Word: buyer
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...York's Jewish Theological Seminary, a body of the Conservative arm of Judaism, puts it, "What any religious tradition calls on us to ask is, 'how can I make money and simultaneously be a responsible member of the society in which I live, protecting the interests of both the buyer and the seller?' Clearly that consideration was absent from this whole process...
...Hidden Flaws and the "Reasonable Man" Medieval jurists like Maimonides identified a more specific kind of bad advice. They tackled the idea of the "hidden flaw," which, Levine points out, leads directly to a demand for fiscal disclosure. "If you sell an animal, you had to disclose to the buyer what the hidden flaw is," he explains. Not only that: "the disclosure has to be made so that a 'reasonable,' or average man can decide" whether to buy. Once again, almost the entire chain of transactors in the mortgage crisis is guilty: predatory brokers for not alerting working-class borrowers...
...womens' bath but neglected to do have them do so, he can't complain. This suggests (feminist complaints notwithstanding) that culpability in sub-prime crisis does not lie solely on the mortgage broker who glided over the fact that payments ballooned in the third year; but also on the buyer who happily neglected to read the fine print: : "Ignorance of the facts is no defense," Diamond says...
...obsessing over player stats, may be surprised to find that prices aren't tied to specific performance criteria - touchdowns, home runs, rebounds. So if Peyton Manning throws five touchdown passes on Sunday, his price won't automatically shoot up. But if you own him at, say, $15, and a buyer (or some would say, sucker) wants to give you $20 for it, you profit...
...good. While analysts generally believe that Goldman and Morgan Stanley will survive the meltdown, that view is not unanimous. Says doomster New York University economics professor Nouriel Roubini: "They will be gone in a matter of months as well. It's better if Goldman or Morgan Stanley find a buyer, because their business model is fundamentally flawed." Both firms would beg to disagree, but their stock prices have been hammered...