67	NUM
cblr-2902	522	67	.	.	PUNCT
cblr-2902	523	1	92	92	NUM
cblr-2902	523	2	peltz	peltz	NOUN
cblr-2902	523	3	,	,	PUNCT
cblr-2902	523	4	279	279	NUM
cblr-2902	523	5	b.r	b.r	PROPN
cblr-2902	523	6	.	.	PROPN
cblr-2902	523	7	at	at	ADP
cblr-2902	523	8	737	737	NUM
cblr-2902	523	9	-	-	SYM
cblr-2902	523	10	38	38	NUM
cblr-2902	523	11	(	(	PUNCT
cblr-2902	523	12	"	"	PUNCT
cblr-2902	523	13	[	[	X
cblr-2902	523	14	ilt	ilt	NOUN
cblr-2902	523	15	is	be	AUX
cblr-2902	523	16	clear	clear	ADJ
cblr-2902	523	17	that	that	SCONJ
cblr-2902	523	18	experts	expert	NOUN
cblr-2902	523	19	and	and	CCONJ
cblr-2902	523	20	industry	industry	NOUN
cblr-2902	523	21	analysts	analyst	NOUN
cblr-2902	523	22	often	often	ADV
cblr-2902	523	23	disagree	disagree	VERB
cblr-2902	523	24	on	on	ADP
cblr-2902	523	25	the	the	DET
cblr-2902	523	26	appropriate	appropriate	ADJ
cblr-2902	523	27	valuation	valuation	NOUN
cblr-2902	523	28	of	of	ADP
cblr-2902	523	29	corporate	corporate	ADJ
cblr-2902	523	30	properties	property	NOUN
cblr-2902	523	31	,	,	PUNCT
cblr-2902	523	32	even	even	ADV
cblr-2902	523	33	when	when	SCONJ
cblr-2902	523	34	employing	employ	VERB
cblr-2902	523	35	the	the	DET
cblr-2902	523	36	same	same	ADJ
cblr-2902	523	37	analytical	analytical	ADJ
cblr-2902	523	38	tools	tool	NOUN
cblr-2902	523	39	such	such	ADJ
cblr-2902	523	40	as	as	ADP
cblr-2902	523	41	...	...	PUNCT
cblr-2902	523	42	a	a	DET
cblr-2902	523	43	comparable	comparable	ADJ
cblr-2902	523	44	sales	sale	NOUN
cblr-2902	523	45	method	method	NOUN
cblr-2902	523	46	...	...	PUNCT
cblr-2902	523	47	reasonable	reasonable	ADJ
cblr-2902	523	48	minds	mind	NOUN
cblr-2902	524	1	can	can	AUX
cblr-2902	524	2	and	and	CCONJ
cblr-2902	524	3	often	often	ADV
cblr-2902	524	4	do	do	AUX
cblr-2902	524	5	disagree	disagree	VERB
cblr-2902	524	6	.	.	PUNCT
cblr-2902	525	1	this	this	PRON
cblr-2902	525	2	is	be	AUX
cblr-2902	525	3	because	because	SCONJ
cblr-2902	525	4	the	the	DET
cblr-2902	525	5	output	output	NOUN
cblr-2902	525	6	of	of	ADP
cblr-2902	525	7	financial	financial	ADJ
cblr-2902	525	8	valuation	valuation	NOUN
cblr-2902	525	9	models	model	NOUN
cblr-2902	525	10	are	be	AUX
cblr-2902	525	11	driven	drive	VERB
cblr-2902	525	12	by	by	ADP
cblr-2902	525	13	their	their	PRON
cblr-2902	525	14	inputs	input	NOUN
cblr-2902	525	15	,	,	PUNCT
cblr-2902	525	16	many	many	ADJ
cblr-2902	525	17	of	of	ADP
cblr-2902	525	18	which	which	PRON
cblr-2902	525	19	are	be	AUX
cblr-2902	525	20	subjective	subjective	ADJ
cblr-2902	525	21	in	in	ADP
cblr-2902	525	22	nature	nature	NOUN
cblr-2902	525	23	....	....	PUNCT
cblr-2902	526	1	[	[	X
cblr-2902	526	2	tihe	tihe	ADJ
cblr-2902	526	3	comparable	comparable	ADJ
cblr-2902	526	4	sales	sale	NOUN
cblr-2902	526	5	method	method	NOUN
cblr-2902	526	6	involves	involve	VERB
cblr-2902	526	7	making	make	VERB
cblr-2902	526	8	subjective	subjective	ADJ
cblr-2902	526	9	judgments	judgment	NOUN
cblr-2902	526	10	as	as	ADP
cblr-2902	526	11	to	to	ADP
cblr-2902	526	12	what	what	PRON
cblr-2902	526	13	transactions	transaction	NOUN
cblr-2902	526	14	are	be	AUX
cblr-2902	526	15	'	'	PUNCT
cblr-2902	526	16	comparable	comparable	ADJ
cblr-2902	526	17	'	'	PUNCT
cblr-2902	526	18	to	to	ADP
cblr-2902	526	19	the	the	DET
cblr-2902	526	20	property	property	NOUN
cblr-2902	526	21	being	be	AUX
cblr-2902	526	22	valued	value	VERB
cblr-2902	526	23	.	.	PUNCT
cblr-2902	526	24	"	"	PUNCT
cblr-2902	526	25	)	)	PUNCT
cblr-2902	526	26	(	(	PUNCT
cblr-2902	526	27	internal	internal	ADJ
cblr-2902	526	28	citations	citation	NOUN
cblr-2902	526	29	omitted	omit	VERB
cblr-2902	526	30	)	)	PUNCT
cblr-2902	526	31	;	;	PUNCT
cblr-2902	526	32	see	see	VERB
cblr-2902	526	33	,	,	PUNCT
cblr-2902	526	34	e.g.	e.g.	ADV
cblr-2902	526	35	,	,	PUNCT
cblr-2902	526	36	lippe	lippe	PROPN
cblr-2902	526	37	v.	v.	PROPN
cblr-2902	526	38	bairnco	bairnco	PROPN
cblr-2902	526	39	corp	corp	PROPN
cblr-2902	526	40	.	.	PROPN
cblr-2902	526	41	,	,	PUNCT
cblr-2902	526	42	99	99	NUM
cblr-2902	526	43	f.	f.	NOUN
cblr-2902	526	44	app'x	app'x	PROPN
cblr-2902	526	45	274	274	NUM
cblr-2902	526	46	,	,	PUNCT
cblr-2902	526	47	279	279	NUM
cblr-2902	526	48	(	(	PUNCT
cblr-2902	526	49	2d	2d	NUM
cblr-2902	526	50	cir	cir	NOUN
cblr-2902	526	51	.	.	PUNCT
cblr-2902	526	52	2004	2004	NUM
cblr-2902	526	53	)	)	PUNCT
cblr-2902	526	54	;	;	PUNCT
cblr-2902	526	55	in	in	ADP
cblr-2902	526	56	re	re	PROPN
cblr-2902	526	57	oneida	oneida	PROPN
cblr-2902	526	58	ltd	ltd	PROPN
cblr-2902	526	59	.	.	PROPN
cblr-2902	526	60	,	,	PUNCT
cblr-2902	526	61	351	351	NUM
cblr-2902	526	62	b.r	b.r	PROPN
cblr-2902	526	63	.	.	PROPN
cblr-2902	526	64	79	79	NUM
cblr-2902	526	65	,	,	PUNCT
cblr-2902	526	66	91	91	NUM
cblr-2902	526	67	n.18	n.18	NOUN
cblr-2902	526	68	(	(	PUNCT
cblr-2902	526	69	bankr	bankr	PROPN
cblr-2902	526	70	.	.	PUNCT
cblr-2902	527	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	527	2	.	.	PROPN
cblr-2902	527	3	2006	2006	NUM
cblr-2902	527	4	)	)	PUNCT
cblr-2902	527	5	(	(	PUNCT
cblr-2902	527	6	experts	expert	NOUN
cblr-2902	527	7	introduced	introduce	VERB
cblr-2902	527	8	different	different	ADJ
cblr-2902	527	9	multiples	multiple	NOUN
cblr-2902	527	10	to	to	PART
cblr-2902	527	11	achieve	achieve	VERB
cblr-2902	527	12	different	different	ADJ
cblr-2902	527	13	values	value	NOUN
cblr-2902	527	14	)	)	PUNCT
cblr-2902	527	15	;	;	PUNCT
cblr-2902	527	16	see	see	VERB
cblr-2902	527	17	also	also	ADV
cblr-2902	527	18	bernstein	bernstein	PROPN
cblr-2902	527	19	,	,	PUNCT
cblr-2902	527	20	seabury	seabury	PROPN
cblr-2902	527	21	&	&	CCONJ
cblr-2902	527	22	williams	williams	PROPN
cblr-2902	527	23	,	,	PUNCT
cblr-2902	528	1	supra	supra	PROPN
cblr-2902	528	2	note	note	PROPN
cblr-2902	528	3	57	57	NUM
cblr-2902	528	4	,	,	PUNCT
cblr-2902	528	5	at	at	ADP
cblr-2902	528	6	198	198	NUM
cblr-2902	528	7	-	-	SYM
cblr-2902	528	8	99	99	NUM
cblr-2902	528	9	.	.	NOUN
cblr-2902	528	10	9	9	NUM
cblr-2902	528	11	see	see	VERB
cblr-2902	528	12	,	,	PUNCT
cblr-2902	528	13	e.g.	e.g.	ADV
cblr-2902	528	14	,	,	PUNCT
cblr-2902	528	15	global	global	ADJ
cblr-2902	528	16	gt	gt	INTJ
cblr-2902	528	17	lp	lp	PROPN
cblr-2902	528	18	v.	v.	ADP
cblr-2902	528	19	golden	golden	ADJ
cblr-2902	528	20	telecom	telecom	PROPN
cblr-2902	528	21	,	,	PUNCT
cblr-2902	528	22	inc	inc	PROPN
cblr-2902	528	23	.	.	PROPN
cblr-2902	528	24	,	,	PUNCT
cblr-2902	528	25	993	993	NUM
cblr-2902	528	26	a.2d	a.2d	SYM
cblr-2902	528	27	497	497	NUM
cblr-2902	528	28	,	,	PUNCT
cblr-2902	528	29	510	510	NUM
cblr-2902	528	30	(	(	PUNCT
cblr-2902	528	31	del	del	PROPN
cblr-2902	528	32	.	.	PROPN
cblr-2902	528	33	ch	ch	PROPN
cblr-2902	528	34	.	.	PROPN
cblr-2902	528	35	2010	2010	NUM
cblr-2902	528	36	)	)	PUNCT
cblr-2902	528	37	(	(	PUNCT
cblr-2902	528	38	where	where	SCONJ
cblr-2902	528	39	the	the	DET
cblr-2902	528	40	court	court	NOUN
cblr-2902	528	41	recognized	recognize	VERB
cblr-2902	528	42	that	that	SCONJ
cblr-2902	528	43	"	"	PUNCT
cblr-2902	528	44	i	i	PRON
cblr-2902	528	45	am	be	AUX
cblr-2902	528	46	also	also	ADV
cblr-2902	528	47	not	not	PART
cblr-2902	528	48	going	go	VERB
cblr-2902	528	49	to	to	PART
cblr-2902	528	50	pretend	pretend	VERB
cblr-2902	528	51	that	that	SCONJ
cblr-2902	528	52	i	i	PRON
cblr-2902	528	53	am	be	AUX
cblr-2902	528	54	personally	personally	ADV
cblr-2902	528	55	qualified	qualified	ADJ
cblr-2902	528	56	or	or	CCONJ
cblr-2902	528	57	have	have	VERB
cblr-2902	528	58	the	the	DET
cblr-2902	528	59	time	time	NOUN
cblr-2902	528	60	to	to	PART
cblr-2902	528	61	engage	engage	VERB
cblr-2902	528	62	in	in	ADP
cblr-2902	528	63	a	a	DET
cblr-2902	528	64	from	from	ADP
cblr-2902	528	65	-	-	PUNCT
cblr-2902	528	66	scratch	scratch	NOUN
cblr-2902	528	67	construction	construction	NOUN
cblr-2902	528	68	of	of	ADP
cblr-2902	528	69	comparable	comparable	ADJ
cblr-2902	528	70	companies	company	NOUN
cblr-2902	528	71	and	and	CCONJ
cblr-2902	528	72	transactions	transaction	NOUN
cblr-2902	528	73	analyses	analysis	NOUN
cblr-2902	528	74	using	use	VERB
cblr-2902	528	75	such	such	ADJ
cblr-2902	528	76	public	public	ADJ
cblr-2902	528	77	resources	resource	NOUN
cblr-2902	528	78	as	as	SCONJ
cblr-2902	528	79	i	i	PRON
cblr-2902	528	80	could	could	AUX
cblr-2902	528	81	obtain	obtain	VERB
cblr-2902	528	82	.	.	PUNCT
cblr-2902	528	83	"	"	PUNCT
cblr-2902	528	84	)	)	PUNCT
cblr-2902	528	85	.	.	PUNCT
cblr-2902	529	1	9	9	NUM
cblr-2902	529	2	brealey	brealey	NOUN
cblr-2902	529	3	,	,	PUNCT
cblr-2902	529	4	myers	myers	PROPN
cblr-2902	529	5	&	&	CCONJ
cblr-2902	529	6	allen	allen	PROPN
cblr-2902	529	7	,	,	PUNCT
cblr-2902	529	8	supra	supra	PROPN
cblr-2902	529	9	note	note	NOUN
cblr-2902	529	10	71	71	NUM
cblr-2902	529	11	,	,	PUNCT
cblr-2902	529	12	at	at	ADP
cblr-2902	529	13	248	248	NUM
cblr-2902	529	14	(	(	PUNCT
cblr-2902	529	15	"	"	PUNCT
cblr-2902	529	16	sensitivity	sensitivity	NOUN
cblr-2902	529	17	analysis	analysis	NOUN
cblr-2902	529	18	boils	boil	VERB
cblr-2902	529	19	down	down	ADP
cblr-2902	529	20	to	to	ADP
cblr-2902	529	21	expressing	express	VERB
cblr-2902	529	22	cash	cash	NOUN
cblr-2902	529	23	flows	flow	NOUN
cblr-2902	529	24	in	in	ADP
cblr-2902	529	25	terms	term	NOUN
cblr-2902	529	26	of	of	ADP
cblr-2902	529	27	key	key	NOUN
cblr-2902	529	28	.	.	PUNCT
cblr-2902	530	1	..	..	PUNCT
cblr-2902	531	1	variables	variable	NOUN
cblr-2902	531	2	and	and	CCONJ
cblr-2902	531	3	then	then	ADV
cblr-2902	531	4	calculating	calculate	VERB
cblr-2902	531	5	the	the	DET
cblr-2902	531	6	consequences	consequence	NOUN
cblr-2902	531	7	of	of	ADP
cblr-2902	531	8	misestimating	misestimate	VERB
cblr-2902	531	9	the	the	DET
cblr-2902	531	10	variables	variable	NOUN
cblr-2902	531	11	....	....	PUNCT
cblr-2902	531	12	one	one	NUM
cblr-2902	531	13	drawback	drawback	NOUN
cblr-2902	531	14	to	to	ADP
cblr-2902	531	15	sensitivity	sensitivity	NOUN
cblr-2902	531	16	analysis	analysis	NOUN
cblr-2902	531	17	is	be	AUX
cblr-2902	531	18	that	that	SCONJ
cblr-2902	531	19	it	it	PRON
cblr-2902	531	20	always	always	ADV
cblr-2902	531	21	gives	give	VERB
cblr-2902	531	22	somewhat	somewhat	ADV
cblr-2902	531	23	ambiguous	ambiguous	ADJ
cblr-2902	531	24	results	result	NOUN
cblr-2902	531	25	.	.	PUNCT
cblr-2902	531	26	"	"	PUNCT
cblr-2902	531	27	)	)	PUNCT
cblr-2902	531	28	.	.	PUNCT
cblr-2902	532	1	leveraged	leverage	VERB
cblr-2902	532	2	buyout	buyout	NOUN
cblr-2902	532	3	bankruptciesno	bankruptciesno	NOUN
cblr-2902	532	4	.	.	PUNCT
cblr-2902	533	1	1	1	NUM
cblr-2902	533	2	:	:	SYM
cblr-2902	533	3	118]1	118]1	NUM
cblr-2902	533	4	149	149	NUM
cblr-2902	533	5	columbia	columbia	PROPN
cblr-2902	533	6	business	business	NOUN
cblr-2902	533	7	law	law	PROPN
cblr-2902	533	8	review	review	NOUN
cblr-2902	533	9	expert	expert	NOUN
cblr-2902	533	10	.	.	PUNCT
cblr-2902	534	1	'	'	PUNCT
cblr-2902	534	2	,	,	PUNCT
cblr-2902	534	3	however	however	ADV
cblr-2902	534	4	,	,	PUNCT
cblr-2902	534	5	because	because	SCONJ
cblr-2902	534	6	judges	judge	NOUN
cblr-2902	534	7	,	,	PUNCT
cblr-2902	534	8	like	like	ADP
cblr-2902	534	9	most	most	ADJ
cblr-2902	534	10	decision	decision	NOUN
cblr-2902	534	11	makers	maker	NOUN
cblr-2902	534	12	,	,	PUNCT
cblr-2902	534	13	tend	tend	VERB
cblr-2902	534	14	to	to	PART
cblr-2902	534	15	prefer	prefer	VERB
cblr-2902	534	16	to	to	PART
cblr-2902	534	17	avoid	avoid	VERB
cblr-2902	534	18	extremes	extreme	NOUN
cblr-2902	534	19	,	,	PUNCT
cblr-2902	534	20	courts	court	NOUN
cblr-2902	534	21	will	will	AUX
cblr-2902	534	22	be	be	AUX
cblr-2902	534	23	inclined	incline	VERB
cblr-2902	534	24	to	to	PART
cblr-2902	534	25	believe	believe	VERB
cblr-2902	534	26	that	that	SCONJ
cblr-2902	534	27	the	the	DET
cblr-2902	534	28	most	most	ADV
cblr-2902	534	29	likely	likely	ADJ
cblr-2902	534	30	outcome	outcome	NOUN
cblr-2902	534	31	is	be	AUX
cblr-2902	534	32	one	one	NUM
cblr-2902	534	33	that	that	PRON
cblr-2902	534	34	is	be	AUX
cblr-2902	534	35	in	in	ADP
cblr-2902	534	36	the	the	DET
cblr-2902	534	37	middle.96	middle.96	NOUN
cblr-2902	534	38	by	by	ADP
cblr-2902	534	39	manipulating	manipulate	VERB
cblr-2902	534	40	the	the	DET
cblr-2902	534	41	endpoints	endpoint	NOUN
cblr-2902	534	42	of	of	ADP
cblr-2902	534	43	the	the	DET
cblr-2902	534	44	range	range	NOUN
cblr-2902	534	45	,	,	PUNCT
cblr-2902	534	46	and	and	CCONJ
cblr-2902	534	47	thereby	thereby	ADV
cblr-2902	534	48	moving	move	VERB
cblr-2902	534	49	the	the	DET
cblr-2902	534	50	middle	middle	NOUN
cblr-2902	534	51	,	,	PUNCT
cblr-2902	534	52	the	the	DET
cblr-2902	534	53	expert	expert	NOUN
cblr-2902	534	54	can	can	AUX
cblr-2902	534	55	guide	guide	VERB
cblr-2902	534	56	the	the	DET
cblr-2902	534	57	court	court	NOUN
cblr-2902	534	58	toward	toward	ADP
cblr-2902	534	59	a	a	DET
cblr-2902	534	60	decision	decision	NOUN
cblr-2902	534	61	that	that	PRON
cblr-2902	534	62	is	be	AUX
cblr-2902	534	63	favorable	favorable	ADJ
cblr-2902	534	64	to	to	ADP
cblr-2902	534	65	his	his	PRON
cblr-2902	534	66	client	client	NOUN
cblr-2902	534	67	.	.	PUNCT
cblr-2902	534	68	"	"	PUNCT
cblr-2902	535	1	judges	judge	NOUN
cblr-2902	535	2	may	may	AUX
cblr-2902	535	3	also	also	ADV
cblr-2902	535	4	want	want	VERB
cblr-2902	535	5	to	to	PART
cblr-2902	535	6	split	split	VERB
cblr-2902	535	7	the	the	DET
cblr-2902	535	8	difference	difference	NOUN
cblr-2902	535	9	between	between	ADP
cblr-2902	535	10	experts	expert	NOUN
cblr-2902	535	11	,	,	PUNCT
cblr-2902	535	12	which	which	PRON
cblr-2902	535	13	encourages	encourage	VERB
cblr-2902	535	14	experts	expert	NOUN
cblr-2902	535	15	to	to	PART
cblr-2902	535	16	take	take	VERB
cblr-2902	535	17	extreme	extreme	ADJ
cblr-2902	535	18	positions	position	NOUN
cblr-2902	535	19	.	.	PUNCT
cblr-2902	536	1	5	5	X
cblr-2902	536	2	.	.	X
cblr-2902	536	3	traditional	traditional	ADJ
cblr-2902	536	4	methods	method	NOUN
cblr-2902	536	5	assume	assume	VERB
cblr-2902	536	6	that	that	SCONJ
cblr-2902	536	7	capital	capital	NOUN
cblr-2902	536	8	markets	market	NOUN
cblr-2902	536	9	are	be	AUX
cblr-2902	536	10	efficient	efficient	ADJ
cblr-2902	536	11	for	for	ADP
cblr-2902	536	12	all	all	PRON
cblr-2902	536	13	of	of	ADP
cblr-2902	536	14	their	their	PRON
cblr-2902	536	15	subjectivity	subjectivity	NOUN
cblr-2902	536	16	and	and	CCONJ
cblr-2902	536	17	complexity	complexity	NOUN
cblr-2902	536	18	,	,	PUNCT
cblr-2902	536	19	the	the	DET
cblr-2902	536	20	traditional	traditional	ADJ
cblr-2902	536	21	methods	method	NOUN
cblr-2902	536	22	of	of	ADP
cblr-2902	536	23	solvency	solvency	NOUN
cblr-2902	536	24	analysis	analysis	NOUN
cblr-2902	536	25	still	still	ADV
cblr-2902	536	26	depend	depend	VERB
cblr-2902	536	27	on	on	ADP
cblr-2902	536	28	the	the	DET
cblr-2902	536	29	assumption	assumption	NOUN
cblr-2902	536	30	that	that	SCONJ
cblr-2902	536	31	capital	capital	NOUN
cblr-2902	536	32	markets	market	NOUN
cblr-2902	536	33	are	be	AUX
cblr-2902	536	34	efficient	efficient	ADJ
cblr-2902	536	35	.	.	PUNCT
cblr-2902	537	1	the	the	DET
cblr-2902	537	2	discount	discount	NOUN
cblr-2902	537	3	rate	rate	NOUN
cblr-2902	537	4	used	use	VERB
cblr-2902	537	5	in	in	ADP
cblr-2902	537	6	dcf	dcf	NOUN
cblr-2902	537	7	analysis	analysis	NOUN
cblr-2902	537	8	is	be	AUX
cblr-2902	537	9	almost	almost	ADV
cblr-2902	537	10	always	always	ADV
cblr-2902	537	11	calculated	calculate	VERB
cblr-2902	537	12	using	use	VERB
cblr-2902	537	13	mathematical	mathematical	ADJ
cblr-2902	537	14	methods	method	NOUN
cblr-2902	537	15	that	that	PRON
cblr-2902	537	16	require	require	VERB
cblr-2902	537	17	an	an	DET
cblr-2902	537	18	assumption	assumption	NOUN
cblr-2902	537	19	that	that	SCONJ
cblr-2902	537	20	capital	capital	NOUN
cblr-2902	537	21	markets	market	NOUN
cblr-2902	537	22	are	be	AUX
cblr-2902	537	23	efficient.9	efficient.9	NOUN
cblr-2902	537	24	"	"	PUNCT
cblr-2902	537	25	multiples	multiple	NOUN
cblr-2902	537	26	methods	method	NOUN
cblr-2902	537	27	rely	rely	VERB
cblr-2902	537	28	on	on	ADP
cblr-2902	537	29	the	the	DET
cblr-2902	537	30	capital	capital	NOUN
cblr-2902	537	31	markets	market	NOUN
cblr-2902	537	32	to	to	PART
cblr-2902	537	33	value	value	VERB
cblr-2902	537	34	comparable	comparable	ADJ
cblr-2902	537	35	firms	firm	NOUN
cblr-2902	537	36	.	.	PUNCT
cblr-2902	538	1	if	if	SCONJ
cblr-2902	538	2	financial	financial	ADJ
cblr-2902	538	3	markets	market	NOUN
cblr-2902	538	4	can	can	AUX
cblr-2902	538	5	be	be	AUX
cblr-2902	538	6	trusted	trust	VERB
cblr-2902	538	7	to	to	PART
cblr-2902	538	8	discount	discount	VERB
cblr-2902	538	9	cash	cash	NOUN
cblr-2902	538	10	flows	flow	NOUN
cblr-2902	538	11	or	or	CCONJ
cblr-2902	538	12	value	value	NOUN
cblr-2902	538	13	comparable	comparable	ADJ
cblr-2902	538	14	firms	firm	NOUN
cblr-2902	538	15	,	,	PUNCT
cblr-2902	538	16	then	then	ADV
cblr-2902	538	17	one	one	NUM
cblr-2902	538	18	wonders	wonder	VERB
cblr-2902	538	19	why	why	SCONJ
cblr-2902	538	20	they	they	PRON
cblr-2902	538	21	can	can	AUX
cblr-2902	538	22	not	not	PART
cblr-2902	538	23	be	be	AUX
cblr-2902	538	24	trusted	trust	VERB
cblr-2902	538	25	to	to	PART
cblr-2902	538	26	value	value	VERB
cblr-2902	538	27	the	the	DET
cblr-2902	538	28	debtor	debtor	NOUN
cblr-2902	538	29	,	,	PUNCT
cblr-2902	538	30	thereby	thereby	ADV
cblr-2902	538	31	eliminating	eliminate	VERB
cblr-2902	538	32	the	the	DET
cblr-2902	538	33	need	need	NOUN
cblr-2902	538	34	to	to	PART
cblr-2902	538	35	determine	determine	VERB
cblr-2902	538	36	which	which	DET
cblr-2902	538	37	projections	projection	NOUN
cblr-2902	538	38	are	be	AUX
cblr-2902	538	39	appropriate	appropriate	ADJ
cblr-2902	538	40	or	or	CCONJ
cblr-2902	538	41	which	which	PRON
cblr-2902	538	42	firms	firm	NOUN
cblr-2902	538	43	are	be	AUX
cblr-2902	538	44	comparable	comparable	ADJ
cblr-2902	538	45	.	.	PUNCT
cblr-2902	539	1	as	as	SCONJ
cblr-2902	539	2	discussed	discuss	VERB
cblr-2902	539	3	below	below	ADV
cblr-2902	539	4	,	,	PUNCT
cblr-2902	539	5	a	a	DET
cblr-2902	539	6	number	number	NOUN
cblr-2902	539	7	of	of	ADP
cblr-2902	539	8	recent	recent	ADJ
cblr-2902	539	9	decisions	decision	NOUN
cblr-2902	539	10	have	have	AUX
cblr-2902	539	11	suggested	suggest	VERB
cblr-2902	539	12	that	that	SCONJ
cblr-2902	539	13	not	not	PART
cblr-2902	539	14	only	only	ADV
cblr-2902	539	15	can	can	AUX
cblr-2902	539	16	financial	financial	ADJ
cblr-2902	539	17	markets	market	NOUN
cblr-2902	539	18	9	9	NUM
cblr-2902	539	19	see	see	VERB
cblr-2902	539	20	,	,	PUNCT
cblr-2902	539	21	e.g.	e.g.	ADV
cblr-2902	539	22	,	,	PUNCT
cblr-2902	539	23	lippe	lippe	PROPN
cblr-2902	539	24	,	,	PUNCT
cblr-2902	539	25	288	288	NUM
cblr-2902	539	26	b.r	b.r	PROPN
cblr-2902	539	27	at	at	ADP
cblr-2902	539	28	686	686	NUM
cblr-2902	539	29	-	-	SYM
cblr-2902	539	30	87	87	NUM
cblr-2902	539	31	,	,	PUNCT
cblr-2902	539	32	689	689	NUM
cblr-2902	539	33	-	-	SYM
cblr-2902	539	34	90	90	NUM
cblr-2902	539	35	.	.	PUNCT
cblr-2902	539	36	"	"	PUNCT
cblr-2902	540	1	cass	cass	PROPN
cblr-2902	540	2	r.	r.	PROPN
cblr-2902	540	3	sunstein	sunstein	PROPN
cblr-2902	540	4	,	,	PUNCT
cblr-2902	540	5	social	social	ADJ
cblr-2902	540	6	norms	norm	NOUN
cblr-2902	540	7	and	and	CCONJ
cblr-2902	540	8	social	social	ADJ
cblr-2902	540	9	roles	role	NOUN
cblr-2902	540	10	,	,	PUNCT
cblr-2902	540	11	96	96	NUM
cblr-2902	540	12	colum	colum	NOUN
cblr-2902	540	13	.	.	PUNCT
cblr-2902	541	1	l.	l.	PROPN
cblr-2902	541	2	rev	rev	PROPN
cblr-2902	541	3	.	.	PROPN
cblr-2902	541	4	903	903	NUM
cblr-2902	541	5	,	,	PUNCT
cblr-2902	541	6	933	933	NUM
cblr-2902	541	7	(	(	PUNCT
cblr-2902	541	8	1996	1996	NUM
cblr-2902	541	9	)	)	PUNCT
cblr-2902	541	10	(	(	PUNCT
cblr-2902	541	11	citing	cite	VERB
cblr-2902	541	12	itamar	itamar	PROPN
cblr-2902	541	13	simonson	simonson	PROPN
cblr-2902	541	14	&	&	CCONJ
cblr-2902	541	15	amos	amos	PROPN
cblr-2902	541	16	tversky	tversky	PROPN
cblr-2902	541	17	,	,	PUNCT
cblr-2902	541	18	choice	choice	NOUN
cblr-2902	541	19	in	in	ADP
cblr-2902	541	20	context	context	NOUN
cblr-2902	541	21	:	:	PUNCT
cblr-2902	541	22	tradeoff	tradeoff	NOUN
cblr-2902	541	23	contrast	contrast	NOUN
cblr-2902	541	24	and	and	CCONJ
cblr-2902	541	25	extremeness	extremeness	NOUN
cblr-2902	541	26	aversion	aversion	NOUN
cblr-2902	541	27	,	,	PUNCT
cblr-2902	541	28	29	29	NUM
cblr-2902	541	29	j.	j.	PROPN
cblr-2902	541	30	marketing	marketing	NOUN
cblr-2902	541	31	res	re	NOUN
cblr-2902	541	32	.	.	PUNCT
cblr-2902	542	1	281	281	NUM
cblr-2902	542	2	,	,	PUNCT
cblr-2902	542	3	289	289	NUM
cblr-2902	542	4	-	-	SYM
cblr-2902	542	5	92	92	NUM
cblr-2902	542	6	(	(	PUNCT
cblr-2902	542	7	1992	1992	NUM
cblr-2902	542	8	)	)	PUNCT
cblr-2902	542	9	)	)	PUNCT
cblr-2902	543	1	;	;	PUNCT
cblr-2902	543	2	bernstein	bernstein	PROPN
cblr-2902	543	3	,	,	PUNCT
cblr-2902	543	4	seabury	seabury	PROPN
cblr-2902	543	5	&	&	CCONJ
cblr-2902	543	6	williams	williams	PROPN
cblr-2902	543	7	,	,	PUNCT
cblr-2902	543	8	supra	supra	PROPN
cblr-2902	543	9	note	note	PROPN
cblr-2902	543	10	57	57	NUM
cblr-2902	543	11	,	,	PUNCT
cblr-2902	543	12	at	at	ADP
cblr-2902	543	13	198	198	NUM
cblr-2902	543	14	-	-	SYM
cblr-2902	543	15	99	99	NUM
cblr-2902	543	16	.	.	PUNCT
cblr-2902	543	17	"	"	PUNCT
cblr-2902	544	1	bernstein	bernstein	PROPN
cblr-2902	544	2	,	,	PUNCT
cblr-2902	544	3	seabury	seabury	PROPN
cblr-2902	544	4	&	&	CCONJ
cblr-2902	544	5	williams	williams	PROPN
cblr-2902	544	6	,	,	PUNCT
cblr-2902	544	7	supra	supra	PROPN
cblr-2902	544	8	note	note	PROPN
cblr-2902	544	9	57	57	NUM
cblr-2902	544	10	,	,	PUNCT
cblr-2902	544	11	at	at	ADP
cblr-2902	544	12	198	198	NUM
cblr-2902	544	13	-	-	SYM
cblr-2902	544	14	99	99	NUM
cblr-2902	544	15	.	.	PUNCT
cblr-2902	545	1	98	98	NUM
cblr-2902	545	2	koller	koller	PROPN
cblr-2902	545	3	,	,	PUNCT
cblr-2902	545	4	goedhart	goedhart	NOUN
cblr-2902	545	5	&	&	CCONJ
cblr-2902	545	6	wessels	wessels	PROPN
cblr-2902	545	7	,	,	PUNCT
cblr-2902	545	8	supra	supra	PROPN
cblr-2902	545	9	note	note	PROPN
cblr-2902	545	10	61	61	NUM
cblr-2902	545	11	,	,	PUNCT
cblr-2902	545	12	at	at	ADP
cblr-2902	545	13	294	294	NUM
cblr-2902	545	14	-	-	SYM
cblr-2902	545	15	318	318	NUM
cblr-2902	545	16	;	;	PUNCT
cblr-2902	545	17	del	del	PROPN
cblr-2902	545	18	.	.	PROPN
cblr-2902	545	19	open	open	ADJ
cblr-2902	545	20	mri	mri	PROPN
cblr-2902	545	21	radiology	radiology	NOUN
cblr-2902	545	22	assocs	assocs	PROPN
cblr-2902	545	23	.	.	PUNCT
cblr-2902	546	1	v.	v.	PROPN
cblr-2902	546	2	kessler	kessler	PROPN
cblr-2902	546	3	,	,	PUNCT
cblr-2902	546	4	898	898	NUM
cblr-2902	546	5	a.2d	a.2d	NUM
cblr-2902	546	6	290	290	NUM
cblr-2902	546	7	,	,	PUNCT
cblr-2902	546	8	338	338	NUM
cblr-2902	546	9	(	(	PUNCT
cblr-2902	546	10	del	del	PROPN
cblr-2902	546	11	.	.	PROPN
cblr-2902	546	12	ch	ch	PROPN
cblr-2902	546	13	.	.	PROPN
cblr-2902	546	14	2006	2006	NUM
cblr-2902	546	15	)	)	PUNCT
cblr-2902	546	16	(	(	PUNCT
cblr-2902	546	17	"	"	PUNCT
cblr-2902	546	18	[	[	X
cblr-2902	546	19	tihere	tihere	PRON
cblr-2902	546	20	is	be	AUX
cblr-2902	546	21	much	much	ADJ
cblr-2902	546	22	dispute	dispute	NOUN
cblr-2902	546	23	about	about	ADP
cblr-2902	546	24	how	how	SCONJ
cblr-2902	546	25	to	to	PART
cblr-2902	546	26	calculate	calculate	VERB
cblr-2902	546	27	the	the	DET
cblr-2902	546	28	discount	discount	NOUN
cblr-2902	546	29	rate	rate	NOUN
cblr-2902	546	30	to	to	PART
cblr-2902	546	31	use	use	VERB
cblr-2902	546	32	in	in	ADP
cblr-2902	546	33	valuing	value	VERB
cblr-2902	546	34	their	their	PRON
cblr-2902	546	35	future	future	ADJ
cblr-2902	546	36	cash	cash	NOUN
cblr-2902	546	37	flows	flow	NOUN
cblr-2902	546	38	,	,	PUNCT
cblr-2902	546	39	even	even	ADV
cblr-2902	546	40	when	when	SCONJ
cblr-2902	546	41	one	one	PRON
cblr-2902	546	42	tries	try	VERB
cblr-2902	546	43	to	to	PART
cblr-2902	546	44	stick	stick	VERB
cblr-2902	546	45	as	as	ADV
cblr-2902	546	46	closely	closely	ADV
cblr-2902	546	47	as	as	ADP
cblr-2902	546	48	possible	possible	ADJ
cblr-2902	546	49	to	to	ADP
cblr-2902	546	50	the	the	DET
cblr-2902	546	51	principles	principle	NOUN
cblr-2902	546	52	undergirding	undergird	VERB
cblr-2902	546	53	the	the	DET
cblr-2902	546	54	capital	capital	NOUN
cblr-2902	546	55	asset	asset	NOUN
cblr-2902	546	56	pricing	pricing	NOUN
cblr-2902	546	57	model	model	NOUN
cblr-2902	546	58	and	and	CCONJ
cblr-2902	546	59	the	the	DET
cblr-2902	546	60	semi	semi	ADJ
cblr-2902	546	61	-	-	ADJ
cblr-2902	546	62	strong	strong	ADJ
cblr-2902	546	63	form	form	NOUN
cblr-2902	546	64	of	of	ADP
cblr-2902	546	65	the	the	DET
cblr-2902	546	66	efficient	efficient	ADJ
cblr-2902	546	67	capital	capital	NOUN
cblr-2902	546	68	markets	market	NOUN
cblr-2902	546	69	hypothesis	hypothesis	NOUN
cblr-2902	546	70	.	.	PUNCT
cblr-2902	546	71	"	"	PUNCT
cblr-2902	546	72	)	)	PUNCT
cblr-2902	546	73	;	;	PUNCT
cblr-2902	546	74	bernstein	bernstein	PROPN
cblr-2902	546	75	,	,	PUNCT
cblr-2902	546	76	seabury	seabury	PROPN
cblr-2902	546	77	&	&	CCONJ
cblr-2902	546	78	williams	williams	PROPN
cblr-2902	546	79	,	,	PUNCT
cblr-2902	546	80	supra	supra	PROPN
cblr-2902	546	81	note	note	PROPN
cblr-2902	546	82	57	57	NUM
cblr-2902	546	83	,	,	PUNCT
cblr-2902	546	84	at	at	ADP
cblr-2902	546	85	190	190	NUM
cblr-2902	546	86	-	-	SYM
cblr-2902	546	87	92	92	NUM
cblr-2902	546	88	.	.	PUNCT
cblr-2902	546	89	150	150	NUM
cblr-2902	547	1	[	[	NOUN
cblr-2902	547	2	vol	vol	NOUN
cblr-2902	547	3	.	.	PUNCT
cblr-2902	547	4	2011	2011	NUM
cblr-2902	547	5	frequently	frequently	ADV
cblr-2902	547	6	be	be	AUX
cblr-2902	547	7	trusted	trust	VERB
cblr-2902	547	8	,	,	PUNCT
cblr-2902	547	9	they	they	PRON
cblr-2902	547	10	are	be	AUX
cblr-2902	547	11	in	in	ADP
cblr-2902	547	12	fact	fact	NOUN
cblr-2902	547	13	usually	usually	ADV
cblr-2902	547	14	more	more	ADV
cblr-2902	547	15	trustworthy	trustworthy	ADJ
cblr-2902	547	16	than	than	ADP
cblr-2902	547	17	litigation	litigation	NOUN
cblr-2902	547	18	experts	expert	NOUN
cblr-2902	547	19	.	.	PUNCT
cblr-2902	548	1	e.	e.	PROPN
cblr-2902	548	2	hindsight	hindsight	PROPN
cblr-2902	548	3	bias	bias	NOUN
cblr-2902	548	4	gives	give	VERB
cblr-2902	548	5	plaintiffs	plaintiff	NOUN
cblr-2902	548	6	an	an	DET
cblr-2902	548	7	advantage	advantage	NOUN
cblr-2902	548	8	that	that	SCONJ
cblr-2902	548	9	the	the	DET
cblr-2902	548	10	law	law	NOUN
cblr-2902	548	11	does	do	AUX
cblr-2902	548	12	not	not	PART
cblr-2902	548	13	permit	permit	VERB
cblr-2902	548	14	in	in	ADP
cblr-2902	548	15	addition	addition	NOUN
cblr-2902	548	16	to	to	ADP
cblr-2902	548	17	the	the	DET
cblr-2902	548	18	challenge	challenge	NOUN
cblr-2902	548	19	of	of	ADP
cblr-2902	548	20	evaluating	evaluate	VERB
cblr-2902	548	21	subjective	subjective	ADJ
cblr-2902	548	22	judgments	judgment	NOUN
cblr-2902	548	23	by	by	ADP
cblr-2902	548	24	dueling	duel	VERB
cblr-2902	548	25	experts	expert	NOUN
cblr-2902	548	26	,	,	PUNCT
cblr-2902	548	27	judges	judge	NOUN
cblr-2902	548	28	face	face	VERB
cblr-2902	548	29	another	another	DET
cblr-2902	548	30	serious	serious	ADJ
cblr-2902	548	31	challenge	challenge	NOUN
cblr-2902	548	32	:	:	PUNCT
cblr-2902	548	33	innate	innate	ADJ
cblr-2902	548	34	human	human	ADJ
cblr-2902	548	35	psychology	psychology	NOUN
cblr-2902	548	36	.	.	PUNCT
cblr-2902	549	1	judges	judge	NOUN
cblr-2902	549	2	are	be	AUX
cblr-2902	549	3	legally	legally	ADV
cblr-2902	549	4	required	require	VERB
cblr-2902	549	5	to	to	PART
cblr-2902	549	6	evaluate	evaluate	VERB
cblr-2902	549	7	the	the	DET
cblr-2902	549	8	financial	financial	ADJ
cblr-2902	549	9	condition	condition	NOUN
cblr-2902	549	10	of	of	ADP
cblr-2902	549	11	the	the	DET
cblr-2902	549	12	debtor	debtor	NOUN
cblr-2902	549	13	at	at	ADP
cblr-2902	549	14	the	the	DET
cblr-2902	549	15	time	time	NOUN
cblr-2902	549	16	of	of	ADP
cblr-2902	549	17	the	the	DET
cblr-2902	549	18	allegedly	allegedly	ADV
cblr-2902	549	19	fraudulent	fraudulent	ADJ
cblr-2902	549	20	transfer	transfer	NOUN
cblr-2902	549	21	without	without	ADP
cblr-2902	549	22	the	the	DET
cblr-2902	549	23	use	use	NOUN
cblr-2902	549	24	of	of	ADP
cblr-2902	549	25	hindsight	hindsight	NOUN
cblr-2902	549	26	.	.	PUNCT
cblr-2902	549	27	"	"	PUNCT
cblr-2902	550	1	"	"	PUNCT
cblr-2902	550	2	hindsight	hindsight	ADJ
cblr-2902	550	3	bias	bias	NOUN
cblr-2902	550	4	"	"	PUNCT
cblr-2902	550	5	is	be	AUX
cblr-2902	550	6	a	a	DET
cblr-2902	550	7	term	term	NOUN
cblr-2902	550	8	used	use	VERB
cblr-2902	550	9	by	by	ADP
cblr-2902	550	10	psychologists	psychologist	NOUN
cblr-2902	550	11	and	and	CCONJ
cblr-2902	550	12	behavioral	behavioral	ADJ
cblr-2902	550	13	economists	economist	NOUN
cblr-2902	550	14	to	to	PART
cblr-2902	550	15	describe	describe	VERB
cblr-2902	550	16	the	the	DET
cblr-2902	550	17	widely	widely	ADV
cblr-2902	550	18	observed	observe	VERB
cblr-2902	550	19	human	human	ADJ
cblr-2902	550	20	tendency	tendency	NOUN
cblr-2902	550	21	to	to	PART
cblr-2902	550	22	overestimate	overestimate	VERB
cblr-2902	550	23	,	,	PUNCT
cblr-2902	550	24	after	after	ADP
cblr-2902	550	25	the	the	DET
cblr-2902	550	26	fact	fact	NOUN
cblr-2902	550	27	,	,	PUNCT
cblr-2902	550	28	the	the	DET
cblr-2902	550	29	foreseeability	foreseeability	NOUN
cblr-2902	550	30	of	of	ADP
cblr-2902	550	31	events	event	NOUN
cblr-2902	550	32	that	that	PRON
cblr-2902	550	33	have	have	VERB
cblr-2902	550	34	occurred.oo	occurred.oo	NUM
cblr-2902	550	35	hindsight	hindsight	ADJ
cblr-2902	550	36	bias	bias	NOUN
cblr-2902	550	37	can	can	AUX
cblr-2902	550	38	lead	lead	VERB
cblr-2902	550	39	evaluators	evaluator	NOUN
cblr-2902	550	40	who	who	PRON
cblr-2902	550	41	have	have	VERB
cblr-2902	550	42	the	the	DET
cblr-2902	550	43	benefit	benefit	NOUN
cblr-2902	550	44	of	of	ADP
cblr-2902	550	45	present	present	ADJ
cblr-2902	550	46	knowledge	knowledge	NOUN
cblr-2902	550	47	to	to	PART
cblr-2902	550	48	believe	believe	VERB
cblr-2902	550	49	that	that	SCONJ
cblr-2902	550	50	past	past	ADJ
cblr-2902	550	51	decision	decision	NOUN
cblr-2902	550	52	makers	maker	NOUN
cblr-2902	550	53	were	be	AUX
cblr-2902	550	54	negligent	negligent	ADJ
cblr-2902	550	55	or	or	CCONJ
cblr-2902	550	56	reckless	reckless	ADJ
cblr-2902	550	57	.	.	PUNCT
cblr-2902	551	1	"o	"o	PROPN
cblr-2902	551	2	'	'	PUNCT
cblr-2902	551	3	empirical	empirical	ADJ
cblr-2902	551	4	research	research	NOUN
cblr-2902	551	5	conclusively	conclusively	ADV
cblr-2902	551	6	demonstrates	demonstrate	VERB
cblr-2902	551	7	the	the	DET
cblr-2902	551	8	existence	existence	NOUN
cblr-2902	551	9	of	of	ADP
cblr-2902	551	10	hindsight	hindsight	ADJ
cblr-2902	551	11	bias	bias	NOUN
cblr-2902	551	12	.	.	PUNCT
cblr-2902	552	1	as	as	ADP
cblr-2902	552	2	of	of	ADP
cblr-2902	552	3	2003	2003	NUM
cblr-2902	552	4	,	,	PUNCT
cblr-2902	552	5	hindsight	hindsight	ADJ
cblr-2902	552	6	bias	bias	NOUN
cblr-2902	552	7	was	be	AUX
cblr-2902	552	8	demonstrated	demonstrate	VERB
cblr-2902	552	9	in	in	ADP
cblr-2902	552	10	over	over	ADP
cblr-2902	552	11	150	150	NUM
cblr-2902	552	12	published	publish	VERB
cblr-2902	552	13	"	"	PUNCT
cblr-2902	552	14	see	see	INTJ
cblr-2902	552	15	supra	supra	PROPN
cblr-2902	552	16	note	note	PROPN
cblr-2902	552	17	36	36	NUM
cblr-2902	552	18	.	.	PUNCT
cblr-2902	553	1	blank	blank	PROPN
cblr-2902	553	2	et	et	PROPN
cblr-2902	553	3	al	al	PROPN
cblr-2902	553	4	.	.	PROPN
cblr-2902	553	5	,	,	PUNCT
cblr-2902	553	6	hindsight	hindsight	ADJ
cblr-2902	553	7	bias	bias	NOUN
cblr-2902	553	8	:	:	PUNCT
cblr-2902	553	9	on	on	ADP
cblr-2902	553	10	being	be	AUX
cblr-2902	553	11	wise	wise	ADJ
cblr-2902	553	12	after	after	ADP
cblr-2902	553	13	the	the	DET
cblr-2902	553	14	event	event	NOUN
cblr-2902	553	15	,	,	PUNCT
cblr-2902	553	16	25	25	NUM
cblr-2902	553	17	soc	soc	NOUN
cblr-2902	553	18	.	.	PUNCT
cblr-2902	554	1	cognition	cognition	NOUN
cblr-2902	554	2	1	1	NUM
cblr-2902	554	3	,	,	PUNCT
cblr-2902	554	4	2	2	NUM
cblr-2902	554	5	(	(	PUNCT
cblr-2902	554	6	2007	2007	NUM
cblr-2902	554	7	)	)	PUNCT
cblr-2902	554	8	;	;	PUNCT
cblr-2902	554	9	see	see	VERB
cblr-2902	554	10	also	also	ADV
cblr-2902	554	11	marianne	marianne	PROPN
cblr-2902	554	12	m.	m.	PROPN
cblr-2902	554	13	jennings	jennings	PROPN
cblr-2902	554	14	et	et	PROPN
cblr-2902	554	15	al	al	PROPN
cblr-2902	554	16	.	.	PROPN
cblr-2902	554	17	,	,	PUNCT
cblr-2902	554	18	causality	causality	NOUN
cblr-2902	554	19	as	as	ADP
cblr-2902	554	20	an	an	DET
cblr-2902	554	21	influence	influence	NOUN
cblr-2902	554	22	on	on	ADP
cblr-2902	554	23	hindsight	hindsight	ADJ
cblr-2902	554	24	bias	bias	NOUN
cblr-2902	554	25	:	:	PUNCT
cblr-2902	554	26	an	an	DET
cblr-2902	554	27	empirical	empirical	ADJ
cblr-2902	554	28	examination	examination	NOUN
cblr-2902	554	29	of	of	ADP
cblr-2902	554	30	judges	judge	NOUN
cblr-2902	554	31	'	'	PART
cblr-2902	554	32	evaluation	evaluation	NOUN
cblr-2902	554	33	of	of	ADP
cblr-2902	554	34	professional	professional	ADJ
cblr-2902	554	35	audit	audit	NOUN
cblr-2902	554	36	judgment	judgment	NOUN
cblr-2902	554	37	,	,	PUNCT
cblr-2902	554	38	21	21	NUM
cblr-2902	554	39	j.	j.	PROPN
cblr-2902	554	40	acct	acct	PROPN
cblr-2902	554	41	.	.	PUNCT
cblr-2902	555	1	&	&	CCONJ
cblr-2902	556	1	pub	pub	NOUN
cblr-2902	556	2	.	.	PUNCT
cblr-2902	557	1	pol'y	pol'y	PROPN
cblr-2902	557	2	143	143	NUM
cblr-2902	557	3	,	,	PUNCT
cblr-2902	557	4	147	147	NUM
cblr-2902	557	5	(	(	PUNCT
cblr-2902	557	6	1998	1998	NUM
cblr-2902	557	7	)	)	PUNCT
cblr-2902	557	8	(	(	PUNCT
cblr-2902	557	9	"	"	PUNCT
cblr-2902	557	10	hindsight	hindsight	ADJ
cblr-2902	557	11	bias	bias	NOUN
cblr-2902	557	12	has	have	AUX
cblr-2902	557	13	been	be	AUX
cblr-2902	557	14	operationalized	operationalize	VERB
cblr-2902	557	15	as	as	ADP
cblr-2902	557	16	the	the	DET
cblr-2902	557	17	difference	difference	NOUN
cblr-2902	557	18	between	between	ADP
cblr-2902	557	19	probability	probability	NOUN
cblr-2902	557	20	assessments	assessment	NOUN
cblr-2902	557	21	of	of	ADP
cblr-2902	557	22	an	an	DET
cblr-2902	557	23	event	event	NOUN
cblr-2902	557	24	estimated	estimate	VERB
cblr-2902	557	25	with	with	ADP
cblr-2902	557	26	and	and	CCONJ
cblr-2902	557	27	without	without	ADP
cblr-2902	557	28	knowledge	knowledge	NOUN
cblr-2902	557	29	of	of	ADP
cblr-2902	557	30	the	the	DET
cblr-2902	557	31	event	event	NOUN
cblr-2902	557	32	outcome	outcome	NOUN
cblr-2902	557	33	.	.	PUNCT
cblr-2902	558	1	"	"	PUNCT
cblr-2902	558	2	)	)	PUNCT
cblr-2902	558	3	(	(	PUNCT
cblr-2902	558	4	citation	citation	NOUN
cblr-2902	558	5	omitted	omit	VERB
cblr-2902	558	6	)	)	PUNCT
cblr-2902	558	7	.	.	PUNCT
cblr-2902	559	1	hindsight	hindsight	ADJ
cblr-2902	559	2	bias	bias	NOUN
cblr-2902	559	3	operates	operate	VERB
cblr-2902	559	4	through	through	ADP
cblr-2902	559	5	a	a	DET
cblr-2902	559	6	variety	variety	NOUN
cblr-2902	559	7	of	of	ADP
cblr-2902	559	8	cognitive	cognitive	ADJ
cblr-2902	559	9	processes	process	NOUN
cblr-2902	559	10	,	,	PUNCT
cblr-2902	559	11	including	include	VERB
cblr-2902	559	12	"	"	PUNCT
cblr-2902	559	13	anchoring	anchoring	NOUN
cblr-2902	559	14	,	,	PUNCT
cblr-2902	559	15	"	"	PUNCT
cblr-2902	559	16	"	"	PUNCT
cblr-2902	559	17	focusing	focus	VERB
cblr-2902	559	18	,	,	PUNCT
cblr-2902	559	19	"	"	PUNCT
cblr-2902	559	20	and	and	CCONJ
cblr-2902	559	21	"	"	PUNCT
cblr-2902	559	22	availability	availability	NOUN
cblr-2902	559	23	.	.	PUNCT
cblr-2902	559	24	"	"	PUNCT
cblr-2902	560	1	see	see	VERB
cblr-2902	560	2	ulrich	ulrich	PROPN
cblr-2902	560	3	hoffrage	hoffrage	NOUN
cblr-2902	560	4	&	&	CCONJ
cblr-2902	560	5	rudiger	rudiger	PROPN
cblr-2902	560	6	f.	f.	PROPN
cblr-2902	560	7	pohl	pohl	PROPN
cblr-2902	560	8	,	,	PUNCT
cblr-2902	560	9	research	research	NOUN
cblr-2902	560	10	on	on	ADP
cblr-2902	560	11	hindsight	hindsight	ADJ
cblr-2902	560	12	bias	bias	NOUN
cblr-2902	560	13	:	:	PUNCT
cblr-2902	560	14	a	a	DET
cblr-2902	560	15	rich	rich	ADJ
cblr-2902	560	16	past	past	NOUN
cblr-2902	560	17	,	,	PUNCT
cblr-2902	560	18	a	a	DET
cblr-2902	560	19	productive	productive	ADJ
cblr-2902	560	20	present	present	NOUN
cblr-2902	560	21	,	,	PUNCT
cblr-2902	560	22	and	and	CCONJ
cblr-2902	560	23	a	a	DET
cblr-2902	560	24	challenging	challenging	ADJ
cblr-2902	560	25	future	future	NOUN
cblr-2902	560	26	,	,	PUNCT
cblr-2902	560	27	11	11	NUM
cblr-2902	560	28	memory	memory	NOUN
cblr-2902	560	29	329	329	NUM
cblr-2902	560	30	,	,	PUNCT
cblr-2902	560	31	331	331	NUM
cblr-2902	560	32	(	(	PUNCT
cblr-2902	560	33	2003	2003	NUM
cblr-2902	560	34	)	)	PUNCT
cblr-2902	560	35	(	(	PUNCT
cblr-2902	560	36	discussing	discuss	VERB
cblr-2902	560	37	hindsight	hindsight	ADJ
cblr-2902	560	38	bias	bias	NOUN
cblr-2902	560	39	and	and	CCONJ
cblr-2902	560	40	anchoring	anchoring	NOUN
cblr-2902	560	41	)	)	PUNCT
cblr-2902	560	42	;	;	PUNCT
cblr-2902	560	43	daniel	daniel	PROPN
cblr-2902	560	44	kahneman	kahneman	PROPN
cblr-2902	560	45	et	et	PROPN
cblr-2902	560	46	al	al	PROPN
cblr-2902	560	47	.	.	PROPN
cblr-2902	560	48	,	,	PUNCT
cblr-2902	560	49	would	would	AUX
cblr-2902	560	50	you	you	PRON
cblr-2902	560	51	be	be	AUX
cblr-2902	560	52	happier	happy	ADJ
cblr-2902	560	53	if	if	SCONJ
cblr-2902	560	54	you	you	PRON
cblr-2902	560	55	were	be	AUX
cblr-2902	560	56	richer	rich	ADJ
cblr-2902	560	57	?	?	PUNCT
cblr-2902	561	1	a	a	DET
cblr-2902	561	2	focusing	focus	VERB
cblr-2902	561	3	illusion	illusion	NOUN
cblr-2902	561	4	,	,	PUNCT
cblr-2902	561	5	312	312	NUM
cblr-2902	561	6	science	science	NOUN
cblr-2902	561	7	1908	1908	NUM
cblr-2902	561	8	,	,	PUNCT
cblr-2902	561	9	190809	190809	NUM
cblr-2902	561	10	(	(	PUNCT
cblr-2902	561	11	2006	2006	NUM
cblr-2902	561	12	)	)	PUNCT
cblr-2902	561	13	(	(	PUNCT
cblr-2902	561	14	describing	describe	VERB
cblr-2902	561	15	the	the	DET
cblr-2902	561	16	"	"	PUNCT
cblr-2902	561	17	focusing	focus	VERB
cblr-2902	561	18	"	"	PUNCT
cblr-2902	561	19	phenomenon	phenomenon	NOUN
cblr-2902	561	20	and	and	CCONJ
cblr-2902	561	21	noting	note	VERB
cblr-2902	561	22	that	that	SCONJ
cblr-2902	561	23	"	"	PUNCT
cblr-2902	561	24	[	[	X
cblr-2902	561	25	niothing	niothe	VERB
cblr-2902	561	26	in	in	ADP
cblr-2902	561	27	life	life	NOUN
cblr-2902	561	28	is	be	AUX
cblr-2902	561	29	quite	quite	ADV
cblr-2902	561	30	as	as	ADV
cblr-2902	561	31	important	important	ADJ
cblr-2902	561	32	as	as	SCONJ
cblr-2902	561	33	you	you	PRON
cblr-2902	561	34	think	think	VERB
cblr-2902	561	35	it	it	PRON
cblr-2902	561	36	is	be	AUX
cblr-2902	561	37	while	while	SCONJ
cblr-2902	561	38	you	you	PRON
cblr-2902	561	39	are	be	AUX
cblr-2902	561	40	thinking	think	VERB
cblr-2902	561	41	about	about	ADP
cblr-2902	561	42	it	it	PRON
cblr-2902	561	43	"	"	PUNCT
cblr-2902	561	44	)	)	PUNCT
cblr-2902	561	45	;	;	PUNCT
cblr-2902	561	46	robert	robert	PROPN
cblr-2902	561	47	p.	p.	PROPN
cblr-2902	561	48	agans	agans	PROPN
cblr-2902	561	49	&	&	CCONJ
cblr-2902	561	50	leigh	leigh	PROPN
cblr-2902	561	51	s.	s.	PROPN
cblr-2902	561	52	shaffer	shaffer	PROPN
cblr-2902	561	53	,	,	PUNCT
cblr-2902	561	54	the	the	DET
cblr-2902	561	55	hindsight	hindsight	ADJ
cblr-2902	561	56	bias	bias	NOUN
cblr-2902	561	57	:	:	PUNCT
cblr-2902	561	58	the	the	DET
cblr-2902	561	59	role	role	NOUN
cblr-2902	561	60	of	of	ADP
cblr-2902	561	61	the	the	DET
cblr-2902	561	62	availability	availability	NOUN
cblr-2902	561	63	heuristic	heuristic	NOUN
cblr-2902	561	64	and	and	CCONJ
cblr-2902	561	65	perceived	perceive	VERB
cblr-2902	561	66	risk	risk	NOUN
cblr-2902	561	67	,	,	PUNCT
cblr-2902	561	68	15	15	NUM
cblr-2902	561	69	basic	basic	ADJ
cblr-2902	561	70	&	&	CCONJ
cblr-2902	561	71	applied	applied	ADJ
cblr-2902	561	72	soc	soc	NOUN
cblr-2902	561	73	.	.	PUNCT
cblr-2902	562	1	psychol	psychol	NOUN
cblr-2902	562	2	.	.	PUNCT
cblr-2902	563	1	439	439	NUM
cblr-2902	563	2	(	(	PUNCT
cblr-2902	563	3	1994	1994	NUM
cblr-2902	563	4	)	)	PUNCT
cblr-2902	564	1	(	(	PUNCT
cblr-2902	564	2	discussing	discuss	VERB
cblr-2902	564	3	hindsight	hindsight	ADJ
cblr-2902	564	4	bias	bias	NOUN
cblr-2902	564	5	and	and	CCONJ
cblr-2902	564	6	availability	availability	NOUN
cblr-2902	564	7	)	)	PUNCT
cblr-2902	564	8	.	.	PUNCT
cblr-2902	565	1	.o	.o	PROPN
cblr-2902	565	2	.	.	PUNCT
cblr-2902	566	1	see	see	VERB
cblr-2902	566	2	generally	generally	ADV
cblr-2902	566	3	erin	erin	PROPN
cblr-2902	566	4	m.	m.	NOUN
cblr-2902	566	5	harley	harley	PROPN
cblr-2902	566	6	,	,	PUNCT
cblr-2902	566	7	hindsight	hindsight	ADJ
cblr-2902	566	8	bias	bias	NOUN
cblr-2902	566	9	in	in	ADP
cblr-2902	566	10	legal	legal	ADJ
cblr-2902	566	11	decision	decision	NOUN
cblr-2902	566	12	making	making	NOUN
cblr-2902	566	13	,	,	PUNCT
cblr-2902	566	14	25	25	NUM
cblr-2902	566	15	soc	soc	NOUN
cblr-2902	566	16	.	.	PUNCT
cblr-2902	567	1	cognition	cognition	NOUN
cblr-2902	567	2	48	48	NUM
cblr-2902	567	3	(	(	PUNCT
cblr-2902	567	4	2007	2007	NUM
cblr-2902	567	5	)	)	PUNCT
cblr-2902	567	6	.	.	PUNCT
cblr-2902	568	1	no	no	INTJ
cblr-2902	568	2	.	.	NOUN
cblr-2902	569	1	1	1	NUM
cblr-2902	569	2	:	:	SYM
cblr-2902	569	3	118]1	118]1	NUM
cblr-2902	569	4	leveraged	leverage	VERB
cblr-2902	569	5	buyout	buyout	NOUN
cblr-2902	569	6	bankruptcies	bankruptcy	NOUN
cblr-2902	569	7	151	151	NUM
cblr-2902	569	8	articles	article	NOUN
cblr-2902	569	9	,	,	PUNCT
cblr-2902	569	10	many	many	ADJ
cblr-2902	569	11	of	of	ADP
cblr-2902	569	12	which	which	PRON
cblr-2902	569	13	reported	report	VERB
cblr-2902	569	14	multiple	multiple	ADJ
cblr-2902	569	15	empirical	empirical	ADJ
cblr-2902	569	16	studies.102	studies.102	NOUN
cblr-2902	569	17	many	many	ADJ
cblr-2902	569	18	of	of	ADP
cblr-2902	569	19	these	these	DET
cblr-2902	569	20	studies	study	NOUN
cblr-2902	569	21	specifically	specifically	ADV
cblr-2902	569	22	focus	focus	VERB
cblr-2902	569	23	on	on	ADP
cblr-2902	569	24	determinations	determination	NOUN
cblr-2902	569	25	of	of	ADP
cblr-2902	569	26	legal	legal	ADJ
cblr-2902	569	27	liability	liability	NOUN
cblr-2902	569	28	in	in	ADP
cblr-2902	569	29	contexts	context	NOUN
cblr-2902	569	30	analogous	analogous	ADJ
cblr-2902	569	31	to	to	ADP
cblr-2902	569	32	fraudulent	fraudulent	ADJ
cblr-2902	569	33	transfer	transfer	NOUN
cblr-2902	569	34	litigation	litigation	NOUN
cblr-2902	569	35	.	.	PUNCT
cblr-2902	570	1	"'o	"'o	NOUN
cblr-2902	571	1	in	in	ADP
cblr-2902	571	2	the	the	DET
cblr-2902	571	3	prototypical	prototypical	ADJ
cblr-2902	571	4	study	study	NOUN
cblr-2902	571	5	of	of	ADP
cblr-2902	571	6	hindsight	hindsight	ADJ
cblr-2902	571	7	bias	bias	NOUN
cblr-2902	571	8	in	in	ADP
cblr-2902	571	9	the	the	DET
cblr-2902	571	10	litigation	litigation	NOUN
cblr-2902	571	11	context	context	NOUN
cblr-2902	571	12	,	,	PUNCT
cblr-2902	571	13	evaluators	evaluator	NOUN
cblr-2902	571	14	are	be	AUX
cblr-2902	571	15	randomly	randomly	ADV
cblr-2902	571	16	divided	divide	VERB
cblr-2902	571	17	into	into	ADP
cblr-2902	571	18	two	two	NUM
cblr-2902	571	19	groups	group	NOUN
cblr-2902	571	20	,	,	PUNCT
cblr-2902	571	21	a	a	DET
cblr-2902	571	22	foresight	foresight	NOUN
cblr-2902	571	23	group	group	NOUN
cblr-2902	571	24	and	and	CCONJ
cblr-2902	571	25	a	a	DET
cblr-2902	571	26	hindsight	hindsight	ADJ
cblr-2902	571	27	group	group	NOUN
cblr-2902	571	28	.	.	PUNCT
cblr-2902	572	1	evaluators	evaluator	NOUN
cblr-2902	572	2	from	from	ADP
cblr-2902	572	3	both	both	DET
cblr-2902	572	4	groups	group	NOUN
cblr-2902	572	5	are	be	AUX
cblr-2902	572	6	asked	ask	VERB
cblr-2902	572	7	to	to	PART
cblr-2902	572	8	independently	independently	ADV
cblr-2902	572	9	evaluate	evaluate	VERB
cblr-2902	572	10	the	the	DET
cblr-2902	572	11	prudence	prudence	NOUN
cblr-2902	572	12	of	of	ADP
cblr-2902	572	13	a	a	DET
cblr-2902	572	14	defendant	defendant	NOUN
cblr-2902	572	15	's	's	PART
cblr-2902	572	16	decision	decision	NOUN
cblr-2902	572	17	.	.	PUNCT
cblr-2902	573	1	'04	'04	NUM
cblr-2902	573	2	however	however	ADV
cblr-2902	573	3	,	,	PUNCT
cblr-2902	573	4	each	each	DET
cblr-2902	573	5	group	group	NOUN
cblr-2902	573	6	of	of	ADP
cblr-2902	573	7	evaluators	evaluator	NOUN
cblr-2902	573	8	has	have	VERB
cblr-2902	573	9	access	access	NOUN
cblr-2902	573	10	to	to	ADP
cblr-2902	573	11	different	different	ADJ
cblr-2902	573	12	information	information	NOUN
cblr-2902	573	13	.	.	PUNCT
cblr-2902	574	1	evaluators	evaluator	NOUN
cblr-2902	574	2	in	in	ADP
cblr-2902	574	3	the	the	DET
cblr-2902	574	4	foresight	foresight	NOUN
cblr-2902	574	5	group	group	NOUN
cblr-2902	574	6	are	be	AUX
cblr-2902	574	7	presented	present	VERB
cblr-2902	574	8	with	with	ADP
cblr-2902	574	9	all	all	PRON
cblr-2902	574	10	of	of	ADP
cblr-2902	574	11	the	the	DET
cblr-2902	574	12	information	information	NOUN
cblr-2902	574	13	that	that	PRON
cblr-2902	574	14	was	be	AUX
cblr-2902	574	15	available	available	ADJ
cblr-2902	574	16	to	to	ADP
cblr-2902	574	17	the	the	DET
cblr-2902	574	18	defendant	defendant	NOUN
cblr-2902	574	19	at	at	ADP
cblr-2902	574	20	the	the	DET
cblr-2902	574	21	time	time	NOUN
cblr-2902	574	22	of	of	ADP
cblr-2902	574	23	the	the	DET
cblr-2902	574	24	decision	decision	NOUN
cblr-2902	574	25	,	,	PUNCT
cblr-2902	574	26	but	but	CCONJ
cblr-2902	574	27	do	do	AUX
cblr-2902	574	28	not	not	PART
cblr-2902	574	29	know	know	VERB
cblr-2902	574	30	the	the	DET
cblr-2902	574	31	outcome	outcome	NOUN
cblr-2902	574	32	of	of	ADP
cblr-2902	574	33	the	the	DET
cblr-2902	574	34	decision	decision	NOUN
cblr-2902	574	35	.	.	PUNCT
cblr-2902	575	1	evaluators	evaluator	NOUN
cblr-2902	575	2	in	in	ADP
cblr-2902	575	3	the	the	DET
cblr-2902	575	4	hindsight	hindsight	ADJ
cblr-2902	575	5	group	group	NOUN
cblr-2902	575	6	are	be	AUX
cblr-2902	575	7	presented	present	VERB
cblr-2902	575	8	with	with	ADP
cblr-2902	575	9	all	all	PRON
cblr-2902	575	10	of	of	ADP
cblr-2902	575	11	the	the	DET
cblr-2902	575	12	information	information	NOUN
cblr-2902	575	13	shown	show	VERB
cblr-2902	575	14	to	to	ADP
cblr-2902	575	15	the	the	DET
cblr-2902	575	16	foresight	foresight	NOUN
cblr-2902	575	17	group	group	NOUN
cblr-2902	575	18	,	,	PUNCT
cblr-2902	575	19	plus	plus	CCONJ
cblr-2902	575	20	the	the	DET
cblr-2902	575	21	ultimate	ultimate	ADJ
cblr-2902	575	22	outcome	outcome	NOUN
cblr-2902	575	23	.	.	PUNCT
cblr-2902	576	1	in	in	ADP
cblr-2902	576	2	other	other	ADJ
cblr-2902	576	3	words	word	NOUN
cblr-2902	576	4	,	,	PUNCT
cblr-2902	576	5	evaluators	evaluator	NOUN
cblr-2902	576	6	in	in	ADP
cblr-2902	576	7	the	the	DET
cblr-2902	576	8	hindsight	hindsight	ADJ
cblr-2902	576	9	group	group	NOUN
cblr-2902	576	10	share	share	VERB
cblr-2902	576	11	the	the	DET
cblr-2902	576	12	role	role	NOUN
cblr-2902	576	13	of	of	ADP
cblr-2902	576	14	real	real	ADJ
cblr-2902	576	15	world	world	NOUN
cblr-2902	576	16	decision	decision	NOUN
cblr-2902	576	17	makers	maker	NOUN
cblr-2902	576	18	-	-	PUNCT
cblr-2902	576	19	such	such	ADJ
cblr-2902	576	20	as	as	ADP
cblr-2902	576	21	bankruptcy	bankruptcy	NOUN
cblr-2902	576	22	judges	judge	NOUN
cblr-2902	576	23	-	-	PUNCT
cblr-2902	576	24	who	who	PRON
cblr-2902	576	25	attempt	attempt	VERB
cblr-2902	576	26	to	to	PART
cblr-2902	576	27	judge	judge	VERB
cblr-2902	576	28	without	without	ADP
cblr-2902	576	29	utilizing	utilize	VERB
cblr-2902	576	30	hindsight	hindsight	ADV
cblr-2902	576	31	,	,	PUNCT
cblr-2902	576	32	but	but	CCONJ
cblr-2902	576	33	nevertheless	nevertheless	ADV
cblr-2902	576	34	have	have	VERB
cblr-2902	576	35	access	access	NOUN
cblr-2902	576	36	to	to	ADP
cblr-2902	576	37	information	information	NOUN
cblr-2902	576	38	that	that	PRON
cblr-2902	576	39	may	may	AUX
cblr-2902	576	40	lead	lead	VERB
cblr-2902	576	41	them	they	PRON
cblr-2902	576	42	to	to	PART
cblr-2902	576	43	inadvertently	inadvertently	ADV
cblr-2902	576	44	judge	judge	VERB
cblr-2902	576	45	with	with	ADP
cblr-2902	576	46	hindsight	hindsight	NOUN
cblr-2902	576	47	.	.	PUNCT
cblr-2902	577	1	the	the	DET
cblr-2902	577	2	studies	study	NOUN
cblr-2902	577	3	consistently	consistently	ADV
cblr-2902	577	4	find	find	VERB
cblr-2902	577	5	that	that	SCONJ
cblr-2902	577	6	evaluators	evaluator	NOUN
cblr-2902	577	7	in	in	ADP
cblr-2902	577	8	the	the	DET
cblr-2902	577	9	hindsight	hindsight	ADJ
cblr-2902	577	10	group	group	NOUN
cblr-2902	577	11	view	view	VERB
cblr-2902	577	12	the	the	DET
cblr-2902	577	13	actual	actual	ADJ
cblr-2902	577	14	outcome	outcome	NOUN
cblr-2902	577	15	as	as	ADV
cblr-2902	577	16	far	far	ADV
cblr-2902	577	17	more	more	ADV
cblr-2902	577	18	likely	likely	ADJ
cblr-2902	577	19	,	,	PUNCT
cblr-2902	577	20	102	102	NUM
cblr-2902	577	21	hoffrage	hoffrage	NOUN
cblr-2902	577	22	&	&	CCONJ
cblr-2902	577	23	pohl	pohl	PROPN
cblr-2902	577	24	,	,	PUNCT
cblr-2902	577	25	supra	supra	PROPN
cblr-2902	577	26	note	note	PROPN
cblr-2902	577	27	100	100	NUM
cblr-2902	577	28	,	,	PUNCT
cblr-2902	577	29	at	at	ADP
cblr-2902	577	30	329	329	NUM
cblr-2902	577	31	.	.	PUNCT
cblr-2902	577	32	10	10	NUM
cblr-2902	577	33	see	see	VERB
cblr-2902	577	34	jennings	jennings	PROPN
cblr-2902	577	35	et	et	PROPN
cblr-2902	577	36	al	al	PROPN
cblr-2902	577	37	.	.	PROPN
cblr-2902	577	38	,	,	PUNCT
cblr-2902	577	39	supra	supra	PROPN
cblr-2902	577	40	note	note	VERB
cblr-2902	577	41	100	100	NUM
cblr-2902	577	42	(	(	PUNCT
cblr-2902	577	43	discussing	discuss	VERB
cblr-2902	577	44	auditor	auditor	NOUN
cblr-2902	577	45	liability	liability	NOUN
cblr-2902	577	46	for	for	ADP
cblr-2902	577	47	audit	audit	NOUN
cblr-2902	577	48	opinion	opinion	NOUN
cblr-2902	577	49	with	with	ADP
cblr-2902	577	50	respect	respect	NOUN
cblr-2902	577	51	to	to	ADP
cblr-2902	577	52	a	a	DET
cblr-2902	577	53	company	company	NOUN
cblr-2902	577	54	that	that	PRON
cblr-2902	577	55	subsequently	subsequently	ADV
cblr-2902	577	56	went	go	VERB
cblr-2902	577	57	bankrupt	bankrupt	ADJ
cblr-2902	577	58	)	)	PUNCT
cblr-2902	577	59	;	;	PUNCT
cblr-2902	577	60	see	see	VERB
cblr-2902	577	61	generally	generally	ADV
cblr-2902	577	62	merrie	merrie	PROPN
cblr-2902	577	63	jo	jo	PROPN
cblr-2902	577	64	stallard	stallard	PROPN
cblr-2902	577	65	&	&	CCONJ
cblr-2902	577	66	debra	debra	PROPN
cblr-2902	577	67	l.	l.	PROPN
cblr-2902	577	68	worthington	worthington	PROPN
cblr-2902	577	69	,	,	PUNCT
cblr-2902	577	70	reducing	reduce	VERB
cblr-2902	577	71	the	the	DET
cblr-2902	577	72	hindsight	hindsight	ADJ
cblr-2902	577	73	bias	bias	NOUN
cblr-2902	577	74	utilizing	utilize	VERB
cblr-2902	577	75	attorney	attorney	NOUN
cblr-2902	577	76	closing	closing	NOUN
cblr-2902	577	77	arguments	argument	NOUN
cblr-2902	577	78	,	,	PUNCT
cblr-2902	577	79	22	22	NUM
cblr-2902	577	80	l.	l.	PROPN
cblr-2902	577	81	&	&	CCONJ
cblr-2902	577	82	hum	hum	PROPN
cblr-2902	577	83	.	.	PUNCT
cblr-2902	578	1	behav	behav	PROPN
cblr-2902	578	2	.	.	PUNCT
cblr-2902	579	1	671	671	NUM
cblr-2902	579	2	(	(	PUNCT
cblr-2902	579	3	1998	1998	NUM
cblr-2902	579	4	)	)	PUNCT
cblr-2902	579	5	(	(	PUNCT
cblr-2902	579	6	noting	note	VERB
cblr-2902	579	7	director	director	NOUN
cblr-2902	579	8	liability	liability	NOUN
cblr-2902	579	9	in	in	ADP
cblr-2902	579	10	the	the	DET
cblr-2902	579	11	case	case	NOUN
cblr-2902	579	12	of	of	ADP
cblr-2902	579	13	a	a	DET
cblr-2902	579	14	failed	fail	VERB
cblr-2902	579	15	savings	saving	NOUN
cblr-2902	579	16	and	and	CCONJ
cblr-2902	579	17	loan	loan	NOUN
cblr-2902	579	18	institution	institution	NOUN
cblr-2902	579	19	)	)	PUNCT
cblr-2902	579	20	;	;	PUNCT
cblr-2902	580	1	john	john	PROPN
cblr-2902	580	2	c.	c.	PROPN
cblr-2902	580	3	anderson	anderson	PROPN
cblr-2902	580	4	et	et	PROPN
cblr-2902	580	5	al	al	PROPN
cblr-2902	580	6	.	.	PROPN
cblr-2902	580	7	,	,	PUNCT
cblr-2902	580	8	the	the	DET
cblr-2902	580	9	mitigation	mitigation	NOUN
cblr-2902	580	10	of	of	ADP
cblr-2902	580	11	hindsight	hindsight	ADJ
cblr-2902	580	12	bias	bias	NOUN
cblr-2902	580	13	in	in	ADP
cblr-2902	580	14	judges'evaluation	judges'evaluation	PROPN
cblr-2902	580	15	ofauditor	ofauditor	NOUN
cblr-2902	580	16	decisions	decision	NOUN
cblr-2902	580	17	,	,	PUNCT
cblr-2902	580	18	16	16	NUM
cblr-2902	580	19	auditing	auditing	NOUN
cblr-2902	580	20	:	:	PUNCT
cblr-2902	580	21	j.	j.	PROPN
cblr-2902	580	22	prac	prac	PROPN
cblr-2902	580	23	.	.	PROPN
cblr-2902	580	24	&	&	CCONJ
cblr-2902	580	25	theory	theory	PROPN
cblr-2902	580	26	20	20	NUM
cblr-2902	580	27	(	(	PUNCT
cblr-2902	580	28	1997	1997	NUM
cblr-2902	580	29	)	)	PUNCT
cblr-2902	580	30	(	(	PUNCT
cblr-2902	580	31	discussing	discuss	VERB
cblr-2902	580	32	auditor	auditor	NOUN
cblr-2902	580	33	liability	liability	NOUN
cblr-2902	580	34	with	with	ADP
cblr-2902	580	35	respect	respect	NOUN
cblr-2902	580	36	to	to	ADP
cblr-2902	580	37	a	a	DET
cblr-2902	580	38	company	company	NOUN
cblr-2902	580	39	that	that	PRON
cblr-2902	580	40	experienced	experience	VERB
cblr-2902	580	41	a	a	DET
cblr-2902	580	42	precipitous	precipitous	ADJ
cblr-2902	580	43	drop	drop	NOUN
cblr-2902	580	44	in	in	ADP
cblr-2902	580	45	profits	profit	NOUN
cblr-2902	580	46	)	)	PUNCT
cblr-2902	580	47	;	;	PUNCT
cblr-2902	580	48	d.	d.	PROPN
cblr-2902	580	49	jordan	jordan	PROPN
cblr-2902	580	50	lowe	lowe	PROPN
cblr-2902	580	51	&	&	CCONJ
cblr-2902	580	52	philip	philip	PROPN
cblr-2902	580	53	m.j	m.j	PROPN
cblr-2902	580	54	.	.	PROPN
cblr-2902	580	55	reckers	recker	NOUN
cblr-2902	580	56	,	,	PUNCT
cblr-2902	580	57	the	the	DET
cblr-2902	580	58	effects	effect	NOUN
cblr-2902	580	59	of	of	ADP
cblr-2902	580	60	hindsight	hindsight	ADJ
cblr-2902	580	61	bias	bias	NOUN
cblr-2902	580	62	on	on	ADP
cblr-2902	580	63	jurors	juror	NOUN
cblr-2902	580	64	'	'	PART
cblr-2902	580	65	evaluations	evaluation	NOUN
cblr-2902	580	66	of	of	ADP
cblr-2902	580	67	auditor	auditor	NOUN
cblr-2902	580	68	decisions	decision	NOUN
cblr-2902	580	69	,	,	PUNCT
cblr-2902	580	70	25	25	NUM
cblr-2902	580	71	decision	decision	NOUN
cblr-2902	580	72	sci	sci	PROPN
cblr-2902	580	73	.	.	PROPN
cblr-2902	580	74	401	401	NUM
cblr-2902	580	75	(	(	PUNCT
cblr-2902	580	76	1994	1994	NUM
cblr-2902	580	77	)	)	PUNCT
cblr-2902	580	78	(	(	PUNCT
cblr-2902	580	79	discussing	discuss	VERB
cblr-2902	580	80	auditor	auditor	NOUN
cblr-2902	580	81	liability	liability	NOUN
cblr-2902	580	82	for	for	ADP
cblr-2902	580	83	audit	audit	NOUN
cblr-2902	580	84	opinion	opinion	NOUN
cblr-2902	580	85	with	with	ADP
cblr-2902	580	86	respect	respect	NOUN
cblr-2902	580	87	to	to	ADP
cblr-2902	580	88	a	a	DET
cblr-2902	580	89	company	company	NOUN
cblr-2902	580	90	that	that	PRON
cblr-2902	580	91	subsequently	subsequently	ADV
cblr-2902	580	92	went	go	VERB
cblr-2902	580	93	bankrupt	bankrupt	ADJ
cblr-2902	580	94	)	)	PUNCT
cblr-2902	580	95	.	.	PUNCT
cblr-2902	581	1	10	10	NUM
cblr-2902	581	2	see	see	VERB
cblr-2902	581	3	generally	generally	ADV
cblr-2902	581	4	harley	harley	NOUN
cblr-2902	581	5	,	,	PUNCT
cblr-2902	581	6	supra	supra	PROPN
cblr-2902	581	7	note	note	PROPN
cblr-2902	581	8	101	101	NUM
cblr-2902	581	9	;	;	PUNCT
cblr-2902	581	10	see	see	VERB
cblr-2902	581	11	also	also	ADV
cblr-2902	581	12	susan	susan	PROPN
cblr-2902	581	13	j.	j.	PROPN
cblr-2902	581	14	labine	labine	PROPN
cblr-2902	581	15	&	&	CCONJ
cblr-2902	581	16	gary	gary	PROPN
cblr-2902	581	17	labine	labine	PROPN
cblr-2902	581	18	,	,	PUNCT
cblr-2902	581	19	determinations	determination	NOUN
cblr-2902	581	20	of	of	ADP
cblr-2902	581	21	negligence	negligence	NOUN
cblr-2902	581	22	and	and	CCONJ
cblr-2902	581	23	the	the	DET
cblr-2902	581	24	hindsight	hindsight	ADJ
cblr-2902	581	25	bias	bias	NOUN
cblr-2902	581	26	,	,	PUNCT
cblr-2902	581	27	20	20	NUM
cblr-2902	581	28	l.	l.	PROPN
cblr-2902	581	29	&	&	CCONJ
cblr-2902	581	30	hum	hum	PROPN
cblr-2902	581	31	.	.	PUNCT
cblr-2902	582	1	behav	behav	PROPN
cblr-2902	582	2	.	.	PUNCT
cblr-2902	583	1	501	501	NUM
cblr-2902	583	2	(	(	PUNCT
cblr-2902	583	3	1996	1996	NUM
cblr-2902	583	4	)	)	PUNCT
cblr-2902	583	5	.	.	PUNCT
cblr-2902	584	1	152	152	NUM
cblr-2902	584	2	col	col	PROPN
cblr-2902	584	3	umbia	umbia	PROPN
cblr-2902	584	4	b	b	PROPN
cblr-2902	584	5	usiness	usiness	PROPN
cblr-2902	584	6	la	la	PROPN
cblr-2902	584	7	w	w	PROPN
cblr-2902	584	8	re	re	PROPN
cblr-2902	584	9	vie	vie	PROPN
cblr-2902	584	10	w	w	PROPN
cblr-2902	585	1	[	[	X
cblr-2902	585	2	vol	vol	NOUN
cblr-2902	585	3	.	.	PUNCT
cblr-2902	585	4	2011	2011	NUM
cblr-2902	585	5	leveraged	leverage	VERB
cblr-2902	585	6	buyout	buyout	NOUN
cblr-2902	585	7	bankruptcies	bankruptcy	NOUN
cblr-2902	585	8	and	and	CCONJ
cblr-2902	585	9	the	the	DET
cblr-2902	585	10	defendant	defendant	NOUN
cblr-2902	585	11	as	as	ADV
cblr-2902	585	12	far	far	ADV
cblr-2902	585	13	more	more	ADV
cblr-2902	585	14	culpable	culpable	ADJ
cblr-2902	585	15	,	,	PUNCT
cblr-2902	585	16	than	than	SCONJ
cblr-2902	585	17	do	do	VERB
cblr-2902	585	18	evaluators	evaluator	NOUN
cblr-2902	585	19	in	in	ADP
cblr-2902	585	20	the	the	DET
cblr-2902	585	21	foresight	foresight	NOUN
cblr-2902	585	22	group	group	NOUN
cblr-2902	585	23	.	.	PUNCT
cblr-2902	586	1	'1	'1	PROPN
cblr-2902	586	2	worse	worse	ADV
cblr-2902	586	3	yet	yet	ADV
cblr-2902	586	4	,	,	PUNCT
cblr-2902	586	5	the	the	PRON
cblr-2902	586	6	more	more	ADV
cblr-2902	586	7	severe	severe	ADJ
cblr-2902	586	8	the	the	DET
cblr-2902	586	9	negative	negative	ADJ
cblr-2902	586	10	outcome	outcome	NOUN
cblr-2902	586	11	,	,	PUNCT
cblr-2902	586	12	the	the	PRON
cblr-2902	586	13	stronger	strong	ADJ
cblr-2902	586	14	the	the	DET
cblr-2902	586	15	hindsight	hindsight	ADJ
cblr-2902	586	16	bias	bias	NOUN
cblr-2902	586	17	.	.	PUNCT
cblr-2902	587	1	"c	"c	X
cblr-2902	587	2	'	'	PUNCT
cblr-2902	587	3	in	in	ADP
cblr-2902	587	4	the	the	DET
cblr-2902	587	5	fraudulent	fraudulent	ADJ
cblr-2902	587	6	transfer	transfer	NOUN
cblr-2902	587	7	context	context	NOUN
cblr-2902	587	8	,	,	PUNCT
cblr-2902	587	9	this	this	PRON
cblr-2902	587	10	suggests	suggest	VERB
cblr-2902	587	11	that	that	SCONJ
cblr-2902	587	12	the	the	PRON
cblr-2902	587	13	more	more	ADV
cblr-2902	587	14	severe	severe	ADJ
cblr-2902	587	15	the	the	DET
cblr-2902	587	16	losses	loss	NOUN
cblr-2902	587	17	-	-	PUNCT
cblr-2902	587	18	and	and	CCONJ
cblr-2902	587	19	therefore	therefore	ADV
cblr-2902	587	20	the	the	PRON
cblr-2902	587	21	higher	high	ADJ
cblr-2902	587	22	the	the	DET
cblr-2902	587	23	stakes	stake	NOUN
cblr-2902	587	24	of	of	ADP
cblr-2902	587	25	fraudulent	fraudulent	ADJ
cblr-2902	587	26	transfer	transfer	NOUN
cblr-2902	587	27	litigation	litigation	NOUN
cblr-2902	587	28	between	between	ADP
cblr-2902	587	29	secured	secure	VERB
cblr-2902	587	30	lenders	lender	NOUN
cblr-2902	587	31	and	and	CCONJ
cblr-2902	587	32	unsecured	unsecured	ADJ
cblr-2902	587	33	creditors	creditor	NOUN
cblr-2902	587	34	-	-	PUNCT
cblr-2902	587	35	the	the	PRON
cblr-2902	587	36	greater	great	ADJ
cblr-2902	587	37	the	the	DET
cblr-2902	587	38	danger	danger	NOUN
cblr-2902	587	39	of	of	ADP
cblr-2902	587	40	hindsight	hindsight	ADJ
cblr-2902	587	41	bias	bias	NOUN
cblr-2902	587	42	.	.	PUNCT
cblr-2902	588	1	1	1	X
cblr-2902	588	2	.	.	X
cblr-2902	588	3	studies	study	NOUN
cblr-2902	588	4	demonstrate	demonstrate	VERB
cblr-2902	588	5	that	that	SCONJ
cblr-2902	588	6	hindsight	hindsight	ADJ
cblr-2902	588	7	bias	bias	NOUN
cblr-2902	588	8	affects	affect	VERB
cblr-2902	588	9	judges	judge	NOUN
cblr-2902	588	10	there	there	PRON
cblr-2902	588	11	are	be	VERB
cblr-2902	588	12	strong	strong	ADJ
cblr-2902	588	13	reasons	reason	NOUN
cblr-2902	588	14	to	to	PART
cblr-2902	588	15	believe	believe	VERB
cblr-2902	588	16	that	that	SCONJ
cblr-2902	588	17	the	the	DET
cblr-2902	588	18	results	result	NOUN
cblr-2902	588	19	of	of	ADP
cblr-2902	588	20	these	these	DET
cblr-2902	588	21	controlled	control	VERB
cblr-2902	588	22	experiments	experiment	NOUN
cblr-2902	588	23	are	be	AUX
cblr-2902	588	24	applicable	applicable	ADJ
cblr-2902	588	25	to	to	ADP
cblr-2902	588	26	legal	legal	ADJ
cblr-2902	588	27	decision	decision	NOUN
cblr-2902	588	28	making	make	VERB
cblr-2902	588	29	in	in	ADP
cblr-2902	588	30	the	the	DET
cblr-2902	588	31	real	real	ADJ
cblr-2902	588	32	world	world	NOUN
cblr-2902	588	33	.	.	PUNCT
cblr-2902	589	1	several	several	ADJ
cblr-2902	589	2	studies	study	NOUN
cblr-2902	589	3	set	set	VERB
cblr-2902	589	4	in	in	ADP
cblr-2902	589	5	a	a	DET
cblr-2902	589	6	context	context	NOUN
cblr-2902	589	7	resembling	resemble	VERB
cblr-2902	589	8	the	the	DET
cblr-2902	589	9	circumstances	circumstance	NOUN
cblr-2902	589	10	of	of	ADP
cblr-2902	589	11	bankruptcy	bankruptcy	NOUN
cblr-2902	589	12	judges	judge	NOUN
cblr-2902	589	13	in	in	ADP
cblr-2902	589	14	fraudulent	fraudulent	ADJ
cblr-2902	589	15	transfer	transfer	NOUN
cblr-2902	589	16	cases	case	NOUN
cblr-2902	589	17	against	against	ADP
cblr-2902	589	18	lbo	lbo	PROPN
cblr-2902	589	19	lenders	lender	NOUN
cblr-2902	589	20	have	have	AUX
cblr-2902	589	21	found	find	VERB
cblr-2902	589	22	evidence	evidence	NOUN
cblr-2902	589	23	of	of	ADP
cblr-2902	589	24	hindsight	hindsight	ADJ
cblr-2902	589	25	bias	bias	NOUN
cblr-2902	589	26	.	.	PUNCT
cblr-2902	590	1	in	in	ADP
cblr-2902	590	2	one	one	NUM
cblr-2902	590	3	study	study	NOUN
cblr-2902	590	4	,	,	PUNCT
cblr-2902	590	5	193	193	NUM
cblr-2902	590	6	actual	actual	ADJ
cblr-2902	590	7	judges	judge	NOUN
cblr-2902	590	8	were	be	AUX
cblr-2902	590	9	divided	divide	VERB
cblr-2902	590	10	into	into	ADP
cblr-2902	590	11	foresight	foresight	NOUN
cblr-2902	590	12	and	and	CCONJ
cblr-2902	590	13	hindsight	hindsight	ADJ
cblr-2902	590	14	groups.0	groups.0	NOUN
cblr-2902	590	15	'	'	PUNCT
cblr-2902	590	16	the	the	DET
cblr-2902	590	17	judges	judge	NOUN
cblr-2902	590	18	in	in	ADP
cblr-2902	590	19	each	each	DET
cblr-2902	590	20	group	group	NOUN
cblr-2902	590	21	were	be	AUX
cblr-2902	590	22	not	not	PART
cblr-2902	590	23	aware	aware	ADJ
cblr-2902	590	24	of	of	ADP
cblr-2902	590	25	the	the	DET
cblr-2902	590	26	existence	existence	NOUN
cblr-2902	590	27	of	of	ADP
cblr-2902	590	28	the	the	DET
cblr-2902	590	29	other	other	ADJ
cblr-2902	590	30	group	group	NOUN
cblr-2902	590	31	.	.	PUNCT
cblr-2902	591	1	the	the	DET
cblr-2902	591	2	judges	judge	NOUN
cblr-2902	591	3	were	be	AUX
cblr-2902	591	4	presented	present	VERB
cblr-2902	591	5	with	with	ADP
cblr-2902	591	6	information	information	NOUN
cblr-2902	591	7	relevant	relevant	ADJ
cblr-2902	591	8	to	to	ADP
cblr-2902	591	9	a	a	DET
cblr-2902	591	10	determination	determination	NOUN
cblr-2902	591	11	under	under	ADP
cblr-2902	591	12	accounting	accounting	NOUN
cblr-2902	591	13	rules	rule	NOUN
cblr-2902	591	14	of	of	ADP
cblr-2902	591	15	whether	whether	SCONJ
cblr-2902	591	16	or	or	CCONJ
cblr-2902	591	17	not	not	PART
cblr-2902	591	18	a	a	DET
cblr-2902	591	19	merger	merger	NOUN
cblr-2902	591	20	target	target	NOUN
cblr-2902	591	21	should	should	AUX
cblr-2902	591	22	immediately	immediately	ADV
cblr-2902	591	23	book	book	VERB
cblr-2902	591	24	losses	loss	NOUN
cblr-2902	591	25	because	because	SCONJ
cblr-2902	591	26	its	its	PRON
cblr-2902	591	27	inventory	inventory	NOUN
cblr-2902	591	28	could	could	AUX
cblr-2902	591	29	become	become	VERB
cblr-2902	591	30	obsolete.108	obsolete.108	NOUN
cblr-2902	591	31	the	the	DET
cblr-2902	591	32	judges	judge	NOUN
cblr-2902	591	33	also	also	ADV
cblr-2902	591	34	learned	learn	VERB
cblr-2902	591	35	that	that	SCONJ
cblr-2902	591	36	an	an	DET
cblr-2902	591	37	auditing	auditing	NOUN
cblr-2902	591	38	firm	firm	NOUN
cblr-2902	591	39	retained	retain	VERB
cblr-2902	591	40	by	by	ADP
cblr-2902	591	41	the	the	DET
cblr-2902	591	42	target	target	NOUN
cblr-2902	591	43	recommended	recommend	VERB
cblr-2902	591	44	that	that	SCONJ
cblr-2902	591	45	it	it	PRON
cblr-2902	591	46	not	not	PART
cblr-2902	591	47	book	book	VERB
cblr-2902	591	48	the	the	DET
cblr-2902	591	49	losses.10	losses.10	ADJ
cblr-2902	591	50	the	the	DET
cblr-2902	591	51	judges	judge	NOUN
cblr-2902	591	52	in	in	ADP
cblr-2902	591	53	the	the	DET
cblr-2902	591	54	hindsight	hindsight	ADJ
cblr-2902	591	55	group	group	NOUN
cblr-2902	591	56	received	receive	VERB
cblr-2902	591	57	additional	additional	ADJ
cblr-2902	591	58	information	information	NOUN
cblr-2902	591	59	:	:	PUNCT
cblr-2902	591	60	they	they	PRON
cblr-2902	591	61	learned	learn	VERB
cblr-2902	591	62	that	that	SCONJ
cblr-2902	591	63	after	after	ADP
cblr-2902	591	64	the	the	DET
cblr-2902	591	65	audit	audit	NOUN
cblr-2902	591	66	opinion	opinion	NOUN
cblr-2902	591	67	,	,	PUNCT
cblr-2902	591	68	the	the	DET
cblr-2902	591	69	merger	merger	NOUN
cblr-2902	591	70	target	target	NOUN
cblr-2902	591	71	's	's	PART
cblr-2902	591	72	market	market	NOUN
cblr-2902	591	73	share	share	NOUN
cblr-2902	591	74	declined	decline	VERB
cblr-2902	591	75	,	,	PUNCT
cblr-2902	591	76	the	the	DET
cblr-2902	591	77	target	target	NOUN
cblr-2902	591	78	was	be	AUX
cblr-2902	591	79	forced	force	VERB
cblr-2902	591	80	to	to	PART
cblr-2902	591	81	book	book	VERB
cblr-2902	591	82	inventory	inventory	NOUN
cblr-2902	591	83	losses	loss	NOUN
cblr-2902	591	84	,	,	PUNCT
cblr-2902	591	85	and	and	CCONJ
cblr-2902	591	86	o	o	NOUN
cblr-2902	591	87	'	'	PUNCT
cblr-2902	591	88	for	for	ADP
cblr-2902	591	89	a	a	DET
cblr-2902	591	90	recent	recent	ADJ
cblr-2902	591	91	review	review	NOUN
cblr-2902	591	92	,	,	PUNCT
cblr-2902	591	93	see	see	VERB
cblr-2902	591	94	blank	blank	PROPN
cblr-2902	591	95	et	et	PROPN
cblr-2902	591	96	al	al	PROPN
cblr-2902	591	97	.	.	PROPN
cblr-2902	591	98	,	,	PUNCT
cblr-2902	591	99	supra	supra	PROPN
cblr-2902	591	100	note	note	PROPN
cblr-2902	591	101	100	100	NUM
cblr-2902	591	102	.	.	PUNCT
cblr-2902	592	1	for	for	ADP
cblr-2902	592	2	a	a	DET
cblr-2902	592	3	review	review	NOUN
cblr-2902	592	4	focusing	focus	VERB
cblr-2902	592	5	on	on	ADP
cblr-2902	592	6	hindsight	hindsight	ADJ
cblr-2902	592	7	bias	bias	NOUN
cblr-2902	592	8	in	in	ADP
cblr-2902	592	9	the	the	DET
cblr-2902	592	10	litigation	litigation	NOUN
cblr-2902	592	11	context	context	NOUN
cblr-2902	592	12	,	,	PUNCT
cblr-2902	592	13	see	see	VERB
cblr-2902	592	14	harley	harley	NOUN
cblr-2902	592	15	,	,	PUNCT
cblr-2902	592	16	supra	supra	PROPN
cblr-2902	592	17	note	note	NOUN
cblr-2902	592	18	101	101	NUM
cblr-2902	592	19	.	.	PUNCT
cblr-2902	593	1	1o	1o	NUM
cblr-2902	593	2	'	'	PART
cblr-2902	593	3	see	see	VERB
cblr-2902	593	4	harley	harley	NOUN
cblr-2902	593	5	,	,	PUNCT
cblr-2902	593	6	supra	supra	PROPN
cblr-2902	593	7	note	note	NOUN
cblr-2902	593	8	101	101	NUM
cblr-2902	593	9	,	,	PUNCT
cblr-2902	593	10	at	at	ADP
cblr-2902	593	11	51	51	NUM
cblr-2902	593	12	(	(	PUNCT
cblr-2902	593	13	"	"	PUNCT
cblr-2902	593	14	the	the	DET
cblr-2902	593	15	severity	severity	NOUN
cblr-2902	593	16	of	of	ADP
cblr-2902	593	17	a	a	DET
cblr-2902	593	18	negative	negative	ADJ
cblr-2902	593	19	outcome	outcome	NOUN
cblr-2902	593	20	can	can	AUX
cblr-2902	593	21	have	have	VERB
cblr-2902	593	22	dramatic	dramatic	ADJ
cblr-2902	593	23	effects	effect	NOUN
cblr-2902	593	24	on	on	ADP
cblr-2902	593	25	the	the	DET
cblr-2902	593	26	size	size	NOUN
cblr-2902	593	27	of	of	ADP
cblr-2902	593	28	hindsight	hindsight	ADJ
cblr-2902	593	29	bias	bias	NOUN
cblr-2902	593	30	,	,	PUNCT
cblr-2902	593	31	with	with	ADP
cblr-2902	593	32	larger	large	ADJ
cblr-2902	593	33	bias	bias	NOUN
cblr-2902	593	34	resulting	result	VERB
cblr-2902	593	35	from	from	ADP
cblr-2902	593	36	more	more	ADV
cblr-2902	593	37	severe	severe	ADJ
cblr-2902	593	38	negative	negative	ADJ
cblr-2902	593	39	outcomes	outcome	NOUN
cblr-2902	593	40	.	.	PUNCT
cblr-2902	593	41	"	"	PUNCT
cblr-2902	593	42	)	)	PUNCT
cblr-2902	593	43	.	.	PUNCT
cblr-2902	594	1	"	"	PUNCT
cblr-2902	594	2	see	see	VERB
cblr-2902	594	3	anderson	anderson	PROPN
cblr-2902	594	4	et	et	PROPN
cblr-2902	594	5	al	al	PROPN
cblr-2902	594	6	.	.	PROPN
cblr-2902	594	7	,	,	PUNCT
cblr-2902	594	8	supra	supra	PROPN
cblr-2902	594	9	note	note	PROPN
cblr-2902	594	10	103	103	NUM
cblr-2902	594	11	.	.	PUNCT
cblr-2902	595	1	'	'	NUM
cblr-2902	595	2	08	08	NUM
cblr-2902	596	1	i	i	PRON
cblr-2902	596	2	d.	d.	PROPN
cblr-2902	596	3	at	at	ADP
cblr-2902	596	4	25	25	NUM
cblr-2902	596	5	.	.	PUNCT
cblr-2902	597	1	1n	1n	NUM
cblr-2902	598	1	i	i	PRON
cblr-2902	598	2	d.	d.	PROPN
cblr-2902	598	3	no	no	INTJ
cblr-2902	598	4	.	.	PUNCT
cblr-2902	599	1	1:118	1:118	NUM
cblr-2902	599	2	]	]	X
cblr-2902	599	3	153	153	NUM
cblr-2902	599	4	columbia	columbia	PROPN
cblr-2902	599	5	business	business	NOUN
cblr-2902	599	6	law	law	PROPN
cblr-2902	599	7	review	review	VERB
cblr-2902	599	8	the	the	DET
cblr-2902	599	9	acquiring	acquire	VERB
cblr-2902	599	10	corporation	corporation	NOUN
cblr-2902	599	11	sued	sue	VERB
cblr-2902	599	12	the	the	DET
cblr-2902	599	13	auditor	auditor	NOUN
cblr-2902	599	14	based	base	VERB
cblr-2902	599	15	on	on	ADP
cblr-2902	599	16	its	its	PRON
cblr-2902	599	17	audit	audit	NOUN
cblr-2902	599	18	opinion	opinion	NOUN
cblr-2902	599	19	.	.	PUNCT
cblr-2902	600	1	"1o	"1o	NOUN
cblr-2902	600	2	both	both	DET
cblr-2902	600	3	groups	group	NOUN
cblr-2902	600	4	of	of	ADP
cblr-2902	600	5	judges	judge	NOUN
cblr-2902	600	6	read	read	VERB
cblr-2902	600	7	a	a	DET
cblr-2902	600	8	disclaimer	disclaimer	NOUN
cblr-2902	600	9	stating	state	VERB
cblr-2902	600	10	that	that	SCONJ
cblr-2902	600	11	they	they	PRON
cblr-2902	600	12	had	have	VERB
cblr-2902	600	13	all	all	PRON
cblr-2902	600	14	of	of	ADP
cblr-2902	600	15	the	the	DET
cblr-2902	600	16	information	information	NOUN
cblr-2902	600	17	that	that	PRON
cblr-2902	600	18	was	be	AUX
cblr-2902	600	19	available	available	ADJ
cblr-2902	600	20	to	to	ADP
cblr-2902	600	21	the	the	DET
cblr-2902	600	22	auditors	auditor	NOUN
cblr-2902	600	23	at	at	ADP
cblr-2902	600	24	the	the	DET
cblr-2902	600	25	time	time	NOUN
cblr-2902	600	26	of	of	ADP
cblr-2902	600	27	the	the	DET
cblr-2902	600	28	audit	audit	NOUN
cblr-2902	600	29	.	.	PUNCT
cblr-2902	601	1	"	"	PUNCT
cblr-2902	601	2	'	'	PUNCT
cblr-2902	601	3	finally	finally	ADV
cblr-2902	601	4	,	,	PUNCT
cblr-2902	601	5	both	both	DET
cblr-2902	601	6	groups	group	NOUN
cblr-2902	601	7	of	of	ADP
cblr-2902	601	8	judges	judge	NOUN
cblr-2902	601	9	were	be	AUX
cblr-2902	601	10	asked	ask	VERB
cblr-2902	601	11	to	to	PART
cblr-2902	601	12	evaluate	evaluate	VERB
cblr-2902	601	13	the	the	DET
cblr-2902	601	14	propriety	propriety	NOUN
cblr-2902	601	15	of	of	ADP
cblr-2902	601	16	the	the	DET
cblr-2902	601	17	auditing	auditing	NOUN
cblr-2902	601	18	firm	firm	NOUN
cblr-2902	601	19	's	's	PART
cblr-2902	601	20	decision	decision	NOUN
cblr-2902	601	21	not	not	PART
cblr-2902	601	22	to	to	PART
cblr-2902	601	23	recommend	recommend	VERB
cblr-2902	601	24	immediate	immediate	ADJ
cblr-2902	601	25	booking	booking	NOUN
cblr-2902	601	26	of	of	ADP
cblr-2902	601	27	losses.1	losses.1	NOUN
cblr-2902	601	28	12	12	NUM
cblr-2902	601	29	the	the	DET
cblr-2902	601	30	study	study	NOUN
cblr-2902	601	31	found	find	VERB
cblr-2902	601	32	significant	significant	ADJ
cblr-2902	601	33	hindsight	hindsight	ADJ
cblr-2902	601	34	bias	bias	NOUN
cblr-2902	601	35	among	among	ADP
cblr-2902	601	36	judges	judge	NOUN
cblr-2902	601	37	in	in	ADP
cblr-2902	601	38	the	the	DET
cblr-2902	601	39	hindsight	hindsight	ADJ
cblr-2902	601	40	group	group	NOUN
cblr-2902	601	41	:	:	PUNCT
cblr-2902	601	42	judges	judge	NOUN
cblr-2902	601	43	in	in	ADP
cblr-2902	601	44	the	the	DET
cblr-2902	601	45	hindsight	hindsight	ADJ
cblr-2902	601	46	group	group	NOUN
cblr-2902	601	47	were	be	AUX
cblr-2902	601	48	far	far	ADV
cblr-2902	601	49	more	more	ADV
cblr-2902	601	50	likely	likely	ADJ
cblr-2902	601	51	to	to	PART
cblr-2902	601	52	rate	rate	VERB
cblr-2902	601	53	the	the	DET
cblr-2902	601	54	auditor	auditor	NOUN
cblr-2902	601	55	's	's	PART
cblr-2902	601	56	decision	decision	NOUN
cblr-2902	601	57	as	as	ADP
cblr-2902	601	58	"	"	PUNCT
cblr-2902	601	59	inappropriate	inappropriate	ADJ
cblr-2902	601	60	.	.	PUNCT
cblr-2902	602	1	""3	""3	VERB
cblr-2902	602	2	in	in	ADP
cblr-2902	602	3	a	a	DET
cblr-2902	602	4	similar	similar	ADJ
cblr-2902	602	5	study	study	NOUN
cblr-2902	602	6	involving	involve	VERB
cblr-2902	602	7	96	96	NUM
cblr-2902	602	8	actual	actual	ADJ
cblr-2902	602	9	judges	judge	NOUN
cblr-2902	602	10	,	,	PUNCT
cblr-2902	602	11	judges	judge	NOUN
cblr-2902	602	12	in	in	ADP
cblr-2902	602	13	the	the	DET
cblr-2902	602	14	foresight	foresight	NOUN
cblr-2902	602	15	group	group	NOUN
cblr-2902	602	16	read	read	VERB
cblr-2902	602	17	detailed	detailed	ADJ
cblr-2902	602	18	information	information	NOUN
cblr-2902	602	19	about	about	ADP
cblr-2902	602	20	the	the	DET
cblr-2902	602	21	business	business	NOUN
cblr-2902	602	22	and	and	CCONJ
cblr-2902	602	23	financials	financial	NOUN
cblr-2902	602	24	of	of	ADP
cblr-2902	602	25	a	a	DET
cblr-2902	602	26	manufacturing	manufacture	VERB
cblr-2902	602	27	company	company	NOUN
cblr-2902	602	28	facing	face	VERB
cblr-2902	602	29	potential	potential	ADJ
cblr-2902	602	30	obsolescence	obsolescence	NOUN
cblr-2902	602	31	of	of	ADP
cblr-2902	602	32	its	its	PRON
cblr-2902	602	33	major	major	ADJ
cblr-2902	602	34	product	product	NOUN
cblr-2902	602	35	.	.	PUNCT
cblr-2902	603	1	"4	"4	NOUN
cblr-2902	603	2	the	the	DET
cblr-2902	603	3	judges	judge	NOUN
cblr-2902	603	4	learned	learn	VERB
cblr-2902	603	5	that	that	SCONJ
cblr-2902	603	6	a	a	DET
cblr-2902	603	7	retained	retain	VERB
cblr-2902	603	8	auditor	auditor	NOUN
cblr-2902	603	9	had	have	AUX
cblr-2902	603	10	opined	opine	VERB
cblr-2902	603	11	that	that	SCONJ
cblr-2902	603	12	the	the	DET
cblr-2902	603	13	company	company	NOUN
cblr-2902	603	14	would	would	AUX
cblr-2902	603	15	continue	continue	VERB
cblr-2902	603	16	as	as	ADP
cblr-2902	603	17	a	a	DET
cblr-2902	603	18	going	go	VERB
cblr-2902	603	19	concern	concern	NOUN
cblr-2902	603	20	for	for	ADP
cblr-2902	603	21	at	at	ADV
cblr-2902	603	22	least	least	ADV
cblr-2902	603	23	one	one	NUM
cblr-2902	603	24	additional	additional	ADJ
cblr-2902	603	25	year	year	NOUN
cblr-2902	603	26	.	.	PUNCT
cblr-2902	604	1	"5	"5	NOUN
cblr-2902	604	2	judges	judge	NOUN
cblr-2902	604	3	in	in	ADP
cblr-2902	604	4	the	the	DET
cblr-2902	604	5	hindsight	hindsight	ADJ
cblr-2902	604	6	group	group	NOUN
cblr-2902	604	7	received	receive	VERB
cblr-2902	604	8	the	the	DET
cblr-2902	604	9	same	same	ADJ
cblr-2902	604	10	information	information	NOUN
cblr-2902	604	11	but	but	CCONJ
cblr-2902	604	12	learned	learn	VERB
cblr-2902	604	13	that	that	SCONJ
cblr-2902	604	14	soon	soon	ADV
cblr-2902	604	15	after	after	ADP
cblr-2902	604	16	the	the	DET
cblr-2902	604	17	audit	audit	NOUN
cblr-2902	604	18	opinion	opinion	NOUN
cblr-2902	604	19	the	the	DET
cblr-2902	604	20	company	company	NOUN
cblr-2902	604	21	was	be	AUX
cblr-2902	604	22	forced	force	VERB
cblr-2902	604	23	to	to	PART
cblr-2902	604	24	take	take	VERB
cblr-2902	604	25	a	a	DET
cblr-2902	604	26	significant	significant	ADJ
cblr-2902	604	27	inventory	inventory	NOUN
cblr-2902	604	28	writen0	writen0	NOUN
cblr-2902	605	1	i	i	PRON
cblr-2902	605	2	d.	d.	PROPN
cblr-2902	605	3	at	at	ADP
cblr-2902	605	4	26	26	NUM
cblr-2902	605	5	.	.	PUNCT
cblr-2902	606	1	n	n	CCONJ
cblr-2902	606	2	'	'	PUNCT
cblr-2902	606	3	the	the	DET
cblr-2902	606	4	disclaimer	disclaimer	NOUN
cblr-2902	606	5	read	read	NOUN
cblr-2902	606	6	:	:	PUNCT
cblr-2902	606	7	"	"	PUNCT
cblr-2902	606	8	beyond	beyond	ADP
cblr-2902	606	9	the	the	DET
cblr-2902	606	10	background	background	NOUN
cblr-2902	606	11	information	information	NOUN
cblr-2902	606	12	summarized	summarize	VERB
cblr-2902	606	13	on	on	ADP
cblr-2902	606	14	the	the	DET
cblr-2902	606	15	previous	previous	ADJ
cblr-2902	606	16	page	page	NOUN
cblr-2902	606	17	(	(	PUNCT
cblr-2902	606	18	regarding	regard	VERB
cblr-2902	606	19	past	past	NOUN
cblr-2902	606	20	and	and	CCONJ
cblr-2902	606	21	current	current	ADJ
cblr-2902	606	22	operations	operation	NOUN
cblr-2902	606	23	and	and	CCONJ
cblr-2902	606	24	environment	environment	NOUN
cblr-2902	606	25	,	,	PUNCT
cblr-2902	606	26	up	up	ADP
cblr-2902	606	27	to	to	ADP
cblr-2902	606	28	and	and	CCONJ
cblr-2902	606	29	including	include	VERB
cblr-2902	606	30	1989	1989	NUM
cblr-2902	606	31	)	)	PUNCT
cblr-2902	606	32	,	,	PUNCT
cblr-2902	606	33	only	only	ADV
cblr-2902	606	34	the	the	DET
cblr-2902	606	35	additional	additional	ADJ
cblr-2902	606	36	information	information	NOUN
cblr-2902	606	37	provided	provide	VERB
cblr-2902	606	38	below	below	ADV
cblr-2902	606	39	was	be	AUX
cblr-2902	606	40	available	available	ADJ
cblr-2902	606	41	as	as	ADP
cblr-2902	606	42	a	a	DET
cblr-2902	606	43	basis	basis	NOUN
cblr-2902	606	44	for	for	ADP
cblr-2902	606	45	the	the	DET
cblr-2902	606	46	audit	audit	NOUN
cblr-2902	606	47	partner	partner	NOUN
cblr-2902	606	48	's	's	PART
cblr-2902	606	49	decision	decision	NOUN
cblr-2902	606	50	.	.	PUNCT
cblr-2902	607	1	please	please	INTJ
cblr-2902	607	2	remember	remember	VERB
cblr-2902	607	3	that	that	SCONJ
cblr-2902	607	4	this	this	DET
cblr-2902	607	5	background	background	NOUN
cblr-2902	607	6	and	and	CCONJ
cblr-2902	607	7	additional	additional	ADJ
cblr-2902	607	8	information	information	NOUN
cblr-2902	607	9	was	be	AUX
cblr-2902	607	10	all	all	DET
cblr-2902	607	11	the	the	DET
cblr-2902	607	12	pertinent	pertinent	ADJ
cblr-2902	607	13	information	information	NOUN
cblr-2902	607	14	the	the	DET
cblr-2902	607	15	audit	audit	NOUN
cblr-2902	607	16	partner	partner	NOUN
cblr-2902	607	17	had	have	AUX
cblr-2902	607	18	available	available	ADJ
cblr-2902	607	19	in	in	ADP
cblr-2902	607	20	early	early	ADJ
cblr-2902	607	21	1990	1990	NUM
cblr-2902	607	22	.	.	PUNCT
cblr-2902	607	23	"	"	PUNCT
cblr-2902	608	1	i	i	PRON
cblr-2902	608	2	d.	d.	PROPN
cblr-2902	608	3	at	at	ADP
cblr-2902	608	4	28	28	NUM
cblr-2902	608	5	(	(	PUNCT
cblr-2902	608	6	uppercase	uppercase	ADJ
cblr-2902	608	7	in	in	ADP
cblr-2902	608	8	original	original	ADJ
cblr-2902	608	9	)	)	PUNCT
cblr-2902	608	10	.	.	PUNCT
cblr-2902	609	1	112	112	NUM
cblr-2902	610	1	i	i	PRON
cblr-2902	610	2	d.	d.	PROPN
cblr-2902	610	3	at	at	ADP
cblr-2902	610	4	27	27	NUM
cblr-2902	610	5	.	.	PUNCT
cblr-2902	610	6	'	'	NUM
cblr-2902	610	7	13	13	NUM
cblr-2902	610	8	i	i	PRON
cblr-2902	610	9	d.	d.	PROPN
cblr-2902	610	10	at	at	ADP
cblr-2902	610	11	28	28	NUM
cblr-2902	610	12	-	-	SYM
cblr-2902	610	13	29	29	NUM
cblr-2902	610	14	.	.	PUNCT
cblr-2902	611	1	the	the	DET
cblr-2902	611	2	study	study	NOUN
cblr-2902	611	3	also	also	ADV
cblr-2902	611	4	included	include	VERB
cblr-2902	611	5	a	a	DET
cblr-2902	611	6	second	second	ADJ
cblr-2902	611	7	hindsight	hindsight	ADJ
cblr-2902	611	8	group	group	NOUN
cblr-2902	611	9	that	that	PRON
cblr-2902	611	10	learned	learn	VERB
cblr-2902	611	11	,	,	PUNCT
cblr-2902	611	12	contrary	contrary	ADV
cblr-2902	611	13	to	to	ADP
cblr-2902	611	14	the	the	DET
cblr-2902	611	15	first	first	ADJ
cblr-2902	611	16	hindsight	hindsight	ADJ
cblr-2902	611	17	group	group	NOUN
cblr-2902	611	18	,	,	PUNCT
cblr-2902	611	19	that	that	SCONJ
cblr-2902	611	20	the	the	DET
cblr-2902	611	21	merger	merger	NOUN
cblr-2902	611	22	target	target	NOUN
cblr-2902	611	23	's	's	PART
cblr-2902	611	24	profits	profit	NOUN
cblr-2902	611	25	increased	increase	VERB
cblr-2902	611	26	and	and	CCONJ
cblr-2902	611	27	that	that	SCONJ
cblr-2902	611	28	no	no	DET
cblr-2902	611	29	inventory	inventory	NOUN
cblr-2902	611	30	write	write	NOUN
cblr-2902	611	31	-	-	PUNCT
cblr-2902	611	32	down	down	NOUN
cblr-2902	611	33	ever	ever	ADV
cblr-2902	611	34	occurred	occur	VERB
cblr-2902	611	35	.	.	PUNCT
cblr-2902	612	1	i	i	PRON
cblr-2902	612	2	d.	d.	PROPN
cblr-2902	612	3	at	at	ADP
cblr-2902	612	4	26	26	NUM
cblr-2902	612	5	.	.	PUNCT
cblr-2902	613	1	while	while	SCONJ
cblr-2902	613	2	the	the	DET
cblr-2902	613	3	traditional	traditional	ADJ
cblr-2902	613	4	level	level	NOUN
cblr-2902	613	5	of	of	ADP
cblr-2902	613	6	statistical	statistical	ADJ
cblr-2902	613	7	significance	significance	NOUN
cblr-2902	613	8	was	be	AUX
cblr-2902	613	9	not	not	PART
cblr-2902	613	10	reached	reach	VERB
cblr-2902	613	11	,	,	PUNCT
cblr-2902	613	12	this	this	DET
cblr-2902	613	13	group	group	NOUN
cblr-2902	613	14	exhibited	exhibit	VERB
cblr-2902	613	15	hindsight	hindsight	ADJ
cblr-2902	613	16	bias	bias	NOUN
cblr-2902	613	17	in	in	ADP
cblr-2902	613	18	the	the	DET
cblr-2902	613	19	opposite	opposite	ADJ
cblr-2902	613	20	direction	direction	NOUN
cblr-2902	613	21	:	:	PUNCT
cblr-2902	613	22	judges	judge	NOUN
cblr-2902	613	23	who	who	PRON
cblr-2902	613	24	heard	hear	VERB
cblr-2902	613	25	the	the	DET
cblr-2902	613	26	"	"	PUNCT
cblr-2902	613	27	good	good	ADJ
cblr-2902	613	28	news	news	NOUN
cblr-2902	613	29	"	"	PUNCT
cblr-2902	613	30	rated	rate	VERB
cblr-2902	613	31	the	the	DET
cblr-2902	613	32	auditor	auditor	NOUN
cblr-2902	613	33	's	's	PART
cblr-2902	613	34	decision	decision	NOUN
cblr-2902	613	35	not	not	PART
cblr-2902	613	36	to	to	PART
cblr-2902	613	37	book	book	VERB
cblr-2902	613	38	inventory	inventory	NOUN
cblr-2902	613	39	losses	loss	NOUN
cblr-2902	613	40	as	as	ADP
cblr-2902	613	41	more	more	ADV
cblr-2902	613	42	appropriate	appropriate	ADJ
cblr-2902	613	43	than	than	SCONJ
cblr-2902	613	44	did	do	VERB
cblr-2902	613	45	judges	judge	NOUN
cblr-2902	613	46	in	in	ADP
cblr-2902	613	47	the	the	DET
cblr-2902	613	48	foresight	foresight	NOUN
cblr-2902	613	49	group	group	NOUN
cblr-2902	613	50	.	.	PUNCT
cblr-2902	614	1	i	i	PRON
cblr-2902	614	2	d.	d.	PROPN
cblr-2902	614	3	at	at	ADP
cblr-2902	614	4	28	28	NUM
cblr-2902	614	5	-	-	SYM
cblr-2902	614	6	29	29	NUM
cblr-2902	614	7	.	.	PUNCT
cblr-2902	615	1	"	"	PUNCT
cblr-2902	615	2	1	1	NUM
cblr-2902	615	3	jennings	jennings	PROPN
cblr-2902	615	4	et	et	PROPN
cblr-2902	615	5	al	al	PROPN
cblr-2902	615	6	.	.	PROPN
cblr-2902	615	7	,	,	PUNCT
cblr-2902	615	8	causality	causality	NOUN
cblr-2902	615	9	as	as	ADP
cblr-2902	615	10	an	an	DET
cblr-2902	615	11	influence	influence	NOUN
cblr-2902	615	12	on	on	ADP
cblr-2902	615	13	hindsight	hindsight	ADJ
cblr-2902	615	14	bias	bias	NOUN
cblr-2902	615	15	,	,	PUNCT
cblr-2902	615	16	supra	supra	PROPN
cblr-2902	615	17	note	note	PROPN
cblr-2902	615	18	100	100	NUM
cblr-2902	615	19	,	,	PUNCT
cblr-2902	615	20	at	at	ADP
cblr-2902	615	21	151	151	NUM
cblr-2902	615	22	,	,	PUNCT
cblr-2902	615	23	153	153	NUM
cblr-2902	615	24	,	,	PUNCT
cblr-2902	615	25	160	160	NUM
cblr-2902	615	26	.	.	PUNCT
cblr-2902	616	1	n1	n1	PROPN
cblr-2902	617	1	i	i	PRON
cblr-2902	617	2	d.	d.	PROPN
cblr-2902	617	3	at	at	ADP
cblr-2902	617	4	153	153	NUM
cblr-2902	617	5	.	.	PUNCT
cblr-2902	617	6	154	154	NUM
cblr-2902	618	1	[	[	X
cblr-2902	618	2	vol	vol	NOUN
cblr-2902	618	3	.	.	NOUN
cblr-2902	618	4	2011	2011	NUM
cblr-2902	618	5	down	down	ADV
cblr-2902	618	6	and	and	CCONJ
cblr-2902	618	7	was	be	AUX
cblr-2902	618	8	driven	drive	VERB
cblr-2902	618	9	into	into	ADP
cblr-2902	618	10	bankruptcy	bankruptcy	NOUN
cblr-2902	618	11	.	.	PUNCT
cblr-2902	619	1	1	1	NUM
cblr-2902	619	2	16	16	NUM
cblr-2902	619	3	finally	finally	ADV
cblr-2902	619	4	,	,	PUNCT
cblr-2902	619	5	both	both	DET
cblr-2902	619	6	groups	group	NOUN
cblr-2902	619	7	of	of	ADP
cblr-2902	619	8	judges	judge	NOUN
cblr-2902	619	9	were	be	AUX
cblr-2902	619	10	asked	ask	VERB
cblr-2902	619	11	to	to	PART
cblr-2902	619	12	evaluate	evaluate	VERB
cblr-2902	619	13	the	the	DET
cblr-2902	619	14	propriety	propriety	NOUN
cblr-2902	619	15	of	of	ADP
cblr-2902	619	16	the	the	DET
cblr-2902	619	17	auditing	auditing	NOUN
cblr-2902	619	18	firm	firm	NOUN
cblr-2902	619	19	's	's	PART
cblr-2902	619	20	opinion	opinion	NOUN
cblr-2902	619	21	.	.	PUNCT
cblr-2902	619	22	'	'	PUNCT
cblr-2902	620	1	the	the	DET
cblr-2902	620	2	study	study	NOUN
cblr-2902	620	3	found	find	VERB
cblr-2902	620	4	significant	significant	ADJ
cblr-2902	620	5	hindsight	hindsight	ADJ
cblr-2902	620	6	bias	bias	NOUN
cblr-2902	620	7	among	among	ADP
cblr-2902	620	8	judges	judge	NOUN
cblr-2902	620	9	in	in	ADP
cblr-2902	620	10	the	the	DET
cblr-2902	620	11	hindsight	hindsight	ADJ
cblr-2902	620	12	group	group	NOUN
cblr-2902	620	13	.	.	PUNCT
cblr-2902	621	1	"	"	PUNCT
cblr-2902	621	2	'	'	PUNCT
cblr-2902	621	3	while	while	SCONJ
cblr-2902	621	4	this	this	DET
cblr-2902	621	5	study	study	NOUN
cblr-2902	621	6	did	do	AUX
cblr-2902	621	7	find	find	VERB
cblr-2902	621	8	evidence	evidence	NOUN
cblr-2902	621	9	that	that	SCONJ
cblr-2902	621	10	more	more	ADV
cblr-2902	621	11	experienced	experienced	ADJ
cblr-2902	621	12	judges	judge	NOUN
cblr-2902	621	13	were	be	AUX
cblr-2902	621	14	less	less	ADV
cblr-2902	621	15	likely	likely	ADJ
cblr-2902	621	16	to	to	PART
cblr-2902	621	17	exhibit	exhibit	VERB
cblr-2902	621	18	hindsight	hindsight	ADJ
cblr-2902	621	19	bias	bias	NOUN
cblr-2902	621	20	in	in	ADP
cblr-2902	621	21	the	the	DET
cblr-2902	621	22	litigation	litigation	NOUN
cblr-2902	621	23	context	context	NOUN
cblr-2902	621	24	,	,	PUNCT
cblr-2902	621	25	there	there	PRON
cblr-2902	621	26	was	be	VERB
cblr-2902	621	27	no	no	DET
cblr-2902	621	28	evidence	evidence	NOUN
cblr-2902	621	29	that	that	SCONJ
cblr-2902	621	30	experience	experience	NOUN
cblr-2902	621	31	could	could	AUX
cblr-2902	621	32	entirely	entirely	ADV
cblr-2902	621	33	eliminate	eliminate	VERB
cblr-2902	621	34	hindsight	hindsight	ADJ
cblr-2902	621	35	bias	bias	NOUN
cblr-2902	621	36	in	in	ADP
cblr-2902	621	37	judges	judge	NOUN
cblr-2902	621	38	.	.	PUNCT
cblr-2902	622	1	"9	"9	VERB
cblr-2902	622	2	the	the	DET
cblr-2902	622	3	researchers	researcher	NOUN
cblr-2902	622	4	specifically	specifically	ADV
cblr-2902	622	5	noted	note	VERB
cblr-2902	622	6	that	that	SCONJ
cblr-2902	622	7	audit	audit	NOUN
cblr-2902	622	8	trails	trail	NOUN
cblr-2902	622	9	may	may	AUX
cblr-2902	622	10	be	be	AUX
cblr-2902	622	11	particularly	particularly	ADV
cblr-2902	622	12	conducive	conducive	ADJ
cblr-2902	622	13	to	to	ADP
cblr-2902	622	14	hindsight	hindsight	ADJ
cblr-2902	622	15	bias	bias	NOUN
cblr-2902	622	16	,	,	PUNCT
cblr-2902	622	17	because	because	SCONJ
cblr-2902	622	18	"	"	PUNCT
cblr-2902	622	19	evidence	evidence	NOUN
cblr-2902	622	20	can	can	AUX
cblr-2902	622	21	be	be	AUX
cblr-2902	622	22	reconstructed	reconstruct	VERB
cblr-2902	622	23	to	to	PART
cblr-2902	622	24	reveal	reveal	VERB
cblr-2902	622	25	arguable	arguable	ADJ
cblr-2902	622	26	deficiencies	deficiency	NOUN
cblr-2902	622	27	in	in	ADP
cblr-2902	622	28	audit	audit	NOUN
cblr-2902	622	29	procedures	procedure	NOUN
cblr-2902	622	30	and	and	CCONJ
cblr-2902	622	31	decisions	decision	NOUN
cblr-2902	622	32	.	.	PUNCT
cblr-2902	623	1	"120	"120	PROPN
cblr-2902	623	2	similarly	similarly	ADV
cblr-2902	623	3	,	,	PUNCT
cblr-2902	623	4	in	in	ADP
cblr-2902	623	5	the	the	DET
cblr-2902	623	6	fraudulent	fraudulent	ADJ
cblr-2902	623	7	transfer	transfer	NOUN
cblr-2902	623	8	context	context	NOUN
cblr-2902	623	9	,	,	PUNCT
cblr-2902	623	10	historical	historical	ADJ
cblr-2902	623	11	cash	cash	NOUN
cblr-2902	623	12	-	-	PUNCT
cblr-2902	623	13	flow	flow	NOUN
cblr-2902	623	14	analyses	analysis	NOUN
cblr-2902	623	15	can	can	AUX
cblr-2902	623	16	be	be	AUX
cblr-2902	623	17	picked	pick	VERB
cblr-2902	623	18	apart	apart	ADV
cblr-2902	623	19	years	year	NOUN
cblr-2902	623	20	later	later	ADV
cblr-2902	623	21	,	,	PUNCT
cblr-2902	623	22	providing	provide	VERB
cblr-2902	623	23	a	a	DET
cblr-2902	623	24	convenient	convenient	ADJ
cblr-2902	623	25	means	mean	NOUN
cblr-2902	623	26	to	to	PART
cblr-2902	623	27	reconstruct	reconstruct	VERB
cblr-2902	623	28	the	the	DET
cblr-2902	623	29	evidence	evidence	NOUN
cblr-2902	623	30	with	with	ADP
cblr-2902	623	31	the	the	DET
cblr-2902	623	32	benefit	benefit	NOUN
cblr-2902	623	33	of	of	ADP
cblr-2902	623	34	hindsight	hindsight	NOUN
cblr-2902	623	35	.	.	PUNCT
cblr-2902	624	1	116	116	NUM
cblr-2902	625	1	i	i	PRON
cblr-2902	625	2	d.	d.	PROPN
cblr-2902	625	3	at	at	ADP
cblr-2902	625	4	154	154	NUM
cblr-2902	625	5	-	-	SYM
cblr-2902	625	6	55	55	NUM
cblr-2902	625	7	.	.	PUNCT
cblr-2902	626	1	117	117	NUM
cblr-2902	626	2	i	i	PROPN
cblr-2902	626	3	d.	d.	PROPN
cblr-2902	626	4	at	at	ADP
cblr-2902	626	5	153	153	NUM
cblr-2902	626	6	.	.	PUNCT
cblr-2902	627	1	as	as	ADP
cblr-2902	627	2	in	in	ADP
cblr-2902	627	3	the	the	DET
cblr-2902	627	4	prior	prior	ADJ
cblr-2902	627	5	study	study	NOUN
cblr-2902	627	6	,	,	PUNCT
cblr-2902	627	7	both	both	DET
cblr-2902	627	8	groups	group	NOUN
cblr-2902	627	9	of	of	ADP
cblr-2902	627	10	judges	judge	NOUN
cblr-2902	627	11	read	read	VERB
cblr-2902	627	12	a	a	DET
cblr-2902	627	13	disclaimer	disclaimer	NOUN
cblr-2902	627	14	:	:	PUNCT
cblr-2902	627	15	"	"	PUNCT
cblr-2902	627	16	this	this	DET
cblr-2902	627	17	updated	update	VERB
cblr-2902	627	18	information	information	NOUN
cblr-2902	627	19	on	on	ADP
cblr-2902	627	20	the	the	DET
cblr-2902	627	21	audit	audit	NOUN
cblr-2902	627	22	client	client	NOUN
cblr-2902	627	23	,	,	PUNCT
cblr-2902	627	24	in	in	ADP
cblr-2902	627	25	addition	addition	NOUN
cblr-2902	627	26	to	to	ADP
cblr-2902	627	27	the	the	DET
cblr-2902	627	28	background	background	NOUN
cblr-2902	627	29	information	information	NOUN
cblr-2902	627	30	,	,	PUNCT
cblr-2902	627	31	represent	represent	VERB
cblr-2902	627	32	all	all	PRON
cblr-2902	627	33	of	of	ADP
cblr-2902	627	34	the	the	DET
cblr-2902	627	35	pertinent	pertinent	ADJ
cblr-2902	627	36	information	information	NOUN
cblr-2902	627	37	available	available	ADJ
cblr-2902	627	38	in	in	ADP
cblr-2902	627	39	early	early	ADJ
cblr-2902	627	40	1992	1992	NUM
cblr-2902	627	41	.	.	PUNCT
cblr-2902	627	42	"	"	PUNCT
cblr-2902	628	1	i	i	PRON
cblr-2902	628	2	d.	d.	PROPN
cblr-2902	628	3	at	at	ADP
cblr-2902	628	4	156	156	NUM
cblr-2902	628	5	(	(	PUNCT
cblr-2902	628	6	uppercase	uppercase	ADJ
cblr-2902	628	7	in	in	ADP
cblr-2902	628	8	original	original	ADJ
cblr-2902	628	9	)	)	PUNCT
cblr-2902	628	10	.	.	PUNCT
cblr-2902	629	1	later	later	ADV
cblr-2902	629	2	in	in	ADP
cblr-2902	629	3	the	the	DET
cblr-2902	629	4	study	study	NOUN
cblr-2902	629	5	,	,	PUNCT
cblr-2902	629	6	the	the	DET
cblr-2902	629	7	judges	judge	NOUN
cblr-2902	629	8	also	also	ADV
cblr-2902	629	9	read	read	VERB
cblr-2902	629	10	a	a	DET
cblr-2902	629	11	warning	warning	NOUN
cblr-2902	629	12	to	to	ADP
cblr-2902	629	13	"	"	PUNCT
cblr-2902	629	14	[	[	X
cblr-2902	629	15	alnswer	alnswer	NOUN
cblr-2902	629	16	the	the	DET
cblr-2902	629	17	following	follow	VERB
cblr-2902	629	18	questions	question	NOUN
cblr-2902	629	19	based	base	VERB
cblr-2902	629	20	on	on	ADP
cblr-2902	629	21	the	the	DET
cblr-2902	629	22	information	information	NOUN
cblr-2902	629	23	that	that	PRON
cblr-2902	629	24	was	be	AUX
cblr-2902	629	25	available	available	ADJ
cblr-2902	629	26	at	at	ADP
cblr-2902	629	27	the	the	DET
cblr-2902	629	28	time	time	NOUN
cblr-2902	629	29	of	of	ADP
cblr-2902	629	30	[	[	PUNCT
cblr-2902	629	31	the	the	DET
cblr-2902	629	32	public	public	ADJ
cblr-2902	629	33	accounting	accounting	NOUN
cblr-2902	629	34	firm	firm	NOUN
cblr-2902	629	35	]	]	PUNCT
cblr-2902	629	36	audit	audit	NOUN
cblr-2902	629	37	.	.	PUNCT
cblr-2902	629	38	"	"	PUNCT
cblr-2902	630	1	i	i	PRON
cblr-2902	630	2	d.	d.	PROPN
cblr-2902	630	3	at	at	ADP
cblr-2902	630	4	157	157	NUM
cblr-2902	630	5	.	.	PUNCT
cblr-2902	631	1	judges	judge	NOUN
cblr-2902	631	2	in	in	ADP
cblr-2902	631	3	the	the	DET
cblr-2902	631	4	hindsight	hindsight	ADJ
cblr-2902	631	5	group	group	NOUN
cblr-2902	631	6	read	read	VERB
cblr-2902	631	7	the	the	DET
cblr-2902	631	8	same	same	ADJ
cblr-2902	631	9	warning	warning	NOUN
cblr-2902	631	10	,	,	PUNCT
cblr-2902	631	11	except	except	SCONJ
cblr-2902	631	12	that	that	SCONJ
cblr-2902	631	13	it	it	PRON
cblr-2902	631	14	explicitly	explicitly	ADV
cblr-2902	631	15	cautioned	caution	VERB
cblr-2902	631	16	to	to	PART
cblr-2902	631	17	use	use	VERB
cblr-2902	631	18	the	the	DET
cblr-2902	631	19	information	information	NOUN
cblr-2902	631	20	available	available	ADJ
cblr-2902	631	21	at	at	ADP
cblr-2902	631	22	the	the	DET
cblr-2902	631	23	time	time	NOUN
cblr-2902	631	24	of	of	ADP
cblr-2902	631	25	audit	audit	NOUN
cblr-2902	631	26	,	,	PUNCT
cblr-2902	631	27	"	"	PUNCT
cblr-2902	631	28	before	before	SCONJ
cblr-2902	631	29	you	you	PRON
cblr-2902	631	30	were	be	AUX
cblr-2902	631	31	told	tell	VERB
cblr-2902	631	32	of	of	ADP
cblr-2902	631	33	the	the	DET
cblr-2902	631	34	audit	audit	NOUN
cblr-2902	631	35	client	client	NOUN
cblr-2902	631	36	's	's	PART
cblr-2902	631	37	bankruptcy	bankruptcy	NOUN
cblr-2902	631	38	.	.	PUNCT
cblr-2902	631	39	"	"	PUNCT
cblr-2902	632	1	i	i	PRON
cblr-2902	632	2	d.	d.	PROPN
cblr-2902	632	3	na	na	PROPN
cblr-2902	633	1	i	i	PROPN
cblr-2902	633	2	d.	d.	PROPN
cblr-2902	633	3	at	at	ADP
cblr-2902	633	4	159	159	NUM
cblr-2902	633	5	,	,	PUNCT
cblr-2902	633	6	161	161	NUM
cblr-2902	633	7	(	(	PUNCT
cblr-2902	633	8	discussing	discuss	VERB
cblr-2902	633	9	table	table	NOUN
cblr-2902	633	10	of	of	ADP
cblr-2902	633	11	results	result	NOUN
cblr-2902	633	12	at	at	ADP
cblr-2902	633	13	160	160	NUM
cblr-2902	633	14	)	)	PUNCT
cblr-2902	633	15	.	.	PUNCT
cblr-2902	634	1	in	in	ADP
cblr-2902	634	2	addition	addition	NOUN
cblr-2902	634	3	to	to	ADP
cblr-2902	634	4	having	have	VERB
cblr-2902	634	5	a	a	DET
cblr-2902	634	6	standard	standard	ADJ
cblr-2902	634	7	hindsight	hindsight	ADJ
cblr-2902	634	8	group	group	NOUN
cblr-2902	634	9	,	,	PUNCT
cblr-2902	634	10	the	the	DET
cblr-2902	634	11	study	study	NOUN
cblr-2902	634	12	also	also	ADV
cblr-2902	634	13	included	include	VERB
cblr-2902	634	14	some	some	DET
cblr-2902	634	15	judgesubjects	judgesubject	NOUN
cblr-2902	634	16	in	in	ADP
cblr-2902	634	17	an	an	DET
cblr-2902	634	18	"	"	PUNCT
cblr-2902	634	19	unforeseeable	unforeseeable	ADJ
cblr-2902	634	20	outcome	outcome	NOUN
cblr-2902	634	21	"	"	PUNCT
cblr-2902	634	22	group	group	NOUN
cblr-2902	634	23	.	.	PUNCT
cblr-2902	635	1	these	these	DET
cblr-2902	635	2	judges	judge	NOUN
cblr-2902	635	3	learned	learn	VERB
cblr-2902	635	4	the	the	DET
cblr-2902	635	5	negative	negative	ADJ
cblr-2902	635	6	outcome	outcome	NOUN
cblr-2902	635	7	but	but	CCONJ
cblr-2902	635	8	were	be	AUX
cblr-2902	635	9	informed	inform	VERB
cblr-2902	635	10	that	that	SCONJ
cblr-2902	635	11	the	the	DET
cblr-2902	635	12	bankruptcy	bankruptcy	NOUN
cblr-2902	635	13	was	be	AUX
cblr-2902	635	14	entirely	entirely	ADV
cblr-2902	635	15	due	due	ADJ
cblr-2902	635	16	to	to	ADP
cblr-2902	635	17	unforeseeable	unforeseeable	ADJ
cblr-2902	635	18	environmental	environmental	ADJ
cblr-2902	635	19	issues	issue	NOUN
cblr-2902	635	20	unrelated	unrelated	ADJ
cblr-2902	635	21	to	to	ADP
cblr-2902	635	22	the	the	DET
cblr-2902	635	23	audit	audit	NOUN
cblr-2902	635	24	opinion	opinion	NOUN
cblr-2902	635	25	;	;	PUNCT
cblr-2902	635	26	the	the	DET
cblr-2902	635	27	study	study	NOUN
cblr-2902	635	28	found	find	VERB
cblr-2902	635	29	no	no	DET
cblr-2902	635	30	hindsight	hindsight	ADJ
cblr-2902	635	31	bias	bias	NOUN
cblr-2902	635	32	in	in	ADP
cblr-2902	635	33	this	this	DET
cblr-2902	635	34	group	group	NOUN
cblr-2902	635	35	of	of	ADP
cblr-2902	635	36	judges	judge	NOUN
cblr-2902	635	37	.	.	PUNCT
cblr-2902	636	1	i	i	PRON
cblr-2902	636	2	d.	d.	PROPN
cblr-2902	636	3	at	at	ADP
cblr-2902	636	4	155	155	NUM
cblr-2902	636	5	,	,	PUNCT
cblr-2902	636	6	161	161	NUM
cblr-2902	636	7	.	.	PUNCT
cblr-2902	637	1	while	while	SCONJ
cblr-2902	637	2	this	this	DET
cblr-2902	637	3	result	result	NOUN
cblr-2902	637	4	is	be	AUX
cblr-2902	637	5	interesting	interesting	ADJ
cblr-2902	637	6	as	as	ADP
cblr-2902	637	7	a	a	DET
cblr-2902	637	8	theoretical	theoretical	ADJ
cblr-2902	637	9	matter	matter	NOUN
cblr-2902	637	10	,	,	PUNCT
cblr-2902	637	11	it	it	PRON
cblr-2902	637	12	has	have	AUX
cblr-2902	637	13	limited	limit	VERB
cblr-2902	637	14	practical	practical	ADJ
cblr-2902	637	15	significance	significance	NOUN
cblr-2902	637	16	.	.	PUNCT
cblr-2902	638	1	in	in	ADP
cblr-2902	638	2	the	the	DET
cblr-2902	638	3	real	real	ADJ
cblr-2902	638	4	world	world	NOUN
cblr-2902	638	5	,	,	PUNCT
cblr-2902	638	6	the	the	DET
cblr-2902	638	7	negative	negative	ADJ
cblr-2902	638	8	outcome	outcome	NOUN
cblr-2902	638	9	(	(	PUNCT
cblr-2902	638	10	bankruptcy	bankruptcy	NOUN
cblr-2902	638	11	)	)	PUNCT
cblr-2902	638	12	will	will	AUX
cblr-2902	638	13	always	always	ADV
cblr-2902	638	14	have	have	AUX
cblr-2902	638	15	been	be	AUX
cblr-2902	638	16	arguably	arguably	ADV
cblr-2902	638	17	foreseeable	foreseeable	ADJ
cblr-2902	638	18	.	.	PUNCT
cblr-2902	639	1	after	after	ADV
cblr-2902	639	2	all	all	ADV
cblr-2902	639	3	,	,	PUNCT
cblr-2902	639	4	if	if	SCONJ
cblr-2902	639	5	both	both	DET
cblr-2902	639	6	parties	party	NOUN
cblr-2902	639	7	agreed	agree	VERB
cblr-2902	639	8	that	that	SCONJ
cblr-2902	639	9	the	the	DET
cblr-2902	639	10	bankruptcy	bankruptcy	NOUN
cblr-2902	639	11	was	be	AUX
cblr-2902	639	12	entirely	entirely	ADV
cblr-2902	639	13	unforeseeable	unforeseeable	ADJ
cblr-2902	639	14	,	,	PUNCT
cblr-2902	639	15	the	the	DET
cblr-2902	639	16	litigation	litigation	NOUN
cblr-2902	639	17	would	would	AUX
cblr-2902	639	18	not	not	PART
cblr-2902	639	19	have	have	AUX
cblr-2902	639	20	been	be	AUX
cblr-2902	639	21	brought	bring	VERB
cblr-2902	639	22	.	.	PUNCT
cblr-2902	640	1	119	119	NUM
cblr-2902	641	1	i	i	PRON
cblr-2902	641	2	d.	d.	NOUN
cblr-2902	641	3	at	at	ADP
cblr-2902	641	4	161	161	NUM
cblr-2902	641	5	.	.	PUNCT
cblr-2902	642	1	120	120	NUM
cblr-2902	642	2	i	i	PRON
cblr-2902	642	3	d.	d.	PROPN
cblr-2902	642	4	at	at	ADP
cblr-2902	642	5	151	151	NUM
cblr-2902	642	6	.	.	PUNCT
cblr-2902	643	1	no	no	INTJ
cblr-2902	643	2	.	.	PUNCT
cblr-2902	644	1	i	i	PRON
cblr-2902	644	2	:	:	PUNCT
cblr-2902	644	3	118	118	NUM
cblr-2902	644	4	]	]	PUNCT
cblr-2902	644	5	leveraged	leveraged	ADJ
cblr-2902	644	6	buyout	buyout	NOUN
cblr-2902	644	7	bankruptcies	bankruptcy	NOUN
cblr-2902	644	8	155	155	NUM
cblr-2902	644	9	2	2	NUM
cblr-2902	644	10	.	.	PUNCT
cblr-2902	645	1	studies	study	NOUN
cblr-2902	645	2	show	show	VERB
cblr-2902	645	3	that	that	SCONJ
cblr-2902	645	4	current	current	ADJ
cblr-2902	645	5	legal	legal	ADJ
cblr-2902	645	6	safeguards	safeguard	NOUN
cblr-2902	645	7	against	against	ADP
cblr-2902	645	8	hindsight	hindsight	ADJ
cblr-2902	645	9	bias	bias	NOUN
cblr-2902	645	10	are	be	AUX
cblr-2902	645	11	ineffective	ineffective	ADJ
cblr-2902	645	12	in	in	ADP
cblr-2902	645	13	addition	addition	NOUN
cblr-2902	645	14	to	to	ADP
cblr-2902	645	15	demonstrating	demonstrate	VERB
cblr-2902	645	16	existence	existence	NOUN
cblr-2902	645	17	of	of	ADP
cblr-2902	645	18	hindsight	hindsight	ADJ
cblr-2902	645	19	bias	bias	NOUN
cblr-2902	645	20	,	,	PUNCT
cblr-2902	645	21	studies	study	NOUN
cblr-2902	645	22	also	also	ADV
cblr-2902	645	23	show	show	VERB
cblr-2902	645	24	that	that	SCONJ
cblr-2902	645	25	techniques	technique	NOUN
cblr-2902	645	26	currently	currently	ADV
cblr-2902	645	27	used	use	VERB
cblr-2902	645	28	by	by	ADP
cblr-2902	645	29	the	the	DET
cblr-2902	645	30	legal	legal	ADJ
cblr-2902	645	31	system	system	NOUN
cblr-2902	645	32	to	to	ADP
cblr-2902	645	33	"	"	PUNCT
cblr-2902	645	34	de	de	ADJ
cblr-2902	645	35	-	-	NOUN
cblr-2902	645	36	bias	bias	NOUN
cblr-2902	645	37	"	"	PUNCT
cblr-2902	645	38	judges	judge	NOUN
cblr-2902	645	39	and	and	CCONJ
cblr-2902	645	40	counter	counter	VERB
cblr-2902	645	41	the	the	DET
cblr-2902	645	42	effects	effect	NOUN
cblr-2902	645	43	of	of	ADP
cblr-2902	645	44	hindsight	hindsight	ADJ
cblr-2902	645	45	bias	bias	NOUN
cblr-2902	645	46	are	be	AUX
cblr-2902	645	47	largely	largely	ADV
cblr-2902	645	48	ineffective.12	ineffective.12	NOUN
cblr-2902	645	49	1	1	NUM
cblr-2902	645	50	instructions	instruction	NOUN
cblr-2902	645	51	to	to	PART
cblr-2902	645	52	act	act	VERB
cblr-2902	645	53	without	without	ADP
cblr-2902	645	54	hindsight	hindsight	ADJ
cblr-2902	645	55	,	,	PUNCT
cblr-2902	645	56	such	such	ADJ
cblr-2902	645	57	as	as	ADP
cblr-2902	645	58	those	those	PRON
cblr-2902	645	59	within	within	ADP
cblr-2902	645	60	the	the	DET
cblr-2902	645	61	fraudulent	fraudulent	ADJ
cblr-2902	645	62	transfer	transfer	NOUN
cblr-2902	645	63	case	case	NOUN
cblr-2902	645	64	law	law	NOUN
cblr-2902	645	65	,	,	PUNCT
cblr-2902	645	66	do	do	AUX
cblr-2902	645	67	not	not	PART
cblr-2902	645	68	reduce	reduce	VERB
cblr-2902	645	69	hindsight	hindsight	ADJ
cblr-2902	645	70	bias	bias	NOUN
cblr-2902	645	71	.	.	PUNCT
cblr-2902	645	72	'2	'2	PROPN
cblr-2902	645	73	2	2	NUM
cblr-2902	645	74	review	review	NOUN
cblr-2902	645	75	of	of	ADP
cblr-2902	645	76	an	an	DET
cblr-2902	645	77	evaluator	evaluator	NOUN
cblr-2902	645	78	's	's	PART
cblr-2902	645	79	decision	decision	NOUN
cblr-2902	645	80	by	by	ADP
cblr-2902	645	81	a	a	DET
cblr-2902	645	82	higher	high	ADJ
cblr-2902	645	83	authority	authority	NOUN
cblr-2902	645	84	,	,	PUNCT
cblr-2902	645	85	a	a	DET
cblr-2902	645	86	mechanism	mechanism	NOUN
cblr-2902	645	87	analogous	analogous	ADJ
cblr-2902	645	88	to	to	ADP
cblr-2902	645	89	judicial	judicial	ADJ
cblr-2902	645	90	review	review	NOUN
cblr-2902	645	91	,	,	PUNCT
cblr-2902	645	92	also	also	ADV
cblr-2902	645	93	does	do	AUX
cblr-2902	645	94	not	not	PART
cblr-2902	645	95	reduce	reduce	VERB
cblr-2902	645	96	hindsight	hindsight	ADJ
cblr-2902	645	97	bias	bias	NOUN
cblr-2902	645	98	because	because	SCONJ
cblr-2902	645	99	of	of	ADP
cblr-2902	645	100	deference	deference	NOUN
cblr-2902	645	101	to	to	ADP
cblr-2902	645	102	the	the	DET
cblr-2902	645	103	first	first	ADJ
cblr-2902	645	104	evaluator	evaluator	NOUN
cblr-2902	645	105	's	's	PART
cblr-2902	645	106	conclusions	conclusion	NOUN
cblr-2902	645	107	.	.	PUNCT
cblr-2902	646	1	2	2	NUM
cblr-2902	646	2	3	3	NUM
cblr-2902	646	3	the	the	DET
cblr-2902	646	4	tendency	tendency	NOUN
cblr-2902	646	5	to	to	PART
cblr-2902	646	6	defer	defer	VERB
cblr-2902	646	7	to	to	ADP
cblr-2902	646	8	a	a	DET
cblr-2902	646	9	prior	prior	ADJ
cblr-2902	646	10	evaluator	evaluator	NOUN
cblr-2902	646	11	,	,	PUNCT
cblr-2902	646	12	however	however	ADV
cblr-2902	646	13	,	,	PUNCT
cblr-2902	646	14	suggests	suggest	VERB
cblr-2902	646	15	a	a	DET
cblr-2902	646	16	potential	potential	ADJ
cblr-2902	646	17	route	route	NOUN
cblr-2902	646	18	for	for	ADP
cblr-2902	646	19	reducing	reduce	VERB
cblr-2902	646	20	hindsight	hindsight	NOUN
cblr-2902	646	21	.	.	PUNCT
cblr-2902	647	1	if	if	SCONJ
cblr-2902	647	2	bankruptcy	bankruptcy	NOUN
cblr-2902	647	3	judges	judge	NOUN
cblr-2902	647	4	,	,	PUNCT
cblr-2902	647	5	instead	instead	ADV
cblr-2902	647	6	of	of	ADP
cblr-2902	647	7	acting	act	VERB
cblr-2902	647	8	as	as	ADP
cblr-2902	647	9	first	first	ADJ
cblr-2902	647	10	-	-	PUNCT
cblr-2902	647	11	time	time	NOUN
cblr-2902	647	12	evaluators	evaluator	NOUN
cblr-2902	647	13	,	,	PUNCT
cblr-2902	647	14	121	121	NUM
cblr-2902	647	15	see	see	VERB
cblr-2902	647	16	generally	generally	ADV
cblr-2902	647	17	stallard	stallard	PROPN
cblr-2902	647	18	&	&	CCONJ
cblr-2902	647	19	worthington	worthington	PROPN
cblr-2902	647	20	,	,	PUNCT
cblr-2902	647	21	supra	supra	PROPN
cblr-2902	647	22	note	note	PROPN
cblr-2902	647	23	103	103	NUM
cblr-2902	647	24	,	,	PUNCT
cblr-2902	647	25	at	at	ADP
cblr-2902	647	26	673	673	NUM
cblr-2902	647	27	(	(	PUNCT
cblr-2902	647	28	summarizing	summarize	VERB
cblr-2902	647	29	failed	fail	VERB
cblr-2902	647	30	experimental	experimental	ADJ
cblr-2902	647	31	attempts	attempt	NOUN
cblr-2902	647	32	to	to	PART
cblr-2902	647	33	reduce	reduce	VERB
cblr-2902	647	34	hindsight	hindsight	ADJ
cblr-2902	647	35	bias	bias	NOUN
cblr-2902	647	36	)	)	PUNCT
cblr-2902	647	37	.	.	PUNCT
cblr-2902	648	1	anderson	anderson	PROPN
cblr-2902	648	2	et	et	PROPN
cblr-2902	648	3	al	al	PROPN
cblr-2902	648	4	.	.	PROPN
cblr-2902	648	5	found	find	VERB
cblr-2902	648	6	some	some	DET
cblr-2902	648	7	evidence	evidence	NOUN
cblr-2902	648	8	that	that	SCONJ
cblr-2902	648	9	forcing	force	VERB
cblr-2902	648	10	judges	judge	NOUN
cblr-2902	648	11	to	to	PART
cblr-2902	648	12	enumerate	enumerate	VERB
cblr-2902	648	13	the	the	DET
cblr-2902	648	14	different	different	ADJ
cblr-2902	648	15	interest	interest	NOUN
cblr-2902	648	16	groups	group	NOUN
cblr-2902	648	17	,	,	PUNCT
cblr-2902	648	18	such	such	ADJ
cblr-2902	648	19	as	as	ADP
cblr-2902	648	20	shareholders	shareholder	NOUN
cblr-2902	648	21	,	,	PUNCT
cblr-2902	648	22	that	that	SCONJ
cblr-2902	648	23	an	an	DET
cblr-2902	648	24	auditor	auditor	NOUN
cblr-2902	648	25	must	must	AUX
cblr-2902	648	26	serve	serve	VERB
cblr-2902	648	27	when	when	SCONJ
cblr-2902	648	28	issuing	issue	VERB
cblr-2902	648	29	a	a	DET
cblr-2902	648	30	contemporaneous	contemporaneous	ADJ
cblr-2902	648	31	opinion	opinion	NOUN
cblr-2902	648	32	mitigated	mitigate	VERB
cblr-2902	648	33	hindsight	hindsight	ADJ
cblr-2902	648	34	bias	bias	NOUN
cblr-2902	648	35	.	.	PUNCT
cblr-2902	649	1	anderson	anderson	PROPN
cblr-2902	649	2	et	et	PROPN
cblr-2902	649	3	al	al	PROPN
cblr-2902	649	4	.	.	PROPN
cblr-2902	649	5	,	,	PUNCT
cblr-2902	649	6	supra	supra	PROPN
cblr-2902	649	7	note	note	PROPN
cblr-2902	649	8	103	103	NUM
cblr-2902	649	9	,	,	PUNCT
cblr-2902	649	10	at	at	ADP
cblr-2902	649	11	30	30	NUM
cblr-2902	649	12	.	.	PUNCT
cblr-2902	650	1	however	however	ADV
cblr-2902	650	2	,	,	PUNCT
cblr-2902	650	3	there	there	PRON
cblr-2902	650	4	is	be	VERB
cblr-2902	650	5	reason	reason	NOUN
cblr-2902	650	6	to	to	PART
cblr-2902	650	7	believe	believe	VERB
cblr-2902	650	8	that	that	SCONJ
cblr-2902	650	9	this	this	DET
cblr-2902	650	10	de	de	ADJ
cblr-2902	650	11	-	-	ADJ
cblr-2902	650	12	biasing	biasing	ADJ
cblr-2902	650	13	method	method	NOUN
cblr-2902	650	14	is	be	AUX
cblr-2902	650	15	unique	unique	ADJ
cblr-2902	650	16	to	to	ADP
cblr-2902	650	17	the	the	DET
cblr-2902	650	18	audit	audit	NOUN
cblr-2902	650	19	opinion	opinion	NOUN
cblr-2902	650	20	context	context	NOUN
cblr-2902	650	21	.	.	PUNCT
cblr-2902	651	1	a	a	DET
cblr-2902	651	2	negative	negative	ADJ
cblr-2902	651	3	audit	audit	NOUN
cblr-2902	651	4	opinion	opinion	NOUN
cblr-2902	651	5	is	be	AUX
cblr-2902	651	6	a	a	DET
cblr-2902	651	7	red	red	ADJ
cblr-2902	651	8	flag	flag	NOUN
cblr-2902	651	9	with	with	ADP
cblr-2902	651	10	immediate	immediate	ADJ
cblr-2902	651	11	accounting	accounting	NOUN
cblr-2902	651	12	effects	effect	NOUN
cblr-2902	651	13	that	that	PRON
cblr-2902	651	14	will	will	AUX
cblr-2902	651	15	have	have	VERB
cblr-2902	651	16	a	a	DET
cblr-2902	651	17	direct	direct	ADJ
cblr-2902	651	18	and	and	CCONJ
cblr-2902	651	19	immediate	immediate	ADJ
cblr-2902	651	20	impact	impact	NOUN
cblr-2902	651	21	on	on	ADP
cblr-2902	651	22	the	the	DET
cblr-2902	651	23	company	company	NOUN
cblr-2902	651	24	and	and	CCONJ
cblr-2902	651	25	its	its	PRON
cblr-2902	651	26	shareholders	shareholder	NOUN
cblr-2902	651	27	.	.	PUNCT
cblr-2902	652	1	in	in	ADP
cblr-2902	652	2	contrast	contrast	NOUN
cblr-2902	652	3	,	,	PUNCT
cblr-2902	652	4	a	a	DET
cblr-2902	652	5	conveyance	conveyance	NOUN
cblr-2902	652	6	later	later	ADV
cblr-2902	652	7	challenged	challenge	VERB
cblr-2902	652	8	as	as	ADP
cblr-2902	652	9	fraudulent	fraudulent	ADJ
cblr-2902	652	10	is	be	AUX
cblr-2902	652	11	a	a	DET
cblr-2902	652	12	simple	simple	ADJ
cblr-2902	652	13	market	market	NOUN
cblr-2902	652	14	transaction	transaction	NOUN
cblr-2902	652	15	whose	whose	DET
cblr-2902	652	16	consummation	consummation	NOUN
cblr-2902	652	17	-	-	PUNCT
cblr-2902	652	18	or	or	CCONJ
cblr-2902	652	19	lack	lack	NOUN
cblr-2902	652	20	thereofwould	thereofwould	AUX
cblr-2902	652	21	ordinarily	ordinarily	ADV
cblr-2902	652	22	not	not	PART
cblr-2902	652	23	be	be	AUX
cblr-2902	652	24	noticed	notice	VERB
cblr-2902	652	25	contemporaneously	contemporaneously	ADV
cblr-2902	652	26	,	,	PUNCT
cblr-2902	652	27	thereby	thereby	ADV
cblr-2902	652	28	dampening	dampen	VERB
cblr-2902	652	29	the	the	DET
cblr-2902	652	30	relevance	relevance	NOUN
cblr-2902	652	31	of	of	ADP
cblr-2902	652	32	other	other	ADJ
cblr-2902	652	33	"	"	PUNCT
cblr-2902	652	34	stakeholders	stakeholder	NOUN
cblr-2902	652	35	.	.	PUNCT
cblr-2902	652	36	"	"	PUNCT
cblr-2902	653	1	moreover	moreover	ADV
cblr-2902	653	2	,	,	PUNCT
cblr-2902	653	3	anderson	anderson	PROPN
cblr-2902	653	4	et	et	PROPN
cblr-2902	653	5	al	al	PROPN
cblr-2902	653	6	.	.	PUNCT
cblr-2902	654	1	themselves	themselves	PRON
cblr-2902	654	2	found	find	VERB
cblr-2902	654	3	that	that	SCONJ
cblr-2902	654	4	directing	direct	VERB
cblr-2902	654	5	judge	judge	NOUN
cblr-2902	654	6	-	-	PUNCT
cblr-2902	654	7	subjects	subject	NOUN
cblr-2902	654	8	'	'	PART
cblr-2902	654	9	attention	attention	NOUN
cblr-2902	654	10	to	to	ADP
cblr-2902	654	11	possible	possible	ADJ
cblr-2902	654	12	outcomes	outcome	NOUN
cblr-2902	654	13	other	other	ADJ
cblr-2902	654	14	than	than	ADP
cblr-2902	654	15	the	the	DET
cblr-2902	654	16	actual	actual	ADJ
cblr-2902	654	17	outcome	outcome	NOUN
cblr-2902	654	18	(	(	PUNCT
cblr-2902	654	19	bankruptcy	bankruptcy	NOUN
cblr-2902	654	20	)	)	PUNCT
cblr-2902	654	21	completely	completely	ADV
cblr-2902	654	22	failed	fail	VERB
cblr-2902	654	23	to	to	PART
cblr-2902	654	24	mitigate	mitigate	VERB
cblr-2902	654	25	hindsight	hindsight	ADJ
cblr-2902	654	26	bias	bias	NOUN
cblr-2902	654	27	.	.	PUNCT
cblr-2902	655	1	i	i	PRON
cblr-2902	655	2	d.	d.	PROPN
cblr-2902	655	3	at	at	ADP
cblr-2902	655	4	28	28	NUM
cblr-2902	655	5	-	-	SYM
cblr-2902	655	6	30	30	NUM
cblr-2902	655	7	.	.	PUNCT
cblr-2902	655	8	122	122	NUM
cblr-2902	655	9	see	see	VERB
cblr-2902	655	10	generally	generally	ADV
cblr-2902	655	11	stallard	stallard	PROPN
cblr-2902	655	12	&	&	CCONJ
cblr-2902	655	13	worthington	worthington	PROPN
cblr-2902	655	14	,	,	PUNCT
cblr-2902	655	15	supra	supra	PROPN
cblr-2902	655	16	note	note	PROPN
cblr-2902	655	17	103	103	NUM
cblr-2902	655	18	,	,	PUNCT
cblr-2902	655	19	at	at	ADP
cblr-2902	655	20	673	673	NUM
cblr-2902	655	21	(	(	PUNCT
cblr-2902	655	22	jury	jury	NOUN
cblr-2902	655	23	instructions	instruction	NOUN
cblr-2902	655	24	warning	warn	VERB
cblr-2902	655	25	against	against	ADP
cblr-2902	655	26	the	the	DET
cblr-2902	655	27	use	use	NOUN
cblr-2902	655	28	of	of	ADP
cblr-2902	655	29	hindsight	hindsight	ADJ
cblr-2902	655	30	proved	prove	VERB
cblr-2902	655	31	ineffective	ineffective	ADJ
cblr-2902	655	32	)	)	PUNCT
cblr-2902	655	33	;	;	PUNCT
cblr-2902	655	34	see	see	VERB
cblr-2902	655	35	also	also	ADV
cblr-2902	655	36	jennings	jennings	PROPN
cblr-2902	655	37	et	et	PROPN
cblr-2902	655	38	al	al	PROPN
cblr-2902	655	39	.	.	PROPN
cblr-2902	655	40	,	,	PUNCT
cblr-2902	655	41	supra	supra	PROPN
cblr-2902	655	42	note	note	PROPN
cblr-2902	655	43	100	100	NUM
cblr-2902	655	44	,	,	PUNCT
cblr-2902	655	45	at	at	ADP
cblr-2902	655	46	156	156	NUM
cblr-2902	655	47	-	-	SYM
cblr-2902	655	48	57	57	NUM
cblr-2902	655	49	(	(	PUNCT
cblr-2902	655	50	judge	judge	NOUN
cblr-2902	655	51	-	-	PUNCT
cblr-2902	655	52	subjects	subject	NOUN
cblr-2902	655	53	showed	show	VERB
cblr-2902	655	54	hindsight	hindsight	ADJ
cblr-2902	655	55	bias	bias	NOUN
cblr-2902	655	56	despite	despite	SCONJ
cblr-2902	655	57	being	be	AUX
cblr-2902	655	58	instructed	instruct	VERB
cblr-2902	655	59	that	that	SCONJ
cblr-2902	655	60	the	the	DET
cblr-2902	655	61	pre	pre	ADJ
cblr-2902	655	62	-	-	ADJ
cblr-2902	655	63	outcome	outcome	ADJ
cblr-2902	655	64	information	information	NOUN
cblr-2902	655	65	represented	represent	VERB
cblr-2902	655	66	"	"	PUNCT
cblr-2902	655	67	all	all	PRON
cblr-2902	655	68	of	of	ADP
cblr-2902	655	69	the	the	DET
cblr-2902	655	70	pertinent	pertinent	ADJ
cblr-2902	655	71	information	information	NOUN
cblr-2902	655	72	available	available	ADJ
cblr-2902	655	73	"	"	PUNCT
cblr-2902	655	74	to	to	ADP
cblr-2902	655	75	the	the	DET
cblr-2902	655	76	auditors	auditor	NOUN
cblr-2902	655	77	)	)	PUNCT
cblr-2902	655	78	;	;	PUNCT
cblr-2902	655	79	anderson	anderson	PROPN
cblr-2902	655	80	et	et	PROPN
cblr-2902	655	81	al	al	PROPN
cblr-2902	655	82	.	.	PROPN
cblr-2902	655	83	,	,	PUNCT
cblr-2902	655	84	supra	supra	PROPN
cblr-2902	655	85	note	note	PROPN
cblr-2902	655	86	103	103	NUM
cblr-2902	655	87	,	,	PUNCT
cblr-2902	655	88	at	at	ADP
cblr-2902	655	89	28	28	NUM
cblr-2902	655	90	(	(	PUNCT
cblr-2902	655	91	employing	employ	VERB
cblr-2902	655	92	similar	similar	ADJ
cblr-2902	655	93	instructions	instruction	NOUN
cblr-2902	655	94	and	and	CCONJ
cblr-2902	655	95	nevertheless	nevertheless	ADV
cblr-2902	655	96	finding	find	VERB
cblr-2902	655	97	hindsight	hindsight	ADJ
cblr-2902	655	98	bias	bias	NOUN
cblr-2902	655	99	)	)	PUNCT
cblr-2902	655	100	.	.	PUNCT
cblr-2902	656	1	but	but	CCONJ
cblr-2902	656	2	see	see	VERB
cblr-2902	656	3	stallard	stallard	PROPN
cblr-2902	656	4	&	&	CCONJ
cblr-2902	656	5	worthington	worthington	PROPN
cblr-2902	656	6	,	,	PUNCT
cblr-2902	656	7	supra	supra	PROPN
cblr-2902	656	8	note	note	PROPN
cblr-2902	656	9	103	103	NUM
cblr-2902	656	10	(	(	PUNCT
cblr-2902	656	11	reporting	report	VERB
cblr-2902	656	12	some	some	DET
cblr-2902	656	13	success	success	NOUN
cblr-2902	656	14	in	in	ADP
cblr-2902	656	15	mitigating	mitigate	VERB
cblr-2902	656	16	hindsight	hindsight	ADJ
cblr-2902	656	17	bias	bias	NOUN
cblr-2902	656	18	through	through	ADP
cblr-2902	656	19	the	the	DET
cblr-2902	656	20	use	use	NOUN
cblr-2902	656	21	of	of	ADP
cblr-2902	656	22	warning	warning	NOUN
cblr-2902	656	23	instructions	instruction	NOUN
cblr-2902	656	24	)	)	PUNCT
cblr-2902	656	25	.	.	PUNCT
cblr-2902	657	1	123	123	NUM
cblr-2902	657	2	see	see	VERB
cblr-2902	657	3	hoffrage	hoffrage	NOUN
cblr-2902	657	4	&	&	CCONJ
cblr-2902	657	5	pohl	pohl	PROPN
cblr-2902	657	6	,	,	PUNCT
cblr-2902	657	7	supra	supra	PROPN
cblr-2902	657	8	note	note	PROPN
cblr-2902	657	9	100	100	NUM
cblr-2902	657	10	,	,	PUNCT
cblr-2902	657	11	at	at	ADP
cblr-2902	657	12	331	331	NUM
cblr-2902	657	13	.	.	PUNCT
cblr-2902	658	1	[	[	X
cblr-2902	658	2	vol	vol	NOUN
cblr-2902	658	3	.	.	PUNCT
cblr-2902	659	1	2011156	2011156	NUM
cblr-2902	659	2	col	col	PROPN
cblr-2902	659	3	umbfia	umbfia	PROPN
cblr-2902	659	4	b	b	PROPN
cblr-2902	659	5	usiness	usiness	PROPN
cblr-2902	659	6	la	la	PROPN
cblr-2902	659	7	w	w	PROPN
cblr-2902	659	8	re	re	PROPN
cblr-2902	659	9	vie	vie	PROPN
cblr-2902	659	10	w	w	PROPN
cblr-2902	659	11	served	serve	VERB
cblr-2902	659	12	as	as	ADP
cblr-2902	659	13	higher	high	ADJ
cblr-2902	659	14	-	-	PUNCT
cblr-2902	659	15	level	level	NOUN
cblr-2902	659	16	evaluators	evaluator	NOUN
cblr-2902	659	17	deferentially	deferentially	ADV
cblr-2902	659	18	reviewing	review	VERB
cblr-2902	659	19	the	the	DET
cblr-2902	659	20	opinions	opinion	NOUN
cblr-2902	659	21	of	of	ADP
cblr-2902	659	22	contemporaneous	contemporaneous	ADJ
cblr-2902	659	23	decision	decision	NOUN
cblr-2902	659	24	makers	maker	NOUN
cblr-2902	659	25	who	who	PRON
cblr-2902	659	26	lack	lack	VERB
cblr-2902	659	27	information	information	NOUN
cblr-2902	659	28	about	about	ADP
cblr-2902	659	29	outcomes	outcome	NOUN
cblr-2902	659	30	,	,	PUNCT
cblr-2902	659	31	like	like	ADP
cblr-2902	659	32	the	the	DET
cblr-2902	659	33	foresight	foresight	NOUN
cblr-2902	659	34	group	group	NOUN
cblr-2902	659	35	in	in	ADP
cblr-2902	659	36	the	the	DET
cblr-2902	659	37	reported	report	VERB
cblr-2902	659	38	studies	study	NOUN
cblr-2902	659	39	,	,	PUNCT
cblr-2902	659	40	then	then	ADV
cblr-2902	659	41	hindsight	hindsight	ADJ
cblr-2902	659	42	bias	bias	NOUN
cblr-2902	659	43	may	may	AUX
cblr-2902	659	44	be	be	AUX
cblr-2902	659	45	reduced	reduce	VERB
cblr-2902	659	46	or	or	CCONJ
cblr-2902	659	47	eliminated	eliminate	VERB
cblr-2902	659	48	.	.	PUNCT
cblr-2902	660	1	for	for	ADP
cblr-2902	660	2	fraudulent	fraudulent	ADJ
cblr-2902	660	3	transfer	transfer	NOUN
cblr-2902	660	4	cases	case	NOUN
cblr-2902	660	5	involving	involve	VERB
cblr-2902	660	6	large	large	ADJ
cblr-2902	660	7	-	-	PUNCT
cblr-2902	660	8	business	business	NOUN
cblr-2902	660	9	bankruptcies	bankruptcy	NOUN
cblr-2902	660	10	,	,	PUNCT
cblr-2902	660	11	there	there	PRON
cblr-2902	660	12	is	be	VERB
cblr-2902	660	13	often	often	ADV
cblr-2902	660	14	a	a	DET
cblr-2902	660	15	ready	ready	ADV
cblr-2902	660	16	-	-	PUNCT
cblr-2902	660	17	made	make	VERB
cblr-2902	660	18	foresight	foresight	NOUN
cblr-2902	660	19	group	group	NOUN
cblr-2902	660	20	:	:	PUNCT
cblr-2902	660	21	the	the	DET
cblr-2902	660	22	collective	collective	ADJ
cblr-2902	660	23	judgment	judgment	NOUN
cblr-2902	660	24	of	of	ADP
cblr-2902	660	25	informed	informed	ADJ
cblr-2902	660	26	financial	financial	ADJ
cblr-2902	660	27	market	market	NOUN
cblr-2902	660	28	participants	participant	NOUN
cblr-2902	660	29	at	at	ADP
cblr-2902	660	30	the	the	DET
cblr-2902	660	31	time	time	NOUN
cblr-2902	660	32	of	of	ADP
cblr-2902	660	33	the	the	DET
cblr-2902	660	34	alleged	allege	VERB
cblr-2902	660	35	fraudulent	fraudulent	ADJ
cblr-2902	660	36	transfer	transfer	NOUN
cblr-2902	660	37	,	,	PUNCT
cblr-2902	660	38	as	as	SCONJ
cblr-2902	660	39	reflected	reflect	VERB
cblr-2902	660	40	in	in	ADP
cblr-2902	660	41	historical	historical	ADJ
cblr-2902	660	42	market	market	NOUN
cblr-2902	660	43	prices	price	NOUN
cblr-2902	660	44	.	.	PUNCT
cblr-2902	661	1	f.	f.	PROPN
cblr-2902	661	2	delaware	delaware	PROPN
cblr-2902	661	3	and	and	CCONJ
cblr-2902	661	4	new	new	PROPN
cblr-2902	661	5	york	york	PROPN
cblr-2902	661	6	courts	court	NOUN
cblr-2902	661	7	have	have	AUX
cblr-2902	661	8	started	start	VERB
cblr-2902	661	9	to	to	PART
cblr-2902	661	10	use	use	VERB
cblr-2902	661	11	market	market	NOUN
cblr-2902	661	12	prices	price	NOUN
cblr-2902	661	13	instead	instead	ADV
cblr-2902	661	14	of	of	ADP
cblr-2902	661	15	experts	expert	NOUN
cblr-2902	661	16	the	the	DET
cblr-2902	661	17	supreme	supreme	PROPN
cblr-2902	661	18	court	court	PROPN
cblr-2902	661	19	has	have	AUX
cblr-2902	661	20	long	long	ADV
cblr-2902	661	21	embraced	embrace	VERB
cblr-2902	661	22	the	the	DET
cblr-2902	661	23	belief	belief	NOUN
cblr-2902	661	24	,	,	PUNCT
cblr-2902	661	25	widely	widely	ADV
cblr-2902	661	26	shared	share	VERB
cblr-2902	661	27	by	by	ADP
cblr-2902	661	28	many	many	ADJ
cblr-2902	661	29	anglo	anglo	ADJ
cblr-2902	661	30	-	-	PUNCT
cblr-2902	661	31	american	american	ADJ
cblr-2902	661	32	economists	economist	NOUN
cblr-2902	661	33	,	,	PUNCT
cblr-2902	661	34	that	that	PRON
cblr-2902	661	35	wellregulated	wellregulate	VERB
cblr-2902	661	36	financial	financial	ADJ
cblr-2902	661	37	markets	market	NOUN
cblr-2902	661	38	effectively	effectively	ADV
cblr-2902	661	39	process	process	VERB
cblr-2902	661	40	available	available	ADJ
cblr-2902	661	41	information	information	NOUN
cblr-2902	661	42	and	and	CCONJ
cblr-2902	661	43	thereby	thereby	ADV
cblr-2902	661	44	fairly	fairly	ADV
cblr-2902	661	45	and	and	CCONJ
cblr-2902	661	46	appropriately	appropriately	ADV
cblr-2902	661	47	value	value	VERB
cblr-2902	661	48	securities.12	securities.12	PROPN
cblr-2902	661	49	4	4	NUM
cblr-2902	661	50	the	the	DET
cblr-2902	661	51	court	court	NOUN
cblr-2902	661	52	suggested	suggest	VERB
cblr-2902	661	53	that	that	SCONJ
cblr-2902	661	54	the	the	DET
cblr-2902	661	55	main	main	ADJ
cblr-2902	661	56	sources	source	NOUN
cblr-2902	661	57	of	of	ADP
cblr-2902	661	58	defects	defect	NOUN
cblr-2902	661	59	in	in	ADP
cblr-2902	661	60	market	market	NOUN
cblr-2902	661	61	prices	price	NOUN
cblr-2902	661	62	are	be	AUX
cblr-2902	661	63	inaccurate	inaccurate	ADJ
cblr-2902	661	64	or	or	CCONJ
cblr-2902	661	65	incomplete	incomplete	ADJ
cblr-2902	661	66	information	information	NOUN
cblr-2902	661	67	,	,	PUNCT
cblr-2902	661	68	or	or	CCONJ
cblr-2902	661	69	other	other	ADJ
cblr-2902	661	70	concerted	concerted	ADJ
cblr-2902	661	71	attempts	attempt	NOUN
cblr-2902	661	72	to	to	PART
cblr-2902	661	73	manipulate	manipulate	VERB
cblr-2902	661	74	market	market	NOUN
cblr-2902	661	75	prices	price	NOUN
cblr-2902	661	76	,	,	PUNCT
cblr-2902	661	77	which	which	PRON
cblr-2902	661	78	market	market	NOUN
cblr-2902	661	79	regulation	regulation	NOUN
cblr-2902	661	80	seeks	seek	VERB
cblr-2902	661	81	to	to	PART
cblr-2902	661	82	prevent	prevent	VERB
cblr-2902	661	83	.	.	PUNCT
cblr-2902	662	1	'25	'25	NUM
cblr-2902	662	2	124	124	NUM
cblr-2902	662	3	basic	basic	ADJ
cblr-2902	662	4	v.	v.	ADP
cblr-2902	662	5	levinson	levinson	PROPN
cblr-2902	662	6	,	,	PUNCT
cblr-2902	662	7	485	485	NUM
cblr-2902	662	8	u.s	u.s	PROPN
cblr-2902	662	9	.	.	PROPN
cblr-2902	662	10	224	224	NUM
cblr-2902	662	11	,	,	PUNCT
cblr-2902	662	12	244	244	NUM
cblr-2902	662	13	(	(	PUNCT
cblr-2902	662	14	1988	1988	NUM
cblr-2902	662	15	)	)	PUNCT
cblr-2902	662	16	(	(	PUNCT
cblr-2902	662	17	"	"	PUNCT
cblr-2902	662	18	[	[	X
cblr-2902	662	19	tlhe	tlhe	NOUN
cblr-2902	662	20	market	market	NOUN
cblr-2902	662	21	.	.	PUNCT
cblr-2902	662	22	.	.	PUNCT
cblr-2902	662	23	.	.	PUNCT
cblr-2902	663	1	ideally	ideally	ADV
cblr-2902	663	2	transmits	transmit	VERB
cblr-2902	663	3	information	information	NOUN
cblr-2902	663	4	to	to	ADP
cblr-2902	663	5	the	the	DET
cblr-2902	663	6	investor	investor	NOUN
cblr-2902	663	7	in	in	ADP
cblr-2902	663	8	the	the	DET
cblr-2902	663	9	processed	process	VERB
cblr-2902	663	10	form	form	NOUN
cblr-2902	663	11	of	of	ADP
cblr-2902	663	12	a	a	DET
cblr-2902	663	13	market	market	NOUN
cblr-2902	663	14	price	price	NOUN
cblr-2902	663	15	.	.	PUNCT
cblr-2902	664	1	thus	thus	ADV
cblr-2902	664	2	the	the	DET
cblr-2902	664	3	market	market	NOUN
cblr-2902	664	4	is	be	AUX
cblr-2902	664	5	performing	perform	VERB
cblr-2902	664	6	a	a	DET
cblr-2902	664	7	substantial	substantial	ADJ
cblr-2902	664	8	part	part	NOUN
cblr-2902	664	9	of	of	ADP
cblr-2902	664	10	the	the	DET
cblr-2902	664	11	valuation	valuation	NOUN
cblr-2902	664	12	process	process	NOUN
cblr-2902	664	13	performed	perform	VERB
cblr-2902	664	14	by	by	ADP
cblr-2902	664	15	the	the	DET
cblr-2902	664	16	investor	investor	NOUN
cblr-2902	664	17	in	in	ADP
cblr-2902	664	18	a	a	DET
cblr-2902	664	19	face	face	NOUN
cblr-2902	664	20	-	-	PUNCT
cblr-2902	664	21	to	to	ADP
cblr-2902	664	22	-	-	PUNCT
cblr-2902	664	23	face	face	NOUN
cblr-2902	664	24	transaction	transaction	NOUN
cblr-2902	664	25	.	.	PUNCT
cblr-2902	665	1	the	the	DET
cblr-2902	665	2	market	market	NOUN
cblr-2902	665	3	is	be	AUX
cblr-2902	665	4	acting	act	VERB
cblr-2902	665	5	as	as	ADP
cblr-2902	665	6	the	the	DET
cblr-2902	665	7	unpaid	unpaid	ADJ
cblr-2902	665	8	agent	agent	NOUN
cblr-2902	665	9	of	of	ADP
cblr-2902	665	10	the	the	DET
cblr-2902	665	11	investor	investor	NOUN
cblr-2902	665	12	,	,	PUNCT
cblr-2902	665	13	informing	inform	VERB
cblr-2902	665	14	him	he	PRON
cblr-2902	665	15	that	that	SCONJ
cblr-2902	665	16	given	give	VERB
cblr-2902	665	17	all	all	DET
cblr-2902	665	18	the	the	DET
cblr-2902	665	19	information	information	NOUN
cblr-2902	665	20	available	available	ADJ
cblr-2902	665	21	to	to	ADP
cblr-2902	665	22	it	it	PRON
cblr-2902	665	23	,	,	PUNCT
cblr-2902	665	24	the	the	DET
cblr-2902	665	25	value	value	NOUN
cblr-2902	665	26	of	of	ADP
cblr-2902	665	27	the	the	DET
cblr-2902	665	28	stock	stock	NOUN
cblr-2902	665	29	is	be	AUX
cblr-2902	665	30	worth	worth	ADJ
cblr-2902	665	31	the	the	DET
cblr-2902	665	32	market	market	NOUN
cblr-2902	665	33	price	price	NOUN
cblr-2902	665	34	.	.	PUNCT
cblr-2902	665	35	"	"	PUNCT
cblr-2902	666	1	(	(	PUNCT
cblr-2902	666	2	quoting	quote	VERB
cblr-2902	666	3	,	,	PUNCT
cblr-2902	666	4	in	in	ADP
