…“Dollar,” because, those stories (pretty much?) all involve pegged units of account. The U.S. Coinage Act is lousy with labeled commodity units/coins (e.g. the Spanish silver Dollar), weights, purity stipulations, etc. to which…
…interest rates in the fight against inflation caused the value of bonds to drop, eroding the value of the large bond portfolios that a lot of reinsurers hold. A strong…
…policy changes and Agricultural Exports 101. The U.S. agricultural trade deficit has garnered significant attention, as the value of imported agricultural products now exceeds the value of what we export. Why do we…
…world-sectors, it just punts, unavoidably and necessarily using current equity market values rather than nonfinancial-asset values. (Its discrepancy from the B.101 net worth tally, BTW, is just the US Net…
…continued shareholder interest: the current requirement for a tax free reorg of only 40% (under an example in the reorg regulations) should be tighted to at least 70%. The opportunities…
…that companies tend to have stable structures. The IRS rarely audits newly formed entities. You probably are unaware of this restructuring, even if you are a Dell shareholder or a…
…financial arbitrageurs,* …the marginal dollar borrowed by a nonfinancial business in this period was simply handed on to shareholders, without funding any productive expenditure at all. This goes far in…
…Cheney or any of their Texan oilpatch pals, but the Prime Minister of Canada, whose daughter is married to TotalFinaElf’s biggest shareholder. The liberation of Iraq is a victory for…
…a partner at Bernstein Litowitz Berger & Grossman, LLP, president of the National Association of Shareholder and Commercial Attorneys and former Assistant District Attorney for Manhattan agrees. He summed-up the…
…of one’s childhood) puts gigantic pressure on some people. One reacted by acquiring work habits and self discipline I can’t even dream of. Being sole shareholder chairman of the board…