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Geoffrey Chandler's blogThe Most REASONABLE bailout I have read yetThe most direct method of intervening is at the point of foreclosure through the courts. One way of doing this would be to give judges the ability to write down principal, and to assign the balance as a deferred “property appreciation right” (PAR) to the lender. This would reduce foreclosure rates, preserve the value of the existing mortgage securities, and avoid concerns about fairness. zombie banks of Japanhttp://www.chicagogsb.edu/capideas/sep06/3.aspx Calling the Wolverines.
Option ARM for the WIN!Option ARMs originating in 2006 make up about $140 billion of the $350 billion of outstanding option ARMs, and 45% to 50% of them are expected to default, according to an analysis this past summer by Lehman Brothers. The 2007 option ARMs, which were originated just as home prices began falling, were expected to perform similarly badly. How can game publishers capitalize on second hand sales?http://online.wsj.com/article/SB123249378212700025.html?mod=yahoo_hs&ru=... The used-game business is very profitable, too. GameStop's gross profit margin was a hefty 48% for used products in the quarter ended Nov. 1. In contrast, gross margins for new consoles and games are 7% to 20%, according to analysts. F.E.A.R. 2: Project OriginF.E.A.R. 2: Project Origin, a game I am working on right now at WBGames, has a demo going up this week. The demo certainly worth the download, and I am sure that it will make you want the full game on February 10th. A LetterDear Bob, I personally do not have money to offer, but I can send you this email. Of course, if this is all a viral deal for a small developer, simply delete my email and accept my kudos for a job well done. Carter 2.0I want to talk to you right now about a fundamental threat to American democracy... I do not refer to the outward strength of America, a nation that is at peace tonight everywhere in the world, with unmatched economic power and military might...
Why I love Calvin and HobbesI am aware that this image is so large that it breaks the page, but then again, it may not really be possible to break this page. At least not any more broken then out governments economic program.
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