cblr-2902	666	5	re	re	PROPN
cblr-2902	666	6	lvt	lvt	PROPN
cblr-2902	666	7	securities	securities	PROPN
cblr-2902	666	8	litigation	litigation	NOUN
cblr-2902	666	9	,	,	PUNCT
cblr-2902	666	10	88	88	NUM
cblr-2902	666	11	f.r.d	f.r.d	NOUN
cblr-2902	666	12	.	.	PROPN
cblr-2902	666	13	134	134	NUM
cblr-2902	666	14	,	,	PUNCT
cblr-2902	666	15	143	143	NUM
cblr-2902	666	16	(	(	PUNCT
cblr-2902	666	17	n.d	n.d	PROPN
cblr-2902	666	18	.	.	PROPN
cblr-2902	666	19	tex	tex	PROPN
cblr-2902	666	20	.	.	PROPN
cblr-2902	666	21	1980	1980	NUM
cblr-2902	666	22	)	)	PUNCT
cblr-2902	666	23	)	)	PUNCT
cblr-2902	666	24	)	)	PUNCT
cblr-2902	666	25	;	;	PUNCT
cblr-2902	666	26	i	i	PRON
cblr-2902	666	27	d.	d.	PROPN
cblr-2902	666	28	(	(	PUNCT
cblr-2902	666	29	"	"	PUNCT
cblr-2902	666	30	in	in	ADP
cblr-2902	666	31	an	an	DET
cblr-2902	666	32	open	open	ADJ
cblr-2902	666	33	and	and	CCONJ
cblr-2902	666	34	developed	developed	ADJ
cblr-2902	666	35	market	market	NOUN
cblr-2902	666	36	.	.	PUNCT
cblr-2902	666	37	.	.	PUNCT
cblr-2902	666	38	.	.	PUNCT
cblr-2902	667	1	purchasers	purchaser	NOUN
cblr-2902	667	2	generally	generally	ADV
cblr-2902	667	3	rely	rely	VERB
cblr-2902	667	4	on	on	ADP
cblr-2902	667	5	the	the	DET
cblr-2902	667	6	price	price	NOUN
cblr-2902	667	7	of	of	ADP
cblr-2902	667	8	the	the	DET
cblr-2902	667	9	stock	stock	NOUN
cblr-2902	667	10	as	as	ADP
cblr-2902	667	11	a	a	DET
cblr-2902	667	12	reflection	reflection	NOUN
cblr-2902	667	13	of	of	ADP
cblr-2902	667	14	its	its	PRON
cblr-2902	667	15	value	value	NOUN
cblr-2902	667	16	.	.	PUNCT
cblr-2902	667	17	"	"	PUNCT
cblr-2902	667	18	)	)	PUNCT
cblr-2902	667	19	;	;	PUNCT
cblr-2902	667	20	see	see	VERB
cblr-2902	667	21	also	also	ADV
cblr-2902	667	22	bank	bank	NOUN
cblr-2902	667	23	of	of	ADP
cblr-2902	667	24	am	am	PROPN
cblr-2902	667	25	.	.	PUNCT
cblr-2902	668	1	nat'l	nat'l	PROPN
cblr-2902	668	2	trust	trust	PROPN
cblr-2902	668	3	&	&	CCONJ
cblr-2902	668	4	say	say	VERB
cblr-2902	668	5	.	.	PUNCT
cblr-2902	669	1	ass'n	ass'n	ADV
cblr-2902	669	2	v.	v.	ADP
cblr-2902	669	3	203	203	NUM
cblr-2902	669	4	n.	n.	PROPN
cblr-2902	669	5	lasalle	lasalle	PROPN
cblr-2902	669	6	st	st	PROPN
cblr-2902	669	7	.	.	PROPN
cblr-2902	669	8	p'ship	p'ship	PROPN
cblr-2902	669	9	,	,	PUNCT
cblr-2902	669	10	526	526	NUM
cblr-2902	669	11	u.s	u.s	PROPN
cblr-2902	669	12	.	.	PROPN
cblr-2902	669	13	434	434	NUM
cblr-2902	669	14	,	,	PUNCT
cblr-2902	669	15	456	456	NUM
cblr-2902	669	16	-	-	SYM
cblr-2902	669	17	57	57	NUM
cblr-2902	669	18	(	(	PUNCT
cblr-2902	669	19	1999	1999	NUM
cblr-2902	669	20	)	)	PUNCT
cblr-2902	669	21	(	(	PUNCT
cblr-2902	669	22	finding	find	VERB
cblr-2902	669	23	that	that	SCONJ
cblr-2902	669	24	"	"	PUNCT
cblr-2902	669	25	the	the	DET
cblr-2902	669	26	best	good	ADJ
cblr-2902	669	27	way	way	NOUN
cblr-2902	669	28	to	to	PART
cblr-2902	669	29	determine	determine	VERB
cblr-2902	669	30	value	value	NOUN
cblr-2902	669	31	is	be	AUX
cblr-2902	669	32	exposure	exposure	NOUN
cblr-2902	669	33	to	to	ADP
cblr-2902	669	34	a	a	DET
cblr-2902	669	35	market	market	NOUN
cblr-2902	669	36	,	,	PUNCT
cblr-2902	669	37	"	"	PUNCT
cblr-2902	669	38	not	not	PART
cblr-2902	669	39	through	through	ADP
cblr-2902	669	40	a	a	DET
cblr-2902	669	41	"	"	PUNCT
cblr-2902	669	42	determination	determination	NOUN
cblr-2902	669	43	.	.	PUNCT
cblr-2902	669	44	.	.	PUNCT
cblr-2902	669	45	.	.	PUNCT
cblr-2902	670	1	made	make	VERB
cblr-2902	670	2	by	by	ADP
cblr-2902	670	3	a	a	DET
cblr-2902	670	4	judge	judge	NOUN
cblr-2902	670	5	in	in	ADP
cblr-2902	670	6	bankruptcy	bankruptcy	NOUN
cblr-2902	670	7	court	court	NOUN
cblr-2902	670	8	.	.	PUNCT
cblr-2902	670	9	"	"	PUNCT
cblr-2902	670	10	)	)	PUNCT
cblr-2902	670	11	.	.	PUNCT
cblr-2902	671	1	in	in	ADP
cblr-2902	671	2	the	the	DET
cblr-2902	671	3	parlance	parlance	NOUN
cblr-2902	671	4	of	of	ADP
cblr-2902	671	5	economists	economist	NOUN
cblr-2902	671	6	,	,	PUNCT
cblr-2902	671	7	the	the	DET
cblr-2902	671	8	supreme	supreme	PROPN
cblr-2902	671	9	court	court	PROPN
cblr-2902	671	10	has	have	AUX
cblr-2902	671	11	accepted	accept	VERB
cblr-2902	671	12	the	the	DET
cblr-2902	671	13	semi	semi	ADJ
cblr-2902	671	14	-	-	ADJ
cblr-2902	671	15	strong	strong	ADJ
cblr-2902	671	16	form	form	NOUN
cblr-2902	671	17	of	of	ADP
cblr-2902	671	18	the	the	DET
cblr-2902	671	19	efficient	efficient	ADJ
cblr-2902	671	20	market	market	NOUN
cblr-2902	671	21	hypothesis	hypothesis	NOUN
cblr-2902	671	22	.	.	PUNCT
cblr-2902	672	1	125	125	NUM
cblr-2902	672	2	basic	basic	ADJ
cblr-2902	672	3	,	,	PUNCT
cblr-2902	672	4	485	485	NUM
cblr-2902	672	5	u.s	u.s	PROPN
cblr-2902	672	6	.	.	PROPN
cblr-2902	672	7	at	at	ADP
cblr-2902	672	8	245	245	NUM
cblr-2902	672	9	-	-	SYM
cblr-2902	672	10	46	46	NUM
cblr-2902	672	11	(	(	PUNCT
cblr-2902	672	12	"	"	PUNCT
cblr-2902	672	13	just	just	ADV
cblr-2902	672	14	as	as	SCONJ
cblr-2902	672	15	artificial	artificial	ADJ
cblr-2902	672	16	manipulation	manipulation	NOUN
cblr-2902	672	17	tends	tend	VERB
cblr-2902	672	18	to	to	PART
cblr-2902	672	19	upset	upset	VERB
cblr-2902	672	20	the	the	DET
cblr-2902	672	21	true	true	ADJ
cblr-2902	672	22	function	function	NOUN
cblr-2902	672	23	of	of	ADP
cblr-2902	672	24	an	an	DET
cblr-2902	672	25	open	open	ADJ
cblr-2902	672	26	market	market	NOUN
cblr-2902	672	27	,	,	PUNCT
cblr-2902	672	28	so	so	CCONJ
cblr-2902	672	29	the	the	DET
cblr-2902	672	30	hiding	hiding	NOUN
cblr-2902	672	31	and	and	CCONJ
cblr-2902	672	32	secreting	secreting	NOUN
cblr-2902	672	33	of	of	ADP
cblr-2902	672	34	important	important	ADJ
cblr-2902	672	35	information	information	NOUN
cblr-2902	672	36	obstructs	obstruct	VERB
cblr-2902	672	37	the	the	DET
cblr-2902	672	38	operation	operation	NOUN
cblr-2902	672	39	of	of	ADP
cblr-2902	672	40	the	the	DET
cblr-2902	672	41	markets	market	NOUN
cblr-2902	672	42	as	as	ADP
cblr-2902	672	43	indices	index	NOUN
cblr-2902	672	44	of	of	ADP
cblr-2902	672	45	real	real	ADJ
cblr-2902	672	46	value	value	NOUN
cblr-2902	672	47	.	.	PUNCT
cblr-2902	672	48	"	"	PUNCT
cblr-2902	672	49	)	)	PUNCT
cblr-2902	672	50	(	(	PUNCT
cblr-2902	672	51	quoting	quote	VERB
cblr-2902	672	52	h.r	h.r	PROPN
cblr-2902	672	53	.	.	PROPN
cblr-2902	672	54	rep	rep	PROPN
cblr-2902	672	55	.	.	PROPN
cblr-2902	672	56	no	no	PROPN
cblr-2902	672	57	.	.	NOUN
cblr-2902	672	58	1383	1383	NUM
cblr-2902	672	59	,	,	PUNCT
cblr-2902	672	60	at	at	ADP
cblr-2902	672	61	11	11	NUM
cblr-2902	672	62	)	)	PUNCT
cblr-2902	672	63	;	;	PUNCT
cblr-2902	673	1	cf	cf	X
cblr-2902	673	2	.	.	PUNCT
cblr-2902	674	1	robert	robert	PROPN
cblr-2902	674	2	p.	p.	PROPN
cblr-2902	674	3	bartlett	bartlett	PROPN
cblr-2902	674	4	iii	iii	PROPN
cblr-2902	674	5	,	,	PUNCT
cblr-2902	674	6	no	no	INTJ
cblr-2902	674	7	.	.	NOUN
cblr-2902	674	8	1	1	NUM
cblr-2902	674	9	:	:	SYM
cblr-2902	674	10	118]1	118]1	NUM
cblr-2902	674	11	leveraged	leverage	VERB
cblr-2902	674	12	buyout	buyout	NOUN
cblr-2902	674	13	bankruptcies	bankruptcy	NOUN
cblr-2902	674	14	157	157	NUM
cblr-2902	674	15	columbia	columbia	PROPN
cblr-2902	674	16	business	business	NOUN
cblr-2902	674	17	law	law	PROPN
cblr-2902	674	18	review	review	VERB
cblr-2902	674	19	the	the	DET
cblr-2902	674	20	supreme	supreme	PROPN
cblr-2902	674	21	court	court	PROPN
cblr-2902	674	22	's	's	PART
cblr-2902	674	23	insight	insight	NOUN
cblr-2902	674	24	about	about	ADP
cblr-2902	674	25	the	the	DET
cblr-2902	674	26	use	use	NOUN
cblr-2902	674	27	of	of	ADP
cblr-2902	674	28	market	market	NOUN
cblr-2902	674	29	prices	price	NOUN
cblr-2902	674	30	to	to	PART
cblr-2902	674	31	perform	perform	VERB
cblr-2902	674	32	valuation	valuation	NOUN
cblr-2902	674	33	analysis	analysis	NOUN
cblr-2902	674	34	has	have	AUX
cblr-2902	674	35	influenced	influence	VERB
cblr-2902	674	36	fraudulent	fraudulent	ADJ
cblr-2902	674	37	transfer	transfer	NOUN
cblr-2902	674	38	analysis	analysis	NOUN
cblr-2902	674	39	.	.	PUNCT
cblr-2902	675	1	the	the	DET
cblr-2902	675	2	first	first	ADJ
cblr-2902	675	3	judicial	judicial	ADJ
cblr-2902	675	4	use	use	NOUN
cblr-2902	675	5	of	of	ADP
cblr-2902	675	6	market	market	NOUN
cblr-2902	675	7	prices	price	NOUN
cblr-2902	675	8	as	as	ADP
cblr-2902	675	9	a	a	DET
cblr-2902	675	10	substitute	substitute	NOUN
cblr-2902	675	11	for	for	ADP
cblr-2902	675	12	,	,	PUNCT
cblr-2902	675	13	rather	rather	ADV
cblr-2902	675	14	than	than	ADP
cblr-2902	675	15	as	as	ADP
cblr-2902	675	16	a	a	DET
cblr-2902	675	17	supplement	supplement	NOUN
cblr-2902	675	18	to	to	ADP
cblr-2902	675	19	,	,	PUNCT
cblr-2902	675	20	expert	expert	ADJ
cblr-2902	675	21	opinion	opinion	NOUN
cblr-2902	675	22	was	be	AUX
cblr-2902	675	23	by	by	ADP
cblr-2902	675	24	the	the	DET
cblr-2902	675	25	delaware	delaware	PROPN
cblr-2902	675	26	district	district	PROPN
cblr-2902	675	27	court	court	PROPN
cblr-2902	675	28	in	in	ADP
cblr-2902	675	29	vfb	vfb	PROPN
cblr-2902	675	30	llc	llc	PROPN
cblr-2902	675	31	v.	v.	PROPN
cblr-2902	675	32	campbell	campbell	PROPN
cblr-2902	675	33	soup	soup	PROPN
cblr-2902	675	34	co.	co.	PROPN
cblr-2902	675	35	in	in	ADP
cblr-2902	675	36	2005	2005	NUM
cblr-2902	675	37	,	,	PUNCT
cblr-2902	675	38	affirmed	affirm	VERB
cblr-2902	675	39	by	by	ADP
cblr-2902	675	40	the	the	DET
cblr-2902	675	41	third	third	ADJ
cblr-2902	675	42	circuit	circuit	NOUN
cblr-2902	675	43	in	in	ADP
cblr-2902	675	44	2007.126	2007.126	NUM
cblr-2902	675	45	the	the	DET
cblr-2902	675	46	propriety	propriety	NOUN
cblr-2902	675	47	of	of	ADP
cblr-2902	675	48	using	use	VERB
cblr-2902	675	49	financial	financial	ADJ
cblr-2902	675	50	market	market	NOUN
cblr-2902	675	51	prices	price	NOUN
cblr-2902	675	52	for	for	ADP
cblr-2902	675	53	fraudulent	fraudulent	ADJ
cblr-2902	675	54	transfer	transfer	NOUN
cblr-2902	675	55	analysis	analysis	NOUN
cblr-2902	675	56	was	be	AUX
cblr-2902	675	57	further	far	ADV
cblr-2902	675	58	reinforced	reinforce	VERB
cblr-2902	675	59	by	by	ADP
cblr-2902	675	60	judge	judge	PROPN
cblr-2902	675	61	peck	peck	PROPN
cblr-2902	675	62	of	of	ADP
cblr-2902	675	63	the	the	DET
cblr-2902	675	64	u.s	u.s	PROPN
cblr-2902	675	65	.	.	PROPN
cblr-2902	675	66	bankruptcy	bankruptcy	NOUN
cblr-2902	675	67	court	court	PROPN
cblr-2902	675	68	for	for	ADP
cblr-2902	675	69	the	the	DET
cblr-2902	675	70	southern	southern	ADJ
cblr-2902	675	71	district	district	NOUN
cblr-2902	675	72	of	of	ADP
cblr-2902	675	73	new	new	PROPN
cblr-2902	675	74	york	york	PROPN
cblr-2902	675	75	in	in	ADP
cblr-2902	675	76	in	in	ADP
cblr-2902	675	77	re	re	PROPN
cblr-2902	675	78	iridium	iridium	PROPN
cblr-2902	675	79	operating	operating	PROPN
cblr-2902	675	80	llc	llc	PROPN
cblr-2902	675	81	,	,	PUNCT
cblr-2902	675	82	373	373	NUM
cblr-2902	675	83	b.r	b.r	PROPN
cblr-2902	675	84	.	.	PROPN
cblr-2902	675	85	283	283	NUM
cblr-2902	675	86	(	(	PUNCT
cblr-2902	675	87	bankr	bankr	PROPN
cblr-2902	675	88	.	.	PUNCT
cblr-2902	676	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	676	2	.	.	PROPN
cblr-2902	676	3	2007	2007	NUM
cblr-2902	676	4	)	)	PUNCT
cblr-2902	676	5	.	.	PUNCT
cblr-2902	677	1	1	1	X
cblr-2902	677	2	.	.	X
cblr-2902	677	3	vfb	vfb	PROPN
cblr-2902	677	4	llc	llc	PROPN
cblr-2902	677	5	v.	v.	PROPN
cblr-2902	677	6	campbell	campbell	PROPN
cblr-2902	677	7	soup	soup	PROPN
cblr-2902	677	8	co.	co.	PROPN
cblr-2902	677	9	vfb	vfb	PROPN
cblr-2902	677	10	is	be	AUX
cblr-2902	677	11	noteworthy	noteworthy	ADJ
cblr-2902	677	12	for	for	ADP
cblr-2902	677	13	three	three	NUM
cblr-2902	677	14	reasons	reason	NOUN
cblr-2902	677	15	:	:	PUNCT
cblr-2902	677	16	first	first	ADV
cblr-2902	677	17	,	,	PUNCT
cblr-2902	677	18	the	the	DET
cblr-2902	677	19	delaware	delaware	PROPN
cblr-2902	677	20	district	district	PROPN
cblr-2902	677	21	court	court	PROPN
cblr-2902	677	22	relied	rely	VERB
cblr-2902	677	23	heavily	heavily	ADV
cblr-2902	677	24	on	on	ADP
cblr-2902	677	25	market	market	NOUN
cblr-2902	677	26	prices	price	NOUN
cblr-2902	677	27	and	and	CCONJ
cblr-2902	677	28	essentially	essentially	ADV
cblr-2902	677	29	ignored	ignore	VERB
cblr-2902	677	30	the	the	DET
cblr-2902	677	31	opinions	opinion	NOUN
cblr-2902	677	32	of	of	ADP
cblr-2902	677	33	expert	expert	NOUN
cblr-2902	677	34	witnesses	witness	NOUN
cblr-2902	677	35	who	who	PRON
cblr-2902	677	36	used	use	VERB
cblr-2902	677	37	traditional	traditional	ADJ
cblr-2902	677	38	methods	method	NOUN
cblr-2902	677	39	of	of	ADP
cblr-2902	677	40	valuation	valuation	NOUN
cblr-2902	677	41	and	and	CCONJ
cblr-2902	677	42	solvency	solvency	NOUN
cblr-2902	677	43	analysis	analysis	NOUN
cblr-2902	677	44	.	.	PUNCT
cblr-2902	677	45	'2	'2	PROPN
cblr-2902	678	1	7	7	NUM
cblr-2902	678	2	the	the	DET
cblr-2902	678	3	district	district	NOUN
cblr-2902	678	4	court	court	NOUN
cblr-2902	678	5	attributed	attribute	VERB
cblr-2902	678	6	differences	difference	NOUN
cblr-2902	678	7	between	between	ADP
cblr-2902	678	8	the	the	DET
cblr-2902	678	9	implicit	implicit	ADJ
cblr-2902	678	10	judgment	judgment	NOUN
cblr-2902	678	11	of	of	ADP
cblr-2902	678	12	the	the	DET
cblr-2902	678	13	market	market	NOUN
cblr-2902	678	14	and	and	CCONJ
cblr-2902	678	15	the	the	DET
cblr-2902	678	16	opinion	opinion	NOUN
cblr-2902	678	17	of	of	ADP
cblr-2902	678	18	plaintiffs	plaintiff	NOUN
cblr-2902	678	19	'	'	PART
cblr-2902	678	20	experts	expert	NOUN
cblr-2902	678	21	to	to	ADP
cblr-2902	678	22	the	the	DET
cblr-2902	678	23	experts	expert	NOUN
cblr-2902	678	24	'	'	PART
cblr-2902	678	25	"	"	PUNCT
cblr-2902	678	26	hindsight	hindsight	ADJ
cblr-2902	678	27	bias	bias	NOUN
cblr-2902	678	28	.	.	PUNCT
cblr-2902	679	1	"128	"128	VERB
cblr-2902	679	2	the	the	DET
cblr-2902	679	3	third	third	ADJ
cblr-2902	679	4	circuit	circuit	NOUN
cblr-2902	679	5	went	go	VERB
cblr-2902	679	6	further	far	ADV
cblr-2902	679	7	,	,	PUNCT
cblr-2902	679	8	questioning	question	VERB
cblr-2902	679	9	the	the	DET
cblr-2902	679	10	basic	basic	ADJ
cblr-2902	679	11	worth	worth	NOUN
cblr-2902	679	12	of	of	ADP
cblr-2902	679	13	expert	expert	ADJ
cblr-2902	679	14	opinion	opinion	NOUN
cblr-2902	679	15	when	when	SCONJ
cblr-2902	679	16	market	market	NOUN
cblr-2902	679	17	prices	price	NOUN
cblr-2902	679	18	are	be	AUX
cblr-2902	679	19	available	available	ADJ
cblr-2902	679	20	and	and	CCONJ
cblr-2902	679	21	trading	trading	NOUN
cblr-2902	679	22	is	be	AUX
cblr-2902	679	23	open	open	ADJ
cblr-2902	679	24	,	,	PUNCT
cblr-2902	679	25	liquid	liquid	NOUN
cblr-2902	679	26	,	,	PUNCT
cblr-2902	679	27	and	and	CCONJ
cblr-2902	679	28	informed	inform	VERB
cblr-2902	679	29	.	.	PUNCT
cblr-2902	680	1	129	129	NUM
cblr-2902	680	2	second	second	ADJ
cblr-2902	680	3	,	,	PUNCT
cblr-2902	680	4	the	the	DET
cblr-2902	680	5	third	third	ADJ
cblr-2902	680	6	circuit	circuit	NOUN
cblr-2902	680	7	did	do	AUX
cblr-2902	680	8	not	not	PART
cblr-2902	680	9	use	use	VERB
cblr-2902	680	10	the	the	DET
cblr-2902	680	11	market	market	NOUN
cblr-2902	680	12	prices	price	NOUN
cblr-2902	680	13	of	of	ADP
cblr-2902	680	14	securities	security	NOUN
cblr-2902	680	15	to	to	PART
cblr-2902	680	16	simply	simply	ADV
cblr-2902	680	17	value	value	VERB
cblr-2902	680	18	those	those	DET
cblr-2902	680	19	securities	security	NOUN
cblr-2902	680	20	,	,	PUNCT
cblr-2902	680	21	as	as	ADP
cblr-2902	680	22	the	the	DET
cblr-2902	680	23	supreme	supreme	ADJ
cblr-2902	680	24	inefficiencies	inefficiency	NOUN
cblr-2902	680	25	in	in	ADP
cblr-2902	680	26	the	the	DET
cblr-2902	680	27	information	information	NOUN
cblr-2902	680	28	thicket	thicket	NOUN
cblr-2902	680	29	:	:	PUNCT
cblr-2902	680	30	a	a	DET
cblr-2902	680	31	case	case	NOUN
cblr-2902	680	32	study	study	NOUN
cblr-2902	680	33	of	of	ADP
cblr-2902	680	34	derivative	derivative	ADJ
cblr-2902	680	35	disclosures	disclosure	NOUN
cblr-2902	680	36	during	during	ADP
cblr-2902	680	37	the	the	DET
cblr-2902	680	38	financial	financial	ADJ
cblr-2902	680	39	crisis	crisis	NOUN
cblr-2902	680	40	(	(	PUNCT
cblr-2902	680	41	apr	apr	PROPN
cblr-2902	680	42	.	.	PROPN
cblr-2902	680	43	2010	2010	NUM
cblr-2902	680	44	)	)	PUNCT
cblr-2902	680	45	,	,	PUNCT
cblr-2902	680	46	http://ssm.com/	http://ssm.com/	NOUN
cblr-2902	680	47	abstract=1585953	abstract=1585953	PROPN
cblr-2902	680	48	(	(	PUNCT
cblr-2902	680	49	arguing	argue	VERB
cblr-2902	680	50	that	that	SCONJ
cblr-2902	680	51	the	the	DET
cblr-2902	680	52	complexity	complexity	NOUN
cblr-2902	680	53	of	of	ADP
cblr-2902	680	54	derivatives	derivative	NOUN
cblr-2902	680	55	and	and	CCONJ
cblr-2902	680	56	the	the	DET
cblr-2902	680	57	inconvenient	inconvenient	ADJ
cblr-2902	680	58	form	form	NOUN
cblr-2902	680	59	in	in	ADP
cblr-2902	680	60	which	which	PRON
cblr-2902	680	61	they	they	PRON
cblr-2902	680	62	are	be	AUX
cblr-2902	680	63	disclosed	disclose	VERB
cblr-2902	680	64	may	may	AUX
cblr-2902	680	65	limit	limit	VERB
cblr-2902	680	66	the	the	DET
cblr-2902	680	67	financial	financial	ADJ
cblr-2902	680	68	markets	market	NOUN
cblr-2902	680	69	'	'	PART
cblr-2902	680	70	ability	ability	NOUN
cblr-2902	680	71	to	to	PART
cblr-2902	680	72	rapidly	rapidly	ADV
cblr-2902	680	73	incorporate	incorporate	VERB
cblr-2902	680	74	all	all	DET
cblr-2902	680	75	available	available	ADJ
cblr-2902	680	76	information	information	NOUN
cblr-2902	680	77	into	into	ADP
cblr-2902	680	78	securities	security	NOUN
cblr-2902	680	79	pricing	pricing	NOUN
cblr-2902	680	80	)	)	PUNCT
cblr-2902	680	81	.	.	PUNCT
cblr-2902	681	1	126	126	NUM
cblr-2902	681	2	no	no	INTJ
cblr-2902	681	3	.	.	PUNCT
cblr-2902	682	1	civ	civ	NOUN
cblr-2902	682	2	.	.	PUNCT
cblr-2902	683	1	a.	a.	NOUN
cblr-2902	683	2	02	02	NUM
cblr-2902	683	3	-	-	PUNCT
cblr-2902	683	4	137	137	NUM
cblr-2902	683	5	,	,	PUNCT
cblr-2902	683	6	2005	2005	NUM
cblr-2902	683	7	wl	wl	NOUN
cblr-2902	683	8	2234606	2234606	NUM
cblr-2902	683	9	,	,	PUNCT
cblr-2902	683	10	at	at	ADP
cblr-2902	683	11	*	*	PROPN
cblr-2902	683	12	22	22	NUM
cblr-2902	683	13	(	(	PUNCT
cblr-2902	683	14	d.	d.	PROPN
cblr-2902	683	15	del	del	PROPN
cblr-2902	683	16	.	.	PROPN
cblr-2902	683	17	sept	sept	PROPN
cblr-2902	683	18	.	.	PROPN
cblr-2902	683	19	13	13	NUM
cblr-2902	683	20	,	,	PUNCT
cblr-2902	683	21	2005	2005	NUM
cblr-2902	683	22	)	)	PUNCT
cblr-2902	683	23	,	,	PUNCT
cblr-2902	683	24	affd	affd	PROPN
cblr-2902	683	25	,	,	PUNCT
cblr-2902	683	26	482	482	NUM
cblr-2902	683	27	f.3d	f.3d	NUM
cblr-2902	683	28	624	624	NUM
cblr-2902	683	29	(	(	PUNCT
cblr-2902	683	30	3d	3d	NUM
cblr-2902	683	31	cir	cir	NOUN
cblr-2902	683	32	.	.	PROPN
cblr-2902	683	33	2007	2007	NUM
cblr-2902	683	34	)	)	PUNCT
cblr-2902	683	35	.	.	PUNCT
cblr-2902	684	1	127	127	NUM
cblr-2902	684	2	vfb	vfb	PROPN
cblr-2902	684	3	,	,	PUNCT
cblr-2902	684	4	482	482	NUM
cblr-2902	684	5	f.3d	f.3d	NUM
cblr-2902	684	6	at	at	ADP
cblr-2902	684	7	629	629	NUM
cblr-2902	684	8	(	(	PUNCT
cblr-2902	684	9	"	"	PUNCT
cblr-2902	684	10	[	[	X
cblr-2902	684	11	blasically	blasically	ADV
cblr-2902	684	12	,	,	PUNCT
cblr-2902	684	13	the	the	DET
cblr-2902	684	14	district	district	NOUN
cblr-2902	684	15	court	court	NOUN
cblr-2902	684	16	regarded	regard	VERB
cblr-2902	684	17	the	the	DET
cblr-2902	684	18	hired	hire	VERB
cblr-2902	684	19	expert	expert	NOUN
cblr-2902	684	20	valuations	valuation	NOUN
cblr-2902	684	21	as	as	ADP
cblr-2902	684	22	a	a	DET
cblr-2902	684	23	side	side	NOUN
cblr-2902	684	24	-	-	PUNCT
cblr-2902	684	25	show	show	NOUN
cblr-2902	684	26	to	to	ADP
cblr-2902	684	27	the	the	DET
cblr-2902	684	28	disinterested	disinterested	ADJ
cblr-2902	684	29	evidence	evidence	NOUN
cblr-2902	684	30	of	of	ADP
cblr-2902	684	31	vfi	vfi	NOUN
cblr-2902	684	32	's	's	PART
cblr-2902	684	33	capitalization	capitalization	NOUN
cblr-2902	684	34	in	in	ADP
cblr-2902	684	35	one	one	NUM
cblr-2902	684	36	of	of	ADP
cblr-2902	684	37	the	the	DET
cblr-2902	684	38	most	most	ADV
cblr-2902	684	39	efficient	efficient	ADJ
cblr-2902	684	40	capital	capital	NOUN
cblr-2902	684	41	markets	market	NOUN
cblr-2902	684	42	in	in	ADP
cblr-2902	684	43	the	the	DET
cblr-2902	684	44	world	world	NOUN
cblr-2902	684	45	.	.	PUNCT
cblr-2902	684	46	"	"	PUNCT
cblr-2902	684	47	)	)	PUNCT
cblr-2902	684	48	(	(	PUNCT
cblr-2902	684	49	internal	internal	ADJ
cblr-2902	684	50	quotations	quotation	NOUN
cblr-2902	684	51	omitted	omit	VERB
cblr-2902	684	52	)	)	PUNCT
cblr-2902	684	53	.	.	PUNCT
cblr-2902	685	1	128	128	NUM
cblr-2902	686	1	i	i	PRON
cblr-2902	686	2	d.	d.	PROPN
cblr-2902	686	3	at	at	ADP
cblr-2902	686	4	629	629	NUM
cblr-2902	686	5	.	.	PUNCT
cblr-2902	687	1	129	129	NUM
cblr-2902	687	2	see	see	VERB
cblr-2902	687	3	i	i	PRON
cblr-2902	687	4	d.	d.	PROPN
cblr-2902	687	5	at	at	ADP
cblr-2902	687	6	629	629	NUM
cblr-2902	687	7	-	-	SYM
cblr-2902	687	8	30	30	NUM
cblr-2902	687	9	,	,	PUNCT
cblr-2902	687	10	633	633	NUM
cblr-2902	687	11	.	.	PUNCT
cblr-2902	688	1	158	158	NUM
cblr-2902	689	1	[	[	X
cblr-2902	689	2	vol	vol	NOUN
cblr-2902	689	3	.	.	PUNCT
cblr-2902	689	4	2011	2011	NUM
cblr-2902	689	5	court	court	NOUN
cblr-2902	689	6	did	do	VERB
cblr-2902	689	7	in	in	ADP
cblr-2902	689	8	basic	basic	ADJ
cblr-2902	689	9	v.	v.	CCONJ
cblr-2902	689	10	levinson	levinson	PROPN
cblr-2902	689	11	,	,	PUNCT
cblr-2902	689	12	but	but	CCONJ
cblr-2902	689	13	instead	instead	ADV
cblr-2902	689	14	used	use	VERB
cblr-2902	689	15	the	the	DET
cblr-2902	689	16	price	price	NOUN
cblr-2902	689	17	of	of	ADP
cblr-2902	689	18	securities	security	NOUN
cblr-2902	689	19	to	to	PART
cblr-2902	689	20	value	value	VERB
cblr-2902	689	21	and	and	CCONJ
cblr-2902	689	22	evaluate	evaluate	VERB
cblr-2902	689	23	the	the	DET
cblr-2902	689	24	solvency	solvency	NOUN
cblr-2902	689	25	of	of	ADP
cblr-2902	689	26	a	a	DET
cblr-2902	689	27	firm	firm	NOUN
cblr-2902	689	28	as	as	ADP
cblr-2902	689	29	a	a	DET
cblr-2902	689	30	whole.o	whole.o	NOUN
cblr-2902	689	31	third	third	NOUN
cblr-2902	689	32	,	,	PUNCT
cblr-2902	689	33	vfb	vfb	PROPN
cblr-2902	689	34	is	be	AUX
cblr-2902	689	35	noteworthy	noteworthy	ADJ
cblr-2902	689	36	because	because	SCONJ
cblr-2902	689	37	the	the	DET
cblr-2902	689	38	court	court	NOUN
cblr-2902	689	39	developed	develop	VERB
cblr-2902	689	40	a	a	DET
cblr-2902	689	41	clever	clever	ADJ
cblr-2902	689	42	solution	solution	NOUN
cblr-2902	689	43	to	to	ADP
cblr-2902	689	44	the	the	DET
cblr-2902	689	45	problem	problem	NOUN
cblr-2902	689	46	of	of	ADP
cblr-2902	689	47	imperfect	imperfect	ADJ
cblr-2902	689	48	public	public	ADJ
cblr-2902	689	49	disclosure	disclosure	NOUN
cblr-2902	689	50	of	of	ADP
cblr-2902	689	51	relevant	relevant	ADJ
cblr-2902	689	52	financial	financial	ADJ
cblr-2902	689	53	information	information	NOUN
cblr-2902	689	54	.	.	PUNCT
cblr-2902	690	1	rather	rather	ADV
cblr-2902	690	2	than	than	SCONJ
cblr-2902	690	3	use	use	VERB
cblr-2902	690	4	contemporaneous	contemporaneous	ADJ
cblr-2902	690	5	market	market	NOUN
cblr-2902	690	6	prices	price	NOUN
cblr-2902	690	7	that	that	PRON
cblr-2902	690	8	were	be	AUX
cblr-2902	690	9	based	base	VERB
cblr-2902	690	10	on	on	ADP
cblr-2902	690	11	manipulated	manipulate	VERB
cblr-2902	690	12	accounting	accounting	NOUN
cblr-2902	690	13	information	information	NOUN
cblr-2902	690	14	,	,	PUNCT
cblr-2902	690	15	the	the	DET
cblr-2902	690	16	court	court	NOUN
cblr-2902	690	17	used	use	VERB
cblr-2902	690	18	delayed	delay	VERB
cblr-2902	690	19	market	market	NOUN
cblr-2902	690	20	prices	price	NOUN
cblr-2902	690	21	from	from	ADP
cblr-2902	690	22	a	a	DET
cblr-2902	690	23	time	time	NOUN
cblr-2902	690	24	period	period	NOUN
cblr-2902	690	25	after	after	SCONJ
cblr-2902	690	26	the	the	DET
cblr-2902	690	27	correct	correct	ADJ
cblr-2902	690	28	financial	financial	ADJ
cblr-2902	690	29	information	information	NOUN
cblr-2902	690	30	had	have	AUX
cblr-2902	690	31	been	be	AUX
cblr-2902	690	32	disclosed	disclose	VERB
cblr-2902	690	33	to	to	ADP
cblr-2902	690	34	the	the	DET
cblr-2902	690	35	market	market	NOUN
cblr-2902	690	36	.	.	PUNCT
cblr-2902	691	1	"	"	PUNCT
cblr-2902	691	2	'	'	PUNCT
cblr-2902	691	3	in	in	ADP
cblr-2902	691	4	vfb	vfb	PROPN
cblr-2902	691	5	,	,	PUNCT
cblr-2902	691	6	campbell	campbell	PROPN
cblr-2902	691	7	soup	soup	PROPN
cblr-2902	691	8	company	company	PROPN
cblr-2902	691	9	(	(	PUNCT
cblr-2902	691	10	"	"	PUNCT
cblr-2902	691	11	campbell	campbell	PROPN
cblr-2902	691	12	"	"	PUNCT
cblr-2902	691	13	)	)	PUNCT
cblr-2902	691	14	spun	spin	VERB
cblr-2902	691	15	off	off	ADP
cblr-2902	691	16	underperforming	underperform	VERB
cblr-2902	691	17	product	product	NOUN
cblr-2902	691	18	lines	line	NOUN
cblr-2902	691	19	through	through	ADP
cblr-2902	691	20	a	a	DET
cblr-2902	691	21	leveraged	leverage	VERB
cblr-2902	691	22	transaction.13	transaction.13	NOUN
cblr-2902	691	23	2	2	NUM
cblr-2902	691	24	campbell	campbell	PROPN
cblr-2902	691	25	received	receive	VERB
cblr-2902	691	26	$	$	SYM
cblr-2902	691	27	500	500	NUM
cblr-2902	691	28	million	million	NUM
cblr-2902	691	29	in	in	ADP
cblr-2902	691	30	cash	cash	NOUN
cblr-2902	691	31	,	,	PUNCT
cblr-2902	691	32	while	while	SCONJ
cblr-2902	691	33	the	the	DET
cblr-2902	691	34	new	new	ADJ
cblr-2902	691	35	company	company	NOUN
cblr-2902	691	36	,	,	PUNCT
cblr-2902	691	37	viasic	viasic	ADJ
cblr-2902	691	38	foods	food	NOUN
cblr-2902	691	39	international	international	ADJ
cblr-2902	691	40	(	(	PUNCT
cblr-2902	691	41	"	"	PUNCT
cblr-2902	691	42	vfi	vfi	NOUN
cblr-2902	691	43	"	"	PUNCT
cblr-2902	691	44	)	)	PUNCT
cblr-2902	691	45	,	,	PUNCT
cblr-2902	691	46	took	take	VERB
cblr-2902	691	47	on	on	ADP
cblr-2902	691	48	debt	debt	NOUN
cblr-2902	691	49	obligations.133	obligations.133	VERB
cblr-2902	691	50	about	about	ADV
cblr-2902	691	51	three	three	NUM
cblr-2902	691	52	years	year	NOUN
cblr-2902	691	53	later	later	ADV
cblr-2902	691	54	,	,	PUNCT
cblr-2902	691	55	vfi	vfi	NOUN
cblr-2902	691	56	filed	file	VERB
cblr-2902	691	57	bankruptcy.134	bankruptcy.134	VERB
cblr-2902	691	58	the	the	DET
cblr-2902	691	59	spin	spin	VERB
cblr-2902	691	60	-	-	PUNCT
cblr-2902	691	61	off	off	ADP
cblr-2902	691	62	transaction	transaction	NOUN
cblr-2902	691	63	resembled	resemble	VERB
cblr-2902	691	64	an	an	DET
cblr-2902	691	65	lbo	lbo	PROPN
cblr-2902	691	66	with	with	ADP
cblr-2902	691	67	campbell	campbell	PROPN
cblr-2902	691	68	as	as	ADP
cblr-2902	691	69	the	the	DET
cblr-2902	691	70	pre	pre	PROPN
cblr-2902	691	71	-	-	ADJ
cblr-2902	691	72	lbo	lbo	PROPN
cblr-2902	691	73	equity	equity	NOUN
cblr-2902	691	74	holder	holder	NOUN
cblr-2902	691	75	,	,	PUNCT
cblr-2902	691	76	receiving	receive	VERB
cblr-2902	691	77	cash	cash	NOUN
cblr-2902	691	78	for	for	ADP
cblr-2902	691	79	its	its	PRON
cblr-2902	691	80	equity	equity	NOUN
cblr-2902	691	81	stake	stake	NOUN
cblr-2902	691	82	,	,	PUNCT
cblr-2902	691	83	and	and	CCONJ
cblr-2902	691	84	the	the	DET
cblr-2902	691	85	new	new	ADJ
cblr-2902	691	86	company	company	NOUN
cblr-2902	691	87	replacing	replace	VERB
cblr-2902	691	88	equity	equity	NOUN
cblr-2902	691	89	with	with	ADP
cblr-2902	691	90	bank	bank	NOUN
cblr-2902	691	91	debt	debt	NOUN
cblr-2902	691	92	.	.	PUNCT
cblr-2902	692	1	however	however	ADV
cblr-2902	692	2	,	,	PUNCT
cblr-2902	692	3	unlike	unlike	ADP
cblr-2902	692	4	most	most	ADJ
cblr-2902	692	5	lbos	lbo	NOUN
cblr-2902	692	6	,	,	PUNCT
cblr-2902	692	7	the	the	DET
cblr-2902	692	8	spin	spin	NOUN
cblr-2902	692	9	-	-	PUNCT
cblr-2902	692	10	off	off	NOUN
cblr-2902	692	11	was	be	AUX
cblr-2902	692	12	not	not	PART
cblr-2902	692	13	a	a	DET
cblr-2902	692	14	going	go	VERB
cblr-2902	692	15	private	private	ADJ
cblr-2902	692	16	transaction	transaction	NOUN
cblr-2902	692	17	.	.	PUNCT
cblr-2902	693	1	the	the	DET
cblr-2902	693	2	equity	equity	NOUN
cblr-2902	693	3	markets	market	NOUN
cblr-2902	693	4	therefore	therefore	ADV
cblr-2902	693	5	continued	continue	VERB
cblr-2902	693	6	to	to	PART
cblr-2902	693	7	process	process	VERB
cblr-2902	693	8	and	and	CCONJ
cblr-2902	693	9	display	display	VERB
cblr-2902	693	10	information	information	NOUN
cblr-2902	693	11	about	about	ADP
cblr-2902	693	12	the	the	DET
cblr-2902	693	13	financial	financial	ADJ
cblr-2902	693	14	state	state	NOUN
cblr-2902	693	15	of	of	ADP
cblr-2902	693	16	vfi	vfi	NOUN
cblr-2902	693	17	after	after	ADP
cblr-2902	693	18	the	the	DET
cblr-2902	693	19	transaction	transaction	NOUN
cblr-2902	693	20	.	.	PUNCT
cblr-2902	694	1	for	for	ADP
cblr-2902	694	2	two	two	NUM
cblr-2902	694	3	years	year	NOUN
cblr-2902	694	4	before	before	ADP
cblr-2902	694	5	the	the	DET
cblr-2902	694	6	spin	spin	NOUN
cblr-2902	694	7	-	-	PUNCT
cblr-2902	694	8	off	off	NOUN
cblr-2902	694	9	,	,	PUNCT
cblr-2902	694	10	campbell	campbell	PROPN
cblr-2902	694	11	used	use	VERB
cblr-2902	694	12	a	a	DET
cblr-2902	694	13	variety	variety	NOUN
cblr-2902	694	14	of	of	ADP
cblr-2902	694	15	dubious	dubious	ADJ
cblr-2902	694	16	accounting	accounting	NOUN
cblr-2902	694	17	techniques	technique	NOUN
cblr-2902	694	18	to	to	PART
cblr-2902	694	19	improve	improve	VERB
cblr-2902	694	20	the	the	DET
cblr-2902	694	21	reported	report	VERB
cblr-2902	694	22	finances	finance	NOUN
cblr-2902	694	23	of	of	ADP
cblr-2902	694	24	the	the	DET
cblr-2902	694	25	division	division	NOUN
cblr-2902	694	26	that	that	PRON
cblr-2902	694	27	would	would	AUX
cblr-2902	694	28	become	become	VERB
cblr-2902	694	29	vfi	vfi	NOUN
cblr-2902	694	30	without	without	ADP
cblr-2902	694	31	actually	actually	ADV
cblr-2902	694	32	improving	improve	VERB
cblr-2902	694	33	its	its	PRON
cblr-2902	694	34	long	long	ADJ
cblr-2902	694	35	-	-	PUNCT
cblr-2902	694	36	term	term	NOUN
cblr-2902	694	37	prospects.13	prospects.13	PROPN
cblr-2902	694	38	1	1	NUM
cblr-2902	694	39	these	these	DET
cblr-2902	694	40	manipulations	manipulation	NOUN
cblr-2902	694	41	appear	appear	VERB
cblr-2902	694	42	to	to	PART
cblr-2902	694	43	have	have	AUX
cblr-2902	694	44	successfully	successfully	ADV
cblr-2902	694	45	misled	mislead	VERB
cblr-2902	694	46	both	both	CCONJ
cblr-2902	694	47	the	the	DET
cblr-2902	694	48	securities	security	NOUN
cblr-2902	694	49	markets	market	NOUN
cblr-2902	694	50	and	and	CCONJ
cblr-2902	694	51	the	the	DET
cblr-2902	694	52	banks	bank	NOUN
cblr-2902	694	53	that	that	PRON
cblr-2902	694	54	extended	extend	VERB
cblr-2902	694	55	credit	credit	NOUN
cblr-2902	694	56	to	to	PART
cblr-2902	694	57	finance	finance	VERB
cblr-2902	694	58	the	the	DET
cblr-2902	694	59	spin	spin	VERB
cblr-2902	694	60	-	-	PUNCT
cblr-2902	694	61	off	off	ADP
cblr-2902	694	62	transaction	transaction	NOUN
cblr-2902	694	63	.	.	PUNCT
cblr-2902	695	1	'36	'36	NUM
cblr-2902	695	2	1	1	NUM
cblr-2902	695	3	0	0	NUM
cblr-2902	695	4	as	as	SCONJ
cblr-2902	695	5	discussed	discuss	VERB
cblr-2902	695	6	below	below	ADV
cblr-2902	695	7	,	,	PUNCT
cblr-2902	695	8	there	there	PRON
cblr-2902	695	9	are	be	VERB
cblr-2902	695	10	important	important	ADJ
cblr-2902	695	11	differences	difference	NOUN
cblr-2902	695	12	between	between	ADP
cblr-2902	695	13	changes	change	NOUN
cblr-2902	695	14	in	in	ADP
cblr-2902	695	15	the	the	DET
cblr-2902	695	16	value	value	NOUN
cblr-2902	695	17	of	of	ADP
cblr-2902	695	18	an	an	DET
cblr-2902	695	19	equity	equity	NOUN
cblr-2902	695	20	investment	investment	NOUN
cblr-2902	695	21	and	and	CCONJ
cblr-2902	695	22	changes	change	NOUN
cblr-2902	695	23	in	in	ADP
cblr-2902	695	24	the	the	DET
cblr-2902	695	25	value	value	NOUN
cblr-2902	695	26	of	of	ADP
cblr-2902	695	27	a	a	DET
cblr-2902	695	28	firm	firm	NOUN
cblr-2902	695	29	as	as	ADP
cblr-2902	695	30	a	a	DET
cblr-2902	695	31	whole	whole	NOUN
cblr-2902	695	32	.	.	PUNCT
cblr-2902	696	1	131	131	NUM
cblr-2902	696	2	vfb	vfb	PROPN
cblr-2902	696	3	,	,	PUNCT
cblr-2902	696	4	482	482	NUM
cblr-2902	696	5	f.3d	f.3d	NUM
cblr-2902	696	6	at	at	ADP
cblr-2902	696	7	632	632	NUM
cblr-2902	696	8	.	.	PUNCT
cblr-2902	696	9	132	132	NUM
cblr-2902	697	1	i	i	PRON
cblr-2902	697	2	d.	d.	PROPN
cblr-2902	697	3	at	at	ADP
cblr-2902	697	4	626	626	NUM
cblr-2902	697	5	-	-	NUM
cblr-2902	697	6	-27	-27	NUM
cblr-2902	697	7	.	.	PUNCT
cblr-2902	698	1	133	133	NUM
cblr-2902	698	2	i	i	PRON
cblr-2902	698	3	d.	d.	PROPN
cblr-2902	698	4	at	at	ADP
cblr-2902	698	5	627	627	NUM
cblr-2902	698	6	,	,	PUNCT
cblr-2902	698	7	629	629	NUM
cblr-2902	698	8	.	.	NOUN
cblr-2902	698	9	13	13	NUM
cblr-2902	699	1	i	i	PRON
cblr-2902	699	2	d.	d.	PROPN
cblr-2902	699	3	at	at	ADP
cblr-2902	699	4	628	628	NUM
cblr-2902	699	5	.	.	PUNCT
cblr-2902	700	1	13	13	NUM
cblr-2902	701	1	i	i	PRON
cblr-2902	701	2	d.	d.	NOUN
cblr-2902	701	3	at	at	ADP
cblr-2902	701	4	627	627	NUM
cblr-2902	701	5	.	.	PUNCT
cblr-2902	702	1	131	131	NUM
cblr-2902	703	1	i	i	PRON
cblr-2902	703	2	d.	d.	NOUN
cblr-2902	703	3	at	at	ADP
cblr-2902	703	4	627	627	NUM
cblr-2902	703	5	-	-	SYM
cblr-2902	703	6	28	28	NUM
cblr-2902	703	7	.	.	PUNCT
cblr-2902	704	1	159no	159no	PROPN
cblr-2902	704	2	.	.	PUNCT
cblr-2902	705	1	1	1	NUM
cblr-2902	705	2	:	:	SYM
cblr-2902	705	3	118	118	NUM
cblr-2902	705	4	]	]	PUNCT
cblr-2902	705	5	le	le	X
cblr-2902	705	6	vera	vera	NOUN
cblr-2902	705	7	ged	ge	VERB
cblr-2902	705	8	b	b	PROPN
cblr-2902	705	9	uyo	uyo	PROPN
cblr-2902	705	10	ut	ut	PROPN
cblr-2902	705	11	bankr	bankr	PROPN
cblr-2902	705	12	uptcies	uptcie	NOUN
cblr-2902	705	13	however	however	ADV
cblr-2902	705	14	,	,	PUNCT
cblr-2902	705	15	shortly	shortly	ADV
cblr-2902	705	16	after	after	ADP
cblr-2902	705	17	the	the	DET
cblr-2902	705	18	spin	spin	NOUN
cblr-2902	705	19	-	-	PUNCT
cblr-2902	705	20	off	off	NOUN
cblr-2902	705	21	,	,	PUNCT
cblr-2902	705	22	vfi	vfi	NOUN
cblr-2902	705	23	's	's	PART
cblr-2902	705	24	"	"	PUNCT
cblr-2902	705	25	inflated	inflated	ADJ
cblr-2902	705	26	sales	sale	NOUN
cblr-2902	705	27	and	and	CCONJ
cblr-2902	705	28	earnings	earning	NOUN
cblr-2902	705	29	figures	figure	NOUN
cblr-2902	705	30	quickly	quickly	ADV
cblr-2902	705	31	corrected	correct	VERB
cblr-2902	705	32	themselves	themselves	PRON
cblr-2902	705	33	.	.	PUNCT
cblr-2902	706	1	"	"	PUNCT
cblr-2902	706	2	"	"	PUNCT
cblr-2902	706	3	'	'	PUNCT
cblr-2902	706	4	the	the	DET
cblr-2902	706	5	market	market	NOUN
cblr-2902	706	6	presumably	presumably	ADV
cblr-2902	706	7	processed	process	VERB
cblr-2902	706	8	this	this	DET
cblr-2902	706	9	new	new	ADJ
cblr-2902	706	10	,	,	PUNCT
cblr-2902	706	11	more	more	ADV
cblr-2902	706	12	accurate	accurate	ADJ
cblr-2902	706	13	information	information	NOUN
cblr-2902	706	14	about	about	ADP
cblr-2902	706	15	vfi	vfi	NOUN
cblr-2902	706	16	's	's	PART
cblr-2902	706	17	past	past	ADJ
cblr-2902	706	18	performance	performance	NOUN
cblr-2902	706	19	and	and	CCONJ
cblr-2902	706	20	future	future	ADJ
cblr-2902	706	21	prospects	prospect	NOUN
cblr-2902	706	22	,	,	PUNCT
cblr-2902	706	23	but	but	CCONJ
cblr-2902	706	24	vfi	vfi	NOUN
cblr-2902	706	25	's	's	PART
cblr-2902	706	26	market	market	NOUN
cblr-2902	706	27	capitalization	capitalization	NOUN
cblr-2902	706	28	remained	remain	VERB
cblr-2902	706	29	above	above	ADP
cblr-2902	706	30	$	$	SYM
cblr-2902	706	31	1.1	1.1	NUM
cblr-2902	706	32	billion	billion	NUM
cblr-2902	706	33	,	,	PUNCT
cblr-2902	706	34	and	and	CCONJ
cblr-2902	706	35	the	the	DET
cblr-2902	706	36	company	company	NOUN
cblr-2902	706	37	was	be	AUX
cblr-2902	706	38	able	able	ADJ
cblr-2902	706	39	to	to	PART
cblr-2902	706	40	raise	raise	VERB
cblr-2902	706	41	$	$	SYM
cblr-2902	706	42	200	200	NUM
cblr-2902	706	43	million	million	NUM
cblr-2902	706	44	in	in	ADP
cblr-2902	706	45	new	new	ADJ
cblr-2902	706	46	unsecured	unsecured	ADJ
cblr-2902	706	47	debt	debt	NOUN
cblr-2902	706	48	.	.	PUNCT
cblr-2902	707	1	13	13	NUM
cblr-2902	707	2	"	"	PUNCT
cblr-2902	707	3	the	the	DET
cblr-2902	707	4	court	court	NOUN
cblr-2902	707	5	interpreted	interpret	VERB
cblr-2902	707	6	equity	equity	NOUN
cblr-2902	707	7	market	market	NOUN
cblr-2902	707	8	prices	price	NOUN
cblr-2902	707	9	and	and	CCONJ
cblr-2902	707	10	bond	bond	NOUN
cblr-2902	707	11	market	market	NOUN
cblr-2902	707	12	receptivity	receptivity	NOUN
cblr-2902	707	13	as	as	ADP
cblr-2902	707	14	a	a	DET
cblr-2902	707	15	judgment	judgment	NOUN
cblr-2902	707	16	by	by	ADP
cblr-2902	707	17	the	the	DET
cblr-2902	707	18	capital	capital	NOUN
cblr-2902	707	19	markets	market	NOUN
cblr-2902	707	20	that	that	PRON
cblr-2902	707	21	vfi	vfi	NOUN
cblr-2902	707	22	was	be	AUX
cblr-2902	707	23	solvent	solvent	ADJ
cblr-2902	707	24	as	as	ADP
cblr-2902	707	25	of	of	ADP
cblr-2902	707	26	the	the	DET
cblr-2902	707	27	date	date	NOUN
cblr-2902	707	28	of	of	ADP
cblr-2902	707	29	the	the	DET
cblr-2902	707	30	spin	spin	NOUN
cblr-2902	707	31	-	-	PUNCT
cblr-2902	707	32	off	off	NOUN
cblr-2902	707	33	,	,	PUNCT
cblr-2902	707	34	and	and	CCONJ
cblr-2902	707	35	therefore	therefore	ADV
cblr-2902	707	36	concluded	conclude	VERB
cblr-2902	707	37	the	the	DET
cblr-2902	707	38	spin	spin	NOUN
cblr-2902	707	39	-	-	PUNCT
cblr-2902	707	40	off	off	NOUN
cblr-2902	707	41	could	could	AUX
cblr-2902	707	42	not	not	PART
cblr-2902	707	43	be	be	AUX
cblr-2902	707	44	avoided	avoid	VERB
cblr-2902	707	45	as	as	ADP
cblr-2902	707	46	a	a	DET
cblr-2902	707	47	fraudulent	fraudulent	ADJ
cblr-2902	707	48	transfer	transfer	NOUN
cblr-2902	707	49	.	.	PUNCT
cblr-2902	708	1	the	the	DET
cblr-2902	708	2	court	court	NOUN
cblr-2902	708	3	suggested	suggest	VERB
cblr-2902	708	4	that	that	SCONJ
cblr-2902	708	5	the	the	DET
cblr-2902	708	6	point	point	NOUN
cblr-2902	708	7	at	at	ADP
cblr-2902	708	8	which	which	PRON
cblr-2902	708	9	the	the	DET
cblr-2902	708	10	debtor	debtor	NOUN
cblr-2902	708	11	became	become	VERB
cblr-2902	708	12	insolvent	insolvent	ADJ
cblr-2902	708	13	could	could	AUX
cblr-2902	708	14	be	be	AUX
cblr-2902	708	15	determined	determine	VERB
cblr-2902	708	16	based	base	VERB
cblr-2902	708	17	on	on	ADP
cblr-2902	708	18	the	the	DET
cblr-2902	708	19	time	time	NOUN
cblr-2902	708	20	when	when	SCONJ
cblr-2902	708	21	the	the	DET
cblr-2902	708	22	debtor	debtor	NOUN
cblr-2902	708	23	's	's	PART
cblr-2902	708	24	bonds	bond	NOUN
cblr-2902	708	25	began	begin	VERB
cblr-2902	708	26	trading	trade	VERB
cblr-2902	708	27	below	below	ADP
cblr-2902	708	28	par	par	NOUN
cblr-2902	708	29	value	value	NOUN
cblr-2902	708	30	.	.	PUNCT
cblr-2902	709	1	note	note	VERB
cblr-2902	709	2	that	that	SCONJ
cblr-2902	709	3	at	at	ADP
cblr-2902	709	4	the	the	DET
cblr-2902	709	5	time	time	NOUN
cblr-2902	709	6	vfi	vfi	NOUN
cblr-2902	709	7	filed	file	VERB
cblr-2902	709	8	for	for	ADP
cblr-2902	709	9	bankruptcy	bankruptcy	NOUN
cblr-2902	709	10	,	,	PUNCT
cblr-2902	709	11	bonds	bond	NOUN
cblr-2902	709	12	were	be	AUX
cblr-2902	709	13	generally	generally	ADV
cblr-2902	709	14	traded	trade	VERB
cblr-2902	709	15	on	on	ADP
cblr-2902	709	16	over	over	ADP
cblr-2902	709	17	-	-	PUNCT
cblr-2902	709	18	the	the	DET
cblr-2902	709	19	-	-	PUNCT
cblr-2902	709	20	counter	counter	NOUN
cblr-2902	709	21	markets	market	NOUN
cblr-2902	709	22	with	with	ADP
cblr-2902	709	23	very	very	ADV
cblr-2902	709	24	little	little	ADJ
cblr-2902	709	25	public	public	ADJ
cblr-2902	709	26	disclosure	disclosure	NOUN
cblr-2902	709	27	of	of	ADP
cblr-2902	709	28	transaction	transaction	NOUN
cblr-2902	709	29	pricing	pricing	NOUN
cblr-2902	709	30	or	or	CCONJ
cblr-2902	709	31	trade	trade	NOUN
cblr-2902	709	32	volumes"unlike	volumes"unlike	VERB
cblr-2902	709	33	the	the	DET
cblr-2902	709	34	liquid	liquid	NOUN
cblr-2902	709	35	,	,	PUNCT
cblr-2902	709	36	transparent	transparent	ADJ
cblr-2902	709	37	,	,	PUNCT
cblr-2902	709	38	exchange	exchange	NOUN
cblr-2902	709	39	-	-	PUNCT
cblr-2902	709	40	traded	trade	VERB
cblr-2902	709	41	stock	stock	NOUN
cblr-2902	709	42	markets	market	NOUN
cblr-2902	709	43	discussed	discuss	VERB
cblr-2902	709	44	by	by	ADP
cblr-2902	709	45	the	the	DET
cblr-2902	709	46	supreme	supreme	PROPN
cblr-2902	709	47	court	court	PROPN
cblr-2902	709	48	in	in	ADP
cblr-2902	709	49	basic	basic	ADJ
cblr-2902	709	50	v.	v.	ADP
cblr-2902	709	51	levinson	levinson	PROPN
cblr-2902	709	52	.	.	PUNCT
cblr-2902	710	1	the	the	DET
cblr-2902	710	2	court	court	NOUN
cblr-2902	710	3	nevertheless	nevertheless	ADV
cblr-2902	710	4	deferred	defer	VERB
cblr-2902	710	5	to	to	PART
cblr-2902	710	6	bond	bond	VERB
cblr-2902	710	7	market	market	NOUN
cblr-2902	710	8	prices	price	NOUN
cblr-2902	710	9	.	.	PUNCT
cblr-2902	711	1	2	2	X
cblr-2902	711	2	.	.	X
cblr-2902	711	3	in	in	ADP
cblr-2902	711	4	re	re	ADJ
cblr-2902	711	5	iridium	iridium	NOUN
cblr-2902	711	6	operating	operate	VERB
cblr-2902	711	7	llc	llc	PROPN
cblr-2902	711	8	the	the	DET
cblr-2902	711	9	third	third	ADJ
cblr-2902	711	10	circuit	circuit	NOUN
cblr-2902	711	11	's	's	PART
cblr-2902	711	12	reasoning	reasoning	NOUN
cblr-2902	711	13	in	in	ADP
cblr-2902	711	14	vfb	vfb	PROPN
cblr-2902	711	15	,	,	PUNCT
cblr-2902	711	16	that	that	SCONJ
cblr-2902	711	17	market	market	NOUN
cblr-2902	711	18	prices	price	NOUN
cblr-2902	711	19	are	be	AUX
cblr-2902	711	20	the	the	DET
cblr-2902	711	21	best	good	ADJ
cblr-2902	711	22	indicator	indicator	NOUN
cblr-2902	711	23	of	of	ADP
cblr-2902	711	24	valuation	valuation	NOUN
cblr-2902	711	25	and	and	CCONJ
cblr-2902	711	26	solvency	solvency	NOUN
cblr-2902	711	27	,	,	PUNCT
cblr-2902	711	28	was	be	AUX
cblr-2902	711	29	accepted	accept	VERB
cblr-2902	711	30	and	and	CCONJ
cblr-2902	711	31	extended	extend	VERB
cblr-2902	711	32	by	by	ADP
cblr-2902	711	33	the	the	DET
cblr-2902	711	34	bankruptcy	bankruptcy	NOUN
cblr-2902	711	35	court	court	NOUN
cblr-2902	711	36	in	in	ADP
cblr-2902	711	37	in	in	ADP
cblr-2902	711	38	re	re	PROPN
cblr-2902	711	39	i	i	PROPN
cblr-2902	711	40	d.	d.	PROPN
cblr-2902	711	41	at	at	ADP
cblr-2902	711	42	628	628	NUM
cblr-2902	711	43	.	.	PUNCT
cblr-2902	712	1	'	'	NUM
cblr-2902	712	2	38	38	NUM
cblr-2902	713	1	i	i	PRON
cblr-2902	713	2	d.	d.	NOUN
cblr-2902	713	3	at	at	ADP
cblr-2902	713	4	628	628	NUM
cblr-2902	713	5	-	-	SYM
cblr-2902	713	6	29	29	NUM
cblr-2902	713	7	.	.	PUNCT
cblr-2902	713	8	139	139	NUM
cblr-2902	714	1	i	i	PRON
cblr-2902	714	2	d.	d.	NOUN
cblr-2902	714	3	at	at	ADP
cblr-2902	714	4	633	633	NUM
cblr-2902	714	5	.	.	PUNCT
cblr-2902	715	1	14	14	NUM
cblr-2902	715	2	bond	bond	NOUN
cblr-2902	715	3	markets	market	NOUN
cblr-2902	715	4	became	become	VERB
cblr-2902	715	5	far	far	ADV
cblr-2902	715	6	more	more	ADV
cblr-2902	715	7	transparent	transparent	ADJ
cblr-2902	715	8	in	in	ADP
cblr-2902	715	9	the	the	DET
cblr-2902	715	10	mid	mid	ADJ
cblr-2902	715	11	2000s	2000	NOUN
cblr-2902	715	12	due	due	ADP
cblr-2902	715	13	to	to	ADP
cblr-2902	715	14	mandatory	mandatory	ADJ
cblr-2902	715	15	disclosure	disclosure	NOUN
cblr-2902	715	16	through	through	ADP
cblr-2902	715	17	the	the	DET
cblr-2902	715	18	trade	trade	NOUN
cblr-2902	715	19	reporting	reporting	NOUN
cblr-2902	715	20	and	and	CCONJ
cblr-2902	715	21	compliance	compliance	NOUN
cblr-2902	715	22	engine	engine	NOUN
cblr-2902	715	23	(	(	PUNCT
cblr-2902	715	24	trace	trace	NOUN
cblr-2902	715	25	)	)	PUNCT
cblr-2902	715	26	.	.	PUNCT
cblr-2902	716	1	trace	trace	NOUN
cblr-2902	716	2	initially	initially	ADV
cblr-2902	716	3	covered	cover	VERB
cblr-2902	716	4	500	500	NUM
cblr-2902	716	5	bonds	bond	NOUN
cblr-2902	716	6	in	in	ADP
cblr-2902	716	7	july	july	PROPN
cblr-2902	716	8	2002	2002	NUM
cblr-2902	716	9	,	,	PUNCT
cblr-2902	716	10	expanded	expand	VERB
cblr-2902	716	11	to	to	PART
cblr-2902	716	12	cover	cover	VERB
cblr-2902	716	13	4,600	4,600	NUM
cblr-2902	716	14	bonds	bond	NOUN
cblr-2902	716	15	in	in	ADP
cblr-2902	716	16	april	april	PROPN
cblr-2902	716	17	2003	2003	NUM
cblr-2902	716	18	,	,	PUNCT
cblr-2902	716	19	then	then	ADV
cblr-2902	716	20	expanded	expand	VERB
cblr-2902	716	21	to	to	ADP
cblr-2902	716	22	17,000	17,000	NUM
cblr-2902	716	23	bonds	bond	NOUN
cblr-2902	716	24	in	in	ADP
cblr-2902	716	25	october	october	PROPN
cblr-2902	716	26	2004	2004	NUM
cblr-2902	716	27	,	,	PUNCT
cblr-2902	716	28	and	and	CCONJ
cblr-2902	716	29	finally	finally	ADV
cblr-2902	716	30	expanded	expand	VERB
cblr-2902	716	31	to	to	ADP
cblr-2902	716	32	full	full	ADJ
cblr-2902	716	33	coverage	coverage	NOUN
cblr-2902	716	34	of	of	ADP
cblr-2902	716	35	virtually	virtually	ADV
cblr-2902	716	36	all	all	PRON
cblr-2902	716	37	corporate	corporate	ADJ
cblr-2902	716	38	bonds	bond	NOUN
cblr-2902	716	39	-	-	PUNCT
cblr-2902	716	40	approximately	approximately	ADV
cblr-2902	716	41	29,000	29,000	NUM
cblr-2902	716	42	bonds	bond	NOUN
cblr-2902	716	43	-	-	PUNCT
cblr-2902	716	44	in	in	ADP
cblr-2902	716	45	february	february	PROPN
cblr-2902	716	46	2005	2005	NUM
cblr-2902	716	47	.	.	PUNCT
cblr-2902	717	1	see	see	VERB
cblr-2902	717	2	news	news	NOUN
cblr-2902	717	3	release	release	NOUN
cblr-2902	717	4	,	,	PUNCT
cblr-2902	717	5	nasd	nasd	NOUN
cblr-2902	717	6	's	's	PART
cblr-2902	717	7	fully	fully	ADV
cblr-2902	717	8	implemented	implement	VERB
cblr-2902	717	9	"	"	PUNCT
cblr-2902	717	10	trace	trace	NOUN
cblr-2902	717	11	"	"	PUNCT
cblr-2902	717	12	brings	bring	VERB
cblr-2902	717	13	unprecedented	unprecedented	ADJ
cblr-2902	717	14	transparency	transparency	NOUN
cblr-2902	717	15	to	to	ADP
cblr-2902	717	16	corporate	corporate	ADJ
cblr-2902	717	17	bond	bond	NOUN
cblr-2902	717	18	market	market	NOUN
cblr-2902	717	19	(	(	PUNCT
cblr-2902	717	20	feb	feb	PROPN
cblr-2902	717	21	.	.	PROPN
cblr-2902	717	22	7	7	NUM
cblr-2902	717	23	,	,	PUNCT
cblr-2902	717	24	2005	2005	NUM
cblr-2902	717	25	)	)	PUNCT
cblr-2902	717	26	,	,	PUNCT
cblr-2902	717	27	http://www.finra	http://www.finra	NOUN
cblr-2902	717	28	.	.	PUNCT
cblr-2902	718	1	org	org	ADJ
cblr-2902	718	2	/	/	SYM
cblr-2902	718	3	newsroom	newsroom	NOUN
cblr-2902	718	4	/	/	SYM
cblr-2902	718	5	newsreleases/2005	newsreleases/2005	PROPN
cblr-2902	718	6	/	/	SYM
cblr-2902	718	7	p013274	p013274	PROPN
cblr-2902	718	8	.	.	PUNCT
cblr-2902	718	9	col	col	PROPN
cblr-2902	718	10	umbfia	umbfia	PROPN
cblr-2902	719	1	b	b	PROPN
cblr-2902	719	2	usiness	usiness	PROPN
cblr-2902	719	3	la	la	PROPN
cblr-2902	719	4	w	w	PROPN
cblr-2902	719	5	re	re	PROPN
cblr-2902	719	6	vie	vie	PROPN
cblr-2902	719	7	w	w	PROPN
cblr-2902	720	1	[	[	X
cblr-2902	720	2	vol	vol	NOUN
cblr-2902	720	3	.	.	NOUN
cblr-2902	720	4	2011160	2011160	NUM
cblr-2902	720	5	iridium	iridium	NOUN
cblr-2902	720	6	operating	operate	VERB
cblr-2902	720	7	llc.14	llc.14	ADV
cblr-2902	720	8	1	1	NUM
cblr-2902	720	9	iridium	iridium	NOUN
cblr-2902	720	10	is	be	AUX
cblr-2902	720	11	noteworthy	noteworthy	ADJ
cblr-2902	720	12	because	because	SCONJ
cblr-2902	720	13	judge	judge	NOUN
cblr-2902	720	14	peck	peck	PROPN
cblr-2902	720	15	resisted	resist	VERB
cblr-2902	720	16	the	the	DET
cblr-2902	720	17	temptation	temptation	NOUN
cblr-2902	720	18	to	to	ADP
cblr-2902	720	19	second	second	ADJ
cblr-2902	720	20	-	-	PUNCT
cblr-2902	720	21	guess	guess	NOUN
cblr-2902	720	22	market	market	NOUN
cblr-2902	720	23	participants	participant	NOUN
cblr-2902	720	24	'	'	PART
cblr-2902	720	25	contemporaneous	contemporaneous	ADJ
cblr-2902	720	26	judgments	judgment	NOUN
cblr-2902	720	27	,	,	PUNCT
cblr-2902	720	28	even	even	ADV
cblr-2902	720	29	though	though	SCONJ
cblr-2902	720	30	the	the	DET
cblr-2902	720	31	market	market	NOUN
cblr-2902	720	32	was	be	AUX
cblr-2902	720	33	so	so	ADV
cblr-2902	720	34	bad	bad	ADJ
cblr-2902	720	35	at	at	ADP
cblr-2902	720	36	predicting	predict	VERB
cblr-2902	720	37	the	the	DET
cblr-2902	720	38	future	future	ADJ
cblr-2902	720	39	performance	performance	NOUN
cblr-2902	720	40	of	of	ADP
cblr-2902	720	41	the	the	DET
cblr-2902	720	42	debtor	debtor	NOUN
cblr-2902	720	43	that	that	PRON
cblr-2902	720	44	the	the	DET
cblr-2902	720	45	market	market	NOUN
cblr-2902	720	46	's	's	PART
cblr-2902	720	47	valuation	valuation	NOUN
cblr-2902	720	48	in	in	ADP
cblr-2902	720	49	this	this	DET
cblr-2902	720	50	instance	instance	NOUN
cblr-2902	720	51	seems	seem	VERB
cblr-2902	720	52	almost	almost	ADV
cblr-2902	720	53	absurd	absurd	ADJ
cblr-2902	720	54	-	-	PUNCT
cblr-2902	720	55	at	at	ADP
cblr-2902	720	56	least	least	ADJ
cblr-2902	720	57	with	with	ADP
cblr-2902	720	58	the	the	DET
cblr-2902	720	59	benefit	benefit	NOUN
cblr-2902	720	60	of	of	ADP
cblr-2902	720	61	hindsight.1	hindsight.1	PROPN
cblr-2902	720	62	42	42	NUM
cblr-2902	720	63	the	the	DET
cblr-2902	720	64	court	court	NOUN
cblr-2902	720	65	focused	focus	VERB
cblr-2902	720	66	not	not	PART
cblr-2902	720	67	on	on	ADP
cblr-2902	720	68	whether	whether	SCONJ
cblr-2902	720	69	the	the	DET
cblr-2902	720	70	market	market	NOUN
cblr-2902	720	71	was	be	AUX
cblr-2902	720	72	a	a	DET
cblr-2902	720	73	good	good	ADJ
cblr-2902	720	74	predictor	predictor	NOUN
cblr-2902	720	75	of	of	ADP
cblr-2902	720	76	the	the	DET
cblr-2902	720	77	future	future	NOUN
cblr-2902	720	78	in	in	ADP
cblr-2902	720	79	this	this	DET
cblr-2902	720	80	particular	particular	ADJ
cblr-2902	720	81	instance	instance	NOUN
cblr-2902	720	82	,	,	PUNCT
cblr-2902	720	83	but	but	CCONJ
cblr-2902	720	84	on	on	ADP
cblr-2902	720	85	whether	whether	SCONJ
cblr-2902	720	86	the	the	DET
cblr-2902	720	87	market	market	NOUN
cblr-2902	720	88	was	be	AUX
cblr-2902	720	89	"	"	PUNCT
cblr-2902	720	90	reasonably	reasonably	ADV
cblr-2902	720	91	well	well	ADV
cblr-2902	720	92	informed	informed	ADJ
cblr-2902	720	93	as	as	ADP
cblr-2902	720	94	to	to	ADP
cblr-2902	720	95	[	[	PUNCT
cblr-2902	720	96	the	the	DET
cblr-2902	720	97	debtor	debtor	NOUN
cblr-2902	720	98	's	's	PART
cblr-2902	720	99	]	]	PUNCT
cblr-2902	720	100	operating	operating	NOUN
cblr-2902	720	101	characteristics	characteristic	NOUN
cblr-2902	720	102	and	and	CCONJ
cblr-2902	720	103	constraints	constraint	NOUN
cblr-2902	720	104	....	....	PUNCT
cblr-2902	721	1	the	the	DET
cblr-2902	721	2	key	key	ADJ
cblr-2902	721	3	facts	fact	NOUN
cblr-2902	721	4	of	of	ADP
cblr-2902	721	5	iridium	iridium	NOUN
cblr-2902	721	6	,	,	PUNCT
cblr-2902	721	7	as	as	SCONJ
cblr-2902	721	8	described	describe	VERB
cblr-2902	721	9	in	in	ADP
cblr-2902	721	10	the	the	DET
cblr-2902	721	11	opinion	opinion	NOUN
cblr-2902	721	12	,	,	PUNCT
cblr-2902	721	13	are	be	AUX
cblr-2902	721	14	as	as	SCONJ
cblr-2902	721	15	follows	follow	VERB
cblr-2902	721	16	:	:	PUNCT
cblr-2902	721	17	in	in	ADP
cblr-2902	721	18	1990	1990	NUM
cblr-2902	721	19	,	,	PUNCT
cblr-2902	721	20	motorola	motorola	PROPN
cblr-2902	721	21	established	establish	VERB
cblr-2902	721	22	a	a	DET
cblr-2902	721	23	satellite	satellite	NOUN
cblr-2902	721	24	communications	communication	NOUN
cblr-2902	721	25	division	division	NOUN
cblr-2902	721	26	to	to	PART
cblr-2902	721	27	design	design	VERB
cblr-2902	721	28	,	,	PUNCT
cblr-2902	721	29	develop	develop	VERB
cblr-2902	721	30	,	,	PUNCT
cblr-2902	721	31	and	and	CCONJ
cblr-2902	721	32	implement	implement	VERB
cblr-2902	721	33	a	a	DET
cblr-2902	721	34	commercially	commercially	ADV
cblr-2902	721	35	viable	viable	ADJ
cblr-2902	721	36	satellite	satellite	NOUN
cblr-2902	721	37	-	-	PUNCT
cblr-2902	721	38	based	base	VERB
cblr-2902	721	39	phone	phone	NOUN
cblr-2902	721	40	system	system	NOUN
cblr-2902	721	41	that	that	PRON
cblr-2902	721	42	would	would	AUX
cblr-2902	721	43	provide	provide	VERB
cblr-2902	721	44	worldwide	worldwide	ADJ
cblr-2902	721	45	coverage	coverage	NOUN
cblr-2902	721	46	using	use	VERB
cblr-2902	721	47	a	a	DET
cblr-2902	721	48	handheld	handheld	NOUN
cblr-2902	721	49	,	,	PUNCT
cblr-2902	721	50	portable	portable	ADJ
cblr-2902	721	51	device.14	device.14	NOUN
cblr-2902	721	52	in	in	ADP
cblr-2902	721	53	the	the	DET
cblr-2902	721	54	early	early	ADJ
cblr-2902	721	55	1990s	1990	NOUN
cblr-2902	721	56	,	,	PUNCT
cblr-2902	721	57	motorola	motorola	PROPN
cblr-2902	721	58	transferred	transfer	VERB
cblr-2902	721	59	ownership	ownership	NOUN
cblr-2902	721	60	of	of	ADP
cblr-2902	721	61	the	the	DET
cblr-2902	721	62	iridium	iridium	NOUN
cblr-2902	721	63	system	system	NOUN
cblr-2902	721	64	to	to	ADP
cblr-2902	721	65	iridium	iridium	PROPN
cblr-2902	721	66	,	,	PUNCT
cblr-2902	721	67	inc	inc	PROPN
cblr-2902	721	68	.	.	PROPN
cblr-2902	722	1	(	(	PUNCT
cblr-2902	722	2	later	later	PROPN
cblr-2902	722	3	iridium	iridium	PROPN
cblr-2902	722	4	llc	llc	PROPN
cblr-2902	722	5	)	)	PUNCT
cblr-2902	722	6	,	,	PUNCT
cblr-2902	722	7	and	and	CCONJ
cblr-2902	722	8	ultimately	ultimately	ADV
cblr-2902	722	9	to	to	ADP
cblr-2902	722	10	a	a	DET
cblr-2902	722	11	group	group	NOUN
cblr-2902	722	12	of	of	ADP
cblr-2902	722	13	private	private	ADJ
cblr-2902	722	14	investors	investor	NOUN
cblr-2902	722	15	who	who	PRON
cblr-2902	722	16	bought	buy	VERB
cblr-2902	722	17	shares	share	NOUN
cblr-2902	722	18	in	in	ADP
cblr-2902	722	19	iridium	iridium	PROPN
cblr-2902	722	20	,	,	PUNCT
cblr-2902	722	21	inc	inc	PROPN
cblr-2902	722	22	.	.	PROPN
cblr-2902	722	23	through	through	ADP
cblr-2902	722	24	private	private	ADJ
cblr-2902	722	25	placements	placement	NOUN
cblr-2902	722	26	of	of	ADP
cblr-2902	722	27	equity	equity	NOUN
cblr-2902	722	28	.	.	PUNCT
cblr-2902	723	1	14	14	NUM
cblr-2902	723	2	5	5	NUM
cblr-2902	723	3	motorola	motorola	PROPN
cblr-2902	723	4	retained	retain	VERB
cblr-2902	723	5	a	a	DET
cblr-2902	723	6	significant	significant	ADJ
cblr-2902	723	7	equity	equity	NOUN
cblr-2902	723	8	stake	stake	NOUN
cblr-2902	723	9	,	,	PUNCT
cblr-2902	723	10	seats	seat	NOUN
cblr-2902	723	11	on	on	ADP
cblr-2902	723	12	the	the	DET
cblr-2902	723	13	board	board	NOUN
cblr-2902	723	14	,	,	PUNCT
cblr-2902	723	15	and	and	CCONJ
cblr-2902	723	16	,	,	PUNCT
cblr-2902	723	17	through	through	ADP
cblr-2902	723	18	a	a	DET
cblr-2902	723	19	series	series	NOUN
cblr-2902	723	20	of	of	ADP
cblr-2902	723	21	contracts	contract	NOUN
cblr-2902	723	22	,	,	PUNCT
cblr-2902	723	23	the	the	DET
cblr-2902	723	24	rights	right	NOUN
cblr-2902	723	25	to	to	PART
cblr-2902	723	26	design	design	VERB
cblr-2902	723	27	,	,	PUNCT
cblr-2902	723	28	develop	develop	VERB
cblr-2902	723	29	,	,	PUNCT
cblr-2902	723	30	and	and	CCONJ
cblr-2902	723	31	sell	sell	VERB
cblr-2902	723	32	critical	critical	ADJ
cblr-2902	723	33	parts	part	NOUN
cblr-2902	723	34	of	of	ADP
cblr-2902	723	35	the	the	DET
cblr-2902	723	36	iridium	iridium	NOUN
cblr-2902	723	37	system	system	NOUN
cblr-2902	723	38	.	.	PUNCT
cblr-2902	724	1	14	14	NUM
cblr-2902	724	2	6	6	NUM
cblr-2902	724	3	in	in	ADP
cblr-2902	724	4	the	the	DET
cblr-2902	724	5	late	late	ADJ
cblr-2902	724	6	1990s	1990	NOUN
cblr-2902	724	7	,	,	PUNCT
cblr-2902	724	8	an	an	DET
cblr-2902	724	9	iridium	iridium	NOUN
cblr-2902	724	10	entity	entity	NOUN
cblr-2902	724	11	raised	raise	VERB
cblr-2902	724	12	hundreds	hundred	NOUN
cblr-2902	724	13	of	of	ADP
cblr-2902	724	14	millions	million	NOUN
cblr-2902	724	15	in	in	ADP
cblr-2902	724	16	equity	equity	NOUN
cblr-2902	724	17	through	through	ADP
cblr-2902	724	18	an	an	DET
cblr-2902	724	19	initial	initial	ADJ
cblr-2902	724	20	public	public	ADJ
cblr-2902	724	21	offering	offering	NOUN
cblr-2902	724	22	(	(	PUNCT
cblr-2902	724	23	ipo	ipo	NOUN
cblr-2902	724	24	)	)	PUNCT
cblr-2902	724	25	and	and	CCONJ
cblr-2902	724	26	subsequent	subsequent	ADJ
cblr-2902	724	27	sales	sale	NOUN
cblr-2902	724	28	to	to	ADP
cblr-2902	724	29	the	the	DET
cblr-2902	724	30	public	public	NOUN
cblr-2902	724	31	.	.	PUNCT
cblr-2902	725	1	147	147	NUM
cblr-2902	725	2	pursuant	pursuant	ADJ
cblr-2902	725	3	to	to	ADP
cblr-2902	725	4	iridium	iridium	NOUN
cblr-2902	725	5	's	's	PART
cblr-2902	725	6	contracts	contract	NOUN
cblr-2902	725	7	with	with	ADP
cblr-2902	725	8	motorola	motorola	PROPN
cblr-2902	725	9	,	,	PUNCT
cblr-2902	725	10	iridium	iridium	PROPN
cblr-2902	725	11	paid	pay	VERB
cblr-2902	725	12	motorola	motorola	PROPN
cblr-2902	725	13	more	more	ADJ
cblr-2902	725	14	than	than	ADP
cblr-2902	725	15	$	$	SYM
cblr-2902	725	16	3.7	3.7	NUM
cblr-2902	725	17	billion	billion	NUM
cblr-2902	725	18	.	.	PUNCT
cblr-2902	726	1	"4	"4	NOUN
cblr-2902	726	2	'	'	PUNCT
cblr-2902	726	3	to	to	PART
cblr-2902	726	4	help	help	VERB
cblr-2902	726	5	finance	finance	VERB
cblr-2902	726	6	the	the	DET
cblr-2902	726	7	development	development	NOUN
cblr-2902	726	8	of	of	ADP
cblr-2902	726	9	the	the	DET
cblr-2902	726	10	iridium	iridium	NOUN
cblr-2902	726	11	system	system	NOUN
cblr-2902	726	12	,	,	PUNCT
cblr-2902	726	13	iridium	iridium	NOUN
cblr-2902	726	14	borrowed	borrow	VERB
cblr-2902	726	15	14	14	NUM
cblr-2902	726	16	in	in	ADP
cblr-2902	726	17	re	re	PROPN
cblr-2902	726	18	iridium	iridium	PROPN
cblr-2902	726	19	capital	capital	PROPN
cblr-2902	726	20	corp	corp	PROPN
cblr-2902	726	21	.	.	PROPN
cblr-2902	726	22	v.	v.	PROPN
cblr-2902	726	23	motorola	motorola	PROPN
cblr-2902	726	24	,	,	PUNCT
cblr-2902	726	25	inc	inc	PROPN
cblr-2902	726	26	.	.	PROPN
cblr-2902	727	1	(	(	PUNCT
cblr-2902	727	2	in	in	ADP
cblr-2902	727	3	re	re	X
cblr-2902	727	4	iridium	iridium	NOUN
cblr-2902	727	5	operating	operate	VERB
cblr-2902	727	6	)	)	PUNCT
cblr-2902	727	7	,	,	PUNCT
cblr-2902	727	8	373	373	NUM
cblr-2902	727	9	b.r	b.r	PROPN
cblr-2902	727	10	.	.	PROPN
cblr-2902	727	11	283	283	NUM
cblr-2902	727	12	,	,	PUNCT
cblr-2902	727	13	291	291	NUM
cblr-2902	727	14	,	,	PUNCT
cblr-2902	727	15	352	352	NUM
cblr-2902	727	16	(	(	PUNCT
cblr-2902	727	17	bankr	bankr	PROPN
cblr-2902	727	18	.	.	PUNCT
cblr-2902	728	1	s.d.n.y	s.d.n.y	PROPN
cblr-2902	728	2	.	.	PROPN
cblr-2902	728	3	2007	2007	NUM
cblr-2902	728	4	)	)	PUNCT
cblr-2902	728	5	.	.	PUNCT
cblr-2902	729	1	142	142	NUM
cblr-2902	730	1	i	i	PRON
cblr-2902	730	2	d.	d.	VERB
cblr-2902	730	3	at	at	ADP
cblr-2902	730	4	292	292	NUM
cblr-2902	730	5	-	-	SYM
cblr-2902	730	6	93	93	NUM
cblr-2902	730	7	.	.	PUNCT
cblr-2902	731	1	143	143	NUM
cblr-2902	731	2	i	i	PRON
cblr-2902	731	3	d.	d.	PROPN
cblr-2902	731	4	at	at	ADP
cblr-2902	731	5	293	293	NUM
cblr-2902	731	6	.	.	PUNCT
cblr-2902	731	7	"	"	PUNCT
cblr-2902	732	1	i	i	PRON
cblr-2902	732	2	d.	d.	PROPN
cblr-2902	732	3	at	at	ADP
cblr-2902	732	4	305	305	NUM
cblr-2902	732	5	.	.	PUNCT
cblr-2902	733	1	i	i	PRON
cblr-2902	733	2	d.	d.	PROPN
cblr-2902	733	3	at	at	ADP
cblr-2902	733	4	305	305	NUM
cblr-2902	733	5	.	.	PUNCT
cblr-2902	733	6	'	'	PUNCT
cblr-2902	734	1	i	i	PRON
cblr-2902	734	2	d.	d.	VERB
cblr-2902	734	3	at	at	ADP
cblr-2902	734	4	305	305	NUM
cblr-2902	734	5	-	-	SYM
cblr-2902	734	6	06	06	NUM
cblr-2902	734	7	.	.	PUNCT
cblr-2902	735	1	147	147	NUM
cblr-2902	736	1	i	i	PRON
cblr-2902	736	2	d.	d.	PROPN
cblr-2902	736	3	at	at	ADP
cblr-2902	736	4	329	329	NUM
cblr-2902	736	5	-	-	SYM
cblr-2902	736	6	30	30	NUM
cblr-2902	736	7	.	.	PUNCT
cblr-2902	736	8	18	18	NUM
cblr-2902	736	9	i	i	PROPN
cblr-2902	736	10	d.	d.	PROPN
cblr-2902	736	11	at	at	ADP
cblr-2902	736	12	290	290	NUM
cblr-2902	736	13	.	.	PUNCT
cblr-2902	737	1	no	no	INTJ
cblr-2902	737	2	.	.	NOUN
cblr-2902	738	1	1	1	NUM
cblr-2902	738	2	:	:	SYM
cblr-2902	738	3	118	118	NUM
cblr-2902	738	4	]	]	PUNCT
cblr-2902	738	5	le	le	X
cblr-2902	738	6	vera	vera	NOUN
cblr-2902	738	7	ged	ge	VERB
cblr-2902	738	8	b	b	PROPN
cblr-2902	738	9	uyo	uyo	PROPN
cblr-2902	738	10	ut	ut	PROPN
cblr-2902	738	11	bankr	bankr	PROPN
cblr-2902	738	12	uptcies	uptcie	NOUN
cblr-2902	738	13	161	161	NUM
cblr-2902	738	14	billions	billion	NOUN
cblr-2902	738	15	of	of	ADP
cblr-2902	738	16	dollars	dollar	NOUN
cblr-2902	738	17	.	.	PUNCT
cblr-2902	739	1	"	"	PUNCT
cblr-2902	739	2	'	'	PUNCT
cblr-2902	739	3	some	some	PRON
cblr-2902	739	4	,	,	PUNCT
cblr-2902	739	5	but	but	CCONJ
cblr-2902	739	6	not	not	PART
cblr-2902	739	7	all	all	PRON
cblr-2902	739	8	,	,	PUNCT
cblr-2902	739	9	of	of	ADP
cblr-2902	739	10	these	these	DET
cblr-2902	739	11	debts	debt	NOUN
cblr-2902	739	12	were	be	AUX
cblr-2902	739	13	guaranteed	guarantee	VERB
cblr-2902	739	14	by	by	ADP
cblr-2902	739	15	motorola	motorola	PROPN
cblr-2902	739	16	.	.	PUNCT
cblr-2902	740	1	throughout	throughout	ADP
cblr-2902	740	2	this	this	DET
cblr-2902	740	3	period	period	NOUN
cblr-2902	740	4	,	,	PUNCT
cblr-2902	740	5	stock	stock	NOUN
cblr-2902	740	6	market	market	NOUN
cblr-2902	740	7	valuations	valuation	NOUN
cblr-2902	740	8	and	and	CCONJ
cblr-2902	740	9	access	access	NOUN
cblr-2902	740	10	to	to	ADP
cblr-2902	740	11	credit	credit	NOUN
cblr-2902	740	12	(	(	PUNCT
cblr-2902	740	13	including	include	VERB
cblr-2902	740	14	secured	secure	VERB
cblr-2902	740	15	bank	bank	NOUN
cblr-2902	740	16	debt	debt	NOUN
cblr-2902	740	17	)	)	PUNCT
cblr-2902	740	18	suggested	suggest	VERB
cblr-2902	740	19	that	that	SCONJ
cblr-2902	740	20	iridium	iridium	NOUN
cblr-2902	740	21	was	be	AUX
cblr-2902	740	22	solvent	solvent	ADJ
cblr-2902	740	23	and	and	CCONJ
cblr-2902	740	24	had	have	VERB
cblr-2902	740	25	a	a	DET
cblr-2902	740	26	reasonably	reasonably	ADV
cblr-2902	740	27	bright	bright	ADJ
cblr-2902	740	28	future.5	future.5	PROPN
cblr-2902	740	29	0	0	NUM
cblr-2902	740	30	iridium	iridium	NOUN
cblr-2902	740	31	entered	enter	VERB
cblr-2902	740	32	bankruptcy	bankruptcy	NOUN
cblr-2902	740	33	in	in	ADP
cblr-2902	740	34	1999	1999	NUM
cblr-2902	740	35	,	,	PUNCT
cblr-2902	740	36	less	less	ADJ
cblr-2902	740	37	than	than	ADP
cblr-2902	740	38	a	a	PRON
cblr-2902	740	39	year	year	NOUN
cblr-2902	740	40	after	after	ADP
cblr-2902	740	41	the	the	DET
cblr-2902	740	42	commercial	commercial	ADJ
cblr-2902	740	43	launch	launch	NOUN
cblr-2902	740	44	of	of	ADP
cblr-2902	740	45	the	the	DET
cblr-2902	740	46	system	system	NOUN
cblr-2902	740	47	.	.	PUNCT
cblr-2902	741	1	subscriptions	subscription	NOUN
cblr-2902	741	2	were	be	AUX
cblr-2902	741	3	far	far	ADV
cblr-2902	741	4	below	below	ADP
cblr-2902	741	5	projections	projection	NOUN
cblr-2902	741	6	.	.	PUNCT
cblr-2902	742	1	the	the	DET
cblr-2902	742	2	disappointing	disappointing	ADJ
cblr-2902	742	3	results	result	NOUN
cblr-2902	742	4	may	may	AUX
cblr-2902	742	5	have	have	AUX
cblr-2902	742	6	been	be	AUX
cblr-2902	742	7	due	due	ADJ
cblr-2902	742	8	to	to	ADP
cblr-2902	742	9	technical	technical	ADJ
cblr-2902	742	10	limitations	limitation	NOUN
cblr-2902	742	11	of	of	ADP
cblr-2902	742	12	the	the	DET
cblr-2902	742	13	system	system	NOUN
cblr-2902	742	14	,	,	PUNCT
cblr-2902	742	15	such	such	ADJ
cblr-2902	742	16	as	as	ADP
cblr-2902	742	17	very	very	ADV
cblr-2902	742	18	large	large	ADJ
cblr-2902	742	19	and	and	CCONJ
cblr-2902	742	20	heavy	heavy	ADJ
cblr-2902	742	21	handsets	handset	NOUN
cblr-2902	742	22	and	and	CCONJ
cblr-2902	742	23	the	the	DET
cblr-2902	742	24	need	need	NOUN
cblr-2902	742	25	for	for	ADP
cblr-2902	742	26	a	a	DET
cblr-2902	742	27	direct	direct	ADJ
cblr-2902	742	28	line	line	NOUN
cblr-2902	742	29	of	of	ADP
cblr-2902	742	30	sight	sight	NOUN
cblr-2902	742	31	to	to	ADP
cblr-2902	742	32	the	the	DET
cblr-2902	742	33	satellite	satellite	NOUN
cblr-2902	742	34	(	(	PUNCT
cblr-2902	742	35	and	and	CCONJ
cblr-2902	742	36	therefore	therefore	ADV
cblr-2902	742	37	the	the	DET
cblr-2902	742	38	inability	inability	NOUN
cblr-2902	742	39	to	to	PART
cblr-2902	742	40	use	use	VERB
cblr-2902	742	41	the	the	DET
cblr-2902	742	42	system	system	NOUN
cblr-2902	742	43	reliably	reliably	ADV
cblr-2902	742	44	in	in	ADP
cblr-2902	742	45	urban	urban	ADJ
cblr-2902	742	46	environments).1	environments).1	NOUN
cblr-2902	742	47	"	"	PUNCT
cblr-2902	742	48	'	'	PUNCT
cblr-2902	742	49	the	the	DET
cblr-2902	742	50	failure	failure	NOUN
cblr-2902	742	51	may	may	AUX
cblr-2902	742	52	also	also	ADV
cblr-2902	742	53	have	have	AUX
cblr-2902	742	54	been	be	AUX
cblr-2902	742	55	due	due	ADJ
cblr-2902	742	56	to	to	ADP
cblr-2902	742	57	the	the	DET
cblr-2902	742	58	high	high	ADJ
cblr-2902	742	59	cost	cost	NOUN
cblr-2902	742	60	of	of	ADP
cblr-2902	742	61	subscriptions	subscription	NOUN
cblr-2902	742	62	and	and	CCONJ
cblr-2902	742	63	rapid	rapid	ADJ
cblr-2902	742	64	improvement	improvement	NOUN
cblr-2902	742	65	in	in	ADP
cblr-2902	742	66	competing	compete	VERB
cblr-2902	742	67	cellular	cellular	ADJ
cblr-2902	742	68	telephone	telephone	NOUN
cblr-2902	742	69	technology.152	technology.152	PROPN
cblr-2902	742	70	to	to	ADP
cblr-2902	742	71	anyone	anyone	PRON
cblr-2902	742	72	who	who	PRON
cblr-2902	742	73	has	have	AUX
cblr-2902	742	74	used	use	VERB
cblr-2902	742	75	a	a	DET
cblr-2902	742	76	mobile	mobile	ADJ
cblr-2902	742	77	telephone	telephone	NOUN
cblr-2902	742	78	in	in	ADP
cblr-2902	742	79	the	the	DET
cblr-2902	742	80	last	last	ADJ
cblr-2902	742	81	few	few	ADJ
cblr-2902	742	82	years	year	NOUN
cblr-2902	742	83	,	,	PUNCT
cblr-2902	742	84	it	it	PRON
cblr-2902	742	85	seems	seem	VERB
cblr-2902	742	86	obvious	obvious	ADJ
cblr-2902	742	87	that	that	SCONJ
cblr-2902	742	88	a	a	DET
cblr-2902	742	89	large	large	ADJ
cblr-2902	742	90	,	,	PUNCT
cblr-2902	742	91	heavy	heavy	ADJ
cblr-2902	742	92	,	,	PUNCT
cblr-2902	742	93	and	and	CCONJ
cblr-2902	742	94	expensive	expensive	ADJ
cblr-2902	742	95	device	device	NOUN
cblr-2902	742	96	that	that	PRON
cblr-2902	742	97	does	do	AUX
cblr-2902	742	98	not	not	PART
cblr-2902	742	99	work	work	VERB
cblr-2902	742	100	reliably	reliably	ADV
cblr-2902	742	101	inside	inside	ADP
cblr-2902	742	102	buildings	building	NOUN
cblr-2902	742	103	or	or	CCONJ
cblr-2902	742	104	moving	move	VERB
cblr-2902	742	105	cars	car	NOUN
cblr-2902	742	106	would	would	AUX
cblr-2902	742	107	not	not	PART
cblr-2902	742	108	be	be	AUX
cblr-2902	742	109	a	a	DET
cblr-2902	742	110	serious	serious	ADJ
cblr-2902	742	111	contender	contender	NOUN
cblr-2902	742	112	.	.	PUNCT
cblr-2902	743	1	however	however	ADV
cblr-2902	743	2	,	,	PUNCT
cblr-2902	743	3	in	in	ADP
cblr-2902	743	4	the	the	DET
cblr-2902	743	5	1990s	1990	NOUN
cblr-2902	743	6	when	when	SCONJ
cblr-2902	743	7	the	the	DET
cblr-2902	743	8	system	system	NOUN
cblr-2902	743	9	was	be	AUX
cblr-2902	743	10	developed	develop	VERB
cblr-2902	743	11	and	and	CCONJ
cblr-2902	743	12	competing	compete	VERB
cblr-2902	743	13	technologies	technology	NOUN
cblr-2902	743	14	were	be	AUX
cblr-2902	743	15	in	in	ADP
cblr-2902	743	16	their	their	PRON
cblr-2902	743	17	infancy	infancy	NOUN
cblr-2902	743	18	,	,	PUNCT
cblr-2902	743	19	this	this	PRON
cblr-2902	743	20	was	be	AUX
cblr-2902	743	21	far	far	ADV
cblr-2902	743	22	from	from	ADP
cblr-2902	743	23	obvious	obvious	ADJ
cblr-2902	743	24	to	to	ADP
cblr-2902	743	25	many	many	ADJ
cblr-2902	743	26	highly	highly	ADV
cblr-2902	743	27	intelligent	intelligent	ADJ
cblr-2902	743	28	and	and	CCONJ
cblr-2902	743	29	well	well	ADV
cblr-2902	743	30	-	-	PUNCT
cblr-2902	743	31	informed	inform	VERB
cblr-2902	743	32	market	market	NOUN
cblr-2902	743	33	participants	participant	NOUN
cblr-2902	743	34	.	.	PUNCT
cblr-2902	744	1	as	as	SCONJ
cblr-2902	744	2	judge	judge	PROPN
cblr-2902	744	3	peck	peck	PROPN
cblr-2902	744	4	explained	explain	VERB
cblr-2902	744	5	:	:	PUNCT
cblr-2902	744	6	the	the	DET
cblr-2902	744	7	fact	fact	NOUN
cblr-2902	744	8	that	that	SCONJ
cblr-2902	744	9	iridium	iridium	NOUN
cblr-2902	744	10	failed	fail	VERB
cblr-2902	744	11	in	in	ADP
cblr-2902	744	12	such	such	DET
cblr-2902	744	13	a	a	DET
cblr-2902	744	14	spectacular	spectacular	ADJ
cblr-2902	744	15	fashion	fashion	NOUN
cblr-2902	744	16	stands	stand	VERB
cblr-2902	744	17	out	out	ADP
cblr-2902	744	18	as	as	ADP
cblr-2902	744	19	a	a	DET
cblr-2902	744	20	disturbing	disturbing	ADJ
cblr-2902	744	21	counterpoint	counterpoint	NOUN
cblr-2902	744	22	to	to	ADP
cblr-2902	744	23	the	the	DET
cblr-2902	744	24	market	market	NOUN
cblr-2902	744	25	's	's	PART
cblr-2902	744	26	optimistic	optimistic	ADJ
cblr-2902	744	27	predictions	prediction	NOUN
cblr-2902	744	28	of	of	ADP
cblr-2902	744	29	present	present	ADJ
cblr-2902	744	30	and	and	CCONJ
cblr-2902	744	31	future	future	ADJ
cblr-2902	744	32	value	value	NOUN
cblr-2902	744	33	for	for	ADP
cblr-2902	744	34	iridium	iridium	NOUN
cblr-2902	744	35	,	,	PUNCT
cblr-2902	744	36	but	but	CCONJ
cblr-2902	744	37	in	in	ADP
cblr-2902	744	38	the	the	DET
cblr-2902	744	39	end	end	NOUN
cblr-2902	744	40	,	,	PUNCT
cblr-2902	744	41	the	the	DET
cblr-2902	744	42	market	market	NOUN
cblr-2902	744	43	evidence	evidence	NOUN
cblr-2902	744	44	could	could	AUX
cblr-2902	744	45	not	not	PART
cblr-2902	744	46	be	be	AUX
cblr-2902	744	47	denied	deny	VERB
cblr-2902	744	48	.	.	PUNCT
cblr-2902	745	1	the	the	DET
cblr-2902	745	2	capital	capital	NOUN
cblr-2902	745	3	markets	market	NOUN
cblr-2902	745	4	synthesized	synthesize	VERB
cblr-2902	745	5	and	and	CCONJ
cblr-2902	745	6	distilled	distil	VERB
cblr-2902	745	7	what	what	PRON
cblr-2902	745	8	all	all	DET
cblr-2902	745	9	the	the	DET
cblr-2902	745	10	smart	smart	ADJ
cblr-2902	745	11	people	people	NOUN
cblr-2902	745	12	of	of	ADP
cblr-2902	745	13	the	the	DET
cblr-2902	745	14	era	era	NOUN
cblr-2902	745	15	knew	know	VERB
cblr-2902	745	16	or	or	CCONJ
cblr-2902	745	17	believed	believe	VERB
cblr-2902	745	18	to	to	PART
cblr-2902	745	19	be	be	AUX
cblr-2902	745	20	true	true	ADJ
cblr-2902	745	21	about	about	ADP
cblr-2902	745	22	iridium	iridium	NOUN
cblr-2902	745	23	.	.	PUNCT
cblr-2902	746	1	given	give	VERB
cblr-2902	746	2	the	the	DET
cblr-2902	746	3	overwhelming	overwhelming	ADJ
cblr-2902	746	4	weight	weight	NOUN
cblr-2902	746	5	of	of	ADP
cblr-2902	746	6	that	that	DET
cblr-2902	746	7	market	market	NOUN
cblr-2902	746	8	evidence	evidence	NOUN
cblr-2902	746	9	,	,	PUNCT
cblr-2902	746	10	it	it	PRON
cblr-2902	746	11	may	may	AUX
cblr-2902	746	12	be	be	AUX
cblr-2902	746	13	that	that	SCONJ
cblr-2902	746	14	the	the	DET
cblr-2902	746	15	burden	burden	NOUN
cblr-2902	746	16	of	of	ADP
cblr-2902	746	17	proving	prove	VERB
cblr-2902	746	18	insolvency	insolvency	NOUN
cblr-2902	746	19	and	and	CCONJ
cblr-2902	746	20	unreasonably	unreasonably	ADV
cblr-2902	746	21	small	small	ADJ
cblr-2902	746	22	capital	capital	NOUN
cblr-2902	746	23	simply	simply	ADV
cblr-2902	746	24	could	could	AUX
cblr-2902	746	25	not	not	PART
cblr-2902	746	26	be	be	AUX
cblr-2902	746	27	met	meet	VERB
cblr-2902	746	28	under	under	ADP
cblr-2902	746	29	any	any	DET
cblr-2902	746	30	circumstances	circumstance	NOUN
cblr-2902	746	31	,	,	PUNCT
cblr-2902	746	32	149	149	NUM
cblr-2902	746	33	i	i	PRON
cblr-2902	746	34	d.	d.	VERB
cblr-2902	746	35	at	at	ADP
cblr-2902	746	36	320	320	NUM
cblr-2902	746	37	-	-	SYM
cblr-2902	746	38	22	22	NUM
cblr-2902	746	39	.	.	PUNCT
cblr-2902	747	1	50	50	NUM
cblr-2902	748	1	i	i	PRON
cblr-2902	748	2	d.	d.	NOUN
cblr-2902	748	3	at	at	ADP
cblr-2902	748	4	346	346	NUM
cblr-2902	748	5	-	-	SYM
cblr-2902	748	6	49	49	NUM
cblr-2902	748	7	.	.	PUNCT
cblr-2902	749	1	151	151	NUM
cblr-2902	749	2	i	i	PRON
cblr-2902	749	3	d.	d.	VERB
cblr-2902	749	4	at	at	ADP
cblr-2902	749	5	296	296	NUM
cblr-2902	749	6	-	-	SYM
cblr-2902	749	7	301	301	NUM
cblr-2902	749	8	.	.	PUNCT
cblr-2902	750	1	152	152	NUM
cblr-2902	751	1	i	i	PRON
cblr-2902	751	2	d.	d.	NOUN
cblr-2902	751	3	at	at	ADP
cblr-2902	751	4	296	296	NUM
cblr-2902	751	5	-	-	SYM
cblr-2902	751	6	301	301	NUM
cblr-2902	751	7	.	.	PUNCT
cblr-2902	752	1	[	[	X
cblr-2902	752	2	vol	vol	NOUN
cblr-2902	752	3	.	.	PUNCT
cblr-2902	752	4	2011162	2011162	NUM
cblr-2902	752	5	col	col	PROPN
cblr-2902	752	6	umbia	umbia	PROPN
cblr-2902	752	7	b	b	PROPN
cblr-2902	752	8	usiness	usiness	PROPN
cblr-2902	752	9	la	la	PROPN
cblr-2902	752	10	w	w	PROPN
cblr-2902	752	11	re	re	VERB
cblr-2902	752	12	view	view	NOUN
cblr-2902	752	13	regardless	regardless	ADV
cblr-2902	752	14	of	of	ADP
cblr-2902	752	15	the	the	DET
cblr-2902	752	16	evidence	evidence	NOUN
cblr-2902	752	17	adduced	adduce	VERB
cblr-2902	752	18	,	,	PUNCT
cblr-2902	752	19	in	in	ADP
cblr-2902	752	20	the	the	DET
cblr-2902	752	21	wake	wake	NOUN
cblr-2902	752	22	of	of	ADP
cblr-2902	752	23	153the	153the	DET
cblr-2902	752	24	third	third	ADJ
cblr-2902	752	25	circuit	circuit	NOUN
cblr-2902	752	26	's	's	PART
cblr-2902	752	27	vfb	vfb	PROPN
cblr-2902	752	28	decision	decision	NOUN
cblr-2902	752	29	....	....	PUNCT
cblr-2902	753	1	the	the	DET
cblr-2902	753	2	court	court	NOUN
cblr-2902	753	3	suggested	suggest	VERB
cblr-2902	753	4	that	that	SCONJ
cblr-2902	753	5	the	the	DET
cblr-2902	753	6	debtor	debtor	NOUN
cblr-2902	753	7	"	"	PUNCT
cblr-2902	753	8	may	may	AUX
cblr-2902	753	9	have	have	AUX
cblr-2902	753	10	been	be	AUX
cblr-2902	753	11	in	in	ADP
cblr-2902	753	12	the	the	DET
cblr-2902	753	13	zone	zone	NOUN
cblr-2902	753	14	of	of	ADP
cblr-2902	753	15	insolvency	insolvency	NOUN
cblr-2902	753	16	or	or	CCONJ
cblr-2902	753	17	may	may	AUX
cblr-2902	753	18	have	have	AUX
cblr-2902	753	19	actually	actually	ADV
cblr-2902	753	20	slipped	slip	VERB
cblr-2902	753	21	into	into	ADP
cblr-2902	753	22	insolvency	insolvency	NOUN
cblr-2902	753	23	at	at	ADP
cblr-2902	753	24	some	some	DET
cblr-2902	753	25	point	point	NOUN
cblr-2902	753	26	between	between	ADP
cblr-2902	753	27	the	the	DET
cblr-2902	753	28	date	date	NOUN
cblr-2902	753	29	of	of	ADP
cblr-2902	753	30	commercial	commercial	ADJ
cblr-2902	753	31	activation	activation	NOUN
cblr-2902	753	32	and	and	CCONJ
cblr-2902	753	33	the	the	DET
cblr-2902	753	34	petition	petition	NOUN
cblr-2902	753	35	date	date	NOUN
cblr-2902	753	36	.	.	PUNCT
cblr-2902	754	1	"5	"5	NOUN
cblr-2902	754	2	4	4	NUM
cblr-2902	754	3	the	the	DET
cblr-2902	754	4	court	court	NOUN
cblr-2902	754	5	pointed	point	VERB
cblr-2902	754	6	out	out	ADP
cblr-2902	754	7	that	that	SCONJ
cblr-2902	754	8	plaintiffs	plaintiff	NOUN
cblr-2902	754	9	might	might	AUX
cblr-2902	754	10	have	have	AUX
cblr-2902	754	11	been	be	AUX
cblr-2902	754	12	able	able	ADJ
cblr-2902	754	13	to	to	PART
cblr-2902	754	14	prove	prove	VERB
cblr-2902	754	15	insolvency	insolvency	NOUN
cblr-2902	754	16	after	after	ADP
cblr-2902	754	17	the	the	DET
cblr-2902	754	18	launch	launch	NOUN
cblr-2902	754	19	,	,	PUNCT
cblr-2902	754	20	given	give	VERB
cblr-2902	754	21	the	the	DET
cblr-2902	754	22	"	"	PUNCT
cblr-2902	754	23	inexorable	inexorable	ADJ
cblr-2902	754	24	and	and	CCONJ
cblr-2902	754	25	increasingly	increasingly	ADV
cblr-2902	754	26	sharp	sharp	ADJ
cblr-2902	754	27	decline	decline	NOUN
cblr-2902	754	28	"	"	PUNCT
cblr-2902	754	29	in	in	ADP
cblr-2902	754	30	the	the	DET
cblr-2902	754	31	debtor	debtor	NOUN
cblr-2902	754	32	's	's	PART
cblr-2902	754	33	stock	stock	NOUN
cblr-2902	754	34	price	price	NOUN
cblr-2902	754	35	if	if	SCONJ
cblr-2902	754	36	they	they	PRON
cblr-2902	754	37	had	have	AUX
cblr-2902	754	38	analyzed	analyze	VERB
cblr-2902	754	39	the	the	DET
cblr-2902	754	40	market	market	NOUN
cblr-2902	754	41	data	datum	NOUN
cblr-2902	754	42	.	.	PUNCT
cblr-2902	755	1	however	however	ADV
cblr-2902	755	2	,	,	PUNCT
cblr-2902	755	3	the	the	DET
cblr-2902	755	4	court	court	NOUN
cblr-2902	755	5	did	do	AUX
cblr-2902	755	6	not	not	PART
cblr-2902	755	7	discuss	discuss	VERB
cblr-2902	755	8	how	how	SCONJ
cblr-2902	755	9	a	a	DET
cblr-2902	755	10	court	court	NOUN
cblr-2902	755	11	would	would	AUX
cblr-2902	755	12	or	or	CCONJ
cblr-2902	755	13	could	could	AUX
cblr-2902	755	14	use	use	VERB
cblr-2902	755	15	a	a	DET
cblr-2902	755	16	debtor	debtor	NOUN
cblr-2902	755	17	's	's	PART
cblr-2902	755	18	stock	stock	NOUN
cblr-2902	755	19	price	price	NOUN
cblr-2902	755	20	to	to	PART
cblr-2902	755	21	distinguish	distinguish	VERB
cblr-2902	755	22	between	between	ADP
cblr-2902	755	23	a	a	DET
cblr-2902	755	24	solvent	solvent	ADJ
cblr-2902	755	25	debtor	debtor	NOUN
cblr-2902	755	26	with	with	ADP
cblr-2902	755	27	declining	decline	VERB
cblr-2902	755	28	fortunes	fortune	NOUN
cblr-2902	755	29	and	and	CCONJ
cblr-2902	755	30	a	a	DET
cblr-2902	755	31	debtor	debtor	NOUN
cblr-2902	755	32	that	that	PRON
cblr-2902	755	33	had	have	AUX
cblr-2902	755	34	actually	actually	ADV
cblr-2902	755	35	become	become	VERB
cblr-2902	755	36	insolvent	insolvent	ADJ
cblr-2902	755	37	.	.	PUNCT
cblr-2902	755	38	'	'	PUNCT
cblr-2902	756	1	iv	iv	NUM
cblr-2902	756	2	.	.	PUNCT
cblr-2902	756	3	benefits	benefit	NOUN
cblr-2902	756	4	of	of	ADP
cblr-2902	756	5	incorporation	incorporation	NOUN
cblr-2902	756	6	of	of	ADP
cblr-2902	756	7	additional	additional	ADJ
cblr-2902	756	8	insights	insight	NOUN
cblr-2902	756	9	from	from	ADP
cblr-2902	756	10	finance	finance	NOUN
cblr-2902	756	11	into	into	ADP
cblr-2902	756	12	the	the	DET
cblr-2902	756	13	law	law	NOUN
cblr-2902	756	14	the	the	DET
cblr-2902	756	15	vfb	vfb	PROPN
cblr-2902	756	16	and	and	CCONJ
cblr-2902	756	17	iridium	iridium	NOUN
cblr-2902	756	18	decisions	decision	NOUN
cblr-2902	756	19	represent	represent	VERB
cblr-2902	756	20	major	major	ADJ
cblr-2902	756	21	advances	advance	NOUN
cblr-2902	756	22	in	in	ADP
cblr-2902	756	23	how	how	SCONJ
cblr-2902	756	24	courts	court	NOUN
cblr-2902	756	25	approach	approach	VERB
cblr-2902	756	26	fraudulent	fraudulent	ADJ
cblr-2902	756	27	transfer	transfer	NOUN
cblr-2902	756	28	.	.	PUNCT
cblr-2902	757	1	it	it	PRON
cblr-2902	757	2	is	be	AUX
cblr-2902	757	3	important	important	ADJ
cblr-2902	757	4	for	for	SCONJ
cblr-2902	757	5	courts	court	NOUN
cblr-2902	757	6	to	to	PART
cblr-2902	757	7	use	use	VERB
cblr-2902	757	8	market	market	NOUN
cblr-2902	757	9	prices	price	NOUN
cblr-2902	757	10	to	to	PART
cblr-2902	757	11	assess	assess	VERB
cblr-2902	757	12	solvency	solvency	NOUN
cblr-2902	757	13	,	,	PUNCT
cblr-2902	757	14	not	not	PART
cblr-2902	757	15	only	only	ADV
cblr-2902	757	16	to	to	PART
cblr-2902	757	17	combat	combat	VERB
cblr-2902	757	18	the	the	DET
cblr-2902	757	19	dangers	danger	NOUN
cblr-2902	757	20	of	of	ADP
cblr-2902	757	21	expert	expert	ADJ
cblr-2902	757	22	manipulation	manipulation	NOUN
cblr-2902	757	23	and	and	CCONJ
cblr-2902	757	24	hindsight	hindsight	ADJ
cblr-2902	757	25	bias	bias	NOUN
cblr-2902	757	26	,	,	PUNCT
cblr-2902	757	27	but	but	CCONJ
cblr-2902	757	28	also	also	ADV
cblr-2902	757	29	because	because	SCONJ
cblr-2902	757	30	accounting	accounting	NOUN
cblr-2902	757	31	-	-	PUNCT
cblr-2902	757	32	based	base	VERB
cblr-2902	757	33	measures	measure	NOUN
cblr-2902	757	34	of	of	ADP
cblr-2902	757	35	default	default	NOUN
cblr-2902	757	36	probability	probability	NOUN
cblr-2902	757	37	have	have	AUX
cblr-2902	757	38	become	become	VERB
cblr-2902	757	39	less	less	ADV
cblr-2902	757	40	informative	informative	ADJ
cblr-2902	757	41	over	over	ADP
cblr-2902	757	42	time	time	NOUN
cblr-2902	757	43	as	as	ADP
cblr-2902	757	44	offbalance	offbalance	NOUN
cblr-2902	757	45	-	-	PUNCT
cblr-2902	757	46	sheet	sheet	NOUN
cblr-2902	757	47	debt	debt	NOUN
cblr-2902	757	48	and	and	CCONJ
cblr-2902	757	49	derivatives	derivative	NOUN
cblr-2902	757	50	have	have	VERB
cblr-2902	757	51	proliferated.15	proliferated.15	NOUN
cblr-2902	757	52	6	6	NUM
cblr-2902	757	53	although	although	SCONJ
cblr-2902	757	54	accounting	accounting	NOUN
cblr-2902	757	55	measures	measure	NOUN
cblr-2902	757	56	have	have	AUX
cblr-2902	757	57	become	become	VERB
cblr-2902	757	58	less	less	ADV
cblr-2902	757	59	predictive	predictive	ADJ
cblr-2902	757	60	,	,	PUNCT
cblr-2902	757	61	153	153	NUM
cblr-2902	757	62	i	i	PROPN
cblr-2902	757	63	d.	d.	PROPN
cblr-2902	757	64	at	at	ADP
cblr-2902	757	65	352	352	NUM
cblr-2902	757	66	.	.	PUNCT
cblr-2902	757	67	154	154	NUM
cblr-2902	758	1	i	i	PRON
cblr-2902	758	2	d.	d.	PROPN
cblr-2902	758	3	at	at	ADP
cblr-2902	758	4	302	302	NUM
cblr-2902	758	5	.	.	PUNCT
cblr-2902	758	6	155	155	NUM
cblr-2902	759	1	i	i	PROPN
cblr-2902	759	2	d.	d.	PROPN
cblr-2902	759	3	at	at	ADP
cblr-2902	759	4	302	302	NUM
cblr-2902	759	5	-	-	SYM
cblr-2902	759	6	03	03	NUM
cblr-2902	759	7	.	.	PUNCT
cblr-2902	760	1	15	15	NUM
cblr-2902	760	2	see	see	VERB
cblr-2902	760	3	william	william	PROPN
cblr-2902	760	4	h.	h.	PROPN
cblr-2902	760	5	beaver	beaver	PROPN
cblr-2902	760	6	,	,	PUNCT
cblr-2902	760	7	maureen	maureen	PROPN
cblr-2902	760	8	f.	f.	PROPN
cblr-2902	760	9	mcnichols	mcnichols	PROPN
cblr-2902	760	10	&	&	CCONJ
cblr-2902	760	11	jung	jung	PROPN
cblr-2902	760	12	-	-	PUNCT
cblr-2902	760	13	wu	wu	PROPN
cblr-2902	760	14	rhie	rhie	NOUN
cblr-2902	760	15	,	,	PUNCT
cblr-2902	760	16	have	have	VERB
cblr-2902	760	17	financial	financial	ADJ
cblr-2902	760	18	statements	statement	NOUN
cblr-2902	760	19	become	become	VERB
cblr-2902	760	20	less	less	ADV
cblr-2902	760	21	informative	informative	ADJ
cblr-2902	760	22	?	?	PUNCT
cblr-2902	761	1	evidence	evidence	NOUN
cblr-2902	761	2	from	from	ADP
cblr-2902	761	3	the	the	DET
cblr-2902	761	4	ability	ability	NOUN
cblr-2902	761	5	of	of	ADP
cblr-2902	761	6	financial	financial	ADJ
cblr-2902	761	7	ratios	ratio	NOUN
cblr-2902	761	8	to	to	PART
cblr-2902	761	9	predict	predict	VERB
cblr-2902	761	10	bankruptcy	bankruptcy	NOUN
cblr-2902	761	11	,	,	PUNCT
cblr-2902	761	12	10	10	NUM
cblr-2902	761	13	rev	rev	X
cblr-2902	761	14	.	.	PROPN
cblr-2902	762	1	acct	acct	NOUN
cblr-2902	762	2	.	.	PUNCT
cblr-2902	762	3	stud	stud	PROPN
cblr-2902	762	4	.	.	PUNCT
cblr-2902	763	1	93	93	NUM
cblr-2902	763	2	,	,	PUNCT
cblr-2902	763	3	122	122	NUM
cblr-2902	763	4	(	(	PUNCT
cblr-2902	763	5	2005	2005	NUM
cblr-2902	763	6	)	)	PUNCT
cblr-2902	763	7	(	(	PUNCT
cblr-2902	763	8	finding	find	VERB
cblr-2902	763	9	that	that	SCONJ
cblr-2902	763	10	market	market	NOUN
cblr-2902	763	11	-	-	PUNCT
cblr-2902	763	12	based	base	VERB
cblr-2902	763	13	variables	variable	NOUN
cblr-2902	763	14	compensate	compensate	VERB
cblr-2902	763	15	for	for	ADP
cblr-2902	763	16	the	the	DET
cblr-2902	763	17	decline	decline	NOUN
cblr-2902	763	18	in	in	ADP
cblr-2902	763	19	predictive	predictive	ADJ
cblr-2902	763	20	power	power	NOUN
cblr-2902	763	21	of	of	ADP
cblr-2902	763	22	financial	financial	ADJ
cblr-2902	763	23	statement	statement	NOUN
cblr-2902	763	24	variables	variable	NOUN
cblr-2902	763	25	that	that	PRON
cblr-2902	763	26	has	have	AUX
cblr-2902	763	27	occurred	occur	VERB
cblr-2902	763	28	since	since	SCONJ
cblr-2902	763	29	the	the	DET
cblr-2902	763	30	early	early	ADJ
cblr-2902	763	31	1990s	1990s	NUM
cblr-2902	763	32	)	)	PUNCT
cblr-2902	763	33	;	;	PUNCT
cblr-2902	763	34	stephen	stephen	PROPN
cblr-2902	763	35	a.	a.	PROPN
cblr-2902	763	36	hillegeist	hillegeist	PROPN
cblr-2902	763	37	et	et	PROPN
cblr-2902	763	38	al	al	PROPN
cblr-2902	763	39	.	.	PROPN
cblr-2902	763	40	,	,	PUNCT
cblr-2902	763	41	assessing	assess	VERB
cblr-2902	763	42	the	the	DET
cblr-2902	763	43	probability	probability	NOUN
cblr-2902	763	44	of	of	ADP
cblr-2902	763	45	bankruptcy	bankruptcy	NOUN
cblr-2902	763	46	,	,	PUNCT
cblr-2902	763	47	9	9	NUM
cblr-2902	763	48	rev	rev	X
cblr-2902	763	49	.	.	PROPN
cblr-2902	764	1	acct	acct	NOUN
cblr-2902	764	2	.	.	PUNCT
cblr-2902	765	1	stud	stud	PROPN
cblr-2902	765	2	.	.	PUNCT
cblr-2902	766	1	5	5	NUM
cblr-2902	766	2	,	,	PUNCT
cblr-2902	766	3	6	6	NUM
cblr-2902	766	4	-	-	SYM
cblr-2902	766	5	8	8	NUM
cblr-2902	766	6	(	(	PUNCT
cblr-2902	766	7	2004	2004	NUM
cblr-2902	766	8	)	)	PUNCT
cblr-2902	766	9	(	(	PUNCT
cblr-2902	766	10	noting	note	VERB
cblr-2902	766	11	that	that	SCONJ
cblr-2902	766	12	accounting	accounting	NOUN
cblr-2902	766	13	-	-	PUNCT
cblr-2902	766	14	based	base	VERB
cblr-2902	766	15	measures	measure	NOUN
cblr-2902	766	16	produce	produce	VERB
cblr-2902	766	17	static	static	ADJ
cblr-2902	766	18	and	and	CCONJ
cblr-2902	766	19	inconsistent	inconsistent	ADJ
cblr-2902	766	20	results	result	NOUN
cblr-2902	766	21	,	,	PUNCT
cblr-2902	766	22	whereas	whereas	SCONJ
cblr-2902	766	23	market	market	NOUN
cblr-2902	766	24	price	price	NOUN
cblr-2902	766	25	analyses	analysis	NOUN
cblr-2902	766	26	can	can	AUX
cblr-2902	766	27	generate	generate	VERB
cblr-2902	766	28	an	an	DET
cblr-2902	766	29	intertemporal	intertemporal	ADJ
cblr-2902	766	30	and	and	CCONJ
cblr-2902	766	31	more	more	ADV
cblr-2902	766	32	accurate	accurate	ADJ
cblr-2902	766	33	estimate	estimate	NOUN
cblr-2902	766	34	)	)	PUNCT
cblr-2902	766	35	;	;	PUNCT
cblr-2902	766	36	simkovic	simkovic	ADJ
cblr-2902	766	37	,	,	PUNCT
cblr-2902	766	38	supra	supra	PROPN
cblr-2902	766	39	note	note	NOUN
cblr-2902	766	40	1	1	NUM
cblr-2902	766	41	,	,	PUNCT
cblr-2902	766	42	at	at	ADP
cblr-2902	766	43	253	253	NUM
cblr-2902	766	44	(	(	PUNCT
cblr-2902	766	45	explaining	explain	VERB
cblr-2902	766	46	the	the	DET
cblr-2902	766	47	use	use	NOUN
cblr-2902	766	48	of	of	ADP
cblr-2902	766	49	derivatives	derivative	NOUN
cblr-2902	766	50	and	and	CCONJ
cblr-2902	766	51	off	off	ADP
cblr-2902	766	52	-	-	PUNCT
cblr-2902	766	53	balance	balance	NOUN
cblr-2902	766	54	sheet	sheet	NOUN
cblr-2902	766	55	securitizations	securitization	NOUN
cblr-2902	766	56	to	to	PART
cblr-2902	766	57	hide	hide	VERB
cblr-2902	766	58	debt	debt	NOUN
cblr-2902	766	59	)	)	PUNCT
cblr-2902	766	60	.	.	PUNCT
cblr-2902	767	1	leveraged	leverage	VERB
cblr-2902	767	2	buyout	buyout	NOUN
cblr-2902	767	3	bankruptcies	bankruptcy	NOUN
cblr-2902	767	4	163no	163no	ADJ
cblr-2902	767	5	.	.	PUNCT
cblr-2902	768	1	1	1	NUM
cblr-2902	768	2	:	:	SYM
cblr-2902	768	3	118]1	118]1	PROPN
cblr-2902	768	4	columbia	columbia	PROPN
cblr-2902	768	5	business	business	PROPN
cblr-2902	768	6	law	law	PROPN
cblr-2902	768	7	review	review	VERB
cblr-2902	768	8	market	market	NOUN
cblr-2902	768	9	-	-	PUNCT
cblr-2902	768	10	based	base	VERB
cblr-2902	768	11	measures	measure	NOUN
cblr-2902	768	12	have	have	AUX
cblr-2902	768	13	come	come	VERB
cblr-2902	768	14	to	to	PART
cblr-2902	768	15	provide	provide	VERB
cblr-2902	768	16	additional	additional	ADJ
cblr-2902	768	17	predictive	predictive	ADJ
cblr-2902	768	18	power	power	NOUN
cblr-2902	768	19	.	.	PUNCT
cblr-2902	769	1	"	"	PUNCT
cblr-2902	769	2	'	'	PUNCT
cblr-2902	769	3	nevertheless	nevertheless	ADV
cblr-2902	769	4	,	,	PUNCT
cblr-2902	769	5	important	important	ADJ
cblr-2902	769	6	questions	question	NOUN
cblr-2902	769	7	remain	remain	VERB
cblr-2902	769	8	unanswered	unanswered	ADJ
cblr-2902	769	9	.	.	PUNCT
cblr-2902	770	1	for	for	ADP
cblr-2902	770	2	example	example	NOUN
cblr-2902	770	3	,	,	PUNCT
cblr-2902	770	4	how	how	SCONJ
cblr-2902	770	5	should	should	AUX
cblr-2902	770	6	courts	court	NOUN
cblr-2902	770	7	decide	decide	VERB
cblr-2902	770	8	close	close	ADJ
cblr-2902	770	9	cases	case	NOUN
cblr-2902	770	10	such	such	ADJ
cblr-2902	770	11	as	as	ADP
cblr-2902	770	12	when	when	SCONJ
cblr-2902	770	13	a	a	DET
cblr-2902	770	14	debtor	debtor	NOUN
cblr-2902	770	15	's	's	PART
cblr-2902	770	16	equity	equity	NOUN
cblr-2902	770	17	price	price	NOUN
cblr-2902	770	18	is	be	AUX
cblr-2902	770	19	declining	decline	VERB
cblr-2902	770	20	but	but	CCONJ
cblr-2902	770	21	still	still	ADV
cblr-2902	770	22	positive	positive	ADJ
cblr-2902	770	23	,	,	PUNCT
cblr-2902	770	24	when	when	SCONJ
cblr-2902	770	25	bonds	bond	NOUN
cblr-2902	770	26	are	be	AUX
cblr-2902	770	27	trading	trade	VERB
cblr-2902	770	28	slightly	slightly	ADV
cblr-2902	770	29	below	below	ADP
cblr-2902	770	30	par	par	NOUN
cblr-2902	770	31	,	,	PUNCT
cblr-2902	770	32	or	or	CCONJ
cblr-2902	770	33	when	when	SCONJ
cblr-2902	770	34	the	the	DET
cblr-2902	770	35	debtor	debtor	NOUN
cblr-2902	770	36	has	have	VERB
cblr-2902	770	37	access	access	NOUN
cblr-2902	770	38	to	to	ADP
cblr-2902	770	39	credit	credit	NOUN
cblr-2902	770	40	but	but	CCONJ
cblr-2902	770	41	on	on	ADP
cblr-2902	770	42	unfavorable	unfavorable	ADJ
cblr-2902	770	43	terms	term	NOUN
cblr-2902	770	44	?	?	PUNCT
cblr-2902	771	1	what	what	PRON
cblr-2902	771	2	about	about	ADP
cblr-2902	771	3	cases	case	NOUN
cblr-2902	771	4	in	in	ADP
cblr-2902	771	5	which	which	PRON
cblr-2902	771	6	equity	equity	NOUN
cblr-2902	771	7	prices	price	NOUN
cblr-2902	771	8	may	may	AUX
cblr-2902	771	9	reflect	reflect	VERB
cblr-2902	771	10	volatility	volatility	NOUN
cblr-2902	771	11	instead	instead	ADV
cblr-2902	771	12	of	of	ADP
cblr-2902	771	13	adequate	adequate	ADJ
cblr-2902	771	14	capitalization	capitalization	NOUN
cblr-2902	771	15	?	?	PUNCT
cblr-2902	772	1	when	when	SCONJ
cblr-2902	772	2	equity	equity	NOUN
cblr-2902	772	3	prices	price	NOUN
cblr-2902	772	4	cease	cease	VERB
cblr-2902	772	5	to	to	PART
cblr-2902	772	6	be	be	AUX
cblr-2902	772	7	available	available	ADJ
cblr-2902	772	8	,	,	PUNCT
cblr-2902	772	9	such	such	ADJ
cblr-2902	772	10	as	as	ADP
cblr-2902	772	11	in	in	ADP
cblr-2902	772	12	going	go	VERB
cblr-2902	772	13	-	-	PUNCT
cblr-2902	772	14	private	private	ADJ
cblr-2902	772	15	transactions	transaction	NOUN
cblr-2902	772	16	?	?	PUNCT
cblr-2902	773	1	how	how	SCONJ
cblr-2902	773	2	can	can	AUX
cblr-2902	773	3	courts	court	NOUN
cblr-2902	773	4	evaluate	evaluate	VERB
cblr-2902	773	5	whether	whether	SCONJ
cblr-2902	773	6	market	market	NOUN
cblr-2902	773	7	prices	price	NOUN
cblr-2902	773	8	in	in	ADP
cblr-2902	773	9	relatively	relatively	ADV
cblr-2902	773	10	lightly	lightly	ADV
cblr-2902	773	11	regulated	regulate	VERB
cblr-2902	773	12	,	,	PUNCT
cblr-2902	773	13	nontransparent	nontransparent	ADJ
cblr-2902	773	14	markets	market	NOUN
cblr-2902	773	15	reflect	reflect	VERB
cblr-2902	773	16	informed	inform	VERB
cblr-2902	773	17	analysis	analysis	NOUN
cblr-2902	773	18	or	or	CCONJ
cblr-2902	773	19	market	market	NOUN
cblr-2902	773	20	manipulation	manipulation	NOUN
cblr-2902	773	21	?	?	PUNCT
cblr-2902	774	1	how	how	SCONJ
cblr-2902	774	2	can	can	AUX
cblr-2902	774	3	courts	court	NOUN
cblr-2902	774	4	articulate	articulate	VERB
cblr-2902	774	5	clear	clear	ADJ
cblr-2902	774	6	standards	standard	NOUN
cblr-2902	774	7	that	that	PRON
cblr-2902	774	8	are	be	AUX
cblr-2902	774	9	applicable	applicable	ADJ
cblr-2902	774	10	across	across	ADP
cblr-2902	774	11	time	time	NOUN
cblr-2902	774	12	and	and	CCONJ
cblr-2902	774	13	across	across	ADP
cblr-2902	774	14	debtors	debtor	NOUN
cblr-2902	774	15	?	?	PUNCT
cblr-2902	775	1	the	the	DET
cblr-2902	775	2	discussion	discussion	NOUN
cblr-2902	775	3	that	that	PRON
cblr-2902	775	4	follows	follow	VERB
cblr-2902	775	5	will	will	AUX
cblr-2902	775	6	try	try	VERB
cblr-2902	775	7	to	to	PART
cblr-2902	775	8	answer	answer	VERB
cblr-2902	775	9	some	some	PRON
cblr-2902	775	10	of	of	ADP
cblr-2902	775	11	these	these	DET
cblr-2902	775	12	questions	question	NOUN
cblr-2902	775	13	by	by	ADP
cblr-2902	775	14	explaining	explain	VERB
cblr-2902	775	15	the	the	DET
cblr-2902	775	16	methods	method	NOUN
cblr-2902	775	17	that	that	SCONJ
cblr-2902	775	18	financial	financial	ADJ
cblr-2902	775	19	professionals	professional	NOUN
cblr-2902	775	20	and	and	CCONJ
cblr-2902	775	21	economists	economist	NOUN
cblr-2902	775	22	use	use	VERB
cblr-2902	775	23	to	to	PART
cblr-2902	775	24	calculate	calculate	VERB
cblr-2902	775	25	the	the	DET
cblr-2902	775	26	probability	probability	NOUN
cblr-2902	775	27	and	and	CCONJ
cblr-2902	775	28	severity	severity	NOUN
cblr-2902	775	29	of	of	ADP
cblr-2902	775	30	default	default	NOUN
cblr-2902	775	31	implied	imply	VERB
cblr-2902	775	32	by	by	ADP
cblr-2902	775	33	financial	financial	ADJ
cblr-2902	775	34	market	market	NOUN
cblr-2902	775	35	prices	price	NOUN
cblr-2902	775	36	.	.	PUNCT
cblr-2902	776	1	the	the	DET
cblr-2902	776	2	discussion	discussion	NOUN
cblr-2902	776	3	will	will	AUX
cblr-2902	776	4	also	also	ADV
cblr-2902	776	5	suggest	suggest	VERB
cblr-2902	776	6	relatively	relatively	ADV
cblr-2902	776	7	simple	simple	ADJ
cblr-2902	776	8	equations	equation	NOUN
cblr-2902	776	9	and	and	CCONJ
cblr-2902	776	10	rules	rule	NOUN
cblr-2902	776	11	of	of	ADP
cblr-2902	776	12	thumb	thumb	NOUN
cblr-2902	776	13	to	to	PART
cblr-2902	776	14	guide	guide	VERB
cblr-2902	776	15	courts	court	NOUN
cblr-2902	776	16	as	as	SCONJ
cblr-2902	776	17	they	they	PRON
cblr-2902	776	18	use	use	VERB
cblr-2902	776	19	market	market	NOUN
cblr-2902	776	20	prices	price	NOUN
cblr-2902	776	21	to	to	PART
cblr-2902	776	22	evaluate	evaluate	VERB
cblr-2902	776	23	solvency	solvency	NOUN
cblr-2902	776	24	and	and	CCONJ
cblr-2902	776	25	adequate	adequate	ADJ
cblr-2902	776	26	capitalization	capitalization	NOUN
cblr-2902	776	27	.	.	PUNCT
cblr-2902	777	1	the	the	DET
cblr-2902	777	2	discussion	discussion	NOUN
cblr-2902	777	3	will	will	AUX
cblr-2902	777	4	emphasize	emphasize	VERB
cblr-2902	777	5	clarity	clarity	NOUN
cblr-2902	777	6	and	and	CCONJ
cblr-2902	777	7	ease	ease	NOUN
cblr-2902	777	8	of	of	ADP
cblr-2902	777	9	use	use	NOUN
cblr-2902	777	10	over	over	ADP
cblr-2902	777	11	technical	technical	ADJ
cblr-2902	777	12	precision	precision	NOUN
cblr-2902	777	13	,	,	PUNCT
cblr-2902	777	14	with	with	ADP
cblr-2902	777	15	the	the	DET
cblr-2902	777	16	goal	goal	NOUN
cblr-2902	777	17	of	of	ADP
cblr-2902	777	18	providing	provide	VERB
cblr-2902	777	19	courts	court	NOUN
cblr-2902	777	20	with	with	ADP
cblr-2902	777	21	a	a	DET
cblr-2902	777	22	practical	practical	ADJ
cblr-2902	777	23	tool	tool	NOUN
cblr-2902	777	24	they	they	PRON
cblr-2902	777	25	can	can	AUX
cblr-2902	777	26	readily	readily	ADV
cblr-2902	777	27	use	use	VERB
cblr-2902	777	28	.	.	PUNCT
cblr-2902	778	1	the	the	DET
cblr-2902	778	2	techniques	technique	NOUN
cblr-2902	778	3	are	be	AUX
cblr-2902	778	4	generally	generally	ADV
cblr-2902	778	5	applicable	applicable	ADJ
cblr-2902	778	6	,	,	PUNCT
cblr-2902	778	7	but	but	CCONJ
cblr-2902	778	8	particular	particular	ADJ
cblr-2902	778	9	emphasis	emphasis	NOUN
cblr-2902	778	10	will	will	AUX
cblr-2902	778	11	be	be	AUX
cblr-2902	778	12	placed	place	VERB
cblr-2902	778	13	on	on	ADP
cblr-2902	778	14	the	the	DET
cblr-2902	778	15	fraudulent	fraudulent	ADJ
cblr-2902	778	16	transfer	transfer	NOUN
cblr-2902	778	17	and	and	CCONJ
cblr-2902	778	18	lbo	lbo	PROPN
cblr-2902	778	19	contexts	contexts	PROPN
cblr-2902	778	20	.	.	PUNCT
cblr-2902	779	1	a.	a.	NOUN
cblr-2902	779	2	equity	equity	PROPN
cblr-2902	779	3	market	market	NOUN
cblr-2902	779	4	prices	price	NOUN
cblr-2902	779	5	provide	provide	VERB
cblr-2902	779	6	a	a	DET
cblr-2902	779	7	noisy	noisy	ADJ
cblr-2902	779	8	signal	signal	NOUN
cblr-2902	779	9	of	of	ADP
cblr-2902	779	10	default	default	NOUN
cblr-2902	779	11	probability	probability	NOUN
cblr-2902	779	12	because	because	SCONJ
cblr-2902	779	13	they	they	PRON
cblr-2902	779	14	reflect	reflect	VERB
cblr-2902	779	15	option	option	NOUN
cblr-2902	779	16	value	value	NOUN
cblr-2902	779	17	for	for	ADP
cblr-2902	779	18	purposes	purpose	NOUN
cblr-2902	779	19	of	of	ADP
cblr-2902	779	20	predicting	predict	VERB
cblr-2902	779	21	default	default	NOUN
cblr-2902	779	22	,	,	PUNCT
cblr-2902	779	23	equity	equity	NOUN
cblr-2902	779	24	market	market	NOUN
cblr-2902	779	25	capitalization	capitalization	NOUN
cblr-2902	779	26	is	be	AUX
cblr-2902	779	27	not	not	PART
cblr-2902	779	28	directly	directly	ADV
cblr-2902	779	29	comparable	comparable	ADJ
cblr-2902	779	30	to	to	PART
cblr-2902	779	31	balance	balance	NOUN
cblr-2902	779	32	sheet	sheet	NOUN
cblr-2902	779	33	equity	equity	NOUN
cblr-2902	779	34	'	'	PUNCT
cblr-2902	779	35	or	or	CCONJ
cblr-2902	779	36	to	to	ADP
cblr-2902	779	37	adequate	adequate	ADJ
cblr-2902	779	38	liquidity	liquidity	NOUN
cblr-2902	779	39	.	.	PUNCT
cblr-2902	780	1	instead	instead	ADV
cblr-2902	780	2	,	,	PUNCT
cblr-2902	780	3	economists	economist	NOUN
cblr-2902	780	4	and	and	CCONJ
cblr-2902	780	5	financial	financial	ADJ
cblr-2902	780	6	professionals	professional	NOUN
cblr-2902	780	7	view	view	VERB
cblr-2902	780	8	equity	equity	NOUN
cblr-2902	780	9	as	as	ADP
cblr-2902	780	10	a	a	DET
cblr-2902	780	11	call	call	NOUN
cblr-2902	780	12	option	option	NOUN
cblr-2902	780	13	on	on	ADP
cblr-2902	780	14	the	the	DET
cblr-2902	780	15	"	"	PUNCT
cblr-2902	780	16	'	'	PUNCT
cblr-2902	780	17	see	see	VERB
cblr-2902	780	18	beaver	beaver	PROPN
cblr-2902	780	19	,	,	PUNCT
cblr-2902	780	20	mcnichols	mcnichols	PROPN
cblr-2902	780	21	&	&	CCONJ
cblr-2902	780	22	rhie	rhie	PROPN
cblr-2902	780	23	,	,	PUNCT
cblr-2902	780	24	supra	supra	PROPN
cblr-2902	780	25	note	note	PROPN
cblr-2902	780	26	156	156	NUM
cblr-2902	780	27	,	,	PUNCT
cblr-2902	780	28	at	at	ADP
cblr-2902	780	29	118	118	NUM
cblr-2902	780	30	;	;	PUNCT
cblr-2902	780	31	hillegeist	hillegeist	PROPN
cblr-2902	780	32	et	et	PROPN
cblr-2902	780	33	al	al	PROPN
cblr-2902	780	34	.	.	PROPN
cblr-2902	780	35	,	,	PUNCT
cblr-2902	780	36	supra	supra	PROPN
cblr-2902	780	37	note	note	PROPN
cblr-2902	780	38	156	156	NUM
cblr-2902	780	39	,	,	PUNCT
cblr-2902	780	40	at	at	ADP
cblr-2902	780	41	6	6	NUM
cblr-2902	780	42	.	.	NOUN
cblr-2902	780	43	15	15	NUM
cblr-2902	780	44	assets	asset	NOUN
cblr-2902	780	45	minus	minus	CCONJ
cblr-2902	780	46	liabilities	liability	NOUN
cblr-2902	780	47	,	,	PUNCT
cblr-2902	780	48	also	also	ADV
cblr-2902	780	49	called	call	VERB
cblr-2902	780	50	"	"	PUNCT
cblr-2902	780	51	net	net	ADJ
cblr-2902	780	52	worth	worth	NOUN
cblr-2902	780	53	.	.	PUNCT
cblr-2902	780	54	"	"	PUNCT
cblr-2902	781	1	164	164	NUM
cblr-2902	781	2	[	[	X
cblr-2902	781	3	vol	vol	NOUN
cblr-2902	781	4	.	.	PUNCT
cblr-2902	781	5	2011	2011	NUM
cblr-2902	781	6	leveraged	leverage	VERB
cblr-2902	781	7	buyout	buyout	NOUN
cblr-2902	781	8	bankruptcies	bankruptcy	NOUN
cblr-2902	781	9	assets	asset	NOUN
cblr-2902	781	10	and	and	CCONJ
cblr-2902	781	11	future	future	ADJ
cblr-2902	781	12	cash	cash	NOUN
cblr-2902	781	13	flows	flow	NOUN
cblr-2902	781	14	of	of	ADP
cblr-2902	781	15	a	a	DET
cblr-2902	781	16	firm	firm	NOUN
cblr-2902	781	17	.	.	PUNCT
cblr-2902	781	18	'	'	PUNCT
cblr-2902	782	1	the	the	DET
cblr-2902	782	2	most	most	ADV
cblr-2902	782	3	important	important	ADJ
cblr-2902	782	4	implication	implication	NOUN
cblr-2902	782	5	of	of	ADP
cblr-2902	782	6	this	this	DET
cblr-2902	782	7	realization	realization	NOUN
cblr-2902	782	8	is	be	AUX
cblr-2902	782	9	that	that	SCONJ
cblr-2902	782	10	a	a	DET
cblr-2902	782	11	firm	firm	NOUN
cblr-2902	782	12	can	can	AUX
cblr-2902	782	13	have	have	VERB
cblr-2902	782	14	a	a	DET
cblr-2902	782	15	positive	positive	ADJ
cblr-2902	782	16	equity	equity	NOUN
cblr-2902	782	17	value	value	NOUN
cblr-2902	782	18	even	even	ADV
cblr-2902	782	19	though	though	SCONJ
cblr-2902	782	20	it	it	PRON
cblr-2902	782	21	is	be	AUX
cblr-2902	782	22	highly	highly	ADV
cblr-2902	782	23	likely	likely	ADJ
cblr-2902	782	24	that	that	SCONJ
cblr-2902	782	25	debt	debt	NOUN
cblr-2902	782	26	holders	holder	NOUN
cblr-2902	782	27	will	will	AUX
cblr-2902	782	28	incur	incur	VERB
cblr-2902	782	29	steep	steep	ADJ
cblr-2902	782	30	losses	loss	NOUN
cblr-2902	782	31	,	,	PUNCT
cblr-2902	782	32	i.e.	i.e.	X
cblr-2902	782	33	,	,	PUNCT
cblr-2902	782	34	that	that	SCONJ
cblr-2902	782	35	the	the	DET
cblr-2902	782	36	firm	firm	NOUN
cblr-2902	782	37	will	will	AUX
cblr-2902	782	38	become	become	VERB
cblr-2902	782	39	insolvent	insolvent	ADJ
cblr-2902	782	40	.	.	PUNCT
cblr-2902	783	1	equity	equity	NOUN
cblr-2902	783	2	value	value	NOUN
cblr-2902	783	3	in	in	ADP
cblr-2902	783	4	isolation	isolation	NOUN
cblr-2902	783	5	is	be	AUX
cblr-2902	783	6	therefore	therefore	ADV
cblr-2902	783	7	an	an	DET
cblr-2902	783	8	unreliable	unreliable	ADJ
cblr-2902	783	9	measure	measure	NOUN
cblr-2902	783	10	of	of	ADP
cblr-2902	783	11	solvency.6	solvency.6	PROPN
cblr-2902	783	12	o	o	PROPN
cblr-2902	783	13	however	however	ADV
cblr-2902	783	14	,	,	PUNCT
cblr-2902	783	15	equity	equity	NOUN
cblr-2902	783	16	market	market	NOUN
cblr-2902	783	17	prices	price	NOUN
cblr-2902	783	18	can	can	AUX
cblr-2902	783	19	provide	provide	VERB
cblr-2902	783	20	a	a	DET
cblr-2902	783	21	more	more	ADV
cblr-2902	783	22	robust	robust	ADJ
cblr-2902	783	23	measure	measure	NOUN
cblr-2902	783	24	of	of	ADP
cblr-2902	783	25	solvency	solvency	NOUN
cblr-2902	783	26	when	when	SCONJ
cblr-2902	783	27	coupled	couple	VERB
cblr-2902	783	28	with	with	ADP
cblr-2902	783	29	measures	measure	NOUN
cblr-2902	783	30	of	of	ADP
cblr-2902	783	31	volatility	volatility	NOUN
cblr-2902	783	32	,	,	PUNCT
cblr-2902	783	33	capital	capital	NOUN
cblr-2902	783	34	structure	structure	NOUN
cblr-2902	783	35	,	,	PUNCT
cblr-2902	783	36	and	and	CCONJ
cblr-2902	783	37	debt	debt	NOUN
cblr-2902	783	38	market	market	NOUN
cblr-2902	783	39	prices	price	NOUN
cblr-2902	783	40	.	.	PUNCT
cblr-2902	783	41	''	''	PUNCT
cblr-2902	784	1	we	we	PRON
cblr-2902	784	2	do	do	AUX
cblr-2902	784	3	not	not	PART
cblr-2902	784	4	describe	describe	VERB
cblr-2902	784	5	in	in	ADP
cblr-2902	784	6	detail	detail	NOUN
cblr-2902	784	7	how	how	SCONJ
cblr-2902	784	8	such	such	ADJ
cblr-2902	784	9	techniques	technique	NOUN
cblr-2902	784	10	for	for	ADP
cblr-2902	784	11	extracting	extract	VERB
cblr-2902	784	12	probability	probability	NOUN
cblr-2902	784	13	of	of	ADP
cblr-2902	784	14	default	default	NOUN
cblr-2902	784	15	from	from	ADP
cblr-2902	784	16	equity	equity	NOUN
cblr-2902	784	17	prices	price	NOUN
cblr-2902	784	18	work	work	VERB
cblr-2902	784	19	because	because	SCONJ
cblr-2902	784	20	the	the	DET
cblr-2902	784	21	mathematics	mathematic	NOUN
cblr-2902	784	22	are	be	AUX
cblr-2902	784	23	complex	complex	ADJ
cblr-2902	784	24	,	,	PUNCT
cblr-2902	784	25	equity	equity	NOUN
cblr-2902	784	26	prices	price	NOUN
cblr-2902	784	27	generally	generally	ADV
cblr-2902	784	28	cease	cease	VERB
cblr-2902	784	29	to	to	PART
cblr-2902	784	30	be	be	AUX
cblr-2902	784	31	available	available	ADJ
cblr-2902	784	32	after	after	ADP
cblr-2902	784	33	an	an	DET
cblr-2902	784	34	lbo	lbo	PROPN
cblr-2902	784	35	,	,	PUNCT
cblr-2902	784	36	and	and	CCONJ
cblr-2902	784	37	the	the	DET
cblr-2902	784	38	models	model	NOUN
cblr-2902	784	39	can	can	AUX
cblr-2902	784	40	easily	easily	ADV
cblr-2902	784	41	be	be	AUX
cblr-2902	784	42	incorrectly	incorrectly	ADV
cblr-2902	784	43	calibrated	calibrate	VERB
cblr-2902	784	44	or	or	CCONJ
cblr-2902	784	45	applied	apply	VERB
cblr-2902	784	46	to	to	ADP
cblr-2902	784	47	situations	situation	NOUN
cblr-2902	784	48	in	in	ADP
cblr-2902	784	49	which	which	PRON
cblr-2902	784	50	the	the	DET
cblr-2902	784	51	assumptions	assumption	NOUN
cblr-2902	784	52	on	on	ADP
cblr-2902	784	53	which	which	PRON
cblr-2902	784	54	they	they	PRON
cblr-2902	784	55	depend	depend	VERB
cblr-2902	784	56	do	do	AUX
cblr-2902	784	57	not	not	PART
cblr-2902	784	58	hold	hold	VERB
cblr-2902	784	59	true.162	true.162	NOUN
cblr-2902	784	60	"	"	PUNCT
cblr-2902	784	61	see	see	VERB
cblr-2902	784	62	fischer	fischer	PROPN
cblr-2902	784	63	black	black	PROPN
cblr-2902	784	64	&	&	CCONJ
cblr-2902	784	65	myron	myron	PROPN
cblr-2902	784	66	scholes	scholes	PROPN
cblr-2902	784	67	,	,	PUNCT
cblr-2902	784	68	the	the	DET
cblr-2902	784	69	pricing	pricing	NOUN
cblr-2902	784	70	of	of	ADP
cblr-2902	784	71	options	option	NOUN
cblr-2902	784	72	and	and	CCONJ
cblr-2902	784	73	corporate	corporate	ADJ
cblr-2902	784	74	liabilities	liability	NOUN
cblr-2902	784	75	,	,	PUNCT
cblr-2902	784	76	81	81	NUM
cblr-2902	784	77	j.	j.	PROPN
cblr-2902	784	78	pol	pol	PROPN
cblr-2902	784	79	.	.	PUNCT
cblr-2902	785	1	econ	econ	PROPN
cblr-2902	785	2	.	.	PUNCT
cblr-2902	786	1	637	637	NUM
cblr-2902	786	2	(	(	PUNCT
cblr-2902	786	3	1973	1973	NUM
cblr-2902	786	4	)	)	PUNCT
cblr-2902	786	5	;	;	PUNCT
cblr-2902	786	6	robert	robert	PROPN
cblr-2902	786	7	c.	c.	PROPN
cblr-2902	786	8	merton	merton	PROPN
cblr-2902	786	9	,	,	PUNCT
cblr-2902	786	10	on	on	ADP
cblr-2902	786	11	the	the	DET
cblr-2902	786	12	pricing	pricing	NOUN
cblr-2902	786	13	of	of	ADP
cblr-2902	786	14	corporate	corporate	ADJ
cblr-2902	786	15	debt	debt	NOUN
cblr-2902	786	16	:	:	PUNCT
cblr-2902	786	17	the	the	DET
cblr-2902	786	18	risk	risk	NOUN
cblr-2902	786	19	structure	structure	NOUN
cblr-2902	786	20	of	of	ADP
cblr-2902	786	21	interest	interest	NOUN
cblr-2902	786	22	rates	rate	NOUN
cblr-2902	786	23	,	,	PUNCT
cblr-2902	786	24	29	29	NUM
cblr-2902	786	25	j.	j.	PROPN
cblr-2902	786	26	fin	fin	PROPN
cblr-2902	786	27	.	.	PUNCT
cblr-2902	787	1	449	449	NUM
cblr-2902	787	2	(	(	PUNCT
cblr-2902	787	3	1974	1974	NUM
cblr-2902	787	4	)	)	PUNCT
cblr-2902	787	5	;	;	PUNCT
cblr-2902	787	6	maria	maria	PROPN
cblr-2902	787	7	vassalou	vassalou	PROPN
cblr-2902	787	8	&	&	CCONJ
cblr-2902	787	9	yuhang	yuhang	PROPN
cblr-2902	787	10	xing	xing	PROPN
cblr-2902	787	11	,	,	PUNCT
cblr-2902	787	12	default	default	NOUN
cblr-2902	787	13	risk	risk	NOUN
cblr-2902	787	14	in	in	ADP
cblr-2902	787	15	equity	equity	NOUN
cblr-2902	787	16	returns	return	NOUN
cblr-2902	787	17	,	,	PUNCT
cblr-2902	787	18	59	59	NUM
cblr-2902	787	19	j.	j.	PROPN
cblr-2902	787	20	fin	fin	PROPN
cblr-2902	787	21	.	.	PUNCT
cblr-2902	788	1	831	831	NUM
cblr-2902	788	2	(	(	PUNCT
cblr-2902	788	3	2004	2004	NUM
cblr-2902	788	4	)	)	PUNCT
cblr-2902	788	5	;	;	PUNCT
cblr-2902	788	6	antje	antje	PROPN
cblr-2902	788	7	berndt	berndt	PROPN
cblr-2902	788	8	et	et	PROPN
cblr-2902	788	9	al	al	PROPN
cblr-2902	788	10	.	.	PROPN
cblr-2902	788	11	,	,	PUNCT
cblr-2902	788	12	measuring	measure	VERB
cblr-2902	788	13	default	default	NOUN
cblr-2902	788	14	risk	risk	NOUN
cblr-2902	788	15	premia	premia	NOUN
cblr-2902	788	16	from	from	ADP
cblr-2902	788	17	default	default	NOUN
cblr-2902	788	18	swap	swap	NOUN
cblr-2902	788	19	rates	rate	NOUN
cblr-2902	788	20	and	and	CCONJ
cblr-2902	788	21	edfs	edfs	NOUN
cblr-2902	788	22	(	(	PUNCT
cblr-2902	788	23	bank	bank	NOUN
cblr-2902	788	24	for	for	ADP
cblr-2902	788	25	int'l	int'l	NOUN
cblr-2902	788	26	settlements	settlement	NOUN
cblr-2902	788	27	,	,	PUNCT
cblr-2902	788	28	working	work	VERB
cblr-2902	788	29	paper	paper	NOUN
cblr-2902	788	30	no	no	INTJ
cblr-2902	788	31	.	.	PROPN
cblr-2902	788	32	173	173	NUM
cblr-2902	788	33	,	,	PUNCT
cblr-2902	788	34	2005	2005	NUM
cblr-2902	788	35	)	)	PUNCT
cblr-2902	788	36	,	,	PUNCT
cblr-2902	788	37	available	available	ADJ
cblr-2902	788	38	at	at	ADP
cblr-2902	788	39	http://ssrn.com/abstract=	http://ssrn.com/abstract=	PROPN
cblr-2902	788	40	556080	556080	NUM
cblr-2902	788	41	.	.	PUNCT
cblr-2902	789	1	if	if	SCONJ
cblr-2902	789	2	equity	equity	NOUN
cblr-2902	789	3	is	be	AUX
cblr-2902	789	4	a	a	DET
cblr-2902	789	5	call	call	NOUN
cblr-2902	789	6	option	option	NOUN
cblr-2902	789	7	,	,	PUNCT
cblr-2902	789	8	then	then	ADV
cblr-2902	789	9	the	the	DET
cblr-2902	789	10	strike	strike	NOUN
cblr-2902	789	11	price	price	NOUN
cblr-2902	789	12	equals	equal	VERB
cblr-2902	789	13	the	the	DET
cblr-2902	789	14	firm	firm	NOUN
cblr-2902	789	15	's	's	PART
cblr-2902	789	16	liabilities	liability	NOUN
cblr-2902	789	17	.	.	PUNCT
cblr-2902	790	1	if	if	SCONJ
cblr-2902	790	2	the	the	DET
cblr-2902	790	3	firm	firm	NOUN
cblr-2902	790	4	is	be	AUX
cblr-2902	790	5	only	only	ADV
cblr-2902	790	6	worth	worth	ADJ
cblr-2902	790	7	as	as	ADV
cblr-2902	790	8	much	much	ADV
cblr-2902	790	9	as	as	ADP
cblr-2902	790	10	its	its	PRON
cblr-2902	790	11	debt	debt	NOUN
cblr-2902	790	12	,	,	PUNCT
cblr-2902	790	13	then	then	ADV
cblr-2902	790	14	equity	equity	NOUN
cblr-2902	790	15	is	be	AUX
cblr-2902	790	16	worth	worth	ADJ
cblr-2902	790	17	zero	zero	NUM
cblr-2902	790	18	.	.	PUNCT
cblr-2902	791	1	if	if	SCONJ
cblr-2902	791	2	the	the	DET
cblr-2902	791	3	firm	firm	NOUN
cblr-2902	791	4	is	be	AUX
cblr-2902	791	5	worth	worth	ADJ
cblr-2902	791	6	far	far	ADV
cblr-2902	791	7	less	less	ADJ
cblr-2902	791	8	than	than	ADP
cblr-2902	791	9	its	its	PRON
cblr-2902	791	10	debt	debt	NOUN
cblr-2902	791	11	,	,	PUNCT
cblr-2902	791	12	equity	equity	NOUN
cblr-2902	791	13	is	be	AUX
cblr-2902	791	14	still	still	ADV
cblr-2902	791	15	worth	worth	ADJ
cblr-2902	791	16	zero	zero	NUM
cblr-2902	791	17	-	-	PUNCT
cblr-2902	791	18	the	the	DET
cblr-2902	791	19	downside	downside	NOUN
cblr-2902	791	20	is	be	AUX
cblr-2902	791	21	capped	cap	VERB
cblr-2902	791	22	.	.	PUNCT
cblr-2902	792	1	if	if	SCONJ
cblr-2902	792	2	the	the	DET
cblr-2902	792	3	firm	firm	NOUN
cblr-2902	792	4	is	be	AUX
cblr-2902	792	5	worth	worth	ADJ
cblr-2902	792	6	more	more	ADJ
cblr-2902	792	7	than	than	ADP
cblr-2902	792	8	its	its	PRON
cblr-2902	792	9	debt	debt	NOUN
cblr-2902	792	10	,	,	PUNCT
cblr-2902	792	11	the	the	DET
cblr-2902	792	12	option	option	NOUN
cblr-2902	792	13	is	be	AUX
cblr-2902	792	14	in	in	ADP
cblr-2902	792	15	the	the	DET
cblr-2902	792	16	money	money	NOUN
cblr-2902	792	17	and	and	CCONJ
cblr-2902	792	18	equity	equity	NOUN
cblr-2902	792	19	is	be	AUX
cblr-2902	792	20	positive	positive	ADJ
cblr-2902	792	21	.	.	PUNCT
cblr-2902	793	1	like	like	ADP
cblr-2902	793	2	all	all	DET
cblr-2902	793	3	options	option	NOUN
cblr-2902	793	4	,	,	PUNCT
cblr-2902	793	5	equity	equity	NOUN
cblr-2902	793	6	expires	expire	VERB
cblr-2902	793	7	,	,	PUNCT
cblr-2902	793	8	but	but	CCONJ
cblr-2902	793	9	the	the	DET
cblr-2902	793	10	expiration	expiration	NOUN
cblr-2902	793	11	is	be	AUX
cblr-2902	793	12	not	not	PART
cblr-2902	793	13	on	on	ADP
cblr-2902	793	14	a	a	DET
cblr-2902	793	15	set	set	VERB
cblr-2902	793	16	date	date	NOUN
cblr-2902	793	17	.	.	PUNCT
cblr-2902	794	1	instead	instead	ADV
cblr-2902	794	2	,	,	PUNCT
cblr-2902	794	3	equity	equity	NOUN
cblr-2902	794	4	expires	expire	VERB
cblr-2902	794	5	when	when	SCONJ
cblr-2902	794	6	the	the	DET
cblr-2902	794	7	firm	firm	NOUN
cblr-2902	794	8	runs	run	VERB
cblr-2902	794	9	out	out	ADP
cblr-2902	794	10	of	of	ADP
cblr-2902	794	11	cash	cash	NOUN
cblr-2902	794	12	and	and	CCONJ
cblr-2902	794	13	is	be	AUX
cblr-2902	794	14	forced	force	VERB
cblr-2902	794	15	to	to	PART
cblr-2902	794	16	enter	enter	VERB
cblr-2902	794	17	bankruptcy	bankruptcy	NOUN
cblr-2902	794	18	,	,	PUNCT
cblr-2902	794	19	at	at	ADP
cblr-2902	794	20	which	which	DET
cblr-2902	794	21	point	point	NOUN
cblr-2902	794	22	equity	equity	NOUN
cblr-2902	794	23	is	be	AUX
cblr-2902	794	24	wiped	wipe	VERB
cblr-2902	794	25	out	out	ADP
cblr-2902	794	26	.	.	PUNCT
cblr-2902	795	1	"	"	PUNCT
cblr-2902	795	2	6	6	NUM
cblr-2902	795	3	although	although	SCONJ
cblr-2902	795	4	the	the	DET
cblr-2902	795	5	opinions	opinion	NOUN
cblr-2902	795	6	in	in	ADP
cblr-2902	795	7	vfb	vfb	PROPN
cblr-2902	795	8	and	and	CCONJ
cblr-2902	795	9	iridium	iridium	NOUN
cblr-2902	795	10	may	may	AUX
cblr-2902	795	11	reflect	reflect	VERB
cblr-2902	795	12	a	a	DET
cblr-2902	795	13	misunderstanding	misunderstanding	NOUN
cblr-2902	795	14	of	of	ADP
cblr-2902	795	15	the	the	DET
cblr-2902	795	16	relationship	relationship	NOUN
cblr-2902	795	17	between	between	ADP
cblr-2902	795	18	equity	equity	NOUN
cblr-2902	795	19	prices	price	NOUN
cblr-2902	795	20	and	and	CCONJ
cblr-2902	795	21	the	the	DET
cblr-2902	795	22	likelihood	likelihood	NOUN
cblr-2902	795	23	of	of	ADP
cblr-2902	795	24	insolvency	insolvency	NOUN
cblr-2902	795	25	,	,	PUNCT
cblr-2902	795	26	the	the	DET
cblr-2902	795	27	courts	court	NOUN
cblr-2902	795	28	probably	probably	ADV
cblr-2902	795	29	came	come	VERB
cblr-2902	795	30	to	to	ADP
cblr-2902	795	31	the	the	DET
cblr-2902	795	32	correct	correct	ADJ
cblr-2902	795	33	conclusion	conclusion	NOUN
cblr-2902	795	34	regarding	regard	VERB
cblr-2902	795	35	solvency	solvency	NOUN
cblr-2902	795	36	of	of	ADP
cblr-2902	795	37	the	the	DET
cblr-2902	795	38	debtor	debtor	NOUN
cblr-2902	795	39	because	because	SCONJ
cblr-2902	795	40	they	they	PRON
cblr-2902	795	41	also	also	ADV
cblr-2902	795	42	considered	consider	VERB
cblr-2902	795	43	indicators	indicator	NOUN
cblr-2902	795	44	of	of	ADP
cblr-2902	795	45	solvency	solvency	NOUN
cblr-2902	795	46	from	from	ADP
cblr-2902	795	47	the	the	DET
cblr-2902	795	48	debt	debt	NOUN
cblr-2902	795	49	markets	market	NOUN
cblr-2902	795	50	.	.	PUNCT
cblr-2902	796	1	161	161	NUM
cblr-2902	796	2	see	see	VERB
cblr-2902	796	3	berndt	berndt	PROPN
cblr-2902	796	4	et	et	PROPN
cblr-2902	796	5	al	al	PROPN
cblr-2902	796	6	.	.	PROPN
cblr-2902	796	7	,	,	PUNCT
cblr-2902	796	8	supra	supra	PROPN
cblr-2902	796	9	note	note	PROPN
cblr-2902	796	10	159	159	NUM
cblr-2902	796	11	,	,	PUNCT
cblr-2902	796	12	at	at	ADP
cblr-2902	796	13	7	7	NUM
cblr-2902	796	14	-	-	SYM
cblr-2902	796	15	8	8	NUM
cblr-2902	796	16	.	.	PUNCT
cblr-2902	796	17	162	162	NUM
cblr-2902	796	18	see	see	VERB
cblr-2902	796	19	sreedhar	sreedhar	ADJ
cblr-2902	796	20	t.	t.	PROPN
cblr-2902	796	21	bharath	bharath	PROPN
cblr-2902	796	22	&	&	CCONJ
cblr-2902	796	23	tyler	tyler	PROPN
cblr-2902	796	24	shumway	shumway	PROPN
cblr-2902	796	25	,	,	PUNCT
cblr-2902	796	26	forecasting	forecasting	NOUN
cblr-2902	796	27	default	default	NOUN
cblr-2902	796	28	with	with	ADP
cblr-2902	796	29	the	the	DET
cblr-2902	796	30	kmv	kmv	NOUN
cblr-2902	796	31	-	-	PUNCT
cblr-2902	796	32	merton	merton	NOUN
cblr-2902	796	33	model	model	NOUN
cblr-2902	796	34	,	,	PUNCT
cblr-2902	796	35	1	1	NUM
cblr-2902	796	36	-	-	SYM
cblr-2902	796	37	3	3	NUM
cblr-2902	796	38	,	,	PUNCT
cblr-2902	796	39	23	23	NUM
cblr-2902	796	40	(	(	PUNCT
cblr-2902	796	41	afa	afa	PROPN
cblr-2902	796	42	2006	2006	PROPN
cblr-2902	796	43	boston	boston	PROPN
cblr-2902	796	44	meetings	meetings	PROPN
cblr-2902	796	45	paper	paper	NOUN
cblr-2902	796	46	,	,	PUNCT
cblr-2902	796	47	2004	2004	NUM
cblr-2902	796	48	)	)	PUNCT
cblr-2902	796	49	,	,	PUNCT
cblr-2902	796	50	available	available	ADJ
cblr-2902	796	51	at	at	ADP
cblr-2902	796	52	http://ssrn.com/abstract=637342	http://ssrn.com/abstract=637342	PROPN
cblr-2902	796	53	(	(	PUNCT
cblr-2902	796	54	finding	find	VERB
cblr-2902	796	55	that	that	SCONJ
cblr-2902	796	56	the	the	DET
cblr-2902	796	57	most	most	ADV
cblr-2902	796	58	widely	widely	ADV
cblr-2902	796	59	applied	apply	VERB
cblr-2902	796	60	equity	equity	NOUN
cblr-2902	796	61	-	-	PUNCT
cblr-2902	796	62	based	base	VERB
cblr-2902	796	63	model	model	NOUN
cblr-2902	796	64	of	of	ADP
cblr-2902	796	65	implied	imply	VERB
cblr-2902	796	66	probability	probability	NOUN
cblr-2902	796	67	of	of	ADP
cblr-2902	796	68	default	default	NOUN
cblr-2902	796	69	,	,	PUNCT
cblr-2902	796	70	kmvmerton	kmvmerton	NOUN
cblr-2902	796	71	,	,	PUNCT
cblr-2902	796	72	performs	perform	VERB
cblr-2902	796	73	poorly	poorly	ADV
cblr-2902	796	74	as	as	ADP
cblr-2902	796	75	a	a	DET
cblr-2902	796	76	predictor	predictor	NOUN
cblr-2902	796	77	of	of	ADP
cblr-2902	796	78	default	default	NOUN
cblr-2902	796	79	,	,	PUNCT
cblr-2902	796	80	possibly	possibly	ADV
cblr-2902	796	81	because	because	SCONJ
cblr-2902	796	82	of	of	ADP
cblr-2902	796	83	unrealistic	unrealistic	ADJ
cblr-2902	796	84	assumptions	assumption	NOUN
cblr-2902	796	85	and	and	CCONJ
cblr-2902	796	86	unnecessary	unnecessary	ADJ
cblr-2902	796	87	mathematic	mathematic	ADJ
cblr-2902	796	88	complexity	complexity	NOUN
cblr-2902	796	89	)	)	PUNCT
cblr-2902	796	90	;	;	PUNCT
cblr-2902	797	1	vineet	vineet	PROPN
cblr-2902	797	2	no	no	INTJ
cblr-2902	797	3	.	.	NOUN
cblr-2902	797	4	1	1	NUM
cblr-2902	797	5	:	:	SYM
cblr-2902	797	6	118]1	118]1	NUM
cblr-2902	797	7	165	165	NUM
cblr-2902	797	8	for	for	ADP
cblr-2902	797	9	a	a	DET
cblr-2902	797	10	more	more	ADV
cblr-2902	797	11	detailed	detailed	ADJ
cblr-2902	797	12	explanation	explanation	NOUN
cblr-2902	797	13	of	of	ADP
cblr-2902	797	14	why	why	SCONJ
cblr-2902	797	15	equity	equity	NOUN
cblr-2902	797	16	prices	price	NOUN
cblr-2902	797	17	provide	provide	VERB
cblr-2902	797	18	a	a	DET
cblr-2902	797	19	very	very	ADV
cblr-2902	797	20	noisy	noisy	ADJ
cblr-2902	797	21	and	and	CCONJ
cblr-2902	797	22	difficult	difficult	ADJ
cblr-2902	797	23	-	-	PUNCT
cblr-2902	797	24	to	to	ADP
cblr-2902	797	25	-	-	PUNCT
cblr-2902	797	26	interpret	interpret	VERB
cblr-2902	797	27	signal	signal	NOUN
cblr-2902	797	28	of	of	ADP
cblr-2902	797	29	probability	probability	NOUN
cblr-2902	797	30	of	of	ADP
cblr-2902	797	31	default	default	NOUN
cblr-2902	797	32	,	,	PUNCT
cblr-2902	797	33	see	see	VERB
cblr-2902	797	34	part	part	NOUN
cblr-2902	797	35	viii	viii	ADJ
cblr-2902	797	36	,	,	PUNCT
cblr-2902	797	37	appendix	appendix	PROPN
cblr-2902	797	38	ii	ii	PROPN
cblr-2902	797	39	:	:	PUNCT
cblr-2902	797	40	explanation	explanation	NOUN
cblr-2902	797	41	and	and	CCONJ
cblr-2902	797	42	evidence	evidence	NOUN
cblr-2902	797	43	for	for	ADP
cblr-2902	797	44	equity	equity	NOUN
cblr-2902	797	45	as	as	ADP
cblr-2902	797	46	option	option	NOUN
cblr-2902	797	47	value	value	NOUN
cblr-2902	797	48	.	.	PUNCT
cblr-2902	798	1	instead	instead	ADV
cblr-2902	798	2	of	of	ADP
cblr-2902	798	3	equity	equity	NOUN
cblr-2902	798	4	,	,	PUNCT
cblr-2902	798	5	courts	court	NOUN
cblr-2902	798	6	should	should	AUX
cblr-2902	798	7	use	use	VERB
cblr-2902	798	8	credit	credit	NOUN
cblr-2902	798	9	spreads	spread	NOUN
cblr-2902	798	10	.	.	PUNCT
cblr-2902	799	1	b.	b.	NOUN
cblr-2902	799	2	credit	credit	NOUN
cblr-2902	799	3	spreads	spread	NOUN
cblr-2902	799	4	should	should	AUX
cblr-2902	799	5	be	be	AUX
cblr-2902	799	6	used	use	VERB
cblr-2902	799	7	to	to	PART
cblr-2902	799	8	measure	measure	VERB
cblr-2902	799	9	credit	credit	NOUN
cblr-2902	799	10	market	market	NOUN
cblr-2902	799	11	implied	imply	VERB
cblr-2902	799	12	probabilities	probability	NOUN
cblr-2902	799	13	of	of	ADP
cblr-2902	799	14	default	default	NOUN
cblr-2902	799	15	when	when	SCONJ
cblr-2902	799	16	courts	court	NOUN
cblr-2902	799	17	apply	apply	VERB
cblr-2902	799	18	fraudulent	fraudulent	ADJ
cblr-2902	799	19	transfer	transfer	NOUN
cblr-2902	799	20	law	law	NOUN
cblr-2902	799	21	,	,	PUNCT
cblr-2902	799	22	they	they	PRON
cblr-2902	799	23	engage	engage	VERB
cblr-2902	799	24	in	in	ADP
cblr-2902	799	25	a	a	DET
cblr-2902	799	26	similar	similar	ADJ
cblr-2902	799	27	analysis	analysis	NOUN
cblr-2902	799	28	to	to	ADP
cblr-2902	799	29	fixed	fix	VERB
cblr-2902	799	30	income	income	NOUN
cblr-2902	799	31	investors	investor	NOUN
cblr-2902	799	32	63	63	NUM
cblr-2902	799	33	who	who	PRON
cblr-2902	799	34	buy	buy	VERB
cblr-2902	799	35	or	or	CCONJ
cblr-2902	799	36	sell	sell	VERB
cblr-2902	799	37	corporate	corporate	ADJ
cblr-2902	799	38	debt	debt	NOUN
cblr-2902	799	39	(	(	PUNCT
cblr-2902	799	40	bonds	bond	NOUN
cblr-2902	799	41	)	)	PUNCT
cblr-2902	799	42	or	or	CCONJ
cblr-2902	799	43	insurance	insurance	NOUN
cblr-2902	799	44	on	on	ADP
cblr-2902	799	45	corporate	corporate	ADJ
cblr-2902	799	46	debt	debt	NOUN
cblr-2902	799	47	(	(	PUNCT
cblr-2902	799	48	credit	credit	NOUN
cblr-2902	799	49	default	default	NOUN
cblr-2902	799	50	swaps	swap	NOUN
cblr-2902	799	51	)	)	PUNCT
cblr-2902	799	52	.	.	PUNCT
cblr-2902	800	1	courts	court	NOUN
cblr-2902	800	2	must	must	AUX
cblr-2902	800	3	determine	determine	VERB
cblr-2902	800	4	whether	whether	SCONJ
cblr-2902	800	5	,	,	PUNCT
cblr-2902	800	6	at	at	ADP
cblr-2902	800	7	the	the	DET
cblr-2902	800	8	time	time	NOUN
cblr-2902	800	9	of	of	ADP
cblr-2902	800	10	the	the	DET
cblr-2902	800	11	alleged	allege	VERB
cblr-2902	800	12	fraudulent	fraudulent	ADJ
cblr-2902	800	13	transfer	transfer	NOUN
cblr-2902	800	14	,	,	PUNCT
cblr-2902	800	15	the	the	DET
cblr-2902	800	16	debtor	debtor	NOUN
cblr-2902	800	17	was	be	AUX
cblr-2902	800	18	inadequately	inadequately	ADV
cblr-2902	800	19	capitalized	capitalize	VERB
cblr-2902	800	20	and	and	CCONJ
cblr-2902	800	21	likely	likely	ADJ
cblr-2902	800	22	to	to	PART
cblr-2902	800	23	become	become	VERB
cblr-2902	800	24	unable	unable	ADJ
cblr-2902	800	25	to	to	PART
cblr-2902	800	26	pay	pay	VERB
cblr-2902	800	27	its	its	PRON
cblr-2902	800	28	debts	debt	NOUN
cblr-2902	800	29	based	base	VERB
cblr-2902	800	30	on	on	ADP
cblr-2902	800	31	reasonable	reasonable	ADJ
cblr-2902	800	32	projected	project	VERB
cblr-2902	800	33	future	future	ADJ
cblr-2902	800	34	cash	cash	NOUN
cblr-2902	800	35	flows	flow	NOUN
cblr-2902	800	36	.	.	PUNCT
cblr-2902	801	1	fixed	fix	VERB
cblr-2902	801	2	income	income	NOUN
cblr-2902	801	3	investors	investor	NOUN
cblr-2902	801	4	must	must	AUX
cblr-2902	801	5	similarly	similarly	ADV
cblr-2902	801	6	determine	determine	VERB
cblr-2902	801	7	the	the	DET
cblr-2902	801	8	likelihood	likelihood	NOUN
cblr-2902	801	9	that	that	SCONJ
cblr-2902	801	10	the	the	DET
cblr-2902	801	11	bond	bond	NOUN
cblr-2902	801	12	issuer	issuer	NOUN
cblr-2902	801	13	(	(	PUNCT
cblr-2902	801	14	debtor	debtor	NOUN
cblr-2902	801	15	)	)	PUNCT
cblr-2902	801	16	will	will	AUX
cblr-2902	801	17	default	default	VERB
cblr-2902	801	18	on	on	ADP
cblr-2902	801	19	its	its	PRON
cblr-2902	801	20	obligations	obligation	NOUN
cblr-2902	801	21	and	and	CCONJ
cblr-2902	801	22	the	the	DET
cblr-2902	801	23	likely	likely	ADJ
cblr-2902	801	24	severity	severity	NOUN
cblr-2902	801	25	of	of	ADP
cblr-2902	801	26	any	any	DET
cblr-2902	801	27	default	default	NOUN
cblr-2902	801	28	.	.	PUNCT
cblr-2902	802	1	courts	court	NOUN
cblr-2902	802	2	face	face	VERB
cblr-2902	802	3	a	a	DET
cblr-2902	802	4	more	more	ADV
cblr-2902	802	5	challenging	challenging	ADJ
cblr-2902	802	6	task	task	NOUN
cblr-2902	802	7	than	than	ADP
cblr-2902	802	8	fixed	fix	VERB
cblr-2902	802	9	income	income	NOUN
cblr-2902	802	10	investors	investor	NOUN
cblr-2902	802	11	,	,	PUNCT
cblr-2902	802	12	however	however	ADV
cblr-2902	802	13	,	,	PUNCT
cblr-2902	802	14	because	because	SCONJ
cblr-2902	802	15	by	by	ADP
cblr-2902	802	16	law	law	NOUN
cblr-2902	802	17	,	,	PUNCT
cblr-2902	802	18	courts	court	NOUN
cblr-2902	802	19	must	must	AUX
cblr-2902	802	20	act	act	VERB
cblr-2902	802	21	without	without	ADP
cblr-2902	802	22	hindsight	hindsight	ADJ
cblr-2902	802	23	,	,	PUNCT
cblr-2902	802	24	even	even	ADV
cblr-2902	802	25	though	though	SCONJ
cblr-2902	802	26	they	they	PRON
cblr-2902	802	27	are	be	AUX
cblr-2902	802	28	fully	fully	ADV
cblr-2902	802	29	aware	aware	ADJ
cblr-2902	802	30	that	that	SCONJ
cblr-2902	802	31	the	the	DET
cblr-2902	802	32	debtor	debtor	NOUN
cblr-2902	802	33	ultimately	ultimately	ADV
cblr-2902	802	34	filed	file	VERB
cblr-2902	802	35	for	for	ADP
cblr-2902	802	36	bankruptcy	bankruptcy	NOUN
cblr-2902	802	37	.	.	PUNCT
cblr-2902	803	1	by	by	ADP
cblr-2902	803	2	contrast	contrast	NOUN
cblr-2902	803	3	,	,	PUNCT
cblr-2902	803	4	investors	investor	NOUN
cblr-2902	803	5	need	need	VERB
cblr-2902	803	6	only	only	ADV
cblr-2902	803	7	act	act	VERB
cblr-2902	803	8	in	in	ADP
cblr-2902	803	9	the	the	DET
cblr-2902	803	10	moment	moment	NOUN
cblr-2902	803	11	based	base	VERB
cblr-2902	803	12	on	on	ADP
cblr-2902	803	13	the	the	DET
cblr-2902	803	14	best	good	ADJ
cblr-2902	803	15	information	information	NOUN
cblr-2902	803	16	available	available	ADJ
cblr-2902	803	17	to	to	ADP
cblr-2902	803	18	them	they	PRON
cblr-2902	803	19	at	at	ADP
cblr-2902	803	20	the	the	DET
cblr-2902	803	21	time	time	NOUN
cblr-2902	803	22	.	.	PUNCT
cblr-2902	804	1	when	when	SCONJ
cblr-2902	804	2	bond	bond	NOUN
cblr-2902	804	3	market	market	NOUN
cblr-2902	804	4	and	and	CCONJ
cblr-2902	804	5	cds	cd	NOUN
cblr-2902	804	6	participants	participant	NOUN
cblr-2902	804	7	trade	trade	VERB
cblr-2902	804	8	,	,	PUNCT
cblr-2902	804	9	they	they	PRON
cblr-2902	804	10	leave	leave	VERB
cblr-2902	804	11	a	a	DET
cblr-2902	804	12	record	record	NOUN
cblr-2902	804	13	of	of	ADP
cblr-2902	804	14	the	the	DET
cblr-2902	804	15	conclusions	conclusion	NOUN
cblr-2902	804	16	of	of	ADP
cblr-2902	804	17	their	their	PRON
cblr-2902	804	18	analysis	analysis	NOUN
cblr-2902	804	19	.	.	PUNCT
cblr-2902	805	1	this	this	DET
cblr-2902	805	2	record	record	NOUN
cblr-2902	805	3	is	be	AUX
cblr-2902	805	4	prospective	prospective	ADJ
cblr-2902	805	5	because	because	SCONJ
cblr-2902	805	6	market	market	NOUN
cblr-2902	805	7	participants	participant	NOUN
cblr-2902	805	8	always	always	ADV
cblr-2902	805	9	act	act	VERB
cblr-2902	805	10	in	in	ADP
cblr-2902	805	11	the	the	DET
