Apr 11, 2019
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Cytotoxicity of some diphenyl ethers on murine lymphocytes.
Toxicity of some diphenyl ethers on murine lymphocytes was studied in vitro. These compounds exhibited cytotoxicity in the order: 2,4-bis(2,4-dinitrophenyl)phenol (2,4-di-di-o-tolylphenol) greater than 2,4-bis(2,6-dinitrophenyl)phenol (2,4-di-dinitrophenylphenol) greater than 2,4-bis(4-nitrophenyl)phenol (2,4-di-o-tolylphenol). Toxicity was observed at concentrations between 10(-6) and 10(-4) M.You are here
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Moody's Aaa ratings highlight the troubling state of the regional banking sector in Germany. If we consider the five largest banks, these banks are already rated as vulnerable. In order to appreciate the significance of this development, let’s compare them with the performance of their peers in the US, which are not just less liquid, but also much more resilient in the aftermath of the financial crisis.
While Moody's assesses five banks in Germany as being vulnerable, the situation in the US remains much more stable. As of September 2012, all sub-prime mortgage backed securities which were issued in 2007 and 2008, including the key tranche MBS-C, had default rates which were well below 25%, and none had default rates above 75%. In contrast, in Germany all sub-prime mortgages are rated below investment grade. Some of these ratings have default rates above 25%, while a substantial fraction of the MBS-C still has default rates above 75%.
As recently as last week, Moody's has stated that it expects defaults on these MBS-C to rise to 20-30% in the next two years. There are a number of reasons why this default risk is elevated in Germany. First of all, most of the principal assets of these banks, most of which are highly rated, are concentrated in the MBS-C, while the ac619d1d87
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