Word: guessing
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...reality, to run the test, you have to guess not just which borrowers will stop paying but also when. Some losses will be covered by profits elsewhere. So the firm's bottom line must be estimated. The variables leave plenty of room for the government to make some banks look better or worse, depending on the assumptions it makes. Not so cut and dried. (Read "25 People to Blame for the Financial Crisis...
...results this year, as projected by Wall Street analysts. Besides the hit that banks will take for soured loans, the firms also have losses in their investment accounts. But since markets go up as well as down, we stuck to the actual cost of their lending foibles rather than guess where the market for debt is headed next...
...describe it. I think a good example of other people that have inspired me over the years come from the songs that I've covered. This new album has [Buddy Holly's] "Rave On" and [Chet Atkins's] "Oh Lonesome Me" so those are some others, I guess...
...duet with Lucinda Williams. That's a pretty big change. I stay pretty focused on the act of writing and recording. I still go through the same process, it has not changed. At all. The influences are growing because I'm meeting more people, I guess. And I spend more time talking to journalists...
Your new book is a poetry collection. You began as a poet, didn't you? Yes. I guess the thing that I'm most proud of is that I kept on writing poetry. I understand that poetry is sort of the source of everything I do. It's the source of my creativity. I go on using it as a way into my deeper mind. Often I find that poems predict what I'm going to do later in my own writing, and often I find that poems predict my life. So I think poetry is the most intense expression...