cblr-2902	805	12	moment	moment	NOUN
cblr-2902	805	13	,	,	PUNCT
cblr-2902	805	14	without	without	ADP
cblr-2902	805	15	the	the	DET
cblr-2902	805	16	benefit	benefit	NOUN
cblr-2902	805	17	of	of	ADP
cblr-2902	805	18	hindsight	hindsight	NOUN
cblr-2902	805	19	.	.	PUNCT
cblr-2902	806	1	this	this	DET
cblr-2902	806	2	record	record	NOUN
cblr-2902	806	3	is	be	AUX
cblr-2902	806	4	also	also	ADV
cblr-2902	806	5	likely	likely	ADJ
cblr-2902	806	6	to	to	PART
cblr-2902	806	7	reflect	reflect	VERB
cblr-2902	806	8	a	a	DET
cblr-2902	806	9	reasonably	reasonably	ADV
cblr-2902	806	10	good	good	ADJ
cblr-2902	806	11	assessment	assessment	NOUN
cblr-2902	806	12	of	of	ADP
cblr-2902	806	13	the	the	DET
cblr-2902	806	14	probability	probability	NOUN
cblr-2902	806	15	of	of	ADP
cblr-2902	806	16	default	default	NOUN
cblr-2902	806	17	because	because	SCONJ
cblr-2902	806	18	large	large	ADJ
cblr-2902	806	19	fixed	fix	VERB
cblr-2902	806	20	income	income	NOUN
cblr-2902	806	21	market	market	NOUN
cblr-2902	806	22	participants	participant	NOUN
cblr-2902	806	23	-	-	PUNCT
cblr-2902	806	24	such	such	ADJ
cblr-2902	806	25	as	as	ADP
cblr-2902	806	26	investment	investment	NOUN
cblr-2902	806	27	managers	manager	NOUN
cblr-2902	806	28	at	at	ADP
cblr-2902	806	29	mutual	mutual	ADJ
cblr-2902	806	30	agarwal	agarwal	PROPN
cblr-2902	806	31	&	&	CCONJ
cblr-2902	806	32	richard	richard	PROPN
cblr-2902	806	33	j.	j.	PROPN
cblr-2902	806	34	taffler	taffler	PROPN
cblr-2902	806	35	,	,	PUNCT
cblr-2902	806	36	comparing	compare	VERB
cblr-2902	806	37	the	the	DET
cblr-2902	806	38	performance	performance	NOUN
cblr-2902	806	39	of	of	ADP
cblr-2902	806	40	marketbased	marketbase	VERB
cblr-2902	806	41	and	and	CCONJ
cblr-2902	806	42	accounting	accounting	NOUN
cblr-2902	806	43	-	-	PUNCT
cblr-2902	806	44	based	base	VERB
cblr-2902	806	45	bankruptcy	bankruptcy	NOUN
cblr-2902	806	46	prediction	prediction	NOUN
cblr-2902	806	47	models	model	NOUN
cblr-2902	806	48	,	,	PUNCT
cblr-2902	806	49	3	3	NUM
cblr-2902	806	50	-	-	SYM
cblr-2902	806	51	4	4	NUM
cblr-2902	806	52	(	(	PUNCT
cblr-2902	806	53	sept	sept	PROPN
cblr-2902	806	54	.	.	PROPN
cblr-2902	806	55	18	18	NUM
cblr-2902	806	56	,	,	PUNCT
cblr-2902	806	57	2006	2006	NUM
cblr-2902	806	58	)	)	PUNCT
cblr-2902	806	59	(	(	PUNCT
cblr-2902	806	60	unpublished	unpublished	ADJ
cblr-2902	806	61	manuscript	manuscript	NOUN
cblr-2902	806	62	)	)	PUNCT
cblr-2902	806	63	,	,	PUNCT
cblr-2902	806	64	http://ssrn.com/paper=968252	http://ssrn.com/paper=968252	NOUN
cblr-2902	806	65	(	(	PUNCT
cblr-2902	806	66	describing	describe	VERB
cblr-2902	806	67	the	the	DET
cblr-2902	806	68	unrealistic	unrealistic	ADJ
cblr-2902	806	69	assumptions	assumption	NOUN
cblr-2902	806	70	that	that	PRON
cblr-2902	806	71	underlie	underlie	VERB
cblr-2902	806	72	structural	structural	ADJ
cblr-2902	806	73	models	model	NOUN
cblr-2902	806	74	such	such	ADJ
cblr-2902	806	75	as	as	ADP
cblr-2902	806	76	kmvmerton	kmvmerton	NOUN
cblr-2902	806	77	)	)	PUNCT
cblr-2902	806	78	.	.	PUNCT
cblr-2902	807	1	163	163	NUM
cblr-2902	807	2	the	the	DET
cblr-2902	807	3	phrases	phrase	NOUN
cblr-2902	807	4	"	"	PUNCT
cblr-2902	807	5	traders	trader	NOUN
cblr-2902	807	6	"	"	PUNCT
cblr-2902	807	7	and	and	CCONJ
cblr-2902	807	8	"	"	PUNCT
cblr-2902	807	9	investors	investor	NOUN
cblr-2902	807	10	"	"	PUNCT
cblr-2902	807	11	are	be	AUX
cblr-2902	807	12	used	use	VERB
cblr-2902	807	13	interchangeably	interchangeably	ADV
cblr-2902	807	14	in	in	ADP
cblr-2902	807	15	this	this	DET
cblr-2902	807	16	article	article	NOUN
cblr-2902	807	17	.	.	PUNCT
cblr-2902	808	1	col	col	PROPN
cblr-2902	808	2	umbia	umbia	PROPN
cblr-2902	808	3	b	b	PROPN
cblr-2902	808	4	usiness	usiness	PROPN
cblr-2902	808	5	la	la	PROPN
cblr-2902	808	6	w	w	PROPN
cblr-2902	808	7	re	re	PROPN
cblr-2902	808	8	vie	vie	PROPN
cblr-2902	808	9	w	w	PROPN
cblr-2902	809	1	[	[	X
cblr-2902	809	2	vol	vol	NOUN
cblr-2902	809	3	.	.	PUNCT
cblr-2902	809	4	2011166	2011166	NUM
cblr-2902	809	5	funds	fund	NOUN
cblr-2902	809	6	,	,	PUNCT
cblr-2902	809	7	insurance	insurance	NOUN
cblr-2902	809	8	companies	company	NOUN
cblr-2902	809	9	,	,	PUNCT
cblr-2902	809	10	and	and	CCONJ
cblr-2902	809	11	pension	pension	NOUN
cblr-2902	809	12	funds	fund	NOUN
cblr-2902	809	13	and	and	CCONJ
cblr-2902	809	14	traders	trader	NOUN
cblr-2902	809	15	at	at	ADP
cblr-2902	809	16	hedge	hedge	NOUN
cblr-2902	809	17	funds	fund	NOUN
cblr-2902	809	18	and	and	CCONJ
cblr-2902	809	19	investment	investment	NOUN
cblr-2902	809	20	banks	bank	NOUN
cblr-2902	809	21	-	-	PUNCT
cblr-2902	809	22	are	be	AUX
cblr-2902	809	23	generally	generally	ADV
cblr-2902	809	24	sophisticated	sophisticated	ADJ
cblr-2902	809	25	,	,	PUNCT
cblr-2902	809	26	well	well	ADV
cblr-2902	809	27	-	-	PUNCT
cblr-2902	809	28	informed	inform	VERB
cblr-2902	809	29	,	,	PUNCT
cblr-2902	809	30	and	and	CCONJ
cblr-2902	809	31	data	datum	NOUN
cblr-2902	809	32	-	-	PUNCT
cblr-2902	809	33	driven	drive	VERB
cblr-2902	809	34	.	.	PUNCT
cblr-2902	810	1	bond	bond	NOUN
cblr-2902	810	2	prices	price	NOUN
cblr-2902	810	3	should	should	AUX
cblr-2902	810	4	not	not	PART
cblr-2902	810	5	be	be	AUX
cblr-2902	810	6	used	use	VERB
cblr-2902	810	7	because	because	SCONJ
cblr-2902	810	8	bonds	bond	NOUN
cblr-2902	810	9	can	can	AUX
cblr-2902	810	10	trade	trade	VERB
cblr-2902	810	11	above	above	ADP
cblr-2902	810	12	or	or	CCONJ
cblr-2902	810	13	below	below	ADP
cblr-2902	810	14	par	par	NOUN
cblr-2902	810	15	because	because	SCONJ
cblr-2902	810	16	of	of	ADP
cblr-2902	810	17	factors	factor	NOUN
cblr-2902	810	18	that	that	PRON
cblr-2902	810	19	are	be	AUX
cblr-2902	810	20	unrelated	unrelated	ADJ
cblr-2902	810	21	to	to	ADP
cblr-2902	810	22	the	the	DET
cblr-2902	810	23	probability	probability	NOUN
cblr-2902	810	24	or	or	CCONJ
cblr-2902	810	25	severity	severity	NOUN
cblr-2902	810	26	of	of	ADP
cblr-2902	810	27	default	default	NOUN
cblr-2902	810	28	.	.	PUNCT
cblr-2902	811	1	these	these	DET
cblr-2902	811	2	factors	factor	NOUN
cblr-2902	811	3	include	include	VERB
cblr-2902	811	4	current	current	ADJ
cblr-2902	811	5	and	and	CCONJ
cblr-2902	811	6	expected	expect	VERB
cblr-2902	811	7	fluctuations	fluctuation	NOUN
cblr-2902	811	8	in	in	ADP
cblr-2902	811	9	prevailing	prevail	VERB
cblr-2902	811	10	interest	interest	NOUN
cblr-2902	811	11	rates	rate	NOUN
cblr-2902	811	12	,	,	PUNCT
cblr-2902	811	13	which	which	PRON
cblr-2902	811	14	affect	affect	VERB
cblr-2902	811	15	yields	yield	NOUN
cblr-2902	811	16	and	and	CCONJ
cblr-2902	811	17	therefore	therefore	ADV
cblr-2902	811	18	prices	price	NOUN
cblr-2902	811	19	.	.	PUNCT
cblr-2902	811	20	'	'	PUNCT
cblr-2902	811	21	"	"	PUNCT
cblr-2902	811	22	bond	bond	NOUN
cblr-2902	811	23	price	price	NOUN
cblr-2902	811	24	movements	movement	NOUN
cblr-2902	811	25	can	can	AUX
cblr-2902	811	26	be	be	AUX
cblr-2902	811	27	dramatic	dramatic	ADJ
cblr-2902	811	28	if	if	SCONJ
cblr-2902	811	29	there	there	PRON
cblr-2902	811	30	is	be	VERB
cblr-2902	811	31	a	a	DET
cblr-2902	811	32	sufficiently	sufficiently	ADV
cblr-2902	811	33	large	large	ADJ
cblr-2902	811	34	change	change	NOUN
cblr-2902	811	35	in	in	ADP
cblr-2902	811	36	the	the	DET
cblr-2902	811	37	interest	interest	NOUN
cblr-2902	811	38	rate	rate	NOUN
cblr-2902	811	39	environment	environment	NOUN
cblr-2902	811	40	and	and	CCONJ
cblr-2902	811	41	if	if	SCONJ
cblr-2902	811	42	most	most	ADJ
cblr-2902	811	43	of	of	ADP
cblr-2902	811	44	the	the	DET
cblr-2902	811	45	payments	payment	NOUN
cblr-2902	811	46	on	on	ADP
cblr-2902	811	47	the	the	DET
cblr-2902	811	48	bond	bond	NOUN
cblr-2902	811	49	are	be	AUX
cblr-2902	811	50	due	due	ADJ
cblr-2902	811	51	far	far	ADV
cblr-2902	811	52	in	in	ADP
cblr-2902	811	53	the	the	DET
cblr-2902	811	54	future	future	NOUN
cblr-2902	811	55	(	(	PUNCT
cblr-2902	811	56	i.e.	i.e.	X
cblr-2902	811	57	,	,	PUNCT
cblr-2902	811	58	the	the	DET
cblr-2902	811	59	bond	bond	NOUN
cblr-2902	811	60	has	have	VERB
cblr-2902	811	61	a	a	DET
cblr-2902	811	62	high	high	ADJ
cblr-2902	811	63	duration	duration	NOUN
cblr-2902	811	64	)	)	PUNCT
cblr-2902	811	65	.	.	PUNCT
cblr-2902	812	1	instead	instead	ADV
cblr-2902	812	2	of	of	ADP
cblr-2902	812	3	bond	bond	NOUN
cblr-2902	812	4	prices	price	NOUN
cblr-2902	812	5	or	or	CCONJ
cblr-2902	812	6	yields	yield	NOUN
cblr-2902	812	7	,	,	PUNCT
cblr-2902	812	8	courts	court	NOUN
cblr-2902	812	9	should	should	AUX
cblr-2902	812	10	focus	focus	VERB
cblr-2902	812	11	on	on	ADP
cblr-2902	812	12	credit	credit	NOUN
cblr-2902	812	13	spreads	spread	NOUN
cblr-2902	812	14	.	.	PUNCT
cblr-2902	813	1	credit	credit	NOUN
cblr-2902	813	2	spreads	spread	NOUN
cblr-2902	813	3	can	can	AUX
cblr-2902	813	4	be	be	AUX
cblr-2902	813	5	the	the	DET
cblr-2902	813	6	difference	difference	NOUN
cblr-2902	813	7	between	between	ADP
cblr-2902	813	8	the	the	DET
cblr-2902	813	9	yield	yield	NOUN
cblr-2902	813	10	on	on	ADP
cblr-2902	813	11	a	a	DET
cblr-2902	813	12	bond	bond	NOUN
cblr-2902	813	13	with	with	ADP
cblr-2902	813	14	some	some	DET
cblr-2902	813	15	risk	risk	NOUN
cblr-2902	813	16	of	of	ADP
cblr-2902	813	17	default	default	NOUN
cblr-2902	813	18	and	and	CCONJ
cblr-2902	813	19	the	the	DET
cblr-2902	813	20	yield	yield	NOUN
cblr-2902	813	21	on	on	ADP
cblr-2902	813	22	a	a	DET
cblr-2902	813	23	risk	risk	NOUN
cblr-2902	813	24	-	-	PUNCT
cblr-2902	813	25	free	free	ADJ
cblr-2902	813	26	instrument	instrument	NOUN
cblr-2902	813	27	.	.	PUNCT
cblr-2902	814	1	credit	credit	NOUN
cblr-2902	814	2	spreads	spread	NOUN
cblr-2902	814	3	can	can	AUX
cblr-2902	814	4	also	also	ADV
cblr-2902	814	5	be	be	AUX
cblr-2902	814	6	the	the	DET
cblr-2902	814	7	fees	fee	NOUN
cblr-2902	814	8	paid	pay	VERB
cblr-2902	814	9	by	by	ADP
cblr-2902	814	10	protection	protection	NOUN
cblr-2902	814	11	buyers	buyer	NOUN
cblr-2902	814	12	who	who	PRON
cblr-2902	814	13	enter	enter	VERB
cblr-2902	814	14	into	into	ADP
cblr-2902	814	15	contracts	contract	NOUN
cblr-2902	814	16	known	know	VERB
cblr-2902	814	17	as	as	ADP
cblr-2902	814	18	credit	credit	NOUN
cblr-2902	814	19	default	default	NOUN
cblr-2902	814	20	swaps	swap	NOUN
cblr-2902	814	21	.	.	PUNCT
cblr-2902	815	1	credit	credit	NOUN
cblr-2902	815	2	default	default	NOUN
cblr-2902	815	3	swaps	swap	NOUN
cblr-2902	815	4	are	be	AUX
cblr-2902	815	5	derivatives	derivative	NOUN
cblr-2902	815	6	that	that	PRON
cblr-2902	815	7	economically	economically	ADV
cblr-2902	815	8	resemble	resemble	VERB
cblr-2902	815	9	bond	bond	NOUN
cblr-2902	815	10	insurance	insurance	NOUN
cblr-2902	815	11	but	but	CCONJ
cblr-2902	815	12	can	can	AUX
cblr-2902	815	13	be	be	AUX
cblr-2902	815	14	used	use	VERB
cblr-2902	815	15	to	to	PART
cblr-2902	815	16	speculate	speculate	VERB
cblr-2902	815	17	(	(	PUNCT
cblr-2902	815	18	or	or	CCONJ
cblr-2902	815	19	place	place	VERB
cblr-2902	815	20	a	a	DET
cblr-2902	815	21	"	"	PUNCT
cblr-2902	815	22	naked	naked	ADJ
cblr-2902	815	23	"	"	PUNCT
cblr-2902	815	24	bet	bet	NOUN
cblr-2902	815	25	)	)	PUNCT
cblr-2902	815	26	as	as	ADV
cblr-2902	815	27	well	well	ADV
cblr-2902	815	28	as	as	ADP
cblr-2902	815	29	to	to	PART
cblr-2902	815	30	hedge	hedge	VERB
cblr-2902	815	31	(	(	PUNCT
cblr-2902	815	32	or	or	CCONJ
cblr-2902	815	33	place	place	VERB
cblr-2902	815	34	a	a	DET
cblr-2902	815	35	"	"	PUNCT
cblr-2902	815	36	covered	cover	VERB
cblr-2902	815	37	"	"	PUNCT
cblr-2902	815	38	bet).165	bet).165	NOUN
cblr-2902	815	39	credit	credit	NOUN
cblr-2902	815	40	default	default	NOUN
cblr-2902	815	41	swaps	swap	NOUN
cblr-2902	815	42	are	be	AUX
cblr-2902	815	43	designed	design	VERB
cblr-2902	815	44	specifically	specifically	ADV
cblr-2902	815	45	to	to	PART
cblr-2902	815	46	permit	permit	VERB
cblr-2902	815	47	bets	bet	NOUN
cblr-2902	815	48	on	on	ADP
cblr-2902	815	49	the	the	DET
cblr-2902	815	50	likelihood	likelihood	NOUN
cblr-2902	815	51	of	of	ADP
cblr-2902	815	52	default	default	NOUN
cblr-2902	815	53	of	of	ADP
cblr-2902	815	54	a	a	DET
cblr-2902	815	55	particular	particular	ADJ
cblr-2902	815	56	"	"	PUNCT
cblr-2902	815	57	6	6	NUM
cblr-2902	815	58	"	"	PUNCT
cblr-2902	815	59	yield	yield	NOUN
cblr-2902	815	60	"	"	PUNCT
cblr-2902	815	61	is	be	AUX
cblr-2902	815	62	a	a	DET
cblr-2902	815	63	measure	measure	NOUN
cblr-2902	815	64	of	of	ADP
cblr-2902	815	65	the	the	DET
cblr-2902	815	66	effective	effective	ADJ
cblr-2902	815	67	interest	interest	NOUN
cblr-2902	815	68	rate	rate	NOUN
cblr-2902	815	69	to	to	ADP
cblr-2902	815	70	an	an	DET
cblr-2902	815	71	investor	investor	NOUN
cblr-2902	815	72	who	who	PRON
cblr-2902	815	73	buys	buy	VERB
cblr-2902	815	74	a	a	DET
cblr-2902	815	75	bond	bond	NOUN
cblr-2902	815	76	at	at	ADP
cblr-2902	815	77	a	a	DET
cblr-2902	815	78	certain	certain	ADJ
cblr-2902	815	79	price	price	NOUN
cblr-2902	815	80	,	,	PUNCT
cblr-2902	815	81	which	which	PRON
cblr-2902	815	82	may	may	AUX
cblr-2902	815	83	be	be	AUX
cblr-2902	815	84	above	above	ADP
cblr-2902	815	85	or	or	CCONJ
cblr-2902	815	86	below	below	ADP
cblr-2902	815	87	par	par	NOUN
cblr-2902	815	88	(	(	PUNCT
cblr-2902	815	89	100	100	NUM
cblr-2902	815	90	cents	cent	NOUN
cblr-2902	815	91	on	on	ADP
cblr-2902	815	92	the	the	DET
cblr-2902	815	93	dollar	dollar	NOUN
cblr-2902	815	94	)	)	PUNCT
cblr-2902	815	95	,	,	PUNCT
cblr-2902	815	96	assuming	assume	VERB
cblr-2902	815	97	no	no	DET
cblr-2902	815	98	default	default	NOUN
cblr-2902	815	99	.	.	PUNCT
cblr-2902	816	1	most	most	ADJ
cblr-2902	816	2	corporate	corporate	ADJ
cblr-2902	816	3	bonds	bond	NOUN
cblr-2902	816	4	are	be	AUX
cblr-2902	816	5	coupon	coupon	NOUN
cblr-2902	816	6	bonds	bond	NOUN
cblr-2902	816	7	initially	initially	ADV
cblr-2902	816	8	issued	issue	VERB
cblr-2902	816	9	at	at	ADP
cblr-2902	816	10	par	par	NOUN
cblr-2902	816	11	and	and	CCONJ
cblr-2902	816	12	scheduled	schedule	VERB
cblr-2902	816	13	to	to	PART
cblr-2902	816	14	pay	pay	VERB
cblr-2902	816	15	a	a	DET
cblr-2902	816	16	fixed	fix	VERB
cblr-2902	816	17	coupon	coupon	NOUN
cblr-2902	816	18	(	(	PUNCT
cblr-2902	816	19	or	or	CCONJ
cblr-2902	816	20	interest	interest	NOUN
cblr-2902	816	21	payment	payment	NOUN
cblr-2902	816	22	)	)	PUNCT
cblr-2902	816	23	periodically	periodically	ADV
cblr-2902	816	24	.	.	PUNCT
cblr-2902	817	1	bonds	bond	NOUN
cblr-2902	817	2	may	may	AUX
cblr-2902	817	3	trade	trade	VERB
cblr-2902	817	4	in	in	ADP
cblr-2902	817	5	the	the	DET
cblr-2902	817	6	secondary	secondary	ADJ
cblr-2902	817	7	market	market	NOUN
cblr-2902	817	8	above	above	ADP
cblr-2902	817	9	or	or	CCONJ
cblr-2902	817	10	below	below	ADP
cblr-2902	817	11	par	par	NOUN
cblr-2902	817	12	.	.	PUNCT
cblr-2902	818	1	an	an	DET
cblr-2902	818	2	investor	investor	NOUN
cblr-2902	818	3	who	who	PRON
cblr-2902	818	4	buys	buy	VERB
cblr-2902	818	5	a	a	DET
cblr-2902	818	6	bond	bond	NOUN
cblr-2902	818	7	below	below	ADP
cblr-2902	818	8	par	par	NOUN
cblr-2902	818	9	will	will	AUX
cblr-2902	818	10	receive	receive	VERB
cblr-2902	818	11	a	a	DET
cblr-2902	818	12	yield	yield	NOUN
cblr-2902	818	13	higher	high	ADJ
cblr-2902	818	14	than	than	ADP
cblr-2902	818	15	the	the	DET
cblr-2902	818	16	coupon	coupon	NOUN
cblr-2902	818	17	rate	rate	NOUN
cblr-2902	818	18	,	,	PUNCT
cblr-2902	818	19	while	while	SCONJ
cblr-2902	818	20	an	an	DET
cblr-2902	818	21	investor	investor	NOUN
cblr-2902	818	22	who	who	PRON
cblr-2902	818	23	buys	buy	VERB
cblr-2902	818	24	a	a	DET
cblr-2902	818	25	bond	bond	NOUN
cblr-2902	818	26	above	above	ADP
cblr-2902	818	27	par	par	NOUN
cblr-2902	818	28	will	will	AUX
cblr-2902	818	29	receive	receive	VERB
cblr-2902	818	30	a	a	DET
cblr-2902	818	31	yield	yield	NOUN
cblr-2902	818	32	below	below	ADP
cblr-2902	818	33	the	the	DET
cblr-2902	818	34	coupon	coupon	NOUN
cblr-2902	818	35	rate	rate	NOUN
cblr-2902	818	36	.	.	PUNCT
cblr-2902	819	1	secondary	secondary	ADJ
cblr-2902	819	2	market	market	NOUN
cblr-2902	819	3	yields	yield	NOUN
cblr-2902	819	4	inform	inform	VERB
cblr-2902	819	5	pricing	pricing	NOUN
cblr-2902	819	6	of	of	ADP
cblr-2902	819	7	new	new	ADJ
cblr-2902	819	8	debt	debt	NOUN
cblr-2902	819	9	issuances	issuance	NOUN
cblr-2902	819	10	.	.	PUNCT
cblr-2902	820	1	1	1	NUM
cblr-2902	820	2	"	"	PUNCT
cblr-2902	820	3	see	see	VERB
cblr-2902	820	4	frank	frank	PROPN
cblr-2902	820	5	partnoy	partnoy	PROPN
cblr-2902	820	6	&	&	CCONJ
cblr-2902	820	7	david	david	PROPN
cblr-2902	820	8	skeel	skeel	PROPN
cblr-2902	820	9	,	,	PUNCT
cblr-2902	820	10	jr	jr	PROPN
cblr-2902	820	11	.	.	PROPN
cblr-2902	820	12	,	,	PUNCT
cblr-2902	820	13	the	the	DET
cblr-2902	820	14	promise	promise	NOUN
cblr-2902	820	15	and	and	CCONJ
cblr-2902	820	16	perils	peril	NOUN
cblr-2902	820	17	of	of	ADP
cblr-2902	820	18	credit	credit	NOUN
cblr-2902	820	19	derivatives	derivative	NOUN
cblr-2902	820	20	,	,	PUNCT
cblr-2902	820	21	75	75	NUM
cblr-2902	820	22	u.	u.	NOUN
cblr-2902	820	23	cin	cin	PROPN
cblr-2902	820	24	.	.	PUNCT
cblr-2902	821	1	l.	l.	PROPN
cblr-2902	821	2	rev	rev	PROPN
cblr-2902	821	3	.	.	PROPN
cblr-2902	821	4	1019	1019	NUM
cblr-2902	821	5	,	,	PUNCT
cblr-2902	821	6	1022	1022	NUM
cblr-2902	821	7	,	,	PUNCT
cblr-2902	821	8	1050	1050	NUM
cblr-2902	821	9	n.79	n.79	ADP
cblr-2902	821	10	(	(	PUNCT
cblr-2902	821	11	2007	2007	NUM
cblr-2902	821	12	)	)	PUNCT
cblr-2902	821	13	;	;	PUNCT
cblr-2902	821	14	stephen	stephen	PROPN
cblr-2902	821	15	j.	j.	PROPN
cblr-2902	821	16	lubben	lubben	PROPN
cblr-2902	821	17	,	,	PUNCT
cblr-2902	821	18	credit	credit	NOUN
cblr-2902	821	19	derivatives	derivative	NOUN
cblr-2902	821	20	and	and	CCONJ
cblr-2902	821	21	the	the	DET
cblr-2902	821	22	future	future	NOUN
cblr-2902	821	23	of	of	ADP
cblr-2902	821	24	chapter	chapter	NOUN
cblr-2902	821	25	11	11	NUM
cblr-2902	821	26	,	,	PUNCT
cblr-2902	821	27	81	81	NUM
cblr-2902	821	28	am	am	NOUN
cblr-2902	821	29	.	.	PUNCT
cblr-2902	822	1	bankin	bankin	PROPN
cblr-2902	822	2	.	.	PUNCT
cblr-2902	823	1	l.j	l.j	PROPN
cblr-2902	823	2	.	.	PROPN
cblr-2902	824	1	405	405	NUM
cblr-2902	824	2	,	,	PUNCT
cblr-2902	824	3	411	411	NUM
cblr-2902	824	4	-	-	SYM
cblr-2902	824	5	12	12	NUM
cblr-2902	824	6	&	&	CCONJ
cblr-2902	824	7	n.49	n.49	ADP
cblr-2902	824	8	(	(	PUNCT
cblr-2902	824	9	2007	2007	NUM
cblr-2902	824	10	)	)	PUNCT
cblr-2902	824	11	;	;	PUNCT
cblr-2902	824	12	simkovic	simkovic	ADJ
cblr-2902	824	13	,	,	PUNCT
cblr-2902	824	14	supra	supra	PROPN
cblr-2902	824	15	note	note	NOUN
cblr-2902	824	16	1	1	NUM
cblr-2902	824	17	,	,	PUNCT
cblr-2902	824	18	at	at	ADP
cblr-2902	824	19	273	273	NUM
cblr-2902	824	20	-	-	SYM
cblr-2902	824	21	74	74	NUM
cblr-2902	824	22	.	.	PUNCT
cblr-2902	825	1	unlike	unlike	ADP
cblr-2902	825	2	an	an	DET
cblr-2902	825	3	insurance	insurance	NOUN
cblr-2902	825	4	contract	contract	NOUN
cblr-2902	825	5	,	,	PUNCT
cblr-2902	825	6	a	a	DET
cblr-2902	825	7	credit	credit	NOUN
cblr-2902	825	8	default	default	NOUN
cblr-2902	825	9	swap	swap	NOUN
cblr-2902	825	10	does	do	AUX
cblr-2902	825	11	not	not	PART
cblr-2902	825	12	require	require	VERB
cblr-2902	825	13	that	that	SCONJ
cblr-2902	825	14	the	the	DET
cblr-2902	825	15	protection	protection	NOUN
cblr-2902	825	16	buyer	buyer	NOUN
cblr-2902	825	17	have	have	VERB
cblr-2902	825	18	an	an	DET
cblr-2902	825	19	"	"	PUNCT
cblr-2902	825	20	insurable	insurable	ADJ
cblr-2902	825	21	interest	interest	NOUN
cblr-2902	825	22	"	"	PUNCT
cblr-2902	825	23	or	or	CCONJ
cblr-2902	825	24	provide	provide	VERB
cblr-2902	825	25	proof	proof	NOUN
cblr-2902	825	26	of	of	ADP
cblr-2902	825	27	actual	actual	ADJ
cblr-2902	825	28	loss	loss	NOUN
cblr-2902	825	29	.	.	PUNCT
cblr-2902	826	1	credit	credit	NOUN
cblr-2902	826	2	default	default	NOUN
cblr-2902	826	3	swaps	swap	NOUN
cblr-2902	826	4	likely	likely	ADV
cblr-2902	826	5	make	make	VERB
cblr-2902	826	6	bond	bond	NOUN
cblr-2902	826	7	markets	market	NOUN
cblr-2902	826	8	more	more	ADV
cblr-2902	826	9	complete	complete	ADJ
cblr-2902	826	10	by	by	ADP
cblr-2902	826	11	facilitating	facilitate	VERB
cblr-2902	826	12	short	short	ADJ
cblr-2902	826	13	positions	position	NOUN
cblr-2902	826	14	.	.	PUNCT
cblr-2902	827	1	leveraged	leveraged	ADJ
cblr-2902	827	2	buyout	buyout	NOUN
cblr-2902	827	3	bankruptcies	bankruptcy	NOUN
cblr-2902	827	4	167no	167no	PROPN
cblr-2902	827	5	.	.	PUNCT
cblr-2902	828	1	i	i	PRON
cblr-2902	828	2	:	:	PUNCT
cblr-2902	828	3	1181	1181	NUM
cblr-2902	828	4	columbia	columbia	PROPN
cblr-2902	828	5	business	business	PROPN
cblr-2902	828	6	law	law	PROPN
cblr-2902	828	7	review	review	NOUN
cblr-2902	828	8	company	company	NOUN
cblr-2902	828	9	,	,	PUNCT
cblr-2902	828	10	and	and	CCONJ
cblr-2902	828	11	therefore	therefore	ADV
cblr-2902	828	12	,	,	PUNCT
cblr-2902	828	13	arguably	arguably	ADV
cblr-2902	828	14	provide	provide	VERB
cblr-2902	828	15	an	an	DET
cblr-2902	828	16	even	even	ADV
cblr-2902	828	17	clearer	clear	ADJ
cblr-2902	828	18	market	market	NOUN
cblr-2902	828	19	-	-	PUNCT
cblr-2902	828	20	based	base	VERB
cblr-2902	828	21	indicator	indicator	NOUN
cblr-2902	828	22	of	of	ADP
cblr-2902	828	23	the	the	DET
cblr-2902	828	24	likelihood	likelihood	NOUN
cblr-2902	828	25	of	of	ADP
cblr-2902	828	26	default	default	NOUN
cblr-2902	828	27	than	than	ADP
cblr-2902	828	28	bond	bond	NOUN
cblr-2902	828	29	spreads	spread	NOUN
cblr-2902	828	30	.	.	PUNCT
cblr-2902	829	1	several	several	ADJ
cblr-2902	829	2	perceived	perceive	VERB
cblr-2902	829	3	limitations	limitation	NOUN
cblr-2902	829	4	in	in	ADP
cblr-2902	829	5	the	the	DET
cblr-2902	829	6	bond	bond	NOUN
cblr-2902	829	7	markets	market	NOUN
cblr-2902	829	8	-	-	PUNCT
cblr-2902	829	9	such	such	ADJ
cblr-2902	829	10	as	as	ADP
cblr-2902	829	11	limited	limited	ADJ
cblr-2902	829	12	liquidity	liquidity	NOUN
cblr-2902	829	13	and	and	CCONJ
cblr-2902	829	14	the	the	DET
cblr-2902	829	15	difficulty	difficulty	NOUN
cblr-2902	829	16	of	of	ADP
cblr-2902	829	17	establishing	establish	VERB
cblr-2902	829	18	a	a	DET
cblr-2902	829	19	short	short	ADJ
cblr-2902	829	20	position	position	NOUN
cblr-2902	829	21	-	-	PUNCT
cblr-2902	829	22	are	be	AUX
cblr-2902	829	23	believed	believe	VERB
cblr-2902	829	24	to	to	PART
cblr-2902	829	25	have	have	AUX
cblr-2902	829	26	contributed	contribute	VERB
cblr-2902	829	27	to	to	ADP
cblr-2902	829	28	the	the	DET
cblr-2902	829	29	growth	growth	NOUN
cblr-2902	829	30	of	of	ADP
cblr-2902	829	31	the	the	DET
cblr-2902	829	32	market	market	NOUN
cblr-2902	829	33	for	for	ADP
cblr-2902	829	34	credit	credit	NOUN
cblr-2902	829	35	default	default	NOUN
cblr-2902	829	36	swaps	swap	NOUN
cblr-2902	829	37	.	.	PUNCT
cblr-2902	830	1	'6	'6	VERB
cblr-2902	830	2	6	6	NUM
cblr-2902	831	1	it	it	PRON
cblr-2902	831	2	is	be	AUX
cblr-2902	831	3	also	also	ADV
cblr-2902	831	4	likely	likely	ADJ
cblr-2902	831	5	that	that	SCONJ
cblr-2902	831	6	increasing	increase	VERB
cblr-2902	831	7	transparency	transparency	NOUN
cblr-2902	831	8	in	in	ADP
cblr-2902	831	9	the	the	DET
cblr-2902	831	10	bond	bond	NOUN
cblr-2902	831	11	market	market	NOUN
cblr-2902	831	12	made	make	VERB
cblr-2902	831	13	the	the	DET
cblr-2902	831	14	cds	cd	NOUN
cblr-2902	831	15	market	market	NOUN
cblr-2902	831	16	more	more	ADV
cblr-2902	831	17	attractive	attractive	ADJ
cblr-2902	831	18	to	to	ADP
cblr-2902	831	19	market	market	NOUN
cblr-2902	831	20	participants	participant	NOUN
cblr-2902	831	21	who	who	PRON
cblr-2902	831	22	preferred	prefer	VERB
cblr-2902	831	23	to	to	PART
cblr-2902	831	24	keep	keep	VERB
cblr-2902	831	25	their	their	PRON
cblr-2902	831	26	transactions	transaction	NOUN
cblr-2902	831	27	secret	secret	ADJ
cblr-2902	831	28	.	.	PUNCT
cblr-2902	831	29	'	'	PUNCT
cblr-2902	832	1	figure	figure	NOUN
cblr-2902	832	2	4	4	NUM
cblr-2902	832	3	below	below	ADV
cblr-2902	832	4	shows	show	VERB
cblr-2902	832	5	the	the	DET
cblr-2902	832	6	growth	growth	NOUN
cblr-2902	832	7	of	of	ADP
cblr-2902	832	8	the	the	DET
cblr-2902	832	9	cds	cd	NOUN
cblr-2902	832	10	market	market	NOUN
cblr-2902	832	11	.	.	PUNCT
cblr-2902	833	1	notional	notional	ADJ
cblr-2902	833	2	amount	amount	NOUN
cblr-2902	833	3	is	be	AUX
cblr-2902	833	4	on	on	ADP
cblr-2902	833	5	the	the	DET
cblr-2902	833	6	left	left	ADJ
cblr-2902	833	7	axis	axis	NOUN
cblr-2902	833	8	,	,	PUNCT
cblr-2902	833	9	while	while	SCONJ
cblr-2902	833	10	gross	gross	ADJ
cblr-2902	833	11	market	market	NOUN
cblr-2902	833	12	value	value	NOUN
cblr-2902	833	13	is	be	AUX
cblr-2902	833	14	on	on	ADP
cblr-2902	833	15	the	the	DET
cblr-2902	833	16	right	right	NOUN
cblr-2902	833	17	.	.	PUNCT
cblr-2902	833	18	"	"	PUNCT
cblr-2902	833	19	see	see	VERB
cblr-2902	833	20	robert	robert	PROPN
cblr-2902	833	21	f.	f.	PROPN
cblr-2902	833	22	schwartz	schwartz	PROPN
cblr-2902	833	23	,	,	PUNCT
cblr-2902	833	24	risk	risk	NOUN
cblr-2902	833	25	distribution	distribution	NOUN
cblr-2902	833	26	in	in	ADP
cblr-2902	833	27	the	the	DET
cblr-2902	833	28	capital	capital	NOUN
cblr-2902	833	29	markets	market	NOUN
cblr-2902	833	30	:	:	PUNCT
cblr-2902	833	31	credit	credit	NOUN
cblr-2902	833	32	default	default	NOUN
cblr-2902	833	33	swaps	swap	NOUN
cblr-2902	833	34	,	,	PUNCT
cblr-2902	833	35	insurance	insurance	NOUN
cblr-2902	833	36	and	and	CCONJ
cblr-2902	833	37	a	a	DET
cblr-2902	833	38	theory	theory	NOUN
cblr-2902	833	39	of	of	ADP
cblr-2902	833	40	demarcation	demarcation	NOUN
cblr-2902	833	41	,	,	PUNCT
cblr-2902	833	42	12	12	NUM
cblr-2902	833	43	fordham	fordham	PROPN
cblr-2902	833	44	j.	j.	PROPN
cblr-2902	833	45	corp	corp	PROPN
cblr-2902	833	46	.	.	PROPN
cblr-2902	833	47	&	&	CCONJ
cblr-2902	833	48	fin	fin	PROPN
cblr-2902	833	49	.	.	PUNCT
cblr-2902	834	1	l.	l.	PROPN
cblr-2902	834	2	167	167	NUM
cblr-2902	834	3	,	,	PUNCT
cblr-2902	834	4	169	169	NUM
cblr-2902	834	5	(	(	PUNCT
cblr-2902	834	6	2007	2007	NUM
cblr-2902	834	7	)	)	PUNCT
cblr-2902	834	8	(	(	PUNCT
cblr-2902	834	9	suggesting	suggest	VERB
cblr-2902	834	10	that	that	SCONJ
cblr-2902	834	11	growth	growth	NOUN
cblr-2902	834	12	of	of	ADP
cblr-2902	834	13	cds	cd	NOUN
cblr-2902	834	14	market	market	NOUN
cblr-2902	834	15	was	be	AUX
cblr-2902	834	16	due	due	ADJ
cblr-2902	834	17	in	in	ADP
cblr-2902	834	18	part	part	NOUN
cblr-2902	834	19	to	to	ADP
cblr-2902	834	20	lenders	lender	NOUN
cblr-2902	834	21	'	'	PART
cblr-2902	834	22	desire	desire	NOUN
cblr-2902	834	23	to	to	PART
cblr-2902	834	24	not	not	PART
cblr-2902	834	25	be	be	AUX
cblr-2902	834	26	"	"	PUNCT
cblr-2902	834	27	stuck	stick	VERB
cblr-2902	834	28	with	with	ADP
cblr-2902	834	29	bundles	bundle	NOUN
cblr-2902	834	30	of	of	ADP
cblr-2902	834	31	indivisible	indivisible	ADJ
cblr-2902	834	32	,	,	PUNCT
cblr-2902	834	33	illiquid	illiquid	ADJ
cblr-2902	834	34	risks	risk	NOUN
cblr-2902	834	35	"	"	PUNCT
cblr-2902	834	36	)	)	PUNCT
cblr-2902	834	37	;	;	PUNCT
cblr-2902	834	38	lubben	lubben	PROPN
cblr-2902	834	39	,	,	PUNCT
cblr-2902	834	40	supra	supra	PROPN
cblr-2902	834	41	note	note	NOUN
cblr-2902	834	42	165	165	NUM
cblr-2902	834	43	,	,	PUNCT
cblr-2902	834	44	at	at	ADP
cblr-2902	834	45	411	411	NUM
cblr-2902	834	46	(	(	PUNCT
cblr-2902	834	47	"	"	PUNCT
cblr-2902	834	48	in	in	ADP
cblr-2902	834	49	addition	addition	NOUN
cblr-2902	834	50	,	,	PUNCT
cblr-2902	834	51	the	the	DET
cblr-2902	834	52	growth	growth	NOUN
cblr-2902	834	53	of	of	ADP
cblr-2902	834	54	credit	credit	NOUN
cblr-2902	834	55	markets	market	NOUN
cblr-2902	834	56	has	have	AUX
cblr-2902	834	57	allowed	allow	VERB
cblr-2902	834	58	for	for	ADP
cblr-2902	834	59	'	'	PUNCT
cblr-2902	834	60	shorting	shorting	NOUN
cblr-2902	834	61	'	'	PUNCT
cblr-2902	834	62	of	of	ADP
cblr-2902	834	63	bonds	bond	NOUN
cblr-2902	834	64	,	,	PUNCT
cblr-2902	834	65	something	something	PRON
cblr-2902	834	66	that	that	PRON
cblr-2902	834	67	was	be	AUX
cblr-2902	834	68	often	often	ADV
cblr-2902	834	69	impossible	impossible	ADJ
cblr-2902	834	70	before	before	ADP
cblr-2902	834	71	-	-	PUNCT
cblr-2902	834	72	hand	hand	NOUN
cblr-2902	834	73	due	due	ADP
cblr-2902	834	74	to	to	ADP
cblr-2902	834	75	the	the	DET
cblr-2902	834	76	limited	limited	ADJ
cblr-2902	834	77	liquidity	liquidity	NOUN
cblr-2902	834	78	of	of	ADP
cblr-2902	834	79	the	the	DET
cblr-2902	834	80	corporate	corporate	ADJ
cblr-2902	834	81	bond	bond	NOUN
cblr-2902	834	82	markets	market	NOUN
cblr-2902	834	83	.	.	PUNCT
cblr-2902	835	1	"	"	PUNCT
cblr-2902	835	2	)	)	PUNCT
cblr-2902	835	3	;	;	PUNCT
cblr-2902	835	4	robert	robert	PROPN
cblr-2902	835	5	s.	s.	PROPN
cblr-2902	835	6	neal	neal	PROPN
cblr-2902	835	7	&	&	CCONJ
cblr-2902	835	8	douglas	douglas	PROPN
cblr-2902	835	9	s.	s.	PROPN
cblr-2902	835	10	rolph	rolph	PROPN
cblr-2902	835	11	,	,	PUNCT
cblr-2902	835	12	an	an	DET
cblr-2902	835	13	introduction	introduction	NOUN
cblr-2902	835	14	to	to	ADP
cblr-2902	835	15	credit	credit	NOUN
cblr-2902	835	16	derivatives	derivative	NOUN
cblr-2902	835	17	,	,	PUNCT
cblr-2902	835	18	in	in	ADP
cblr-2902	835	19	the	the	DET
cblr-2902	835	20	handbook	handbook	NOUN
cblr-2902	835	21	of	of	ADP
cblr-2902	835	22	credit	credit	NOUN
cblr-2902	835	23	derivatives	derivative	NOUN
cblr-2902	835	24	10	10	NUM
cblr-2902	835	25	-	-	SYM
cblr-2902	835	26	21	21	NUM
cblr-2902	835	27	(	(	PUNCT
cblr-2902	835	28	jack	jack	PROPN
cblr-2902	835	29	clark	clark	PROPN
cblr-2902	835	30	francis	francis	PROPN
cblr-2902	835	31	et	et	PROPN
cblr-2902	835	32	al	al	PROPN
cblr-2902	835	33	.	.	PUNCT
cblr-2902	835	34	eds	eds	PROPN
cblr-2902	835	35	.	.	PROPN
cblr-2902	835	36	,	,	PUNCT
cblr-2902	835	37	1999	1999	NUM
cblr-2902	835	38	)	)	PUNCT
cblr-2902	835	39	(	(	PUNCT
cblr-2902	835	40	describing	describe	VERB
cblr-2902	835	41	credit	credit	NOUN
cblr-2902	835	42	markets	market	NOUN
cblr-2902	835	43	as	as	ADP
cblr-2902	835	44	illiquid	illiquid	NOUN
cblr-2902	835	45	because	because	SCONJ
cblr-2902	835	46	of	of	ADP
cblr-2902	835	47	the	the	DET
cblr-2902	835	48	limited	limited	ADJ
cblr-2902	835	49	ability	ability	NOUN
cblr-2902	835	50	to	to	PART
cblr-2902	835	51	offset	offset	VERB
cblr-2902	835	52	exposure	exposure	NOUN
cblr-2902	835	53	to	to	ADP
cblr-2902	835	54	debtor	debtor	NOUN
cblr-2902	835	55	during	during	ADP
cblr-2902	835	56	the	the	DET
cblr-2902	835	57	life	life	NOUN
cblr-2902	835	58	of	of	ADP
cblr-2902	835	59	loan	loan	NOUN
cblr-2902	835	60	or	or	CCONJ
cblr-2902	835	61	debt	debt	NOUN
cblr-2902	835	62	)	)	PUNCT
cblr-2902	835	63	.	.	PUNCT
cblr-2902	836	1	16	16	NUM
cblr-2902	836	2	simkovic	simkovic	ADJ
cblr-2902	836	3	,	,	PUNCT
cblr-2902	836	4	supra	supra	PROPN
cblr-2902	836	5	note	note	NOUN
cblr-2902	836	6	1	1	NUM
cblr-2902	836	7	,	,	PUNCT
cblr-2902	836	8	at	at	ADP
cblr-2902	836	9	273	273	NUM
cblr-2902	836	10	-	-	SYM
cblr-2902	836	11	74	74	NUM
cblr-2902	836	12	.	.	PUNCT
cblr-2902	836	13	168	168	NUM
cblr-2902	837	1	[	[	X
cblr-2902	837	2	vol	vol	NOUN
cblr-2902	837	3	.	.	PUNCT
cblr-2902	837	4	2011	2011	NUM
cblr-2902	837	5	figure	figure	NOUN
cblr-2902	837	6	4	4	NUM
cblr-2902	837	7	:	:	PUNCT
cblr-2902	837	8	the	the	DET
cblr-2902	837	9	cds	cd	NOUN
cblr-2902	837	10	market	market	NOUN
cblr-2902	837	11	grew	grow	VERB
cblr-2902	837	12	explosively	explosively	ADV
cblr-2902	837	13	after	after	ADP
cblr-2902	837	14	2005	2005	NUM
cblr-2902	837	15	but	but	CCONJ
cblr-2902	837	16	has	have	AUX
cblr-2902	837	17	contracted	contract	VERB
cblr-2902	837	18	since	since	SCONJ
cblr-2902	837	19	2007	2007	NUM
cblr-2902	837	20	credit	credit	NOUN
cblr-2902	837	21	default	default	NOUN
cblr-2902	837	22	swaps	swap	NOUN
cblr-2902	837	23	outstanding	outstanding	ADJ
cblr-2902	837	24	usd	usd	NOUN
cblr-2902	837	25	trillions	trillion	NOUN
cblr-2902	837	26	,	,	PUNCT
cblr-2902	837	27	2001	2001	NUM
cblr-2902	837	28	-	-	SYM
cblr-2902	837	29	2009	2009	NUM
cblr-2902	837	30	-notional	-notional	ADJ
cblr-2902	837	31	amount	amount	NOUN
cblr-2902	837	32	-gross	-gross	NOUN
cblr-2902	837	33	market	market	NOUN
cblr-2902	837	34	value	value	NOUN
cblr-2902	837	35	$	$	SYM
cblr-2902	837	36	70	70	NUM
cblr-2902	837	37	$	$	SYM
cblr-2902	837	38	6	6	NUM
cblr-2902	837	39	$	$	SYM
cblr-2902	837	40	60	60	NUM
cblr-2902	837	41	-$	-$	NOUN
cblr-2902	837	42	$	$	SYM
cblr-2902	837	43	50	50	NUM
cblr-2902	837	44	$	$	SYM
cblr-2902	837	45	40	40	NUM
cblr-2902	837	46	$	$	SYM
cblr-2902	837	47	301	301	NUM
cblr-2902	837	48	so	so	ADV
cblr-2902	837	49	$	$	SYM
cblr-2902	837	50	0	0	NUM
cblr-2902	837	51	source	source	NOUN
cblr-2902	837	52	:	:	PUNCT
cblr-2902	837	53	bank	bank	PROPN
cblr-2902	837	54	of	of	ADP
cblr-2902	837	55	international	international	ADJ
cblr-2902	837	56	settlements	settlement	NOUN
cblr-2902	837	57	quarterly	quarterly	ADJ
cblr-2902	837	58	review	review	NOUN
cblr-2902	837	59	,	,	PUNCT
cblr-2902	837	60	table	table	NOUN
cblr-2902	837	61	19	19	NUM
cblr-2902	837	62	:	:	PUNCT
cblr-2902	837	63	amounts	amount	VERB
cblr-2902	837	64	outstanding	outstanding	ADJ
cblr-2902	837	65	of	of	ADP
cblr-2902	837	66	over	over	ADP
cblr-2902	837	67	-	-	PUNCT
cblr-2902	837	68	the	the	DET
cblr-2902	837	69	-	-	PUNCT
cblr-2902	837	70	counter	counter	NOUN
cblr-2902	837	71	(	(	PUNCT
cblr-2902	837	72	otch	otch	VERB
cblr-2902	837	73	derivatives	derivative	NOUN
cblr-2902	837	74	;	;	PUNCT
cblr-2902	837	75	isda	isda	NOUN
cblr-2902	837	76	market	market	NOUN
cblr-2902	837	77	survey	survey	NOUN
cblr-2902	837	78	(	(	PUNCT
cblr-2902	837	79	used	use	VERB
cblr-2902	837	80	for	for	ADP
cblr-2902	837	81	data	datum	NOUN
cblr-2902	837	82	before	before	ADP
cblr-2902	837	83	2hd4	2hd4	NUM
cblr-2902	837	84	)	)	PUNCT
cblr-2902	837	85	.	.	PUNCT
cblr-2902	838	1	in	in	ADP
cblr-2902	838	2	a	a	DET
cblr-2902	838	3	cds	cd	NOUN
cblr-2902	838	4	transaction	transaction	NOUN
cblr-2902	838	5	,	,	PUNCT
cblr-2902	838	6	there	there	PRON
cblr-2902	838	7	are	be	VERB
cblr-2902	838	8	two	two	NUM
cblr-2902	838	9	counterparties	counterpartie	NOUN
cblr-2902	838	10	:	:	PUNCT
cblr-2902	838	11	a	a	DET
cblr-2902	838	12	protection	protection	NOUN
cblr-2902	838	13	buyer	buyer	NOUN
cblr-2902	838	14	and	and	CCONJ
cblr-2902	838	15	a	a	DET
cblr-2902	838	16	protection	protection	NOUN
cblr-2902	838	17	seller	seller	NOUN
cblr-2902	838	18	.	.	PUNCT
cblr-2902	839	1	'68	'68	NUM
cblr-2902	839	2	the	the	DET
cblr-2902	839	3	two	two	NUM
cblr-2902	839	4	counterparties	counterpartie	NOUN
cblr-2902	839	5	place	place	NOUN
cblr-2902	839	6	opposite	opposite	ADJ
cblr-2902	839	7	bets	bet	NOUN
cblr-2902	839	8	on	on	ADP
cblr-2902	839	9	whether	whether	SCONJ
cblr-2902	839	10	a	a	DET
cblr-2902	839	11	third	third	ADJ
cblr-2902	839	12	party	party	NOUN
cblr-2902	839	13	will	will	AUX
cblr-2902	839	14	default	default	VERB
cblr-2902	839	15	on	on	ADP
cblr-2902	839	16	its	its	PRON
cblr-2902	839	17	debts	debt	NOUN
cblr-2902	839	18	(	(	PUNCT
cblr-2902	839	19	the	the	DET
cblr-2902	839	20	"	"	PUNCT
cblr-2902	839	21	reference	reference	NOUN
cblr-2902	839	22	debt	debt	NOUN
cblr-2902	839	23	"	"	PUNCT
cblr-2902	839	24	)	)	PUNCT
cblr-2902	839	25	.	.	PUNCT
cblr-2902	840	1	the	the	DET
cblr-2902	840	2	protection	protection	NOUN
cblr-2902	840	3	seller	seller	NOUN
cblr-2902	840	4	agrees	agree	VERB
cblr-2902	840	5	in	in	ADP
cblr-2902	840	6	the	the	DET
cblr-2902	840	7	event	event	NOUN
cblr-2902	840	8	of	of	ADP
cblr-2902	840	9	a	a	DET
cblr-2902	840	10	"	"	PUNCT
cblr-2902	840	11	credit	credit	NOUN
cblr-2902	840	12	event"-a	event"-a	PRON
cblr-2902	840	13	situation	situation	NOUN
cblr-2902	840	14	in	in	ADP
cblr-2902	840	15	which	which	PRON
cblr-2902	840	16	a	a	DET
cblr-2902	840	17	third	third	ADJ
cblr-2902	840	18	party	party	NOUN
cblr-2902	840	19	defaults	default	NOUN
cblr-2902	840	20	on	on	ADP
cblr-2902	840	21	its	its	PRON
cblr-2902	840	22	debt	debt	NOUN
cblr-2902	840	23	,	,	PUNCT
cblr-2902	840	24	restructures	restructure	VERB
cblr-2902	840	25	its	its	PRON
cblr-2902	840	26	debt	debt	NOUN
cblr-2902	840	27	,	,	PUNCT
cblr-2902	840	28	or	or	CCONJ
cblr-2902	840	29	files	file	NOUN
cblr-2902	840	30	for	for	ADP
cblr-2902	840	31	bankruptcy	bankruptcy	NOUN
cblr-2902	840	32	-	-	PUNCT
cblr-2902	840	33	to	to	PART
cblr-2902	840	34	pay	pay	VERB
cblr-2902	840	35	the	the	DET
cblr-2902	840	36	protection	protection	NOUN
cblr-2902	840	37	buyer	buyer	NOUN
cblr-2902	840	38	an	an	DET
cblr-2902	840	39	amount	amount	NOUN
cblr-2902	840	40	that	that	PRON
cblr-2902	840	41	is	be	AUX
cblr-2902	840	42	calculated	calculate	VERB
cblr-2902	840	43	based	base	VERB
cblr-2902	840	44	on	on	ADP
cblr-2902	840	45	losses	loss	NOUN
cblr-2902	840	46	that	that	PRON
cblr-2902	840	47	would	would	AUX
cblr-2902	840	48	be	be	AUX
cblr-2902	840	49	experienced	experience	VERB
cblr-2902	840	50	by	by	ADP
cblr-2902	840	51	an	an	DET
cblr-2902	840	52	investor	investor	NOUN
cblr-2902	840	53	who	who	PRON
cblr-2902	840	54	holds	hold	VERB
cblr-2902	840	55	a	a	DET
cblr-2902	840	56	"	"	PUNCT
cblr-2902	840	57	notional	notional	ADJ
cblr-2902	840	58	"	"	PUNCT
cblr-2902	840	59	amount	amount	NOUN
cblr-2902	840	60	of	of	ADP
cblr-2902	840	61	a	a	DET
cblr-2902	840	62	third	third	ADJ
cblr-2902	840	63	party	party	NOUN
cblr-2902	840	64	's	's	PART
cblr-2902	840	65	debt	debt	NOUN
cblr-2902	840	66	.	.	PUNCT
cblr-2902	841	1	'6	'6	VERB
cblr-2902	841	2	in	in	ADP
cblr-2902	841	3	return	return	NOUN
cblr-2902	841	4	for	for	ADP
cblr-2902	841	5	this	this	DET
cblr-2902	841	6	default	default	NOUN
cblr-2902	841	7	protection	protection	NOUN
cblr-2902	841	8	,	,	PUNCT
cblr-2902	841	9	the	the	DET
cblr-2902	841	10	protection	protection	NOUN
cblr-2902	841	11	buyer	buyer	NOUN
cblr-2902	841	12	pays	pay	VERB
cblr-2902	841	13	periodic	periodic	ADJ
cblr-2902	841	14	fees	fee	NOUN
cblr-2902	841	15	to	to	ADP
cblr-2902	841	16	1	1	NUM
cblr-2902	841	17	"	"	PUNCT
cblr-2902	841	18	see	see	PROPN
cblr-2902	841	19	lubben	lubben	PROPN
cblr-2902	841	20	,	,	PUNCT
cblr-2902	841	21	supra	supra	PROPN
cblr-2902	841	22	note	note	NOUN
cblr-2902	841	23	165	165	NUM
cblr-2902	841	24	,	,	PUNCT
cblr-2902	841	25	at	at	ADP
cblr-2902	841	26	411	411	NUM
cblr-2902	841	27	-	-	SYM
cblr-2902	841	28	12	12	NUM
cblr-2902	841	29	.	.	PUNCT
cblr-2902	842	1	161	161	NUM
cblr-2902	843	1	i	i	PRON
cblr-2902	843	2	d.	d.	PROPN
cblr-2902	843	3	a	a	DET
cblr-2902	843	4	company	company	NOUN
cblr-2902	843	5	that	that	PRON
cblr-2902	843	6	was	be	AUX
cblr-2902	843	7	technically	technically	ADV
cblr-2902	843	8	solvent	solvent	ADJ
cblr-2902	843	9	in	in	ADP
cblr-2902	843	10	a	a	DET
cblr-2902	843	11	narrow	narrow	ADJ
cblr-2902	843	12	,	,	PUNCT
cblr-2902	843	13	balance	balance	NOUN
cblr-2902	843	14	sheet	sheet	NOUN
cblr-2902	843	15	sense	sense	NOUN
cblr-2902	843	16	theoretically	theoretically	ADV
cblr-2902	843	17	could	could	AUX
cblr-2902	843	18	still	still	ADV
cblr-2902	843	19	trigger	trigger	VERB
cblr-2902	843	20	a	a	DET
cblr-2902	843	21	credit	credit	NOUN
cblr-2902	843	22	event	event	NOUN
cblr-2902	843	23	.	.	PUNCT
cblr-2902	844	1	for	for	ADP
cblr-2902	844	2	example	example	NOUN
cblr-2902	844	3	,	,	PUNCT
cblr-2902	844	4	imagine	imagine	VERB
cblr-2902	844	5	a	a	DET
cblr-2902	844	6	gold	gold	NOUN
cblr-2902	844	7	mine	mine	NOUN
cblr-2902	844	8	that	that	PRON
cblr-2902	844	9	could	could	AUX
cblr-2902	844	10	be	be	AUX
cblr-2902	844	11	sold	sell	VERB
cblr-2902	844	12	at	at	ADP
cblr-2902	844	13	fire	fire	NOUN
cblr-2902	844	14	sale	sale	NOUN
cblr-2902	844	15	value	value	NOUN
cblr-2902	844	16	for	for	ADP
cblr-2902	844	17	more	more	ADJ
cblr-2902	844	18	than	than	ADP
cblr-2902	844	19	its	its	PRON
cblr-2902	844	20	debts	debt	NOUN
cblr-2902	844	21	but	but	CCONJ
cblr-2902	844	22	had	have	AUX
cblr-2902	844	23	mismanaged	mismanage	VERB
cblr-2902	844	24	its	its	PRON
cblr-2902	844	25	cash	cash	NOUN
cblr-2902	844	26	and	and	CCONJ
cblr-2902	844	27	had	have	VERB
cblr-2902	844	28	to	to	PART
cblr-2902	844	29	temporarily	temporarily	ADV
cblr-2902	844	30	suspend	suspend	VERB
cblr-2902	844	31	bond	bond	NOUN
cblr-2902	844	32	payments	payment	NOUN
cblr-2902	844	33	.	.	PUNCT
cblr-2902	845	1	however	however	ADV
cblr-2902	845	2	,	,	PUNCT
cblr-2902	845	3	because	because	SCONJ
cblr-2902	845	4	bondholders	bondholder	NOUN
cblr-2902	845	5	would	would	AUX
cblr-2902	845	6	likely	likely	ADV
cblr-2902	845	7	still	still	ADV
cblr-2902	845	8	recover	recover	VERB
cblr-2902	845	9	100	100	NUM
cblr-2902	845	10	percent	percent	NOUN
cblr-2902	845	11	,	,	PUNCT
cblr-2902	845	12	it	it	PRON
cblr-2902	845	13	seems	seem	VERB
cblr-2902	845	14	unlikely	unlikely	ADJ
cblr-2902	845	15	that	that	SCONJ
cblr-2902	845	16	such	such	DET
cblr-2902	845	17	a	a	DET
cblr-2902	845	18	credit	credit	NOUN
cblr-2902	845	19	event	event	NOUN
cblr-2902	845	20	would	would	AUX
cblr-2902	845	21	cause	cause	VERB
cblr-2902	845	22	a	a	DET
cblr-2902	845	23	large	large	ADJ
cblr-2902	845	24	spike	spike	NOUN
cblr-2902	845	25	in	in	ADP
cblr-2902	845	26	cds	cd	NOUN
cblr-2902	845	27	premiums	premium	NOUN
cblr-2902	845	28	.	.	PUNCT
cblr-2902	846	1	169no	169no	NOUN
cblr-2902	846	2	.	.	PUNCT
cblr-2902	847	1	1	1	NUM
cblr-2902	847	2	:	:	SYM
cblr-2902	847	3	118]1	118]1	NUM
cblr-2902	847	4	leveraged	leverage	VERB
cblr-2902	847	5	buyout	buyout	NOUN
cblr-2902	847	6	bankruptcies	bankruptcy	NOUN
cblr-2902	847	7	the	the	DET
cblr-2902	847	8	protection	protection	NOUN
cblr-2902	847	9	seller.7	seller.7	X
cblr-2902	847	10	0	0	NUM
cblr-2902	848	1	the	the	DET
cblr-2902	848	2	fees	fee	NOUN
cblr-2902	848	3	are	be	AUX
cblr-2902	848	4	quoted	quote	VERB
cblr-2902	848	5	in	in	ADP
cblr-2902	848	6	basis	basis	NOUN
cblr-2902	848	7	points	point	NOUN
cblr-2902	848	8	(	(	PUNCT
cblr-2902	848	9	"	"	PUNCT
cblr-2902	848	10	bps	bps	NOUN
cblr-2902	848	11	"	"	PUNCT
cblr-2902	848	12	;	;	PUNCT
cblr-2902	848	13	100	100	NUM
cblr-2902	848	14	bps	bps	NOUN
cblr-2902	848	15	=	=	SYM
cblr-2902	848	16	one	one	NUM
cblr-2902	848	17	percent	percent	NOUN
cblr-2902	848	18	)	)	PUNCT
cblr-2902	848	19	of	of	ADP
cblr-2902	848	20	the	the	DET
cblr-2902	848	21	notional	notional	ADJ
cblr-2902	848	22	value	value	NOUN
cblr-2902	848	23	.	.	PUNCT
cblr-2902	849	1	when	when	SCONJ
cblr-2902	849	2	interpreting	interpret	VERB
cblr-2902	849	3	credit	credit	NOUN
cblr-2902	849	4	spreads	spread	NOUN
cblr-2902	849	5	,	,	PUNCT
cblr-2902	849	6	the	the	DET
cblr-2902	849	7	most	most	ADV
cblr-2902	849	8	important	important	ADJ
cblr-2902	849	9	concept	concept	NOUN
cblr-2902	849	10	to	to	PART
cblr-2902	849	11	understand	understand	VERB
cblr-2902	849	12	is	be	AUX
cblr-2902	849	13	that	that	SCONJ
cblr-2902	849	14	bankruptcies	bankruptcy	NOUN
cblr-2902	849	15	and	and	CCONJ
cblr-2902	849	16	defaults	default	NOUN
cblr-2902	849	17	can	can	AUX
cblr-2902	849	18	involve	involve	VERB
cblr-2902	849	19	different	different	ADJ
cblr-2902	849	20	degrees	degree	NOUN
cblr-2902	849	21	of	of	ADP
cblr-2902	849	22	loss	loss	NOUN
cblr-2902	849	23	to	to	ADP
cblr-2902	849	24	bondholders	bondholder	NOUN
cblr-2902	849	25	.	.	PUNCT
cblr-2902	850	1	the	the	DET
cblr-2902	850	2	probability	probability	NOUN
cblr-2902	850	3	of	of	ADP
cblr-2902	850	4	default	default	NOUN
cblr-2902	850	5	and	and	CCONJ
cblr-2902	850	6	the	the	DET
cblr-2902	850	7	severity	severity	NOUN
cblr-2902	850	8	of	of	ADP
cblr-2902	850	9	the	the	DET
cblr-2902	850	10	default	default	NOUN
cblr-2902	850	11	-	-	PUNCT
cblr-2902	850	12	the	the	DET
cblr-2902	850	13	loss	loss	NOUN
cblr-2902	850	14	given	give	VERB
cblr-2902	850	15	default	default	NOUN
cblr-2902	850	16	-	-	PUNCT
cblr-2902	850	17	are	be	AUX
cblr-2902	850	18	what	what	PRON
cblr-2902	850	19	drive	drive	VERB
cblr-2902	850	20	credit	credit	NOUN
cblr-2902	850	21	spreads	spread	NOUN
cblr-2902	850	22	.	.	PUNCT
cblr-2902	850	23	"	"	PUNCT
cblr-2902	850	24	'	'	PUNCT
cblr-2902	850	25	for	for	ADP
cblr-2902	850	26	a	a	DET
cblr-2902	850	27	given	give	VERB
cblr-2902	850	28	spread	spread	NOUN
cblr-2902	850	29	,	,	PUNCT
cblr-2902	850	30	the	the	DET
cblr-2902	850	31	probability	probability	NOUN
cblr-2902	850	32	of	of	ADP
cblr-2902	850	33	default	default	NOUN
cblr-2902	850	34	and	and	CCONJ
cblr-2902	850	35	the	the	DET
cblr-2902	850	36	loss	loss	NOUN
cblr-2902	850	37	given	give	VERB
cblr-2902	850	38	default	default	NOUN
cblr-2902	850	39	are	be	AUX
cblr-2902	850	40	inversely	inversely	ADV
cblr-2902	850	41	related	relate	VERB
cblr-2902	850	42	.	.	PUNCT
cblr-2902	851	1	in	in	ADP
cblr-2902	851	2	other	other	ADJ
cblr-2902	851	3	words	word	NOUN
cblr-2902	851	4	,	,	PUNCT
cblr-2902	851	5	if	if	SCONJ
cblr-2902	851	6	two	two	NUM
cblr-2902	851	7	investors	investor	NOUN
cblr-2902	851	8	both	both	PRON
cblr-2902	851	9	agree	agree	VERB
cblr-2902	851	10	that	that	SCONJ
cblr-2902	851	11	a	a	DET
cblr-2902	851	12	certain	certain	ADJ
cblr-2902	851	13	credit	credit	NOUN
cblr-2902	851	14	spread	spread	NOUN
cblr-2902	851	15	is	be	AUX
cblr-2902	851	16	appropriate	appropriate	ADJ
cblr-2902	851	17	,	,	PUNCT
cblr-2902	851	18	but	but	CCONJ
cblr-2902	851	19	the	the	DET
cblr-2902	851	20	first	first	ADJ
cblr-2902	851	21	investor	investor	NOUN
cblr-2902	851	22	believes	believe	VERB
cblr-2902	851	23	that	that	SCONJ
cblr-2902	851	24	the	the	DET
cblr-2902	851	25	probability	probability	NOUN
cblr-2902	851	26	of	of	ADP
cblr-2902	851	27	default	default	NOUN
cblr-2902	851	28	is	be	AUX
cblr-2902	851	29	higher	high	ADJ
cblr-2902	851	30	than	than	ADP
cblr-2902	851	31	the	the	DET
cblr-2902	851	32	second	second	ADJ
cblr-2902	851	33	investor	investor	NOUN
cblr-2902	851	34	,	,	PUNCT
cblr-2902	851	35	then	then	ADV
cblr-2902	851	36	the	the	DET
cblr-2902	851	37	first	first	ADJ
cblr-2902	851	38	investor	investor	NOUN
cblr-2902	851	39	must	must	AUX
cblr-2902	851	40	believe	believe	VERB
cblr-2902	851	41	that	that	SCONJ
cblr-2902	851	42	the	the	DET
cblr-2902	851	43	loss	loss	NOUN
cblr-2902	851	44	given	give	VERB
cblr-2902	851	45	default	default	NOUN
cblr-2902	851	46	,	,	PUNCT
cblr-2902	851	47	will	will	AUX
cblr-2902	851	48	be	be	AUX
cblr-2902	851	49	lower	low	ADJ
cblr-2902	851	50	than	than	ADP
cblr-2902	851	51	the	the	DET
cblr-2902	851	52	second	second	ADJ
cblr-2902	851	53	investor	investor	NOUN
cblr-2902	851	54	.	.	PUNCT
cblr-2902	852	1	the	the	DET
cblr-2902	852	2	discussion	discussion	NOUN
cblr-2902	852	3	that	that	PRON
cblr-2902	852	4	follows	follow	VERB
cblr-2902	852	5	explains	explain	VERB
cblr-2902	852	6	the	the	DET
cblr-2902	852	7	relative	relative	ADJ
cblr-2902	852	8	advantages	advantage	NOUN
cblr-2902	852	9	and	and	CCONJ
cblr-2902	852	10	disadvantages	disadvantage	NOUN
cblr-2902	852	11	of	of	ADP
cblr-2902	852	12	bond	bond	NOUN
cblr-2902	852	13	market	market	NOUN
cblr-2902	852	14	data	datum	NOUN
cblr-2902	852	15	and	and	CCONJ
cblr-2902	852	16	cds	cd	NOUN
cblr-2902	852	17	data	datum	NOUN
cblr-2902	852	18	,	,	PUNCT
cblr-2902	852	19	and	and	CCONJ
cblr-2902	852	20	why	why	SCONJ
cblr-2902	852	21	courts	court	NOUN
cblr-2902	852	22	should	should	AUX
cblr-2902	852	23	ideally	ideally	ADV
cblr-2902	852	24	consider	consider	VERB
cblr-2902	852	25	data	datum	NOUN
cblr-2902	852	26	from	from	ADP
cblr-2902	852	27	both	both	DET
cblr-2902	852	28	markets	market	NOUN
cblr-2902	852	29	in	in	ADP
cblr-2902	852	30	their	their	PRON
cblr-2902	852	31	analyses	analysis	NOUN
cblr-2902	852	32	.	.	PUNCT
cblr-2902	853	1	it	it	PRON
cblr-2902	853	2	also	also	ADV
cblr-2902	853	3	explains	explain	VERB
cblr-2902	853	4	how	how	SCONJ
cblr-2902	853	5	courts	court	NOUN
cblr-2902	853	6	(	(	PUNCT
cblr-2902	853	7	or	or	CCONJ
cblr-2902	853	8	those	those	PRON
cblr-2902	853	9	seeking	seek	VERB
cblr-2902	853	10	to	to	PART
cblr-2902	853	11	persuade	persuade	VERB
cblr-2902	853	12	them	they	PRON
cblr-2902	853	13	)	)	PUNCT
cblr-2902	853	14	can	can	AUX
cblr-2902	853	15	extract	extract	VERB
cblr-2902	853	16	the	the	DET
cblr-2902	853	17	probability	probability	NOUN
cblr-2902	853	18	of	of	ADP
cblr-2902	853	19	default	default	NOUN
cblr-2902	853	20	and	and	CCONJ
cblr-2902	853	21	the	the	DET
cblr-2902	853	22	expected	expect	VERB
cblr-2902	853	23	loss	loss	NOUN
cblr-2902	853	24	given	give	VERB
cblr-2902	853	25	default	default	NOUN
cblr-2902	853	26	that	that	PRON
cblr-2902	853	27	are	be	AUX
cblr-2902	853	28	implicit	implicit	ADJ
cblr-2902	853	29	in	in	ADP
cblr-2902	853	30	bond	bond	NOUN
cblr-2902	853	31	credit	credit	NOUN
cblr-2902	853	32	spreads	spread	NOUN
cblr-2902	853	33	and	and	CCONJ
cblr-2902	853	34	cds	cd	NOUN
cblr-2902	853	35	fees	fee	NOUN
cblr-2902	853	36	(	(	PUNCT
cblr-2902	853	37	also	also	ADV
cblr-2902	853	38	called	call	VERB
cblr-2902	853	39	spreads	spread	NOUN
cblr-2902	853	40	)	)	PUNCT
cblr-2902	853	41	.	.	PUNCT
cblr-2902	854	1	the	the	DET
cblr-2902	854	2	techniques	technique	NOUN
cblr-2902	854	3	we	we	PRON
cblr-2902	854	4	develop	develop	VERB
cblr-2902	854	5	and	and	CCONJ
cblr-2902	854	6	present	present	ADJ
cblr-2902	854	7	here	here	ADV
cblr-2902	854	8	are	be	AUX
cblr-2902	854	9	designed	design	VERB
cblr-2902	854	10	to	to	PART
cblr-2902	854	11	be	be	AUX
cblr-2902	854	12	simple	simple	ADJ
cblr-2902	854	13	.	.	PUNCT
cblr-2902	855	1	although	although	SCONJ
cblr-2902	855	2	professional	professional	ADJ
cblr-2902	855	3	fixed	fix	VERB
cblr-2902	855	4	income	income	NOUN
cblr-2902	855	5	traders	trader	NOUN
cblr-2902	855	6	-	-	PUNCT
cblr-2902	855	7	whose	whose	DET
cblr-2902	855	8	profits	profit	NOUN
cblr-2902	855	9	depend	depend	VERB
cblr-2902	855	10	on	on	ADP
cblr-2902	855	11	fractions	fraction	NOUN
cblr-2902	855	12	of	of	ADP
cblr-2902	855	13	a	a	DET
cblr-2902	855	14	percent	percent	NOUN
cblr-2902	855	15	on	on	ADP
cblr-2902	855	16	every	every	DET
cblr-2902	855	17	trade'72	trade'72	PROPN
cblr-2902	855	18	and	and	CCONJ
cblr-2902	855	19	who	who	PRON
cblr-2902	855	20	may	may	AUX
cblr-2902	855	21	wish	wish	VERB
cblr-2902	855	22	to	to	PART
cblr-2902	855	23	make	make	VERB
cblr-2902	855	24	surgical	surgical	ADJ
cblr-2902	855	25	bets	bet	NOUN
cblr-2902	855	26	about	about	ADV
cblr-2902	855	27	170	170	NUM
cblr-2902	855	28	although	although	SCONJ
cblr-2902	855	29	some	some	DET
cblr-2902	855	30	contracts	contract	NOUN
cblr-2902	855	31	also	also	ADV
cblr-2902	855	32	require	require	VERB
cblr-2902	855	33	upfront	upfront	ADJ
cblr-2902	855	34	fees	fee	NOUN
cblr-2902	855	35	,	,	PUNCT
cblr-2902	855	36	it	it	PRON
cblr-2902	855	37	is	be	AUX
cblr-2902	855	38	possible	possible	ADJ
cblr-2902	855	39	to	to	PART
cblr-2902	855	40	calculate	calculate	VERB
cblr-2902	855	41	what	what	PRON
cblr-2902	855	42	periodic	periodic	ADJ
cblr-2902	855	43	fees	fee	NOUN
cblr-2902	855	44	would	would	AUX
cblr-2902	855	45	be	be	AUX
cblr-2902	855	46	for	for	ADP
cblr-2902	855	47	such	such	DET
cblr-2902	855	48	a	a	DET
cblr-2902	855	49	contract	contract	NOUN
cblr-2902	855	50	if	if	SCONJ
cblr-2902	855	51	there	there	PRON
cblr-2902	855	52	were	be	VERB
cblr-2902	855	53	no	no	DET
cblr-2902	855	54	upfront	upfront	ADJ
cblr-2902	855	55	fee	fee	NOUN
cblr-2902	855	56	.	.	PUNCT
cblr-2902	856	1	171	171	NUM
cblr-2902	856	2	see	see	VERB
cblr-2902	856	3	merton	merton	PROPN
cblr-2902	856	4	,	,	PUNCT
cblr-2902	856	5	supra	supra	PROPN
cblr-2902	856	6	note	note	NOUN
cblr-2902	856	7	159	159	NUM
cblr-2902	856	8	,	,	PUNCT
cblr-2902	856	9	at	at	ADP
cblr-2902	856	10	449	449	NUM
cblr-2902	856	11	(	(	PUNCT
cblr-2902	856	12	arguing	argue	VERB
cblr-2902	856	13	that	that	SCONJ
cblr-2902	856	14	the	the	DET
cblr-2902	856	15	risk	risk	NOUN
cblr-2902	856	16	of	of	ADP
cblr-2902	856	17	default	default	NOUN
cblr-2902	856	18	is	be	AUX
cblr-2902	856	19	reflected	reflect	VERB
cblr-2902	856	20	in	in	ADP
cblr-2902	856	21	interest	interest	NOUN
cblr-2902	856	22	rates	rate	NOUN
cblr-2902	856	23	and	and	CCONJ
cblr-2902	856	24	noting	note	VERB
cblr-2902	856	25	that	that	SCONJ
cblr-2902	856	26	the	the	DET
cblr-2902	856	27	value	value	NOUN
cblr-2902	856	28	of	of	ADP
cblr-2902	856	29	a	a	DET
cblr-2902	856	30	particular	particular	ADJ
cblr-2902	856	31	issue	issue	NOUN
cblr-2902	856	32	of	of	ADP
cblr-2902	856	33	corporate	corporate	ADJ
cblr-2902	856	34	debt	debt	NOUN
cblr-2902	856	35	depends	depend	VERB
cblr-2902	856	36	on	on	ADP
cblr-2902	856	37	three	three	NUM
cblr-2902	856	38	things	thing	NOUN
cblr-2902	856	39	:	:	PUNCT
cblr-2902	856	40	(	(	PUNCT
cblr-2902	856	41	1	1	X
cblr-2902	856	42	)	)	PUNCT
cblr-2902	856	43	the	the	DET
cblr-2902	856	44	default	default	NOUN
cblr-2902	856	45	-	-	PUNCT
cblr-2902	856	46	risk	risk	NOUN
cblr-2902	856	47	-	-	PUNCT
cblr-2902	856	48	free	free	ADJ
cblr-2902	856	49	rate	rate	NOUN
cblr-2902	856	50	of	of	ADP
cblr-2902	856	51	return	return	NOUN
cblr-2902	856	52	;	;	PUNCT
cblr-2902	856	53	(	(	PUNCT
cblr-2902	856	54	2	2	X
cblr-2902	856	55	)	)	PUNCT
cblr-2902	856	56	the	the	DET
cblr-2902	856	57	term	term	NOUN
cblr-2902	856	58	structure	structure	NOUN
cblr-2902	856	59	and	and	CCONJ
cblr-2902	856	60	seniority	seniority	NOUN
cblr-2902	856	61	;	;	PUNCT
cblr-2902	856	62	and	and	CCONJ
cblr-2902	856	63	(	(	PUNCT
cblr-2902	856	64	3	3	X
cblr-2902	856	65	)	)	PUNCT
cblr-2902	856	66	the	the	DET
cblr-2902	856	67	probability	probability	NOUN
cblr-2902	856	68	of	of	ADP
cblr-2902	856	69	default	default	NOUN
cblr-2902	856	70	)	)	PUNCT
cblr-2902	856	71	;	;	PUNCT
cblr-2902	856	72	lawrence	lawrence	PROPN
cblr-2902	856	73	fisher	fisher	PROPN
cblr-2902	856	74	,	,	PUNCT
cblr-2902	856	75	determinants	determinant	NOUN
cblr-2902	856	76	of	of	ADP
cblr-2902	856	77	risk	risk	NOUN
cblr-2902	856	78	premiums	premium	NOUN
cblr-2902	856	79	on	on	ADP
cblr-2902	856	80	corporate	corporate	ADJ
cblr-2902	856	81	bonds	bond	NOUN
cblr-2902	856	82	,	,	PUNCT
cblr-2902	856	83	67	67	NUM
cblr-2902	856	84	j.	j.	PROPN
cblr-2902	856	85	pol	pol	PROPN
cblr-2902	856	86	.	.	PUNCT
cblr-2902	857	1	econ	econ	PROPN
cblr-2902	857	2	.	.	PUNCT
cblr-2902	858	1	217	217	NUM
cblr-2902	858	2	,	,	PUNCT
cblr-2902	858	3	217	217	NUM
cblr-2902	858	4	(	(	PUNCT
cblr-2902	858	5	1959	1959	NUM
cblr-2902	858	6	)	)	PUNCT
cblr-2902	858	7	(	(	PUNCT
cblr-2902	858	8	hypothesizing	hypothesize	VERB
cblr-2902	858	9	that	that	SCONJ
cblr-2902	858	10	the	the	DET
cblr-2902	858	11	difference	difference	NOUN
cblr-2902	858	12	between	between	ADP
cblr-2902	858	13	the	the	DET
cblr-2902	858	14	market	market	NOUN
cblr-2902	858	15	yield	yield	NOUN
cblr-2902	858	16	on	on	ADP
cblr-2902	858	17	the	the	DET
cblr-2902	858	18	bond	bond	NOUN
cblr-2902	858	19	and	and	CCONJ
cblr-2902	858	20	the	the	DET
cblr-2902	858	21	risk	risk	NOUN
cblr-2902	858	22	-	-	PUNCT
cblr-2902	858	23	free	free	ADJ
cblr-2902	858	24	rate	rate	NOUN
cblr-2902	858	25	"	"	PUNCT
cblr-2902	858	26	depends	depend	VERB
cblr-2902	858	27	first	first	ADV
cblr-2902	858	28	on	on	ADP
cblr-2902	858	29	the	the	DET
cblr-2902	858	30	risk	risk	NOUN
cblr-2902	858	31	that	that	SCONJ
cblr-2902	858	32	the	the	DET
cblr-2902	858	33	firm	firm	NOUN
cblr-2902	858	34	will	will	AUX
cblr-2902	858	35	default	default	VERB
cblr-2902	858	36	on	on	ADP
cblr-2902	858	37	its	its	PRON
cblr-2902	858	38	bonds	bond	NOUN
cblr-2902	858	39	and	and	CCONJ
cblr-2902	858	40	second	second	ADJ
cblr-2902	858	41	on	on	ADP
cblr-2902	858	42	their	their	PRON
cblr-2902	858	43	marketability	marketability	NOUN
cblr-2902	858	44	"	"	PUNCT
cblr-2902	858	45	)	)	PUNCT
cblr-2902	858	46	.	.	PUNCT
cblr-2902	859	1	172	172	NUM
cblr-2902	859	2	see	see	VERB
cblr-2902	859	3	michael	michael	PROPN
cblr-2902	859	4	lewis	lewis	PROPN
cblr-2902	859	5	,	,	PUNCT
cblr-2902	859	6	the	the	DET
cblr-2902	859	7	big	big	ADJ
cblr-2902	859	8	short	short	ADJ
cblr-2902	859	9	:	:	PUNCT
cblr-2902	859	10	inside	inside	ADP
cblr-2902	859	11	the	the	DET
cblr-2902	859	12	doomsday	doomsday	NOUN
cblr-2902	859	13	machine	machine	NOUN
cblr-2902	859	14	208	208	NUM
cblr-2902	859	15	(	(	PUNCT
cblr-2902	859	16	2010	2010	NUM
cblr-2902	859	17	)	)	PUNCT
cblr-2902	859	18	(	(	PUNCT
cblr-2902	859	19	"	"	PUNCT
cblr-2902	859	20	on	on	ADP
cblr-2902	859	21	a	a	DET
cblr-2902	859	22	$	$	SYM
cblr-2902	859	23	2	2	NUM
cblr-2902	859	24	billion	billion	NUM
cblr-2902	859	25	trade	trade	NOUN
cblr-2902	859	26	.	.	PUNCT
cblr-2902	859	27	.	.	PUNCT
cblr-2902	859	28	.	.	PUNCT
cblr-2902	860	1	the	the	DET
cblr-2902	860	2	traders	trader	NOUN
cblr-2902	860	3	were	be	AUX
cblr-2902	860	4	arguing	argue	VERB
cblr-2902	860	5	col	col	PROPN
cblr-2902	860	6	umbia	umbia	PROPN
cblr-2902	860	7	b	b	PROPN
cblr-2902	861	1	usiness	usiness	PROPN
cblr-2902	861	2	la	la	PROPN
cblr-2902	861	3	w	w	PROPN
cblr-2902	861	4	re	re	PROPN
cblr-2902	861	5	vie	vie	PROPN
cblr-2902	861	6	w	w	PROPN
cblr-2902	862	1	[	[	X
cblr-2902	862	2	vol	vol	NOUN
cblr-2902	862	3	.	.	PUNCT
cblr-2902	862	4	2011170	2011170	NUM
cblr-2902	863	1	the	the	DET
cblr-2902	863	2	timing	timing	NOUN
cblr-2902	863	3	of	of	ADP
cblr-2902	863	4	a	a	DET
cblr-2902	863	5	default	default	NOUN
cblr-2902	863	6	-	-	PUNCT
cblr-2902	863	7	may	may	AUX
cblr-2902	863	8	use	use	VERB
cblr-2902	863	9	more	more	ADV
cblr-2902	863	10	sophisticated	sophisticated	ADJ
cblr-2902	863	11	techniques	technique	NOUN
cblr-2902	863	12	,	,	PUNCT
cblr-2902	863	13	"	"	PUNCT
cblr-2902	863	14	'	'	PUNCT
cblr-2902	863	15	extracting	extract	VERB
cblr-2902	863	16	market	market	NOUN
cblr-2902	863	17	implied	imply	VERB
cblr-2902	863	18	probabilities	probability	NOUN
cblr-2902	863	19	of	of	ADP
cblr-2902	863	20	default	default	NOUN
cblr-2902	863	21	for	for	ADP
cblr-2902	863	22	our	our	PRON
cblr-2902	863	23	purposes	purpose	NOUN
cblr-2902	863	24	does	do	AUX
cblr-2902	863	25	not	not	PART
cblr-2902	863	26	require	require	VERB
cblr-2902	863	27	the	the	DET
cblr-2902	863	28	same	same	ADJ
cblr-2902	863	29	degree	degree	NOUN
cblr-2902	863	30	of	of	ADP
cblr-2902	863	31	precision	precision	NOUN
cblr-2902	863	32	.	.	PUNCT
cblr-2902	864	1	more	more	ADJ
cblr-2902	864	2	complex	complex	ADJ
cblr-2902	864	3	techniques	technique	NOUN
cblr-2902	864	4	are	be	AUX
cblr-2902	864	5	more	more	ADV
cblr-2902	864	6	assumptionladen	assumptionladen	ADJ
cblr-2902	864	7	and	and	CCONJ
cblr-2902	864	8	therefore	therefore	ADV
cblr-2902	864	9	easier	easy	ADJ
cblr-2902	864	10	for	for	SCONJ
cblr-2902	864	11	experts	expert	NOUN
cblr-2902	864	12	to	to	PART
cblr-2902	864	13	manipulate	manipulate	VERB
cblr-2902	864	14	.	.	PUNCT
cblr-2902	865	1	in	in	ADP
cblr-2902	865	2	the	the	DET
cblr-2902	865	3	legal	legal	ADJ
cblr-2902	865	4	context	context	NOUN
cblr-2902	865	5	,	,	PUNCT
cblr-2902	865	6	simplicity	simplicity	NOUN
cblr-2902	865	7	is	be	AUX
cblr-2902	865	8	a	a	DET
cblr-2902	865	9	virtue	virtue	NOUN
cblr-2902	865	10	.	.	PUNCT
cblr-2902	866	1	the	the	DET
cblr-2902	866	2	discussion	discussion	NOUN
cblr-2902	866	3	also	also	ADV
cblr-2902	866	4	explains	explain	VERB
cblr-2902	866	5	important	important	ADJ
cblr-2902	866	6	caveats	caveat	NOUN
cblr-2902	866	7	and	and	CCONJ
cblr-2902	866	8	precautions	precaution	NOUN
cblr-2902	866	9	that	that	PRON
cblr-2902	866	10	should	should	AUX
cblr-2902	866	11	be	be	AUX
cblr-2902	866	12	taken	take	VERB
cblr-2902	866	13	when	when	SCONJ
cblr-2902	866	14	using	use	VERB
cblr-2902	866	15	the	the	DET
cblr-2902	866	16	described	describe	VERB
cblr-2902	866	17	approaches	approach	NOUN
cblr-2902	866	18	.	.	PUNCT
cblr-2902	867	1	1	1	X
cblr-2902	867	2	.	.	X
cblr-2902	867	3	market	market	NOUN
cblr-2902	867	4	implied	imply	VERB
cblr-2902	867	5	probabilities	probability	NOUN
cblr-2902	867	6	of	of	ADP
cblr-2902	867	7	default	default	NOUN
cblr-2902	867	8	facilitate	facilitate	NOUN
cblr-2902	867	9	continuous	continuous	ADJ
cblr-2902	867	10	solvency	solvency	NOUN
cblr-2902	867	11	analysis	analysis	NOUN
cblr-2902	867	12	bankruptcy	bankruptcy	NOUN
cblr-2902	867	13	courts	court	NOUN
cblr-2902	867	14	sometimes	sometimes	ADV
cblr-2902	867	15	conceived	conceive	VERB
cblr-2902	867	16	of	of	ADP
cblr-2902	867	17	insolvency	insolvency	NOUN
cblr-2902	867	18	as	as	ADP
cblr-2902	867	19	a	a	DET
cblr-2902	867	20	state	state	NOUN
cblr-2902	867	21	into	into	ADP
cblr-2902	867	22	which	which	PRON
cblr-2902	867	23	a	a	DET
cblr-2902	867	24	debtor	debtor	NOUN
cblr-2902	867	25	moved	move	VERB
cblr-2902	867	26	on	on	ADP
cblr-2902	867	27	some	some	DET
cblr-2902	867	28	date	date	NOUN
cblr-2902	867	29	before	before	ADP
cblr-2902	867	30	filing	file	VERB
cblr-2902	867	31	bankruptcy	bankruptcy	NOUN
cblr-2902	867	32	,	,	PUNCT
cblr-2902	867	33	and	and	CCONJ
cblr-2902	867	34	that	that	SCONJ
cblr-2902	867	35	once	once	ADV
cblr-2902	867	36	insolvent	insolvent	ADJ
cblr-2902	867	37	,	,	PUNCT
cblr-2902	867	38	a	a	DET
cblr-2902	867	39	debtor	debtor	NOUN
cblr-2902	867	40	remained	remain	VERB
cblr-2902	867	41	insolvent	insolvent	ADJ
cblr-2902	867	42	until	until	ADP
cblr-2902	867	43	filing	file	VERB
cblr-2902	867	44	bankruptcy	bankruptcy	NOUN
cblr-2902	867	45	.	.	PUNCT
cblr-2902	868	1	this	this	DET
cblr-2902	868	2	view	view	NOUN
cblr-2902	868	3	was	be	AUX
cblr-2902	868	4	convenient	convenient	ADJ
cblr-2902	868	5	because	because	SCONJ
cblr-2902	868	6	it	it	PRON
cblr-2902	868	7	was	be	AUX
cblr-2902	868	8	historically	historically	ADV
cblr-2902	868	9	expensive	expensive	ADJ
cblr-2902	868	10	and	and	CCONJ
cblr-2902	868	11	time	time	NOUN
cblr-2902	868	12	-	-	PUNCT
cblr-2902	868	13	consuming	consume	VERB
cblr-2902	868	14	for	for	ADP
cblr-2902	868	15	a	a	DET
cblr-2902	868	16	court	court	NOUN
cblr-2902	868	17	to	to	PART
cblr-2902	868	18	determine	determine	VERB
cblr-2902	868	19	a	a	DET
cblr-2902	868	20	debtor	debtor	NOUN
cblr-2902	868	21	's	's	PART
cblr-2902	868	22	financial	financial	ADJ
cblr-2902	868	23	condition	condition	NOUN
cblr-2902	868	24	at	at	ADP
cblr-2902	868	25	each	each	DET
cblr-2902	868	26	point	point	NOUN
cblr-2902	868	27	in	in	ADP
cblr-2902	868	28	time	time	NOUN
cblr-2902	868	29	,	,	PUNCT
cblr-2902	868	30	and	and	CCONJ
cblr-2902	868	31	a	a	DET
cblr-2902	868	32	single	single	ADJ
cblr-2902	868	33	bankruptcy	bankruptcy	NOUN
cblr-2902	868	34	might	might	AUX
cblr-2902	868	35	involve	involve	VERB
cblr-2902	868	36	numerous	numerous	ADJ
cblr-2902	868	37	alleged	allege	VERB
cblr-2902	868	38	fraudulent	fraudulent	ADJ
cblr-2902	868	39	transfers	transfer	NOUN
cblr-2902	868	40	on	on	ADP
cblr-2902	868	41	different	different	ADJ
cblr-2902	868	42	dates	date	NOUN
cblr-2902	868	43	.	.	PUNCT
cblr-2902	869	1	however	however	ADV
cblr-2902	869	2	,	,	PUNCT
cblr-2902	869	3	the	the	DET
cblr-2902	869	4	truth	truth	NOUN
cblr-2902	869	5	is	be	AUX
cblr-2902	869	6	that	that	SCONJ
cblr-2902	869	7	a	a	DET
cblr-2902	869	8	debtor	debtor	NOUN
cblr-2902	869	9	can	can	AUX
cblr-2902	869	10	shift	shift	VERB
cblr-2902	869	11	back	back	ADV
cblr-2902	869	12	and	and	CCONJ
cblr-2902	869	13	forth	forth	ADV
cblr-2902	869	14	between	between	ADP
cblr-2902	869	15	being	be	AUX
cblr-2902	869	16	insolvent	insolvent	ADJ
cblr-2902	869	17	and	and	CCONJ
cblr-2902	869	18	being	be	AUX
cblr-2902	869	19	solvent	solvent	ADJ
cblr-2902	869	20	several	several	ADJ
cblr-2902	869	21	times	time	NOUN
cblr-2902	869	22	before	before	ADP
cblr-2902	869	23	filing	file	VERB
cblr-2902	869	24	bankruptcy	bankruptcy	NOUN
cblr-2902	869	25	.	.	PUNCT
cblr-2902	870	1	the	the	DET
cblr-2902	870	2	bankruptcy	bankruptcy	PROPN
cblr-2902	870	3	code	code	PROPN
cblr-2902	870	4	explicitly	explicitly	ADV
cblr-2902	870	5	contemplates	contemplate	VERB
cblr-2902	870	6	this	this	DET
cblr-2902	870	7	possibility	possibility	NOUN
cblr-2902	870	8	because	because	SCONJ
cblr-2902	870	9	it	it	PRON
cblr-2902	870	10	refers	refer	VERB
cblr-2902	870	11	to	to	ADP
cblr-2902	870	12	the	the	DET
cblr-2902	870	13	financial	financial	ADJ
cblr-2902	870	14	condition	condition	NOUN
cblr-2902	870	15	of	of	ADP
cblr-2902	870	16	the	the	DET
cblr-2902	870	17	debtor	debtor	NOUN
cblr-2902	870	18	on	on	ADP
cblr-2902	870	19	"	"	PUNCT
cblr-2902	870	20	the	the	DET
cblr-2902	870	21	date	date	NOUN
cblr-2902	870	22	"	"	PUNCT
cblr-2902	870	23	of	of	ADP
cblr-2902	870	24	the	the	DET
cblr-2902	870	25	alleged	allege	VERB
cblr-2902	870	26	fraudulent	fraudulent	ADJ
cblr-2902	870	27	transfer	transfer	NOUN
cblr-2902	870	28	.	.	PUNCT
cblr-2902	871	1	over	over	ADP
cblr-2902	871	2	interest	interest	NOUN
cblr-2902	871	3	payments	payment	NOUN
cblr-2902	871	4	amounting	amount	VERB
cblr-2902	871	5	to	to	ADP
cblr-2902	871	6	$	$	SYM
cblr-2902	871	7	800,000	800,000	NUM
cblr-2902	871	8	per	per	ADP
cblr-2902	871	9	year	year	NOUN
cblr-2902	871	10	.	.	PUNCT
cblr-2902	872	1	over	over	ADP
cblr-2902	872	2	that	that	DET
cblr-2902	872	3	sum	sum	NOUN
cblr-2902	872	4	,	,	PUNCT
cblr-2902	872	5	the	the	DET
cblr-2902	872	6	deal	deal	NOUN
cblr-2902	872	7	fell	fall	VERB
cblr-2902	872	8	apart	apart	ADV
cblr-2902	872	9	.	.	PUNCT
cblr-2902	872	10	"	"	PUNCT
cblr-2902	872	11	)	)	PUNCT
cblr-2902	872	12	.	.	PUNCT
cblr-2902	872	13	..	..	PUNCT
cblr-2902	873	1	trading	trading	NOUN
cblr-2902	873	2	models	model	NOUN
cblr-2902	873	3	are	be	AUX
cblr-2902	873	4	proprietary	proprietary	ADJ
cblr-2902	873	5	.	.	PUNCT
cblr-2902	874	1	see	see	VERB
cblr-2902	874	2	gillian	gillian	PROPN
cblr-2902	874	3	tett	tett	PROPN
cblr-2902	874	4	,	,	PUNCT
cblr-2902	874	5	fool	fool	NOUN
cblr-2902	874	6	's	's	PART
cblr-2902	874	7	gold	gold	NOUN
cblr-2902	874	8	132	132	NUM
cblr-2902	874	9	-	-	SYM
cblr-2902	874	10	33	33	NUM
cblr-2902	874	11	(	(	PUNCT
cblr-2902	874	12	2009	2009	NUM
cblr-2902	874	13	)	)	PUNCT
cblr-2902	874	14	.	.	PUNCT
cblr-2902	875	1	however	however	ADV
cblr-2902	875	2	,	,	PUNCT
cblr-2902	875	3	several	several	ADJ
cblr-2902	875	4	economists	economist	NOUN
cblr-2902	875	5	have	have	AUX
cblr-2902	875	6	published	publish	VERB
cblr-2902	875	7	sophisticated	sophisticated	ADJ
cblr-2902	875	8	valuation	valuation	NOUN
cblr-2902	875	9	models	model	NOUN
cblr-2902	875	10	that	that	PRON
cblr-2902	875	11	influence	influence	VERB
cblr-2902	875	12	many	many	ADJ
cblr-2902	875	13	trading	trading	NOUN
cblr-2902	875	14	models	model	NOUN
cblr-2902	875	15	.	.	PUNCT
cblr-2902	876	1	see	see	VERB
cblr-2902	876	2	john	john	PROPN
cblr-2902	876	3	hull	hull	PROPN
cblr-2902	876	4	&	&	CCONJ
cblr-2902	876	5	alan	alan	PROPN
cblr-2902	876	6	white	white	PROPN
cblr-2902	876	7	,	,	PUNCT
cblr-2902	876	8	valuing	value	VERB
cblr-2902	876	9	credit	credit	NOUN
cblr-2902	876	10	default	default	NOUN
cblr-2902	876	11	swaps	swap	NOUN
cblr-2902	876	12	i.no	i.no	NOUN
cblr-2902	876	13	counterparty	counterparty	NOUN
cblr-2902	876	14	default	default	NOUN
cblr-2902	876	15	risk	risk	NOUN
cblr-2902	876	16	,	,	PUNCT
cblr-2902	876	17	j.	j.	PROPN
cblr-2902	876	18	derivatives	derivative	NOUN
cblr-2902	876	19	,	,	PUNCT
cblr-2902	876	20	fall	fall	VERB
cblr-2902	876	21	2000	2000	NUM
cblr-2902	876	22	,	,	PUNCT
cblr-2902	876	23	at	at	ADP
cblr-2902	876	24	29	29	NUM
cblr-2902	876	25	;	;	PUNCT
cblr-2902	876	26	john	john	PROPN
cblr-2902	876	27	hull	hull	PROPN
cblr-2902	876	28	&	&	CCONJ
cblr-2902	876	29	alan	alan	PROPN
cblr-2902	876	30	white	white	PROPN
cblr-2902	876	31	,	,	PUNCT
cblr-2902	876	32	valuing	value	VERB
cblr-2902	876	33	credit	credit	NOUN
cblr-2902	876	34	default	default	NOUN
cblr-2902	876	35	swaps	swap	NOUN
cblr-2902	876	36	ii	ii	NOUN
cblr-2902	876	37	:	:	PUNCT
cblr-2902	876	38	modeling	model	VERB
cblr-2902	876	39	default	default	NOUN
cblr-2902	876	40	correlations	correlation	NOUN
cblr-2902	876	41	,	,	PUNCT
cblr-2902	876	42	j.	j.	PROPN
cblr-2902	876	43	derivatives	derivative	NOUN
cblr-2902	876	44	,	,	PUNCT
cblr-2902	876	45	spring	spring	NOUN
cblr-2902	876	46	2001	2001	NUM
cblr-2902	876	47	,	,	PUNCT
cblr-2902	876	48	at	at	ADP
cblr-2902	876	49	12	12	NUM
cblr-2902	876	50	;	;	PUNCT
cblr-2902	876	51	john	john	PROPN
cblr-2902	876	52	hull	hull	PROPN
cblr-2902	876	53	&	&	CCONJ
cblr-2902	876	54	alan	alan	PROPN
cblr-2902	876	55	white	white	PROPN
cblr-2902	876	56	,	,	PUNCT
cblr-2902	876	57	the	the	DET
cblr-2902	876	58	valuation	valuation	NOUN
cblr-2902	876	59	of	of	ADP
cblr-2902	876	60	credit	credit	NOUN
cblr-2902	876	61	default	default	NOUN
cblr-2902	876	62	swap	swap	NOUN
cblr-2902	876	63	options	option	NOUN
cblr-2902	876	64	,	,	PUNCT
cblr-2902	876	65	j.	j.	PROPN
cblr-2902	876	66	derivatives	derivative	NOUN
cblr-2902	876	67	,	,	PUNCT
cblr-2902	876	68	spring	spring	NOUN
cblr-2902	876	69	2003	2003	NUM
cblr-2902	876	70	,	,	PUNCT
cblr-2902	876	71	at	at	ADP
cblr-2902	876	72	40	40	NUM
cblr-2902	876	73	;	;	PUNCT
cblr-2902	876	74	darell	darell	PROPN
cblr-2902	876	75	duffle	duffle	PROPN
cblr-2902	876	76	,	,	PUNCT
cblr-2902	876	77	credit	credit	NOUN
cblr-2902	876	78	swap	swap	NOUN
cblr-2902	876	79	valuation	valuation	NOUN
cblr-2902	876	80	,	,	PUNCT
cblr-2902	876	81	55	55	NUM
cblr-2902	876	82	fin	fin	NOUN
cblr-2902	876	83	.	.	PUNCT
cblr-2902	877	1	analysts	analyst	NOUN
cblr-2902	877	2	j.	j.	PROPN
cblr-2902	877	3	73	73	NUM
cblr-2902	877	4	(	(	PUNCT
cblr-2902	877	5	1999	1999	NUM
cblr-2902	877	6	)	)	PUNCT
cblr-2902	877	7	;	;	PUNCT
cblr-2902	877	8	darrell	darrell	PROPN
cblr-2902	877	9	duffie	duffie	PROPN
cblr-2902	877	10	,	,	PUNCT
cblr-2902	877	11	jun	jun	PROPN
cblr-2902	877	12	pan	pan	PROPN
cblr-2902	877	13	&	&	CCONJ
cblr-2902	877	14	kenneth	kenneth	PROPN
cblr-2902	877	15	singleton	singleton	PROPN
cblr-2902	877	16	,	,	PUNCT
cblr-2902	877	17	transforming	transform	VERB
cblr-2902	877	18	analysis	analysis	NOUN
cblr-2902	877	19	and	and	CCONJ
cblr-2902	877	20	asset	asset	NOUN
cblr-2902	877	21	pricing	pricing	NOUN
cblr-2902	877	22	for	for	ADP
cblr-2902	877	23	affine	affine	NOUN
cblr-2902	877	24	jump	jump	NOUN
cblr-2902	877	25	-	-	PUNCT
cblr-2902	877	26	diffusions	diffusion	NOUN
cblr-2902	877	27	,	,	PUNCT
cblr-2902	877	28	68	68	NUM
cblr-2902	877	29	econometrica	econometrica	NOUN
cblr-2902	877	30	1343	1343	NUM
cblr-2902	877	31	(	(	PUNCT
cblr-2902	877	32	2000	2000	NUM
cblr-2902	877	33	)	)	PUNCT
cblr-2902	877	34	.	.	PUNCT
cblr-2902	878	1	leveraged	leverage	VERB
cblr-2902	878	2	buyout	buyout	NOUN
cblr-2902	878	3	bankruptcies	bankruptcy	NOUN
cblr-2902	878	4	171no	171no	NOUN
cblr-2902	878	5	.	.	PUNCT
cblr-2902	879	1	i	i	PRON
cblr-2902	879	2	:	:	PUNCT
cblr-2902	879	3	118]1	118]1	PROPN
cblr-2902	879	4	columbia	columbia	PROPN
cblr-2902	879	5	business	business	PROPN
cblr-2902	879	6	law	law	PROPN
cblr-2902	879	7	re	re	AUX
cblr-2902	879	8	view	view	VERB
cblr-2902	879	9	the	the	DET
cblr-2902	879	10	output	output	NOUN
cblr-2902	879	11	of	of	ADP
cblr-2902	879	12	our	our	PRON
cblr-2902	879	13	model	model	NOUN
cblr-2902	879	14	-	-	PUNCT
cblr-2902	879	15	a	a	DET
cblr-2902	879	16	line	line	NOUN
cblr-2902	879	17	graph	graph	NOUN
cblr-2902	879	18	showing	show	VERB
cblr-2902	879	19	the	the	DET
cblr-2902	879	20	probability	probability	NOUN
cblr-2902	879	21	of	of	ADP
cblr-2902	879	22	default	default	NOUN
cblr-2902	879	23	across	across	ADP
cblr-2902	879	24	multiple	multiple	ADJ
cblr-2902	879	25	dates	date	NOUN
cblr-2902	879	26	-	-	PUNCT
cblr-2902	879	27	enables	enable	VERB
cblr-2902	879	28	courts	court	NOUN
cblr-2902	879	29	to	to	PART
cblr-2902	879	30	make	make	VERB
cblr-2902	879	31	more	more	ADJ
cblr-2902	879	32	fine	fine	ADV
cblr-2902	879	33	-	-	PUNCT
cblr-2902	879	34	grained	grain	VERB
cblr-2902	879	35	determinations	determination	NOUN
cblr-2902	879	36	about	about	ADP
cblr-2902	879	37	the	the	DET
cblr-2902	879	38	prebankruptcy	prebankruptcy	NOUN
cblr-2902	879	39	periods	period	NOUN
cblr-2902	879	40	during	during	ADP
cblr-2902	879	41	which	which	PRON
cblr-2902	879	42	the	the	DET
cblr-2902	879	43	debtor	debtor	NOUN
cblr-2902	879	44	was	be	AUX
cblr-2902	879	45	solvent	solvent	ADJ
cblr-2902	879	46	and	and	CCONJ
cblr-2902	879	47	those	those	PRON
cblr-2902	879	48	during	during	ADP
cblr-2902	879	49	which	which	PRON
cblr-2902	879	50	the	the	DET
cblr-2902	879	51	debtor	debtor	NOUN
cblr-2902	879	52	was	be	AUX
cblr-2902	879	53	insolvent	insolvent	ADJ
cblr-2902	879	54	.	.	PUNCT
cblr-2902	880	1	before	before	ADP
cblr-2902	880	2	diving	diving	NOUN
cblr-2902	880	3	into	into	ADP
cblr-2902	880	4	a	a	DET
cblr-2902	880	5	discussion	discussion	NOUN
cblr-2902	880	6	of	of	ADP
cblr-2902	880	7	the	the	DET
cblr-2902	880	8	technical	technical	ADJ
cblr-2902	880	9	aspects	aspect	NOUN
cblr-2902	880	10	of	of	ADP
cblr-2902	880	11	calculating	calculate	VERB
cblr-2902	880	12	market	market	NOUN
cblr-2902	880	13	implied	imply	VERB
cblr-2902	880	14	probabilities	probability	NOUN
cblr-2902	880	15	of	of	ADP
cblr-2902	880	16	default	default	NOUN
cblr-2902	880	17	,	,	PUNCT
cblr-2902	880	18	it	it	PRON
cblr-2902	880	19	may	may	AUX
cblr-2902	880	20	be	be	AUX
cblr-2902	880	21	helpful	helpful	ADJ
cblr-2902	880	22	for	for	SCONJ
cblr-2902	880	23	the	the	DET
cblr-2902	880	24	reader	reader	NOUN
cblr-2902	880	25	to	to	PART
cblr-2902	880	26	see	see	VERB
cblr-2902	880	27	examples	example	NOUN
cblr-2902	880	28	of	of	ADP
cblr-2902	880	29	results	result	NOUN
cblr-2902	880	30	of	of	ADP
cblr-2902	880	31	the	the	DET
cblr-2902	880	32	analysis	analysis	NOUN
cblr-2902	880	33	.	.	PUNCT
cblr-2902	881	1	the	the	DET
cblr-2902	881	2	charts	chart	NOUN
cblr-2902	881	3	below	below	ADV
cblr-2902	881	4	illustrate	illustrate	VERB
cblr-2902	881	5	the	the	DET
cblr-2902	881	6	power	power	NOUN
cblr-2902	881	7	of	of	ADP
cblr-2902	881	8	market	market	NOUN
cblr-2902	881	9	implied	imply	VERB
cblr-2902	881	10	probabilities	probability	NOUN
cblr-2902	881	11	of	of	ADP
cblr-2902	881	12	default	default	NOUN
cblr-2902	881	13	as	as	ADP
cblr-2902	881	14	a	a	DET
cblr-2902	881	15	tool	tool	NOUN
cblr-2902	881	16	for	for	ADP
cblr-2902	881	17	bankruptcy	bankruptcy	NOUN
cblr-2902	881	18	judges	judge	NOUN
cblr-2902	881	19	.	.	PUNCT
cblr-2902	882	1	figure	figure	VERB
cblr-2902	882	2	5	5	NUM
cblr-2902	882	3	below	below	ADV
cblr-2902	882	4	shows	show	VERB
cblr-2902	882	5	cds	cds	PROPN
cblr-2902	882	6	market	market	NOUN
cblr-2902	882	7	participants	participant	NOUN
cblr-2902	882	8	'	'	PART
cblr-2902	882	9	view	view	NOUN
cblr-2902	882	10	of	of	ADP
cblr-2902	882	11	the	the	DET
cblr-2902	882	12	solvency	solvency	NOUN
cblr-2902	882	13	of	of	ADP
cblr-2902	882	14	general	general	PROPN
cblr-2902	882	15	motors	motors	PROPN
cblr-2902	882	16	.	.	PUNCT
cblr-2902	883	1	to	to	ADP
cblr-2902	883	2	those	those	PRON
cblr-2902	883	3	who	who	PRON
cblr-2902	883	4	are	be	AUX
cblr-2902	883	5	familiar	familiar	ADJ
cblr-2902	883	6	with	with	ADP
cblr-2902	883	7	the	the	DET
cblr-2902	883	8	company	company	NOUN
cblr-2902	883	9	,	,	PUNCT
cblr-2902	883	10	it	it	PRON
cblr-2902	883	11	is	be	AUX
cblr-2902	883	12	probably	probably	ADV
cblr-2902	883	13	unremarkable	unremarkable	ADJ
cblr-2902	883	14	that	that	SCONJ
cblr-2902	883	15	general	general	PROPN
cblr-2902	883	16	motors	motors	PROPN
cblr-2902	883	17	's	's	PART
cblr-2902	883	18	bankruptcy	bankruptcy	NOUN
cblr-2902	883	19	was	be	AUX
cblr-2902	883	20	no	no	DET
cblr-2902	883	21	surprise	surprise	NOUN
cblr-2902	883	22	to	to	ADP
cblr-2902	883	23	the	the	DET
cblr-2902	883	24	market	market	NOUN
cblr-2902	883	25	.	.	PUNCT
cblr-2902	884	1	between	between	ADP
cblr-2902	884	2	general	general	PROPN
cblr-2902	884	3	motors	motors	PROPN
cblr-2902	884	4	's	's	PART
cblr-2902	884	5	high	high	ADJ
cblr-2902	884	6	labor	labor	NOUN
cblr-2902	884	7	costs	cost	NOUN
cblr-2902	884	8	,	,	PUNCT
cblr-2902	884	9	legacy	legacy	NOUN
cblr-2902	884	10	liabilities	liability	NOUN
cblr-2902	884	11	,	,	PUNCT
cblr-2902	884	12	and	and	CCONJ
cblr-2902	884	13	stiff	stiff	ADJ
cblr-2902	884	14	competition	competition	NOUN
cblr-2902	884	15	from	from	ADP
cblr-2902	884	16	leaner	lean	ADJ
cblr-2902	884	17	rivals	rival	NOUN
cblr-2902	884	18	-	-	PUNCT
cblr-2902	884	19	whose	whose	DET
cblr-2902	884	20	products	product	NOUN
cblr-2902	884	21	the	the	DET
cblr-2902	884	22	public	public	NOUN
cblr-2902	884	23	often	often	ADV
cblr-2902	884	24	perceived	perceive	VERB
cblr-2902	884	25	to	to	PART
cblr-2902	884	26	be	be	AUX
cblr-2902	884	27	of	of	ADP
cblr-2902	884	28	higher	high	ADJ
cblr-2902	884	29	quality	quality	NOUN
cblr-2902	884	30	than	than	ADP
cblr-2902	884	31	general	general	ADJ
cblr-2902	884	32	motors's	motors's	PROPN
cblr-2902	884	33	-	-	PUNCT
cblr-2902	884	34	cds	cds	ADJ
cblr-2902	884	35	market	market	NOUN
cblr-2902	884	36	participants	participant	NOUN
cblr-2902	884	37	could	could	AUX
cblr-2902	884	38	see	see	VERB
cblr-2902	884	39	bankruptcy	bankruptcy	NOUN
cblr-2902	884	40	coming	come	VERB
cblr-2902	884	41	years	year	NOUN
cblr-2902	884	42	ahead	ahead	ADV
cblr-2902	884	43	.	.	PUNCT
cblr-2902	885	1	figure	figure	VERB
cblr-2902	885	2	5	5	NUM
cblr-2902	885	3	:	:	PUNCT
cblr-2902	885	4	cds	cd	NOUN
cblr-2902	885	5	market	market	NOUN
cblr-2902	885	6	predicted	predict	VERB
cblr-2902	885	7	general	general	PROPN
cblr-2902	885	8	motors	motors	PROPN
cblr-2902	885	9	's	's	PART
cblr-2902	885	10	bankruptcy	bankruptcy	NOUN
cblr-2902	885	11	years	year	NOUN
cblr-2902	885	12	in	in	ADP
cblr-2902	885	13	advance	advance	NOUN
cblr-2902	885	14	cds	cd	NOUN
cblr-2902	885	15	market	market	NOUN
cblr-2902	885	16	participants	participant	NOUN
cblr-2902	885	17	'	'	PART
cblr-2902	885	18	view	view	NOUN
cblr-2902	885	19	of	of	ADP
cblr-2902	885	20	probability	probability	NOUN
cblr-2902	885	21	of	of	ADP
cblr-2902	885	22	gm	gm	PROPN
cblr-2902	885	23	default	default	NOUN
cblr-2902	885	24	within	within	ADP
cblr-2902	885	25	5	5	NUM
cblr-2902	885	26	years	year	NOUN
cblr-2902	885	27	percent	percent	NOUN
cblr-2902	885	28	july	july	PROPN
cblr-2902	885	29	2006	2006	NUM
cblr-2902	885	30	-	-	SYM
cblr-2902	885	31	march	march	PROPN
cblr-2902	885	32	2009	2009	NUM
cblr-2902	885	33	*	*	PUNCT
cblr-2902	885	34	assum	assum	VERB
cblr-2902	885	35	100	100	NUM
cblr-2902	885	36	%	%	NOUN
cblr-2902	885	37	recove	recove	VERB
cblr-2902	885	38	90	90	NUM
cblr-2902	885	39	%	%	NOUN
cblr-2902	885	40	-assum	-assum	NOUN
cblr-2902	885	41	80	80	NUM
cblr-2902	885	42	%	%	NOUN
cblr-2902	885	43	recove	recove	NOUN
cblr-2902	885	44	70	70	NUM
cblr-2902	885	45	%	%	NOUN
cblr-2902	885	46	60	60	NUM
cblr-2902	885	47	%	%	NOUN
cblr-2902	885	48	so%	so%	NOUN
cblr-2902	885	49	40%6	40%6	NUM
cblr-2902	885	50	30%6	30%6	NUM
cblr-2902	885	51	20	20	NUM
cblr-2902	885	52	%	%	NOUN
cblr-2902	885	53	10	10	NUM
cblr-2902	885	54	%	%	NOUN
cblr-2902	885	55	0	0	NUM
cblr-2902	885	56	%	%	NOUN
cblr-2902	885	57	0	0	NUM
cblr-2902	885	58	w	w	NOUN
cblr-2902	885	59	'	'	PUNCT
cblr-2902	885	60	w0	w0	PROPN
cblr-2902	885	61	cd	cd	PROPN
cblr-2902	885	62	co	co	X
cblr-2902	885	63	go	go	VERB
cblr-2902	885	64	w	w	PROPN
cblr-2902	885	65	general	general	PROPN
cblr-2902	885	66	motors	motor	NOUN
cblr-2902	885	67	filed	file	VERB
cblr-2902	885	68	bankruptcy	bankruptcy	NOUN
cblr-2902	885	69	in	in	ADP
cblr-2902	885	70	july	july	PROPN
cblr-2902	885	71	of	of	ADP
cblr-2902	885	72	2009	2009	NUM
cblr-2902	885	73	.	.	PUNCT
cblr-2902	886	1	source	source	NOUN
cblr-2902	886	2	:	:	PUNCT
cblr-2902	886	3	bloomberg	bloomberg	PROPN
cblr-2902	886	4	,	,	PUNCT
cblr-2902	886	5	cma	cma	PROPN
cblr-2902	886	6	,	,	PUNCT
cblr-2902	886	7	equations	equation	NOUN
cblr-2902	886	8	4	4	NUM
cblr-2902	886	9	through	through	ADP
cblr-2902	886	10	7	7	NUM
cblr-2902	886	11	.	.	NOUN
cblr-2902	886	12	172	172	NUM
cblr-2902	887	1	[	[	X
cblr-2902	887	2	vol	vol	NOUN
cblr-2902	887	3	.	.	PUNCT
cblr-2902	887	4	2011	2011	NUM
cblr-2902	887	5	ing	e	VERB
cblr-2902	887	6	40	40	NUM
cblr-2902	887	7	%	%	NOUN
cblr-2902	887	8	ing	ing	ADJ
cblr-2902	887	9	20	20	NUM
cblr-2902	887	10	%	%	NOUN
cblr-2902	887	11	ry	ry	NOUN
cblr-2902	887	12	by	by	ADP
cblr-2902	887	13	contrast	contrast	NOUN
cblr-2902	887	14	,	,	PUNCT
cblr-2902	887	15	lehman	lehman	PROPN
cblr-2902	887	16	brothers	brother	NOUN
cblr-2902	887	17	's	's	PART
cblr-2902	887	18	bankruptcy	bankruptcy	NOUN
cblr-2902	887	19	came	come	VERB
cblr-2902	887	20	as	as	ADP
cblr-2902	887	21	surprise	surprise	NOUN
cblr-2902	887	22	.	.	PUNCT
cblr-2902	888	1	figure	figure	NOUN
cblr-2902	888	2	6	6	NUM
cblr-2902	888	3	below	below	ADV
cblr-2902	888	4	shows	show	VERB
cblr-2902	888	5	cds	cds	PROPN
cblr-2902	888	6	market	market	NOUN
cblr-2902	888	7	participants	participant	NOUN
cblr-2902	888	8	'	'	PART
cblr-2902	888	9	view	view	NOUN
cblr-2902	888	10	of	of	ADP
cblr-2902	888	11	lehman	lehman	PROPN
cblr-2902	888	12	brothers	brother	NOUN
cblr-2902	888	13	.	.	PUNCT
cblr-2902	889	1	figure	figure	VERB
cblr-2902	889	2	6	6	NUM
cblr-2902	889	3	:	:	PUNCT
cblr-2902	889	4	cds	cd	NOUN
cblr-2902	889	5	market	market	NOUN
cblr-2902	889	6	believed	believe	VERB
cblr-2902	889	7	lehman	lehman	PROPN
cblr-2902	889	8	brothers	brother	NOUN
cblr-2902	889	9	was	be	AUX
cblr-2902	889	10	solvent	solvent	ADJ
cblr-2902	889	11	until	until	ADP
cblr-2902	889	12	shortly	shortly	ADV
cblr-2902	889	13	before	before	ADP
cblr-2902	889	14	bankruptcy	bankruptcy	NOUN
cblr-2902	889	15	cds	cd	NOUN
cblr-2902	889	16	markets	market	NOUN
cblr-2902	889	17	'	'	PART
cblr-2902	889	18	view	view	NOUN
cblr-2902	889	19	of	of	ADP
cblr-2902	889	20	probability	probability	NOUN
cblr-2902	889	21	of	of	ADP
cblr-2902	889	22	lehman	lehman	PROPN
cblr-2902	889	23	default	default	NOUN
cblr-2902	889	24	within	within	ADP
cblr-2902	889	25	5	5	NUM
cblr-2902	889	26	years	year	NOUN
cblr-2902	889	27	percent	percent	NOUN
cblr-2902	889	28	,	,	PUNCT
cblr-2902	889	29	october	october	PROPN
cblr-2902	889	30	2005	2005	NUM
cblr-2902	889	31	-	-	SYM
cblr-2902	889	32	september	september	PROPN
cblr-2902	889	33	2008	2008	NUM
cblr-2902	890	1	*	*	SYM
cblr-2902	890	2	100	100	NUM
cblr-2902	890	3	%	%	NOUN
cblr-2902	890	4	90	90	NUM
cblr-2902	890	5	%	%	NOUN
cblr-2902	890	6	80	80	NUM
cblr-2902	890	7	%	%	NOUN
cblr-2902	890	8	70	70	NUM
cblr-2902	890	9	%	%	NOUN
cblr-2902	890	10	60	60	NUM
cblr-2902	890	11	%	%	NOUN
cblr-2902	890	12	50	50	NUM
cblr-2902	890	13	%	%	NOUN
cblr-2902	890	14	30	30	NUM
cblr-2902	890	15	%	%	NOUN
cblr-2902	891	1	2r%	2r%	PROPN
cblr-2902	891	2	10%a	10%a	NUM
cblr-2902	891	3	0	0	NUM
cblr-2902	891	4	%	%	NOUN
cblr-2902	891	5	assuming	assume	VERB
cblr-2902	891	6	40	40	NUM
cblr-2902	891	7	%	%	NOUN
cblr-2902	891	8	recovery	recovery	NOUN
cblr-2902	891	9	assuming	assume	VERB
cblr-2902	891	10	20	20	NUM
cblr-2902	891	11	%	%	NOUN
cblr-2902	891	12	recovery	recovery	NOUN
cblr-2902	891	13	*	*	PUNCT
cblr-2902	891	14	lehman	lehman	PROPN
cblr-2902	891	15	brothers	brother	NOUN
cblr-2902	891	16	filed	file	VERB
cblr-2902	891	17	bankruptcy	bankruptcy	NOUN
cblr-2902	891	18	in	in	ADP
cblr-2902	891	19	september	september	PROPN
cblr-2902	891	20	of	of	ADP
cblr-2902	891	21	2008	2008	NUM
cblr-2902	891	22	.	.	PUNCT
cblr-2902	892	1	source	source	NOUN
cblr-2902	892	2	:	:	PUNCT
cblr-2902	892	3	bloomberg	bloomberg	PROPN
cblr-2902	892	4	,	,	PUNCT
cblr-2902	892	5	cma	cma	PROPN
cblr-2902	892	6	,	,	PUNCT
cblr-2902	892	7	equations	equation	NOUN
cblr-2902	892	8	4	4	NUM
cblr-2902	892	9	through	through	ADP
cblr-2902	892	10	7	7	NUM
cblr-2902	892	11	.	.	PUNCT
cblr-2902	892	12	as	as	ADV
cblr-2902	892	13	long	long	ADV
cblr-2902	892	14	as	as	SCONJ
cblr-2902	892	15	market	market	NOUN
cblr-2902	892	16	participants	participant	NOUN
cblr-2902	892	17	were	be	AUX
cblr-2902	892	18	informed	inform	VERB
cblr-2902	892	19	,	,	PUNCT
cblr-2902	892	20	and	and	CCONJ
cblr-2902	892	21	the	the	DET
cblr-2902	892	22	market	market	NOUN
cblr-2902	892	23	was	be	AUX
cblr-2902	892	24	free	free	ADJ
cblr-2902	892	25	of	of	ADP
cblr-2902	892	26	manipulation	manipulation	NOUN
cblr-2902	892	27	,	,	PUNCT
cblr-2902	892	28	these	these	DET
cblr-2902	892	29	results	result	NOUN
cblr-2902	892	30	suggest	suggest	VERB
cblr-2902	892	31	answers	answer	NOUN
cblr-2902	892	32	to	to	ADP
cblr-2902	892	33	fraudulent	fraudulent	ADJ
cblr-2902	892	34	transfer	transfer	NOUN
cblr-2902	892	35	questions	question	NOUN
cblr-2902	892	36	.	.	PUNCT
cblr-2902	893	1	74	74	NUM
cblr-2902	893	2	any	any	DET
cblr-2902	893	3	transfer	transfer	NOUN
cblr-2902	893	4	made	make	VERB
cblr-2902	893	5	by	by	ADP
cblr-2902	893	6	general	general	ADJ
cblr-2902	893	7	motors	motor	NOUN
cblr-2902	893	8	for	for	ADP
cblr-2902	893	9	several	several	ADJ
cblr-2902	893	10	years	year	NOUN
cblr-2902	893	11	before	before	SCONJ
cblr-2902	893	12	it	it	PRON
cblr-2902	893	13	filed	file	VERB
cblr-2902	893	14	bankruptcy	bankruptcy	NOUN
cblr-2902	893	15	may	may	AUX
cblr-2902	893	16	qualify	qualify	VERB
cblr-2902	893	17	as	as	ADP
cblr-2902	893	18	a	a	DET
cblr-2902	893	19	constructively	constructively	ADV
cblr-2902	893	20	fraudulent	fraudulent	ADJ
cblr-2902	893	21	transfer	transfer	NOUN
cblr-2902	893	22	.	.	PUNCT
cblr-2902	894	1	any	any	DET
cblr-2902	894	2	transfer	transfer	NOUN
cblr-2902	894	3	made	make	VERB
cblr-2902	894	4	by	by	ADP
cblr-2902	894	5	lehman	lehman	PROPN
cblr-2902	894	6	brothers	brother	NOUN
cblr-2902	894	7	before	before	ADP
cblr-2902	894	8	july	july	PROPN
cblr-2902	894	9	2007	2007	NUM
cblr-2902	894	10	almost	almost	ADV
cblr-2902	894	11	certainly	certainly	ADV
cblr-2902	894	12	does	do	AUX
cblr-2902	894	13	not	not	PART
cblr-2902	894	14	qualify	qualify	VERB
cblr-2902	894	15	.	.	PUNCT
cblr-2902	895	1	lehman	lehman	NOUN
cblr-2902	895	2	transfers	transfer	NOUN
cblr-2902	895	3	in	in	ADP
cblr-2902	895	4	march	march	PROPN
cblr-2902	895	5	2008	2008	NUM
cblr-2902	895	6	or	or	CCONJ
cblr-2902	895	7	after	after	ADP
cblr-2902	895	8	july	july	PROPN
cblr-2902	895	9	2008	2008	NUM
cblr-2902	895	10	may	may	AUX
cblr-2902	895	11	qualify	qualify	VERB
cblr-2902	895	12	as	as	ADP
cblr-2902	895	13	fraudulent	fraudulent	ADJ
cblr-2902	895	14	transfers	transfer	NOUN
cblr-2902	895	15	.	.	PUNCT
cblr-2902	896	1	the	the	DET
cblr-2902	896	2	answers	answer	NOUN
cblr-2902	896	3	to	to	ADP
cblr-2902	896	4	these	these	DET
cblr-2902	896	5	questions	question	NOUN
cblr-2902	896	6	depend	depend	VERB
cblr-2902	896	7	on	on	ADP
cblr-2902	896	8	judicial	judicial	ADJ
cblr-2902	896	9	determinations	determination	NOUN
cblr-2902	896	10	of	of	ADP
cblr-2902	896	11	acceptable	acceptable	ADJ
cblr-2902	896	12	default	default	NOUN
cblr-2902	896	13	probabilities	probability	NOUN
cblr-2902	896	14	.	.	PUNCT
cblr-2902	897	1	14	14	NUM
cblr-2902	897	2	for	for	ADP
cblr-2902	897	3	purposes	purpose	NOUN
cblr-2902	897	4	of	of	ADP
cblr-2902	897	5	the	the	DET
cblr-2902	897	6	discussion	discussion	NOUN
cblr-2902	897	7	in	in	ADP
cblr-2902	897	8	this	this	DET
cblr-2902	897	9	paragraph	paragraph	NOUN
cblr-2902	897	10	,	,	PUNCT
cblr-2902	897	11	assume	assume	VERB
cblr-2902	897	12	that	that	SCONJ
cblr-2902	897	13	the	the	DET
cblr-2902	897	14	applicable	applicable	ADJ
cblr-2902	897	15	fraudulent	fraudulent	ADJ
cblr-2902	897	16	transfer	transfer	NOUN
cblr-2902	897	17	statute	statute	NOUN
cblr-2902	897	18	reaches	reach	VERB
cblr-2902	897	19	transfers	transfer	NOUN
cblr-2902	897	20	within	within	ADP
cblr-2902	897	21	five	five	NUM
cblr-2902	897	22	years	year	NOUN
cblr-2902	897	23	of	of	ADP
cblr-2902	897	24	bankruptcy	bankruptcy	NOUN
cblr-2902	897	25	,	,	PUNCT
cblr-2902	897	26	no	no	DET
cblr-2902	897	27	defenses	defense	NOUN
cblr-2902	897	28	are	be	AUX
cblr-2902	897	29	available	available	ADJ
cblr-2902	897	30	,	,	PUNCT
cblr-2902	897	31	and	and	CCONJ
cblr-2902	897	32	all	all	DET
cblr-2902	897	33	challenged	challenge	VERB
cblr-2902	897	34	transfers	transfer	NOUN
cblr-2902	897	35	were	be	AUX
cblr-2902	897	36	not	not	PART
cblr-2902	897	37	for	for	ADP
cblr-2902	897	38	reasonably	reasonably	ADV
cblr-2902	897	39	equivalent	equivalent	ADJ
cblr-2902	897	40	value	value	NOUN
cblr-2902	897	41	.	.	PUNCT
cblr-2902	898	1	173no	173no	ADJ
cblr-2902	898	2	.	.	PUNCT
cblr-2902	899	1	1	1	NUM
cblr-2902	899	2	:	:	SYM
cblr-2902	899	3	118	118	NUM
cblr-2902	899	4	]	]	PUNCT
cblr-2902	899	5	le	le	X
cblr-2902	899	6	vera	vera	NOUN
cblr-2902	899	7	ged	ge	VERB
cblr-2902	899	8	b	b	PROPN
cblr-2902	899	9	uyo	uyo	PROPN
cblr-2902	899	10	ut	ut	PROPN
cblr-2902	899	11	bankr	bankr	PROPN
cblr-2902	899	12	uptcies	uptcie	NOUN
cblr-2902	899	13	2	2	NUM
cblr-2902	899	14	.	.	PUNCT
cblr-2902	900	1	cds	cd	NOUN
cblr-2902	900	2	markets	market	NOUN
cblr-2902	900	3	may	may	AUX
cblr-2902	900	4	often	often	ADV
cblr-2902	900	5	provide	provide	VERB
cblr-2902	900	6	the	the	DET
cblr-2902	900	7	best	good	ADJ
cblr-2902	900	8	information	information	NOUN
cblr-2902	900	9	about	about	ADP
cblr-2902	900	10	default	default	NOUN
cblr-2902	900	11	risk	risk	NOUN
cblr-2902	900	12	a.	a.	NOUN
cblr-2902	900	13	cds	cd	NOUN
cblr-2902	900	14	markets	market	NOUN
cblr-2902	900	15	may	may	AUX
cblr-2902	900	16	be	be	AUX
cblr-2902	900	17	more	more	ADV
cblr-2902	900	18	efficient	efficient	ADJ
cblr-2902	900	19	because	because	SCONJ
cblr-2902	900	20	they	they	PRON
cblr-2902	900	21	are	be	AUX
cblr-2902	900	22	a	a	DET
cblr-2902	900	23	haven	haven	NOUN
cblr-2902	900	24	for	for	ADP
cblr-2902	900	25	insider	insider	NOUN
cblr-2902	900	26	trading	trading	NOUN
cblr-2902	900	27	the	the	DET
cblr-2902	900	28	smaller	small	ADJ
cblr-2902	900	29	the	the	DET
cblr-2902	900	30	information	information	NOUN
cblr-2902	900	31	gap	gap	NOUN
cblr-2902	900	32	between	between	ADP
cblr-2902	900	33	management	management	NOUN
cblr-2902	900	34	and	and	CCONJ
cblr-2902	900	35	market	market	NOUN
cblr-2902	900	36	participants	participant	NOUN
cblr-2902	900	37	at	at	ADP
cblr-2902	900	38	the	the	DET
cblr-2902	900	39	time	time	NOUN
cblr-2902	900	40	of	of	ADP
cblr-2902	900	41	the	the	DET
cblr-2902	900	42	allegedly	allegedly	ADV
cblr-2902	900	43	fraudulent	fraudulent	ADJ
cblr-2902	900	44	transfer	transfer	NOUN
cblr-2902	900	45	,	,	PUNCT
cblr-2902	900	46	the	the	DET
cblr-2902	900	47	more	more	ADV
cblr-2902	900	48	reliable	reliable	ADJ
cblr-2902	900	49	market	market	NOUN
cblr-2902	900	50	prices	price	NOUN
cblr-2902	900	51	are	be	AUX
cblr-2902	900	52	as	as	ADP
cblr-2902	900	53	a	a	DET
cblr-2902	900	54	gauge	gauge	NOUN
cblr-2902	900	55	of	of	ADP
cblr-2902	900	56	the	the	DET
cblr-2902	900	57	risk	risk	NOUN
cblr-2902	900	58	of	of	ADP
cblr-2902	900	59	default	default	NOUN
cblr-2902	900	60	.	.	PUNCT
cblr-2902	901	1	the	the	DET
cblr-2902	901	2	information	information	NOUN
cblr-2902	901	3	available	available	ADJ
cblr-2902	901	4	to	to	ADP
cblr-2902	901	5	market	market	NOUN
cblr-2902	901	6	participants	participant	NOUN
cblr-2902	901	7	at	at	ADP
cblr-2902	901	8	the	the	DET
cblr-2902	901	9	time	time	NOUN
cblr-2902	901	10	of	of	ADP
cblr-2902	901	11	an	an	DET
cblr-2902	901	12	allegedly	allegedly	ADV
cblr-2902	901	13	fraudulent	fraudulent	ADJ
cblr-2902	901	14	transaction	transaction	NOUN
cblr-2902	901	15	may	may	AUX
cblr-2902	901	16	not	not	PART
cblr-2902	901	17	include	include	VERB
cblr-2902	901	18	all	all	PRON
cblr-2902	901	19	of	of	ADP
cblr-2902	901	20	the	the	DET
cblr-2902	901	21	information	information	NOUN
cblr-2902	901	22	that	that	PRON
cblr-2902	901	23	courts	court	NOUN
cblr-2902	901	24	wish	wish	VERB
cblr-2902	901	25	to	to	PART
cblr-2902	901	26	consider	consider	VERB
cblr-2902	901	27	in	in	ADP
cblr-2902	901	28	evaluating	evaluate	VERB
cblr-2902	901	29	whether	whether	SCONJ
cblr-2902	901	30	the	the	DET
cblr-2902	901	31	company	company	NOUN
cblr-2902	901	32	was	be	AUX
cblr-2902	901	33	insolvent	insolvent	ADJ
cblr-2902	901	34	.	.	PUNCT
cblr-2902	902	1	for	for	ADP
cblr-2902	902	2	example	example	NOUN
cblr-2902	902	3	,	,	PUNCT
cblr-2902	902	4	management	management	NOUN
cblr-2902	902	5	and	and	CCONJ
cblr-2902	902	6	banks	bank	NOUN
cblr-2902	902	7	conducting	conduct	VERB
cblr-2902	902	8	due	due	ADJ
cblr-2902	902	9	diligence	diligence	NOUN
cblr-2902	902	10	may	may	AUX
cblr-2902	902	11	have	have	VERB
cblr-2902	902	12	non	non	ADJ
cblr-2902	902	13	-	-	ADJ
cblr-2902	902	14	public	public	ADJ
cblr-2902	902	15	information	information	NOUN
cblr-2902	902	16	.	.	PUNCT
cblr-2902	903	1	in	in	ADP
cblr-2902	903	2	such	such	ADJ
cblr-2902	903	3	situations	situation	NOUN
cblr-2902	903	4	,	,	PUNCT
cblr-2902	903	5	courts	court	NOUN
cblr-2902	903	6	have	have	AUX
cblr-2902	903	7	considered	consider	VERB
cblr-2902	903	8	market	market	NOUN
cblr-2902	903	9	prices	price	NOUN
cblr-2902	903	10	after	after	ADP
cblr-2902	903	11	the	the	DET
cblr-2902	903	12	public	public	ADJ
cblr-2902	903	13	disclosure	disclosure	NOUN
cblr-2902	903	14	of	of	ADP
cblr-2902	903	15	pertinent	pertinent	ADJ
cblr-2902	903	16	information	information	NOUN
cblr-2902	903	17	rather	rather	ADV
cblr-2902	903	18	than	than	ADP
cblr-2902	903	19	solely	solely	ADV
cblr-2902	903	20	at	at	ADP
cblr-2902	903	21	the	the	DET
cblr-2902	903	22	time	time	NOUN
cblr-2902	903	23	of	of	ADP
cblr-2902	903	24	the	the	DET
cblr-2902	903	25	alleged	allege	VERB
cblr-2902	903	26	fraudulent	fraudulent	ADJ
cblr-2902	903	27	transfer	transfer	NOUN
cblr-2902	903	28	.	.	PUNCT
cblr-2902	904	1	"	"	PUNCT
cblr-2902	904	2	'	'	PUNCT
cblr-2902	904	3	however	however	ADV
cblr-2902	904	4	,	,	PUNCT
cblr-2902	904	5	if	if	SCONJ
cblr-2902	904	6	insider	insider	NOUN
cblr-2902	904	7	trading	trading	NOUN
cblr-2902	904	8	or	or	CCONJ
cblr-2902	904	9	sophisticated	sophisticated	ADJ
cblr-2902	904	10	due	due	ADJ
cblr-2902	904	11	diligence	diligence	NOUN
cblr-2902	904	12	by	by	ADP
cblr-2902	904	13	investors	investor	NOUN
cblr-2902	904	14	are	be	AUX
cblr-2902	904	15	prevalent	prevalent	ADJ
cblr-2902	904	16	in	in	ADP
cblr-2902	904	17	a	a	DET
cblr-2902	904	18	particular	particular	ADJ
cblr-2902	904	19	market	market	NOUN
cblr-2902	904	20	,	,	PUNCT
cblr-2902	904	21	prices	price	NOUN
cblr-2902	904	22	at	at	ADP
cblr-2902	904	23	the	the	DET
cblr-2902	904	24	time	time	NOUN
cblr-2902	904	25	of	of	ADP
cblr-2902	904	26	the	the	DET
cblr-2902	904	27	fraudulent	fraudulent	ADJ
cblr-2902	904	28	transfer	transfer	NOUN
cblr-2902	904	29	may	may	AUX
cblr-2902	904	30	at	at	ADP
cblr-2902	904	31	least	least	ADJ
cblr-2902	904	32	in	in	ADP
cblr-2902	904	33	part	part	NOUN
cblr-2902	904	34	reflect	reflect	VERB
cblr-2902	904	35	information	information	NOUN
cblr-2902	904	36	that	that	PRON
cblr-2902	904	37	is	be	AUX
cblr-2902	904	38	not	not	PART
cblr-2902	904	39	generally	generally	ADV
cblr-2902	904	40	available	available	ADJ
cblr-2902	904	41	to	to	ADP
cblr-2902	904	42	the	the	DET
cblr-2902	904	43	public	public	NOUN
cblr-2902	904	44	.	.	PUNCT
cblr-2902	905	1	the	the	DET
cblr-2902	905	2	data	datum	NOUN
cblr-2902	905	3	suggests	suggest	VERB
cblr-2902	905	4	that	that	SCONJ
cblr-2902	905	5	cds	cd	NOUN
cblr-2902	905	6	markets	market	NOUN
cblr-2902	905	7	anticipate	anticipate	VERB
cblr-2902	905	8	negative	negative	ADJ
cblr-2902	905	9	credit	credit	NOUN
cblr-2902	905	10	rating	rating	NOUN
cblr-2902	905	11	agency	agency	NOUN
cblr-2902	905	12	actions	action	NOUN
cblr-2902	905	13	,	,	PUNCT
cblr-2902	905	14	including	include	VERB
cblr-2902	905	15	reviews	review	NOUN
cblr-2902	905	16	for	for	ADP
cblr-2902	905	17	downgrade	downgrade	NOUN
cblr-2902	905	18	,	,	PUNCT
cblr-2902	905	19	negative	negative	ADJ
cblr-2902	905	20	outlooks	outlook	NOUN
cblr-2902	905	21	,	,	PUNCT
cblr-2902	905	22	and	and	CCONJ
cblr-2902	905	23	downgrades.176	downgrades.176	NOUN
cblr-2902	905	24	although	although	SCONJ
cblr-2902	905	25	171	171	NUM
cblr-2902	905	26	see	see	VERB
cblr-2902	905	27	vfb	vfb	PROPN
cblr-2902	905	28	llc	llc	PROPN
cblr-2902	905	29	v.	v.	PROPN
cblr-2902	905	30	campbell	campbell	PROPN
cblr-2902	905	31	soup	soup	PROPN
cblr-2902	905	32	co.	co.	PROPN
cblr-2902	905	33	,	,	PUNCT
cblr-2902	905	34	482	482	NUM
cblr-2902	905	35	f.	f.	PROPN
cblr-2902	905	36	3d	3d	PROPN
cblr-2902	905	37	624	624	NUM
cblr-2902	905	38	,	,	PUNCT
cblr-2902	905	39	632	632	NUM
cblr-2902	905	40	(	(	PUNCT
cblr-2902	905	41	3d	3d	NUM
cblr-2902	905	42	cir	cir	NOUN
cblr-2902	905	43	.	.	PROPN
cblr-2902	905	44	2007	2007	NUM
cblr-2902	905	45	)	)	PUNCT
cblr-2902	905	46	.	.	PUNCT
cblr-2902	906	1	176	176	NUM
cblr-2902	906	2	john	john	PROPN
cblr-2902	906	3	hull	hull	PROPN
cblr-2902	906	4	,	,	PUNCT
cblr-2902	906	5	mirela	mirela	PROPN
cblr-2902	906	6	predescu	predescu	PROPN
cblr-2902	906	7	&	&	CCONJ
cblr-2902	906	8	alan	alan	PROPN
cblr-2902	906	9	white	white	PROPN
cblr-2902	906	10	,	,	PUNCT
cblr-2902	906	11	the	the	DET
cblr-2902	906	12	relationship	relationship	NOUN
cblr-2902	906	13	between	between	ADP
cblr-2902	906	14	credit	credit	NOUN
cblr-2902	906	15	default	default	NOUN
cblr-2902	906	16	swap	swap	NOUN
cblr-2902	906	17	spreads	spread	NOUN
cblr-2902	906	18	,	,	PUNCT
cblr-2902	906	19	bond	bond	NOUN
cblr-2902	906	20	yields	yield	NOUN
cblr-2902	906	21	,	,	PUNCT
cblr-2902	906	22	and	and	CCONJ
cblr-2902	906	23	credit	credit	NOUN
cblr-2902	906	24	rating	rating	NOUN
cblr-2902	906	25	announcements	announcement	NOUN
cblr-2902	906	26	,	,	PUNCT
cblr-2902	906	27	28	28	NUM
cblr-2902	906	28	j.	j.	PROPN
cblr-2902	906	29	banking	banking	PROPN
cblr-2902	906	30	fin	fin	PROPN
cblr-2902	906	31	.	.	PUNCT
cblr-2902	906	32	2789	2789	NUM
cblr-2902	906	33	,	,	PUNCT
cblr-2902	906	34	2801	2801	NUM
cblr-2902	906	35	-	-	SYM
cblr-2902	906	36	03	03	NUM
cblr-2902	906	37	(	(	PUNCT
cblr-2902	906	38	2004	2004	NUM
cblr-2902	906	39	)	)	PUNCT
cblr-2902	906	40	(	(	PUNCT
cblr-2902	906	41	reporting	report	VERB
cblr-2902	906	42	that	that	SCONJ
cblr-2902	906	43	cds	cd	NOUN
cblr-2902	906	44	markets	market	NOUN
cblr-2902	906	45	anticipate	anticipate	VERB
cblr-2902	906	46	rating	rating	NOUN
cblr-2902	906	47	agency	agency	NOUN
cblr-2902	906	48	reviews	review	NOUN
cblr-2902	906	49	for	for	ADP
cblr-2902	906	50	downgrade	downgrade	NOUN
cblr-2902	906	51	,	,	PUNCT
cblr-2902	906	52	downgrades	downgrade	NOUN
cblr-2902	906	53	,	,	PUNCT
cblr-2902	906	54	and	and	CCONJ
cblr-2902	906	55	negative	negative	ADJ
cblr-2902	906	56	outlooks	outlook	NOUN
cblr-2902	906	57	)	)	PUNCT
cblr-2902	906	58	;	;	PUNCT
cblr-2902	906	59	lars	lars	PROPN
cblr-2902	906	60	norden	norden	PROPN
cblr-2902	906	61	&	&	CCONJ
cblr-2902	906	62	martin	martin	PROPN
cblr-2902	906	63	weber	weber	PROPN
cblr-2902	906	64	,	,	PUNCT
cblr-2902	906	65	informational	informational	ADJ
cblr-2902	906	66	efficiency	efficiency	NOUN
cblr-2902	906	67	of	of	ADP
cblr-2902	906	68	credit	credit	NOUN
cblr-2902	906	69	default	default	NOUN
cblr-2902	906	70	swap	swap	NOUN
cblr-2902	906	71	and	and	CCONJ
cblr-2902	906	72	stock	stock	NOUN
cblr-2902	906	73	markets	market	NOUN
cblr-2902	906	74	:	:	PUNCT
cblr-2902	906	75	the	the	DET
cblr-2902	906	76	impact	impact	NOUN
cblr-2902	906	77	of	of	ADP
cblr-2902	906	78	credit	credit	NOUN
cblr-2902	906	79	rating	rating	NOUN
cblr-2902	906	80	announcements	announcement	NOUN
cblr-2902	906	81	,	,	PUNCT
cblr-2902	906	82	28	28	NUM
cblr-2902	906	83	j.	j.	PROPN
cblr-2902	906	84	banking	banking	PROPN
cblr-2902	906	85	&	&	CCONJ
cblr-2902	906	86	fin	fin	PROPN
cblr-2902	906	87	.	.	PUNCT
cblr-2902	906	88	2813	2813	NUM
cblr-2902	906	89	,	,	PUNCT
cblr-2902	906	90	2837	2837	NUM
cblr-2902	906	91	(	(	PUNCT
cblr-2902	906	92	2004	2004	NUM
cblr-2902	906	93	)	)	PUNCT
cblr-2902	906	94	(	(	PUNCT
cblr-2902	906	95	"	"	PUNCT
cblr-2902	906	96	[	[	X
cblr-2902	906	97	both	both	PRON
cblr-2902	906	98	[	[	PUNCT
cblr-2902	906	99	cds	cd	NOUN
cblr-2902	906	100	and	and	CCONJ
cblr-2902	906	101	stock	stock	NOUN
cblr-2902	906	102	]	]	PUNCT
cblr-2902	906	103	markets	market	NOUN
cblr-2902	906	104	anticipate	anticipate	VERB
cblr-2902	906	105	rating	rating	NOUN
cblr-2902	906	106	downgrades	downgrade	NOUN
cblr-2902	906	107	by	by	ADP
cblr-2902	906	108	col	col	PROPN
cblr-2902	906	109	umbia	umbia	PROPN
cblr-2902	906	110	b	b	PROPN
cblr-2902	907	1	usiness	usiness	PROPN
cblr-2902	907	2	la	la	PROPN
cblr-2902	907	3	w	w	PROPN
cblr-2902	907	4	re	re	PROPN
cblr-2902	907	5	vie	vie	PROPN
cblr-2902	907	6	w	w	PROPN
cblr-2902	908	1	[	[	X
cblr-2902	908	2	vol	vol	NOUN
cblr-2902	908	3	.	.	PUNCT
cblr-2902	908	4	2011174	2011174	NUM
cblr-2902	908	5	equities	equity	NOUN
cblr-2902	908	6	markets	market	NOUN
cblr-2902	908	7	and	and	CCONJ
cblr-2902	908	8	bond	bond	NOUN
cblr-2902	908	9	markets	market	NOUN
cblr-2902	908	10	also	also	ADV
cblr-2902	908	11	anticipate	anticipate	VERB
cblr-2902	908	12	negative	negative	ADJ
cblr-2902	908	13	credit	credit	NOUN
cblr-2902	908	14	rating	rating	NOUN
cblr-2902	908	15	agency	agency	NOUN
cblr-2902	908	16	actions	action	NOUN
cblr-2902	908	17	,	,	PUNCT
cblr-2902	908	18	cds	cd	NOUN
cblr-2902	908	19	markets	market	NOUN
cblr-2902	908	20	move	move	VERB
cblr-2902	908	21	sooner	soon	ADV
cblr-2902	908	22	than	than	ADP
cblr-2902	908	23	either	either	CCONJ
cblr-2902	908	24	bond	bond	NOUN
cblr-2902	908	25	or	or	CCONJ
cblr-2902	908	26	equities	equity	NOUN
cblr-2902	908	27	markets	market	NOUN
cblr-2902	908	28	.	.	PUNCT
cblr-2902	909	1	"	"	PUNCT
cblr-2902	909	2	'	'	PUNCT
cblr-2902	909	3	empirical	empirical	ADJ
cblr-2902	909	4	evidence	evidence	NOUN
cblr-2902	909	5	strongly	strongly	ADV
cblr-2902	909	6	suggests	suggest	VERB
cblr-2902	909	7	the	the	DET
cblr-2902	909	8	presence	presence	NOUN
cblr-2902	909	9	of	of	ADP
cblr-2902	909	10	insider	insider	NOUN
cblr-2902	909	11	trading	trading	NOUN
cblr-2902	909	12	in	in	ADP
cblr-2902	909	13	the	the	DET
cblr-2902	909	14	cds	cd	NOUN
cblr-2902	909	15	market	market	NOUN
cblr-2902	909	16	:	:	PUNCT
cblr-2902	909	17	the	the	DET
cblr-2902	909	18	cds	cd	NOUN
cblr-2902	909	19	market	market	NOUN
cblr-2902	909	20	anticipates	anticipate	VERB
cblr-2902	909	21	the	the	DET
cblr-2902	909	22	public	public	ADJ
cblr-2902	909	23	release	release	NOUN
cblr-2902	909	24	of	of	ADP
cblr-2902	909	25	negative	negative	ADJ
cblr-2902	909	26	news	news	NOUN
cblr-2902	909	27	.	.	PUNCT
cblr-2902	910	1	"	"	PUNCT
cblr-2902	910	2	'	'	PUNCT
cblr-2902	910	3	there	there	PRON
cblr-2902	910	4	are	be	VERB
cblr-2902	910	5	strong	strong	ADJ
cblr-2902	910	6	reasons	reason	NOUN
cblr-2902	910	7	to	to	PART
cblr-2902	910	8	believe	believe	VERB
cblr-2902	910	9	that	that	SCONJ
cblr-2902	910	10	prices	price	NOUN
cblr-2902	910	11	in	in	ADP
cblr-2902	910	12	the	the	DET
cblr-2902	910	13	cds	cd	NOUN
cblr-2902	910	14	market	market	NOUN
cblr-2902	910	15	reflect	reflect	VERB
cblr-2902	910	16	insider	insider	NOUN
cblr-2902	910	17	information	information	NOUN
cblr-2902	910	18	.	.	PUNCT
cblr-2902	911	1	the	the	DET
cblr-2902	911	2	cds	cds	PROPN
cblr-2902	911	3	market	market	NOUN
cblr-2902	911	4	was	be	AUX
cblr-2902	911	5	historically	historically	ADV
cblr-2902	911	6	lightly	lightly	ADV
cblr-2902	911	7	policed	police	VERB
cblr-2902	911	8	by	by	ADP
cblr-2902	911	9	regulators	regulator	NOUN
cblr-2902	911	10	,	,	PUNCT
cblr-2902	911	11	and	and	CCONJ
cblr-2902	911	12	was	be	AUX
cblr-2902	911	13	therefore	therefore	ADV
cblr-2902	911	14	an	an	DET
cblr-2902	911	15	attractive	attractive	ADJ
cblr-2902	911	16	venue	venue	NOUN
cblr-2902	911	17	for	for	ADP
cblr-2902	911	18	insider	insider	NOUN
cblr-2902	911	19	trading	trading	NOUN
cblr-2902	911	20	.	.	PUNCT
cblr-2902	912	1	179	179	NUM
cblr-2902	912	2	market	market	NOUN
cblr-2902	912	3	participants	participant	NOUN
cblr-2902	912	4	are	be	AUX
cblr-2902	912	5	overwhelmingly	overwhelmingly	ADV
cblr-2902	912	6	large	large	ADJ
cblr-2902	912	7	,	,	PUNCT
cblr-2902	912	8	sophisticated	sophisticated	ADJ
cblr-2902	912	9	financial	financial	ADJ
cblr-2902	912	10	institutions"o	institutions"o	NOUN
cblr-2902	912	11	such	such	ADJ
cblr-2902	912	12	as	as	ADP
cblr-2902	912	13	banks	bank	NOUN
cblr-2902	912	14	,	,	PUNCT
cblr-2902	912	15	securities	security	NOUN
cblr-2902	912	16	firms	firm	NOUN
cblr-2902	912	17	,	,	PUNCT
cblr-2902	912	18	all	all	DET
cblr-2902	912	19	three	three	NUM
cblr-2902	912	20	agencies	agency	NOUN
cblr-2902	912	21	.	.	PUNCT
cblr-2902	913	1	anticipation	anticipation	NOUN
cblr-2902	913	2	starts	start	VERB
cblr-2902	913	3	approximately	approximately	ADV
cblr-2902	913	4	90	90	NUM
cblr-2902	913	5	-	-	SYM
cblr-2902	913	6	60	60	NUM
cblr-2902	913	7	days	day	NOUN
cblr-2902	913	8	before	before	ADP
cblr-2902	913	9	the	the	DET
cblr-2902	913	10	announcement	announcement	NOUN
cblr-2902	913	11	day	day	NOUN
cblr-2902	913	12	.	.	PUNCT
cblr-2902	913	13	"	"	PUNCT
cblr-2902	913	14	)	)	PUNCT
cblr-2902	913	15	.	.	PUNCT
cblr-2902	914	1	17	17	NUM
cblr-2902	914	2	'	'	PART
cblr-2902	914	3	roberto	roberto	PROPN
cblr-2902	914	4	blanco	blanco	PROPN
cblr-2902	914	5	,	,	PUNCT
cblr-2902	914	6	simon	simon	PROPN
cblr-2902	914	7	brennan	brennan	PROPN
cblr-2902	914	8	&	&	CCONJ
cblr-2902	914	9	ian	ian	PROPN
cblr-2902	914	10	w.	w.	PROPN
cblr-2902	914	11	marsh	marsh	PROPN
cblr-2902	914	12	,	,	PUNCT
cblr-2902	914	13	an	an	DET
cblr-2902	914	14	empirical	empirical	ADJ
cblr-2902	914	15	analysis	analysis	NOUN
cblr-2902	914	16	of	of	ADP
cblr-2902	914	17	the	the	DET
cblr-2902	914	18	dynamic	dynamic	ADJ
cblr-2902	914	19	relationship	relationship	NOUN
cblr-2902	914	20	between	between	ADP
cblr-2902	914	21	investment	investment	NOUN
cblr-2902	914	22	grade	grade	NOUN
cblr-2902	914	23	bonds	bond	NOUN
cblr-2902	914	24	and	and	CCONJ
cblr-2902	914	25	credit	credit	NOUN
cblr-2902	914	26	default	default	NOUN
cblr-2902	914	27	swaps	swap	NOUN
cblr-2902	914	28	,	,	PUNCT
cblr-2902	914	29	60	60	NUM
cblr-2902	914	30	j.	j.	PROPN
cblr-2902	914	31	fin	fin	PROPN
cblr-2902	914	32	.	.	PUNCT
cblr-2902	914	33	2255	2255	NUM
cblr-2902	914	34	,	,	PUNCT
cblr-2902	914	35	2279	2279	NUM
cblr-2902	914	36	(	(	PUNCT
cblr-2902	914	37	2005	2005	NUM
cblr-2902	914	38	)	)	PUNCT
cblr-2902	914	39	(	(	PUNCT
cblr-2902	914	40	finding	find	VERB
cblr-2902	914	41	that	that	SCONJ
cblr-2902	914	42	the	the	DET
cblr-2902	914	43	cds	cds	PROPN
cblr-2902	914	44	market	market	NOUN
cblr-2902	914	45	leads	lead	VERB
cblr-2902	914	46	the	the	DET
cblr-2902	914	47	bond	bond	NOUN
cblr-2902	914	48	market	market	NOUN
cblr-2902	914	49	,	,	PUNCT
cblr-2902	914	50	indicating	indicate	VERB
cblr-2902	914	51	that	that	SCONJ
cblr-2902	914	52	more	more	ADJ
cblr-2902	914	53	price	price	NOUN
cblr-2902	914	54	discovery	discovery	NOUN
cblr-2902	914	55	occurs	occur	VERB
cblr-2902	914	56	in	in	ADP
cblr-2902	914	57	the	the	DET
cblr-2902	914	58	cds	cds	NOUN
cblr-2902	914	59	market	market	NOUN
cblr-2902	914	60	than	than	ADP
cblr-2902	914	61	the	the	DET
cblr-2902	914	62	bond	bond	NOUN
cblr-2902	914	63	market	market	NOUN
cblr-2902	914	64	)	)	PUNCT
cblr-2902	914	65	;	;	PUNCT
cblr-2902	914	66	norden	norden	PROPN
cblr-2902	914	67	&	&	CCONJ
cblr-2902	914	68	weber	weber	PROPN
cblr-2902	914	69	,	,	PUNCT
cblr-2902	914	70	supra	supra	PROPN
cblr-2902	914	71	note	note	PROPN
cblr-2902	914	72	176	176	NUM
cblr-2902	914	73	,	,	PUNCT
cblr-2902	914	74	at	at	ADP
cblr-2902	914	75	2838	2838	NUM
cblr-2902	914	76	(	(	PUNCT
cblr-2902	914	77	"	"	PUNCT
cblr-2902	914	78	[	[	X
cblr-2902	914	79	t]he	t]he	ADJ
cblr-2902	914	80	cds	cds	NOUN
cblr-2902	914	81	market	market	NOUN
cblr-2902	914	82	tends	tend	VERB
cblr-2902	914	83	to	to	PART
cblr-2902	914	84	react	react	VERB
cblr-2902	914	85	earlier	early	ADV
cblr-2902	914	86	than	than	ADP
cblr-2902	914	87	the	the	DET
cblr-2902	914	88	stock	stock	NOUN
cblr-2902	914	89	market	market	NOUN
cblr-2902	914	90	[	[	X
cblr-2902	914	91	to	to	AUX
cblr-2902	914	92	reviews	review	NOUN
cblr-2902	914	93	for	for	ADP
cblr-2902	914	94	downgrade	downgrade	NOUN
cblr-2902	914	95	]	]	PUNCT
cblr-2902	914	96	.	.	PUNCT
cblr-2902	914	97	"	"	PUNCT
cblr-2902	914	98	)	)	PUNCT
cblr-2902	914	99	.	.	PUNCT
cblr-2902	915	1	"	"	PUNCT
cblr-2902	915	2	'	'	PUNCT
cblr-2902	915	3	see	see	VERB
cblr-2902	915	4	viral	viral	ADJ
cblr-2902	915	5	v.	v.	ADP
cblr-2902	915	6	acharya	acharya	PROPN
cblr-2902	915	7	&	&	CCONJ
cblr-2902	915	8	timothy	timothy	PROPN
cblr-2902	915	9	c.	c.	PROPN
cblr-2902	915	10	johnson	johnson	PROPN
cblr-2902	915	11	,	,	PUNCT
cblr-2902	915	12	insider	insider	NOUN
cblr-2902	915	13	trading	trading	NOUN
cblr-2902	915	14	in	in	ADP
cblr-2902	915	15	credit	credit	NOUN
cblr-2902	915	16	derivatives	derivative	NOUN
cblr-2902	915	17	,	,	PUNCT
cblr-2902	915	18	84	84	NUM
cblr-2902	915	19	j.	j.	PROPN
cblr-2902	915	20	fin	fin	PROPN
cblr-2902	915	21	.	.	PUNCT
cblr-2902	915	22	econ	econ	PROPN
cblr-2902	915	23	.	.	PUNCT
cblr-2902	916	1	110	110	NUM
cblr-2902	916	2	(	(	PUNCT
cblr-2902	916	3	2007	2007	NUM
cblr-2902	916	4	)	)	PUNCT
cblr-2902	916	5	;	;	PUNCT
cblr-2902	916	6	see	see	VERB
cblr-2902	916	7	also	also	ADV
cblr-2902	916	8	lewis	lewis	PROPN
cblr-2902	916	9	,	,	PUNCT
cblr-2902	916	10	supra	supra	PROPN
cblr-2902	916	11	note	note	PROPN
cblr-2902	916	12	172	172	NUM
cblr-2902	916	13	,	,	PUNCT
cblr-2902	916	14	at	at	ADP
cblr-2902	916	15	197	197	NUM
cblr-2902	916	16	.	.	PUNCT
cblr-2902	916	17	179	179	NUM
cblr-2902	917	1	the	the	DET
cblr-2902	917	2	sec	sec	PROPN
cblr-2902	917	3	has	have	AUX
cblr-2902	917	4	acknowledged	acknowledge	VERB
cblr-2902	917	5	serious	serious	ADJ
cblr-2902	917	6	gaps	gap	NOUN
cblr-2902	917	7	in	in	ADP
cblr-2902	917	8	its	its	PRON
cblr-2902	917	9	ability	ability	NOUN
cblr-2902	917	10	to	to	PART
cblr-2902	917	11	enforce	enforce	VERB
cblr-2902	917	12	insider	insider	NOUN
cblr-2902	917	13	trading	trading	NOUN
cblr-2902	917	14	and	and	CCONJ
cblr-2902	917	15	anti	anti	ADJ
cblr-2902	917	16	-	-	ADJ
cblr-2902	917	17	manipulation	manipulation	NOUN
cblr-2902	917	18	regulations	regulation	NOUN
cblr-2902	917	19	in	in	ADP
cblr-2902	917	20	derivatives	derivative	NOUN
cblr-2902	917	21	markets	market	NOUN
cblr-2902	917	22	.	.	PUNCT
cblr-2902	918	1	see	see	VERB
cblr-2902	918	2	over	over	ADP
cblr-2902	918	3	-	-	PUNCT
cblr-2902	918	4	the	the	DET
cblr-2902	918	5	-	-	PUNCT
cblr-2902	918	6	counter	counter	NOUN
cblr-2902	918	7	derivatives	derivative	NOUN
cblr-2902	918	8	markets	market	NOUN
cblr-2902	918	9	act	act	VERB
cblr-2902	918	10	of	of	ADP
cblr-2902	918	11	2009	2009	NUM
cblr-2902	918	12	:	:	PUNCT
cblr-2902	918	13	hearing	hear	VERB
cblr-2902	918	14	before	before	ADP
cblr-2902	918	15	the	the	DET
cblr-2902	918	16	h.	h.	PROPN
cblr-2902	918	17	comm	comm	NOUN
cblr-2902	918	18	.	.	PUNCT
cblr-2902	919	1	on	on	ADP
cblr-2902	919	2	fin	fin	NOUN
cblr-2902	919	3	.	.	PUNCT
cblr-2902	920	1	servs	servs	PROPN
cblr-2902	920	2	.	.	PROPN
cblr-2902	920	3	,	,	PUNCT
cblr-2902	920	4	111th	111th	ADJ
cblr-2902	920	5	cong	cong	NOUN
cblr-2902	920	6	.	.	PUNCT
cblr-2902	921	1	(	(	PUNCT
cblr-2902	921	2	oct	oct	PROPN
cblr-2902	921	3	.	.	PROPN
cblr-2902	921	4	7	7	NUM
cblr-2902	921	5	,	,	PUNCT
cblr-2902	921	6	2009	2009	NUM
cblr-2902	921	7	)	)	PUNCT
cblr-2902	921	8	(	(	PUNCT
cblr-2902	921	9	statement	statement	NOUN
cblr-2902	921	10	of	of	ADP
cblr-2902	921	11	henry	henry	PROPN
cblr-2902	921	12	t.	t.	PROPN
cblr-2902	921	13	c.	c.	PROPN
cblr-2902	921	14	hu	hu	PROPN
cblr-2902	921	15	,	,	PUNCT
cblr-2902	921	16	director	director	NOUN
cblr-2902	921	17	of	of	ADP
cblr-2902	921	18	the	the	DET
cblr-2902	921	19	sec	sec	PROPN
cblr-2902	921	20	division	division	NOUN
cblr-2902	921	21	of	of	ADP
cblr-2902	921	22	risk	risk	NOUN
cblr-2902	921	23	,	,	PUNCT
cblr-2902	921	24	strategy	strategy	NOUN
cblr-2902	921	25	,	,	PUNCT
cblr-2902	921	26	and	and	CCONJ
cblr-2902	921	27	financial	financial	ADJ
cblr-2902	921	28	innovation	innovation	NOUN
cblr-2902	921	29	)	)	PUNCT
cblr-2902	921	30	,	,	PUNCT
cblr-2902	921	31	available	available	ADJ
cblr-2902	921	32	at	at	ADP
cblr-2902	921	33	http://www.sec.gov/news/testimony/2009/ts1007	http://www.sec.gov/news/testimony/2009/ts1007	PROPN
cblr-2902	921	34	09hh.htm	09hh.htm	NOUN
cblr-2902	921	35	.	.	PUNCT
cblr-2902	922	1	the	the	DET
cblr-2902	922	2	sec	sec	PROPN
cblr-2902	922	3	brought	bring	VERB
cblr-2902	922	4	its	its	PRON
cblr-2902	922	5	first	first	ADJ
cblr-2902	922	6	insider	insider	NOUN
cblr-2902	922	7	trading	trading	NOUN
cblr-2902	922	8	case	case	NOUN
cblr-2902	922	9	involving	involve	VERB
cblr-2902	922	10	credit	credit	NOUN
cblr-2902	922	11	default	default	NOUN
cblr-2902	922	12	swaps	swap	NOUN
cblr-2902	922	13	only	only	ADV
cblr-2902	922	14	recently	recently	ADV
cblr-2902	922	15	.	.	PUNCT
cblr-2902	923	1	see	see	VERB
cblr-2902	923	2	press	press	NOUN
cblr-2902	923	3	release	release	NOUN
cblr-2902	923	4	,	,	PUNCT
cblr-2902	923	5	sec	sec	PROPN
cblr-2902	923	6	.	.	PROPN
cblr-2902	923	7	exch	exch	PROPN
cblr-2902	923	8	.	.	PUNCT
cblr-2902	924	1	comm'n	comm'n	PROPN
cblr-2902	924	2	,	,	PUNCT
cblr-2902	924	3	sec	sec	PROPN
cblr-2902	924	4	charges	charge	NOUN
cblr-2902	924	5	hedge	hedge	NOUN
cblr-2902	924	6	fund	fund	NOUN
cblr-2902	924	7	manager	manager	NOUN
cblr-2902	924	8	and	and	CCONJ
cblr-2902	924	9	bond	bond	NOUN
cblr-2902	924	10	salesman	salesman	NOUN
cblr-2902	924	11	in	in	ADP
cblr-2902	924	12	first	first	ADJ
cblr-2902	924	13	insider	insider	NOUN
cblr-2902	924	14	trading	trading	NOUN
cblr-2902	924	15	case	case	NOUN
cblr-2902	924	16	involving	involve	VERB
cblr-2902	924	17	credit	credit	NOUN
cblr-2902	924	18	default	default	NOUN
cblr-2902	924	19	swaps	swap	NOUN
cblr-2902	924	20	(	(	PUNCT
cblr-2902	924	21	may	may	PROPN
cblr-2902	924	22	5	5	NUM
cblr-2902	924	23	,	,	PUNCT
cblr-2902	924	24	2009	2009	NUM
cblr-2902	924	25	)	)	PUNCT
cblr-2902	924	26	,	,	PUNCT
cblr-2902	924	27	available	available	ADJ
cblr-2902	924	28	at	at	ADP
cblr-2902	924	29	http://www.sec.gov/news/press/2009/2009-102.htm	http://www.sec.gov/news/press/2009/2009-102.htm	PROPN
cblr-2902	924	30	;	;	PUNCT
cblr-2902	924	31	press	press	NOUN
cblr-2902	924	32	release	release	NOUN
cblr-2902	924	33	,	,	PUNCT
cblr-2902	924	34	sec	sec	PROPN
cblr-2902	924	35	.	.	PROPN
cblr-2902	924	36	exch	exch	PROPN
cblr-2902	924	37	.	.	PUNCT
cblr-2902	925	1	comm'n	comm'n	PROPN
cblr-2902	925	2	,	,	PUNCT
cblr-2902	925	3	sec	sec	PROPN
cblr-2902	925	4	v.	v.	PROPN
cblr-2902	925	5	jon	jon	PROPN
cblr-2902	925	6	-	-	PUNCT
cblr-2902	925	7	paul	paul	PROPN
cblr-2902	925	8	rorech	rorech	NOUN
cblr-2902	925	9	,	,	PUNCT
cblr-2902	925	10	et	et	NOUN
cblr-2902	925	11	.	.	PUNCT
cblr-2902	926	1	al	al	PROPN
cblr-2902	926	2	.	.	PROPN
cblr-2902	926	3	,	,	PUNCT
cblr-2902	926	4	lit	light	VERB
cblr-2902	926	5	.	.	PUNCT
cblr-2902	927	1	release	release	NOUN
cblr-2902	927	2	.	.	PUNCT
cblr-2902	928	1	no	no	INTJ
cblr-2902	928	2	.	.	NOUN
cblr-2902	929	1	21023	21023	NUM
cblr-2902	929	2	(	(	PUNCT
cblr-2902	929	3	may	may	PROPN
cblr-2902	929	4	5	5	NUM
cblr-2902	929	5	,	,	PUNCT
cblr-2902	929	6	2009	2009	NUM
cblr-2902	929	7	)	)	PUNCT
cblr-2902	929	8	,	,	PUNCT
cblr-2902	929	9	available	available	ADJ
cblr-2902	929	10	at	at	ADP
cblr-2902	929	11	www.sec.gov/litigation/litreleases/2009/	www.sec.gov/litigation/litreleases/2009/	PROPN
cblr-2902	929	12	ir21023.htm	ir21023.htm	NOUN
cblr-2902	929	13	.	.	PROPN
cblr-2902	930	1	180	180	NUM
cblr-2902	930	2	there	there	PRON
cblr-2902	930	3	is	be	VERB
cblr-2902	930	4	a	a	DET
cblr-2902	930	5	substantial	substantial	ADJ
cblr-2902	930	6	and	and	CCONJ
cblr-2902	930	7	growing	grow	VERB
cblr-2902	930	8	body	body	NOUN
cblr-2902	930	9	of	of	ADP
cblr-2902	930	10	empirical	empirical	ADJ
cblr-2902	930	11	research	research	NOUN
cblr-2902	930	12	supporting	support	VERB
cblr-2902	930	13	the	the	DET
cblr-2902	930	14	notion	notion	NOUN
cblr-2902	930	15	that	that	SCONJ
cblr-2902	930	16	institutions	institution	NOUN
cblr-2902	930	17	are	be	AUX
cblr-2902	930	18	well	well	ADV
cblr-2902	930	19	-	-	PUNCT
cblr-2902	930	20	informed	inform	VERB
cblr-2902	930	21	investors	investor	NOUN
cblr-2902	930	22	who	who	PRON
cblr-2902	930	23	convey	convey	VERB
cblr-2902	930	24	private	private	ADJ
cblr-2902	930	25	information	information	NOUN
cblr-2902	930	26	to	to	ADP
cblr-2902	930	27	the	the	DET
cblr-2902	930	28	market	market	NOUN
cblr-2902	930	29	through	through	ADP
cblr-2902	930	30	their	their	PRON
cblr-2902	930	31	trading	trading	NOUN
cblr-2902	930	32	activities	activity	NOUN
cblr-2902	930	33	,	,	PUNCT
cblr-2902	930	34	particularly	particularly	ADV
cblr-2902	930	35	in	in	ADP
cblr-2902	930	36	the	the	DET
cblr-2902	930	37	equities	equity	NOUN
cblr-2902	930	38	markets	market	NOUN
cblr-2902	930	39	.	.	PUNCT
cblr-2902	931	1	see	see	VERB
cblr-2902	931	2	ashiq	ashiq	PROPN
cblr-2902	931	3	ali	ali	PROPN
cblr-2902	931	4	et	et	PROPN
cblr-2902	931	5	al	al	PROPN
cblr-2902	931	6	.	.	PROPN
cblr-2902	931	7	,	,	PUNCT
cblr-2902	931	8	changes	change	NOUN
cblr-2902	931	9	in	in	ADP
cblr-2902	931	10	175no	175no	NOUN
cblr-2902	931	11	.	.	PUNCT
cblr-2902	932	1	1	1	NUM
cblr-2902	932	2	:	:	SYM
cblr-2902	932	3	118	118	NUM
cblr-2902	932	4	]	]	PUNCT
cblr-2902	932	5	le	le	X
cblr-2902	932	6	vera	vera	NOUN
cblr-2902	932	7	ged	ge	VERB
cblr-2902	932	8	b	b	PROPN
cblr-2902	932	9	uyo	uyo	PROPN
cblr-2902	932	10	ut	ut	PROPN
cblr-2902	932	11	bankr	bankr	PROPN
cblr-2902	932	12	uptcies	uptcies	PROPN
cblr-2902	932	13	hedge	hedge	NOUN
cblr-2902	932	14	funds	fund	NOUN
cblr-2902	932	15	,	,	PUNCT
cblr-2902	932	16	and	and	CCONJ
cblr-2902	932	17	insurance	insurance	NOUN
cblr-2902	932	18	companies	company	NOUN
cblr-2902	932	19	.	.	PUNCT
cblr-2902	933	1	"'1	"'1	PUNCT
cblr-2902	933	2	many	many	ADJ
cblr-2902	933	3	of	of	ADP
cblr-2902	933	4	these	these	DET
cblr-2902	933	5	institutions	institution	NOUN
cblr-2902	933	6	may	may	AUX
cblr-2902	933	7	also	also	ADV
cblr-2902	933	8	be	be	AUX
cblr-2902	933	9	secured	secure	VERB
cblr-2902	933	10	creditors	creditor	NOUN
cblr-2902	933	11	or	or	CCONJ
cblr-2902	933	12	financiers	financier	NOUN
cblr-2902	933	13	of	of	ADP
cblr-2902	933	14	inventory	inventory	NOUN
cblr-2902	933	15	or	or	CCONJ
cblr-2902	933	16	receivables	receivables	NOUN
cblr-2902	933	17	,	,	PUNCT
cblr-2902	933	18	and	and	CCONJ
cblr-2902	933	19	therefore	therefore	ADV
cblr-2902	933	20	have	have	VERB
cblr-2902	933	21	access	access	NOUN
cblr-2902	933	22	to	to	ADP
cblr-2902	933	23	critical	critical	ADJ
cblr-2902	933	24	information	information	NOUN
cblr-2902	933	25	about	about	ADP
cblr-2902	933	26	the	the	DET
cblr-2902	933	27	debtor	debtor	NOUN
cblr-2902	933	28	that	that	PRON
cblr-2902	933	29	is	be	AUX
cblr-2902	933	30	not	not	PART
cblr-2902	933	31	widely	widely	ADV
cblr-2902	933	32	known.18	known.18	VERB
cblr-2902	933	33	2	2	NUM
cblr-2902	933	34	institutional	institutional	ADJ
cblr-2902	933	35	ownership	ownership	NOUN
cblr-2902	933	36	and	and	CCONJ
cblr-2902	933	37	subsequent	subsequent	ADJ
cblr-2902	933	38	earnings	earning	NOUN
cblr-2902	933	39	announcement	announcement	NOUN
cblr-2902	933	40	abnormal	abnormal	ADJ
cblr-2902	933	41	returns	return	NOUN
cblr-2902	933	42	,	,	PUNCT
cblr-2902	933	43	19	19	NUM
cblr-2902	933	44	j.	j.	PROPN
cblr-2902	933	45	acct	acct	PROPN
cblr-2902	933	46	.	.	PUNCT
cblr-2902	934	1	auditing	auditing	NOUN
cblr-2902	934	2	&	&	CCONJ
cblr-2902	934	3	fin	fin	PROPN
cblr-2902	934	4	.	.	PUNCT
cblr-2902	935	1	221	221	NUM
cblr-2902	935	2	,	,	PUNCT
cblr-2902	935	3	222	222	NUM
cblr-2902	935	4	(	(	PUNCT
cblr-2902	935	5	2004	2004	NUM
cblr-2902	935	6	)	)	PUNCT
cblr-2902	936	1	(	(	PUNCT
cblr-2902	936	2	finding	find	VERB
cblr-2902	936	3	that	that	SCONJ
cblr-2902	936	4	changes	change	NOUN
cblr-2902	936	5	in	in	ADP
cblr-2902	936	6	institutional	institutional	ADJ
cblr-2902	936	7	ownership	ownership	NOUN
cblr-2902	936	8	in	in	ADP
cblr-2902	936	9	one	one	NUM
cblr-2902	936	10	quarter	quarter	NOUN
cblr-2902	936	11	are	be	AUX
cblr-2902	936	12	positively	positively	ADV
cblr-2902	936	13	related	relate	VERB
cblr-2902	936	14	to	to	ADP
cblr-2902	936	15	the	the	DET
cblr-2902	936	16	abnormal	abnormal	ADJ
cblr-2902	936	17	returns	return	NOUN
cblr-2902	936	18	recorded	record	VERB
cblr-2902	936	19	when	when	SCONJ
cblr-2902	936	20	quarterly	quarterly	ADJ
cblr-2902	936	21	earnings	earning	NOUN
cblr-2902	936	22	are	be	AUX
cblr-2902	936	23	announced	announce	VERB
cblr-2902	936	24	in	in	ADP
cblr-2902	936	25	the	the	DET
cblr-2902	936	26	following	follow	VERB
cblr-2902	936	27	periods	period	NOUN
cblr-2902	936	28	and	and	CCONJ
cblr-2902	936	29	supporting	support	VERB
cblr-2902	936	30	the	the	DET
cblr-2902	936	31	notion	notion	NOUN
cblr-2902	936	32	that	that	SCONJ
cblr-2902	936	33	institutions	institution	NOUN
cblr-2902	936	34	have	have	AUX
cblr-2902	936	35	private	private	ADJ
cblr-2902	936	36	information	information	NOUN
cblr-2902	936	37	on	on	ADP
cblr-2902	936	38	future	future	ADJ
cblr-2902	936	39	earnings	earning	NOUN
cblr-2902	936	40	surprises	surprise	NOUN
cblr-2902	936	41	and	and	CCONJ
cblr-2902	936	42	that	that	SCONJ
cblr-2902	936	43	they	they	PRON
cblr-2902	936	44	trade	trade	VERB
cblr-2902	936	45	on	on	ADP
cblr-2902	936	46	this	this	DET
cblr-2902	936	47	information	information	NOUN
cblr-2902	936	48	)	)	PUNCT
cblr-2902	936	49	;	;	PUNCT
cblr-2902	936	50	ekkehart	ekkehart	VERB
cblr-2902	936	51	boehmer	boehmer	PROPN
cblr-2902	936	52	&	&	CCONJ
cblr-2902	936	53	eric	eric	PROPN
cblr-2902	936	54	k.	k.	PROPN
cblr-2902	936	55	kelley	kelley	PROPN
cblr-2902	936	56	,	,	PUNCT
cblr-2902	936	57	institutional	institutional	ADJ
cblr-2902	936	58	investors	investor	NOUN
cblr-2902	936	59	and	and	CCONJ
cblr-2902	936	60	the	the	DET
cblr-2902	936	61	informational	informational	ADJ
cblr-2902	936	62	efficiency	efficiency	NOUN
cblr-2902	936	63	of	of	ADP
cblr-2902	936	64	prices	price	NOUN
cblr-2902	936	65	,	,	PUNCT
cblr-2902	936	66	22	22	NUM
cblr-2902	936	67	rev	rev	X
cblr-2902	936	68	.	.	PROPN
cblr-2902	936	69	fin	fin	NOUN
cblr-2902	936	70	.	.	PUNCT
cblr-2902	936	71	stud	stud	PROPN
cblr-2902	936	72	.	.	PUNCT
cblr-2902	937	1	3563	3563	NUM
cblr-2902	937	2	,	,	PUNCT
cblr-2902	937	3	3565	3565	NUM
cblr-2902	937	4	(	(	PUNCT
cblr-2902	937	5	2009	2009	NUM
cblr-2902	937	6	)	)	PUNCT
cblr-2902	938	1	(	(	PUNCT
cblr-2902	938	2	analyzing	analyze	VERB
cblr-2902	938	3	the	the	DET
cblr-2902	938	4	relation	relation	NOUN
cblr-2902	938	5	between	between	ADP
cblr-2902	938	6	informational	informational	ADJ
cblr-2902	938	7	efficiency	efficiency	NOUN
cblr-2902	938	8	and	and	CCONJ
cblr-2902	938	9	institutional	institutional	ADJ
cblr-2902	938	10	ownership	ownership	NOUN
cblr-2902	938	11	,	,	PUNCT
cblr-2902	938	12	and	and	CCONJ
cblr-2902	938	13	documenting	document	VERB
cblr-2902	938	14	that	that	SCONJ
cblr-2902	938	15	prices	price	NOUN
cblr-2902	938	16	of	of	ADP
cblr-2902	938	17	stocks	stock	NOUN
cblr-2902	938	18	with	with	ADP
cblr-2902	938	19	greater	great	ADJ
cblr-2902	938	20	institutional	institutional	ADJ
cblr-2902	938	21	ownership	ownership	NOUN
cblr-2902	938	22	more	more	ADV
cblr-2902	938	23	closely	closely	ADV
cblr-2902	938	24	follow	follow	VERB
cblr-2902	938	25	a	a	DET
cblr-2902	938	26	random	random	ADJ
cblr-2902	938	27	walk	walk	NOUN
cblr-2902	938	28	process	process	NOUN
cblr-2902	938	29	)	)	PUNCT
cblr-2902	938	30	;	;	PUNCT
cblr-2902	938	31	hsiu	hsiu	PROPN
cblr-2902	938	32	-	-	PUNCT
cblr-2902	938	33	lang	lang	PROPN
cblr-2902	938	34	chen	chen	PROPN
