Word: worthlessã
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...interning at an asset management firm in New York, and by the end of the next month—once Bear Stearns had wound-down the funds as officially worthless??all of my colleagues, from the most senior money managers to the lowliest analysts, had sat through a number of crash courses in our conference rooms 40 floors over Midtown, covering the inner-workings of “mortgage securitization.” This process governs how a home buyer’s payments make it from Main Street to Wall Street, and what happens when the flow...
...University wrote in the brief that the government could not feasibly claim that personal investments rendered the HIID program “worthless?? when the government agency in charge of the program had lauded its success in funding requests to Congress...
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