Word: worthing
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...clear where the banks are getting their prices. Some of the firms derive the asset values from financial models. Others try to gauge how much a group of subprime mortgage loans might be worth by looking at a price index, called the ABX, of related credit-default swaps...
...time of pessimistic forecasts and rising fear, many toxic assets are probably worth more than the bank models or credit-default-swap indexes suggest. For example, a recent reading of the ABX index puts the value of even the highest-rated subprime mortgage bonds created in 2007 at only 27% of their precrunch prices. Yes, Americans are behind on their mortgages, but even the most pessimistic prognostications do not predict that 73% of home loans will become worthless. (See pictures of the dangers of printing money...
...doesn't matter whether it is secure or insecure - gives psychological improvement over unemployment." Burchell hypothesizes that the difference in men is that they tend to feel pressure not only to be employed, but also to be the primary breadwinner, and that more of a man's self-worth depends on his job. (See pictures of the top 10 scared traders...
...support me in all things, and I’m greatly appreciative of that. 7. FM: You mentioned that you worked by zip code. How were the numbers for 02138? Did we beat Yale?BGE: [Laughs.] This is just going to take a second. It’s well worth doing. [Long pause as he crunches numbers.] I’d say the driving factor here if we compare 02138 to 06511 is that they’ve got 50% more people and only two more porn subscriptions. So I’d have to say Harvard folks are subscribing...
...luck abroad again, I asked? The news of the recent boatpeople's experiences in Thailand had reached Arakan. He nodded, bouncing a child on his lap. Then, village elder O Lam Myit spoke. "I am old, so I cannot go," he said. "But for the young, it's worth risking death to go abroad. What's the point of staying here, in a place where we can do nothing...