mcnees287

7 ms·

1.
by mcnees287 10y ago
Julia
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by mcnees287 10y ago
You assume available jobs are located near where teenagers live? In many cases the jobs are located in remote areas with small populations (most agricultural work). Also, I want mine and your teenagers to be studying and preparing for their
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by mcnees287 10y ago
Second Ally Bank. I've used them for about 3 years now, and can only say good things. Their newly offered credit card is run by a third party, which I might avoid. Standard banking is really great. I don't miss the physical branch
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by mcnees287 10y ago
I think the comment is referring to the fact that one can write CDS on top of an underlying instrument. So, if I have $100 million in MBS, other parties, or even myself, can write CDS contracts that reference my $100 million MBS. What I hav
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by mcnees287 10y ago
Yes. FHA and the GSEs pool mortgages from banks, stamp them with their guarantee, and then sell the loan pools as MBS to investors. (Most) banks, especially small ones, are unwilling to sell and hold a fixed rate 30 year mortgage. There&#x2
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by mcnees287 10y ago
It sounds like a reasonable theory on its face. However, the outcome of this is likely that banks will stop making loans all together. If they were to offer mortgages at all, it certainly would not be a 30 year fixed rate product. It's
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by mcnees287 10y ago
It's just insurance. One side pays the other side if a certain outcome occurs. In exchange for protection from the outcome, the side seeking protection pays a fee.
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by mcnees287 10y ago
Meaning, the mortgages (default risk) are guaranteed by the government, either explicitly (FHA) or implicitly through a government sponsored interprise (Fannie and Freddie). After the housing crisis the private market (mostly banks) left ve
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by mcnees287 11y ago
It's likely priced in already.
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by mcnees287 11y ago
And why is that? Technically, we could repay all of our debt, at any time, as we print our own currency. There are long-term implications for what you are talking about, but we are far away from anything approaching a crisis (not including
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by mcnees287 11y ago
Second the Benq. I'm using one with my macbook pro via miniDP. Great experience.
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by mcnees287 12y ago
I think you're reading too much into the conspiracy theories here. The quantitative easing (QE) programs are designed to decrease long-term rates, in other words, flatten the yield curve, which have been more-or-less successful. In the
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by mcnees287 13y ago
People who trade more are benefited from low bid/ask spreads. HFT necessarily helps them.
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by mcnees287 13y ago
This is an interesting comment, but Icahn's recent actions (last three to four years that I am familiar with) are driven by nothing more than the motive for short-term profit. The process proceeds along the following lines: 1. Acquire
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by mcnees287 13y ago
Financial times daily. Local business newspapers are also good: http://www.bcbr.com/
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by mcnees287 13y ago
MV=PQ Where, M=money supply V=times money changes hands in one-year P=price level Q=GDP The assumptions for this model are often missed, and include: 1.No excess reserves 2.No international leakages, ie.,no ca
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by mcnees287 13y ago
Do you support the violent overthrow of the government? Many people would die.
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by mcnees287 13y ago
Do you really believe this? It would fit the narrative of the evil financial system, but I would be carful allotting credit for such a scheme. Sometimes shit happens.
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by mcnees287 13y ago
That's defense; it's purely semantics.
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by mcnees287 13y ago
We believe in defense.
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by mcnees287 14y ago
If you only hear one side of the story you can't make an informed decision. Fact is the entertainment industry lobby is well organized and able to have their voice heard. The general public is unorganized in this area and rather dispersed.
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by mcnees287 14y ago
Being in the US long-term is a good idea for a potential shot at Defense Department contracts.
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by mcnees287 14y ago
It also appears the JPM was nearly the entire market in the products they were trading. It will be extremely difficult to exit their position entirely. I suspect the real losses will be a good deal higher when it's all said and done.
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by mcnees287 14y ago
Net-worth =Assets-Liabilities
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by mcnees287 14y ago
Some firms may have lumpy cashflows and are unable to put up all of the cash at one time for a purchase or they simply just may not wish to part with current cash holdings. Often if a firm is willing (able) to pay upfront in cash they will
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by mcnees287 14y ago
You don't understand brand value.
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by mcnees287 15y ago
They have good points. You must have missed econ 101.
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by mcnees287 15y ago
What are you looking to screen? I would recommend not playing with any money you're not 100% okay with loosing entirely.
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by mcnees287 15y ago
Just because you default doesn't mean no one will lend to you in the future. Greek has defaulted many times in the recent past. They will have to pay a much higher rate in the future. Making default expensive.
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by mcnees287 15y ago
Government debt is almost always unsecured.

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