…on rice for survival) is the ‘value’ of rice as a commodity appears to have risen to the level of ‘currency’, much as oil has done. Governments are by-passing currency…

…responsible for a particular rating have limited discretion. Clearly top management is not easily corrupted — the value of the reputation of the credit rating agency is so huge that…

…of which is the title of this piece. Derivatives may have a value, but are they actually assets? Worse, if the Fed buys an asset, does it also have to…

…to market the value of it illiquid and toxic assets (the $40 billion of commercial real estate assets, its remaining residential MBS and CDOs, its holdings of real estate private…

…was collected. Mortgage debt as a share of real estate value has approximately doubled over the last twenty years. But if the bulk of the gains in home values during…

…cultural bias in Harvard grading is the same as the cultural bias in the SAT so race has the same effect on the expected value of the Harvard GPA as…

…over $6 billion of CDOs with subprime debt in June. The reason this is a serious issue is that money market funds have a $1 NAV, meaning “net asset value”…

…is regarded as a social value. It is not a social value. But what about labor? Do those at the top really get what they deserve? And they get enormous…

Via BubbleMeter, this graph of the value of GDP and the total value of all housing (the creator of the graph titled it “THIS IS THE HOUSING BUBBLE”): It’s hard…

The SEC has rejected an approach to value employee stock options (ESO) proposed by Cisco Systems: Securities and Exchange Commission Chief Accountant Donald Nicolaisen is expected to reject Cisco’s Systems…