Updated news on the Gambino, Genovese, Bonanno, Lucchese, and Colombo Organized Crime Families of New York City. Gambino. The Gambino crime family is one of the Five Families that control organized crime activity in New York City. It is a part of the United States-wide criminal network known as the Mafia (or Cosa Nostra).
While a loan is a liability for the borrower, it is an asset for the bank, for the lender. This asset includes loans to consumers (home loans, personal loans, automobile loans, credit card loans) and businesses (real estate development loans, capital investment loans). Reserves: The third asset category is reserves.
Asset-backed security. An asset-backed security (ABS) is a security whose income payments and hence value are derived from and collateralized (or backed) by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually.