There is a term that is going to become to new buzz in the current Wall Street crisis... and it is... Mark-to-Market Simply put, it is the the valuation of assets that a particular institution holds. Let's say that a bank holds 1,000 shares of a stock called PU, and the per share price is $13.66
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09/23/2008
I think that I have heard three score and seven commentators use the word "greed" today. And honestly, I'm pretty tired of it. They all seem to have an idea of what they mean, but none of them seem to have a clue what it actually means. The "accepted definition" is something like: excessive de
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09/21/2008
I have been looking at the impacts from the proposed bailout... I see three possibilities: As the federal government goes on their trash run, picking up the bad debt from Wall Street, the banks will once again be ready to loan money. Qualified consumers will be able to get loans again, and with
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09/20/2008
A billion here, a billion there... pretty soon we are talking about real money. And yes that seems to be the thought process up in DC these days. Bail-outs beget bail-outs. And now we are talking about one trillion dollars. $1T... heck, that should be bold. $1T. Without getting into the ethi
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09/20/2008
The name is Ballast... Mobile Ballast. Sunday, Video Sunday took a look at sidecar racing. It is amazing to watch. The "rider" climbs all over the back of that thing to put the weight where it needs to be for the best performance. Boy, most of us had NO clue that What does the Fannie/Freddie b
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09/20/2008
There are a lot of Parkview football fans in Lilburn. We visit some of the games, and the fans offer enthusiastic support. There are quite a few like my family that don't yet have a Parkview student... some have a future Parkview student, others have alums in the family or are alums themselves.
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09/19/2008
I just got hoome from having some maintenance done on my wife's minivan. Makes me a little crazy... I used to be a service writer for an Auto Center. I also worked in an auto resoration firm, auto parts store and auto body shop at various times... I even owned a 4x4 shop for a period of time.
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09/19/2008
We are currently sitting on the edge of a dangerous precipice. This is in addition to the threat of global terrorism and the meltdown of our financial system. And this is a precipice that both the Democrats and the Republicans seem unwilling to face, much less do something about... In fact, nei
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09/19/2008
We are currently sitting on the edge of a dangerous precipice. This is in addition to the threat of global terrorism and the meltdown of our financial system. And this is a precipice that both the Democrats and the Republicans seem unwilling to face, much less do something about... In fact, nei
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09/19/2008
There are some fun and cool things coming up in Lilburn in the next couple of months. September Community Garage Sale on September 20th from 9:00am until 2:00pm. It will be in the overflow lot across from City Hall. Call 770-921-2210 for more info. Town Hall Meeting on September 30th at 7:00pm. I
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09/18/2008