cblr-2902	938	35	,	,	PUNCT
cblr-2902	938	36	narasimhan	narasimhan	PROPN
cblr-2902	938	37	jegadeesh	jegadeesh	PROPN
cblr-2902	938	38	&	&	CCONJ
cblr-2902	938	39	russ	russ	PROPN
cblr-2902	938	40	wermers	wermer	NOUN
cblr-2902	938	41	,	,	PUNCT
cblr-2902	938	42	the	the	DET
cblr-2902	938	43	value	value	NOUN
cblr-2902	938	44	of	of	ADP
cblr-2902	938	45	active	active	ADJ
cblr-2902	938	46	mutual	mutual	ADJ
cblr-2902	938	47	fund	fund	NOUN
cblr-2902	938	48	management	management	NOUN
cblr-2902	938	49	:	:	PUNCT
cblr-2902	938	50	an	an	DET
cblr-2902	938	51	examination	examination	NOUN
cblr-2902	938	52	of	of	ADP
cblr-2902	938	53	the	the	DET
cblr-2902	938	54	stockholdings	stockholding	NOUN
cblr-2902	938	55	and	and	CCONJ
cblr-2902	938	56	trades	trade	NOUN
cblr-2902	938	57	of	of	ADP
cblr-2902	938	58	fund	fund	NOUN
cblr-2902	938	59	managers	manager	NOUN
cblr-2902	938	60	,	,	PUNCT
cblr-2902	938	61	35	35	NUM
cblr-2902	938	62	j.	j.	PROPN
cblr-2902	938	63	fin	fin	PROPN
cblr-2902	938	64	.	.	PUNCT
cblr-2902	939	1	&	&	CCONJ
cblr-2902	939	2	quantitative	quantitative	ADJ
cblr-2902	939	3	analysis	analysis	NOUN
cblr-2902	939	4	343	343	NUM
cblr-2902	939	5	,	,	PUNCT
cblr-2902	939	6	345	345	NUM
cblr-2902	939	7	(	(	PUNCT
cblr-2902	939	8	2000	2000	NUM
cblr-2902	939	9	)	)	PUNCT
cblr-2902	939	10	(	(	PUNCT
cblr-2902	939	11	showing	show	VERB
cblr-2902	939	12	that	that	SCONJ
cblr-2902	939	13	stocks	stock	NOUN
cblr-2902	939	14	that	that	PRON
cblr-2902	939	15	have	have	AUX
cblr-2902	939	16	been	be	AUX
cblr-2902	939	17	recently	recently	ADV
cblr-2902	939	18	bought	buy	VERB
cblr-2902	939	19	by	by	ADP
cblr-2902	939	20	mutual	mutual	ADJ
cblr-2902	939	21	funds	fund	NOUN
cblr-2902	939	22	outperform	outperform	VERB
cblr-2902	939	23	stocks	stock	NOUN
cblr-2902	939	24	that	that	PRON
cblr-2902	939	25	have	have	AUX
cblr-2902	939	26	been	be	AUX
cblr-2902	939	27	recently	recently	ADV
cblr-2902	939	28	sold	sell	VERB
cblr-2902	939	29	by	by	ADP
cblr-2902	939	30	mutual	mutual	ADJ
cblr-2902	939	31	funds	fund	NOUN
cblr-2902	939	32	)	)	PUNCT
cblr-2902	939	33	;	;	PUNCT
cblr-2902	939	34	joseph	joseph	PROPN
cblr-2902	939	35	d.	d.	PROPN
cblr-2902	939	36	piotroski	piotroski	PROPN
cblr-2902	939	37	&	&	CCONJ
cblr-2902	939	38	darren	darren	PROPN
cblr-2902	939	39	t.	t.	PROPN
cblr-2902	939	40	roulstone	roulstone	PROPN
cblr-2902	939	41	,	,	PUNCT
cblr-2902	939	42	the	the	DET
cblr-2902	939	43	influence	influence	NOUN
cblr-2902	939	44	of	of	ADP
cblr-2902	939	45	analysts	analyst	NOUN
cblr-2902	939	46	,	,	PUNCT
cblr-2902	939	47	institutional	institutional	ADJ
cblr-2902	939	48	investors	investor	NOUN
cblr-2902	939	49	,	,	PUNCT
cblr-2902	939	50	and	and	CCONJ
cblr-2902	939	51	insiders	insider	NOUN
cblr-2902	939	52	on	on	ADP
cblr-2902	939	53	the	the	DET
cblr-2902	939	54	incorporation	incorporation	NOUN
cblr-2902	939	55	of	of	ADP
cblr-2902	939	56	market	market	NOUN
cblr-2902	939	57	,	,	PUNCT
cblr-2902	939	58	industry	industry	NOUN
cblr-2902	939	59	,	,	PUNCT
cblr-2902	939	60	and	and	CCONJ
cblr-2902	939	61	firm	firm	ADJ
cblr-2902	939	62	-	-	PUNCT
cblr-2902	939	63	specific	specific	ADJ
cblr-2902	939	64	information	information	NOUN
cblr-2902	939	65	into	into	ADP
cblr-2902	939	66	stock	stock	NOUN
cblr-2902	939	67	prices	price	NOUN
cblr-2902	939	68	,	,	PUNCT
cblr-2902	939	69	79	79	NUM
cblr-2902	939	70	acct	acct	NOUN
cblr-2902	939	71	.	.	PUNCT
cblr-2902	940	1	rev	rev	PROPN
cblr-2902	940	2	.	.	PROPN
cblr-2902	940	3	1119	1119	NUM
cblr-2902	940	4	,	,	PUNCT
cblr-2902	940	5	1121	1121	NUM
cblr-2902	940	6	-	-	SYM
cblr-2902	940	7	22	22	NUM
cblr-2902	940	8	(	(	PUNCT
cblr-2902	940	9	2004	2004	NUM
cblr-2902	940	10	)	)	PUNCT
cblr-2902	941	1	(	(	PUNCT
cblr-2902	941	2	showing	show	VERB
cblr-2902	941	3	that	that	SCONJ
cblr-2902	941	4	trades	trade	NOUN
cblr-2902	941	5	by	by	ADP
cblr-2902	941	6	institutions	institution	NOUN
cblr-2902	941	7	facilitate	facilitate	VERB
cblr-2902	941	8	the	the	DET
cblr-2902	941	9	incorporation	incorporation	NOUN
cblr-2902	941	10	of	of	ADP
cblr-2902	941	11	the	the	DET
cblr-2902	941	12	firm	firm	ADJ
cblr-2902	941	13	-	-	PUNCT
cblr-2902	941	14	specific	specific	ADJ
cblr-2902	941	15	component	component	NOUN
cblr-2902	941	16	of	of	ADP
cblr-2902	941	17	future	future	ADJ
cblr-2902	941	18	earnings	earning	NOUN
cblr-2902	941	19	into	into	ADP
cblr-2902	941	20	the	the	DET
cblr-2902	941	21	market	market	NOUN
cblr-2902	941	22	and	and	CCONJ
cblr-2902	941	23	other	other	ADJ
cblr-2902	941	24	stock	stock	NOUN
cblr-2902	941	25	prices	price	NOUN
cblr-2902	941	26	generally	generally	ADV
cblr-2902	941	27	)	)	PUNCT
cblr-2902	941	28	;	;	PUNCT
cblr-2902	941	29	richard	richard	PROPN
cblr-2902	941	30	w.	w.	PROPN
cblr-2902	941	31	sias	sias	PROPN
cblr-2902	941	32	,	,	PUNCT
cblr-2902	941	33	laura	laura	NOUN
cblr-2902	941	34	t.	t.	PROPN
cblr-2902	941	35	starks	starks	PROPN
cblr-2902	941	36	&	&	CCONJ
cblr-2902	941	37	sheridan	sheridan	PROPN
cblr-2902	941	38	titman	titman	PROPN
cblr-2902	941	39	,	,	PUNCT
cblr-2902	941	40	changes	change	NOUN
cblr-2902	941	41	in	in	ADP
cblr-2902	941	42	institutional	institutional	ADJ
cblr-2902	941	43	ownership	ownership	NOUN
cblr-2902	941	44	and	and	CCONJ
cblr-2902	941	45	stock	stock	NOUN
cblr-2902	941	46	returns	return	NOUN
cblr-2902	941	47	:	:	PUNCT
cblr-2902	941	48	assessment	assessment	NOUN
cblr-2902	941	49	and	and	CCONJ
cblr-2902	941	50	methodology	methodology	NOUN
cblr-2902	941	51	,	,	PUNCT
cblr-2902	941	52	79	79	NUM
cblr-2902	941	53	j.	j.	PROPN
cblr-2902	941	54	bus	bus	PROPN
cblr-2902	941	55	.	.	PUNCT
cblr-2902	941	56	2869	2869	NUM
cblr-2902	941	57	,	,	PUNCT
cblr-2902	941	58	2870	2870	NUM
cblr-2902	941	59	(	(	PUNCT
cblr-2902	941	60	2006	2006	NUM
cblr-2902	941	61	)	)	PUNCT
cblr-2902	941	62	(	(	PUNCT
cblr-2902	941	63	documenting	document	VERB
cblr-2902	941	64	a	a	DET
cblr-2902	941	65	permanent	permanent	ADJ
cblr-2902	941	66	effect	effect	NOUN
cblr-2902	941	67	of	of	ADP
cblr-2902	941	68	institutional	institutional	ADJ
cblr-2902	941	69	trading	trading	NOUN
cblr-2902	941	70	on	on	ADP
cblr-2902	941	71	stock	stock	NOUN
cblr-2902	941	72	prices	price	NOUN
cblr-2902	941	73	owing	owe	VERB
cblr-2902	941	74	to	to	ADP
cblr-2902	941	75	the	the	DET
cblr-2902	941	76	information	information	NOUN
cblr-2902	941	77	conveyed	convey	VERB
cblr-2902	941	78	by	by	ADP
cblr-2902	941	79	institutional	institutional	ADJ
cblr-2902	941	80	trading	trading	NOUN
cblr-2902	941	81	)	)	PUNCT
cblr-2902	941	82	;	;	PUNCT
cblr-2902	941	83	xuemin	xuemin	PROPN
cblr-2902	941	84	yan	yan	PROPN
cblr-2902	941	85	&	&	CCONJ
cblr-2902	941	86	zhe	zhe	PROPN
cblr-2902	941	87	zhang	zhang	PROPN
cblr-2902	941	88	,	,	PUNCT
cblr-2902	941	89	institutional	institutional	ADJ
cblr-2902	941	90	investors	investor	NOUN
cblr-2902	941	91	and	and	CCONJ
cblr-2902	941	92	equity	equity	NOUN
cblr-2902	941	93	returns	return	NOUN
cblr-2902	941	94	:	:	PUNCT
cblr-2902	941	95	are	be	AUX
cblr-2902	941	96	short	short	ADJ
cblr-2902	941	97	-	-	PUNCT
cblr-2902	941	98	term	term	NOUN
cblr-2902	941	99	institutions	institution	NOUN
cblr-2902	941	100	better	well	ADV
cblr-2902	941	101	informed	inform	VERB
cblr-2902	941	102	?	?	PUNCT
cblr-2902	941	103	,	,	PUNCT
cblr-2902	941	104	22	22	NUM
cblr-2902	941	105	rev	rev	VERB
cblr-2902	941	106	.	.	PROPN
cblr-2902	941	107	fin	fin	NOUN
cblr-2902	941	108	.	.	PUNCT
cblr-2902	941	109	stud	stud	PROPN
cblr-2902	941	110	.	.	PUNCT
cblr-2902	942	1	893	893	NUM
cblr-2902	942	2	,	,	PUNCT
cblr-2902	942	3	895	895	NUM
cblr-2902	942	4	(	(	PUNCT
cblr-2902	942	5	2009	2009	NUM
cblr-2902	942	6	)	)	PUNCT
cblr-2902	942	7	(	(	PUNCT
cblr-2902	942	8	finding	find	VERB
cblr-2902	942	9	that	that	SCONJ
cblr-2902	942	10	trades	trade	NOUN
cblr-2902	942	11	by	by	ADP
cblr-2902	942	12	institutions	institution	NOUN
cblr-2902	942	13	with	with	ADP
cblr-2902	942	14	short	short	ADJ
cblr-2902	942	15	-	-	PUNCT
cblr-2902	942	16	term	term	NOUN
cblr-2902	942	17	investment	investment	NOUN
cblr-2902	942	18	horizons	horizon	NOUN
cblr-2902	942	19	predict	predict	VERB
cblr-2902	942	20	future	future	ADJ
cblr-2902	942	21	stock	stock	NOUN
cblr-2902	942	22	returns	return	NOUN
cblr-2902	942	23	and	and	CCONJ
cblr-2902	942	24	earnings	earning	NOUN
cblr-2902	942	25	)	)	PUNCT
cblr-2902	942	26	.	.	PUNCT
cblr-2902	943	1	181	181	NUM
cblr-2902	943	2	francis	francis	PROPN
cblr-2902	943	3	a.	a.	NOUN
cblr-2902	943	4	longstaff	longstaff	PROPN
cblr-2902	943	5	,	,	PUNCT
cblr-2902	943	6	sanjay	sanjay	PROPN
cblr-2902	943	7	mithal	mithal	PROPN
cblr-2902	943	8	&	&	CCONJ
cblr-2902	943	9	eric	eric	PROPN
cblr-2902	943	10	neis	neis	PROPN
cblr-2902	943	11	,	,	PUNCT
cblr-2902	943	12	corporate	corporate	ADJ
cblr-2902	943	13	yield	yield	NOUN
cblr-2902	943	14	spreads	spread	NOUN
cblr-2902	943	15	:	:	PUNCT
cblr-2902	943	16	default	default	NOUN
cblr-2902	943	17	risk	risk	NOUN
cblr-2902	943	18	or	or	CCONJ
cblr-2902	943	19	liquidity	liquidity	NOUN
cblr-2902	943	20	?	?	PUNCT
cblr-2902	944	1	new	new	ADJ
cblr-2902	944	2	evidence	evidence	NOUN
cblr-2902	944	3	from	from	ADP
cblr-2902	944	4	the	the	DET
cblr-2902	944	5	credit	credit	NOUN
cblr-2902	944	6	default	default	NOUN
cblr-2902	944	7	swap	swap	NOUN
cblr-2902	944	8	market	market	NOUN
cblr-2902	944	9	,	,	PUNCT
cblr-2902	944	10	60	60	NUM
cblr-2902	944	11	j.	j.	PROPN
cblr-2902	944	12	fin	fin	PROPN
cblr-2902	944	13	.	.	PUNCT
cblr-2902	944	14	2213	2213	NUM
cblr-2902	944	15	,	,	PUNCT
cblr-2902	944	16	2217	2217	NUM
cblr-2902	944	17	(	(	PUNCT
cblr-2902	944	18	2005	2005	NUM
cblr-2902	944	19	)	)	PUNCT
cblr-2902	944	20	.	.	PUNCT
cblr-2902	945	1	banks	bank	NOUN
cblr-2902	945	2	account	account	VERB
cblr-2902	945	3	for	for	ADP
cblr-2902	945	4	a	a	DET
cblr-2902	945	5	large	large	ADJ
cblr-2902	945	6	proportion	proportion	NOUN
cblr-2902	945	7	of	of	ADP
cblr-2902	945	8	net	net	ADJ
cblr-2902	945	9	protection	protection	NOUN
cblr-2902	945	10	buyers	buyer	NOUN
cblr-2902	945	11	while	while	SCONJ
cblr-2902	945	12	insurance	insurance	NOUN
cblr-2902	945	13	companies	company	NOUN
cblr-2902	945	14	account	account	VERB
cblr-2902	945	15	for	for	ADP
cblr-2902	945	16	a	a	DET
cblr-2902	945	17	large	large	ADJ
cblr-2902	945	18	proportion	proportion	NOUN
cblr-2902	945	19	of	of	ADP
cblr-2902	945	20	net	net	ADJ
cblr-2902	945	21	protection	protection	NOUN
cblr-2902	945	22	sellers	seller	NOUN
cblr-2902	945	23	.	.	PUNCT
cblr-2902	946	1	i	i	PRON
cblr-2902	946	2	d.	d.	PROPN
cblr-2902	946	3	;	;	PUNCT
cblr-2902	946	4	see	see	VERB
cblr-2902	946	5	also	also	ADV
cblr-2902	946	6	british	british	PROPN
cblr-2902	946	7	bankers	banker	NOUN
cblr-2902	946	8	'	'	PART
cblr-2902	946	9	ass'n	ass'n	NOUN
cblr-2902	946	10	,	,	PUNCT
cblr-2902	946	11	credit	credit	NOUN
cblr-2902	946	12	derivatives	derivative	NOUN
cblr-2902	946	13	report	report	VERB
cblr-2902	946	14	2003/2004	2003/2004	NUM
cblr-2902	946	15	(	(	PUNCT
cblr-2902	946	16	2004	2004	NUM
cblr-2902	946	17	)	)	PUNCT
cblr-2902	946	18	.	.	PUNCT
cblr-2902	947	1	182	182	NUM
cblr-2902	947	2	see	see	VERB
cblr-2902	947	3	norden	norden	PROPN
cblr-2902	947	4	&	&	CCONJ
cblr-2902	947	5	weber	weber	PROPN
cblr-2902	947	6	,	,	PUNCT
cblr-2902	947	7	supra	supra	PROPN
cblr-2902	947	8	note	note	PROPN
cblr-2902	947	9	176	176	NUM
cblr-2902	947	10	,	,	PUNCT
cblr-2902	947	11	at	at	ADP
cblr-2902	947	12	2818	2818	NUM
cblr-2902	947	13	.	.	PUNCT
cblr-2902	948	1	[	[	X
cblr-2902	948	2	vol	vol	NOUN
cblr-2902	948	3	.	.	PUNCT
cblr-2902	948	4	2011176	2011176	NUM
cblr-2902	948	5	col	col	PROPN
cblr-2902	948	6	umia	umia	PROPN
cblr-2902	948	7	b	b	PROPN
cblr-2902	948	8	usiness	usiness	PROPN
cblr-2902	948	9	la	la	PROPN
cblr-2902	948	10	w	w	PROPN
cblr-2902	948	11	re	re	PROPN
cblr-2902	948	12	vie	vie	PROPN
cblr-2902	948	13	w	w	PROPN
cblr-2902	948	14	b.	b.	PROPN
cblr-2902	948	15	cds	cds	PROPN
cblr-2902	948	16	markets	market	NOUN
cblr-2902	948	17	are	be	AUX
cblr-2902	948	18	probably	probably	ADV
cblr-2902	948	19	more	more	ADJ
cblr-2902	948	20	"	"	PUNCT
cblr-2902	948	21	complete	complete	ADJ
cblr-2902	948	22	"	"	PUNCT
cblr-2902	948	23	than	than	ADP
cblr-2902	948	24	bond	bond	NOUN
cblr-2902	948	25	markets	market	NOUN
cblr-2902	948	26	because	because	SCONJ
cblr-2902	948	27	credit	credit	NOUN
cblr-2902	948	28	default	default	NOUN
cblr-2902	948	29	swaps	swap	NOUN
cblr-2902	948	30	facilitate	facilitate	VERB
cblr-2902	948	31	shorting	short	VERB
cblr-2902	948	32	the	the	DET
cblr-2902	948	33	outcome	outcome	NOUN
cblr-2902	948	34	of	of	ADP
cblr-2902	948	35	an	an	DET
cblr-2902	948	36	election	election	NOUN
cblr-2902	948	37	can	can	AUX
cblr-2902	948	38	be	be	AUX
cblr-2902	948	39	changed	change	VERB
cblr-2902	948	40	,	,	PUNCT
cblr-2902	948	41	without	without	ADP
cblr-2902	948	42	persuading	persuade	VERB
cblr-2902	948	43	a	a	DET
cblr-2902	948	44	single	single	ADJ
cblr-2902	948	45	voter	voter	NOUN
cblr-2902	948	46	to	to	PART
cblr-2902	948	47	change	change	VERB
cblr-2902	948	48	his	his	PRON
cblr-2902	948	49	or	or	CCONJ
cblr-2902	948	50	her	her	PRON
cblr-2902	948	51	mind	mind	NOUN
cblr-2902	948	52	,	,	PUNCT
cblr-2902	948	53	by	by	ADP
cblr-2902	948	54	simply	simply	ADV
cblr-2902	948	55	shifting	shift	VERB
cblr-2902	948	56	polling	polling	NOUN
cblr-2902	948	57	stations	station	NOUN
cblr-2902	948	58	from	from	ADP
cblr-2902	948	59	one	one	NUM
cblr-2902	948	60	neighborhood	neighborhood	NOUN
cblr-2902	948	61	to	to	ADP
cblr-2902	948	62	another	another	PRON
cblr-2902	948	63	.	.	PUNCT
cblr-2902	949	1	1	1	NUM
cblr-2902	949	2	3	3	NUM
cblr-2902	949	3	similarly	similarly	ADV
cblr-2902	949	4	,	,	PUNCT
cblr-2902	949	5	the	the	DET
cblr-2902	949	6	market	market	NOUN
cblr-2902	949	7	price	price	NOUN
cblr-2902	949	8	can	can	AUX
cblr-2902	949	9	be	be	AUX
cblr-2902	949	10	skewed	skewed	ADJ
cblr-2902	949	11	if	if	SCONJ
cblr-2902	949	12	technical	technical	ADJ
cblr-2902	949	13	features	feature	NOUN
cblr-2902	949	14	of	of	ADP
cblr-2902	949	15	the	the	DET
cblr-2902	949	16	market	market	NOUN
cblr-2902	949	17	make	make	VERB
cblr-2902	949	18	it	it	PRON
cblr-2902	949	19	easier	easy	ADJ
cblr-2902	949	20	for	for	SCONJ
cblr-2902	949	21	investors	investor	NOUN
cblr-2902	949	22	with	with	ADP
cblr-2902	949	23	certain	certain	ADJ
cblr-2902	949	24	opinions	opinion	NOUN
cblr-2902	949	25	to	to	PART
cblr-2902	949	26	"	"	PUNCT
cblr-2902	949	27	vote	vote	VERB
cblr-2902	949	28	"	"	PUNCT
cblr-2902	949	29	than	than	ADP
cblr-2902	949	30	others	other	NOUN
cblr-2902	949	31	.	.	PUNCT
cblr-2902	950	1	a	a	DET
cblr-2902	950	2	market	market	NOUN
cblr-2902	950	3	is	be	AUX
cblr-2902	950	4	complete	complete	ADJ
cblr-2902	950	5	if	if	SCONJ
cblr-2902	950	6	it	it	PRON
cblr-2902	950	7	is	be	AUX
cblr-2902	950	8	possible	possible	ADJ
cblr-2902	950	9	to	to	PART
cblr-2902	950	10	enter	enter	VERB
cblr-2902	950	11	a	a	DET
cblr-2902	950	12	trading	trading	NOUN
cblr-2902	950	13	position	position	NOUN
cblr-2902	950	14	placing	place	VERB
cblr-2902	950	15	any	any	DET
cblr-2902	950	16	bet	bet	NOUN
cblr-2902	950	17	with	with	ADP
cblr-2902	950	18	regard	regard	NOUN
cblr-2902	950	19	to	to	ADP
cblr-2902	950	20	the	the	DET
cblr-2902	950	21	future	future	ADJ
cblr-2902	950	22	state	state	NOUN
cblr-2902	950	23	of	of	ADP
cblr-2902	950	24	the	the	DET
cblr-2902	950	25	market	market	NOUN
cblr-2902	950	26	.	.	PUNCT
cblr-2902	950	27	'	'	PUNCT
cblr-2902	951	1	"	"	PUNCT
cblr-2902	951	2	'	'	PUNCT
cblr-2902	951	3	bond	bond	NOUN
cblr-2902	951	4	markets	market	NOUN
cblr-2902	951	5	may	may	AUX
cblr-2902	951	6	be	be	AUX
cblr-2902	951	7	less	less	ADJ
cblr-2902	951	8	than	than	ADP
cblr-2902	951	9	perfectly	perfectly	ADV
cblr-2902	951	10	complete	complete	ADJ
cblr-2902	951	11	in	in	ADP
cblr-2902	951	12	part	part	NOUN
cblr-2902	951	13	because	because	SCONJ
cblr-2902	951	14	it	it	PRON
cblr-2902	951	15	may	may	AUX
cblr-2902	951	16	be	be	AUX
cblr-2902	951	17	difficult	difficult	ADJ
cblr-2902	951	18	and	and	CCONJ
cblr-2902	951	19	costly	costly	ADJ
cblr-2902	951	20	to	to	PART
cblr-2902	951	21	bet	bet	VERB
cblr-2902	951	22	that	that	SCONJ
cblr-2902	951	23	a	a	DET
cblr-2902	951	24	bond	bond	NOUN
cblr-2902	951	25	will	will	AUX
cblr-2902	951	26	fall	fall	VERB
cblr-2902	951	27	in	in	ADP
cblr-2902	951	28	value.8	value.8	PROPN
cblr-2902	951	29	5	5	NUM
cblr-2902	951	30	if	if	SCONJ
cblr-2902	951	31	an	an	DET
cblr-2902	951	32	investor	investor	NOUN
cblr-2902	951	33	who	who	PRON
cblr-2902	951	34	does	do	AUX
cblr-2902	951	35	not	not	PART
cblr-2902	951	36	already	already	ADV
cblr-2902	951	37	own	own	VERB
cblr-2902	951	38	a	a	DET
cblr-2902	951	39	bond	bond	NOUN
cblr-2902	951	40	wishes	wish	VERB
cblr-2902	951	41	to	to	PART
cblr-2902	951	42	bet	bet	VERB
cblr-2902	951	43	that	that	SCONJ
cblr-2902	951	44	the	the	DET
cblr-2902	951	45	bond	bond	NOUN
cblr-2902	951	46	will	will	AUX
cblr-2902	951	47	fall	fall	VERB
cblr-2902	951	48	in	in	ADP
cblr-2902	951	49	value	value	NOUN
cblr-2902	951	50	,	,	PUNCT
cblr-2902	951	51	the	the	DET
cblr-2902	951	52	investor	investor	NOUN
cblr-2902	951	53	may	may	AUX
cblr-2902	951	54	source	source	VERB
cblr-2902	951	55	the	the	DET
cblr-2902	951	56	bond	bond	NOUN
cblr-2902	951	57	from	from	ADP
cblr-2902	951	58	a	a	DET
cblr-2902	951	59	current	current	ADJ
cblr-2902	951	60	bondholder	bondholder	NOUN
cblr-2902	951	61	who	who	PRON
cblr-2902	951	62	is	be	AUX
cblr-2902	951	63	willing	willing	ADJ
cblr-2902	951	64	to	to	PART
cblr-2902	951	65	lend	lend	VERB
cblr-2902	951	66	it	it	PRON
cblr-2902	951	67	,	,	PUNCT
cblr-2902	951	68	borrow	borrow	VERB
cblr-2902	951	69	the	the	DET
cblr-2902	951	70	bond	bond	NOUN
cblr-2902	951	71	,	,	PUNCT
cblr-2902	951	72	sell	sell	VERB
cblr-2902	951	73	it	it	PRON
cblr-2902	951	74	,	,	PUNCT
cblr-2902	951	75	and	and	CCONJ
cblr-2902	951	76	repurchase	repurchase	VERB
cblr-2902	951	77	the	the	DET
cblr-2902	951	78	bond	bond	NOUN
cblr-2902	951	79	later	later	ADV
cblr-2902	951	80	after	after	SCONJ
cblr-2902	951	81	the	the	DET
cblr-2902	951	82	price	price	NOUN
cblr-2902	951	83	has	have	AUX
cblr-2902	951	84	(	(	PUNCT
cblr-2902	951	85	hopefully	hopefully	ADV
cblr-2902	951	86	)	)	PUNCT
cblr-2902	951	87	fallen	fall	VERB
cblr-2902	951	88	.	.	PUNCT
cblr-2902	952	1	transactions	transaction	NOUN
cblr-2902	952	2	costs	cost	NOUN
cblr-2902	952	3	may	may	AUX
cblr-2902	952	4	in	in	ADP
cblr-2902	952	5	some	some	DET
cblr-2902	952	6	cases	case	NOUN
cblr-2902	952	7	be	be	VERB
cblr-2902	952	8	prohibitive	prohibitive	ADJ
cblr-2902	952	9	,	,	PUNCT
cblr-2902	952	10	particularly	particularly	ADV
cblr-2902	952	11	where	where	SCONJ
cblr-2902	952	12	trading	trading	NOUN
cblr-2902	952	13	volumes	volume	NOUN
cblr-2902	952	14	are	be	AUX
cblr-2902	952	15	low	low	ADJ
cblr-2902	952	16	and	and	CCONJ
cblr-2902	952	17	the	the	DET
cblr-2902	952	18	bonds	bond	NOUN
cblr-2902	952	19	are	be	AUX
cblr-2902	952	20	difficult	difficult	ADJ
cblr-2902	952	21	to	to	PART
cblr-2902	952	22	source	source	VERB
cblr-2902	952	23	.	.	PUNCT
cblr-2902	953	1	86	86	NUM
cblr-2902	954	1	if	if	SCONJ
cblr-2902	954	2	that	that	PRON
cblr-2902	954	3	is	be	AUX
cblr-2902	954	4	the	the	DET
cblr-2902	954	5	case	case	NOUN
cblr-2902	954	6	,	,	PUNCT
cblr-2902	954	7	then	then	ADV
cblr-2902	954	8	the	the	DET
cblr-2902	954	9	bond	bond	NOUN
cblr-2902	954	10	market	market	NOUN
cblr-2902	954	11	might	might	AUX
cblr-2902	954	12	reflect	reflect	VERB
cblr-2902	954	13	a	a	DET
cblr-2902	954	14	somewhat	somewhat	ADV
cblr-2902	954	15	more	more	ADV
cblr-2902	954	16	optimistic	optimistic	ADJ
cblr-2902	954	17	view	view	NOUN
cblr-2902	954	18	than	than	ADP
cblr-2902	954	19	the	the	DET
cblr-2902	954	20	prevailing	prevail	VERB
cblr-2902	954	21	view	view	NOUN
cblr-2902	954	22	among	among	ADP
cblr-2902	954	23	sophisticated	sophisticated	ADJ
cblr-2902	954	24	investors	investor	NOUN
cblr-2902	954	25	because	because	SCONJ
cblr-2902	954	26	of	of	ADP
cblr-2902	954	27	the	the	DET
cblr-2902	954	28	technical	technical	ADJ
cblr-2902	954	29	"	"	PUNCT
cblr-2902	954	30	moshe	moshe	PROPN
cblr-2902	954	31	haspel	haspel	PROPN
cblr-2902	954	32	&	&	CCONJ
cblr-2902	954	33	h.	h.	PROPN
cblr-2902	954	34	gibbs	gibbs	PROPN
cblr-2902	954	35	knotts	knotts	PROPN
cblr-2902	954	36	,	,	PUNCT
cblr-2902	954	37	location	location	NOUN
cblr-2902	954	38	,	,	PUNCT
cblr-2902	954	39	location	location	NOUN
cblr-2902	954	40	,	,	PUNCT
cblr-2902	954	41	location	location	NOUN
cblr-2902	954	42	:	:	PUNCT
cblr-2902	954	43	precincts	precinct	VERB
cblr-2902	954	44	placement	placement	NOUN
cblr-2902	954	45	and	and	CCONJ
cblr-2902	954	46	the	the	DET
cblr-2902	954	47	costs	cost	NOUN
cblr-2902	954	48	of	of	ADP
cblr-2902	954	49	voting	voting	NOUN
cblr-2902	954	50	,	,	PUNCT
cblr-2902	954	51	67	67	NUM
cblr-2902	954	52	j.	j.	PROPN
cblr-2902	954	53	pol	pol	PROPN
cblr-2902	954	54	.	.	PUNCT
cblr-2902	955	1	560	560	NUM
cblr-2902	955	2	,	,	PUNCT
cblr-2902	955	3	560	560	NUM
cblr-2902	955	4	(	(	PUNCT
cblr-2902	955	5	2005	2005	NUM
cblr-2902	955	6	)	)	PUNCT
cblr-2902	955	7	.	.	PUNCT
cblr-2902	956	1	"	"	PUNCT
cblr-2902	956	2	see	see	VERB
cblr-2902	956	3	mark	mark	PROPN
cblr-2902	956	4	d.	d.	PROPN
cblr-2902	956	5	flood	flood	PROPN
cblr-2902	956	6	,	,	PUNCT
cblr-2902	956	7	an	an	DET
cblr-2902	956	8	introduction	introduction	NOUN
cblr-2902	956	9	to	to	ADP
cblr-2902	956	10	complete	complete	ADJ
cblr-2902	956	11	markets	market	NOUN
cblr-2902	956	12	,	,	PUNCT
cblr-2902	956	13	7	7	NUM
cblr-2902	956	14	fed	feed	VERB
cblr-2902	956	15	.	.	PUNCT
cblr-2902	957	1	res	res	PROPN
cblr-2902	957	2	.	.	PUNCT
cblr-2902	958	1	bank	bank	PROPN
cblr-2902	958	2	st	st	PROPN
cblr-2902	958	3	.	.	PROPN
cblr-2902	958	4	louis	louis	PROPN
cblr-2902	958	5	rev	rev	PROPN
cblr-2902	958	6	.	.	PROPN
cblr-2902	958	7	32	32	NUM
cblr-2902	958	8	,	,	PUNCT
cblr-2902	958	9	34	34	NUM
cblr-2902	958	10	(	(	PUNCT
cblr-2902	958	11	1991	1991	NUM
cblr-2902	958	12	)	)	PUNCT
cblr-2902	958	13	,	,	PUNCT
cblr-2902	958	14	available	available	ADJ
cblr-2902	958	15	at	at	ADP
cblr-2902	958	16	http://research	http://research	PROPN
cblr-2902	958	17	.	.	PUNCT
cblr-2902	959	1	stlouisfed.org/publications/review/91/03/markets-maraprl991.pdf	stlouisfed.org/publications/review/91/03/markets-maraprl991.pdf	NOUN
cblr-2902	959	2	.	.	PUNCT
cblr-2902	959	3	"	"	PUNCT
cblr-2902	959	4	see	see	VERB
cblr-2902	959	5	i	i	PRON
cblr-2902	959	6	d.	d.	PROPN
cblr-2902	959	7	at	at	ADP
cblr-2902	959	8	48	48	NUM
cblr-2902	959	9	-	-	SYM
cblr-2902	959	10	50	50	NUM
cblr-2902	959	11	(	(	PUNCT
cblr-2902	959	12	discussing	discuss	VERB
cblr-2902	959	13	the	the	DET
cblr-2902	959	14	difficulties	difficulty	NOUN
cblr-2902	959	15	of	of	ADP
cblr-2902	959	16	shorting	shorting	ADJ
cblr-2902	959	17	physical	physical	ADJ
cblr-2902	959	18	commodities	commodity	NOUN
cblr-2902	959	19	)	)	PUNCT
cblr-2902	959	20	.	.	PUNCT
cblr-2902	960	1	1	1	NUM
cblr-2902	960	2	"	"	PUNCT
cblr-2902	960	3	see	see	VERB
cblr-2902	960	4	lewis	lewis	PROPN
cblr-2902	960	5	,	,	PUNCT
cblr-2902	960	6	supra	supra	PROPN
cblr-2902	960	7	note	note	PROPN
cblr-2902	960	8	172	172	NUM
cblr-2902	960	9	,	,	PUNCT
cblr-2902	960	10	at	at	ADP
cblr-2902	960	11	107	107	NUM
cblr-2902	960	12	.	.	PUNCT
cblr-2902	961	1	in	in	ADP
cblr-2902	961	2	addition	addition	NOUN
cblr-2902	961	3	,	,	PUNCT
cblr-2902	961	4	short	short	ADJ
cblr-2902	961	5	sellers	seller	NOUN
cblr-2902	961	6	may	may	AUX
cblr-2902	961	7	face	face	VERB
cblr-2902	961	8	risks	risk	NOUN
cblr-2902	961	9	of	of	ADP
cblr-2902	961	10	a	a	DET
cblr-2902	961	11	short	short	ADJ
cblr-2902	961	12	-	-	PUNCT
cblr-2902	961	13	squeeze	squeeze	NOUN
cblr-2902	961	14	-	-	PUNCT
cblr-2902	961	15	the	the	DET
cblr-2902	961	16	temporary	temporary	ADJ
cblr-2902	961	17	unavailability	unavailability	NOUN
cblr-2902	961	18	of	of	ADP
cblr-2902	961	19	the	the	DET
cblr-2902	961	20	underlying	underlie	VERB
cblr-2902	961	21	security	security	NOUN
cblr-2902	961	22	at	at	ADP
cblr-2902	961	23	a	a	DET
cblr-2902	961	24	time	time	NOUN
cblr-2902	961	25	when	when	SCONJ
cblr-2902	961	26	short	short	ADJ
cblr-2902	961	27	sellers	seller	NOUN
cblr-2902	961	28	must	must	AUX
cblr-2902	961	29	repurchase	repurchase	VERB
cblr-2902	961	30	the	the	DET
cblr-2902	961	31	security	security	NOUN
cblr-2902	961	32	to	to	PART
cblr-2902	961	33	complete	complete	VERB
cblr-2902	961	34	their	their	PRON
cblr-2902	961	35	contracts	contract	NOUN
cblr-2902	961	36	-	-	PUNCT
cblr-2902	961	37	driving	drive	VERB
cblr-2902	961	38	up	up	ADP
cblr-2902	961	39	the	the	DET
cblr-2902	961	40	price	price	NOUN
cblr-2902	961	41	and	and	CCONJ
cblr-2902	961	42	imposing	impose	VERB
cblr-2902	961	43	high	high	ADJ
cblr-2902	961	44	costs	cost	NOUN
cblr-2902	961	45	on	on	ADP
cblr-2902	961	46	short	short	ADJ
cblr-2902	961	47	sellers	seller	NOUN
cblr-2902	961	48	.	.	PUNCT
cblr-2902	962	1	a	a	DET
cblr-2902	962	2	short	short	ADJ
cblr-2902	962	3	-	-	PUNCT
cblr-2902	962	4	squeeze	squeeze	NOUN
cblr-2902	962	5	in	in	ADP
cblr-2902	962	6	volkswagen	volkswagen	NOUN
cblr-2902	962	7	shares	share	NOUN
cblr-2902	962	8	temporarily	temporarily	ADV
cblr-2902	962	9	made	make	VERB
cblr-2902	962	10	volkswagen	volkswagen	PROPN
cblr-2902	962	11	the	the	DET
cblr-2902	962	12	most	most	ADV
cblr-2902	962	13	valuable	valuable	ADJ
cblr-2902	962	14	company	company	NOUN
cblr-2902	962	15	on	on	ADP
cblr-2902	962	16	earth	earth	NOUN
cblr-2902	962	17	as	as	SCONJ
cblr-2902	962	18	measured	measure	VERB
cblr-2902	962	19	by	by	ADP
cblr-2902	962	20	(	(	PUNCT
cblr-2902	962	21	thinly	thinly	ADV
cblr-2902	962	22	traded	trade	VERB
cblr-2902	962	23	)	)	PUNCT
cblr-2902	962	24	market	market	NOUN
cblr-2902	962	25	price	price	NOUN
cblr-2902	962	26	of	of	ADP
cblr-2902	962	27	its	its	PRON
cblr-2902	962	28	stock	stock	NOUN
cblr-2902	962	29	.	.	PUNCT
cblr-2902	963	1	see	see	VERB
cblr-2902	963	2	vikas	vikas	PROPN
cblr-2902	963	3	bajaj	bajaj	PROPN
cblr-2902	963	4	,	,	PUNCT
cblr-2902	963	5	even	even	ADV
cblr-2902	963	6	as	as	SCONJ
cblr-2902	963	7	dow	dow	NOUN
cblr-2902	963	8	soars	soar	VERB
cblr-2902	963	9	11	11	NUM
cblr-2902	963	10	%	%	NOUN
cblr-2902	963	11	,	,	PUNCT
cblr-2902	963	12	skeptics	skeptic	NOUN
cblr-2902	963	13	lurk	lurk	PROPN
cblr-2902	963	14	,	,	PUNCT
cblr-2902	963	15	n.y	n.y	PROPN
cblr-2902	963	16	.	.	PROPN
cblr-2902	963	17	times	times	PROPN
cblr-2902	963	18	,	,	PUNCT
cblr-2902	963	19	oct	oct	PROPN
cblr-2902	963	20	.	.	PROPN
cblr-2902	963	21	29	29	NUM
cblr-2902	963	22	,	,	PUNCT
cblr-2902	963	23	2008	2008	NUM
cblr-2902	963	24	,	,	PUNCT
cblr-2902	963	25	at	at	ADP
cblr-2902	963	26	b1	b1	NOUN
cblr-2902	963	27	.	.	PUNCT
cblr-2902	964	1	no	no	INTJ
cblr-2902	964	2	.	.	NOUN
cblr-2902	965	1	1	1	NUM
cblr-2902	965	2	:	:	SYM
cblr-2902	965	3	118]1	118]1	NUM
cblr-2902	965	4	leveraged	leverage	VERB
cblr-2902	965	5	buyout	buyout	NOUN
cblr-2902	965	6	bankruptcies	bankruptcy	NOUN
cblr-2902	965	7	177	177	NUM
cblr-2902	965	8	columbia	columbia	PROPN
cblr-2902	965	9	business	business	NOUN
cblr-2902	965	10	law	law	NOUN
cblr-2902	965	11	review	review	VERB
cblr-2902	965	12	difficulties	difficulty	NOUN
cblr-2902	965	13	such	such	ADJ
cblr-2902	965	14	investors	investor	NOUN
cblr-2902	965	15	face	face	VERB
cblr-2902	965	16	in	in	ADP
cblr-2902	965	17	placing	place	VERB
cblr-2902	965	18	bets	bet	NOUN
cblr-2902	965	19	that	that	PRON
cblr-2902	965	20	the	the	DET
cblr-2902	965	21	value	value	NOUN
cblr-2902	965	22	of	of	ADP
cblr-2902	965	23	the	the	DET
cblr-2902	965	24	bonds	bond	NOUN
cblr-2902	965	25	will	will	AUX
cblr-2902	965	26	fall	fall	VERB
cblr-2902	965	27	.	.	PUNCT
cblr-2902	966	1	unlike	unlike	ADP
cblr-2902	966	2	the	the	DET
cblr-2902	966	3	bond	bond	NOUN
cblr-2902	966	4	market	market	NOUN
cblr-2902	966	5	,	,	PUNCT
cblr-2902	966	6	the	the	DET
cblr-2902	966	7	cds	cd	NOUN
cblr-2902	966	8	market	market	NOUN
cblr-2902	966	9	likely	likely	ADV
cblr-2902	966	10	reflects	reflect	VERB
cblr-2902	966	11	a	a	DET
cblr-2902	966	12	neutral	neutral	ADJ
cblr-2902	966	13	or	or	CCONJ
cblr-2902	966	14	perhaps	perhaps	ADV
cblr-2902	966	15	even	even	ADV
cblr-2902	966	16	a	a	DET
cblr-2902	966	17	pessimistic	pessimistic	ADJ
cblr-2902	966	18	view	view	NOUN
cblr-2902	966	19	.	.	PUNCT
cblr-2902	967	1	it	it	PRON
cblr-2902	967	2	is	be	AUX
cblr-2902	967	3	not	not	PART
cblr-2902	967	4	necessary	necessary	ADJ
cblr-2902	967	5	to	to	PART
cblr-2902	967	6	source	source	VERB
cblr-2902	967	7	bonds	bond	NOUN
cblr-2902	967	8	to	to	PART
cblr-2902	967	9	bet	bet	VERB
cblr-2902	967	10	against	against	ADP
cblr-2902	967	11	them	they	PRON
cblr-2902	967	12	using	use	VERB
cblr-2902	967	13	credit	credit	NOUN
cblr-2902	967	14	default	default	NOUN
cblr-2902	967	15	swaps	swap	NOUN
cblr-2902	967	16	.	.	PUNCT
cblr-2902	968	1	rather	rather	ADV
cblr-2902	968	2	,	,	PUNCT
cblr-2902	968	3	it	it	PRON
cblr-2902	968	4	is	be	AUX
cblr-2902	968	5	only	only	ADV
cblr-2902	968	6	necessary	necessary	ADJ
cblr-2902	968	7	to	to	PART
cblr-2902	968	8	find	find	VERB
cblr-2902	968	9	a	a	DET
cblr-2902	968	10	sufficiently	sufficiently	ADV
cblr-2902	968	11	well	well	ADV
cblr-2902	968	12	-	-	PUNCT
cblr-2902	968	13	capitalized	capitalize	VERB
cblr-2902	968	14	counterparty	counterparty	NOUN
cblr-2902	968	15	that	that	PRON
cblr-2902	968	16	is	be	AUX
cblr-2902	968	17	willing	willing	ADJ
cblr-2902	968	18	to	to	PART
cblr-2902	968	19	make	make	VERB
cblr-2902	968	20	the	the	DET
cblr-2902	968	21	opposite	opposite	ADJ
cblr-2902	968	22	bet	bet	NOUN
cblr-2902	968	23	.	.	PUNCT
cblr-2902	969	1	considering	consider	VERB
cblr-2902	969	2	probabilities	probability	NOUN
cblr-2902	969	3	of	of	ADP
cblr-2902	969	4	default	default	NOUN
cblr-2902	969	5	implied	imply	VERB
cblr-2902	969	6	by	by	ADP
cblr-2902	969	7	both	both	DET
cblr-2902	969	8	bond	bond	NOUN
cblr-2902	969	9	spreads	spread	NOUN
cblr-2902	969	10	and	and	CCONJ
cblr-2902	969	11	cds	cd	NOUN
cblr-2902	969	12	spreads	spread	NOUN
cblr-2902	969	13	should	should	AUX
cblr-2902	969	14	mitigate	mitigate	VERB
cblr-2902	969	15	any	any	DET
cblr-2902	969	16	problems	problem	NOUN
cblr-2902	969	17	caused	cause	VERB
cblr-2902	969	18	by	by	ADP
cblr-2902	969	19	incompleteness	incompleteness	NOUN
cblr-2902	969	20	in	in	ADP
cblr-2902	969	21	the	the	DET
cblr-2902	969	22	bond	bond	NOUN
cblr-2902	969	23	market	market	NOUN
cblr-2902	969	24	.	.	PUNCT
cblr-2902	970	1	c.	c.	PROPN
cblr-2902	970	2	cds	cds	PROPN
cblr-2902	970	3	markets	market	NOUN
cblr-2902	970	4	may	may	AUX
cblr-2902	970	5	be	be	AUX
cblr-2902	970	6	more	more	ADV
cblr-2902	970	7	efficient	efficient	ADJ
cblr-2902	970	8	because	because	SCONJ
cblr-2902	970	9	they	they	PRON
cblr-2902	970	10	are	be	AUX
cblr-2902	970	11	anonymous	anonymous	ADJ
cblr-2902	970	12	and	and	CCONJ
cblr-2902	970	13	reduce	reduce	VERB
cblr-2902	970	14	the	the	DET
cblr-2902	970	15	risk	risk	NOUN
cblr-2902	970	16	of	of	ADP
cblr-2902	970	17	retaliation	retaliation	NOUN
cblr-2902	970	18	for	for	ADP
cblr-2902	970	19	shorting	short	VERB
cblr-2902	970	20	in	in	ADP
cblr-2902	970	21	addition	addition	NOUN
cblr-2902	970	22	to	to	ADP
cblr-2902	970	23	the	the	DET
cblr-2902	970	24	technical	technical	ADJ
cblr-2902	970	25	difficulties	difficulty	NOUN
cblr-2902	970	26	and	and	CCONJ
cblr-2902	970	27	risks	risk	NOUN
cblr-2902	970	28	inherent	inherent	ADJ
cblr-2902	970	29	in	in	ADP
cblr-2902	970	30	short	short	ADJ
cblr-2902	970	31	-	-	PUNCT
cblr-2902	970	32	selling	sell	VERB
cblr-2902	970	33	debt	debt	NOUN
cblr-2902	970	34	,	,	PUNCT
cblr-2902	970	35	there	there	PRON
cblr-2902	970	36	is	be	VERB
cblr-2902	970	37	an	an	DET
cblr-2902	970	38	additional	additional	ADJ
cblr-2902	970	39	challenge	challenge	NOUN
cblr-2902	970	40	facing	face	VERB
cblr-2902	970	41	would	would	AUX
cblr-2902	970	42	-	-	PUNCT
cblr-2902	970	43	be	be	AUX
cblr-2902	970	44	-	-	PUNCT
cblr-2902	970	45	shorts	short	NOUN
cblr-2902	970	46	:	:	PUNCT
cblr-2902	970	47	retribution	retribution	NOUN
cblr-2902	970	48	.	.	PUNCT
cblr-2902	971	1	corporations	corporation	NOUN
cblr-2902	971	2	that	that	PRON
cblr-2902	971	3	disclose	disclose	VERB
cblr-2902	971	4	sensitive	sensitive	ADJ
cblr-2902	971	5	information	information	NOUN
cblr-2902	971	6	to	to	ADP
cblr-2902	971	7	financial	financial	ADJ
cblr-2902	971	8	advisers	adviser	NOUN
cblr-2902	971	9	and	and	CCONJ
cblr-2902	971	10	vendors	vendor	NOUN
cblr-2902	971	11	-	-	PUNCT
cblr-2902	971	12	and	and	CCONJ
cblr-2902	971	13	who	who	PRON
cblr-2902	971	14	pay	pay	VERB
cblr-2902	971	15	hefty	hefty	ADJ
cblr-2902	971	16	fees	fee	NOUN
cblr-2902	971	17	to	to	ADP
cblr-2902	971	18	those	those	DET
cblr-2902	971	19	advisers	adviser	NOUN
cblr-2902	971	20	and	and	CCONJ
cblr-2902	971	21	vendors	vendor	NOUN
cblr-2902	971	22	-	-	PUNCT
cblr-2902	971	23	tend	tend	VERB
cblr-2902	971	24	to	to	PART
cblr-2902	971	25	be	be	AUX
cblr-2902	971	26	displeased	displeased	ADJ
cblr-2902	971	27	when	when	SCONJ
cblr-2902	971	28	their	their	PRON
cblr-2902	971	29	financial	financial	ADJ
cblr-2902	971	30	advisers	adviser	NOUN
cblr-2902	971	31	and	and	CCONJ
cblr-2902	971	32	vendors	vendor	NOUN
cblr-2902	971	33	bet	bet	VERB
cblr-2902	971	34	against	against	ADP
cblr-2902	971	35	their	their	PRON
cblr-2902	971	36	success	success	NOUN
cblr-2902	971	37	.	.	PUNCT
cblr-2902	971	38	'	'	PUNCT
cblr-2902	972	1	in	in	ADP
cblr-2902	972	2	fact	fact	NOUN
cblr-2902	972	3	,	,	PUNCT
cblr-2902	972	4	firms	firm	NOUN
cblr-2902	972	5	that	that	PRON
cblr-2902	972	6	issue	issue	VERB
cblr-2902	972	7	debt	debt	NOUN
cblr-2902	972	8	18	18	NUM
cblr-2902	972	9	see	see	NOUN
cblr-2902	972	10	tett	tett	NOUN
cblr-2902	972	11	,	,	PUNCT
cblr-2902	972	12	supra	supra	PROPN
cblr-2902	972	13	note	note	PROPN
cblr-2902	972	14	173	173	NUM
cblr-2902	972	15	,	,	PUNCT
cblr-2902	972	16	at	at	ADP
cblr-2902	972	17	57	57	NUM
cblr-2902	972	18	(	(	PUNCT
cblr-2902	972	19	"	"	PUNCT
cblr-2902	972	20	the	the	DET
cblr-2902	972	21	european	european	ADJ
cblr-2902	972	22	banks	bank	NOUN
cblr-2902	972	23	were	be	AUX
cblr-2902	972	24	usually	usually	ADV
cblr-2902	972	25	reluctant	reluctant	ADJ
cblr-2902	972	26	to	to	PART
cblr-2902	972	27	reveal	reveal	VERB
cblr-2902	972	28	the	the	DET
cblr-2902	972	29	names	name	NOUN
cblr-2902	972	30	of	of	ADP
cblr-2902	972	31	the	the	DET
cblr-2902	972	32	companies	company	NOUN
cblr-2902	972	33	whose	whose	DET
cblr-2902	972	34	loans	loan	NOUN
cblr-2902	972	35	were	be	AUX
cblr-2902	972	36	included	include	VERB
cblr-2902	972	37	in	in	ADP
cblr-2902	972	38	cds	cd	NOUN
cblr-2902	972	39	deals	deal	NOUN
cblr-2902	972	40	;	;	PUNCT
cblr-2902	972	41	they	they	PRON
cblr-2902	972	42	feared	fear	VERB
cblr-2902	972	43	they	they	PRON
cblr-2902	972	44	would	would	AUX
cblr-2902	972	45	lose	lose	VERB
cblr-2902	972	46	customers	customer	NOUN
cblr-2902	972	47	if	if	SCONJ
cblr-2902	972	48	companies	company	NOUN
cblr-2902	972	49	found	find	VERB
cblr-2902	972	50	out	out	ADP
cblr-2902	972	51	their	their	PRON
cblr-2902	972	52	bank	bank	NOUN
cblr-2902	972	53	was	be	AUX
cblr-2902	972	54	buying	buy	VERB
cblr-2902	972	55	insurance	insurance	NOUN
cblr-2902	972	56	against	against	ADP
cblr-2902	972	57	its	its	PRON
cblr-2902	972	58	loan	loan	NOUN
cblr-2902	972	59	book	book	NOUN
cblr-2902	972	60	risk	risk	NOUN
cblr-2902	972	61	.	.	PUNCT
cblr-2902	973	1	"	"	PUNCT
cblr-2902	973	2	)	)	PUNCT
cblr-2902	973	3	;	;	PUNCT
cblr-2902	973	4	see	see	VERB
cblr-2902	973	5	also	also	ADV
cblr-2902	973	6	jenny	jenny	PROPN
cblr-2902	973	7	strasburg	strasburg	PROPN
cblr-2902	973	8	,	,	PUNCT
cblr-2902	973	9	aaron	aaron	PROPN
cblr-2902	973	10	lucchette	lucchette	PROPN
cblr-2902	973	11	&	&	CCONJ
cblr-2902	973	12	liz	liz	PROPN
cblr-2902	973	13	rappaport	rappaport	PROPN
cblr-2902	973	14	,	,	PUNCT
cblr-2902	973	15	new	new	ADJ
cblr-2902	973	16	law	law	NOUN
cblr-2902	973	17	fuels	fuel	VERB
cblr-2902	973	18	a	a	DET
cblr-2902	973	19	shake	shake	NOUN
cblr-2902	973	20	-	-	PUNCT
cblr-2902	973	21	up	up	NOUN
cblr-2902	973	22	at	at	ADP
cblr-2902	973	23	morgan	morgan	PROPN
cblr-2902	973	24	stanley	stanley	PROPN
cblr-2902	973	25	,	,	PUNCT
cblr-2902	973	26	wall	wall	PROPN
cblr-2902	973	27	st	st	PROPN
cblr-2902	973	28	.	.	PROPN
cblr-2902	973	29	j.	j.	PROPN
cblr-2902	973	30	,	,	PUNCT
cblr-2902	973	31	aug	aug	PROPN
cblr-2902	973	32	.	.	PROPN
cblr-2902	973	33	5	5	NUM
cblr-2902	973	34	,	,	PUNCT
cblr-2902	973	35	2010	2010	NUM
cblr-2902	973	36	,	,	PUNCT
cblr-2902	973	37	at	at	ADP
cblr-2902	973	38	cl	cl	NOUN
cblr-2902	973	39	(	(	PUNCT
cblr-2902	973	40	reporting	report	VERB
cblr-2902	973	41	that	that	SCONJ
cblr-2902	973	42	for	for	ADP
cblr-2902	973	43	-	-	PUNCT
cblr-2902	973	44	profit	profit	NOUN
cblr-2902	973	45	education	education	NOUN
cblr-2902	973	46	companies	company	NOUN
cblr-2902	973	47	that	that	PRON
cblr-2902	973	48	were	be	AUX
cblr-2902	973	49	clients	client	NOUN
cblr-2902	973	50	of	of	ADP
cblr-2902	973	51	morgan	morgan	PROPN
cblr-2902	973	52	stanley	stanley	PROPN
cblr-2902	973	53	complained	complain	VERB
cblr-2902	973	54	to	to	ADP
cblr-2902	973	55	morgan	morgan	PROPN
cblr-2902	973	56	stanley	stanley	PROPN
cblr-2902	973	57	investment	investment	PROPN
cblr-2902	973	58	bankers	banker	NOUN
cblr-2902	973	59	after	after	ADP
cblr-2902	973	60	steve	steve	PROPN
cblr-2902	973	61	eisman	eisman	PROPN
cblr-2902	973	62	,	,	PUNCT
cblr-2902	973	63	an	an	DET
cblr-2902	973	64	investment	investment	NOUN
cblr-2902	973	65	manager	manager	NOUN
cblr-2902	973	66	at	at	ADP
cblr-2902	973	67	a	a	DET
cblr-2902	973	68	hedge	hedge	NOUN
cblr-2902	973	69	fund	fund	NOUN
cblr-2902	973	70	owned	own	VERB
cblr-2902	973	71	by	by	ADP
cblr-2902	973	72	morgan	morgan	PROPN
cblr-2902	973	73	stanley	stanley	PROPN
cblr-2902	973	74	,	,	PUNCT
cblr-2902	973	75	shorted	short	VERB
cblr-2902	973	76	them	they	PRON
cblr-2902	973	77	and	and	CCONJ
cblr-2902	973	78	"	"	PUNCT
cblr-2902	973	79	lambasted	lambaste	VERB
cblr-2902	973	80	"	"	PUNCT
cblr-2902	973	81	them	they	PRON
cblr-2902	973	82	at	at	ADP
cblr-2902	973	83	an	an	DET
cblr-2902	973	84	investor	investor	NOUN
cblr-2902	973	85	conference	conference	NOUN
cblr-2902	973	86	)	)	PUNCT
cblr-2902	973	87	.	.	PUNCT
cblr-2902	974	1	morgan	morgan	PROPN
cblr-2902	974	2	stanley	stanley	PROPN
cblr-2902	974	3	is	be	AUX
cblr-2902	974	4	reportedly	reportedly	ADV
cblr-2902	974	5	planning	plan	VERB
cblr-2902	974	6	to	to	PART
cblr-2902	974	7	sell	sell	VERB
cblr-2902	974	8	eisman	eisman	NOUN
cblr-2902	974	9	's	's	PART
cblr-2902	974	10	fund	fund	NOUN
cblr-2902	974	11	at	at	ADP
cblr-2902	974	12	a	a	DET
cblr-2902	974	13	loss	loss	NOUN
cblr-2902	974	14	.	.	PUNCT
cblr-2902	975	1	regulators	regulator	NOUN
cblr-2902	975	2	are	be	AUX
cblr-2902	975	3	also	also	ADV
cblr-2902	975	4	frequently	frequently	ADV
cblr-2902	975	5	hostile	hostile	ADJ
cblr-2902	975	6	toward	toward	ADP
cblr-2902	975	7	short	short	ADJ
cblr-2902	975	8	sellers	seller	NOUN
cblr-2902	975	9	.	.	PUNCT
cblr-2902	976	1	see	see	VERB
cblr-2902	976	2	nelson	nelson	PROPN
cblr-2902	976	3	d.	d.	PROPN
cblr-2902	976	4	schwartz	schwartz	PROPN
cblr-2902	976	5	&	&	CCONJ
cblr-2902	976	6	eric	eric	PROPN
cblr-2902	976	7	dash	dash	NOUN
cblr-2902	976	8	,	,	PUNCT
cblr-2902	976	9	banks	bank	NOUN
cblr-2902	976	10	bet	bet	VERB
cblr-2902	976	11	greece	greece	PROPN
cblr-2902	976	12	defaults	default	NOUN
cblr-2902	976	13	on	on	ADP
cblr-2902	976	14	debt	debt	NOUN
cblr-2902	976	15	they	they	PRON
cblr-2902	976	16	helped	help	VERB
cblr-2902	976	17	hide	hide	VERB
cblr-2902	976	18	,	,	PUNCT
cblr-2902	976	19	n.y	n.y	PROPN
cblr-2902	976	20	.	.	PROPN
cblr-2902	976	21	times	times	PROPN
cblr-2902	976	22	,	,	PUNCT
cblr-2902	976	23	feb	feb	PROPN
cblr-2902	976	24	.	.	PROPN
cblr-2902	976	25	25	25	NUM
cblr-2902	976	26	,	,	PUNCT
cblr-2902	976	27	2010	2010	NUM
cblr-2902	976	28	,	,	PUNCT
cblr-2902	976	29	at	at	ADP
cblr-2902	976	30	al	al	PROPN
cblr-2902	976	31	(	(	PUNCT
cblr-2902	976	32	"	"	PUNCT
cblr-2902	976	33	[	[	X
cblr-2902	976	34	wihile	wihile	ADP
cblr-2902	976	35	some	some	DET
cblr-2902	976	36	european	european	ADJ
cblr-2902	976	37	leaders	leader	NOUN
cblr-2902	976	38	have	have	AUX
cblr-2902	976	39	blamed	blame	VERB
cblr-2902	976	40	financial	financial	ADJ
cblr-2902	976	41	speculators	speculator	NOUN
cblr-2902	976	42	in	in	ADP
cblr-2902	976	43	general	general	ADJ
cblr-2902	976	44	for	for	ADP
cblr-2902	976	45	worsening	worsen	VERB
cblr-2902	976	46	the	the	DET
cblr-2902	976	47	crisis	crisis	NOUN
cblr-2902	976	48	,	,	PUNCT
cblr-2902	976	49	the	the	DET
cblr-2902	976	50	french	french	ADJ
cblr-2902	976	51	finance	finance	NOUN
cblr-2902	976	52	minister	minister	NOUN
cblr-2902	976	53	,	,	PUNCT
cblr-2902	976	54	christine	christine	PROPN
cblr-2902	976	55	lagarde	lagarde	PROPN
cblr-2902	976	56	,	,	PUNCT
cblr-2902	976	57	last	last	ADJ
cblr-2902	976	58	week	week	NOUN
cblr-2902	976	59	singled	single	VERB
cblr-2902	976	60	out	out	ADP
cblr-2902	976	61	credit	credit	NOUN
cblr-2902	976	62	-	-	PUNCT
cblr-2902	976	63	default	default	NOUN
cblr-2902	976	64	swaps	swap	NOUN
cblr-2902	976	65	.	.	PUNCT
cblr-2902	977	1	ms	ms	PROPN
cblr-2902	977	2	.	.	PROPN
cblr-2902	977	3	lagarde	lagarde	PROPN
cblr-2902	977	4	said	say	VERB
cblr-2902	977	5	a	a	DET
cblr-2902	977	6	few	few	ADJ
cblr-2902	977	7	players	player	NOUN
cblr-2902	977	8	dominated	dominate	VERB
cblr-2902	977	9	this	this	DET
cblr-2902	977	10	arena	arena	NOUN
cblr-2902	977	11	,	,	PUNCT
cblr-2902	977	12	which	which	PRON
cblr-2902	977	13	she	she	PRON
cblr-2902	977	14	said	say	VERB
cblr-2902	977	15	needed	need	VERB
cblr-2902	977	16	tighter	tight	ADJ
cblr-2902	977	17	regulation	regulation	NOUN
cblr-2902	977	18	.	.	PUNCT
cblr-2902	977	19	"	"	PUNCT
cblr-2902	977	20	)	)	PUNCT
cblr-2902	977	21	;	;	PUNCT
cblr-2902	977	22	see	see	VERB
cblr-2902	977	23	also	also	ADV
cblr-2902	977	24	matt	matt	PROPN
cblr-2902	977	25	taibbi	taibbi	PROPN
cblr-2902	977	26	,	,	PUNCT
cblr-2902	977	27	wall	wall	PROPN
cblr-2902	977	28	street	street	PROPN
cblr-2902	977	29	's	's	PART
cblr-2902	977	30	naked	naked	ADJ
cblr-2902	977	31	178	178	NUM
cblr-2902	978	1	[	[	X
cblr-2902	978	2	vol	vol	NOUN
cblr-2902	978	3	.	.	PUNCT
cblr-2902	978	4	2011	2011	NUM
cblr-2902	978	5	leveraged	leveraged	ADJ
cblr-2902	978	6	buyout	buyout	NOUN
cblr-2902	978	7	bankruptcies	bankruptcy	NOUN
cblr-2902	978	8	typically	typically	ADV
cblr-2902	978	9	require	require	VERB
cblr-2902	978	10	underwriters	underwriter	NOUN
cblr-2902	978	11	to	to	PART
cblr-2902	978	12	agree	agree	VERB
cblr-2902	978	13	to	to	PART
cblr-2902	978	14	retain	retain	VERB
cblr-2902	978	15	a	a	DET
cblr-2902	978	16	portion	portion	NOUN
cblr-2902	978	17	of	of	ADP
cblr-2902	978	18	that	that	DET
cblr-2902	978	19	debt	debt	NOUN
cblr-2902	978	20	on	on	ADP
cblr-2902	978	21	their	their	PRON
cblr-2902	978	22	balance	balance	NOUN
cblr-2902	978	23	sheets	sheet	NOUN
cblr-2902	978	24	as	as	ADP
cblr-2902	978	25	a	a	DET
cblr-2902	978	26	sign	sign	NOUN
cblr-2902	978	27	of	of	ADP
cblr-2902	978	28	support	support	NOUN
cblr-2902	978	29	and	and	CCONJ
cblr-2902	978	30	confidence	confidence	NOUN
cblr-2902	978	31	in	in	ADP
cblr-2902	978	32	the	the	DET
cblr-2902	978	33	debtor	debtor	NOUN
cblr-2902	978	34	.	.	PUNCT
cblr-2902	979	1	credit	credit	NOUN
cblr-2902	979	2	default	default	NOUN
cblr-2902	979	3	swaps	swap	NOUN
cblr-2902	979	4	can	can	AUX
cblr-2902	979	5	enable	enable	VERB
cblr-2902	979	6	financial	financial	ADJ
cblr-2902	979	7	institutions	institution	NOUN
cblr-2902	979	8	or	or	CCONJ
cblr-2902	979	9	other	other	ADJ
cblr-2902	979	10	market	market	NOUN
cblr-2902	979	11	participants	participant	NOUN
cblr-2902	979	12	to	to	PART
cblr-2902	979	13	in	in	ADP
cblr-2902	979	14	effect	effect	NOUN
cblr-2902	979	15	offload	offload	NOUN
cblr-2902	979	16	all	all	DET
cblr-2902	979	17	risk	risk	NOUN
cblr-2902	979	18	(	(	PUNCT
cblr-2902	979	19	or	or	CCONJ
cblr-2902	979	20	go	go	VERB
cblr-2902	979	21	further	far	ADV
cblr-2902	979	22	and	and	CCONJ
cblr-2902	979	23	actually	actually	ADV
cblr-2902	979	24	bet	bet	VERB
cblr-2902	979	25	against	against	ADP
cblr-2902	979	26	the	the	DET
cblr-2902	979	27	debtor	debtor	NOUN
cblr-2902	979	28	)	)	PUNCT
cblr-2902	979	29	,	,	PUNCT
cblr-2902	979	30	while	while	SCONJ
cblr-2902	979	31	simultaneously	simultaneously	ADV
cblr-2902	979	32	holding	hold	VERB
cblr-2902	979	33	a	a	DET
cblr-2902	979	34	significant	significant	ADJ
cblr-2902	979	35	portion	portion	NOUN
cblr-2902	979	36	of	of	ADP
cblr-2902	979	37	the	the	DET
cblr-2902	979	38	debt	debt	NOUN
cblr-2902	979	39	on	on	ADP
cblr-2902	979	40	their	their	PRON
cblr-2902	979	41	balance	balance	NOUN
cblr-2902	979	42	sheets	sheet	NOUN
cblr-2902	979	43	.	.	PUNCT
cblr-2902	980	1	"	"	PUNCT
cblr-2902	980	2	'	'	PUNCT
cblr-2902	980	3	in	in	ADP
cblr-2902	980	4	so	so	ADV
cblr-2902	980	5	doing	do	VERB
cblr-2902	980	6	,	,	PUNCT
cblr-2902	980	7	the	the	DET
cblr-2902	980	8	financial	financial	ADJ
cblr-2902	980	9	institution	institution	NOUN
cblr-2902	980	10	appears	appear	VERB
cblr-2902	980	11	to	to	ADP
cblr-2902	980	12	their	their	PRON
cblr-2902	980	13	client	client	NOUN
cblr-2902	980	14	-	-	PUNCT
cblr-2902	980	15	and	and	CCONJ
cblr-2902	980	16	the	the	DET
cblr-2902	980	17	outside	outside	ADJ
cblr-2902	980	18	world	world	NOUN
cblr-2902	980	19	-	-	PUNCT
cblr-2902	980	20	to	to	PART
cblr-2902	980	21	believe	believe	VERB
cblr-2902	980	22	in	in	ADP
cblr-2902	980	23	the	the	DET
cblr-2902	980	24	client	client	NOUN
cblr-2902	980	25	's	's	PART
cblr-2902	980	26	success	success	NOUN
cblr-2902	980	27	,	,	PUNCT
cblr-2902	980	28	while	while	SCONJ
cblr-2902	980	29	its	its	PRON
cblr-2902	980	30	true	true	ADJ
cblr-2902	980	31	opinion	opinion	NOUN
cblr-2902	980	32	may	may	AUX
cblr-2902	980	33	be	be	AUX
cblr-2902	980	34	considerably	considerably	ADV
cblr-2902	980	35	less	less	ADV
cblr-2902	980	36	sanguine	sanguine	ADJ
cblr-2902	980	37	.	.	PUNCT
cblr-2902	981	1	89	89	NUM
cblr-2902	981	2	because	because	SCONJ
cblr-2902	981	3	credit	credit	NOUN
cblr-2902	981	4	default	default	NOUN
cblr-2902	981	5	swaps	swap	NOUN
cblr-2902	981	6	are	be	AUX
cblr-2902	981	7	not	not	PART
cblr-2902	981	8	disclosed	disclose	VERB
cblr-2902	981	9	on	on	ADP
cblr-2902	981	10	a	a	DET
cblr-2902	981	11	balance	balance	NOUN
cblr-2902	981	12	sheet	sheet	NOUN
cblr-2902	981	13	,	,	PUNCT
cblr-2902	981	14	through	through	ADP
cblr-2902	981	15	u.c.c	u.c.c	NOUN
cblr-2902	981	16	.	.	PUNCT
cblr-2902	982	1	filings	filing	NOUN
cblr-2902	982	2	,	,	PUNCT
cblr-2902	982	3	through	through	ADP
cblr-2902	982	4	an	an	DET
cblr-2902	982	5	exchange	exchange	NOUN
cblr-2902	982	6	,	,	PUNCT
cblr-2902	982	7	or	or	CCONJ
cblr-2902	982	8	pursuant	pursuant	ADJ
cblr-2902	982	9	to	to	ADP
cblr-2902	982	10	any	any	DET
cblr-2902	982	11	mandatory	mandatory	ADJ
cblr-2902	982	12	regulation	regulation	NOUN
cblr-2902	982	13	,	,	PUNCT
cblr-2902	982	14	cds	cd	NOUN
cblr-2902	982	15	trades	trade	NOUN
cblr-2902	982	16	are	be	AUX
cblr-2902	982	17	generally	generally	ADV
cblr-2902	982	18	less	less	ADV
cblr-2902	982	19	transparent	transparent	ADJ
cblr-2902	982	20	than	than	ADP
cblr-2902	982	21	bond	bond	NOUN
cblr-2902	982	22	trades.9	trades.9	PROPN
cblr-2902	982	23	o	o	PROPN
cblr-2902	982	24	in	in	ADP
cblr-2902	982	25	other	other	ADJ
cblr-2902	982	26	words	word	NOUN
cblr-2902	982	27	,	,	PUNCT
cblr-2902	982	28	whereas	whereas	SCONJ
cblr-2902	982	29	selling	sell	VERB
cblr-2902	982	30	a	a	DET
cblr-2902	982	31	large	large	ADJ
cblr-2902	982	32	amount	amount	NOUN
cblr-2902	982	33	of	of	ADP
cblr-2902	982	34	bonds	bond	NOUN
cblr-2902	982	35	or	or	CCONJ
cblr-2902	982	36	bank	bank	NOUN
cblr-2902	982	37	debt	debt	NOUN
cblr-2902	982	38	may	may	AUX
cblr-2902	982	39	be	be	AUX
cblr-2902	982	40	the	the	DET
cblr-2902	982	41	equivalent	equivalent	NOUN
cblr-2902	982	42	of	of	ADP
cblr-2902	982	43	stating	state	VERB
cblr-2902	982	44	one	one	PRON
cblr-2902	982	45	's	's	PART
cblr-2902	982	46	vote	vote	NOUN
cblr-2902	982	47	during	during	ADP
cblr-2902	982	48	a	a	DET
cblr-2902	982	49	roll	roll	NOUN
cblr-2902	982	50	call	call	NOUN
cblr-2902	982	51	,	,	PUNCT
cblr-2902	982	52	buying	buy	VERB
cblr-2902	982	53	credit	credit	NOUN
cblr-2902	982	54	default	default	NOUN
cblr-2902	982	55	swap	swap	NOUN
cblr-2902	982	56	protection	protection	NOUN
cblr-2902	982	57	can	can	AUX
cblr-2902	982	58	more	more	ADV
cblr-2902	982	59	closely	closely	ADV
cblr-2902	982	60	resemble	resemble	VERB
cblr-2902	982	61	casting	cast	VERB
cblr-2902	982	62	a	a	DET
cblr-2902	982	63	secret	secret	ADJ
cblr-2902	982	64	ballot	ballot	NOUN
cblr-2902	982	65	.	.	PUNCT
cblr-2902	983	1	however	however	ADV
cblr-2902	983	2	,	,	PUNCT
cblr-2902	983	3	the	the	DET
cblr-2902	983	4	secrecy	secrecy	NOUN
cblr-2902	983	5	and	and	CCONJ
cblr-2902	983	6	anonymity	anonymity	NOUN
cblr-2902	983	7	of	of	ADP
cblr-2902	983	8	the	the	DET
cblr-2902	983	9	cds	cds	NOUN
cblr-2902	983	10	market	market	NOUN
cblr-2902	983	11	could	could	AUX
cblr-2902	983	12	also	also	ADV
cblr-2902	983	13	make	make	VERB
cblr-2902	983	14	it	it	PRON
cblr-2902	983	15	an	an	DET
cblr-2902	983	16	attractive	attractive	ADJ
cblr-2902	983	17	vehicle	vehicle	NOUN
cblr-2902	983	18	for	for	ADP
cblr-2902	983	19	market	market	NOUN
cblr-2902	983	20	manipulation	manipulation	NOUN
cblr-2902	983	21	.	.	PUNCT
cblr-2902	983	22	'	'	PUNCT
cblr-2902	984	1	9	9	NUM
cblr-2902	984	2	'	'	PUNCT
cblr-2902	984	3	swindle	swindle	NOUN
cblr-2902	984	4	,	,	PUNCT
cblr-2902	984	5	rolling	roll	VERB
cblr-2902	984	6	stone	stone	NOUN
cblr-2902	984	7	,	,	PUNCT
cblr-2902	984	8	apr	apr	NOUN
cblr-2902	984	9	.	.	PROPN
cblr-2902	984	10	5	5	NUM
cblr-2902	984	11	,	,	PUNCT
cblr-2902	984	12	2010	2010	NUM
cblr-2902	984	13	,	,	PUNCT
cblr-2902	984	14	available	available	ADJ
cblr-2902	984	15	at	at	ADP
cblr-2902	984	16	http://www	http://www	PROPN
cblr-2902	984	17	.	.	PUNCT
cblr-2902	984	18	rollingstone.com/politics/news/12697/64824	rollingstone.com/politics/news/12697/64824	PROPN
cblr-2902	984	19	(	(	PUNCT
cblr-2902	984	20	suggesting	suggest	VERB
cblr-2902	984	21	that	that	SCONJ
cblr-2902	984	22	regulators	regulator	NOUN
cblr-2902	984	23	should	should	AUX
cblr-2902	984	24	be	be	AUX
cblr-2902	984	25	suspicious	suspicious	ADJ
cblr-2902	984	26	of	of	ADP
cblr-2902	984	27	significant	significant	ADJ
cblr-2902	984	28	naked	naked	ADJ
cblr-2902	984	29	short	short	ADJ
cblr-2902	984	30	selling	selling	NOUN
cblr-2902	984	31	activity	activity	NOUN
cblr-2902	984	32	)	)	PUNCT
cblr-2902	984	33	.	.	PUNCT
cblr-2902	985	1	1	1	NUM
cblr-2902	985	2	"	"	PUNCT
cblr-2902	985	3	see	see	VERB
cblr-2902	985	4	tett	tett	NOUN
cblr-2902	985	5	,	,	PUNCT
cblr-2902	985	6	supra	supra	PROPN
cblr-2902	985	7	note	note	PROPN
cblr-2902	985	8	173	173	NUM
cblr-2902	985	9	,	,	PUNCT
cblr-2902	985	10	at	at	ADP
cblr-2902	985	11	57	57	NUM
cblr-2902	985	12	(	(	PUNCT
cblr-2902	985	13	calling	call	VERB
cblr-2902	985	14	credit	credit	NOUN
cblr-2902	985	15	default	default	NOUN
cblr-2902	985	16	swaps	swap	NOUN
cblr-2902	985	17	"	"	PUNCT
cblr-2902	985	18	a	a	DET
cblr-2902	985	19	way	way	NOUN
cblr-2902	985	20	to	to	PART
cblr-2902	985	21	maintain	maintain	VERB
cblr-2902	985	22	'	'	PUNCT
cblr-2902	985	23	client	client	NOUN
cblr-2902	985	24	confidentiality	confidentiality	NOUN
cblr-2902	985	25	'	'	PUNCT
cblr-2902	985	26	even	even	ADV
cblr-2902	985	27	while	while	SCONJ
cblr-2902	985	28	reshaping	reshape	VERB
cblr-2902	985	29	a	a	DET
cblr-2902	985	30	bank	bank	NOUN
cblr-2902	985	31	's	's	PART
cblr-2902	985	32	balance	balance	NOUN
cblr-2902	985	33	sheet	sheet	NOUN
cblr-2902	985	34	"	"	PUNCT
cblr-2902	985	35	)	)	PUNCT
cblr-2902	985	36	.	.	PUNCT
cblr-2902	986	1	189	189	NUM
cblr-2902	986	2	see	see	VERB
cblr-2902	986	3	simkovic	simkovic	ADJ
cblr-2902	986	4	,	,	PUNCT
cblr-2902	986	5	supra	supra	PROPN
cblr-2902	986	6	note	note	NOUN
cblr-2902	986	7	1	1	NUM
cblr-2902	986	8	,	,	PUNCT
cblr-2902	986	9	at	at	ADP
cblr-2902	986	10	270	270	NUM
cblr-2902	986	11	(	(	PUNCT
cblr-2902	986	12	noting	note	VERB
cblr-2902	986	13	that	that	SCONJ
cblr-2902	986	14	banks	bank	NOUN
cblr-2902	986	15	offloaded	offload	VERB
cblr-2902	986	16	mortgage	mortgage	NOUN
cblr-2902	986	17	risk	risk	NOUN
cblr-2902	986	18	prior	prior	ADV
cblr-2902	986	19	to	to	ADP
cblr-2902	986	20	the	the	DET
cblr-2902	986	21	subprime	subprime	ADJ
cblr-2902	986	22	crisis	crisis	NOUN
cblr-2902	986	23	while	while	SCONJ
cblr-2902	986	24	appearing	appear	VERB
cblr-2902	986	25	to	to	PART
cblr-2902	986	26	hold	hold	VERB
cblr-2902	986	27	mortgage	mortgage	NOUN
cblr-2902	986	28	-	-	PUNCT
cblr-2902	986	29	backed	back	VERB
cblr-2902	986	30	bonds	bond	NOUN
cblr-2902	986	31	on	on	ADP
cblr-2902	986	32	their	their	PRON
cblr-2902	986	33	balance	balance	NOUN
cblr-2902	986	34	sheet	sheet	NOUN
cblr-2902	986	35	)	)	PUNCT
cblr-2902	986	36	.	.	PUNCT
cblr-2902	987	1	'	'	PUNCT
cblr-2902	987	2	90	90	NUM
cblr-2902	987	3	see	see	VERB
cblr-2902	987	4	i	i	PRON
cblr-2902	987	5	d.	d.	PROPN
cblr-2902	987	6	at	at	ADP
cblr-2902	987	7	271	271	NUM
cblr-2902	987	8	-	-	SYM
cblr-2902	987	9	79	79	NUM
cblr-2902	987	10	.	.	PUNCT
cblr-2902	988	1	'	'	PUNCT
cblr-2902	988	2	9	9	NUM
cblr-2902	988	3	'	'	PUNCT
cblr-2902	988	4	see	see	PROPN
cblr-2902	988	5	lewis	lewis	PROPN
cblr-2902	988	6	,	,	PUNCT
cblr-2902	988	7	supra	supra	PROPN
cblr-2902	988	8	note	note	PROPN
cblr-2902	988	9	172	172	NUM
cblr-2902	988	10	,	,	PUNCT
cblr-2902	988	11	at	at	ADP
cblr-2902	988	12	164	164	NUM
cblr-2902	988	13	-	-	SYM
cblr-2902	988	14	66	66	NUM
cblr-2902	988	15	,	,	PUNCT
cblr-2902	988	16	184	184	NUM
cblr-2902	988	17	-	-	SYM
cblr-2902	988	18	86	86	NUM
cblr-2902	988	19	,	,	PUNCT
cblr-2902	988	20	194	194	NUM
cblr-2902	988	21	-	-	SYM
cblr-2902	988	22	96	96	NUM
cblr-2902	988	23	,	,	PUNCT
cblr-2902	988	24	219	219	NUM
cblr-2902	988	25	,	,	PUNCT
cblr-2902	988	26	221	221	NUM
cblr-2902	988	27	(	(	PUNCT
cblr-2902	988	28	describing	describe	VERB
cblr-2902	988	29	an	an	DET
cblr-2902	988	30	alleged	allege	VERB
cblr-2902	988	31	pattern	pattern	NOUN
cblr-2902	988	32	of	of	ADP
cblr-2902	988	33	market	market	NOUN
cblr-2902	988	34	manipulation	manipulation	NOUN
cblr-2902	988	35	by	by	ADP
cblr-2902	988	36	dealers	dealer	NOUN
cblr-2902	988	37	in	in	ADP
cblr-2902	988	38	the	the	DET
cblr-2902	988	39	illiquid	illiquid	ADJ
cblr-2902	988	40	market	market	NOUN
cblr-2902	988	41	for	for	ADP
cblr-2902	988	42	credit	credit	NOUN
cblr-2902	988	43	default	default	NOUN
cblr-2902	988	44	swaps	swap	NOUN
cblr-2902	988	45	on	on	ADP
cblr-2902	988	46	mortgage	mortgage	NOUN
cblr-2902	988	47	bonds	bond	NOUN
cblr-2902	988	48	)	)	PUNCT
cblr-2902	988	49	.	.	PUNCT
cblr-2902	989	1	no	no	INTJ
cblr-2902	989	2	.	.	NOUN
cblr-2902	990	1	1	1	NUM
cblr-2902	990	2	:	:	SYM
cblr-2902	990	3	118]1	118]1	NUM
cblr-2902	990	4	179	179	NUM
cblr-2902	990	5	columbia	columbia	PROPN
cblr-2902	990	6	business	business	NOUN
cblr-2902	990	7	law	law	PROPN
cblr-2902	990	8	review	review	VERB
cblr-2902	990	9	d.	d.	PROPN
cblr-2902	990	10	courts	court	NOUN
cblr-2902	990	11	can	can	AUX
cblr-2902	990	12	reduce	reduce	VERB
cblr-2902	990	13	the	the	DET
cblr-2902	990	14	risk	risk	NOUN
cblr-2902	990	15	of	of	ADP
cblr-2902	990	16	market	market	NOUN
cblr-2902	990	17	manipulation	manipulation	NOUN
cblr-2902	990	18	if	if	SCONJ
cblr-2902	990	19	courts	court	NOUN
cblr-2902	990	20	or	or	CCONJ
cblr-2902	990	21	regulators	regulator	NOUN
cblr-2902	990	22	rely	rely	VERB
cblr-2902	990	23	heavily	heavily	ADV
cblr-2902	990	24	on	on	ADP
cblr-2902	990	25	a	a	DET
cblr-2902	990	26	single	single	ADJ
cblr-2902	990	27	indicator	indicator	NOUN
cblr-2902	990	28	of	of	ADP
cblr-2902	990	29	the	the	DET
cblr-2902	990	30	probability	probability	NOUN
cblr-2902	990	31	of	of	ADP
cblr-2902	990	32	default	default	NOUN
cblr-2902	990	33	,	,	PUNCT
cblr-2902	990	34	such	such	ADJ
cblr-2902	990	35	reliance	reliance	NOUN
cblr-2902	990	36	will	will	AUX
cblr-2902	990	37	increase	increase	VERB
cblr-2902	990	38	market	market	NOUN
cblr-2902	990	39	participants	participant	NOUN
cblr-2902	990	40	'	'	PART
cblr-2902	990	41	incentive	incentive	NOUN
cblr-2902	990	42	to	to	PART
cblr-2902	990	43	manipulate	manipulate	VERB
cblr-2902	990	44	that	that	DET
cblr-2902	990	45	indicator	indicator	NOUN
cblr-2902	990	46	.	.	PUNCT
cblr-2902	991	1	for	for	ADP
cblr-2902	991	2	example	example	NOUN
cblr-2902	991	3	,	,	PUNCT
cblr-2902	991	4	an	an	DET
cblr-2902	991	5	activist	activist	ADJ
cblr-2902	991	6	hedge	hedge	NOUN
cblr-2902	991	7	fund	fund	NOUN
cblr-2902	991	8	with	with	ADP
cblr-2902	991	9	a	a	DET
cblr-2902	991	10	large	large	ADJ
cblr-2902	991	11	position	position	NOUN
cblr-2902	991	12	in	in	ADP
cblr-2902	991	13	an	an	DET
cblr-2902	991	14	individual	individual	ADJ
cblr-2902	991	15	debtor	debtor	NOUN
cblr-2902	991	16	's	's	PART
cblr-2902	991	17	bonds	bond	NOUN
cblr-2902	991	18	might	might	AUX
cblr-2902	991	19	attempt	attempt	VERB
cblr-2902	991	20	to	to	PART
cblr-2902	991	21	push	push	VERB
cblr-2902	991	22	down	down	ADP
cblr-2902	991	23	the	the	DET
cblr-2902	991	24	price	price	NOUN
cblr-2902	991	25	of	of	ADP
cblr-2902	991	26	those	those	DET
cblr-2902	991	27	bonds	bond	NOUN
cblr-2902	991	28	(	(	PUNCT
cblr-2902	991	29	and	and	CCONJ
cblr-2902	991	30	thereby	thereby	ADV
cblr-2902	991	31	increase	increase	VERB
cblr-2902	991	32	the	the	DET
cblr-2902	991	33	bond	bond	NOUN
cblr-2902	991	34	spread	spread	VERB
cblr-2902	991	35	)	)	PUNCT
cblr-2902	991	36	around	around	ADP
cblr-2902	991	37	the	the	DET
cblr-2902	991	38	time	time	NOUN
cblr-2902	991	39	of	of	ADP
cblr-2902	991	40	a	a	DET
cblr-2902	991	41	leveraging	leverage	VERB
cblr-2902	991	42	transaction	transaction	NOUN
cblr-2902	991	43	in	in	ADP
cblr-2902	991	44	order	order	NOUN
cblr-2902	991	45	to	to	PART
cblr-2902	991	46	establish	establish	VERB
cblr-2902	991	47	a	a	DET
cblr-2902	991	48	future	future	ADJ
cblr-2902	991	49	claim	claim	NOUN
cblr-2902	991	50	for	for	ADP
cblr-2902	991	51	fraudulent	fraudulent	ADJ
cblr-2902	991	52	transfer	transfer	NOUN
cblr-2902	991	53	.	.	PUNCT
cblr-2902	992	1	similarly	similarly	ADV
cblr-2902	992	2	,	,	PUNCT
cblr-2902	992	3	equity	equity	NOUN
cblr-2902	992	4	holders	holder	NOUN
cblr-2902	992	5	or	or	CCONJ
cblr-2902	992	6	banks	bank	NOUN
cblr-2902	992	7	that	that	PRON
cblr-2902	992	8	stand	stand	VERB
cblr-2902	992	9	to	to	PART
cblr-2902	992	10	benefit	benefit	VERB
cblr-2902	992	11	from	from	ADP
cblr-2902	992	12	such	such	DET
cblr-2902	992	13	a	a	DET
cblr-2902	992	14	transaction	transaction	NOUN
cblr-2902	992	15	might	might	AUX
cblr-2902	992	16	attempt	attempt	VERB
cblr-2902	992	17	to	to	PART
cblr-2902	992	18	temporarily	temporarily	ADV
cblr-2902	992	19	support	support	VERB
cblr-2902	992	20	the	the	DET
cblr-2902	992	21	price	price	NOUN
cblr-2902	992	22	of	of	ADP
cblr-2902	992	23	the	the	DET
cblr-2902	992	24	bonds	bond	NOUN
cblr-2902	992	25	in	in	ADP
cblr-2902	992	26	order	order	NOUN
cblr-2902	992	27	to	to	PART
cblr-2902	992	28	minimize	minimize	VERB
cblr-2902	992	29	the	the	DET
cblr-2902	992	30	risk	risk	NOUN
cblr-2902	992	31	of	of	ADP
cblr-2902	992	32	a	a	DET
cblr-2902	992	33	claim	claim	NOUN
cblr-2902	992	34	for	for	ADP
cblr-2902	992	35	fraudulent	fraudulent	ADJ
cblr-2902	992	36	transfer	transfer	NOUN
cblr-2902	992	37	.	.	PUNCT
cblr-2902	993	1	market	market	NOUN
cblr-2902	993	2	manipulation	manipulation	NOUN
cblr-2902	993	3	is	be	AUX
cblr-2902	993	4	generally	generally	ADV
cblr-2902	993	5	prohibited	prohibit	VERB
cblr-2902	993	6	by	by	ADP
cblr-2902	993	7	sections	section	NOUN
cblr-2902	993	8	9	9	NUM
cblr-2902	993	9	and	and	CCONJ
cblr-2902	993	10	10	10	NUM
cblr-2902	993	11	of	of	ADP
cblr-2902	993	12	the	the	DET
cblr-2902	993	13	securities	securities	PROPN
cblr-2902	993	14	and	and	CCONJ
cblr-2902	993	15	exchange	exchange	PROPN
cblr-2902	993	16	act	act	NOUN
cblr-2902	993	17	of	of	ADP
cblr-2902	993	18	1934	1934	NUM
cblr-2902	993	19	,	,	PUNCT
cblr-2902	993	20	as	as	ADV
cblr-2902	993	21	well	well	ADV
cblr-2902	993	22	as	as	ADP
cblr-2902	993	23	the	the	DET
cblr-2902	993	24	u.s	u.s	PROPN
cblr-2902	993	25	.	.	PROPN
cblr-2902	993	26	commodity	commodity	PROPN
cblr-2902	993	27	futures	futures	PROPN
cblr-2902	993	28	trading	trading	PROPN
cblr-2902	993	29	commission	commission	PROPN
cblr-2902	993	30	's	's	PART
cblr-2902	993	31	rules	rule	NOUN
cblr-2902	993	32	and	and	CCONJ
cblr-2902	993	33	regulations	regulation	NOUN
cblr-2902	993	34	,	,	PUNCT
cblr-2902	993	35	but	but	CCONJ
cblr-2902	993	36	it	it	PRON
cblr-2902	993	37	is	be	AUX
cblr-2902	993	38	probably	probably	ADV
cblr-2902	993	39	safe	safe	ADJ
cblr-2902	993	40	to	to	PART
cblr-2902	993	41	assume	assume	VERB
cblr-2902	993	42	that	that	SCONJ
cblr-2902	993	43	enforcement	enforcement	NOUN
cblr-2902	993	44	is	be	AUX
cblr-2902	993	45	less	less	ADJ
cblr-2902	993	46	than	than	ADP
cblr-2902	993	47	completely	completely	ADV
cblr-2902	993	48	effective.1	effective.1	VERB
cblr-2902	993	49	92	92	NUM
cblr-2902	993	50	market	market	NOUN
cblr-2902	993	51	prices	price	NOUN
cblr-2902	993	52	of	of	ADP
cblr-2902	993	53	illiquid	illiquid	ADJ
cblr-2902	993	54	assets	asset	NOUN
cblr-2902	993	55	are	be	AUX
cblr-2902	993	56	less	less	ADV
cblr-2902	993	57	reliable	reliable	ADJ
cblr-2902	993	58	than	than	ADP
cblr-2902	993	59	market	market	NOUN
cblr-2902	993	60	prices	price	NOUN
cblr-2902	993	61	of	of	ADP
cblr-2902	993	62	liquid	liquid	ADJ
cblr-2902	993	63	assets	asset	NOUN
cblr-2902	993	64	because	because	SCONJ
cblr-2902	993	65	a	a	DET
cblr-2902	993	66	relatively	relatively	ADV
cblr-2902	993	67	small	small	ADJ
cblr-2902	993	68	transaction	transaction	NOUN
cblr-2902	993	69	in	in	ADP
cblr-2902	993	70	an	an	DET
cblr-2902	993	71	illiquid	illiquid	ADJ
cblr-2902	993	72	market	market	NOUN
cblr-2902	993	73	can	can	AUX
cblr-2902	993	74	lead	lead	VERB
cblr-2902	993	75	to	to	ADP
cblr-2902	993	76	a	a	DET
cblr-2902	993	77	large	large	ADJ
cblr-2902	993	78	change	change	NOUN
cblr-2902	993	79	in	in	ADP
cblr-2902	993	80	the	the	DET
cblr-2902	993	81	volume	volume	NOUN
cblr-2902	993	82	-	-	PUNCT
cblr-2902	993	83	weighted	weight	VERB
cblr-2902	993	84	average	average	ADJ
cblr-2902	993	85	price	price	NOUN
cblr-2902	993	86	.	.	PUNCT
cblr-2902	994	1	to	to	PART
cblr-2902	994	2	give	give	VERB
cblr-2902	994	3	a	a	DET
cblr-2902	994	4	concrete	concrete	ADJ
cblr-2902	994	5	example	example	NOUN
cblr-2902	994	6	,	,	PUNCT
cblr-2902	994	7	if	if	SCONJ
cblr-2902	994	8	$	$	SYM
cblr-2902	994	9	10	10	NUM
cblr-2902	994	10	million	million	NUM
cblr-2902	994	11	worth	worth	NOUN
cblr-2902	994	12	of	of	ADP
cblr-2902	994	13	bonds	bond	NOUN
cblr-2902	994	14	typically	typically	ADV
cblr-2902	994	15	trade	trade	VERB
cblr-2902	994	16	hands	hand	NOUN
cblr-2902	994	17	each	each	DET
cblr-2902	994	18	day	day	NOUN
cblr-2902	994	19	and	and	CCONJ
cblr-2902	994	20	an	an	DET
cblr-2902	994	21	investor	investor	NOUN
cblr-2902	994	22	suddenly	suddenly	ADV
cblr-2902	994	23	attempts	attempt	VERB
cblr-2902	994	24	to	to	PART
cblr-2902	994	25	sell	sell	VERB
cblr-2902	994	26	$	$	SYM
cblr-2902	994	27	50	50	NUM
cblr-2902	994	28	million	million	NUM
cblr-2902	994	29	of	of	ADP
cblr-2902	994	30	bonds	bond	NOUN
cblr-2902	994	31	in	in	ADP
cblr-2902	994	32	one	one	NUM
cblr-2902	994	33	day	day	NOUN
cblr-2902	994	34	,	,	PUNCT
cblr-2902	994	35	there	there	PRON
cblr-2902	994	36	will	will	AUX
cblr-2902	994	37	likely	likely	ADV
cblr-2902	994	38	be	be	AUX
cblr-2902	994	39	an	an	DET
cblr-2902	994	40	insufficient	insufficient	ADJ
cblr-2902	994	41	number	number	NOUN
cblr-2902	994	42	of	of	ADP
cblr-2902	994	43	buyers	buyer	NOUN
cblr-2902	994	44	at	at	ADP
cblr-2902	994	45	the	the	DET
cblr-2902	994	46	most	most	ADV
cblr-2902	994	47	recent	recent	ADJ
cblr-2902	994	48	market	market	NOUN
cblr-2902	994	49	price	price	NOUN
cblr-2902	994	50	and	and	CCONJ
cblr-2902	994	51	the	the	DET
cblr-2902	994	52	investor	investor	NOUN
cblr-2902	994	53	will	will	AUX
cblr-2902	994	54	have	have	VERB
cblr-2902	994	55	to	to	PART
cblr-2902	994	56	accept	accept	VERB
cblr-2902	994	57	a	a	DET
cblr-2902	994	58	price	price	NOUN
cblr-2902	994	59	significantly	significantly	ADV
cblr-2902	994	60	lower	low	ADJ
cblr-2902	994	61	than	than	ADP
cblr-2902	994	62	the	the	DET
cblr-2902	994	63	last	last	ADJ
cblr-2902	994	64	market	market	NOUN
cblr-2902	994	65	price	price	NOUN
cblr-2902	994	66	.	.	PUNCT
cblr-2902	995	1	on	on	ADP
cblr-2902	995	2	the	the	DET
cblr-2902	995	3	other	other	ADJ
cblr-2902	995	4	hand	hand	NOUN
cblr-2902	995	5	,	,	PUNCT
cblr-2902	995	6	if	if	SCONJ
cblr-2902	995	7	$	$	SYM
cblr-2902	995	8	1	1	NUM
cblr-2902	995	9	billion	billion	NUM
cblr-2902	995	10	worth	worth	NOUN
cblr-2902	995	11	of	of	ADP
cblr-2902	995	12	bonds	bond	NOUN
cblr-2902	995	13	trade	trade	VERB
cblr-2902	995	14	hands	hand	NOUN
cblr-2902	995	15	each	each	DET
cblr-2902	995	16	day	day	NOUN
cblr-2902	995	17	,	,	PUNCT
cblr-2902	995	18	the	the	DET
cblr-2902	995	19	market	market	NOUN
cblr-2902	995	20	can	can	AUX
cblr-2902	995	21	likely	likely	ADV
cblr-2902	995	22	absorb	absorb	VERB
cblr-2902	995	23	the	the	DET
cblr-2902	995	24	same	same	ADJ
cblr-2902	995	25	$	$	SYM
cblr-2902	995	26	50	50	NUM
cblr-2902	995	27	million	million	NUM
cblr-2902	995	28	transaction	transaction	NOUN
cblr-2902	995	29	without	without	ADP
cblr-2902	995	30	a	a	DET
cblr-2902	995	31	significant	significant	ADJ
cblr-2902	995	32	movement	movement	NOUN
cblr-2902	995	33	in	in	ADP
cblr-2902	995	34	price	price	NOUN
cblr-2902	995	35	.	.	PUNCT
cblr-2902	996	1	higher	high	ADJ
cblr-2902	996	2	trading	trading	NOUN
cblr-2902	996	3	volumes	volume	NOUN
cblr-2902	996	4	make	make	VERB
cblr-2902	996	5	market	market	NOUN
cblr-2902	996	6	manipulation	manipulation	NOUN
cblr-2902	996	7	more	more	ADV
cblr-2902	996	8	difficult	difficult	ADJ
cblr-2902	996	9	and	and	CCONJ
cblr-2902	996	10	more	more	ADV
cblr-2902	996	11	expensive	expensive	ADJ
cblr-2902	996	12	because	because	SCONJ
cblr-2902	996	13	more	more	ADJ
cblr-2902	996	14	capital	capital	NOUN
cblr-2902	996	15	must	must	AUX
cblr-2902	996	16	be	be	AUX
cblr-2902	996	17	'	'	PUNCT
cblr-2902	996	18	"	"	PUNCT
cblr-2902	996	19	see	see	VERB
cblr-2902	996	20	,	,	PUNCT
cblr-2902	996	21	e.g.	e.g.	ADV
cblr-2902	996	22	,	,	PUNCT
cblr-2902	996	23	franklin	franklin	PROPN
cblr-2902	996	24	allen	allen	PROPN
cblr-2902	996	25	,	,	PUNCT
cblr-2902	996	26	lubomir	lubomir	PROPN
cblr-2902	996	27	litov	litov	PROPN
cblr-2902	996	28	&	&	CCONJ
cblr-2902	996	29	jianping	jianping	PROPN
cblr-2902	996	30	mei	mei	PROPN
cblr-2902	996	31	,	,	PUNCT
cblr-2902	996	32	large	large	ADJ
cblr-2902	996	33	investors	investor	NOUN
cblr-2902	996	34	,	,	PUNCT
cblr-2902	996	35	price	price	NOUN
cblr-2902	996	36	manipulation	manipulation	NOUN
cblr-2902	996	37	,	,	PUNCT
cblr-2902	996	38	and	and	CCONJ
cblr-2902	996	39	the	the	DET
cblr-2902	996	40	limits	limit	NOUN
cblr-2902	996	41	to	to	PART
cblr-2902	996	42	arbitrage	arbitrage	VERB
cblr-2902	996	43	:	:	PUNCT
cblr-2902	996	44	an	an	DET
cblr-2902	996	45	anatomy	anatomy	NOUN
cblr-2902	996	46	of	of	ADP
cblr-2902	996	47	market	market	NOUN
cblr-2902	996	48	corners	corner	NOUN
cblr-2902	996	49	,	,	PUNCT
cblr-2902	996	50	at	at	ADP
cblr-2902	996	51	2	2	NUM
cblr-2902	996	52	(	(	PUNCT
cblr-2902	996	53	wharton	wharton	PROPN
cblr-2902	996	54	fin	fin	PROPN
cblr-2902	996	55	.	.	PUNCT
cblr-2902	996	56	inst	inst	PROPN
cblr-2902	996	57	.	.	PUNCT
cblr-2902	997	1	ctr	ctr	PROPN
cblr-2902	997	2	.	.	PROPN
cblr-2902	997	3	,	,	PUNCT
cblr-2902	997	4	working	work	VERB
cblr-2902	997	5	paper	paper	NOUN
cblr-2902	997	6	no	no	INTJ
cblr-2902	997	7	.	.	PROPN
cblr-2902	997	8	06	06	NUM
cblr-2902	997	9	-	-	SYM
cblr-2902	997	10	02	02	NUM
cblr-2902	997	11	,	,	PUNCT
cblr-2902	997	12	2006	2006	NUM
cblr-2902	997	13	)	)	PUNCT
cblr-2902	997	14	,	,	PUNCT
cblr-2902	997	15	available	available	ADJ
cblr-2902	997	16	at	at	ADP
cblr-2902	997	17	http://fic.wharton.upenn.edu/fic/papers/06/0602.pdf	http://fic.wharton.upenn.edu/fic/papers/06/0602.pdf	NOUN
cblr-2902	997	18	.	.	PUNCT
cblr-2902	998	1	180	180	NUM
cblr-2902	999	1	[	[	X
cblr-2902	999	2	vol	vol	NOUN
cblr-2902	999	3	.	.	PUNCT
cblr-2902	1000	1	201	201	NUM
cblr-2902	1000	2	1	1	NUM
cblr-2902	1000	3	leveraged	leverage	VERB
cblr-2902	1000	4	buyout	buyout	NOUN
cblr-2902	1000	5	bankruptcies	bankruptcy	NOUN
cblr-2902	1000	6	deployed	deploy	VERB
cblr-2902	1000	7	to	to	PART
cblr-2902	1000	8	move	move	VERB
cblr-2902	1000	9	the	the	DET
cblr-2902	1000	10	market	market	NOUN
cblr-2902	1000	11	price	price	NOUN
cblr-2902	1000	12	.	.	PUNCT
cblr-2902	1001	1	financial	financial	ADJ
cblr-2902	1001	2	market	market	NOUN
cblr-2902	1001	3	prices	price	NOUN
cblr-2902	1001	4	are	be	AUX
cblr-2902	1001	5	also	also	ADV
cblr-2902	1001	6	generally	generally	ADV
cblr-2902	1001	7	more	more	ADV
cblr-2902	1001	8	reliable	reliable	ADJ
cblr-2902	1001	9	when	when	SCONJ
cblr-2902	1001	10	trading	trading	NOUN
cblr-2902	1001	11	volume	volume	NOUN
cblr-2902	1001	12	is	be	AUX
cblr-2902	1001	13	robust	robust	ADJ
cblr-2902	1001	14	.	.	PUNCT
cblr-2902	1002	1	prices	price	NOUN
cblr-2902	1002	2	generated	generate	VERB
cblr-2902	1002	3	through	through	ADP
cblr-2902	1002	4	low	low	ADJ
cblr-2902	1002	5	-	-	PUNCT
cblr-2902	1002	6	volume	volume	NOUN
cblr-2902	1002	7	trades	trade	NOUN
cblr-2902	1002	8	are	be	AUX
cblr-2902	1002	9	unlikely	unlikely	ADJ
cblr-2902	1002	10	to	to	PART
cblr-2902	1002	11	represent	represent	VERB
cblr-2902	1002	12	the	the	DET
cblr-2902	1002	13	collective	collective	ADJ
cblr-2902	1002	14	wisdom	wisdom	NOUN
cblr-2902	1002	15	of	of	ADP
cblr-2902	1002	16	market	market	NOUN
cblr-2902	1002	17	participants	participant	NOUN
cblr-2902	1002	18	for	for	ADP
cblr-2902	1002	19	the	the	DET
cblr-2902	1002	20	same	same	ADJ
cblr-2902	1002	21	reasons	reason	NOUN
cblr-2902	1002	22	that	that	PRON
cblr-2902	1002	23	election	election	NOUN
cblr-2902	1002	24	results	result	NOUN
cblr-2902	1002	25	with	with	ADP
cblr-2902	1002	26	low	low	ADJ
cblr-2902	1002	27	voter	voter	NOUN
cblr-2902	1002	28	turnouts	turnout	NOUN
cblr-2902	1002	29	are	be	AUX
cblr-2902	1002	30	unlikely	unlikely	ADJ
cblr-2902	1002	31	to	to	PART
cblr-2902	1002	32	reflect	reflect	VERB
cblr-2902	1002	33	the	the	DET
cblr-2902	1002	34	will	will	NOUN
cblr-2902	1002	35	of	of	ADP
cblr-2902	1002	36	the	the	DET
cblr-2902	1002	37	people	people	NOUN
cblr-2902	1002	38	-	-	PUNCT
cblr-2902	1002	39	the	the	DET
cblr-2902	1002	40	results	result	NOUN
cblr-2902	1002	41	only	only	ADV
cblr-2902	1002	42	reveal	reveal	VERB
cblr-2902	1002	43	the	the	DET
cblr-2902	1002	44	opinions	opinion	NOUN
cblr-2902	1002	45	of	of	ADP
cblr-2902	1002	46	a	a	DET
cblr-2902	1002	47	small	small	ADJ
cblr-2902	1002	48	minority	minority	NOUN
cblr-2902	1002	49	of	of	ADP
cblr-2902	1002	50	potential	potential	ADJ
cblr-2902	1002	51	decision	decision	NOUN
cblr-2902	1002	52	makers	maker	NOUN
cblr-2902	1002	53	who	who	PRON
cblr-2902	1002	54	participated	participate	VERB
cblr-2902	1002	55	.	.	PUNCT
cblr-2902	1003	1	higher	high	ADJ
cblr-2902	1003	2	trading	trading	NOUN
cblr-2902	1003	3	volumes	volume	NOUN
cblr-2902	1003	4	suggest	suggest	VERB
cblr-2902	1003	5	that	that	SCONJ
cblr-2902	1003	6	more	more	ADJ
cblr-2902	1003	7	firms	firm	NOUN
cblr-2902	1003	8	put	put	VERB
cblr-2902	1003	9	more	more	ADJ
cblr-2902	1003	10	capital	capital	NOUN
cblr-2902	1003	11	at	at	ADP
cblr-2902	1003	12	stake	stake	NOUN
cblr-2902	1003	13	and	and	CCONJ
cblr-2902	1003	14	expended	expend	VERB
cblr-2902	1003	15	more	more	ADJ
cblr-2902	1003	16	resources	resource	NOUN
cblr-2902	1003	17	evaluating	evaluate	VERB
cblr-2902	1003	18	the	the	DET
cblr-2902	1003	19	price	price	NOUN
cblr-2902	1003	20	at	at	ADP
cblr-2902	1003	21	which	which	PRON
cblr-2902	1003	22	the	the	DET
cblr-2902	1003	23	debt	debt	NOUN
cblr-2902	1003	24	should	should	AUX
cblr-2902	1003	25	trade	trade	VERB
cblr-2902	1003	26	.	.	PUNCT
cblr-2902	1004	1	higher	high	ADJ
cblr-2902	1004	2	trading	trading	NOUN
cblr-2902	1004	3	volumes	volume	NOUN
cblr-2902	1004	4	also	also	ADV
cblr-2902	1004	5	tend	tend	VERB
cblr-2902	1004	6	to	to	PART
cblr-2902	1004	7	reduce	reduce	VERB
cblr-2902	1004	8	transactions	transaction	NOUN
cblr-2902	1004	9	costs	cost	NOUN
cblr-2902	1004	10	and	and	CCONJ
cblr-2902	1004	11	make	make	VERB
cblr-2902	1004	12	markets	market	NOUN
cblr-2902	1004	13	more	more	ADV
cblr-2902	1004	14	efficient	efficient	ADJ
cblr-2902	1004	15	.	.	PUNCT
cblr-2902	1005	1	because	because	SCONJ
cblr-2902	1005	2	price	price	NOUN
cblr-2902	1005	3	disclosure	disclosure	NOUN
cblr-2902	1005	4	in	in	ADP
cblr-2902	1005	5	the	the	DET
cblr-2902	1005	6	cds	cd	NOUN
cblr-2902	1005	7	market	market	NOUN
cblr-2902	1005	8	is	be	AUX
cblr-2902	1005	9	voluntary	voluntary	ADJ
cblr-2902	1005	10	,	,	PUNCT
cblr-2902	1005	11	and	and	CCONJ
cblr-2902	1005	12	volume	volume	NOUN
cblr-2902	1005	13	-	-	PUNCT
cblr-2902	1005	14	weighted	weight	VERB
cblr-2902	1005	15	average	average	ADJ
cblr-2902	1005	16	price	price	NOUN
cblr-2902	1005	17	data	datum	NOUN
cblr-2902	1005	18	is	be	AUX
cblr-2902	1005	19	generally	generally	ADV
cblr-2902	1005	20	not	not	PART
cblr-2902	1005	21	available	available	ADJ
cblr-2902	1005	22	,	,	PUNCT
cblr-2902	1005	23	cds	cd	NOUN
cblr-2902	1005	24	markets	market	NOUN
cblr-2902	1005	25	are	be	AUX
cblr-2902	1005	26	probably	probably	ADV
cblr-2902	1005	27	vulnerable	vulnerable	ADJ
cblr-2902	1005	28	to	to	ADP
cblr-2902	1005	29	manipulation	manipulation	NOUN
cblr-2902	1005	30	,	,	PUNCT
cblr-2902	1005	31	even	even	ADV
cblr-2902	1005	32	with	with	ADP
cblr-2902	1005	33	higher	high	ADJ
cblr-2902	1005	34	volume	volume	NOUN
cblr-2902	1005	35	.	.	PUNCT
cblr-2902	1006	1	regulation	regulation	NOUN
cblr-2902	1006	2	in	in	ADP
cblr-2902	1006	3	otc	otc	PROPN
cblr-2902	1006	4	derivatives	derivative	NOUN
cblr-2902	1006	5	markets	market	NOUN
cblr-2902	1006	6	is	be	AUX
cblr-2902	1006	7	also	also	ADV
cblr-2902	1006	8	notoriously	notoriously	ADV
cblr-2902	1006	9	lax	lax	ADJ
cblr-2902	1006	10	.	.	PUNCT
cblr-2902	1007	1	to	to	PART
cblr-2902	1007	2	avoid	avoid	VERB
cblr-2902	1007	3	the	the	DET
cblr-2902	1007	4	problems	problem	NOUN
cblr-2902	1007	5	of	of	ADP
cblr-2902	1007	6	low	low	ADJ
cblr-2902	1007	7	volume	volume	NOUN
cblr-2902	1007	8	trades	trade	NOUN
cblr-2902	1007	9	,	,	PUNCT
cblr-2902	1007	10	it	it	PRON
cblr-2902	1007	11	may	may	AUX
cblr-2902	1007	12	be	be	AUX
cblr-2902	1007	13	advisable	advisable	ADJ
cblr-2902	1007	14	to	to	PART
cblr-2902	1007	15	consider	consider	VERB
cblr-2902	1007	16	the	the	DET
cblr-2902	1007	17	volume	volume	NOUN
cblr-2902	1007	18	-	-	PUNCT
cblr-2902	1007	19	weighted	weight	VERB
cblr-2902	1007	20	average	average	ADJ
cblr-2902	1007	21	price	price	NOUN
cblr-2902	1007	22	over	over	ADP
cblr-2902	1007	23	a	a	DET
cblr-2902	1007	24	period	period	NOUN
cblr-2902	1007	25	one	one	NUM
cblr-2902	1007	26	to	to	ADP
cblr-2902	1007	27	two	two	NUM
cblr-2902	1007	28	weeks	week	NOUN
cblr-2902	1007	29	before	before	ADP
cblr-2902	1007	30	or	or	CCONJ
cblr-2902	1007	31	after	after	ADP
cblr-2902	1007	32	the	the	DET
cblr-2902	1007	33	allegedly	allegedly	ADV
cblr-2902	1007	34	fraudulent	fraudulent	ADJ
cblr-2902	1007	35	transfer,193	transfer,193	INTJ
cblr-2902	1007	36	because	because	SCONJ
cblr-2902	1007	37	the	the	DET
cblr-2902	1007	38	total	total	ADJ
cblr-2902	1007	39	trading	trading	NOUN
cblr-2902	1007	40	volume	volume	NOUN
cblr-2902	1007	41	will	will	AUX
cblr-2902	1007	42	be	be	AUX
cblr-2902	1007	43	higher	high	ADJ
cblr-2902	1007	44	than	than	ADP
cblr-2902	1007	45	on	on	ADP
cblr-2902	1007	46	the	the	DET
cblr-2902	1007	47	day	day	NOUN
cblr-2902	1007	48	of	of	ADP
cblr-2902	1007	49	the	the	DET
cblr-2902	1007	50	alleged	allege	VERB
cblr-2902	1007	51	fraudulent	fraudulent	ADJ
cblr-2902	1007	52	transfer	transfer	NOUN
cblr-2902	1007	53	.	.	PUNCT
cblr-2902	1008	1	193	193	NUM
cblr-2902	1008	2	one	one	PRON
cblr-2902	1008	3	would	would	AUX
cblr-2902	1008	4	examine	examine	VERB
cblr-2902	1008	5	the	the	DET
cblr-2902	1008	6	period	period	NOUN
cblr-2902	1008	7	before	before	SCONJ
cblr-2902	1008	8	the	the	DET
cblr-2902	1008	9	alleged	allege	VERB
cblr-2902	1008	10	fraudulent	fraudulent	ADJ
cblr-2902	1008	11	transfer	transfer	NOUN
cblr-2902	1008	12	to	to	PART
cblr-2902	1008	13	assess	assess	VERB
cblr-2902	1008	14	claims	claim	NOUN
cblr-2902	1008	15	that	that	SCONJ
cblr-2902	1008	16	the	the	DET
cblr-2902	1008	17	transfer	transfer	NOUN
cblr-2902	1008	18	was	be	AUX
cblr-2902	1008	19	made	make	VERB
cblr-2902	1008	20	at	at	ADP
cblr-2902	1008	21	a	a	DET
cblr-2902	1008	22	time	time	NOUN
cblr-2902	1008	23	when	when	SCONJ
cblr-2902	1008	24	the	the	DET
cblr-2902	1008	25	debtor	debtor	NOUN
cblr-2902	1008	26	was	be	AUX
cblr-2902	1008	27	already	already	ADV
cblr-2902	1008	28	insolvent	insolvent	ADJ
cblr-2902	1008	29	,	,	PUNCT
cblr-2902	1008	30	while	while	SCONJ
cblr-2902	1008	31	one	one	PRON
cblr-2902	1008	32	would	would	AUX
cblr-2902	1008	33	examine	examine	VERB
cblr-2902	1008	34	the	the	DET
cblr-2902	1008	35	period	period	NOUN
cblr-2902	1008	36	after	after	ADP
cblr-2902	1008	37	the	the	DET
cblr-2902	1008	38	alleged	allege	VERB
cblr-2902	1008	39	fraudulent	fraudulent	ADJ
cblr-2902	1008	40	transfer	transfer	NOUN
cblr-2902	1008	41	to	to	PART
cblr-2902	1008	42	assess	assess	VERB
cblr-2902	1008	43	claims	claim	NOUN
cblr-2902	1008	44	that	that	SCONJ
cblr-2902	1008	45	the	the	DET
cblr-2902	1008	46	debtor	debtor	NOUN
cblr-2902	1008	47	,	,	PUNCT
cblr-2902	1008	48	though	though	SCONJ
cblr-2902	1008	49	financially	financially	ADV
cblr-2902	1008	50	healthy	healthy	ADJ
cblr-2902	1008	51	before	before	ADP
cblr-2902	1008	52	the	the	DET
cblr-2902	1008	53	alleged	allege	VERB
cblr-2902	1008	54	fraudulent	fraudulent	ADJ
cblr-2902	1008	55	transfer	transfer	NOUN
cblr-2902	1008	56	,	,	PUNCT
cblr-2902	1008	57	was	be	AUX
cblr-2902	1008	58	rendered	render	VERB
cblr-2902	1008	59	insolvent	insolvent	ADJ
cblr-2902	1008	60	as	as	ADP
cblr-2902	1008	61	a	a	DET
cblr-2902	1008	62	result	result	NOUN
cblr-2902	1008	63	of	of	ADP
cblr-2902	1008	64	the	the	DET
cblr-2902	1008	65	allegedly	allegedly	ADV
cblr-2902	1008	66	fraudulent	fraudulent	ADJ
cblr-2902	1008	67	transfer	transfer	NOUN
cblr-2902	1008	68	.	.	PUNCT
cblr-2902	1009	1	the	the	DET
cblr-2902	1009	2	distinction	distinction	NOUN
cblr-2902	1009	3	could	could	AUX
cblr-2902	1009	4	have	have	VERB
cblr-2902	1009	5	significant	significant	ADJ
cblr-2902	1009	6	consequences	consequence	NOUN
cblr-2902	1009	7	for	for	ADP
cblr-2902	1009	8	the	the	DET
cblr-2902	1009	9	outcome	outcome	NOUN
cblr-2902	1009	10	of	of	ADP
cblr-2902	1009	11	the	the	DET
cblr-2902	1009	12	case	case	NOUN
cblr-2902	1009	13	.	.	PUNCT
cblr-2902	1010	1	courts	court	NOUN
cblr-2902	1010	2	generally	generally	ADV
cblr-2902	1010	3	view	view	VERB
cblr-2902	1010	4	transfers	transfer	NOUN
cblr-2902	1010	5	at	at	ADP
cblr-2902	1010	6	a	a	DET
cblr-2902	1010	7	time	time	NOUN
cblr-2902	1010	8	when	when	SCONJ
cblr-2902	1010	9	a	a	DET
cblr-2902	1010	10	debtor	debtor	NOUN
cblr-2902	1010	11	is	be	AUX
cblr-2902	1010	12	already	already	ADV
cblr-2902	1010	13	insolvent	insolvent	ADJ
cblr-2902	1010	14	as	as	ADP
cblr-2902	1010	15	involving	involve	VERB
cblr-2902	1010	16	a	a	DET
cblr-2902	1010	17	much	much	ADV
cblr-2902	1010	18	more	more	ADV
cblr-2902	1010	19	severe	severe	ADJ
cblr-2902	1010	20	degree	degree	NOUN
cblr-2902	1010	21	of	of	ADP
cblr-2902	1010	22	fraud	fraud	NOUN
cblr-2902	1010	23	-	-	PUNCT
cblr-2902	1010	24	requiring	require	VERB
cblr-2902	1010	25	a	a	DET
cblr-2902	1010	26	more	more	ADV
cblr-2902	1010	27	severe	severe	ADJ
cblr-2902	1010	28	remedy	remedy	NOUN
cblr-2902	1010	29	-	-	PUNCT
cblr-2902	1010	30	than	than	ADP
cblr-2902	1010	31	transfers	transfer	NOUN
cblr-2902	1010	32	that	that	PRON
cblr-2902	1010	33	merely	merely	ADV
cblr-2902	1010	34	render	render	VERB
cblr-2902	1010	35	a	a	DET
cblr-2902	1010	36	debtor	debtor	NOUN
cblr-2902	1010	37	insolvent	insolvent	NOUN
cblr-2902	1010	38	.	.	PUNCT
cblr-2902	1011	1	compare	compare	VERB
cblr-2902	1011	2	united	united	PROPN
cblr-2902	1011	3	states	states	PROPN
cblr-2902	1011	4	v.	v.	ADP
cblr-2902	1011	5	tabor	tabor	PROPN
cblr-2902	1011	6	court	court	PROPN
cblr-2902	1011	7	realty	realty	PROPN
cblr-2902	1011	8	corp	corp	PROPN
cblr-2902	1011	9	.	.	PROPN
cblr-2902	1011	10	,	,	PUNCT
cblr-2902	1011	11	803	803	NUM
cblr-2902	1011	12	f.2d	f.2d	NOUN
cblr-2902	1011	13	1288	1288	NUM
cblr-2902	1011	14	,	,	PUNCT
cblr-2902	1011	15	1307	1307	NUM
cblr-2902	1011	16	(	(	PUNCT
cblr-2902	1011	17	3d	3d	NUM
cblr-2902	1011	18	cir	cir	NOUN
cblr-2902	1011	19	.	.	PROPN
cblr-2902	1011	20	1986	1986	NUM
cblr-2902	1011	21	)	)	PUNCT
cblr-2902	1011	22	,	,	PUNCT
cblr-2902	1011	23	cert	cert	PROPN
cblr-2902	1011	24	.	.	PUNCT
cblr-2902	1012	1	denied	deny	VERB
cblr-2902	1012	2	,	,	PUNCT
cblr-2902	1012	3	mcclellan	mcclellan	PROPN
cblr-2902	1012	4	realty	realty	PROPN
cblr-2902	1012	5	co.	co.	PROPN
cblr-2902	1013	1	v.	v.	ADP
cblr-2902	1013	2	united	united	PROPN
cblr-2902	1013	3	states	states	PROPN
cblr-2902	1013	4	,	,	PUNCT
cblr-2902	1014	1	483	483	NUM
cblr-2902	1014	2	u.s	u.s	PROPN
cblr-2902	1014	3	.	.	PROPN
cblr-2902	1014	4	1005	1005	NUM
cblr-2902	1014	5	(	(	PUNCT
cblr-2902	1014	6	1987	1987	NUM
cblr-2902	1014	7	)	)	PUNCT
cblr-2902	1014	8	(	(	PUNCT
cblr-2902	1014	9	largely	largely	ADV
cblr-2902	1014	10	voiding	void	VERB
cblr-2902	1014	11	both	both	CCONJ
cblr-2902	1014	12	the	the	DET
cblr-2902	1014	13	liens	lien	NOUN
cblr-2902	1014	14	and	and	CCONJ
cblr-2902	1014	15	the	the	DET
cblr-2902	1014	16	underlying	underlie	VERB
cblr-2902	1014	17	obligations	obligation	NOUN
cblr-2902	1014	18	of	of	ADP
cblr-2902	1014	19	the	the	DET
cblr-2902	1014	20	lbo	lbo	PROPN
cblr-2902	1014	21	lenders	lender	NOUN
cblr-2902	1014	22	'	'	PART
cblr-2902	1014	23	assignees	assignee	NOUN
cblr-2902	1014	24	and	and	CCONJ
cblr-2902	1014	25	property	property	NOUN
cblr-2902	1014	26	sales	sale	NOUN
cblr-2902	1014	27	by	by	ADP
cblr-2902	1014	28	those	those	DET
cblr-2902	1014	29	assignees	assignee	NOUN
cblr-2902	1014	30	where	where	SCONJ
cblr-2902	1014	31	debtor	debtor	NOUN
cblr-2902	1014	32	was	be	AUX
cblr-2902	1014	33	insolvent	insolvent	ADJ
cblr-2902	1014	34	before	before	ADP
cblr-2902	1014	35	the	the	DET
cblr-2902	1014	36	lbo	lbo	PROPN
cblr-2902	1014	37	)	)	PUNCT
cblr-2902	1014	38	,	,	PUNCT
cblr-2902	1014	39	with	with	ADP
cblr-2902	1014	40	in	in	ADP
cblr-2902	1014	41	re	re	PROPN
cblr-2902	1014	42	o'day	o'day	PROPN
cblr-2902	1014	43	corp	corp	PROPN
cblr-2902	1014	44	.	.	PROPN
cblr-2902	1014	45	,	,	PUNCT
cblr-2902	1014	46	126	126	NUM
cblr-2902	1014	47	b.r	b.r	PROPN
cblr-2902	1014	48	.	.	PROPN
cblr-2902	1014	49	370	370	NUM
cblr-2902	1014	50	,	,	PUNCT
cblr-2902	1014	51	410	410	NUM
cblr-2902	1014	52	-	-	SYM
cblr-2902	1014	53	13	13	NUM
cblr-2902	1014	54	(	(	PUNCT
cblr-2902	1014	55	bankr	bankr	PROPN
cblr-2902	1014	56	.	.	PUNCT
cblr-2902	1015	1	d.	d.	PROPN
cblr-2902	1015	2	mass	mass	PROPN
cblr-2902	1015	3	.	.	PROPN
cblr-2902	1015	4	1991	1991	NUM
cblr-2902	1015	5	)	)	PUNCT
cblr-2902	1016	1	(	(	PUNCT
cblr-2902	1016	2	noting	note	VERB
cblr-2902	1016	3	that	that	SCONJ
cblr-2902	1016	4	the	the	DET
cblr-2902	1016	5	fact	fact	NOUN
cblr-2902	1016	6	that	that	SCONJ
cblr-2902	1016	7	the	the	DET
cblr-2902	1016	8	debtor	debtor	NOUN
cblr-2902	1016	9	in	in	ADP
cblr-2902	1016	10	o'day	o'day	PROPN
cblr-2902	1016	11	was	be	AUX
cblr-2902	1016	12	healthy	healthy	ADJ
cblr-2902	1016	13	before	before	ADP
cblr-2902	1016	14	the	the	DET
cblr-2902	1016	15	lbo	lbo	PROPN
cblr-2902	1016	16	"	"	PUNCT
cblr-2902	1016	17	alone	alone	ADV
cblr-2902	1016	18	provides	provide	VERB
cblr-2902	1016	19	a	a	DET
cblr-2902	1016	20	sufficient	sufficient	ADJ
cblr-2902	1016	21	reason	reason	NOUN
cblr-2902	1016	22	for	for	SCONJ
cblr-2902	1016	23	this	this	DET
cblr-2902	1016	24	court	court	NOUN
cblr-2902	1016	25	to	to	PART
cblr-2902	1016	26	reject	reject	VERB
cblr-2902	1016	27	an	an	DET
cblr-2902	1016	28	application	application	NOUN
cblr-2902	1016	29	of	of	ADP
cblr-2902	1016	30	the	the	DET
cblr-2902	1016	31	ruling	ruling	NOUN
cblr-2902	1016	32	in	in	ADP
cblr-2902	1016	33	gleneagles	gleneagles	PROPN
cblr-2902	1016	34	[	[	X
cblr-2902	1016	35	tabor	tabor	X
cblr-2902	1016	36	]	]	PUNCT
cblr-2902	1016	37	to	to	ADP
cblr-2902	1016	38	no	no	INTJ
cblr-2902	1016	39	.	.	NOUN
cblr-2902	1017	1	1	1	NUM
cblr-2902	1017	2	:	:	SYM
cblr-2902	1017	3	118	118	NUM
cblr-2902	1017	4	]	]	SYM
cblr-2902	1017	5	181	181	NUM
cblr-2902	1017	6	the	the	DET
cblr-2902	1017	7	dangers	danger	NOUN
cblr-2902	1017	8	of	of	ADP
cblr-2902	1017	9	market	market	NOUN
cblr-2902	1017	10	manipulation	manipulation	NOUN
cblr-2902	1017	11	can	can	AUX
cblr-2902	1017	12	also	also	ADV
cblr-2902	1017	13	be	be	AUX
cblr-2902	1017	14	reduced	reduce	VERB
cblr-2902	1017	15	by	by	ADP
cblr-2902	1017	16	considering	consider	VERB
cblr-2902	1017	17	market	market	NOUN
cblr-2902	1017	18	-	-	PUNCT
cblr-2902	1017	19	based	base	VERB
cblr-2902	1017	20	indicators	indicator	NOUN
cblr-2902	1017	21	of	of	ADP
cblr-2902	1017	22	default	default	NOUN
cblr-2902	1017	23	suggested	suggest	VERB
cblr-2902	1017	24	by	by	ADP
cblr-2902	1017	25	multiple	multiple	ADJ
cblr-2902	1017	26	markets	market	NOUN
cblr-2902	1017	27	:	:	PUNCT
cblr-2902	1017	28	different	different	ADJ
cblr-2902	1017	29	bonds	bond	NOUN
cblr-2902	1017	30	or	or	CCONJ
cblr-2902	1017	31	secured	secure	VERB
cblr-2902	1017	32	debt	debt	NOUN
cblr-2902	1017	33	instruments	instrument	NOUN
cblr-2902	1017	34	of	of	ADP
cblr-2902	1017	35	the	the	DET
cblr-2902	1017	36	same	same	ADJ
cblr-2902	1017	37	issuers	issuer	NOUN
cblr-2902	1017	38	,	,	PUNCT
cblr-2902	1017	39	equity	equity	NOUN
cblr-2902	1017	40	prices	price	NOUN
cblr-2902	1017	41	,	,	PUNCT
cblr-2902	1017	42	and	and	CCONJ
cblr-2902	1017	43	derivatives	derivative	NOUN
cblr-2902	1017	44	.	.	PUNCT
cblr-2902	1018	1	the	the	PRON
cblr-2902	1018	2	larger	large	ADJ
cblr-2902	1018	3	the	the	DET
cblr-2902	1018	4	universe	universe	NOUN
cblr-2902	1018	5	,	,	PUNCT
cblr-2902	1018	6	the	the	PRON
cblr-2902	1018	7	more	more	ADV
cblr-2902	1018	8	difficult	difficult	ADJ
cblr-2902	1018	9	it	it	PRON
cblr-2902	1018	10	will	will	AUX
cblr-2902	1018	11	be	be	AUX
cblr-2902	1018	12	to	to	PART
cblr-2902	1018	13	manipulate	manipulate	VERB
cblr-2902	1018	14	.	.	PUNCT
cblr-2902	1019	1	finally	finally	ADV
cblr-2902	1019	2	,	,	PUNCT
cblr-2902	1019	3	courts	court	NOUN
cblr-2902	1019	4	can	can	AUX
cblr-2902	1019	5	directly	directly	ADV
cblr-2902	1019	6	police	police	VERB
cblr-2902	1019	7	and	and	CCONJ
cblr-2902	1019	8	monitor	monitor	VERB
cblr-2902	1019	9	manipulation	manipulation	NOUN
cblr-2902	1019	10	by	by	ADP
cblr-2902	1019	11	permitting	permit	VERB
cblr-2902	1019	12	discovery	discovery	NOUN
cblr-2902	1019	13	of	of	ADP
cblr-2902	1019	14	trading	trading	NOUN
cblr-2902	1019	15	records	record	NOUN
cblr-2902	1019	16	,	,	PUNCT
cblr-2902	1019	17	emails	email	NOUN
cblr-2902	1019	18	,	,	PUNCT
cblr-2902	1019	19	and	and	CCONJ
cblr-2902	1019	20	other	other	ADJ
cblr-2902	1019	21	communications	communication	NOUN
cblr-2902	1019	22	that	that	PRON
cblr-2902	1019	23	might	might	AUX
cblr-2902	1019	24	reveal	reveal	VERB
cblr-2902	1019	25	the	the	DET
cblr-2902	1019	26	motives	motive	NOUN
cblr-2902	1019	27	of	of	ADP
cblr-2902	1019	28	large	large	ADJ
cblr-2902	1019	29	creditors	creditor	NOUN
cblr-2902	1019	30	-	-	PUNCT
cblr-2902	1019	31	banks	bank	NOUN
cblr-2902	1019	32	and	and	CCONJ
cblr-2902	1019	33	hedge	hedge	NOUN
cblr-2902	1019	34	funds	fund	NOUN
cblr-2902	1019	35	-	-	PUNCT
cblr-2902	1019	36	who	who	PRON
cblr-2902	1019	37	were	be	AUX
cblr-2902	1019	38	trading	trade	VERB
cblr-2902	1019	39	bonds	bond	NOUN
cblr-2902	1019	40	and	and	CCONJ
cblr-2902	1019	41	credit	credit	NOUN
cblr-2902	1019	42	default	default	NOUN
cblr-2902	1019	43	swaps	swap	NOUN
cblr-2902	1019	44	around	around	ADP
cblr-2902	1019	45	the	the	DET
cblr-2902	1019	46	time	time	NOUN
cblr-2902	1019	47	of	of	ADP
cblr-2902	1019	48	the	the	DET
cblr-2902	1019	49	allegedly	allegedly	ADV
cblr-2902	1019	50	fraudulent	fraudulent	ADJ
cblr-2902	1019	51	transfer	transfer	NOUN
cblr-2902	1019	52	.	.	PUNCT
cblr-2902	1020	1	194	194	NUM
cblr-2902	1020	2	the	the	DET
cblr-2902	1020	3	facts	fact	NOUN
cblr-2902	1020	4	of	of	ADP
cblr-2902	1020	5	this	this	DET
cblr-2902	1020	6	case	case	NOUN
cblr-2902	1020	7	,	,	PUNCT
cblr-2902	1020	8	"	"	PUNCT
cblr-2902	1020	9	preserving	preserve	VERB
cblr-2902	1020	10	the	the	DET
cblr-2902	1020	11	obligations	obligation	NOUN
cblr-2902	1020	12	to	to	ADP
cblr-2902	1020	13	the	the	DET
cblr-2902	1020	14	lbo	lbo	PROPN
cblr-2902	1020	15	lenders	lender	NOUN
cblr-2902	1020	16	,	,	PUNCT
cblr-2902	1020	17	and	and	CCONJ
cblr-2902	1020	18	only	only	ADV
cblr-2902	1020	19	avoiding	avoid	VERB
cblr-2902	1020	20	the	the	DET
cblr-2902	1020	21	lbo	lbo	PROPN
cblr-2902	1020	22	lenders	lender	NOUN
cblr-2902	1020	23	'	'	PART
cblr-2902	1020	24	liens	lien	NOUN
cblr-2902	1020	25	to	to	ADP
cblr-2902	1020	26	the	the	DET
cblr-2902	1020	27	extent	extent	NOUN
cblr-2902	1020	28	necessary	necessary	ADJ
cblr-2902	1020	29	to	to	PART
cblr-2902	1020	30	satisfy	satisfy	VERB
cblr-2902	1020	31	unsecured	unsecured	ADJ
cblr-2902	1020	32	claims	claim	NOUN
cblr-2902	1020	33	)	)	PUNCT
cblr-2902	1020	34	.	.	PUNCT
cblr-2902	1021	1	although	although	SCONJ
cblr-2902	1021	2	tabor	tabor	NOUN
cblr-2902	1021	3	involved	involve	VERB
cblr-2902	1021	4	clear	clear	ADJ
cblr-2902	1021	5	indicia	indicia	NOUN
cblr-2902	1021	6	of	of	ADP
cblr-2902	1021	7	fraud	fraud	NOUN
cblr-2902	1021	8	above	above	ADP
cblr-2902	1021	9	and	and	CCONJ
cblr-2902	1021	10	beyond	beyond	ADP
cblr-2902	1021	11	insolvency	insolvency	NOUN
cblr-2902	1021	12	of	of	ADP
cblr-2902	1021	13	the	the	DET
cblr-2902	1021	14	debtor	debtor	NOUN
cblr-2902	1021	15	before	before	ADP
cblr-2902	1021	16	the	the	DET
cblr-2902	1021	17	transaction	transaction	NOUN
cblr-2902	1021	18	,	,	PUNCT
cblr-2902	1021	19	a	a	DET
cblr-2902	1021	20	recent	recent	ADJ
cblr-2902	1021	21	fraudulent	fraudulent	ADJ
cblr-2902	1021	22	transfer	transfer	NOUN
cblr-2902	1021	23	case	case	NOUN
cblr-2902	1021	24	confirms	confirm	VERB
cblr-2902	1021	25	that	that	SCONJ
cblr-2902	1021	26	harsh	harsh	ADJ
cblr-2902	1021	27	penalties	penalty	NOUN
cblr-2902	1021	28	are	be	AUX
cblr-2902	1021	29	more	more	ADV
cblr-2902	1021	30	likely	likely	ADJ
cblr-2902	1021	31	to	to	PART
cblr-2902	1021	32	be	be	AUX
cblr-2902	1021	33	imposed	impose	VERB
cblr-2902	1021	34	when	when	SCONJ
cblr-2902	1021	35	the	the	DET
cblr-2902	1021	36	debtor	debtor	NOUN
cblr-2902	1021	37	is	be	AUX
cblr-2902	1021	38	insolvent	insolvent	ADJ
cblr-2902	1021	39	before	before	ADP
cblr-2902	1021	40	the	the	DET
cblr-2902	1021	41	transaction	transaction	NOUN
cblr-2902	1021	42	.	.	PUNCT
cblr-2902	1022	1	see	see	VERB
cblr-2902	1022	2	official	official	ADJ
cblr-2902	1022	3	comm	comm	NOUN
cblr-2902	1022	4	.	.	PUNCT
cblr-2902	1023	1	of	of	ADP
cblr-2902	1023	2	unsecured	unsecured	ADJ
cblr-2902	1023	3	creditors	creditor	NOUN
cblr-2902	1023	4	of	of	ADP
cblr-2902	1023	5	tousa	tousa	NOUN
cblr-2902	1023	6	,	,	PUNCT
cblr-2902	1023	7	inc	inc	PROPN
cblr-2902	1023	8	.	.	PROPN
cblr-2902	1023	9	,	,	PUNCT
cblr-2902	1024	1	v.	v.	PROPN
cblr-2902	1024	2	citicorp	citicorp	PROPN
cblr-2902	1024	3	north	north	PROPN
cblr-2902	1024	4	america	america	PROPN
cblr-2902	1024	5	,	,	PUNCT
cblr-2902	1024	6	inc	inc	PROPN
cblr-2902	1024	7	.	.	PROPN
cblr-2902	1024	8	(	(	PUNCT
cblr-2902	1024	9	in	in	ADP
cblr-2902	1024	10	re	re	NOUN
cblr-2902	1024	11	tousa	tousa	PROPN
cblr-2902	1024	12	,	,	PUNCT
cblr-2902	1024	13	inc	inc	PROPN
cblr-2902	1024	14	.	.	PROPN
cblr-2902	1024	15	)	)	PUNCT
cblr-2902	1024	16	,	,	PUNCT
cblr-2902	1024	17	422	422	NUM
cblr-2902	1024	18	b.r	b.r	PROPN
cblr-2902	1024	19	.	.	PROPN
cblr-2902	1024	20	783	783	NUM
cblr-2902	1024	21	,	,	PUNCT
cblr-2902	1024	22	875	875	NUM
cblr-2902	1024	23	(	(	PUNCT
cblr-2902	1024	24	bankr	bankr	PROPN
cblr-2902	1024	25	.	.	PUNCT
cblr-2902	1025	1	s.d	s.d	PROPN
cblr-2902	1025	2	.	.	PROPN
cblr-2902	1025	3	fla	fla	PROPN
cblr-2902	1025	4	.	.	PUNCT
cblr-2902	1025	5	2009	2009	NUM
cblr-2902	1025	6	)	)	PUNCT
cblr-2902	1025	7	,	,	PUNCT
cblr-2902	1025	8	rev'd	rev'd	VERB
cblr-2902	1025	9	on	on	ADP
cblr-2902	1025	10	other	other	ADJ
cblr-2902	1025	11	grounds	ground	NOUN
cblr-2902	1025	12	,	,	PUNCT
cblr-2902	1025	13	in	in	ADP
cblr-2902	1025	14	re	re	NOUN
cblr-2902	1025	15	tousa	tousa	PROPN
cblr-2902	1025	16	,	,	PUNCT
cblr-2902	1025	17	inc	inc	PROPN
cblr-2902	1025	18	.	.	PROPN
cblr-2902	1025	19	,	,	PUNCT
cblr-2902	1025	20	nos	nos	PROPN
cblr-2902	1025	21	.	.	PROPN
cblr-2902	1025	22	10	10	NUM
cblr-2902	1025	23	-	-	PUNCT
cblr-2902	1025	24	60017civ	60017civ	NUM
cblr-2902	1025	25	/	/	SYM
cblr-2902	1025	26	gold	gold	NOUN
cblr-2902	1025	27	,	,	PUNCT
cblr-2902	1025	28	10	10	NUM
cblr-2902	1025	29	-	-	SYM
cblr-2902	1025	30	61478	61478	NUM
cblr-2902	1025	31	,	,	PUNCT
cblr-2902	1025	32	10	10	NUM
cblr-2902	1025	33	-	-	SYM
cblr-2902	1025	34	62032	62032	NUM
cblr-2902	1025	35	,	,	PUNCT
cblr-2902	1025	36	10	10	NUM
cblr-2902	1025	37	-	-	SYM
cblr-2902	1025	38	62035	62035	NUM
cblr-2902	1025	39	,	,	PUNCT
cblr-2902	1025	40	10	10	NUM
cblr-2902	1025	41	-	-	SYM
cblr-2902	1025	42	62037	62037	NUM
cblr-2902	1025	43	,	,	PUNCT
cblr-2902	1025	44	2011	2011	NUM
cblr-2902	1025	45	wl	wl	SYM
cblr-2902	1025	46	522008	522008	NUM
cblr-2902	1025	47	(	(	PUNCT
cblr-2902	1025	48	s.d	s.d	PROPN
cblr-2902	1025	49	.	.	PROPN
cblr-2902	1025	50	fla	fla	PROPN
cblr-2902	1025	51	.	.	PUNCT
cblr-2902	1026	1	feb	feb	PROPN
cblr-2902	1026	2	.	.	PROPN
cblr-2902	1026	3	11	11	NUM
cblr-2902	1026	4	,	,	PUNCT
cblr-2902	1026	5	2011	2011	NUM
cblr-2902	1026	6	)	)	PUNCT
cblr-2902	1026	7	.	.	PUNCT
cblr-2902	1027	1	the	the	DET
cblr-2902	1027	2	court	court	NOUN
cblr-2902	1027	3	imposed	impose	VERB
cblr-2902	1027	4	a	a	DET
cblr-2902	1027	5	remedy	remedy	NOUN
cblr-2902	1027	6	that	that	PRON
cblr-2902	1027	7	involved	involve	VERB
cblr-2902	1027	8	avoidance	avoidance	NOUN
cblr-2902	1027	9	of	of	ADP
cblr-2902	1027	10	liens	lien	NOUN
cblr-2902	1027	11	,	,	PUNCT
cblr-2902	1027	12	obligations	obligation	NOUN
cblr-2902	1027	13	,	,	PUNCT
cblr-2902	1027	14	and	and	CCONJ
cblr-2902	1027	15	various	various	ADJ
cblr-2902	1027	16	financing	financing	NOUN
cblr-2902	1027	17	and	and	CCONJ
cblr-2902	1027	18	professional	professional	ADJ
cblr-2902	1027	19	fees	fee	NOUN
cblr-2902	1027	20	,	,	PUNCT
cblr-2902	1027	21	but	but	CCONJ
cblr-2902	1027	22	that	that	SCONJ
cblr-2902	1027	23	in	in	ADP
cblr-2902	1027	24	many	many	ADJ
cblr-2902	1027	25	respects	respect	NOUN
cblr-2902	1027	26	was	be	AUX
cblr-2902	1027	27	more	more	ADV
cblr-2902	1027	28	similar	similar	ADJ
cblr-2902	1027	29	to	to	AUX
cblr-2902	1027	30	equitable	equitable	ADJ
cblr-2902	1027	31	subordination	subordination	NOUN
cblr-2902	1027	32	than	than	ADP
cblr-2902	1027	33	the	the	DET
cblr-2902	1027	34	full	full	ADJ
cblr-2902	1027	35	claim	claim	NOUN
cblr-2902	1027	36	avoidance	avoidance	NOUN
cblr-2902	1027	37	seen	see	VERB
cblr-2902	1027	38	in	in	ADP
cblr-2902	1027	39	tabor	tabor	NOUN
cblr-2902	1027	40	.	.	PUNCT
cblr-2902	1028	1	i	i	PRON
cblr-2902	1028	2	d.	d.	PROPN
cblr-2902	1028	3	at	at	ADP
cblr-2902	1028	4	885	885	NUM
cblr-2902	1028	5	(	(	PUNCT
cblr-2902	1028	6	"	"	PUNCT
cblr-2902	1028	7	after	after	SCONJ
cblr-2902	1028	8	all	all	DET
cblr-2902	1028	9	requisite	requisite	ADJ
cblr-2902	1028	10	payments	payment	NOUN
cblr-2902	1028	11	to	to	ADP
cblr-2902	1028	12	the	the	DET
cblr-2902	1028	13	conveying	conveying	NOUN
cblr-2902	1028	14	subsidiaries	subsidiary	NOUN
cblr-2902	1028	15	have	have	AUX
cblr-2902	1028	16	been	be	AUX
cblr-2902	1028	17	accomplished	accomplish	VERB
cblr-2902	1028	18	,	,	PUNCT
cblr-2902	1028	19	the	the	DET
cblr-2902	1028	20	remainder	remainder	NOUN
cblr-2902	1028	21	of	of	ADP
cblr-2902	1028	22	the	the	DET
cblr-2902	1028	23	funds	fund	NOUN
cblr-2902	1028	24	shall	shall	AUX
cblr-2902	1028	25	be	be	AUX
cblr-2902	1028	26	distributed	distribute	VERB
cblr-2902	1028	27	to	to	ADP
cblr-2902	1028	28	the	the	DET
cblr-2902	1028	29	first	first	ADJ
cblr-2902	1028	30	and	and	CCONJ
cblr-2902	1028	31	second	second	ADJ
cblr-2902	1028	32	lien	lien	NOUN
cblr-2902	1028	33	lenders	lender	NOUN
cblr-2902	1028	34	in	in	ADP
cblr-2902	1028	35	accordance	accordance	NOUN
cblr-2902	1028	36	with	with	ADP
cblr-2902	1028	37	the	the	DET
cblr-2902	1028	38	first	first	ADJ
cblr-2902	1028	39	and	and	CCONJ
cblr-2902	1028	40	second	second	ADJ
cblr-2902	1028	41	lien	lien	NOUN
cblr-2902	1028	42	term	term	NOUN
cblr-2902	1028	43	loan	loan	NOUN
cblr-2902	1028	44	agreements	agreement	NOUN
cblr-2902	1028	45	.	.	PUNCT
cblr-2902	1029	1	"	"	PUNCT
cblr-2902	1029	2	)	)	PUNCT
cblr-2902	1029	3	.	.	PUNCT
cblr-2902	1030	1	19	19	NUM
cblr-2902	1030	2	'	'	PART
cblr-2902	1030	3	recently	recently	ADV
cblr-2902	1030	4	-	-	PUNCT
cblr-2902	1030	5	proposed	propose	VERB
cblr-2902	1030	6	amendments	amendment	NOUN
cblr-2902	1030	7	to	to	ADP
cblr-2902	1030	8	bankruptcy	bankruptcy	NOUN
cblr-2902	1030	9	rule	rule	NOUN
cblr-2902	1030	10	2019	2019	NUM
cblr-2902	1030	11	may	may	AUX
cblr-2902	1030	12	require	require	VERB
cblr-2902	1030	13	many	many	ADJ
cblr-2902	1030	14	groups	group	NOUN
cblr-2902	1030	15	,	,	PUNCT
cblr-2902	1030	16	committees	committee	NOUN
cblr-2902	1030	17	,	,	PUNCT
cblr-2902	1030	18	and	and	CCONJ
cblr-2902	1030	19	entities	entity	NOUN
cblr-2902	1030	20	to	to	PART
cblr-2902	1030	21	provide	provide	VERB
cblr-2902	1030	22	enhanced	enhanced	ADJ
cblr-2902	1030	23	disclosures	disclosure	NOUN
cblr-2902	1030	24	of	of	ADP
cblr-2902	1030	25	their	their	PRON
cblr-2902	1030	26	economic	economic	ADJ
cblr-2902	1030	27	interests	interest	NOUN
cblr-2902	1030	28	in	in	ADP
cblr-2902	1030	29	the	the	DET
cblr-2902	1030	30	debtor	debtor	NOUN
cblr-2902	1030	31	,	,	PUNCT
cblr-2902	1030	32	including	include	VERB
cblr-2902	1030	33	derivatives	derivative	NOUN
cblr-2902	1030	34	,	,	PUNCT
cblr-2902	1030	35	in	in	ADP
cblr-2902	1030	36	order	order	NOUN
cblr-2902	1030	37	to	to	PART
cblr-2902	1030	38	participate	participate	VERB
cblr-2902	1030	39	actively	actively	ADV
cblr-2902	1030	40	in	in	ADP
cblr-2902	1030	41	a	a	DET
cblr-2902	1030	42	bankruptcy	bankruptcy	NOUN
cblr-2902	1030	43	case	case	NOUN
cblr-2902	1030	44	.	.	PUNCT
cblr-2902	1031	1	see	see	VERB
cblr-2902	1031	2	insolvency	insolvency	NOUN
cblr-2902	1031	3	and	and	CCONJ
cblr-2902	1031	4	restructuring	restructuring	NOUN
cblr-2902	1031	5	update	update	NOUN
cblr-2902	1031	6	:	:	PUNCT
cblr-2902	1031	7	standing	standing	PROPN
cblr-2902	1031	8	committee	committee	PROPN
cblr-2902	1031	9	approves	approve	VERB
cblr-2902	1031	10	major	major	ADJ
cblr-2902	1031	11	changes	change	NOUN
cblr-2902	1031	12	to	to	ADP
cblr-2902	1031	13	bankruptcy	bankruptcy	NOUN
cblr-2902	1031	14	disclosure	disclosure	NOUN
cblr-2902	1031	15	rule	rule	NOUN
cblr-2902	1031	16	,	,	PUNCT
cblr-2902	1031	17	davis	davis	PROPN
cblr-2902	1031	18	polk	polk	PROPN
cblr-2902	1031	19	client	client	PROPN
cblr-2902	1031	20	newsl	newsl	PROPN
cblr-2902	1031	21	.	.	PUNCT
cblr-2902	1032	1	(	(	PUNCT
cblr-2902	1032	2	davis	davis	PROPN
cblr-2902	1032	3	polk	polk	PROPN
cblr-2902	1032	4	&	&	CCONJ
cblr-2902	1032	5	wardwell	wardwell	PROPN
cblr-2902	1032	6	llp	llp	PROPN
cblr-2902	1032	7	,	,	PUNCT
cblr-2902	1032	8	new	new	PROPN
cblr-2902	1032	9	york	york	PROPN
cblr-2902	1032	10	,	,	PUNCT
cblr-2902	1032	11	n.y	n.y	PROPN
cblr-2902	1032	12	.	.	PROPN
cblr-2902	1032	13	)	)	PUNCT
cblr-2902	1032	14	,	,	PUNCT
cblr-2902	1032	15	june	june	PROPN
cblr-2902	1032	16	16	16	NUM
cblr-2902	1032	17	,	,	PUNCT
cblr-2902	1032	18	2010	2010	NUM
cblr-2902	1032	19	.	.	PUNCT
cblr-2902	1033	1	col	col	PROPN
cblr-2902	1033	2	umia	umia	PROPN
cblr-2902	1033	3	b	b	PROPN
cblr-2902	1033	4	usiness	usiness	PROPN
cblr-2902	1033	5	la	la	PROPN
cblr-2902	1033	6	w	w	PROPN
cblr-2902	1033	7	re	re	PROPN
cblr-2902	1033	8	vie	vie	PROPN
cblr-2902	1033	9	w	w	PROPN
cblr-2902	1034	1	[	[	X
cblr-2902	1034	2	vol	vol	NOUN
cblr-2902	1034	3	.	.	PUNCT
cblr-2902	1034	4	2011182	2011182	NUM
cblr-2902	1034	5	e.	e.	PROPN
cblr-2902	1034	6	counterparty	counterparty	PROPN
cblr-2902	1034	7	risk	risk	NOUN
cblr-2902	1034	8	has	have	AUX
cblr-2902	1034	9	been	be	AUX
cblr-2902	1034	10	minimized	minimize	VERB
cblr-2902	1034	11	by	by	ADP
cblr-2902	1034	12	government	government	NOUN
cblr-2902	1034	13	and	and	CCONJ
cblr-2902	1034	14	regulatory	regulatory	ADJ
cblr-2902	1034	15	policy	policy	NOUN
cblr-2902	1034	16	unlike	unlike	ADP
cblr-2902	1034	17	a	a	DET
cblr-2902	1034	18	bond	bond	NOUN
cblr-2902	1034	19	,	,	PUNCT
cblr-2902	1034	20	which	which	PRON
cblr-2902	1034	21	depends	depend	VERB
cblr-2902	1034	22	only	only	ADV
cblr-2902	1034	23	on	on	ADP
cblr-2902	1034	24	the	the	DET
cblr-2902	1034	25	creditworthiness	creditworthiness	NOUN
cblr-2902	1034	26	of	of	ADP
cblr-2902	1034	27	the	the	DET
cblr-2902	1034	28	debtor	debtor	NOUN
cblr-2902	1034	29	,	,	PUNCT
cblr-2902	1034	30	the	the	DET
cblr-2902	1034	31	value	value	NOUN
cblr-2902	1034	32	of	of	ADP
cblr-2902	1034	33	a	a	DET
cblr-2902	1034	34	credit	credit	NOUN
cblr-2902	1034	35	default	default	NOUN
cblr-2902	1034	36	swap	swap	NOUN
cblr-2902	1034	37	depends	depend	VERB
cblr-2902	1034	38	not	not	PART
cblr-2902	1034	39	only	only	ADV
cblr-2902	1034	40	on	on	ADP
cblr-2902	1034	41	the	the	DET
cblr-2902	1034	42	creditworthiness	creditworthiness	NOUN
cblr-2902	1034	43	of	of	ADP
cblr-2902	1034	44	the	the	DET
cblr-2902	1034	45	reference	reference	NOUN
cblr-2902	1034	46	entity	entity	NOUN
cblr-2902	1034	47	(	(	PUNCT
cblr-2902	1034	48	the	the	DET
cblr-2902	1034	49	debtor	debtor	NOUN
cblr-2902	1034	50	)	)	PUNCT
cblr-2902	1034	51	,	,	PUNCT
cblr-2902	1034	52	but	but	CCONJ
cblr-2902	1034	53	also	also	ADV
cblr-2902	1034	54	on	on	ADP
cblr-2902	1034	55	the	the	DET
cblr-2902	1034	56	creditworthiness	creditworthiness	NOUN
cblr-2902	1034	57	of	of	ADP
cblr-2902	1034	58	the	the	DET
cblr-2902	1034	59	protection	protection	NOUN
cblr-2902	1034	60	seller	seller	NOUN
cblr-2902	1034	61	,	,	PUNCT
cblr-2902	1034	62	much	much	ADV
cblr-2902	1034	63	as	as	SCONJ
cblr-2902	1034	64	the	the	DET
cblr-2902	1034	65	value	value	NOUN
cblr-2902	1034	66	of	of	ADP
cblr-2902	1034	67	an	an	DET
cblr-2902	1034	68	insurance	insurance	NOUN
cblr-2902	1034	69	contract	contract	NOUN
cblr-2902	1034	70	depends	depend	VERB
cblr-2902	1034	71	on	on	ADP
cblr-2902	1034	72	the	the	DET
cblr-2902	1034	73	solvency	solvency	NOUN
cblr-2902	1034	74	of	of	ADP
cblr-2902	1034	75	the	the	DET
cblr-2902	1034	76	insurance	insurance	NOUN
cblr-2902	1034	77	company	company	NOUN
cblr-2902	1034	78	.	.	PUNCT
cblr-2902	1035	1	"'5	"'5	PUNCT
cblr-2902	1035	2	cds	cd	NOUN
cblr-2902	1035	3	market	market	NOUN
cblr-2902	1035	4	participants	participant	NOUN
cblr-2902	1035	5	attempt	attempt	VERB
cblr-2902	1035	6	to	to	PART
cblr-2902	1035	7	address	address	VERB
cblr-2902	1035	8	counterparty	counterparty	NOUN
cblr-2902	1035	9	risk	risk	NOUN
cblr-2902	1035	10	through	through	ADP
cblr-2902	1035	11	nonprice	nonprice	NOUN
cblr-2902	1035	12	terms	term	NOUN
cblr-2902	1035	13	such	such	ADJ
cblr-2902	1035	14	as	as	ADP
cblr-2902	1035	15	collateral	collateral	ADJ
cblr-2902	1035	16	posting	posting	NOUN
cblr-2902	1035	17	requirements	requirement	NOUN
cblr-2902	1035	18	,	,	PUNCT
cblr-2902	1035	19	but	but	CCONJ
cblr-2902	1035	20	this	this	DET
cblr-2902	1035	21	approach	approach	NOUN
cblr-2902	1035	22	is	be	AUX
cblr-2902	1035	23	not	not	PART
cblr-2902	1035	24	completely	completely	ADV
cblr-2902	1035	25	effective	effective	ADJ
cblr-2902	1035	26	.	.	PUNCT
cblr-2902	1036	1	during	during	ADP
cblr-2902	1036	2	the	the	DET
cblr-2902	1036	3	financial	financial	ADJ
cblr-2902	1036	4	crisis	crisis	NOUN
cblr-2902	1036	5	of	of	ADP
cblr-2902	1036	6	2008	2008	NUM
cblr-2902	1036	7	,	,	PUNCT
cblr-2902	1036	8	the	the	DET
cblr-2902	1036	9	federal	federal	ADJ
cblr-2902	1036	10	government	government	NOUN
cblr-2902	1036	11	ensured	ensure	VERB
cblr-2902	1036	12	that	that	SCONJ
cblr-2902	1036	13	the	the	DET
cblr-2902	1036	14	counterparties	counterpartie	NOUN
cblr-2902	1036	15	to	to	PART
cblr-2902	1036	16	whom	whom	PRON
cblr-2902	1036	17	aig	aig	PROPN
cblr-2902	1036	18	had	have	AUX
cblr-2902	1036	19	sold	sell	VERB
cblr-2902	1036	20	credit	credit	NOUN
cblr-2902	1036	21	default	default	NOUN
cblr-2902	1036	22	swap	swap	NOUN
cblr-2902	1036	23	protection	protection	NOUN
cblr-2902	1036	24	were	be	AUX
cblr-2902	1036	25	made	make	VERB
cblr-2902	1036	26	whole	whole	ADJ
cblr-2902	1036	27	(	(	PUNCT
cblr-2902	1036	28	100	100	NUM
cblr-2902	1036	29	cents	cent	NOUN
cblr-2902	1036	30	on	on	ADP
cblr-2902	1036	31	the	the	DET
cblr-2902	1036	32	dollar	dollar	NOUN
cblr-2902	1036	33	recovery	recovery	NOUN
cblr-2902	1036	34	)	)	PUNCT
cblr-2902	1036	35	.	.	PUNCT
cblr-2902	1036	36	"	"	PUNCT
cblr-2902	1037	1	it	it	PRON
cblr-2902	1037	2	now	now	ADV
cblr-2902	1037	3	appears	appear	VERB
cblr-2902	1037	4	likely	likely	ADJ
cblr-2902	1037	5	that	that	SCONJ
cblr-2902	1037	6	the	the	DET
cblr-2902	1037	7	federal	federal	ADJ
cblr-2902	1037	8	deposit	deposit	NOUN
cblr-2902	1037	9	insurance	insurance	NOUN
cblr-2902	1037	10	corporation	corporation	NOUN
cblr-2902	1037	11	(	(	PUNCT
cblr-2902	1037	12	"	"	PUNCT
cblr-2902	1037	13	fdic	fdic	ADJ
cblr-2902	1037	14	"	"	PUNCT
cblr-2902	1037	15	)	)	PUNCT
cblr-2902	1037	16	will	will	AUX
cblr-2902	1037	17	protect	protect	VERB
cblr-2902	1037	18	derivatives	derivative	NOUN
cblr-2902	1037	19	counterparties	counterpartie	NOUN
cblr-2902	1037	20	against	against	ADP
cblr-2902	1037	21	loss	loss	NOUN
cblr-2902	1037	22	,	,	PUNCT
cblr-2902	1037	23	thereby	thereby	ADV
cblr-2902	1037	24	institutionalizing	institutionalize	VERB
cblr-2902	1037	25	minimal	minimal	ADJ
cblr-2902	1037	26	counterparty	counterparty	NOUN
cblr-2902	1037	27	risk	risk	NOUN
cblr-2902	1037	28	for	for	ADP
cblr-2902	1037	29	derivatives	derivative	NOUN
cblr-2902	1037	30	dealers	dealer	NOUN
cblr-2902	1037	31	and	and	CCONJ
cblr-2902	1037	32	customers.19	customers.19	NOUN
cblr-2902	1037	33	whatever	whatever	PRON
cblr-2902	1037	34	the	the	DET
cblr-2902	1037	35	broader	broad	ADJ
cblr-2902	1037	36	merit	merit	NOUN
cblr-2902	1037	37	of	of	ADP
cblr-2902	1037	38	this	this	DET
cblr-2902	1037	39	policy	policy	NOUN
cblr-2902	1037	40	,	,	PUNCT
cblr-2902	1037	41	it	it	PRON
cblr-2902	1037	42	does	do	AUX
cblr-2902	1037	43	have	have	VERB
cblr-2902	1037	44	the	the	DET
cblr-2902	1037	45	beneficial	beneficial	ADJ
cblr-2902	1037	46	effect	effect	NOUN
cblr-2902	1037	47	1	1	NUM
cblr-2902	1037	48	see	see	VERB
cblr-2902	1037	49	simkovic	simkovic	ADJ
cblr-2902	1037	50	,	,	PUNCT
cblr-2902	1037	51	supra	supra	PROPN
cblr-2902	1037	52	note	note	NOUN
cblr-2902	1037	53	1	1	NUM
cblr-2902	1037	54	,	,	PUNCT
cblr-2902	1037	55	at	at	ADP
cblr-2902	1037	56	272	272	NUM
cblr-2902	1037	57	.	.	NOUN
cblr-2902	1037	58	1	1	NUM
cblr-2902	1037	59	louise	louise	PROPN
cblr-2902	1037	60	story	story	NOUN
cblr-2902	1037	61	&	&	CCONJ
cblr-2902	1037	62	gretchen	gretchen	PROPN
cblr-2902	1037	63	morgenson	morgenson	PROPN
cblr-2902	1037	64	,	,	PUNCT
cblr-2902	1037	65	in	in	ADP
cblr-2902	1037	66	u.s	u.s	PROPN
cblr-2902	1037	67	.	.	PROPN
cblr-2902	1037	68	bailout	bailout	NOUN
cblr-2902	1037	69	of	of	ADP
cblr-2902	1037	70	a.i.g	a.i.g	PROPN
cblr-2902	1037	71	.	.	PROPN
cblr-2902	1037	72	,	,	PUNCT
cblr-2902	1037	73	forgiveness	forgiveness	NOUN
cblr-2902	1037	74	for	for	ADP
cblr-2902	1037	75	big	big	ADJ
cblr-2902	1037	76	banks	bank	NOUN
cblr-2902	1037	77	,	,	PUNCT
cblr-2902	1037	78	n.y	n.y	PROPN
cblr-2902	1037	79	.	.	PROPN
cblr-2902	1037	80	times	times	PROPN
cblr-2902	1037	81	,	,	PUNCT
cblr-2902	1037	82	june	june	PROPN
cblr-2902	1037	83	29	29	NUM
cblr-2902	1037	84	,	,	PUNCT
cblr-2902	1037	85	2010	2010	NUM
cblr-2902	1037	86	,	,	PUNCT
cblr-2902	1037	87	at	at	ADP
cblr-2902	1037	88	al	al	PROPN
cblr-2902	1037	89	.	.	PUNCT
cblr-2902	1037	90	"	"	PUNCT
cblr-2902	1038	1	i	i	PRON
cblr-2902	1038	2	d.	d.	VERB
cblr-2902	1038	3	the	the	DET
cblr-2902	1038	4	provisions	provision	NOUN
cblr-2902	1038	5	relating	relate	VERB
cblr-2902	1038	6	to	to	ADP
cblr-2902	1038	7	the	the	DET
cblr-2902	1038	8	"	"	PUNCT
cblr-2902	1038	9	orderly	orderly	ADJ
cblr-2902	1038	10	liquidation	liquidation	NOUN
cblr-2902	1038	11	authority	authority	NOUN
cblr-2902	1038	12	"	"	PUNCT
cblr-2902	1038	13	under	under	ADP
cblr-2902	1038	14	the	the	DET
cblr-2902	1038	15	dodd	dodd	PROPN
cblr-2902	1038	16	-	-	PUNCT
cblr-2902	1038	17	frank	frank	PROPN
cblr-2902	1038	18	wall	wall	PROPN
cblr-2902	1038	19	street	street	PROPN
cblr-2902	1038	20	reform	reform	PROPN
cblr-2902	1038	21	and	and	CCONJ
cblr-2902	1038	22	consumer	consumer	NOUN
cblr-2902	1038	23	protection	protection	PROPN
cblr-2902	1038	24	act	act	PROPN
cblr-2902	1038	25	,	,	PUNCT
cblr-2902	1038	26	pub	pub	NOUN
cblr-2902	1038	27	.	.	PUNCT
cblr-2902	1039	1	l.	l.	PROPN
cblr-2902	1039	2	no	no	INTJ
cblr-2902	1039	3	.	.	PROPN
cblr-2902	1039	4	111	111	NUM
cblr-2902	1039	5	-	-	SYM
cblr-2902	1039	6	203	203	NUM
cblr-2902	1039	7	,	,	PUNCT
cblr-2902	1039	8	124	124	NUM
cblr-2902	1039	9	stat	stat	NOUN
cblr-2902	1039	10	.	.	PUNCT
cblr-2902	1040	1	1376	1376	NUM
cblr-2902	1040	2	,	,	PUNCT
cblr-2902	1040	3	§	§	PROPN
cblr-2902	1040	4	210(n	210(n	NUM
cblr-2902	1040	5	)	)	PUNCT
cblr-2902	1040	6	enable	enable	VERB
cblr-2902	1040	7	the	the	DET
cblr-2902	1040	8	fdic	fdic	PROPN
cblr-2902	1040	9	to	to	PART
cblr-2902	1040	10	borrow	borrow	VERB
cblr-2902	1040	11	funds	fund	NOUN
cblr-2902	1040	12	from	from	ADP
cblr-2902	1040	13	the	the	DET
cblr-2902	1040	14	treasury	treasury	NOUN
cblr-2902	1040	15	when	when	SCONJ
cblr-2902	1040	16	resolving	resolve	VERB
cblr-2902	1040	17	a	a	DET
cblr-2902	1040	18	systemically	systemically	ADV
cblr-2902	1040	19	important	important	ADJ
cblr-2902	1040	20	financial	financial	ADJ
cblr-2902	1040	21	institution	institution	NOUN
cblr-2902	1040	22	.	.	PUNCT
cblr-2902	1041	1	during	during	ADP
cblr-2902	1041	2	an	an	DET
cblr-2902	1041	3	fdic	fdic	PROPN
cblr-2902	1041	4	-	-	PUNCT
cblr-2902	1041	5	administered	administer	VERB
cblr-2902	1041	6	"	"	PUNCT
cblr-2902	1041	7	orderly	orderly	ADJ
cblr-2902	1041	8	liquidation	liquidation	NOUN
cblr-2902	1041	9	,	,	PUNCT
cblr-2902	1041	10	"	"	PUNCT
cblr-2902	1041	11	special	special	ADJ
cblr-2902	1041	12	protections	protection	NOUN
cblr-2902	1041	13	for	for	ADP
cblr-2902	1041	14	derivatives	derivative	NOUN
cblr-2902	1041	15	(	(	PUNCT
cblr-2902	1041	16	"	"	PUNCT
cblr-2902	1041	17	qualified	qualified	ADJ
cblr-2902	1041	18	financial	financial	ADJ
cblr-2902	1041	19	contracts	contract	NOUN
cblr-2902	1041	20	"	"	PUNCT
cblr-2902	1041	21	)	)	PUNCT
cblr-2902	1041	22	virtually	virtually	ADV
cblr-2902	1041	23	guarantee	guarantee	VERB
cblr-2902	1041	24	that	that	SCONJ
cblr-2902	1041	25	derivatives	derivative	NOUN
cblr-2902	1041	26	counterparties	counterpartie	NOUN
cblr-2902	1041	27	will	will	AUX
cblr-2902	1041	28	recover	recover	VERB
cblr-2902	1041	29	in	in	ADP
cblr-2902	1041	30	full	full	ADJ
cblr-2902	1041	31	,	,	PUNCT
cblr-2902	1041	32	particularly	particularly	ADV
cblr-2902	1041	33	if	if	SCONJ
cblr-2902	1041	34	the	the	DET
cblr-2902	1041	35	swap	swap	NOUN
cblr-2902	1041	36	is	be	AUX
cblr-2902	1041	37	traded	trade	VERB
cblr-2902	1041	38	through	through	ADP
cblr-2902	1041	39	a	a	DET
cblr-2902	1041	40	clearing	clearing	NOUN
cblr-2902	1041	41	organization	organization	NOUN
cblr-2902	1041	42	.	.	PUNCT
cblr-2902	1042	1	i	i	PRON
cblr-2902	1042	2	d.	d.	PROPN
cblr-2902	1042	3	§	§	PROPN
cblr-2902	1042	4	210(c)(8	210(c)(8	PROPN
cblr-2902	1042	5	)	)	PUNCT
cblr-2902	1042	6	;	;	PUNCT
cblr-2902	1042	7	11	11	NUM
cblr-2902	1042	8	u.s.c	u.s.c	NOUN
cblr-2902	1042	9	.	.	PUNCT
cblr-2902	1043	1	h§	h§	PROPN
cblr-2902	1043	2	555	555	NUM
cblr-2902	1043	3	,	,	PUNCT
cblr-2902	1043	4	556	556	NUM
cblr-2902	1043	5	,	,	PUNCT
cblr-2902	1043	6	559	559	NUM
cblr-2902	1043	7	,	,	PUNCT
cblr-2902	1043	8	560	560	NUM
cblr-2902	1043	9	&	&	CCONJ
cblr-2902	1043	10	561	561	NUM
cblr-2902	1043	11	;	;	PUNCT
cblr-2902	1043	12	12	12	NUM
cblr-2902	1043	13	u.s.c	u.s.c	NOUN
cblr-2902	1043	14	.	.	PUNCT
cblr-2902	1044	1	§	§	PROPN
cblr-2902	1044	2	1821(e)(8	1821(e)(8	NUM
cblr-2902	1044	3	)	)	PUNCT
cblr-2902	1044	4	.	.	PUNCT
cblr-2902	1045	1	although	although	SCONJ
cblr-2902	1045	2	any	any	DET
cblr-2902	1045	3	borrowed	borrow	VERB
cblr-2902	1045	4	treasury	treasury	NOUN
cblr-2902	1045	5	funds	fund	NOUN
cblr-2902	1045	6	are	be	AUX
cblr-2902	1045	7	supposed	suppose	VERB
cblr-2902	1045	8	to	to	PART
cblr-2902	1045	9	be	be	AUX
cblr-2902	1045	10	recovered	recover	VERB
cblr-2902	1045	11	through	through	ADP
cblr-2902	1045	12	gradual	gradual	ADJ
cblr-2902	1045	13	assessments	assessment	NOUN
cblr-2902	1045	14	on	on	ADP
cblr-2902	1045	15	large	large	ADJ
cblr-2902	1045	16	financial	financial	ADJ
cblr-2902	1045	17	institutions	institution	NOUN
cblr-2902	1045	18	,	,	PUNCT
cblr-2902	1045	19	it	it	PRON
cblr-2902	1045	20	seems	seem	VERB
cblr-2902	1045	21	unlikely	unlikely	ADJ
cblr-2902	1045	22	that	that	SCONJ
cblr-2902	1045	23	the	the	DET
cblr-2902	1045	24	fdic	fdic	PROPN
cblr-2902	1045	25	will	will	AUX
cblr-2902	1045	26	aggressively	aggressively	ADV
cblr-2902	1045	27	collect	collect	VERB
cblr-2902	1045	28	shortly	shortly	ADV
cblr-2902	1045	29	after	after	ADP
cblr-2902	1045	30	a	a	DET
cblr-2902	1045	31	financial	financial	ADJ
cblr-2902	1045	32	crisis	crisis	NOUN
cblr-2902	1045	33	or	or	CCONJ
cblr-2902	1045	34	that	that	SCONJ
cblr-2902	1045	35	the	the	DET
cblr-2902	1045	36	treasury	treasury	NOUN
cblr-2902	1045	37	will	will	AUX
cblr-2902	1045	38	demand	demand	VERB
cblr-2902	1045	39	a	a	DET
cblr-2902	1045	40	market	market	NOUN
cblr-2902	1045	41	rate	rate	NOUN
cblr-2902	1045	42	of	of	ADP
cblr-2902	1045	43	return	return	NOUN
cblr-2902	1045	44	.	.	PUNCT
cblr-2902	1046	1	dodd	dodd	PROPN
cblr-2902	1046	2	-	-	PUNCT
cblr-2902	1046	3	frank	frank	PROPN
cblr-2902	1046	4	act	act	PROPN
cblr-2902	1046	5	§	§	PROPN
cblr-2902	1046	6	§	§	PROPN
cblr-2902	1046	7	210(b	210(b	PROPN
cblr-2902	1046	8	)	)	PUNCT
cblr-2902	1046	9	,	,	PUNCT
cblr-2902	1046	10	210(o)(1)(a	210(o)(1)(a	PROPN
cblr-2902	1046	11	)	)	PUNCT
cblr-2902	1046	12	,	,	PUNCT
cblr-2902	1046	13	210(o)(1)(b	210(o)(1)(b	NUM
cblr-2902	1046	14	)	)	PUNCT
cblr-2902	1046	15	,	,	PUNCT
cblr-2902	1046	16	210(o)(1)(d	210(o)(1)(d	NUM
cblr-2902	1046	17	)	)	PUNCT
cblr-2902	1046	18	,	,	PUNCT
cblr-2902	1046	19	210(o)(2	210(o)(2	NUM
cblr-2902	1046	20	)	)	PUNCT
cblr-2902	1046	21	,	,	PUNCT
cblr-2902	1046	22	210(o)(4	210(o)(4	PROPN
cblr-2902	1046	23	)	)	PUNCT
cblr-2902	1046	24	.	.	PUNCT
cblr-2902	1047	1	the	the	DET
cblr-2902	1047	2	swaps	swap	NOUN
cblr-2902	1047	3	bank	bank	NOUN
cblr-2902	1047	4	"	"	PUNCT
cblr-2902	1047	5	push	push	VERB
cblr-2902	1047	6	-	-	PUNCT
cblr-2902	1047	7	out	out	ADP
cblr-2902	1047	8	"	"	PUNCT
cblr-2902	1047	9	provision	provision	NOUN
cblr-2902	1047	10	includes	include	VERB
cblr-2902	1047	11	exemptions	exemption	NOUN
cblr-2902	1047	12	for	for	ADP
cblr-2902	1047	13	many	many	ADJ
cblr-2902	1047	14	cleared	clear	VERB
cblr-2902	1047	15	credit	credit	NOUN
cblr-2902	1047	16	default	default	NOUN
cblr-2902	1047	17	swaps	swap	NOUN
cblr-2902	1047	18	.	.	PUNCT
cblr-2902	1048	1	i	i	PRON
cblr-2902	1048	2	d.	d.	PROPN
cblr-2902	1048	3	§	§	PROPN
cblr-2902	1048	4	716	716	NUM
cblr-2902	1048	5	.	.	PUNCT
cblr-2902	1048	6	le	le	PROPN
cblr-2902	1048	7	vera	vera	PROPN
cblr-2902	1048	8	ged	ge	VERB
cblr-2902	1048	9	b	b	PROPN
cblr-2902	1048	10	uyo	uyo	PROPN
cblr-2902	1048	11	ut	ut	PROPN
cblr-2902	1048	12	bankr	bankr	PROPN
cblr-2902	1048	13	uptcies	uptcie	NOUN
cblr-2902	1048	14	183no	183no	NOUN
cblr-2902	1048	15	.	.	PUNCT
cblr-2902	1049	1	1	1	NUM
cblr-2902	1049	2	:	:	SYM
cblr-2902	1049	3	118]1	118]1	NUM
cblr-2902	1049	4	columbia	columbia	PROPN
cblr-2902	1049	5	business	business	PROPN
cblr-2902	1049	6	law	law	PROPN
cblr-2902	1049	7	review	review	NOUN
cblr-2902	1049	8	of	of	ADP
cblr-2902	1049	9	making	make	VERB
cblr-2902	1049	10	cds	cd	NOUN
cblr-2902	1049	11	pricing	pricing	NOUN
cblr-2902	1049	12	a	a	DET
cblr-2902	1049	13	purer	purer	NOUN
cblr-2902	1049	14	signal	signal	NOUN
cblr-2902	1049	15	of	of	ADP
cblr-2902	1049	16	default	default	NOUN
cblr-2902	1049	17	risk	risk	NOUN
cblr-2902	1049	18	of	of	ADP
cblr-2902	1049	19	the	the	DET
cblr-2902	1049	20	reference	reference	NOUN
cblr-2902	1049	21	entity	entity	NOUN
cblr-2902	1049	22	.	.	PUNCT
cblr-2902	1050	1	prior	prior	ADV
cblr-2902	1050	2	to	to	ADP
cblr-2902	1050	3	the	the	DET
cblr-2902	1050	4	financial	financial	ADJ
cblr-2902	1050	5	crisis	crisis	NOUN
cblr-2902	1050	6	,	,	PUNCT
cblr-2902	1050	7	the	the	DET
cblr-2902	1050	8	extent	extent	NOUN
cblr-2902	1050	9	to	to	PART
cblr-2902	1050	10	which	which	PRON
cblr-2902	1050	11	even	even	ADV
cblr-2902	1050	12	sophisticated	sophisticated	ADJ
cblr-2902	1050	13	parties	party	NOUN
cblr-2902	1050	14	were	be	AUX
cblr-2902	1050	15	caught	catch	VERB
cblr-2902	1050	16	off	off	ADP
cblr-2902	1050	17	-	-	PUNCT
cblr-2902	1050	18	guard	guard	NOUN
cblr-2902	1050	19	by	by	ADP
cblr-2902	1050	20	the	the	DET
cblr-2902	1050	21	inability	inability	NOUN
cblr-2902	1050	22	of	of	ADP
cblr-2902	1050	23	aig	aig	PROPN
cblr-2902	1050	24	to	to	PART
cblr-2902	1050	25	meet	meet	VERB
cblr-2902	1050	26	its	its	PRON
cblr-2902	1050	27	obligations	obligation	NOUN
cblr-2902	1050	28	suggests	suggest	VERB
cblr-2902	1050	29	that	that	SCONJ
cblr-2902	1050	30	counterparty	counterparty	NOUN
cblr-2902	1050	31	risk	risk	NOUN
cblr-2902	1050	32	of	of	ADP
cblr-2902	1050	33	protection	protection	NOUN
cblr-2902	1050	34	sellers	seller	NOUN
cblr-2902	1050	35	did	do	AUX
cblr-2902	1050	36	not	not	PART
cblr-2902	1050	37	affect	affect	VERB
cblr-2902	1050	38	the	the	DET
cblr-2902	1050	39	cds	cd	NOUN
cblr-2902	1050	40	market	market	NOUN
cblr-2902	1050	41	as	as	ADV
cblr-2902	1050	42	much	much	ADV
cblr-2902	1050	43	as	as	SCONJ
cblr-2902	1050	44	it	it	PRON
cblr-2902	1050	45	should	should	AUX
cblr-2902	1050	46	have	have	VERB
cblr-2902	1050	47	.	.	PUNCT
cblr-2902	1051	1	"	"	PUNCT
cblr-2902	1051	2	'	'	PUNCT
cblr-2902	1051	3	in	in	ADP
cblr-2902	1051	4	other	other	ADJ
cblr-2902	1051	5	words	word	NOUN
cblr-2902	1051	6	,	,	PUNCT
cblr-2902	1051	7	even	even	ADV
cblr-2902	1051	8	before	before	ADP
cblr-2902	1051	9	the	the	DET
cblr-2902	1051	10	recent	recent	ADJ
cblr-2902	1051	11	regulatory	regulatory	ADJ
cblr-2902	1051	12	reforms	reform	NOUN
cblr-2902	1051	13	,	,	PUNCT
cblr-2902	1051	14	cds	cd	NOUN
cblr-2902	1051	15	pricing	pricing	NOUN
cblr-2902	1051	16	was	be	AUX
cblr-2902	1051	17	probably	probably	ADV
cblr-2902	1051	18	relatively	relatively	ADV
cblr-2902	1051	19	unaffected	unaffected	ADJ
cblr-2902	1051	20	by	by	ADP
cblr-2902	1051	21	counterparty	counterparty	NOUN
cblr-2902	1051	22	risk	risk	NOUN
cblr-2902	1051	23	,	,	PUNCT
cblr-2902	1051	24	and	and	CCONJ
cblr-2902	1051	25	was	be	AUX
cblr-2902	1051	26	therefore	therefore	ADV
cblr-2902	1051	27	more	more	ADV
cblr-2902	1051	28	purely	purely	ADV
cblr-2902	1051	29	driven	drive	VERB
cblr-2902	1051	30	by	by	ADP
cblr-2902	1051	31	default	default	NOUN
cblr-2902	1051	32	risk	risk	NOUN
cblr-2902	1051	33	of	of	ADP
cblr-2902	1051	34	the	the	DET
cblr-2902	1051	35	reference	reference	NOUN
cblr-2902	1051	36	entity	entity	NOUN
cblr-2902	1051	37	.	.	PUNCT
cblr-2902	1052	1	3	3	X
cblr-2902	1052	2	.	.	X
cblr-2902	1052	3	high	high	ADJ
cblr-2902	1052	4	quality	quality	NOUN
cblr-2902	1052	5	market	market	NOUN
cblr-2902	1052	6	data	datum	NOUN
cblr-2902	1052	7	can	can	AUX
cblr-2902	1052	8	be	be	AUX
cblr-2902	1052	9	obtained	obtain	VERB
cblr-2902	1052	10	within	within	ADP
cblr-2902	1052	11	the	the	DET
cblr-2902	1052	12	context	context	NOUN
cblr-2902	1052	13	of	of	ADP
cblr-2902	1052	14	litigation	litigation	NOUN
cblr-2902	1052	15	a.	a.	PROPN
cblr-2902	1052	16	corporate	corporate	ADJ
cblr-2902	1052	17	bond	bond	NOUN
cblr-2902	1052	18	markets	market	NOUN
cblr-2902	1052	19	are	be	AUX
cblr-2902	1052	20	generally	generally	ADV
cblr-2902	1052	21	transparent	transparent	ADJ
cblr-2902	1052	22	detailed	detailed	ADJ
cblr-2902	1052	23	corporate	corporate	ADJ
cblr-2902	1052	24	bond	bond	NOUN
cblr-2902	1052	25	trade	trade	NOUN
cblr-2902	1052	26	data	datum	NOUN
cblr-2902	1052	27	-	-	PUNCT
cblr-2902	1052	28	including	include	VERB
cblr-2902	1052	29	price	price	NOUN
cblr-2902	1052	30	,	,	PUNCT
cblr-2902	1052	31	volume	volume	NOUN
cblr-2902	1052	32	,	,	PUNCT
cblr-2902	1052	33	date	date	NOUN
cblr-2902	1052	34	,	,	PUNCT
cblr-2902	1052	35	and	and	CCONJ
cblr-2902	1052	36	time	time	NOUN
cblr-2902	1052	37	-	-	PUNCT
cblr-2902	1052	38	is	be	AUX
cblr-2902	1052	39	available	available	ADJ
cblr-2902	1052	40	through	through	ADP
cblr-2902	1052	41	trace	trace	NOUN
cblr-2902	1052	42	,	,	PUNCT
cblr-2902	1052	43	the	the	DET
cblr-2902	1052	44	trade	trade	NOUN
cblr-2902	1052	45	reporting	reporting	NOUN
cblr-2902	1052	46	and	and	CCONJ
cblr-2902	1052	47	compliance	compliance	NOUN
cblr-2902	1052	48	engine	engine	NOUN
cblr-2902	1052	49	.	.	PUNCT
cblr-2902	1053	1	limited	limited	ADJ
cblr-2902	1053	2	data	datum	NOUN
cblr-2902	1053	3	is	be	AUX
cblr-2902	1053	4	available	available	ADJ
cblr-2902	1053	5	as	as	ADV
cblr-2902	1053	6	far	far	ADV
cblr-2902	1053	7	back	back	ADV
cblr-2902	1053	8	as	as	ADP
cblr-2902	1053	9	2002	2002	NUM
cblr-2902	1053	10	,	,	PUNCT
cblr-2902	1053	11	but	but	CCONJ
cblr-2902	1053	12	coverage	coverage	NOUN
cblr-2902	1053	13	greatly	greatly	ADV
cblr-2902	1053	14	expanded	expand	VERB
cblr-2902	1053	15	from	from	ADP
cblr-2902	1053	16	2003	2003	NUM
