Viewing profile — mcnees287
mcnees287
HN member- Joined
- Wed, Mar 02, 2011, 11:21 PM UTC
- HN karma
- 86
- Public activity
- 38 items
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About mcnees287
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Recent public activity
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Comment #13162582
Julia
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Comment #13043409
You assume available jobs are located near where teenagers live? In many cases the jobs are located in remote areas with small populations (most agricultural work). Also, I want mi…
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Comment #12712222
Second Ally Bank. I've used them for about 3 years now, and can only say good things. Their newly offered credit card is run by a third party, which I might avoid. Standard banking…
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Comment #12316467
I see. You are clearly a troll. But a clever troll, as you have some background knowledge here.
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Comment #12314404
I think the comment is referring to the fact that one can write CDS on top of an underlying instrument. So, if I have $100 million in MBS, other parties, or even myself, can write …
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Comment #12313869
Yes. FHA and the GSEs pool mortgages from banks, stamp them with their guarantee, and then sell the loan pools as MBS to investors. (Most) banks, especially small ones, are unwilli…
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Comment #12313779
It sounds like a reasonable theory on its face. However, the outcome of this is likely that banks will stop making loans all together. If they were to offer mortgages at all, it ce…
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Comment #12313651
It's just insurance. One side pays the other side if a certain outcome occurs. In exchange for protection from the outcome, the side seeking protection pays a fee.
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Comment #12313499
Meaning, the mortgages (default risk) are guaranteed by the government, either explicitly (FHA) or implicitly through a government sponsored interprise (Fannie and Freddie). After …
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Comment #10748873
It's likely priced in already.
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Comment #10605243
And why is that? Technically, we could repay all of our debt, at any time, as we print our own currency. There are long-term implications for what you are talking about, but we are…
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Comment #9736147
Second the Benq. I'm using one with my macbook pro via miniDP. Great experience.
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Comment #9181350
You don't exercise, do you?
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Comment #8313953
I think you're reading too much into the conspiracy theories here. The quantitative easing (QE) programs are designed to decrease long-term rates, in other words, flatten the yield…
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Comment #7537474
People who trade more are benefited from low bid/ask spreads. HFT necessarily helps them.
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Comment #7349328
This is an interesting comment, but Icahn's recent actions (last three to four years that I am familiar with) are driven by nothing more than the motive for short-term profit. The …
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Comment #6657921
Financial times daily. Local business newspapers are also good: http://www.bcbr.com/
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Comment #6572787
MV=PQ Where, M=money supply V=times money changes hands in one-year P=price level Q=GDP The assumptions for this model are often missed, and include: 1.No excess reserves 2.No inte…
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Comment #5858901
Do you support the violent overthrow of the government? Many people would die.
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Comment #5790387
Do you really believe this? It would fit the narrative of the evil financial system, but I would be carful allotting credit for such a scheme. Sometimes shit happens.
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Comment #5789995
That's defense; it's purely semantics.
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Comment #5789916
We believe in defense.
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Comment #4196229
If you only hear one side of the story you can't make an informed decision. Fact is the entertainment industry lobby is well organized and able to have their voice heard. The gener…