The Event Horizon
…that it would begin reinvesting principal payments on agency MBS and agency debt into longer-term Treasury securities, and over the subsequent couple of months or so, the public remarks of…
…that it would begin reinvesting principal payments on agency MBS and agency debt into longer-term Treasury securities, and over the subsequent couple of months or so, the public remarks of…
…anticipate that the workmen themselves were to be the principal sufferers by the repeal, and that the despotic authority assumed by the Managing Committees was to be the source of…
…protected entire neighborhoods and cities from the blight of foreclosed properties–permitting bankruptcy adjustments of home mortgage loan principal amounts–was never a real option. Banks ended up being more important than…
…Security is the amount of principal above a TF ratio of 100 plus the costs of servicing the remaining reserve, or $1.8 tn out of $2.5 trillion plus interest on…
…family religion was in principal different, though of course the Family in the larger senses, the Kin, would naturally share most elements by inheritance from common ancestors. Now it is…
…cuts can move that 2015 target number. The why and how of this below the fold. The first problem is that Social Security ‘reformers’ continually confuse ‘deficit’, ‘debt’ and ‘unfunded…
…tiny bit of technology and massive investment. One of the principal aims of economic regulation in the USA has long been the promotion of competition. Sometimes regulation and public intervention…
…ABA online journal today notes that one of the principal Goldman lawyers advises that those responding at Congressional hearings take long pauses before answering and give rambling responses to questions–to…
…a 2.23% actuarial gap from the previous year, meaning that extra dollars were not collected and so contributed neither principal or interest to the Trust Fund, all things being equal…
…her first home”. She has taken out “an adjustable-rate mortgage that won’t require her to pay any principal for three years”. She is already strapped, working overtime to pay her…