Category: Primer Posts

Lending collateral: the Quadruplet Borrowers, Part 1

21 May, 2008 (09:03) | Primer Posts | No comments

“Our friend the Worldly Philosopher appears to have underestimated his vulnerability to appearances and the triumph of mob psychology,” said Holmes dejectedly, laying aside the Positions Wanted section of the Times.  “That is a pity, for it obscures the greater question facing his charitable society, and that is what lending they should pursue.” 
“What type?” asked […]

The ultimate consultant: who you gonna call?

16 April, 2008 (08:08) | Humor, Primer Posts, Theory, Workouts | No comments

[Continued from yesterday’s Part 1.]
 
Yesterday’s post introduced the quintessential consultancy, the Ghostbusters, and illustrated their business and marketing brilliance. 
 

I owe my success entirely to my time not studying in college
 
We continue with their rules of being a successful consultant:
 
E.         Often your consulting will involve housing.
 
[Louis is being chased by a demon dog] Louis: [frightened] […]

The ultimate consultant: Ghostbusters

15 April, 2008 (08:47) | Humor, Primer Posts, Theory, Workouts | No comments

In addition to being a research and educational institution, AHI is a consultancy – we are specialists brought in to solve particular large, complex problems (or rather, to help people solve the problems themselves, since like other consultants we go away when the job is done).

Can we possibly restructure this financing, kemo sabe?
 
In the twenty-plus […]

House-locked

7 April, 2008 (11:08) | Markets, Primer Posts, Subprime, Tenure, Theory, US News | No comments

We think of a home as security – if you own it, no one can take it from you – and that security comes at a cost, in capital investment and reduced mobility.  Most of us willingly make that trade.  We like the familiar nest, the morning-evening commute to and from work dividing our lives […]

The wetware credit bureau

21 March, 2008 (09:30) | Lending, Primer Posts, Theory, World news | No comments

Is lending about trust or distrust?
 

All others pay cash?
 
Sherlock Holmes believed that debt says, I don’t trust you.  As he put it:
 
 “Consider debt.   I lend you money, which you promise to repay, in regular installments.  Everything about the transaction breathes distrust.  In fact, while I personally am no romantic” — Watson broke out in a […]