cblr-2902	1053	17	through	through	ADP
cblr-2902	1053	18	2005	2005	NUM
cblr-2902	1053	19	.	.	PUNCT
cblr-2902	1054	1	"	"	PUNCT
cblr-2902	1054	2	'	'	PUNCT
cblr-2902	1054	3	corporate	corporate	ADJ
cblr-2902	1054	4	bond	bond	NOUN
cblr-2902	1054	5	trades	trade	NOUN
cblr-2902	1054	6	must	must	AUX
cblr-2902	1054	7	be	be	AUX
cblr-2902	1054	8	disclosed	disclose	VERB
cblr-2902	1054	9	within	within	ADP
cblr-2902	1054	10	fifteen	fifteen	NUM
cblr-2902	1054	11	minutes	minute	NOUN
cblr-2902	1054	12	of	of	ADP
cblr-2902	1054	13	the	the	DET
cblr-2902	1054	14	trade	trade	NOUN
cblr-2902	1054	15	under	under	ADP
cblr-2902	1054	16	financial	financial	ADJ
cblr-2902	1054	17	industry	industry	NOUN
cblr-2902	1054	18	regulatory	regulatory	ADJ
cblr-2902	1054	19	authority	authority	NOUN
cblr-2902	1054	20	(	(	PUNCT
cblr-2902	1054	21	"	"	PUNCT
cblr-2902	1054	22	finra	finra	NOUN
cblr-2902	1054	23	"	"	PUNCT
cblr-2902	1054	24	)	)	PUNCT
cblr-2902	1054	25	rules	rule	NOUN
cblr-2902	1054	26	.	.	PUNCT
cblr-2902	1055	1	200	200	NUM
cblr-2902	1055	2	trace	trace	NOUN
cblr-2902	1055	3	data	datum	NOUN
cblr-2902	1055	4	may	may	AUX
cblr-2902	1055	5	be	be	AUX
cblr-2902	1055	6	downloaded	download	VERB
cblr-2902	1055	7	free	free	ADJ
cblr-2902	1055	8	of	of	ADP
cblr-2902	1055	9	charge	charge	NOUN
cblr-2902	1055	10	for	for	ADP
cblr-2902	1055	11	personal	personal	ADJ
cblr-2902	1055	12	use	use	NOUN
cblr-2902	1055	13	from	from	ADP
cblr-2902	1055	14	the	the	DET
cblr-2902	1055	15	finra	finra	PROPN
cblr-2902	1055	16	website	website	NOUN
cblr-2902	1055	17	,	,	PUNCT
cblr-2902	1055	18	but	but	CCONJ
cblr-2902	1055	19	it	it	PRON
cblr-2902	1055	20	is	be	AUX
cblr-2902	1055	21	also	also	ADV
cblr-2902	1055	22	available	available	ADJ
cblr-2902	1055	23	in	in	ADP
cblr-2902	1055	24	a	a	DET
cblr-2902	1055	25	more	more	ADV
cblr-2902	1055	26	userfriendly	userfriendly	ADJ
cblr-2902	1055	27	format	format	NOUN
cblr-2902	1055	28	from	from	ADP
cblr-2902	1055	29	financial	financial	ADJ
cblr-2902	1055	30	data	datum	NOUN
cblr-2902	1055	31	providers	provider	NOUN
cblr-2902	1055	32	such	such	ADJ
cblr-2902	1055	33	as	as	ADP
cblr-2902	1055	34	bloomberg	bloomberg	PROPN
cblr-2902	1055	35	professional	professional	ADJ
cblr-2902	1055	36	service	service	NOUN
cblr-2902	1055	37	and	and	CCONJ
cblr-2902	1055	38	markit	markit	NOUN
cblr-2902	1055	39	.	.	PUNCT
cblr-2902	1056	1	1	1	X
cblr-2902	1056	2	.	.	X
cblr-2902	1056	3	see	see	VERB
cblr-2902	1056	4	simkovic	simkovic	ADJ
cblr-2902	1056	5	,	,	PUNCT
cblr-2902	1056	6	supra	supra	PROPN
cblr-2902	1056	7	note	note	NOUN
cblr-2902	1056	8	1	1	NUM
cblr-2902	1056	9	,	,	PUNCT
cblr-2902	1056	10	at	at	ADP
cblr-2902	1056	11	274	274	NUM
cblr-2902	1056	12	n.109	n.109	ADJ
cblr-2902	1056	13	.	.	PUNCT
cblr-2902	1057	1	19	19	NUM
cblr-2902	1057	2	see	see	VERB
cblr-2902	1057	3	finra	finra	PROPN
cblr-2902	1057	4	news	news	PROPN
cblr-2902	1057	5	release	release	NOUN
cblr-2902	1057	6	,	,	PUNCT
cblr-2902	1057	7	supra	supra	PROPN
cblr-2902	1057	8	note	note	NOUN
cblr-2902	1057	9	140	140	NUM
cblr-2902	1057	10	.	.	NOUN
cblr-2902	1057	11	20	20	NUM
cblr-2902	1057	12	finra	finra	PROPN
cblr-2902	1057	13	manual	manual	NOUN
cblr-2902	1057	14	§	§	PROPN
cblr-2902	1057	15	6739(a	6739(a	NOUN
cblr-2902	1057	16	)	)	PUNCT
cblr-2902	1057	17	(	(	PUNCT
cblr-2902	1057	18	2010	2010	NUM
cblr-2902	1057	19	)	)	PUNCT
cblr-2902	1057	20	,	,	PUNCT
cblr-2902	1057	21	available	available	ADJ
cblr-2902	1057	22	at	at	ADP
cblr-2902	1057	23	http://finra	http://finra	PROPN
cblr-2902	1057	24	.	.	PUNCT
cblr-2902	1058	1	complinet.com/en/display/displaymain.html?rbid=2403&elementid=4402	complinet.com/en/display/displaymain.html?rbid=2403&elementid=4402	PROPN
cblr-2902	1058	2	(	(	PUNCT
cblr-2902	1058	3	last	last	ADV
cblr-2902	1058	4	visited	visit	VERB
cblr-2902	1058	5	mar	mar	PROPN
cblr-2902	1058	6	.	.	PROPN
cblr-2902	1058	7	4	4	NUM
cblr-2902	1058	8	,	,	PUNCT
cblr-2902	1058	9	2011	2011	NUM
cblr-2902	1058	10	)	)	PUNCT
cblr-2902	1058	11	.	.	PUNCT
cblr-2902	1059	1	until	until	ADP
cblr-2902	1059	2	july	july	PROPN
cblr-2902	1059	3	2005	2005	NUM
cblr-2902	1059	4	,	,	PUNCT
cblr-2902	1059	5	dealers	dealer	NOUN
cblr-2902	1059	6	were	be	AUX
cblr-2902	1059	7	required	require	VERB
cblr-2902	1059	8	to	to	PART
cblr-2902	1059	9	disclose	disclose	VERB
cblr-2902	1059	10	trades	trade	NOUN
cblr-2902	1059	11	within	within	ADP
cblr-2902	1059	12	thirty	thirty	NUM
cblr-2902	1059	13	minutes	minute	NOUN
cblr-2902	1059	14	.	.	PUNCT
cblr-2902	1060	1	see	see	VERB
cblr-2902	1060	2	finra	finra	PROPN
cblr-2902	1060	3	news	news	PROPN
cblr-2902	1060	4	release	release	NOUN
cblr-2902	1060	5	,	,	PUNCT
cblr-2902	1060	6	supra	supra	PROPN
cblr-2902	1060	7	note	note	NOUN
cblr-2902	1060	8	140	140	NUM
cblr-2902	1060	9	.	.	PUNCT
cblr-2902	1061	1	[	[	X
cblr-2902	1061	2	vol	vol	NOUN
cblr-2902	1061	3	.	.	PUNCT
cblr-2902	1061	4	2011184	2011184	NUM
cblr-2902	1061	5	b.	b.	X
cblr-2902	1062	1	although	although	SCONJ
cblr-2902	1062	2	cds	cd	NOUN
cblr-2902	1062	3	markets	market	NOUN
cblr-2902	1062	4	are	be	AUX
cblr-2902	1062	5	generally	generally	ADV
cblr-2902	1062	6	not	not	PART
cblr-2902	1062	7	transparent	transparent	ADJ
cblr-2902	1062	8	,	,	PUNCT
cblr-2902	1062	9	litigation	litigation	NOUN
cblr-2902	1062	10	can	can	AUX
cblr-2902	1062	11	shed	shed	VERB
cblr-2902	1062	12	new	new	ADJ
cblr-2902	1062	13	light	light	NOUN
cblr-2902	1062	14	on	on	ADP
cblr-2902	1062	15	their	their	PRON
cblr-2902	1062	16	inner	inner	ADJ
cblr-2902	1062	17	workings	working	NOUN
cblr-2902	1062	18	historically	historically	ADV
cblr-2902	1062	19	,	,	PUNCT
cblr-2902	1062	20	the	the	DET
cblr-2902	1062	21	cds	cd	NOUN
cblr-2902	1062	22	market	market	NOUN
cblr-2902	1062	23	was	be	AUX
cblr-2902	1062	24	largely	largely	ADV
cblr-2902	1062	25	unregulated	unregulated	ADJ
cblr-2902	1062	26	,	,	PUNCT
cblr-2902	1062	27	and	and	CCONJ
cblr-2902	1062	28	,	,	PUNCT
cblr-2902	1062	29	as	as	ADP
cblr-2902	1062	30	a	a	DET
cblr-2902	1062	31	result	result	NOUN
cblr-2902	1062	32	,	,	PUNCT
cblr-2902	1062	33	detailed	detailed	ADJ
cblr-2902	1062	34	and	and	CCONJ
cblr-2902	1062	35	reliable	reliable	ADJ
cblr-2902	1062	36	data	datum	NOUN
cblr-2902	1062	37	about	about	ADP
cblr-2902	1062	38	pricing	pricing	NOUN
cblr-2902	1062	39	and	and	CCONJ
cblr-2902	1062	40	volume	volume	NOUN
cblr-2902	1062	41	is	be	AUX
cblr-2902	1062	42	hard	hard	ADJ
cblr-2902	1062	43	to	to	ADP
cblr-2902	1062	44	obtain.2	obtain.2	PROPN
cblr-2902	1062	45	01	01	NUM
cblr-2902	1062	46	however	however	ADV
cblr-2902	1062	47	,	,	PUNCT
cblr-2902	1062	48	several	several	ADJ
cblr-2902	1062	49	private	private	ADJ
cblr-2902	1062	50	entities	entity	NOUN
cblr-2902	1062	51	currently	currently	ADV
cblr-2902	1062	52	aggregate	aggregate	VERB
cblr-2902	1062	53	,	,	PUNCT
cblr-2902	1062	54	validate	validate	NOUN
cblr-2902	1062	55	,	,	PUNCT
cblr-2902	1062	56	and	and	CCONJ
cblr-2902	1062	57	sell	sell	VERB
cblr-2902	1062	58	pricing	pricing	NOUN
cblr-2902	1062	59	information	information	NOUN
cblr-2902	1062	60	provided	provide	VERB
cblr-2902	1062	61	to	to	ADP
cblr-2902	1062	62	them	they	PRON
cblr-2902	1062	63	by	by	ADP
cblr-2902	1062	64	private	private	ADJ
cblr-2902	1062	65	market	market	NOUN
cblr-2902	1062	66	participants.2	participants.2	NOUN
cblr-2902	1062	67	0	0	NUM
cblr-2902	1062	68	2	2	NUM
cblr-2902	1062	69	the	the	DET
cblr-2902	1062	70	cds	cds	NOUN
cblr-2902	1062	71	market	market	NOUN
cblr-2902	1062	72	will	will	AUX
cblr-2902	1062	73	likely	likely	ADV
cblr-2902	1062	74	become	become	VERB
cblr-2902	1062	75	more	more	ADV
cblr-2902	1062	76	transparent	transparent	ADJ
cblr-2902	1062	77	in	in	ADP
cblr-2902	1062	78	the	the	DET
cblr-2902	1062	79	near	near	ADJ
cblr-2902	1062	80	future	future	NOUN
cblr-2902	1062	81	because	because	SCONJ
cblr-2902	1062	82	the	the	DET
cblr-2902	1062	83	dodd	dodd	PROPN
cblr-2902	1062	84	-	-	PUNCT
cblr-2902	1062	85	frank	frank	PROPN
cblr-2902	1062	86	wall	wall	PROPN
cblr-2902	1062	87	street	street	PROPN
cblr-2902	1062	88	reform	reform	PROPN
cblr-2902	1062	89	and	and	CCONJ
cblr-2902	1062	90	consumer	consumer	NOUN
cblr-2902	1062	91	protection	protection	NOUN
cblr-2902	1062	92	act	act	NOUN
cblr-2902	1062	93	requires	require	VERB
cblr-2902	1062	94	the	the	DET
cblr-2902	1062	95	securities	securities	PROPN
cblr-2902	1062	96	and	and	CCONJ
cblr-2902	1062	97	exchange	exchange	PROPN
cblr-2902	1062	98	commission	commission	PROPN
cblr-2902	1062	99	and	and	CCONJ
cblr-2902	1062	100	the	the	DET
cblr-2902	1062	101	commodities	commodity	NOUN
cblr-2902	1062	102	futures	futures	PROPN
cblr-2902	1062	103	trading	trading	NOUN
cblr-2902	1062	104	commission	commission	NOUN
cblr-2902	1062	105	to	to	PART
cblr-2902	1062	106	promulgate	promulgate	VERB
cblr-2902	1062	107	rules	rule	NOUN
cblr-2902	1062	108	for	for	ADP
cblr-2902	1062	109	real	real	ADJ
cblr-2902	1062	110	-	-	PUNCT
cblr-2902	1062	111	time	time	NOUN
cblr-2902	1062	112	public	public	ADJ
cblr-2902	1062	113	reporting	reporting	NOUN
cblr-2902	1062	114	of	of	ADP
cblr-2902	1062	115	swap	swap	NOUN
cblr-2902	1062	116	transaction	transaction	NOUN
cblr-2902	1062	117	price	price	NOUN
cblr-2902	1062	118	and	and	CCONJ
cblr-2902	1062	119	volume	volume	NOUN
cblr-2902	1062	120	data.20	data.20	PROPN
cblr-2902	1062	121	3	3	NUM
cblr-2902	1062	122	two	two	NUM
cblr-2902	1062	123	of	of	ADP
cblr-2902	1062	124	the	the	DET
cblr-2902	1062	125	leading	lead	VERB
cblr-2902	1062	126	data	data	NOUN
cblr-2902	1062	127	providers	provider	NOUN
cblr-2902	1062	128	of	of	ADP
cblr-2902	1062	129	historical	historical	ADJ
cblr-2902	1062	130	cds	cd	NOUN
cblr-2902	1062	131	pricing	pricing	NOUN
cblr-2902	1062	132	are	be	AUX
cblr-2902	1062	133	markit	markit	NOUN
cblr-2902	1062	134	,	,	PUNCT
cblr-2902	1062	135	which	which	PRON
cblr-2902	1062	136	is	be	AUX
cblr-2902	1062	137	affiliated	affiliate	VERB
cblr-2902	1062	138	with	with	ADP
cblr-2902	1062	139	cds	cd	NOUN
cblr-2902	1062	140	dealers	dealer	NOUN
cblr-2902	1062	141	(	(	PUNCT
cblr-2902	1062	142	large	large	ADJ
cblr-2902	1062	143	investment	investment	NOUN
cblr-2902	1062	144	banks),2	banks),2	NOUN
cblr-2902	1062	145	04	04	NUM
cblr-2902	1062	146	and	and	CCONJ
cblr-2902	1062	147	cme	cme	PROPN
cblr-2902	1062	148	group	group	NOUN
cblr-2902	1062	149	's	's	PART
cblr-2902	1062	150	cma	cma	PROPN
cblr-2902	1062	151	datavision	datavision	NOUN
cblr-2902	1062	152	,	,	PUNCT
cblr-2902	1062	153	which	which	PRON
cblr-2902	1062	154	is	be	AUX
cblr-2902	1062	155	affiliated	affiliate	VERB
cblr-2902	1062	156	with	with	ADP
cblr-2902	1062	157	large	large	ADJ
cblr-2902	1062	158	derivatives	derivative	NOUN
cblr-2902	1062	159	buyers	buyer	NOUN
cblr-2902	1062	160	(	(	PUNCT
cblr-2902	1062	161	hedge	hedge	NOUN
cblr-2902	1062	162	funds	fund	NOUN
cblr-2902	1062	163	,	,	PUNCT
cblr-2902	1062	164	mutual	mutual	ADJ
cblr-2902	1062	165	funds	fund	NOUN
cblr-2902	1062	166	,	,	PUNCT
cblr-2902	1062	167	insurance	insurance	NOUN
cblr-2902	1062	168	companies	company	NOUN
cblr-2902	1062	169	,	,	PUNCT
cblr-2902	1062	170	pension	pension	NOUN
cblr-2902	1062	171	funds	fund	NOUN
cblr-2902	1062	172	,	,	PUNCT
cblr-2902	1062	173	etc.).2	etc.).2	PROPN
cblr-2902	1062	174	05	05	NUM
cblr-2902	1062	175	markit	markit	NOUN
cblr-2902	1062	176	calculates	calculate	VERB
cblr-2902	1062	177	its	its	PRON
cblr-2902	1062	178	daily	daily	ADJ
cblr-2902	1062	179	closing	closing	NOUN
cblr-2902	1062	180	prices	price	NOUN
cblr-2902	1062	181	201	201	NUM
cblr-2902	1062	182	see	see	VERB
cblr-2902	1062	183	simkovic	simkovic	ADJ
cblr-2902	1062	184	,	,	PUNCT
cblr-2902	1062	185	supra	supra	PROPN
cblr-2902	1062	186	note	note	NOUN
cblr-2902	1062	187	1	1	NUM
cblr-2902	1062	188	,	,	PUNCT
cblr-2902	1062	189	at	at	ADP
cblr-2902	1062	190	274	274	NUM
cblr-2902	1062	191	.	.	NOUN
cblr-2902	1062	192	2	2	NUM
cblr-2902	1062	193	"	"	PUNCT
cblr-2902	1062	194	the	the	DET
cblr-2902	1062	195	discussion	discussion	NOUN
cblr-2902	1062	196	of	of	ADP
cblr-2902	1062	197	private	private	ADJ
cblr-2902	1062	198	data	datum	NOUN
cblr-2902	1062	199	providers	provider	NOUN
cblr-2902	1062	200	that	that	PRON
cblr-2902	1062	201	follows	follow	VERB
cblr-2902	1062	202	is	be	AUX
cblr-2902	1062	203	based	base	VERB
cblr-2902	1062	204	on	on	ADP
cblr-2902	1062	205	a	a	DET
cblr-2902	1062	206	combination	combination	NOUN
cblr-2902	1062	207	of	of	ADP
cblr-2902	1062	208	those	those	DET
cblr-2902	1062	209	providers	provider	NOUN
cblr-2902	1062	210	'	'	PART
cblr-2902	1062	211	marketing	marketing	NOUN
cblr-2902	1062	212	materials	material	NOUN
cblr-2902	1062	213	and	and	CCONJ
cblr-2902	1062	214	conversations	conversation	NOUN
cblr-2902	1062	215	with	with	ADP
cblr-2902	1062	216	employees	employee	NOUN
cblr-2902	1062	217	and	and	CCONJ
cblr-2902	1062	218	customers	customer	NOUN
cblr-2902	1062	219	of	of	ADP
cblr-2902	1062	220	those	those	DET
cblr-2902	1062	221	data	datum	NOUN
cblr-2902	1062	222	providers	provider	NOUN
cblr-2902	1062	223	.	.	PUNCT
cblr-2902	1063	1	20	20	NUM
cblr-2902	1063	2	dodd	dodd	PROPN
cblr-2902	1063	3	-	-	PUNCT
cblr-2902	1063	4	frank	frank	PROPN
cblr-2902	1063	5	wall	wall	PROPN
cblr-2902	1063	6	street	street	PROPN
cblr-2902	1063	7	reform	reform	PROPN
cblr-2902	1063	8	and	and	CCONJ
cblr-2902	1063	9	consumer	consumer	NOUN
cblr-2902	1063	10	protection	protection	PROPN
cblr-2902	1063	11	act	act	PROPN
cblr-2902	1063	12	,	,	PUNCT
cblr-2902	1063	13	§	§	PROPN
cblr-2902	1063	14	753(i	753(i	PROPN
cblr-2902	1063	15	)	)	PUNCT
cblr-2902	1063	16	(	(	PUNCT
cblr-2902	1063	17	to	to	PART
cblr-2902	1063	18	be	be	AUX
cblr-2902	1063	19	codified	codify	VERB
cblr-2902	1063	20	at	at	ADP
cblr-2902	1063	21	15	15	NUM
cblr-2902	1063	22	u.s.c	u.s.c	ADJ
cblr-2902	1063	23	.	.	PUNCT
cblr-2902	1064	1	§	§	PROPN
cblr-2902	1064	2	78a	78a	NOUN
cblr-2902	1064	3	)	)	PUNCT
cblr-2902	1064	4	.	.	PUNCT
cblr-2902	1065	1	204	204	NUM
cblr-2902	1065	2	markit	markit	NOUN
cblr-2902	1065	3	was	be	AUX
cblr-2902	1065	4	initially	initially	ADV
cblr-2902	1065	5	backed	back	VERB
cblr-2902	1065	6	by	by	ADP
cblr-2902	1065	7	goldman	goldman	PROPN
cblr-2902	1065	8	sachs	sachs	PROPN
cblr-2902	1065	9	,	,	PUNCT
cblr-2902	1065	10	j.p	j.p	PROPN
cblr-2902	1065	11	.	.	PROPN
cblr-2902	1065	12	morgan	morgan	PROPN
cblr-2902	1065	13	,	,	PUNCT
cblr-2902	1065	14	and	and	CCONJ
cblr-2902	1065	15	several	several	ADJ
cblr-2902	1065	16	other	other	ADJ
cblr-2902	1065	17	banks	bank	NOUN
cblr-2902	1065	18	that	that	PRON
cblr-2902	1065	19	are	be	AUX
cblr-2902	1065	20	leading	lead	VERB
cblr-2902	1065	21	derivatives	derivative	NOUN
cblr-2902	1065	22	dealers	dealer	NOUN
cblr-2902	1065	23	.	.	PUNCT
cblr-2902	1066	1	see	see	VERB
cblr-2902	1066	2	nelson	nelson	PROPN
cblr-2902	1066	3	d.	d.	PROPN
cblr-2902	1066	4	schwartz	schwartz	PROPN
cblr-2902	1066	5	&	&	CCONJ
cblr-2902	1066	6	eric	eric	PROPN
cblr-2902	1066	7	dash	dash	NOUN
cblr-2902	1066	8	,	,	PUNCT
cblr-2902	1066	9	banks	bank	NOUN
cblr-2902	1066	10	bet	bet	VERB
cblr-2902	1066	11	greece	greece	PROPN
cblr-2902	1066	12	defaults	default	NOUN
cblr-2902	1066	13	on	on	ADP
cblr-2902	1066	14	debt	debt	NOUN
cblr-2902	1066	15	they	they	PRON
cblr-2902	1066	16	helped	help	VERB
cblr-2902	1066	17	hide	hide	VERB
cblr-2902	1066	18	,	,	PUNCT
cblr-2902	1066	19	n.y	n.y	PROPN
cblr-2902	1066	20	.	.	PROPN
cblr-2902	1066	21	times	times	PROPN
cblr-2902	1066	22	,	,	PUNCT
cblr-2902	1066	23	feb	feb	PROPN
cblr-2902	1066	24	.	.	PROPN
cblr-2902	1066	25	25	25	NUM
cblr-2902	1066	26	,	,	PUNCT
cblr-2902	1066	27	2010	2010	NUM
cblr-2902	1066	28	,	,	PUNCT
cblr-2902	1066	29	at	at	ADP
cblr-2902	1066	30	al	al	PROPN
cblr-2902	1066	31	.	.	PUNCT
cblr-2902	1067	1	however	however	ADV
cblr-2902	1067	2	,	,	PUNCT
cblr-2902	1067	3	markit	markit	NOUN
cblr-2902	1067	4	describes	describe	VERB
cblr-2902	1067	5	itself	itself	PRON
cblr-2902	1067	6	as	as	ADP
cblr-2902	1067	7	an	an	DET
cblr-2902	1067	8	"	"	PUNCT
cblr-2902	1067	9	independent	independent	ADJ
cblr-2902	1067	10	source	source	NOUN
cblr-2902	1067	11	of	of	ADP
cblr-2902	1067	12	credit	credit	NOUN
cblr-2902	1067	13	derivative	derivative	ADJ
cblr-2902	1067	14	pricing	pricing	NOUN
cblr-2902	1067	15	.	.	PUNCT
cblr-2902	1067	16	"	"	PUNCT
cblr-2902	1068	1	see	see	VERB
cblr-2902	1068	2	about	about	ADP
cblr-2902	1068	3	markit	markit	NOUN
cblr-2902	1068	4	,	,	PUNCT
cblr-2902	1068	5	markit	markit	NOUN
cblr-2902	1068	6	,	,	PUNCT
cblr-2902	1068	7	http://www.markit.com/en/about/about-markit.page	http://www.markit.com/en/about/about-markit.page	NOUN
cblr-2902	1068	8	(	(	PUNCT
cblr-2902	1068	9	last	last	ADJ
cblr-2902	1068	10	visited	visit	VERB
cblr-2902	1068	11	mar	mar	PROPN
cblr-2902	1068	12	.	.	PROPN
cblr-2902	1068	13	4	4	NUM
cblr-2902	1068	14	,	,	PUNCT
cblr-2902	1068	15	2011	2011	NUM
cblr-2902	1068	16	)	)	PUNCT
cblr-2902	1068	17	.	.	PUNCT
cblr-2902	1069	1	205	205	NUM
cblr-2902	1069	2	cds	cd	NOUN
cblr-2902	1069	3	pricing	pricing	NOUN
cblr-2902	1069	4	data	datum	NOUN
cblr-2902	1069	5	providers	provider	NOUN
cblr-2902	1069	6	other	other	ADJ
cblr-2902	1069	7	than	than	ADP
cblr-2902	1069	8	markit	markit	NOUN
cblr-2902	1069	9	and	and	CCONJ
cblr-2902	1069	10	cma	cma	NOUN
cblr-2902	1069	11	include	include	VERB
cblr-2902	1069	12	moody	moody	PROPN
cblr-2902	1069	13	's	's	PART
cblr-2902	1069	14	creditquotes	creditquote	NOUN
cblr-2902	1069	15	and	and	CCONJ
cblr-2902	1069	16	fitch	fitch	VERB
cblr-2902	1069	17	pricing	pricing	NOUN
cblr-2902	1069	18	services	service	NOUN
cblr-2902	1069	19	.	.	PUNCT
cblr-2902	1070	1	moody	moody	PROPN
cblr-2902	1070	2	's	's	PART
cblr-2902	1070	3	creditquotes	creditquote	NOUN
cblr-2902	1070	4	appears	appear	VERB
cblr-2902	1070	5	to	to	PART
cblr-2902	1070	6	be	be	AUX
cblr-2902	1070	7	similar	similar	ADJ
cblr-2902	1070	8	to	to	AUX
cblr-2902	1070	9	cma	cma	VERB
cblr-2902	1070	10	in	in	ADP
cblr-2902	1070	11	that	that	SCONJ
cblr-2902	1070	12	its	its	PRON
cblr-2902	1070	13	pricing	pricing	NOUN
cblr-2902	1070	14	data	datum	NOUN
cblr-2902	1070	15	comes	come	VERB
cblr-2902	1070	16	from	from	ADP
cblr-2902	1070	17	quotes	quote	NOUN
cblr-2902	1070	18	observed	observe	VERB
cblr-2902	1070	19	by	by	ADP
cblr-2902	1070	20	buy	buy	NOUN
cblr-2902	1070	21	-	-	PUNCT
cblr-2902	1070	22	side	side	NOUN
cblr-2902	1070	23	institutions	institution	NOUN
cblr-2902	1070	24	.	.	PUNCT
cblr-2902	1071	1	fitch	fitch	PROPN
cblr-2902	1071	2	appears	appear	VERB
cblr-2902	1071	3	to	to	PART
cblr-2902	1071	4	be	be	AUX
cblr-2902	1071	5	similar	similar	ADJ
cblr-2902	1071	6	to	to	ADP
cblr-2902	1071	7	markit	markit	NOUN
cblr-2902	1071	8	in	in	ADP
cblr-2902	1071	9	that	that	PRON
cblr-2902	1071	10	pricing	pricing	NOUN
cblr-2902	1071	11	data	datum	NOUN
cblr-2902	1071	12	comes	come	VERB
cblr-2902	1071	13	from	from	ADP
cblr-2902	1071	14	dealers	dealer	NOUN
cblr-2902	1071	15	'	'	PART
cblr-2902	1071	16	books	book	NOUN
cblr-2902	1071	17	(	(	PUNCT
cblr-2902	1071	18	brochures	brochure	NOUN
cblr-2902	1071	19	,	,	PUNCT
cblr-2902	1071	20	on	on	ADP
cblr-2902	1071	21	file	file	NOUN
cblr-2902	1071	22	with	with	ADP
cblr-2902	1071	23	author	author	NOUN
cblr-2902	1071	24	)	)	PUNCT
cblr-2902	1071	25	.	.	PUNCT
cblr-2902	1072	1	le	le	PROPN
cblr-2902	1072	2	vera	vera	PROPN
cblr-2902	1072	3	ged	ge	VERB
cblr-2902	1072	4	b	b	PROPN
cblr-2902	1072	5	uyo	uyo	PROPN
cblr-2902	1072	6	ut	ut	PROPN
cblr-2902	1072	7	bankr	bankr	PROPN
cblr-2902	1072	8	uptcies	uptcie	NOUN
cblr-2902	1072	9	i85no	i85no	PROPN
cblr-2902	1072	10	.	.	PROPN
cblr-2902	1073	1	1	1	NUM
cblr-2902	1073	2	:	:	SYM
cblr-2902	1073	3	1181	1181	NUM
cblr-2902	1073	4	columbia	columbia	PROPN
cblr-2902	1073	5	business	business	PROPN
cblr-2902	1073	6	law	law	PROPN
cblr-2902	1073	7	review	review	NOUN
cblr-2902	1073	8	based	base	VERB
cblr-2902	1073	9	on	on	ADP
cblr-2902	1073	10	the	the	DET
cblr-2902	1073	11	prices	price	NOUN
cblr-2902	1073	12	dealers	dealer	NOUN
cblr-2902	1073	13	record	record	VERB
cblr-2902	1073	14	in	in	ADP
cblr-2902	1073	15	their	their	PRON
cblr-2902	1073	16	books,206	books,206	NOUN
cblr-2902	1073	17	while	while	SCONJ
cblr-2902	1073	18	cma	cma	PROPN
cblr-2902	1073	19	calculates	calculate	VERB
cblr-2902	1073	20	daily	daily	ADJ
cblr-2902	1073	21	prices	price	NOUN
cblr-2902	1073	22	based	base	VERB
cblr-2902	1073	23	on	on	ADP
cblr-2902	1073	24	intraday	intraday	NOUN
cblr-2902	1073	25	trading	trading	NOUN
cblr-2902	1073	26	quotes	quote	NOUN
cblr-2902	1073	27	sent	send	VERB
cblr-2902	1073	28	to	to	ADP
cblr-2902	1073	29	large	large	ADJ
cblr-2902	1073	30	derivatives	derivative	NOUN
cblr-2902	1073	31	users.20	users.20	NOUN
cblr-2902	1073	32	7	7	NUM
cblr-2902	1073	33	markit	markit	NOUN
cblr-2902	1073	34	's	's	PART
cblr-2902	1073	35	coverage	coverage	NOUN
cblr-2902	1073	36	is	be	AUX
cblr-2902	1073	37	broader	broad	ADJ
cblr-2902	1073	38	-	-	PUNCT
cblr-2902	1073	39	markit	markit	NOUN
cblr-2902	1073	40	covers	cover	VERB
cblr-2902	1073	41	approximately	approximately	ADV
cblr-2902	1073	42	3,000	3,000	NUM
cblr-2902	1073	43	entities208	entities208	PROPN
cblr-2902	1073	44	while	while	SCONJ
cblr-2902	1073	45	cma	cma	NOUN
cblr-2902	1073	46	only	only	ADV
cblr-2902	1073	47	covers	cover	VERB
cblr-2902	1073	48	about	about	ADP
cblr-2902	1073	49	1,500.209	1,500.209	NUM
cblr-2902	1073	50	but	but	CCONJ
cblr-2902	1073	51	,	,	PUNCT
cblr-2902	1073	52	cma	cma	PROPN
cblr-2902	1073	53	's	's	PART
cblr-2902	1073	54	data	datum	NOUN
cblr-2902	1073	55	is	be	AUX
cblr-2902	1073	56	richer	rich	ADJ
cblr-2902	1073	57	because	because	SCONJ
cblr-2902	1073	58	cma	cma	NOUN
cblr-2902	1073	59	includes	include	VERB
cblr-2902	1073	60	bid	bid	NOUN
cblr-2902	1073	61	-	-	PUNCT
cblr-2902	1073	62	ask	ask	NOUN
cblr-2902	1073	63	spreads	spread	NOUN
cblr-2902	1073	64	while	while	SCONJ
cblr-2902	1073	65	markit	markit	NOUN
cblr-2902	1073	66	only	only	ADV
cblr-2902	1073	67	provides	provide	VERB
cblr-2902	1073	68	a	a	DET
cblr-2902	1073	69	single	single	ADJ
cblr-2902	1073	70	price.2	price.2	PROPN
cblr-2902	1073	71	10	10	NUM
cblr-2902	1073	72	daily	daily	ADJ
cblr-2902	1073	73	cds	cd	NOUN
cblr-2902	1073	74	trading	trading	NOUN
cblr-2902	1073	75	volume	volume	NOUN
cblr-2902	1073	76	is	be	AUX
cblr-2902	1073	77	generally	generally	ADV
cblr-2902	1073	78	not	not	PART
cblr-2902	1073	79	publicly	publicly	ADV
cblr-2902	1073	80	or	or	CCONJ
cblr-2902	1073	81	commercially	commercially	ADV
cblr-2902	1073	82	available	available	ADJ
cblr-2902	1073	83	,	,	PUNCT
cblr-2902	1073	84	but	but	CCONJ
cblr-2902	1073	85	limited	limited	ADJ
cblr-2902	1073	86	weekly	weekly	ADJ
cblr-2902	1073	87	data	datum	NOUN
cblr-2902	1073	88	has	have	AUX
cblr-2902	1073	89	been	be	AUX
cblr-2902	1073	90	published	publish	VERB
cblr-2902	1073	91	by	by	ADP
cblr-2902	1073	92	the	the	DET
cblr-2902	1073	93	depository	depository	PROPN
cblr-2902	1073	94	trust	trust	PROPN
cblr-2902	1073	95	&	&	CCONJ
cblr-2902	1073	96	clearing	clearing	PROPN
cblr-2902	1073	97	corporation	corporation	NOUN
cblr-2902	1073	98	(	(	PUNCT
cblr-2902	1073	99	"	"	PUNCT
cblr-2902	1073	100	dtcc	dtcc	PROPN
cblr-2902	1073	101	"	"	PUNCT
cblr-2902	1073	102	)	)	PUNCT
cblr-2902	1073	103	since	since	SCONJ
cblr-2902	1073	104	november	november	PROPN
cblr-2902	1073	105	2008.211	2008.211	NUM
cblr-2902	1073	106	the	the	DET
cblr-2902	1073	107	dtcc	dtcc	NOUN
cblr-2902	1073	108	clears	clear	VERB
cblr-2902	1073	109	the	the	DET
cblr-2902	1073	110	overwhelming	overwhelming	ADJ
cblr-2902	1073	111	majority	majority	NOUN
cblr-2902	1073	112	of	of	ADP
cblr-2902	1073	113	cds	cd	NOUN
cblr-2902	1073	114	transactions	transaction	NOUN
cblr-2902	1073	115	and	and	CCONJ
cblr-2902	1073	116	probably	probably	ADV
cblr-2902	1073	117	has	have	VERB
cblr-2902	1073	118	the	the	DET
cblr-2902	1073	119	best	good	ADJ
cblr-2902	1073	120	aggregate	aggregate	ADJ
cblr-2902	1073	121	market	market	NOUN
cblr-2902	1073	122	data.212	data.212	ADJ
cblr-2902	1073	123	20	20	NUM
cblr-2902	1073	124	because	because	SCONJ
cblr-2902	1073	125	markit	markit	NOUN
cblr-2902	1073	126	depends	depend	VERB
cblr-2902	1073	127	on	on	ADP
cblr-2902	1073	128	accounting	account	VERB
cblr-2902	1073	129	by	by	ADP
cblr-2902	1073	130	dealers	dealer	NOUN
cblr-2902	1073	131	rather	rather	ADV
cblr-2902	1073	132	than	than	ADP
cblr-2902	1073	133	individual	individual	ADJ
cblr-2902	1073	134	trades	trade	NOUN
cblr-2902	1073	135	or	or	CCONJ
cblr-2902	1073	136	market	market	NOUN
cblr-2902	1073	137	quotes	quote	NOUN
cblr-2902	1073	138	,	,	PUNCT
cblr-2902	1073	139	it	it	PRON
cblr-2902	1073	140	uses	use	VERB
cblr-2902	1073	141	an	an	DET
cblr-2902	1073	142	algorithm	algorithm	NOUN
cblr-2902	1073	143	to	to	PART
cblr-2902	1073	144	detect	detect	VERB
cblr-2902	1073	145	and	and	CCONJ
cblr-2902	1073	146	remove	remove	VERB
cblr-2902	1073	147	prices	price	NOUN
cblr-2902	1073	148	that	that	PRON
cblr-2902	1073	149	are	be	AUX
cblr-2902	1073	150	"	"	PUNCT
cblr-2902	1073	151	stale	stale	ADJ
cblr-2902	1073	152	,	,	PUNCT
cblr-2902	1073	153	"	"	PUNCT
cblr-2902	1073	154	outliers	outlier	NOUN
cblr-2902	1073	155	,	,	PUNCT
cblr-2902	1073	156	or	or	CCONJ
cblr-2902	1073	157	otherwise	otherwise	ADV
cblr-2902	1073	158	seem	seem	VERB
cblr-2902	1073	159	inaccurate	inaccurate	ADJ
cblr-2902	1073	160	or	or	CCONJ
cblr-2902	1073	161	suspicious	suspicious	ADJ
cblr-2902	1073	162	.	.	PUNCT
cblr-2902	1074	1	see	see	VERB
cblr-2902	1074	2	markit	markit	NOUN
cblr-2902	1074	3	cds	cd	NOUN
cblr-2902	1074	4	pricing	pricing	NOUN
cblr-2902	1074	5	,	,	PUNCT
cblr-2902	1074	6	markit	markit	NOUN
cblr-2902	1074	7	,	,	PUNCT
cblr-2902	1074	8	http://www.markit.com/	http://www.markit.com/	NOUN
cblr-2902	1074	9	en	en	PROPN
cblr-2902	1074	10	/	/	SYM
cblr-2902	1074	11	products	product	NOUN
cblr-2902	1074	12	/	/	SYM
cblr-2902	1074	13	data	datum	NOUN
cblr-2902	1074	14	/	/	SYM
cblr-2902	1074	15	cds	cd	NOUN
cblr-2902	1074	16	-	-	PUNCT
cblr-2902	1074	17	pricing	pricing	NOUN
cblr-2902	1074	18	/	/	SYM
cblr-2902	1074	19	cds	cds	NOUN
cblr-2902	1074	20	-	-	PUNCT
cblr-2902	1074	21	pricing.page	pricing.page	NOUN
cblr-2902	1074	22	(	(	PUNCT
cblr-2902	1074	23	last	last	ADV
cblr-2902	1074	24	visited	visit	VERB
cblr-2902	1074	25	mar	mar	PROPN
cblr-2902	1074	26	.	.	PROPN
cblr-2902	1074	27	4	4	NUM
cblr-2902	1074	28	,	,	PUNCT
cblr-2902	1074	29	2011	2011	NUM
cblr-2902	1074	30	)	)	PUNCT
cblr-2902	1074	31	.	.	PUNCT
cblr-2902	1075	1	207	207	NUM
cblr-2902	1075	2	cma	cma	PROPN
cblr-2902	1075	3	claims	claim	NOUN
cblr-2902	1075	4	that	that	SCONJ
cblr-2902	1075	5	its	its	PRON
cblr-2902	1075	6	prices	price	NOUN
cblr-2902	1075	7	are	be	AUX
cblr-2902	1075	8	more	more	ADV
cblr-2902	1075	9	reliable	reliable	ADJ
cblr-2902	1075	10	because	because	SCONJ
cblr-2902	1075	11	they	they	PRON
cblr-2902	1075	12	are	be	AUX
cblr-2902	1075	13	"	"	PUNCT
cblr-2902	1075	14	observed	observed	ADJ
cblr-2902	1075	15	market	market	NOUN
cblr-2902	1075	16	prices	price	NOUN
cblr-2902	1075	17	"	"	PUNCT
cblr-2902	1075	18	seen	see	VERB
cblr-2902	1075	19	by	by	ADP
cblr-2902	1075	20	"	"	PUNCT
cblr-2902	1075	21	front	front	ADJ
cblr-2902	1075	22	office	office	NOUN
cblr-2902	1075	23	"	"	PUNCT
cblr-2902	1075	24	traders	trader	NOUN
cblr-2902	1075	25	.	.	PUNCT
cblr-2902	1076	1	see	see	VERB
cblr-2902	1076	2	cma	cma	PROPN
cblr-2902	1076	3	data	datum	NOUN
cblr-2902	1076	4	vision	vision	NOUN
cblr-2902	1076	5	:	:	PUNCT
cblr-2902	1076	6	cds	cds	PROPN
cblr-2902	1076	7	pricing	pricing	NOUN
cblr-2902	1076	8	from	from	ADP
cblr-2902	1076	9	the	the	DET
cblr-2902	1076	10	best	good	ADJ
cblr-2902	1076	11	vantage	vantage	NOUN
cblr-2902	1076	12	point	point	NOUN
cblr-2902	1076	13	:	:	PUNCT
cblr-2902	1076	14	the	the	DET
cblr-2902	1076	15	buy	buy	NOUN
cblr-2902	1076	16	-	-	PUNCT
cblr-2902	1076	17	side	side	NOUN
cblr-2902	1076	18	front	front	ADJ
cblr-2902	1076	19	office	office	NOUN
cblr-2902	1076	20	,	,	PUNCT
cblr-2902	1076	21	cma	cma	NOUN
cblr-2902	1076	22	,	,	PUNCT
cblr-2902	1076	23	http://web.archive.org/web/20080622183745/www.cmavision.com/	http://web.archive.org/web/20080622183745/www.cmavision.com/	PROPN
cblr-2902	1076	24	productsandservices	productsandservice	NOUN
cblr-2902	1076	25	/	/	SYM
cblr-2902	1076	26	datavision/	datavision/	NUM
cblr-2902	1076	27	(	(	PUNCT
cblr-2902	1076	28	last	last	ADV
cblr-2902	1076	29	visited	visit	VERB
cblr-2902	1076	30	mar	mar	PROPN
cblr-2902	1076	31	.	.	PROPN
cblr-2902	1076	32	4	4	NUM
cblr-2902	1076	33	,	,	PUNCT
cblr-2902	1076	34	2011	2011	NUM
cblr-2902	1076	35	)	)	PUNCT
cblr-2902	1076	36	.	.	PUNCT
cblr-2902	1077	1	however	however	ADV
cblr-2902	1077	2	,	,	PUNCT
cblr-2902	1077	3	it	it	PRON
cblr-2902	1077	4	should	should	AUX
cblr-2902	1077	5	be	be	AUX
cblr-2902	1077	6	noted	note	VERB
cblr-2902	1077	7	that	that	SCONJ
cblr-2902	1077	8	cma	cma	PROPN
cblr-2902	1077	9	's	's	PART
cblr-2902	1077	10	prices	price	NOUN
cblr-2902	1077	11	are	be	AUX
cblr-2902	1077	12	not	not	PART
cblr-2902	1077	13	necessarily	necessarily	ADV
cblr-2902	1077	14	prices	price	NOUN
cblr-2902	1077	15	at	at	ADP
cblr-2902	1077	16	which	which	PRON
cblr-2902	1077	17	transactions	transaction	NOUN
cblr-2902	1077	18	took	take	VERB
cblr-2902	1077	19	place	place	NOUN
cblr-2902	1077	20	,	,	PUNCT
cblr-2902	1077	21	only	only	ADV
cblr-2902	1077	22	prices	price	NOUN
cblr-2902	1077	23	at	at	ADP
cblr-2902	1077	24	which	which	PRON
cblr-2902	1077	25	dealers	dealer	NOUN
cblr-2902	1077	26	offered	offer	VERB
cblr-2902	1077	27	to	to	PART
cblr-2902	1077	28	transact	transact	VERB
cblr-2902	1077	29	.	.	PUNCT
cblr-2902	1078	1	208	208	NUM
cblr-2902	1078	2	see	see	NOUN
cblr-2902	1078	3	markit	markit	NOUN
cblr-2902	1078	4	cds	cd	NOUN
cblr-2902	1078	5	pricing	pricing	NOUN
cblr-2902	1078	6	,	,	PUNCT
cblr-2902	1078	7	markit	markit	NOUN
cblr-2902	1078	8	,	,	PUNCT
cblr-2902	1078	9	http://www.markit.comlen/	http://www.markit.comlen/	NOUN
cblr-2902	1078	10	products	product	NOUN
cblr-2902	1078	11	/	/	SYM
cblr-2902	1078	12	data	data	PROPN
cblr-2902	1078	13	/	/	SYM
cblr-2902	1078	14	cds	cd	NOUN
cblr-2902	1078	15	-	-	PUNCT
cblr-2902	1078	16	pricing	pricing	NOUN
cblr-2902	1078	17	/	/	SYM
cblr-2902	1078	18	cds	cd	NOUN
cblr-2902	1078	19	-	-	PUNCT
cblr-2902	1078	20	pricing.page	pricing.page	NOUN
cblr-2902	1078	21	?	?	PUNCT
cblr-2902	1079	1	(	(	PUNCT
cblr-2902	1079	2	last	last	ADV
cblr-2902	1079	3	visited	visit	VERB
cblr-2902	1079	4	mar	mar	PROPN
cblr-2902	1079	5	.	.	PROPN
cblr-2902	1079	6	4	4	NUM
cblr-2902	1079	7	,	,	PUNCT
cblr-2902	1079	8	2011	2011	NUM
cblr-2902	1079	9	)	)	PUNCT
cblr-2902	1079	10	.	.	PUNCT
cblr-2902	1080	1	"	"	PUNCT
cblr-2902	1080	2	see	see	VERB
cblr-2902	1080	3	cma	cma	PROPN
cblr-2902	1080	4	historical	historical	ADJ
cblr-2902	1080	5	cds	cd	NOUN
cblr-2902	1080	6	prices	price	NOUN
cblr-2902	1080	7	,	,	PUNCT
cblr-2902	1080	8	cma	cma	NOUN
cblr-2902	1080	9	,	,	PUNCT
cblr-2902	1080	10	http://www.cmavision.com/	http://www.cmavision.com/	ADJ
cblr-2902	1080	11	products	product	NOUN
cblr-2902	1080	12	-	-	PUNCT
cblr-2902	1080	13	solutions	solution	NOUN
cblr-2902	1080	14	/	/	SYM
cblr-2902	1080	15	cma	cma	NOUN
cblr-2902	1080	16	-	-	PUNCT
cblr-2902	1080	17	datavision	datavision	NOUN
cblr-2902	1080	18	-	-	PUNCT
cblr-2902	1080	19	historical	historical	ADJ
cblr-2902	1080	20	-	-	PUNCT
cblr-2902	1080	21	cds	cd	NOUN
cblr-2902	1080	22	-	-	PUNCT
cblr-2902	1080	23	prices	price	NOUN
cblr-2902	1080	24	(	(	PUNCT
cblr-2902	1080	25	last	last	ADV
cblr-2902	1080	26	visited	visit	VERB
cblr-2902	1080	27	mar	mar	PROPN
cblr-2902	1080	28	.	.	PROPN
cblr-2902	1080	29	4	4	NUM
cblr-2902	1080	30	,	,	PUNCT
cblr-2902	1080	31	2011	2011	NUM
cblr-2902	1080	32	)	)	PUNCT
cblr-2902	1080	33	.	.	PUNCT
cblr-2902	1081	1	2o	2o	NOUN
cblr-2902	1081	2	the	the	DET
cblr-2902	1081	3	bid	bid	NOUN
cblr-2902	1081	4	-	-	PUNCT
cblr-2902	1081	5	ask	ask	NOUN
cblr-2902	1081	6	spread	spread	NOUN
cblr-2902	1081	7	is	be	AUX
cblr-2902	1081	8	the	the	DET
cblr-2902	1081	9	difference	difference	NOUN
cblr-2902	1081	10	between	between	ADP
cblr-2902	1081	11	the	the	DET
cblr-2902	1081	12	price	price	NOUN
cblr-2902	1081	13	at	at	ADP
cblr-2902	1081	14	which	which	PRON
cblr-2902	1081	15	dealers	dealer	NOUN
cblr-2902	1081	16	are	be	AUX
cblr-2902	1081	17	willing	willing	ADJ
cblr-2902	1081	18	to	to	PART
cblr-2902	1081	19	buy	buy	VERB
cblr-2902	1081	20	cds	cd	NOUN
cblr-2902	1081	21	protection	protection	NOUN
cblr-2902	1081	22	and	and	CCONJ
cblr-2902	1081	23	the	the	DET
cblr-2902	1081	24	price	price	NOUN
cblr-2902	1081	25	at	at	ADP
cblr-2902	1081	26	which	which	PRON
cblr-2902	1081	27	they	they	PRON
cblr-2902	1081	28	are	be	AUX
cblr-2902	1081	29	willing	willing	ADJ
cblr-2902	1081	30	to	to	PART
cblr-2902	1081	31	sell	sell	VERB
cblr-2902	1081	32	it	it	PRON
cblr-2902	1081	33	.	.	PUNCT
cblr-2902	1082	1	this	this	DET
cblr-2902	1082	2	spread	spread	NOUN
cblr-2902	1082	3	is	be	AUX
cblr-2902	1082	4	the	the	DET
cblr-2902	1082	5	dealer	dealer	NOUN
cblr-2902	1082	6	's	's	PART
cblr-2902	1082	7	profit	profit	NOUN
cblr-2902	1082	8	margin	margin	NOUN
cblr-2902	1082	9	on	on	ADP
cblr-2902	1082	10	each	each	DET
cblr-2902	1082	11	pair	pair	NOUN
cblr-2902	1082	12	of	of	ADP
cblr-2902	1082	13	offsetting	offset	VERB
cblr-2902	1082	14	trades	trade	NOUN
cblr-2902	1082	15	.	.	PUNCT
cblr-2902	1083	1	211	211	NUM
cblr-2902	1083	2	press	press	NOUN
cblr-2902	1083	3	release	release	NOUN
cblr-2902	1083	4	,	,	PUNCT
cblr-2902	1083	5	depository	depository	NOUN
cblr-2902	1083	6	trust	trust	NOUN
cblr-2902	1083	7	and	and	CCONJ
cblr-2902	1083	8	clearing	clearing	NOUN
cblr-2902	1083	9	corporation	corporation	NOUN
cblr-2902	1083	10	,	,	PUNCT
cblr-2902	1083	11	dtcc	dtcc	VERB
cblr-2902	1083	12	to	to	PART
cblr-2902	1083	13	provide	provide	VERB
cblr-2902	1083	14	cds	cd	NOUN
cblr-2902	1083	15	data	datum	NOUN
cblr-2902	1083	16	from	from	ADP
cblr-2902	1083	17	trade	trade	NOUN
cblr-2902	1083	18	information	information	NOUN
cblr-2902	1083	19	warehouse	warehouse	NOUN
cblr-2902	1083	20	(	(	PUNCT
cblr-2902	1083	21	oct	oct	PROPN
cblr-2902	1083	22	.	.	PROPN
cblr-2902	1083	23	31	31	NUM
cblr-2902	1083	24	,	,	PUNCT
cblr-2902	1083	25	2008	2008	NUM
cblr-2902	1083	26	)	)	PUNCT
cblr-2902	1083	27	,	,	PUNCT
cblr-2902	1083	28	available	available	ADJ
cblr-2902	1083	29	at	at	ADP
cblr-2902	1083	30	http://www.dtcc.com/news/press/releases/2008/warehouse	http://www.dtcc.com/news/press/releases/2008/warehouse	PROPN
cblr-2902	1083	31	data	datum	NOUN
cblr-2902	1083	32	values.php	values.php	NUM
cblr-2902	1083	33	,	,	PUNCT
cblr-2902	1083	34	(	(	PUNCT
cblr-2902	1083	35	last	last	ADJ
cblr-2902	1083	36	visited	visit	VERB
cblr-2902	1083	37	mar	mar	PROPN
cblr-2902	1083	38	.	.	PROPN
cblr-2902	1083	39	4	4	NUM
cblr-2902	1083	40	,	,	PUNCT
cblr-2902	1083	41	2011	2011	NUM
cblr-2902	1083	42	)	)	PUNCT
cblr-2902	1083	43	.	.	PUNCT
cblr-2902	1084	1	212	212	NUM
cblr-2902	1084	2	products	product	NOUN
cblr-2902	1084	3	&	&	CCONJ
cblr-2902	1084	4	services	service	NOUN
cblr-2902	1084	5	,	,	PUNCT
cblr-2902	1084	6	dtcc	dtcc	PROPN
cblr-2902	1084	7	deriv	deriv	PROPN
cblr-2902	1084	8	/	/	SYM
cblr-2902	1084	9	serv	serv	PROPN
cblr-2902	1084	10	llc	llc	PROPN
cblr-2902	1084	11	,	,	PUNCT
cblr-2902	1084	12	global	global	ADJ
cblr-2902	1084	13	repository	repository	NOUN
cblr-2902	1084	14	for	for	ADP
cblr-2902	1084	15	otc	otc	PROPN
cblr-2902	1084	16	credit	credit	NOUN
cblr-2902	1084	17	derivatives	derivative	NOUN
cblr-2902	1084	18	,	,	PUNCT
cblr-2902	1084	19	the	the	DET
cblr-2902	1084	20	depository	depository	PROPN
cblr-2902	1084	21	trust	trust	PROPN
cblr-2902	1084	22	&	&	CCONJ
cblr-2902	1084	23	clearing	clearing	PROPN
cblr-2902	1084	24	corp	corp	PROPN
cblr-2902	1084	25	.	.	PROPN
cblr-2902	1084	26	,	,	PUNCT
cblr-2902	1084	27	http://www.dtcc.com/products/derivserv/suite/trade-reporting-repository	http://www.dtcc.com/products/derivserv/suite/trade-reporting-repository	PROPN
cblr-2902	1084	28	.	.	PUNCT
cblr-2902	1084	29	php	php	PROPN
cblr-2902	1084	30	(	(	PUNCT
cblr-2902	1084	31	last	last	ADV
cblr-2902	1084	32	visited	visit	VERB
cblr-2902	1084	33	mar	mar	PROPN
cblr-2902	1084	34	.	.	PROPN
cblr-2902	1084	35	4	4	NUM
cblr-2902	1084	36	,	,	PUNCT
cblr-2902	1084	37	2011	2011	NUM
cblr-2902	1084	38	)	)	PUNCT
cblr-2902	1084	39	(	(	PUNCT
cblr-2902	1084	40	"	"	PUNCT
cblr-2902	1084	41	dtcc	dtcc	PROPN
cblr-2902	1084	42	's	's	PART
cblr-2902	1084	43	trade	trade	NOUN
cblr-2902	1084	44	information	information	NOUN
cblr-2902	1084	45	warehouse	warehouse	NOUN
cblr-2902	1084	46	's	's	PART
cblr-2902	1084	47	186	186	NUM
cblr-2902	1084	48	[	[	NOUN
cblr-2902	1084	49	vol	vol	NOUN
cblr-2902	1084	50	.	.	PUNCT
cblr-2902	1084	51	2011	2011	NUM
cblr-2902	1084	52	the	the	DET
cblr-2902	1084	53	chart	chart	NOUN
cblr-2902	1084	54	below	below	ADV
cblr-2902	1084	55	shows	show	NOUN
cblr-2902	1084	56	aggregate	aggregate	VERB
cblr-2902	1084	57	weekly	weekly	ADJ
cblr-2902	1084	58	single	single	ADJ
cblr-2902	1084	59	name	name	NOUN
cblr-2902	1084	60	corporate	corporate	ADJ
cblr-2902	1084	61	cds	cd	NOUN
cblr-2902	1084	62	protection	protection	NOUN
cblr-2902	1084	63	sales	sale	NOUN
cblr-2902	1084	64	(	(	PUNCT
cblr-2902	1084	65	gross	gross	ADJ
cblr-2902	1084	66	notional	notional	ADJ
cblr-2902	1084	67	value	value	NOUN
cblr-2902	1084	68	)	)	PUNCT
cblr-2902	1084	69	by	by	ADP
cblr-2902	1084	70	dealers	dealer	NOUN
cblr-2902	1084	71	and	and	CCONJ
cblr-2902	1084	72	nondealers	nondealer	NOUN
cblr-2902	1084	73	,	,	PUNCT
cblr-2902	1084	74	aggregated	aggregate	VERB
cblr-2902	1084	75	by	by	ADP
cblr-2902	1084	76	the	the	DET
cblr-2902	1084	77	industry	industry	NOUN
cblr-2902	1084	78	of	of	ADP
cblr-2902	1084	79	the	the	DET
cblr-2902	1084	80	reference	reference	NOUN
cblr-2902	1084	81	entity	entity	NOUN
cblr-2902	1084	82	.	.	PUNCT
cblr-2902	1085	1	figure	figure	VERB
cblr-2902	1085	2	7	7	NUM
cblr-2902	1085	3	:	:	PUNCT
cblr-2902	1085	4	data	datum	NOUN
cblr-2902	1085	5	suggests	suggest	VERB
cblr-2902	1085	6	that	that	SCONJ
cblr-2902	1085	7	the	the	DET
cblr-2902	1085	8	market	market	NOUN
cblr-2902	1085	9	is	be	AUX
cblr-2902	1085	10	(	(	PUNCT
cblr-2902	1085	11	reasonably	reasonably	ADV
cblr-2902	1085	12	)	)	PUNCT
cblr-2902	1085	13	liquid	liquid	ADJ
cblr-2902	1085	14	single	single	ADJ
cblr-2902	1085	15	name	name	NOUN
cblr-2902	1085	16	corporate	corporate	ADJ
cblr-2902	1085	17	credit	credit	NOUN
cblr-2902	1085	18	default	default	NOUN
cblr-2902	1085	19	swap	swap	NOUN
cblr-2902	1085	20	protection	protection	NOUN
cblr-2902	1085	21	sales	sale	NOUN
cblr-2902	1085	22	gross	gross	ADJ
cblr-2902	1085	23	notional	notional	ADJ
cblr-2902	1085	24	,	,	PUNCT
cblr-2902	1085	25	usd	usd	NOUN
cblr-2902	1085	26	billions	billion	NOUN
cblr-2902	1085	27	,	,	PUNCT
cblr-2902	1085	28	week	week	NOUN
cblr-2902	1085	29	ending	end	VERB
cblr-2902	1085	30	6	6	NUM
cblr-2902	1085	31	-	-	SYM
cblr-2902	1085	32	18	18	NUM
cblr-2902	1085	33	-	-	SYM
cblr-2902	1085	34	2010	2010	NUM
cblr-2902	1085	35	200	200	NUM
cblr-2902	1085	36	consumer	consumer	NOUN
cblr-2902	1085	37	services	service	NOUN
cblr-2902	1085	38	financials	financial	NOUN
cblr-2902	1085	39	consumer	consumer	NOUN
cblr-2902	1085	40	goods	good	NOUN
cblr-2902	1085	41	technology	technology	NOUN
cblr-2902	1085	42	/	/	SYM
cblr-2902	1085	43	telecom	telecom	NOUN
cblr-2902	1085	44	basic	basic	ADJ
cblr-2902	1085	45	materials	material	NOUN
cblr-2902	1085	46	utilities	utility	NOUN
cblr-2902	1085	47	industrials	industrial	NOUN
cblr-2902	1085	48	oil	oil	NOUN
cblr-2902	1085	49	&	&	CCONJ
cblr-2902	1085	50	gas	gas	PROPN
cblr-2902	1085	51	other	other	ADJ
cblr-2902	1085	52	healthcare	healthcare	NOUN
cblr-2902	1085	53	corporate	corporate	ADJ
cblr-2902	1085	54	cds	cd	NOUN
cblr-2902	1085	55	c	c	AUX
cblr-2902	1085	56	-	-	PUNCT
cblr-2902	1085	57	total	total	ADJ
cblr-2902	1085	58	40	40	NUM
cblr-2902	1085	59	s	s	NOUN
cblr-2902	1085	60	dealers	dealer	NOUN
cblr-2902	1085	61	i	i	PRON
cblr-2902	1085	62	customers	customer	NOUN
cblr-2902	1085	63	source	source	NOUN
cblr-2902	1085	64	:	:	PUNCT
cblr-2902	1085	65	depository	depository	NOUN
cblr-2902	1085	66	trust	trust	PROPN
cblr-2902	1085	67	&	&	CCONJ
cblr-2902	1085	68	clearing	clearing	PROPN
cblr-2902	1085	69	corporation	corporation	NOUN
cblr-2902	1085	70	,	,	PUNCT
cblr-2902	1085	71	trade	trade	NOUN
cblr-2902	1085	72	information	information	NOUN
cblr-2902	1085	73	warehouse	warehouse	NOUN
cblr-2902	1085	74	table	table	NOUN
cblr-2902	1085	75	11	11	NUM
cblr-2902	1085	76	:	:	PUNCT
cblr-2902	1085	77	weekly	weekly	ADJ
cblr-2902	1085	78	activity	activity	NOUN
cblr-2902	1085	79	single	single	ADJ
cblr-2902	1085	80	name	name	NOUN
cblr-2902	1085	81	reference	reference	NOUN
cblr-2902	1085	82	entity	entity	NOUN
cblr-2902	1085	83	type	type	NOUN
cblr-2902	1085	84	by	by	ADP
cblr-2902	1085	85	seller	seller	NOUN
cblr-2902	1085	86	of	of	ADP
cblr-2902	1085	87	protection	protection	NOUN
cblr-2902	1085	88	unfortunately	unfortunately	ADV
cblr-2902	1085	89	,	,	PUNCT
cblr-2902	1085	90	the	the	DET
cblr-2902	1085	91	publicly	publicly	ADV
cblr-2902	1085	92	available	available	ADJ
cblr-2902	1085	93	data	datum	NOUN
cblr-2902	1085	94	is	be	AUX
cblr-2902	1085	95	not	not	PART
cblr-2902	1085	96	sufficient	sufficient	ADJ
cblr-2902	1085	97	to	to	PART
cblr-2902	1085	98	construct	construct	VERB
cblr-2902	1085	99	a	a	DET
cblr-2902	1085	100	daily	daily	ADJ
cblr-2902	1085	101	volume	volume	NOUN
cblr-2902	1085	102	-	-	PUNCT
cblr-2902	1085	103	weighted	weight	VERB
cblr-2902	1085	104	average	average	ADJ
cblr-2902	1085	105	price	price	NOUN
cblr-2902	1085	106	,	,	PUNCT
cblr-2902	1085	107	and	and	CCONJ
cblr-2902	1085	108	those	those	PRON
cblr-2902	1085	109	who	who	PRON
cblr-2902	1085	110	are	be	AUX
cblr-2902	1085	111	not	not	PART
cblr-2902	1085	112	derivatives	derivative	NOUN
cblr-2902	1085	113	dealers	dealer	NOUN
cblr-2902	1085	114	must	must	AUX
cblr-2902	1085	115	therefore	therefore	ADV
cblr-2902	1085	116	rely	rely	VERB
cblr-2902	1085	117	on	on	ADP
cblr-2902	1085	118	pricing	pricing	NOUN
cblr-2902	1085	119	data	datum	NOUN
cblr-2902	1085	120	supplied	supply	VERB
cblr-2902	1085	121	by	by	ADP
cblr-2902	1085	122	commercial	commercial	ADJ
cblr-2902	1085	123	data	datum	NOUN
cblr-2902	1085	124	providers	provider	NOUN
cblr-2902	1085	125	.	.	PUNCT
cblr-2902	1086	1	however	however	ADV
cblr-2902	1086	2	,	,	PUNCT
cblr-2902	1086	3	a	a	DET
cblr-2902	1086	4	bankruptcy	bankruptcy	NOUN
cblr-2902	1086	5	court	court	NOUN
cblr-2902	1086	6	intent	intent	NOUN
cblr-2902	1086	7	on	on	ADP
cblr-2902	1086	8	using	use	VERB
cblr-2902	1086	9	cds	cds	PROPN
cblr-2902	1086	10	data	datum	NOUN
cblr-2902	1086	11	to	to	PART
cblr-2902	1086	12	adjudicate	adjudicate	VERB
cblr-2902	1086	13	fraudulent	fraudulent	ADJ
cblr-2902	1086	14	transfer	transfer	NOUN
cblr-2902	1086	15	claims	claim	NOUN
cblr-2902	1086	16	need	need	AUX
cblr-2902	1086	17	not	not	PART
cblr-2902	1086	18	limit	limit	VERB
cblr-2902	1086	19	itself	itself	PRON
cblr-2902	1086	20	to	to	PART
cblr-2902	1086	21	publicly	publicly	ADV
cblr-2902	1086	22	or	or	CCONJ
cblr-2902	1086	23	commercially	commercially	ADV
cblr-2902	1086	24	available	available	ADJ
cblr-2902	1086	25	data	datum	NOUN
cblr-2902	1086	26	.	.	PUNCT
cblr-2902	1087	1	the	the	DET
cblr-2902	1087	2	court	court	NOUN
cblr-2902	1087	3	could	could	AUX
cblr-2902	1087	4	permit	permit	VERB
cblr-2902	1087	5	the	the	DET
cblr-2902	1087	6	litigants	litigant	NOUN
cblr-2902	1087	7	-	-	PUNCT
cblr-2902	1087	8	likely	likely	ADJ
cblr-2902	1087	9	major	major	ADJ
cblr-2902	1087	10	banks	bank	NOUN
cblr-2902	1087	11	and	and	CCONJ
cblr-2902	1087	12	hedge	hedge	NOUN
cblr-2902	1087	13	funds	fund	NOUN
cblr-2902	1087	14	with	with	ADP
cblr-2902	1087	15	significant	significant	ADJ
cblr-2902	1087	16	trading	trading	NOUN
cblr-2902	1087	17	operations	operation	NOUN
cblr-2902	1087	18	-	-	PUNCT
cblr-2902	1087	19	discovery	discovery	NOUN
cblr-2902	1087	20	of	of	ADP
cblr-2902	1087	21	one	one	NUM
cblr-2902	1087	22	another	another	PRON
cblr-2902	1087	23	's	's	PART
cblr-2902	1087	24	trades	trade	NOUN
cblr-2902	1087	25	in	in	ADP
cblr-2902	1087	26	debt	debt	NOUN
cblr-2902	1087	27	of	of	ADP
cblr-2902	1087	28	the	the	DET
cblr-2902	1087	29	debtor	debtor	NOUN
cblr-2902	1087	30	and	and	CCONJ
cblr-2902	1087	31	credit	credit	NOUN
cblr-2902	1087	32	derivatives	derivative	NOUN
cblr-2902	1087	33	tied	tie	VERB
cblr-2902	1087	34	to	to	ADP
cblr-2902	1087	35	the	the	DET
cblr-2902	1087	36	value	value	NOUN
cblr-2902	1087	37	of	of	ADP
cblr-2902	1087	38	that	that	DET
cblr-2902	1087	39	debt	debt	NOUN
cblr-2902	1087	40	.	.	PUNCT
cblr-2902	1088	1	such	such	ADJ
cblr-2902	1088	2	discovery	discovery	NOUN
cblr-2902	1088	3	would	would	AUX
cblr-2902	1088	4	permit	permit	VERB
cblr-2902	1088	5	the	the	DET
cblr-2902	1088	6	court	court	NOUN
cblr-2902	1088	7	to	to	PART
cblr-2902	1088	8	reconstruct	reconstruct	VERB
cblr-2902	1088	9	a	a	DET
cblr-2902	1088	10	volume	volume	NOUN
cblr-2902	1088	11	-	-	PUNCT
cblr-2902	1088	12	weighted	weight	VERB
cblr-2902	1088	13	average	average	ADJ
cblr-2902	1088	14	price	price	NOUN
cblr-2902	1088	15	.	.	PUNCT
cblr-2902	1089	1	global	global	ADJ
cblr-2902	1089	2	repository	repository	NOUN
cblr-2902	1089	3	for	for	ADP
cblr-2902	1089	4	otc	otc	PROPN
cblr-2902	1089	5	credit	credit	NOUN
cblr-2902	1089	6	derivatives	derivative	NOUN
cblr-2902	1089	7	maintains	maintain	VERB
cblr-2902	1089	8	the	the	DET
cblr-2902	1089	9	official	official	ADJ
cblr-2902	1089	10	legal	legal	ADJ
cblr-2902	1089	11	,	,	PUNCT
cblr-2902	1089	12	or	or	CCONJ
cblr-2902	1089	13	'	'	PUNCT
cblr-2902	1089	14	gold	gold	NOUN
cblr-2902	1089	15	'	'	PUNCT
cblr-2902	1089	16	record	record	NOUN
cblr-2902	1089	17	for	for	ADP
cblr-2902	1089	18	virtually	virtually	ADV
cblr-2902	1089	19	all	all	PRON
cblr-2902	1089	20	credit	credit	NOUN
cblr-2902	1089	21	derivatives	derivative	NOUN
cblr-2902	1089	22	transactions	transaction	NOUN
cblr-2902	1089	23	.	.	PUNCT
cblr-2902	1089	24	"	"	PUNCT
cblr-2902	1089	25	)	)	PUNCT
cblr-2902	1089	26	.	.	PUNCT
cblr-2902	1090	1	ol	ol	PROPN
cblr-2902	1090	2	le	le	AUX
cblr-2902	1090	3	vera	vera	PROPN
cblr-2902	1090	4	ged	ge	VERB
cblr-2902	1090	5	b	b	PROPN
cblr-2902	1090	6	uyo	uyo	PROPN
cblr-2902	1090	7	ut	ut	PROPN
cblr-2902	1090	8	bankruptciesno	bankruptciesno	PROPN
cblr-2902	1090	9	.	.	PROPN
cblr-2902	1091	1	1	1	NUM
cblr-2902	1091	2	:	:	SYM
cblr-2902	1091	3	118	118	NUM
cblr-2902	1091	4	]	]	SYM
cblr-2902	1091	5	187	187	NUM
cblr-2902	1091	6	columbia	columbia	PROPN
cblr-2902	1091	7	business	business	NOUN
cblr-2902	1091	8	law	law	PROPN
cblr-2902	1091	9	review	review	VERB
cblr-2902	1091	10	the	the	DET
cblr-2902	1091	11	court	court	NOUN
cblr-2902	1091	12	might	might	AUX
cblr-2902	1091	13	even	even	ADV
cblr-2902	1091	14	be	be	AUX
cblr-2902	1091	15	able	able	ADJ
cblr-2902	1091	16	to	to	PART
cblr-2902	1091	17	encourage	encourage	VERB
cblr-2902	1091	18	the	the	DET
cblr-2902	1091	19	limited	limited	ADJ
cblr-2902	1091	20	disclosure	disclosure	NOUN
cblr-2902	1091	21	of	of	ADP
cblr-2902	1091	22	dtcc	dtcc	PROPN
cblr-2902	1091	23	cds	cds	PROPN
cblr-2902	1091	24	price	price	NOUN
cblr-2902	1091	25	and	and	CCONJ
cblr-2902	1091	26	volume	volume	NOUN
cblr-2902	1091	27	data	datum	NOUN
cblr-2902	1091	28	,	,	PUNCT
cblr-2902	1091	29	because	because	SCONJ
cblr-2902	1091	30	the	the	DET
cblr-2902	1091	31	dtcc	dtcc	NOUN
cblr-2902	1091	32	's	's	PART
cblr-2902	1091	33	owners	owner	NOUN
cblr-2902	1091	34	and	and	CCONJ
cblr-2902	1091	35	customers	customer	NOUN
cblr-2902	1091	36	are	be	AUX
cblr-2902	1091	37	large	large	ADJ
cblr-2902	1091	38	banks	bank	NOUN
cblr-2902	1091	39	that	that	PRON
cblr-2902	1091	40	are	be	AUX
cblr-2902	1091	41	frequently	frequently	ADV
cblr-2902	1091	42	defendants	defendant	NOUN
cblr-2902	1091	43	in	in	ADP
cblr-2902	1091	44	fraudulent	fraudulent	ADJ
cblr-2902	1091	45	transfer	transfer	NOUN
cblr-2902	1091	46	actions	action	NOUN
cblr-2902	1091	47	.	.	PUNCT
cblr-2902	1092	1	4	4	X
cblr-2902	1092	2	.	.	X
cblr-2902	1092	3	simple	simple	ADJ
cblr-2902	1092	4	,	,	PUNCT
cblr-2902	1092	5	robust	robust	ADJ
cblr-2902	1092	6	,	,	PUNCT
cblr-2902	1092	7	manipulation	manipulation	NOUN
cblr-2902	1092	8	-	-	PUNCT
cblr-2902	1092	9	resistant	resistant	ADJ
cblr-2902	1092	10	equations	equation	NOUN
cblr-2902	1092	11	can	can	AUX
cblr-2902	1092	12	be	be	AUX
cblr-2902	1092	13	used	use	VERB
cblr-2902	1092	14	to	to	PART
cblr-2902	1092	15	calculate	calculate	VERB
cblr-2902	1092	16	marketimplied	marketimplie	VERB
cblr-2902	1092	17	probabilities	probability	NOUN
cblr-2902	1092	18	of	of	ADP
cblr-2902	1092	19	default	default	NOUN
cblr-2902	1092	20	based	base	VERB
cblr-2902	1092	21	on	on	ADP
cblr-2902	1092	22	credit	credit	NOUN
cblr-2902	1092	23	market	market	NOUN
cblr-2902	1092	24	prices	price	NOUN
cblr-2902	1092	25	a.	a.	NOUN
cblr-2902	1092	26	how	how	SCONJ
cblr-2902	1092	27	to	to	PART
cblr-2902	1092	28	calculate	calculate	VERB
cblr-2902	1092	29	credit	credit	NOUN
cblr-2902	1092	30	spreads	spread	NOUN
cblr-2902	1092	31	from	from	ADP
cblr-2902	1092	32	bond	bond	NOUN
cblr-2902	1092	33	yields	yield	NOUN
cblr-2902	1092	34	or	or	CCONJ
cblr-2902	1092	35	cds	cds	NOUN
cblr-2902	1092	36	fees	fee	NOUN
cblr-2902	1092	37	one	one	NUM
cblr-2902	1092	38	relatively	relatively	ADV
cblr-2902	1092	39	simple	simple	ADJ
cblr-2902	1092	40	technique	technique	NOUN
cblr-2902	1092	41	that	that	PRON
cblr-2902	1092	42	helps	help	VERB
cblr-2902	1092	43	to	to	PART
cblr-2902	1092	44	isolate	isolate	VERB
cblr-2902	1092	45	default	default	NOUN
cblr-2902	1092	46	risk	risk	NOUN
cblr-2902	1092	47	from	from	ADP
cblr-2902	1092	48	other	other	ADJ
cblr-2902	1092	49	factors	factor	NOUN
cblr-2902	1092	50	that	that	PRON
cblr-2902	1092	51	affect	affect	VERB
cblr-2902	1092	52	bond	bond	NOUN
cblr-2902	1092	53	yields	yield	NOUN
cblr-2902	1092	54	is	be	AUX
cblr-2902	1092	55	to	to	PART
cblr-2902	1092	56	subtract	subtract	VERB
cblr-2902	1092	57	from	from	ADP
cblr-2902	1092	58	the	the	DET
cblr-2902	1092	59	corporate	corporate	ADJ
cblr-2902	1092	60	bond	bond	NOUN
cblr-2902	1092	61	yield	yield	VERB
cblr-2902	1092	62	the	the	DET
cblr-2902	1092	63	risk	risk	NOUN
cblr-2902	1092	64	-	-	PUNCT
cblr-2902	1092	65	free	free	ADJ
cblr-2902	1092	66	interest	interest	NOUN
cblr-2902	1092	67	rate.2	rate.2	PROPN
cblr-2902	1092	68	"	"	PUNCT
cblr-2902	1092	69	'	'	PUNCT
cblr-2902	1092	70	the	the	DET
cblr-2902	1092	71	risk	risk	NOUN
cblr-2902	1092	72	-	-	PUNCT
cblr-2902	1092	73	free	free	ADJ
cblr-2902	1092	74	rate	rate	NOUN
cblr-2902	1092	75	is	be	AUX
cblr-2902	1092	76	an	an	DET
cblr-2902	1092	77	interest	interest	NOUN
cblr-2902	1092	78	rate	rate	NOUN
cblr-2902	1092	79	paid	pay	VERB
cblr-2902	1092	80	by	by	ADP
cblr-2902	1092	81	a	a	DET
cblr-2902	1092	82	hypothetical	hypothetical	ADJ
cblr-2902	1092	83	borrower	borrower	NOUN
cblr-2902	1092	84	who	who	PRON
cblr-2902	1092	85	has	have	VERB
cblr-2902	1092	86	zero	zero	NUM
cblr-2902	1092	87	chance	chance	NOUN
cblr-2902	1092	88	of	of	ADP
cblr-2902	1092	89	defaulting.214	defaulting.214	ADJ
cblr-2902	1092	90	although	although	SCONJ
cblr-2902	1092	91	no	no	DET
cblr-2902	1092	92	such	such	ADJ
cblr-2902	1092	93	borrower	borrower	NOUN
cblr-2902	1092	94	exists	exist	VERB
cblr-2902	1092	95	,	,	PUNCT
cblr-2902	1092	96	there	there	PRON
cblr-2902	1092	97	are	be	VERB
cblr-2902	1092	98	borrowers	borrower	NOUN
cblr-2902	1092	99	with	with	ADP
cblr-2902	1092	100	extremely	extremely	ADV
cblr-2902	1092	101	low	low	ADJ
cblr-2902	1092	102	probabilities	probability	NOUN
cblr-2902	1092	103	of	of	ADP
cblr-2902	1092	104	default	default	NOUN
cblr-2902	1092	105	.	.	PUNCT
cblr-2902	1093	1	for	for	ADP
cblr-2902	1093	2	example	example	NOUN
cblr-2902	1093	3	,	,	PUNCT
cblr-2902	1093	4	the	the	DET
cblr-2902	1093	5	u.s	u.s	PROPN
cblr-2902	1093	6	.	.	PROPN
cblr-2902	1093	7	government	government	NOUN
cblr-2902	1093	8	is	be	AUX
cblr-2902	1093	9	perceived	perceive	VERB
cblr-2902	1093	10	to	to	PART
cblr-2902	1093	11	have	have	VERB
cblr-2902	1093	12	an	an	DET
cblr-2902	1093	13	extremely	extremely	ADV
cblr-2902	1093	14	low	low	ADJ
cblr-2902	1093	15	"	"	PUNCT
cblr-2902	1093	16	2	2	NUM
cblr-2902	1093	17	see	see	VERB
cblr-2902	1093	18	jerome	jerome	PROPN
cblr-2902	1093	19	s.	s.	PROPN
cblr-2902	1093	20	fons	fons	PROPN
cblr-2902	1093	21	,	,	PUNCT
cblr-2902	1093	22	the	the	DET
cblr-2902	1093	23	default	default	NOUN
cblr-2902	1093	24	premium	premium	NOUN
cblr-2902	1093	25	and	and	CCONJ
cblr-2902	1093	26	corporate	corporate	ADJ
cblr-2902	1093	27	bond	bond	NOUN
cblr-2902	1093	28	experience	experience	NOUN
cblr-2902	1093	29	,	,	PUNCT
cblr-2902	1093	30	42	42	NUM
cblr-2902	1093	31	j.	j.	PROPN
cblr-2902	1093	32	fin	fin	PROPN
cblr-2902	1093	33	.	.	PROPN
cblr-2902	1094	1	81	81	NUM
cblr-2902	1094	2	,	,	PUNCT
cblr-2902	1094	3	81	81	NUM
cblr-2902	1094	4	(	(	PUNCT
cblr-2902	1094	5	1987	1987	NUM
cblr-2902	1094	6	)	)	PUNCT
cblr-2902	1094	7	(	(	PUNCT
cblr-2902	1094	8	developing	develop	VERB
cblr-2902	1094	9	a	a	DET
cblr-2902	1094	10	risk	risk	NOUN
cblr-2902	1094	11	-	-	PUNCT
cblr-2902	1094	12	neutral	neutral	ADJ
cblr-2902	1094	13	model	model	NOUN
cblr-2902	1094	14	of	of	ADP
cblr-2902	1094	15	the	the	DET
cblr-2902	1094	16	expected	expect	VERB
cblr-2902	1094	17	probability	probability	NOUN
cblr-2902	1094	18	of	of	ADP
cblr-2902	1094	19	default	default	NOUN
cblr-2902	1094	20	for	for	ADP
cblr-2902	1094	21	low	low	ADJ
cblr-2902	1094	22	-	-	PUNCT
cblr-2902	1094	23	grade	grade	NOUN
cblr-2902	1094	24	corporate	corporate	ADJ
cblr-2902	1094	25	bonds	bond	NOUN
cblr-2902	1094	26	based	base	VERB
cblr-2902	1094	27	on	on	ADP
cblr-2902	1094	28	the	the	DET
cblr-2902	1094	29	additional	additional	ADJ
cblr-2902	1094	30	required	require	VERB
cblr-2902	1094	31	rate	rate	NOUN
cblr-2902	1094	32	of	of	ADP
cblr-2902	1094	33	return	return	NOUN
cblr-2902	1094	34	on	on	ADP
cblr-2902	1094	35	these	these	DET
cblr-2902	1094	36	instruments	instrument	NOUN
cblr-2902	1094	37	over	over	ADP
cblr-2902	1094	38	default	default	NOUN
cblr-2902	1094	39	-	-	PUNCT
cblr-2902	1094	40	free	free	ADJ
cblr-2902	1094	41	bonds	bond	NOUN
cblr-2902	1094	42	)	)	PUNCT
cblr-2902	1094	43	;	;	PUNCT
cblr-2902	1094	44	longstaff	longstaff	PROPN
cblr-2902	1094	45	et	et	PROPN
cblr-2902	1094	46	al	al	PROPN
cblr-2902	1094	47	.	.	PROPN
cblr-2902	1094	48	,	,	PUNCT
cblr-2902	1094	49	supra	supra	PROPN
cblr-2902	1094	50	note	note	NOUN
cblr-2902	1094	51	181	181	NUM
cblr-2902	1094	52	,	,	PUNCT
cblr-2902	1094	53	at	at	ADP
cblr-2902	1094	54	2214	2214	NUM
cblr-2902	1094	55	-	-	SYM
cblr-2902	1094	56	18	18	NUM
cblr-2902	1094	57	(	(	PUNCT
cblr-2902	1094	58	finding	find	VERB
cblr-2902	1094	59	that	that	SCONJ
cblr-2902	1094	60	the	the	DET
cblr-2902	1094	61	majority	majority	NOUN
cblr-2902	1094	62	of	of	ADP
cblr-2902	1094	63	the	the	DET
cblr-2902	1094	64	corporate	corporate	ADJ
cblr-2902	1094	65	bond	bond	NOUN
cblr-2902	1094	66	yield	yield	NOUN
cblr-2902	1094	67	spread	spread	VERB
cblr-2902	1094	68	and	and	CCONJ
cblr-2902	1094	69	cds	cd	NOUN
cblr-2902	1094	70	spread	spread	VERB
cblr-2902	1094	71	is	be	AUX
cblr-2902	1094	72	due	due	ADJ
cblr-2902	1094	73	to	to	PART
cblr-2902	1094	74	default	default	VERB
cblr-2902	1094	75	risk	risk	NOUN
cblr-2902	1094	76	)	)	PUNCT
cblr-2902	1094	77	;	;	PUNCT
cblr-2902	1094	78	michael	michael	PROPN
cblr-2902	1094	79	simkovic	simkovic	PROPN
cblr-2902	1094	80	,	,	PUNCT
cblr-2902	1094	81	the	the	DET
cblr-2902	1094	82	effect	effect	NOUN
cblr-2902	1094	83	of	of	ADP
cblr-2902	1094	84	bapcpa	bapcpa	NOUN
cblr-2902	1094	85	on	on	ADP
cblr-2902	1094	86	credit	credit	NOUN
cblr-2902	1094	87	card	card	NOUN
cblr-2902	1094	88	industry	industry	NOUN
cblr-2902	1094	89	profits	profit	NOUN
cblr-2902	1094	90	and	and	CCONJ
cblr-2902	1094	91	prices	price	NOUN
cblr-2902	1094	92	,	,	PUNCT
cblr-2902	1094	93	83	83	NUM
cblr-2902	1094	94	am	am	NOUN
cblr-2902	1094	95	.	.	PUNCT
cblr-2902	1095	1	bankr	bankr	PROPN
cblr-2902	1095	2	.	.	PUNCT
cblr-2902	1096	1	l.j	l.j	AUX
cblr-2902	1096	2	.	.	PROPN
cblr-2902	1096	3	1	1	NUM
cblr-2902	1096	4	,	,	PUNCT
cblr-2902	1096	5	5	5	NUM
cblr-2902	1096	6	(	(	PUNCT
cblr-2902	1096	7	2009	2009	NUM
cblr-2902	1096	8	)	)	PUNCT
cblr-2902	1096	9	(	(	PUNCT
cblr-2902	1096	10	"	"	PUNCT
cblr-2902	1096	11	the	the	DET
cblr-2902	1096	12	risk	risk	NOUN
cblr-2902	1096	13	free	free	ADJ
cblr-2902	1096	14	interest	interest	NOUN
cblr-2902	1096	15	rate	rate	NOUN
cblr-2902	1096	16	reflects	reflect	VERB
cblr-2902	1096	17	broad	broad	ADJ
cblr-2902	1096	18	macroeconomic	macroeconomic	ADJ
cblr-2902	1096	19	factors	factor	NOUN
cblr-2902	1096	20	that	that	PRON
cblr-2902	1096	21	affect	affect	VERB
cblr-2902	1096	22	economywide	economywide	NOUN
cblr-2902	1096	23	costs	cost	NOUN
cblr-2902	1096	24	of	of	ADP
cblr-2902	1096	25	credit	credit	NOUN
cblr-2902	1096	26	.	.	PUNCT
cblr-2902	1097	1	the	the	DET
cblr-2902	1097	2	spread	spread	NOUN
cblr-2902	1097	3	between	between	ADP
cblr-2902	1097	4	the	the	DET
cblr-2902	1097	5	risk	risk	NOUN
cblr-2902	1097	6	free	free	ADJ
cblr-2902	1097	7	rate	rate	NOUN
cblr-2902	1097	8	and	and	CCONJ
cblr-2902	1097	9	[	[	X
cblr-2902	1097	10	the	the	DET
cblr-2902	1097	11	yield	yield	NOUN
cblr-2902	1097	12	on	on	ADP
cblr-2902	1097	13	private	private	ADJ
cblr-2902	1097	14	debt	debt	NOUN
cblr-2902	1097	15	]	]	PUNCT
cblr-2902	1097	16	reflects	reflect	VERB
cblr-2902	1097	17	the	the	DET
cblr-2902	1097	18	risk	risk	NOUN
cblr-2902	1097	19	-	-	PUNCT
cblr-2902	1097	20	adjusted	adjust	VERB
cblr-2902	1097	21	price	price	NOUN
cblr-2902	1097	22	of	of	ADP
cblr-2902	1097	23	[	[	X
cblr-2902	1097	24	private	private	ADJ
cblr-2902	1097	25	debt	debt	NOUN
cblr-2902	1097	26	]	]	PUNCT
cblr-2902	1097	27	"	"	PUNCT
cblr-2902	1097	28	if	if	SCONJ
cblr-2902	1097	29	the	the	DET
cblr-2902	1097	30	debt	debt	NOUN
cblr-2902	1097	31	market	market	NOUN
cblr-2902	1097	32	is	be	AUX
cblr-2902	1097	33	efficient	efficient	ADJ
cblr-2902	1097	34	.	.	PUNCT
cblr-2902	1097	35	)	)	PUNCT
cblr-2902	1097	36	.	.	PUNCT
cblr-2902	1098	1	214	214	NUM
cblr-2902	1098	2	even	even	ADV
cblr-2902	1098	3	in	in	ADP
cblr-2902	1098	4	the	the	DET
cblr-2902	1098	5	absence	absence	NOUN
cblr-2902	1098	6	of	of	ADP
cblr-2902	1098	7	default	default	NOUN
cblr-2902	1098	8	risk	risk	NOUN
cblr-2902	1098	9	,	,	PUNCT
cblr-2902	1098	10	a	a	DET
cblr-2902	1098	11	borrower	borrower	NOUN
cblr-2902	1098	12	will	will	AUX
cblr-2902	1098	13	pay	pay	VERB
cblr-2902	1098	14	interest	interest	NOUN
cblr-2902	1098	15	because	because	SCONJ
cblr-2902	1098	16	of	of	ADP
cblr-2902	1098	17	the	the	DET
cblr-2902	1098	18	time	time	NOUN
cblr-2902	1098	19	value	value	NOUN
cblr-2902	1098	20	of	of	ADP
cblr-2902	1098	21	money	money	NOUN
cblr-2902	1098	22	and	and	CCONJ
cblr-2902	1098	23	inflation	inflation	NOUN
cblr-2902	1098	24	.	.	PUNCT
cblr-2902	1099	1	the	the	DET
cblr-2902	1099	2	time	time	NOUN
cblr-2902	1099	3	value	value	NOUN
cblr-2902	1099	4	of	of	ADP
cblr-2902	1099	5	money	money	NOUN
cblr-2902	1099	6	is	be	AUX
cblr-2902	1099	7	the	the	DET
cblr-2902	1099	8	idea	idea	NOUN
cblr-2902	1099	9	that	that	SCONJ
cblr-2902	1099	10	money	money	NOUN
cblr-2902	1099	11	(	(	PUNCT
cblr-2902	1099	12	or	or	CCONJ
cblr-2902	1099	13	money	money	NOUN
cblr-2902	1099	14	's	's	PART
cblr-2902	1099	15	worth	worth	NOUN
cblr-2902	1099	16	in	in	ADP
cblr-2902	1099	17	goods	good	NOUN
cblr-2902	1099	18	or	or	CCONJ
cblr-2902	1099	19	services	service	NOUN
cblr-2902	1099	20	)	)	PUNCT
cblr-2902	1099	21	is	be	AUX
cblr-2902	1099	22	more	more	ADV
cblr-2902	1099	23	valuable	valuable	ADJ
cblr-2902	1099	24	in	in	ADP
cblr-2902	1099	25	the	the	DET
cblr-2902	1099	26	present	present	NOUN
cblr-2902	1099	27	than	than	SCONJ
cblr-2902	1099	28	it	it	PRON
cblr-2902	1099	29	is	be	AUX
cblr-2902	1099	30	in	in	ADP
cblr-2902	1099	31	the	the	DET
cblr-2902	1099	32	future	future	NOUN
cblr-2902	1099	33	because	because	SCONJ
cblr-2902	1099	34	people	people	NOUN
cblr-2902	1099	35	generally	generally	ADV
cblr-2902	1099	36	prefer	prefer	VERB
cblr-2902	1099	37	immediate	immediate	ADJ
cblr-2902	1099	38	consumption	consumption	NOUN
cblr-2902	1099	39	to	to	ADP
cblr-2902	1099	40	delayed	delay	VERB
cblr-2902	1099	41	consumption	consumption	NOUN
cblr-2902	1099	42	and	and	CCONJ
cblr-2902	1099	43	because	because	SCONJ
cblr-2902	1099	44	money	money	NOUN
cblr-2902	1099	45	can	can	AUX
cblr-2902	1099	46	be	be	AUX
cblr-2902	1099	47	invested	invest	VERB
cblr-2902	1099	48	profitably	profitably	ADV
cblr-2902	1099	49	.	.	PUNCT
cblr-2902	1100	1	188	188	NUM
cblr-2902	1100	2	[	[	NOUN
cblr-2902	1100	3	vol	vol	NOUN
cblr-2902	1100	4	.	.	PUNCT
cblr-2902	1100	5	2011	2011	NUM
cblr-2902	1100	6	probability	probability	NOUN
cblr-2902	1100	7	of	of	ADP
cblr-2902	1100	8	default.2	default.2	ADJ
cblr-2902	1100	9	15	15	NUM
cblr-2902	1100	10	academic	academic	ADJ
cblr-2902	1100	11	economists	economist	NOUN
cblr-2902	1100	12	generally	generally	ADV
cblr-2902	1100	13	use	use	VERB
cblr-2902	1100	14	yields	yield	NOUN
cblr-2902	1100	15	on	on	ADP
cblr-2902	1100	16	u.s	u.s	PROPN
cblr-2902	1100	17	.	.	PROPN
cblr-2902	1100	18	treasuries	treasury	NOUN
cblr-2902	1100	19	as	as	ADP
cblr-2902	1100	20	a	a	DET
cblr-2902	1100	21	benchmark	benchmark	NOUN
cblr-2902	1100	22	risk	risk	NOUN
cblr-2902	1100	23	-	-	PUNCT
cblr-2902	1100	24	free	free	ADJ
cblr-2902	1100	25	rate	rate	NOUN
cblr-2902	1100	26	for	for	ADP
cblr-2902	1100	27	u.s	u.s	PROPN
cblr-2902	1100	28	.	.	PROPN
cblr-2902	1100	29	dollar	dollar	NOUN
cblr-2902	1100	30	denominated	denominate	VERB
cblr-2902	1100	31	debts.2	debts.2	PROPN
cblr-2902	1100	32	16	16	NUM
cblr-2902	1100	33	finance	finance	NOUN
cblr-2902	1100	34	professionals	professional	NOUN
cblr-2902	1100	35	tend	tend	VERB
cblr-2902	1100	36	to	to	PART
cblr-2902	1100	37	use	use	VERB
cblr-2902	1100	38	the	the	DET
cblr-2902	1100	39	london	london	PROPN
cblr-2902	1100	40	interbank	interbank	ADV
cblr-2902	1100	41	offered	offer	VERB
cblr-2902	1100	42	rate	rate	NOUN
cblr-2902	1100	43	(	(	PUNCT
cblr-2902	1100	44	"	"	PUNCT
cblr-2902	1100	45	libor	libor	PROPN
cblr-2902	1100	46	"	"	PUNCT
cblr-2902	1100	47	)	)	PUNCT
cblr-2902	1100	48	,	,	PUNCT
cblr-2902	1100	49	the	the	DET
cblr-2902	1100	50	rate	rate	NOUN
cblr-2902	1100	51	at	at	ADP
cblr-2902	1100	52	which	which	PRON
cblr-2902	1100	53	banks	bank	NOUN
cblr-2902	1100	54	rated	rate	VERB
cblr-2902	1100	55	aa	aa	PROPN
cblr-2902	1100	56	(	(	PUNCT
cblr-2902	1100	57	or	or	CCONJ
cblr-2902	1100	58	better	well	ADJ
cblr-2902	1100	59	)	)	PUNCT
cblr-2902	1100	60	can	can	AUX
cblr-2902	1100	61	borrow	borrow	VERB
cblr-2902	1100	62	from	from	ADP
cblr-2902	1100	63	other	other	ADJ
cblr-2902	1100	64	banks.217	banks.217	NOUN
cblr-2902	1100	65	although	although	SCONJ
cblr-2902	1100	66	libor	libor	PROPN
cblr-2902	1100	67	is	be	AUX
cblr-2902	1100	68	not	not	PART
cblr-2902	1100	69	as	as	ADV
cblr-2902	1100	70	low	low	ADJ
cblr-2902	1100	71	risk	risk	NOUN
cblr-2902	1100	72	as	as	ADP
cblr-2902	1100	73	u.s	u.s	PROPN
cblr-2902	1100	74	.	.	PROPN
cblr-2902	1100	75	treasuries	treasury	NOUN
cblr-2902	1100	76	(	(	PUNCT
cblr-2902	1100	77	except	except	SCONJ
cblr-2902	1100	78	during	during	ADP
cblr-2902	1100	79	periods	period	NOUN
cblr-2902	1100	80	of	of	ADP
cblr-2902	1100	81	distress	distress	NOUN
cblr-2902	1100	82	in	in	ADP
cblr-2902	1100	83	the	the	DET
cblr-2902	1100	84	financial	financial	ADJ
cblr-2902	1100	85	system	system	NOUN
cblr-2902	1100	86	)	)	PUNCT
cblr-2902	1100	87	,	,	PUNCT
cblr-2902	1100	88	libor	libor	PROPN
cblr-2902	1100	89	may	may	AUX
cblr-2902	1100	90	be	be	AUX
cblr-2902	1100	91	only	only	ADV
cblr-2902	1100	92	slightly	slightly	ADV
cblr-2902	1100	93	higher	high	ADJ
cblr-2902	1100	94	than	than	ADP
cblr-2902	1100	95	treasury	treasury	PROPN
cblr-2902	1100	96	yields.2	yields.2	PROPN
cblr-2902	1100	97	18	18	NUM
cblr-2902	1100	98	the	the	DET
cblr-2902	1100	99	difference	difference	NOUN
cblr-2902	1100	100	between	between	ADP
cblr-2902	1100	101	the	the	DET
cblr-2902	1100	102	corporate	corporate	ADJ
cblr-2902	1100	103	bond	bond	NOUN
cblr-2902	1100	104	and	and	CCONJ
cblr-2902	1100	105	the	the	DET
cblr-2902	1100	106	riskfree	riskfree	NOUN
cblr-2902	1100	107	rate	rate	NOUN
cblr-2902	1100	108	is	be	AUX
cblr-2902	1100	109	called	call	VERB
cblr-2902	1100	110	the	the	DET
cblr-2902	1100	111	"	"	PUNCT
cblr-2902	1100	112	spread	spread	NOUN
cblr-2902	1100	113	,	,	PUNCT
cblr-2902	1100	114	"	"	PUNCT
cblr-2902	1100	115	"	"	PUNCT
cblr-2902	1100	116	bond	bond	NOUN
cblr-2902	1100	117	spread	spread	VERB
cblr-2902	1100	118	,	,	PUNCT
cblr-2902	1100	119	"	"	PUNCT
cblr-2902	1100	120	or	or	CCONJ
cblr-2902	1100	121	"	"	PUNCT
cblr-2902	1100	122	credit	credit	NOUN
cblr-2902	1100	123	spread	spread	NOUN
cblr-2902	1100	124	.	.	PUNCT
cblr-2902	1100	125	"	"	PUNCT
cblr-2902	1101	1	credit	credit	NOUN
cblr-2902	1101	2	spreads	spread	NOUN
cblr-2902	1101	3	should	should	AUX
cblr-2902	1101	4	be	be	AUX
cblr-2902	1101	5	calculated	calculate	VERB
cblr-2902	1101	6	using	use	VERB
cblr-2902	1101	7	a	a	DET
cblr-2902	1101	8	riskfree	riskfree	NOUN
cblr-2902	1101	9	instrument	instrument	NOUN
cblr-2902	1101	10	with	with	ADP
cblr-2902	1101	11	a	a	DET
cblr-2902	1101	12	term	term	NOUN
cblr-2902	1101	13	structure	structure	NOUN
cblr-2902	1101	14	that	that	PRON
cblr-2902	1101	15	matches	match	VERB
cblr-2902	1101	16	the	the	DET
cblr-2902	1101	17	corporate	corporate	ADJ
cblr-2902	1101	18	bond	bond	NOUN
cblr-2902	1101	19	as	as	ADV
cblr-2902	1101	20	closely	closely	ADV
cblr-2902	1101	21	as	as	ADP
cblr-2902	1101	22	possible	possible	ADJ
cblr-2902	1101	23	.	.	PUNCT
cblr-2902	1102	1	"	"	PUNCT
cblr-2902	1102	2	'	'	PUNCT
cblr-2902	1102	3	the	the	DET
cblr-2902	1102	4	term	term	NOUN
cblr-2902	1102	5	structure	structure	NOUN
cblr-2902	1102	6	215	215	NUM
cblr-2902	1102	7	merton	merton	NOUN
cblr-2902	1102	8	,	,	PUNCT
cblr-2902	1102	9	supra	supra	PROPN
cblr-2902	1102	10	note	note	NOUN
cblr-2902	1102	11	159	159	NUM
cblr-2902	1102	12	,	,	PUNCT
cblr-2902	1102	13	at	at	ADP
cblr-2902	1102	14	449	449	NUM
cblr-2902	1102	15	(	(	PUNCT
cblr-2902	1102	16	noting	note	VERB
cblr-2902	1102	17	that	that	SCONJ
cblr-2902	1102	18	government	government	NOUN
cblr-2902	1102	19	bonds	bond	NOUN
cblr-2902	1102	20	are	be	AUX
cblr-2902	1102	21	essentially	essentially	ADV
cblr-2902	1102	22	default	default	NOUN
cblr-2902	1102	23	-	-	PUNCT
cblr-2902	1102	24	risk	risk	NOUN
cblr-2902	1102	25	-	-	PUNCT
cblr-2902	1102	26	free	free	ADJ
cblr-2902	1102	27	)	)	PUNCT
cblr-2902	1102	28	;	;	PUNCT
cblr-2902	1102	29	joost	joost	PROPN
cblr-2902	1102	30	driessen	driessen	PROPN
cblr-2902	1102	31	,	,	PUNCT
cblr-2902	1102	32	is	be	AUX
cblr-2902	1102	33	default	default	NOUN
cblr-2902	1102	34	event	event	NOUN
cblr-2902	1102	35	risk	risk	NOUN
cblr-2902	1102	36	priced	price	VERB
cblr-2902	1102	37	in	in	ADP
cblr-2902	1102	38	corporate	corporate	ADJ
cblr-2902	1102	39	bonds	bond	NOUN
cblr-2902	1102	40	?	?	PUNCT
cblr-2902	1102	41	,	,	PUNCT
cblr-2902	1102	42	18	18	NUM
cblr-2902	1102	43	rev	rev	X
cblr-2902	1102	44	.	.	PROPN
cblr-2902	1102	45	fin	fin	NOUN
cblr-2902	1102	46	.	.	PUNCT
cblr-2902	1102	47	stud	stud	PROPN
cblr-2902	1102	48	.	.	PUNCT
cblr-2902	1103	1	165	165	NUM
cblr-2902	1103	2	,	,	PUNCT
cblr-2902	1103	3	169	169	NUM
cblr-2902	1103	4	(	(	PUNCT
cblr-2902	1103	5	2005	2005	NUM
cblr-2902	1103	6	)	)	PUNCT
cblr-2902	1103	7	(	(	PUNCT
cblr-2902	1103	8	assuming	assume	VERB
cblr-2902	1103	9	that	that	SCONJ
cblr-2902	1103	10	u.s	u.s	PROPN
cblr-2902	1103	11	.	.	PROPN
cblr-2902	1103	12	treasuries	treasury	NOUN
cblr-2902	1103	13	are	be	AUX
cblr-2902	1103	14	default	default	NOUN
cblr-2902	1103	15	-	-	PUNCT
cblr-2902	1103	16	risk	risk	NOUN
cblr-2902	1103	17	-	-	PUNCT
cblr-2902	1103	18	free	free	ADJ
cblr-2902	1103	19	)	)	PUNCT
cblr-2902	1103	20	.	.	PUNCT
cblr-2902	1104	1	in	in	ADP
cblr-2902	1104	2	truth	truth	NOUN
cblr-2902	1104	3	,	,	PUNCT
cblr-2902	1104	4	sovereign	sovereign	ADJ
cblr-2902	1104	5	debt	debt	NOUN
cblr-2902	1104	6	defaults	default	NOUN
cblr-2902	1104	7	do	do	AUX
cblr-2902	1104	8	happen	happen	VERB
cblr-2902	1104	9	,	,	PUNCT
cblr-2902	1104	10	but	but	CCONJ
cblr-2902	1104	11	given	give	VERB
cblr-2902	1104	12	governments	government	NOUN
cblr-2902	1104	13	'	'	PART
cblr-2902	1104	14	powers	power	NOUN
cblr-2902	1104	15	to	to	PART
cblr-2902	1104	16	raise	raise	VERB
cblr-2902	1104	17	taxes	taxis	NOUN
cblr-2902	1104	18	,	,	PUNCT
cblr-2902	1104	19	print	print	NOUN
cblr-2902	1104	20	money	money	NOUN
cblr-2902	1104	21	,	,	PUNCT
cblr-2902	1104	22	or	or	CCONJ
cblr-2902	1104	23	nationalize	nationalize	VERB
cblr-2902	1104	24	industries	industry	NOUN
cblr-2902	1104	25	,	,	PUNCT
cblr-2902	1104	26	a	a	DET
cblr-2902	1104	27	government	government	NOUN
cblr-2902	1104	28	is	be	AUX
cblr-2902	1104	29	generally	generally	ADV
cblr-2902	1104	30	more	more	ADV
cblr-2902	1104	31	capable	capable	ADJ
cblr-2902	1104	32	of	of	ADP
cblr-2902	1104	33	paying	pay	VERB
cblr-2902	1104	34	its	its	PRON
cblr-2902	1104	35	debts	debt	NOUN
cblr-2902	1104	36	than	than	SCONJ
cblr-2902	1104	37	the	the	DET
cblr-2902	1104	38	private	private	ADJ
cblr-2902	1104	39	entities	entity	NOUN
cblr-2902	1104	40	subject	subject	ADJ
cblr-2902	1104	41	to	to	ADP
cblr-2902	1104	42	its	its	PRON
cblr-2902	1104	43	authority	authority	NOUN
cblr-2902	1104	44	.	.	PUNCT
cblr-2902	1105	1	government	government	NOUN
cblr-2902	1105	2	defaults	default	NOUN
cblr-2902	1105	3	are	be	AUX
cblr-2902	1105	4	usually	usually	ADV
cblr-2902	1105	5	strategic	strategic	ADJ
cblr-2902	1105	6	decisions	decision	NOUN
cblr-2902	1105	7	rather	rather	ADV
cblr-2902	1105	8	than	than	ADP
cblr-2902	1105	9	acts	act	NOUN
cblr-2902	1105	10	of	of	ADP
cblr-2902	1105	11	necessity	necessity	NOUN
cblr-2902	1105	12	,	,	PUNCT
cblr-2902	1105	13	particularly	particularly	ADV
cblr-2902	1105	14	when	when	SCONJ
cblr-2902	1105	15	a	a	DET
cblr-2902	1105	16	government	government	NOUN
cblr-2902	1105	17	borrows	borrow	VERB
cblr-2902	1105	18	in	in	ADP
cblr-2902	1105	19	its	its	PRON
cblr-2902	1105	20	own	own	ADJ
cblr-2902	1105	21	currency	currency	NOUN
cblr-2902	1105	22	.	.	PUNCT
cblr-2902	1106	1	see	see	VERB
cblr-2902	1106	2	carmen	carmen	PROPN
cblr-2902	1106	3	m.	m.	PROPN
cblr-2902	1106	4	reinhart	reinhart	PROPN
cblr-2902	1106	5	&	&	CCONJ
cblr-2902	1106	6	kenneth	kenneth	PROPN
cblr-2902	1106	7	rogoff	rogoff	PROPN
cblr-2902	1106	8	,	,	PUNCT
cblr-2902	1106	9	this	this	DET
cblr-2902	1106	10	time	time	NOUN
cblr-2902	1106	11	is	be	AUX
cblr-2902	1106	12	different	different	ADJ
cblr-2902	1106	13	:	:	PUNCT
cblr-2902	1106	14	eight	eight	NUM
cblr-2902	1106	15	centuries	century	NOUN
cblr-2902	1106	16	of	of	ADP
cblr-2902	1106	17	financial	financial	ADJ
cblr-2902	1106	18	folly	folly	NOUN
cblr-2902	1106	19	59	59	NUM
cblr-2902	1106	20	(	(	PUNCT
cblr-2902	1106	21	2009	2009	NUM
cblr-2902	1106	22	)	)	PUNCT
cblr-2902	1106	23	.	.	PUNCT
cblr-2902	1107	1	however	however	ADV
cblr-2902	1107	2	,	,	PUNCT
cblr-2902	1107	3	moody	moody	PROPN
cblr-2902	1107	4	's	's	PART
cblr-2902	1107	5	investors	investor	NOUN
cblr-2902	1107	6	service	service	NOUN
cblr-2902	1107	7	recently	recently	ADV
cblr-2902	1107	8	warned	warn	VERB
cblr-2902	1107	9	that	that	SCONJ
cblr-2902	1107	10	the	the	DET
cblr-2902	1107	11	united	united	PROPN
cblr-2902	1107	12	states	states	PROPN
cblr-2902	1107	13	could	could	AUX
cblr-2902	1107	14	conceivably	conceivably	ADV
cblr-2902	1107	15	lose	lose	VERB
cblr-2902	1107	16	its	its	PRON
cblr-2902	1107	17	triple	triple	ADJ
cblr-2902	1107	18	-	-	PUNCT
cblr-2902	1107	19	a	a	PRON
cblr-2902	1107	20	rating	rating	NOUN
cblr-2902	1107	21	.	.	PUNCT
cblr-2902	1108	1	david	david	PROPN
cblr-2902	1108	2	jolly	jolly	PROPN
cblr-2902	1108	3	&	&	CCONJ
cblr-2902	1108	4	catherine	catherine	PROPN
cblr-2902	1108	5	rampell	rampell	PROPN
cblr-2902	1108	6	,	,	PUNCT
cblr-2902	1108	7	moody	moody	PROPN
cblr-2902	1108	8	's	's	PART
cblr-2902	1108	9	says	say	VERB
cblr-2902	1108	10	u.s	u.s	PROPN
cblr-2902	1108	11	.	.	PROPN
cblr-2902	1108	12	debt	debt	NOUN
cblr-2902	1108	13	could	could	AUX
cblr-2902	1108	14	test	test	VERB
cblr-2902	1108	15	triple	triple	ADJ
cblr-2902	1108	16	-	-	PUNCT
cblr-2902	1108	17	a	a	DET
cblr-2902	1108	18	rating	rating	NOUN
cblr-2902	1108	19	,	,	PUNCT
cblr-2902	1108	20	n.y	n.y	PROPN
cblr-2902	1108	21	.	.	PROPN
cblr-2902	1108	22	times	times	PROPN
cblr-2902	1108	23	,	,	PUNCT
cblr-2902	1108	24	mar	mar	PROPN
cblr-2902	1108	25	.	.	PROPN
cblr-2902	1108	26	16	16	NUM
cblr-2902	1108	27	,	,	PUNCT
cblr-2902	1108	28	2010	2010	NUM
cblr-2902	1108	29	,	,	PUNCT
cblr-2902	1108	30	at	at	ADP
cblr-2902	1108	31	bl	bl	PROPN
cblr-2902	1108	32	.	.	PROPN
cblr-2902	1108	33	216	216	NUM
cblr-2902	1108	34	see	see	VERB
cblr-2902	1108	35	longstaffet	longstaffet	PROPN
cblr-2902	1108	36	al	al	PROPN
cblr-2902	1108	37	.	.	PROPN
cblr-2902	1108	38	,	,	PUNCT
cblr-2902	1108	39	supra	supra	PROPN
cblr-2902	1108	40	note	note	NOUN
cblr-2902	1108	41	181	181	NUM
cblr-2902	1108	42	,	,	PUNCT
cblr-2902	1108	43	at	at	ADP
cblr-2902	1108	44	2223	2223	NUM
cblr-2902	1108	45	(	(	PUNCT
cblr-2902	1108	46	"	"	PUNCT
cblr-2902	1108	47	[	[	X
cblr-2902	1108	48	t]he	t]he	ADV
cblr-2902	1108	49	treasury	treasury	NOUN
cblr-2902	1108	50	curve	curve	NOUN
cblr-2902	1108	51	...	...	PUNCT
cblr-2902	1108	52	is	be	AUX
cblr-2902	1108	53	the	the	DET
cblr-2902	1108	54	standard	standard	ADJ
cblr-2902	1108	55	benchmark	benchmark	ADJ
cblr-2902	1108	56	riskless	riskless	NOUN
cblr-2902	1108	57	curve	curve	NOUN
cblr-2902	1108	58	in	in	ADP
cblr-2902	1108	59	most	most	ADJ
cblr-2902	1108	60	empirical	empirical	ADJ
cblr-2902	1108	61	tests	test	NOUN
cblr-2902	1108	62	in	in	ADP
cblr-2902	1108	63	finance	finance	NOUN
cblr-2902	1108	64	.	.	PUNCT
cblr-2902	1108	65	"	"	PUNCT
cblr-2902	1108	66	)	)	PUNCT
cblr-2902	1108	67	.	.	PUNCT
cblr-2902	1109	1	finance	finance	NOUN
cblr-2902	1109	2	professionals	professional	NOUN
cblr-2902	1109	3	will	will	AUX
cblr-2902	1109	4	sometimes	sometimes	ADV
cblr-2902	1109	5	use	use	VERB
cblr-2902	1109	6	swap	swap	NOUN
cblr-2902	1109	7	curves	curve	NOUN
cblr-2902	1109	8	rather	rather	ADV
cblr-2902	1109	9	than	than	ADP
cblr-2902	1109	10	treasuries	treasury	NOUN
cblr-2902	1109	11	.	.	PUNCT
cblr-2902	1110	1	i	i	PRON
cblr-2902	1110	2	d.	d.	PROPN
cblr-2902	1110	3	;	;	PUNCT
cblr-2902	1110	4	john	john	PROPN
cblr-2902	1110	5	hull	hull	PROPN
cblr-2902	1110	6	et	et	PROPN
cblr-2902	1110	7	al	al	PROPN
cblr-2902	1110	8	.	.	PROPN
cblr-2902	1110	9	,	,	PUNCT
cblr-2902	1110	10	bond	bond	NOUN
cblr-2902	1110	11	prices	price	NOUN
cblr-2902	1110	12	,	,	PUNCT
cblr-2902	1110	13	default	default	NOUN
cblr-2902	1110	14	probabilities	probability	NOUN
cblr-2902	1110	15	and	and	CCONJ
cblr-2902	1110	16	risk	risk	NOUN
cblr-2902	1110	17	premiums	premium	NOUN
cblr-2902	1110	18	,	,	PUNCT
cblr-2902	1110	19	j.	j.	PROPN
cblr-2902	1110	20	credit	credit	NOUN
cblr-2902	1110	21	risk	risk	NOUN
cblr-2902	1110	22	,	,	PUNCT
cblr-2902	1110	23	spring	spring	NOUN
cblr-2902	1110	24	2005	2005	NUM
cblr-2902	1110	25	,	,	PUNCT
cblr-2902	1110	26	at	at	ADP
cblr-2902	1110	27	53	53	NUM
cblr-2902	1110	28	.	.	PUNCT
cblr-2902	1110	29	217	217	NUM
cblr-2902	1110	30	see	see	VERB
cblr-2902	1110	31	mohamed	mohamed	PROPN
cblr-2902	1110	32	bouzoubaa	bouzoubaa	PROPN
cblr-2902	1110	33	&	&	CCONJ
cblr-2902	1110	34	adel	adel	PROPN
cblr-2902	1110	35	osseiran	osseiran	PROPN
cblr-2902	1110	36	,	,	PUNCT
cblr-2902	1110	37	exotic	exotic	ADJ
cblr-2902	1110	38	options	option	NOUN
cblr-2902	1110	39	&	&	CCONJ
cblr-2902	1110	40	hybrids	hybrid	NOUN
cblr-2902	1110	41	:	:	PUNCT
cblr-2902	1110	42	a	a	DET
cblr-2902	1110	43	guide	guide	NOUN
cblr-2902	1110	44	to	to	ADP
cblr-2902	1110	45	structuring	structuring	NOUN
cblr-2902	1110	46	,	,	PUNCT
cblr-2902	1110	47	pricing	pricing	NOUN
cblr-2902	1110	48	and	and	CCONJ
cblr-2902	1110	49	trading	trading	NOUN
cblr-2902	1110	50	4	4	NUM
cblr-2902	1110	51	(	(	PUNCT
cblr-2902	1110	52	2010	2010	NUM
cblr-2902	1110	53	)	)	PUNCT
cblr-2902	1110	54	.	.	PUNCT
cblr-2902	1111	1	218	218	NUM
cblr-2902	1112	1	the	the	DET
cblr-2902	1112	2	spread	spread	NOUN
cblr-2902	1112	3	between	between	ADP
cblr-2902	1112	4	treasuries	treasury	NOUN
cblr-2902	1112	5	and	and	CCONJ
cblr-2902	1112	6	libor	libor	PROPN
cblr-2902	1112	7	,	,	PUNCT
cblr-2902	1112	8	known	know	VERB
cblr-2902	1112	9	as	as	ADP
cblr-2902	1112	10	the	the	DET
cblr-2902	1112	11	ted	ted	PROPN
cblr-2902	1112	12	spread	spread	NOUN
cblr-2902	1112	13	,	,	PUNCT
cblr-2902	1112	14	serves	serve	VERB
cblr-2902	1112	15	as	as	ADP
cblr-2902	1112	16	a	a	DET
cblr-2902	1112	17	measure	measure	NOUN
cblr-2902	1112	18	of	of	ADP
cblr-2902	1112	19	credit	credit	NOUN
cblr-2902	1112	20	risk	risk	NOUN
cblr-2902	1112	21	in	in	ADP
cblr-2902	1112	22	the	the	DET
cblr-2902	1112	23	interbank	interbank	NOUN
cblr-2902	1112	24	market	market	NOUN
cblr-2902	1112	25	.	.	PUNCT
cblr-2902	1113	1	i	i	PRON
cblr-2902	1113	2	d.	d.	PROPN
cblr-2902	1113	3	219	219	NUM
cblr-2902	1113	4	see	see	VERB
cblr-2902	1113	5	,	,	PUNCT
cblr-2902	1113	6	e.g.	e.g.	ADV
cblr-2902	1113	7	,	,	PUNCT
cblr-2902	1113	8	fons	fon	NOUN
cblr-2902	1113	9	,	,	PUNCT
cblr-2902	1113	10	supra	supra	PROPN
cblr-2902	1113	11	note	note	NOUN
cblr-2902	1113	12	213	213	NUM
cblr-2902	1113	13	,	,	PUNCT
cblr-2902	1113	14	at	at	ADP
cblr-2902	1113	15	81	81	NUM
cblr-2902	1113	16	-	-	SYM
cblr-2902	1113	17	82	82	NUM
cblr-2902	1113	18	(	(	PUNCT
cblr-2902	1113	19	"	"	PUNCT
cblr-2902	1113	20	[	[	X
cblr-2902	1113	21	mlodern	mlodern	ADJ
cblr-2902	1113	22	approaches	approach	VERB
cblr-2902	1113	23	[	[	X
cblr-2902	1113	24	to	to	ADP
cblr-2902	1113	25	extracting	extract	VERB
cblr-2902	1113	26	default	default	NOUN
cblr-2902	1113	27	risk	risk	NOUN
cblr-2902	1113	28	from	from	ADP
cblr-2902	1113	29	bond	bond	NOUN
cblr-2902	1113	30	yields	yield	NOUN
cblr-2902	1113	31	]	]	PUNCT
cblr-2902	1113	32	acknowledge	acknowledge	VERB
cblr-2902	1113	33	the	the	DET
cblr-2902	1113	34	influences	influence	NOUN
cblr-2902	1113	35	on	on	ADP
cblr-2902	1113	36	required	require	VERB
cblr-2902	1113	37	returns	return	NOUN
cblr-2902	1113	38	that	that	PRON
cblr-2902	1113	39	result	result	VERB
cblr-2902	1113	40	from	from	ADP
cblr-2902	1113	41	call	call	NOUN
cblr-2902	1113	42	provisions	provision	NOUN
cblr-2902	1113	43	,	,	PUNCT
cblr-2902	1113	44	the	the	DET
cblr-2902	1113	45	tax	tax	NOUN
cblr-2902	1113	46	effect	effect	NOUN
cblr-2902	1113	47	for	for	ADP
cblr-2902	1113	48	deep	deep	ADJ
cblr-2902	1113	49	discount	discount	NOUN
cblr-2902	1113	50	bonds	bond	NOUN
cblr-2902	1113	51	(	(	PUNCT
cblr-2902	1113	52	due	due	ADP
cblr-2902	1113	53	to	to	ADP
cblr-2902	1113	54	the	the	DET
cblr-2902	1113	55	different	different	ADJ
cblr-2902	1113	56	tax	tax	NOUN
cblr-2902	1113	57	treatment	treatment	NOUN
cblr-2902	1113	58	of	of	ADP
cblr-2902	1113	59	ordinary	ordinary	ADJ
cblr-2902	1113	60	income	income	NOUN
cblr-2902	1113	61	vs.	vs.	ADP
cblr-2902	1113	62	capital	capital	NOUN
cblr-2902	1113	63	gains	gain	NOUN
cblr-2902	1113	64	)	)	PUNCT
cblr-2902	1113	65	,	,	PUNCT
cblr-2902	1113	66	and	and	CCONJ
cblr-2902	1113	67	sinking	sink	VERB
cblr-2902	1113	68	fund	fund	NOUN
cblr-2902	1113	69	payments	payment	NOUN
cblr-2902	1113	70	(	(	PUNCT
cblr-2902	1113	71	which	which	PRON
cblr-2902	1113	72	reduce	reduce	VERB
cblr-2902	1113	73	the	the	DET
cblr-2902	1113	74	average	average	ADJ
cblr-2902	1113	75	189no	189no	NOUN
cblr-2902	1113	76	.	.	PUNCT
cblr-2902	1114	1	i	i	PRON
cblr-2902	1114	2	:	:	PUNCT
cblr-2902	1114	3	118	118	NUM
cblr-2902	1114	4	]	]	PUNCT
cblr-2902	1114	5	le	le	X
cblr-2902	1114	6	vera	vera	NOUN
cblr-2902	1114	7	ged	ge	VERB
cblr-2902	1114	8	b	b	PROPN
cblr-2902	1114	9	uyo	uyo	PROPN
cblr-2902	1114	10	ut	ut	PROPN
cblr-2902	1114	11	bankr	bankr	PROPN
cblr-2902	1114	12	uptcies	uptcies	PROPN
cblr-2902	1114	13	columbia	columbia	PROPN
cblr-2902	1114	14	business	business	PROPN
cblr-2902	1114	15	law	law	PROPN
cblr-2902	1114	16	review	review	NOUN
cblr-2902	1114	17	refers	refer	VERB
cblr-2902	1114	18	to	to	ADP
cblr-2902	1114	19	the	the	DET
cblr-2902	1114	20	timing	timing	NOUN
cblr-2902	1114	21	of	of	ADP
cblr-2902	1114	22	interest	interest	NOUN
cblr-2902	1114	23	and	and	CCONJ
cblr-2902	1114	24	principal	principal	ADJ
cblr-2902	1114	25	payments	payment	NOUN
cblr-2902	1114	26	.	.	PUNCT
cblr-2902	1115	1	equation	equation	NOUN
cblr-2902	1115	2	1	1	NUM
cblr-2902	1115	3	below	below	ADV
cblr-2902	1115	4	shows	show	VERB
cblr-2902	1115	5	a	a	DET
cblr-2902	1115	6	simple	simple	ADJ
cblr-2902	1115	7	technique	technique	NOUN
cblr-2902	1115	8	to	to	PART
cblr-2902	1115	9	calculate	calculate	VERB
cblr-2902	1115	10	a	a	DET
cblr-2902	1115	11	bond	bond	NOUN
cblr-2902	1115	12	spread	spread	VERB
cblr-2902	1115	13	.	.	PUNCT
cblr-2902	1116	1	equation	equation	NOUN
cblr-2902	1116	2	1	1	NUM
cblr-2902	1116	3	(	(	PUNCT
cblr-2902	1116	4	credit	credit	NOUN
cblr-2902	1116	5	spread	spread	NOUN
cblr-2902	1116	6	)	)	PUNCT
cblr-2902	1116	7	=	=	SYM
cblr-2902	1117	1	(	(	PUNCT
cblr-2902	1117	2	corporate	corporate	ADJ
cblr-2902	1117	3	bond	bond	NOUN
cblr-2902	1117	4	yield	yield	NOUN
cblr-2902	1117	5	)	)	PUNCT
cblr-2902	1117	6	(	(	PUNCT
cblr-2902	1117	7	risk	risk	NOUN
cblr-2902	1117	8	-	-	PUNCT
cblr-2902	1117	9	free	free	ADJ
cblr-2902	1117	10	rate	rate	NOUN
cblr-2902	1117	11	)	)	PUNCT
cblr-2902	1117	12	it	it	PRON
cblr-2902	1117	13	is	be	AUX
cblr-2902	1117	14	important	important	ADJ
cblr-2902	1117	15	to	to	PART
cblr-2902	1117	16	match	match	VERB
cblr-2902	1117	17	the	the	DET
cblr-2902	1117	18	duration	duration	NOUN
cblr-2902	1117	19	and	and	CCONJ
cblr-2902	1117	20	term	term	NOUN
cblr-2902	1117	21	structure	structure	NOUN
cblr-2902	1117	22	of	of	ADP
cblr-2902	1117	23	the	the	DET
cblr-2902	1117	24	corporate	corporate	ADJ
cblr-2902	1117	25	bond	bond	NOUN
cblr-2902	1117	26	and	and	CCONJ
cblr-2902	1117	27	the	the	DET
cblr-2902	1117	28	risk	risk	NOUN
cblr-2902	1117	29	-	-	PUNCT
cblr-2902	1117	30	free	free	ADJ
cblr-2902	1117	31	instrument	instrument	NOUN
cblr-2902	1117	32	because	because	SCONJ
cblr-2902	1117	33	yields	yield	NOUN
cblr-2902	1117	34	vary	vary	VERB
cblr-2902	1117	35	by	by	ADP
cblr-2902	1117	36	duration	duration	NOUN
cblr-2902	1117	37	and	and	CCONJ
cblr-2902	1117	38	term	term	NOUN
cblr-2902	1117	39	structure.22	structure.22	NOUN
cblr-2902	1117	40	0	0	NUM
cblr-2902	1117	41	in	in	ADP
cblr-2902	1117	42	practice	practice	NOUN
cblr-2902	1117	43	,	,	PUNCT
cblr-2902	1117	44	it	it	PRON
cblr-2902	1117	45	may	may	AUX
cblr-2902	1117	46	not	not	PART
cblr-2902	1117	47	always	always	ADV
cblr-2902	1117	48	be	be	AUX
cblr-2902	1117	49	possible	possible	ADJ
cblr-2902	1117	50	to	to	PART
cblr-2902	1117	51	perfectly	perfectly	ADV
cblr-2902	1117	52	match	match	VERB
cblr-2902	1117	53	the	the	DET
cblr-2902	1117	54	term	term	NOUN
cblr-2902	1117	55	structures	structure	NOUN
cblr-2902	1117	56	.	.	PUNCT
cblr-2902	1118	1	there	there	PRON
cblr-2902	1118	2	are	be	VERB
cblr-2902	1118	3	more	more	ADV
cblr-2902	1118	4	sophisticated	sophisticated	ADJ
cblr-2902	1118	5	techniques	technique	NOUN
cblr-2902	1118	6	available	available	ADJ
cblr-2902	1118	7	that	that	PRON
cblr-2902	1118	8	try	try	VERB
cblr-2902	1118	9	to	to	PART
cblr-2902	1118	10	account	account	VERB
cblr-2902	1118	11	for	for	ADP
cblr-2902	1118	12	differences	difference	NOUN
cblr-2902	1118	13	in	in	ADP
cblr-2902	1118	14	the	the	DET
cblr-2902	1118	15	term	term	NOUN
cblr-2902	1118	16	structure	structure	NOUN
cblr-2902	1118	17	of	of	ADP
cblr-2902	1118	18	the	the	DET
cblr-2902	1118	19	corporate	corporate	ADJ
cblr-2902	1118	20	bond	bond	NOUN
cblr-2902	1118	21	and	and	CCONJ
cblr-2902	1118	22	the	the	DET
cblr-2902	1118	23	risk	risk	NOUN
cblr-2902	1118	24	-	-	PUNCT
cblr-2902	1118	25	free	free	ADJ
cblr-2902	1118	26	rate	rate	NOUN
cblr-2902	1118	27	by	by	ADP
cblr-2902	1118	28	constructing	construct	VERB
cblr-2902	1118	29	a	a	DET
cblr-2902	1118	30	yield	yield	NOUN
cblr-2902	1118	31	curve	curve	NOUN
cblr-2902	1118	32	,	,	PUNCT
cblr-2902	1118	33	but	but	CCONJ
cblr-2902	1118	34	in	in	ADP
cblr-2902	1118	35	most	most	ADJ
cblr-2902	1118	36	cases	case	NOUN
cblr-2902	1118	37	in	in	ADP
cblr-2902	1118	38	the	the	DET
cblr-2902	1118	39	judicial	judicial	ADJ
cblr-2902	1118	40	context	context	NOUN
cblr-2902	1118	41	,	,	PUNCT
cblr-2902	1118	42	the	the	DET
cblr-2902	1118	43	marginal	marginal	ADJ
cblr-2902	1118	44	improvement	improvement	NOUN
cblr-2902	1118	45	in	in	ADP
cblr-2902	1118	46	accuracy	accuracy	NOUN
cblr-2902	1118	47	presented	present	VERB
cblr-2902	1118	48	by	by	ADP
cblr-2902	1118	49	these	these	DET
cblr-2902	1118	50	techniques	technique	NOUN
cblr-2902	1118	51	is	be	AUX
cblr-2902	1118	52	unlikely	unlikely	ADJ
cblr-2902	1118	53	to	to	PART
cblr-2902	1118	54	justify	justify	VERB
cblr-2902	1118	55	the	the	DET
cblr-2902	1118	56	added	add	VERB
cblr-2902	1118	57	complexity	complexity	NOUN
cblr-2902	1118	58	and	and	CCONJ
cblr-2902	1118	59	potential	potential	NOUN
cblr-2902	1118	60	for	for	ADP
cblr-2902	1118	61	manipulation	manipulation	NOUN
cblr-2902	1118	62	.	.	PUNCT
cblr-2902	1119	1	credit	credit	NOUN
cblr-2902	1119	2	default	default	NOUN
cblr-2902	1119	3	swaps	swap	NOUN
cblr-2902	1119	4	have	have	VERB
cblr-2902	1119	5	the	the	DET
cblr-2902	1119	6	advantage	advantage	NOUN
cblr-2902	1119	7	of	of	ADP
cblr-2902	1119	8	not	not	PART
cblr-2902	1119	9	requiring	require	VERB
cblr-2902	1119	10	any	any	DET
cblr-2902	1119	11	math	math	NOUN
cblr-2902	1119	12	to	to	PART
cblr-2902	1119	13	calculate	calculate	VERB
cblr-2902	1119	14	a	a	DET
cblr-2902	1119	15	credit	credit	NOUN
cblr-2902	1119	16	spread	spread	NOUN
cblr-2902	1119	17	-	-	PUNCT
cblr-2902	1119	18	the	the	DET
cblr-2902	1119	19	market	market	NOUN
cblr-2902	1119	20	has	have	VERB
cblr-2902	1119	21	maturity	maturity	NOUN
cblr-2902	1119	22	of	of	ADP
cblr-2902	1119	23	a	a	DET
cblr-2902	1119	24	firm	firm	NOUN
cblr-2902	1119	25	's	's	PART
cblr-2902	1119	26	debt	debt	NOUN
cblr-2902	1119	27	)	)	PUNCT
cblr-2902	1119	28	.	.	PUNCT
cblr-2902	1120	1	isolating	isolate	VERB
cblr-2902	1120	2	the	the	DET
cblr-2902	1120	3	influence	influence	NOUN
cblr-2902	1120	4	of	of	ADP
cblr-2902	1120	5	default	default	NOUN
cblr-2902	1120	6	likelihood	likelihood	NOUN
cblr-2902	1120	7	on	on	ADP
cblr-2902	1120	8	interest	interest	NOUN
cblr-2902	1120	9	rate	rate	NOUN
cblr-2902	1120	10	differentials	differential	NOUN
cblr-2902	1120	11	involves	involve	VERB
cblr-2902	1120	12	controlling	control	VERB
cblr-2902	1120	13	for	for	ADP
cblr-2902	1120	14	these	these	DET
cblr-2902	1120	15	other	other	ADJ
cblr-2902	1120	16	effects	effect	NOUN
cblr-2902	1120	17	.	.	PUNCT
cblr-2902	1120	18	"	"	PUNCT
cblr-2902	1120	19	)	)	PUNCT
cblr-2902	1120	20	;	;	PUNCT
cblr-2902	1121	1	longstaff	longstaff	PROPN
cblr-2902	1121	2	et	et	PROPN
cblr-2902	1121	3	al	al	PROPN
cblr-2902	1121	4	.	.	PROPN
cblr-2902	1121	5	,	,	PUNCT
cblr-2902	1121	6	supra	supra	PROPN
cblr-2902	1121	7	note	note	NOUN
cblr-2902	1121	8	181	181	NUM
cblr-2902	1121	9	,	,	PUNCT
cblr-2902	1121	10	at	at	ADP
cblr-2902	1121	11	2218	2218	NUM
cblr-2902	1121	12	(	(	PUNCT
cblr-2902	1121	13	"	"	PUNCT
cblr-2902	1121	14	[	[	X
cblr-2902	1121	15	clorporate	clorporate	ADJ
cblr-2902	1121	16	bond	bond	NOUN
cblr-2902	1121	17	yield	yield	NOUN
cblr-2902	1121	18	spreads	spread	NOUN
cblr-2902	1121	19	will	will	AUX
cblr-2902	1121	20	always	always	ADV
cblr-2902	1121	21	be	be	AUX
cblr-2902	1121	22	calculated	calculate	VERB
cblr-2902	1121	23	as	as	ADP
cblr-2902	1121	24	the	the	DET
cblr-2902	1121	25	yield	yield	NOUN
cblr-2902	1121	26	on	on	ADP
cblr-2902	1121	27	a	a	DET
cblr-2902	1121	28	corporate	corporate	ADJ
cblr-2902	1121	29	bond	bond	NOUN
cblr-2902	1121	30	minus	minus	ADP
cblr-2902	1121	31	the	the	DET
cblr-2902	1121	32	yield	yield	NOUN
cblr-2902	1121	33	on	on	ADP
cblr-2902	1121	34	a	a	DET
cblr-2902	1121	35	riskless	riskless	NOUN
cblr-2902	1121	36	bond	bond	NOUN
cblr-2902	1121	37	with	with	ADP
cblr-2902	1121	38	the	the	DET
cblr-2902	1121	39	identical	identical	ADJ
cblr-2902	1121	40	coupon	coupon	NOUN
cblr-2902	1121	41	rate	rate	NOUN
cblr-2902	1121	42	and	and	CCONJ
cblr-2902	1121	43	maturity	maturity	NOUN
cblr-2902	1121	44	date	date	NOUN
cblr-2902	1121	45	.	.	PUNCT
cblr-2902	1121	46	"	"	PUNCT
cblr-2902	1121	47	)	)	PUNCT
cblr-2902	1121	48	(	(	PUNCT
cblr-2902	1121	49	emphasis	emphasis	NOUN
cblr-2902	1121	50	added	add	VERB
cblr-2902	1121	51	)	)	PUNCT
cblr-2902	1121	52	;	;	PUNCT
cblr-2902	1121	53	merton	merton	PROPN
cblr-2902	1121	54	,	,	PUNCT
cblr-2902	1121	55	supra	supra	PROPN
cblr-2902	1121	56	note	note	NOUN
cblr-2902	1121	57	159	159	NUM
cblr-2902	1121	58	,	,	PUNCT
cblr-2902	1121	59	at	at	ADP
cblr-2902	1121	60	449	449	NUM
cblr-2902	1121	61	;	;	PUNCT
cblr-2902	1121	62	gregory	gregory	PROPN
cblr-2902	1121	63	r.	r.	PROPN
cblr-2902	1121	64	duffee	duffee	PROPN
cblr-2902	1121	65	,	,	PUNCT
cblr-2902	1121	66	the	the	DET
cblr-2902	1121	67	relation	relation	NOUN
cblr-2902	1121	68	between	between	ADP
cblr-2902	1121	69	treasury	treasury	NOUN
cblr-2902	1121	70	yields	yield	NOUN
cblr-2902	1121	71	and	and	CCONJ
cblr-2902	1121	72	corporate	corporate	ADJ
cblr-2902	1121	73	bond	bond	NOUN
cblr-2902	1121	74	yield	yield	NOUN
cblr-2902	1121	75	spreads	spread	NOUN
cblr-2902	1121	76	,	,	PUNCT
cblr-2902	1121	77	53	53	NUM
cblr-2902	1121	78	j.	j.	PROPN
cblr-2902	1121	79	fin	fin	PROPN
cblr-2902	1121	80	.	.	PUNCT
cblr-2902	1122	1	2225	2225	NUM
cblr-2902	1122	2	,	,	PUNCT
cblr-2902	1122	3	2225	2225	NUM
cblr-2902	1122	4	-	-	SYM
cblr-2902	1122	5	26	26	NUM
cblr-2902	1122	6	(	(	PUNCT
cblr-2902	1122	7	1998	1998	NUM
cblr-2902	1122	8	)	)	PUNCT
cblr-2902	1122	9	(	(	PUNCT
cblr-2902	1122	10	demonstrating	demonstrate	VERB
cblr-2902	1122	11	that	that	SCONJ
cblr-2902	1122	12	the	the	DET
cblr-2902	1122	13	spread	spread	NOUN
cblr-2902	1122	14	between	between	ADP
cblr-2902	1122	15	a	a	DET
cblr-2902	1122	16	corporate	corporate	ADJ
cblr-2902	1122	17	bond	bond	NOUN
cblr-2902	1122	18	yield	yield	NOUN
cblr-2902	1122	19	and	and	CCONJ
cblr-2902	1122	20	treasury	treasury	NOUN
cblr-2902	1122	21	yields	yield	NOUN
cblr-2902	1122	22	depends	depend	VERB
cblr-2902	1122	23	on	on	ADP
cblr-2902	1122	24	whether	whether	SCONJ
cblr-2902	1122	25	the	the	DET
cblr-2902	1122	26	corporate	corporate	ADJ
cblr-2902	1122	27	bond	bond	NOUN
cblr-2902	1122	28	is	be	AUX
cblr-2902	1122	29	callable	callable	ADJ
cblr-2902	1122	30	,	,	PUNCT
cblr-2902	1122	31	and	and	CCONJ
cblr-2902	1122	32	thus	thus	ADV
cblr-2902	1122	33	supporting	support	VERB
cblr-2902	1122	34	the	the	DET
cblr-2902	1122	35	notion	notion	NOUN
cblr-2902	1122	36	that	that	SCONJ
cblr-2902	1122	37	callable	callable	ADJ
cblr-2902	1122	38	bonds	bond	NOUN
cblr-2902	1122	39	should	should	AUX
cblr-2902	1122	40	therefore	therefore	ADV
cblr-2902	1122	41	only	only	ADV
cblr-2902	1122	42	be	be	AUX
cblr-2902	1122	43	compared	compare	VERB
cblr-2902	1122	44	to	to	ADP
cblr-2902	1122	45	other	other	ADJ
cblr-2902	1122	46	callable	callable	ADJ
cblr-2902	1122	47	bonds	bond	NOUN
cblr-2902	1122	48	when	when	SCONJ
cblr-2902	1122	49	evaluating	evaluate	VERB
cblr-2902	1122	50	implied	imply	VERB
cblr-2902	1122	51	default	default	NOUN
cblr-2902	1122	52	risk	risk	NOUN
cblr-2902	1122	53	)	)	PUNCT
cblr-2902	1122	54	.	.	PUNCT
cblr-2902	1123	1	220	220	NUM
cblr-2902	1123	2	in	in	ADP
cblr-2902	1123	3	general	general	ADJ
cblr-2902	1123	4	,	,	PUNCT
cblr-2902	1123	5	long	long	ADJ
cblr-2902	1123	6	-	-	PUNCT
cblr-2902	1123	7	term	term	NOUN
cblr-2902	1123	8	debt	debt	NOUN
cblr-2902	1123	9	carries	carry	VERB
cblr-2902	1123	10	a	a	DET
cblr-2902	1123	11	higher	high	ADJ
cblr-2902	1123	12	yield	yield	NOUN
cblr-2902	1123	13	than	than	ADP
cblr-2902	1123	14	short	short	ADJ
cblr-2902	1123	15	-	-	PUNCT
cblr-2902	1123	16	term	term	NOUN
cblr-2902	1123	17	debt	debt	NOUN
cblr-2902	1123	18	from	from	ADP
cblr-2902	1123	19	the	the	DET
cblr-2902	1123	20	same	same	ADJ
cblr-2902	1123	21	issuer	issuer	NOUN
cblr-2902	1123	22	,	,	PUNCT
cblr-2902	1123	23	and	and	CCONJ
cblr-2902	1123	24	zero	zero	NUM
cblr-2902	1123	25	-	-	PUNCT
cblr-2902	1123	26	coupon	coupon	NOUN
cblr-2902	1123	27	debt	debt	NOUN
cblr-2902	1123	28	carries	carry	VERB
cblr-2902	1123	29	a	a	DET
cblr-2902	1123	30	higher	high	ADJ
cblr-2902	1123	31	yield	yield	NOUN
cblr-2902	1123	32	than	than	ADP
cblr-2902	1123	33	coupon	coupon	NOUN
cblr-2902	1123	34	debt	debt	NOUN
cblr-2902	1123	35	with	with	ADP
cblr-2902	1123	36	the	the	DET
cblr-2902	1123	37	same	same	ADJ
cblr-2902	1123	38	maturity	maturity	NOUN
cblr-2902	1123	39	.	.	PUNCT
cblr-2902	1124	1	this	this	DET
cblr-2902	1124	2	positive	positive	ADJ
cblr-2902	1124	3	correlation	correlation	NOUN
cblr-2902	1124	4	between	between	ADP
cblr-2902	1124	5	yield	yield	NOUN
cblr-2902	1124	6	and	and	CCONJ
cblr-2902	1124	7	maturity	maturity	NOUN
cblr-2902	1124	8	is	be	AUX
cblr-2902	1124	9	known	know	VERB
cblr-2902	1124	10	as	as	ADP
cblr-2902	1124	11	the	the	DET
cblr-2902	1124	12	"	"	PUNCT
cblr-2902	1124	13	upward	upward	ADJ
cblr-2902	1124	14	sloping	slope	VERB
cblr-2902	1124	15	yield	yield	NOUN
cblr-2902	1124	16	curve	curve	NOUN
cblr-2902	1124	17	,	,	PUNCT
cblr-2902	1124	18	"	"	PUNCT
cblr-2902	1124	19	although	although	SCONJ
cblr-2902	1124	20	yield	yield	NOUN
cblr-2902	1124	21	curves	curve	NOUN
cblr-2902	1124	22	are	be	AUX
cblr-2902	1124	23	occasionally	occasionally	ADV
cblr-2902	1124	24	kinked	kinked	ADJ
cblr-2902	1124	25	,	,	PUNCT
cblr-2902	1124	26	flat	flat	ADJ
cblr-2902	1124	27	,	,	PUNCT
cblr-2902	1124	28	or	or	CCONJ
cblr-2902	1124	29	downward	downward	ADJ
cblr-2902	1124	30	sloping	sloping	NOUN
cblr-2902	1124	31	.	.	PUNCT
cblr-2902	1125	1	historical	historical	ADJ
cblr-2902	1125	2	yields	yield	NOUN
cblr-2902	1125	3	for	for	ADP
cblr-2902	1125	4	u.s	u.s	PROPN
cblr-2902	1125	5	.	.	PROPN
cblr-2902	1125	6	treasuries	treasury	NOUN
cblr-2902	1125	7	of	of	ADP
cblr-2902	1125	8	different	different	ADJ
cblr-2902	1125	9	maturities	maturity	NOUN
cblr-2902	1125	10	are	be	AUX
cblr-2902	1125	11	freely	freely	ADV
cblr-2902	1125	12	available	available	ADJ
cblr-2902	1125	13	from	from	ADP
cblr-2902	1125	14	the	the	DET
cblr-2902	1125	15	u.s	u.s	PROPN
cblr-2902	1125	16	.	.	PROPN
cblr-2902	1125	17	treasury	treasury	PROPN
cblr-2902	1125	18	department	department	PROPN
cblr-2902	1125	19	's	's	PART
cblr-2902	1125	20	website	website	NOUN
cblr-2902	1125	21	and	and	CCONJ
cblr-2902	1125	22	from	from	ADP
cblr-2902	1125	23	federal	federal	PROPN
cblr-2902	1125	24	reserve	reserve	PROPN
cblr-2902	1125	25	statistical	statistical	ADJ
cblr-2902	1125	26	releases	release	NOUN
cblr-2902	1125	27	.	.	PUNCT
cblr-2902	1126	1	190	190	NUM
cblr-2902	1127	1	[	[	X
cblr-2902	1127	2	vol	vol	NOUN
cblr-2902	1127	3	.	.	PUNCT
cblr-2902	1127	4	2011	2011	NUM
cblr-2902	1127	5	already	already	ADV
cblr-2902	1127	6	done	do	VERB
cblr-2902	1127	7	the	the	DET
cblr-2902	1127	8	math.2	math.2	PROPN
cblr-2902	1127	9	2	2	NUM
cblr-2902	1127	10	'	'	PART
cblr-2902	1127	11	cds	cd	NOUN
cblr-2902	1127	12	annual	annual	ADJ
cblr-2902	1127	13	fees	fee	NOUN
cblr-2902	1127	14	are	be	AUX
cblr-2902	1127	15	themselves	themselves	PRON
cblr-2902	1127	16	a	a	DET
cblr-2902	1127	17	credit	credit	NOUN
cblr-2902	1127	18	spread	spread	NOUN
cblr-2902	1127	19	.	.	PUNCT
cblr-2902	1128	1	the	the	DET
cblr-2902	1128	2	fees	fee	NOUN
cblr-2902	1128	3	paid	pay	VERB
cblr-2902	1128	4	by	by	ADP
cblr-2902	1128	5	cds	cd	NOUN
cblr-2902	1128	6	protection	protection	NOUN
cblr-2902	1128	7	buyers	buyer	NOUN
cblr-2902	1128	8	to	to	ADP
cblr-2902	1128	9	protection	protection	NOUN
cblr-2902	1128	10	sellers	seller	NOUN
cblr-2902	1128	11	-	-	PUNCT
cblr-2902	1128	12	under	under	ADP
cblr-2902	1128	13	ideal	ideal	ADJ
cblr-2902	1128	14	market	market	NOUN
cblr-2902	1128	15	conditions	condition	NOUN
cblr-2902	1128	16	in	in	ADP
cblr-2902	1128	17	which	which	PRON
cblr-2902	1128	18	there	there	PRON
cblr-2902	1128	19	are	be	VERB
cblr-2902	1128	20	no	no	DET
cblr-2902	1128	21	transactions	transaction	NOUN
cblr-2902	1128	22	costs	cost	NOUN
cblr-2902	1128	23	,	,	PUNCT
cblr-2902	1128	24	taxes	taxis	NOUN
cblr-2902	1128	25	,	,	PUNCT
cblr-2902	1128	26	counterparty	counterparty	NOUN
cblr-2902	1128	27	risks	risk	NOUN
cblr-2902	1128	28	among	among	ADP
cblr-2902	1128	29	derivatives	derivative	NOUN
cblr-2902	1128	30	counterparties	counterpartie	NOUN
cblr-2902	1128	31	,	,	PUNCT
cblr-2902	1128	32	or	or	CCONJ
cblr-2902	1128	33	arbitrage	arbitrage	NOUN
cblr-2902	1128	34	opportunities	opportunity	NOUN
cblr-2902	1128	35	-	-	PUNCT
cblr-2902	1128	36	should	should	AUX
cblr-2902	1128	37	be	be	AUX
cblr-2902	1128	38	equivalent	equivalent	ADJ
cblr-2902	1128	39	to	to	ADP
cblr-2902	1128	40	the	the	DET
cblr-2902	1128	41	spread	spread	NOUN
cblr-2902	1128	42	between	between	ADP
cblr-2902	1128	43	the	the	DET
cblr-2902	1128	44	yield	yield	NOUN
cblr-2902	1128	45	of	of	ADP
cblr-2902	1128	46	the	the	DET
cblr-2902	1128	47	reference	reference	NOUN
cblr-2902	1128	48	corporate	corporate	ADJ
cblr-2902	1128	49	bond	bond	NOUN
cblr-2902	1128	50	and	and	CCONJ
cblr-2902	1128	51	the	the	DET
cblr-2902	1128	52	risk	risk	NOUN
cblr-2902	1128	53	-	-	PUNCT
cblr-2902	1128	54	free	free	ADJ
cblr-2902	1128	55	interest	interest	NOUN
cblr-2902	1128	56	rate.222	rate.222	NOUN
cblr-2902	1128	57	to	to	PART
cblr-2902	1128	58	understand	understand	VERB
cblr-2902	1128	59	why	why	SCONJ
cblr-2902	1128	60	this	this	PRON
cblr-2902	1128	61	is	be	AUX
cblr-2902	1128	62	true	true	ADJ
cblr-2902	1128	63	,	,	PUNCT
cblr-2902	1128	64	consider	consider	VERB
cblr-2902	1128	65	the	the	DET
cblr-2902	1128	66	following	follow	VERB
cblr-2902	1128	67	example	example	NOUN
cblr-2902	1128	68	.	.	PUNCT
cblr-2902	1129	1	investor	investor	NOUN
cblr-2902	1129	2	a	a	PRON
cblr-2902	1129	3	holds	hold	VERB
cblr-2902	1129	4	$	$	SYM
cblr-2902	1129	5	100	100	NUM
cblr-2902	1129	6	million	million	NUM
cblr-2902	1129	7	worth	worth	NOUN
cblr-2902	1129	8	of	of	ADP
cblr-2902	1129	9	five	five	NUM
cblr-2902	1129	10	-	-	PUNCT
cblr-2902	1129	11	year	year	NOUN
cblr-2902	1129	12	corporate	corporate	ADJ
cblr-2902	1129	13	bonds	bond	NOUN
cblr-2902	1129	14	yielding	yield	VERB
cblr-2902	1129	15	eight	eight	NUM
cblr-2902	1129	16	percent	percent	NOUN
cblr-2902	1129	17	.	.	PUNCT
cblr-2902	1130	1	investor	investor	NOUN
cblr-2902	1130	2	b	b	PROPN
cblr-2902	1130	3	holds	hold	VERB
cblr-2902	1130	4	$	$	SYM
cblr-2902	1130	5	100	100	NUM
cblr-2902	1130	6	million	million	NUM
cblr-2902	1130	7	worth	worth	NOUN
cblr-2902	1130	8	of	of	ADP
cblr-2902	1130	9	five	five	NUM
cblr-2902	1130	10	-	-	PUNCT
cblr-2902	1130	11	year	year	NOUN
cblr-2902	1130	12	treasuries	treasury	NOUN
cblr-2902	1130	13	yielding	yield	VERB
cblr-2902	1130	14	five	five	NUM
cblr-2902	1130	15	percent	percent	NOUN
cblr-2902	1130	16	.	.	PUNCT
cblr-2902	1131	1	if	if	SCONJ
cblr-2902	1131	2	investor	investor	NOUN
cblr-2902	1131	3	a	a	DET
cblr-2902	1131	4	wishes	wish	NOUN
cblr-2902	1131	5	to	to	PART
cblr-2902	1131	6	eliminate	eliminate	VERB
cblr-2902	1131	7	the	the	DET
cblr-2902	1131	8	risk	risk	NOUN
cblr-2902	1131	9	of	of	ADP
cblr-2902	1131	10	default	default	NOUN
cblr-2902	1131	11	from	from	ADP
cblr-2902	1131	12	his	his	PRON
cblr-2902	1131	13	portfolio	portfolio	NOUN
cblr-2902	1131	14	,	,	PUNCT
cblr-2902	1131	15	he	he	PRON
cblr-2902	1131	16	may	may	AUX
cblr-2902	1131	17	do	do	VERB
cblr-2902	1131	18	so	so	ADV
cblr-2902	1131	19	either	either	CCONJ
cblr-2902	1131	20	by	by	ADP
cblr-2902	1131	21	purchasing	purchase	VERB
cblr-2902	1131	22	a	a	DET
cblr-2902	1131	23	fiveyear	fiveyear	NOUN
cblr-2902	1131	24	credit	credit	NOUN
cblr-2902	1131	25	default	default	NOUN
cblr-2902	1131	26	swap	swap	NOUN
cblr-2902	1131	27	or	or	CCONJ
cblr-2902	1131	28	by	by	ADP
cblr-2902	1131	29	selling	sell	VERB
cblr-2902	1131	30	his	his	PRON
cblr-2902	1131	31	corporate	corporate	ADJ
cblr-2902	1131	32	bonds	bond	NOUN
cblr-2902	1131	33	yielding	yield	VERB
cblr-2902	1131	34	eight	eight	NUM
cblr-2902	1131	35	percent	percent	NOUN
cblr-2902	1131	36	and	and	CCONJ
cblr-2902	1131	37	purchasing	purchase	VERB
cblr-2902	1131	38	investor	investor	NOUN
cblr-2902	1131	39	b	b	PROPN
cblr-2902	1131	40	's	's	PART
cblr-2902	1131	41	treasuries	treasury	NOUN
cblr-2902	1131	42	yielding	yield	VERB
cblr-2902	1131	43	five	five	NUM
cblr-2902	1131	44	percent	percent	NOUN
cblr-2902	1131	45	.	.	PUNCT
cblr-2902	1132	1	in	in	ADP
cblr-2902	1132	2	selling	sell	VERB
cblr-2902	1132	3	his	his	PRON
cblr-2902	1132	4	corporate	corporate	ADJ
cblr-2902	1132	5	bonds	bond	NOUN
cblr-2902	1132	6	for	for	ADP
cblr-2902	1132	7	default	default	NOUN
cblr-2902	1132	8	-	-	PUNCT
cblr-2902	1132	9	risk	risk	NOUN
cblr-2902	1132	10	-	-	PUNCT
cblr-2902	1132	11	free	free	ADJ
cblr-2902	1132	12	treasuries	treasury	NOUN
cblr-2902	1132	13	,	,	PUNCT
cblr-2902	1132	14	investor	investor	NOUN
cblr-2902	1132	15	a	a	PRON
cblr-2902	1132	16	will	will	AUX
cblr-2902	1132	17	sacrifice	sacrifice	VERB
cblr-2902	1132	18	300	300	NUM
cblr-2902	1132	19	basis	basis	NOUN
cblr-2902	1132	20	points	point	NOUN
cblr-2902	1132	21	,	,	PUNCT
cblr-2902	1132	22	or	or	CCONJ
cblr-2902	1132	23	three	three	NUM
cblr-2902	1132	24	percent	percent	NOUN
cblr-2902	1132	25	.	.	PUNCT
cblr-2902	1133	1	therefore	therefore	ADV
cblr-2902	1133	2	,	,	PUNCT
cblr-2902	1133	3	if	if	SCONJ
cblr-2902	1133	4	a	a	DET
cblr-2902	1133	5	five	five	NUM
cblr-2902	1133	6	-	-	PUNCT
cblr-2902	1133	7	year	year	NOUN
cblr-2902	1133	8	credit	credit	NOUN
cblr-2902	1133	9	default	default	NOUN
cblr-2902	1133	10	swap	swap	NOUN
cblr-2902	1133	11	would	would	AUX
cblr-2902	1133	12	successfully	successfully	ADV
cblr-2902	1133	13	eliminate	eliminate	VERB
cblr-2902	1133	14	all	all	DET
cblr-2902	1133	15	default	default	NOUN
cblr-2902	1133	16	risk	risk	NOUN
cblr-2902	1133	17	,	,	PUNCT
cblr-2902	1133	18	it	it	PRON
cblr-2902	1133	19	should	should	AUX
cblr-2902	1133	20	also	also	ADV
cblr-2902	1133	21	cost	cost	VERB
cblr-2902	1133	22	300	300	NUM
cblr-2902	1133	23	basis	basis	NOUN
cblr-2902	1133	24	points.223	points.223	NOUN
cblr-2902	1133	25	because	because	SCONJ
cblr-2902	1133	26	221	221	NUM
cblr-2902	1133	27	see	see	VERB
cblr-2902	1133	28	hull	hull	NOUN
cblr-2902	1133	29	et	et	PROPN
cblr-2902	1133	30	al	al	PROPN
cblr-2902	1133	31	.	.	PROPN
cblr-2902	1133	32	,	,	PUNCT
cblr-2902	1133	33	supra	supra	PROPN
cblr-2902	1133	34	note	note	PROPN
cblr-2902	1133	35	176	176	NUM
cblr-2902	1133	36	,	,	PUNCT
cblr-2902	1133	37	at	at	ADP
cblr-2902	1133	38	2792	2792	NUM
cblr-2902	1133	39	(	(	PUNCT
cblr-2902	1133	40	"	"	PUNCT
cblr-2902	1133	41	cds	cd	NOUN
cblr-2902	1133	42	spreads	spread	VERB
cblr-2902	1133	43	.	.	PUNCT
cblr-2902	1133	44	.	.	PUNCT
cblr-2902	1134	1	.	.	PUNCT
cblr-2902	1135	1	are	be	AUX
cblr-2902	1135	2	already	already	ADV
cblr-2902	1135	3	credit	credit	NOUN
cblr-2902	1135	4	spreads	spread	NOUN
cblr-2902	1135	5	.	.	PUNCT
cblr-2902	1135	6	"	"	PUNCT
cblr-2902	1135	7	)	)	PUNCT
cblr-2902	1135	8	.	.	PUNCT
cblr-2902	1136	1	222	222	NUM
cblr-2902	1136	2	see	see	VERB
cblr-2902	1136	3	i	i	PRON
cblr-2902	1136	4	d.	d.	PROPN
cblr-2902	1136	5	at	at	ADP
cblr-2902	1136	6	2790	2790	NUM
cblr-2902	1136	7	-	-	SYM
cblr-2902	1136	8	91	91	NUM
cblr-2902	1136	9	(	(	PUNCT
cblr-2902	1136	10	"	"	PUNCT
cblr-2902	1136	11	[	[	X
cblr-2902	1136	12	tihe	tihe	ADJ
cblr-2902	1136	13	n	n	CCONJ
cblr-2902	1136	14	-	-	PUNCT
cblr-2902	1136	15	year	year	NOUN
cblr-2902	1136	16	cds	cd	NOUN
cblr-2902	1136	17	spread	spread	NOUN
cblr-2902	1136	18	should	should	AUX
cblr-2902	1136	19	be	be	AUX
cblr-2902	1136	20	close	close	ADJ
cblr-2902	1136	21	to	to	ADP
cblr-2902	1136	22	the	the	DET
cblr-2902	1136	23	excess	excess	NOUN
cblr-2902	1136	24	of	of	ADP
cblr-2902	1136	25	the	the	DET
cblr-2902	1136	26	yield	yield	NOUN
cblr-2902	1136	27	on	on	ADP
cblr-2902	1136	28	an	an	DET
cblr-2902	1136	29	n	n	CCONJ
cblr-2902	1136	30	-	-	PUNCT
cblr-2902	1136	31	year	year	NOUN
cblr-2902	1136	32	bond	bond	NOUN
cblr-2902	1136	33	issued	issue	VERB
cblr-2902	1136	34	by	by	ADP
cblr-2902	1136	35	the	the	DET
cblr-2902	1136	36	reference	reference	NOUN
cblr-2902	1136	37	entity	entity	NOUN
cblr-2902	1136	38	over	over	ADP
cblr-2902	1136	39	the	the	DET
cblr-2902	1136	40	risk	risk	NOUN
cblr-2902	1136	41	free	free	ADJ
cblr-2902	1136	42	rate	rate	NOUN
cblr-2902	1136	43	.	.	PUNCT
cblr-2902	1137	1	this	this	PRON
cblr-2902	1137	2	is	be	AUX
cblr-2902	1137	3	because	because	SCONJ
cblr-2902	1137	4	a	a	DET
cblr-2902	1137	5	portfolio	portfolio	NOUN
cblr-2902	1137	6	consisting	consist	VERB
cblr-2902	1137	7	of	of	ADP
cblr-2902	1137	8	a	a	DET
cblr-2902	1137	9	cds	cd	NOUN
cblr-2902	1137	10	and	and	CCONJ
cblr-2902	1137	11	a	a	DET
cblr-2902	1137	12	par	par	NOUN
cblr-2902	1137	13	yield	yield	NOUN
cblr-2902	1137	14	bond	bond	NOUN
cblr-2902	1137	15	issued	issue	VERB
cblr-2902	1137	16	by	by	ADP
cblr-2902	1137	17	the	the	DET
cblr-2902	1137	18	reference	reference	NOUN
cblr-2902	1137	19	entity	entity	NOUN
cblr-2902	1137	20	is	be	AUX
cblr-2902	1137	21	very	very	ADV
cblr-2902	1137	22	similar	similar	ADJ
cblr-2902	1137	23	to	to	ADP
cblr-2902	1137	24	a	a	DET
cblr-2902	1137	25	par	par	NOUN
cblr-2902	1137	26	yield	yield	NOUN
cblr-2902	1137	27	risk	risk	NOUN
cblr-2902	1137	28	free	free	ADJ
cblr-2902	1137	29	bond	bond	NOUN
cblr-2902	1137	30	.	.	PUNCT
cblr-2902	1137	31	"	"	PUNCT
cblr-2902	1137	32	)	)	PUNCT
cblr-2902	1137	33	;	;	PUNCT
cblr-2902	1137	34	duffle	duffle	NOUN
cblr-2902	1137	35	et	et	PROPN
cblr-2902	1137	36	al	al	PROPN
cblr-2902	1137	37	.	.	PROPN
cblr-2902	1137	38	,	,	PUNCT
cblr-2902	1137	39	supra	supra	PROPN
cblr-2902	1137	40	note	note	PROPN
cblr-2902	1137	41	173	173	NUM
cblr-2902	1137	42	,	,	PUNCT
cblr-2902	1137	43	at	at	ADP
cblr-2902	1137	44	74	74	NUM
cblr-2902	1137	45	-	-	SYM
cblr-2902	1137	46	76	76	NUM
cblr-2902	1137	47	(	(	PUNCT
cblr-2902	1137	48	demonstrating	demonstrate	VERB
cblr-2902	1137	49	that	that	SCONJ
cblr-2902	1137	50	the	the	DET
cblr-2902	1137	51	cds	cd	NOUN
cblr-2902	1137	52	spread	spread	VERB
cblr-2902	1137	53	should	should	AUX
cblr-2902	1137	54	equal	equal	VERB
cblr-2902	1137	55	the	the	DET
cblr-2902	1137	56	spread	spread	NOUN
cblr-2902	1137	57	between	between	ADP
cblr-2902	1137	58	corporate	corporate	ADJ
cblr-2902	1137	59	and	and	CCONJ
cblr-2902	1137	60	riskless	riskless	NOUN
cblr-2902	1137	61	floating	float	VERB
cblr-2902	1137	62	rates	rate	NOUN
cblr-2902	1137	63	)	)	PUNCT
cblr-2902	1137	64	.	.	PUNCT
cblr-2902	1138	1	floating	float	VERB
cblr-2902	1138	2	rate	rate	NOUN
cblr-2902	1138	3	notes	note	NOUN
cblr-2902	1138	4	are	be	AUX
cblr-2902	1138	5	far	far	ADV
cblr-2902	1138	6	less	less	ADV
cblr-2902	1138	7	common	common	ADJ
cblr-2902	1138	8	than	than	ADP
cblr-2902	1138	9	fixed	fix	VERB
cblr-2902	1138	10	rate	rate	NOUN
cblr-2902	1138	11	notes	note	NOUN
cblr-2902	1138	12	,	,	PUNCT
cblr-2902	1138	13	and	and	CCONJ
cblr-2902	1138	14	there	there	PRON
cblr-2902	1138	15	are	be	VERB
cblr-2902	1138	16	some	some	DET
cblr-2902	1138	17	differences	difference	NOUN
cblr-2902	1138	18	in	in	ADP
cblr-2902	1138	19	spreads	spread	NOUN
cblr-2902	1138	20	between	between	ADP
cblr-2902	1138	21	the	the	DET
cblr-2902	1138	22	two	two	NUM
cblr-2902	1138	23	,	,	PUNCT
cblr-2902	1138	24	reportedly	reportedly	ADV
cblr-2902	1138	25	five	five	NUM
cblr-2902	1138	26	to	to	PART
cblr-2902	1138	27	ten	ten	NUM
cblr-2902	1138	28	basis	basis	NOUN
cblr-2902	1138	29	points	point	NOUN
cblr-2902	1138	30	.	.	PUNCT
cblr-2902	1139	1	see	see	VERB
cblr-2902	1139	2	longstaff	longstaff	PROPN
cblr-2902	1139	3	et	et	PROPN
cblr-2902	1139	4	al	al	PROPN
cblr-2902	1139	5	.	.	PROPN
cblr-2902	1139	6	,	,	PUNCT
cblr-2902	1139	7	supra	supra	PROPN
cblr-2902	1139	8	note	note	NOUN
cblr-2902	1139	9	181	181	NUM
cblr-2902	1139	10	,	,	PUNCT
cblr-2902	1139	11	at	at	ADP
cblr-2902	1139	12	2218	2218	NUM
cblr-2902	1139	13	.	.	PUNCT
cblr-2902	1140	1	however	however	ADV
cblr-2902	1140	2	,	,	PUNCT
cblr-2902	1140	3	this	this	DET
cblr-2902	1140	4	difference	difference	NOUN
cblr-2902	1140	5	in	in	ADP
cblr-2902	1140	6	bond	bond	NOUN
cblr-2902	1140	7	spreads	spread	NOUN
cblr-2902	1140	8	calculated	calculate	VERB
cblr-2902	1140	9	based	base	VERB
cblr-2902	1140	10	on	on	ADP
cblr-2902	1140	11	floating	float	VERB
cblr-2902	1140	12	rate	rate	NOUN
cblr-2902	1140	13	notes	note	NOUN
cblr-2902	1140	14	and	and	CCONJ
cblr-2902	1140	15	fixed	fix	VERB
cblr-2902	1140	16	rate	rate	NOUN
cblr-2902	1140	17	notes	note	NOUN
cblr-2902	1140	18	is	be	AUX
cblr-2902	1140	19	probably	probably	ADV
cblr-2902	1140	20	not	not	PART
cblr-2902	1140	21	significant	significant	ADJ
cblr-2902	1140	22	for	for	ADP
cblr-2902	1140	23	our	our	PRON
cblr-2902	1140	24	purposes	purpose	NOUN
cblr-2902	1140	25	and	and	CCONJ
cblr-2902	1140	26	likely	likely	ADV
cblr-2902	1140	27	does	do	AUX
cblr-2902	1140	28	not	not	PART
cblr-2902	1140	29	justify	justify	VERB
cblr-2902	1140	30	the	the	DET
cblr-2902	1140	31	added	add	VERB
cblr-2902	1140	32	complexity	complexity	NOUN
cblr-2902	1140	33	of	of	ADP
cblr-2902	1140	34	adjusting	adjust	VERB
cblr-2902	1140	35	data	datum	NOUN
cblr-2902	1140	36	that	that	PRON
cblr-2902	1140	37	is	be	AUX
cblr-2902	1140	38	readily	readily	ADV
cblr-2902	1140	39	observable	observable	ADJ
cblr-2902	1140	40	on	on	ADP
cblr-2902	1140	41	the	the	DET
cblr-2902	1140	42	market	market	NOUN
cblr-2902	1140	43	.	.	PUNCT
cblr-2902	1141	1	223	223	NUM
cblr-2902	1142	1	similarly	similarly	ADV
cblr-2902	1142	2	,	,	PUNCT
cblr-2902	1142	3	if	if	SCONJ
cblr-2902	1142	4	investor	investor	NOUN
cblr-2902	1142	5	b	b	NOUN
cblr-2902	1142	6	wanted	want	VERB
cblr-2902	1142	7	a	a	DET
cblr-2902	1142	8	higher	high	ADJ
cblr-2902	1142	9	yield	yield	NOUN
cblr-2902	1142	10	,	,	PUNCT
cblr-2902	1142	11	he	he	PRON
cblr-2902	1142	12	could	could	AUX
cblr-2902	1142	13	achieve	achieve	VERB
cblr-2902	1142	14	a	a	DET
cblr-2902	1142	15	higher	high	ADJ
cblr-2902	1142	16	yield	yield	NOUN
cblr-2902	1142	17	by	by	ADP
cblr-2902	1142	18	selling	sell	VERB
cblr-2902	1142	19	his	his	PRON
cblr-2902	1142	20	treasuries	treasury	NOUN
cblr-2902	1142	21	and	and	CCONJ
cblr-2902	1142	22	buying	buy	VERB
cblr-2902	1142	23	corporate	corporate	ADJ
cblr-2902	1142	24	bonds	bond	NOUN
cblr-2902	1142	25	from	from	ADP
cblr-2902	1142	26	investor	investor	NOUN
cblr-2902	1142	27	a.	a.	NOUN
cblr-2902	1142	28	in	in	ADP
cblr-2902	1142	29	so	so	ADV
cblr-2902	1142	30	doing	do	VERB
cblr-2902	1142	31	,	,	PUNCT
cblr-2902	1142	32	investor	investor	NOUN
cblr-2902	1142	33	b	b	PROPN
cblr-2902	1142	34	would	would	AUX
cblr-2902	1142	35	accept	accept	VERB
cblr-2902	1142	36	default	default	NOUN
cblr-2902	1142	37	risk	risk	NOUN
cblr-2902	1142	38	in	in	ADP
cblr-2902	1142	39	return	return	NOUN
cblr-2902	1142	40	for	for	ADP
cblr-2902	1142	41	300	300	NUM
cblr-2902	1142	42	basis	basis	NOUN
cblr-2902	1142	43	points	point	NOUN
cblr-2902	1142	44	of	of	ADP
cblr-2902	1142	45	extra	extra	ADJ
cblr-2902	1142	46	yield	yield	NOUN
cblr-2902	1142	47	.	.	PUNCT
cblr-2902	1143	1	investor	investor	NOUN
cblr-2902	1143	2	b	b	PROPN
cblr-2902	1143	3	could	could	AUX
cblr-2902	1143	4	replicate	replicate	VERB
cblr-2902	1143	5	this	this	DET
cblr-2902	1143	6	payoff	payoff	NOUN
cblr-2902	1143	7	by	by	ADP
cblr-2902	1143	8	191no	191no	NOUN
cblr-2902	1143	9	.	.	PUNCT
cblr-2902	1144	1	1	1	NUM
cblr-2902	1144	2	:	:	SYM
cblr-2902	1144	3	118	118	NUM
cblr-2902	1144	4	]	]	PUNCT
cblr-2902	1144	5	leveraged	leveraged	ADJ
cblr-2902	1144	6	buyout	buyout	NOUN
cblr-2902	1144	7	bankruptcies	bankruptcy	NOUN
cblr-2902	1144	8	of	of	ADP
cblr-2902	1144	9	this	this	DET
cblr-2902	1144	10	theoretical	theoretical	ADJ
cblr-2902	1144	11	equivalence	equivalence	NOUN
cblr-2902	1144	12	between	between	ADP
cblr-2902	1144	13	cds	cd	NOUN
cblr-2902	1144	14	fees	fee	NOUN
cblr-2902	1144	15	and	and	CCONJ
cblr-2902	1144	16	bond	bond	NOUN
cblr-2902	1144	17	spreads	spread	NOUN
cblr-2902	1144	18	,	,	PUNCT
cblr-2902	1144	19	the	the	DET
cblr-2902	1144	20	fees	fee	NOUN
cblr-2902	1144	21	on	on	ADP
cblr-2902	1144	22	credit	credit	NOUN
cblr-2902	1144	23	default	default	NOUN
cblr-2902	1144	24	swaps	swap	NOUN
cblr-2902	1144	25	are	be	AUX
cblr-2902	1144	26	frequently	frequently	ADV
cblr-2902	1144	27	referred	refer	VERB
cblr-2902	1144	28	to	to	ADP
cblr-2902	1144	29	as	as	ADP
cblr-2902	1144	30	the	the	DET
cblr-2902	1144	31	"	"	PUNCT
cblr-2902	1144	32	cds	cd	NOUN
cblr-2902	1144	33	spread	spread	NOUN
cblr-2902	1144	34	"	"	PUNCT
cblr-2902	1144	35	or	or	CCONJ
cblr-2902	1144	36	simply	simply	ADV
cblr-2902	1144	37	"	"	PUNCT
cblr-2902	1144	38	the	the	DET
cblr-2902	1144	39	spread	spread	NOUN
cblr-2902	1144	40	.	.	PUNCT
cblr-2902	1145	1	"22	"22	PROPN
cblr-2902	1145	2	4	4	NUM
cblr-2902	1145	3	b.	b.	NOUN
cblr-2902	1145	4	how	how	SCONJ
cblr-2902	1145	5	to	to	PART
cblr-2902	1145	6	extract	extract	VERB
cblr-2902	1145	7	the	the	DET
cblr-2902	1145	8	one	one	NUM
cblr-2902	1145	9	-	-	PUNCT
cblr-2902	1145	10	year	year	NOUN
cblr-2902	1145	11	market	market	NOUN
cblr-2902	1145	12	implied	imply	VERB
cblr-2902	1145	13	probability	probability	NOUN
cblr-2902	1145	14	of	of	ADP
cblr-2902	1145	15	default	default	NOUN
cblr-2902	1145	16	from	from	ADP
cblr-2902	1145	17	credit	credit	NOUN
cblr-2902	1145	18	spreads	spread	VERB
cblr-2902	1145	19	the	the	DET
cblr-2902	1145	20	relationship	relationship	NOUN
cblr-2902	1145	21	between	between	ADP
cblr-2902	1145	22	a	a	DET
cblr-2902	1145	23	credit	credit	NOUN
cblr-2902	1145	24	spread	spread	NOUN
cblr-2902	1145	25	and	and	CCONJ
cblr-2902	1145	26	the	the	DET
cblr-2902	1145	27	perceived	perceive	VERB
cblr-2902	1145	28	risk	risk	NOUN
cblr-2902	1145	29	of	of	ADP
cblr-2902	1145	30	default	default	NOUN
cblr-2902	1145	31	may	may	AUX
cblr-2902	1145	32	be	be	AUX
cblr-2902	1145	33	approximated	approximate	VERB
cblr-2902	1145	34	by	by	ADP
cblr-2902	1145	35	the	the	DET
cblr-2902	1145	36	following	following	ADJ
cblr-2902	1145	37	simplified	simplified	ADJ
cblr-2902	1145	38	equation	equation	NOUN
cblr-2902	1145	39	:	:	PUNCT
cblr-2902	1145	40	equation	equation	NOUN
cblr-2902	1145	41	2	2	NUM
cblr-2902	1145	42	(	(	PUNCT
cblr-2902	1145	43	perceived	perceive	VERB
cblr-2902	1145	44	probability	probability	NOUN
cblr-2902	1145	45	of	of	ADP
cblr-2902	1145	46	default	default	NOUN
cblr-2902	1145	47	in	in	ADP
cblr-2902	1145	48	year	year	NOUN
cblr-2902	1145	49	1	1	NUM
cblr-2902	1145	50	)	)	PUNCT
cblr-2902	1145	51	=	=	SYM
cblr-2902	1145	52	(	(	PUNCT
cblr-2902	1145	53	credit	credit	NOUN
cblr-2902	1145	54	spread	spread	NOUN
cblr-2902	1145	55	)	)	PUNCT
cblr-2902	1145	56	/	/	PUNCT
cblr-2902	1146	1	(	(	PUNCT
cblr-2902	1146	2	expected	expect	VERB
cblr-2902	1146	3	loss	loss	NOUN
cblr-2902	1146	4	rate	rate	NOUN
cblr-2902	1146	5	given	give	VERB
cblr-2902	1146	6	default)2	default)2	ADJ
cblr-2902	1146	7	25	25	NUM
cblr-2902	1146	8	this	this	DET
cblr-2902	1146	9	simple	simple	ADJ
cblr-2902	1146	10	equation	equation	NOUN
cblr-2902	1146	11	is	be	AUX
cblr-2902	1146	12	useful	useful	ADJ
cblr-2902	1146	13	for	for	ADP
cblr-2902	1146	14	illustrative	illustrative	ADJ
cblr-2902	1146	15	purposes	purpose	NOUN
cblr-2902	1146	16	.	.	PUNCT
cblr-2902	1147	1	as	as	SCONJ
cblr-2902	1147	2	this	this	DET
cblr-2902	1147	3	equation	equation	NOUN
cblr-2902	1147	4	demonstrates	demonstrate	VERB
cblr-2902	1147	5	,	,	PUNCT
cblr-2902	1147	6	an	an	DET
cblr-2902	1147	7	increase	increase	NOUN
cblr-2902	1147	8	in	in	ADP
cblr-2902	1147	9	the	the	DET
cblr-2902	1147	10	bond	bond	NOUN
cblr-2902	1147	11	spread	spread	NOUN
cblr-2902	1147	12	suggests	suggest	VERB
cblr-2902	1147	13	either	either	CCONJ
cblr-2902	1147	14	an	an	DET
cblr-2902	1147	15	increase	increase	NOUN
cblr-2902	1147	16	in	in	ADP
cblr-2902	1147	17	the	the	DET
cblr-2902	1147	18	perceived	perceive	VERB
cblr-2902	1147	19	probability	probability	NOUN
cblr-2902	1147	20	of	of	ADP
cblr-2902	1147	21	default	default	NOUN
cblr-2902	1147	22	or	or	CCONJ
cblr-2902	1147	23	an	an	DET
cblr-2902	1147	24	increase	increase	NOUN
cblr-2902	1147	25	in	in	ADP
cblr-2902	1147	26	the	the	DET
cblr-2902	1147	27	expected	expect	VERB
cblr-2902	1147	28	loss	loss	NOUN
cblr-2902	1147	29	rate	rate	NOUN
cblr-2902	1147	30	given	give	VERB
cblr-2902	1147	31	default	default	NOUN
cblr-2902	1147	32	.	.	PUNCT
cblr-2902	1148	1	these	these	DET
cblr-2902	1148	2	relationships	relationship	NOUN
cblr-2902	1148	3	are	be	AUX
cblr-2902	1148	4	directionally	directionally	ADV
cblr-2902	1148	5	correct	correct	ADJ
cblr-2902	1148	6	,	,	PUNCT
cblr-2902	1148	7	but	but	CCONJ
cblr-2902	1148	8	equation	equation	NOUN
cblr-2902	1148	9	2	2	NUM
cblr-2902	1148	10	is	be	AUX
cblr-2902	1148	11	mathematically	mathematically	ADV
cblr-2902	1148	12	only	only	ADV
cblr-2902	1148	13	a	a	DET
cblr-2902	1148	14	rough	rough	ADJ
cblr-2902	1148	15	approximation	approximation	NOUN
cblr-2902	1148	16	.	.	PUNCT
cblr-2902	1149	1	even	even	ADV
cblr-2902	1149	2	under	under	ADP
cblr-2902	1149	3	ideal	ideal	ADJ
cblr-2902	1149	4	conditions	condition	NOUN
cblr-2902	1149	5	-	-	PUNCT
cblr-2902	1149	6	a	a	DET
cblr-2902	1149	7	credit	credit	NOUN
cblr-2902	1149	8	market	market	NOUN
cblr-2902	1149	9	that	that	PRON
cblr-2902	1149	10	is	be	AUX
cblr-2902	1149	11	rational	rational	ADJ
cblr-2902	1149	12	,	,	PUNCT
cblr-2902	1149	13	risk	risk	NOUN
cblr-2902	1149	14	-	-	PUNCT
cblr-2902	1149	15	neutral	neutral	ADJ
cblr-2902	1149	16	,	,	PUNCT
cblr-2902	1149	17	transparent	transparent	ADJ
cblr-2902	1149	18	,	,	PUNCT
cblr-2902	1149	19	liquid	liquid	NOUN
cblr-2902	1149	20	,	,	PUNCT
cblr-2902	1149	21	and	and	CCONJ
cblr-2902	1149	22	free	free	ADJ
cblr-2902	1149	23	of	of	ADP
cblr-2902	1149	24	transactions	transaction	NOUN
cblr-2902	1149	25	costs	cost	NOUN
cblr-2902	1149	26	,	,	PUNCT
cblr-2902	1149	27	taxes	taxis	NOUN
cblr-2902	1149	28	,	,	PUNCT
cblr-2902	1149	29	or	or	CCONJ
cblr-2902	1149	30	market	market	NOUN
cblr-2902	1149	31	manipulation	manipulation	NOUN
cblr-2902	1149	32	-	-	PUNCT
cblr-2902	1149	33	a	a	DET
cblr-2902	1149	34	more	more	ADV
cblr-2902	1149	35	complex	complex	ADJ
cblr-2902	1149	36	equation	equation	NOUN
cblr-2902	1149	37	is	be	AUX
cblr-2902	1149	38	needed	need	VERB
cblr-2902	1149	39	to	to	PART
cblr-2902	1149	40	precisely	precisely	ADV
cblr-2902	1149	41	describe	describe	VERB
cblr-2902	1149	42	the	the	DET
cblr-2902	1149	43	relationship	relationship	NOUN
cblr-2902	1149	44	between	between	ADP
cblr-2902	1149	45	perceived	perceive	VERB
cblr-2902	1149	46	probability	probability	NOUN
cblr-2902	1149	47	of	of	ADP
cblr-2902	1149	48	default	default	NOUN
cblr-2902	1149	49	,	,	PUNCT
cblr-2902	1149	50	retaining	retain	VERB
cblr-2902	1149	51	his	his	PRON
cblr-2902	1149	52	treasuries	treasury	NOUN
cblr-2902	1149	53	but	but	CCONJ
cblr-2902	1149	54	instead	instead	ADV
cblr-2902	1149	55	selling	sell	VERB
cblr-2902	1149	56	cds	cd	NOUN
cblr-2902	1149	57	protection	protection	NOUN
cblr-2902	1149	58	on	on	ADP
cblr-2902	1149	59	the	the	DET
cblr-2902	1149	60	corporate	corporate	ADJ
cblr-2902	1149	61	bond	bond	NOUN
cblr-2902	1149	62	for	for	ADP
cblr-2902	1149	63	300	300	NUM
cblr-2902	1149	64	basis	basis	NOUN
cblr-2902	1149	65	points	point	NOUN
cblr-2902	1149	66	.	.	PUNCT
cblr-2902	1150	1	224	224	NUM
cblr-2902	1150	2	the	the	DET
cblr-2902	1150	3	difference	difference	NOUN
cblr-2902	1150	4	between	between	ADP
cblr-2902	1150	5	the	the	DET
cblr-2902	1150	6	price	price	NOUN
cblr-2902	1150	7	at	at	ADP
cblr-2902	1150	8	which	which	PRON
cblr-2902	1150	9	dealers	dealer	NOUN
cblr-2902	1150	10	are	be	AUX
cblr-2902	1150	11	willing	willing	ADJ
cblr-2902	1150	12	to	to	PART
cblr-2902	1150	13	sell	sell	VERB
cblr-2902	1150	14	cds	cd	NOUN
cblr-2902	1150	15	protection	protection	NOUN
cblr-2902	1150	16	and	and	CCONJ
cblr-2902	1150	17	the	the	DET
cblr-2902	1150	18	price	price	NOUN
cblr-2902	1150	19	at	at	ADP
cblr-2902	1150	20	which	which	PRON
cblr-2902	1150	21	they	they	PRON
cblr-2902	1150	22	are	be	AUX
cblr-2902	1150	23	willing	willing	ADJ
cblr-2902	1150	24	to	to	PART
cblr-2902	1150	25	buy	buy	VERB
cblr-2902	1150	26	cds	cd	NOUN
cblr-2902	1150	27	protection	protection	NOUN
cblr-2902	1150	28	is	be	AUX
cblr-2902	1150	29	also	also	ADV
cblr-2902	1150	30	sometimes	sometimes	ADV
cblr-2902	1150	31	referred	refer	VERB
cblr-2902	1150	32	to	to	ADP
cblr-2902	1150	33	as	as	ADP
cblr-2902	1150	34	the	the	DET
cblr-2902	1150	35	"	"	PUNCT
cblr-2902	1150	36	bid	bid	NOUN
cblr-2902	1150	37	-	-	PUNCT
cblr-2902	1150	38	ask	ask	NOUN
cblr-2902	1150	39	spread	spread	NOUN
cblr-2902	1150	40	,	,	PUNCT
cblr-2902	1150	41	"	"	PUNCT
cblr-2902	1150	42	or	or	CCONJ
cblr-2902	1150	43	simply	simply	ADV
cblr-2902	1150	44	the	the	DET
cblr-2902	1150	45	"	"	PUNCT
cblr-2902	1150	46	spread	spread	NOUN
cblr-2902	1150	47	.	.	PUNCT
cblr-2902	1150	48	"	"	PUNCT
cblr-2902	1151	1	225	225	NUM
cblr-2902	1151	2	the	the	DET
cblr-2902	1151	3	expected	expect	VERB
cblr-2902	1151	4	loss	loss	NOUN
cblr-2902	1151	5	rate	rate	NOUN
cblr-2902	1151	6	given	give	VERB
cblr-2902	1151	7	default	default	NOUN
cblr-2902	1151	8	will	will	AUX
cblr-2902	1151	9	almost	almost	ADV
cblr-2902	1151	10	always	always	ADV
cblr-2902	1151	11	be	be	AUX
cblr-2902	1151	12	less	less	ADJ
cblr-2902	1151	13	than	than	ADP
cblr-2902	1151	14	100	100	NUM
cblr-2902	1151	15	percent	percent	NOUN
cblr-2902	1151	16	because	because	SCONJ
cblr-2902	1151	17	even	even	ADV
cblr-2902	1151	18	when	when	SCONJ
cblr-2902	1151	19	a	a	DET
cblr-2902	1151	20	debtor	debtor	NOUN
cblr-2902	1151	21	defaults	default	NOUN
cblr-2902	1151	22	,	,	PUNCT
cblr-2902	1151	23	creditors	creditor	NOUN
cblr-2902	1151	24	generally	generally	ADV
cblr-2902	1151	25	recover	recover	VERB
cblr-2902	1151	26	some	some	DET
