…income). So for 2 agents A and B, the junior tranches of some pool might be worth much more to B than to A, because the returns on the pool…

…to practice and sees the friends 2 Les Pauls and a jazz box, 2 ear killing amps and bottoms, a full board of pedals worth what he sold his gear…

…eighteen hours trying to fix these two problems myself (with and without tech support) and I’m tired and aggravated. My time is worth something, and avoidance of aggravation is worth…

…for inflation to be a worry.) I got net worth for households and nonprofits (sorry, but the Fed groups nonprofits in there and I can’t find this series without nonprofits)…

…DeLong is the only economist worthy of debating Matthew Yglesias (I mean the only one worth naming. I mean that shows disrespect for Paul Krugman himself). I must object. update:…

…the fold: The Fed has put at least $50 billion into The Big C.* The Big C is worth, according to its best-informed shareholders, slightly over $8 billion.** The Fed’s…

by cactus The TARP and the Welfare Queens Yves Smith had a post up yesterday entitled Quelle Surprise! Big Banks Who Got TARP Funds Reduced Lending. It’s worth a read,…

…I’m in the presence of a great man and that’s worth something.” I don’t want to know how much dealing with such a great financial genius was worth to Savage….

…which pays in full unless 16% of the underlying securities default. What a waste. That means there are tranches worth more than the lowest value security that barely scrapes an…

…model with no equations after the jump. If there were only one credit rating agency (call it Serene’s) that agency might just decide that the knew business was worth the…