Novy-Marx concludes with a thought experiment where he substitutes GASB accounting with an identical system where future liabilities are discounted at the muni rate (after all, the risk of non-payment to pensioners is no different, or in most case lower, than the risk to bondholders).
FORBES: Want To Make That Public Pension Look Healthier? Burn The Cash
In most every case, the president or president-elect has the right to nominate a person to a given position.
In the most famous case, America's tax breaks allow it in effect to hire the world's most successful businessman, Bill Gates, as its agent for good works, buying the public the benefit of his acumen.
In the most recent case, two teenagers were arrested in June for posting racist remarks on Facebook.
The acceleration hit storybook levels in the most sudden case of all, that of Germany in 1922.
In the most dramatic case, Arizona, home appreciations slowed by 26% in 2006.
Panmure Gordon analyst Sandy Chen also points out that, as prudent as HSBC has been with its investment banking business, it has made some opportunistic acquisitions of distressed assets in the past, most notably in the case of Household International in the United States.
In 2002, after losing repeatedly in court on the issue (most recently in a case involving Sutherland Lumber-Southwest ) the IRS conceded that companies could deduct their full costs.
In any case, most of the material had been disclosed by an American court in November, in a separate case.
In any case most inaugural addresses are rather badly written, and I would know.
In the most recent case, Crawford is accused of killing 41-year-old Tonya Simmons on Dec. 4.
In the most notable case, the FLA II Series C investors had no Facebook shares at all.
FORBES: Secondary Firm Made Aggressive Email Pitches For Many Private Tech Companies
The challenge is to decide which numbers are most significant, and in some case, which are most credible.
And while public comments can always be fan mail, in this case most of them opposed the contraception provision.
FORBES: Controversy Over Contraception Misses the Economic Point
In the most recent case, authorities say ricin-laced letters were sent to New York Mayor Michael Bloomberg and his Washington gun control group.
In his most famous case, he defended former Vice-President Lt-Gen Christon Tembo and others who were charged in 1989 with plotting to overthrow Kenneth Kaunda.
In the most publicized case, a 5-4 landmark decision, the court ruled that greenhouse gases are pollutants and are thus subject to regulation by the Environmental Protection Agency.
In the most recent case, the infant developed a fever seven days after circumcision and vesicular lesions the following day, according to a press release from the city health department.
In the most recent case, he hit upon the succession issue, one of intense interest to Indonesians throughout the nation's more than 6, 000 inhabited islands and nearly 2 million square kilometers.
For example, in the most recent case, Mead v.
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In the most recent case, it was accused of sowing panic for running spots challenging the constitutionality of the government's decision to postpone the swearing in of Chavez, which was supposed to have occurred Jan. 10, due to the cancer that ultimately killed him.
The SEC contends in its most recent case that Thomas Badian's brother, Andreas Badian, an official at Rhino, directed three brokers who were affiliated with Refco Securities, (two of them were also affiliated with another brokerage that was named in the case) to sell short massive amounts of Sedona shares with "unbridled levels of aggression, " intending to "clobber" Sedona's stock price until it collapsed.
In Thailand, foreign creditors have been shabbily treated, most notably in the case of Thai Petrochemical Industries.
ECONOMIST: Time for Asia's companies to move out of the shadows
In the most high-profile case yet, in June cable thieves disabled the signalling system near Woking in Surrey, causing massive disruption for around 80, 000 passengers in the evening rush hour.
BBC: Rail cable theft: Up to eight cases a day, MPs are told
In case of a national emergency, Americans are most trusting in local law enforcement in case of a shooting (58%), the FBI in case of a terrorist attack (53%), the Centers for Disease Control in case of a pandemic (49%), and the Federal Emergency Relief Administration in case of a natural disaster (45%).
FORBES: Americans Neither Worried Nor Prepared In Case of a Disaster: SUNYIT-Zogby Analytics Poll
In the Chrysler case, most of our investment is in the form of debt.
In the most notorious title-selling case, in Heilongjiang province in the north-east, 260 officials at various levels of government were caught buying and selling posts.
ECONOMIST: A transition year gives plenty of opportunity for foul play
As is the case in most cities, more police on campus usually means less crime.
In such a case most bosses will figure it's easier to do the work themselves.
Because in this case, most of it goes to rich people and very few to poor people.
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