cblr-2902	1151	27	portion	portion	NOUN
cblr-2902	1151	28	of	of	ADP
cblr-2902	1151	29	the	the	DET
cblr-2902	1151	30	amount	amount	NOUN
cblr-2902	1151	31	owed	owe	VERB
cblr-2902	1151	32	to	to	ADP
cblr-2902	1151	33	them	they	PRON
cblr-2902	1151	34	.	.	PUNCT
cblr-2902	1152	1	the	the	DET
cblr-2902	1152	2	expected	expect	VERB
cblr-2902	1152	3	recovery	recovery	NOUN
cblr-2902	1152	4	rate	rate	NOUN
cblr-2902	1152	5	and	and	CCONJ
cblr-2902	1152	6	the	the	DET
cblr-2902	1152	7	expected	expect	VERB
cblr-2902	1152	8	loss	loss	NOUN
cblr-2902	1152	9	rate	rate	NOUN
cblr-2902	1152	10	given	give	VERB
cblr-2902	1152	11	default	default	NOUN
cblr-2902	1152	12	sum	sum	NOUN
cblr-2902	1152	13	to	to	ADP
cblr-2902	1152	14	100	100	NUM
cblr-2902	1152	15	percent	percent	NOUN
cblr-2902	1152	16	.	.	PUNCT
cblr-2902	1153	1	in	in	ADP
cblr-2902	1153	2	mathematical	mathematical	ADJ
cblr-2902	1153	3	notation	notation	NOUN
cblr-2902	1153	4	,	,	PUNCT
cblr-2902	1153	5	(	(	PUNCT
cblr-2902	1153	6	expected	expect	VERB
cblr-2902	1153	7	loss	loss	NOUN
cblr-2902	1153	8	rate	rate	NOUN
cblr-2902	1153	9	given	give	VERB
cblr-2902	1153	10	default	default	NOUN
cblr-2902	1153	11	)	)	PUNCT
cblr-2902	1153	12	=	=	SYM
cblr-2902	1153	13	1	1	NUM
cblr-2902	1153	14	(	(	PUNCT
cblr-2902	1153	15	expected	expect	VERB
cblr-2902	1153	16	recovery	recovery	NOUN
cblr-2902	1153	17	rate	rate	NOUN
cblr-2902	1153	18	)	)	PUNCT
cblr-2902	1153	19	.	.	PUNCT
cblr-2902	1154	1	[	[	X
cblr-2902	1154	2	vol	vol	NOUN
cblr-2902	1154	3	.	.	PUNCT
cblr-2902	1154	4	2011192	2011192	NUM
cblr-2902	1154	5	col	col	PROPN
cblr-2902	1154	6	umia	umia	PROPN
cblr-2902	1154	7	business	business	PROPN
cblr-2902	1154	8	la	la	PROPN
cblr-2902	1154	9	w	w	PROPN
cblr-2902	1154	10	re	re	AUX
cblr-2902	1154	11	view	view	VERB
cblr-2902	1154	12	leveraged	leveraged	PROPN
cblr-2902	1154	13	b	b	PROPN
cblr-2902	1154	14	uyo	uyo	PROPN
cblr-2902	1154	15	ut	ut	PROPN
cblr-2902	1154	16	bankruptcies	bankruptcy	NOUN
cblr-2902	1154	17	expected	expect	VERB
cblr-2902	1154	18	recovery	recovery	NOUN
cblr-2902	1154	19	rate	rate	NOUN
cblr-2902	1154	20	,	,	PUNCT
cblr-2902	1154	21	corporate	corporate	ADJ
cblr-2902	1154	22	bond	bond	NOUN
cblr-2902	1154	23	yields	yield	NOUN
cblr-2902	1154	24	,	,	PUNCT
cblr-2902	1154	25	and	and	CCONJ
cblr-2902	1154	26	the	the	DET
cblr-2902	1154	27	riskfree	riskfree	NOUN
cblr-2902	1154	28	rate	rate	NOUN
cblr-2902	1154	29	.	.	PUNCT
cblr-2902	1155	1	the	the	DET
cblr-2902	1155	2	following	follow	VERB
cblr-2902	1155	3	formula	formula	NOUN
cblr-2902	1155	4	provides	provide	VERB
cblr-2902	1155	5	a	a	DET
cblr-2902	1155	6	more	more	ADV
cblr-2902	1155	7	precise	precise	ADJ
cblr-2902	1155	8	description	description	NOUN
cblr-2902	1155	9	of	of	ADP
cblr-2902	1155	10	the	the	DET
cblr-2902	1155	11	relationship	relationship	NOUN
cblr-2902	1155	12	under	under	ADP
cblr-2902	1155	13	idealized	idealized	ADJ
cblr-2902	1155	14	conditions	condition	NOUN
cblr-2902	1155	15	:	:	PUNCT
cblr-2902	1155	16	equation	equation	NOUN
cblr-2902	1155	17	3	3	NUM
cblr-2902	1155	18	(	(	PUNCT
cblr-2902	1155	19	probability	probability	NOUN
cblr-2902	1155	20	of	of	ADP
cblr-2902	1155	21	default	default	NOUN
cblr-2902	1155	22	in	in	ADP
cblr-2902	1155	23	year	year	NOUN
cblr-2902	1155	24	1	1	NUM
cblr-2902	1155	25	)	)	PUNCT
cblr-2902	1155	26	=	=	NOUN
cblr-2902	1156	1	[	[	X
cblr-2902	1156	2	1	1	NUM
cblr-2902	1156	3	(	(	PUNCT
cblr-2902	1156	4	1	1	NUM
cblr-2902	1156	5	+	+	NOUN
cblr-2902	1156	6	risk	risk	NOUN
cblr-2902	1156	7	-	-	PUNCT
cblr-2902	1156	8	free	free	ADJ
cblr-2902	1156	9	rate)/(1	rate)/(1	NOUN
cblr-2902	1156	10	+	+	CCONJ
cblr-2902	1156	11	corporate	corporate	ADJ
cblr-2902	1156	12	bond	bond	NOUN
cblr-2902	1156	13	yield	yield	NOUN
cblr-2902	1156	14	)	)	PUNCT
cblr-2902	1156	15	]	]	PUNCT
cblr-2902	1156	16	/	/	PUNCT
cblr-2902	1156	17	(	(	PUNCT
cblr-2902	1156	18	expected	expect	VERB
cblr-2902	1156	19	loss	loss	NOUN
cblr-2902	1156	20	rate	rate	NOUN
cblr-2902	1156	21	given	give	VERB
cblr-2902	1156	22	default	default	NOUN
cblr-2902	1156	23	)	)	PUNCT
cblr-2902	1156	24	if	if	SCONJ
cblr-2902	1156	25	cds	cd	NOUN
cblr-2902	1156	26	spreads	spread	NOUN
cblr-2902	1156	27	are	be	AUX
cblr-2902	1156	28	used	use	VERB
cblr-2902	1156	29	instead	instead	ADV
cblr-2902	1156	30	of	of	ADP
cblr-2902	1156	31	bond	bond	NOUN
cblr-2902	1156	32	spreads	spread	NOUN
cblr-2902	1156	33	,	,	PUNCT
cblr-2902	1156	34	equation	equation	NOUN
cblr-2902	1156	35	3	3	NUM
cblr-2902	1156	36	may	may	AUX
cblr-2902	1156	37	be	be	AUX
cblr-2902	1156	38	rewritten	rewrite	VERB
cblr-2902	1156	39	as	as	ADP
cblr-2902	1156	40	:	:	PUNCT
cblr-2902	1156	41	equation	equation	NOUN
cblr-2902	1156	42	4	4	NUM
cblr-2902	1156	43	(	(	PUNCT
cblr-2902	1156	44	probability	probability	NOUN
cblr-2902	1156	45	of	of	ADP
cblr-2902	1156	46	default	default	NOUN
cblr-2902	1156	47	in	in	ADP
cblr-2902	1156	48	year	year	NOUN
cblr-2902	1156	49	1	1	NUM
cblr-2902	1156	50	)	)	PUNCT
cblr-2902	1156	51	=	=	NOUN
cblr-2902	1157	1	[	[	X
cblr-2902	1157	2	1	1	NUM
cblr-2902	1157	3	(	(	PUNCT
cblr-2902	1157	4	1	1	NUM
cblr-2902	1157	5	+	+	NOUN
cblr-2902	1157	6	risk	risk	NOUN
cblr-2902	1157	7	-	-	PUNCT
cblr-2902	1157	8	free	free	ADJ
cblr-2902	1157	9	rate)/(1	rate)/(1	NOUN
cblr-2902	1157	10	+	+	CCONJ
cblr-2902	1157	11	cds	cd	NOUN
cblr-2902	1157	12	spread	spread	VERB
cblr-2902	1157	13	+	+	CCONJ
cblr-2902	1157	14	risk	risk	NOUN
cblr-2902	1157	15	-	-	PUNCT
cblr-2902	1157	16	free	free	ADJ
cblr-2902	1157	17	rate	rate	NOUN
cblr-2902	1157	18	)	)	PUNCT
cblr-2902	1157	19	]	]	PUNCT
cblr-2902	1157	20	/	/	PUNCT
cblr-2902	1157	21	(	(	PUNCT
cblr-2902	1157	22	expected	expect	VERB
cblr-2902	1157	23	loss	loss	NOUN
cblr-2902	1157	24	rate	rate	NOUN
cblr-2902	1157	25	given	give	VERB
cblr-2902	1157	26	default	default	NOUN
cblr-2902	1157	27	)	)	PUNCT
cblr-2902	1157	28	an	an	DET
cblr-2902	1157	29	algebraic	algebraic	ADJ
cblr-2902	1157	30	derivation	derivation	NOUN
cblr-2902	1157	31	of	of	ADP
cblr-2902	1157	32	equation	equation	NOUN
cblr-2902	1157	33	3	3	NUM
cblr-2902	1157	34	,	,	PUNCT
cblr-2902	1157	35	alternate	alternate	ADJ
cblr-2902	1157	36	versions	version	NOUN
cblr-2902	1157	37	of	of	ADP
cblr-2902	1157	38	this	this	DET
cblr-2902	1157	39	equation	equation	NOUN
cblr-2902	1157	40	,	,	PUNCT
cblr-2902	1157	41	and	and	CCONJ
cblr-2902	1157	42	an	an	DET
cblr-2902	1157	43	illustrative	illustrative	ADJ
cblr-2902	1157	44	example	example	NOUN
cblr-2902	1157	45	of	of	ADP
cblr-2902	1157	46	its	its	PRON
cblr-2902	1157	47	superior	superior	ADJ
cblr-2902	1157	48	precision	precision	NOUN
cblr-2902	1157	49	compared	compare	VERB
cblr-2902	1157	50	to	to	ADP
cblr-2902	1157	51	equation	equation	NOUN
cblr-2902	1157	52	2	2	NUM
cblr-2902	1157	53	are	be	AUX
cblr-2902	1157	54	presented	present	VERB
cblr-2902	1157	55	in	in	ADP
cblr-2902	1157	56	part	part	NOUN
cblr-2902	1157	57	ix	ix	ADV
cblr-2902	1157	58	,	,	PUNCT
cblr-2902	1157	59	appendix	appendix	NOUN
cblr-2902	1157	60	iii	iii	NUM
cblr-2902	1157	61	:	:	PUNCT
cblr-2902	1157	62	derivation	derivation	NOUN
cblr-2902	1157	63	and	and	CCONJ
cblr-2902	1157	64	illustration	illustration	NOUN
cblr-2902	1157	65	of	of	ADP
cblr-2902	1157	66	equation	equation	NOUN
cblr-2902	1157	67	3	3	NUM
cblr-2902	1157	68	.	.	PUNCT
cblr-2902	1158	1	equation	equation	NOUN
cblr-2902	1158	2	2	2	NUM
cblr-2902	1158	3	,	,	PUNCT
cblr-2902	1158	4	equation	equation	NOUN
cblr-2902	1158	5	3	3	NUM
cblr-2902	1158	6	,	,	PUNCT
cblr-2902	1158	7	and	and	CCONJ
cblr-2902	1158	8	equation	equation	NOUN
cblr-2902	1158	9	4	4	NUM
cblr-2902	1158	10	all	all	PRON
cblr-2902	1158	11	include	include	VERB
cblr-2902	1158	12	the	the	DET
cblr-2902	1158	13	expected	expect	VERB
cblr-2902	1158	14	loss	loss	NOUN
cblr-2902	1158	15	rate	rate	NOUN
cblr-2902	1158	16	given	give	VERB
cblr-2902	1158	17	default	default	NOUN
cblr-2902	1158	18	as	as	ADP
cblr-2902	1158	19	a	a	DET
cblr-2902	1158	20	variable	variable	NOUN
cblr-2902	1158	21	.	.	PUNCT
cblr-2902	1159	1	the	the	DET
cblr-2902	1159	2	expected	expect	VERB
cblr-2902	1159	3	loss	loss	NOUN
cblr-2902	1159	4	rate	rate	NOUN
cblr-2902	1159	5	given	give	VERB
cblr-2902	1159	6	default	default	NOUN
cblr-2902	1159	7	presents	present	VERB
cblr-2902	1159	8	a	a	DET
cblr-2902	1159	9	challenge	challenge	NOUN
cblr-2902	1159	10	because	because	SCONJ
cblr-2902	1159	11	unlike	unlike	ADP
cblr-2902	1159	12	the	the	DET
cblr-2902	1159	13	corporate	corporate	ADJ
cblr-2902	1159	14	bond	bond	NOUN
cblr-2902	1159	15	yield	yield	NOUN
cblr-2902	1159	16	,	,	PUNCT
cblr-2902	1159	17	cds	cd	NOUN
cblr-2902	1159	18	spread	spread	VERB
cblr-2902	1159	19	,	,	PUNCT
cblr-2902	1159	20	and	and	CCONJ
cblr-2902	1159	21	the	the	DET
cblr-2902	1159	22	risk	risk	NOUN
cblr-2902	1159	23	-	-	PUNCT
cblr-2902	1159	24	free	free	ADJ
cblr-2902	1159	25	rate	rate	NOUN
cblr-2902	1159	26	,	,	PUNCT
cblr-2902	1159	27	the	the	DET
cblr-2902	1159	28	expected	expect	VERB
cblr-2902	1159	29	loss	loss	NOUN
cblr-2902	1159	30	rate	rate	NOUN
cblr-2902	1159	31	given	give	VERB
cblr-2902	1159	32	default	default	NOUN
cblr-2902	1159	33	can	can	AUX
cblr-2902	1159	34	not	not	PART
cblr-2902	1159	35	be	be	AUX
cblr-2902	1159	36	directly	directly	ADV
cblr-2902	1159	37	observed	observe	VERB
cblr-2902	1159	38	in	in	ADP
cblr-2902	1159	39	the	the	DET
cblr-2902	1159	40	market	market	NOUN
cblr-2902	1159	41	.	.	PUNCT
cblr-2902	1160	1	by	by	ADP
cblr-2902	1160	2	convention	convention	NOUN
cblr-2902	1160	3	,	,	PUNCT
cblr-2902	1160	4	financial	financial	ADJ
cblr-2902	1160	5	professionals	professional	NOUN
cblr-2902	1160	6	will	will	AUX
cblr-2902	1160	7	sometimes	sometimes	ADV
cblr-2902	1160	8	assume	assume	VERB
cblr-2902	1160	9	a	a	DET
cblr-2902	1160	10	sixty	sixty	NUM
cblr-2902	1160	11	percent	percent	NOUN
cblr-2902	1160	12	expected	expect	VERB
cblr-2902	1160	13	loss	loss	NOUN
cblr-2902	1160	14	rate	rate	NOUN
cblr-2902	1160	15	given	give	VERB
cblr-2902	1160	16	default	default	NOUN
cblr-2902	1160	17	(	(	PUNCT
cblr-2902	1160	18	a	a	DET
cblr-2902	1160	19	forty	forty	NUM
cblr-2902	1160	20	percent	percent	NOUN
cblr-2902	1160	21	expected	expect	VERB
cblr-2902	1160	22	recovery	recovery	NOUN
cblr-2902	1160	23	rate	rate	NOUN
cblr-2902	1160	24	)	)	PUNCT
cblr-2902	1160	25	when	when	SCONJ
cblr-2902	1160	26	calculating	calculate	VERB
cblr-2902	1160	27	the	the	DET
cblr-2902	1160	28	implied	imply	VERB
cblr-2902	1160	29	probability	probability	NOUN
cblr-2902	1160	30	of	of	ADP
cblr-2902	1160	31	default	default	NOUN
cblr-2902	1160	32	for	for	ADP
cblr-2902	1160	33	senior	senior	ADJ
cblr-2902	1160	34	unsecured	unsecured	ADJ
cblr-2902	1160	35	bonds	bond	NOUN
cblr-2902	1160	36	.	.	PUNCT
cblr-2902	1161	1	however	however	ADV
cblr-2902	1161	2	,	,	PUNCT
cblr-2902	1161	3	it	it	PRON
cblr-2902	1161	4	is	be	AUX
cblr-2902	1161	5	possible	possible	ADJ
cblr-2902	1161	6	to	to	PART
cblr-2902	1161	7	make	make	VERB
cblr-2902	1161	8	a	a	DET
cblr-2902	1161	9	more	more	ADV
cblr-2902	1161	10	well	well	ADV
cblr-2902	1161	11	-	-	PUNCT
cblr-2902	1161	12	informed	inform	VERB
cblr-2902	1161	13	assumption	assumption	NOUN
cblr-2902	1161	14	by	by	ADP
cblr-2902	1161	15	using	use	VERB
cblr-2902	1161	16	historical	historical	ADJ
cblr-2902	1161	17	recovery	recovery	NOUN
cblr-2902	1161	18	rates.226	rates.226	NOUN
cblr-2902	1161	19	furthermore	furthermore	ADV
cblr-2902	1161	20	,	,	PUNCT
cblr-2902	1161	21	recent	recent	ADJ
cblr-2902	1161	22	finance	finance	NOUN
cblr-2902	1161	23	research	research	NOUN
cblr-2902	1161	24	226	226	NUM
cblr-2902	1161	25	moody	moody	NOUN
cblr-2902	1161	26	's	's	PART
cblr-2902	1161	27	investors	investor	NOUN
cblr-2902	1161	28	service	service	NOUN
cblr-2902	1161	29	publishes	publish	VERB
cblr-2902	1161	30	historical	historical	ADJ
cblr-2902	1161	31	recovery	recovery	NOUN
cblr-2902	1161	32	rates	rate	NOUN
cblr-2902	1161	33	of	of	ADP
cblr-2902	1161	34	corporate	corporate	ADJ
cblr-2902	1161	35	bonds	bond	NOUN
cblr-2902	1161	36	and	and	CCONJ
cblr-2902	1161	37	loans	loan	NOUN
cblr-2902	1161	38	from	from	ADP
cblr-2902	1161	39	1920	1920	NUM
cblr-2902	1161	40	to	to	ADP
cblr-2902	1161	41	the	the	DET
cblr-2902	1161	42	present	present	NOUN
cblr-2902	1161	43	,	,	PUNCT
cblr-2902	1161	44	broken	break	VERB
cblr-2902	1161	45	down	down	ADP
cblr-2902	1161	46	by	by	ADP
cblr-2902	1161	47	year	year	NOUN
cblr-2902	1161	48	,	,	PUNCT
cblr-2902	1161	49	level	level	NOUN
cblr-2902	1161	50	of	of	ADP
cblr-2902	1161	51	seniority	seniority	NOUN
cblr-2902	1161	52	,	,	PUNCT
cblr-2902	1161	53	and	and	CCONJ
cblr-2902	1161	54	letter	letter	NOUN
cblr-2902	1161	55	rating	rating	NOUN
cblr-2902	1161	56	,	,	PUNCT
cblr-2902	1161	57	as	as	ADV
cblr-2902	1161	58	well	well	ADV
cblr-2902	1161	59	as	as	ADP
cblr-2902	1161	60	recovery	recovery	NOUN
cblr-2902	1161	61	outlooks	outlook	NOUN
cblr-2902	1161	62	for	for	ADP
cblr-2902	1161	63	the	the	DET
cblr-2902	1161	64	coming	come	VERB
cblr-2902	1161	65	year	year	NOUN
cblr-2902	1161	66	.	.	PUNCT
cblr-2902	1162	1	see	see	VERB
cblr-2902	1162	2	,	,	PUNCT
cblr-2902	1162	3	e.g.	e.g.	ADV
cblr-2902	1162	4	,	,	PUNCT
cblr-2902	1162	5	kenneth	kenneth	PROPN
cblr-2902	1162	6	emery	emery	PROPN
cblr-2902	1162	7	et	et	PROPN
cblr-2902	1162	8	al	al	PROPN
cblr-2902	1162	9	.	.	PROPN
cblr-2902	1162	10	,	,	PUNCT
cblr-2902	1162	11	moody	moody	PROPN
cblr-2902	1162	12	's	's	PART
cblr-2902	1162	13	investors	investor	NOUN
cblr-2902	1162	14	service	service	NOUN
cblr-2902	1162	15	,	,	PUNCT
cblr-2902	1162	16	corporate	corporate	ADJ
cblr-2902	1162	17	default	default	NOUN
cblr-2902	1162	18	and	and	CCONJ
cblr-2902	1162	19	recovery	recovery	NOUN
cblr-2902	1162	20	rates	rate	NOUN
cblr-2902	1162	21	,	,	PUNCT
cblr-2902	1162	22	1920	1920	NUM
cblr-2902	1162	23	-	-	SYM
cblr-2902	1162	24	2008	2008	NUM
cblr-2902	1162	25	(	(	PUNCT
cblr-2902	1162	26	feb	feb	PROPN
cblr-2902	1162	27	.	.	PROPN
cblr-2902	1162	28	2009	2009	NUM
cblr-2902	1162	29	)	)	PUNCT
cblr-2902	1162	30	,	,	PUNCT
cblr-2902	1162	31	available	available	ADJ
cblr-2902	1162	32	at	at	ADP
cblr-2902	1162	33	http://www.moodys.com/cust/content/content.ashx	http://www.moodys.com/cust/content/content.ashx	NOUN
cblr-2902	1162	34	?	?	PUNCT
cblr-2902	1163	1	no	no	INTJ
cblr-2902	1163	2	.	.	PUNCT
cblr-2902	1164	1	i	i	PRON
cblr-2902	1164	2	:	:	PUNCT
cblr-2902	1164	3	118	118	NUM
cblr-2902	1164	4	]	]	SYM
cblr-2902	1164	5	193	193	NUM
cblr-2902	1164	6	columbia	columbia	PROPN
cblr-2902	1164	7	business	business	NOUN
cblr-2902	1164	8	law	law	PROPN
cblr-2902	1164	9	review	review	NOUN
cblr-2902	1164	10	suggests	suggest	VERB
cblr-2902	1164	11	that	that	SCONJ
cblr-2902	1164	12	it	it	PRON
cblr-2902	1164	13	may	may	AUX
cblr-2902	1164	14	be	be	AUX
cblr-2902	1164	15	possible	possible	ADJ
cblr-2902	1164	16	to	to	PART
cblr-2902	1164	17	calculate	calculate	VERB
cblr-2902	1164	18	recovery	recovery	NOUN
cblr-2902	1164	19	rates	rate	NOUN
cblr-2902	1164	20	based	base	VERB
cblr-2902	1164	21	on	on	ADP
cblr-2902	1164	22	prices	price	NOUN
cblr-2902	1164	23	and	and	CCONJ
cblr-2902	1164	24	rates	rate	NOUN
cblr-2902	1164	25	that	that	PRON
cblr-2902	1164	26	are	be	AUX
cblr-2902	1164	27	observable	observable	ADJ
cblr-2902	1164	28	in	in	ADP
cblr-2902	1164	29	the	the	DET
cblr-2902	1164	30	cds	cd	NOUN
cblr-2902	1164	31	and	and	CCONJ
cblr-2902	1164	32	equities	equity	NOUN
cblr-2902	1164	33	markets.22	markets.22	VERB
cblr-2902	1164	34	7	7	NUM
cblr-2902	1164	35	c.	c.	PROPN
cblr-2902	1164	36	credit	credit	NOUN
cblr-2902	1164	37	spreads	spread	NOUN
cblr-2902	1164	38	based	base	VERB
cblr-2902	1164	39	on	on	ADP
cblr-2902	1164	40	treasuries	treasury	NOUN
cblr-2902	1164	41	may	may	AUX
cblr-2902	1164	42	overestimate	overestimate	VERB
cblr-2902	1164	43	default	default	NOUN
cblr-2902	1164	44	risk	risk	NOUN
cblr-2902	1164	45	a	a	DET
cblr-2902	1164	46	recent	recent	ADJ
cblr-2902	1164	47	empirical	empirical	ADJ
cblr-2902	1164	48	study	study	NOUN
cblr-2902	1164	49	suggests	suggest	VERB
cblr-2902	1164	50	that	that	SCONJ
cblr-2902	1164	51	,	,	PUNCT
cblr-2902	1164	52	although	although	SCONJ
cblr-2902	1164	53	the	the	DET
cblr-2902	1164	54	majority	majority	NOUN
cblr-2902	1164	55	of	of	ADP
cblr-2902	1164	56	the	the	DET
cblr-2902	1164	57	credit	credit	NOUN
cblr-2902	1164	58	spread	spread	NOUN
cblr-2902	1164	59	is	be	AUX
cblr-2902	1164	60	due	due	ADJ
cblr-2902	1164	61	to	to	PART
cblr-2902	1164	62	default	default	NOUN
cblr-2902	1164	63	risk	risk	NOUN
cblr-2902	1164	64	,	,	PUNCT
cblr-2902	1164	65	other	other	ADJ
cblr-2902	1164	66	factors	factor	NOUN
cblr-2902	1164	67	still	still	ADV
cblr-2902	1164	68	play	play	VERB
cblr-2902	1164	69	a	a	DET
cblr-2902	1164	70	role.2	role.2	NOUN
cblr-2902	1164	71	"	"	PUNCT
cblr-2902	1164	72	the	the	DET
cblr-2902	1164	73	credit	credit	NOUN
cblr-2902	1164	74	spread	spread	NOUN
cblr-2902	1164	75	is	be	AUX
cblr-2902	1164	76	therefore	therefore	ADV
cblr-2902	1164	77	a	a	DET
cblr-2902	1164	78	good	good	ADJ
cblr-2902	1164	79	first	first	ADJ
cblr-2902	1164	80	approximation	approximation	NOUN
cblr-2902	1164	81	of	of	ADP
cblr-2902	1164	82	default	default	NOUN
cblr-2902	1164	83	risk	risk	NOUN
cblr-2902	1164	84	,	,	PUNCT
cblr-2902	1164	85	but	but	CCONJ
cblr-2902	1164	86	the	the	DET
cblr-2902	1164	87	analysis	analysis	NOUN
cblr-2902	1164	88	can	can	AUX
cblr-2902	1164	89	be	be	AUX
cblr-2902	1164	90	improved	improve	VERB
cblr-2902	1164	91	by	by	ADP
cblr-2902	1164	92	taking	take	VERB
cblr-2902	1164	93	other	other	ADJ
cblr-2902	1164	94	factors	factor	NOUN
cblr-2902	1164	95	into	into	ADP
cblr-2902	1164	96	account	account	NOUN
cblr-2902	1164	97	.	.	PUNCT
cblr-2902	1165	1	finance	finance	NOUN
cblr-2902	1165	2	professionals	professional	NOUN
cblr-2902	1165	3	routinely	routinely	ADV
cblr-2902	1165	4	use	use	VERB
cblr-2902	1165	5	credit	credit	NOUN
cblr-2902	1165	6	spreads	spread	NOUN
cblr-2902	1165	7	as	as	ADP
cblr-2902	1165	8	a	a	DET
cblr-2902	1165	9	measure	measure	NOUN
cblr-2902	1165	10	of	of	ADP
cblr-2902	1165	11	the	the	DET
cblr-2902	1165	12	market	market	NOUN
cblr-2902	1165	13	perception	perception	NOUN
cblr-2902	1165	14	of	of	ADP
cblr-2902	1165	15	the	the	DET
cblr-2902	1165	16	creditworthiness	creditworthiness	NOUN
cblr-2902	1165	17	of	of	ADP
cblr-2902	1165	18	the	the	DET
cblr-2902	1165	19	debtor	debtor	NOUN
cblr-2902	1165	20	,	,	PUNCT
cblr-2902	1165	21	229	229	NUM
cblr-2902	1165	22	but	but	CCONJ
cblr-2902	1165	23	a	a	DET
cblr-2902	1165	24	number	number	NOUN
cblr-2902	1165	25	of	of	ADP
cblr-2902	1165	26	academic	academic	ADJ
cblr-2902	1165	27	studies	study	NOUN
cblr-2902	1165	28	have	have	AUX
cblr-2902	1165	29	suggested	suggest	VERB
cblr-2902	1165	30	that	that	SCONJ
cblr-2902	1165	31	treasury	treasury	NOUN
cblr-2902	1165	32	-	-	PUNCT
cblr-2902	1165	33	to	to	ADP
cblr-2902	1165	34	-	-	PUNCT
cblr-2902	1165	35	corporate	corporate	ADJ
cblr-2902	1165	36	bond	bond	NOUN
cblr-2902	1165	37	spreads	spread	NOUN
cblr-2902	1165	38	tend	tend	VERB
cblr-2902	1165	39	to	to	PART
cblr-2902	1165	40	be	be	AUX
cblr-2902	1165	41	wider	wide	ADJ
cblr-2902	1165	42	than	than	SCONJ
cblr-2902	1165	43	can	can	AUX
cblr-2902	1165	44	be	be	AUX
cblr-2902	1165	45	justified	justify	VERB
cblr-2902	1165	46	by	by	ADP
cblr-2902	1165	47	the	the	DET
cblr-2902	1165	48	real	real	ADJ
cblr-2902	1165	49	-	-	PUNCT
cblr-2902	1165	50	world	world	NOUN
cblr-2902	1165	51	historical	historical	ADJ
cblr-2902	1165	52	probability	probability	NOUN
cblr-2902	1165	53	of	of	ADP
cblr-2902	1165	54	default	default	NOUN
cblr-2902	1165	55	alone.23	alone.23	NOUN
cblr-2902	1165	56	o	o	NOUN
cblr-2902	1165	57	in	in	ADP
cblr-2902	1165	58	fact	fact	NOUN
cblr-2902	1165	59	,	,	PUNCT
cblr-2902	1165	60	a	a	DET
cblr-2902	1165	61	few	few	ADJ
cblr-2902	1165	62	studies	study	NOUN
cblr-2902	1165	63	have	have	VERB
cblr-2902	1165	64	source	source	NOUN
cblr-2902	1165	65	=	=	NOUN
cblr-2902	1165	66	staticcontentffree%20pages	staticcontentffree%20page	NOUN
cblr-2902	1165	67	/	/	SYM
cblr-2902	1165	68	credit%2opolicy%20research	credit%2opolicy%20research	NOUN
cblr-2902	1165	69	/	/	SYM
cblr-2902	1165	70	docum	docum	NOUN
cblr-2902	1165	71	ents	ent	NOUN
cblr-2902	1165	72	/	/	SYM
cblr-2902	1165	73	current/2007400000578875.pdf	current/2007400000578875.pdf	PROPN
cblr-2902	1165	74	.	.	PUNCT
cblr-2902	1166	1	227	227	NUM
cblr-2902	1166	2	see	see	VERB
cblr-2902	1166	3	sanjiv	sanjiv	PROPN
cblr-2902	1166	4	r.	r.	PROPN
cblr-2902	1166	5	das	das	PROPN
cblr-2902	1166	6	&	&	CCONJ
cblr-2902	1166	7	paul	paul	PROPN
cblr-2902	1166	8	hanouna	hanouna	PROPN
cblr-2902	1166	9	,	,	PUNCT
cblr-2902	1166	10	implied	imply	VERB
cblr-2902	1166	11	recovery	recovery	NOUN
cblr-2902	1166	12	,	,	PUNCT
cblr-2902	1166	13	33	33	NUM
cblr-2902	1166	14	j.	j.	PROPN
cblr-2902	1166	15	econ	econ	PROPN
cblr-2902	1166	16	.	.	PUNCT
cblr-2902	1167	1	dynamics	dynamic	NOUN
cblr-2902	1167	2	&	&	CCONJ
cblr-2902	1167	3	control	control	PROPN
cblr-2902	1167	4	1837	1837	NUM
cblr-2902	1167	5	(	(	PUNCT
cblr-2902	1167	6	2009	2009	NUM
cblr-2902	1167	7	)	)	PUNCT
cblr-2902	1167	8	.	.	PUNCT
cblr-2902	1168	1	228	228	NUM
cblr-2902	1168	2	longstaff	longstaff	NOUN
cblr-2902	1168	3	et	et	PROPN
cblr-2902	1168	4	al	al	PROPN
cblr-2902	1168	5	.	.	PROPN
cblr-2902	1168	6	,	,	PUNCT
cblr-2902	1168	7	supra	supra	PROPN
cblr-2902	1168	8	note	note	NOUN
cblr-2902	1168	9	181	181	NUM
cblr-2902	1168	10	,	,	PUNCT
cblr-2902	1168	11	at	at	ADP
cblr-2902	1168	12	2215	2215	NUM
cblr-2902	1168	13	(	(	PUNCT
cblr-2902	1168	14	reporting	report	VERB
cblr-2902	1168	15	that	that	SCONJ
cblr-2902	1168	16	the	the	DET
cblr-2902	1168	17	nondefault	nondefault	NOUN
cblr-2902	1168	18	component	component	NOUN
cblr-2902	1168	19	ranges	range	VERB
cblr-2902	1168	20	from	from	ADP
cblr-2902	1168	21	0.2	0.2	NUM
cblr-2902	1168	22	%	%	NOUN
cblr-2902	1168	23	to	to	PART
cblr-2902	1168	24	1	1	NUM
cblr-2902	1168	25	%	%	NOUN
cblr-2902	1168	26	,	,	PUNCT
cblr-2902	1168	27	and	and	CCONJ
cblr-2902	1168	28	is	be	AUX
cblr-2902	1168	29	present	present	ADJ
cblr-2902	1168	30	in	in	ADP
cblr-2902	1168	31	at	at	ADV
cblr-2902	1168	32	least	least	ADJ
cblr-2902	1168	33	three	three	NUM
cblr-2902	1168	34	-	-	PUNCT
cblr-2902	1168	35	quarters	quarter	NOUN
cblr-2902	1168	36	of	of	ADP
cblr-2902	1168	37	firms	firm	NOUN
cblr-2902	1168	38	sampled	sample	VERB
cblr-2902	1168	39	)	)	PUNCT
cblr-2902	1168	40	.	.	PUNCT
cblr-2902	1169	1	229	229	NUM
cblr-2902	1169	2	see	see	VERB
cblr-2902	1169	3	robert	robert	PROPN
cblr-2902	1169	4	l.	l.	PROPN
cblr-2902	1169	5	geske	geske	PROPN
cblr-2902	1169	6	&	&	CCONJ
cblr-2902	1169	7	gordon	gordon	PROPN
cblr-2902	1169	8	delianedis	delianedis	PROPN
cblr-2902	1169	9	,	,	PUNCT
cblr-2902	1169	10	the	the	DET
cblr-2902	1169	11	components	component	NOUN
cblr-2902	1169	12	of	of	ADP
cblr-2902	1169	13	corporate	corporate	ADJ
cblr-2902	1169	14	credit	credit	NOUN
cblr-2902	1169	15	spreads	spread	NOUN
cblr-2902	1169	16	:	:	PUNCT
cblr-2902	1169	17	default	default	NOUN
cblr-2902	1169	18	,	,	PUNCT
cblr-2902	1169	19	recovery	recovery	NOUN
cblr-2902	1169	20	,	,	PUNCT
cblr-2902	1169	21	tax	tax	NOUN
cblr-2902	1169	22	,	,	PUNCT
cblr-2902	1169	23	jumps	jump	NOUN
cblr-2902	1169	24	,	,	PUNCT
cblr-2902	1169	25	liquidity	liquidity	NOUN
cblr-2902	1169	26	,	,	PUNCT
cblr-2902	1169	27	and	and	CCONJ
cblr-2902	1169	28	market	market	NOUN
cblr-2902	1169	29	factors	factor	NOUN
cblr-2902	1169	30	2	2	NUM
cblr-2902	1169	31	(	(	PUNCT
cblr-2902	1169	32	the	the	DET
cblr-2902	1169	33	anderson	anderson	PROPN
cblr-2902	1169	34	sch	sch	PROPN
cblr-2902	1169	35	.	.	PROPN
cblr-2902	1170	1	at	at	ADP
cblr-2902	1170	2	ucla	ucla	NOUN
cblr-2902	1170	3	,	,	PUNCT
cblr-2902	1170	4	working	working	NOUN
cblr-2902	1170	5	paper	paper	NOUN
cblr-2902	1170	6	no	no	INTJ
cblr-2902	1170	7	.	.	PROPN
cblr-2902	1170	8	22	22	NUM
cblr-2902	1170	9	-	-	SYM
cblr-2902	1170	10	01	01	NUM
cblr-2902	1170	11	,	,	PUNCT
cblr-2902	1170	12	2001	2001	NUM
cblr-2902	1170	13	)	)	PUNCT
cblr-2902	1170	14	,	,	PUNCT
cblr-2902	1170	15	available	available	ADJ
cblr-2902	1170	16	at	at	ADP
cblr-2902	1170	17	http://ssrn.com/abstract=306479	http://ssrn.com/abstract=306479	PROPN
cblr-2902	1170	18	(	(	PUNCT
cblr-2902	1170	19	"	"	PUNCT
cblr-2902	1170	20	in	in	ADP
cblr-2902	1170	21	the	the	DET
cblr-2902	1170	22	united	united	PROPN
cblr-2902	1170	23	states	states	PROPN
cblr-2902	1170	24	market	market	NOUN
cblr-2902	1170	25	for	for	ADP
cblr-2902	1170	26	corporate	corporate	ADJ
cblr-2902	1170	27	bonds	bond	NOUN
cblr-2902	1170	28	,	,	PUNCT
cblr-2902	1170	29	credit	credit	NOUN
cblr-2902	1170	30	spreads	spread	NOUN
cblr-2902	1170	31	are	be	AUX
cblr-2902	1170	32	generally	generally	ADV
cblr-2902	1170	33	measured	measure	VERB
cblr-2902	1170	34	and	and	CCONJ
cblr-2902	1170	35	quoted	quote	VERB
cblr-2902	1170	36	as	as	ADP
cblr-2902	1170	37	the	the	DET
cblr-2902	1170	38	yield	yield	NOUN
cblr-2902	1170	39	difference	difference	NOUN
cblr-2902	1170	40	between	between	ADP
cblr-2902	1170	41	a	a	DET
cblr-2902	1170	42	government	government	NOUN
cblr-2902	1170	43	bond	bond	NOUN
cblr-2902	1170	44	and	and	CCONJ
cblr-2902	1170	45	a	a	DET
cblr-2902	1170	46	corporate	corporate	ADJ
cblr-2902	1170	47	bond	bond	NOUN
cblr-2902	1170	48	properly	properly	ADV
cblr-2902	1170	49	adjusted	adjust	VERB
cblr-2902	1170	50	for	for	ADP
cblr-2902	1170	51	coupon	coupon	NOUN
cblr-2902	1170	52	and	and	CCONJ
cblr-2902	1170	53	maturity	maturity	NOUN
cblr-2902	1170	54	.	.	PUNCT
cblr-2902	1171	1	this	this	DET
cblr-2902	1171	2	yield	yield	NOUN
cblr-2902	1171	3	difference	difference	NOUN
cblr-2902	1171	4	is	be	AUX
cblr-2902	1171	5	often	often	ADV
cblr-2902	1171	6	attributed	attribute	VERB
cblr-2902	1171	7	solely	solely	ADV
cblr-2902	1171	8	to	to	PART
cblr-2902	1171	9	default	default	VERB
cblr-2902	1171	10	risk	risk	NOUN
cblr-2902	1171	11	.	.	PUNCT
cblr-2902	1172	1	"	"	PUNCT
cblr-2902	1172	2	)	)	PUNCT
cblr-2902	1172	3	.	.	PUNCT
cblr-2902	1173	1	23o	23o	NOUN
cblr-2902	1173	2	see	see	VERB
cblr-2902	1173	3	,	,	PUNCT
cblr-2902	1173	4	e.g.	e.g.	ADV
cblr-2902	1173	5	,	,	PUNCT
cblr-2902	1173	6	edwin	edwin	PROPN
cblr-2902	1173	7	j.	j.	PROPN
cblr-2902	1173	8	elton	elton	PROPN
cblr-2902	1173	9	,	,	PUNCT
cblr-2902	1173	10	martin	martin	PROPN
cblr-2902	1173	11	k.	k.	PROPN
cblr-2902	1173	12	gruber	gruber	PROPN
cblr-2902	1173	13	,	,	PUNCT
cblr-2902	1173	14	deepak	deepak	PROPN
cblr-2902	1173	15	agrawal	agrawal	PROPN
cblr-2902	1173	16	&	&	CCONJ
cblr-2902	1173	17	christopher	christopher	PROPN
cblr-2902	1173	18	mann	mann	PROPN
cblr-2902	1173	19	,	,	PUNCT
cblr-2902	1173	20	explaining	explain	VERB
cblr-2902	1173	21	the	the	DET
cblr-2902	1173	22	rate	rate	NOUN
cblr-2902	1173	23	spread	spread	VERB
cblr-2902	1173	24	on	on	ADP
cblr-2902	1173	25	corporate	corporate	ADJ
cblr-2902	1173	26	bonds	bond	NOUN
cblr-2902	1173	27	,	,	PUNCT
cblr-2902	1173	28	56	56	NUM
cblr-2902	1173	29	j.	j.	PROPN
cblr-2902	1173	30	fin	fin	PROPN
cblr-2902	1173	31	.	.	PUNCT
cblr-2902	1173	32	247	247	NUM
cblr-2902	1173	33	,	,	PUNCT
cblr-2902	1173	34	272	272	NUM
cblr-2902	1173	35	-	-	SYM
cblr-2902	1173	36	73	73	NUM
cblr-2902	1173	37	(	(	PUNCT
cblr-2902	1173	38	2001	2001	NUM
cblr-2902	1173	39	)	)	PUNCT
cblr-2902	1173	40	(	(	PUNCT
cblr-2902	1173	41	concluding	conclude	VERB
cblr-2902	1173	42	that	that	SCONJ
cblr-2902	1173	43	taxes	taxis	NOUN
cblr-2902	1173	44	and	and	CCONJ
cblr-2902	1173	45	a	a	DET
cblr-2902	1173	46	premium	premium	NOUN
cblr-2902	1173	47	for	for	ADP
cblr-2902	1173	48	bearing	bear	VERB
cblr-2902	1173	49	systemic	systemic	ADJ
cblr-2902	1173	50	risk	risk	NOUN
cblr-2902	1173	51	account	account	NOUN
cblr-2902	1173	52	for	for	ADP
cblr-2902	1173	53	a	a	DET
cblr-2902	1173	54	larger	large	ADJ
cblr-2902	1173	55	portion	portion	NOUN
cblr-2902	1173	56	of	of	ADP
cblr-2902	1173	57	the	the	DET
cblr-2902	1173	58	bond	bond	NOUN
cblr-2902	1173	59	spread	spread	VERB
cblr-2902	1173	60	over	over	ADP
cblr-2902	1173	61	treasuries	treasury	NOUN
cblr-2902	1173	62	than	than	ADP
cblr-2902	1173	63	the	the	DET
cblr-2902	1173	64	probability	probability	NOUN
cblr-2902	1173	65	of	of	ADP
cblr-2902	1173	66	default	default	NOUN
cblr-2902	1173	67	predicted	predict	VERB
cblr-2902	1173	68	by	by	ADP
cblr-2902	1173	69	bonds	bond	NOUN
cblr-2902	1173	70	ratings	rating	NOUN
cblr-2902	1173	71	)	)	PUNCT
cblr-2902	1173	72	;	;	PUNCT
cblr-2902	1173	73	fons	fon	NOUN
cblr-2902	1173	74	,	,	PUNCT
cblr-2902	1173	75	supra	supra	PROPN
cblr-2902	1173	76	note	note	NOUN
cblr-2902	1173	77	213	213	NUM
cblr-2902	1173	78	,	,	PUNCT
cblr-2902	1173	79	at	at	ADP
cblr-2902	1173	80	96	96	NUM
cblr-2902	1173	81	(	(	PUNCT
cblr-2902	1173	82	"	"	PUNCT
cblr-2902	1173	83	we	we	PRON
cblr-2902	1173	84	find	find	VERB
cblr-2902	1173	85	that	that	SCONJ
cblr-2902	1173	86	the	the	DET
cblr-2902	1173	87	default	default	NOUN
cblr-2902	1173	88	rates	rate	NOUN
cblr-2902	1173	89	implied	imply	VERB
cblr-2902	1173	90	in	in	ADP
cblr-2902	1173	91	corporate	corporate	ADJ
cblr-2902	1173	92	bond	bond	NOUN
cblr-2902	1173	93	returns	return	NOUN
cblr-2902	1173	94	exceed	exceed	VERB
cblr-2902	1173	95	those	those	PRON
cblr-2902	1173	96	experienced	experience	VERB
cblr-2902	1173	97	in	in	ADP
cblr-2902	1173	98	recent	recent	ADJ
cblr-2902	1173	99	years	year	NOUN
cblr-2902	1173	100	.	.	PUNCT
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cblr-2902	1173	102	.	.	PUNCT
cblr-2902	1174	1	.	.	PUNCT
cblr-2902	1175	1	we	we	PRON
cblr-2902	1175	2	conclude	conclude	VERB
cblr-2902	1175	3	either	either	CCONJ
cblr-2902	1175	4	that	that	SCONJ
cblr-2902	1175	5	there	there	PRON
cblr-2902	1175	6	is	be	VERB
cblr-2902	1175	7	systematic	systematic	ADJ
cblr-2902	1175	8	mispricing	mispricing	NOUN
cblr-2902	1175	9	of	of	ADP
cblr-2902	1175	10	low	low	ADV
cblr-2902	1175	11	-	-	PUNCT
cblr-2902	1175	12	rated	rate	VERB
cblr-2902	1175	13	corporate	corporate	ADJ
cblr-2902	1175	14	bonds	bond	NOUN
cblr-2902	1175	15	by	by	ADP
cblr-2902	1175	16	investors	investor	NOUN
cblr-2902	1175	17	or	or	CCONJ
cblr-2902	1175	18	that	that	SCONJ
cblr-2902	1175	19	the	the	DET
cblr-2902	1175	20	risk	risk	NOUN
cblr-2902	1175	21	neutral	neutral	ADJ
cblr-2902	1175	22	model	model	NOUN
cblr-2902	1175	23	derived	derive	VERB
cblr-2902	1175	24	herein	herein	NOUN
cblr-2902	1175	25	can	can	AUX
cblr-2902	1175	26	not	not	PART
cblr-2902	1175	27	194	194	NUM
cblr-2902	1176	1	[	[	X
cblr-2902	1176	2	vol	vol	NOUN
cblr-2902	1176	3	.	.	PUNCT
cblr-2902	1176	4	2011	2011	NUM
cblr-2902	1176	5	leveraged	leverage	VERB
cblr-2902	1176	6	buyout	buyout	NOUN
cblr-2902	1176	7	bankruptcies	bankruptcy	NOUN
cblr-2902	1176	8	even	even	ADV
cblr-2902	1176	9	suggested	suggest	VERB
cblr-2902	1176	10	that	that	SCONJ
cblr-2902	1176	11	default	default	NOUN
cblr-2902	1176	12	risk	risk	NOUN
cblr-2902	1176	13	may	may	AUX
cblr-2902	1176	14	account	account	VERB
cblr-2902	1176	15	for	for	ADP
cblr-2902	1176	16	only	only	ADV
cblr-2902	1176	17	a	a	DET
cblr-2902	1176	18	minority	minority	NOUN
cblr-2902	1176	19	of	of	ADP
cblr-2902	1176	20	the	the	DET
cblr-2902	1176	21	yield	yield	NOUN
cblr-2902	1176	22	spread.23	spread.23	VERB
cblr-2902	1176	23	1	1	NUM
cblr-2902	1176	24	however	however	ADV
cblr-2902	1176	25	,	,	PUNCT
cblr-2902	1176	26	this	this	DET
cblr-2902	1176	27	counterintuitive	counterintuitive	ADJ
cblr-2902	1176	28	finding	finding	NOUN
cblr-2902	1176	29	is	be	AUX
cblr-2902	1176	30	doubtful	doubtful	ADJ
cblr-2902	1176	31	for	for	ADP
cblr-2902	1176	32	two	two	NUM
cblr-2902	1176	33	methodological	methodological	ADJ
cblr-2902	1176	34	reasons	reason	NOUN
cblr-2902	1176	35	.	.	PUNCT
cblr-2902	1177	1	first	first	ADV
cblr-2902	1177	2	,	,	PUNCT
cblr-2902	1177	3	these	these	DET
cblr-2902	1177	4	studies	study	NOUN
cblr-2902	1177	5	generally	generally	ADV
cblr-2902	1177	6	rely	rely	VERB
cblr-2902	1177	7	on	on	ADP
cblr-2902	1177	8	complex	complex	ADJ
cblr-2902	1177	9	models	model	NOUN
cblr-2902	1177	10	that	that	PRON
cblr-2902	1177	11	are	be	AUX
cblr-2902	1177	12	highly	highly	ADV
cblr-2902	1177	13	sensitive	sensitive	ADJ
cblr-2902	1177	14	to	to	ADP
cblr-2902	1177	15	assumptions	assumption	NOUN
cblr-2902	1177	16	made	make	VERB
cblr-2902	1177	17	by	by	ADP
cblr-2902	1177	18	the	the	DET
cblr-2902	1177	19	authors	author	NOUN
cblr-2902	1177	20	,	,	PUNCT
cblr-2902	1177	21	and	and	CCONJ
cblr-2902	1177	22	varying	vary	VERB
cblr-2902	1177	23	those	those	DET
cblr-2902	1177	24	assumptions	assumption	NOUN
cblr-2902	1177	25	increases	increase	VERB
cblr-2902	1177	26	the	the	DET
cblr-2902	1177	27	proportion	proportion	NOUN
cblr-2902	1177	28	of	of	ADP
cblr-2902	1177	29	the	the	DET
cblr-2902	1177	30	yield	yield	NOUN
cblr-2902	1177	31	spread	spread	NOUN
cblr-2902	1177	32	that	that	PRON
cblr-2902	1177	33	is	be	AUX
cblr-2902	1177	34	due	due	ADJ
cblr-2902	1177	35	to	to	PART
cblr-2902	1177	36	default	default	VERB
cblr-2902	1177	37	risk.232	risk.232	ADV
cblr-2902	1177	38	second	second	ADJ
cblr-2902	1177	39	,	,	PUNCT
cblr-2902	1177	40	these	these	DET
cblr-2902	1177	41	studies	study	NOUN
cblr-2902	1177	42	generally	generally	ADV
cblr-2902	1177	43	rely	rely	VERB
cblr-2902	1177	44	on	on	ADP
cblr-2902	1177	45	data	datum	NOUN
cblr-2902	1177	46	from	from	ADP
cblr-2902	1177	47	a	a	DET
cblr-2902	1177	48	subset	subset	NOUN
cblr-2902	1177	49	of	of	ADP
cblr-2902	1177	50	bonds	bond	NOUN
cblr-2902	1177	51	over	over	ADP
cblr-2902	1177	52	a	a	DET
cblr-2902	1177	53	very	very	ADV
cblr-2902	1177	54	limited	limited	ADJ
cblr-2902	1177	55	number	number	NOUN
cblr-2902	1177	56	of	of	ADP
cblr-2902	1177	57	years	year	NOUN
cblr-2902	1177	58	,	,	PUNCT
cblr-2902	1177	59	and	and	CCONJ
cblr-2902	1177	60	it	it	PRON
cblr-2902	1177	61	is	be	AUX
cblr-2902	1177	62	therefore	therefore	ADV
cblr-2902	1177	63	likely	likely	ADJ
cblr-2902	1177	64	that	that	SCONJ
cblr-2902	1177	65	during	during	ADP
cblr-2902	1177	66	the	the	DET
cblr-2902	1177	67	years	year	NOUN
cblr-2902	1177	68	measured	measure	VERB
cblr-2902	1177	69	,	,	PUNCT
cblr-2902	1177	70	the	the	DET
cblr-2902	1177	71	particular	particular	ADJ
cblr-2902	1177	72	bonds	bond	NOUN
cblr-2902	1177	73	that	that	PRON
cblr-2902	1177	74	were	be	AUX
cblr-2902	1177	75	tracked	track	VERB
cblr-2902	1177	76	simply	simply	ADV
cblr-2902	1177	77	turned	turn	VERB
cblr-2902	1177	78	out	out	ADP
cblr-2902	1177	79	to	to	PART
cblr-2902	1177	80	perform	perform	VERB
cblr-2902	1177	81	better	well	ADJ
cblr-2902	1177	82	than	than	SCONJ
cblr-2902	1177	83	the	the	DET
cblr-2902	1177	84	market	market	NOUN
cblr-2902	1177	85	expected.233	expected.233	NOUN
cblr-2902	1177	86	defaults	default	NOUN
cblr-2902	1177	87	are	be	AUX
cblr-2902	1177	88	generally	generally	ADV
cblr-2902	1177	89	concentrated	concentrate	VERB
cblr-2902	1177	90	fully	fully	ADV
cblr-2902	1177	91	capture	capture	VERB
cblr-2902	1177	92	the	the	DET
cblr-2902	1177	93	market	market	NOUN
cblr-2902	1177	94	's	's	PART
cblr-2902	1177	95	assessment	assessment	NOUN
cblr-2902	1177	96	of	of	ADP
cblr-2902	1177	97	the	the	DET
cblr-2902	1177	98	probability	probability	NOUN
cblr-2902	1177	99	of	of	ADP
cblr-2902	1177	100	default	default	NOUN
cblr-2902	1177	101	on	on	ADP
cblr-2902	1177	102	these	these	DET
cblr-2902	1177	103	securities	security	NOUN
cblr-2902	1177	104	.	.	PUNCT
cblr-2902	1177	105	"	"	PUNCT
cblr-2902	1177	106	)	)	PUNCT
cblr-2902	1177	107	;	;	PUNCT
cblr-2902	1177	108	geske	geske	PROPN
cblr-2902	1177	109	&	&	CCONJ
cblr-2902	1177	110	delianedis	delianedis	PROPN
cblr-2902	1177	111	,	,	PUNCT
cblr-2902	1177	112	supra	supra	PROPN
cblr-2902	1177	113	note	note	NOUN
cblr-2902	1177	114	229	229	NUM
cblr-2902	1177	115	,	,	PUNCT
cblr-2902	1177	116	at	at	ADP
cblr-2902	1177	117	3	3	NUM
cblr-2902	1177	118	(	(	PUNCT
cblr-2902	1177	119	"	"	PUNCT
cblr-2902	1177	120	[	[	X
cblr-2902	1177	121	it	it	PRON
cblr-2902	1177	122	seems	seem	VERB
cblr-2902	1177	123	likely	likely	ADJ
cblr-2902	1177	124	that	that	SCONJ
cblr-2902	1177	125	the	the	DET
cblr-2902	1177	126	credit	credit	NOUN
cblr-2902	1177	127	spread	spread	VERB
cblr-2902	1177	128	between	between	ADP
cblr-2902	1177	129	corporate	corporate	ADJ
cblr-2902	1177	130	and	and	CCONJ
cblr-2902	1177	131	government	government	NOUN
cblr-2902	1177	132	bonds	bond	NOUN
cblr-2902	1177	133	may	may	AUX
cblr-2902	1177	134	be	be	AUX
cblr-2902	1177	135	only	only	ADV
cblr-2902	1177	136	partly	partly	ADV
cblr-2902	1177	137	attributed	attribute	VERB
cblr-2902	1177	138	to	to	ADP
cblr-2902	1177	139	default	default	NOUN
cblr-2902	1177	140	risk	risk	NOUN
cblr-2902	1177	141	.	.	PUNCT
cblr-2902	1178	1	"	"	PUNCT
cblr-2902	1178	2	)	)	PUNCT
cblr-2902	1178	3	;	;	PUNCT
cblr-2902	1178	4	i	i	PRON
cblr-2902	1178	5	d.	d.	PROPN
cblr-2902	1178	6	at	at	ADP
cblr-2902	1178	7	26	26	NUM
cblr-2902	1178	8	(	(	PUNCT
cblr-2902	1178	9	"	"	PUNCT
cblr-2902	1178	10	the	the	DET
cblr-2902	1178	11	major	major	ADJ
cblr-2902	1178	12	components	component	NOUN
cblr-2902	1179	1	[	[	X
cblr-2902	1179	2	of	of	ADP
cblr-2902	1179	3	credit	credit	NOUN
cblr-2902	1179	4	spreads	spread	NOUN
cblr-2902	1179	5	]	]	PUNCT
cblr-2902	1179	6	include	include	VERB
cblr-2902	1179	7	taxes	taxis	NOUN
cblr-2902	1179	8	,	,	PUNCT
cblr-2902	1179	9	jumps	jump	VERB
cblr-2902	1179	10	,	,	PUNCT
cblr-2902	1179	11	liquidity	liquidity	NOUN
cblr-2902	1179	12	,	,	PUNCT
cblr-2902	1179	13	market	market	NOUN
cblr-2902	1179	14	risk	risk	NOUN
cblr-2902	1179	15	factors	factor	NOUN
cblr-2902	1179	16	,	,	PUNCT
cblr-2902	1179	17	and	and	CCONJ
cblr-2902	1179	18	to	to	ADP
cblr-2902	1179	19	a	a	DET
cblr-2902	1179	20	small	small	ADJ
cblr-2902	1179	21	extent	extent	NOUN
cblr-2902	1179	22	interest	interest	NOUN
cblr-2902	1179	23	rate	rate	NOUN
cblr-2902	1179	24	factors	factor	NOUN
cblr-2902	1179	25	.	.	PUNCT
cblr-2902	1180	1	"	"	PUNCT
cblr-2902	1180	2	)	)	PUNCT
cblr-2902	1180	3	;	;	PUNCT
cblr-2902	1180	4	hull	hull	NOUN
cblr-2902	1180	5	et	et	PROPN
cblr-2902	1180	6	al	al	PROPN
cblr-2902	1180	7	.	.	PROPN
cblr-2902	1180	8	,	,	PUNCT
cblr-2902	1180	9	supra	supra	PROPN
cblr-2902	1180	10	note	note	PROPN
cblr-2902	1180	11	216	216	NUM
cblr-2902	1180	12	,	,	PUNCT
cblr-2902	1180	13	at	at	ADP
cblr-2902	1180	14	53	53	NUM
cblr-2902	1180	15	.	.	PUNCT
cblr-2902	1180	16	231	231	NUM
cblr-2902	1180	17	see	see	NOUN
cblr-2902	1180	18	,	,	PUNCT
cblr-2902	1180	19	e.g.	e.g.	ADV
cblr-2902	1180	20	,	,	PUNCT
cblr-2902	1180	21	geske	geske	PROPN
cblr-2902	1180	22	&	&	CCONJ
cblr-2902	1180	23	delianedis	delianedis	PROPN
cblr-2902	1180	24	,	,	PUNCT
cblr-2902	1180	25	supra	supra	PROPN
cblr-2902	1180	26	note	note	NOUN
cblr-2902	1180	27	229	229	NUM
cblr-2902	1180	28	,	,	PUNCT
cblr-2902	1180	29	at	at	ADP
cblr-2902	1180	30	26	26	NUM
cblr-2902	1180	31	-	-	SYM
cblr-2902	1180	32	27	27	NUM
cblr-2902	1180	33	;	;	PUNCT
cblr-2902	1180	34	jing	je	VERB
cblr-2902	1180	35	-	-	PUNCT
cblr-2902	1180	36	zhi	zhi	PROPN
cblr-2902	1180	37	huang	huang	PROPN
cblr-2902	1180	38	&	&	CCONJ
cblr-2902	1180	39	ming	ming	PROPN
cblr-2902	1180	40	huang	huang	PROPN
cblr-2902	1180	41	,	,	PUNCT
cblr-2902	1180	42	how	how	SCONJ
cblr-2902	1180	43	much	much	ADJ
cblr-2902	1180	44	of	of	ADP
cblr-2902	1180	45	the	the	DET
cblr-2902	1180	46	corporate	corporate	ADJ
cblr-2902	1180	47	-	-	PUNCT
cblr-2902	1180	48	treasury	treasury	NOUN
cblr-2902	1180	49	yield	yield	NOUN
cblr-2902	1180	50	spread	spread	NOUN
cblr-2902	1180	51	is	be	AUX
cblr-2902	1180	52	due	due	ADJ
cblr-2902	1180	53	to	to	ADP
cblr-2902	1180	54	credit	credit	NOUN
cblr-2902	1180	55	risk	risk	NOUN
cblr-2902	1180	56	?	?	PUNCT
cblr-2902	1181	1	a	a	DET
cblr-2902	1181	2	new	new	ADJ
cblr-2902	1181	3	calibration	calibration	NOUN
cblr-2902	1181	4	approach	approach	NOUN
cblr-2902	1181	5	,	,	PUNCT
cblr-2902	1181	6	3	3	NUM
cblr-2902	1181	7	(	(	PUNCT
cblr-2902	1181	8	14th	14th	ADJ
cblr-2902	1181	9	annual	annual	ADJ
cblr-2902	1181	10	conference	conference	NOUN
cblr-2902	1181	11	on	on	ADP
cblr-2902	1181	12	fin	fin	PROPN
cblr-2902	1181	13	.	.	PUNCT
cblr-2902	1182	1	econ	econ	PROPN
cblr-2902	1182	2	.	.	PROPN
cblr-2902	1182	3	&	&	CCONJ
cblr-2902	1182	4	accounting	accounting	PROPN
cblr-2902	1182	5	(	(	PUNCT
cblr-2902	1182	6	fea	fea	PROPN
cblr-2902	1182	7	)	)	PUNCT
cblr-2902	1182	8	;	;	PUNCT
cblr-2902	1182	9	tex	tex	PROPN
cblr-2902	1182	10	.	.	PROPN
cblr-2902	1182	11	fin	fin	PROPN
cblr-2902	1182	12	.	.	PUNCT
cblr-2902	1183	1	festival	festival	PROPN
cblr-2902	1183	2	,	,	PUNCT
cblr-2902	1183	3	working	work	VERB
cblr-2902	1183	4	paper	paper	NOUN
cblr-2902	1183	5	series	series	NOUN
cblr-2902	1183	6	,	,	PUNCT
cblr-2902	1183	7	2003	2003	NUM
cblr-2902	1183	8	)	)	PUNCT
cblr-2902	1183	9	,	,	PUNCT
cblr-2902	1183	10	available	available	ADJ
cblr-2902	1183	11	at	at	ADP
cblr-2902	1183	12	http://ssrn.com/abstract=307360	http://ssrn.com/abstract=307360	PROPN
cblr-2902	1183	13	(	(	PUNCT
cblr-2902	1183	14	arguing	argue	VERB
cblr-2902	1183	15	that	that	SCONJ
cblr-2902	1183	16	default	default	NOUN
cblr-2902	1183	17	risk	risk	NOUN
cblr-2902	1183	18	accounts	account	VERB
cblr-2902	1183	19	for	for	ADP
cblr-2902	1183	20	a	a	DET
cblr-2902	1183	21	small	small	ADJ
cblr-2902	1183	22	fraction	fraction	NOUN
cblr-2902	1183	23	of	of	ADP
cblr-2902	1183	24	the	the	DET
cblr-2902	1183	25	spread	spread	NOUN
cblr-2902	1183	26	for	for	ADP
cblr-2902	1183	27	investment	investment	NOUN
cblr-2902	1183	28	grade	grade	NOUN
cblr-2902	1183	29	bonds	bond	NOUN
cblr-2902	1183	30	,	,	PUNCT
cblr-2902	1183	31	but	but	CCONJ
cblr-2902	1183	32	for	for	ADP
cblr-2902	1183	33	a	a	DET
cblr-2902	1183	34	much	much	ADV
cblr-2902	1183	35	larger	large	ADJ
cblr-2902	1183	36	fraction	fraction	NOUN
cblr-2902	1183	37	of	of	ADP
cblr-2902	1183	38	the	the	DET
cblr-2902	1183	39	spread	spread	NOUN
cblr-2902	1183	40	for	for	ADP
cblr-2902	1183	41	junk	junk	NOUN
cblr-2902	1183	42	bonds	bond	NOUN
cblr-2902	1183	43	)	)	PUNCT
cblr-2902	1183	44	.	.	PUNCT
cblr-2902	1184	1	232	232	NUM
cblr-2902	1184	2	see	see	VERB
cblr-2902	1184	3	georges	georges	PROPN
cblr-2902	1184	4	dionne	dionne	PROPN
cblr-2902	1184	5	et	et	PROPN
cblr-2902	1184	6	al	al	PROPN
cblr-2902	1184	7	.	.	PROPN
cblr-2902	1184	8	,	,	PUNCT
cblr-2902	1184	9	default	default	NOUN
cblr-2902	1184	10	risk	risk	NOUN
cblr-2902	1184	11	,	,	PUNCT
cblr-2902	1184	12	default	default	NOUN
cblr-2902	1184	13	risk	risk	NOUN
cblr-2902	1184	14	premiums	premium	NOUN
cblr-2902	1184	15	,	,	PUNCT
cblr-2902	1184	16	and	and	CCONJ
cblr-2902	1184	17	corporate	corporate	ADJ
cblr-2902	1184	18	yield	yield	NOUN
cblr-2902	1184	19	spreads	spread	VERB
cblr-2902	1184	20	19	19	NUM
cblr-2902	1184	21	(	(	PUNCT
cblr-2902	1184	22	efa	efa	PROPN
cblr-2902	1184	23	2006	2006	NUM
cblr-2902	1184	24	zurich	zurich	PROPN
cblr-2902	1184	25	meetings	meeting	NOUN
cblr-2902	1184	26	,	,	PUNCT
cblr-2902	1184	27	working	work	VERB
cblr-2902	1184	28	paper	paper	NOUN
cblr-2902	1184	29	series	series	NOUN
cblr-2902	1184	30	,	,	PUNCT
cblr-2902	1184	31	2006	2006	NUM
cblr-2902	1184	32	)	)	PUNCT
cblr-2902	1184	33	,	,	PUNCT
cblr-2902	1184	34	available	available	ADJ
cblr-2902	1184	35	at	at	ADP
cblr-2902	1184	36	http://ssrn.com/abstract=887380	http://ssrn.com/abstract=887380	ADV
cblr-2902	1184	37	(	(	PUNCT
cblr-2902	1184	38	reporting	report	VERB
cblr-2902	1184	39	that	that	SCONJ
cblr-2902	1184	40	under	under	ADP
cblr-2902	1184	41	modified	modified	ADJ
cblr-2902	1184	42	model	model	NOUN
cblr-2902	1184	43	assumptions	assumption	NOUN
cblr-2902	1184	44	,	,	PUNCT
cblr-2902	1184	45	up	up	ADP
cblr-2902	1184	46	to	to	PART
cblr-2902	1184	47	sixty	sixty	NUM
cblr-2902	1184	48	-	-	PUNCT
cblr-2902	1184	49	four	four	NUM
cblr-2902	1184	50	percent	percent	NOUN
cblr-2902	1184	51	of	of	ADP
cblr-2902	1184	52	the	the	DET
cblr-2902	1184	53	ten	ten	NUM
cblr-2902	1184	54	-	-	PUNCT
cblr-2902	1184	55	year	year	NOUN
cblr-2902	1184	56	corporate	corporate	ADJ
cblr-2902	1184	57	yield	yield	NOUN
cblr-2902	1184	58	spread	spread	VERB
cblr-2902	1184	59	for	for	ADP
cblr-2902	1184	60	debt	debt	NOUN
cblr-2902	1184	61	rated	rate	VERB
cblr-2902	1184	62	baa	baa	PROPN
cblr-2902	1184	63	is	be	AUX
cblr-2902	1184	64	explained	explain	VERB
cblr-2902	1184	65	by	by	ADP
cblr-2902	1184	66	default	default	NOUN
cblr-2902	1184	67	risk	risk	NOUN
cblr-2902	1184	68	)	)	PUNCT
cblr-2902	1184	69	;	;	PUNCT
cblr-2902	1184	70	longstaff	longstaff	PROPN
cblr-2902	1184	71	et	et	PROPN
cblr-2902	1184	72	al	al	PROPN
cblr-2902	1184	73	.	.	PROPN
cblr-2902	1184	74	,	,	PUNCT
cblr-2902	1184	75	supra	supra	PROPN
cblr-2902	1184	76	note	note	NOUN
cblr-2902	1184	77	181	181	NUM
cblr-2902	1184	78	,	,	PUNCT
cblr-2902	1184	79	at	at	ADP
cblr-2902	1184	80	2214	2214	NUM
cblr-2902	1184	81	-	-	SYM
cblr-2902	1184	82	15	15	NUM
cblr-2902	1184	83	(	(	PUNCT
cblr-2902	1184	84	finding	find	VERB
cblr-2902	1184	85	that	that	SCONJ
cblr-2902	1184	86	if	if	SCONJ
cblr-2902	1184	87	cds	cd	NOUN
cblr-2902	1184	88	fees	fee	NOUN
cblr-2902	1184	89	reflect	reflect	VERB
cblr-2902	1184	90	the	the	DET
cblr-2902	1184	91	risk	risk	NOUN
cblr-2902	1184	92	of	of	ADP
cblr-2902	1184	93	default	default	NOUN
cblr-2902	1184	94	,	,	PUNCT
cblr-2902	1184	95	"	"	PUNCT
cblr-2902	1184	96	the	the	DET
cblr-2902	1184	97	default	default	NOUN
cblr-2902	1184	98	component	component	NOUN
cblr-2902	1184	99	[	[	X
cblr-2902	1184	100	of	of	ADP
cblr-2902	1184	101	corporate	corporate	ADJ
cblr-2902	1184	102	bond	bond	NOUN
cblr-2902	1184	103	spreads	spread	NOUN
cblr-2902	1184	104	]	]	PUNCT
cblr-2902	1184	105	represents	represent	VERB
cblr-2902	1184	106	.	.	PUNCT
cblr-2902	1184	107	.	.	PUNCT
cblr-2902	1184	108	.	.	PUNCT
cblr-2902	1185	1	71	71	NUM
cblr-2902	1185	2	%	%	NOUN
cblr-2902	1185	3	for	for	ADP
cblr-2902	1185	4	bbb	bbb	NOUN
cblr-2902	1185	5	-	-	PUNCT
cblr-2902	1185	6	rated	rate	VERB
cblr-2902	1185	7	bonds	bond	NOUN
cblr-2902	1185	8	,	,	PUNCT
cblr-2902	1185	9	and	and	CCONJ
cblr-2902	1185	10	...	...	PUNCT
cblr-2902	1185	11	83	83	NUM
cblr-2902	1185	12	%	%	NOUN
cblr-2902	1185	13	for	for	ADP
cblr-2902	1185	14	bb	bb	NOUN
cblr-2902	1185	15	-	-	PUNCT
cblr-2902	1185	16	rated	rate	VERB
cblr-2902	1185	17	bonds	bond	NOUN
cblr-2902	1185	18	.	.	PUNCT
cblr-2902	1185	19	"	"	PUNCT
cblr-2902	1185	20	)	)	PUNCT
cblr-2902	1185	21	.	.	PUNCT
cblr-2902	1186	1	longstaff	longstaff	PROPN
cblr-2902	1186	2	et	et	PROPN
cblr-2902	1186	3	al	al	PROPN
cblr-2902	1186	4	.	.	PROPN
cblr-2902	1186	5	also	also	ADV
cblr-2902	1186	6	note	note	VERB
cblr-2902	1186	7	that	that	SCONJ
cblr-2902	1186	8	"	"	PUNCT
cblr-2902	1186	9	under	under	ADP
cblr-2902	1186	10	some	some	DET
cblr-2902	1186	11	parameterizations	parameterization	NOUN
cblr-2902	1186	12	,	,	PUNCT
cblr-2902	1186	13	results	result	NOUN
cblr-2902	1186	14	paralleling	parallel	VERB
cblr-2902	1186	15	ours	ours	PRON
cblr-2902	1186	16	can	can	AUX
cblr-2902	1186	17	be	be	AUX
cblr-2902	1186	18	obtained	obtain	VERB
cblr-2902	1186	19	from	from	ADP
cblr-2902	1186	20	a	a	DET
cblr-2902	1186	21	structural	structural	ADJ
cblr-2902	1186	22	model	model	NOUN
cblr-2902	1186	23	"	"	PUNCT
cblr-2902	1186	24	and	and	CCONJ
cblr-2902	1186	25	that	that	SCONJ
cblr-2902	1186	26	"	"	PUNCT
cblr-2902	1186	27	some	some	DET
cblr-2902	1186	28	structural	structural	ADJ
cblr-2902	1186	29	models	model	NOUN
cblr-2902	1186	30	can	can	AUX
cblr-2902	1186	31	actually	actually	ADV
cblr-2902	1186	32	overestimate	overestimate	VERB
cblr-2902	1186	33	corporate	corporate	ADJ
cblr-2902	1186	34	spreads	spread	NOUN
cblr-2902	1186	35	"	"	PUNCT
cblr-2902	1186	36	and	and	CCONJ
cblr-2902	1186	37	therefore	therefore	ADV
cblr-2902	1186	38	underestimate	underestimate	VERB
cblr-2902	1186	39	the	the	DET
cblr-2902	1186	40	component	component	NOUN
cblr-2902	1186	41	that	that	PRON
cblr-2902	1186	42	is	be	AUX
cblr-2902	1186	43	due	due	ADJ
cblr-2902	1186	44	to	to	PART
cblr-2902	1186	45	default	default	NOUN
cblr-2902	1186	46	risk	risk	NOUN
cblr-2902	1186	47	.	.	PUNCT
cblr-2902	1187	1	i	i	PRON
cblr-2902	1187	2	d.	d.	PROPN
cblr-2902	1187	3	at	at	ADP
cblr-2902	1187	4	2215	2215	NUM
cblr-2902	1187	5	.	.	PUNCT
cblr-2902	1187	6	2	2	NUM
cblr-2902	1187	7	fons	fon	NOUN
cblr-2902	1187	8	considered	consider	VERB
cblr-2902	1187	9	defaults	default	NOUN
cblr-2902	1187	10	of	of	ADP
cblr-2902	1187	11	only	only	ADV
cblr-2902	1187	12	publicly	publicly	ADV
cblr-2902	1187	13	held	hold	VERB
cblr-2902	1187	14	debt	debt	NOUN
cblr-2902	1187	15	with	with	ADP
cblr-2902	1187	16	a	a	DET
cblr-2902	1187	17	speculative	speculative	ADJ
cblr-2902	1187	18	rating	rating	NOUN
cblr-2902	1187	19	or	or	CCONJ
cblr-2902	1187	20	no	no	DET
cblr-2902	1187	21	rating	rating	NOUN
cblr-2902	1187	22	from	from	ADP
cblr-2902	1187	23	january	january	PROPN
cblr-2902	1187	24	1980	1980	NUM
cblr-2902	1187	25	through	through	ADP
cblr-2902	1187	26	december	december	PROPN
cblr-2902	1187	27	1985	1985	NUM
cblr-2902	1187	28	.	.	PUNCT
cblr-2902	1188	1	fons	fon	NOUN
cblr-2902	1188	2	,	,	PUNCT
cblr-2902	1188	3	supra	supra	PROPN
cblr-2902	1188	4	note	note	NOUN
cblr-2902	1188	5	213	213	NUM
cblr-2902	1188	6	,	,	PUNCT
cblr-2902	1188	7	at	at	ADP
cblr-2902	1188	8	83	83	NUM
cblr-2902	1188	9	.	.	PUNCT
cblr-2902	1189	1	the	the	DET
cblr-2902	1189	2	early	early	ADJ
cblr-2902	1189	3	1980s	1980s	NUM
cblr-2902	1189	4	was	be	AUX
cblr-2902	1189	5	a	a	DET
cblr-2902	1189	6	period	period	NOUN
cblr-2902	1189	7	of	of	ADP
cblr-2902	1189	8	relatively	relatively	ADV
cblr-2902	1189	9	low	low	ADJ
cblr-2902	1189	10	default	default	NOUN
cblr-2902	1189	11	rates	rate	NOUN
cblr-2902	1189	12	.	.	PUNCT
cblr-2902	1190	1	speculative	speculative	ADJ
cblr-2902	1190	2	grade	grade	NOUN
cblr-2902	1190	3	default	default	NOUN
cblr-2902	1190	4	rates	rate	NOUN
cblr-2902	1190	5	jumped	jump	VERB
cblr-2902	1190	6	in	in	ADP
cblr-2902	1190	7	the	the	DET
cblr-2902	1190	8	late	late	ADJ
cblr-2902	1190	9	1980s	1980	NOUN
cblr-2902	1190	10	and	and	CCONJ
cblr-2902	1190	11	early	early	ADJ
cblr-2902	1190	12	1990s	1990s	NUM
cblr-2902	1190	13	.	.	PUNCT
cblr-2902	1191	1	see	see	VERB
cblr-2902	1191	2	emery	emery	PROPN
cblr-2902	1191	3	et	et	PROPN
cblr-2902	1191	4	al	al	PROPN
cblr-2902	1191	5	.	.	PROPN
cblr-2902	1191	6	,	,	PUNCT
cblr-2902	1191	7	supra	supra	PROPN
cblr-2902	1191	8	note	note	PROPN
cblr-2902	1191	9	226	226	NUM
cblr-2902	1191	10	,	,	PUNCT
cblr-2902	1191	11	at	at	ADP
cblr-2902	1191	12	5	5	NUM
cblr-2902	1191	13	,	,	PUNCT
cblr-2902	1191	14	exhibit	exhibit	VERB
cblr-2902	1191	15	no	no	NOUN
cblr-2902	1191	16	.	.	NOUN
cblr-2902	1191	17	1	1	NUM
cblr-2902	1191	18	:	:	SYM
cblr-2902	1191	19	118	118	NUM
cblr-2902	1191	20	]	]	SYM
cblr-2902	1191	21	195	195	NUM
cblr-2902	1191	22	columbia	columbia	PROPN
cblr-2902	1191	23	business	business	NOUN
cblr-2902	1191	24	law	law	PROPN
cblr-2902	1191	25	review	review	NOUN
cblr-2902	1191	26	during	during	ADP
cblr-2902	1191	27	intense	intense	ADJ
cblr-2902	1191	28	but	but	CCONJ
cblr-2902	1191	29	brief	brief	ADJ
cblr-2902	1191	30	economic	economic	ADJ
cblr-2902	1191	31	depressions	depression	NOUN
cblr-2902	1191	32	or	or	CCONJ
cblr-2902	1191	33	financial	financial	ADJ
cblr-2902	1191	34	crises.3	crises.3	NOUN
cblr-2902	1191	35	if	if	SCONJ
cblr-2902	1191	36	the	the	DET
cblr-2902	1191	37	timing	timing	NOUN
cblr-2902	1191	38	of	of	ADP
cblr-2902	1191	39	these	these	DET
cblr-2902	1191	40	depressions	depression	NOUN
cblr-2902	1191	41	or	or	CCONJ
cblr-2902	1191	42	crises	crisis	NOUN
cblr-2902	1191	43	is	be	AUX
cblr-2902	1191	44	difficult	difficult	ADJ
cblr-2902	1191	45	to	to	PART
cblr-2902	1191	46	predict	predict	VERB
cblr-2902	1191	47	,	,	PUNCT
cblr-2902	1191	48	then	then	ADV
cblr-2902	1191	49	this	this	DET
cblr-2902	1191	50	systemic	systemic	ADJ
cblr-2902	1191	51	risk	risk	NOUN
cblr-2902	1191	52	may	may	AUX
cblr-2902	1191	53	be	be	AUX
cblr-2902	1191	54	priced	price	VERB
cblr-2902	1191	55	into	into	ADP
cblr-2902	1191	56	bonds	bond	NOUN
cblr-2902	1191	57	in	in	ADP
cblr-2902	1191	58	all	all	DET
cblr-2902	1191	59	periods	period	NOUN
cblr-2902	1191	60	even	even	ADV
cblr-2902	1191	61	though	though	SCONJ
cblr-2902	1191	62	during	during	ADP
cblr-2902	1191	63	the	the	DET
cblr-2902	1191	64	periods	period	NOUN
cblr-2902	1191	65	3	3	NUM
cblr-2902	1191	66	.	.	PUNCT
cblr-2902	1192	1	fons	fon	NOUN
cblr-2902	1192	2	acknowledged	acknowledge	VERB
cblr-2902	1192	3	that	that	SCONJ
cblr-2902	1192	4	"	"	PUNCT
cblr-2902	1192	5	the	the	DET
cblr-2902	1192	6	accumulation	accumulation	NOUN
cblr-2902	1192	7	of	of	ADP
cblr-2902	1192	8	a	a	DET
cblr-2902	1192	9	longer	long	ADJ
cblr-2902	1192	10	sample	sample	NOUN
cblr-2902	1192	11	period	period	NOUN
cblr-2902	1192	12	would	would	AUX
cblr-2902	1192	13	improve	improve	VERB
cblr-2902	1192	14	the	the	DET
cblr-2902	1192	15	ability	ability	NOUN
cblr-2902	1192	16	of	of	ADP
cblr-2902	1192	17	researchers	researcher	NOUN
cblr-2902	1192	18	to	to	PART
cblr-2902	1192	19	identify	identify	VERB
cblr-2902	1192	20	the	the	DET
cblr-2902	1192	21	underlying	underlie	VERB
cblr-2902	1192	22	relationships	relationship	NOUN
cblr-2902	1192	23	determining	determine	VERB
cblr-2902	1192	24	corporate	corporate	ADJ
cblr-2902	1192	25	bond	bond	NOUN
cblr-2902	1192	26	yields	yield	NOUN
cblr-2902	1192	27	.	.	PUNCT
cblr-2902	1192	28	"	"	PUNCT
cblr-2902	1193	1	fons	fon	NOUN
cblr-2902	1193	2	,	,	PUNCT
cblr-2902	1193	3	supra	supra	PROPN
cblr-2902	1193	4	note	note	NOUN
cblr-2902	1193	5	213	213	NUM
cblr-2902	1193	6	,	,	PUNCT
cblr-2902	1193	7	at	at	ADP
cblr-2902	1193	8	96	96	NUM
cblr-2902	1193	9	-	-	SYM
cblr-2902	1193	10	97	97	NUM
cblr-2902	1193	11	.	.	PUNCT
cblr-2902	1194	1	elton	elton	PROPN
cblr-2902	1194	2	et	et	PROPN
cblr-2902	1194	3	al	al	PROPN
cblr-2902	1194	4	.	.	PROPN
cblr-2902	1194	5	estimated	estimate	VERB
cblr-2902	1194	6	default	default	NOUN
cblr-2902	1194	7	probabilities	probability	NOUN
cblr-2902	1194	8	based	base	VERB
cblr-2902	1194	9	on	on	ADP
cblr-2902	1194	10	the	the	DET
cblr-2902	1194	11	historical	historical	ADJ
cblr-2902	1194	12	defaults	default	NOUN
cblr-2902	1194	13	of	of	ADP
cblr-2902	1194	14	bonds	bond	NOUN
cblr-2902	1194	15	within	within	ADP
cblr-2902	1194	16	certain	certain	ADJ
cblr-2902	1194	17	ratings	rating	NOUN
cblr-2902	1194	18	categories	category	NOUN
cblr-2902	1194	19	tracked	track	VERB
cblr-2902	1194	20	by	by	ADP
cblr-2902	1194	21	moody	moody	PROPN
cblr-2902	1194	22	's	's	PART
cblr-2902	1194	23	and	and	CCONJ
cblr-2902	1194	24	standard	standard	PROPN
cblr-2902	1194	25	&	&	CCONJ
cblr-2902	1194	26	poor	poor	PROPN
cblr-2902	1194	27	's	's	PART
cblr-2902	1194	28	.	.	PUNCT
cblr-2902	1195	1	elton	elton	PROPN
cblr-2902	1195	2	,	,	PUNCT
cblr-2902	1195	3	et	et	PROPN
cblr-2902	1195	4	al	al	PROPN
cblr-2902	1195	5	.	.	PROPN
cblr-2902	1195	6	,	,	PUNCT
cblr-2902	1195	7	supra	supra	PROPN
cblr-2902	1195	8	note	note	PROPN
cblr-2902	1195	9	230	230	NUM
cblr-2902	1195	10	,	,	PUNCT
cblr-2902	1195	11	at	at	ADP
cblr-2902	1195	12	257	257	NUM
cblr-2902	1195	13	-	-	SYM
cblr-2902	1195	14	63	63	NUM
cblr-2902	1195	15	.	.	PUNCT
cblr-2902	1196	1	however	however	ADV
cblr-2902	1196	2	,	,	PUNCT
cblr-2902	1196	3	this	this	DET
cblr-2902	1196	4	method	method	NOUN
cblr-2902	1196	5	of	of	ADP
cblr-2902	1196	6	estimating	estimate	VERB
cblr-2902	1196	7	the	the	DET
cblr-2902	1196	8	future	future	ADJ
cblr-2902	1196	9	probability	probability	NOUN
cblr-2902	1196	10	of	of	ADP
cblr-2902	1196	11	default	default	NOUN
cblr-2902	1196	12	assumes	assume	VERB
cblr-2902	1196	13	that	that	SCONJ
cblr-2902	1196	14	ratings	rating	NOUN
cblr-2902	1196	15	are	be	AUX
cblr-2902	1196	16	consistent	consistent	ADJ
cblr-2902	1196	17	over	over	ADP
cblr-2902	1196	18	time	time	NOUN
cblr-2902	1196	19	and	and	CCONJ
cblr-2902	1196	20	that	that	SCONJ
cblr-2902	1196	21	bond	bond	NOUN
cblr-2902	1196	22	market	market	NOUN
cblr-2902	1196	23	participants	participant	NOUN
cblr-2902	1196	24	are	be	AUX
cblr-2902	1196	25	in	in	ADP
cblr-2902	1196	26	agreement	agreement	NOUN
cblr-2902	1196	27	with	with	ADP
cblr-2902	1196	28	the	the	DET
cblr-2902	1196	29	opinions	opinion	NOUN
cblr-2902	1196	30	of	of	ADP
cblr-2902	1196	31	ratings	rating	NOUN
cblr-2902	1196	32	agencies	agency	NOUN
cblr-2902	1196	33	regarding	regard	VERB
cblr-2902	1196	34	the	the	DET
cblr-2902	1196	35	probability	probability	NOUN
cblr-2902	1196	36	of	of	ADP
cblr-2902	1196	37	future	future	ADJ
cblr-2902	1196	38	default	default	NOUN
cblr-2902	1196	39	.	.	PUNCT
cblr-2902	1197	1	these	these	PRON
cblr-2902	1197	2	may	may	AUX
cblr-2902	1197	3	be	be	AUX
cblr-2902	1197	4	dubious	dubious	ADJ
cblr-2902	1197	5	assumptions	assumption	NOUN
cblr-2902	1197	6	.	.	PUNCT
cblr-2902	1198	1	ratings	rating	NOUN
cblr-2902	1198	2	may	may	AUX
cblr-2902	1198	3	not	not	PART
cblr-2902	1198	4	be	be	AUX
cblr-2902	1198	5	consistent	consistent	ADJ
cblr-2902	1198	6	over	over	ADP
cblr-2902	1198	7	time	time	NOUN
cblr-2902	1198	8	because	because	SCONJ
cblr-2902	1198	9	default	default	NOUN
cblr-2902	1198	10	rates	rate	NOUN
cblr-2902	1198	11	within	within	ADP
cblr-2902	1198	12	ratings	rating	NOUN
cblr-2902	1198	13	categories	category	NOUN
cblr-2902	1198	14	vary	vary	VERB
cblr-2902	1198	15	widely	widely	ADV
cblr-2902	1198	16	from	from	ADP
cblr-2902	1198	17	year	year	NOUN
cblr-2902	1198	18	to	to	ADP
cblr-2902	1198	19	year	year	NOUN
cblr-2902	1198	20	,	,	PUNCT
cblr-2902	1198	21	especially	especially	ADV
cblr-2902	1198	22	for	for	ADP
cblr-2902	1198	23	speculative	speculative	ADJ
cblr-2902	1198	24	grade	grade	NOUN
cblr-2902	1198	25	debt	debt	NOUN
cblr-2902	1198	26	.	.	PUNCT
cblr-2902	1199	1	see	see	VERB
cblr-2902	1199	2	emery	emery	PROPN
cblr-2902	1199	3	et	et	PROPN
cblr-2902	1199	4	al	al	PROPN
cblr-2902	1199	5	.	.	PROPN
cblr-2902	1199	6	,	,	PUNCT
cblr-2902	1199	7	supra	supra	PROPN
cblr-2902	1199	8	note	note	PROPN
cblr-2902	1199	9	226	226	NUM
cblr-2902	1199	10	,	,	PUNCT
cblr-2902	1199	11	at	at	ADP
cblr-2902	1199	12	5	5	NUM
cblr-2902	1199	13	;	;	PUNCT
cblr-2902	1199	14	see	see	VERB
cblr-2902	1199	15	also	also	ADV
cblr-2902	1199	16	richard	richard	PROPN
cblr-2902	1199	17	cantor	cantor	PROPN
cblr-2902	1199	18	&	&	CCONJ
cblr-2902	1199	19	christopher	christopher	PROPN
cblr-2902	1199	20	mann	mann	PROPN
cblr-2902	1199	21	,	,	PUNCT
cblr-2902	1199	22	moody	moody	PROPN
cblr-2902	1199	23	's	's	PART
cblr-2902	1199	24	investors	investor	NOUN
cblr-2902	1199	25	service	service	NOUN
cblr-2902	1199	26	,	,	PUNCT
cblr-2902	1199	27	measuring	measure	VERB
cblr-2902	1199	28	the	the	DET
cblr-2902	1199	29	performance	performance	NOUN
cblr-2902	1199	30	of	of	ADP
cblr-2902	1199	31	corporate	corporate	ADJ
cblr-2902	1199	32	bond	bond	NOUN
cblr-2902	1199	33	ratings	rating	NOUN
cblr-2902	1199	34	3	3	NUM
cblr-2902	1199	35	(	(	PUNCT
cblr-2902	1199	36	2003	2003	NUM
cblr-2902	1199	37	)	)	PUNCT
cblr-2902	1199	38	,	,	PUNCT
cblr-2902	1199	39	available	available	ADJ
cblr-2902	1199	40	at	at	ADP
cblr-2902	1199	41	http://ssrn.com/abstract=	http://ssrn.com/abstract=	PROPN
cblr-2902	1199	42	996025	996025	NUM
cblr-2902	1199	43	(	(	PUNCT
cblr-2902	1199	44	acknowledging	acknowledge	VERB
cblr-2902	1199	45	that	that	SCONJ
cblr-2902	1199	46	"	"	PUNCT
cblr-2902	1199	47	the	the	DET
cblr-2902	1199	48	accuracy	accuracy	NOUN
cblr-2902	1199	49	and	and	CCONJ
cblr-2902	1199	50	stability	stability	NOUN
cblr-2902	1199	51	of	of	ADP
cblr-2902	1199	52	moody	moody	PROPN
cblr-2902	1199	53	's	's	PART
cblr-2902	1199	54	ratings	rating	NOUN
cblr-2902	1199	55	has	have	AUX
cblr-2902	1199	56	fluctuated	fluctuate	VERB
cblr-2902	1199	57	over	over	ADP
cblr-2902	1199	58	time	time	NOUN
cblr-2902	1199	59	"	"	PUNCT
cblr-2902	1199	60	and	and	CCONJ
cblr-2902	1199	61	that	that	DET
cblr-2902	1199	62	accuracy	accuracy	NOUN
cblr-2902	1199	63	was	be	AUX
cblr-2902	1199	64	"	"	PUNCT
cblr-2902	1199	65	low	low	ADJ
cblr-2902	1199	66	in	in	ADP
cblr-2902	1199	67	the	the	DET
cblr-2902	1199	68	early	early	ADJ
cblr-2902	1199	69	1980s	1980s	NUM
cblr-2902	1199	70	.	.	PUNCT
cblr-2902	1199	71	"	"	PUNCT
cblr-2902	1199	72	)	)	PUNCT
cblr-2902	1199	73	.	.	PUNCT
cblr-2902	1200	1	different	different	ADJ
cblr-2902	1200	2	yields	yield	NOUN
cblr-2902	1200	3	for	for	ADP
cblr-2902	1200	4	debt	debt	NOUN
cblr-2902	1200	5	within	within	ADP
cblr-2902	1200	6	the	the	DET
cblr-2902	1200	7	same	same	ADJ
cblr-2902	1200	8	rating	rating	NOUN
cblr-2902	1200	9	category	category	NOUN
cblr-2902	1200	10	and	and	CCONJ
cblr-2902	1200	11	evidence	evidence	NOUN
cblr-2902	1200	12	that	that	SCONJ
cblr-2902	1200	13	bond	bond	NOUN
cblr-2902	1200	14	markets	market	NOUN
cblr-2902	1200	15	anticipate	anticipate	VERB
cblr-2902	1200	16	rating	rating	NOUN
cblr-2902	1200	17	agency	agency	NOUN
cblr-2902	1200	18	moves	move	NOUN
cblr-2902	1200	19	suggest	suggest	VERB
cblr-2902	1200	20	that	that	SCONJ
cblr-2902	1200	21	bond	bond	NOUN
cblr-2902	1200	22	market	market	NOUN
cblr-2902	1200	23	participants	participant	NOUN
cblr-2902	1200	24	do	do	AUX
cblr-2902	1200	25	not	not	PART
cblr-2902	1200	26	passively	passively	ADV
cblr-2902	1200	27	accept	accept	VERB
cblr-2902	1200	28	the	the	DET
cblr-2902	1200	29	opinions	opinion	NOUN
cblr-2902	1200	30	of	of	ADP
cblr-2902	1200	31	ratings	rating	NOUN
cblr-2902	1200	32	agencies	agency	NOUN
cblr-2902	1200	33	whole	whole	ADJ
cblr-2902	1200	34	cloth	cloth	NOUN
cblr-2902	1200	35	.	.	PUNCT
cblr-2902	1201	1	see	see	VERB
cblr-2902	1201	2	christopher	christopher	PROPN
cblr-2902	1201	3	mann	mann	PROPN
cblr-2902	1201	4	&	&	CCONJ
cblr-2902	1201	5	richard	richard	PROPN
cblr-2902	1201	6	cantor	cantor	PROPN
cblr-2902	1201	7	,	,	PUNCT
cblr-2902	1201	8	moody	moody	PROPN
cblr-2902	1201	9	's	's	PART
cblr-2902	1201	10	investors	investor	NOUN
cblr-2902	1201	11	service	service	NOUN
cblr-2902	1201	12	,	,	PUNCT
cblr-2902	1201	13	the	the	DET
cblr-2902	1201	14	performance	performance	NOUN
cblr-2902	1201	15	of	of	ADP
cblr-2902	1201	16	moody	moody	NOUN
cblr-2902	1201	17	's	's	PART
cblr-2902	1201	18	corporate	corporate	ADJ
cblr-2902	1201	19	bond	bond	NOUN
cblr-2902	1201	20	ratings	rating	NOUN
cblr-2902	1201	21	:	:	PUNCT
cblr-2902	1201	22	december	december	PROPN
cblr-2902	1201	23	2006	2006	NUM
cblr-2902	1201	24	quarterly	quarterly	ADJ
cblr-2902	1201	25	update	update	NOUN
cblr-2902	1201	26	13	13	NUM
cblr-2902	1201	27	(	(	PUNCT
cblr-2902	1201	28	2007	2007	NUM
cblr-2902	1201	29	)	)	PUNCT
cblr-2902	1201	30	(	(	PUNCT
cblr-2902	1201	31	"	"	PUNCT
cblr-2902	1201	32	bond	bond	NOUN
cblr-2902	1201	33	-	-	PUNCT
cblr-2902	1201	34	implied	imply	VERB
cblr-2902	1201	35	ratings	rating	NOUN
cblr-2902	1201	36	continue	continue	VERB
cblr-2902	1201	37	to	to	PART
cblr-2902	1201	38	demonstrate	demonstrate	VERB
cblr-2902	1201	39	greater	great	ADJ
cblr-2902	1201	40	one	one	NUM
cblr-2902	1201	41	-	-	PUNCT
cblr-2902	1201	42	year	year	NOUN
cblr-2902	1201	43	accuracy	accuracy	NOUN
cblr-2902	1201	44	than	than	ADP
cblr-2902	1201	45	moody	moody	NOUN
cblr-2902	1201	46	's	's	PART
cblr-2902	1201	47	ratings	rating	NOUN
cblr-2902	1201	48	.	.	PUNCT
cblr-2902	1201	49	"	"	PUNCT
cblr-2902	1201	50	)	)	PUNCT
cblr-2902	1201	51	.	.	PUNCT
cblr-2902	1202	1	geske	geske	PROPN
cblr-2902	1202	2	and	and	CCONJ
cblr-2902	1202	3	dilianedis	dilianedi	NOUN
cblr-2902	1202	4	considered	consider	VERB
cblr-2902	1202	5	credit	credit	NOUN
cblr-2902	1202	6	spreads	spread	NOUN
cblr-2902	1202	7	of	of	ADP
cblr-2902	1202	8	bonds	bond	NOUN
cblr-2902	1202	9	between	between	ADP
cblr-2902	1202	10	november	november	PROPN
cblr-2902	1202	11	1991	1991	NUM
cblr-2902	1202	12	and	and	CCONJ
cblr-2902	1202	13	december	december	PROPN
cblr-2902	1202	14	1998	1998	NUM
cblr-2902	1202	15	,	,	PUNCT
cblr-2902	1202	16	but	but	CCONJ
cblr-2902	1202	17	partially	partially	ADV
cblr-2902	1202	18	relied	rely	VERB
cblr-2902	1202	19	on	on	ADP
cblr-2902	1202	20	estimated	estimate	VERB
cblr-2902	1202	21	bond	bond	NOUN
cblr-2902	1202	22	prices	price	NOUN
cblr-2902	1202	23	.	.	PUNCT
cblr-2902	1203	1	geske	geske	PROPN
cblr-2902	1203	2	&	&	CCONJ
cblr-2902	1203	3	delianedis	delianedis	PROPN
cblr-2902	1203	4	,	,	PUNCT
cblr-2902	1203	5	supra	supra	PROPN
cblr-2902	1203	6	note	note	NOUN
cblr-2902	1203	7	229	229	NUM
cblr-2902	1203	8	,	,	PUNCT
cblr-2902	1203	9	at	at	ADP
cblr-2902	1203	10	14	14	NUM
cblr-2902	1203	11	-	-	SYM
cblr-2902	1203	12	15	15	NUM
cblr-2902	1203	13	.	.	PUNCT
cblr-2902	1204	1	they	they	PRON
cblr-2902	1204	2	also	also	ADV
cblr-2902	1204	3	estimate	estimate	VERB
cblr-2902	1204	4	default	default	NOUN
cblr-2902	1204	5	probabilities	probability	NOUN
cblr-2902	1204	6	based	base	VERB
cblr-2902	1204	7	on	on	ADP
cblr-2902	1204	8	an	an	DET
cblr-2902	1204	9	options	option	NOUN
cblr-2902	1204	10	model	model	NOUN
cblr-2902	1204	11	that	that	PRON
cblr-2902	1204	12	requires	require	VERB
cblr-2902	1204	13	an	an	DET
cblr-2902	1204	14	unrealistic	unrealistic	ADJ
cblr-2902	1204	15	assumption	assumption	NOUN
cblr-2902	1204	16	about	about	ADP
cblr-2902	1204	17	companies	company	NOUN
cblr-2902	1204	18	'	'	PART
cblr-2902	1204	19	capital	capital	NOUN
cblr-2902	1204	20	structures	structure	NOUN
cblr-2902	1204	21	.	.	PUNCT
cblr-2902	1205	1	i	i	PRON
cblr-2902	1205	2	d.	d.	PROPN
cblr-2902	1205	3	at	at	ADP
cblr-2902	1205	4	17	17	NUM
cblr-2902	1205	5	-	-	SYM
cblr-2902	1205	6	18	18	NUM
cblr-2902	1205	7	(	(	PUNCT
cblr-2902	1205	8	"	"	PUNCT
cblr-2902	1205	9	the	the	DET
cblr-2902	1205	10	merton	merton	PROPN
cblr-2902	1205	11	model	model	NOUN
cblr-2902	1205	12	assumes	assume	VERB
cblr-2902	1205	13	a	a	DET
cblr-2902	1205	14	single	single	ADJ
cblr-2902	1205	15	debt	debt	NOUN
cblr-2902	1205	16	structure	structure	NOUN
cblr-2902	1205	17	while	while	SCONJ
cblr-2902	1205	18	most	most	ADJ
cblr-2902	1205	19	firms	firm	NOUN
cblr-2902	1205	20	'	'	PART
cblr-2902	1205	21	debt	debt	NOUN
cblr-2902	1205	22	structure	structure	NOUN
cblr-2902	1205	23	is	be	AUX
cblr-2902	1205	24	more	more	ADV
cblr-2902	1205	25	complicated	complicated	ADJ
cblr-2902	1205	26	.	.	PUNCT
cblr-2902	1205	27	"	"	PUNCT
cblr-2902	1205	28	)	)	PUNCT
cblr-2902	1205	29	.	.	PUNCT
cblr-2902	1206	1	m	m	VERB
cblr-2902	1206	2	speculative	speculative	ADJ
cblr-2902	1206	3	grade	grade	NOUN
cblr-2902	1206	4	default	default	NOUN
cblr-2902	1206	5	rates	rate	NOUN
cblr-2902	1206	6	peaked	peak	VERB
cblr-2902	1206	7	in	in	ADP
cblr-2902	1206	8	the	the	DET
cblr-2902	1206	9	earlyto	earlyto	NOUN
cblr-2902	1206	10	mid-1930s	mid-1930	NOUN
cblr-2902	1206	11	during	during	ADP
cblr-2902	1206	12	the	the	DET
cblr-2902	1206	13	great	great	ADJ
cblr-2902	1206	14	depression	depression	NOUN
cblr-2902	1206	15	,	,	PUNCT
cblr-2902	1206	16	in	in	ADP
cblr-2902	1206	17	the	the	DET
cblr-2902	1206	18	early	early	ADJ
cblr-2902	1206	19	1970s	1970	NOUN
cblr-2902	1206	20	during	during	ADP
cblr-2902	1206	21	the	the	DET
cblr-2902	1206	22	oil	oil	NOUN
cblr-2902	1206	23	shock	shock	NOUN
cblr-2902	1206	24	,	,	PUNCT
cblr-2902	1206	25	in	in	ADP
cblr-2902	1206	26	the	the	DET
cblr-2902	1206	27	late	late	ADJ
cblr-2902	1206	28	1980s	1980	NOUN
cblr-2902	1206	29	to	to	ADP
cblr-2902	1206	30	early	early	ADJ
cblr-2902	1206	31	1990s	1990	NOUN
cblr-2902	1206	32	during	during	ADP
cblr-2902	1206	33	a	a	DET
cblr-2902	1206	34	recession	recession	NOUN
cblr-2902	1206	35	,	,	PUNCT
cblr-2902	1206	36	and	and	CCONJ
cblr-2902	1206	37	in	in	ADP
cblr-2902	1206	38	the	the	DET
cblr-2902	1206	39	early	early	ADJ
cblr-2902	1206	40	2000s	2000s	NUM
cblr-2902	1206	41	during	during	ADP
cblr-2902	1206	42	another	another	DET
cblr-2902	1206	43	recession	recession	NOUN
cblr-2902	1206	44	.	.	PUNCT
cblr-2902	1207	1	see	see	VERB
cblr-2902	1207	2	emery	emery	PROPN
cblr-2902	1207	3	et	et	PROPN
cblr-2902	1207	4	al	al	PROPN
cblr-2902	1207	5	.	.	PROPN
cblr-2902	1207	6	,	,	PUNCT
cblr-2902	1207	7	supra	supra	PROPN
cblr-2902	1207	8	note	note	PROPN
cblr-2902	1207	9	226	226	NUM
cblr-2902	1207	10	,	,	PUNCT
cblr-2902	1207	11	at	at	ADP
cblr-2902	1207	12	29	29	NUM
cblr-2902	1207	13	exhibit	exhibit	NOUN
cblr-2902	1207	14	36	36	NUM
cblr-2902	1207	15	.	.	PUNCT
cblr-2902	1208	1	196	196	NUM
cblr-2902	1209	1	[	[	X
cblr-2902	1209	2	vol	vol	NOUN
cblr-2902	1209	3	.	.	PUNCT
cblr-2902	1209	4	2011	2011	NUM
cblr-2902	1209	5	leveraged	leveraged	ADJ
cblr-2902	1209	6	buyout	buyout	NOUN
cblr-2902	1209	7	bankruptcies	bankruptcy	NOUN
cblr-2902	1209	8	measured	measure	VERB
cblr-2902	1209	9	,	,	PUNCT
cblr-2902	1209	10	default	default	NOUN
cblr-2902	1209	11	rates	rate	NOUN
cblr-2902	1209	12	were	be	AUX
cblr-2902	1209	13	much	much	ADV
cblr-2902	1209	14	lower	low	ADJ
cblr-2902	1209	15	than	than	ADP
cblr-2902	1209	16	the	the	DET
cblr-2902	1209	17	spread	spread	NOUN
cblr-2902	1209	18	suggests.235	suggests.235	NOUN
cblr-2902	1209	19	nevertheless	nevertheless	ADV
cblr-2902	1209	20	,	,	PUNCT
cblr-2902	1209	21	it	it	PRON
cblr-2902	1209	22	is	be	AUX
cblr-2902	1209	23	likely	likely	ADJ
cblr-2902	1209	24	that	that	SCONJ
cblr-2902	1209	25	at	at	ADV
cblr-2902	1209	26	least	least	ADJ
cblr-2902	1209	27	some	some	PRON
cblr-2902	1209	28	of	of	ADP
cblr-2902	1209	29	the	the	DET
cblr-2902	1209	30	bond	bond	NOUN
cblr-2902	1209	31	spread	spread	NOUN
cblr-2902	1209	32	is	be	AUX
cblr-2902	1209	33	due	due	ADJ
cblr-2902	1209	34	to	to	ADP
cblr-2902	1209	35	factors	factor	NOUN
cblr-2902	1209	36	other	other	ADJ
cblr-2902	1209	37	than	than	ADP
cblr-2902	1209	38	the	the	DET
cblr-2902	1209	39	probability	probability	NOUN
cblr-2902	1209	40	of	of	ADP
cblr-2902	1209	41	default	default	NOUN
cblr-2902	1209	42	,	,	PUNCT
cblr-2902	1209	43	such	such	ADJ
cblr-2902	1209	44	as	as	ADP
cblr-2902	1209	45	taxes236	taxes236	PROPN
cblr-2902	1209	46	and	and	CCONJ
cblr-2902	1209	47	liquidity	liquidity	NOUN
cblr-2902	1209	48	.	.	PUNCT
cblr-2902	1210	1	naive	naive	ADJ
cblr-2902	1210	2	use	use	NOUN
cblr-2902	1210	3	of	of	ADP
cblr-2902	1210	4	bond	bond	NOUN
cblr-2902	1210	5	spreads	spread	VERB
cblr-2902	1210	6	to	to	ADP
cblr-2902	1210	7	235	235	NUM
cblr-2902	1210	8	see	see	NOUN
cblr-2902	1210	9	hull	hull	PROPN
cblr-2902	1210	10	et	et	PROPN
cblr-2902	1210	11	al	al	PROPN
cblr-2902	1210	12	.	.	PROPN
cblr-2902	1210	13	,	,	PUNCT
cblr-2902	1210	14	supra	supra	PROPN
cblr-2902	1210	15	note	note	PROPN
cblr-2902	1210	16	216	216	NUM
cblr-2902	1210	17	,	,	PUNCT
cblr-2902	1210	18	at	at	ADP
cblr-2902	1210	19	59	59	NUM
cblr-2902	1210	20	(	(	PUNCT
cblr-2902	1210	21	"	"	PUNCT
cblr-2902	1210	22	in	in	ADP
cblr-2902	1210	23	practice	practice	NOUN
cblr-2902	1210	24	traders	trader	NOUN
cblr-2902	1210	25	may	may	AUX
cblr-2902	1210	26	[	[	AUX
cblr-2902	1210	27	allow	allow	VERB
cblr-2902	1210	28	for	for	ADP
cblr-2902	1210	29	]	]	PUNCT
cblr-2902	1210	30	depression	depression	NOUN
cblr-2902	1210	31	scenarios	scenario	NOUN
cblr-2902	1210	32	that	that	PRON
cblr-2902	1210	33	are	be	AUX
cblr-2902	1210	34	much	much	ADV
cblr-2902	1210	35	worse	bad	ADJ
cblr-2902	1210	36	than	than	ADP
cblr-2902	1210	37	any	any	PRON
cblr-2902	1210	38	seen	see	VERB
cblr-2902	1210	39	since	since	SCONJ
cblr-2902	1210	40	1970	1970	NUM
cblr-2902	1210	41	....	....	PUNCT
cblr-2902	1211	1	[	[	X
cblr-2902	1211	2	t]raders	t]raders	X
cblr-2902	1211	3	[	[	X
cblr-2902	1211	4	may	may	AUX
cblr-2902	1211	5	]	]	PART
cblr-2902	1211	6	not	not	PART
cblr-2902	1211	7	regard	regard	VERB
cblr-2902	1211	8	the	the	DET
cblr-2902	1211	9	last	last	ADJ
cblr-2902	1211	10	35	35	NUM
cblr-2902	1211	11	years	year	NOUN
cblr-2902	1211	12	as	as	ADP
cblr-2902	1211	13	a	a	DET
cblr-2902	1211	14	good	good	ADJ
cblr-2902	1211	15	indicator	indicator	NOUN
cblr-2902	1211	16	of	of	ADP
cblr-2902	1211	17	the	the	DET
cblr-2902	1211	18	future	future	NOUN
cblr-2902	1211	19	.	.	PUNCT
cblr-2902	1211	20	"	"	PUNCT
cblr-2902	1211	21	)	)	PUNCT
cblr-2902	1211	22	;	;	PUNCT
cblr-2902	1211	23	reinhart	reinhart	PROPN
cblr-2902	1211	24	&	&	CCONJ
cblr-2902	1211	25	rogoff	rogoff	PROPN
cblr-2902	1211	26	,	,	PUNCT
cblr-2902	1211	27	supra	supra	PROPN
cblr-2902	1211	28	note	note	NOUN
cblr-2902	1211	29	215	215	NUM
cblr-2902	1211	30	,	,	PUNCT
cblr-2902	1211	31	at	at	ADP
cblr-2902	1211	32	xxvii	xxvii	PROPN
cblr-2902	1211	33	-	-	PUNCT
cblr-2902	1211	34	xxviii	xxviii	PROPN
cblr-2902	1211	35	(	(	PUNCT
cblr-2902	1211	36	"	"	PUNCT
cblr-2902	1211	37	a	a	DET
cblr-2902	1211	38	large	large	ADJ
cblr-2902	1211	39	fraction	fraction	NOUN
cblr-2902	1211	40	of	of	ADP
cblr-2902	1211	41	the	the	DET
cblr-2902	1211	42	academic	academic	ADJ
cblr-2902	1211	43	and	and	CCONJ
cblr-2902	1211	44	policy	policy	NOUN
cblr-2902	1211	45	literature	literature	NOUN
cblr-2902	1211	46	on	on	ADP
cblr-2902	1211	47	debt	debt	NOUN
cblr-2902	1211	48	and	and	CCONJ
cblr-2902	1211	49	default	default	NOUN
cblr-2902	1211	50	draws	draw	VERB
cblr-2902	1211	51	conclusions	conclusion	NOUN
cblr-2902	1211	52	based	base	VERB
cblr-2902	1211	53	on	on	ADP
cblr-2902	1211	54	data	datum	NOUN
cblr-2902	1211	55	collected	collect	VERB
cblr-2902	1211	56	since	since	SCONJ
cblr-2902	1211	57	1980	1980	NUM
cblr-2902	1211	58	.	.	PUNCT
cblr-2902	1211	59	.	.	PUNCT
cblr-2902	1211	60	.	.	PUNCT
cblr-2902	1211	61	.	.	PUNCT
cblr-2902	1212	1	[	[	X
cblr-2902	1212	2	f]inancial	f]inancial	ADJ
cblr-2902	1212	3	crises	crisis	NOUN
cblr-2902	1212	4	have	have	VERB
cblr-2902	1212	5	much	much	ADV
cblr-2902	1212	6	longer	long	ADJ
cblr-2902	1212	7	cycles	cycle	NOUN
cblr-2902	1212	8	....	....	PUNCT
cblr-2902	1212	9	an	an	DET
cblr-2902	1212	10	event	event	NOUN
cblr-2902	1212	11	that	that	PRON
cblr-2902	1212	12	was	be	AUX
cblr-2902	1212	13	rare	rare	ADJ
cblr-2902	1212	14	in	in	ADP
cblr-2902	1212	15	that	that	DET
cblr-2902	1212	16	twenty	twenty	NUM
cblr-2902	1212	17	-	-	PUNCT
cblr-2902	1212	18	fiveyear	fiveyear	NOUN
cblr-2902	1212	19	span	span	NOUN
cblr-2902	1212	20	may	may	AUX
cblr-2902	1212	21	not	not	PART
cblr-2902	1212	22	be	be	AUX
cblr-2902	1212	23	all	all	ADV
cblr-2902	1212	24	that	that	ADV
cblr-2902	1212	25	rare	rare	ADJ
cblr-2902	1212	26	when	when	SCONJ
cblr-2902	1212	27	placed	place	VERB
cblr-2902	1212	28	in	in	ADP
cblr-2902	1212	29	a	a	DET
cblr-2902	1212	30	longer	long	ADV
cblr-2902	1212	31	historical	historical	ADJ
cblr-2902	1212	32	context	context	NOUN
cblr-2902	1212	33	....	....	PUNCT
cblr-2902	1212	34	to	to	PART
cblr-2902	1212	35	even	even	ADV
cblr-2902	1212	36	begin	begin	VERB
cblr-2902	1212	37	to	to	PART
cblr-2902	1212	38	think	think	VERB
cblr-2902	1212	39	about	about	ADP
cblr-2902	1212	40	such	such	ADJ
cblr-2902	1212	41	events	event	NOUN
cblr-2902	1212	42	,	,	PUNCT
cblr-2902	1212	43	one	one	NUM
cblr-2902	1212	44	needs	need	VERB
cblr-2902	1212	45	to	to	PART
cblr-2902	1212	46	compile	compile	VERB
cblr-2902	1212	47	data	datum	NOUN
cblr-2902	1212	48	for	for	ADP
cblr-2902	1212	49	several	several	ADJ
cblr-2902	1212	50	centuries	century	NOUN
cblr-2902	1212	51	.	.	PUNCT
cblr-2902	1212	52	"	"	PUNCT
cblr-2902	1212	53	)	)	PUNCT
cblr-2902	1212	54	.	.	PUNCT
cblr-2902	1213	1	236	236	NUM
cblr-2902	1213	2	part	part	NOUN
cblr-2902	1213	3	of	of	ADP
cblr-2902	1213	4	the	the	DET
cblr-2902	1213	5	credit	credit	NOUN
cblr-2902	1213	6	spread	spread	NOUN
cblr-2902	1213	7	is	be	AUX
cblr-2902	1213	8	likely	likely	ADJ
cblr-2902	1213	9	due	due	ADJ
cblr-2902	1213	10	to	to	ADP
cblr-2902	1213	11	taxes	taxis	NOUN
cblr-2902	1213	12	because	because	SCONJ
cblr-2902	1213	13	u.s	u.s	PROPN
cblr-2902	1213	14	.	.	PROPN
cblr-2902	1213	15	treasuries	treasury	NOUN
cblr-2902	1213	16	are	be	AUX
cblr-2902	1213	17	tax	tax	NOUN
cblr-2902	1213	18	advantaged	advantaged	ADJ
cblr-2902	1213	19	compared	compare	VERB
cblr-2902	1213	20	to	to	ADP
cblr-2902	1213	21	corporate	corporate	ADJ
cblr-2902	1213	22	bonds	bond	NOUN
cblr-2902	1213	23	.	.	PUNCT
cblr-2902	1214	1	interest	interest	NOUN
cblr-2902	1214	2	on	on	ADP
cblr-2902	1214	3	u.s	u.s	PROPN
cblr-2902	1214	4	.	.	PROPN
cblr-2902	1214	5	treasuries	treasury	NOUN
cblr-2902	1214	6	is	be	AUX
cblr-2902	1214	7	exempt	exempt	ADJ
cblr-2902	1214	8	from	from	ADP
cblr-2902	1214	9	state	state	NOUN
cblr-2902	1214	10	and	and	CCONJ
cblr-2902	1214	11	local	local	ADJ
cblr-2902	1214	12	taxes	taxis	NOUN
cblr-2902	1214	13	,	,	PUNCT
cblr-2902	1214	14	whereas	whereas	SCONJ
cblr-2902	1214	15	corporate	corporate	ADJ
cblr-2902	1214	16	bonds	bond	NOUN
cblr-2902	1214	17	are	be	AUX
cblr-2902	1214	18	taxed	tax	VERB
cblr-2902	1214	19	at	at	ADP
cblr-2902	1214	20	the	the	DET
cblr-2902	1214	21	state	state	NOUN
cblr-2902	1214	22	and	and	CCONJ
cblr-2902	1214	23	local	local	ADJ
cblr-2902	1214	24	(	(	PUNCT
cblr-2902	1214	25	as	as	ADV
cblr-2902	1214	26	well	well	ADV
cblr-2902	1214	27	as	as	ADP
cblr-2902	1214	28	federal	federal	ADJ
cblr-2902	1214	29	)	)	PUNCT
cblr-2902	1214	30	level	level	NOUN
cblr-2902	1214	31	.	.	PUNCT
cblr-2902	1215	1	because	because	SCONJ
cblr-2902	1215	2	of	of	ADP
cblr-2902	1215	3	this	this	DET
cblr-2902	1215	4	tax	tax	NOUN
cblr-2902	1215	5	advantage	advantage	NOUN
cblr-2902	1215	6	,	,	PUNCT
cblr-2902	1215	7	u.s	u.s	PROPN
cblr-2902	1215	8	.	.	PROPN
cblr-2902	1215	9	treasuries	treasury	NOUN
cblr-2902	1215	10	pay	pay	VERB
cblr-2902	1215	11	a	a	DET
cblr-2902	1215	12	lower	low	ADJ
cblr-2902	1215	13	yield	yield	NOUN
cblr-2902	1215	14	than	than	SCONJ
cblr-2902	1215	15	they	they	PRON
cblr-2902	1215	16	would	would	AUX
cblr-2902	1215	17	if	if	SCONJ
cblr-2902	1215	18	the	the	DET
cblr-2902	1215	19	interest	interest	NOUN
cblr-2902	1215	20	were	be	AUX
cblr-2902	1215	21	fully	fully	ADV
cblr-2902	1215	22	taxable	taxable	ADJ
cblr-2902	1215	23	.	.	PUNCT
cblr-2902	1216	1	as	as	ADP
cblr-2902	1216	2	a	a	DET
cblr-2902	1216	3	result	result	NOUN
cblr-2902	1216	4	,	,	PUNCT
cblr-2902	1216	5	the	the	DET
cblr-2902	1216	6	spread	spread	NOUN
cblr-2902	1216	7	between	between	ADP
cblr-2902	1216	8	treasuries	treasury	NOUN
cblr-2902	1216	9	and	and	CCONJ
cblr-2902	1216	10	corporate	corporate	ADJ
cblr-2902	1216	11	bonds	bond	NOUN
cblr-2902	1216	12	is	be	AUX
cblr-2902	1216	13	higher	high	ADJ
cblr-2902	1216	14	than	than	SCONJ
cblr-2902	1216	15	it	it	PRON
cblr-2902	1216	16	would	would	AUX
cblr-2902	1216	17	be	be	AUX
cblr-2902	1216	18	if	if	SCONJ
cblr-2902	1216	19	the	the	DET
cblr-2902	1216	20	spread	spread	NOUN
cblr-2902	1216	21	were	be	AUX
cblr-2902	1216	22	due	due	ADJ
cblr-2902	1216	23	entirely	entirely	ADV
cblr-2902	1216	24	to	to	PART
cblr-2902	1216	25	default	default	VERB
cblr-2902	1216	26	risk	risk	NOUN
cblr-2902	1216	27	.	.	PUNCT
cblr-2902	1217	1	unless	unless	SCONJ
cblr-2902	1217	2	the	the	DET
cblr-2902	1217	3	effect	effect	NOUN
cblr-2902	1217	4	of	of	ADP
cblr-2902	1217	5	taxes	taxis	NOUN
cblr-2902	1217	6	is	be	AUX
cblr-2902	1217	7	somehow	somehow	ADV
cblr-2902	1217	8	taken	take	VERB
cblr-2902	1217	9	into	into	ADP
cblr-2902	1217	10	account	account	NOUN
cblr-2902	1217	11	,	,	PUNCT
cblr-2902	1217	12	the	the	DET
cblr-2902	1217	13	bond	bond	NOUN
cblr-2902	1217	14	market	market	NOUN
cblr-2902	1217	15	implied	imply	VERB
cblr-2902	1217	16	probability	probability	NOUN
cblr-2902	1217	17	of	of	ADP
cblr-2902	1217	18	default	default	NOUN
cblr-2902	1217	19	formulas	formula	NOUN
cblr-2902	1217	20	will	will	AUX
cblr-2902	1217	21	overestimate	overestimate	VERB
cblr-2902	1217	22	the	the	DET
cblr-2902	1217	23	probability	probability	NOUN
cblr-2902	1217	24	of	of	ADP
cblr-2902	1217	25	default	default	NOUN
cblr-2902	1217	26	when	when	SCONJ
cblr-2902	1217	27	treasury	treasury	NOUN
cblr-2902	1217	28	yields	yield	NOUN
cblr-2902	1217	29	are	be	AUX
cblr-2902	1217	30	used	use	VERB
cblr-2902	1217	31	as	as	ADP
cblr-2902	1217	32	the	the	DET
cblr-2902	1217	33	risk	risk	NOUN
cblr-2902	1217	34	-	-	PUNCT
cblr-2902	1217	35	free	free	ADJ
cblr-2902	1217	36	rate	rate	NOUN
cblr-2902	1217	37	.	.	PUNCT
cblr-2902	1218	1	the	the	DET
cblr-2902	1218	2	effect	effect	NOUN
cblr-2902	1218	3	of	of	ADP
cblr-2902	1218	4	taxes	taxis	NOUN
cblr-2902	1218	5	on	on	ADP
cblr-2902	1218	6	bond	bond	NOUN
cblr-2902	1218	7	spreads	spread	NOUN
cblr-2902	1218	8	depends	depend	VERB
cblr-2902	1218	9	on	on	ADP
cblr-2902	1218	10	the	the	DET
cblr-2902	1218	11	proportion	proportion	NOUN
cblr-2902	1218	12	of	of	ADP
cblr-2902	1218	13	fixed	fix	VERB
cblr-2902	1218	14	income	income	NOUN
cblr-2902	1218	15	investors	investor	NOUN
cblr-2902	1218	16	who	who	PRON
cblr-2902	1218	17	are	be	AUX
cblr-2902	1218	18	subject	subject	ADJ
cblr-2902	1218	19	to	to	ADP
cblr-2902	1218	20	state	state	NOUN
cblr-2902	1218	21	and	and	CCONJ
cblr-2902	1218	22	local	local	ADJ
cblr-2902	1218	23	income	income	NOUN
cblr-2902	1218	24	taxes	taxis	NOUN
cblr-2902	1218	25	in	in	ADP
cblr-2902	1218	26	each	each	DET
cblr-2902	1218	27	state	state	NOUN
cblr-2902	1218	28	or	or	CCONJ
cblr-2902	1218	29	municipality	municipality	NOUN
cblr-2902	1218	30	and	and	CCONJ
cblr-2902	1218	31	the	the	DET
cblr-2902	1218	32	applicable	applicable	ADJ
cblr-2902	1218	33	tax	tax	NOUN
cblr-2902	1218	34	rate	rate	NOUN
cblr-2902	1218	35	in	in	ADP
cblr-2902	1218	36	each	each	DET
cblr-2902	1218	37	state	state	NOUN
cblr-2902	1218	38	or	or	CCONJ
cblr-2902	1218	39	municipality	municipality	NOUN
cblr-2902	1218	40	.	.	PUNCT
cblr-2902	1219	1	the	the	PRON
cblr-2902	1219	2	higher	high	ADJ
cblr-2902	1219	3	the	the	DET
cblr-2902	1219	4	proportion	proportion	NOUN
cblr-2902	1219	5	of	of	ADP
cblr-2902	1219	6	investors	investor	NOUN
cblr-2902	1219	7	who	who	PRON
cblr-2902	1219	8	are	be	AUX
cblr-2902	1219	9	subject	subject	ADJ
cblr-2902	1219	10	to	to	ADP
cblr-2902	1219	11	taxes	taxis	NOUN
cblr-2902	1219	12	,	,	PUNCT
cblr-2902	1219	13	and	and	CCONJ
cblr-2902	1219	14	the	the	PRON
cblr-2902	1219	15	higher	high	ADJ
cblr-2902	1219	16	the	the	DET
cblr-2902	1219	17	effective	effective	ADJ
cblr-2902	1219	18	tax	tax	NOUN
cblr-2902	1219	19	rate	rate	NOUN
cblr-2902	1219	20	,	,	PUNCT
cblr-2902	1219	21	the	the	PRON
cblr-2902	1219	22	bigger	big	ADJ
cblr-2902	1219	23	the	the	DET
cblr-2902	1219	24	effect	effect	NOUN
cblr-2902	1219	25	of	of	ADP
cblr-2902	1219	26	the	the	DET
cblr-2902	1219	27	tax	tax	NOUN
cblr-2902	1219	28	advantage	advantage	NOUN
cblr-2902	1219	29	.	.	PUNCT
cblr-2902	1220	1	however	however	ADV
cblr-2902	1220	2	,	,	PUNCT
cblr-2902	1220	3	the	the	DET
cblr-2902	1220	4	proportion	proportion	NOUN
cblr-2902	1220	5	of	of	ADP
cblr-2902	1220	6	investors	investor	NOUN
cblr-2902	1220	7	who	who	PRON
cblr-2902	1220	8	are	be	AUX
cblr-2902	1220	9	subject	subject	ADJ
cblr-2902	1220	10	to	to	ADP
cblr-2902	1220	11	state	state	NOUN
cblr-2902	1220	12	taxes	taxis	NOUN
cblr-2902	1220	13	may	may	AUX
cblr-2902	1220	14	be	be	AUX
cblr-2902	1220	15	very	very	ADV
cblr-2902	1220	16	low	low	ADJ
cblr-2902	1220	17	if	if	SCONJ
cblr-2902	1220	18	corporate	corporate	ADJ
cblr-2902	1220	19	bonds	bond	NOUN
cblr-2902	1220	20	are	be	AUX
cblr-2902	1220	21	primarily	primarily	ADV
cblr-2902	1220	22	held	hold	VERB
cblr-2902	1220	23	by	by	ADP
cblr-2902	1220	24	tax	tax	NOUN
cblr-2902	1220	25	exempt	exempt	ADJ
cblr-2902	1220	26	investors	investor	NOUN
cblr-2902	1220	27	and	and	CCONJ
cblr-2902	1220	28	in	in	ADP
cblr-2902	1220	29	tax	tax	NOUN
cblr-2902	1220	30	-	-	PUNCT
cblr-2902	1220	31	protected	protect	VERB
cblr-2902	1220	32	accounts	account	NOUN
cblr-2902	1220	33	such	such	ADJ
cblr-2902	1220	34	as	as	ADP
cblr-2902	1220	35	401(k)s	401(k)s	PROPN
cblr-2902	1220	36	.	.	PUNCT
cblr-2902	1221	1	economists	economist	NOUN
cblr-2902	1221	2	have	have	AUX
cblr-2902	1221	3	estimated	estimate	VERB
cblr-2902	1221	4	the	the	DET
cblr-2902	1221	5	implicit	implicit	ADJ
cblr-2902	1221	6	state	state	NOUN
cblr-2902	1221	7	tax	tax	NOUN
cblr-2902	1221	8	rate	rate	NOUN
cblr-2902	1221	9	reflected	reflect	VERB
cblr-2902	1221	10	in	in	ADP
cblr-2902	1221	11	corporate	corporate	ADJ
cblr-2902	1221	12	bond	bond	NOUN
cblr-2902	1221	13	spreads	spread	NOUN
cblr-2902	1221	14	may	may	AUX
cblr-2902	1221	15	be	be	AUX
cblr-2902	1221	16	as	as	ADV
cblr-2902	1221	17	low	low	ADJ
cblr-2902	1221	18	as	as	ADP
cblr-2902	1221	19	one	one	NUM
cblr-2902	1221	20	-	-	PUNCT
cblr-2902	1221	21	to	to	ADP
cblr-2902	1221	22	-	-	PUNCT
cblr-2902	1221	23	two	two	NUM
cblr-2902	1221	24	percent	percent	NOUN
cblr-2902	1221	25	,	,	PUNCT
cblr-2902	1221	26	a	a	DET
cblr-2902	1221	27	tax	tax	NOUN
cblr-2902	1221	28	rate	rate	NOUN
cblr-2902	1221	29	that	that	PRON
cblr-2902	1221	30	is	be	AUX
cblr-2902	1221	31	unlikely	unlikely	ADJ
cblr-2902	1221	32	to	to	PART
cblr-2902	1221	33	make	make	VERB
cblr-2902	1221	34	a	a	DET
cblr-2902	1221	35	significant	significant	ADJ
cblr-2902	1221	36	difference	difference	NOUN
cblr-2902	1221	37	for	for	ADP
cblr-2902	1221	38	our	our	PRON
cblr-2902	1221	39	purposes	purpose	NOUN
cblr-2902	1221	40	.	.	PUNCT
cblr-2902	1222	1	see	see	VERB
cblr-2902	1222	2	longstaff	longstaff	PROPN
cblr-2902	1222	3	et	et	PROPN
cblr-2902	1222	4	al	al	PROPN
cblr-2902	1222	5	.	.	PROPN
cblr-2902	1222	6	,	,	PUNCT
cblr-2902	1222	7	supra	supra	PROPN
cblr-2902	1222	8	note	note	NOUN
cblr-2902	1222	9	181	181	NUM
cblr-2902	1222	10	,	,	PUNCT
cblr-2902	1222	11	at	at	ADP
cblr-2902	1222	12	2242	2242	NUM
cblr-2902	1222	13	.	.	PUNCT
cblr-2902	1223	1	at	at	ADP
cblr-2902	1223	2	the	the	DET
cblr-2902	1223	3	time	time	NOUN
cblr-2902	1223	4	,	,	PUNCT
cblr-2902	1223	5	the	the	DET
cblr-2902	1223	6	top	top	ADJ
cblr-2902	1223	7	marginal	marginal	ADJ
cblr-2902	1223	8	tax	tax	NOUN
cblr-2902	1223	9	rates	rate	NOUN
cblr-2902	1223	10	were	be	AUX
cblr-2902	1223	11	9.3	9.3	NUM
cblr-2902	1223	12	%	%	NOUN
cblr-2902	1223	13	in	in	ADP
cblr-2902	1223	14	california	california	PROPN
cblr-2902	1223	15	and	and	CCONJ
cblr-2902	1223	16	10.4	10.4	NUM
cblr-2902	1223	17	%	%	NOUN
cblr-2902	1223	18	in	in	ADP
cblr-2902	1223	19	new	new	PROPN
cblr-2902	1223	20	york	york	PROPN
cblr-2902	1223	21	.	.	PUNCT
cblr-2902	1224	1	i	i	PRON
cblr-2902	1224	2	d.	d.	PROPN
cblr-2902	1224	3	at	at	ADP
cblr-2902	1224	4	2242	2242	NUM
cblr-2902	1224	5	n.28	n.28	X
cblr-2902	1224	6	.	.	PUNCT
cblr-2902	1225	1	but	but	CCONJ
cblr-2902	1225	2	see	see	VERB
cblr-2902	1225	3	elton	elton	PROPN
cblr-2902	1225	4	,	,	PUNCT
cblr-2902	1225	5	et	et	PROPN
cblr-2902	1225	6	al	al	PROPN
cblr-2902	1225	7	.	.	PROPN
cblr-2902	1225	8	,	,	PUNCT
cblr-2902	1225	9	supra	supra	PROPN
cblr-2902	1225	10	note	note	PROPN
cblr-2902	1225	11	230	230	NUM
cblr-2902	1225	12	,	,	PUNCT
cblr-2902	1225	13	at	at	ADP
cblr-2902	1225	14	273	273	NUM
cblr-2902	1225	15	(	(	PUNCT
cblr-2902	1225	16	concluding	conclude	VERB
cblr-2902	1225	17	that	that	SCONJ
cblr-2902	1225	18	taxes	taxis	NOUN
cblr-2902	1225	19	account	account	VERB
cblr-2902	1225	20	for	for	ADP
cblr-2902	1225	21	a	a	DET
cblr-2902	1225	22	very	very	ADV
cblr-2902	1225	23	large	large	ADJ
cblr-2902	1225	24	portion	portion	NOUN
cblr-2902	1225	25	of	of	ADP
cblr-2902	1225	26	the	the	DET
cblr-2902	1225	27	spread	spread	NOUN
cblr-2902	1225	28	between	between	ADP
cblr-2902	1225	29	treasuries	treasury	NOUN
cblr-2902	1225	30	and	and	CCONJ
cblr-2902	1225	31	corporate	corporate	ADJ
cblr-2902	1225	32	bonds	bond	NOUN
cblr-2902	1225	33	,	,	PUNCT
cblr-2902	1225	34	in	in	ADP
cblr-2902	1225	35	some	some	DET
cblr-2902	1225	36	cases	case	NOUN
cblr-2902	1225	37	more	more	ADJ
cblr-2902	1225	38	than	than	ADP
cblr-2902	1225	39	one	one	NUM
cblr-2902	1225	40	-	-	PUNCT
cblr-2902	1225	41	third	third	NOUN
cblr-2902	1225	42	)	)	PUNCT
cblr-2902	1225	43	.	.	PUNCT
cblr-2902	1226	1	"	"	PUNCT
cblr-2902	1227	1	economists	economist	NOUN
cblr-2902	1227	2	have	have	AUX
cblr-2902	1227	3	found	find	VERB
cblr-2902	1227	4	that	that	SCONJ
cblr-2902	1227	5	liquidity	liquidity	NOUN
cblr-2902	1227	6	effects	effect	NOUN
cblr-2902	1227	7	account	account	VERB
cblr-2902	1227	8	for	for	ADP
cblr-2902	1227	9	a	a	DET
cblr-2902	1227	10	substantial	substantial	ADJ
cblr-2902	1227	11	proportion	proportion	NOUN
cblr-2902	1227	12	of	of	ADP
cblr-2902	1227	13	the	the	DET
cblr-2902	1227	14	non	non	ADJ
cblr-2902	1227	15	-	-	ADJ
cblr-2902	1227	16	default	default	NOUN
cblr-2902	1227	17	-	-	PUNCT
cblr-2902	1227	18	related	relate	VERB
cblr-2902	1227	19	part	part	NOUN
cblr-2902	1227	20	of	of	ADP
cblr-2902	1227	21	credit	credit	NOUN
cblr-2902	1227	22	spreads	spread	NOUN
cblr-2902	1227	23	.	.	PUNCT
cblr-2902	1228	1	no	no	INTJ
cblr-2902	1228	2	.	.	NOUN
cblr-2902	1229	1	1	1	NUM
cblr-2902	1229	2	:	:	SYM
cblr-2902	1229	3	118	118	NUM
cblr-2902	1229	4	]	]	SYM
cblr-2902	1229	5	197	197	NUM
cblr-2902	1229	6	columbia	columbia	PROPN
cblr-2902	1229	7	business	business	NOUN
cblr-2902	1229	8	law	law	PROPN
cblr-2902	1229	9	review	review	NOUN
cblr-2902	1229	10	calculate	calculate	VERB
cblr-2902	1229	11	the	the	DET
cblr-2902	1229	12	probability	probability	NOUN
cblr-2902	1229	13	of	of	ADP
cblr-2902	1229	14	default	default	NOUN
cblr-2902	1229	15	will	will	AUX
cblr-2902	1229	16	therefore	therefore	ADV
cblr-2902	1229	17	tend	tend	VERB
cblr-2902	1229	18	,	,	PUNCT
cblr-2902	1229	19	at	at	ADP
cblr-2902	1229	20	least	least	ADJ
cblr-2902	1229	21	on	on	ADP
cblr-2902	1229	22	the	the	DET
cblr-2902	1229	23	margin	margin	NOUN
cblr-2902	1229	24	,	,	PUNCT
cblr-2902	1229	25	to	to	PART
cblr-2902	1229	26	overestimate	overestimate	VERB
cblr-2902	1229	27	the	the	DET
cblr-2902	1229	28	implied	imply	VERB
cblr-2902	1229	29	probability	probability	NOUN
cblr-2902	1229	30	of	of	ADP
cblr-2902	1229	31	default	default	NOUN
cblr-2902	1229	32	.	.	PUNCT
cblr-2902	1230	1	three	three	NUM
cblr-2902	1230	2	approaches	approach	NOUN
cblr-2902	1230	3	may	may	AUX
cblr-2902	1230	4	be	be	AUX
cblr-2902	1230	5	taken	take	VERB
cblr-2902	1230	6	to	to	PART
cblr-2902	1230	7	account	account	VERB
cblr-2902	1230	8	for	for	ADP
cblr-2902	1230	9	the	the	DET
cblr-2902	1230	10	possibility	possibility	NOUN
cblr-2902	1230	11	that	that	SCONJ
cblr-2902	1230	12	bond	bond	NOUN
cblr-2902	1230	13	spreads	spread	NOUN
cblr-2902	1230	14	may	may	AUX
cblr-2902	1230	15	overestimate	overestimate	VERB
cblr-2902	1230	16	the	the	DET
cblr-2902	1230	17	probability	probability	NOUN
cblr-2902	1230	18	of	of	ADP
cblr-2902	1230	19	default	default	NOUN
cblr-2902	1230	20	.	.	PUNCT
cblr-2902	1231	1	one	one	NUM
cblr-2902	1231	2	approach	approach	NOUN
cblr-2902	1231	3	,	,	PUNCT
cblr-2902	1231	4	frequently	frequently	ADV
cblr-2902	1231	5	used	use	VERB
cblr-2902	1231	6	by	by	ADP
cblr-2902	1231	7	financial	financial	ADJ
cblr-2902	1231	8	professionals	professional	NOUN
cblr-2902	1231	9	,	,	PUNCT
cblr-2902	1231	10	is	be	AUX
cblr-2902	1231	11	to	to	PART
cblr-2902	1231	12	use	use	VERB
cblr-2902	1231	13	libor	libor	PROPN
cblr-2902	1231	14	as	as	ADP
cblr-2902	1231	15	a	a	DET
cblr-2902	1231	16	risk	risk	NOUN
cblr-2902	1231	17	-	-	PUNCT
cblr-2902	1231	18	free	free	ADJ
cblr-2902	1231	19	rate	rate	NOUN
cblr-2902	1231	20	instead	instead	ADV
cblr-2902	1231	21	of	of	ADP
cblr-2902	1231	22	treasuries.2	treasuries.2	NOUN
cblr-2902	1231	23	38	38	NUM
cblr-2902	1231	24	because	because	SCONJ
cblr-2902	1231	25	libor	libor	PROPN
cblr-2902	1231	26	is	be	AUX
cblr-2902	1231	27	higher	high	ADJ
cblr-2902	1231	28	than	than	ADP
cblr-2902	1231	29	treasury	treasury	NOUN
cblr-2902	1231	30	yields	yield	NOUN
cblr-2902	1231	31	,	,	PUNCT
cblr-2902	1231	32	the	the	DET
cblr-2902	1231	33	calculated	calculate	VERB
cblr-2902	1231	34	spread	spread	NOUN
cblr-2902	1231	35	will	will	AUX
cblr-2902	1231	36	be	be	AUX
cblr-2902	1231	37	lower	low	ADJ
cblr-2902	1231	38	,	,	PUNCT
cblr-2902	1231	39	and	and	CCONJ
cblr-2902	1231	40	the	the	DET
cblr-2902	1231	41	probability	probability	NOUN
cblr-2902	1231	42	of	of	ADP
cblr-2902	1231	43	default	default	NOUN
cblr-2902	1231	44	will	will	AUX
cblr-2902	1231	45	also	also	ADV
cblr-2902	1231	46	be	be	AUX
cblr-2902	1231	47	lower	low	ADJ
cblr-2902	1231	48	.	.	PUNCT
cblr-2902	1232	1	at	at	ADV
cblr-2902	1232	2	least	least	ADV
cblr-2902	1232	3	one	one	NUM
cblr-2902	1232	4	academic	academic	ADJ
cblr-2902	1232	5	economist	economist	NOUN
cblr-2902	1232	6	strongly	strongly	ADV
cblr-2902	1232	7	favors	favor	VERB
cblr-2902	1232	8	this	this	DET
cblr-2902	1232	9	approach	approach	NOUN
cblr-2902	1232	10	.	.	PUNCT
cblr-2902	1233	1	"	"	PUNCT
cblr-2902	1233	2	'	'	PUNCT
cblr-2902	1233	3	however	however	ADV
cblr-2902	1233	4	,	,	PUNCT
cblr-2902	1233	5	the	the	DET
cblr-2902	1233	6	use	use	NOUN
cblr-2902	1233	7	of	of	ADP
cblr-2902	1233	8	libor	libor	PROPN
cblr-2902	1233	9	as	as	ADP
cblr-2902	1233	10	a	a	DET
cblr-2902	1233	11	risk	risk	NOUN
cblr-2902	1233	12	-	-	PUNCT
cblr-2902	1233	13	free	free	ADJ
cblr-2902	1233	14	rate	rate	NOUN
cblr-2902	1233	15	is	be	AUX
cblr-2902	1233	16	inappropriate	inappropriate	ADJ
cblr-2902	1233	17	during	during	ADP
cblr-2902	1233	18	times	time	NOUN
cblr-2902	1233	19	of	of	ADP
cblr-2902	1233	20	distress	distress	NOUN
cblr-2902	1233	21	in	in	ADP
cblr-2902	1233	22	the	the	DET
cblr-2902	1233	23	financial	financial	ADJ
cblr-2902	1233	24	system	system	NOUN
cblr-2902	1233	25	.	.	PUNCT
cblr-2902	1234	1	when	when	SCONJ
cblr-2902	1234	2	banks	bank	NOUN
cblr-2902	1234	3	are	be	AUX
cblr-2902	1234	4	perceived	perceive	VERB
cblr-2902	1234	5	to	to	PART
cblr-2902	1234	6	be	be	AUX
cblr-2902	1234	7	at	at	ADP
cblr-2902	1234	8	risk	risk	NOUN
cblr-2902	1234	9	of	of	ADP
cblr-2902	1234	10	default	default	NOUN
cblr-2902	1234	11	,	,	PUNCT
cblr-2902	1234	12	the	the	DET
cblr-2902	1234	13	spread	spread	NOUN
cblr-2902	1234	14	between	between	ADP
cblr-2902	1234	15	libor	libor	PROPN
cblr-2902	1234	16	and	and	CCONJ
cblr-2902	1234	17	treasuries	treasury	NOUN
cblr-2902	1234	18	widens	widen	VERB
cblr-2902	1234	19	and	and	CCONJ
cblr-2902	1234	20	the	the	DET
cblr-2902	1234	21	impact	impact	NOUN
cblr-2902	1234	22	of	of	ADP
cblr-2902	1234	23	using	use	VERB
cblr-2902	1234	24	libor	libor	PROPN
cblr-2902	1234	25	instead	instead	ADV
cblr-2902	1234	26	of	of	ADP
cblr-2902	1234	27	treasuries	treasury	NOUN
cblr-2902	1234	28	becomes	become	VERB
cblr-2902	1234	29	large	large	ADJ
cblr-2902	1234	30	because	because	SCONJ
cblr-2902	1234	31	banks	bank	NOUN
cblr-2902	1234	32	are	be	AUX
cblr-2902	1234	33	not	not	PART
cblr-2902	1234	34	risk	risk	NOUN
cblr-2902	1234	35	-	-	PUNCT
cblr-2902	1234	36	free.24	free.24	NOUN
cblr-2902	1234	37	0	0	NUM
cblr-2902	1234	38	another	another	DET
cblr-2902	1234	39	approach	approach	NOUN
cblr-2902	1234	40	is	be	AUX
cblr-2902	1234	41	to	to	PART
cblr-2902	1234	42	consider	consider	VERB
cblr-2902	1234	43	bond	bond	NOUN
cblr-2902	1234	44	spreads	spread	NOUN
cblr-2902	1234	45	,	,	PUNCT
cblr-2902	1234	46	not	not	PART
cblr-2902	1234	47	only	only	ADV
cblr-2902	1234	48	in	in	ADP
cblr-2902	1234	49	isolation	isolation	NOUN
cblr-2902	1234	50	,	,	PUNCT
cblr-2902	1234	51	but	but	CCONJ
cblr-2902	1234	52	also	also	ADV
cblr-2902	1234	53	relative	relative	ADJ
cblr-2902	1234	54	to	to	ADP
cblr-2902	1234	55	other	other	ADJ
cblr-2902	1234	56	bond	bond	NOUN
cblr-2902	1234	57	spreads	spread	NOUN
cblr-2902	1234	58	.	.	PUNCT
cblr-2902	1235	1	for	for	ADP
cblr-2902	1235	2	example	example	NOUN
cblr-2902	1235	3	,	,	PUNCT
cblr-2902	1235	4	courts	court	NOUN
cblr-2902	1235	5	could	could	AUX
cblr-2902	1235	6	consider	consider	VERB
cblr-2902	1235	7	bond	bond	NOUN
cblr-2902	1235	8	spreads	spread	NOUN
cblr-2902	1235	9	of	of	ADP
cblr-2902	1235	10	both	both	CCONJ
cblr-2902	1235	11	the	the	DET
cblr-2902	1235	12	debtor	debtor	NOUN
cblr-2902	1235	13	and	and	CCONJ
cblr-2902	1235	14	comparable	comparable	ADJ
cblr-2902	1235	15	companies	company	NOUN
cblr-2902	1235	16	.	.	PUNCT
cblr-2902	1236	1	although	although	SCONJ
cblr-2902	1236	2	an	an	DET
cblr-2902	1236	3	implied	imply	VERB
cblr-2902	1236	4	see	see	NOUN
cblr-2902	1236	5	longstaff	longstaff	PROPN
cblr-2902	1236	6	et	et	PROPN
cblr-2902	1236	7	al	al	PROPN
cblr-2902	1236	8	.	.	PROPN
cblr-2902	1236	9	,	,	PUNCT
cblr-2902	1236	10	supra	supra	PROPN
cblr-2902	1236	11	note	note	PROPN
cblr-2902	1236	12	183	183	NUM
cblr-2902	1236	13	,	,	PUNCT
cblr-2902	1236	14	at	at	ADP
cblr-2902	1236	15	2246	2246	NUM
cblr-2902	1236	16	-	-	SYM
cblr-2902	1236	17	47	47	NUM
cblr-2902	1236	18	(	(	PUNCT
cblr-2902	1236	19	finding	find	VERB
cblr-2902	1236	20	that	that	SCONJ
cblr-2902	1236	21	"	"	PUNCT
cblr-2902	1236	22	the	the	DET
cblr-2902	1236	23	nondefault	nondefault	NOUN
cblr-2902	1236	24	component	component	NOUN
cblr-2902	1236	25	of	of	ADP
cblr-2902	1236	26	corporate	corporate	ADJ
cblr-2902	1236	27	bond	bond	NOUN
cblr-2902	1236	28	spreads	spread	NOUN
cblr-2902	1236	29	is	be	AUX
cblr-2902	1236	30	strongly	strongly	ADV
cblr-2902	1236	31	related	relate	VERB
cblr-2902	1236	32	to	to	ADP
cblr-2902	1236	33	a	a	DET
cblr-2902	1236	34	number	number	NOUN
cblr-2902	1236	35	of	of	ADP
cblr-2902	1236	36	liquidity	liquidity	NOUN
cblr-2902	1236	37	measures	measure	NOUN
cblr-2902	1236	38	"	"	PUNCT
cblr-2902	1236	39	such	such	ADJ
cblr-2902	1236	40	as	as	ADP
cblr-2902	1236	41	the	the	DET
cblr-2902	1236	42	bid	bid	NOUN
cblr-2902	1236	43	-	-	PUNCT
cblr-2902	1236	44	ask	ask	NOUN
cblr-2902	1236	45	spread	spread	NOUN
cblr-2902	1236	46	and	and	CCONJ
cblr-2902	1236	47	the	the	DET
cblr-2902	1236	48	outstanding	outstanding	ADJ
cblr-2902	1236	49	principal	principal	ADJ
cblr-2902	1236	50	amount	amount	NOUN
cblr-2902	1236	51	of	of	ADP
cblr-2902	1236	52	the	the	DET
cblr-2902	1236	53	corporate	corporate	ADJ
cblr-2902	1236	54	bond	bond	NOUN
cblr-2902	1236	55	)	)	PUNCT
cblr-2902	1236	56	.	.	PUNCT
cblr-2902	1237	1	many	many	ADJ
cblr-2902	1237	2	corporate	corporate	ADJ
cblr-2902	1237	3	bonds	bond	NOUN
cblr-2902	1237	4	are	be	AUX
cblr-2902	1237	5	illiquid	illiquid	ADJ
cblr-2902	1237	6	in	in	SCONJ
cblr-2902	1237	7	that	that	SCONJ
cblr-2902	1237	8	they	they	PRON
cblr-2902	1237	9	trade	trade	VERB
cblr-2902	1237	10	relatively	relatively	ADV
cblr-2902	1237	11	infrequently	infrequently	ADV
cblr-2902	1237	12	or	or	CCONJ
cblr-2902	1237	13	in	in	ADP
cblr-2902	1237	14	relatively	relatively	ADV
cblr-2902	1237	15	small	small	ADJ
cblr-2902	1237	16	amounts	amount	NOUN
cblr-2902	1237	17	.	.	PUNCT
cblr-2902	1238	1	investors	investor	NOUN
cblr-2902	1238	2	are	be	AUX
cblr-2902	1238	3	believed	believe	VERB
cblr-2902	1238	4	to	to	PART
cblr-2902	1238	5	demand	demand	VERB
cblr-2902	1238	6	a	a	DET
cblr-2902	1238	7	liquidity	liquidity	NOUN
cblr-2902	1238	8	premium	premium	NOUN
cblr-2902	1238	9	for	for	ADP
cblr-2902	1238	10	holding	hold	VERB
cblr-2902	1238	11	such	such	ADJ
cblr-2902	1238	12	illiquid	illiquid	ADJ
cblr-2902	1238	13	assets	asset	NOUN
cblr-2902	1238	14	because	because	SCONJ
cblr-2902	1238	15	it	it	PRON
cblr-2902	1238	16	is	be	AUX
cblr-2902	1238	17	more	more	ADV
cblr-2902	1238	18	difficult	difficult	ADJ
cblr-2902	1238	19	and	and	CCONJ
cblr-2902	1238	20	more	more	ADV
cblr-2902	1238	21	costly	costly	ADJ
cblr-2902	1238	22	to	to	PART
cblr-2902	1238	23	convert	convert	VERB
cblr-2902	1238	24	them	they	PRON
cblr-2902	1238	25	into	into	ADP
cblr-2902	1238	26	cash	cash	NOUN
cblr-2902	1238	27	and	and	CCONJ
cblr-2902	1238	28	perhaps	perhaps	ADV
cblr-2902	1238	29	also	also	ADV
cblr-2902	1238	30	because	because	SCONJ
cblr-2902	1238	31	of	of	ADP
cblr-2902	1238	32	the	the	DET
cblr-2902	1238	33	greater	great	ADJ
cblr-2902	1238	34	difficulty	difficulty	NOUN
cblr-2902	1238	35	of	of	ADP
cblr-2902	1238	36	pricing	price	VERB
cblr-2902	1238	37	such	such	ADJ
cblr-2902	1238	38	assets	asset	NOUN
cblr-2902	1238	39	without	without	ADP
cblr-2902	1238	40	reference	reference	NOUN
cblr-2902	1238	41	to	to	ADP
cblr-2902	1238	42	an	an	DET
cblr-2902	1238	43	up	up	ADP
cblr-2902	1238	44	-	-	PUNCT
cblr-2902	1238	45	to	to	ADP
cblr-2902	1238	46	-	-	PUNCT
cblr-2902	1238	47	date	date	NOUN
cblr-2902	1238	48	market	market	NOUN
cblr-2902	1238	49	price	price	NOUN
cblr-2902	1238	50	.	.	PUNCT
cblr-2902	1239	1	some	some	DET
cblr-2902	1239	2	bonds	bond	NOUN
cblr-2902	1239	3	are	be	AUX
cblr-2902	1239	4	more	more	ADV
cblr-2902	1239	5	liquid	liquid	ADJ
cblr-2902	1239	6	than	than	ADP
cblr-2902	1239	7	others	other	NOUN
cblr-2902	1239	8	,	,	PUNCT
cblr-2902	1239	9	and	and	CCONJ
cblr-2902	1239	10	the	the	DET
cblr-2902	1239	11	same	same	ADJ
cblr-2902	1239	12	bond	bond	NOUN
cblr-2902	1239	13	may	may	AUX
cblr-2902	1239	14	be	be	AUX
cblr-2902	1239	15	more	more	ADV
cblr-2902	1239	16	liquidly	liquidly	ADV
cblr-2902	1239	17	traded	trade	VERB
cblr-2902	1239	18	at	at	ADP
cblr-2902	1239	19	certain	certain	ADJ
cblr-2902	1239	20	points	point	NOUN
cblr-2902	1239	21	in	in	ADP
cblr-2902	1239	22	time	time	NOUN
cblr-2902	1239	23	.	.	PUNCT
cblr-2902	1240	1	bond	bond	NOUN
cblr-2902	1240	2	pricing	pricing	NOUN
cblr-2902	1240	3	,	,	PUNCT
cblr-2902	1240	4	and	and	CCONJ
cblr-2902	1240	5	therefore	therefore	ADV
cblr-2902	1240	6	market	market	NOUN
cblr-2902	1240	7	-	-	PUNCT
cblr-2902	1240	8	implied	imply	VERB
cblr-2902	1240	9	probabilities	probability	NOUN
cblr-2902	1240	10	of	of	ADP
cblr-2902	1240	11	default	default	NOUN
cblr-2902	1240	12	based	base	VERB
cblr-2902	1240	13	on	on	ADP
cblr-2902	1240	14	bond	bond	NOUN
cblr-2902	1240	15	yields	yield	NOUN
cblr-2902	1240	16	,	,	PUNCT
cblr-2902	1240	17	are	be	AUX
cblr-2902	1240	18	more	more	ADV
cblr-2902	1240	19	reliable	reliable	ADJ
cblr-2902	1240	20	to	to	ADP
cblr-2902	1240	21	the	the	DET
cblr-2902	1240	22	extent	extent	NOUN
cblr-2902	1240	23	that	that	SCONJ
cblr-2902	1240	24	the	the	DET
cblr-2902	1240	25	bond	bond	NOUN
cblr-2902	1240	26	is	be	AUX
cblr-2902	1240	27	more	more	ADV
cblr-2902	1240	28	liquidly	liquidly	ADV
cblr-2902	1240	29	traded	trade	VERB
cblr-2902	1240	30	.	.	PUNCT
cblr-2902	1241	1	fortunately	fortunately	ADV
cblr-2902	1241	2	,	,	PUNCT
cblr-2902	1241	3	highly	highly	ADV
cblr-2902	1241	4	detailed	detailed	ADJ
cblr-2902	1241	5	bond	bond	NOUN
cblr-2902	1241	6	trading	trading	NOUN
cblr-2902	1241	7	information	information	NOUN
cblr-2902	1241	8	is	be	AUX
cblr-2902	1241	9	now	now	ADV
cblr-2902	1241	10	available	available	ADJ
cblr-2902	1241	11	to	to	ADP
cblr-2902	1241	12	the	the	DET
cblr-2902	1241	13	general	general	ADJ
cblr-2902	1241	14	public	public	NOUN
cblr-2902	1241	15	for	for	ADP
cblr-2902	1241	16	free	free	ADJ
cblr-2902	1241	17	through	through	ADP
cblr-2902	1241	18	trace	trace	NOUN
cblr-2902	1241	19	.	.	PUNCT
cblr-2902	1241	20	"	"	PUNCT
cblr-2902	1242	1	see	see	VERB
cblr-2902	1242	2	supra	supra	PROPN
cblr-2902	1242	3	note	note	PROPN
cblr-2902	1242	4	217	217	NUM
cblr-2902	1242	5	and	and	CCONJ
cblr-2902	1242	6	accompanying	accompany	VERB
cblr-2902	1242	7	text	text	NOUN
cblr-2902	1242	8	.	.	PUNCT
cblr-2902	1243	1	29	29	NUM
cblr-2902	1243	2	see	see	VERB
cblr-2902	1243	3	hull	hull	NOUN
cblr-2902	1243	4	et	et	PROPN
cblr-2902	1243	5	al	al	PROPN
cblr-2902	1243	6	.	.	PROPN
cblr-2902	1243	7	,	,	PUNCT
cblr-2902	1243	8	supra	supra	PROPN
cblr-2902	1243	9	note	note	PROPN
cblr-2902	1243	10	176	176	NUM
cblr-2902	1243	11	,	,	PUNCT
cblr-2902	1243	12	at	at	ADP
cblr-2902	1243	13	2795	2795	NUM
cblr-2902	1243	14	-	-	SYM
cblr-2902	1243	15	800	800	NUM
cblr-2902	1243	16	.	.	NOUN
cblr-2902	1244	1	20	20	NUM
cblr-2902	1244	2	see	see	VERB
cblr-2902	1244	3	lorenzo	lorenzo	PROPN
cblr-2902	1244	4	naranjo	naranjo	PROPN
cblr-2902	1244	5	,	,	PUNCT
cblr-2902	1244	6	implied	imply	VERB
cblr-2902	1244	7	interest	interest	NOUN
cblr-2902	1244	8	rates	rate	NOUN
cblr-2902	1244	9	in	in	ADP
cblr-2902	1244	10	a	a	DET
cblr-2902	1244	11	market	market	NOUN
cblr-2902	1244	12	with	with	ADP
cblr-2902	1244	13	frictions	friction	NOUN
cblr-2902	1244	14	1	1	NUM
cblr-2902	1244	15	-	-	SYM
cblr-2902	1244	16	4	4	NUM
cblr-2902	1244	17	,	,	PUNCT
cblr-2902	1244	18	8	8	NUM
cblr-2902	1244	19	(	(	PUNCT
cblr-2902	1244	20	feb	feb	NOUN
cblr-2902	1244	21	.	.	PROPN
cblr-2902	1244	22	2009	2009	NUM
cblr-2902	1244	23	)	)	PUNCT
cblr-2902	1244	24	(	(	PUNCT
cblr-2902	1244	25	unpublished	unpublished	ADJ
cblr-2902	1244	26	manuscript	manuscript	NOUN
cblr-2902	1244	27	)	)	PUNCT
cblr-2902	1244	28	,	,	PUNCT
cblr-2902	1244	29	available	available	ADJ
cblr-2902	1244	30	at	at	ADP
cblr-2902	1244	31	http://ssrn.com/abstract=1308908	http://ssrn.com/abstract=1308908	PRON
cblr-2902	1244	32	;	;	PUNCT
cblr-2902	1244	33	supra	supra	PROPN
cblr-2902	1244	34	note	note	VERB
cblr-2902	1244	35	218	218	NUM
cblr-2902	1244	36	and	and	CCONJ
cblr-2902	1244	37	accompanying	accompany	VERB
cblr-2902	1244	38	text	text	NOUN
cblr-2902	1244	39	.	.	PUNCT
cblr-2902	1245	1	198	198	NUM
cblr-2902	1246	1	[	[	X
cblr-2902	1246	2	vol	vol	NOUN
cblr-2902	1246	3	.	.	PUNCT
cblr-2902	1247	1	201	201	NUM
cblr-2902	1247	2	1	1	NUM
cblr-2902	1247	3	leveraged	leverage	VERB
cblr-2902	1247	4	buyout	buyout	NOUN
cblr-2902	1247	5	bankruptcies	bankruptcy	NOUN
cblr-2902	1247	6	probability	probability	NOUN
cblr-2902	1247	7	of	of	ADP
cblr-2902	1247	8	default	default	NOUN
cblr-2902	1247	9	of	of	ADP
cblr-2902	1247	10	twenty	twenty	NUM
cblr-2902	1247	11	-	-	PUNCT
cblr-2902	1247	12	five	five	NUM
cblr-2902	1247	13	or	or	CCONJ
cblr-2902	1247	14	thirty	thirty	NUM
cblr-2902	1247	15	percent	percent	NOUN
cblr-2902	1247	16	within	within	ADP
cblr-2902	1247	17	five	five	NUM
cblr-2902	1247	18	years	year	NOUN
cblr-2902	1247	19	may	may	AUX
cblr-2902	1247	20	sound	sound	VERB
cblr-2902	1247	21	shockingly	shockingly	ADV
cblr-2902	1247	22	high	high	ADJ
cblr-2902	1247	23	in	in	ADP
cblr-2902	1247	24	isolation	isolation	NOUN
cblr-2902	1247	25	,	,	PUNCT
cblr-2902	1247	26	a	a	DET
cblr-2902	1247	27	comparison	comparison	NOUN
cblr-2902	1247	28	may	may	AUX
cblr-2902	1247	29	reveal	reveal	VERB
cblr-2902	1247	30	that	that	SCONJ
cblr-2902	1247	31	it	it	PRON
cblr-2902	1247	32	is	be	AUX
cblr-2902	1247	33	in	in	ADP
cblr-2902	1247	34	fact	fact	NOUN
cblr-2902	1247	35	fairly	fairly	ADV
cblr-2902	1247	36	typical	typical	ADJ
cblr-2902	1247	37	for	for	ADP
cblr-2902	1247	38	companies	company	NOUN
cblr-2902	1247	39	within	within	ADP
cblr-2902	1247	40	a	a	DET
cblr-2902	1247	41	particular	particular	ADJ
cblr-2902	1247	42	industry	industry	NOUN
cblr-2902	1247	43	.	.	PUNCT
cblr-2902	1248	1	changes	change	NOUN
cblr-2902	1248	2	in	in	ADP
cblr-2902	1248	3	bond	bond	NOUN
cblr-2902	1248	4	spreads	spread	NOUN
cblr-2902	1248	5	may	may	AUX
cblr-2902	1248	6	also	also	ADV
cblr-2902	1248	7	be	be	AUX
cblr-2902	1248	8	considered	consider	VERB
cblr-2902	1248	9	over	over	ADP
cblr-2902	1248	10	time	time	NOUN
cblr-2902	1248	11	,	,	PUNCT
cblr-2902	1248	12	for	for	ADP
cblr-2902	1248	13	example	example	NOUN
cblr-2902	1248	14	,	,	PUNCT
cblr-2902	1248	15	shortly	shortly	ADV
cblr-2902	1248	16	before	before	ADP
cblr-2902	1248	17	and	and	CCONJ
cblr-2902	1248	18	shortly	shortly	ADV
cblr-2902	1248	19	after	after	ADP
cblr-2902	1248	20	the	the	DET
cblr-2902	1248	21	allegedly	allegedly	ADV
cblr-2902	1248	22	fraudulent	fraudulent	ADJ
cblr-2902	1248	23	transfer	transfer	NOUN
cblr-2902	1248	24	.	.	PUNCT
cblr-2902	1249	1	if	if	SCONJ
cblr-2902	1249	2	the	the	DET
cblr-2902	1249	3	yield	yield	NOUN
cblr-2902	1249	4	on	on	ADP
cblr-2902	1249	5	a	a	DET
cblr-2902	1249	6	debtor	debtor	NOUN
cblr-2902	1249	7	's	's	PART
cblr-2902	1249	8	bonds	bond	NOUN
cblr-2902	1249	9	increased	increase	VERB
cblr-2902	1249	10	relative	relative	ADV
cblr-2902	1249	11	to	to	ADP
cblr-2902	1249	12	both	both	CCONJ
cblr-2902	1249	13	the	the	DET
cblr-2902	1249	14	risk	risk	NOUN
cblr-2902	1249	15	-	-	PUNCT
cblr-2902	1249	16	free	free	ADJ
cblr-2902	1249	17	rate	rate	NOUN
cblr-2902	1249	18	and	and	CCONJ
cblr-2902	1249	19	to	to	ADP
cblr-2902	1249	20	comparable	comparable	ADJ
cblr-2902	1249	21	companies	company	NOUN
cblr-2902	1249	22	that	that	PRON
cblr-2902	1249	23	did	do	AUX
cblr-2902	1249	24	not	not	PART
cblr-2902	1249	25	engage	engage	VERB
cblr-2902	1249	26	in	in	ADP
cblr-2902	1249	27	a	a	DET
cblr-2902	1249	28	similar	similar	ADJ
cblr-2902	1249	29	allegedly	allegedly	ADV
cblr-2902	1249	30	fraudulent	fraudulent	ADJ
cblr-2902	1249	31	transfer	transfer	NOUN
cblr-2902	1249	32	,	,	PUNCT
cblr-2902	1249	33	then	then	ADV
cblr-2902	1249	34	the	the	DET
cblr-2902	1249	35	increase	increase	NOUN
cblr-2902	1249	36	in	in	ADP
cblr-2902	1249	37	the	the	DET
cblr-2902	1249	38	spread	spread	NOUN
cblr-2902	1249	39	over	over	ADP
cblr-2902	1249	40	comparable	comparable	ADJ
cblr-2902	1249	41	companies	company	NOUN
cblr-2902	1249	42	suggests	suggest	VERB
cblr-2902	1249	43	the	the	DET
cblr-2902	1249	44	extent	extent	NOUN
cblr-2902	1249	45	to	to	PART
cblr-2902	1249	46	which	which	PRON
cblr-2902	1249	47	the	the	DET
cblr-2902	1249	48	allegedly	allegedly	ADV
cblr-2902	1249	49	fraudulent	fraudulent	ADJ
cblr-2902	1249	50	transfer	transfer	NOUN
cblr-2902	1249	51	increased	increase	VERB
cblr-2902	1249	52	the	the	DET
cblr-2902	1249	53	debtor	debtor	NOUN
cblr-2902	1249	54	's	's	PART
cblr-2902	1249	55	risk	risk	NOUN
cblr-2902	1249	56	of	of	ADP
cblr-2902	1249	57	default	default	NOUN
cblr-2902	1249	58	.	.	PUNCT
cblr-2902	1250	1	approaches	approach	VERB
cblr-2902	1250	2	similar	similar	ADJ
cblr-2902	1250	3	to	to	ADP
cblr-2902	1250	4	this	this	PRON
cblr-2902	1250	5	are	be	AUX
cblr-2902	1250	6	frequently	frequently	ADV
cblr-2902	1250	7	used	use	VERB
cblr-2902	1250	8	by	by	ADP
cblr-2902	1250	9	finance	finance	NOUN
cblr-2902	1250	10	professionals	professional	NOUN
cblr-2902	1250	11	.	.	PUNCT
cblr-2902	1251	1	major	major	ADJ
cblr-2902	1251	2	benefits	benefit	NOUN
cblr-2902	1251	3	of	of	ADP
cblr-2902	1251	4	this	this	DET
cblr-2902	1251	5	approach	approach	NOUN
cblr-2902	1251	6	are	be	AUX
cblr-2902	1251	7	that	that	SCONJ
cblr-2902	1251	8	the	the	DET
cblr-2902	1251	9	math	math	NOUN
cblr-2902	1251	10	is	be	AUX
cblr-2902	1251	11	straightforward	straightforward	ADJ
cblr-2902	1251	12	and	and	CCONJ
cblr-2902	1251	13	the	the	DET
cblr-2902	1251	14	analysis	analysis	NOUN
cblr-2902	1251	15	can	can	AUX
cblr-2902	1251	16	be	be	AUX
cblr-2902	1251	17	understood	understand	VERB
cblr-2902	1251	18	by	by	ADP
cblr-2902	1251	19	viewing	view	VERB
cblr-2902	1251	20	a	a	DET
cblr-2902	1251	21	simple	simple	ADJ
cblr-2902	1251	22	line	line	NOUN
cblr-2902	1251	23	graph	graph	NOUN
cblr-2902	1251	24	showing	show	VERB
cblr-2902	1251	25	credit	credit	NOUN
cblr-2902	1251	26	spreads	spread	NOUN
cblr-2902	1251	27	of	of	ADP
cblr-2902	1251	28	several	several	ADJ
cblr-2902	1251	29	companies	company	NOUN
cblr-2902	1251	30	over	over	ADP
cblr-2902	1251	31	time	time	NOUN
cblr-2902	1251	32	and	and	CCONJ
cblr-2902	1251	33	the	the	DET
cblr-2902	1251	34	timing	timing	NOUN
cblr-2902	1251	35	of	of	ADP
cblr-2902	1251	36	the	the	DET
cblr-2902	1251	37	allegedly	allegedly	ADV
cblr-2902	1251	38	fraudulent	fraudulent	ADJ
cblr-2902	1251	39	transfer	transfer	NOUN
cblr-2902	1251	40	.	.	PUNCT
cblr-2902	1252	1	although	although	SCONJ
cblr-2902	1252	2	this	this	DET
cblr-2902	1252	3	approach	approach	NOUN
cblr-2902	1252	4	entails	entail	VERB
cblr-2902	1252	5	subjectivity	subjectivity	NOUN
cblr-2902	1252	6	in	in	ADP
cblr-2902	1252	7	the	the	DET
cblr-2902	1252	8	selection	selection	NOUN
cblr-2902	1252	9	of	of	ADP
cblr-2902	1252	10	"	"	PUNCT
cblr-2902	1252	11	comparable	comparable	ADJ
cblr-2902	1252	12	"	"	PUNCT
cblr-2902	1252	13	companies	company	NOUN
cblr-2902	1252	14	,	,	PUNCT
cblr-2902	1252	15	it	it	PRON
cblr-2902	1252	16	is	be	AUX
cblr-2902	1252	17	no	no	PRON
cblr-2902	1252	18	more	more	ADV
cblr-2902	1252	19	subjective	subjective	ADJ
cblr-2902	1252	20	than	than	SCONJ
cblr-2902	1252	21	the	the	DET
cblr-2902	1252	22	comparable	comparable	ADJ
cblr-2902	1252	23	companies	company	NOUN
cblr-2902	1252	24	multiples	multiple	VERB
cblr-2902	1252	25	analysis	analysis	NOUN
cblr-2902	1252	26	currently	currently	ADV
cblr-2902	1252	27	used	use	VERB
cblr-2902	1252	28	by	by	ADP
cblr-2902	1252	29	the	the	DET
cblr-2902	1252	30	courts	court	NOUN
cblr-2902	1252	31	for	for	ADP
cblr-2902	1252	32	valuation	valuation	NOUN
cblr-2902	1252	33	in	in	ADP
cblr-2902	1252	34	the	the	DET
cblr-2902	1252	35	fraudulent	fraudulent	ADJ
cblr-2902	1252	36	transfer	transfer	NOUN
cblr-2902	1252	37	context	context	NOUN
cblr-2902	1252	38	.	.	PUNCT
cblr-2902	1253	1	a	a	DET
cblr-2902	1253	2	third	third	ADJ
cblr-2902	1253	3	approach	approach	NOUN
cblr-2902	1253	4	,	,	PUNCT
cblr-2902	1253	5	favored	favor	VERB
cblr-2902	1253	6	by	by	ADP
cblr-2902	1253	7	academic	academic	ADJ
cblr-2902	1253	8	economists	economist	NOUN
cblr-2902	1253	9	,	,	PUNCT
cblr-2902	1253	10	is	be	AUX
cblr-2902	1253	11	to	to	PART
cblr-2902	1253	12	use	use	VERB
cblr-2902	1253	13	mathematically	mathematically	ADV
cblr-2902	1253	14	complex	complex	ADJ
cblr-2902	1253	15	models	model	NOUN
cblr-2902	1253	16	to	to	PART
cblr-2902	1253	17	attempt	attempt	VERB
cblr-2902	1253	18	to	to	PART
cblr-2902	1253	19	isolate	isolate	VERB
cblr-2902	1253	20	the	the	DET
cblr-2902	1253	21	portion	portion	NOUN
cblr-2902	1253	22	of	of	ADP
cblr-2902	1253	23	the	the	DET
cblr-2902	1253	24	bond	bond	NOUN
cblr-2902	1253	25	spread	spread	NOUN
cblr-2902	1253	26	that	that	PRON
cblr-2902	1253	27	is	be	AUX
cblr-2902	1253	28	due	due	ADJ
cblr-2902	1253	29	to	to	PART
cblr-2902	1253	30	default	default	VERB
cblr-2902	1253	31	risk	risk	NOUN
cblr-2902	1253	32	and	and	CCONJ
cblr-2902	1253	33	the	the	DET
cblr-2902	1253	34	portions	portion	NOUN
cblr-2902	1253	35	that	that	PRON
cblr-2902	1253	36	are	be	AUX
cblr-2902	1253	37	due	due	ADJ
cblr-2902	1253	38	to	to	ADP
cblr-2902	1253	39	other	other	ADJ
cblr-2902	1253	40	factors	factor	NOUN
cblr-2902	1253	41	.	.	PUNCT
cblr-2902	1254	1	this	this	DET
cblr-2902	1254	2	approach	approach	NOUN
cblr-2902	1254	3	is	be	AUX
cblr-2902	1254	4	far	far	ADV
cblr-2902	1254	5	more	more	ADV
cblr-2902	1254	6	challenging	challenging	ADJ
cblr-2902	1254	7	,	,	PUNCT
cblr-2902	1254	8	and	and	CCONJ
cblr-2902	1254	9	probably	probably	ADV
cblr-2902	1254	10	no	no	PRON
cblr-2902	1254	11	less	less	ADV
cblr-2902	1254	12	subjective	subjective	ADJ
cblr-2902	1254	13	,	,	PUNCT
cblr-2902	1254	14	given	give	VERB
cblr-2902	1254	15	the	the	DET
cblr-2902	1254	16	sensitivity	sensitivity	NOUN
cblr-2902	1254	17	of	of	ADP
cblr-2902	1254	18	the	the	DET
cblr-2902	1254	19	outcome	outcome	NOUN
cblr-2902	1254	20	to	to	ADP
cblr-2902	1254	21	the	the	DET
cblr-2902	1254	22	selection	selection	NOUN
cblr-2902	1254	23	of	of	ADP
cblr-2902	1254	24	a	a	DET
cblr-2902	1254	25	model	model	NOUN
cblr-2902	1254	26	and	and	CCONJ
cblr-2902	1254	27	the	the	DET
cblr-2902	1254	28	calibration	calibration	NOUN
cblr-2902	1254	29	of	of	ADP
cblr-2902	1254	30	that	that	DET
cblr-2902	1254	31	model	model	NOUN
cblr-2902	1254	32	.	.	PUNCT
cblr-2902	1255	1	because	because	SCONJ
cblr-2902	1255	2	of	of	ADP
cblr-2902	1255	3	the	the	DET
cblr-2902	1255	4	mathematical	mathematical	ADJ
cblr-2902	1255	5	complexity	complexity	NOUN
cblr-2902	1255	6	involved	involve	VERB
cblr-2902	1255	7	,	,	PUNCT
cblr-2902	1255	8	and	and	CCONJ
cblr-2902	1255	9	the	the	DET
cblr-2902	1255	10	way	way	NOUN
cblr-2902	1255	11	such	such	ADJ
cblr-2902	1255	12	complexity	complexity	NOUN
cblr-2902	1255	13	can	can	AUX
cblr-2902	1255	14	hide	hide	VERB
cblr-2902	1255	15	subjective	subjective	ADJ
cblr-2902	1255	16	judgments	judgment	NOUN
cblr-2902	1255	17	of	of	ADP
cblr-2902	1255	18	financial	financial	ADJ
cblr-2902	1255	19	experts	expert	NOUN
cblr-2902	1255	20	,	,	PUNCT
cblr-2902	1255	21	we	we	PRON
cblr-2902	1255	22	do	do	AUX
cblr-2902	1255	23	not	not	PART
cblr-2902	1255	24	recommend	recommend	VERB
cblr-2902	1255	25	that	that	SCONJ
cblr-2902	1255	26	courts	court	NOUN
cblr-2902	1255	27	adopt	adopt	VERB
cblr-2902	1255	28	this	this	DET
cblr-2902	1255	29	latter	latter	ADJ
cblr-2902	1255	30	approach	approach	NOUN
cblr-2902	1255	31	,	,	PUNCT
cblr-2902	1255	32	but	but	CCONJ
cblr-2902	1255	33	instead	instead	ADV
cblr-2902	1255	34	simply	simply	ADV
cblr-2902	1255	35	recognize	recognize	VERB
cblr-2902	1255	36	that	that	SCONJ
cblr-2902	1255	37	the	the	DET
cblr-2902	1255	38	true	true	ADJ
cblr-2902	1255	39	probability	probability	NOUN
cblr-2902	1255	40	of	of	ADP
cblr-2902	1255	41	default	default	NOUN
cblr-2902	1255	42	is	be	AUX
cblr-2902	1255	43	likely	likely	ADV
cblr-2902	1255	44	somewhat	somewhat	ADV
cblr-2902	1255	45	lower	low	ADJ
cblr-2902	1255	46	than	than	SCONJ
cblr-2902	1255	47	suggested	suggest	VERB
cblr-2902	1255	48	by	by	ADP
cblr-2902	1255	49	credit	credit	NOUN
cblr-2902	1255	50	spreads	spread	NOUN
cblr-2902	1255	51	.	.	PUNCT
cblr-2902	1256	1	d.	d.	PROPN
cblr-2902	1256	2	how	how	SCONJ
cblr-2902	1256	3	to	to	PART
cblr-2902	1256	4	calculate	calculate	VERB
cblr-2902	1256	5	the	the	DET
cblr-2902	1256	6	multiyear	multiyear	ADJ
cblr-2902	1256	7	cumulative	cumulative	ADJ
cblr-2902	1256	8	probability	probability	NOUN
cblr-2902	1256	9	of	of	ADP
cblr-2902	1256	10	default	default	NOUN
cblr-2902	1256	11	equation	equation	NOUN
cblr-2902	1256	12	2	2	NUM
cblr-2902	1256	13	,	,	PUNCT
cblr-2902	1256	14	equation	equation	NOUN
cblr-2902	1256	15	3	3	NUM
cblr-2902	1256	16	,	,	PUNCT
cblr-2902	1256	17	and	and	CCONJ
cblr-2902	1256	18	equation	equation	NOUN
cblr-2902	1256	19	4	4	NUM
cblr-2902	1256	20	express	express	VERB
cblr-2902	1256	21	the	the	DET
cblr-2902	1256	22	market	market	NOUN
cblr-2902	1256	23	-	-	PUNCT
cblr-2902	1256	24	implied	imply	VERB
cblr-2902	1256	25	probability	probability	NOUN
cblr-2902	1256	26	of	of	ADP
cblr-2902	1256	27	default	default	NOUN
cblr-2902	1256	28	over	over	ADP
cblr-2902	1256	29	one	one	NUM
cblr-2902	1256	30	year	year	NOUN
cblr-2902	1256	31	.	.	PUNCT
cblr-2902	1257	1	no	no	INTJ
cblr-2902	1257	2	.	.	NOUN
cblr-2902	1258	1	1	1	NUM
cblr-2902	1258	2	:	:	SYM
cblr-2902	1258	3	118	118	NUM
cblr-2902	1258	4	]	]	SYM
cblr-2902	1258	5	199	199	NUM
cblr-2902	1258	6	however	however	ADV
cblr-2902	1258	7	,	,	PUNCT
cblr-2902	1258	8	bankruptcy	bankruptcy	NOUN
cblr-2902	1258	9	courts	court	NOUN
cblr-2902	1258	10	deciding	decide	VERB
cblr-2902	1258	11	fraudulent	fraudulent	ADJ
cblr-2902	1258	12	transfer	transfer	NOUN
cblr-2902	1258	13	cases	case	NOUN
cblr-2902	1258	14	will	will	AUX
cblr-2902	1258	15	generally	generally	ADV
cblr-2902	1258	16	be	be	AUX
cblr-2902	1258	17	concerned	concern	VERB
cblr-2902	1258	18	with	with	ADP
cblr-2902	1258	19	the	the	DET
cblr-2902	1258	20	cumulative	cumulative	ADJ
cblr-2902	1258	21	probability	probability	NOUN
cblr-2902	1258	22	of	of	ADP
cblr-2902	1258	23	default	default	NOUN
cblr-2902	1258	24	over	over	ADP
cblr-2902	1258	25	a	a	DET
cblr-2902	1258	26	multi	multi	ADJ
cblr-2902	1258	27	-	-	ADJ
cblr-2902	1258	28	year	year	NOUN
cblr-2902	1258	29	period	period	NOUN
cblr-2902	1258	30	.	.	PUNCT
cblr-2902	1259	1	under	under	ADP
cblr-2902	1259	2	section	section	NOUN
cblr-2902	1259	3	548	548	NUM
cblr-2902	1259	4	of	of	ADP
cblr-2902	1259	5	the	the	DET
cblr-2902	1259	6	bankruptcy	bankruptcy	NOUN
cblr-2902	1259	7	code	code	PROPN
cblr-2902	1259	8	,	,	PUNCT
cblr-2902	1259	9	the	the	DET
cblr-2902	1259	10	clawback	clawback	NOUN
cblr-2902	1259	11	period	period	NOUN
cblr-2902	1259	12	for	for	ADP
cblr-2902	1259	13	fraudulent	fraudulent	ADJ
cblr-2902	1259	14	transfer	transfer	NOUN
cblr-2902	1259	15	claims	claim	NOUN
cblr-2902	1259	16	is	be	AUX
cblr-2902	1259	17	two	two	NUM
cblr-2902	1259	18	years	year	NOUN
cblr-2902	1259	19	.	.	PUNCT
cblr-2902	1260	1	under	under	ADP
cblr-2902	1260	2	section	section	NOUN
cblr-2902	1260	3	544	544	NUM
cblr-2902	1260	4	,	,	PUNCT
cblr-2902	1260	5	which	which	PRON
cblr-2902	1260	6	incorporates	incorporate	VERB
cblr-2902	1260	7	state	state	NOUN
cblr-2902	1260	8	fraudulent	fraudulent	ADJ
cblr-2902	1260	9	transfer	transfer	NOUN
cblr-2902	1260	10	and	and	CCONJ
cblr-2902	1260	11	fraudulent	fraudulent	ADJ
cblr-2902	1260	12	conveyance	conveyance	NOUN
cblr-2902	1260	13	statutes	statute	NOUN
cblr-2902	1260	14	,	,	PUNCT
cblr-2902	1260	15	the	the	DET
cblr-2902	1260	16	clawback	clawback	NOUN
cblr-2902	1260	17	depends	depend	VERB
cblr-2902	1260	18	on	on	ADP
cblr-2902	1260	19	state	state	NOUN
cblr-2902	1260	20	law	law	NOUN
cblr-2902	1260	21	but	but	CCONJ
cblr-2902	1260	22	will	will	AUX
cblr-2902	1260	23	often	often	ADV
cblr-2902	1260	24	be	be	AUX
cblr-2902	1260	25	four	four	NUM
cblr-2902	1260	26	to	to	PART
cblr-2902	1260	27	six	six	NUM
cblr-2902	1260	28	years	year	NOUN
cblr-2902	1260	29	.	.	PUNCT
cblr-2902	1261	1	it	it	PRON
cblr-2902	1261	2	therefore	therefore	ADV
cblr-2902	1261	3	makes	make	VERB
cblr-2902	1261	4	sense	sense	NOUN
cblr-2902	1261	5	for	for	SCONJ
cblr-2902	1261	6	courts	court	NOUN
cblr-2902	1261	7	deciding	decide	VERB
cblr-2902	1261	8	fraudulent	fraudulent	ADJ
cblr-2902	1261	9	transfer	transfer	NOUN
cblr-2902	1261	10	cases	case	NOUN
cblr-2902	1261	11	to	to	PART
cblr-2902	1261	12	consider	consider	VERB
cblr-2902	1261	13	the	the	DET
cblr-2902	1261	14	implied	imply	VERB
cblr-2902	1261	15	cumulative	cumulative	ADJ
cblr-2902	1261	16	probability	probability	NOUN
cblr-2902	1261	17	of	of	ADP
cblr-2902	1261	18	default	default	NOUN
cblr-2902	1261	19	over	over	ADP
cblr-2902	1261	20	the	the	DET
cblr-2902	1261	21	time	time	NOUN
cblr-2902	1261	22	period	period	NOUN
cblr-2902	1261	23	during	during	ADP
cblr-2902	1261	24	which	which	PRON
cblr-2902	1261	25	transferees	transferee	NOUN
cblr-2902	1261	26	may	may	AUX
cblr-2902	1261	27	be	be	AUX
cblr-2902	1261	28	liable	liable	ADJ
cblr-2902	1261	29	under	under	ADP
cblr-2902	1261	30	the	the	DET
cblr-2902	1261	31	relevant	relevant	ADJ
cblr-2902	1261	32	fraudulent	fraudulent	ADJ
cblr-2902	1261	33	transfer	transfer	NOUN
cblr-2902	1261	34	statute	statute	NOUN
cblr-2902	1261	35	.	.	PUNCT
cblr-2902	1262	1	thus	thus	ADV
cblr-2902	1262	2	,	,	PUNCT
cblr-2902	1262	3	for	for	ADP
cblr-2902	1262	4	a	a	DET
cblr-2902	1262	5	claim	claim	NOUN
cblr-2902	1262	6	under	under	ADP
cblr-2902	1262	7	section	section	NOUN
cblr-2902	1262	8	548	548	NUM
cblr-2902	1262	9	,	,	PUNCT
cblr-2902	1262	10	the	the	DET
cblr-2902	1262	11	courts	court	NOUN
cblr-2902	1262	12	should	should	AUX
cblr-2902	1262	13	consider	consider	VERB
cblr-2902	1262	14	the	the	DET
cblr-2902	1262	15	cumulative	cumulative	ADJ
cblr-2902	1262	16	probability	probability	NOUN
cblr-2902	1262	17	of	of	ADP
cblr-2902	1262	18	default	default	NOUN
