- Original Message -
From: "Ian Murray" <[EMAIL PROTECTED]>
> >
> > [Krugman reviews Greenspans performance. Interestingly, according to
> > Krugman, Greenspan seems to have said exactly the opposite about margin
> > requirements at the time]
> >
> ==
>
> The openness
> After all the investors in these securities are not
> stupid - most are large institutions (they usually
> have to meet certain requirements to access such
> instruments) - and in part that is the shoe that has
> yet to drop in the Enron scandal: who were all the
> investors in the off balance
One dimension of this issue that Nomi left out of
an otherwise excellent assessment of this instrument, is that the off
balance sheet special purpose entity is considered bankruptcy remote from
creditors of the parent company. Thus, investors in the securities issued
by the SPE believe they
Nomi writes:
> Airlines do this all the time, too. They borrow
> money to buy airplanes, 'sell' the airplanes to
> a special purpose entity, which is owned by them,
> and then lease the planes back from this special
> purpose entity.
Michael writes:
> I recall reading in a Nader report from the
Robert Biel, "The New Imperialism":
Any more rational human society that is developed in the future will
inevitably regain some characteristics which look 'like' pre-capitalist
traditional society. Even where capitalism has been perfectly successful
in abolishing all direct links with traditio
Economic Reporting Review
By Dean Baker
September 3, 2002
You can sign up to receive ERR every week by
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x.htm.
Yes, thanks. I did read that; it was probably that article I had in mind,
plus more stuff from the UC Berkeley strike, when I wrote the post below.
Joanna
At 03:06 PM 09/03/2002 -0400, you wrote:
>At 02:58 PM 9/2/2002 -0700, joanna bujes wrote:
>>The current situation in academia is the triump
While taking a quick look at the Bard College home page, I was stunned to
see a link to video coverage of Milosevic's kangaroo court show trial,
which is provided through a joint project of the Human Rights project at
Bard and an outfit called the International Center for Transitional Justice
At 02:58 PM 9/2/2002 -0700, joanna bujes wrote:
>The current situation in academia is the triumph of divide and rule
>tactics. It is an enraging, nauseating situation. However, if current
>drifts continue (what is it presently?... 70% non-tenured, 30% tenured
>nation-wide?), it will simply come
[what would an URPE school look like?]
[NYTimes]
September 3, 2002
Back to School, but This One Is for Top Corporate Officials
By ANDREW ROSS SORKIN
CHICAGO - The class was not faring well. On its accounting exam the average
score was 32 percent. The teacher was particularly exasperated that so
- Original Message -
From: "Michael Pollak" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Tuesday, September 03, 2002 12:27 AM
Subject: [PEN-L:30008] Re: Greenspan at Jackson Hole
>
> [Krugman reviews Greenspans performance. Interestingly, according to
> Krugman, Greenspan seems to
Title: the poor dears!
Millionaire's club shrinking
Number of high-net worth individuals falls 11 percent
By Cecily Fraser, CBS.MarketWatch.com
Last Update: 12:50 AM ET Sept. 3, 2002
LOS ANGELES (CBS.MW) - The nation's community of millionaires is losing members for the first time in more th
Title: economic crystal-gazing
September 1, 2002
Forecast Too Sunny? Try the Anxious Index
By DAVID LEONHARDT
[Y] ou almost wonder whether Wall Street's economists were competing with their colleagues in equity research departments to see who could make worse predictions.
While the analysts
Ok, comrades, thanks for the ideas. We're fighting fires here in
Jo'burg (massive police attack a few hours ago on a Palestine-solidarity
rally against Peres). I should just give context, that this article was
written in very softly-softly mode because it was invited for the main
WSSD website (I
[Krugman reviews Greenspans performance. Interestingly, according to
Krugman, Greenspan seems to have said exactly the opposite about margin
requirements at the time]
The New York Times
September 3, 2002
Passing the Buck
By PAUL KRUGMAN
S omewhere I read about a conference on optimal e
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