…means that our portfolio would only increase by 95% of expectations. (Note that this still translates to a big surplus for 2008, just not as big as we hoped.) How…

rdan Reader Bear points us to a great essay by Michael Lewis in Condi Naste Portfolio.com: In the two decades since then, I had been waiting for the end of…

…parents’ portfolio, and the older parents don’t know what their children’s monthly debt payments are. None of this is fun to think about. And if you dare to open your…

…See, he could then have made an arrangement with Bill to have a position in his administration – perhaps a “minister without portfolio” that would allow him to go traipsing…

…2006. In some instances, workers in fear of home foreclosure may be tapping retirement funds as a last-ditch measure, says Anne Lester, a senior portfolio manager at JPMorgan Asset Management….

…modifications mortgage firms can pursue. Other contracts allow the firms to pursue modifications more freely if doing so will minimize overall losses. David R. Myers, a senior portfolio manager at…

…sorts of chaos in the financial markets – from institutions performing loan portfolio write-downs to calling in credit default swaps, we’ve avoided that nasty mess and in the end those…

…revenues depend on local real estate values. That risk can be delocalized, that is, diversified, with benefits both the the local citizens and investors who hold a diversified portfolio of…

…this stock market with existing portfolio packages unless one has the stomach and intention to suffer through what may be a very long hike up the investment trail. Meanwhile, people…

…markets to be complete, there must be a security (or portfolio) which pays positive value in any conceivable contingency and otherwise pays zero. It must be possible to buy in…