cblr-2902	1262	19	from	from	ADP
cblr-2902	1262	20	the	the	DET
cblr-2902	1262	21	date	date	NOUN
cblr-2902	1262	22	of	of	ADP
cblr-2902	1262	23	the	the	DET
cblr-2902	1262	24	alleged	allege	VERB
cblr-2902	1262	25	fraudulent	fraudulent	ADJ
cblr-2902	1262	26	transfer	transfer	NOUN
cblr-2902	1262	27	to	to	ADP
cblr-2902	1262	28	two	two	NUM
cblr-2902	1262	29	years	year	NOUN
cblr-2902	1262	30	after	after	ADP
cblr-2902	1262	31	the	the	DET
cblr-2902	1262	32	alleged	allege	VERB
cblr-2902	1262	33	fraudulent	fraudulent	ADJ
cblr-2902	1262	34	transfer	transfer	NOUN
cblr-2902	1262	35	.	.	PUNCT
cblr-2902	1263	1	for	for	ADP
cblr-2902	1263	2	a	a	DET
cblr-2902	1263	3	claim	claim	NOUN
cblr-2902	1263	4	under	under	ADP
cblr-2902	1263	5	section	section	NOUN
cblr-2902	1263	6	544	544	NUM
cblr-2902	1263	7	and	and	CCONJ
cblr-2902	1263	8	new	new	PROPN
cblr-2902	1263	9	york	york	PROPN
cblr-2902	1263	10	fraudulent	fraudulent	ADJ
cblr-2902	1263	11	conveyance	conveyance	NOUN
cblr-2902	1263	12	law	law	NOUN
cblr-2902	1263	13	,	,	PUNCT
cblr-2902	1263	14	the	the	DET
cblr-2902	1263	15	courts	court	NOUN
cblr-2902	1263	16	should	should	AUX
cblr-2902	1263	17	consider	consider	VERB
cblr-2902	1263	18	the	the	DET
cblr-2902	1263	19	cumulative	cumulative	ADJ
cblr-2902	1263	20	probability	probability	NOUN
cblr-2902	1263	21	of	of	ADP
cblr-2902	1263	22	default	default	NOUN
cblr-2902	1263	23	from	from	ADP
cblr-2902	1263	24	the	the	DET
cblr-2902	1263	25	date	date	NOUN
cblr-2902	1263	26	of	of	ADP
cblr-2902	1263	27	the	the	DET
cblr-2902	1263	28	alleged	allege	VERB
cblr-2902	1263	29	fraudulent	fraudulent	ADJ
cblr-2902	1263	30	transfer	transfer	NOUN
cblr-2902	1263	31	to	to	ADP
cblr-2902	1263	32	six	six	NUM
cblr-2902	1263	33	years	year	NOUN
cblr-2902	1263	34	after	after	ADP
cblr-2902	1263	35	the	the	DET
cblr-2902	1263	36	alleged	allege	VERB
cblr-2902	1263	37	fraudulent	fraudulent	ADJ
cblr-2902	1263	38	transfer	transfer	NOUN
cblr-2902	1263	39	.	.	PUNCT
cblr-2902	1264	1	the	the	DET
cblr-2902	1264	2	ideal	ideal	ADJ
cblr-2902	1264	3	way	way	NOUN
cblr-2902	1264	4	to	to	PART
cblr-2902	1264	5	calculate	calculate	VERB
cblr-2902	1264	6	the	the	DET
cblr-2902	1264	7	market	market	NOUN
cblr-2902	1264	8	implied	imply	VERB
cblr-2902	1264	9	probability	probability	NOUN
cblr-2902	1264	10	of	of	ADP
cblr-2902	1264	11	default	default	NOUN
cblr-2902	1264	12	over	over	ADP
cblr-2902	1264	13	such	such	DET
cblr-2902	1264	14	a	a	DET
cblr-2902	1264	15	multi	multi	ADJ
cblr-2902	1264	16	-	-	ADJ
cblr-2902	1264	17	year	year	NOUN
cblr-2902	1264	18	period	period	NOUN
cblr-2902	1264	19	is	be	AUX
cblr-2902	1264	20	to	to	PART
cblr-2902	1264	21	calculate	calculate	VERB
cblr-2902	1264	22	the	the	DET
cblr-2902	1264	23	credit	credit	NOUN
cblr-2902	1264	24	spread	spread	VERB
cblr-2902	1264	25	from	from	ADP
cblr-2902	1264	26	corporate	corporate	ADJ
cblr-2902	1264	27	bonds	bond	NOUN
cblr-2902	1264	28	or	or	CCONJ
cblr-2902	1264	29	credit	credit	NOUN
cblr-2902	1264	30	default	default	NOUN
cblr-2902	1264	31	swaps	swap	NOUN
cblr-2902	1264	32	whose	whose	DET
cblr-2902	1264	33	maturity	maturity	NOUN
cblr-2902	1264	34	date	date	NOUN
cblr-2902	1264	35	,	,	PUNCT
cblr-2902	1264	36	at	at	ADP
cblr-2902	1264	37	the	the	DET
cblr-2902	1264	38	date	date	NOUN
cblr-2902	1264	39	of	of	ADP
cblr-2902	1264	40	the	the	DET
cblr-2902	1264	41	alleged	allege	VERB
cblr-2902	1264	42	fraudulent	fraudulent	ADJ
cblr-2902	1264	43	transfer	transfer	NOUN
cblr-2902	1264	44	,	,	PUNCT
cblr-2902	1264	45	matched	match	VERB
cblr-2902	1264	46	the	the	DET
cblr-2902	1264	47	relevant	relevant	ADJ
cblr-2902	1264	48	fraudulent	fraudulent	ADJ
cblr-2902	1264	49	transfer	transfer	NOUN
cblr-2902	1264	50	period	period	NOUN
cblr-2902	1264	51	.	.	PUNCT
cblr-2902	1265	1	for	for	ADP
cblr-2902	1265	2	example	example	NOUN
cblr-2902	1265	3	,	,	PUNCT
cblr-2902	1265	4	suppose	suppose	VERB
cblr-2902	1265	5	the	the	DET
cblr-2902	1265	6	alleged	allege	VERB
cblr-2902	1265	7	fraudulent	fraudulent	ADJ
cblr-2902	1265	8	transfer	transfer	NOUN
cblr-2902	1265	9	took	take	VERB
cblr-2902	1265	10	place	place	NOUN
cblr-2902	1265	11	on	on	ADP
cblr-2902	1265	12	january	january	PROPN
cblr-2902	1265	13	1	1	NUM
cblr-2902	1265	14	,	,	PUNCT
cblr-2902	1265	15	2009	2009	NUM
cblr-2902	1265	16	and	and	CCONJ
cblr-2902	1265	17	the	the	DET
cblr-2902	1265	18	applicable	applicable	ADJ
cblr-2902	1265	19	fraudulent	fraudulent	ADJ
cblr-2902	1265	20	transfer	transfer	NOUN
cblr-2902	1265	21	statute	statute	NOUN
cblr-2902	1265	22	extended	extend	VERB
cblr-2902	1265	23	fraudulent	fraudulent	ADJ
cblr-2902	1265	24	transfer	transfer	NOUN
cblr-2902	1265	25	liability	liability	NOUN
cblr-2902	1265	26	for	for	ADP
cblr-2902	1265	27	two	two	NUM
cblr-2902	1265	28	years	year	NOUN
cblr-2902	1265	29	.	.	PUNCT
cblr-2902	1266	1	the	the	DET
cblr-2902	1266	2	court	court	NOUN
cblr-2902	1266	3	would	would	AUX
cblr-2902	1266	4	ideally	ideally	ADV
cblr-2902	1266	5	calculate	calculate	VERB
cblr-2902	1266	6	the	the	DET
cblr-2902	1266	7	spread	spread	NOUN
cblr-2902	1266	8	between	between	ADP
cblr-2902	1266	9	the	the	DET
cblr-2902	1266	10	historical	historical	ADJ
cblr-2902	1266	11	yield	yield	NOUN
cblr-2902	1266	12	,	,	PUNCT
cblr-2902	1266	13	on	on	ADP
cblr-2902	1266	14	january	january	PROPN
cblr-2902	1266	15	1	1	NUM
cblr-2902	1266	16	,	,	PUNCT
cblr-2902	1266	17	2009	2009	NUM
cblr-2902	1266	18	,	,	PUNCT
cblr-2902	1266	19	of	of	ADP
cblr-2902	1266	20	a	a	DET
cblr-2902	1266	21	noncallable	noncallable	ADJ
cblr-2902	1266	22	bond	bond	NOUN
cblr-2902	1266	23	of	of	ADP
cblr-2902	1266	24	the	the	DET
cblr-2902	1266	25	debtor	debtor	NOUN
cblr-2902	1266	26	set	set	VERB
cblr-2902	1266	27	to	to	PART
cblr-2902	1266	28	mature	mature	VERB
cblr-2902	1266	29	on	on	ADP
cblr-2902	1266	30	january	january	PROPN
cblr-2902	1266	31	1	1	NUM
cblr-2902	1266	32	,	,	PUNCT
cblr-2902	1266	33	2011	2011	NUM
cblr-2902	1266	34	and	and	CCONJ
cblr-2902	1266	35	an	an	DET
cblr-2902	1266	36	appropriate	appropriate	ADJ
cblr-2902	1266	37	historical	historical	ADJ
cblr-2902	1266	38	risk	risk	NOUN
cblr-2902	1266	39	-	-	PUNCT
cblr-2902	1266	40	free	free	ADJ
cblr-2902	1266	41	rate	rate	NOUN
cblr-2902	1266	42	,	,	PUNCT
cblr-2902	1266	43	such	such	ADJ
cblr-2902	1266	44	as	as	ADP
cblr-2902	1266	45	a	a	DET
cblr-2902	1266	46	treasury	treasury	NOUN
cblr-2902	1266	47	bond	bond	NOUN
cblr-2902	1266	48	whose	whose	DET
cblr-2902	1266	49	term	term	NOUN
cblr-2902	1266	50	structure	structure	NOUN
cblr-2902	1266	51	matched	match	VERB
cblr-2902	1266	52	the	the	DET
cblr-2902	1266	53	corporate	corporate	ADJ
cblr-2902	1266	54	bond	bond	NOUN
cblr-2902	1266	55	and	and	CCONJ
cblr-2902	1266	56	which	which	PRON
cblr-2902	1266	57	was	be	AUX
cblr-2902	1266	58	set	set	VERB
cblr-2902	1266	59	to	to	PART
cblr-2902	1266	60	mature	mature	VERB
cblr-2902	1266	61	on	on	ADP
cblr-2902	1266	62	january	january	PROPN
cblr-2902	1266	63	1	1	NUM
cblr-2902	1266	64	,	,	PUNCT
cblr-2902	1266	65	2011	2011	NUM
cblr-2902	1266	66	.	.	PUNCT
cblr-2902	1267	1	alternatively	alternatively	ADV
cblr-2902	1267	2	,	,	PUNCT
cblr-2902	1267	3	the	the	DET
cblr-2902	1267	4	court	court	NOUN
cblr-2902	1267	5	could	could	AUX
cblr-2902	1267	6	try	try	VERB
cblr-2902	1267	7	to	to	PART
cblr-2902	1267	8	look	look	VERB
cblr-2902	1267	9	at	at	ADP
cblr-2902	1267	10	the	the	DET
cblr-2902	1267	11	spread	spread	NOUN
cblr-2902	1267	12	on	on	ADP
cblr-2902	1267	13	a	a	DET
cblr-2902	1267	14	two	two	NUM
cblr-2902	1267	15	-	-	PUNCT
cblr-2902	1267	16	year	year	NOUN
cblr-2902	1267	17	credit	credit	NOUN
cblr-2902	1267	18	default	default	NOUN
cblr-2902	1267	19	swap	swap	NOUN
cblr-2902	1267	20	set	set	VERB
cblr-2902	1267	21	to	to	PART
cblr-2902	1267	22	mature	mature	VERB
cblr-2902	1267	23	on	on	ADP
cblr-2902	1267	24	january	january	PROPN
cblr-2902	1267	25	1	1	NUM
cblr-2902	1267	26	,	,	PUNCT
cblr-2902	1267	27	2011	2011	NUM
cblr-2902	1267	28	.	.	PUNCT
cblr-2902	1268	1	to	to	PART
cblr-2902	1268	2	calculate	calculate	VERB
cblr-2902	1268	3	the	the	DET
cblr-2902	1268	4	cumulative	cumulative	ADJ
cblr-2902	1268	5	probability	probability	NOUN
cblr-2902	1268	6	of	of	ADP
cblr-2902	1268	7	default	default	NOUN
cblr-2902	1268	8	over	over	ADP
cblr-2902	1268	9	a	a	DET
cblr-2902	1268	10	multi	multi	ADJ
cblr-2902	1268	11	-	-	ADJ
cblr-2902	1268	12	year	year	NOUN
cblr-2902	1268	13	period	period	NOUN
cblr-2902	1268	14	based	base	VERB
cblr-2902	1268	15	on	on	ADP
cblr-2902	1268	16	a	a	DET
cblr-2902	1268	17	single	single	ADJ
cblr-2902	1268	18	year	year	NOUN
cblr-2902	1268	19	probability	probability	NOUN
cblr-2902	1268	20	of	of	ADP
cblr-2902	1268	21	col	col	PROPN
cblr-2902	1268	22	uamia	uamia	PROPN
cblr-2902	1268	23	b	b	PROPN
cblr-2902	1269	1	usiness	usiness	PROPN
cblr-2902	1269	2	la	la	PROPN
cblr-2902	1269	3	wre	wre	PROPN
cblr-2902	1269	4	vie	vie	PROPN
cblr-2902	1269	5	w	w	PROPN
cblr-2902	1270	1	[	[	X
cblr-2902	1270	2	vol	vol	NOUN
cblr-2902	1270	3	.	.	PUNCT
cblr-2902	1270	4	2011200	2011200	NUM
cblr-2902	1270	5	leveraged	leveraged	ADJ
cblr-2902	1270	6	buyout	buyout	NOUN
cblr-2902	1270	7	bankruptcies	bankruptcy	NOUN
cblr-2902	1270	8	default	default	NOUN
cblr-2902	1270	9	equation	equation	NOUN
cblr-2902	1270	10	-	-	PUNCT
cblr-2902	1270	11	such	such	ADJ
cblr-2902	1270	12	as	as	ADP
cblr-2902	1270	13	equation	equation	NOUN
cblr-2902	1270	14	2	2	NUM
cblr-2902	1270	15	,	,	PUNCT
cblr-2902	1270	16	equation	equation	NOUN
cblr-2902	1270	17	3	3	NUM
cblr-2902	1270	18	,	,	PUNCT
cblr-2902	1270	19	or	or	CCONJ
cblr-2902	1270	20	equation	equation	NOUN
cblr-2902	1270	21	4	4	NUM
cblr-2902	1270	22	-	-	NUM
cblr-2902	1270	23	the	the	DET
cblr-2902	1270	24	following	follow	VERB
cblr-2902	1270	25	equations	equation	NOUN
cblr-2902	1270	26	may	may	AUX
cblr-2902	1270	27	be	be	AUX
cblr-2902	1270	28	used	use	VERB
cblr-2902	1270	29	:	:	PUNCT
cblr-2902	1270	30	equation	equation	NOUN
cblr-2902	1270	31	5	5	NUM
cblr-2902	1270	32	d2	d2	PROPN
cblr-2902	1270	33	cum=	cum=	PROPN
cblr-2902	1270	34	di+	di+	PROPN
cblr-2902	1270	35	(	(	PUNCT
cblr-2902	1270	36	1	1	NUM
cblr-2902	1270	37	d	d	NOUN
cblr-2902	1270	38	)	)	PUNCT
cblr-2902	1270	39	*	*	PUNCT
cblr-2902	1271	1	d2	d2	PROPN
cblr-2902	1271	2	d	d	NOUN
cblr-2902	1271	3	2	2	NUM
cblr-2902	1271	4	cum=	cum=	PROPN
cblr-2902	1271	5	cumulative	cumulative	ADJ
cblr-2902	1271	6	probability	probability	NOUN
cblr-2902	1271	7	of	of	ADP
cblr-2902	1271	8	default	default	NOUN
cblr-2902	1271	9	within	within	ADP
cblr-2902	1271	10	two	two	NUM
cblr-2902	1271	11	years	year	NOUN
cblr-2902	1271	12	after	after	ADP
cblr-2902	1271	13	the	the	DET
cblr-2902	1271	14	transaction	transaction	NOUN
cblr-2902	1271	15	,	,	PUNCT
cblr-2902	1271	16	i.e.	i.e.	X
cblr-2902	1271	17	,	,	PUNCT
cblr-2902	1271	18	a	a	DET
cblr-2902	1271	19	default	default	NOUN
cblr-2902	1271	20	in	in	ADP
cblr-2902	1271	21	either	either	DET
cblr-2902	1271	22	year	year	NOUN
cblr-2902	1271	23	1	1	NUM
cblr-2902	1271	24	or	or	CCONJ
cblr-2902	1271	25	year	year	NOUN
cblr-2902	1271	26	2	2	NUM
cblr-2902	1271	27	.	.	PUNCT
cblr-2902	1272	1	d	d	NOUN
cblr-2902	1272	2	=	=	SYM
cblr-2902	1272	3	probability	probability	NOUN
cblr-2902	1272	4	of	of	ADP
cblr-2902	1272	5	default	default	NOUN
cblr-2902	1272	6	in	in	ADP
cblr-2902	1272	7	year	year	NOUN
cblr-2902	1272	8	1	1	NUM
cblr-2902	1272	9	after	after	ADP
cblr-2902	1272	10	the	the	DET
cblr-2902	1272	11	transaction	transaction	NOUN
cblr-2902	1272	12	d2	d2	PROPN
cblr-2902	1272	13	=	=	PUNCT
cblr-2902	1272	14	probability	probability	NOUN
cblr-2902	1272	15	of	of	ADP
cblr-2902	1272	16	default	default	NOUN
cblr-2902	1272	17	in	in	ADP
cblr-2902	1272	18	year	year	NOUN
cblr-2902	1272	19	2	2	NUM
cblr-2902	1272	20	after	after	ADP
cblr-2902	1272	21	the	the	DET
cblr-2902	1272	22	transaction	transaction	NOUN
cblr-2902	1272	23	equation	equation	NOUN
cblr-2902	1272	24	6	6	NUM
cblr-2902	1272	25	d	d	SYM
cblr-2902	1272	26	3	3	NUM
cblr-2902	1272	27	cum	cum	NOUN
cblr-2902	1272	28	=	=	PROPN
cblr-2902	1272	29	d	d	SYM
cblr-2902	1272	30	2	2	NUM
cblr-2902	1272	31	cum	cum	NOUN
cblr-2902	1272	32	+	+	CCONJ
cblr-2902	1272	33	(	(	PUNCT
cblr-2902	1272	34	1	1	NUM
cblr-2902	1272	35	dum	dum	NOUN
cblr-2902	1272	36	)	)	PUNCT
cblr-2902	1272	37	*	*	PUNCT
cblr-2902	1273	1	d	d	X
cblr-2902	1273	2	,	,	PUNCT
cblr-2902	1273	3	d3	d3	PROPN
cblr-2902	1273	4	cum=	cum=	PROPN
cblr-2902	1273	5	cumulative	cumulative	ADJ
cblr-2902	1273	6	probability	probability	NOUN
cblr-2902	1273	7	of	of	ADP
cblr-2902	1273	8	default	default	NOUN
cblr-2902	1273	9	within	within	ADP
cblr-2902	1273	10	three	three	NUM
cblr-2902	1273	11	years	year	NOUN
cblr-2902	1273	12	after	after	ADP
cblr-2902	1273	13	the	the	DET
cblr-2902	1273	14	transaction	transaction	NOUN
cblr-2902	1273	15	,	,	PUNCT
cblr-2902	1273	16	i.e.	i.e.	X
cblr-2902	1273	17	,	,	PUNCT
cblr-2902	1273	18	a	a	DET
cblr-2902	1273	19	default	default	NOUN
cblr-2902	1273	20	in	in	ADP
cblr-2902	1273	21	either	either	DET
cblr-2902	1273	22	year	year	NOUN
cblr-2902	1273	23	1	1	NUM
cblr-2902	1273	24	,	,	PUNCT
cblr-2902	1273	25	year	year	NOUN
cblr-2902	1273	26	2	2	NUM
cblr-2902	1273	27	,	,	PUNCT
cblr-2902	1273	28	or	or	CCONJ
cblr-2902	1273	29	year	year	NOUN
cblr-2902	1273	30	3	3	NUM
cblr-2902	1273	31	.	.	PUNCT
cblr-2902	1274	1	the	the	DET
cblr-2902	1274	2	formula	formula	NOUN
cblr-2902	1274	3	may	may	AUX
cblr-2902	1274	4	be	be	AUX
cblr-2902	1274	5	extended	extend	VERB
cblr-2902	1274	6	over	over	ADP
cblr-2902	1274	7	as	as	ADV
cblr-2902	1274	8	many	many	ADJ
cblr-2902	1274	9	years	year	NOUN
cblr-2902	1274	10	as	as	ADP
cblr-2902	1274	11	necessary	necessary	ADJ
cblr-2902	1274	12	,	,	PUNCT
cblr-2902	1274	13	with	with	ADP
cblr-2902	1274	14	t	t	PROPN
cblr-2902	1274	15	as	as	ADP
cblr-2902	1274	16	the	the	DET
cblr-2902	1274	17	number	number	NOUN
cblr-2902	1274	18	of	of	ADP
cblr-2902	1274	19	years	year	NOUN
cblr-2902	1274	20	,	,	PUNCT
cblr-2902	1274	21	as	as	SCONJ
cblr-2902	1274	22	follows	follow	VERB
cblr-2902	1274	23	:	:	PUNCT
cblr-2902	1274	24	equation	equation	NOUN
cblr-2902	1274	25	7	7	NUM
cblr-2902	1274	26	dt	dt	NOUN
cblr-2902	1274	27	cum=	cum=	PROPN
cblr-2902	1274	28	dt-1	dt-1	VERB
cblr-2902	1274	29	cum	cum	NOUN
cblr-2902	1274	30	+	+	CCONJ
cblr-2902	1274	31	(	(	PUNCT
cblr-2902	1274	32	1	1	NUM
cblr-2902	1274	33	de	de	X
cblr-2902	1274	34	.ucm	.ucm	PUNCT
cblr-2902	1274	35	)	)	PUNCT
cblr-2902	1274	36	*	*	PUNCT
cblr-2902	1275	1	dt	dt	ADP
cblr-2902	1275	2	using	use	VERB
cblr-2902	1275	3	equation	equation	NOUN
cblr-2902	1275	4	5	5	NUM
cblr-2902	1275	5	,	,	PUNCT
cblr-2902	1275	6	equation	equation	NOUN
cblr-2902	1275	7	6	6	NUM
cblr-2902	1275	8	,	,	PUNCT
cblr-2902	1275	9	or	or	CCONJ
cblr-2902	1275	10	equation	equation	NOUN
cblr-2902	1275	11	7	7	NUM
cblr-2902	1275	12	,	,	PUNCT
cblr-2902	1275	13	as	as	ADV
cblr-2902	1275	14	long	long	ADV
cblr-2902	1275	15	as	as	SCONJ
cblr-2902	1275	16	the	the	DET
cblr-2902	1275	17	probability	probability	NOUN
cblr-2902	1275	18	of	of	ADP
cblr-2902	1275	19	default	default	NOUN
cblr-2902	1275	20	in	in	ADP
cblr-2902	1275	21	each	each	DET
cblr-2902	1275	22	individual	individual	ADJ
cblr-2902	1275	23	year	year	NOUN
cblr-2902	1275	24	is	be	AUX
cblr-2902	1275	25	greater	great	ADJ
cblr-2902	1275	26	than	than	ADP
cblr-2902	1275	27	zero	zero	NUM
cblr-2902	1275	28	but	but	CCONJ
cblr-2902	1275	29	less	less	ADJ
cblr-2902	1275	30	than	than	ADP
cblr-2902	1275	31	100	100	NUM
cblr-2902	1275	32	%	%	NOUN
cblr-2902	1275	33	,	,	PUNCT
cblr-2902	1275	34	the	the	DET
cblr-2902	1275	35	cumulative	cumulative	ADJ
cblr-2902	1275	36	probability	probability	NOUN
cblr-2902	1275	37	of	of	ADP
cblr-2902	1275	38	default	default	NOUN
cblr-2902	1275	39	will	will	AUX
cblr-2902	1275	40	increase	increase	VERB
cblr-2902	1275	41	with	with	ADP
cblr-2902	1275	42	additional	additional	ADJ
cblr-2902	1275	43	years	year	NOUN
cblr-2902	1275	44	,	,	PUNCT
cblr-2902	1275	45	approaching	approach	VERB
cblr-2902	1275	46	but	but	CCONJ
cblr-2902	1275	47	never	never	ADV
cblr-2902	1275	48	reaching	reach	VERB
cblr-2902	1275	49	100	100	NUM
cblr-2902	1275	50	%	%	NOUN
cblr-2902	1275	51	.	.	PUNCT
cblr-2902	1276	1	caution	caution	NOUN
cblr-2902	1276	2	should	should	AUX
cblr-2902	1276	3	be	be	AUX
cblr-2902	1276	4	exercised	exercise	VERB
cblr-2902	1276	5	when	when	SCONJ
cblr-2902	1276	6	extrapolating	extrapolate	VERB
cblr-2902	1276	7	a	a	DET
cblr-2902	1276	8	cumulative	cumulative	ADJ
cblr-2902	1276	9	probability	probability	NOUN
cblr-2902	1276	10	of	of	ADP
cblr-2902	1276	11	default	default	NOUN
cblr-2902	1276	12	over	over	ADP
cblr-2902	1276	13	many	many	ADJ
cblr-2902	1276	14	years	year	NOUN
cblr-2902	1276	15	from	from	ADP
cblr-2902	1276	16	a	a	DET
cblr-2902	1276	17	spread	spread	NOUN
cblr-2902	1276	18	based	base	VERB
cblr-2902	1276	19	on	on	ADP
cblr-2902	1276	20	bonds	bond	NOUN
cblr-2902	1276	21	or	or	CCONJ
cblr-2902	1276	22	credit	credit	NOUN
cblr-2902	1276	23	default	default	NOUN
cblr-2902	1276	24	swaps	swap	NOUN
cblr-2902	1276	25	of	of	ADP
cblr-2902	1276	26	a	a	DET
cblr-2902	1276	27	single	single	ADJ
cblr-2902	1276	28	,	,	PUNCT
cblr-2902	1276	29	relatively	relatively	ADV
cblr-2902	1276	30	short	short	ADJ
cblr-2902	1276	31	term	term	NOUN
cblr-2902	1276	32	.	.	PUNCT
cblr-2902	1277	1	caution	caution	NOUN
cblr-2902	1277	2	is	be	AUX
cblr-2902	1277	3	advised	advise	VERB
cblr-2902	1277	4	because	because	SCONJ
cblr-2902	1277	5	the	the	DET
cblr-2902	1277	6	probability	probability	NOUN
cblr-2902	1277	7	of	of	ADP
cblr-2902	1277	8	default	default	NOUN
cblr-2902	1277	9	may	may	AUX
cblr-2902	1277	10	be	be	AUX
cblr-2902	1277	11	higher	high	ADJ
cblr-2902	1277	12	in	in	ADP
cblr-2902	1277	13	some	some	DET
cblr-2902	1277	14	years	year	NOUN
cblr-2902	1277	15	than	than	ADP
cblr-2902	1277	16	in	in	ADP
cblr-2902	1277	17	others	other	NOUN
cblr-2902	1277	18	.	.	PUNCT
cblr-2902	1278	1	for	for	ADP
cblr-2902	1278	2	example	example	NOUN
cblr-2902	1278	3	,	,	PUNCT
cblr-2902	1278	4	if	if	SCONJ
cblr-2902	1278	5	a	a	DET
cblr-2902	1278	6	debtor	debtor	NOUN
cblr-2902	1278	7	corporation	corporation	NOUN
cblr-2902	1278	8	has	have	VERB
cblr-2902	1278	9	a	a	DET
cblr-2902	1278	10	large	large	ADJ
cblr-2902	1278	11	term	term	NOUN
cblr-2902	1278	12	loan	loan	NOUN
cblr-2902	1278	13	principal	principal	ADJ
cblr-2902	1278	14	payment	payment	NOUN
cblr-2902	1278	15	due	due	ADJ
cblr-2902	1278	16	in	in	ADP
cblr-2902	1278	17	year	year	NOUN
cblr-2902	1278	18	3	3	NUM
cblr-2902	1278	19	,	,	PUNCT
cblr-2902	1278	20	market	market	NOUN
cblr-2902	1278	21	participants	participant	NOUN
cblr-2902	1278	22	may	may	AUX
cblr-2902	1278	23	believe	believe	VERB
cblr-2902	1278	24	that	that	SCONJ
cblr-2902	1278	25	the	the	DET
cblr-2902	1278	26	probability	probability	NOUN
cblr-2902	1278	27	that	that	SCONJ
cblr-2902	1278	28	the	the	DET
cblr-2902	1278	29	debtor	debtor	NOUN
cblr-2902	1278	30	will	will	AUX
cblr-2902	1278	31	default	default	VERB
cblr-2902	1278	32	on	on	ADP
cblr-2902	1278	33	its	its	PRON
cblr-2902	1278	34	unsecured	unsecured	ADJ
cblr-2902	1278	35	bonds	bond	NOUN
cblr-2902	1278	36	in	in	ADP
cblr-2902	1278	37	year	year	NOUN
cblr-2902	1278	38	3	3	NUM
cblr-2902	1278	39	is	be	AUX
cblr-2902	1278	40	high	high	ADJ
cblr-2902	1278	41	even	even	ADV
cblr-2902	1278	42	though	though	SCONJ
cblr-2902	1278	43	the	the	DET
cblr-2902	1278	44	probability	probability	NOUN
cblr-2902	1278	45	of	of	ADP
cblr-2902	1278	46	default	default	NOUN
cblr-2902	1278	47	in	in	ADP
cblr-2902	1278	48	year	year	NOUN
cblr-2902	1278	49	1	1	NUM
cblr-2902	1278	50	or	or	CCONJ
cblr-2902	1278	51	year	year	NOUN
cblr-2902	1278	52	2	2	NUM
cblr-2902	1278	53	-	-	PUNCT
cblr-2902	1278	54	before	before	SCONJ
cblr-2902	1278	55	the	the	DET
cblr-2902	1278	56	large	large	ADJ
cblr-2902	1278	57	payment	payment	NOUN
cblr-2902	1278	58	is	be	AUX
cblr-2902	1278	59	due	due	ADJ
cblr-2902	1278	60	-	-	PUNCT
cblr-2902	1278	61	is	be	AUX
cblr-2902	1278	62	low	low	ADJ
cblr-2902	1278	63	.	.	PUNCT
cblr-2902	1279	1	the	the	DET
cblr-2902	1279	2	market	market	NOUN
cblr-2902	1279	3	may	may	AUX
cblr-2902	1279	4	also	also	ADV
cblr-2902	1279	5	believe	believe	VERB
cblr-2902	1279	6	that	that	SCONJ
cblr-2902	1279	7	no	no	INTJ
cblr-2902	1279	8	.	.	NOUN
cblr-2902	1279	9	1	1	NUM
cblr-2902	1279	10	:	:	SYM
cblr-2902	1279	11	118	118	NUM
cblr-2902	1279	12	]	]	SYM
cblr-2902	1279	13	201	201	NUM
cblr-2902	1279	14	columbia	columbia	PROPN
cblr-2902	1279	15	business	business	NOUN
cblr-2902	1279	16	law	law	PROPN
cblr-2902	1279	17	review	review	VERB
cblr-2902	1279	18	the	the	DET
cblr-2902	1279	19	probability	probability	NOUN
cblr-2902	1279	20	of	of	ADP
cblr-2902	1279	21	default	default	NOUN
cblr-2902	1279	22	after	after	ADP
cblr-2902	1279	23	years	year	NOUN
cblr-2902	1279	24	4	4	NUM
cblr-2902	1279	25	and	and	CCONJ
cblr-2902	1279	26	5	5	NUM
cblr-2902	1279	27	is	be	AUX
cblr-2902	1279	28	low	low	ADJ
cblr-2902	1279	29	,	,	PUNCT
cblr-2902	1279	30	because	because	SCONJ
cblr-2902	1279	31	if	if	SCONJ
cblr-2902	1279	32	the	the	DET
cblr-2902	1279	33	debtor	debtor	NOUN
cblr-2902	1279	34	survives	survive	VERB
cblr-2902	1279	35	year	year	NOUN
cblr-2902	1279	36	3	3	NUM
cblr-2902	1279	37	without	without	ADP
cblr-2902	1279	38	defaulting	default	VERB
cblr-2902	1279	39	,	,	PUNCT
cblr-2902	1279	40	it	it	PRON
cblr-2902	1279	41	will	will	AUX
cblr-2902	1279	42	likely	likely	ADV
cblr-2902	1279	43	do	do	VERB
cblr-2902	1279	44	so	so	ADV
cblr-2902	1279	45	by	by	ADP
cblr-2902	1279	46	obtaining	obtain	VERB
cblr-2902	1279	47	long	long	ADJ
cblr-2902	1279	48	term	term	NOUN
cblr-2902	1279	49	financing	financing	NOUN
cblr-2902	1279	50	.	.	PUNCT
cblr-2902	1280	1	under	under	ADP
cblr-2902	1280	2	this	this	DET
cblr-2902	1280	3	example	example	NOUN
cblr-2902	1280	4	,	,	PUNCT
cblr-2902	1280	5	a	a	DET
cblr-2902	1280	6	cumulative	cumulative	ADJ
cblr-2902	1280	7	six	six	NUM
cblr-2902	1280	8	-	-	PUNCT
cblr-2902	1280	9	year	year	NOUN
cblr-2902	1280	10	probability	probability	NOUN
cblr-2902	1280	11	of	of	ADP
cblr-2902	1280	12	default	default	NOUN
cblr-2902	1280	13	calculated	calculate	VERB
cblr-2902	1280	14	by	by	ADP
cblr-2902	1280	15	extrapolating	extrapolate	VERB
cblr-2902	1280	16	the	the	DET
cblr-2902	1280	17	bond	bond	NOUN
cblr-2902	1280	18	spread	spread	VERB
cblr-2902	1280	19	for	for	ADP
cblr-2902	1280	20	bonds	bond	NOUN
cblr-2902	1280	21	maturing	mature	VERB
cblr-2902	1280	22	in	in	ADP
cblr-2902	1280	23	year	year	NOUN
cblr-2902	1280	24	1	1	NUM
cblr-2902	1280	25	would	would	AUX
cblr-2902	1280	26	tend	tend	VERB
cblr-2902	1280	27	to	to	PART
cblr-2902	1280	28	understate	understate	VERB
cblr-2902	1280	29	the	the	DET
cblr-2902	1280	30	implied	imply	VERB
cblr-2902	1280	31	probability	probability	NOUN
cblr-2902	1280	32	of	of	ADP
cblr-2902	1280	33	default	default	NOUN
cblr-2902	1280	34	over	over	ADP
cblr-2902	1280	35	six	six	NUM
cblr-2902	1280	36	years	year	NOUN
cblr-2902	1280	37	,	,	PUNCT
cblr-2902	1280	38	while	while	SCONJ
cblr-2902	1280	39	a	a	DET
cblr-2902	1280	40	cumulative	cumulative	ADJ
cblr-2902	1280	41	probability	probability	NOUN
cblr-2902	1280	42	of	of	ADP
cblr-2902	1280	43	default	default	NOUN
cblr-2902	1280	44	calculated	calculate	VERB
cblr-2902	1280	45	by	by	ADP
cblr-2902	1280	46	extrapolating	extrapolate	VERB
cblr-2902	1280	47	the	the	DET
cblr-2902	1280	48	probability	probability	NOUN
cblr-2902	1280	49	of	of	ADP
cblr-2902	1280	50	default	default	NOUN
cblr-2902	1280	51	in	in	ADP
cblr-2902	1280	52	year	year	NOUN
cblr-2902	1280	53	3	3	NUM
cblr-2902	1280	54	would	would	AUX
cblr-2902	1280	55	tend	tend	VERB
cblr-2902	1280	56	to	to	PART
cblr-2902	1280	57	overstate	overstate	VERB
cblr-2902	1280	58	the	the	DET
cblr-2902	1280	59	probability	probability	NOUN
cblr-2902	1280	60	of	of	ADP
cblr-2902	1280	61	default	default	NOUN
cblr-2902	1280	62	over	over	ADP
cblr-2902	1280	63	six	six	NUM
cblr-2902	1280	64	years	year	NOUN
cblr-2902	1280	65	.	.	PUNCT
cblr-2902	1281	1	when	when	SCONJ
cblr-2902	1281	2	it	it	PRON
cblr-2902	1281	3	is	be	AUX
cblr-2902	1281	4	necessary	necessary	ADJ
cblr-2902	1281	5	to	to	PART
cblr-2902	1281	6	extrapolate	extrapolate	VERB
cblr-2902	1281	7	because	because	SCONJ
cblr-2902	1281	8	bonds	bond	NOUN
cblr-2902	1281	9	or	or	CCONJ
cblr-2902	1281	10	credit	credit	NOUN
cblr-2902	1281	11	default	default	NOUN
cblr-2902	1281	12	swaps	swap	NOUN
cblr-2902	1281	13	of	of	ADP
cblr-2902	1281	14	the	the	DET
cblr-2902	1281	15	desired	desire	VERB
cblr-2902	1281	16	term	term	NOUN
cblr-2902	1281	17	are	be	AUX
cblr-2902	1281	18	not	not	PART
cblr-2902	1281	19	trading	trade	VERB
cblr-2902	1281	20	,	,	PUNCT
cblr-2902	1281	21	the	the	DET
cblr-2902	1281	22	bankruptcy	bankruptcy	NOUN
cblr-2902	1281	23	judge	judge	NOUN
cblr-2902	1281	24	or	or	CCONJ
cblr-2902	1281	25	financial	financial	ADJ
cblr-2902	1281	26	analyst	analyst	NOUN
cblr-2902	1281	27	should	should	AUX
cblr-2902	1281	28	consider	consider	VERB
cblr-2902	1281	29	bond	bond	NOUN
cblr-2902	1281	30	spreads	spread	NOUN
cblr-2902	1281	31	across	across	ADP
cblr-2902	1281	32	multiple	multiple	ADJ
cblr-2902	1281	33	maturities	maturity	NOUN
cblr-2902	1281	34	and	and	CCONJ
cblr-2902	1281	35	the	the	DET
cblr-2902	1281	36	timing	timing	NOUN
cblr-2902	1281	37	of	of	ADP
cblr-2902	1281	38	large	large	ADJ
cblr-2902	1281	39	,	,	PUNCT
cblr-2902	1281	40	predictable	predictable	ADJ
cblr-2902	1281	41	future	future	ADJ
cblr-2902	1281	42	cash	cash	NOUN
cblr-2902	1281	43	inflows	inflow	NOUN
cblr-2902	1281	44	and	and	CCONJ
cblr-2902	1281	45	outflows	outflow	NOUN
cblr-2902	1281	46	.	.	PUNCT
cblr-2902	1282	1	the	the	DET
cblr-2902	1282	2	most	most	ADV
cblr-2902	1282	3	liquid	liquid	ADJ
cblr-2902	1282	4	and	and	CCONJ
cblr-2902	1282	5	frequently	frequently	ADV
cblr-2902	1282	6	traded	trade	VERB
cblr-2902	1282	7	cds	cd	NOUN
cblr-2902	1282	8	contract	contract	NOUN
cblr-2902	1282	9	is	be	AUX
cblr-2902	1282	10	typically	typically	ADV
cblr-2902	1282	11	the	the	DET
cblr-2902	1282	12	five	five	NUM
cblr-2902	1282	13	-	-	PUNCT
cblr-2902	1282	14	year	year	NOUN
cblr-2902	1282	15	cds	cd	NOUN
cblr-2902	1282	16	contract	contract	NOUN
cblr-2902	1282	17	for	for	ADP
cblr-2902	1282	18	senior	senior	ADJ
cblr-2902	1282	19	unsecured	unsecured	ADJ
cblr-2902	1282	20	debt.24	debt.24	NOUN
cblr-2902	1282	21	1	1	NUM
cblr-2902	1282	22	the	the	DET
cblr-2902	1282	23	five	five	NUM
cblr-2902	1282	24	-	-	PUNCT
cblr-2902	1282	25	year	year	NOUN
cblr-2902	1282	26	cds	cd	NOUN
cblr-2902	1282	27	contract	contract	NOUN
cblr-2902	1282	28	is	be	AUX
cblr-2902	1282	29	therefore	therefore	ADV
cblr-2902	1282	30	the	the	DET
cblr-2902	1282	31	contract	contract	NOUN
cblr-2902	1282	32	used	use	VERB
cblr-2902	1282	33	most	most	ADV
cblr-2902	1282	34	frequently	frequently	ADV
cblr-2902	1282	35	by	by	ADP
cblr-2902	1282	36	finance	finance	NOUN
cblr-2902	1282	37	professionals	professional	NOUN
cblr-2902	1282	38	as	as	ADP
cblr-2902	1282	39	a	a	DET
cblr-2902	1282	40	benchmark	benchmark	NOUN
cblr-2902	1282	41	for	for	ADP
cblr-2902	1282	42	creditworthiness	creditworthiness	NOUN
cblr-2902	1282	43	and	and	CCONJ
cblr-2902	1282	44	default	default	NOUN
cblr-2902	1282	45	risk.242	risk.242	VERB
cblr-2902	1282	46	the	the	DET
cblr-2902	1282	47	oneyear	oneyear	PROPN
cblr-2902	1282	48	cds	cds	PROPN
cblr-2902	1282	49	contract	contract	NOUN
cblr-2902	1282	50	is	be	AUX
cblr-2902	1282	51	generally	generally	ADV
cblr-2902	1282	52	the	the	DET
cblr-2902	1282	53	second	second	ADJ
cblr-2902	1282	54	most	most	ADV
cblr-2902	1282	55	frequently	frequently	ADV
cblr-2902	1282	56	traded	trade	VERB
cblr-2902	1282	57	.	.	PUNCT
cblr-2902	1283	1	cds	cd	NOUN
cblr-2902	1283	2	pricing	pricing	NOUN
cblr-2902	1283	3	on	on	ADP
cblr-2902	1283	4	contracts	contract	NOUN
cblr-2902	1283	5	of	of	ADP
cblr-2902	1283	6	other	other	ADJ
cblr-2902	1283	7	terms	term	NOUN
cblr-2902	1283	8	is	be	AUX
cblr-2902	1283	9	less	less	ADV
cblr-2902	1283	10	likely	likely	ADJ
cblr-2902	1283	11	to	to	PART
cblr-2902	1283	12	be	be	AUX
cblr-2902	1283	13	available	available	ADJ
cblr-2902	1283	14	.	.	PUNCT
cblr-2902	1284	1	v.	v.	ADP
cblr-2902	1284	2	our	our	PRON
cblr-2902	1284	3	original	original	ADJ
cblr-2902	1284	4	empirical	empirical	ADJ
cblr-2902	1284	5	analysis	analysis	NOUN
cblr-2902	1284	6	confirms	confirm	VERB
cblr-2902	1284	7	that	that	SCONJ
cblr-2902	1284	8	credit	credit	NOUN
cblr-2902	1284	9	default	default	NOUN
cblr-2902	1284	10	swaps	swap	NOUN
cblr-2902	1284	11	and	and	CCONJ
cblr-2902	1284	12	equity	equity	NOUN
cblr-2902	1284	13	prices	price	NOUN
cblr-2902	1284	14	are	be	AUX
cblr-2902	1284	15	usually	usually	ADV
cblr-2902	1284	16	inversely	inversely	ADV
cblr-2902	1284	17	correlated	correlate	VERB
cblr-2902	1284	18	as	as	SCONJ
cblr-2902	1284	19	debtors	debtor	NOUN
cblr-2902	1284	20	approach	approach	NOUN
cblr-2902	1284	21	bankruptcy	bankruptcy	NOUN
cblr-2902	1284	22	we	we	PRON
cblr-2902	1284	23	conducted	conduct	VERB
cblr-2902	1284	24	an	an	DET
cblr-2902	1284	25	independent	independent	ADJ
cblr-2902	1284	26	empirical	empirical	ADJ
cblr-2902	1284	27	analysis	analysis	NOUN
cblr-2902	1284	28	to	to	PART
cblr-2902	1284	29	confirm	confirm	VERB
cblr-2902	1284	30	that	that	SCONJ
cblr-2902	1284	31	as	as	SCONJ
cblr-2902	1284	32	large	large	ADJ
cblr-2902	1284	33	firms	firm	NOUN
cblr-2902	1284	34	approach	approach	VERB
cblr-2902	1284	35	bankruptcy	bankruptcy	NOUN
cblr-2902	1284	36	,	,	PUNCT
cblr-2902	1284	37	credit	credit	NOUN
cblr-2902	1284	38	default	default	NOUN
cblr-2902	1284	39	swaps	swap	NOUN
cblr-2902	1284	40	behave	behave	VERB
cblr-2902	1284	41	in	in	ADP
cblr-2902	1284	42	a	a	DET
cblr-2902	1284	43	way	way	NOUN
cblr-2902	1284	44	that	that	PRON
cblr-2902	1284	45	is	be	AUX
cblr-2902	1284	46	consistent	consistent	ADJ
cblr-2902	1284	47	with	with	ADP
cblr-2902	1284	48	theory	theory	NOUN
cblr-2902	1284	49	.	.	PUNCT
cblr-2902	1285	1	we	we	PRON
cblr-2902	1285	2	found	find	VERB
cblr-2902	1285	3	that	that	SCONJ
cblr-2902	1285	4	,	,	PUNCT
cblr-2902	1285	5	as	as	SCONJ
cblr-2902	1285	6	expected	expect	VERB
cblr-2902	1285	7	,	,	PUNCT
cblr-2902	1285	8	during	during	ADP
cblr-2902	1285	9	the	the	DET
cblr-2902	1285	10	two	two	NUM
cblr-2902	1285	11	years	year	NOUN
cblr-2902	1285	12	prior	prior	ADV
cblr-2902	1285	13	to	to	ADP
cblr-2902	1285	14	bankruptcy	bankruptcy	NOUN
cblr-2902	1285	15	,	,	PUNCT
cblr-2902	1285	16	cds	cd	NOUN
cblr-2902	1285	17	pricing	pricing	NOUN
cblr-2902	1285	18	and	and	CCONJ
cblr-2902	1285	19	equity	equity	NOUN
cblr-2902	1285	20	pricing	pricing	NOUN
cblr-2902	1285	21	were	be	AUX
cblr-2902	1285	22	highly	highly	ADV
cblr-2902	1285	23	inversely	inversely	ADV
cblr-2902	1285	24	correlated	correlate	VERB
cblr-2902	1285	25	,	,	PUNCT
cblr-2902	1285	26	and	and	CCONJ
cblr-2902	1285	27	were	be	AUX
cblr-2902	1285	28	moderately	moderately	ADV
cblr-2902	1285	29	inversely	inversely	ADV
cblr-2902	1285	30	241	241	NUM
cblr-2902	1285	31	see	see	VERB
cblr-2902	1285	32	longstaff	longstaff	NOUN
cblr-2902	1285	33	,	,	PUNCT
cblr-2902	1285	34	supra	supra	PROPN
cblr-2902	1285	35	note	note	NOUN
cblr-2902	1285	36	181	181	NUM
cblr-2902	1285	37	,	,	PUNCT
cblr-2902	1285	38	at	at	ADP
cblr-2902	1285	39	2217	2217	NUM
cblr-2902	1285	40	.	.	PUNCT
cblr-2902	1286	1	242	242	NUM
cblr-2902	1286	2	the	the	DET
cblr-2902	1286	3	five	five	NUM
cblr-2902	1286	4	-	-	PUNCT
cblr-2902	1286	5	year	year	NOUN
cblr-2902	1286	6	cds	cd	NOUN
cblr-2902	1286	7	contract	contract	NOUN
cblr-2902	1286	8	is	be	AUX
cblr-2902	1286	9	also	also	ADV
cblr-2902	1286	10	frequently	frequently	ADV
cblr-2902	1286	11	used	use	VERB
cblr-2902	1286	12	by	by	ADP
cblr-2902	1286	13	researchers	researcher	NOUN
cblr-2902	1286	14	.	.	PUNCT
cblr-2902	1287	1	see	see	VERB
cblr-2902	1287	2	i	i	PRON
cblr-2902	1287	3	d.	d.	PROPN
cblr-2902	1287	4	(	(	PUNCT
cblr-2902	1287	5	using	use	VERB
cblr-2902	1287	6	five	five	NUM
cblr-2902	1287	7	-	-	PUNCT
cblr-2902	1287	8	year	year	NOUN
cblr-2902	1287	9	cds	cd	NOUN
cblr-2902	1287	10	contract	contract	NOUN
cblr-2902	1287	11	data	datum	NOUN
cblr-2902	1287	12	)	)	PUNCT
cblr-2902	1287	13	.	.	PUNCT
cblr-2902	1288	1	202	202	NUM
cblr-2902	1289	1	[	[	X
cblr-2902	1289	2	vol	vol	NOUN
cblr-2902	1289	3	.	.	PUNCT
cblr-2902	1289	4	2011	2011	NUM
cblr-2902	1289	5	leveraged	leveraged	ADJ
cblr-2902	1289	6	buyout	buyout	NOUN
cblr-2902	1289	7	bankruptcies	bankruptcy	NOUN
cblr-2902	1289	8	correlated	correlate	VERB
cblr-2902	1289	9	as	as	ADV
cblr-2902	1289	10	far	far	ADV
cblr-2902	1289	11	out	out	ADV
cblr-2902	1289	12	as	as	ADP
cblr-2902	1289	13	three	three	NUM
cblr-2902	1289	14	years	year	NOUN
cblr-2902	1289	15	before	before	ADP
cblr-2902	1289	16	bankruptcy	bankruptcy	NOUN
cblr-2902	1289	17	.	.	PUNCT
cblr-2902	1290	1	this	this	PRON
cblr-2902	1290	2	suggests	suggest	VERB
cblr-2902	1290	3	that	that	SCONJ
cblr-2902	1290	4	when	when	SCONJ
cblr-2902	1290	5	solvency	solvency	NOUN
cblr-2902	1290	6	is	be	AUX
cblr-2902	1290	7	in	in	ADP
cblr-2902	1290	8	question	question	NOUN
cblr-2902	1290	9	,	,	PUNCT
cblr-2902	1290	10	credit	credit	NOUN
cblr-2902	1290	11	default	default	NOUN
cblr-2902	1290	12	swaps	swap	NOUN
cblr-2902	1290	13	can	can	AUX
cblr-2902	1290	14	be	be	AUX
cblr-2902	1290	15	used	use	VERB
cblr-2902	1290	16	as	as	ADP
cblr-2902	1290	17	a	a	DET
cblr-2902	1290	18	substitute	substitute	NOUN
cblr-2902	1290	19	for	for	ADP
cblr-2902	1290	20	equity	equity	NOUN
cblr-2902	1290	21	prices	price	NOUN
cblr-2902	1290	22	.	.	PUNCT
cblr-2902	1291	1	a.	a.	PROPN
cblr-2902	1291	2	descriptive	descriptive	PROPN
cblr-2902	1291	3	statistics	statistic	NOUN
cblr-2902	1291	4	we	we	PRON
cblr-2902	1291	5	identified	identify	VERB
cblr-2902	1291	6	publicly	publicly	ADV
cblr-2902	1291	7	traded	trade	VERB
cblr-2902	1291	8	(	(	PUNCT
cblr-2902	1291	9	or	or	CCONJ
cblr-2902	1291	10	formerly	formerly	ADV
cblr-2902	1291	11	publicly	publicly	ADV
cblr-2902	1291	12	traded	trade	VERB
cblr-2902	1291	13	)	)	PUNCT
cblr-2902	1291	14	firms	firm	NOUN
cblr-2902	1291	15	with	with	ADP
cblr-2902	1291	16	greater	great	ADJ
cblr-2902	1291	17	than	than	ADP
cblr-2902	1291	18	$	$	SYM
cblr-2902	1291	19	3	3	NUM
cblr-2902	1291	20	billion	billion	NUM
cblr-2902	1291	21	in	in	ADP
cblr-2902	1291	22	assets	asset	NOUN
cblr-2902	1291	23	that	that	PRON
cblr-2902	1291	24	filed	file	VERB
cblr-2902	1291	25	for	for	ADP
cblr-2902	1291	26	bankruptcy	bankruptcy	NOUN
cblr-2902	1291	27	between	between	ADP
cblr-2902	1291	28	2005	2005	NUM
cblr-2902	1291	29	and	and	CCONJ
cblr-2902	1291	30	2009	2009	NUM
cblr-2902	1291	31	using	use	VERB
cblr-2902	1291	32	thomson	thomson	NOUN
cblr-2902	1291	33	datastream	datastream	NOUN
cblr-2902	1291	34	and	and	CCONJ
cblr-2902	1291	35	professor	professor	PROPN
cblr-2902	1291	36	lynn	lynn	PROPN
cblr-2902	1291	37	m.	m.	PROPN
cblr-2902	1291	38	lopucki	lopucki	PROPN
cblr-2902	1291	39	's	's	PART
cblr-2902	1291	40	bankruptcy	bankruptcy	NOUN
cblr-2902	1291	41	research	research	NOUN
cblr-2902	1291	42	database	database	NOUN
cblr-2902	1291	43	.	.	PUNCT
cblr-2902	1292	1	we	we	PRON
cblr-2902	1292	2	were	be	AUX
cblr-2902	1292	3	able	able	ADJ
cblr-2902	1292	4	to	to	PART
cblr-2902	1292	5	obtain	obtain	VERB
cblr-2902	1292	6	liquid	liquid	ADJ
cblr-2902	1292	7	daily	daily	ADJ
cblr-2902	1292	8	fiveyear	fiveyear	NOUN
cblr-2902	1292	9	credit	credit	NOUN
cblr-2902	1292	10	default	default	NOUN
cblr-2902	1292	11	swap	swap	NOUN
cblr-2902	1292	12	and	and	CCONJ
cblr-2902	1292	13	equity	equity	NOUN
cblr-2902	1292	14	pricing	pricing	NOUN
cblr-2902	1292	15	for	for	ADP
cblr-2902	1292	16	thirteen	thirteen	NUM
cblr-2902	1292	17	firms	firm	NOUN
cblr-2902	1292	18	for	for	ADP
cblr-2902	1292	19	the	the	DET
cblr-2902	1292	20	three	three	NUM
cblr-2902	1292	21	years	year	NOUN
cblr-2902	1292	22	before	before	SCONJ
cblr-2902	1292	23	each	each	DET
cblr-2902	1292	24	firm	firm	NOUN
cblr-2902	1292	25	filed	file	VERB
cblr-2902	1292	26	for	for	ADP
cblr-2902	1292	27	bankruptcy	bankruptcy	NOUN
cblr-2902	1292	28	.	.	PUNCT
cblr-2902	1293	1	we	we	PRON
cblr-2902	1293	2	obtained	obtain	VERB
cblr-2902	1293	3	cds	cd	NOUN
cblr-2902	1293	4	pricing	pricing	NOUN
cblr-2902	1293	5	from	from	ADP
cblr-2902	1293	6	credit	credit	NOUN
cblr-2902	1293	7	market	market	NOUN
cblr-2902	1293	8	associates	associate	NOUN
cblr-2902	1293	9	(	(	PUNCT
cblr-2902	1293	10	"	"	PUNCT
cblr-2902	1293	11	cma	cma	NOUN
cblr-2902	1293	12	"	"	PUNCT
cblr-2902	1293	13	)	)	PUNCT
cblr-2902	1293	14	through	through	ADP
cblr-2902	1293	15	bloomberg	bloomberg	PROPN
cblr-2902	1293	16	professional	professional	PROPN
cblr-2902	1293	17	service	service	NOUN
cblr-2902	1293	18	.	.	PUNCT
cblr-2902	1294	1	we	we	PRON
cblr-2902	1294	2	also	also	ADV
cblr-2902	1294	3	obtained	obtain	VERB
cblr-2902	1294	4	equity	equity	NOUN
cblr-2902	1294	5	pricing	pricing	NOUN
cblr-2902	1294	6	from	from	ADP
cblr-2902	1294	7	bloomberg	bloomberg	PROPN
cblr-2902	1294	8	professional	professional	PROPN
cblr-2902	1294	9	service	service	PROPN
cblr-2902	1294	10	.	.	PUNCT
cblr-2902	1295	1	table	table	NOUN
cblr-2902	1295	2	1	1	NUM
cblr-2902	1295	3	:	:	PUNCT
cblr-2902	1295	4	most	most	ADJ
cblr-2902	1295	5	firms	firm	NOUN
cblr-2902	1295	6	had	have	VERB
cblr-2902	1295	7	over	over	ADP
cblr-2902	1295	8	$	$	SYM
cblr-2902	1295	9	10	10	NUM
cblr-2902	1295	10	billion	billion	NUM
cblr-2902	1295	11	in	in	ADP
cblr-2902	1295	12	assets	asset	NOUN
cblr-2902	1295	13	days	day	NOUN
cblr-2902	1295	14	when	when	SCONJ
cblr-2902	1295	15	both	both	DET
cblr-2902	1295	16	cds	cd	NOUN
cblr-2902	1295	17	firm	firm	NOUN
cblr-2902	1295	18	equity	equity	NOUN
cblr-2902	1295	19	cds	cd	NOUN
cblr-2902	1295	20	and	and	CCONJ
cblr-2902	1295	21	assets	asset	NOUN
cblr-2902	1295	22	trading	trading	NOUN
cblr-2902	1295	23	trading	trading	NOUN
cblr-2902	1295	24	equities	equity	NOUN
cblr-2902	1295	25	(	(	PUNCT
cblr-2902	1295	26	usd	usd	NOUN
cblr-2902	1295	27	firms	firm	NOUN
cblr-2902	1295	28	by	by	ADP
cblr-2902	1295	29	assets	asset	NOUN
cblr-2902	1295	30	days	day	NOUN
cblr-2902	1295	31	days	day	NOUN
cblr-2902	1295	32	traded	trade	VERB
cblr-2902	1295	33	millions	million	NOUN
cblr-2902	1295	34	)	)	PUNCT
cblr-2902	1295	35	$	$	SYM
cblr-2902	1295	36	10	10	NUM
cblr-2902	1295	37	billion	billion	NUM
cblr-2902	1295	38	+	+	CCONJ
cblr-2902	1295	39	6191	6191	NUM
cblr-2902	1295	40	3917	3917	NUM
cblr-2902	1295	41	3596	3596	NUM
cblr-2902	1295	42	$	$	SYM
cblr-2902	1295	43	1,221,472	1,221,472	NUM
cblr-2902	1295	44	lehman	lehman	NOUN
cblr-2902	1295	45	743	743	NUM
cblr-2902	1295	46	712	712	NUM
cblr-2902	1295	47	689	689	NUM
cblr-2902	1295	48	$	$	SYM
cblr-2902	1295	49	691,063	691,063	NUM
cblr-2902	1295	50	wamu	wamu	NOUN
cblr-2902	1295	51	744	744	NUM
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cblr-2902	1295	53	673	673	NUM
cblr-2902	1295	54	$	$	SYM
cblr-2902	1295	55	327,913	327,913	NUM
cblr-2902	1295	56	nortel	nortel	NOUN
cblr-2902	1295	57	networks	network	NOUN
cblr-2902	1295	58	745	745	NUM
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cblr-2902	1295	60	639	639	NUM
cblr-2902	1295	61	$	$	SYM
cblr-2902	1295	62	17,068	17,068	NUM
cblr-2902	1295	63	abitibi	abitibi	NOUN
cblr-2902	1295	64	744	744	NUM
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cblr-2902	1295	67	$	$	SYM
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cblr-2902	1296	1	743	743	NUM
cblr-2902	1296	2	476	476	NUM
cblr-2902	1296	3	468	468	NUM
cblr-2902	1296	4	$	$	SYM
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cblr-2902	1296	6	tribune	tribune	PROPN
cblr-2902	1296	7	co.	co.	PROPN
cblr-2902	1296	8	500	500	NUM
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cblr-2902	1296	11	$	$	SYM
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cblr-2902	1296	13	general	general	ADJ
cblr-2902	1296	14	growth	growth	NOUN
cblr-2902	1296	15	744	744	NUM
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cblr-2902	1296	18	$	$	SYM
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cblr-2902	1296	21	airlines	airline	NOUN
cblr-2902	1296	22	745	745	NUM
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cblr-2902	1296	25	$	$	SYM
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cblr-2902	1296	28	483	483	NUM
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cblr-2902	1296	30	55	55	NUM
cblr-2902	1296	31	$	$	SYM
cblr-2902	1296	32	27,313	27,313	NUM
cblr-2902	1296	33	$	$	SYM
cblr-2902	1296	34	5-$10	5-$10	NUM
cblr-2902	1296	35	billion	billion	NUM
cblr-2902	1296	36	1489	1489	NUM
cblr-2902	1296	37	1022	1022	NUM
cblr-2902	1296	38	1009	1009	NUM
cblr-2902	1296	39	$	$	SYM
cblr-2902	1296	40	14,295	14,295	NUM
cblr-2902	1296	41	dana	dana	PROPN
cblr-2902	1296	42	745	745	NUM
cblr-2902	1296	43	554	554	NUM
cblr-2902	1296	44	552	552	NUM
cblr-2902	1296	45	$	$	SYM
cblr-2902	1296	46	9,047	9,047	NUM
cblr-2902	1296	47	visteon	visteon	NOUN
cblr-2902	1296	48	744	744	NUM
cblr-2902	1296	49	468	468	NUM
cblr-2902	1296	50	457	457	NUM
cblr-2902	1296	51	$	$	SYM
cblr-2902	1296	52	5,248	5,248	NUM
cblr-2902	1296	53	$	$	SYM
cblr-2902	1296	54	3-$5	3-$5	NUM
cblr-2902	1296	55	billion	billion	NUM
cblr-2902	1296	56	1487	1487	NUM
cblr-2902	1296	57	359	359	NUM
cblr-2902	1296	58	356	356	NUM
cblr-2902	1296	59	$	$	SYM
cblr-2902	1296	60	7,603	7,603	NUM
cblr-2902	1296	61	chemtura	chemtura	NOUN
cblr-2902	1296	62	744	744	NUM
cblr-2902	1296	63	266	266	NUM
cblr-2902	1296	64	263	263	NUM
cblr-2902	1296	65	$	$	SYM
cblr-2902	1296	66	3,064	3,064	NUM
cblr-2902	1296	67	smurfit	smurfit	NOUN
cblr-2902	1296	68	-	-	PUNCT
cblr-2902	1296	69	stone	stone	NOUN
cblr-2902	1296	70	container	container	NOUN
cblr-2902	1296	71	743	743	NUM
cblr-2902	1296	72	93	93	NUM
cblr-2902	1296	73	93	93	NUM
cblr-2902	1296	74	$	$	SYM
cblr-2902	1296	75	4,539	4,539	NUM
cblr-2902	1296	76	grand	grand	ADJ
cblr-2902	1296	77	total	total	ADJ
cblr-2902	1296	78	9167	9167	NUM
cblr-2902	1296	79	5298	5298	NUM
cblr-2902	1296	80	4961	4961	NUM
cblr-2902	1296	81	$	$	SYM
cblr-2902	1296	82	1,243,370	1,243,370	NUM
cblr-2902	1296	83	no	no	NOUN
cblr-2902	1296	84	.	.	NOUN
cblr-2902	1296	85	1	1	NUM
cblr-2902	1296	86	:	:	SYM
cblr-2902	1296	87	118	118	NUM
cblr-2902	1296	88	]	]	SYM
cblr-2902	1296	89	203	203	NUM
cblr-2902	1296	90	columbia	columbia	PROPN
cblr-2902	1296	91	business	business	NOUN
cblr-2902	1296	92	law	law	PROPN
cblr-2902	1296	93	review	review	NOUN
cblr-2902	1296	94	table	table	NOUN
cblr-2902	1296	95	2	2	NUM
cblr-2902	1296	96	:	:	PUNCT
cblr-2902	1296	97	most	most	ADJ
cblr-2902	1296	98	firms	firm	NOUN
cblr-2902	1296	99	filed	file	VERB
cblr-2902	1296	100	in	in	ADP
cblr-2902	1296	101	2009	2009	NUM
cblr-2902	1296	102	,	,	PUNCT
cblr-2902	1296	103	but	but	CCONJ
cblr-2902	1296	104	the	the	DET
cblr-2902	1296	105	largest	large	ADJ
cblr-2902	1296	106	firms	firm	NOUN
cblr-2902	1296	107	filed	file	VERB
cblr-2902	1296	108	in	in	ADP
cblr-2902	1296	109	2008	2008	NUM
cblr-2902	1296	110	days	day	NOUN
cblr-2902	1296	111	when	when	SCONJ
cblr-2902	1296	112	both	both	DET
cblr-2902	1296	113	cds	cd	NOUN
cblr-2902	1296	114	firm	firm	NOUN
cblr-2902	1296	115	equity	equity	NOUN
cblr-2902	1296	116	cds	cd	NOUN
cblr-2902	1296	117	and	and	CCONJ
cblr-2902	1296	118	assets	asset	NOUN
cblr-2902	1296	119	firms	firm	NOUN
cblr-2902	1296	120	by	by	ADP
cblr-2902	1296	121	filing	file	VERB
cblr-2902	1296	122	trading	trading	NOUN
cblr-2902	1296	123	trading	trading	NOUN
cblr-2902	1296	124	equities	equity	NOUN
cblr-2902	1296	125	(	(	PUNCT
cblr-2902	1296	126	usd	usd	NOUN
cblr-2902	1296	127	year	year	NOUN
cblr-2902	1296	128	days	day	NOUN
cblr-2902	1296	129	days	day	NOUN
cblr-2902	1296	130	traded	trade	VERB
cblr-2902	1296	131	millions	million	NOUN
cblr-2902	1296	132	)	)	PUNCT
cblr-2902	1296	133	2009	2009	NUM
cblr-2902	1296	134	5690	5690	NUM
cblr-2902	1296	135	2799	2799	NUM
cblr-2902	1296	136	2567	2567	NUM
cblr-2902	1297	1	$	$	SYM
cblr-2902	1297	2	188,155	188,155	NUM
cblr-2902	1297	3	nortel	nortel	NOUN
cblr-2902	1297	4	networks	network	NOUN
cblr-2902	1297	5	745	745	NUM
cblr-2902	1297	6	650	650	NUM
cblr-2902	1297	7	639	639	NUM
cblr-2902	1297	8	$	$	SYM
cblr-2902	1297	9	17,068	17,068	NUM
cblr-2902	1297	10	abitibi	abitibi	NOUN
cblr-2902	1297	11	744	744	NUM
cblr-2902	1297	12	481	481	NUM
cblr-2902	1297	13	473	473	NUM
cblr-2902	1297	14	$	$	SYM
cblr-2902	1297	15	10,319	10,319	NUM
cblr-2902	1297	16	general	general	PROPN
cblr-2902	1297	17	motors	motor	NOUN
cblr-2902	1297	18	743	743	NUM
cblr-2902	1297	19	476	476	NUM
cblr-2902	1297	20	468	468	NUM
cblr-2902	1297	21	$	$	SYM
cblr-2902	1297	22	91,047	91,047	NUM
cblr-2902	1297	23	visteon	visteon	NOUN
cblr-2902	1297	24	744	744	NUM
cblr-2902	1297	25	468	468	NUM
cblr-2902	1297	26	457	457	NUM
cblr-2902	1297	27	$	$	SYM
cblr-2902	1297	28	5,248	5,248	NUM
cblr-2902	1297	29	chemtura	chemtura	NOUN
cblr-2902	1297	30	744	744	NUM
cblr-2902	1297	31	266	266	NUM
cblr-2902	1297	32	263	263	NUM
cblr-2902	1297	33	$	$	SYM
cblr-2902	1297	34	3,064	3,064	NUM
cblr-2902	1297	35	general	general	ADJ
cblr-2902	1297	36	growth	growth	NOUN
cblr-2902	1297	37	744	744	NUM
cblr-2902	1297	38	122	122	NUM
cblr-2902	1297	39	119	119	NUM
cblr-2902	1297	40	$	$	SYM
cblr-2902	1297	41	29,557	29,557	NUM
cblr-2902	1297	42	smurfit	smurfit	NOUN
cblr-2902	1297	43	-	-	PUNCT
cblr-2902	1297	44	stone	stone	NOUN
cblr-2902	1297	45	container	container	NOUN
cblr-2902	1297	46	743	743	NUM
cblr-2902	1297	47	93	93	NUM
cblr-2902	1297	48	93	93	NUM
cblr-2902	1297	49	$	$	SYM
cblr-2902	1297	50	4,539	4,539	NUM
cblr-2902	1297	51	lyondell	lyondell	NOUN
cblr-2902	1297	52	483	483	NUM
cblr-2902	1297	53	243	243	NUM
cblr-2902	1297	54	55	55	NUM
cblr-2902	1297	55	$	$	SYM
cblr-2902	1297	56	27,313	27,313	NUM
cblr-2902	1297	57	2008	2008	NUM
cblr-2902	1297	58	1987	1987	NUM
cblr-2902	1297	59	1886	1886	NUM
cblr-2902	1297	60	1785	1785	NUM
cblr-2902	1297	61	$	$	SYM
cblr-2902	1297	62	1,032,126	1,032,126	NUM
cblr-2902	1297	63	lehman	lehman	NOUN
cblr-2902	1297	64	743	743	NUM
cblr-2902	1297	65	712	712	NUM
cblr-2902	1297	66	689	689	NUM
cblr-2902	1297	67	$	$	SYM
cblr-2902	1297	68	691,063	691,063	NUM
cblr-2902	1297	69	wamu	wamu	NOUN
cblr-2902	1297	70	744	744	NUM
cblr-2902	1297	71	696	696	NUM
cblr-2902	1297	72	673	673	NUM
cblr-2902	1297	73	$	$	SYM
cblr-2902	1297	74	327,913	327,913	NUM
cblr-2902	1297	75	tribune	tribune	NOUN
cblr-2902	1297	76	co.	co.	PROPN
cblr-2902	1297	77	500	500	NUM
cblr-2902	1297	78	478	478	NUM
cblr-2902	1297	79	423	423	NUM
cblr-2902	1297	80	$	$	SYM
cblr-2902	1297	81	13,150	13,150	NUM
cblr-2902	1297	82	2006	2006	NUM
cblr-2902	1297	83	745	745	NUM
cblr-2902	1297	84	554	554	NUM
cblr-2902	1297	85	552	552	NUM
cblr-2902	1297	86	$	$	SYM
cblr-2902	1297	87	9,047	9,047	NUM
cblr-2902	1297	88	dana	dana	PROPN
cblr-2902	1297	89	745	745	NUM
cblr-2902	1297	90	554	554	NUM
cblr-2902	1297	91	552	552	NUM
cblr-2902	1297	92	$	$	SYM
cblr-2902	1297	93	9,047	9,047	NUM
cblr-2902	1297	94	2005	2005	NUM
cblr-2902	1297	95	745	745	NUM
cblr-2902	1297	96	59	59	NUM
cblr-2902	1297	97	57	57	NUM
cblr-2902	1297	98	$	$	SYM
cblr-2902	1297	99	14,042	14,042	NUM
cblr-2902	1297	100	northwest	northwest	PROPN
cblr-2902	1297	101	airlines	airline	NOUN
cblr-2902	1297	102	745	745	NUM
cblr-2902	1297	103	59	59	NUM
cblr-2902	1297	104	57	57	NUM
cblr-2902	1297	105	$	$	SYM
cblr-2902	1297	106	14,042	14,042	NUM
cblr-2902	1297	107	grand	grand	ADJ
cblr-2902	1297	108	total	total	ADJ
cblr-2902	1297	109	9167	9167	NUM
cblr-2902	1297	110	5298	5298	NUM
cblr-2902	1297	111	4961	4961	NUM
cblr-2902	1297	112	$	$	SYM
cblr-2902	1297	113	1,243,370	1,243,370	NUM
cblr-2902	1297	114	[	[	X
cblr-2902	1297	115	vol	vol	NOUN
cblr-2902	1297	116	.	.	PUNCT
cblr-2902	1298	1	2011204	2011204	NUM
cblr-2902	1298	2	table	table	NOUN
cblr-2902	1298	3	3	3	NUM
cblr-2902	1298	4	:	:	PUNCT
cblr-2902	1298	5	most	most	ADJ
cblr-2902	1298	6	firms	firm	NOUN
cblr-2902	1298	7	were	be	AUX
cblr-2902	1298	8	in	in	ADP
cblr-2902	1298	9	manufacturing	manufacturing	NOUN
cblr-2902	1298	10	,	,	PUNCT
cblr-2902	1298	11	but	but	CCONJ
cblr-2902	1298	12	the	the	DET
cblr-2902	1298	13	largest	large	ADJ
cblr-2902	1298	14	were	be	AUX
cblr-2902	1298	15	in	in	ADP
cblr-2902	1298	16	finance	finance	NOUN
cblr-2902	1298	17	and	and	CCONJ
cblr-2902	1298	18	real	real	ADJ
cblr-2902	1298	19	estate	estate	NOUN
cblr-2902	1298	20	days	day	NOUN
cblr-2902	1298	21	when	when	SCONJ
cblr-2902	1298	22	both	both	DET
cblr-2902	1298	23	cds	cd	NOUN
cblr-2902	1298	24	firm	firm	NOUN
cblr-2902	1298	25	equity	equity	NOUN
cblr-2902	1298	26	cds	cd	NOUN
cblr-2902	1298	27	and	and	CCONJ
cblr-2902	1298	28	assets	asset	NOUN
cblr-2902	1298	29	firms	firm	NOUN
cblr-2902	1298	30	by	by	ADP
cblr-2902	1298	31	trading	trade	VERB
cblr-2902	1298	32	trading	trading	NOUN
cblr-2902	1298	33	equities	equity	NOUN
cblr-2902	1298	34	(	(	PUNCT
cblr-2902	1298	35	usd	usd	NOUN
cblr-2902	1298	36	industry	industry	NOUN
cblr-2902	1298	37	days	day	NOUN
cblr-2902	1298	38	days	day	NOUN
cblr-2902	1298	39	traded	trade	VERB
cblr-2902	1298	40	millions	million	NOUN
cblr-2902	1298	41	)	)	PUNCT
cblr-2902	1298	42	manufacturing	manufacture	VERB
cblr-2902	1298	43	5446	5446	NUM
cblr-2902	1298	44	3059	3059	NUM
cblr-2902	1298	45	2784	2784	NUM
cblr-2902	1298	46	$	$	SYM
cblr-2902	1298	47	163,727	163,727	NUM
cblr-2902	1298	48	dana	dana	PROPN
cblr-2902	1298	49	745	745	NUM
cblr-2902	1298	50	554	554	NUM
cblr-2902	1298	51	552	552	NUM
cblr-2902	1298	52	$	$	SYM
cblr-2902	1298	53	9,047	9,047	NUM
cblr-2902	1298	54	abitibi	abitibi	NOUN
cblr-2902	1298	55	744	744	NUM
cblr-2902	1298	56	481	481	NUM
cblr-2902	1298	57	473	473	NUM
cblr-2902	1298	58	$	$	SYM
cblr-2902	1298	59	10,319	10,319	NUM
cblr-2902	1298	60	general	general	PROPN
cblr-2902	1298	61	motors	motor	NOUN
cblr-2902	1298	62	743	743	NUM
cblr-2902	1299	1	476	476	NUM
cblr-2902	1299	2	468	468	NUM
cblr-2902	1299	3	$	$	SYM
cblr-2902	1299	4	91,047	91,047	NUM
cblr-2902	1299	5	visteon	visteon	NOUN
cblr-2902	1299	6	744	744	NUM
cblr-2902	1299	7	468	468	NUM
cblr-2902	1299	8	457	457	NUM
cblr-2902	1299	9	$	$	SYM
cblr-2902	1299	10	5,248	5,248	NUM
cblr-2902	1299	11	tribune	tribune	PROPN
cblr-2902	1299	12	co.	co.	PROPN
cblr-2902	1299	13	500	500	NUM
cblr-2902	1299	14	478	478	NUM
cblr-2902	1299	15	423	423	NUM
cblr-2902	1299	16	$	$	SYM
cblr-2902	1299	17	13,150	13,150	NUM
cblr-2902	1299	18	chemtura	chemtura	NOUN
cblr-2902	1299	19	744	744	NUM
cblr-2902	1299	20	266	266	NUM
cblr-2902	1299	21	263	263	NUM
cblr-2902	1299	22	$	$	SYM
cblr-2902	1299	23	3,064	3,064	NUM
cblr-2902	1299	24	smurfit	smurfit	NOUN
cblr-2902	1299	25	-	-	PUNCT
cblr-2902	1299	26	stone	stone	NOUN
cblr-2902	1299	27	container	container	NOUN
cblr-2902	1299	28	743	743	NUM
cblr-2902	1299	29	93	93	NUM
cblr-2902	1299	30	93	93	NUM
cblr-2902	1299	31	$	$	SYM
cblr-2902	1299	32	4,539	4,539	NUM
cblr-2902	1299	33	lyondell	lyondell	NOUN
cblr-2902	1299	34	483	483	NUM
cblr-2902	1300	1	243	243	NUM
cblr-2902	1300	2	55	55	NUM
cblr-2902	1300	3	$	$	SYM
cblr-2902	1300	4	27,313	27,313	NUM
cblr-2902	1300	5	transportation	transportation	NOUN
cblr-2902	1300	6	,	,	PUNCT
cblr-2902	1300	7	communications	communication	NOUN
cblr-2902	1300	8	,	,	PUNCT
cblr-2902	1300	9	electric	electric	NOUN
cblr-2902	1300	10	,	,	PUNCT
cblr-2902	1300	11	gas	gas	NOUN
cblr-2902	1300	12	1490	1490	NUM
cblr-2902	1300	13	709	709	NUM
cblr-2902	1300	14	696	696	NUM
cblr-2902	1300	15	$	$	SYM
cblr-2902	1300	16	31,110	31,110	NUM
cblr-2902	1300	17	nortel	nortel	NOUN
cblr-2902	1300	18	networks	network	NOUN
cblr-2902	1300	19	745	745	NUM
cblr-2902	1300	20	650	650	NUM
cblr-2902	1300	21	639	639	NUM
cblr-2902	1300	22	$	$	SYM
cblr-2902	1300	23	17,068	17,068	NUM
cblr-2902	1300	24	northwest	northwest	PROPN
cblr-2902	1300	25	airlines	airline	NOUN
cblr-2902	1300	26	745	745	NUM
cblr-2902	1300	27	59	59	NUM
cblr-2902	1300	28	57	57	NUM
cblr-2902	1300	29	$	$	SYM
cblr-2902	1300	30	14,042	14,042	NUM
cblr-2902	1300	31	finance	finance	NOUN
cblr-2902	1300	32	,	,	PUNCT
cblr-2902	1300	33	insurance	insurance	NOUN
cblr-2902	1300	34	,	,	PUNCT
cblr-2902	1300	35	and	and	CCONJ
cblr-2902	1300	36	real	real	ADJ
cblr-2902	1300	37	estate	estate	NOUN
cblr-2902	1300	38	2231	2231	NUM
cblr-2902	1300	39	1530	1530	NUM
cblr-2902	1300	40	1481	1481	NUM
cblr-2902	1300	41	$	$	SYM
cblr-2902	1300	42	1,048,533	1,048,533	NUM
cblr-2902	1300	43	lehman	lehman	NOUN
cblr-2902	1300	44	743	743	NUM
cblr-2902	1300	45	712	712	NUM
cblr-2902	1300	46	689	689	NUM
cblr-2902	1300	47	$	$	SYM
cblr-2902	1300	48	691,063	691,063	NUM
cblr-2902	1300	49	wamu	wamu	NOUN
cblr-2902	1300	50	744	744	NUM
cblr-2902	1300	51	696	696	NUM
cblr-2902	1300	52	673	673	NUM
cblr-2902	1300	53	$	$	SYM
cblr-2902	1300	54	327,913	327,913	NUM
cblr-2902	1300	55	general	general	ADJ
cblr-2902	1300	56	growth	growth	NOUN
cblr-2902	1300	57	744	744	NUM
cblr-2902	1300	58	122	122	NUM
cblr-2902	1300	59	119	119	NUM
cblr-2902	1300	60	$	$	SYM
cblr-2902	1300	61	29,557	29,557	NUM
cblr-2902	1300	62	grand	grand	ADJ
cblr-2902	1300	63	total	total	ADJ
cblr-2902	1300	64	9167	9167	NUM
cblr-2902	1300	65	5298	5298	NUM
cblr-2902	1300	66	4961	4961	NUM
cblr-2902	1300	67	$	$	SYM
cblr-2902	1300	68	1,243,370	1,243,370	NUM
cblr-2902	1300	69	no	no	NOUN
cblr-2902	1300	70	.	.	NOUN
cblr-2902	1300	71	1	1	NUM
cblr-2902	1300	72	:	:	SYM
cblr-2902	1300	73	1181	1181	NUM
cblr-2902	1300	74	le	le	X
cblr-2902	1300	75	vera	vera	NOUN
cblr-2902	1300	76	ged	ge	VERB
cblr-2902	1300	77	b	b	PROPN
cblr-2902	1300	78	uyo	uyo	PROPN
cblr-2902	1300	79	ut	ut	PROPN
cblr-2902	1300	80	bankr	bankr	PROPN
cblr-2902	1300	81	uptcies	uptcies	PROPN
cblr-2902	1300	82	205	205	NUM
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cblr-2902	1300	84	results	result	NOUN
cblr-2902	1300	85	figure	figure	VERB
cblr-2902	1300	86	8	8	NUM
cblr-2902	1300	87	:	:	PUNCT
cblr-2902	1300	88	cds	cd	NOUN
cblr-2902	1300	89	and	and	CCONJ
cblr-2902	1300	90	equity	equity	NOUN
cblr-2902	1300	91	prices	price	NOUN
cblr-2902	1300	92	are	be	AUX
cblr-2902	1300	93	negatively	negatively	ADV
cblr-2902	1300	94	correlated	correlate	VERB
cblr-2902	1300	95	as	as	SCONJ
cblr-2902	1300	96	firms	firm	NOUN
cblr-2902	1300	97	approach	approach	VERB
cblr-2902	1300	98	bankruptcy	bankruptcy	NOUN
cblr-2902	1300	99	correlation	correlation	NOUN
cblr-2902	1300	100	between	between	ADP
cblr-2902	1300	101	five	five	NUM
cblr-2902	1300	102	-	-	PUNCT
cblr-2902	1300	103	year	year	NOUN
cblr-2902	1300	104	cds	cd	NOUN
cblr-2902	1300	105	swaps	swap	NOUN
cblr-2902	1300	106	and	and	CCONJ
cblr-2902	1300	107	equity	equity	NOUN
cblr-2902	1300	108	prices	price	NOUN
cblr-2902	1300	109	average	average	ADJ
cblr-2902	1300	110	correlation	correlation	NOUN
cblr-2902	1300	111	mweighted	mweighte	VERB
cblr-2902	1300	112	by	by	ADP
cblr-2902	1300	113	firms	firm	NOUN
cblr-2902	1300	114	-1.00	-1.00	X
cblr-2902	1300	115	-0.89	-0.89	NUM
cblr-2902	1300	116	?	?	PUNCT
cblr-2902	1300	117	weighted	weight	VERB
cblr-2902	1300	118	by	by	ADP
cblr-2902	1300	119	trade	trade	NOUN
cblr-2902	1300	120	dates	date	NOUN
cblr-2902	1300	121	-0.90	-0.90	PRON
cblr-2902	1300	122	-0.80	-0.80	NOUN
cblr-2902	1300	123	072	072	NUM
cblr-2902	1300	124	a	a	DET
cblr-2902	1300	125	weighted	weight	VERB
cblr-2902	1300	126	by	by	ADP
cblr-2902	1300	127	assets	asset	NOUN
cblr-2902	1300	128	.0.80	.0.80	NOUN
cblr-2902	1300	129	-0.74	-0.74	PROPN
cblr-2902	1300	130	-	-	PUNCT
cblr-2902	1300	131	0.72	0.72	NUM
cblr-2902	1300	132	-	-	SYM
cblr-2902	1300	133	07	07	NUM
cblr-2902	1300	134	-0.70	-0.70	NUM
cblr-2902	1300	135	-0.60	-0.60	NUM
cblr-2902	1300	136	.3	.3	NUM
cblr-2902	1300	137	-0.50	-0.50	NUM
cblr-2902	1300	138	-0.40	-0.40	PROPN
cblr-2902	1300	139	-	-	PUNCT
cblr-2902	1300	140	0.30	0.30	NUM
cblr-2902	1300	141	less	less	ADJ
cblr-2902	1300	142	than	than	ADP
cblr-2902	1300	143	one	one	NUM
cblr-2902	1300	144	year	year	NOUN
cblr-2902	1300	145	one	one	NUM
cblr-2902	1300	146	to	to	ADP
cblr-2902	1300	147	two	two	NUM
cblr-2902	1300	148	years	year	NOUN
cblr-2902	1300	149	two	two	NUM
cblr-2902	1300	150	to	to	PART
cblr-2902	1300	151	three	three	NUM
cblr-2902	1300	152	years	year	NOUN
cblr-2902	1300	153	prior	prior	ADV
cblr-2902	1300	154	to	to	ADP
cblr-2902	1300	155	filing	filing	NOUN
cblr-2902	1300	156	prior	prior	ADV
cblr-2902	1300	157	to	to	ADP
cblr-2902	1300	158	filing	filing	NOUN
cblr-2902	1300	159	prior	prior	ADV
cblr-2902	1300	160	to	to	ADP
cblr-2902	1300	161	filing	file	VERB
cblr-2902	1300	162	vi	vi	PROPN
cblr-2902	1300	163	.	.	PROPN
cblr-2902	1300	164	conclusion	conclusion	NOUN
cblr-2902	1300	165	:	:	PUNCT
cblr-2902	1300	166	a	a	DET
cblr-2902	1300	167	shift	shift	NOUN
cblr-2902	1300	168	to	to	ADP
cblr-2902	1300	169	market	market	NOUN
cblr-2902	1300	170	-	-	PUNCT
cblr-2902	1300	171	based	base	VERB
cblr-2902	1300	172	measures	measure	NOUN
cblr-2902	1300	173	of	of	ADP
cblr-2902	1300	174	solvency	solvency	NOUN
cblr-2902	1300	175	can	can	AUX
cblr-2902	1300	176	empower	empower	VERB
cblr-2902	1300	177	risk	risk	NOUN
cblr-2902	1300	178	managers	manager	NOUN
cblr-2902	1300	179	at	at	ADP
cblr-2902	1300	180	banks	bank	NOUN
cblr-2902	1300	181	to	to	PART
cblr-2902	1300	182	block	block	VERB
cblr-2902	1300	183	destabilizing	destabilizing	ADJ
cblr-2902	1300	184	transactions	transaction	NOUN
cblr-2902	1300	185	the	the	DET
cblr-2902	1300	186	problems	problem	NOUN
cblr-2902	1300	187	of	of	ADP
cblr-2902	1300	188	hindsight	hindsight	ADJ
cblr-2902	1300	189	bias	bias	NOUN
cblr-2902	1300	190	and	and	CCONJ
cblr-2902	1300	191	subjective	subjective	ADJ
cblr-2902	1300	192	financial	financial	ADJ
cblr-2902	1300	193	analyses	analysis	NOUN
cblr-2902	1300	194	are	be	AUX
cblr-2902	1300	195	among	among	ADP
cblr-2902	1300	196	the	the	DET
cblr-2902	1300	197	most	most	ADV
cblr-2902	1300	198	challenging	challenging	ADJ
cblr-2902	1300	199	-	-	PUNCT
cblr-2902	1300	200	and	and	CCONJ
cblr-2902	1300	201	most	most	ADV
cblr-2902	1300	202	economically	economically	ADV
cblr-2902	1300	203	important	important	ADJ
cblr-2902	1300	204	-	-	PUNCT
cblr-2902	1300	205	in	in	ADP
cblr-2902	1300	206	bankruptcy	bankruptcy	NOUN
cblr-2902	1300	207	law	law	NOUN
cblr-2902	1300	208	.	.	PUNCT
cblr-2902	1301	1	by	by	ADP
cblr-2902	1301	2	moving	move	VERB
cblr-2902	1301	3	away	away	ADV
cblr-2902	1301	4	from	from	ADP
cblr-2902	1301	5	post	post	ADJ
cblr-2902	1301	6	-	-	ADJ
cblr-2902	1301	7	hoc	hoc	ADJ
cblr-2902	1301	8	expert	expert	NOUN
cblr-2902	1301	9	opinion	opinion	NOUN
cblr-2902	1301	10	and	and	CCONJ
cblr-2902	1301	11	toward	toward	ADP
cblr-2902	1301	12	objectively	objectively	ADV
cblr-2902	1301	13	verifiable	verifiable	ADJ
cblr-2902	1301	14	,	,	PUNCT
cblr-2902	1301	15	contemporaneous	contemporaneous	ADJ
cblr-2902	1301	16	market	market	NOUN
cblr-2902	1301	17	measures	measure	NOUN
cblr-2902	1301	18	,	,	PUNCT
cblr-2902	1301	19	courts	court	NOUN
cblr-2902	1301	20	can	can	AUX
cblr-2902	1301	21	fundamentally	fundamentally	ADV
cblr-2902	1301	22	transform	transform	VERB
cblr-2902	1301	23	fraudulent	fraudulent	ADJ
cblr-2902	1301	24	transfer	transfer	NOUN
cblr-2902	1301	25	law	law	NOUN
cblr-2902	1301	26	for	for	ADP
cblr-2902	1301	27	the	the	DET
cblr-2902	1301	28	better	well	ADJ
cblr-2902	1301	29	.	.	PUNCT
cblr-2902	1302	1	the	the	DET
cblr-2902	1302	2	methods	method	NOUN
cblr-2902	1302	3	we	we	PRON
cblr-2902	1302	4	suggest	suggest	VERB
cblr-2902	1302	5	will	will	AUX
cblr-2902	1302	6	not	not	PART
cblr-2902	1302	7	eliminate	eliminate	VERB
cblr-2902	1302	8	the	the	DET
cblr-2902	1302	9	need	need	NOUN
cblr-2902	1302	10	for	for	ADP
cblr-2902	1302	11	active	active	ADJ
cblr-2902	1302	12	judicial	judicial	ADJ
cblr-2902	1302	13	oversight	oversight	NOUN
cblr-2902	1302	14	aided	aid	VERB
cblr-2902	1302	15	by	by	ADP
cblr-2902	1302	16	outside	outside	ADJ
cblr-2902	1302	17	expertise	expertise	NOUN
cblr-2902	1302	18	because	because	SCONJ
cblr-2902	1302	19	courts	court	NOUN
cblr-2902	1302	20	should	should	AUX
cblr-2902	1302	21	still	still	ADV
cblr-2902	1302	22	confirm	confirm	VERB
cblr-2902	1302	23	that	that	SCONJ
cblr-2902	1302	24	markets	market	NOUN
cblr-2902	1302	25	are	be	AUX
cblr-2902	1302	26	informed	inform	VERB
cblr-2902	1302	27	and	and	CCONJ
cblr-2902	1302	28	free	free	ADJ
cblr-2902	1302	29	of	of	ADP
cblr-2902	1302	30	manipulation	manipulation	NOUN
cblr-2902	1302	31	.	.	PUNCT
cblr-2902	1303	1	however	however	ADV
cblr-2902	1303	2	,	,	PUNCT
cblr-2902	1303	3	market	market	NOUN
cblr-2902	1303	4	-	-	PUNCT
cblr-2902	1303	5	based	base	VERB
cblr-2902	1303	6	methods	method	NOUN
cblr-2902	1303	7	will	will	AUX
cblr-2902	1303	8	greatly	greatly	ADV
cblr-2902	1303	9	reduce	reduce	VERB
cblr-2902	1303	10	the	the	DET
cblr-2902	1303	11	importance	importance	NOUN
cblr-2902	1303	12	of	of	ADP
cblr-2902	1303	13	experts	expert	NOUN
cblr-2902	1303	14	,	,	PUNCT
cblr-2902	1303	15	the	the	DET
cblr-2902	1303	16	danger	danger	NOUN
cblr-2902	1303	17	of	of	ADP
cblr-2902	1303	18	hindsight	hindsight	ADJ
cblr-2902	1303	19	bias	bias	NOUN
cblr-2902	1303	20	,	,	PUNCT
cblr-2902	1303	21	and	and	CCONJ
cblr-2902	1303	22	the	the	DET
cblr-2902	1303	23	unfair	unfair	ADJ
cblr-2902	1303	24	burdens	burden	NOUN
cblr-2902	1303	25	placed	place	VERB
cblr-2902	1303	26	on	on	ADP
cblr-2902	1303	27	judges	judge	NOUN
cblr-2902	1303	28	.	.	PUNCT
cblr-2902	1304	1	as	as	SCONJ
cblr-2902	1304	2	courts	court	NOUN
cblr-2902	1304	3	begin	begin	VERB
cblr-2902	1304	4	to	to	PART
cblr-2902	1304	5	articulate	articulate	VERB
cblr-2902	1304	6	acceptable	acceptable	ADJ
cblr-2902	1304	7	and	and	CCONJ
cblr-2902	1304	8	unacceptable	unacceptable	ADJ
cblr-2902	1304	9	market	market	NOUN
cblr-2902	1304	10	-	-	PUNCT
cblr-2902	1304	11	implied	imply	VERB
cblr-2902	1304	12	probabilities	probability	NOUN
cblr-2902	1304	13	of	of	ADP
cblr-2902	1304	14	default	default	NOUN
cblr-2902	1304	15	,	,	PUNCT
cblr-2902	1304	16	banks	banks	PROPN
cblr-2902	1304	17	columbia	columbia	PROPN
cblr-2902	1304	18	business	business	PROPN
cblr-2902	1304	19	law	law	PROPN
cblr-2902	1304	20	review	review	NOUN
cblr-2902	1304	21	[	[	X
cblr-2902	1304	22	vol	vol	NOUN
cblr-2902	1304	23	.	.	PUNCT
cblr-2902	1304	24	2011206	2011206	NUM
cblr-2902	1304	25	and	and	CCONJ
cblr-2902	1304	26	other	other	ADJ
cblr-2902	1304	27	creditors	creditor	NOUN
cblr-2902	1304	28	will	will	AUX
cblr-2902	1304	29	be	be	AUX
cblr-2902	1304	30	able	able	ADJ
cblr-2902	1304	31	to	to	PART
cblr-2902	1304	32	plan	plan	VERB
cblr-2902	1304	33	and	and	CCONJ
cblr-2902	1304	34	adjust	adjust	VERB
cblr-2902	1304	35	their	their	PRON
cblr-2902	1304	36	behavior	behavior	NOUN
cblr-2902	1304	37	before	before	SCONJ
cblr-2902	1304	38	problems	problem	NOUN
cblr-2902	1304	39	arise	arise	VERB
cblr-2902	1304	40	.	.	PUNCT
cblr-2902	1305	1	banks	bank	NOUN
cblr-2902	1305	2	can	can	AUX
cblr-2902	1305	3	choose	choose	VERB
cblr-2902	1305	4	to	to	ADP
cblr-2902	1305	5	forego	forego	ADJ
cblr-2902	1305	6	funding	funding	NOUN
cblr-2902	1305	7	lbos	lbo	NOUN
cblr-2902	1305	8	or	or	CCONJ
cblr-2902	1305	9	other	other	ADJ
cblr-2902	1305	10	transactions	transaction	NOUN
cblr-2902	1305	11	that	that	PRON
cblr-2902	1305	12	would	would	AUX
cblr-2902	1305	13	create	create	VERB
cblr-2902	1305	14	liability	liability	NOUN
cblr-2902	1305	15	.	.	PUNCT
cblr-2902	1306	1	clear	clear	ADJ
cblr-2902	1306	2	,	,	PUNCT
cblr-2902	1306	3	predictable	predictable	ADJ
cblr-2902	1306	4	judicial	judicial	ADJ
cblr-2902	1306	5	guidance	guidance	NOUN
cblr-2902	1306	6	will	will	AUX
cblr-2902	1306	7	empower	empower	VERB
cblr-2902	1306	8	risk	risk	NOUN
cblr-2902	1306	9	managers	manager	NOUN
cblr-2902	1306	10	at	at	ADP
cblr-2902	1306	11	banks	bank	NOUN
cblr-2902	1306	12	to	to	PART
cblr-2902	1306	13	block	block	VERB
cblr-2902	1306	14	imprudent	imprudent	ADJ
cblr-2902	1306	15	transactions	transaction	NOUN
cblr-2902	1306	16	.	.	PUNCT
cblr-2902	1307	1	when	when	SCONJ
cblr-2902	1307	2	times	time	NOUN
cblr-2902	1307	3	are	be	AUX
cblr-2902	1307	4	good	good	ADJ
cblr-2902	1307	5	,	,	PUNCT
cblr-2902	1307	6	default	default	NOUN
cblr-2902	1307	7	rates	rate	NOUN
cblr-2902	1307	8	are	be	AUX
cblr-2902	1307	9	low	low	ADJ
cblr-2902	1307	10	,	,	PUNCT
cblr-2902	1307	11	and	and	CCONJ
cblr-2902	1307	12	leveraged	leveraged	ADJ
cblr-2902	1307	13	deals	deal	NOUN
cblr-2902	1307	14	are	be	AUX
cblr-2902	1307	15	plentiful	plentiful	ADJ
cblr-2902	1307	16	,	,	PUNCT
cblr-2902	1307	17	risk	risk	NOUN
cblr-2902	1307	18	management	management	NOUN
cblr-2902	1307	19	is	be	AUX
cblr-2902	1307	20	at	at	ADP
cblr-2902	1307	21	the	the	DET
cblr-2902	1307	22	nadir	nadir	NOUN
cblr-2902	1307	23	of	of	ADP
cblr-2902	1307	24	its	its	PRON
cblr-2902	1307	25	power	power	NOUN
cblr-2902	1307	26	.	.	PUNCT
cblr-2902	1308	1	front	front	ADJ
cblr-2902	1308	2	office	office	NOUN
cblr-2902	1308	3	bankers	banker	NOUN
cblr-2902	1308	4	who	who	PRON
cblr-2902	1308	5	source	source	VERB
cblr-2902	1308	6	deals	deal	VERB
cblr-2902	1308	7	and	and	CCONJ
cblr-2902	1308	8	generate	generate	VERB
cblr-2902	1308	9	revenue	revenue	NOUN
cblr-2902	1308	10	outrank	outrank	ADJ
cblr-2902	1308	11	back	back	PROPN
cblr-2902	1308	12	office	office	NOUN
cblr-2902	1308	13	risk	risk	NOUN
cblr-2902	1308	14	managers	manager	NOUN
cblr-2902	1308	15	who	who	PRON
cblr-2902	1308	16	appear	appear	VERB
cblr-2902	1308	17	to	to	PART
cblr-2902	1308	18	generate	generate	VERB
cblr-2902	1308	19	nothing	nothing	PRON
cblr-2902	1308	20	but	but	SCONJ
cblr-2902	1308	21	costs	cost	NOUN
cblr-2902	1308	22	.	.	PUNCT
cblr-2902	1309	1	"	"	PUNCT
cblr-2902	1309	2	'	'	PUNCT
cblr-2902	1309	3	people	people	NOUN
cblr-2902	1309	4	of	of	ADP
cblr-2902	1309	5	lower	low	ADJ
cblr-2902	1309	6	rank	rank	NOUN
cblr-2902	1309	7	rarely	rarely	ADV
cblr-2902	1309	8	triumph	triumph	ADJ
cblr-2902	1309	9	in	in	ADP
cblr-2902	1309	10	a	a	DET
cblr-2902	1309	11	bureaucracy	bureaucracy	NOUN
cblr-2902	1309	12	.	.	PUNCT
cblr-2902	1310	1	their	their	PRON
cblr-2902	1310	2	best	good	ADJ
cblr-2902	1310	3	chance	chance	NOUN
cblr-2902	1310	4	of	of	ADP
cblr-2902	1310	5	prevailing	prevail	VERB
cblr-2902	1310	6	comes	come	VERB
cblr-2902	1310	7	not	not	PART
cblr-2902	1310	8	when	when	SCONJ
cblr-2902	1310	9	the	the	DET
cblr-2902	1310	10	situation	situation	NOUN
cblr-2902	1310	11	is	be	AUX
cblr-2902	1310	12	ambiguous	ambiguous	ADJ
cblr-2902	1310	13	-	-	PUNCT
cblr-2902	1310	14	and	and	CCONJ
cblr-2902	1310	15	charisma	charisma	NOUN
cblr-2902	1310	16	and	and	CCONJ
cblr-2902	1310	17	entrenched	entrenched	ADJ
cblr-2902	1310	18	power	power	NOUN
cblr-2902	1310	19	win	win	VERB
cblr-2902	1310	20	the	the	DET
cblr-2902	1310	21	day	day	NOUN
cblr-2902	1310	22	-	-	PUNCT
cblr-2902	1310	23	but	but	CCONJ
cblr-2902	1310	24	when	when	SCONJ
cblr-2902	1310	25	the	the	DET
cblr-2902	1310	26	data	data	NOUN
cblr-2902	1310	27	is	be	AUX
cblr-2902	1310	28	clear	clear	ADJ
cblr-2902	1310	29	as	as	ADP
cblr-2902	1310	30	day	day	NOUN
cblr-2902	1310	31	.	.	PUNCT
cblr-2902	1311	1	when	when	SCONJ
cblr-2902	1311	2	market	market	NOUN
cblr-2902	1311	3	prices	price	NOUN
cblr-2902	1311	4	become	become	VERB
cblr-2902	1311	5	the	the	DET
cblr-2902	1311	6	best	good	ADJ
cblr-2902	1311	7	predictor	predictor	NOUN
cblr-2902	1311	8	of	of	ADP
cblr-2902	1311	9	fraudulent	fraudulent	ADJ
cblr-2902	1311	10	transfer	transfer	NOUN
cblr-2902	1311	11	liability	liability	NOUN
cblr-2902	1311	12	,	,	PUNCT
cblr-2902	1311	13	banks	bank	NOUN
cblr-2902	1311	14	can	can	AUX
cblr-2902	1311	15	build	build	VERB
cblr-2902	1311	16	contractual	contractual	ADJ
cblr-2902	1311	17	releases	release	NOUN
cblr-2902	1311	18	into	into	ADP
cblr-2902	1311	19	their	their	PRON
cblr-2902	1311	20	funding	funding	NOUN
cblr-2902	1311	21	commitments	commitment	NOUN
cblr-2902	1311	22	that	that	PRON
cblr-2902	1311	23	are	be	AUX
cblr-2902	1311	24	tied	tie	VERB
cblr-2902	1311	25	to	to	ADP
cblr-2902	1311	26	the	the	DET
cblr-2902	1311	27	relevant	relevant	ADJ
cblr-2902	1311	28	prices	price	NOUN
cblr-2902	1311	29	.	.	PUNCT
cblr-2902	1312	1	with	with	ADP
cblr-2902	1312	2	releases	release	NOUN
cblr-2902	1312	3	in	in	ADP
cblr-2902	1312	4	place	place	NOUN
cblr-2902	1312	5	,	,	PUNCT
cblr-2902	1312	6	if	if	SCONJ
cblr-2902	1312	7	the	the	DET
cblr-2902	1312	8	condition	condition	NOUN
cblr-2902	1312	9	of	of	ADP
cblr-2902	1312	10	the	the	DET
cblr-2902	1312	11	debtor	debtor	NOUN
cblr-2902	1312	12	deteriorates	deteriorate	VERB
cblr-2902	1312	13	between	between	ADP
cblr-2902	1312	14	signing	signing	NOUN
cblr-2902	1312	15	and	and	CCONJ
cblr-2902	1312	16	closing	closing	NOUN
cblr-2902	1312	17	,	,	PUNCT
cblr-2902	1312	18	the	the	DET
cblr-2902	1312	19	bank	bank	NOUN
cblr-2902	1312	20	need	need	AUX
cblr-2902	1312	21	not	not	PART
cblr-2902	1312	22	face	face	VERB
cblr-2902	1312	23	the	the	DET
cblr-2902	1312	24	hobson	hobson	NOUN
cblr-2902	1312	25	's	's	PART
cblr-2902	1312	26	choice	choice	NOUN
cblr-2902	1312	27	of	of	ADP
cblr-2902	1312	28	either	either	PRON
cblr-2902	1312	29	walking	walk	VERB
cblr-2902	1312	30	away	away	ADV
cblr-2902	1312	31	empty	empty	ADJ
cblr-2902	1312	32	handed	handed	ADJ
cblr-2902	1312	33	and	and	CCONJ
cblr-2902	1312	34	being	be	AUX
cblr-2902	1312	35	sued	sue	VERB
cblr-2902	1312	36	immediately	immediately	ADV
cblr-2902	1312	37	by	by	ADP
cblr-2902	1312	38	the	the	DET
cblr-2902	1312	39	lbo	lbo	PROPN
cblr-2902	1312	40	sponsor	sponsor	NOUN
cblr-2902	1312	41	for	for	ADP
cblr-2902	1312	42	breach	breach	NOUN
cblr-2902	1312	43	of	of	ADP
cblr-2902	1312	44	contract,24	contract,24	NOUN
cblr-2902	1312	45	4	4	NUM
cblr-2902	1312	46	or	or	CCONJ
cblr-2902	1312	47	staying	stay	VERB
cblr-2902	1312	48	the	the	DET
cblr-2902	1312	49	course	course	NOUN
cblr-2902	1312	50	,	,	PUNCT
cblr-2902	1312	51	collecting	collect	VERB
cblr-2902	1312	52	fees	fee	NOUN
cblr-2902	1312	53	,	,	PUNCT
cblr-2902	1312	54	and	and	CCONJ
cblr-2902	1312	55	being	be	AUX
cblr-2902	1312	56	sued	sue	VERB
cblr-2902	1312	57	later	later	ADV
cblr-2902	1312	58	by	by	ADP
cblr-2902	1312	59	bondholders	bondholder	NOUN
cblr-2902	1312	60	under	under	ADP
cblr-2902	1312	61	a	a	DET
cblr-2902	1312	62	theory	theory	NOUN
cblr-2902	1312	63	of	of	ADP
cblr-2902	1312	64	fraudulent	fraudulent	ADJ
cblr-2902	1312	65	transfer	transfer	NOUN
cblr-2902	1312	66	.	.	PUNCT
cblr-2902	1313	1	in	in	ADP
cblr-2902	1313	2	effect	effect	NOUN
cblr-2902	1313	3	,	,	PUNCT
cblr-2902	1313	4	bankruptcy	bankruptcy	NOUN
cblr-2902	1313	5	courts	court	NOUN
cblr-2902	1313	6	and	and	CCONJ
cblr-2902	1313	7	financial	financial	ADJ
cblr-2902	1313	8	markets	market	NOUN
cblr-2902	1313	9	will	will	AUX
cblr-2902	1313	10	jointly	jointly	ADV
cblr-2902	1313	11	set	set	VERB
cblr-2902	1313	12	minimum	minimum	ADJ
cblr-2902	1313	13	capital	capital	NOUN
cblr-2902	1313	14	adequacy	adequacy	NOUN
cblr-2902	1313	15	and	and	CCONJ
cblr-2902	1313	16	liquidity	liquidity	NOUN
cblr-2902	1313	17	standards	standard	NOUN
cblr-2902	1313	18	for	for	ADP
cblr-2902	1313	19	all	all	DET
cblr-2902	1313	20	non	non	ADJ
cblr-2902	1313	21	-	-	ADJ
cblr-2902	1313	22	financial	financial	ADJ
cblr-2902	1313	23	firms,24	firms,24	NOUN
cblr-2902	1313	24	and	and	CCONJ
cblr-2902	1313	25	large	large	ADJ
cblr-2902	1313	26	banks	bank	NOUN
cblr-2902	1313	27	and	and	CCONJ
cblr-2902	1313	28	other	other	ADJ
cblr-2902	1313	29	creditors	creditor	NOUN
cblr-2902	1313	30	will	will	AUX
cblr-2902	1313	31	enforce	enforce	VERB
cblr-2902	1313	32	2	2	NUM
cblr-2902	1313	33	see	see	NOUN
cblr-2902	1313	34	tet	tet	NOUN
cblr-2902	1313	35	,	,	PUNCT
cblr-2902	1313	36	supra	supra	PROPN
cblr-2902	1313	37	note	note	PROPN
cblr-2902	1313	38	173	173	NUM
cblr-2902	1313	39	,	,	PUNCT
cblr-2902	1313	40	at	at	ADP
cblr-2902	1313	41	112	112	NUM
cblr-2902	1313	42	,	,	PUNCT
cblr-2902	1313	43	114	114	NUM
cblr-2902	1313	44	-	-	SYM
cblr-2902	1313	45	15	15	NUM
cblr-2902	1313	46	,	,	PUNCT
cblr-2902	1313	47	134	134	NUM
cblr-2902	1313	48	-	-	SYM
cblr-2902	1313	49	35	35	NUM
cblr-2902	1313	50	,	,	PUNCT
cblr-2902	1313	51	138	138	NUM
cblr-2902	1313	52	.	.	NOUN
cblr-2902	1313	53	24	24	NUM
cblr-2902	1313	54	the	the	DET
cblr-2902	1313	55	vagueness	vagueness	NOUN
cblr-2902	1313	56	of	of	ADP
cblr-2902	1313	57	currently	currently	ADV
cblr-2902	1313	58	used	use	VERB
cblr-2902	1313	59	materially	materially	ADV
cblr-2902	1313	60	adverse	adverse	ADJ
cblr-2902	1313	61	change	change	NOUN
cblr-2902	1313	62	clauses	clause	NOUN
cblr-2902	1313	63	is	be	AUX
cblr-2902	1313	64	an	an	DET
cblr-2902	1313	65	invitation	invitation	NOUN
cblr-2902	1313	66	to	to	PART
cblr-2902	1313	67	litigate	litigate	VERB
cblr-2902	1313	68	.	.	PUNCT
cblr-2902	1314	1	a	a	DET
cblr-2902	1314	2	contractual	contractual	ADJ
cblr-2902	1314	3	release	release	NOUN
cblr-2902	1314	4	tied	tie	VERB
cblr-2902	1314	5	to	to	ADP
cblr-2902	1314	6	specific	specific	ADJ
cblr-2902	1314	7	market	market	NOUN
cblr-2902	1314	8	indicators	indicator	NOUN
cblr-2902	1314	9	reaching	reach	VERB
cblr-2902	1314	10	specific	specific	ADJ
cblr-2902	1314	11	levels	level	NOUN
cblr-2902	1314	12	would	would	AUX
cblr-2902	1314	13	prevent	prevent	VERB
cblr-2902	1314	14	litigation	litigation	NOUN
cblr-2902	1314	15	.	.	PUNCT
cblr-2902	1315	1	banks	bank	NOUN
cblr-2902	1315	2	already	already	ADV
cblr-2902	1315	3	use	use	VERB
cblr-2902	1315	4	cds	cd	NOUN
cblr-2902	1315	5	spreads	spread	NOUN
cblr-2902	1315	6	to	to	PART
cblr-2902	1315	7	adjust	adjust	VERB
cblr-2902	1315	8	pricing	pricing	NOUN
cblr-2902	1315	9	on	on	ADP
cblr-2902	1315	10	revolving	revolve	VERB
cblr-2902	1315	11	credit	credit	NOUN
cblr-2902	1315	12	facilities	facility	NOUN
cblr-2902	1315	13	for	for	ADP
cblr-2902	1315	14	risk	risk	NOUN
cblr-2902	1315	15	.	.	PUNCT
cblr-2902	1316	1	see	see	VERB
cblr-2902	1316	2	serena	serena	PROPN
cblr-2902	1316	3	ng	ng	PROPN
cblr-2902	1316	4	,	,	PUNCT
cblr-2902	1316	5	banks	bank	NOUN
cblr-2902	1316	6	get	get	VERB
cblr-2902	1316	7	tougher	tough	ADJ
cblr-2902	1316	8	on	on	ADP
cblr-2902	1316	9	credit	credit	NOUN
cblr-2902	1316	10	line	line	NOUN
cblr-2902	1316	11	provisions	provision	NOUN
cblr-2902	1316	12	,	,	PUNCT
cblr-2902	1317	1	wall	wall	PROPN
cblr-2902	1317	2	st	st	PROPN
cblr-2902	1317	3	.	.	PROPN
cblr-2902	1317	4	j.	j.	PROPN
cblr-2902	1317	5	,	,	PUNCT
cblr-2902	1317	6	may	may	AUX
cblr-2902	1317	7	4	4	NUM
cblr-2902	1317	8	,	,	PUNCT
cblr-2902	1317	9	2009	2009	NUM
cblr-2902	1317	10	,	,	PUNCT
cblr-2902	1317	11	at	at	ADP
cblr-2902	1317	12	al	al	PROPN
cblr-2902	1317	13	.	.	PROPN
cblr-2902	1317	14	245	245	NUM
cblr-2902	1317	15	depository	depository	NOUN
cblr-2902	1317	16	institutions	institution	NOUN
cblr-2902	1317	17	and	and	CCONJ
cblr-2902	1317	18	insurance	insurance	NOUN
cblr-2902	1317	19	companies	company	NOUN
cblr-2902	1317	20	are	be	AUX
cblr-2902	1317	21	subject	subject	ADJ
cblr-2902	1317	22	to	to	ADP
cblr-2902	1317	23	special	special	ADJ
cblr-2902	1317	24	administrative	administrative	ADJ
cblr-2902	1317	25	insolvency	insolvency	NOUN
cblr-2902	1317	26	regimes	regime	NOUN
cblr-2902	1317	27	.	.	PUNCT
cblr-2902	1318	1	under	under	ADP
cblr-2902	1318	2	the	the	DET
cblr-2902	1318	3	dodd	dodd	PROPN
cblr-2902	1318	4	-	-	PUNCT
cblr-2902	1318	5	frank	frank	PROPN
cblr-2902	1318	6	wall	wall	PROPN
cblr-2902	1318	7	street	street	PROPN
cblr-2902	1318	8	reform	reform	PROPN
cblr-2902	1318	9	and	and	CCONJ
cblr-2902	1318	10	consumer	consumer	NOUN
cblr-2902	1318	11	protection	protection	NOUN
cblr-2902	1318	12	act	act	PROPN
cblr-2902	1318	13	,	,	PUNCT
cblr-2902	1318	14	almost	almost	ADV
cblr-2902	1318	15	any	any	DET
cblr-2902	1318	16	financial	financial	ADJ
cblr-2902	1318	17	institution	institution	NOUN
cblr-2902	1318	18	that	that	PRON
cblr-2902	1318	19	the	the	DET
cblr-2902	1318	20	secretary	secretary	NOUN
cblr-2902	1318	21	of	of	ADP
cblr-2902	1318	22	the	the	DET
cblr-2902	1318	23	treasury	treasury	PROPN
cblr-2902	1318	24	believes	believe	VERB
cblr-2902	1318	25	to	to	PART
cblr-2902	1318	26	be	be	AUX
cblr-2902	1318	27	systemically	systemically	ADV
cblr-2902	1318	28	important	important	ADJ
cblr-2902	1318	29	and	and	CCONJ
cblr-2902	1318	30	"	"	PUNCT
cblr-2902	1318	31	in	in	ADP
cblr-2902	1318	32	default	default	NOUN
cblr-2902	1318	33	or	or	CCONJ
cblr-2902	1318	34	in	in	ADP
cblr-2902	1318	35	danger	danger	NOUN
cblr-2902	1318	36	of	of	ADP
cblr-2902	1318	37	default	default	NOUN
cblr-2902	1318	38	"	"	PUNCT
cblr-2902	1318	39	may	may	AUX
cblr-2902	1318	40	also	also	ADV
cblr-2902	1318	41	be	be	AUX
cblr-2902	1318	42	placed	place	VERB
cblr-2902	1318	43	into	into	ADP
cblr-2902	1318	44	207no	207no	PROPN
cblr-2902	1318	45	.	.	PUNCT
cblr-2902	1319	1	1	1	NUM
cblr-2902	1319	2	:	:	SYM
cblr-2902	1319	3	118	118	NUM
cblr-2902	1319	4	]	]	PUNCT
cblr-2902	1319	5	le	le	X
cblr-2902	1319	6	vera	vera	NOUN
cblr-2902	1319	7	ged	ge	VERB
cblr-2902	1319	8	b	b	PROPN
cblr-2902	1319	9	uyo	uyo	PROPN
cblr-2902	1319	10	ut	ut	PROPN
cblr-2902	1319	11	bankr	bankr	NOUN
cblr-2902	1319	12	uptcies	uptcie	NOUN
cblr-2902	1319	13	those	those	DET
cblr-2902	1319	14	standards	standard	NOUN
cblr-2902	1319	15	.	.	PUNCT
cblr-2902	1320	1	as	as	ADP
cblr-2902	1320	2	a	a	DET
cblr-2902	1320	3	result	result	NOUN
cblr-2902	1320	4	of	of	ADP
cblr-2902	1320	5	their	their	PRON
cblr-2902	1320	6	gate	gate	NOUN
cblr-2902	1320	7	-	-	PUNCT
cblr-2902	1320	8	keeping	keep	VERB
cblr-2902	1320	9	activities	activity	NOUN
cblr-2902	1320	10	,	,	PUNCT
cblr-2902	1320	11	the	the	DET
cblr-2902	1320	12	law	law	NOUN
cblr-2902	1320	13	will	will	AUX
cblr-2902	1320	14	be	be	AUX
cblr-2902	1320	15	more	more	ADV
cblr-2902	1320	16	fair	fair	ADJ
cblr-2902	1320	17	,	,	PUNCT
cblr-2902	1320	18	predictable	predictable	ADJ
cblr-2902	1320	19	,	,	PUNCT
cblr-2902	1320	20	and	and	CCONJ
cblr-2902	1320	21	administratively	administratively	ADV
cblr-2902	1320	22	efficient	efficient	ADJ
cblr-2902	1320	23	.	.	PUNCT
cblr-2902	1321	1	with	with	ADP
cblr-2902	1321	2	fewer	few	ADJ
cblr-2902	1321	3	ill	ill	ADV
cblr-2902	1321	4	-	-	PUNCT
cblr-2902	1321	5	conceived	conceive	VERB
cblr-2902	1321	6	leveraged	leveraged	ADJ
cblr-2902	1321	7	transactions	transaction	NOUN
cblr-2902	1321	8	and	and	CCONJ
cblr-2902	1321	9	fewer	few	ADJ
cblr-2902	1321	10	resulting	result	VERB
cblr-2902	1321	11	business	business	NOUN
cblr-2902	1321	12	bankruptcies	bankruptcy	NOUN
cblr-2902	1321	13	,	,	PUNCT
cblr-2902	1321	14	the	the	DET
cblr-2902	1321	15	economy	economy	NOUN
cblr-2902	1321	16	will	will	AUX
cblr-2902	1321	17	be	be	AUX
cblr-2902	1321	18	more	more	ADV
cblr-2902	1321	19	stable	stable	ADJ
cblr-2902	1321	20	.	.	PUNCT
cblr-2902	1322	1	vii	vii	PROPN
cblr-2902	1322	2	.	.	PUNCT
cblr-2902	1323	1	appendix	appendix	VERB
cblr-2902	1323	2	i	i	PRON
cblr-2902	1323	3	:	:	PUNCT
cblr-2902	1323	4	explanation	explanation	NOUN
cblr-2902	1323	5	of	of	ADP
cblr-2902	1323	6	traditional	traditional	ADJ
cblr-2902	1323	7	methods	method	NOUN
cblr-2902	1323	8	of	of	ADP
cblr-2902	1323	9	solvency	solvency	NOUN
cblr-2902	1323	10	analysis	analysis	NOUN
cblr-2902	1323	11	a.	a.	NOUN
cblr-2902	1323	12	liquidity	liquidity	NOUN
cblr-2902	1323	13	analysis	analysis	NOUN
cblr-2902	1323	14	liquidity	liquidity	NOUN
cblr-2902	1323	15	analysis	analysis	NOUN
cblr-2902	1323	16	focuses	focus	VERB
cblr-2902	1323	17	on	on	ADP
cblr-2902	1323	18	whether	whether	SCONJ
cblr-2902	1323	19	a	a	DET
cblr-2902	1323	20	debtor	debtor	NOUN
cblr-2902	1323	21	has	have	AUX
cblr-2902	1323	22	sufficient	sufficient	ADJ
cblr-2902	1323	23	cash	cash	NOUN
cblr-2902	1323	24	to	to	PART
cblr-2902	1323	25	repay	repay	VERB
cblr-2902	1323	26	debt	debt	NOUN
cblr-2902	1323	27	and	and	CCONJ
cblr-2902	1323	28	continue	continue	VERB
cblr-2902	1323	29	as	as	ADP
cblr-2902	1323	30	a	a	DET
cblr-2902	1323	31	going	go	VERB
cblr-2902	1323	32	concern	concern	NOUN
cblr-2902	1323	33	.	.	PUNCT
cblr-2902	1324	1	it	it	PRON
cblr-2902	1324	2	focuses	focus	VERB
cblr-2902	1324	3	on	on	ADP
cblr-2902	1324	4	cash	cash	NOUN
cblr-2902	1324	5	on	on	ADP
cblr-2902	1324	6	hand	hand	NOUN
cblr-2902	1324	7	and	and	CCONJ
cblr-2902	1324	8	predictable	predictable	ADJ
cblr-2902	1324	9	future	future	ADJ
cblr-2902	1324	10	sources	source	NOUN
cblr-2902	1324	11	and	and	CCONJ
cblr-2902	1324	12	uses	use	NOUN
cblr-2902	1324	13	of	of	ADP
cblr-2902	1324	14	cash	cash	NOUN
cblr-2902	1324	15	.	.	PUNCT
cblr-2902	1325	1	the	the	DET
cblr-2902	1325	2	analysis	analysis	NOUN
cblr-2902	1325	3	often	often	ADV
cblr-2902	1325	4	includes	includes	AUX
cblr-2902	1325	5	expected	expect	VERB
cblr-2902	1325	6	future	future	ADJ
cblr-2902	1325	7	ability	ability	NOUN
cblr-2902	1325	8	to	to	PART
cblr-2902	1325	9	borrow	borrow	VERB
cblr-2902	1325	10	as	as	ADP
cblr-2902	1325	11	a	a	DET
cblr-2902	1325	12	source	source	NOUN
cblr-2902	1325	13	of	of	ADP
cblr-2902	1325	14	cash.246	cash.246	NOUN
cblr-2902	1325	15	in	in	ADP
cblr-2902	1325	16	addition	addition	NOUN
cblr-2902	1325	17	,	,	PUNCT
cblr-2902	1325	18	courts	court	NOUN
cblr-2902	1325	19	will	will	AUX
cblr-2902	1325	20	often	often	ADV
cblr-2902	1325	21	consider	consider	VERB
cblr-2902	1325	22	a	a	DET
cblr-2902	1325	23	debtor	debtor	NOUN
cblr-2902	1325	24	's	's	PART
cblr-2902	1325	25	value	value	NOUN
cblr-2902	1325	26	independently	independently	ADV
cblr-2902	1325	27	of	of	ADP
cblr-2902	1325	28	its	its	PRON
cblr-2902	1325	29	liquidity.247	liquidity.247	NOUN
cblr-2902	1325	30	a	a	DET
cblr-2902	1325	31	debtor	debtor	NOUN
cblr-2902	1325	32	could	could	AUX
cblr-2902	1325	33	theoretically	theoretically	ADV
cblr-2902	1325	34	have	have	VERB
cblr-2902	1325	35	a	a	DET
cblr-2902	1325	36	high	high	ADJ
cblr-2902	1325	37	net	net	ADJ
cblr-2902	1325	38	worth	worth	NOUN
cblr-2902	1325	39	,	,	PUNCT
cblr-2902	1325	40	yet	yet	ADV
cblr-2902	1325	41	be	be	AUX
cblr-2902	1325	42	unable	unable	ADJ
cblr-2902	1325	43	to	to	PART
cblr-2902	1325	44	pay	pay	VERB
cblr-2902	1325	45	its	its	PRON
cblr-2902	1325	46	debts	debt	NOUN
cblr-2902	1325	47	as	as	SCONJ
cblr-2902	1325	48	they	they	PRON
cblr-2902	1325	49	become	become	VERB
cblr-2902	1325	50	due	due	ADJ
cblr-2902	1325	51	or	or	CCONJ
cblr-2902	1325	52	continue	continue	VERB
cblr-2902	1325	53	operations	operation	NOUN
cblr-2902	1325	54	because	because	SCONJ
cblr-2902	1325	55	the	the	DET
cblr-2902	1325	56	debtor	debtor	NOUN
cblr-2902	1325	57	has	have	AUX
cblr-2902	1325	58	limited	limit	VERB
cblr-2902	1325	59	access	access	NOUN
cblr-2902	1325	60	to	to	ADP
cblr-2902	1325	61	cash	cash	NOUN
cblr-2902	1325	62	.	.	PUNCT
cblr-2902	1326	1	the	the	DET
cblr-2902	1326	2	courts	court	NOUN
cblr-2902	1326	3	require	require	VERB
cblr-2902	1326	4	a	a	DET
cblr-2902	1326	5	liquidity	liquidity	NOUN
cblr-2902	1326	6	cushion	cushion	NOUN
cblr-2902	1326	7	capable	capable	ADJ
cblr-2902	1326	8	of	of	ADP
cblr-2902	1326	9	withstanding	withstand	VERB
cblr-2902	1326	10	reasonably	reasonably	ADV
cblr-2902	1326	11	foreseeable	foreseeable	ADJ
cblr-2902	1326	12	setbacks	setback	NOUN
cblr-2902	1326	13	,	,	PUNCT
cblr-2902	1326	14	but	but	CCONJ
cblr-2902	1326	15	not	not	PART
cblr-2902	1326	16	any	any	PRON
cblr-2902	1326	17	and	and	CCONJ
cblr-2902	1326	18	all	all	DET
cblr-2902	1326	19	setbacks.2	setbacks.2	NOUN
cblr-2902	1326	20	48	48	NUM
cblr-2902	1326	21	while	while	SCONJ
cblr-2902	1326	22	this	this	DET
cblr-2902	1326	23	standard	standard	NOUN
cblr-2902	1326	24	may	may	AUX
cblr-2902	1326	25	seem	seem	VERB
cblr-2902	1326	26	prudent	prudent	ADJ
cblr-2902	1326	27	an	an	DET
cblr-2902	1326	28	fdic	fdic	PROPN
cblr-2902	1326	29	-	-	PUNCT
cblr-2902	1326	30	administered	administer	VERB
cblr-2902	1326	31	"	"	PUNCT
cblr-2902	1326	32	orderly	orderly	ADJ
cblr-2902	1326	33	liquidation	liquidation	NOUN
cblr-2902	1326	34	"	"	PUNCT
cblr-2902	1326	35	proceeding	proceeding	NOUN
cblr-2902	1326	36	.	.	PUNCT
cblr-2902	1327	1	h.r	h.r	PROPN
cblr-2902	1327	2	.	.	PROPN
cblr-2902	1327	3	4173	4173	NUM
cblr-2902	1327	4	§	§	PROPN
cblr-2902	1327	5	202(b)(1)(a	202(b)(1)(a	NUM
cblr-2902	1327	6	)	)	PUNCT
cblr-2902	1327	7	.	.	PUNCT
cblr-2902	1328	1	orderly	orderly	ADJ
cblr-2902	1328	2	liquidation	liquidation	NOUN
cblr-2902	1328	3	authority	authority	NOUN
cblr-2902	1328	4	requires	require	VERB
cblr-2902	1328	5	either	either	CCONJ
cblr-2902	1328	6	agreement	agreement	NOUN
cblr-2902	1328	7	by	by	ADP
cblr-2902	1328	8	the	the	DET
cblr-2902	1328	9	board	board	NOUN
cblr-2902	1328	10	of	of	ADP
cblr-2902	1328	11	directors	director	NOUN
cblr-2902	1328	12	of	of	ADP
cblr-2902	1328	13	the	the	DET
cblr-2902	1328	14	financial	financial	ADJ
cblr-2902	1328	15	institution	institution	NOUN
cblr-2902	1328	16	or	or	CCONJ
cblr-2902	1328	17	expedited	expedite	VERB
cblr-2902	1328	18	court	court	NOUN
cblr-2902	1328	19	approval	approval	NOUN
cblr-2902	1328	20	.	.	PUNCT
cblr-2902	1329	1	i	i	PRON
cblr-2902	1329	2	d.	d.	PROPN
cblr-2902	1329	3	§	§	PROPN
cblr-2902	1329	4	202(b)(2	202(b)(2	NUM
cblr-2902	1329	5	)	)	PUNCT
cblr-2902	1329	6	.	.	PUNCT
cblr-2902	1330	1	for	for	ADP
cblr-2902	1330	2	broker	broker	NOUN
cblr-2902	1330	3	-	-	PUNCT
cblr-2902	1330	4	dealers	dealer	NOUN
cblr-2902	1330	5	and	and	CCONJ
cblr-2902	1330	6	insurance	insurance	NOUN
cblr-2902	1330	7	companies	company	NOUN
cblr-2902	1330	8	,	,	PUNCT
cblr-2902	1330	9	additional	additional	ADJ
cblr-2902	1330	10	regulatory	regulatory	ADJ
cblr-2902	1330	11	approvals	approval	NOUN
cblr-2902	1330	12	are	be	AUX
cblr-2902	1330	13	required	require	VERB
cblr-2902	1330	14	.	.	PUNCT
cblr-2902	1331	1	i	i	PRON
cblr-2902	1331	2	d.	d.	PROPN
cblr-2902	1331	3	§	§	PROPN
cblr-2902	1331	4	205	205	NUM
cblr-2902	1331	5	.	.	PUNCT
cblr-2902	1332	1	246	246	NUM
cblr-2902	1332	2	peltz	peltz	PROPN
cblr-2902	1332	3	v.	v.	PROPN
cblr-2902	1332	4	hatten	hatten	PROPN
cblr-2902	1332	5	,	,	PUNCT
cblr-2902	1332	6	279	279	NUM
cblr-2902	1332	7	b.r	b.r	PROPN
cblr-2902	1332	8	.	.	PROPN
cblr-2902	1332	9	710	710	NUM
cblr-2902	1332	10	,	,	PUNCT
cblr-2902	1332	11	747	747	NUM
cblr-2902	1332	12	(	(	PUNCT
cblr-2902	1332	13	d.	d.	PROPN
cblr-2902	1332	14	del	del	PROPN
cblr-2902	1332	15	.	.	PROPN
cblr-2902	1332	16	2002	2002	NUM
cblr-2902	1332	17	)	)	PUNCT
cblr-2902	1332	18	(	(	PUNCT
cblr-2902	1332	19	finding	find	VERB
cblr-2902	1332	20	that	that	SCONJ
cblr-2902	1332	21	debtor	debtor	NOUN
cblr-2902	1332	22	would	would	AUX
cblr-2902	1332	23	likely	likely	ADV
cblr-2902	1332	24	have	have	AUX
cblr-2902	1332	25	been	be	AUX
cblr-2902	1332	26	able	able	ADJ
cblr-2902	1332	27	to	to	PART
cblr-2902	1332	28	finance	finance	VERB
cblr-2902	1332	29	itself	itself	PRON
cblr-2902	1332	30	through	through	ADP
cblr-2902	1332	31	,	,	PUNCT
cblr-2902	1332	32	inter	inter	PROPN
cblr-2902	1332	33	alia	alia	PROPN
cblr-2902	1332	34	,	,	PUNCT
cblr-2902	1332	35	the	the	DET
cblr-2902	1332	36	high	high	ADJ
cblr-2902	1332	37	-	-	PUNCT
cblr-2902	1332	38	yield	yield	NOUN
cblr-2902	1332	39	bond	bond	NOUN
cblr-2902	1332	40	markets	market	NOUN
cblr-2902	1332	41	during	during	ADP
cblr-2902	1332	42	two	two	NUM
cblr-2902	1332	43	years	year	NOUN
cblr-2902	1332	44	of	of	ADP
cblr-2902	1332	45	negative	negative	ADJ
cblr-2902	1332	46	projected	project	VERB
cblr-2902	1332	47	ebitda	ebitda	NOUN
cblr-2902	1332	48	)	)	PUNCT
cblr-2902	1332	49	.	.	PUNCT
cblr-2902	1333	1	2	2	NUM
cblr-2902	1333	2	see	see	VERB
cblr-2902	1333	3	,	,	PUNCT
cblr-2902	1333	4	e.g.	e.g.	ADV
cblr-2902	1333	5	,	,	PUNCT
cblr-2902	1333	6	mfs	mfs	PROPN
cblr-2902	1333	7	/	/	SYM
cblr-2902	1333	8	sun	sun	PROPN
cblr-2902	1333	9	life	life	PROPN
cblr-2902	1333	10	trust	trust	NOUN
cblr-2902	1333	11	-	-	PUNCT
cblr-2902	1333	12	high	high	ADJ
cblr-2902	1333	13	yield	yield	NOUN
cblr-2902	1333	14	series	series	PROPN
cblr-2902	1333	15	v.	v.	PROPN
cblr-2902	1333	16	van	van	PROPN
cblr-2902	1333	17	dusen	dusen	PROPN
cblr-2902	1333	18	airport	airport	PROPN
cblr-2902	1333	19	servs	servs	PROPN
cblr-2902	1333	20	.	.	PUNCT
cblr-2902	1334	1	co.	co.	PROPN
cblr-2902	1334	2	,	,	PUNCT
cblr-2902	1334	3	910	910	PROPN
cblr-2902	1334	4	f.	f.	PROPN
cblr-2902	1334	5	supp	supp	PROPN
cblr-2902	1334	6	.	.	PUNCT
cblr-2902	1335	1	913	913	NUM
cblr-2902	1335	2	,	,	PUNCT
cblr-2902	1335	3	944	944	NUM
cblr-2902	1335	4	(	(	PUNCT
cblr-2902	1335	5	s.d.n.y	s.d.n.y	PROPN
cblr-2902	1335	6	.	.	PROPN
cblr-2902	1335	7	1995	1995	NUM
cblr-2902	1335	8	)	)	PUNCT
cblr-2902	1335	9	;	;	PUNCT
cblr-2902	1336	1	peltz	peltz	NOUN
cblr-2902	1336	2	,	,	PUNCT
cblr-2902	1336	3	279	279	NUM
cblr-2902	1336	4	b.r	b.r	PROPN
cblr-2902	1336	5	.	.	PROPN
cblr-2902	1336	6	at	at	ADP
cblr-2902	1336	7	742	742	NUM
cblr-2902	1336	8	-	-	SYM
cblr-2902	1336	9	43	43	NUM
cblr-2902	1336	10	;	;	PUNCT
cblr-2902	1336	11	official	official	ADJ
cblr-2902	1336	12	comm	comm	NOUN
cblr-2902	1336	13	.	.	PUNCT
cblr-2902	1336	14	of	of	ADP
cblr-2902	1336	15	former	former	ADJ
cblr-2902	1336	16	partners	partner	NOUN
cblr-2902	1336	17	v.	v.	ADP
cblr-2902	1336	18	brennan	brennan	PROPN
cblr-2902	1336	19	(	(	PUNCT
cblr-2902	1336	20	in	in	ADP
cblr-2902	1336	21	re	re	X
cblr-2902	1336	22	labrum	labrum	PROPN
cblr-2902	1336	23	&	&	CCONJ
cblr-2902	1336	24	doak	doak	PROPN
cblr-2902	1336	25	,	,	PUNCT
cblr-2902	1336	26	llp	llp	PROPN
cblr-2902	1336	27	)	)	PUNCT
cblr-2902	1336	28	,	,	PUNCT
cblr-2902	1336	29	227	227	NUM
cblr-2902	1336	30	b.r	b.r	PROPN
cblr-2902	1336	31	.	.	PROPN
cblr-2902	1336	32	383	383	NUM
cblr-2902	1336	33	,	,	PUNCT
cblr-2902	1336	34	387	387	NUM
cblr-2902	1336	35	-	-	SYM
cblr-2902	1336	36	88	88	NUM
cblr-2902	1336	37	(	(	PUNCT
cblr-2902	1336	38	bankr	bankr	PROPN
cblr-2902	1336	39	.	.	PUNCT
cblr-2902	1337	1	e.d	e.d	PROPN
cblr-2902	1337	2	.	.	PROPN
cblr-2902	1337	3	pa	pa	PROPN
cblr-2902	1337	4	.	.	PROPN
cblr-2902	1337	5	1998	1998	NUM
cblr-2902	1337	6	)	)	PUNCT
cblr-2902	1337	7	;	;	PUNCT
cblr-2902	1337	8	liebersohn	liebersohn	PROPN
cblr-2902	1337	9	v.	v.	ADP
cblr-2902	1337	10	zisholtz	zisholtz	PROPN
cblr-2902	1337	11	(	(	PUNCT
cblr-2902	1337	12	in	in	ADP
cblr-2902	1337	13	re	re	ADJ
cblr-2902	1337	14	martin	martin	PROPN
cblr-2902	1337	15	's	's	PART
cblr-2902	1337	16	aquarium	aquarium	PROPN
cblr-2902	1337	17	,	,	PUNCT
cblr-2902	1337	18	inc	inc	PROPN
cblr-2902	1337	19	.	.	PROPN
cblr-2902	1337	20	)	)	PUNCT
cblr-2902	1337	21	,	,	PUNCT
cblr-2902	1337	22	225	225	NUM
cblr-2902	1337	23	b.r	b.r	PROPN
cblr-2902	1337	24	.	.	PROPN
cblr-2902	1337	25	868	868	NUM
cblr-2902	1337	26	,	,	PUNCT
cblr-2902	1337	27	876	876	NUM
cblr-2902	1337	28	-	-	SYM
cblr-2902	1337	29	77	77	NUM
cblr-2902	1337	30	(	(	PUNCT
cblr-2902	1337	31	bankr	bankr	PROPN
cblr-2902	1337	32	.	.	PUNCT
cblr-2902	1338	1	e.d	e.d	PROPN
cblr-2902	1338	2	.	.	PROPN
cblr-2902	1338	3	pa	pa	PROPN
cblr-2902	1338	4	.	.	PROPN
cblr-2902	1338	5	1998	1998	NUM
cblr-2902	1338	6	)	)	PUNCT
cblr-2902	1338	7	.	.	PUNCT
cblr-2902	1339	1	2	2	NUM
cblr-2902	1339	2	see	see	VERB
cblr-2902	1339	3	,	,	PUNCT
cblr-2902	1339	4	e.g.	e.g.	ADV
cblr-2902	1339	5	,	,	PUNCT
cblr-2902	1339	6	van	van	PROPN
cblr-2902	1339	7	dusen	dusen	PROPN
cblr-2902	1339	8	airport	airport	PROPN
cblr-2902	1339	9	servs	servs	PROPN
cblr-2902	1339	10	.	.	PUNCT
cblr-2902	1339	11	,	,	PUNCT
cblr-2902	1339	12	910	910	NUM
cblr-2902	1339	13	f.	f.	PROPN
cblr-2902	1339	14	supp	supp	PROPN
cblr-2902	1339	15	.	.	PUNCT
cblr-2902	1340	1	at	at	ADP
cblr-2902	1340	2	944	944	NUM
cblr-2902	1340	3	(	(	PUNCT
cblr-2902	1340	4	"	"	PUNCT
cblr-2902	1340	5	no	no	ADV
cblr-2902	1340	6	doubt	doubt	NOUN
cblr-2902	1340	7	,	,	PUNCT
cblr-2902	1340	8	[	[	X
cblr-2902	1340	9	the	the	DET
cblr-2902	1340	10	debtor	debtor	NOUN
cblr-2902	1340	11	]	]	PUNCT
cblr-2902	1340	12	could	could	AUX
cblr-2902	1340	13	have	have	AUX
cblr-2902	1340	14	weathered	weather	VERB
cblr-2902	1340	15	even	even	ADV
cblr-2902	1340	16	these	these	DET
cblr-2902	1340	17	setbacks	setback	NOUN
cblr-2902	1340	18	if	if	SCONJ
cblr-2902	1340	19	it	it	PRON
cblr-2902	1340	20	had	have	AUX
cblr-2902	1340	21	unlimited	unlimited	ADJ
cblr-2902	1340	22	[	[	X
cblr-2902	1340	23	vol	vol	NOUN
cblr-2902	1340	24	.	.	PUNCT
cblr-2902	1340	25	2011208	2011208	NUM
cblr-2902	1340	26	col	col	PROPN
cblr-2902	1340	27	umbia	umbia	PROPN
cblr-2902	1340	28	b	b	PROPN
cblr-2902	1340	29	usiness	usiness	PROPN
cblr-2902	1340	30	la	la	PROPN
cblr-2902	1340	31	w	w	PROPN
cblr-2902	1340	32	re	re	PROPN
cblr-2902	1340	33	vie	vie	PROPN
cblr-2902	1340	34	w	w	PROPN
cblr-2902	1340	35	on	on	ADP
cblr-2902	1340	36	the	the	DET
cblr-2902	1340	37	surface	surface	NOUN
cblr-2902	1340	38	,	,	PUNCT
cblr-2902	1340	39	in	in	ADP
cblr-2902	1340	40	practice	practice	NOUN
cblr-2902	1340	41	it	it	PRON
cblr-2902	1340	42	introduces	introduce	VERB
cblr-2902	1340	43	tremendous	tremendous	ADJ
cblr-2902	1340	44	uncertainty	uncertainty	NOUN
cblr-2902	1340	45	and	and	CCONJ
cblr-2902	1340	46	potential	potential	NOUN
cblr-2902	1340	47	for	for	ADP
cblr-2902	1340	48	hindsight	hindsight	ADJ
cblr-2902	1340	49	bias.249	bias.249	PROPN
cblr-2902	1340	50	b.	b.	PROPN
cblr-2902	1340	51	discounted	discount	VERB
cblr-2902	1340	52	cash	cash	NOUN
cblr-2902	1340	53	flow	flow	NOUN
cblr-2902	1340	54	(	(	PUNCT
cblr-2902	1340	55	dcf	dcf	NOUN
cblr-2902	1340	56	)	)	PUNCT
cblr-2902	1340	57	discounted	discount	VERB
cblr-2902	1340	58	cash	cash	NOUN
cblr-2902	1340	59	flow	flow	NOUN
cblr-2902	1340	60	(	(	PUNCT
cblr-2902	1340	61	"	"	PUNCT
cblr-2902	1340	62	dcf	dcf	NOUN
cblr-2902	1340	63	"	"	PUNCT
cblr-2902	1340	64	)	)	PUNCT
cblr-2902	1340	65	analysis	analysis	NOUN
cblr-2902	1340	66	has	have	VERB
cblr-2902	1340	67	three	three	NUM
cblr-2902	1340	68	primary	primary	ADJ
cblr-2902	1340	69	components	component	NOUN
cblr-2902	1340	70	:	:	PUNCT
cblr-2902	1340	71	(	(	PUNCT
cblr-2902	1340	72	1	1	X
cblr-2902	1340	73	)	)	PUNCT
cblr-2902	1340	74	projections	projection	NOUN
cblr-2902	1340	75	(	(	PUNCT
cblr-2902	1340	76	or	or	CCONJ
cblr-2902	1340	77	forecasts	forecast	NOUN
cblr-2902	1340	78	)	)	PUNCT
cblr-2902	1340	79	of	of	ADP
cblr-2902	1340	80	future	future	ADJ
cblr-2902	1340	81	cash	cash	NOUN
cblr-2902	1340	82	flows	flow	NOUN
cblr-2902	1340	83	of	of	ADP
cblr-2902	1340	84	the	the	DET
cblr-2902	1340	85	debtor	debtor	NOUN
cblr-2902	1340	86	for	for	ADP
cblr-2902	1340	87	a	a	DET
cblr-2902	1340	88	given	give	VERB
cblr-2902	1340	89	period	period	NOUN
cblr-2902	1340	90	;	;	PUNCT
cblr-2902	1340	91	(	(	PUNCT
cblr-2902	1340	92	2	2	X
cblr-2902	1340	93	)	)	PUNCT
cblr-2902	1340	94	a	a	DET
cblr-2902	1340	95	terminal	terminal	ADJ
cblr-2902	1340	96	value	value	NOUN
cblr-2902	1340	97	used	use	VERB
cblr-2902	1340	98	to	to	PART
cblr-2902	1340	99	limit	limit	VERB
cblr-2902	1340	100	the	the	DET
cblr-2902	1340	101	necessary	necessary	ADJ
cblr-2902	1340	102	projection	projection	NOUN
cblr-2902	1340	103	period	period	NOUN
cblr-2902	1340	104	;	;	PUNCT
cblr-2902	1340	105	and	and	CCONJ
cblr-2902	1340	106	(	(	PUNCT
cblr-2902	1340	107	3	3	X
cblr-2902	1340	108	)	)	PUNCT
cblr-2902	1340	109	a	a	DET
cblr-2902	1340	110	discount	discount	NOUN
cblr-2902	1340	111	rate	rate	NOUN
cblr-2902	1340	112	that	that	PRON
cblr-2902	1340	113	is	be	AUX
cblr-2902	1340	114	used	use	VERB
cblr-2902	1340	115	to	to	PART
cblr-2902	1340	116	convert	convert	VERB
cblr-2902	1340	117	future	future	ADJ
cblr-2902	1340	118	cash	cash	NOUN
cblr-2902	1340	119	flows	flow	NOUN
cblr-2902	1340	120	and	and	CCONJ
cblr-2902	1340	121	the	the	DET
cblr-2902	1340	122	terminal	terminal	ADJ
cblr-2902	1340	123	value	value	NOUN
cblr-2902	1340	124	into	into	ADP
cblr-2902	1340	125	their	their	PRON
cblr-2902	1340	126	present	present	ADJ
cblr-2902	1340	127	value.250	value.250	NOUN
cblr-2902	1340	128	cash	cash	NOUN
cblr-2902	1340	129	flows	flow	NOUN
cblr-2902	1340	130	are	be	AUX
cblr-2902	1340	131	normally	normally	ADV
cblr-2902	1340	132	projected	project	VERB
cblr-2902	1340	133	for	for	ADP
cblr-2902	1340	134	a	a	DET
cblr-2902	1340	135	limited	limited	ADJ
cblr-2902	1340	136	number	number	NOUN
cblr-2902	1340	137	of	of	ADP
cblr-2902	1340	138	years.25	years.25	PROPN
cblr-2902	1340	139	1	1	NUM
cblr-2902	1340	140	cash	cash	NOUN
cblr-2902	1340	141	flows	flow	NOUN
cblr-2902	1340	142	beyond	beyond	ADP
cblr-2902	1340	143	the	the	DET
cblr-2902	1340	144	explicit	explicit	ADJ
cblr-2902	1340	145	projection	projection	NOUN
cblr-2902	1340	146	period	period	NOUN
cblr-2902	1340	147	are	be	AUX
cblr-2902	1340	148	accounted	account	VERB
cblr-2902	1340	149	for	for	ADP
cblr-2902	1340	150	through	through	ADP
cblr-2902	1340	151	a	a	DET
cblr-2902	1340	152	more	more	ADV
cblr-2902	1340	153	loosely	loosely	ADV
cblr-2902	1340	154	estimated	estimate	VERB
cblr-2902	1340	155	"	"	PUNCT
cblr-2902	1340	156	terminal	terminal	ADJ
cblr-2902	1340	157	value	value	NOUN
cblr-2902	1340	158	,	,	PUNCT
cblr-2902	1340	159	"	"	PUNCT
cblr-2902	1340	160	based	base	VERB
cblr-2902	1340	161	either	either	CCONJ
cblr-2902	1340	162	on	on	ADP
cblr-2902	1340	163	an	an	DET
cblr-2902	1340	164	assumed	assumed	ADJ
cblr-2902	1340	165	constant	constant	ADJ
cblr-2902	1340	166	perpetual	perpetual	ADJ
cblr-2902	1340	167	growth	growth	NOUN
cblr-2902	1340	168	rate	rate	NOUN
cblr-2902	1340	169	or	or	CCONJ
cblr-2902	1340	170	some	some	DET
cblr-2902	1340	171	form	form	NOUN
cblr-2902	1340	172	of	of	ADP
cblr-2902	1340	173	multiples	multiple	NOUN
cblr-2902	1340	174	analysis	analysis	NOUN
cblr-2902	1340	175	(	(	PUNCT
cblr-2902	1340	176	discussed	discuss	VERB
cblr-2902	1340	177	infra).252	infra).252	PROPN
cblr-2902	1340	178	1	1	NUM
cblr-2902	1340	179	.	.	PUNCT
cblr-2902	1341	1	projections	projection	NOUN
cblr-2902	1341	2	projections	projection	NOUN
cblr-2902	1341	3	are	be	AUX
cblr-2902	1341	4	generally	generally	ADV
cblr-2902	1341	5	based	base	VERB
cblr-2902	1341	6	on	on	ADP
cblr-2902	1341	7	a	a	DET
cblr-2902	1341	8	financial	financial	ADJ
cblr-2902	1341	9	model	model	NOUN
cblr-2902	1341	10	.	.	PUNCT
cblr-2902	1342	1	the	the	DET
cblr-2902	1342	2	financial	financial	ADJ
cblr-2902	1342	3	model	model	NOUN
cblr-2902	1342	4	can	can	AUX
cblr-2902	1342	5	be	be	AUX
cblr-2902	1342	6	thought	think	VERB
cblr-2902	1342	7	of	of	ADP
cblr-2902	1342	8	as	as	ADP
cblr-2902	1342	9	a	a	DET
cblr-2902	1342	10	machine	machine	NOUN
cblr-2902	1342	11	for	for	ADP
cblr-2902	1342	12	synthesizing	synthesize	VERB
cblr-2902	1342	13	a	a	DET
cblr-2902	1342	14	series	series	NOUN
cblr-2902	1342	15	of	of	ADP
cblr-2902	1342	16	small	small	ADJ
cblr-2902	1342	17	guesses	guess	NOUN
cblr-2902	1342	18	(	(	PUNCT
cblr-2902	1342	19	"	"	PUNCT
cblr-2902	1342	20	assumptions	assumption	NOUN
cblr-2902	1342	21	"	"	PUNCT
cblr-2902	1342	22	)	)	PUNCT
cblr-2902	1342	23	about	about	ADP
cblr-2902	1342	24	the	the	DET
cblr-2902	1342	25	future	future	NOUN
cblr-2902	1342	26	of	of	ADP
cblr-2902	1342	27	components	component	NOUN
cblr-2902	1342	28	of	of	ADP
cblr-2902	1342	29	the	the	DET
cblr-2902	1342	30	debtor	debtor	NOUN
cblr-2902	1342	31	's	's	PART
cblr-2902	1342	32	business	business	NOUN
cblr-2902	1342	33	into	into	ADP
cblr-2902	1342	34	a	a	DET
cblr-2902	1342	35	larger	large	ADJ
cblr-2902	1342	36	guess	guess	NOUN
cblr-2902	1342	37	(	(	PUNCT
cblr-2902	1342	38	"	"	PUNCT
cblr-2902	1342	39	projections	projection	NOUN
cblr-2902	1342	40	"	"	PUNCT
cblr-2902	1342	41	or	or	CCONJ
cblr-2902	1342	42	"	"	PUNCT
cblr-2902	1342	43	forecasts	forecast	NOUN
cblr-2902	1342	44	"	"	PUNCT
cblr-2902	1342	45	)	)	PUNCT
cblr-2902	1342	46	about	about	ADP
cblr-2902	1342	47	the	the	DET
cblr-2902	1342	48	future	future	NOUN
cblr-2902	1342	49	of	of	ADP
cblr-2902	1342	50	the	the	DET
cblr-2902	1342	51	debtor	debtor	NOUN
cblr-2902	1342	52	's	's	PART
cblr-2902	1342	53	business	business	NOUN
cblr-2902	1342	54	as	as	ADP
cblr-2902	1342	55	a	a	DET
cblr-2902	1342	56	whole	whole	NOUN
cblr-2902	1342	57	.	.	PUNCT
cblr-2902	1343	1	the	the	DET
cblr-2902	1343	2	model	model	NOUN
cblr-2902	1343	3	is	be	AUX
cblr-2902	1343	4	usually	usually	ADV
cblr-2902	1343	5	built	build	VERB
cblr-2902	1343	6	working	working	NOUN
cblr-2902	1343	7	capital	capital	NOUN
cblr-2902	1343	8	,	,	PUNCT
cblr-2902	1343	9	but	but	CCONJ
cblr-2902	1343	10	that	that	PRON
cblr-2902	1343	11	is	be	AUX
cblr-2902	1343	12	not	not	PART
cblr-2902	1343	13	the	the	DET
cblr-2902	1343	14	proper	proper	ADJ
cblr-2902	1343	15	legal	legal	ADJ
cblr-2902	1343	16	standard	standard	NOUN
cblr-2902	1343	17	.	.	PUNCT
cblr-2902	1344	1	[	[	X
cblr-2902	1344	2	the	the	DET
cblr-2902	1344	3	debtor	debtor	NOUN
cblr-2902	1344	4	]	]	PUNCT
cblr-2902	1344	5	did	do	AUX
cblr-2902	1344	6	retain	retain	VERB
cblr-2902	1344	7	sufficient	sufficient	ADJ
cblr-2902	1344	8	capital	capital	NOUN
cblr-2902	1344	9	to	to	PART
cblr-2902	1344	10	sustain	sustain	VERB
cblr-2902	1344	11	its	its	PRON
cblr-2902	1344	12	operation	operation	NOUN
cblr-2902	1344	13	for	for	ADP
cblr-2902	1344	14	a	a	DET
cblr-2902	1344	15	substantial	substantial	ADJ
cblr-2902	1344	16	period	period	NOUN
cblr-2902	1344	17	after	after	ADP
cblr-2902	1344	18	the	the	DET
cblr-2902	1344	19	lbo	lbo	PROPN
cblr-2902	1344	20	.	.	PUNCT
cblr-2902	1344	21	"	"	PUNCT
cblr-2902	1344	22	)	)	PUNCT
cblr-2902	1344	23	.	.	PUNCT
cblr-2902	1345	1	249	249	NUM
cblr-2902	1345	2	see	see	VERB
cblr-2902	1345	3	brealey	brealey	NOUN
cblr-2902	1345	4	,	,	PUNCT
cblr-2902	1345	5	myers	myers	PROPN
cblr-2902	1345	6	&	&	CCONJ
cblr-2902	1345	7	allen	allen	PROPN
cblr-2902	1345	8	,	,	PUNCT
cblr-2902	1345	9	supra	supra	PROPN
cblr-2902	1345	10	note	note	NOUN
cblr-2902	1345	11	71	71	NUM
cblr-2902	1345	12	,	,	PUNCT
cblr-2902	1345	13	at	at	ADP
cblr-2902	1345	14	309	309	NUM
cblr-2902	1345	15	(	(	PUNCT
cblr-2902	1345	16	warning	warn	VERB
cblr-2902	1345	17	that	that	SCONJ
cblr-2902	1345	18	accounting	accounting	NOUN
cblr-2902	1345	19	earnings	earning	NOUN
cblr-2902	1345	20	and	and	CCONJ
cblr-2902	1345	21	rates	rate	NOUN
cblr-2902	1345	22	of	of	ADP
cblr-2902	1345	23	return	return	NOUN
cblr-2902	1345	24	can	can	AUX
cblr-2902	1345	25	be	be	AUX
cblr-2902	1345	26	severely	severely	ADV
cblr-2902	1345	27	biased	biased	ADJ
cblr-2902	1345	28	measures	measure	NOUN
cblr-2902	1345	29	of	of	ADP
cblr-2902	1345	30	true	true	ADJ
cblr-2902	1345	31	profitability	profitability	NOUN
cblr-2902	1345	32	)	)	PUNCT
cblr-2902	1345	33	;	;	PUNCT
cblr-2902	1345	34	see	see	VERB
cblr-2902	1345	35	generally	generally	ADV
cblr-2902	1345	36	in	in	ADP
cblr-2902	1345	37	re	re	NOUN
cblr-2902	1345	38	taxman	taxman	NOUN
cblr-2902	1345	39	clothing	clothing	PROPN
cblr-2902	1345	40	co.	co.	PROPN
cblr-2902	1345	41	,	,	PUNCT
cblr-2902	1345	42	inc	inc	PROPN
cblr-2902	1345	43	.	.	PROPN
cblr-2902	1345	44	,	,	PUNCT
cblr-2902	1345	45	905	905	NUM
cblr-2902	1345	46	f.2d	f.2d	NOUN
cblr-2902	1345	47	166	166	NUM
cblr-2902	1345	48	,	,	PUNCT
cblr-2902	1345	49	170	170	NUM
cblr-2902	1345	50	(	(	PUNCT
cblr-2902	1345	51	7th	7th	ADJ
cblr-2902	1345	52	cir	cir	NOUN
cblr-2902	1345	53	.	.	PROPN
cblr-2902	1345	54	1990	1990	NUM
cblr-2902	1345	55	)	)	PUNCT
cblr-2902	1345	56	(	(	PUNCT
cblr-2902	1345	57	warning	warn	VERB
cblr-2902	1345	58	courts	court	NOUN
cblr-2902	1345	59	that	that	SCONJ
cblr-2902	1345	60	"	"	PUNCT
cblr-2902	1345	61	[	[	PUNCT
cblr-2902	1345	62	claution	claution	NOUN
cblr-2902	1345	63	should	should	AUX
cblr-2902	1345	64	be	be	AUX
cblr-2902	1345	65	taken	take	VERB
cblr-2902	1345	66	not	not	PART
cblr-2902	1345	67	to	to	PART
cblr-2902	1345	68	consider	consider	VERB
cblr-2902	1345	69	property	property	NOUN
cblr-2902	1345	70	as	as	ADP
cblr-2902	1345	71	'	'	PUNCT
cblr-2902	1345	72	dead	dead	ADJ
cblr-2902	1345	73	'	'	PUNCT
cblr-2902	1345	74	merely	merely	ADV
cblr-2902	1345	75	because	because	SCONJ
cblr-2902	1345	76	hindsight	hindsight	ADJ
cblr-2902	1345	77	teaches	teach	VERB
cblr-2902	1345	78	that	that	SCONJ
cblr-2902	1345	79	the	the	DET
cblr-2902	1345	80	debtor	debtor	NOUN
cblr-2902	1345	81	was	be	AUX
cblr-2902	1345	82	traveling	travel	VERB
cblr-2902	1345	83	on	on	ADP
cblr-2902	1345	84	the	the	DET
cblr-2902	1345	85	road	road	NOUN
cblr-2902	1345	86	to	to	ADP
cblr-2902	1345	87	financial	financial	ADJ
cblr-2902	1345	88	ruin	ruin	NOUN
cblr-2902	1345	89	"	"	PUNCT
cblr-2902	1345	90	)	)	PUNCT
cblr-2902	1345	91	(	(	PUNCT
cblr-2902	1345	92	quoting	quote	VERB
cblr-2902	1345	93	2	2	NUM
cblr-2902	1345	94	collier	collier	NOUN
cblr-2902	1345	95	on	on	ADP
cblr-2902	1345	96	bankruptcy	bankruptcy	NOUN
cblr-2902	1345	97	1101.31[5	1101.31[5	PROPN
cblr-2902	1345	98	]	]	X
cblr-2902	1345	99	,	,	PUNCT
cblr-2902	1345	100	at	at	ADP
cblr-2902	1345	101	101	101	NUM
cblr-2902	1345	102	-	-	SYM
cblr-2902	1345	103	94	94	NUM
cblr-2902	1345	104	(	(	PUNCT
cblr-2902	1345	105	king	king	NOUN
cblr-2902	1345	106	15	15	NUM
cblr-2902	1345	107	ed	ed	NOUN
cblr-2902	1345	108	.	.	PROPN
cblr-2902	1345	109	1989	1989	NUM
cblr-2902	1345	110	)	)	PUNCT
cblr-2902	1345	111	)	)	PUNCT
cblr-2902	1345	112	.	.	PUNCT
cblr-2902	1346	1	250	250	NUM
cblr-2902	1346	2	see	see	VERB
cblr-2902	1346	3	brealey	brealey	NOUN
cblr-2902	1346	4	,	,	PUNCT
cblr-2902	1346	5	myers	myers	PROPN
cblr-2902	1346	6	&	&	CCONJ
cblr-2902	1346	7	allen	allen	PROPN
cblr-2902	1346	8	,	,	PUNCT
cblr-2902	1346	9	supra	supra	PROPN
cblr-2902	1346	10	note	note	NOUN
cblr-2902	1346	11	71	71	NUM
cblr-2902	1346	12	,	,	PUNCT
cblr-2902	1346	13	at	at	ADP
cblr-2902	1346	14	65	65	NUM
cblr-2902	1346	15	;	;	PUNCT
cblr-2902	1346	16	bernstein	bernstein	PROPN
cblr-2902	1346	17	,	,	PUNCT
cblr-2902	1346	18	seabury	seabury	PROPN
cblr-2902	1346	19	&	&	CCONJ
cblr-2902	1346	20	williams	williams	PROPN
cblr-2902	1346	21	,	,	PUNCT
cblr-2902	1346	22	supra	supra	PROPN
cblr-2902	1346	23	note	note	PROPN
cblr-2902	1346	24	57	57	NUM
cblr-2902	1346	25	,	,	PUNCT
cblr-2902	1346	26	at	at	ADP
cblr-2902	1346	27	187	187	NUM
cblr-2902	1346	28	;	;	PUNCT
cblr-2902	1346	29	doft	doft	PROPN
cblr-2902	1346	30	&	&	CCONJ
cblr-2902	1346	31	co.	co.	PROPN
cblr-2902	1347	1	v.	v.	ADP
cblr-2902	1347	2	travelocity.com	travelocity.com	PROPN
cblr-2902	1347	3	,	,	PUNCT
cblr-2902	1347	4	inc	inc	PROPN
cblr-2902	1347	5	.	.	PROPN
cblr-2902	1347	6	,	,	PUNCT
cblr-2902	1347	7	2004	2004	NUM
cblr-2902	1347	8	wl	wl	NOUN
cblr-2902	1347	9	1152338	1152338	NUM
cblr-2902	1347	10	,	,	PUNCT
cblr-2902	1347	11	at	at	ADP
cblr-2902	1347	12	*	*	NOUN
cblr-2902	1347	13	5	5	NUM
cblr-2902	1347	14	(	(	PUNCT
cblr-2902	1347	15	del	del	PROPN
cblr-2902	1347	16	.	.	PROPN
cblr-2902	1347	17	ch	ch	PROPN
cblr-2902	1347	18	.	.	PROPN
cblr-2902	1347	19	may	may	AUX
cblr-2902	1347	20	20	20	NUM
cblr-2902	1347	21	,	,	PUNCT
cblr-2902	1347	22	2004	2004	NUM
cblr-2902	1347	23	,	,	PUNCT
cblr-2902	1347	24	revised	revise	VERB
cblr-2902	1347	25	may	may	AUX
cblr-2902	1347	26	21	21	NUM
cblr-2902	1347	27	,	,	PUNCT
cblr-2902	1347	28	2004	2004	NUM
cblr-2902	1347	29	)	)	PUNCT
cblr-2902	1347	30	.	.	PUNCT
cblr-2902	1348	1	251	251	NUM
cblr-2902	1348	2	see	see	VERB
cblr-2902	1348	3	bernstein	bernstein	PROPN
cblr-2902	1348	4	,	,	PUNCT
cblr-2902	1348	5	seabury	seabury	PROPN
cblr-2902	1348	6	&	&	CCONJ
cblr-2902	1348	7	williams	williams	PROPN
cblr-2902	1348	8	,	,	PUNCT
cblr-2902	1348	9	supra	supra	PROPN
cblr-2902	1348	10	note	note	PROPN
cblr-2902	1348	11	57	57	NUM
cblr-2902	1348	12	,	,	PUNCT
cblr-2902	1348	13	at	at	ADP
cblr-2902	1348	14	188	188	NUM
cblr-2902	1348	15	.	.	PUNCT
cblr-2902	1349	1	252	252	NUM
cblr-2902	1349	2	see	see	VERB
cblr-2902	1349	3	i	i	PRON
cblr-2902	1349	4	d.	d.	PROPN
cblr-2902	1349	5	at	at	ADP
cblr-2902	1349	6	188	188	NUM
cblr-2902	1349	7	-	-	SYM
cblr-2902	1349	8	89	89	NUM
cblr-2902	1349	9	.	.	PUNCT
cblr-2902	1350	1	209no	209no	PROPN
cblr-2902	1350	2	.	.	PUNCT
cblr-2902	1351	1	1	1	NUM
cblr-2902	1351	2	:	:	SYM
cblr-2902	1351	3	118	118	NUM
cblr-2902	1351	4	]	]	PUNCT
cblr-2902	1351	5	le	le	X
cblr-2902	1351	6	vera	vera	NOUN
cblr-2902	1351	7	ged	ge	VERB
cblr-2902	1351	8	b	b	PROPN
cblr-2902	1351	9	uyo	uyo	PROPN
cblr-2902	1351	10	ut	ut	PROPN
cblr-2902	1351	11	bankr	bankr	PROPN
cblr-2902	1351	12	uptcies	uptcie	NOUN
cblr-2902	1351	13	on	on	ADP
cblr-2902	1351	14	spreadsheet	spreadsheet	NOUN
cblr-2902	1351	15	software	software	NOUN
cblr-2902	1351	16	such	such	ADJ
cblr-2902	1351	17	as	as	ADP
cblr-2902	1351	18	microsoft	microsoft	PROPN
cblr-2902	1351	19	excel	excel	VERB
cblr-2902	1351	20	and	and	CCONJ
cblr-2902	1351	21	is	be	AUX
cblr-2902	1351	22	calibrated	calibrate	VERB
cblr-2902	1351	23	to	to	ADP
cblr-2902	1351	24	a	a	DET
cblr-2902	1351	25	few	few	ADJ
cblr-2902	1351	26	years	year	NOUN
cblr-2902	1351	27	of	of	ADP
cblr-2902	1351	28	the	the	DET
cblr-2902	1351	29	debtor	debtor	NOUN
cblr-2902	1351	30	's	's	PART
cblr-2902	1351	31	historical	historical	ADJ
cblr-2902	1351	32	performance.5	performance.5	NOUN
cblr-2902	1351	33	3	3	NUM
cblr-2902	1351	34	the	the	DET
cblr-2902	1351	35	projections	projection	NOUN
cblr-2902	1351	36	are	be	AUX
cblr-2902	1351	37	generated	generate	VERB
cblr-2902	1351	38	by	by	ADP
cblr-2902	1351	39	making	make	VERB
cblr-2902	1351	40	assumptions	assumption	NOUN
cblr-2902	1351	41	about	about	ADP
cblr-2902	1351	42	how	how	SCONJ
cblr-2902	1351	43	future	future	ADJ
cblr-2902	1351	44	conditions	condition	NOUN
cblr-2902	1351	45	will	will	AUX
cblr-2902	1351	46	differ	differ	VERB
cblr-2902	1351	47	from	from	ADP
cblr-2902	1351	48	the	the	DET
cblr-2902	1351	49	recent	recent	ADJ
cblr-2902	1351	50	past	past	NOUN
cblr-2902	1351	51	-	-	PUNCT
cblr-2902	1351	52	changes	change	NOUN
cblr-2902	1351	53	in	in	ADP
cblr-2902	1351	54	the	the	DET
cblr-2902	1351	55	price	price	NOUN
cblr-2902	1351	56	of	of	ADP
cblr-2902	1351	57	raw	raw	ADJ
cblr-2902	1351	58	materials	material	NOUN
cblr-2902	1351	59	or	or	CCONJ
cblr-2902	1351	60	labor	labor	NOUN
cblr-2902	1351	61	,	,	PUNCT
cblr-2902	1351	62	synergies	synergy	NOUN
cblr-2902	1351	63	from	from	ADP
cblr-2902	1351	64	a	a	DET
cblr-2902	1351	65	merger	merger	NOUN
cblr-2902	1351	66	,	,	PUNCT
cblr-2902	1351	67	demand	demand	NOUN
cblr-2902	1351	68	for	for	ADP
cblr-2902	1351	69	the	the	DET
cblr-2902	1351	70	debtor	debtor	NOUN
cblr-2902	1351	71	's	's	PART
cblr-2902	1351	72	products	product	NOUN
cblr-2902	1351	73	or	or	CCONJ
cblr-2902	1351	74	services	service	NOUN
cblr-2902	1351	75	,	,	PUNCT
cblr-2902	1351	76	pricing	pricing	NOUN
cblr-2902	1351	77	,	,	PUNCT
cblr-2902	1351	78	and	and	CCONJ
cblr-2902	1351	79	margins	margin	NOUN
cblr-2902	1351	80	.	.	PUNCT
cblr-2902	1352	1	sophisticated	sophisticated	ADJ
cblr-2902	1352	2	models	model	NOUN
cblr-2902	1352	3	may	may	AUX
cblr-2902	1352	4	have	have	VERB
cblr-2902	1352	5	granular	granular	ADJ
cblr-2902	1352	6	detail	detail	NOUN
cblr-2902	1352	7	about	about	ADP
cblr-2902	1352	8	business	business	NOUN
cblr-2902	1352	9	units	unit	NOUN
cblr-2902	1352	10	or	or	CCONJ
cblr-2902	1352	11	even	even	ADV
cblr-2902	1352	12	individual	individual	ADJ
cblr-2902	1352	13	product	product	NOUN
cblr-2902	1352	14	lines	line	NOUN
cblr-2902	1352	15	.	.	PUNCT
cblr-2902	1353	1	2	2	X
cblr-2902	1353	2	.	.	X
cblr-2902	1353	3	discount	discount	NOUN
cblr-2902	1353	4	rates	rate	NOUN
cblr-2902	1353	5	discount	discount	NOUN
cblr-2902	1353	6	rates	rate	NOUN
cblr-2902	1353	7	are	be	AUX
cblr-2902	1353	8	used	use	VERB
cblr-2902	1353	9	to	to	PART
cblr-2902	1353	10	convert	convert	VERB
cblr-2902	1353	11	future	future	ADJ
cblr-2902	1353	12	cash	cash	NOUN
cblr-2902	1353	13	flows	flow	NOUN
cblr-2902	1353	14	into	into	ADP
cblr-2902	1353	15	their	their	PRON
cblr-2902	1353	16	present	present	ADJ
cblr-2902	1353	17	values	value	NOUN
cblr-2902	1353	18	.	.	PUNCT
cblr-2902	1354	1	25	25	NUM
cblr-2902	1354	2	4	4	NUM
cblr-2902	1354	3	future	future	ADJ
cblr-2902	1354	4	cash	cash	NOUN
cblr-2902	1354	5	must	must	AUX
cblr-2902	1354	6	be	be	AUX
cblr-2902	1354	7	discounted	discount	VERB
cblr-2902	1354	8	because	because	SCONJ
cblr-2902	1354	9	cash	cash	NOUN
cblr-2902	1354	10	today	today	NOUN
cblr-2902	1354	11	is	be	AUX
cblr-2902	1354	12	worth	worth	ADJ
cblr-2902	1354	13	more	more	ADJ
cblr-2902	1354	14	than	than	ADP
cblr-2902	1354	15	cash	cash	NOUN
cblr-2902	1354	16	in	in	ADP
cblr-2902	1354	17	the	the	DET
cblr-2902	1354	18	future	future	NOUN
cblr-2902	1354	19	.	.	PUNCT
cblr-2902	1355	1	this	this	PRON
cblr-2902	1355	2	is	be	AUX
cblr-2902	1355	3	because	because	SCONJ
cblr-2902	1355	4	cash	cash	NOUN
cblr-2902	1355	5	today	today	NOUN
cblr-2902	1355	6	can	can	AUX
cblr-2902	1355	7	be	be	AUX
cblr-2902	1355	8	invested	invest	VERB
cblr-2902	1355	9	and	and	CCONJ
cblr-2902	1355	10	will	will	AUX
cblr-2902	1355	11	grow	grow	VERB
cblr-2902	1355	12	over	over	ADP
cblr-2902	1355	13	time.255	time.255	ADJ
cblr-2902	1355	14	furthermore	furthermore	ADV
cblr-2902	1355	15	,	,	PUNCT
cblr-2902	1355	16	although	although	SCONJ
cblr-2902	1355	17	cash	cash	NOUN
cblr-2902	1355	18	today	today	NOUN
cblr-2902	1355	19	is	be	AUX
cblr-2902	1355	20	an	an	DET
cblr-2902	1355	21	indisputable	indisputable	ADJ
cblr-2902	1355	22	fact	fact	NOUN
cblr-2902	1355	23	,	,	PUNCT
cblr-2902	1355	24	cash	cash	NOUN
cblr-2902	1355	25	in	in	ADP
cblr-2902	1355	26	the	the	DET
cblr-2902	1355	27	future	future	NOUN
cblr-2902	1355	28	is	be	AUX
cblr-2902	1355	29	an	an	DET
cblr-2902	1355	30	uncertain	uncertain	ADJ
cblr-2902	1355	31	prediction	prediction	NOUN
cblr-2902	1355	32	involving	involve	VERB
cblr-2902	1355	33	risk.256	risk.256	ADP
cblr-2902	1355	34	discounting	discount	VERB
cblr-2902	1355	35	attempts	attempt	NOUN
cblr-2902	1355	36	to	to	PART
cblr-2902	1355	37	take	take	VERB
cblr-2902	1355	38	into	into	ADP
cblr-2902	1355	39	account	account	NOUN
cblr-2902	1355	40	the	the	DET
cblr-2902	1355	41	riskiness	riskiness	NOUN
cblr-2902	1355	42	of	of	ADP
cblr-2902	1355	43	future	future	ADJ
cblr-2902	1355	44	cash	cash	NOUN
cblr-2902	1355	45	flows	flow	NOUN
cblr-2902	1355	46	by	by	ADP
cblr-2902	1355	47	reducing	reduce	VERB
cblr-2902	1355	48	the	the	DET
cblr-2902	1355	49	present	present	ADJ
cblr-2902	1355	50	value	value	NOUN
cblr-2902	1355	51	of	of	ADP
cblr-2902	1355	52	those	those	DET
cblr-2902	1355	53	cash	cash	NOUN
cblr-2902	1355	54	flows	flow	NOUN
cblr-2902	1355	55	.	.	PUNCT
cblr-2902	1356	1	25	25	NUM
cblr-2902	1356	2	7	7	NUM
cblr-2902	1356	3	3	3	NUM
cblr-2902	1356	4	.	.	PUNCT
cblr-2902	1356	5	terminal	terminal	ADJ
cblr-2902	1356	6	value	value	NOUN
cblr-2902	1356	7	terminal	terminal	NOUN
cblr-2902	1356	8	value	value	NOUN
cblr-2902	1356	9	is	be	AUX
cblr-2902	1356	10	relevant	relevant	ADJ
cblr-2902	1356	11	to	to	ADP
cblr-2902	1356	12	a	a	DET
cblr-2902	1356	13	static	static	NOUN
cblr-2902	1356	14	,	,	PUNCT
cblr-2902	1356	15	balance	balance	NOUN
cblr-2902	1356	16	sheet	sheet	NOUN
cblr-2902	1356	17	view	view	NOUN
cblr-2902	1356	18	of	of	ADP
cblr-2902	1356	19	solvency	solvency	NOUN
cblr-2902	1356	20	,	,	PUNCT
cblr-2902	1356	21	but	but	CCONJ
cblr-2902	1356	22	not	not	PART
cblr-2902	1356	23	to	to	ADP
cblr-2902	1356	24	a	a	DET
cblr-2902	1356	25	dynamic	dynamic	ADJ
cblr-2902	1356	26	cash	cash	NOUN
cblr-2902	1356	27	-	-	PUNCT
cblr-2902	1356	28	flow	flow	NOUN
cblr-2902	1356	29	view	view	NOUN
cblr-2902	1356	30	.	.	PUNCT
cblr-2902	1357	1	as	as	SCONJ
cblr-2902	1357	2	projections	projection	NOUN
cblr-2902	1357	3	move	move	VERB
cblr-2902	1357	4	further	far	ADV
cblr-2902	1357	5	into	into	ADP
cblr-2902	1357	6	the	the	DET
cblr-2902	1357	7	future	future	NOUN
cblr-2902	1357	8	,	,	PUNCT
cblr-2902	1357	9	they	they	PRON
cblr-2902	1357	10	become	become	VERB
cblr-2902	1357	11	less	less	ADV
cblr-2902	1357	12	and	and	CCONJ
cblr-2902	1357	13	less	less	ADV
cblr-2902	1357	14	certain	certain	ADJ
cblr-2902	1357	15	.	.	PUNCT
cblr-2902	1358	1	rather	rather	ADV
cblr-2902	1358	2	than	than	SCONJ
cblr-2902	1358	3	provide	provide	VERB
cblr-2902	1358	4	detailed	detailed	ADJ
cblr-2902	1358	5	but	but	CCONJ
cblr-2902	1358	6	dubious	dubious	ADJ
cblr-2902	1358	7	projections	projection	NOUN
cblr-2902	1358	8	into	into	ADP
cblr-2902	1358	9	eternity	eternity	NOUN
cblr-2902	1358	10	,	,	PUNCT
cblr-2902	1358	11	dcf	dcf	PROPN
cblr-2902	1358	12	models	model	NOUN
cblr-2902	1358	13	explicitly	explicitly	ADV
cblr-2902	1358	14	project	project	VERB
cblr-2902	1358	15	a	a	DET
cblr-2902	1358	16	few	few	ADJ
cblr-2902	1358	17	years	year	NOUN
cblr-2902	1358	18	into	into	ADP
cblr-2902	1358	19	the	the	DET
cblr-2902	1358	20	future	future	NOUN
cblr-2902	1358	21	and	and	CCONJ
cblr-2902	1358	22	estimate	estimate	VERB
cblr-2902	1358	23	the	the	DET
cblr-2902	1358	24	value	value	NOUN
cblr-2902	1358	25	of	of	ADP
cblr-2902	1358	26	remaining	remain	VERB
cblr-2902	1358	27	cash	cash	NOUN
cblr-2902	1358	28	flows	flow	NOUN
cblr-2902	1358	29	through	through	ADP
cblr-2902	1358	30	a	a	DET
cblr-2902	1358	31	"	"	PUNCT
cblr-2902	1358	32	terminal	terminal	ADJ
cblr-2902	1358	33	value	value	NOUN
cblr-2902	1358	34	.	.	PUNCT
cblr-2902	1358	35	"	"	PUNCT
cblr-2902	1359	1	the	the	DET
cblr-2902	1359	2	terminal	terminal	ADJ
cblr-2902	1359	3	value	value	NOUN
cblr-2902	1359	4	2	2	NUM
cblr-2902	1359	5	"	"	PUNCT
cblr-2902	1359	6	the	the	DET
cblr-2902	1359	7	number	number	NOUN
cblr-2902	1359	8	of	of	ADP
cblr-2902	1359	9	years	year	NOUN
cblr-2902	1359	10	of	of	ADP
cblr-2902	1359	11	past	past	ADJ
cblr-2902	1359	12	performance	performance	NOUN
cblr-2902	1359	13	that	that	PRON
cblr-2902	1359	14	should	should	AUX
cblr-2902	1359	15	be	be	AUX
cblr-2902	1359	16	considered	consider	VERB
cblr-2902	1359	17	remains	remain	VERB
cblr-2902	1359	18	a	a	DET
cblr-2902	1359	19	source	source	NOUN
cblr-2902	1359	20	of	of	ADP
cblr-2902	1359	21	controversy	controversy	NOUN
cblr-2902	1359	22	,	,	PUNCT
cblr-2902	1359	23	and	and	CCONJ
cblr-2902	1359	24	probably	probably	ADV
cblr-2902	1359	25	depends	depend	VERB
cblr-2902	1359	26	on	on	ADP
cblr-2902	1359	27	the	the	DET
cblr-2902	1359	28	cyclicality	cyclicality	NOUN
cblr-2902	1359	29	of	of	ADP
cblr-2902	1359	30	the	the	DET
cblr-2902	1359	31	debtor	debtor	NOUN
cblr-2902	1359	32	's	's	PART
cblr-2902	1359	33	business	business	NOUN
cblr-2902	1359	34	,	,	PUNCT
cblr-2902	1359	35	because	because	SCONJ
cblr-2902	1359	36	both	both	DET
cblr-2902	1359	37	peak	peak	NOUN
cblr-2902	1359	38	and	and	CCONJ
cblr-2902	1359	39	trough	trough	NOUN
cblr-2902	1359	40	conditions	condition	NOUN
cblr-2902	1359	41	should	should	AUX
cblr-2902	1359	42	be	be	AUX
cblr-2902	1359	43	modeled	model	VERB
cblr-2902	1359	44	.	.	PUNCT
cblr-2902	1360	1	see	see	VERB
cblr-2902	1360	2	koller	koller	PROPN
cblr-2902	1360	3	,	,	PUNCT
cblr-2902	1360	4	goedhart	goedhart	NOUN
cblr-2902	1360	5	&	&	CCONJ
cblr-2902	1360	6	wessels	wessels	PROPN
cblr-2902	1360	7	,	,	PUNCT
cblr-2902	1360	8	supra	supra	PROPN
cblr-2902	1360	9	note	note	PROPN
cblr-2902	1360	10	61	61	NUM
cblr-2902	1360	11	,	,	PUNCT
cblr-2902	1360	12	at	at	ADP
cblr-2902	1360	13	230	230	NUM
cblr-2902	1360	14	,	,	PUNCT
cblr-2902	1360	15	659	659	NUM
cblr-2902	1360	16	.	.	NOUN
cblr-2902	1360	17	2	2	NUM
cblr-2902	1360	18	"	"	PUNCT
cblr-2902	1360	19	see	see	VERB
cblr-2902	1360	20	brealey	brealey	NOUN
cblr-2902	1360	21	,	,	PUNCT
cblr-2902	1360	22	myers	myers	PROPN
cblr-2902	1360	23	&	&	CCONJ
cblr-2902	1360	24	allen	allen	PROPN
cblr-2902	1360	25	,	,	PUNCT
cblr-2902	1360	26	supra	supra	PROPN
cblr-2902	1360	27	note	note	NOUN
cblr-2902	1360	28	71	71	NUM
cblr-2902	1360	29	,	,	PUNCT
cblr-2902	1360	30	at	at	ADP
cblr-2902	1360	31	16	16	NUM
cblr-2902	1360	32	;	;	PUNCT
cblr-2902	1360	33	bernstein	bernstein	PROPN
cblr-2902	1360	34	,	,	PUNCT
cblr-2902	1360	35	seabury	seabury	PROPN
cblr-2902	1360	36	&	&	CCONJ
cblr-2902	1360	37	williams	williams	PROPN
cblr-2902	1360	38	,	,	PUNCT
cblr-2902	1360	39	supra	supra	PROPN
cblr-2902	1360	40	note	note	PROPN
cblr-2902	1360	41	57	57	NUM
cblr-2902	1360	42	,	,	PUNCT
cblr-2902	1360	43	at	at	ADP
cblr-2902	1360	44	189	189	NUM
cblr-2902	1360	45	.	.	PUNCT
cblr-2902	1360	46	25	25	NUM
cblr-2902	1360	47	.	.	PUNCT
cblr-2902	1361	1	see	see	VERB
cblr-2902	1361	2	brealey	brealey	PROPN
cblr-2902	1361	3	,	,	PUNCT
cblr-2902	1361	4	myers	myers	PROPN
cblr-2902	1361	5	&	&	CCONJ
cblr-2902	1361	6	allen	allen	PROPN
cblr-2902	1361	7	,	,	PUNCT
cblr-2902	1361	8	supra	supra	PROPN
cblr-2902	1361	9	note	note	NOUN
cblr-2902	1361	10	71	71	NUM
cblr-2902	1361	11	,	,	PUNCT
cblr-2902	1361	12	at	at	ADP
cblr-2902	1361	13	37	37	NUM
cblr-2902	1361	14	.	.	PUNCT
cblr-2902	1362	1	256	256	NUM
cblr-2902	1362	2	see	see	VERB
cblr-2902	1362	3	i	i	PRON
cblr-2902	1362	4	d.	d.	PROPN
cblr-2902	1362	5	at	at	ADP
cblr-2902	1362	6	222	222	NUM
cblr-2902	1362	7	-	-	SYM
cblr-2902	1362	8	24	24	NUM
cblr-2902	1362	9	.	.	PUNCT
cblr-2902	1363	1	257	257	NUM
cblr-2902	1363	2	see	see	VERB
cblr-2902	1363	3	bernstein	bernstein	PROPN
cblr-2902	1363	4	,	,	PUNCT
cblr-2902	1363	5	seabury	seabury	PROPN
cblr-2902	1363	6	&	&	CCONJ
cblr-2902	1363	7	williams	williams	PROPN
cblr-2902	1363	8	,	,	PUNCT
cblr-2902	1363	9	supra	supra	PROPN
cblr-2902	1363	10	note	note	PROPN
cblr-2902	1363	11	57	57	NUM
cblr-2902	1363	12	,	,	PUNCT
cblr-2902	1363	13	at	at	ADP
cblr-2902	1363	14	189	189	NUM
cblr-2902	1363	15	.	.	PUNCT
cblr-2902	1364	1	col	col	PROPN
cblr-2902	1364	2	umia	umia	PROPN
cblr-2902	1364	3	business	business	PROPN
cblr-2902	1364	4	la	la	PROPN
cblr-2902	1364	5	w	w	PROPN
cblr-2902	1364	6	re	re	PROPN
cblr-2902	1364	7	vie	vie	PROPN
cblr-2902	1364	8	w	w	PROPN
cblr-2902	1365	1	[	[	X
cblr-2902	1365	2	vol	vol	NOUN
cblr-2902	1365	3	.	.	PUNCT
cblr-2902	1366	1	2011210	2011210	NUM
cblr-2902	1366	2	leveraged	leverage	VERB
cblr-2902	1366	3	b	b	PROPN
cblr-2902	1366	4	uyo	uyo	NOUN
cblr-2902	1366	5	ut	ut	PROPN
cblr-2902	1366	6	bankr	bankr	PROPN
cblr-2902	1366	7	uptcies	uptcie	NOUN
cblr-2902	1366	8	generally	generally	ADV
cblr-2902	1366	9	depends	depend	VERB
cblr-2902	1366	10	on	on	ADP
cblr-2902	1366	11	the	the	DET
cblr-2902	1366	12	discount	discount	NOUN
cblr-2902	1366	13	rate	rate	NOUN
cblr-2902	1366	14	,	,	PUNCT
cblr-2902	1366	15	the	the	DET
cblr-2902	1366	16	cash	cash	NOUN
cblr-2902	1366	17	flows	flow	NOUN
cblr-2902	1366	18	projected	project	VERB
cblr-2902	1366	19	in	in	ADP
cblr-2902	1366	20	the	the	DET
cblr-2902	1366	21	last	last	ADJ
cblr-2902	1366	22	period	period	NOUN
cblr-2902	1366	23	of	of	ADP
