It has relatively low capital and operating costs for a smelting process.
The company also said it would reduce capital spending, lower working capital and intensify cost-reduction efforts.
If there are gains on the notes, they will be taxed at the lower capital gains rates.
Most are of very small size, attracted in part by the very low capital costs required to enter the business.
"We had real estate problems, low reserves, low capital and no immediate prospect of making money," he recalled.
Dime Savings announced two deals that could help it end its troubles with bad real estate loans and low capital.
This process is efficient and generally has a lower capital cost base.
These institutions have poor earnings, low capital and real estate portfolios that could go either way.
The lower capital gains taxes would give them back billions.
Locals have the benefit of special low capital and regulatory requirements.