... I may ask for Treasury to take over some "troubled assets".
Contest: can any of my readers suggest a multi-word, multi-syllabic, financial-instrument-sounding name for a PowerBall ticket? Using Enron-esque accounting I can value it at $20Mn - which value I honestly believe to be "impaired". If Treasury could take it off my hands at 10% of valuation, I'd be really happy.
Sing a song.
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Isn't that high risk venture capital with potential significant earnings?
ReplyDeleteI offer:
ReplyDeleteProbabilistic Innumeracy Supporting State Education Dollars.