In separate testimony to Financial Crisis Inquiry Commission, officers of Clayton Holdings—the largest residential loan due diligence and securitization surveillance company in the United States and Europe—testified that Clayton's review of over 900,000 mortgages issued from January 2006 to June 2007 revealed that scarcely 54% of the loans met their originators’ underwriting standards. The analysis (conducted on behalf of 23 investment and commercial banks, including 7 "too big to fail" banks) additionally showed that 28% of the sampled loans did not meet the minimal standards of any issuer. Clayton's analysis further showed that 39% of these loans (i.e. those not meeting any issuer's minimal underwriting standards) were subsequently securitized and sold to investors.
How many mortgage loans did Clayton Holdings review in their analysis?
900,000

The 1916 Zoning Resolution required setbacks in new buildings, and restricted towers to a percentage of the lot size, to allow sunlight to reach the streets below. The Art Deco style of the Chrysler Building (1930) and Empire State Building (1931), with their tapered tops and steel spires, reflected the zoning requirements. The buildings have distinctive ornamentation, such as the eagles at the corners of the 61st floor on the Chrysler Building, and are considered some of the finest examples of the Art Deco style. A highly influential example of the international style in the United States is the Seagram Building (1957), distinctive for its façade using visible bronze-toned I-beams to evoke the building's structure. The Condé Nast Building (2000) is a prominent example of green design in American skyscrapers and has received an award from the American Institute of Architects as well as AIA New York State for its design.
In what year was the Empire State Building completed?
1931

In December 2009, then Indian Navy chief Admiral Nirmal Kumar Verma said at his maiden navy week press conference that concepts currently being examined by the Directorate of Naval Design for the second indigenous aircraft carrier (IAC-2), are for a conventionally powered carrier displacing over 50,000 tons and equipped with steam catapults (rather than the ski-jump on the Gorshkov/Vikramaditya and the IAC) to launch fourth-generation aircraft. Later on in August 2013 Vice Admiral RK Dhowan, while talking about the detailed study underway on the IAC-II project, said that nuclear propulsion was also being considered. The navy also evaluated the Electromagnetic Aircraft Launch System (EMALS), which is being used by the US Navy in their latest Gerald R. Ford-class aircraft carriers. General Atomics, the developer of the EMALS, was cleared by the US government to give a technical demonstration to Indian Navy officers, who were impressed by the new capabilities of the system. The EMALS enables launching varied aircraft including unmanned combat air vehicles (UCAV). The aim is to have a total of three aircraft carriers in service, with two fully operational carriers and the third in refit.
Who was impressed by the demonstration of EMALS by General Atomics?
Indian Navy officers