Word: expected
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...Here's where things start to get interesting: A lower price translates into a high potential return for an investor. When the loans were made, an investor who bought them at "par," or the dollar value of the loan, could expect a return of around 7%. That's a more than acceptable rate of return if you believe you will get paid back. But now that defaults are rising on home loans, investors are demanding higher returns to compensate them for the risk that a mortgage will end up delinquent or in foreclosure. A price of $0.26 implies that investor...
...loans should be willing to pay more than someone who has to buy that same asset with just their own cash. Based on TIME.com's analysis, an investor, using the 6-to-1 leverage the government is providing, can pay as much as $0.70 per dollar lent, and still expect to get the same return as an unlevered investor...
...nerdy, studious guys, the research suggests they can't expect to be fruitful unless they become more like the bullies who tormented them as boys. That's because, as past studies have shown, the higher your intelligence, the less sex you tend to have - and, therefore, the fewer kids you will have. The last 20 years have been a golden era for dorks as video games and graphic novels and software engineering have become respectable, even mainstream. But in the end, the brutish football players who tormented them in high school will likely win in the merciless world of genetic...
...might expect such confidence from a well-seasoned upperclassman—not a bright-eyed freshman from San Diego, Calif., especially one forced to adjust to a higher level of play as well as a new climate. Brown, however, exhibits tenacity far beyond her years...
...London meeting will last only a day, and its agenda is potentially vast, so don't expect everything to be settled. Remember, too, that the outcomes of international summits are, in the jargon, "precooked." That is to say, unless something goes really wrong, the final communiqué will have been hammered out in advance by the summiteers' "sherpas" - the officials who do the heavy lifting for heads of government before the grand panjandrums get together for their little chats...