To say the least, the market for these bonds is not robust: as of last week, a bond with a face value of $100 was trading at around $60. Professor Greenstone calculated that, from the markets' standpoint, the implied default risk over the life of the bond was about 80percentt.
From the standpoint of historic default rates, credit looks like the world's biggest bargain.
On the whole the Sense UI is as impressive as the Palm Pre's and, from a purely functional standpoint, better than the default interface for the iPhone.
From a purely economic standpoint, the likelihood of a U.S. default is nil.
The problem, from Mr. Paulson's standpoint, was that insuring against mortgage defaults would do little to increase liquidity, or the amount of money available for making loans.
From a purely visual standpoint, it's miles ahead of the default Android interface; toss in things like an improved touchscreen keyboard, fantastic HTC-built applications (like their Twitter app, Peep, and the custom-built media player), and (variably functional) Flash support in the browser, and it's really just one of the best Android experiences you can have.
"I think you gotta take [Treasury Secretary] Jack Lew at his word, but from the standpoint of does that put us in default?
One of the things that the Trillion Dollar Platinum Coin is helping to achieve -- besides serving as a wonderful counterpoint that illustrates precisely how crazy the debt ceiling truthers and default denialists are -- is a pretty fantastic development from an educational standpoint.
Until rules for and assessment of blinding are developed or surrogate measures are considered to be acceptable from a regulatory standpoint, an open-label design with objective end points is an unavoidable default standard.
From a functional standpoint, the posterior part of the dorsal mid cingulate cortex is part of the default network that is considered a physiological baseline of the brain where activity is consistently diminished during cognitive tasks and increased during rest (59).