cblr-2902	1366	24	the	the	DET
cblr-2902	1366	25	explicit	explicit	ADJ
cblr-2902	1366	26	forecast	forecast	NOUN
cblr-2902	1366	27	,	,	PUNCT
cblr-2902	1366	28	and	and	CCONJ
cblr-2902	1366	29	the	the	DET
cblr-2902	1366	30	perpetual	perpetual	ADJ
cblr-2902	1366	31	growth	growth	NOUN
cblr-2902	1366	32	rate	rate	NOUN
cblr-2902	1366	33	.	.	PUNCT
cblr-2902	1367	1	c.	c.	NOUN
cblr-2902	1367	2	multiples	multiple	VERB
cblr-2902	1367	3	analysis	analysis	NOUN
cblr-2902	1367	4	:	:	PUNCT
cblr-2902	1367	5	guideline	guideline	NOUN
cblr-2902	1367	6	(	(	PUNCT
cblr-2902	1367	7	comparable	comparable	ADJ
cblr-2902	1367	8	)	)	PUNCT
cblr-2902	1367	9	companies	company	NOUN
cblr-2902	1367	10	and	and	CCONJ
cblr-2902	1367	11	transactions	transaction	NOUN
cblr-2902	1367	12	multiples	multiple	NOUN
cblr-2902	1367	13	analysis	analysis	NOUN
cblr-2902	1367	14	is	be	AUX
cblr-2902	1367	15	more	more	ADV
cblr-2902	1367	16	relevant	relevant	ADJ
cblr-2902	1367	17	to	to	ADP
cblr-2902	1367	18	the	the	DET
cblr-2902	1367	19	balance	balance	NOUN
cblr-2902	1367	20	sheet	sheet	NOUN
cblr-2902	1367	21	concept	concept	NOUN
cblr-2902	1367	22	of	of	ADP
cblr-2902	1367	23	solvency	solvency	NOUN
cblr-2902	1367	24	than	than	ADP
cblr-2902	1367	25	the	the	DET
cblr-2902	1367	26	cash	cash	NOUN
cblr-2902	1367	27	-	-	PUNCT
cblr-2902	1367	28	flow	flow	NOUN
cblr-2902	1367	29	method	method	NOUN
cblr-2902	1367	30	.	.	PUNCT
cblr-2902	1368	1	it	it	PRON
cblr-2902	1368	2	values	value	VERB
cblr-2902	1368	3	the	the	DET
cblr-2902	1368	4	debtor	debtor	NOUN
cblr-2902	1368	5	based	base	VERB
cblr-2902	1368	6	on	on	ADP
cblr-2902	1368	7	a	a	DET
cblr-2902	1368	8	ratio	ratio	NOUN
cblr-2902	1368	9	of	of	ADP
cblr-2902	1368	10	market	market	NOUN
cblr-2902	1368	11	prices	price	NOUN
cblr-2902	1368	12	to	to	ADP
cblr-2902	1368	13	some	some	DET
cblr-2902	1368	14	accounting	accounting	NOUN
cblr-2902	1368	15	metric.2	metric.2	PROPN
cblr-2902	1368	16	58	58	NUM
cblr-2902	1368	17	however	however	ADV
cblr-2902	1368	18	,	,	PUNCT
cblr-2902	1368	19	rather	rather	ADV
cblr-2902	1368	20	than	than	SCONJ
cblr-2902	1368	21	use	use	VERB
cblr-2902	1368	22	market	market	NOUN
cblr-2902	1368	23	prices	price	NOUN
cblr-2902	1368	24	of	of	ADP
cblr-2902	1368	25	the	the	DET
cblr-2902	1368	26	debtor	debtor	NOUN
cblr-2902	1368	27	,	,	PUNCT
cblr-2902	1368	28	this	this	DET
cblr-2902	1368	29	approach	approach	NOUN
cblr-2902	1368	30	uses	use	VERB
cblr-2902	1368	31	market	market	NOUN
cblr-2902	1368	32	prices	price	NOUN
cblr-2902	1368	33	of	of	ADP
cblr-2902	1368	34	similar	similar	ADJ
cblr-2902	1368	35	firms.25	firms.25	ADJ
cblr-2902	1368	36	9	9	NUM
cblr-2902	1368	37	multiples	multiple	NOUN
cblr-2902	1368	38	can	can	AUX
cblr-2902	1368	39	be	be	AUX
cblr-2902	1368	40	either	either	CCONJ
cblr-2902	1368	41	for	for	ADP
cblr-2902	1368	42	equity	equity	NOUN
cblr-2902	1368	43	alone	alone	ADV
cblr-2902	1368	44	(	(	PUNCT
cblr-2902	1368	45	with	with	ADP
cblr-2902	1368	46	the	the	DET
cblr-2902	1368	47	value	value	NOUN
cblr-2902	1368	48	of	of	ADP
cblr-2902	1368	49	debt	debt	NOUN
cblr-2902	1368	50	added	add	VERB
cblr-2902	1368	51	later	later	ADV
cblr-2902	1368	52	)	)	PUNCT
cblr-2902	1368	53	,	,	PUNCT
cblr-2902	1368	54	or	or	CCONJ
cblr-2902	1368	55	for	for	ADP
cblr-2902	1368	56	the	the	DET
cblr-2902	1368	57	total	total	ADJ
cblr-2902	1368	58	value	value	NOUN
cblr-2902	1368	59	of	of	ADP
cblr-2902	1368	60	the	the	DET
cblr-2902	1368	61	company	company	NOUN
cblr-2902	1368	62	including	include	VERB
cblr-2902	1368	63	debt	debt	NOUN
cblr-2902	1368	64	.	.	PUNCT
cblr-2902	1369	1	performance	performance	NOUN
cblr-2902	1369	2	metrics	metric	NOUN
cblr-2902	1369	3	that	that	PRON
cblr-2902	1369	4	are	be	AUX
cblr-2902	1369	5	typically	typically	ADV
cblr-2902	1369	6	used	use	VERB
cblr-2902	1369	7	include	include	VERB
cblr-2902	1369	8	revenue	revenue	NOUN
cblr-2902	1369	9	,	,	PUNCT
cblr-2902	1369	10	net	net	ADJ
cblr-2902	1369	11	income	income	NOUN
cblr-2902	1369	12	,	,	PUNCT
cblr-2902	1369	13	and	and	CCONJ
cblr-2902	1369	14	earnings	earning	NOUN
cblr-2902	1369	15	before	before	ADP
cblr-2902	1369	16	interest	interest	NOUN
cblr-2902	1369	17	,	,	PUNCT
cblr-2902	1369	18	taxes	taxis	NOUN
cblr-2902	1369	19	,	,	PUNCT
cblr-2902	1369	20	depreciation	depreciation	NOUN
cblr-2902	1369	21	,	,	PUNCT
cblr-2902	1369	22	and	and	CCONJ
cblr-2902	1369	23	amortization	amortization	NOUN
cblr-2902	1369	24	(	(	PUNCT
cblr-2902	1369	25	"	"	PUNCT
cblr-2902	1369	26	ebitda").260	ebitda").260	ADJ
cblr-2902	1369	27	ebitda	ebitda	NOUN
cblr-2902	1369	28	may	may	AUX
cblr-2902	1369	29	be	be	AUX
cblr-2902	1369	30	used	use	VERB
cblr-2902	1369	31	instead	instead	ADV
cblr-2902	1369	32	of	of	ADP
cblr-2902	1369	33	earnings	earning	NOUN
cblr-2902	1369	34	because	because	SCONJ
cblr-2902	1369	35	ebitda	ebitda	NOUN
cblr-2902	1369	36	strips	strip	VERB
cblr-2902	1369	37	away	away	ADV
cblr-2902	1369	38	much	much	ADJ
cblr-2902	1369	39	of	of	ADP
cblr-2902	1369	40	the	the	DET
cblr-2902	1369	41	effect	effect	NOUN
cblr-2902	1369	42	of	of	ADP
cblr-2902	1369	43	capital	capital	NOUN
cblr-2902	1369	44	structure	structure	NOUN
cblr-2902	1369	45	and	and	CCONJ
cblr-2902	1369	46	accounting	accounting	NOUN
cblr-2902	1369	47	,	,	PUNCT
cblr-2902	1369	48	leaving	leave	VERB
cblr-2902	1369	49	a	a	DET
cblr-2902	1369	50	proxy	proxy	NOUN
cblr-2902	1369	51	for	for	ADP
cblr-2902	1369	52	cash	cash	NOUN
cblr-2902	1369	53	flow	flow	NOUN
cblr-2902	1369	54	from	from	ADP
cblr-2902	1369	55	operations.2	operations.2	PROPN
cblr-2902	1369	56	6	6	NUM
cblr-2902	1369	57	'	'	PART
cblr-2902	1369	58	prices	price	NOUN
cblr-2902	1369	59	can	can	AUX
cblr-2902	1369	60	either	either	CCONJ
cblr-2902	1369	61	be	be	AUX
cblr-2902	1369	62	trading	trade	VERB
cblr-2902	1369	63	prices	price	NOUN
cblr-2902	1369	64	of	of	ADP
cblr-2902	1369	65	minority	minority	NOUN
cblr-2902	1369	66	interests	interest	NOUN
cblr-2902	1369	67	(	(	PUNCT
cblr-2902	1369	68	i.e.	i.e.	X
cblr-2902	1369	69	,	,	PUNCT
cblr-2902	1369	70	the	the	DET
cblr-2902	1369	71	price	price	NOUN
cblr-2902	1369	72	at	at	ADP
cblr-2902	1369	73	which	which	PRON
cblr-2902	1369	74	the	the	DET
cblr-2902	1369	75	equity	equity	NOUN
cblr-2902	1369	76	normally	normally	ADV
cblr-2902	1369	77	trades	trade	VERB
cblr-2902	1369	78	in	in	ADP
cblr-2902	1369	79	the	the	DET
cblr-2902	1369	80	stock	stock	NOUN
cblr-2902	1369	81	market	market	NOUN
cblr-2902	1369	82	)	)	PUNCT
cblr-2902	1369	83	or	or	CCONJ
cblr-2902	1369	84	prices	price	NOUN
cblr-2902	1369	85	paid	pay	VERB
cblr-2902	1369	86	for	for	ADP
cblr-2902	1369	87	a	a	DET
cblr-2902	1369	88	controlling	control	VERB
cblr-2902	1369	89	stake	stake	NOUN
cblr-2902	1369	90	during	during	ADP
cblr-2902	1369	91	an	an	DET
cblr-2902	1369	92	acquisition.26	acquisition.26	ADJ
cblr-2902	1369	93	2	2	NUM
cblr-2902	1369	94	when	when	SCONJ
cblr-2902	1369	95	trading	trading	NOUN
cblr-2902	1369	96	prices	price	NOUN
cblr-2902	1369	97	of	of	ADP
cblr-2902	1369	98	minority	minority	NOUN
cblr-2902	1369	99	interests	interest	NOUN
cblr-2902	1369	100	are	be	AUX
cblr-2902	1369	101	used	use	VERB
cblr-2902	1369	102	,	,	PUNCT
cblr-2902	1369	103	this	this	DET
cblr-2902	1369	104	method	method	NOUN
cblr-2902	1369	105	is	be	AUX
cblr-2902	1369	106	referred	refer	VERB
cblr-2902	1369	107	to	to	ADP
cblr-2902	1369	108	as	as	ADP
cblr-2902	1369	109	"	"	PUNCT
cblr-2902	1369	110	comparable	comparable	ADJ
cblr-2902	1369	111	company	company	NOUN
cblr-2902	1369	112	"	"	PUNCT
cblr-2902	1369	113	or	or	CCONJ
cblr-2902	1369	114	"	"	PUNCT
cblr-2902	1369	115	guideline	guideline	NOUN
cblr-2902	1369	116	company	company	NOUN
cblr-2902	1369	117	"	"	PUNCT
cblr-2902	1369	118	analysis	analysis	NOUN
cblr-2902	1369	119	.	.	PUNCT
cblr-2902	1370	1	when	when	SCONJ
cblr-2902	1370	2	the	the	DET
cblr-2902	1370	3	price	price	NOUN
cblr-2902	1370	4	of	of	ADP
cblr-2902	1370	5	a	a	DET
cblr-2902	1370	6	controlling	control	VERB
cblr-2902	1370	7	stake	stake	NOUN
cblr-2902	1370	8	is	be	AUX
cblr-2902	1370	9	used	use	VERB
cblr-2902	1370	10	,	,	PUNCT
cblr-2902	1370	11	this	this	DET
cblr-2902	1370	12	method	method	NOUN
cblr-2902	1370	13	is	be	AUX
cblr-2902	1370	14	referred	refer	VERB
cblr-2902	1370	15	to	to	ADP
cblr-2902	1370	16	as	as	ADP
cblr-2902	1370	17	"	"	PUNCT
cblr-2902	1370	18	similar	similar	ADJ
cblr-2902	1370	19	transaction	transaction	NOUN
cblr-2902	1370	20	"	"	PUNCT
cblr-2902	1370	21	analysis	analysis	NOUN
cblr-2902	1370	22	.	.	PUNCT
cblr-2902	1371	1	acquisition	acquisition	NOUN
cblr-2902	1371	2	prices	price	NOUN
cblr-2902	1371	3	are	be	AUX
cblr-2902	1371	4	generally	generally	ADV
cblr-2902	1371	5	higher	high	ADJ
cblr-2902	1371	6	than	than	ADP
cblr-2902	1371	7	minority	minority	NOUN
cblr-2902	1371	8	interest	interest	NOUN
cblr-2902	1371	9	trading	trading	NOUN
cblr-2902	1371	10	prices	price	NOUN
cblr-2902	1371	11	.	.	PUNCT
cblr-2902	1372	1	this	this	PRON
cblr-2902	1372	2	is	be	AUX
cblr-2902	1372	3	widely	widely	ADV
cblr-2902	1372	4	believed	believe	VERB
cblr-2902	1372	5	to	to	PART
cblr-2902	1372	6	be	be	AUX
cblr-2902	1372	7	because	because	SCONJ
cblr-2902	1372	8	acquirers	acquirer	NOUN
cblr-2902	1372	9	pay	pay	VERB
cblr-2902	1372	10	a	a	DET
cblr-2902	1372	11	control	control	NOUN
cblr-2902	1372	12	5	5	NUM
cblr-2902	1372	13	see	see	VERB
cblr-2902	1372	14	i	i	PRON
cblr-2902	1372	15	d.	d.	PROPN
cblr-2902	1372	16	at	at	ADP
cblr-2902	1372	17	194	194	NUM
cblr-2902	1372	18	.	.	PUNCT
cblr-2902	1373	1	commonly	commonly	ADV
cblr-2902	1373	2	used	use	VERB
cblr-2902	1373	3	metrics	metric	NOUN
cblr-2902	1373	4	include	include	VERB
cblr-2902	1373	5	revenue	revenue	NOUN
cblr-2902	1373	6	,	,	PUNCT
cblr-2902	1373	7	ebit	ebit	NOUN
cblr-2902	1373	8	,	,	PUNCT
cblr-2902	1373	9	and	and	CCONJ
cblr-2902	1373	10	ebitda	ebitda	NOUN
cblr-2902	1373	11	.	.	PUNCT
cblr-2902	1374	1	259	259	NUM
cblr-2902	1374	2	see	see	VERB
cblr-2902	1374	3	i	i	PROPN
cblr-2902	1374	4	d.	d.	PROPN
cblr-2902	1374	5	;	;	PUNCT
cblr-2902	1374	6	koller	koller	PROPN
cblr-2902	1374	7	,	,	PUNCT
cblr-2902	1374	8	goedhart	goedhart	PROPN
cblr-2902	1374	9	&	&	CCONJ
cblr-2902	1374	10	wessels	wessels	PROPN
cblr-2902	1374	11	,	,	PUNCT
cblr-2902	1374	12	supra	supra	PROPN
cblr-2902	1374	13	note	note	PROPN
cblr-2902	1374	14	61	61	NUM
cblr-2902	1374	15	,	,	PUNCT
cblr-2902	1374	16	at	at	ADP
cblr-2902	1374	17	361	361	NUM
cblr-2902	1374	18	.	.	NOUN
cblr-2902	1374	19	260	260	NUM
cblr-2902	1374	20	see	see	VERB
cblr-2902	1374	21	brealey	brealey	NOUN
cblr-2902	1374	22	,	,	PUNCT
cblr-2902	1374	23	myers	myers	PROPN
cblr-2902	1374	24	&	&	CCONJ
cblr-2902	1374	25	allen	allen	PROPN
cblr-2902	1374	26	,	,	PUNCT
cblr-2902	1374	27	supra	supra	PROPN
cblr-2902	1374	28	note	note	NOUN
cblr-2902	1374	29	71	71	NUM
cblr-2902	1374	30	,	,	PUNCT
cblr-2902	1374	31	at	at	ADP
cblr-2902	1374	32	511	511	NUM
cblr-2902	1374	33	;	;	PUNCT
cblr-2902	1374	34	koller	koller	PROPN
cblr-2902	1374	35	,	,	PUNCT
cblr-2902	1374	36	goedhart	goedhart	PROPN
cblr-2902	1374	37	&	&	CCONJ
cblr-2902	1374	38	wessels	wessels	PROPN
cblr-2902	1374	39	,	,	PUNCT
cblr-2902	1374	40	supra	supra	PROPN
cblr-2902	1374	41	note	note	PROPN
cblr-2902	1374	42	61	61	NUM
cblr-2902	1374	43	,	,	PUNCT
cblr-2902	1374	44	at	at	ADP
cblr-2902	1374	45	361	361	NUM
cblr-2902	1374	46	-	-	SYM
cblr-2902	1374	47	80	80	NUM
cblr-2902	1374	48	;	;	PUNCT
cblr-2902	1374	49	bernstein	bernstein	PROPN
cblr-2902	1374	50	,	,	PUNCT
cblr-2902	1374	51	seabury	seabury	PROPN
cblr-2902	1374	52	&	&	CCONJ
cblr-2902	1374	53	williams	williams	PROPN
cblr-2902	1374	54	,	,	PUNCT
cblr-2902	1374	55	supra	supra	PROPN
cblr-2902	1374	56	note	note	PROPN
cblr-2902	1374	57	57	57	NUM
cblr-2902	1374	58	,	,	PUNCT
cblr-2902	1374	59	at	at	ADP
cblr-2902	1374	60	194	194	NUM
cblr-2902	1374	61	.	.	PUNCT
cblr-2902	1375	1	261	261	NUM
cblr-2902	1375	2	see	see	PROPN
cblr-2902	1375	3	bernstein	bernstein	PROPN
cblr-2902	1375	4	,	,	PUNCT
cblr-2902	1375	5	seabury	seabury	PROPN
cblr-2902	1375	6	&	&	CCONJ
cblr-2902	1375	7	williams	williams	PROPN
cblr-2902	1375	8	,	,	PUNCT
cblr-2902	1375	9	supra	supra	PROPN
cblr-2902	1375	10	note	note	PROPN
cblr-2902	1375	11	57	57	NUM
cblr-2902	1375	12	,	,	PUNCT
cblr-2902	1375	13	at	at	ADP
cblr-2902	1375	14	188	188	NUM
cblr-2902	1375	15	n.95	n.95	NOUN
cblr-2902	1375	16	.	.	NOUN
cblr-2902	1375	17	262	262	NUM
cblr-2902	1375	18	see	see	VERB
cblr-2902	1375	19	i	i	PRON
cblr-2902	1375	20	d.	d.	PROPN
cblr-2902	1375	21	at	at	ADP
cblr-2902	1375	22	194	194	NUM
cblr-2902	1375	23	-	-	SYM
cblr-2902	1375	24	95	95	NUM
cblr-2902	1375	25	.	.	PUNCT
cblr-2902	1376	1	no	no	INTJ
cblr-2902	1376	2	.	.	NOUN
cblr-2902	1377	1	1	1	NUM
cblr-2902	1377	2	:	:	SYM
cblr-2902	1377	3	118	118	NUM
cblr-2902	1377	4	]	]	SYM
cblr-2902	1377	5	211	211	NUM
cblr-2902	1377	6	premium	premium	NOUN
cblr-2902	1377	7	(	(	PUNCT
cblr-2902	1377	8	or	or	CCONJ
cblr-2902	1377	9	alternatively	alternatively	ADV
cblr-2902	1377	10	,	,	PUNCT
cblr-2902	1377	11	because	because	SCONJ
cblr-2902	1377	12	minority	minority	NOUN
cblr-2902	1377	13	interests	interest	NOUN
cblr-2902	1377	14	trade	trade	VERB
cblr-2902	1377	15	at	at	ADP
cblr-2902	1377	16	a	a	DET
cblr-2902	1377	17	discount	discount	NOUN
cblr-2902	1377	18	)	)	PUNCT
cblr-2902	1377	19	.	.	PUNCT
cblr-2902	1378	1	all	all	PRON
cblr-2902	1378	2	else	else	ADV
cblr-2902	1378	3	being	be	AUX
cblr-2902	1378	4	equal	equal	ADJ
cblr-2902	1378	5	,	,	PUNCT
cblr-2902	1378	6	the	the	DET
cblr-2902	1378	7	use	use	NOUN
cblr-2902	1378	8	of	of	ADP
cblr-2902	1378	9	similar	similar	ADJ
cblr-2902	1378	10	transactions	transaction	NOUN
cblr-2902	1378	11	will	will	AUX
cblr-2902	1378	12	tend	tend	VERB
cblr-2902	1378	13	to	to	PART
cblr-2902	1378	14	yield	yield	VERB
cblr-2902	1378	15	higher	high	ADJ
cblr-2902	1378	16	multiples	multiple	NOUN
cblr-2902	1378	17	,	,	PUNCT
cblr-2902	1378	18	and	and	CCONJ
cblr-2902	1378	19	therefore	therefore	ADV
cblr-2902	1378	20	higher	high	ADJ
cblr-2902	1378	21	valuations	valuation	NOUN
cblr-2902	1378	22	,	,	PUNCT
cblr-2902	1378	23	than	than	ADP
cblr-2902	1378	24	the	the	DET
cblr-2902	1378	25	use	use	NOUN
cblr-2902	1378	26	of	of	ADP
cblr-2902	1378	27	guideline	guideline	NOUN
cblr-2902	1378	28	companies	company	NOUN
cblr-2902	1378	29	.	.	PUNCT
cblr-2902	1379	1	guideline	guideline	NOUN
cblr-2902	1379	2	company	company	NOUN
cblr-2902	1379	3	and	and	CCONJ
cblr-2902	1379	4	similar	similar	ADJ
cblr-2902	1379	5	transactions	transaction	NOUN
cblr-2902	1379	6	analyses	analysis	NOUN
cblr-2902	1379	7	will	will	AUX
cblr-2902	1379	8	suggest	suggest	VERB
cblr-2902	1379	9	that	that	SCONJ
cblr-2902	1379	10	"	"	PUNCT
cblr-2902	1379	11	comparable	comparable	ADJ
cblr-2902	1379	12	"	"	PUNCT
cblr-2902	1379	13	companies	company	NOUN
cblr-2902	1379	14	are	be	AUX
cblr-2902	1379	15	worth	worth	ADJ
cblr-2902	1379	16	a	a	DET
cblr-2902	1379	17	certain	certain	ADJ
cblr-2902	1379	18	multiple	multiple	NOUN
cblr-2902	1379	19	of	of	ADP
cblr-2902	1379	20	the	the	DET
cblr-2902	1379	21	relevant	relevant	ADJ
cblr-2902	1379	22	accounting	accounting	NOUN
cblr-2902	1379	23	metric	metric	NOUN
cblr-2902	1379	24	-	-	PUNCT
cblr-2902	1379	25	for	for	ADP
cblr-2902	1379	26	example	example	NOUN
cblr-2902	1379	27	,	,	PUNCT
cblr-2902	1379	28	one	one	NUM
cblr-2902	1379	29	to	to	ADP
cblr-2902	1379	30	two	two	NUM
cblr-2902	1379	31	times	time	NOUN
cblr-2902	1379	32	the	the	DET
cblr-2902	1379	33	revenue	revenue	NOUN
cblr-2902	1379	34	or	or	CCONJ
cblr-2902	1379	35	four	four	NUM
cblr-2902	1379	36	to	to	PART
cblr-2902	1379	37	five	five	NUM
cblr-2902	1379	38	times	time	NOUN
cblr-2902	1379	39	ebitda	ebitda	NOUN
cblr-2902	1379	40	.	.	PUNCT
cblr-2902	1380	1	the	the	DET
cblr-2902	1380	2	value	value	NOUN
cblr-2902	1380	3	of	of	ADP
cblr-2902	1380	4	the	the	DET
cblr-2902	1380	5	debtor	debtor	NOUN
cblr-2902	1380	6	is	be	AUX
cblr-2902	1380	7	therefore	therefore	ADV
cblr-2902	1380	8	inferred	infer	VERB
cblr-2902	1380	9	to	to	PART
cblr-2902	1380	10	also	also	ADV
cblr-2902	1380	11	be	be	AUX
cblr-2902	1380	12	within	within	ADP
cblr-2902	1380	13	the	the	DET
cblr-2902	1380	14	range	range	NOUN
cblr-2902	1380	15	suggested	suggest	VERB
cblr-2902	1380	16	by	by	ADP
cblr-2902	1380	17	the	the	DET
cblr-2902	1380	18	multiples	multiple	NOUN
cblr-2902	1380	19	,	,	PUNCT
cblr-2902	1380	20	or	or	CCONJ
cblr-2902	1380	21	possibly	possibly	ADV
cblr-2902	1380	22	near	near	ADP
cblr-2902	1380	23	the	the	DET
cblr-2902	1380	24	mean	mean	NOUN
cblr-2902	1380	25	or	or	CCONJ
cblr-2902	1380	26	median	median	NOUN
cblr-2902	1380	27	of	of	ADP
cblr-2902	1380	28	the	the	DET
cblr-2902	1380	29	multiples	multiple	NOUN
cblr-2902	1380	30	.	.	PUNCT
cblr-2902	1381	1	an	an	DET
cblr-2902	1381	2	example	example	NOUN
cblr-2902	1381	3	of	of	ADP
cblr-2902	1381	4	a	a	DET
cblr-2902	1381	5	similar	similar	ADJ
cblr-2902	1381	6	transaction	transaction	NOUN
cblr-2902	1381	7	analysis	analysis	NOUN
cblr-2902	1381	8	using	use	VERB
cblr-2902	1381	9	equity	equity	NOUN
cblr-2902	1381	10	multiples	multiple	NOUN
cblr-2902	1381	11	is	be	AUX
cblr-2902	1381	12	provided	provide	VERB
cblr-2902	1381	13	below	below	ADV
cblr-2902	1381	14	.	.	PUNCT
cblr-2902	1382	1	the	the	DET
cblr-2902	1382	2	example	example	NOUN
cblr-2902	1382	3	analyzes	analyze	VERB
cblr-2902	1382	4	the	the	DET
cblr-2902	1382	5	acquisition	acquisition	NOUN
cblr-2902	1382	6	of	of	ADP
cblr-2902	1382	7	lyondell	lyondell	ADJ
cblr-2902	1382	8	chemical	chemical	NOUN
cblr-2902	1382	9	company	company	NOUN
cblr-2902	1382	10	and	and	CCONJ
cblr-2902	1382	11	was	be	AUX
cblr-2902	1382	12	generated	generate	VERB
cblr-2902	1382	13	automatically	automatically	ADV
cblr-2902	1382	14	using	use	VERB
cblr-2902	1382	15	bloomberg	bloomberg	PROPN
cblr-2902	1382	16	professional	professional	ADJ
cblr-2902	1382	17	service	service	NOUN
cblr-2902	1382	18	.	.	PUNCT
cblr-2902	1383	1	212	212	NUM
cblr-2902	1383	2	col	col	PROPN
cblr-2902	1383	3	umia	umia	PROPN
cblr-2902	1383	4	b	b	PROPN
cblr-2902	1383	5	usiness	usiness	PROPN
cblr-2902	1383	6	la	la	PROPN
cblr-2902	1383	7	w	w	PROPN
cblr-2902	1383	8	re	re	PROPN
cblr-2902	1383	9	vie	vie	PROPN
cblr-2902	1383	10	w	w	PROPN
cblr-2902	1384	1	[	[	X
cblr-2902	1384	2	vol	vol	NOUN
cblr-2902	1384	3	.	.	PUNCT
cblr-2902	1384	4	2011	2011	NUM
cblr-2902	1384	5	table	table	NOUN
cblr-2902	1384	6	4	4	NUM
cblr-2902	1384	7	:	:	PUNCT
cblr-2902	1384	8	an	an	DET
cblr-2902	1384	9	example	example	NOUN
cblr-2902	1384	10	of	of	ADP
cblr-2902	1384	11	multiples	multiple	NOUN
cblr-2902	1384	12	analysis	analysis	NOUN
cblr-2902	1384	13	from	from	ADP
cblr-2902	1384	14	the	the	DET
cblr-2902	1384	15	chemicals	chemical	NOUN
cblr-2902	1384	16	industry	industry	NOUN
cblr-2902	1384	17	lyondell	lyondell	NOUN
cblr-2902	1384	18	chemical	chemical	NOUN
cblr-2902	1384	19	co	co	NOUN
cblr-2902	1384	20	07/17/07	07/17/07	PROPN
cblr-2902	1384	21	20.010.92	20.010.92	NUM
cblr-2902	1384	22	4.67	4.67	NUM
cblr-2902	1384	23	6.77	6.77	NUM
cblr-2902	1384	24	comp	comp	NOUN
cblr-2902	1384	25	deals	deal	NOUN
cblr-2902	1384	26	median	median	NOUN
cblr-2902	1384	27	9.48	9.48	NUM
cblr-2902	1384	28	13.94	13.94	NUM
cblr-2902	1384	29	comp	comp	NOUN
cblr-2902	1384	30	deals	deal	NOUN
cblr-2902	1384	31	avg	avg	VERB
cblr-2902	1384	32	10.7	10.7	NUM
cblr-2902	1384	33	16.6	16.6	NUM
cblr-2902	1384	34	rohm	rohm	PROPN
cblr-2902	1384	35	and	and	CCONJ
cblr-2902	1384	36	haas	haas	PROPN
cblr-2902	1384	37	co	co	NOUN
cblr-2902	1384	38	07/10/08	07/10/08	PROPN
cblr-2902	1384	39	18,862.28	18,862.28	NUM
cblr-2902	1384	40	10.38	10.38	NUM
cblr-2902	1384	41	15.24	15.24	NUM
cblr-2902	1384	42	imperial	imperial	ADJ
cblr-2902	1384	43	chemical	chemical	NOUN
cblr-2902	1384	44	industries	industry	NOUN
cblr-2902	1384	45	plc	plc	PROPN
cblr-2902	1384	46	06/18/07	06/18/07	PROPN
cblr-2902	1384	47	16,059.40	16,059.40	PROPN
cblr-2902	1384	48	11.92	11.92	NUM
cblr-2902	1384	49	15.48	15.48	NUM
cblr-2902	1384	50	skw	skw	PROPN
cblr-2902	1384	51	trostberg	trostberg	PROPN
cblr-2902	1384	52	05/17/00	05/17/00	PROPN
cblr-2902	1384	53	2,510.29	2,510.29	NUM
cblr-2902	1384	54	3.56	3.56	NUM
cblr-2902	1384	55	6.79	6.79	NUM
cblr-2902	1384	56	celanese	celanese	ADJ
cblr-2902	1384	57	gmbh	gmbh	PROPN
cblr-2902	1384	58	12/16103	12/16103	NUM
cblr-2902	1384	59	2,216.09	2,216.09	NUM
cblr-2902	1384	60	11.53	11.53	NUM
cblr-2902	1384	61	nova	nova	PROPN
cblr-2902	1384	62	chemicals	chemicals	PROPN
cblr-2902	1384	63	corp	corp	PROPN
cblr-2902	1385	1	02/23/09	02/23/09	PROPN
cblr-2902	1385	2	2,076.97	2,076.97	NUM
cblr-2902	1385	3	2.11	2.11	NUM
cblr-2902	1385	4	petkim	petkim	NOUN
cblr-2902	1385	5	petrokimya	petrokimya	ADV
cblr-2902	1385	6	holding	hold	VERB
cblr-2902	1385	7	as	as	ADP
cblr-2902	1385	8	10/16/07	10/16/07	PROPN
cblr-2902	1385	9	1,873.57	1,873.57	NUM
cblr-2902	1385	10	22.36	22.36	NUM
cblr-2902	1385	11	39.69	39.69	NUM
cblr-2902	1385	12	borsodchem	borsodchem	NOUN
cblr-2902	1385	13	nyrt	nyrt	NOUN
cblr-2902	1385	14	07/07/06	07/07/06	PROPN
cblr-2902	1385	15	1,339.62	1,339.62	NUM
cblr-2902	1385	16	11.43	11.43	NUM
cblr-2902	1385	17	vita	vita	NOUN
cblr-2902	1385	18	group	group	NOUN
cblr-2902	1385	19	/	/	PUNCT
cblr-2902	1385	20	the	the	DET
cblr-2902	1385	21	03/22/05	03/22/05	PROPN
cblr-2902	1385	22	1,328.46	1,328.46	NUM
cblr-2902	1385	23	7.24	7.24	NUM
cblr-2902	1385	24	13.94	13.94	NUM
cblr-2902	1385	25	foseco	foseco	PROPN
cblr-2902	1385	26	ltd	ltd	PROPN
cblr-2902	1386	1	10/11/07	10/11/07	PROPN
cblr-2902	1386	2	1,198.95	1,198.95	NUM
cblr-2902	1386	3	8.59	8.59	NUM
cblr-2902	1386	4	10.63	10.63	NUM
cblr-2902	1386	5	dupont	dupont	PROPN
cblr-2902	1386	6	canada	canada	PROPN
cblr-2902	1386	7	inc	inc	PROPN
cblr-2902	1387	1	03/19/03	03/19/03	PROPN
cblr-2902	1387	2	983.05	983.05	NUM
cblr-2902	1387	3	19.45	19.45	NUM
cblr-2902	1387	4	24.65	24.65	NUM
cblr-2902	1387	5	le	le	PROPN
cblr-2902	1387	6	vera	vera	NOUN
cblr-2902	1387	7	ged	ge	VERB
cblr-2902	1387	8	b	b	PROPN
cblr-2902	1387	9	uyo	uyo	PROPN
cblr-2902	1387	10	ut	ut	PROPN
cblr-2902	1387	11	bankr	bankr	NOUN
cblr-2902	1387	12	uptces	uptce	NOUN
cblr-2902	1387	13	213no	213no	PROPN
cblr-2902	1387	14	.	.	PUNCT
cblr-2902	1388	1	1	1	NUM
cblr-2902	1388	2	:	:	SYM
cblr-2902	1388	3	1181	1181	NUM
cblr-2902	1388	4	table	table	NOUN
cblr-2902	1388	5	4	4	NUM
cblr-2902	1388	6	(	(	PUNCT
cblr-2902	1388	7	continued	continue	VERB
cblr-2902	1388	8	):	):	PUNCT
cblr-2902	1388	9	an	an	DET
cblr-2902	1388	10	example	example	NOUN
cblr-2902	1388	11	of	of	ADP
cblr-2902	1388	12	multiples	multiple	NOUN
cblr-2902	1388	13	analysis	analysis	NOUN
cblr-2902	1388	14	from	from	ADP
cblr-2902	1388	15	the	the	DET
cblr-2902	1388	16	chemicals	chemical	NOUN
cblr-2902	1388	17	industry	industry	NOUN
cblr-2902	1388	18	cashflow	cashflow	ADJ
cblr-2902	1388	19	free	free	ADJ
cblr-2902	1388	20	total	total	ADJ
cblr-2902	1388	21	target	target	NOUN
cblr-2902	1388	22	name	name	NOUN
cblr-2902	1388	23	revenue	revenue	NOUN
cblr-2902	1388	24	from	from	ADP
cblr-2902	1388	25	ops	op	NOUN
cblr-2902	1388	26	.	.	PUNCT
cblr-2902	1389	1	cashflow	cashflow	ADJ
cblr-2902	1389	2	assets	asset	NOUN
cblr-2902	1389	3	lyondell	lyondell	VERB
cblr-2902	1389	4	chemical	chemical	NOUN
cblr-2902	1389	5	co	co	NOUN
cblr-2902	1389	6	0.48	0.48	NUM
cblr-2902	1389	7	9.52	9.52	NUM
cblr-2902	1389	8	24.33	24.33	NUM
cblr-2902	1389	9	3.64	3.64	NUM
cblr-2902	1389	10	comp	comp	NOUN
cblr-2902	1389	11	deals	deal	NOUN
cblr-2902	1389	12	median	median	NOUN
cblr-2902	1389	13	1.14	1.14	NUM
cblr-2902	1389	14	14.81	14.81	NUM
cblr-2902	1389	15	25.05	25.05	NUM
cblr-2902	1389	16	1.81	1.81	NUM
cblr-2902	1389	17	comp	comp	NOUN
cblr-2902	1389	18	deals	deal	NOUN
cblr-2902	1389	19	avg	avg	VERB
cblr-2902	1389	20	1.27	1.27	NUM
cblr-2902	1389	21	14.72	14.72	NUM
cblr-2902	1389	22	41.16	41.16	NUM
cblr-2902	1390	1	4.28	4.28	NUM
cblr-2902	1390	2	rohm	rohm	PROPN
cblr-2902	1390	3	and	and	CCONJ
cblr-2902	1390	4	haas	haas	PROPN
cblr-2902	1390	5	co	co	PROPN
cblr-2902	1390	6	1.63	1.63	NUM
cblr-2902	1390	7	14.5	14.5	NUM
cblr-2902	1390	8	131.75	131.75	NUM
cblr-2902	1390	9	4.68	4.68	NUM
cblr-2902	1390	10	imperial	imperial	ADJ
cblr-2902	1390	11	chemical	chemical	NOUN
cblr-2902	1390	12	industries	industry	NOUN
cblr-2902	1390	13	plc	plc	PROPN
cblr-2902	1390	14	1.6	1.6	NUM
cblr-2902	1390	15	15.2	15.2	NUM
cblr-2902	1390	16	21.52	21.52	NUM
cblr-2902	1390	17	skw	skw	PROPN
cblr-2902	1390	18	trostberg	trostberg	PROPN
cblr-2902	1390	19	0.48	0.48	NUM
cblr-2902	1390	20	8.68	8.68	NUM
cblr-2902	1390	21	1.4	1.4	NUM
cblr-2902	1390	22	celanese	celanese	ADJ
cblr-2902	1390	23	gmbh	gmbh	PROPN
cblr-2902	1390	24	0.4	0.4	NUM
cblr-2902	1390	25	0.77	0.77	NUM
cblr-2902	1390	26	nova	nova	PROPN
cblr-2902	1390	27	chemicals	chemicals	PROPN
cblr-2902	1390	28	corp	corp	PROPN
cblr-2902	1390	29	0.07	0.07	NUM
cblr-2902	1390	30	1.83	1.83	NUM
cblr-2902	1390	31	4.71	4.71	NUM
cblr-2902	1390	32	0.55	0.55	NUM
cblr-2902	1390	33	petkim	petkim	NOUN
cblr-2902	1390	34	petrokimya	petrokimya	ADV
cblr-2902	1390	35	holding	hold	VERB
cblr-2902	1390	36	as	as	ADP
cblr-2902	1390	37	2.1	2.1	NUM
cblr-2902	1390	38	22.92	22.92	NUM
cblr-2902	1390	39	43.85	43.85	NUM
cblr-2902	1390	40	3.2	3.2	NUM
cblr-2902	1390	41	borsodchem	borsodchem	NOUN
cblr-2902	1390	42	nyrt	nyrt	NOUN
cblr-2902	1390	43	1.08	1.08	NUM
cblr-2902	1390	44	1.63	1.63	NUM
cblr-2902	1390	45	vita	vita	NOUN
cblr-2902	1390	46	group	group	NOUN
cblr-2902	1390	47	/	/	PUNCT
cblr-2902	1390	48	the	the	DET
cblr-2902	1390	49	0.7	0.7	NUM
cblr-2902	1390	50	10.92	10.92	NUM
cblr-2902	1390	51	22.58	22.58	NUM
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cblr-2902	1390	53	foseco	foseco	PROPN
cblr-2902	1390	54	ltd	ltd	PROPN
cblr-2902	1390	55	1.2	1.2	NUM
cblr-2902	1390	56	15.11	15.11	NUM
cblr-2902	1390	57	25.05	25.05	NUM
cblr-2902	1390	58	19.72	19.72	NUM
cblr-2902	1390	59	dupont	dupont	PROPN
cblr-2902	1390	60	canada	canada	PROPN
cblr-2902	1390	61	inc	inc	PROPN
cblr-2902	1390	62	3.47	3.47	NUM
cblr-2902	1390	63	28.56	28.56	NUM
cblr-2902	1390	64	38.66	38.66	NUM
cblr-2902	1390	65	4.72	4.72	NUM
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cblr-2902	1390	67	.	.	PUNCT
cblr-2902	1391	1	appendix	appendix	PROPN
cblr-2902	1391	2	ii	ii	PROPN
cblr-2902	1391	3	:	:	PUNCT
cblr-2902	1391	4	explanation	explanation	NOUN
cblr-2902	1391	5	and	and	CCONJ
cblr-2902	1391	6	evidence	evidence	NOUN
cblr-2902	1391	7	for	for	ADP
cblr-2902	1391	8	equity	equity	NOUN
cblr-2902	1391	9	as	as	ADP
cblr-2902	1391	10	option	option	NOUN
cblr-2902	1391	11	value	value	NOUN
cblr-2902	1391	12	a.	a.	NOUN
cblr-2902	1391	13	opposing	oppose	VERB
cblr-2902	1391	14	interests	interest	NOUN
cblr-2902	1391	15	of	of	ADP
cblr-2902	1391	16	equity	equity	NOUN
cblr-2902	1391	17	and	and	CCONJ
cblr-2902	1391	18	debt	debt	NOUN
cblr-2902	1391	19	:	:	PUNCT
cblr-2902	1391	20	a	a	DET
cblr-2902	1391	21	simple	simple	ADJ
cblr-2902	1391	22	mathematical	mathematical	ADJ
cblr-2902	1391	23	example	example	NOUN
cblr-2902	1391	24	because	because	SCONJ
cblr-2902	1391	25	equity	equity	NOUN
cblr-2902	1391	26	's	's	PART
cblr-2902	1391	27	downside	downside	NOUN
cblr-2902	1391	28	is	be	AUX
cblr-2902	1391	29	capped	cap	VERB
cblr-2902	1391	30	while	while	SCONJ
cblr-2902	1391	31	upside	upside	ADV
cblr-2902	1391	32	is	be	AUX
cblr-2902	1391	33	potentially	potentially	ADV
cblr-2902	1391	34	unlimited	unlimited	ADJ
cblr-2902	1391	35	,	,	PUNCT
cblr-2902	1391	36	the	the	DET
cblr-2902	1391	37	value	value	NOUN
cblr-2902	1391	38	of	of	ADP
cblr-2902	1391	39	equity	equity	NOUN
cblr-2902	1391	40	tends	tend	VERB
cblr-2902	1391	41	to	to	PART
cblr-2902	1391	42	increase	increase	VERB
cblr-2902	1391	43	with	with	ADP
cblr-2902	1391	44	greater	great	ADJ
cblr-2902	1391	45	volatility	volatility	NOUN
cblr-2902	1391	46	and	and	CCONJ
cblr-2902	1391	47	uncertainty	uncertainty	NOUN
cblr-2902	1391	48	(	(	PUNCT
cblr-2902	1391	49	i.e.	i.e.	X
cblr-2902	1391	50	,	,	PUNCT
cblr-2902	1391	51	a	a	DET
cblr-2902	1391	52	wider	wide	ADJ
cblr-2902	1391	53	[	[	X
cblr-2902	1391	54	vol	vol	NOUN
cblr-2902	1391	55	.	.	PUNCT
cblr-2902	1392	1	2011_214	2011_214	PROPN
cblr-2902	1392	2	col	col	PROPN
cblr-2902	1392	3	umia	umia	PROPN
cblr-2902	1392	4	b	b	PROPN
cblr-2902	1392	5	usiness	usiness	PROPN
cblr-2902	1392	6	la	la	PROPN
cblr-2902	1392	7	w	w	PROPN
cblr-2902	1392	8	re	re	PROPN
cblr-2902	1392	9	vie	vie	PROPN
cblr-2902	1392	10	w	w	PROPN
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cblr-2902	1392	12	distribution	distribution	NOUN
cblr-2902	1392	13	of	of	ADP
cblr-2902	1392	14	outcomes	outcome	NOUN
cblr-2902	1392	15	)	)	PUNCT
cblr-2902	1392	16	,	,	PUNCT
cblr-2902	1392	17	even	even	ADV
cblr-2902	1392	18	though	though	SCONJ
cblr-2902	1392	19	the	the	DET
cblr-2902	1392	20	average	average	ADJ
cblr-2902	1392	21	(	(	PUNCT
cblr-2902	1392	22	mean	mean	ADJ
cblr-2902	1392	23	)	)	PUNCT
cblr-2902	1392	24	outcome	outcome	NOUN
cblr-2902	1392	25	remains	remain	VERB
cblr-2902	1392	26	constant	constant	ADJ
cblr-2902	1392	27	.	.	PUNCT
cblr-2902	1393	1	because	because	SCONJ
cblr-2902	1393	2	equity	equity	NOUN
cblr-2902	1393	3	has	have	VERB
cblr-2902	1393	4	option	option	NOUN
cblr-2902	1393	5	value	value	NOUN
cblr-2902	1393	6	,	,	PUNCT
cblr-2902	1393	7	a	a	DET
cblr-2902	1393	8	firm	firm	NOUN
cblr-2902	1393	9	can	can	AUX
cblr-2902	1393	10	have	have	VERB
cblr-2902	1393	11	significant	significant	ADJ
cblr-2902	1393	12	positive	positive	ADJ
cblr-2902	1393	13	equity	equity	NOUN
cblr-2902	1393	14	value	value	NOUN
cblr-2902	1393	15	,	,	PUNCT
cblr-2902	1393	16	even	even	ADV
cblr-2902	1393	17	though	though	ADV
cblr-2902	1393	18	,	,	PUNCT
cblr-2902	1393	19	from	from	ADP
cblr-2902	1393	20	the	the	DET
cblr-2902	1393	21	perspective	perspective	NOUN
cblr-2902	1393	22	of	of	ADP
cblr-2902	1393	23	creditors	creditor	NOUN
cblr-2902	1393	24	,	,	PUNCT
cblr-2902	1393	25	the	the	DET
cblr-2902	1393	26	firm	firm	NOUN
cblr-2902	1393	27	is	be	AUX
cblr-2902	1393	28	most	most	ADV
cblr-2902	1393	29	likely	likely	ADJ
cblr-2902	1393	30	insolvent	insolvent	ADJ
cblr-2902	1393	31	.	.	PUNCT
cblr-2902	1394	1	consider	consider	VERB
cblr-2902	1394	2	figure	figure	NOUN
cblr-2902	1394	3	9	9	NUM
cblr-2902	1394	4	below	below	ADV
cblr-2902	1394	5	.	.	PUNCT
cblr-2902	1395	1	figure	figure	NOUN
cblr-2902	1395	2	9	9	NUM
cblr-2902	1395	3	depicts	depict	NOUN
cblr-2902	1395	4	a	a	DET
cblr-2902	1395	5	firm	firm	NOUN
cblr-2902	1395	6	with	with	ADP
cblr-2902	1395	7	$	$	SYM
cblr-2902	1395	8	10	10	NUM
cblr-2902	1395	9	billion	billion	NUM
cblr-2902	1395	10	in	in	ADP
cblr-2902	1395	11	debt	debt	NOUN
cblr-2902	1395	12	and	and	CCONJ
cblr-2902	1395	13	three	three	NUM
cblr-2902	1395	14	different	different	ADJ
cblr-2902	1395	15	strategies	strategy	NOUN
cblr-2902	1395	16	it	it	PRON
cblr-2902	1395	17	could	could	AUX
cblr-2902	1395	18	pursue	pursue	VERB
cblr-2902	1395	19	-	-	PUNCT
cblr-2902	1395	20	a	a	DET
cblr-2902	1395	21	"	"	PUNCT
cblr-2902	1395	22	high	high	ADJ
cblr-2902	1395	23	risk	risk	NOUN
cblr-2902	1395	24	,	,	PUNCT
cblr-2902	1395	25	"	"	PUNCT
cblr-2902	1395	26	"	"	PUNCT
cblr-2902	1395	27	medium	medium	ADJ
cblr-2902	1395	28	risk	risk	NOUN
cblr-2902	1395	29	,	,	PUNCT
cblr-2902	1395	30	"	"	PUNCT
cblr-2902	1395	31	and	and	CCONJ
cblr-2902	1395	32	a	a	DET
cblr-2902	1395	33	"	"	PUNCT
cblr-2902	1395	34	low	low	ADJ
cblr-2902	1395	35	risk	risk	NOUN
cblr-2902	1395	36	"	"	PUNCT
cblr-2902	1395	37	strategy	strategy	NOUN
cblr-2902	1395	38	.	.	PUNCT
cblr-2902	1396	1	no	no	ADV
cblr-2902	1396	2	matter	matter	ADV
cblr-2902	1396	3	which	which	PRON
cblr-2902	1396	4	of	of	ADP
cblr-2902	1396	5	the	the	DET
cblr-2902	1396	6	three	three	NUM
cblr-2902	1396	7	strategies	strategy	NOUN
cblr-2902	1396	8	the	the	DET
cblr-2902	1396	9	firm	firm	NOUN
cblr-2902	1396	10	pursues	pursue	VERB
cblr-2902	1396	11	,	,	PUNCT
cblr-2902	1396	12	total	total	ADJ
cblr-2902	1396	13	expected	expect	VERB
cblr-2902	1396	14	firm	firm	ADJ
cblr-2902	1396	15	value	value	NOUN
cblr-2902	1396	16	will	will	AUX
cblr-2902	1396	17	remain	remain	VERB
cblr-2902	1396	18	constant	constant	ADJ
cblr-2902	1396	19	at	at	ADP
cblr-2902	1396	20	$	$	SYM
cblr-2902	1396	21	11.25	11.25	NUM
cblr-2902	1396	22	billion	billion	NUM
cblr-2902	1396	23	.	.	PUNCT
cblr-2902	1397	1	expected	expect	VERB
cblr-2902	1397	2	value	value	NOUN
cblr-2902	1397	3	is	be	AUX
cblr-2902	1397	4	magnitude	magnitude	NOUN
cblr-2902	1397	5	multiplied	multiply	VERB
cblr-2902	1397	6	by	by	ADP
cblr-2902	1397	7	probability	probability	NOUN
cblr-2902	1397	8	.	.	PUNCT
cblr-2902	1398	1	for	for	ADP
cblr-2902	1398	2	each	each	DET
cblr-2902	1398	3	strategy	strategy	NOUN
cblr-2902	1398	4	,	,	PUNCT
cblr-2902	1398	5	there	there	PRON
cblr-2902	1398	6	is	be	VERB
cblr-2902	1398	7	a	a	DET
cblr-2902	1398	8	25	25	NUM
cblr-2902	1398	9	%	%	NOUN
cblr-2902	1398	10	chance	chance	NOUN
cblr-2902	1398	11	of	of	ADP
cblr-2902	1398	12	an	an	DET
cblr-2902	1398	13	upside	upside	ADJ
cblr-2902	1398	14	outcome	outcome	NOUN
cblr-2902	1398	15	and	and	CCONJ
cblr-2902	1398	16	a	a	DET
cblr-2902	1398	17	75	75	NUM
cblr-2902	1398	18	%	%	NOUN
cblr-2902	1398	19	chance	chance	NOUN
cblr-2902	1398	20	of	of	ADP
cblr-2902	1398	21	a	a	DET
cblr-2902	1398	22	downside	downside	ADJ
cblr-2902	1398	23	outcome	outcome	NOUN
cblr-2902	1398	24	.	.	PUNCT
cblr-2902	1399	1	if	if	SCONJ
cblr-2902	1399	2	the	the	DET
cblr-2902	1399	3	company	company	NOUN
cblr-2902	1399	4	pursues	pursue	VERB
cblr-2902	1399	5	the	the	DET
cblr-2902	1399	6	high	high	ADJ
cblr-2902	1399	7	risk	risk	NOUN
cblr-2902	1399	8	strategy	strategy	NOUN
cblr-2902	1399	9	,	,	PUNCT
cblr-2902	1399	10	the	the	DET
cblr-2902	1399	11	upside	upside	NOUN
cblr-2902	1399	12	will	will	AUX
cblr-2902	1399	13	be	be	AUX
cblr-2902	1399	14	extremely	extremely	ADV
cblr-2902	1399	15	positive	positive	ADJ
cblr-2902	1399	16	(	(	PUNCT
cblr-2902	1399	17	$	$	SYM
cblr-2902	1399	18	45	45	NUM
cblr-2902	1399	19	billion	billion	NUM
cblr-2902	1399	20	)	)	PUNCT
cblr-2902	1399	21	and	and	CCONJ
cblr-2902	1399	22	the	the	DET
cblr-2902	1399	23	downside	downside	NOUN
cblr-2902	1399	24	will	will	AUX
cblr-2902	1399	25	be	be	AUX
cblr-2902	1399	26	extremely	extremely	ADV
cblr-2902	1399	27	negative	negative	ADJ
cblr-2902	1399	28	(	(	PUNCT
cblr-2902	1399	29	$	$	SYM
cblr-2902	1399	30	0	0	NUM
cblr-2902	1399	31	)	)	PUNCT
cblr-2902	1399	32	.	.	PUNCT
cblr-2902	1400	1	if	if	SCONJ
cblr-2902	1400	2	the	the	DET
cblr-2902	1400	3	company	company	NOUN
cblr-2902	1400	4	pursues	pursue	VERB
cblr-2902	1400	5	the	the	DET
cblr-2902	1400	6	low	low	ADJ
cblr-2902	1400	7	risk	risk	NOUN
cblr-2902	1400	8	strategy	strategy	NOUN
cblr-2902	1400	9	,	,	PUNCT
cblr-2902	1400	10	the	the	DET
cblr-2902	1400	11	upside	upside	ADJ
cblr-2902	1400	12	(	(	PUNCT
cblr-2902	1400	13	$	$	SYM
cblr-2902	1400	14	15	15	NUM
cblr-2902	1400	15	billion	billion	NUM
cblr-2902	1400	16	)	)	PUNCT
cblr-2902	1400	17	will	will	AUX
cblr-2902	1400	18	be	be	AUX
cblr-2902	1400	19	close	close	ADJ
cblr-2902	1400	20	to	to	ADP
cblr-2902	1400	21	the	the	DET
cblr-2902	1400	22	downside	downside	NOUN
cblr-2902	1400	23	(	(	PUNCT
cblr-2902	1400	24	$	$	SYM
cblr-2902	1400	25	10	10	NUM
cblr-2902	1400	26	billion	billion	NUM
cblr-2902	1400	27	)	)	PUNCT
cblr-2902	1400	28	.	.	PUNCT
cblr-2902	1401	1	figure	figure	VERB
cblr-2902	1401	2	9	9	NUM
cblr-2902	1401	3	:	:	PUNCT
cblr-2902	1401	4	without	without	ADP
cblr-2902	1401	5	changing	change	VERB
cblr-2902	1401	6	firm	firm	ADJ
cblr-2902	1401	7	value	value	NOUN
cblr-2902	1401	8	,	,	PUNCT
cblr-2902	1401	9	value	value	NOUN
cblr-2902	1401	10	can	can	AUX
cblr-2902	1401	11	be	be	AUX
cblr-2902	1401	12	transferred	transfer	VERB
cblr-2902	1401	13	from	from	ADP
cblr-2902	1401	14	debt	debt	NOUN
cblr-2902	1401	15	to	to	ADP
cblr-2902	1401	16	equity	equity	NOUN
cblr-2902	1401	17	by	by	ADP
cblr-2902	1401	18	increasing	increase	VERB
cblr-2902	1401	19	risk	risk	NOUN
cblr-2902	1401	20	upside	upside	ADJ
cblr-2902	1401	21	values	value	NOUN
cblr-2902	1401	22	(	(	PUNCT
cblr-2902	1401	23	p=25	p=25	DET
cblr-2902	1401	24	%	%	NOUN
cblr-2902	1401	25	)	)	PUNCT
cblr-2902	1401	26	downside	downside	ADJ
cblr-2902	1401	27	values	value	NOUN
cblr-2902	1401	28	(	(	PUNCT
cblr-2902	1401	29	p=75	p=75	NOUN
cblr-2902	1401	30	%	%	NOUN
cblr-2902	1401	31	)	)	PUNCT
cblr-2902	1401	32	expected	expect	VERB
cblr-2902	1401	33	values	value	NOUN
cblr-2902	1401	34	usd	usd	NOUN
cblr-2902	1401	35	,	,	PUNCT
cblr-2902	1401	36	billions	billion	NOUN
cblr-2902	1401	37	usd	usd	NOUN
cblr-2902	1401	38	,	,	PUNCT
cblr-2902	1401	39	billions	billion	NOUN
cblr-2902	1401	40	usd	usd	NOUN
cblr-2902	1401	41	billions	billion	NOUN
cblr-2902	1401	42	6debt	6debt	NUM
cblr-2902	1401	43	oequity	oequity	NOUN
cblr-2902	1401	44	*	*	NOUN
cblr-2902	1401	45	debt	debt	NOUN
cblr-2902	1401	46	oequity	oequity	NOUN
cblr-2902	1401	47	udebt	udebt	NOUN
cblr-2902	1401	48	qequity	qequity	NOUN
cblr-2902	1401	49	so	so	ADV
cblr-2902	1401	50	20	20	NUM
cblr-2902	1401	51	s"4	s"4	ADJ
cblr-2902	1401	52	$	$	SYM
cblr-2902	1401	53	$	$	SYM
cblr-2902	1401	54	5	5	NUM
cblr-2902	1401	55	s$1	s$1	NOUN
cblr-2902	1401	56	5is	5is	ADJ
cblr-2902	1401	57	$	$	SYM
cblr-2902	1401	58	0	0	NUM
cblr-2902	1401	59	$	$	SYM
cblr-2902	1401	60	5	5	NUM
cblr-2902	1401	61	$	$	SYM
cblr-2902	1401	62	10	10	NUM
cblr-2902	1401	63	high	high	ADJ
cblr-2902	1401	64	risk	risk	NOUN
cblr-2902	1401	65	35	35	NUM
cblr-2902	1402	1	_	_	PUNCT
cblr-2902	1403	1	_	_	PUNCT
cblr-2902	1403	2	_	_	PUNCT
cblr-2902	1404	1	high	high	ADJ
cblr-2902	1404	2	risk	risk	NOUN
cblr-2902	1404	3	i	i	PRON
cblr-2902	1404	4	hgb	hgb	VERB
cblr-2902	1404	5	risk	risk	NOUN
cblr-2902	1404	6	medium	medium	ADJ
cblr-2902	1404	7	risk	risk	NOUN
cblr-2902	1404	8	20	20	NUM
cblr-2902	1404	9	medium	medium	NOUN
cblr-2902	1404	10	risk	risk	NOUN
cblr-2902	1404	11	0	0	NUM
cblr-2902	1404	12	medium	medium	NOUN
cblr-2902	1404	13	risk	risk	NOUN
cblr-2902	1404	14	100	100	NUM
cblr-2902	1404	15	low	low	ADJ
cblr-2902	1404	16	risk	risk	NOUN
cblr-2902	1404	17	s	s	PART
cblr-2902	1404	18	low	low	ADJ
cblr-2902	1404	19	risk	risk	NOUN
cblr-2902	1404	20	0	0	NUM
cblr-2902	1404	21	low	low	ADJ
cblr-2902	1404	22	risk	risk	NOUN
cblr-2902	1404	23	1.25	1.25	NUM
cblr-2902	1404	24	because	because	SCONJ
cblr-2902	1404	25	the	the	DET
cblr-2902	1404	26	expected	expect	VERB
cblr-2902	1404	27	value	value	NOUN
cblr-2902	1404	28	of	of	ADP
cblr-2902	1404	29	the	the	DET
cblr-2902	1404	30	firm	firm	NOUN
cblr-2902	1404	31	as	as	ADP
cblr-2902	1404	32	a	a	DET
cblr-2902	1404	33	whole	whole	NOUN
cblr-2902	1404	34	is	be	AUX
cblr-2902	1404	35	$	$	SYM
cblr-2902	1404	36	11.25	11.25	NUM
cblr-2902	1404	37	billion	billion	NUM
cblr-2902	1404	38	and	and	CCONJ
cblr-2902	1404	39	the	the	DET
cblr-2902	1404	40	firm	firm	NOUN
cblr-2902	1404	41	has	have	VERB
cblr-2902	1404	42	$	$	SYM
cblr-2902	1404	43	10	10	NUM
cblr-2902	1404	44	billion	billion	NUM
cblr-2902	1404	45	in	in	ADP
cblr-2902	1404	46	debt	debt	NOUN
cblr-2902	1404	47	,	,	PUNCT
cblr-2902	1404	48	one	one	PRON
cblr-2902	1404	49	might	might	AUX
cblr-2902	1404	50	think	think	VERB
cblr-2902	1404	51	that	that	SCONJ
cblr-2902	1404	52	debt	debt	NOUN
cblr-2902	1404	53	is	be	AUX
cblr-2902	1404	54	worth	worth	ADJ
cblr-2902	1404	55	$	$	SYM
cblr-2902	1404	56	10	10	NUM
cblr-2902	1404	57	billion	billion	NUM
cblr-2902	1404	58	and	and	CCONJ
cblr-2902	1404	59	equity	equity	NOUN
cblr-2902	1404	60	is	be	AUX
cblr-2902	1404	61	worth	worth	ADJ
cblr-2902	1404	62	$	$	SYM
cblr-2902	1404	63	1.25	1.25	NUM
cblr-2902	1404	64	billion	billion	NUM
cblr-2902	1404	65	.	.	PUNCT
cblr-2902	1405	1	however	however	ADV
cblr-2902	1405	2	,	,	PUNCT
cblr-2902	1405	3	as	as	ADP
cblr-2902	1405	4	a	a	DET
cblr-2902	1405	5	simple	simple	ADJ
cblr-2902	1405	6	matter	matter	NOUN
cblr-2902	1405	7	of	of	ADP
cblr-2902	1405	8	probability	probability	NOUN
cblr-2902	1405	9	,	,	PUNCT
cblr-2902	1405	10	the	the	DET
cblr-2902	1405	11	expected	expect	VERB
cblr-2902	1405	12	value	value	NOUN
cblr-2902	1405	13	of	of	ADP
cblr-2902	1405	14	debt	debt	NOUN
cblr-2902	1405	15	will	will	AUX
cblr-2902	1405	16	only	only	ADV
cblr-2902	1405	17	be	be	AUX
cblr-2902	1405	18	$	$	SYM
cblr-2902	1405	19	10	10	NUM
cblr-2902	1405	20	billion	billion	NUM
cblr-2902	1405	21	if	if	SCONJ
cblr-2902	1405	22	the	the	DET
cblr-2902	1405	23	firm	firm	NOUN
cblr-2902	1405	24	le	le	AUX
cblr-2902	1405	25	vera	vera	PROPN
cblr-2902	1405	26	ged	ge	VERB
cblr-2902	1405	27	b	b	PROPN
cblr-2902	1405	28	uyo	uyo	PROPN
cblr-2902	1405	29	ut	ut	PROPN
cblr-2902	1405	30	bankr	bankr	PROPN
cblr-2902	1405	31	uptcies	uptcie	NOUN
cblr-2902	1405	32	215no	215no	NOUN
cblr-2902	1405	33	.	.	PUNCT
cblr-2902	1406	1	1	1	NUM
cblr-2902	1406	2	:	:	SYM
cblr-2902	1406	3	118]1	118]1	NUM
cblr-2902	1406	4	pursues	pursue	VERB
cblr-2902	1406	5	the	the	DET
cblr-2902	1406	6	low	low	ADJ
cblr-2902	1406	7	risk	risk	NOUN
cblr-2902	1406	8	strategy	strategy	NOUN
cblr-2902	1406	9	.	.	PUNCT
cblr-2902	1407	1	if	if	SCONJ
cblr-2902	1407	2	the	the	DET
cblr-2902	1407	3	firm	firm	NOUN
cblr-2902	1407	4	pursues	pursue	VERB
cblr-2902	1407	5	either	either	CCONJ
cblr-2902	1407	6	the	the	DET
cblr-2902	1407	7	high	high	ADJ
cblr-2902	1407	8	risk	risk	NOUN
cblr-2902	1407	9	or	or	CCONJ
cblr-2902	1407	10	medium	medium	ADJ
cblr-2902	1407	11	risk	risk	NOUN
cblr-2902	1407	12	strategy	strategy	NOUN
cblr-2902	1407	13	,	,	PUNCT
cblr-2902	1407	14	equity	equity	NOUN
cblr-2902	1407	15	will	will	AUX
cblr-2902	1407	16	benefit	benefit	VERB
cblr-2902	1407	17	while	while	SCONJ
cblr-2902	1407	18	debt	debt	NOUN
cblr-2902	1407	19	will	will	AUX
cblr-2902	1407	20	experience	experience	VERB
cblr-2902	1407	21	steep	steep	ADJ
cblr-2902	1407	22	losses	loss	NOUN
cblr-2902	1407	23	.	.	PUNCT
cblr-2902	1408	1	by	by	ADP
cblr-2902	1408	2	shifting	shift	VERB
cblr-2902	1408	3	from	from	ADP
cblr-2902	1408	4	the	the	DET
cblr-2902	1408	5	low	low	ADJ
cblr-2902	1408	6	risk	risk	NOUN
cblr-2902	1408	7	strategy	strategy	NOUN
cblr-2902	1408	8	to	to	ADP
cblr-2902	1408	9	the	the	DET
cblr-2902	1408	10	high	high	ADJ
cblr-2902	1408	11	risk	risk	NOUN
cblr-2902	1408	12	strategy	strategy	NOUN
cblr-2902	1408	13	,	,	PUNCT
cblr-2902	1408	14	the	the	DET
cblr-2902	1408	15	firm	firm	NOUN
cblr-2902	1408	16	can	can	AUX
cblr-2902	1408	17	slash	slash	VERB
cblr-2902	1408	18	the	the	DET
cblr-2902	1408	19	expected	expect	VERB
cblr-2902	1408	20	value	value	NOUN
cblr-2902	1408	21	of	of	ADP
cblr-2902	1408	22	debt	debt	NOUN
cblr-2902	1408	23	to	to	ADP
cblr-2902	1408	24	one	one	NUM
cblr-2902	1408	25	fourth	fourth	ADJ
cblr-2902	1408	26	of	of	ADP
cblr-2902	1408	27	par	par	NOUN
cblr-2902	1408	28	value	value	NOUN
cblr-2902	1408	29	,	,	PUNCT
cblr-2902	1408	30	while	while	SCONJ
cblr-2902	1408	31	increasing	increase	VERB
cblr-2902	1408	32	the	the	DET
cblr-2902	1408	33	expected	expect	VERB
cblr-2902	1408	34	value	value	NOUN
cblr-2902	1408	35	of	of	ADP
cblr-2902	1408	36	equity	equity	NOUN
cblr-2902	1408	37	to	to	ADP
cblr-2902	1408	38	seven	seven	NUM
cblr-2902	1408	39	times	time	NOUN
cblr-2902	1408	40	book	book	NOUN
cblr-2902	1408	41	value	value	NOUN
cblr-2902	1408	42	.	.	PUNCT
cblr-2902	1409	1	b.	b.	PROPN
cblr-2902	1409	2	opposing	oppose	VERB
cblr-2902	1409	3	interests	interest	NOUN
cblr-2902	1409	4	of	of	ADP
cblr-2902	1409	5	equity	equity	NOUN
cblr-2902	1409	6	and	and	CCONJ
cblr-2902	1409	7	debt	debt	NOUN
cblr-2902	1409	8	:	:	PUNCT
cblr-2902	1409	9	empirical	empirical	ADJ
cblr-2902	1409	10	evidence	evidence	NOUN
cblr-2902	1409	11	that	that	SCONJ
cblr-2902	1409	12	existing	exist	VERB
cblr-2902	1409	13	shareholders	shareholder	NOUN
cblr-2902	1409	14	can	can	AUX
cblr-2902	1409	15	benefit	benefit	VERB
cblr-2902	1409	16	while	while	SCONJ
cblr-2902	1409	17	existing	existing	ADJ
cblr-2902	1409	18	bondholders	bondholder	NOUN
cblr-2902	1409	19	are	be	AUX
cblr-2902	1409	20	harmed	harm	VERB
cblr-2902	1409	21	has	have	AUX
cblr-2902	1409	22	been	be	AUX
cblr-2902	1409	23	well	well	ADV
cblr-2902	1409	24	documented	document	VERB
cblr-2902	1409	25	in	in	ADP
cblr-2902	1409	26	the	the	DET
cblr-2902	1409	27	empirical	empirical	ADJ
cblr-2902	1409	28	finance	finance	NOUN
cblr-2902	1409	29	literature	literature	NOUN
cblr-2902	1409	30	.	.	PUNCT
cblr-2902	1410	1	examples	example	NOUN
cblr-2902	1410	2	of	of	ADP
cblr-2902	1410	3	events	event	NOUN
cblr-2902	1410	4	that	that	PRON
cblr-2902	1410	5	have	have	AUX
cblr-2902	1410	6	been	be	AUX
cblr-2902	1410	7	found	find	VERB
cblr-2902	1410	8	to	to	PART
cblr-2902	1410	9	benefit	benefit	VERB
cblr-2902	1410	10	stockholders	stockholder	NOUN
cblr-2902	1410	11	and	and	CCONJ
cblr-2902	1410	12	harm	harm	VERB
cblr-2902	1410	13	debt	debt	NOUN
cblr-2902	1410	14	holders	holder	NOUN
cblr-2902	1410	15	include	include	VERB
cblr-2902	1410	16	:	:	PUNCT
cblr-2902	1410	17	hedge	hedge	NOUN
cblr-2902	1410	18	fund	fund	NOUN
cblr-2902	1410	19	activism,2	activism,2	VERB
cblr-2902	1410	20	6	6	NUM
cblr-2902	1410	21	3	3	NUM
cblr-2902	1410	22	lbos,2	lbos,2	NOUN
cblr-2902	1410	23	"	"	PUNCT
cblr-2902	1410	24	and	and	CCONJ
cblr-2902	1410	25	dividend	dividend	VERB
cblr-2902	1410	26	payments.265	payments.265	NOUN
cblr-2902	1410	27	of	of	ADP
cblr-2902	1410	28	course	course	NOUN
cblr-2902	1410	29	,	,	PUNCT
cblr-2902	1410	30	other	other	ADJ
cblr-2902	1410	31	transactions	transaction	NOUN
cblr-2902	1410	32	,	,	PUNCT
cblr-2902	1410	33	such	such	ADJ
cblr-2902	1410	34	as	as	ADP
cblr-2902	1410	35	seasoned	seasoned	ADJ
cblr-2902	1410	36	equity	equity	NOUN
cblr-2902	1410	37	offerings	offering	NOUN
cblr-2902	1410	38	,	,	PUNCT
cblr-2902	1410	39	benefit	benefit	VERB
cblr-2902	1410	40	existing	exist	VERB
cblr-2902	1410	41	bondholders	bondholder	NOUN
cblr-2902	1410	42	at	at	ADP
cblr-2902	1410	43	the	the	DET
cblr-2902	1410	44	expense	expense	NOUN
cblr-2902	1410	45	of	of	ADP
cblr-2902	1410	46	existing	exist	VERB
cblr-2902	1410	47	equity	equity	NOUN
cblr-2902	1410	48	holders.266	holders.266	NOUN
cblr-2902	1410	49	although	although	SCONJ
cblr-2902	1410	50	some	some	DET
cblr-2902	1410	51	actions	action	NOUN
cblr-2902	1410	52	may	may	AUX
cblr-2902	1410	53	benefit	benefit	VERB
cblr-2902	1410	54	both	both	PRON
cblr-2902	1410	55	equity	equity	NOUN
cblr-2902	1410	56	holders	holder	NOUN
cblr-2902	1410	57	and	and	CCONJ
cblr-2902	1410	58	debt	debt	NOUN
cblr-2902	1410	59	holders	holder	NOUN
cblr-2902	1410	60	by	by	ADP
cblr-2902	1410	61	increasing	increase	VERB
cblr-2902	1410	62	the	the	DET
cblr-2902	1410	63	value	value	NOUN
cblr-2902	1410	64	of	of	ADP
cblr-2902	1410	65	the	the	DET
cblr-2902	1410	66	firm	firm	NOUN
cblr-2902	1410	67	as	as	ADP
cblr-2902	1410	68	a	a	DET
cblr-2902	1410	69	whole	whole	NOUN
cblr-2902	1410	70	,	,	PUNCT
cblr-2902	1410	71	it	it	PRON
cblr-2902	1410	72	is	be	AUX
cblr-2902	1410	73	sometimes	sometimes	ADV
cblr-2902	1410	74	harder	hard	ADJ
cblr-2902	1410	75	to	to	PART
cblr-2902	1410	76	grow	grow	VERB
cblr-2902	1410	77	the	the	DET
cblr-2902	1410	78	pie	pie	NOUN
cblr-2902	1410	79	than	than	SCONJ
cblr-2902	1410	80	to	to	PART
cblr-2902	1410	81	use	use	VERB
cblr-2902	1410	82	financial	financial	ADJ
cblr-2902	1410	83	engineering	engineering	NOUN
cblr-2902	1410	84	to	to	PART
cblr-2902	1410	85	slice	slice	VERB
cblr-2902	1410	86	it	it	PRON
cblr-2902	1410	87	to	to	ADP
cblr-2902	1410	88	the	the	DET
cblr-2902	1410	89	advantage	advantage	NOUN
cblr-2902	1410	90	of	of	ADP
cblr-2902	1410	91	one	one	NUM
cblr-2902	1410	92	class	class	NOUN
cblr-2902	1410	93	of	of	ADP
cblr-2902	1410	94	investors	investor	NOUN
cblr-2902	1410	95	.	.	PUNCT
cblr-2902	1411	1	some	some	DET
cblr-2902	1411	2	transactions	transaction	NOUN
cblr-2902	1411	3	,	,	PUNCT
cblr-2902	1411	4	including	include	VERB
cblr-2902	1411	5	many	many	ADJ
cblr-2902	1411	6	lbos	lbo	NOUN
cblr-2902	1411	7	,	,	PUNCT
cblr-2902	1411	8	may	may	AUX
cblr-2902	1411	9	simultaneously	simultaneously	ADV
cblr-2902	1411	10	increase	increase	VERB
cblr-2902	1411	11	the	the	DET
cblr-2902	1411	12	value	value	NOUN
cblr-2902	1411	13	of	of	ADP
cblr-2902	1411	14	the	the	DET
cblr-2902	1411	15	firm	firm	NOUN
cblr-2902	1411	16	as	as	ADP
cblr-2902	1411	17	a	a	DET
cblr-2902	1411	18	whole	whole	ADJ
cblr-2902	1411	19	263	263	NUM
cblr-2902	1411	20	see	see	NOUN
cblr-2902	1411	21	april	april	PROPN
cblr-2902	1411	22	klein	klein	PROPN
cblr-2902	1411	23	&	&	CCONJ
cblr-2902	1411	24	emanuel	emanuel	PROPN
cblr-2902	1411	25	zur	zur	PROPN
cblr-2902	1411	26	,	,	PUNCT
cblr-2902	1411	27	the	the	DET
cblr-2902	1411	28	impact	impact	NOUN
cblr-2902	1411	29	of	of	ADP
cblr-2902	1411	30	hedge	hedge	NOUN
cblr-2902	1411	31	fund	fund	NOUN
cblr-2902	1411	32	activism	activism	NOUN
cblr-2902	1411	33	on	on	ADP
cblr-2902	1411	34	the	the	DET
cblr-2902	1411	35	target	target	NOUN
cblr-2902	1411	36	firm	firm	NOUN
cblr-2902	1411	37	's	's	PART
cblr-2902	1411	38	existing	exist	VERB
cblr-2902	1411	39	bondholders	bondholder	NOUN
cblr-2902	1411	40	2	2	NUM
cblr-2902	1411	41	(	(	PUNCT
cblr-2902	1411	42	may	may	PROPN
cblr-2902	1411	43	2010	2010	NUM
cblr-2902	1411	44	)	)	PUNCT
cblr-2902	1411	45	(	(	PUNCT
cblr-2902	1411	46	unpublished	unpublished	ADJ
cblr-2902	1411	47	manuscript	manuscript	NOUN
cblr-2902	1411	48	)	)	PUNCT
cblr-2902	1411	49	,	,	PUNCT
cblr-2902	1411	50	available	available	ADJ
cblr-2902	1411	51	at	at	ADP
cblr-2902	1411	52	http://papers.ssrn.com/sol3/	http://papers.ssrn.com/sol3/	X
cblr-2902	1412	1	papers.cfm?abstractid=1572594	papers.cfm?abstractid=1572594	NOUN
cblr-2902	1412	2	(	(	PUNCT
cblr-2902	1412	3	finding	find	VERB
cblr-2902	1412	4	positive	positive	ADJ
cblr-2902	1412	5	returns	return	NOUN
cblr-2902	1412	6	to	to	ADP
cblr-2902	1412	7	shareholders	shareholder	NOUN
cblr-2902	1412	8	and	and	CCONJ
cblr-2902	1412	9	negative	negative	ADJ
cblr-2902	1412	10	returns	return	NOUN
cblr-2902	1412	11	to	to	ADP
cblr-2902	1412	12	bondholders	bondholder	NOUN
cblr-2902	1412	13	following	follow	VERB
cblr-2902	1412	14	hedge	hedge	NOUN
cblr-2902	1412	15	fund	fund	NOUN
cblr-2902	1412	16	activism	activism	NOUN
cblr-2902	1412	17	and	and	CCONJ
cblr-2902	1412	18	evidence	evidence	NOUN
cblr-2902	1412	19	of	of	ADP
cblr-2902	1412	20	expropriation	expropriation	NOUN
cblr-2902	1412	21	of	of	ADP
cblr-2902	1412	22	wealth	wealth	NOUN
cblr-2902	1412	23	from	from	ADP
cblr-2902	1412	24	bondholders	bondholder	NOUN
cblr-2902	1412	25	to	to	ADP
cblr-2902	1412	26	shareholders	shareholder	NOUN
cblr-2902	1412	27	)	)	PUNCT
cblr-2902	1412	28	.	.	PUNCT
cblr-2902	1413	1	2	2	X
cblr-2902	1413	2	"	"	PUNCT
cblr-2902	1413	3	see	see	VERB
cblr-2902	1413	4	warga	warga	NOUN
cblr-2902	1413	5	&	&	CCONJ
cblr-2902	1413	6	welch	welch	PROPN
cblr-2902	1413	7	,	,	PUNCT
cblr-2902	1413	8	supra	supra	PROPN
cblr-2902	1413	9	note	note	PROPN
cblr-2902	1413	10	18	18	NUM
cblr-2902	1413	11	;	;	PUNCT
cblr-2902	1413	12	matthew	matthew	PROPN
cblr-2902	1413	13	t.	t.	PROPN
cblr-2902	1413	14	billett	billett	PROPN
cblr-2902	1413	15	,	,	PUNCT
cblr-2902	1413	16	zhan	zhan	PROPN
cblr-2902	1413	17	jiang	jiang	PROPN
cblr-2902	1413	18	&	&	CCONJ
cblr-2902	1413	19	erik	erik	PROPN
cblr-2902	1413	20	lie	lie	PROPN
cblr-2902	1413	21	,	,	PUNCT
cblr-2902	1413	22	the	the	DET
cblr-2902	1413	23	role	role	NOUN
cblr-2902	1413	24	of	of	ADP
cblr-2902	1413	25	bondholder	bondholder	NOUN
cblr-2902	1413	26	wealth	wealth	PROPN
cblr-2902	1413	27	expropriation	expropriation	NOUN
cblr-2902	1413	28	in	in	ADP
cblr-2902	1413	29	lbo	lbo	PROPN
cblr-2902	1413	30	transactions	transaction	NOUN
cblr-2902	1413	31	(	(	PUNCT
cblr-2902	1413	32	march	march	PROPN
cblr-2902	1413	33	2008	2008	NUM
cblr-2902	1413	34	)	)	PUNCT
cblr-2902	1413	35	(	(	PUNCT
cblr-2902	1413	36	unpublished	unpublished	ADJ
cblr-2902	1413	37	manuscript	manuscript	NOUN
cblr-2902	1413	38	)	)	PUNCT
cblr-2902	1413	39	,	,	PUNCT
cblr-2902	1413	40	available	available	ADJ
cblr-2902	1413	41	at	at	ADP
cblr-2902	1413	42	http://papers.ssrn.com/sol3/papers.cfm?abstractid=1107448	http://papers.ssrn.com/sol3/papers.cfm?abstractid=1107448	X
cblr-2902	1413	43	.	.	PUNCT
cblr-2902	1414	1	265	265	NUM
cblr-2902	1414	2	see	see	VERB
cblr-2902	1414	3	upinder	upinder	PROPN
cblr-2902	1414	4	s.	s.	PROPN
cblr-2902	1414	5	dhillon	dhillon	PROPN
cblr-2902	1414	6	&	&	CCONJ
cblr-2902	1414	7	herb	herb	PROPN
cblr-2902	1414	8	johnson	johnson	PROPN
cblr-2902	1414	9	,	,	PUNCT
cblr-2902	1414	10	the	the	DET
cblr-2902	1414	11	effect	effect	NOUN
cblr-2902	1414	12	of	of	ADP
cblr-2902	1414	13	dividend	dividend	NOUN
cblr-2902	1414	14	changes	change	NOUN
cblr-2902	1414	15	on	on	ADP
cblr-2902	1414	16	stock	stock	NOUN
cblr-2902	1414	17	and	and	CCONJ
cblr-2902	1414	18	bond	bond	NOUN
cblr-2902	1414	19	prices	price	NOUN
cblr-2902	1414	20	,	,	PUNCT
cblr-2902	1414	21	49	49	NUM
cblr-2902	1414	22	j.	j.	PROPN
cblr-2902	1414	23	fin	fin	PROPN
cblr-2902	1414	24	.	.	PUNCT
cblr-2902	1415	1	281	281	NUM
cblr-2902	1415	2	(	(	PUNCT
cblr-2902	1415	3	1994	1994	NUM
cblr-2902	1415	4	)	)	PUNCT
cblr-2902	1415	5	.	.	PUNCT
cblr-2902	1416	1	26	26	NUM
cblr-2902	1416	2	see	see	VERB
cblr-2902	1416	3	allan	allan	PROPN
cblr-2902	1416	4	c.	c.	PROPN
cblr-2902	1416	5	eberhart	eberhart	PROPN
cblr-2902	1416	6	&	&	CCONJ
cblr-2902	1416	7	akhtar	akhtar	PROPN
cblr-2902	1416	8	siddique	siddique	PROPN
cblr-2902	1416	9	,	,	PUNCT
cblr-2902	1416	10	the	the	DET
cblr-2902	1416	11	long	long	ADJ
cblr-2902	1416	12	-	-	PUNCT
cblr-2902	1416	13	term	term	NOUN
cblr-2902	1416	14	performance	performance	NOUN
cblr-2902	1416	15	of	of	ADP
cblr-2902	1416	16	corporate	corporate	ADJ
cblr-2902	1416	17	bonds	bond	NOUN
cblr-2902	1416	18	(	(	PUNCT
cblr-2902	1416	19	and	and	CCONJ
cblr-2902	1416	20	stocks	stock	NOUN
cblr-2902	1416	21	)	)	PUNCT
cblr-2902	1416	22	following	follow	VERB
cblr-2902	1416	23	seasoned	seasoned	ADJ
cblr-2902	1416	24	equity	equity	NOUN
cblr-2902	1416	25	offerings	offering	NOUN
cblr-2902	1416	26	,	,	PUNCT
cblr-2902	1416	27	15	15	NUM
cblr-2902	1416	28	rev	rev	X
cblr-2902	1416	29	.	.	PROPN
cblr-2902	1417	1	fin	fin	NOUN
cblr-2902	1417	2	.	.	PUNCT
cblr-2902	1417	3	stud	stud	PROPN
cblr-2902	1417	4	.	.	PUNCT
cblr-2902	1418	1	1385	1385	NUM
cblr-2902	1418	2	(	(	PUNCT
cblr-2902	1418	3	2002	2002	NUM
cblr-2902	1418	4	)	)	PUNCT
cblr-2902	1418	5	.	.	PUNCT
cblr-2902	1419	1	216	216	NUM
cblr-2902	1419	2	col	col	PROPN
cblr-2902	1419	3	umia	umia	PROPN
cblr-2902	1419	4	b	b	PROPN
cblr-2902	1419	5	usiness	usiness	PROPN
cblr-2902	1419	6	la	la	PROPN
cblr-2902	1419	7	w	w	PROPN
cblr-2902	1419	8	re	re	PROPN
cblr-2902	1419	9	vie	vie	PROPN
cblr-2902	1419	10	w	w	PROPN
cblr-2902	1420	1	[	[	X
cblr-2902	1420	2	vol	vol	NOUN
cblr-2902	1420	3	.	.	PUNCT
cblr-2902	1420	4	2011	2011	NUM
cblr-2902	1420	5	leveraged	leverage	VERB
cblr-2902	1420	6	buyout	buyout	NOUN
cblr-2902	1420	7	bankruptcies	bankruptcy	NOUN
cblr-2902	1420	8	while	while	SCONJ
cblr-2902	1420	9	expropriating	expropriate	VERB
cblr-2902	1420	10	wealth	wealth	NOUN
cblr-2902	1420	11	from	from	ADP
cblr-2902	1420	12	one	one	NUM
cblr-2902	1420	13	class	class	NOUN
cblr-2902	1420	14	of	of	ADP
cblr-2902	1420	15	creditor	creditor	NOUN
cblr-2902	1420	16	to	to	PART
cblr-2902	1420	17	another.2	another.2	ADP
cblr-2902	1420	18	6	6	NUM
cblr-2902	1420	19	7	7	NUM
cblr-2902	1420	20	c.	c.	NOUN
cblr-2902	1420	21	opposing	oppose	VERB
cblr-2902	1420	22	interests	interest	NOUN
cblr-2902	1420	23	of	of	ADP
cblr-2902	1420	24	equity	equity	NOUN
cblr-2902	1420	25	and	and	CCONJ
cblr-2902	1420	26	debt	debt	NOUN
cblr-2902	1420	27	:	:	PUNCT
cblr-2902	1420	28	real	real	ADJ
cblr-2902	1420	29	world	world	NOUN
cblr-2902	1420	30	strategic	strategic	ADJ
cblr-2902	1420	31	implications	implication	NOUN
cblr-2902	1420	32	the	the	DET
cblr-2902	1420	33	figures	figure	NOUN
cblr-2902	1420	34	above	above	ADV
cblr-2902	1420	35	are	be	AUX
cblr-2902	1420	36	far	far	ADV
cblr-2902	1420	37	more	more	ADJ
cblr-2902	1420	38	than	than	ADP
cblr-2902	1420	39	an	an	DET
cblr-2902	1420	40	exercise	exercise	NOUN
cblr-2902	1420	41	in	in	ADP
cblr-2902	1420	42	probability	probability	NOUN
cblr-2902	1420	43	.	.	PUNCT
cblr-2902	1421	1	they	they	PRON
cblr-2902	1421	2	illustrate	illustrate	VERB
cblr-2902	1421	3	the	the	DET
cblr-2902	1421	4	strategic	strategic	ADJ
cblr-2902	1421	5	dynamic	dynamic	NOUN
cblr-2902	1421	6	that	that	PRON
cblr-2902	1421	7	animates	animate	VERB
cblr-2902	1421	8	every	every	DET
cblr-2902	1421	9	negotiation	negotiation	NOUN
cblr-2902	1421	10	between	between	ADP
cblr-2902	1421	11	debt	debt	NOUN
cblr-2902	1421	12	holders	holder	NOUN
cblr-2902	1421	13	and	and	CCONJ
cblr-2902	1421	14	equity	equity	NOUN
cblr-2902	1421	15	holders	holder	NOUN
cblr-2902	1421	16	.	.	PUNCT
cblr-2902	1422	1	equityholders	equityholder	NOUN
cblr-2902	1422	2	tend	tend	VERB
cblr-2902	1422	3	to	to	PART
cblr-2902	1422	4	favor	favor	VERB
cblr-2902	1422	5	high	high	ADJ
cblr-2902	1422	6	risk	risk	NOUN
cblr-2902	1422	7	operational	operational	ADJ
cblr-2902	1422	8	and	and	CCONJ
cblr-2902	1422	9	financing	financing	NOUN
cblr-2902	1422	10	decisions	decision	NOUN
cblr-2902	1422	11	while	while	SCONJ
cblr-2902	1422	12	debt	debt	NOUN
cblr-2902	1422	13	holders	holder	NOUN
cblr-2902	1422	14	,	,	PUNCT
cblr-2902	1422	15	whose	whose	DET
cblr-2902	1422	16	upside	upside	NOUN
cblr-2902	1422	17	is	be	AUX
cblr-2902	1422	18	capped	cap	VERB
cblr-2902	1422	19	,	,	PUNCT
cblr-2902	1422	20	tend	tend	VERB
cblr-2902	1422	21	to	to	PART
cblr-2902	1422	22	favor	favor	VERB
cblr-2902	1422	23	conservative	conservative	ADJ
cblr-2902	1422	24	operational	operational	ADJ
cblr-2902	1422	25	and	and	CCONJ
cblr-2902	1422	26	financing	financing	NOUN
cblr-2902	1422	27	decisions	decision	NOUN
cblr-2902	1422	28	.	.	PUNCT
cblr-2902	1423	1	debt	debt	NOUN
cblr-2902	1423	2	holders	holder	NOUN
cblr-2902	1423	3	try	try	VERB
cblr-2902	1423	4	to	to	PART
cblr-2902	1423	5	constrain	constrain	VERB
cblr-2902	1423	6	equity	equity	NOUN
cblr-2902	1423	7	holders	holder	NOUN
cblr-2902	1423	8	'	'	PART
cblr-2902	1423	9	freedom	freedom	NOUN
cblr-2902	1423	10	to	to	PART
cblr-2902	1423	11	take	take	VERB
cblr-2902	1423	12	risks	risk	NOUN
cblr-2902	1423	13	through	through	ADP
cblr-2902	1423	14	covenants	covenant	NOUN
cblr-2902	1423	15	,	,	PUNCT
cblr-2902	1423	16	change	change	NOUN
cblr-2902	1423	17	-	-	PUNCT
cblr-2902	1423	18	of	of	ADP
cblr-2902	1423	19	-	-	PUNCT
cblr-2902	1423	20	control	control	NOUN
cblr-2902	1423	21	provisions	provision	NOUN
cblr-2902	1423	22	,	,	PUNCT
cblr-2902	1423	23	and	and	CCONJ
cblr-2902	1423	24	other	other	ADJ
cblr-2902	1423	25	mechanisms	mechanism	NOUN
cblr-2902	1423	26	designed	design	VERB
cblr-2902	1423	27	to	to	PART
cblr-2902	1423	28	protect	protect	VERB
cblr-2902	1423	29	them	they	PRON
cblr-2902	1423	30	from	from	ADP
cblr-2902	1423	31	a	a	DET
cblr-2902	1423	32	risky	risky	ADJ
cblr-2902	1423	33	shift	shift	NOUN
cblr-2902	1423	34	in	in	ADP
cblr-2902	1423	35	management	management	NOUN
cblr-2902	1423	36	strategy	strategy	NOUN
cblr-2902	1423	37	.	.	PUNCT
cblr-2902	1424	1	fraudulent	fraudulent	ADJ
cblr-2902	1424	2	transfer	transfer	NOUN
cblr-2902	1424	3	law	law	NOUN
cblr-2902	1424	4	provides	provide	VERB
cblr-2902	1424	5	creditors	creditor	NOUN
cblr-2902	1424	6	with	with	ADP
cblr-2902	1424	7	an	an	DET
cblr-2902	1424	8	additional	additional	ADJ
cblr-2902	1424	9	measure	measure	NOUN
cblr-2902	1424	10	of	of	ADP
cblr-2902	1424	11	protection	protection	NOUN
cblr-2902	1424	12	above	above	ADP
cblr-2902	1424	13	and	and	CCONJ
cblr-2902	1424	14	beyond	beyond	ADP
cblr-2902	1424	15	contractual	contractual	ADJ
cblr-2902	1424	16	negotiations	negotiation	NOUN
cblr-2902	1424	17	.	.	PUNCT
cblr-2902	1425	1	the	the	DET
cblr-2902	1425	2	policy	policy	NOUN
cblr-2902	1425	3	goal	goal	NOUN
cblr-2902	1425	4	is	be	AUX
cblr-2902	1425	5	presumably	presumably	ADV
cblr-2902	1425	6	to	to	PART
cblr-2902	1425	7	encourage	encourage	VERB
cblr-2902	1425	8	lbos	lbo	NOUN
cblr-2902	1425	9	that	that	PRON
cblr-2902	1425	10	are	be	AUX
cblr-2902	1425	11	likely	likely	ADJ
cblr-2902	1425	12	to	to	PART
cblr-2902	1425	13	increase	increase	VERB
cblr-2902	1425	14	the	the	DET
cblr-2902	1425	15	value	value	NOUN
cblr-2902	1425	16	of	of	ADP
cblr-2902	1425	17	firms	firm	NOUN
cblr-2902	1425	18	as	as	ADP
cblr-2902	1425	19	a	a	DET
cblr-2902	1425	20	whole	whole	NOUN
cblr-2902	1425	21	rather	rather	ADV
cblr-2902	1425	22	than	than	ADP
cblr-2902	1425	23	to	to	PART
cblr-2902	1425	24	simply	simply	ADV
cblr-2902	1425	25	transfer	transfer	VERB
cblr-2902	1425	26	value	value	NOUN
cblr-2902	1425	27	from	from	ADP
cblr-2902	1425	28	debt	debt	NOUN
cblr-2902	1425	29	holders	holder	NOUN
cblr-2902	1425	30	to	to	ADP
cblr-2902	1425	31	equity	equity	NOUN
cblr-2902	1425	32	.	.	PUNCT
cblr-2902	1426	1	one	one	NUM
cblr-2902	1426	2	of	of	ADP
cblr-2902	1426	3	the	the	DET
cblr-2902	1426	4	mechanisms	mechanism	NOUN
cblr-2902	1426	5	courts	court	NOUN
cblr-2902	1426	6	have	have	AUX
cblr-2902	1426	7	used	use	VERB
cblr-2902	1426	8	to	to	PART
cblr-2902	1426	9	try	try	VERB
cblr-2902	1426	10	to	to	PART
cblr-2902	1426	11	identify	identify	VERB
cblr-2902	1426	12	"	"	PUNCT
cblr-2902	1426	13	bad	bad	ADJ
cblr-2902	1426	14	"	"	PUNCT
cblr-2902	1426	15	lbos	lbo	NOUN
cblr-2902	1426	16	is	be	AUX
cblr-2902	1426	17	to	to	PART
cblr-2902	1426	18	consider	consider	VERB
cblr-2902	1426	19	how	how	SCONJ
cblr-2902	1426	20	much	much	ADJ
cblr-2902	1426	21	of	of	ADP
cblr-2902	1426	22	its	its	PRON
cblr-2902	1426	23	own	own	ADJ
cblr-2902	1426	24	money	money	NOUN
cblr-2902	1426	25	the	the	DET
cblr-2902	1426	26	sponsor	sponsor	NOUN
cblr-2902	1426	27	leaves	leave	VERB
cblr-2902	1426	28	inside	inside	ADP
cblr-2902	1426	29	the	the	DET
cblr-2902	1426	30	firm.268	firm.268	PROPN
cblr-2902	1426	31	like	like	ADP
cblr-2902	1426	32	all	all	DET
cblr-2902	1426	33	options	option	NOUN
cblr-2902	1426	34	,	,	PUNCT
cblr-2902	1426	35	equity	equity	NOUN
cblr-2902	1426	36	usually	usually	ADV
cblr-2902	1426	37	has	have	VERB
cblr-2902	1426	38	a	a	DET
cblr-2902	1426	39	cost	cost	NOUN
cblr-2902	1426	40	-	-	PUNCT
cblr-2902	1426	41	the	the	DET
cblr-2902	1426	42	cash	cash	NOUN
cblr-2902	1426	43	that	that	PRON
cblr-2902	1426	44	the	the	DET
cblr-2902	1426	45	equity	equity	NOUN
cblr-2902	1426	46	holder	holder	NOUN
cblr-2902	1426	47	pays	pay	VERB
cblr-2902	1426	48	to	to	ADP
cblr-2902	1426	49	the	the	DET
cblr-2902	1426	50	firm	firm	NOUN
cblr-2902	1426	51	and	and	CCONJ
cblr-2902	1426	52	that	that	PRON
cblr-2902	1426	53	remains	remain	VERB
cblr-2902	1426	54	inside	inside	ADP
cblr-2902	1426	55	the	the	DET
cblr-2902	1426	56	firm	firm	NOUN
cblr-2902	1426	57	.	.	PUNCT
cblr-2902	1427	1	the	the	DET
cblr-2902	1427	2	less	less	ADJ
cblr-2902	1427	3	cash	cash	NOUN
cblr-2902	1427	4	the	the	DET
cblr-2902	1427	5	equity	equity	NOUN
cblr-2902	1427	6	holder	holder	NOUN
cblr-2902	1427	7	leaves	leave	VERB
cblr-2902	1427	8	inside	inside	ADP
cblr-2902	1427	9	the	the	DET
cblr-2902	1427	10	firm	firm	NOUN
cblr-2902	1427	11	,	,	PUNCT
cblr-2902	1427	12	the	the	PRON
cblr-2902	1427	13	lower	low	ADJ
cblr-2902	1427	14	the	the	DET
cblr-2902	1427	15	equity	equity	NOUN
cblr-2902	1427	16	holder	holder	NOUN
cblr-2902	1427	17	's	's	PART
cblr-2902	1427	18	risk	risk	NOUN
cblr-2902	1427	19	of	of	ADP
cblr-2902	1427	20	loss	loss	NOUN
cblr-2902	1427	21	,	,	PUNCT
cblr-2902	1427	22	the	the	PRON
cblr-2902	1427	23	cheaper	cheap	ADJ
cblr-2902	1427	24	the	the	DET
cblr-2902	1427	25	option	option	NOUN
cblr-2902	1427	26	,	,	PUNCT
cblr-2902	1427	27	and	and	CCONJ
cblr-2902	1427	28	greater	great	ADJ
cblr-2902	1427	29	the	the	DET
cblr-2902	1427	30	net	net	ADJ
cblr-2902	1427	31	value	value	NOUN
cblr-2902	1427	32	.	.	PUNCT
cblr-2902	1428	1	the	the	DET
cblr-2902	1428	2	appeal	appeal	NOUN
cblr-2902	1428	3	of	of	ADP
cblr-2902	1428	4	lbo	lbo	PROPN
cblr-2902	1428	5	transactions	transaction	NOUN
cblr-2902	1428	6	is	be	AUX
cblr-2902	1428	7	that	that	SCONJ
cblr-2902	1428	8	they	they	PRON
cblr-2902	1428	9	give	give	VERB
cblr-2902	1428	10	the	the	DET
cblr-2902	1428	11	sponsor	sponsor	NOUN
cblr-2902	1428	12	(	(	PUNCT
cblr-2902	1428	13	the	the	DET
cblr-2902	1428	14	private	private	ADJ
cblr-2902	1428	15	equity	equity	NOUN
cblr-2902	1428	16	firm	firm	NOUN
cblr-2902	1428	17	that	that	PRON
cblr-2902	1428	18	becomes	become	VERB
cblr-2902	1428	19	the	the	DET
cblr-2902	1428	20	new	new	ADJ
cblr-2902	1428	21	owner	owner	NOUN
cblr-2902	1428	22	)	)	PUNCT
cblr-2902	1428	23	a	a	DET
cblr-2902	1428	24	very	very	ADV
cblr-2902	1428	25	cheap	cheap	ADJ
cblr-2902	1428	26	or	or	CCONJ
cblr-2902	1428	27	sometimes	sometimes	ADV
cblr-2902	1428	28	free	free	ADJ
cblr-2902	1428	29	option	option	NOUN
cblr-2902	1428	30	.	.	PUNCT
cblr-2902	1429	1	if	if	SCONJ
cblr-2902	1429	2	the	the	DET
cblr-2902	1429	3	buyout	buyout	NOUN
cblr-2902	1429	4	267	267	NUM
cblr-2902	1429	5	see	see	VERB
cblr-2902	1429	6	klein	klein	PROPN
cblr-2902	1429	7	&	&	CCONJ
cblr-2902	1429	8	zur	zur	PROPN
cblr-2902	1429	9	,	,	PUNCT
cblr-2902	1429	10	supra	supra	PROPN
cblr-2902	1429	11	note	note	PROPN
cblr-2902	1429	12	263	263	NUM
cblr-2902	1429	13	;	;	PUNCT
cblr-2902	1429	14	supra	supra	PROPN
cblr-2902	1429	15	note	note	NOUN
cblr-2902	1429	16	20	20	NUM
cblr-2902	1429	17	and	and	CCONJ
cblr-2902	1429	18	accompanying	accompany	VERB
cblr-2902	1429	19	text	text	NOUN
cblr-2902	1429	20	.	.	PUNCT
cblr-2902	1430	1	2	2	NUM
cblr-2902	1430	2	"	"	PUNCT
cblr-2902	1430	3	see	see	VERB
cblr-2902	1430	4	official	official	ADJ
cblr-2902	1430	5	comm	comm	NOUN
cblr-2902	1430	6	.	.	PUNCT
cblr-2902	1431	1	of	of	ADP
cblr-2902	1431	2	unsecured	unsecured	ADJ
cblr-2902	1431	3	creditors	creditor	NOUN
cblr-2902	1431	4	of	of	ADP
cblr-2902	1431	5	grand	grand	PROPN
cblr-2902	1431	6	eagle	eagle	PROPN
cblr-2902	1431	7	cos	cos	PROPN
cblr-2902	1431	8	.	.	PROPN
cblr-2902	1432	1	v.	v.	ADP
cblr-2902	1432	2	asea	asea	PROPN
cblr-2902	1432	3	brown	brown	PROPN
cblr-2902	1432	4	boveri	boveri	PROPN
cblr-2902	1432	5	,	,	PUNCT
cblr-2902	1432	6	inc	inc	PROPN
cblr-2902	1432	7	.	.	PROPN
cblr-2902	1432	8	,	,	PUNCT
cblr-2902	1432	9	313	313	NUM
cblr-2902	1432	10	b.r	b.r	PROPN
cblr-2902	1432	11	.	.	PROPN
cblr-2902	1432	12	219	219	NUM
cblr-2902	1432	13	,	,	PUNCT
cblr-2902	1432	14	230	230	NUM
cblr-2902	1432	15	(	(	PUNCT
cblr-2902	1432	16	n.d	n.d	PROPN
cblr-2902	1432	17	.	.	PROPN
cblr-2902	1432	18	ohio	ohio	PROPN
cblr-2902	1432	19	2004	2004	NUM
cblr-2902	1432	20	)	)	PUNCT
cblr-2902	1432	21	;	;	PUNCT
cblr-2902	1432	22	in	in	ADP
cblr-2902	1432	23	re	re	ADP
cblr-2902	1432	24	c	c	X
cblr-2902	1432	25	-	-	PUNCT
cblr-2902	1432	26	t	t	PROPN
cblr-2902	1432	27	of	of	ADP
cblr-2902	1432	28	va	va	PROPN
cblr-2902	1432	29	,	,	PUNCT
cblr-2902	1432	30	inc	inc	PROPN
cblr-2902	1432	31	.	.	PROPN
cblr-2902	1432	32	,	,	PUNCT
cblr-2902	1432	33	124	124	NUM
cblr-2902	1432	34	b.r	b.r	PROPN
cblr-2902	1432	35	.	.	PROPN
cblr-2902	1432	36	694	694	NUM
cblr-2902	1432	37	,	,	PUNCT
cblr-2902	1432	38	698	698	NUM
cblr-2902	1432	39	-	-	SYM
cblr-2902	1432	40	99	99	NUM
cblr-2902	1432	41	(	(	PUNCT
cblr-2902	1432	42	w.d	w.d	PROPN
cblr-2902	1432	43	.	.	PROPN
cblr-2902	1432	44	va	va	PROPN
cblr-2902	1432	45	.	.	PROPN
cblr-2902	1432	46	1990	1990	NUM
cblr-2902	1432	47	)	)	PUNCT
cblr-2902	1432	48	,	,	PUNCT
cblr-2902	1432	49	affd	affd	PROPN
cblr-2902	1432	50	,	,	PUNCT
cblr-2902	1432	51	958	958	NUM
cblr-2902	1432	52	f.2d	f.2d	SYM
cblr-2902	1432	53	606	606	NUM
cblr-2902	1432	54	(	(	PUNCT
cblr-2902	1432	55	4th	4th	ADJ
cblr-2902	1432	56	cir	cir	NOUN
cblr-2902	1432	57	.	.	PROPN
cblr-2902	1432	58	1992	1992	NUM
cblr-2902	1432	59	)	)	PUNCT
cblr-2902	1432	60	.	.	PUNCT
cblr-2902	1433	1	no	no	INTJ
cblr-2902	1433	2	.	.	NOUN
cblr-2902	1434	1	1	1	NUM
cblr-2902	1434	2	:	:	SYM
cblr-2902	1434	3	118	118	NUM
cblr-2902	1434	4	]	]	SYM
cblr-2902	1434	5	217	217	NUM
cblr-2902	1434	6	is	be	AUX
cblr-2902	1434	7	entirely	entirely	ADV
cblr-2902	1434	8	funded	fund	VERB
cblr-2902	1434	9	by	by	ADP
cblr-2902	1434	10	debt	debt	NOUN
cblr-2902	1434	11	,	,	PUNCT
cblr-2902	1434	12	or	or	CCONJ
cblr-2902	1434	13	if	if	SCONJ
cblr-2902	1434	14	the	the	DET
cblr-2902	1434	15	sponsor	sponsor	NOUN
cblr-2902	1434	16	is	be	AUX
cblr-2902	1434	17	able	able	ADJ
cblr-2902	1434	18	to	to	PART
cblr-2902	1434	19	extract	extract	VERB
cblr-2902	1434	20	its	its	PRON
cblr-2902	1434	21	cash	cash	NOUN
cblr-2902	1434	22	shortly	shortly	ADV
cblr-2902	1434	23	after	after	ADP
cblr-2902	1434	24	the	the	DET
cblr-2902	1434	25	close	close	NOUN
cblr-2902	1434	26	of	of	ADP
cblr-2902	1434	27	the	the	DET
cblr-2902	1434	28	transaction	transaction	NOUN
cblr-2902	1434	29	through	through	ADP
cblr-2902	1434	30	dividends	dividend	NOUN
cblr-2902	1434	31	,	,	PUNCT
cblr-2902	1434	32	management	management	NOUN
cblr-2902	1434	33	fees	fee	NOUN
cblr-2902	1434	34	,	,	PUNCT
cblr-2902	1434	35	or	or	CCONJ
cblr-2902	1434	36	some	some	DET
cblr-2902	1434	37	other	other	ADJ
cblr-2902	1434	38	device	device	NOUN
cblr-2902	1434	39	,	,	PUNCT
cblr-2902	1434	40	then	then	ADV
cblr-2902	1434	41	the	the	DET
cblr-2902	1434	42	sponsor	sponsor	NOUN
cblr-2902	1434	43	can	can	AUX
cblr-2902	1434	44	only	only	ADV
cblr-2902	1434	45	experience	experience	VERB
cblr-2902	1434	46	upside	upside	ADV
cblr-2902	1434	47	and	and	CCONJ
cblr-2902	1434	48	has	have	VERB
cblr-2902	1434	49	no	no	DET
cblr-2902	1434	50	downside	downside	ADJ
cblr-2902	1434	51	risk	risk	NOUN
cblr-2902	1434	52	of	of	ADP
cblr-2902	1434	53	loss	loss	NOUN
cblr-2902	1434	54	.	.	PUNCT
cblr-2902	1435	1	the	the	DET
cblr-2902	1435	2	sponsor	sponsor	NOUN
cblr-2902	1435	3	therefore	therefore	ADV
cblr-2902	1435	4	has	have	VERB
cblr-2902	1435	5	strong	strong	ADJ
cblr-2902	1435	6	incentives	incentive	NOUN
cblr-2902	1435	7	to	to	PART
cblr-2902	1435	8	pursue	pursue	VERB
cblr-2902	1435	9	risky	risky	ADJ
cblr-2902	1435	10	strategies	strategy	NOUN
cblr-2902	1435	11	such	such	ADJ
cblr-2902	1435	12	as	as	ADP
cblr-2902	1435	13	mergers	merger	NOUN
cblr-2902	1435	14	,	,	PUNCT
cblr-2902	1435	15	roll	roll	NOUN
cblr-2902	1435	16	-	-	PUNCT
cblr-2902	1435	17	ups	up	NOUN
cblr-2902	1435	18	,	,	PUNCT
cblr-2902	1435	19	divestitures	divestiture	NOUN
cblr-2902	1435	20	,	,	PUNCT
cblr-2902	1435	21	or	or	CCONJ
cblr-2902	1435	22	drastic	drastic	ADJ
cblr-2902	1435	23	cost	cost	NOUN
cblr-2902	1435	24	cutting	cutting	NOUN
cblr-2902	1435	25	that	that	PRON
cblr-2902	1435	26	could	could	AUX
cblr-2902	1435	27	either	either	CCONJ
cblr-2902	1435	28	succeed	succeed	VERB
cblr-2902	1435	29	spectacularly	spectacularly	ADV
cblr-2902	1435	30	or	or	CCONJ
cblr-2902	1435	31	fail	fail	VERB
cblr-2902	1435	32	miserably	miserably	ADV
cblr-2902	1435	33	.	.	PUNCT
cblr-2902	1436	1	if	if	SCONJ
cblr-2902	1436	2	the	the	DET
cblr-2902	1436	3	sponsor	sponsor	NOUN
cblr-2902	1436	4	stands	stand	VERB
cblr-2902	1436	5	to	to	PART
cblr-2902	1436	6	lose	lose	VERB
cblr-2902	1436	7	some	some	PRON
cblr-2902	1436	8	of	of	ADP
cblr-2902	1436	9	its	its	PRON
cblr-2902	1436	10	own	own	ADJ
cblr-2902	1436	11	money	money	NOUN
cblr-2902	1436	12	,	,	PUNCT
cblr-2902	1436	13	it	it	PRON
cblr-2902	1436	14	might	might	AUX
cblr-2902	1436	15	be	be	AUX
cblr-2902	1436	16	somewhat	somewhat	ADV
cblr-2902	1436	17	more	more	ADV
cblr-2902	1436	18	cognizant	cognizant	ADJ
cblr-2902	1436	19	of	of	ADP
cblr-2902	1436	20	downside	downside	ADJ
cblr-2902	1436	21	risk	risk	NOUN
cblr-2902	1436	22	.	.	PUNCT
cblr-2902	1437	1	by	by	ADP
cblr-2902	1437	2	contrast	contrast	NOUN
cblr-2902	1437	3	,	,	PUNCT
cblr-2902	1437	4	normal	normal	ADJ
cblr-2902	1437	5	corporate	corporate	ADJ
cblr-2902	1437	6	managers	manager	NOUN
cblr-2902	1437	7	,	,	PUNCT
cblr-2902	1437	8	who	who	PRON
cblr-2902	1437	9	are	be	AUX
cblr-2902	1437	10	generally	generally	ADV
cblr-2902	1437	11	not	not	PART
cblr-2902	1437	12	significant	significant	ADJ
cblr-2902	1437	13	equity	equity	NOUN
cblr-2902	1437	14	owners	owner	NOUN
cblr-2902	1437	15	,	,	PUNCT
cblr-2902	1437	16	might	might	AUX
cblr-2902	1437	17	pursue	pursue	VERB
cblr-2902	1437	18	overly	overly	ADV
cblr-2902	1437	19	conservative	conservative	ADJ
cblr-2902	1437	20	strategies	strategy	NOUN
cblr-2902	1437	21	to	to	PART
cblr-2902	1437	22	preserve	preserve	VERB
cblr-2902	1437	23	their	their	PRON
cblr-2902	1437	24	jobs	job	NOUN
cblr-2902	1437	25	or	or	CCONJ
cblr-2902	1437	26	to	to	PART
cblr-2902	1437	27	protect	protect	VERB
cblr-2902	1437	28	the	the	DET
cblr-2902	1437	29	interests	interest	NOUN
cblr-2902	1437	30	of	of	ADP
cblr-2902	1437	31	stakeholders	stakeholder	NOUN
cblr-2902	1437	32	other	other	ADJ
cblr-2902	1437	33	than	than	ADP
cblr-2902	1437	34	equity	equity	NOUN
cblr-2902	1437	35	.	.	PUNCT
cblr-2902	1438	1	how	how	SCONJ
cblr-2902	1438	2	much	much	ADJ
cblr-2902	1438	3	risk	risk	NOUN
cblr-2902	1438	4	taking	taking	NOUN
cblr-2902	1438	5	is	be	AUX
cblr-2902	1438	6	optimal	optimal	ADJ
cblr-2902	1438	7	remains	remain	VERB
cblr-2902	1438	8	open	open	ADJ
cblr-2902	1438	9	to	to	ADP
cblr-2902	1438	10	debate	debate	VERB
cblr-2902	1438	11	,	,	PUNCT
cblr-2902	1438	12	and	and	CCONJ
cblr-2902	1438	13	fraudulent	fraudulent	ADJ
cblr-2902	1438	14	transfer	transfer	NOUN
cblr-2902	1438	15	law	law	NOUN
cblr-2902	1438	16	strives	strive	VERB
cblr-2902	1438	17	to	to	PART
cblr-2902	1438	18	find	find	VERB
cblr-2902	1438	19	a	a	DET
cblr-2902	1438	20	happy	happy	ADJ
cblr-2902	1438	21	medium	medium	NOUN
cblr-2902	1438	22	.	.	PUNCT
cblr-2902	1439	1	ix	ix	INTJ
cblr-2902	1439	2	.	.	PUNCT
cblr-2902	1440	1	appendix	appendix	ADJ
cblr-2902	1440	2	iii	iii	NUM
cblr-2902	1440	3	:	:	PUNCT
cblr-2902	1440	4	derivation	derivation	NOUN
cblr-2902	1440	5	and	and	CCONJ
cblr-2902	1440	6	illustration	illustration	NOUN
cblr-2902	1440	7	of	of	ADP
cblr-2902	1440	8	equation	equation	NOUN
cblr-2902	1440	9	3	3	NUM
cblr-2902	1440	10	the	the	DET
cblr-2902	1440	11	relationship	relationship	NOUN
cblr-2902	1440	12	between	between	ADP
cblr-2902	1440	13	the	the	DET
cblr-2902	1440	14	risk	risk	NOUN
cblr-2902	1440	15	-	-	PUNCT
cblr-2902	1440	16	free	free	ADJ
cblr-2902	1440	17	rate	rate	NOUN
cblr-2902	1440	18	,	,	PUNCT
cblr-2902	1440	19	the	the	DET
cblr-2902	1440	20	yield	yield	NOUN
cblr-2902	1440	21	on	on	ADP
cblr-2902	1440	22	a	a	DET
cblr-2902	1440	23	corporate	corporate	ADJ
cblr-2902	1440	24	bond	bond	NOUN
cblr-2902	1440	25	,	,	PUNCT
cblr-2902	1440	26	the	the	DET
cblr-2902	1440	27	probability	probability	NOUN
cblr-2902	1440	28	of	of	ADP
cblr-2902	1440	29	default	default	NOUN
cblr-2902	1440	30	,	,	PUNCT
cblr-2902	1440	31	and	and	CCONJ
cblr-2902	1440	32	the	the	DET
cblr-2902	1440	33	expected	expect	VERB
cblr-2902	1440	34	loss	loss	NOUN
cblr-2902	1440	35	rate	rate	NOUN
cblr-2902	1440	36	given	give	VERB
cblr-2902	1440	37	default	default	NOUN
cblr-2902	1440	38	under	under	ADP
cblr-2902	1440	39	idealized	idealized	ADJ
cblr-2902	1440	40	conditions	condition	NOUN
cblr-2902	1440	41	was	be	AUX
cblr-2902	1440	42	previously	previously	ADV
cblr-2902	1440	43	summarized	summarize	VERB
cblr-2902	1440	44	by	by	ADP
cblr-2902	1440	45	equation	equation	NOUN
cblr-2902	1440	46	3	3	NUM
cblr-2902	1440	47	:	:	PUNCT
cblr-2902	1440	48	(	(	PUNCT
cblr-2902	1440	49	probability	probability	NOUN
cblr-2902	1440	50	of	of	ADP
cblr-2902	1440	51	default	default	NOUN
cblr-2902	1440	52	in	in	ADP
cblr-2902	1440	53	year	year	NOUN
cblr-2902	1440	54	1	1	NUM
cblr-2902	1440	55	)	)	PUNCT
cblr-2902	1440	56	=	=	NOUN
cblr-2902	1441	1	[	[	X
cblr-2902	1441	2	1	1	NUM
cblr-2902	1441	3	(	(	PUNCT
cblr-2902	1441	4	1	1	NUM
cblr-2902	1441	5	+	+	CCONJ
cblr-2902	1441	6	risk	risk	NOUN
cblr-2902	1441	7	-	-	PUNCT
cblr-2902	1441	8	free	free	ADJ
cblr-2902	1441	9	rate	rate	NOUN
cblr-2902	1441	10	)	)	PUNCT
cblr-2902	1441	11	/	/	PUNCT
cblr-2902	1441	12	(	(	PUNCT
cblr-2902	1441	13	1	1	NUM
cblr-2902	1441	14	+	+	CCONJ
cblr-2902	1441	15	corporate	corporate	ADJ
cblr-2902	1441	16	bond	bond	NOUN
cblr-2902	1441	17	yield	yield	NOUN
cblr-2902	1441	18	)	)	PUNCT
cblr-2902	1441	19	]	]	PUNCT
cblr-2902	1441	20	/	/	PUNCT
cblr-2902	1441	21	(	(	PUNCT
cblr-2902	1441	22	expected	expect	VERB
cblr-2902	1441	23	loss	loss	NOUN
cblr-2902	1441	24	rate	rate	NOUN
cblr-2902	1441	25	given	give	VERB
cblr-2902	1441	26	default	default	NOUN
cblr-2902	1441	27	)	)	PUNCT
cblr-2902	1441	28	this	this	DET
cblr-2902	1441	29	equation	equation	NOUN
cblr-2902	1441	30	can	can	AUX
cblr-2902	1441	31	be	be	AUX
cblr-2902	1441	32	rewritten	rewrite	VERB
cblr-2902	1441	33	in	in	ADP
cblr-2902	1441	34	mathematical	mathematical	ADJ
cblr-2902	1441	35	notation	notation	NOUN
cblr-2902	1441	36	as	as	ADP
cblr-2902	1441	37	:	:	PUNCT
cblr-2902	1441	38	d	d	X
cblr-2902	1441	39	=	=	PUNCT
cblr-2902	1442	1	[	[	X
cblr-2902	1442	2	1	1	NUM
cblr-2902	1442	3	(	(	PUNCT
cblr-2902	1442	4	1	1	NUM
cblr-2902	1442	5	+	+	CCONJ
cblr-2902	1442	6	g	g	NOUN
cblr-2902	1442	7	)	)	PUNCT
cblr-2902	1442	8	/	/	PUNCT
cblr-2902	1442	9	(	(	PUNCT
cblr-2902	1442	10	1	1	NUM
cblr-2902	1442	11	+	+	CCONJ
cblr-2902	1442	12	x	x	X
cblr-2902	1442	13	)	)	PUNCT
cblr-2902	1442	14	]	]	PUNCT
cblr-2902	1442	15	/	/	SYM
cblr-2902	1442	16	(	(	PUNCT
cblr-2902	1442	17	l	l	NOUN
cblr-2902	1442	18	)	)	PUNCT
cblr-2902	1442	19	or	or	CCONJ
cblr-2902	1442	20	d	d	NOUN
cblr-2902	1442	21	=(	=(	NOUN
cblr-2902	1442	22	1	1	NUM
cblr-2902	1442	23	/	/	SYM
cblr-2902	1442	24	l)*(1(1	l)*(1(1	NOUN
cblr-2902	1442	25	+	+	CCONJ
cblr-2902	1442	26	g	g	NOUN
cblr-2902	1442	27	)	)	PUNCT
cblr-2902	1442	28	/	/	PUNCT
cblr-2902	1442	29	(	(	PUNCT
cblr-2902	1442	30	1	1	NUM
cblr-2902	1442	31	+	+	CCONJ
cblr-2902	1442	32	x	x	NOUN
cblr-2902	1442	33	)	)	PUNCT
cblr-2902	1442	34	)	)	PUNCT
cblr-2902	1442	35	where	where	SCONJ
cblr-2902	1442	36	:	:	PUNCT
cblr-2902	1442	37	g	g	NOUN
cblr-2902	1442	38	=	=	NOUN
cblr-2902	1442	39	risk	risk	NOUN
cblr-2902	1442	40	-	-	PUNCT
cblr-2902	1442	41	free	free	ADJ
cblr-2902	1442	42	rate	rate	NOUN
cblr-2902	1442	43	x	x	NOUN
cblr-2902	1442	44	=	=	PUNCT
cblr-2902	1442	45	corporate	corporate	ADJ
cblr-2902	1442	46	bond	bond	NOUN
cblr-2902	1442	47	rate	rate	NOUN
cblr-2902	1442	48	d	d	PROPN
cblr-2902	1442	49	=	=	PUNCT
cblr-2902	1442	50	perceived	perceive	VERB
cblr-2902	1442	51	probability	probability	NOUN
cblr-2902	1442	52	of	of	ADP
cblr-2902	1442	53	default	default	NOUN
cblr-2902	1442	54	in	in	ADP
cblr-2902	1442	55	year	year	NOUN
cblr-2902	1442	56	1	1	NUM
cblr-2902	1442	57	;	;	PUNCT
cblr-2902	1442	58	(	(	PUNCT
cblr-2902	1442	59	1	1	NUM
cblr-2902	1442	60	d	d	NOUN
cblr-2902	1442	61	)	)	PUNCT
cblr-2902	1443	1	=	=	VERB
cblr-2902	1443	2	perceived	perceive	VERB
cblr-2902	1443	3	probability	probability	NOUN
cblr-2902	1443	4	of	of	ADP
cblr-2902	1443	5	no	no	DET
cblr-2902	1443	6	default	default	NOUN
cblr-2902	1443	7	in	in	ADP
cblr-2902	1443	8	year	year	NOUN
cblr-2902	1443	9	1	1	NUM
cblr-2902	1443	10	l	l	NOUN
cblr-2902	1443	11	=	=	PUNCT
cblr-2902	1443	12	loss	loss	NOUN
cblr-2902	1443	13	rate	rate	NOUN
cblr-2902	1443	14	given	give	VERB
cblr-2902	1443	15	default	default	NOUN
cblr-2902	1443	16	;	;	PUNCT
cblr-2902	1443	17	(	(	PUNCT
cblr-2902	1443	18	1	1	NUM
cblr-2902	1443	19	l	l	NOUN
cblr-2902	1443	20	)	)	PUNCT
cblr-2902	1443	21	=	=	SYM
cblr-2902	1443	22	recovery	recovery	NOUN
cblr-2902	1443	23	rate	rate	PROPN
cblr-2902	1443	24	columbia	columbia	PROPN
cblr-2902	1443	25	business	business	PROPN
cblr-2902	1443	26	law	law	PROPN
cblr-2902	1443	27	re	re	ADP
cblr-2902	1443	28	view2	view2	NOUN
cblr-2902	1443	29	18	18	NUM
cblr-2902	1444	1	[	[	X
cblr-2902	1444	2	vol	vol	NOUN
cblr-2902	1444	3	.	.	PUNCT
cblr-2902	1445	1	201	201	NUM
cblr-2902	1445	2	1	1	NUM
cblr-2902	1445	3	leveraged	leverage	VERB
cblr-2902	1445	4	buyout	buyout	NOUN
cblr-2902	1445	5	bankruptcies	bankruptcy	NOUN
cblr-2902	1445	6	for	for	ADP
cblr-2902	1445	7	the	the	DET
cblr-2902	1445	8	derivation	derivation	NOUN
cblr-2902	1445	9	of	of	ADP
cblr-2902	1445	10	this	this	DET
cblr-2902	1445	11	formula	formula	NOUN
cblr-2902	1445	12	,	,	PUNCT
cblr-2902	1445	13	we	we	PRON
cblr-2902	1445	14	will	will	AUX
cblr-2902	1445	15	also	also	ADV
cblr-2902	1445	16	use	use	VERB
cblr-2902	1445	17	the	the	DET
cblr-2902	1445	18	following	follow	VERB
cblr-2902	1445	19	notation	notation	NOUN
cblr-2902	1445	20	:	:	PUNCT
cblr-2902	1445	21	i	i	NOUN
cblr-2902	1445	22	=	=	SYM
cblr-2902	1445	23	principal	principal	ADJ
cblr-2902	1445	24	investment	investment	NOUN
cblr-2902	1445	25	consider	consider	VERB
cblr-2902	1445	26	a	a	DET
cblr-2902	1445	27	rational	rational	ADJ
cblr-2902	1445	28	risk	risk	NOUN
cblr-2902	1445	29	-	-	PUNCT
cblr-2902	1445	30	neutral	neutral	ADJ
cblr-2902	1445	31	investor	investor	NOUN
cblr-2902	1445	32	who	who	PRON
cblr-2902	1445	33	represents	represent	VERB
cblr-2902	1445	34	the	the	DET
cblr-2902	1445	35	aggregate	aggregate	ADJ
cblr-2902	1445	36	views	view	NOUN
cblr-2902	1445	37	of	of	ADP
cblr-2902	1445	38	all	all	DET
cblr-2902	1445	39	investors	investor	NOUN
cblr-2902	1445	40	in	in	ADP
cblr-2902	1445	41	an	an	DET
cblr-2902	1445	42	idealized	idealized	ADJ
cblr-2902	1445	43	perfect	perfect	ADJ
cblr-2902	1445	44	credit	credit	NOUN
cblr-2902	1445	45	market	market	NOUN
cblr-2902	1445	46	.	.	PUNCT
cblr-2902	1446	1	our	our	PRON
cblr-2902	1446	2	investor	investor	NOUN
cblr-2902	1446	3	can	can	AUX
cblr-2902	1446	4	either	either	CCONJ
cblr-2902	1446	5	invest	invest	VERB
cblr-2902	1446	6	his	his	PRON
cblr-2902	1446	7	principal	principal	NOUN
cblr-2902	1446	8	(	(	PUNCT
cblr-2902	1446	9	i	i	NOUN
cblr-2902	1446	10	)	)	PUNCT
cblr-2902	1446	11	in	in	ADP
cblr-2902	1446	12	a	a	DET
cblr-2902	1446	13	one	one	NUM
cblr-2902	1446	14	-	-	PUNCT
cblr-2902	1446	15	year	year	NOUN
cblr-2902	1446	16	government	government	NOUN
cblr-2902	1446	17	bond	bond	NOUN
cblr-2902	1446	18	that	that	PRON
cblr-2902	1446	19	yields	yield	VERB
cblr-2902	1446	20	(	(	PUNCT
cblr-2902	1446	21	g	g	NOUN
cblr-2902	1446	22	)	)	PUNCT
cblr-2902	1446	23	or	or	CCONJ
cblr-2902	1446	24	in	in	ADP
cblr-2902	1446	25	a	a	DET
cblr-2902	1446	26	oneyear	oneyear	ADJ
cblr-2902	1446	27	corporate	corporate	ADJ
cblr-2902	1446	28	bond	bond	NOUN
cblr-2902	1446	29	that	that	PRON
cblr-2902	1446	30	yields	yield	VERB
cblr-2902	1446	31	(	(	PUNCT
cblr-2902	1446	32	x	x	NOUN
cblr-2902	1446	33	)	)	PUNCT
cblr-2902	1446	34	.	.	PUNCT
cblr-2902	1447	1	if	if	SCONJ
cblr-2902	1447	2	neither	neither	PRON
cblr-2902	1447	3	bond	bond	NOUN
cblr-2902	1447	4	defaults	default	NOUN
cblr-2902	1447	5	,	,	PUNCT
cblr-2902	1447	6	then	then	ADV
cblr-2902	1447	7	the	the	DET
cblr-2902	1447	8	payoff	payoff	NOUN
cblr-2902	1447	9	from	from	ADP
cblr-2902	1447	10	the	the	DET
cblr-2902	1447	11	government	government	NOUN
cblr-2902	1447	12	bond	bond	NOUN
cblr-2902	1447	13	in	in	ADP
cblr-2902	1447	14	one	one	NUM
cblr-2902	1447	15	year	year	NOUN
cblr-2902	1447	16	will	will	AUX
cblr-2902	1447	17	be	be	AUX
cblr-2902	1447	18	(	(	PUNCT
cblr-2902	1447	19	i	i	NOUN
cblr-2902	1447	20	)	)	PUNCT
cblr-2902	1447	21	*	*	PUNCT
cblr-2902	1448	1	(	(	PUNCT
cblr-2902	1448	2	1	1	NUM
cblr-2902	1448	3	+	+	CCONJ
cblr-2902	1448	4	g	g	NOUN
cblr-2902	1448	5	)	)	PUNCT
cblr-2902	1448	6	,	,	PUNCT
cblr-2902	1448	7	while	while	SCONJ
cblr-2902	1448	8	the	the	DET
cblr-2902	1448	9	payoff	payoff	NOUN
cblr-2902	1448	10	from	from	ADP
cblr-2902	1448	11	the	the	DET
cblr-2902	1448	12	corporate	corporate	ADJ
cblr-2902	1448	13	bond	bond	NOUN
cblr-2902	1448	14	will	will	AUX
cblr-2902	1448	15	be	be	AUX
cblr-2902	1448	16	(	(	PUNCT
cblr-2902	1448	17	i	i	NOUN
cblr-2902	1448	18	)	)	PUNCT
cblr-2902	1448	19	*	*	PUNCT
cblr-2902	1449	1	(	(	PUNCT
cblr-2902	1449	2	1	1	NUM
cblr-2902	1449	3	+	+	CCONJ
cblr-2902	1449	4	x	x	NOUN
cblr-2902	1449	5	)	)	PUNCT
cblr-2902	1449	6	.	.	PUNCT
cblr-2902	1450	1	the	the	DET
cblr-2902	1450	2	investor	investor	NOUN
cblr-2902	1450	3	believes	believe	VERB
cblr-2902	1450	4	that	that	SCONJ
cblr-2902	1450	5	the	the	DET
cblr-2902	1450	6	government	government	NOUN
cblr-2902	1450	7	bond	bond	NOUN
cblr-2902	1450	8	carries	carry	VERB
cblr-2902	1450	9	zero	zero	NUM
cblr-2902	1450	10	risk	risk	NOUN
cblr-2902	1450	11	of	of	ADP
cblr-2902	1450	12	default	default	NOUN
cblr-2902	1450	13	but	but	CCONJ
cblr-2902	1450	14	that	that	SCONJ
cblr-2902	1450	15	the	the	DET
cblr-2902	1450	16	corporate	corporate	ADJ
cblr-2902	1450	17	bond	bond	NOUN
cblr-2902	1450	18	carries	carry	VERB
cblr-2902	1450	19	a	a	DET
cblr-2902	1450	20	risk	risk	NOUN
cblr-2902	1450	21	of	of	ADP
cblr-2902	1450	22	default	default	NOUN
cblr-2902	1450	23	,	,	PUNCT
cblr-2902	1450	24	(	(	PUNCT
cblr-2902	1450	25	d	d	NOUN
cblr-2902	1450	26	)	)	PUNCT
cblr-2902	1450	27	.	.	PUNCT
cblr-2902	1451	1	the	the	DET
cblr-2902	1451	2	investor	investor	NOUN
cblr-2902	1451	3	believes	believe	VERB
cblr-2902	1451	4	that	that	SCONJ
cblr-2902	1451	5	if	if	SCONJ
cblr-2902	1451	6	the	the	DET
cblr-2902	1451	7	corporate	corporate	ADJ
cblr-2902	1451	8	bond	bond	NOUN
cblr-2902	1451	9	issuer	issuer	NOUN
cblr-2902	1451	10	defaults	default	NOUN
cblr-2902	1451	11	,	,	PUNCT
cblr-2902	1451	12	his	his	PRON
cblr-2902	1451	13	loss	loss	NOUN
cblr-2902	1451	14	rate	rate	NOUN
cblr-2902	1451	15	will	will	AUX
cblr-2902	1451	16	be	be	AUX
cblr-2902	1451	17	(	(	PUNCT
cblr-2902	1451	18	l	l	NOUN
cblr-2902	1451	19	)	)	PUNCT
cblr-2902	1451	20	,	,	PUNCT
cblr-2902	1451	21	his	his	PRON
cblr-2902	1451	22	total	total	ADJ
cblr-2902	1451	23	losses	loss	NOUN
cblr-2902	1451	24	will	will	AUX
cblr-2902	1451	25	be	be	AUX
cblr-2902	1451	26	(	(	PUNCT
cblr-2902	1451	27	l	l	NOUN
cblr-2902	1451	28	)	)	PUNCT
cblr-2902	1451	29	*	*	PUNCT
cblr-2902	1452	1	(	(	PUNCT
cblr-2902	1452	2	i	i	NOUN
cblr-2902	1452	3	)	)	PUNCT
cblr-2902	1452	4	*	*	PUNCT
cblr-2902	1453	1	(	(	PUNCT
cblr-2902	1453	2	1	1	NUM
cblr-2902	1453	3	+	+	CCONJ
cblr-2902	1453	4	x	x	NOUN
cblr-2902	1453	5	)	)	PUNCT
cblr-2902	1453	6	,	,	PUNCT
cblr-2902	1453	7	and	and	CCONJ
cblr-2902	1453	8	his	his	PRON
cblr-2902	1453	9	total	total	ADJ
cblr-2902	1453	10	recovery	recovery	NOUN
cblr-2902	1453	11	will	will	AUX
cblr-2902	1453	12	be	be	AUX
cblr-2902	1453	13	(	(	PUNCT
cblr-2902	1453	14	1	1	NUM
cblr-2902	1453	15	l	l	NOUN
cblr-2902	1453	16	)	)	PUNCT
cblr-2902	1453	17	*	*	PUNCT
cblr-2902	1454	1	(	(	PUNCT
cblr-2902	1454	2	i	i	NOUN
cblr-2902	1454	3	)	)	PUNCT
cblr-2902	1454	4	*	*	PUNCT
cblr-2902	1455	1	(	(	PUNCT
cblr-2902	1455	2	1	1	NUM
cblr-2902	1455	3	+	+	CCONJ
cblr-2902	1455	4	x	x	NOUN
cblr-2902	1455	5	)	)	PUNCT
cblr-2902	1455	6	.	.	PUNCT
cblr-2902	1456	1	assume	assume	VERB
cblr-2902	1456	2	that	that	SCONJ
cblr-2902	1456	3	both	both	DET
cblr-2902	1456	4	bonds	bond	NOUN
cblr-2902	1456	5	pay	pay	VERB
cblr-2902	1456	6	at	at	ADP
cblr-2902	1456	7	the	the	DET
cblr-2902	1456	8	end	end	NOUN
cblr-2902	1456	9	of	of	ADP
cblr-2902	1456	10	the	the	DET
cblr-2902	1456	11	year	year	NOUN
cblr-2902	1456	12	,	,	PUNCT
cblr-2902	1456	13	and	and	CCONJ
cblr-2902	1456	14	that	that	SCONJ
cblr-2902	1456	15	a	a	DET
cblr-2902	1456	16	default	default	NOUN
cblr-2902	1456	17	can	can	AUX
cblr-2902	1456	18	only	only	ADV
cblr-2902	1456	19	occur	occur	VERB
cblr-2902	1456	20	at	at	ADP
cblr-2902	1456	21	the	the	DET
cblr-2902	1456	22	end	end	NOUN
cblr-2902	1456	23	of	of	ADP
cblr-2902	1456	24	the	the	DET
cblr-2902	1456	25	year	year	NOUN
cblr-2902	1456	26	.	.	PUNCT
cblr-2902	1457	1	because	because	SCONJ
cblr-2902	1457	2	we	we	PRON
cblr-2902	1457	3	are	be	AUX
cblr-2902	1457	4	assuming	assume	VERB
cblr-2902	1457	5	idealized	idealized	ADJ
cblr-2902	1457	6	market	market	NOUN
cblr-2902	1457	7	conditions	condition	NOUN
cblr-2902	1457	8	,	,	PUNCT
cblr-2902	1457	9	competition	competition	NOUN
cblr-2902	1457	10	between	between	ADP
cblr-2902	1457	11	the	the	DET
cblr-2902	1457	12	government	government	NOUN
cblr-2902	1457	13	and	and	CCONJ
cblr-2902	1457	14	corporate	corporate	ADJ
cblr-2902	1457	15	issuersor	issuersor	NOUN
cblr-2902	1457	16	simply	simply	ADV
cblr-2902	1457	17	between	between	ADP
cblr-2902	1457	18	different	different	ADJ
cblr-2902	1457	19	corporate	corporate	ADJ
cblr-2902	1457	20	issuers	issuer	NOUN
cblr-2902	1457	21	-	-	PUNCT
cblr-2902	1457	22	will	will	AUX
cblr-2902	1457	23	lead	lead	VERB
cblr-2902	1457	24	prices	price	NOUN
cblr-2902	1457	25	and	and	CCONJ
cblr-2902	1457	26	yields	yield	NOUN
cblr-2902	1457	27	to	to	PART
cblr-2902	1457	28	adjust	adjust	VERB
cblr-2902	1457	29	until	until	SCONJ
cblr-2902	1457	30	rational	rational	ADJ
cblr-2902	1457	31	risk	risk	NOUN
cblr-2902	1457	32	-	-	PUNCT
cblr-2902	1457	33	neutral	neutral	ADJ
cblr-2902	1457	34	investors	investor	NOUN
cblr-2902	1457	35	perceive	perceive	VERB
cblr-2902	1457	36	the	the	DET
cblr-2902	1457	37	payoff	payoff	NOUN
cblr-2902	1457	38	of	of	ADP
cblr-2902	1457	39	both	both	DET
cblr-2902	1457	40	investments	investment	NOUN
cblr-2902	1457	41	to	to	PART
cblr-2902	1457	42	be	be	AUX
cblr-2902	1457	43	equal	equal	ADJ
cblr-2902	1457	44	.	.	PUNCT
cblr-2902	1458	1	our	our	PRON
cblr-2902	1458	2	investor	investor	NOUN
cblr-2902	1458	3	believes	believe	VERB
cblr-2902	1458	4	there	there	PRON
cblr-2902	1458	5	is	be	VERB
cblr-2902	1458	6	only	only	ADV
cblr-2902	1458	7	one	one	NUM
cblr-2902	1458	8	possible	possible	ADJ
cblr-2902	1458	9	outcome	outcome	NOUN
cblr-2902	1458	10	for	for	ADP
cblr-2902	1458	11	investment	investment	NOUN
cblr-2902	1458	12	in	in	ADP
cblr-2902	1458	13	the	the	DET
cblr-2902	1458	14	government	government	NOUN
cblr-2902	1458	15	bond	bond	NOUN
cblr-2902	1458	16	.	.	PUNCT
cblr-2902	1459	1	he	he	PRON
cblr-2902	1459	2	expects	expect	VERB
cblr-2902	1459	3	the	the	DET
cblr-2902	1459	4	future	future	ADJ
cblr-2902	1459	5	value	value	NOUN
cblr-2902	1459	6	of	of	ADP
cblr-2902	1459	7	the	the	DET
cblr-2902	1459	8	government	government	NOUN
cblr-2902	1459	9	bond	bond	NOUN
cblr-2902	1459	10	to	to	PART
cblr-2902	1459	11	be	be	AUX
cblr-2902	1459	12	his	his	PRON
cblr-2902	1459	13	principal	principal	ADJ
cblr-2902	1459	14	investment	investment	NOUN
cblr-2902	1459	15	(	(	PUNCT
cblr-2902	1459	16	i	i	NOUN
cblr-2902	1459	17	)	)	PUNCT
cblr-2902	1459	18	plus	plus	CCONJ
cblr-2902	1459	19	interest	interest	NOUN
cblr-2902	1459	20	(	(	PUNCT
cblr-2902	1459	21	g	g	NOUN
cblr-2902	1459	22	)	)	PUNCT
cblr-2902	1459	23	*	*	PUNCT
cblr-2902	1460	1	(	(	PUNCT
cblr-2902	1460	2	i	i	NOUN
cblr-2902	1460	3	)	)	PUNCT
cblr-2902	1460	4	,	,	PUNCT
cblr-2902	1460	5	for	for	ADP
cblr-2902	1460	6	a	a	DET
cblr-2902	1460	7	payoff	payoff	NOUN
cblr-2902	1460	8	of	of	ADP
cblr-2902	1460	9	(	(	PUNCT
cblr-2902	1460	10	i	i	NOUN
cblr-2902	1460	11	)	)	PUNCT
cblr-2902	1460	12	*	*	PUNCT
cblr-2902	1461	1	(	(	PUNCT
cblr-2902	1461	2	1	1	NUM
cblr-2902	1461	3	+	+	CCONJ
cblr-2902	1461	4	g	g	NOUN
cblr-2902	1461	5	)	)	PUNCT
cblr-2902	1461	6	.	.	PUNCT
cblr-2902	1462	1	by	by	ADP
cblr-2902	1462	2	contrast	contrast	NOUN
cblr-2902	1462	3	,	,	PUNCT
cblr-2902	1462	4	the	the	DET
cblr-2902	1462	5	investor	investor	NOUN
cblr-2902	1462	6	expects	expect	VERB
cblr-2902	1462	7	two	two	NUM
cblr-2902	1462	8	possible	possible	ADJ
cblr-2902	1462	9	outcomes	outcome	NOUN
cblr-2902	1462	10	for	for	ADP
cblr-2902	1462	11	the	the	DET
cblr-2902	1462	12	investment	investment	NOUN
cblr-2902	1462	13	in	in	ADP
cblr-2902	1462	14	the	the	DET
cblr-2902	1462	15	corporate	corporate	ADJ
cblr-2902	1462	16	bond	bond	NOUN
cblr-2902	1462	17	.	.	PUNCT
cblr-2902	1463	1	there	there	PRON
cblr-2902	1463	2	is	be	VERB
cblr-2902	1463	3	a	a	DET
cblr-2902	1463	4	probability	probability	NOUN
cblr-2902	1463	5	of	of	ADP
cblr-2902	1463	6	no	no	DET
cblr-2902	1463	7	default	default	NOUN
cblr-2902	1463	8	(	(	PUNCT
cblr-2902	1463	9	1	1	NUM
cblr-2902	1463	10	d	d	NOUN
cblr-2902	1463	11	)	)	PUNCT
cblr-2902	1463	12	,	,	PUNCT
cblr-2902	1463	13	in	in	ADP
cblr-2902	1463	14	which	which	DET
cblr-2902	1463	15	case	case	NOUN
cblr-2902	1463	16	his	his	PRON
cblr-2902	1463	17	payoff	payoff	NOUN
cblr-2902	1463	18	will	will	AUX
cblr-2902	1463	19	be	be	AUX
cblr-2902	1463	20	his	his	PRON
cblr-2902	1463	21	principal	principal	ADJ
cblr-2902	1463	22	investment	investment	NOUN
cblr-2902	1463	23	(	(	PUNCT
cblr-2902	1463	24	i	i	NOUN
cblr-2902	1463	25	)	)	PUNCT
cblr-2902	1463	26	plus	plus	CCONJ
cblr-2902	1463	27	interest	interest	NOUN
cblr-2902	1463	28	(	(	PUNCT
cblr-2902	1463	29	i	i	NOUN
cblr-2902	1463	30	)	)	PUNCT
cblr-2902	1463	31	*	*	PUNCT
cblr-2902	1464	1	(	(	PUNCT
cblr-2902	1464	2	x	x	NOUN
cblr-2902	1464	3	)	)	PUNCT
cblr-2902	1464	4	,	,	PUNCT
cblr-2902	1464	5	for	for	ADP
cblr-2902	1464	6	a	a	DET
cblr-2902	1464	7	payoff	payoff	NOUN
cblr-2902	1464	8	of	of	ADP
cblr-2902	1464	9	(	(	PUNCT
cblr-2902	1464	10	i	i	NOUN
cblr-2902	1464	11	)	)	PUNCT
cblr-2902	1464	12	*	*	PUNCT
cblr-2902	1465	1	(	(	PUNCT
cblr-2902	1465	2	1	1	NUM
cblr-2902	1465	3	+	+	CCONJ
cblr-2902	1465	4	x	x	NOUN
cblr-2902	1465	5	)	)	PUNCT
cblr-2902	1465	6	.	.	PUNCT
cblr-2902	1466	1	the	the	DET
cblr-2902	1466	2	expected	expect	VERB
cblr-2902	1466	3	value	value	NOUN
cblr-2902	1466	4	of	of	ADP
cblr-2902	1466	5	this	this	DET
cblr-2902	1466	6	payoff	payoff	NOUN
cblr-2902	1466	7	is	be	AUX
cblr-2902	1466	8	its	its	PRON
cblr-2902	1466	9	probability	probability	NOUN
cblr-2902	1466	10	times	time	NOUN
cblr-2902	1466	11	its	its	PRON
cblr-2902	1466	12	magnitude	magnitude	NOUN
cblr-2902	1466	13	,	,	PUNCT
cblr-2902	1466	14	or	or	CCONJ
cblr-2902	1466	15	(	(	PUNCT
cblr-2902	1466	16	1	1	NUM
cblr-2902	1466	17	d	d	NOUN
cblr-2902	1466	18	)	)	PUNCT
cblr-2902	1466	19	*	*	PUNCT
cblr-2902	1467	1	(	(	PUNCT
cblr-2902	1467	2	i	i	NOUN
cblr-2902	1467	3	)	)	PUNCT
cblr-2902	1467	4	*	*	PUNCT
cblr-2902	1468	1	(	(	PUNCT
cblr-2902	1468	2	1	1	NUM
cblr-2902	1468	3	+	+	CCONJ
cblr-2902	1468	4	x	x	NOUN
cblr-2902	1468	5	)	)	PUNCT
cblr-2902	1468	6	.	.	PUNCT
cblr-2902	1469	1	there	there	PRON
cblr-2902	1469	2	is	be	VERB
cblr-2902	1469	3	also	also	ADV
cblr-2902	1469	4	a	a	DET
cblr-2902	1469	5	probability	probability	NOUN
cblr-2902	1469	6	of	of	ADP
cblr-2902	1469	7	default	default	NOUN
cblr-2902	1469	8	(	(	PUNCT
cblr-2902	1469	9	d	d	NOUN
cblr-2902	1469	10	)	)	PUNCT
cblr-2902	1469	11	,	,	PUNCT
cblr-2902	1469	12	in	in	ADP
cblr-2902	1469	13	which	which	DET
cblr-2902	1469	14	case	case	NOUN
cblr-2902	1469	15	his	his	PRON
cblr-2902	1469	16	payoff	payoff	NOUN
cblr-2902	1469	17	will	will	AUX
cblr-2902	1469	18	be	be	AUX
cblr-2902	1469	19	his	his	PRON
cblr-2902	1469	20	recovery	recovery	NOUN
cblr-2902	1469	21	rate	rate	NOUN
cblr-2902	1469	22	(	(	PUNCT
cblr-2902	1469	23	1	1	NUM
cblr-2902	1469	24	l	l	NOUN
cblr-2902	1469	25	)	)	PUNCT
cblr-2902	1469	26	times	time	NOUN
cblr-2902	1469	27	his	his	PRON
cblr-2902	1469	28	expected	expect	VERB
cblr-2902	1469	29	payoff	payoff	NOUN
cblr-2902	1469	30	under	under	ADP
cblr-2902	1469	31	the	the	DET
cblr-2902	1469	32	no	no	DET
cblr-2902	1469	33	-	-	PUNCT
cblr-2902	1469	34	default	default	NOUN
cblr-2902	1469	35	condition	condition	NOUN
cblr-2902	1469	36	,	,	PUNCT
cblr-2902	1469	37	for	for	ADP
cblr-2902	1469	38	a	a	DET
cblr-2902	1469	39	total	total	ADJ
cblr-2902	1469	40	payoff	payoff	NOUN
cblr-2902	1469	41	of	of	ADP
cblr-2902	1469	42	(	(	PUNCT
cblr-2902	1469	43	1	1	NUM
cblr-2902	1469	44	no	no	NOUN
cblr-2902	1469	45	.	.	PUNCT
cblr-2902	1470	1	1:118	1:118	NUM
cblr-2902	1470	2	]	]	SYM
cblr-2902	1470	3	219	219	NUM
cblr-2902	1470	4	columbia	columbia	PROPN
cblr-2902	1470	5	business	business	NOUN
cblr-2902	1470	6	law	law	PROPN
cblr-2902	1470	7	review	review	NOUN
cblr-2902	1470	8	l	l	NOUN
cblr-2902	1470	9	)	)	PUNCT
cblr-2902	1470	10	*	*	PUNCT
cblr-2902	1471	1	(	(	PUNCT
cblr-2902	1471	2	i	i	NOUN
cblr-2902	1471	3	)	)	PUNCT
cblr-2902	1471	4	*	*	PUNCT
cblr-2902	1472	1	(	(	PUNCT
cblr-2902	1472	2	1	1	NUM
cblr-2902	1472	3	+	+	CCONJ
cblr-2902	1472	4	x	x	NOUN
cblr-2902	1472	5	)	)	PUNCT
cblr-2902	1472	6	.	.	PUNCT
cblr-2902	1473	1	the	the	DET
cblr-2902	1473	2	expected	expect	VERB
cblr-2902	1473	3	value	value	NOUN
cblr-2902	1473	4	of	of	ADP
cblr-2902	1473	5	the	the	DET
cblr-2902	1473	6	payoff	payoff	NOUN
cblr-2902	1473	7	under	under	ADP
cblr-2902	1473	8	the	the	DET
cblr-2902	1473	9	no	no	DET
cblr-2902	1473	10	default	default	NOUN
cblr-2902	1473	11	condition	condition	NOUN
cblr-2902	1473	12	is	be	AUX
cblr-2902	1473	13	(	(	PUNCT
cblr-2902	1473	14	d	d	NOUN
cblr-2902	1473	15	)	)	PUNCT
cblr-2902	1473	16	*	*	PUNCT
cblr-2902	1474	1	(	(	PUNCT
cblr-2902	1474	2	1	1	NUM
cblr-2902	1474	3	l	l	NOUN
cblr-2902	1474	4	)	)	PUNCT
cblr-2902	1474	5	*	*	PUNCT
cblr-2902	1475	1	(	(	PUNCT
cblr-2902	1475	2	1	1	NUM
cblr-2902	1475	3	+	+	CCONJ
cblr-2902	1475	4	x	x	X
cblr-2902	1475	5	)	)	PUNCT
cblr-2902	1475	6	*	*	PUNCT
cblr-2902	1476	1	(	(	PUNCT
cblr-2902	1476	2	i	i	NOUN
cblr-2902	1476	3	)	)	PUNCT
cblr-2902	1476	4	.	.	PUNCT
cblr-2902	1477	1	the	the	DET
cblr-2902	1477	2	expected	expect	VERB
cblr-2902	1477	3	value	value	NOUN
cblr-2902	1477	4	of	of	ADP
cblr-2902	1477	5	the	the	DET
cblr-2902	1477	6	corporate	corporate	ADJ
cblr-2902	1477	7	bond	bond	NOUN
cblr-2902	1477	8	investment	investment	NOUN
cblr-2902	1477	9	is	be	AUX
cblr-2902	1477	10	the	the	DET
cblr-2902	1477	11	sum	sum	NOUN
cblr-2902	1477	12	of	of	ADP
cblr-2902	1477	13	the	the	DET
cblr-2902	1477	14	expected	expect	VERB
cblr-2902	1477	15	values	value	NOUN
cblr-2902	1477	16	of	of	ADP
cblr-2902	1477	17	the	the	DET
cblr-2902	1477	18	default	default	NOUN
cblr-2902	1477	19	condition	condition	NOUN
cblr-2902	1477	20	and	and	CCONJ
cblr-2902	1477	21	no	no	DET
cblr-2902	1477	22	-	-	PUNCT
cblr-2902	1477	23	default	default	NOUN
cblr-2902	1477	24	condition	condition	NOUN
cblr-2902	1477	25	,	,	PUNCT
cblr-2902	1477	26	which	which	PRON
cblr-2902	1477	27	is	be	AUX
cblr-2902	1477	28	:	:	PUNCT
cblr-2902	1477	29	(	(	PUNCT
cblr-2902	1477	30	1	1	NUM
cblr-2902	1477	31	d	d	NOUN
cblr-2902	1477	32	)	)	PUNCT
cblr-2902	1477	33	*	*	PUNCT
cblr-2902	1478	1	(	(	PUNCT
cblr-2902	1478	2	1	1	NUM
cblr-2902	1478	3	+	+	CCONJ
cblr-2902	1478	4	x	x	X
cblr-2902	1478	5	)	)	PUNCT
cblr-2902	1478	6	*	*	PUNCT
cblr-2902	1479	1	(	(	PUNCT
cblr-2902	1479	2	i	i	NOUN
cblr-2902	1479	3	)	)	PUNCT
cblr-2902	1480	1	+	+	CCONJ
cblr-2902	1480	2	(	(	PUNCT
cblr-2902	1480	3	d	d	X
cblr-2902	1480	4	)	)	PUNCT
cblr-2902	1480	5	*	*	PUNCT
cblr-2902	1480	6	(	(	PUNCT
cblr-2902	1480	7	1	1	NUM
cblr-2902	1480	8	l	l	NOUN
cblr-2902	1480	9	)	)	PUNCT
cblr-2902	1480	10	*	*	PUNCT
cblr-2902	1481	1	(	(	PUNCT
cblr-2902	1481	2	1	1	NUM
cblr-2902	1481	3	+	+	CCONJ
cblr-2902	1481	4	x	x	X
cblr-2902	1481	5	)	)	PUNCT
cblr-2902	1481	6	*	*	PUNCT
cblr-2902	1482	1	(	(	PUNCT
cblr-2902	1482	2	i	i	NOUN
cblr-2902	1482	3	)	)	PUNCT
cblr-2902	1482	4	the	the	DET
cblr-2902	1482	5	expected	expect	VERB
cblr-2902	1482	6	value	value	NOUN
cblr-2902	1482	7	of	of	ADP
cblr-2902	1482	8	the	the	DET
cblr-2902	1482	9	corporate	corporate	ADJ
cblr-2902	1482	10	bond	bond	NOUN
cblr-2902	1482	11	investment	investment	NOUN
cblr-2902	1482	12	can	can	AUX
cblr-2902	1482	13	be	be	AUX
cblr-2902	1482	14	rewritten	rewrite	VERB
cblr-2902	1482	15	as	as	ADP
cblr-2902	1482	16	:	:	PUNCT
cblr-2902	1482	17	(	(	PUNCT
cblr-2902	1482	18	i	i	NOUN
cblr-2902	1482	19	)	)	PUNCT
cblr-2902	1482	20	*	*	PUNCT
cblr-2902	1483	1	(	(	PUNCT
cblr-2902	1483	2	1	1	NUM
cblr-2902	1483	3	+	+	CCONJ
cblr-2902	1483	4	x	x	X
cblr-2902	1483	5	)	)	PUNCT
cblr-2902	1483	6	*	*	PUNCT
cblr-2902	1484	1	[	[	X
cblr-2902	1484	2	(	(	PUNCT
cblr-2902	1484	3	1	1	NUM
cblr-2902	1484	4	d	d	NOUN
cblr-2902	1484	5	)	)	PUNCT
cblr-2902	1484	6	+	+	CCONJ
cblr-2902	1484	7	(	(	PUNCT
cblr-2902	1484	8	d	d	X
cblr-2902	1484	9	)	)	PUNCT
cblr-2902	1484	10	*	*	PUNCT
cblr-2902	1484	11	(	(	PUNCT
cblr-2902	1484	12	1	1	NUM
cblr-2902	1484	13	l	l	NOUN
cblr-2902	1484	14	)	)	PUNCT
cblr-2902	1484	15	]	]	PUNCT
cblr-2902	1485	1	=	=	PUNCT
cblr-2902	1485	2	(	(	PUNCT
cblr-2902	1485	3	i	i	NOUN
cblr-2902	1485	4	)	)	PUNCT
cblr-2902	1485	5	*	*	PUNCT
cblr-2902	1486	1	(	(	PUNCT
cblr-2902	1486	2	1	1	NUM
cblr-2902	1486	3	+	+	CCONJ
cblr-2902	1486	4	x	x	X
cblr-2902	1486	5	)	)	PUNCT
cblr-2902	1486	6	*	*	PUNCT
cblr-2902	1487	1	[	[	X
cblr-2902	1487	2	(	(	PUNCT
cblr-2902	1487	3	1	1	NUM
cblr-2902	1487	4	d	d	NOUN
cblr-2902	1487	5	+	+	X
cblr-2902	1487	6	d	d	X
cblr-2902	1487	7	(	(	PUNCT
cblr-2902	1487	8	d	d	X
cblr-2902	1487	9	*	*	PUNCT
cblr-2902	1487	10	l	l	NOUN
cblr-2902	1487	11	)	)	PUNCT
cblr-2902	1487	12	]	]	PUNCT
cblr-2902	1488	1	=	=	PUNCT
cblr-2902	1488	2	(	(	PUNCT
cblr-2902	1488	3	i	i	NOUN
cblr-2902	1488	4	)	)	PUNCT
cblr-2902	1488	5	*	*	PUNCT
cblr-2902	1489	1	(	(	PUNCT
cblr-2902	1489	2	1	1	NUM
cblr-2902	1489	3	+	+	CCONJ
cblr-2902	1489	4	x	x	X
cblr-2902	1489	5	)	)	PUNCT
cblr-2902	1489	6	*	*	PUNCT
cblr-2902	1490	1	(	(	PUNCT
cblr-2902	1490	2	1	1	NUM
cblr-2902	1490	3	d	d	PROPN
cblr-2902	1490	4	*	*	PUNCT
cblr-2902	1490	5	l	l	NOUN
cblr-2902	1490	6	)	)	PUNCT
cblr-2902	1490	7	.	.	PUNCT
cblr-2902	1491	1	when	when	SCONJ
cblr-2902	1491	2	we	we	PRON
cblr-2902	1491	3	set	set	VERB
cblr-2902	1491	4	the	the	DET
cblr-2902	1491	5	corporate	corporate	ADJ
cblr-2902	1491	6	and	and	CCONJ
cblr-2902	1491	7	government	government	NOUN
cblr-2902	1491	8	bond	bond	NOUN
cblr-2902	1491	9	expected	expect	VERB
cblr-2902	1491	10	values	value	NOUN
cblr-2902	1491	11	equal	equal	ADJ
cblr-2902	1491	12	to	to	ADP
cblr-2902	1491	13	one	one	NUM
cblr-2902	1491	14	another	another	DET
cblr-2902	1491	15	,	,	PUNCT
cblr-2902	1491	16	we	we	PRON
cblr-2902	1491	17	get	get	VERB
cblr-2902	1491	18	:	:	PUNCT
cblr-2902	1491	19	(	(	PUNCT
cblr-2902	1491	20	1)*(1	1)*(1	NUM
cblr-2902	1491	21	+	+	CCONJ
cblr-2902	1491	22	g	g	NOUN
cblr-2902	1491	23	)	)	PUNCT
cblr-2902	1491	24	=	=	SYM
cblr-2902	1491	25	(	(	PUNCT
cblr-2902	1491	26	)	)	PUNCT
cblr-2902	1491	27	*	*	PUNCT
cblr-2902	1491	28	(	(	PUNCT
cblr-2902	1491	29	1	1	NUM
cblr-2902	1491	30	+	+	CCONJ
cblr-2902	1491	31	x)*(1	x)*(1	PROPN
cblr-2902	1491	32	d	d	PROPN
cblr-2902	1491	33	*	*	PUNCT
cblr-2902	1491	34	l	l	NOUN
cblr-2902	1491	35	)	)	PUNCT
cblr-2902	1491	36	=	=	SYM
cblr-2902	1492	1	(	(	PUNCT
cblr-2902	1492	2	1	1	NUM
cblr-2902	1492	3	+	+	NUM
cblr-2902	1492	4	g)/(1	g)/(1	NUM
cblr-2902	1492	5	+	+	NUM
cblr-2902	1492	6	x	x	X
cblr-2902	1492	7	)	)	PUNCT
cblr-2902	1492	8	=	=	SYM
cblr-2902	1493	1	1	1	NUM
cblr-2902	1493	2	d	d	X
cblr-2902	1493	3	*	*	PUNCT
cblr-2902	1493	4	l	l	NOUN
cblr-2902	1493	5	=	=	SYM
cblr-2902	1493	6	1	1	NUM
cblr-2902	1493	7	(	(	PUNCT
cblr-2902	1493	8	1	1	NUM
cblr-2902	1493	9	+	+	CCONJ
cblr-2902	1493	10	g	g	NOUN
cblr-2902	1493	11	)	)	PUNCT
cblr-2902	1493	12	/	/	PUNCT
cblr-2902	1493	13	(	(	PUNCT
cblr-2902	1493	14	1	1	NUM
cblr-2902	1493	15	+	+	CCONJ
cblr-2902	1493	16	x	x	X
cblr-2902	1493	17	)	)	PUNCT
cblr-2902	1493	18	=	=	SYM
cblr-2902	1494	1	d*l	d*l	NOUN
cblr-2902	1494	2	solving	solving	NOUN
cblr-2902	1494	3	for	for	ADP
cblr-2902	1494	4	the	the	DET
cblr-2902	1494	5	perceived	perceive	VERB
cblr-2902	1494	6	probability	probability	NOUN
cblr-2902	1494	7	of	of	ADP
cblr-2902	1494	8	default	default	NOUN
cblr-2902	1494	9	in	in	ADP
cblr-2902	1494	10	year	year	NOUN
cblr-2902	1494	11	1	1	NUM
cblr-2902	1494	12	(	(	PUNCT
cblr-2902	1494	13	d	d	NOUN
cblr-2902	1494	14	)	)	PUNCT
cblr-2902	1494	15	,	,	PUNCT
cblr-2902	1494	16	we	we	PRON
cblr-2902	1494	17	get	get	VERB
cblr-2902	1494	18	:	:	PUNCT
cblr-2902	1494	19	d	d	X
cblr-2902	1494	20	=	=	SYM
cblr-2902	1494	21	(	(	PUNCT
cblr-2902	1494	22	1	1	NUM
cblr-2902	1494	23	/	/	SYM
cblr-2902	1494	24	l)*(1(1	l)*(1(1	NOUN
cblr-2902	1494	25	+	+	X
cblr-2902	1494	26	g)/(1	g)/(1	NUM
cblr-2902	1494	27	+	+	NUM
cblr-2902	1494	28	x	x	X
cblr-2902	1494	29	)	)	PUNCT
cblr-2902	1494	30	)	)	PUNCT
cblr-2902	1494	31	which	which	PRON
cblr-2902	1494	32	is	be	AUX
cblr-2902	1494	33	equation	equation	NOUN
cblr-2902	1494	34	3	3	NUM
cblr-2902	1494	35	.	.	PUNCT
cblr-2902	1495	1	this	this	DET
cblr-2902	1495	2	equation	equation	NOUN
cblr-2902	1495	3	can	can	AUX
cblr-2902	1495	4	also	also	ADV
cblr-2902	1495	5	be	be	AUX
cblr-2902	1495	6	rewritten	rewrite	VERB
cblr-2902	1495	7	to	to	PART
cblr-2902	1495	8	solve	solve	VERB
cblr-2902	1495	9	for	for	ADP
cblr-2902	1495	10	expected	expect	VERB
cblr-2902	1495	11	loss	loss	NOUN
cblr-2902	1495	12	rate	rate	NOUN
cblr-2902	1495	13	given	give	VERB
cblr-2902	1495	14	default	default	NOUN
cblr-2902	1495	15	,	,	PUNCT
cblr-2902	1495	16	corporate	corporate	ADJ
cblr-2902	1495	17	bond	bond	NOUN
cblr-2902	1495	18	yield	yield	NOUN
cblr-2902	1495	19	,	,	PUNCT
cblr-2902	1495	20	or	or	CCONJ
cblr-2902	1495	21	risk	risk	NOUN
cblr-2902	1495	22	-	-	PUNCT
cblr-2902	1495	23	free	free	ADJ
cblr-2902	1495	24	rate	rate	NOUN
cblr-2902	1495	25	:	:	PUNCT
cblr-2902	1495	26	l	l	NOUN
cblr-2902	1495	27	=(	=(	NOUN
cblr-2902	1495	28	1	1	NUM
cblr-2902	1495	29	/	/	SYM
cblr-2902	1495	30	d)*(1(1	d)*(1(1	NOUN
cblr-2902	1495	31	+	+	CCONJ
cblr-2902	1495	32	g)/(1	g)/(1	NUM
cblr-2902	1495	33	+	+	NUM
cblr-2902	1495	34	x	x	NOUN
cblr-2902	1495	35	)	)	PUNCT
cblr-2902	1495	36	)	)	PUNCT
cblr-2902	1496	1	x	x	X
cblr-2902	1496	2	(	(	PUNCT
cblr-2902	1496	3	1	1	NUM
cblr-2902	1496	4	+	+	CCONJ
cblr-2902	1496	5	g)/(1	g)/(1	NUM
cblr-2902	1496	6	d*l	d*l	NOUN
cblr-2902	1496	7	)	)	PUNCT
cblr-2902	1496	8	-1	-1	ADP
cblr-2902	1497	1	g	g	PROPN
cblr-2902	1497	2	=(	=(	NOUN
cblr-2902	1497	3	1	1	NUM
cblr-2902	1497	4	+	+	SYM
cblr-2902	1497	5	x)(1	x)(1	X
cblr-2902	1497	6	d*l	d*l	NOUN
cblr-2902	1497	7	)	)	PUNCT
cblr-2902	1497	8	1	1	NUM
cblr-2902	1497	9	the	the	DET
cblr-2902	1497	10	following	follow	VERB
cblr-2902	1497	11	is	be	AUX
cblr-2902	1497	12	an	an	DET
cblr-2902	1497	13	example	example	NOUN
cblr-2902	1497	14	of	of	ADP
cblr-2902	1497	15	the	the	DET
cblr-2902	1497	16	rough	rough	ADJ
cblr-2902	1497	17	precision	precision	NOUN
cblr-2902	1497	18	of	of	ADP
cblr-2902	1497	19	equation	equation	NOUN
cblr-2902	1497	20	2	2	NUM
cblr-2902	1497	21	compared	compare	VERB
cblr-2902	1497	22	to	to	ADP
cblr-2902	1497	23	the	the	DET
cblr-2902	1497	24	more	more	ADV
cblr-2902	1497	25	precise	precise	ADJ
cblr-2902	1497	26	,	,	PUNCT
cblr-2902	1497	27	but	but	CCONJ
cblr-2902	1497	28	more	more	ADV
cblr-2902	1497	29	complex	complex	ADJ
cblr-2902	1497	30	,	,	PUNCT
cblr-2902	1497	31	equation	equation	NOUN
cblr-2902	1497	32	3	3	NUM
cblr-2902	1497	33	.	.	PUNCT
cblr-2902	1498	1	a	a	DET
cblr-2902	1498	2	rational	rational	ADJ
cblr-2902	1498	3	,	,	PUNCT
cblr-2902	1498	4	risk	risk	NOUN
cblr-2902	1498	5	-	-	PUNCT
cblr-2902	1498	6	neutral	neutral	ADJ
cblr-2902	1498	7	investor	investor	NOUN
cblr-2902	1498	8	has	have	VERB
cblr-2902	1498	9	$	$	SYM
cblr-2902	1498	10	100	100	NUM
cblr-2902	1498	11	that	that	PRON
cblr-2902	1498	12	he	he	PRON
cblr-2902	1498	13	can	can	AUX
cblr-2902	1498	14	invest	invest	VERB
cblr-2902	1498	15	in	in	ADP
cblr-2902	1498	16	either	either	CCONJ
cblr-2902	1498	17	a	a	DET
cblr-2902	1498	18	one	one	NUM
cblr-2902	1498	19	-	-	PUNCT
cblr-2902	1498	20	year	year	NOUN
cblr-2902	1498	21	corporate	corporate	ADJ
cblr-2902	1498	22	bond	bond	NOUN
cblr-2902	1498	23	or	or	CCONJ
cblr-2902	1498	24	in	in	ADP
cblr-2902	1498	25	a	a	DET
cblr-2902	1498	26	one	one	NUM
cblr-2902	1498	27	-	-	PUNCT
cblr-2902	1498	28	year	year	NOUN
cblr-2902	1498	29	government	government	NOUN
cblr-2902	1498	30	bond	bond	NOUN
cblr-2902	1498	31	that	that	PRON
cblr-2902	1498	32	yields	yield	VERB
cblr-2902	1498	33	3	3	NUM
cblr-2902	1498	34	%	%	NOUN
cblr-2902	1498	35	.	.	PUNCT
cblr-2902	1499	1	the	the	DET
cblr-2902	1499	2	investor	investor	NOUN
cblr-2902	1499	3	believes	believe	VERB
cblr-2902	1499	4	that	that	SCONJ
cblr-2902	1499	5	the	the	DET
cblr-2902	1499	6	government	government	NOUN
cblr-2902	1499	7	bond	bond	NOUN
cblr-2902	1499	8	carries	carry	VERB
cblr-2902	1499	9	zero	zero	NUM
cblr-2902	1499	10	risk	risk	NOUN
cblr-2902	1499	11	of	of	ADP
cblr-2902	1499	12	default	default	NOUN
cblr-2902	1499	13	but	but	CCONJ
cblr-2902	1499	14	that	that	SCONJ
cblr-2902	1499	15	the	the	DET
cblr-2902	1499	16	corporate	corporate	ADJ
cblr-2902	1499	17	bond	bond	NOUN
cblr-2902	1499	18	carries	carry	VERB
cblr-2902	1499	19	a	a	DET
cblr-2902	1499	20	6	6	NUM
cblr-2902	1499	21	%	%	NOUN
cblr-2902	1499	22	risk	risk	NOUN
cblr-2902	1499	23	of	of	ADP
cblr-2902	1499	24	default	default	NOUN
cblr-2902	1499	25	.	.	PUNCT
cblr-2902	1500	1	the	the	DET
cblr-2902	1500	2	investor	investor	NOUN
cblr-2902	1500	3	220	220	NUM
cblr-2902	1501	1	[	[	X
cblr-2902	1501	2	vol	vol	NOUN
cblr-2902	1501	3	.	.	PUNCT
cblr-2902	1501	4	2011	2011	NUM
cblr-2902	1501	5	believes	believe	VERB
cblr-2902	1501	6	that	that	SCONJ
cblr-2902	1501	7	if	if	SCONJ
cblr-2902	1501	8	the	the	DET
cblr-2902	1501	9	corporate	corporate	ADJ
cblr-2902	1501	10	bond	bond	NOUN
cblr-2902	1501	11	issuer	issuer	NOUN
cblr-2902	1501	12	defaults	default	NOUN
cblr-2902	1501	13	,	,	PUNCT
cblr-2902	1501	14	he	he	PRON
cblr-2902	1501	15	will	will	AUX
cblr-2902	1501	16	likely	likely	ADV
cblr-2902	1501	17	lose	lose	VERB
cblr-2902	1501	18	50	50	NUM
cblr-2902	1501	19	%	%	NOUN
cblr-2902	1501	20	of	of	ADP
cblr-2902	1501	21	his	his	PRON
cblr-2902	1501	22	money	money	NOUN
cblr-2902	1501	23	.	.	PUNCT
cblr-2902	1502	1	the	the	DET
cblr-2902	1502	2	investor	investor	NOUN
cblr-2902	1502	3	believes	believe	VERB
cblr-2902	1502	4	there	there	PRON
cblr-2902	1502	5	is	be	VERB
cblr-2902	1502	6	only	only	ADV
cblr-2902	1502	7	one	one	NUM
cblr-2902	1502	8	possible	possible	ADJ
cblr-2902	1502	9	outcome	outcome	NOUN
cblr-2902	1502	10	for	for	ADP
cblr-2902	1502	11	investment	investment	NOUN
cblr-2902	1502	12	in	in	ADP
cblr-2902	1502	13	the	the	DET
cblr-2902	1502	14	government	government	NOUN
cblr-2902	1502	15	bond	bond	NOUN
cblr-2902	1502	16	.	.	PUNCT
cblr-2902	1503	1	he	he	PRON
cblr-2902	1503	2	expects	expect	VERB
cblr-2902	1503	3	the	the	DET
cblr-2902	1503	4	future	future	ADJ
cblr-2902	1503	5	value	value	NOUN
cblr-2902	1503	6	of	of	ADP
cblr-2902	1503	7	the	the	DET
cblr-2902	1503	8	government	government	NOUN
cblr-2902	1503	9	bond	bond	NOUN
cblr-2902	1503	10	to	to	PART
cblr-2902	1503	11	be	be	AUX
cblr-2902	1503	12	his	his	PRON
cblr-2902	1503	13	principal	principal	ADJ
cblr-2902	1503	14	investment	investment	NOUN
cblr-2902	1503	15	plus	plus	CCONJ
cblr-2902	1503	16	3	3	NUM
cblr-2902	1503	17	%	%	NOUN
cblr-2902	1503	18	interest	interest	NOUN
cblr-2902	1503	19	,	,	PUNCT
cblr-2902	1503	20	or	or	CCONJ
cblr-2902	1503	21	$	$	SYM
cblr-2902	1503	22	103	103	NUM
cblr-2902	1503	23	.	.	PUNCT
cblr-2902	1504	1	by	by	ADP
cblr-2902	1504	2	contrast	contrast	NOUN
cblr-2902	1504	3	,	,	PUNCT
cblr-2902	1504	4	the	the	DET
cblr-2902	1504	5	investor	investor	NOUN
cblr-2902	1504	6	expects	expect	VERB
cblr-2902	1504	7	two	two	NUM
cblr-2902	1504	8	possible	possible	ADJ
cblr-2902	1504	9	outcomes	outcome	NOUN
cblr-2902	1504	10	for	for	ADP
cblr-2902	1504	11	the	the	DET
cblr-2902	1504	12	investment	investment	NOUN
cblr-2902	1504	13	in	in	ADP
cblr-2902	1504	14	the	the	DET
cblr-2902	1504	15	corporate	corporate	ADJ
cblr-2902	1504	16	bond	bond	NOUN
cblr-2902	1504	17	.	.	PUNCT
cblr-2902	1505	1	there	there	PRON
cblr-2902	1505	2	is	be	VERB
cblr-2902	1505	3	a	a	DET
cblr-2902	1505	4	94	94	NUM
cblr-2902	1505	5	%	%	NOUN
cblr-2902	1505	6	probability	probability	NOUN
cblr-2902	1505	7	of	of	ADP
cblr-2902	1505	8	no	no	DET
cblr-2902	1505	9	default	default	NOUN
cblr-2902	1505	10	,	,	PUNCT
cblr-2902	1505	11	in	in	ADP
cblr-2902	1505	12	which	which	DET
cblr-2902	1505	13	case	case	NOUN
cblr-2902	1505	14	his	his	PRON
cblr-2902	1505	15	payoff	payoff	NOUN
cblr-2902	1505	16	will	will	AUX
cblr-2902	1505	17	be	be	AUX
cblr-2902	1505	18	$	$	SYM
cblr-2902	1505	19	100	100	NUM
cblr-2902	1505	20	plus	plus	CCONJ
cblr-2902	1505	21	interest	interest	NOUN
cblr-2902	1505	22	.	.	PUNCT
cblr-2902	1506	1	however	however	ADV
cblr-2902	1506	2	,	,	PUNCT
cblr-2902	1506	3	there	there	PRON
cblr-2902	1506	4	is	be	VERB
cblr-2902	1506	5	also	also	ADV
cblr-2902	1506	6	a	a	DET
cblr-2902	1506	7	6	6	NUM
cblr-2902	1506	8	%	%	NOUN
cblr-2902	1506	9	probability	probability	NOUN
cblr-2902	1506	10	of	of	ADP
cblr-2902	1506	11	default	default	NOUN
cblr-2902	1506	12	,	,	PUNCT
cblr-2902	1506	13	in	in	ADP
cblr-2902	1506	14	which	which	DET
cblr-2902	1506	15	case	case	NOUN
cblr-2902	1506	16	his	his	PRON
cblr-2902	1506	17	payoff	payoff	NOUN
cblr-2902	1506	18	will	will	AUX
cblr-2902	1506	19	be	be	AUX
cblr-2902	1506	20	$	$	SYM
cblr-2902	1506	21	50	50	NUM
cblr-2902	1506	22	plus	plus	CCONJ
cblr-2902	1506	23	half	half	NOUN
cblr-2902	1506	24	of	of	ADP
cblr-2902	1506	25	the	the	DET
cblr-2902	1506	26	interest	interest	NOUN
cblr-2902	1506	27	.	.	PUNCT
cblr-2902	1507	1	equation	equation	NOUN
cblr-2902	1507	2	2	2	NUM
cblr-2902	1507	3	suggests	suggest	VERB
cblr-2902	1507	4	that	that	SCONJ
cblr-2902	1507	5	the	the	DET
cblr-2902	1507	6	corporate	corporate	ADJ
cblr-2902	1507	7	bond	bond	NOUN
cblr-2902	1507	8	should	should	AUX
cblr-2902	1507	9	yield	yield	VERB
cblr-2902	1507	10	6%.269	6%.269	NUM
cblr-2902	1507	11	this	this	PRON
cblr-2902	1507	12	is	be	AUX
cblr-2902	1507	13	only	only	ADV
cblr-2902	1507	14	approximately	approximately	ADV
cblr-2902	1507	15	right	right	NOUN
cblr-2902	1507	16	-	-	PUNCT
cblr-2902	1507	17	when	when	SCONJ
cblr-2902	1507	18	the	the	DET
cblr-2902	1507	19	corporate	corporate	ADJ
cblr-2902	1507	20	bond	bond	NOUN
cblr-2902	1507	21	yields	yield	VERB
cblr-2902	1507	22	6	6	NUM
cblr-2902	1507	23	%	%	NOUN
cblr-2902	1507	24	,	,	PUNCT
cblr-2902	1507	25	the	the	DET
cblr-2902	1507	26	expected	expect	VERB
cblr-2902	1507	27	value	value	NOUN
cblr-2902	1507	28	of	of	ADP
cblr-2902	1507	29	both	both	DET
cblr-2902	1507	30	bonds	bond	NOUN
cblr-2902	1507	31	is	be	AUX
cblr-2902	1507	32	roughly	roughly	ADV
cblr-2902	1507	33	,	,	PUNCT
cblr-2902	1507	34	but	but	CCONJ
cblr-2902	1507	35	not	not	PART
cblr-2902	1507	36	precisely	precisely	ADV
cblr-2902	1507	37	equal	equal	ADJ
cblr-2902	1507	38	.	.	PUNCT
cblr-2902	1508	1	the	the	DET
cblr-2902	1508	2	expected	expect	VERB
cblr-2902	1508	3	value	value	NOUN
cblr-2902	1508	4	of	of	ADP
cblr-2902	1508	5	the	the	DET
cblr-2902	1508	6	corporate	corporate	ADJ
cblr-2902	1508	7	bond	bond	NOUN
cblr-2902	1508	8	investment	investment	NOUN
cblr-2902	1508	9	is	be	AUX
cblr-2902	1508	10	the	the	DET
cblr-2902	1508	11	sum	sum	NOUN
cblr-2902	1508	12	of	of	ADP
cblr-2902	1508	13	the	the	DET
cblr-2902	1508	14	expected	expect	VERB
cblr-2902	1508	15	values	value	NOUN
cblr-2902	1508	16	of	of	ADP
cblr-2902	1508	17	the	the	DET
cblr-2902	1508	18	default	default	NOUN
cblr-2902	1508	19	and	and	CCONJ
cblr-2902	1508	20	no	no	DET
cblr-2902	1508	21	-	-	PUNCT
cblr-2902	1508	22	default	default	NOUN
cblr-2902	1508	23	condition	condition	NOUN
cblr-2902	1508	24	.	.	PUNCT
cblr-2902	1509	1	the	the	DET
cblr-2902	1509	2	expected	expect	VERB
cblr-2902	1509	3	value	value	NOUN
cblr-2902	1509	4	of	of	ADP
cblr-2902	1509	5	the	the	DET
cblr-2902	1509	6	no	no	DET
cblr-2902	1509	7	-	-	PUNCT
cblr-2902	1509	8	default	default	NOUN
cblr-2902	1509	9	condition	condition	NOUN
cblr-2902	1509	10	is	be	AUX
cblr-2902	1509	11	6	6	NUM
cblr-2902	1509	12	%	%	NOUN
cblr-2902	1509	13	probability	probability	NOUN
cblr-2902	1509	14	*	*	PUNCT
cblr-2902	1509	15	$	$	SYM
cblr-2902	1509	16	106	106	NUM
cblr-2902	1509	17	payoff	payoff	NOUN
cblr-2902	1509	18	=	=	PUNCT
cblr-2902	1509	19	$	$	SYM
cblr-2902	1509	20	99.64	99.64	NUM
cblr-2902	1509	21	.	.	PUNCT
cblr-2902	1510	1	the	the	DET
cblr-2902	1510	2	expected	expect	VERB
cblr-2902	1510	3	value	value	NOUN
cblr-2902	1510	4	of	of	ADP
cblr-2902	1510	5	the	the	DET
cblr-2902	1510	6	default	default	NOUN
cblr-2902	1510	7	condition	condition	NOUN
cblr-2902	1510	8	is	be	AUX
cblr-2902	1510	9	6	6	NUM
cblr-2902	1510	10	%	%	NOUN
cblr-2902	1510	11	probability	probability	NOUN
cblr-2902	1510	12	*	*	PUNCT
cblr-2902	1510	13	$	$	SYM
cblr-2902	1510	14	53	53	NUM
cblr-2902	1510	15	payoff	payoff	NOUN
cblr-2902	1510	16	=	=	PUNCT
cblr-2902	1510	17	$	$	SYM
cblr-2902	1510	18	3.18	3.18	NUM
cblr-2902	1510	19	.	.	PUNCT
cblr-2902	1511	1	the	the	DET
cblr-2902	1511	2	sum	sum	NOUN
cblr-2902	1511	3	of	of	ADP
cblr-2902	1511	4	$	$	SYM
cblr-2902	1511	5	99.64	99.64	NUM
cblr-2902	1511	6	and	and	CCONJ
cblr-2902	1511	7	$	$	SYM
cblr-2902	1511	8	3.18	3.18	NUM
cblr-2902	1511	9	is	be	AUX
cblr-2902	1511	10	$	$	SYM
cblr-2902	1511	11	102.82	102.82	NUM
cblr-2902	1511	12	,	,	PUNCT
cblr-2902	1511	13	just	just	ADV
cblr-2902	1511	14	shy	shy	ADJ
cblr-2902	1511	15	of	of	ADP
cblr-2902	1511	16	$	$	SYM
cblr-2902	1511	17	103	103	NUM
cblr-2902	1511	18	.	.	PUNCT
cblr-2902	1512	1	as	as	SCONJ
cblr-2902	1512	2	discussed	discuss	VERB
cblr-2902	1512	3	above	above	ADV
cblr-2902	1512	4	,	,	PUNCT
cblr-2902	1512	5	equation	equation	NOUN
cblr-2902	1512	6	2	2	NUM
cblr-2902	1512	7	is	be	AUX
cblr-2902	1512	8	an	an	DET
cblr-2902	1512	9	approximation	approximation	NOUN
cblr-2902	1512	10	;	;	PUNCT
cblr-2902	1512	11	a	a	DET
cblr-2902	1512	12	more	more	ADV
cblr-2902	1512	13	precise	precise	ADJ
cblr-2902	1512	14	answer	answer	NOUN
cblr-2902	1512	15	requires	require	VERB
cblr-2902	1512	16	a	a	DET
cblr-2902	1512	17	more	more	ADV
cblr-2902	1512	18	complex	complex	ADJ
cblr-2902	1512	19	equation	equation	NOUN
cblr-2902	1512	20	.	.	PUNCT
cblr-2902	1513	1	the	the	DET
cblr-2902	1513	2	corporate	corporate	ADJ
cblr-2902	1513	3	bond	bond	NOUN
cblr-2902	1513	4	yield	yield	NOUN
cblr-2902	1513	5	must	must	AUX
cblr-2902	1513	6	be	be	AUX
cblr-2902	1513	7	6.19	6.19	NUM
cblr-2902	1513	8	%	%	NOUN
cblr-2902	1513	9	,	,	PUNCT
cblr-2902	1513	10	slightly	slightly	ADV
cblr-2902	1513	11	higher	high	ADJ
cblr-2902	1513	12	than	than	ADP
cblr-2902	1513	13	the	the	DET
cblr-2902	1513	14	6	6	NUM
cblr-2902	1513	15	%	%	NOUN
cblr-2902	1513	16	suggested	suggest	VERB
cblr-2902	1513	17	by	by	ADP
cblr-2902	1513	18	our	our	PRON
cblr-2902	1513	19	simple	simple	ADJ
cblr-2902	1513	20	equation	equation	NOUN
cblr-2902	1513	21	2	2	NUM
cblr-2902	1513	22	,	,	PUNCT
cblr-2902	1513	23	to	to	PART
cblr-2902	1513	24	make	make	VERB
cblr-2902	1513	25	both	both	DET
cblr-2902	1513	26	investments	investment	NOUN
cblr-2902	1513	27	equally	equally	ADV
cblr-2902	1513	28	attractive	attractive	ADJ
cblr-2902	1513	29	to	to	ADP
cblr-2902	1513	30	a	a	DET
cblr-2902	1513	31	risk	risk	NOUN
cblr-2902	1513	32	neutral	neutral	ADJ
cblr-2902	1513	33	investor	investor	NOUN
cblr-2902	1513	34	.	.	PUNCT
cblr-2902	1514	1	if	if	SCONJ
cblr-2902	1514	2	we	we	PRON
cblr-2902	1514	3	use	use	VERB
cblr-2902	1514	4	equation	equation	NOUN
cblr-2902	1514	5	3	3	NUM
cblr-2902	1514	6	and	and	CCONJ
cblr-2902	1514	7	rewrite	rewrite	VERB
cblr-2902	1514	8	it	it	PRON
cblr-2902	1514	9	to	to	PART
cblr-2902	1514	10	solve	solve	VERB
cblr-2902	1514	11	for	for	ADP
cblr-2902	1514	12	the	the	DET
cblr-2902	1514	13	corporate	corporate	ADJ
cblr-2902	1514	14	yield	yield	NOUN
cblr-2902	1514	15	,	,	PUNCT
cblr-2902	1514	16	we	we	PRON
cblr-2902	1514	17	get	get	VERB
cblr-2902	1514	18	:	:	PUNCT
cblr-2902	1514	19	corporate	corporate	ADJ
cblr-2902	1514	20	yield	yield	NOUN
cblr-2902	1514	21	=	=	PUNCT
cblr-2902	1515	1	[	[	X
cblr-2902	1515	2	(	(	PUNCT
cblr-2902	1515	3	1	1	NUM
cblr-2902	1515	4	+	+	NOUN
cblr-2902	1515	5	risk	risk	NOUN
cblr-2902	1515	6	-	-	PUNCT
cblr-2902	1515	7	free	free	ADJ
cblr-2902	1515	8	rate	rate	NOUN
cblr-2902	1515	9	)	)	PUNCT
cblr-2902	1515	10	/	/	PUNCT
cblr-2902	1516	1	(	(	PUNCT
cblr-2902	1516	2	1	1	NUM
cblr-2902	1516	3	probability	probability	NOUN
cblr-2902	1516	4	of	of	ADP
cblr-2902	1516	5	default	default	NOUN
cblr-2902	1516	6	*	*	PUNCT
cblr-2902	1516	7	loss	loss	NOUN
cblr-2902	1516	8	given	give	VERB
cblr-2902	1516	9	default	default	NOUN
cblr-2902	1516	10	)	)	PUNCT
cblr-2902	1516	11	]	]	PUNCT
cblr-2902	1516	12	1	1	NUM
cblr-2902	1516	13	corporate	corporate	ADJ
cblr-2902	1516	14	yield	yield	NOUN
cblr-2902	1517	1	=	=	PUNCT
cblr-2902	1518	1	[	[	X
cblr-2902	1518	2	(	(	PUNCT
cblr-2902	1518	3	1	1	NUM
cblr-2902	1518	4	+	+	NUM
cblr-2902	1518	5	0.03)/(1	0.03)/(1	NUM
cblr-2902	1518	6	(	(	PUNCT
cblr-2902	1518	7	0.06)*(0.5	0.06)*(0.5	PROPN
cblr-2902	1518	8	)	)	PUNCT
cblr-2902	1518	9	]	]	PUNCT
cblr-2902	1518	10	-1	-1	PUNCT
cblr-2902	1519	1	=	=	PUNCT
cblr-2902	1520	1	[	[	X
cblr-2902	1520	2	(	(	PUNCT
cblr-2902	1520	3	1.03)/(1	1.03)/(1	NUM
cblr-2902	1520	4	0.03	0.03	NUM
cblr-2902	1520	5	)	)	PUNCT
cblr-2902	1520	6	]	]	PUNCT
cblr-2902	1520	7	1	1	X
cblr-2902	1520	8	=	=	SYM
cblr-2902	1520	9	(	(	PUNCT
cblr-2902	1520	10	1.03)/(0.97	1.03)/(0.97	NUM
cblr-2902	1520	11	)	)	PUNCT
cblr-2902	1520	12	1	1	NUM
cblr-2902	1520	13	=	=	SYM
cblr-2902	1520	14	0.061856	0.061856	NUM
cblr-2902	1520	15	=	=	SYM
cblr-2902	1520	16	6.19	6.19	NUM
cblr-2902	1520	17	%	%	NOUN
cblr-2902	1520	18	.	.	PUNCT
cblr-2902	1521	1	269	269	NUM
cblr-2902	1521	2	6	6	NUM
cblr-2902	1521	3	%	%	NOUN
cblr-2902	1521	4	probability	probability	NOUN
cblr-2902	1521	5	of	of	ADP
cblr-2902	1521	6	default	default	NOUN
cblr-2902	1521	7	*	*	PUNCT
cblr-2902	1521	8	50	50	NUM
cblr-2902	1521	9	%	%	NOUN
cblr-2902	1521	10	loss	loss	NOUN
cblr-2902	1521	11	given	give	VERB
cblr-2902	1521	12	default	default	NOUN
cblr-2902	1521	13	=	=	SYM
cblr-2902	1521	14	3	3	NUM
cblr-2902	1521	15	%	%	NOUN
cblr-2902	1521	16	spread	spread	NOUN
cblr-2902	1521	17	;	;	PUNCT
cblr-2902	1521	18	3	3	NUM
cblr-2902	1521	19	%	%	NOUN
cblr-2902	1521	20	risk	risk	NOUN
cblr-2902	1521	21	-	-	PUNCT
cblr-2902	1521	22	free	free	ADJ
cblr-2902	1521	23	yield	yield	NOUN
cblr-2902	1521	24	+	+	CCONJ
cblr-2902	1521	25	3	3	NUM
cblr-2902	1521	26	%	%	NOUN
cblr-2902	1521	27	spread	spread	NOUN
cblr-2902	1521	28	=	=	PUNCT
cblr-2902	1521	29	6	6	NUM
cblr-2902	1521	30	%	%	NOUN
cblr-2902	1521	31	corporate	corporate	ADJ
cblr-2902	1521	32	yield	yield	NOUN
cblr-2902	1521	33	.	.	PUNCT
cblr-2902	1522	1	no	no	INTJ
cblr-2902	1522	2	.	.	NOUN
cblr-2902	1523	1	1	1	NUM
cblr-2902	1523	2	:	:	SYM
cblr-2902	1523	3	118]1	118]1	NUM
cblr-2902	1523	4	leveraged	leverage	VERB
cblr-2902	1523	5	buyout	buyout	NOUN
cblr-2902	1523	6	bankruptcies	bankruptcy	NOUN
cblr-2902	1523	7	221	221	NUM