…the purchases of mortgage-backed assets. [emphasis mine] Now, strangely, I have always heard that assets have a positive value. When I buy $100 worth of a stock—say, PWND—my Net Asset…

…equity funds) Lehman is most likely insolvent (i.e. has negative net worth with liabilities well above its impaired assets). So leaving aside the potential and now dubious value of its…

…“In the Beginning” there was poverty. 1966, because the beginning went so well, we added more. And 1983 because we became enlightened . Using the Measuring Worth site I produced…

…of more than 1.5 million shares worth $147.9 million took place, the data show. Since 2000, Cayne has sold 2.37 million shares worth about $182.7 million, while Schwartz has sold…

…was worth $10 billion, i.e., their total net worth was $5 trillion. Further, let’s assume that, being both smart and powerful; their average return on their net worth was ten…

…and wealthier every year. Indeed, data last month from the Federal Reserve show that U.S. household net worth hit a record of $49.8 trillion, up roughly $5 trillion in the…

…Field near Dallas. The cities of Dallas and Fort Worth, and the Dallas/Fort Worth airport (DFW), which opened in 1974, tried unsuccessfully to force Southwest Airlines to move its operations…

…foreign investors sold $6.3 billion worth of U.S. equities compared with $11.5 billion worth of equity purchases in August. They bought just $5.6 billion worth of Treasurys — down sharply…

This Should be Worth Watching Robin Cook, Jack Straw’s predecessor as Foreign Secretary and currently leader of the Commons resigned in protest over the impending war today. And he’s scheduled…

…create the real assets. (Sometimes the market overestimates; this is a problem.) The people’s debt is unchanged, but their financial assets are worth more. Their net worth has increased. They’ve…