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6 Jun 2011, 3:12 pm by admin
  Information networks (and for that matter, government is an information network) are comprised of people linked in extensive and evolving value chains. [read post]
14 Apr 2011, 8:47 am by admin
Smith   Having by now written extensively on China, I’ve become convinced that three mutually reinforcing phenomena underlie its real estate and affordable housing challenges:   1. [read post]
15 Jul 2010, 7:51 am by admin
The incentive problems: principal write-downs are not simply a matter of writing down the principal of people who would have been foreclosed upon, instead of foreclosure. [read post]
1 Apr 2011, 3:28 pm by admin
Smith       “It’s good enough for the poor. [read post]
25 Jul 2012, 8:55 am by admin
  Sub-sovereign entities like cities and states have no inalienable right to tap financing – and for that matter, neither do sovereign entities like Greece. [read post]
2 Feb 2011, 9:30 am by admin
Smith   Just as matter and energy are alternate forms of the same cosmos, so too are markets and information alternate forms of capital movement. [read post]
9 Dec 2010, 1:56 pm by admin
Smith    I had good intentions, m’lud   “Thieves respect property. [read post]
23 Feb 2011, 6:57 am by admin
Smith   Markets love numbers, because they enable quick comparisons, and as a result we too easily fall into the trap of thinking single indicators stand for everything (AAA rating, anyone?). [read post]
20 Jan 2011, 11:44 am by admin
 Complicating matters, he and his wife had allowed Holly’s older sister, her husband and their two children to move in with them after they lost their home to foreclosure in 2008. [read post]
9 Jul 2012, 8:12 am by admin
Smith   I confess I never understood LIBOR to begin with. [read post]
9 Jan 2012, 6:48 am by admin
Smith   Affordable housing is hard enough to create when the goal is solely that of economically and socially healthy communities – but when production is undertaken to create construction and keep a supply-driven economy humming, the odds of delivering successful communities drop even further. [read post]
11 Aug 2011, 7:14 am by admin
Smith   [Continued from yesterday's Part 3 and the preceding Part 2  and Part 1.] [read post]
17 Aug 2012, 7:24 am by admin
Grandil, a partner at Altexis, which specializes in tax matters for corporations and the wealthy. [read post]
8 Jun 2012, 6:00 am by admin
Smith   Cautionary tales and schadenfreude snickers abound in this little woe-is-me morality play from the New York Times:   State Bonds in Jeopardy as Tobacco Cash Fades   At the time it happened, I thought the states’ litigation settlement with Big Tobacco had very little to do with public health, and a great deal to do with tort lawyers, state-level finances, and the tobacco companies’ desire to buy themselves a quarter-century immunity from further harassment… [read post]