Tag Archives: damages

Why has this been the big deal in California?

Budget deficits are awful for individuals. This means they are spending more than their income. But governments are not individuals. Their purpose of existence or role in the economy is different, have different borrowing and revenue capabilities, and their ‘lives’ never end.

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Stock Market Today

The Dow Jones Industrials fell over 200 points today. This is a typical stock market over-reaction to a not so news- worthy event. The event was our President remarking that commercial banking business should be separate from investment services business.

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The Discount Rate ‘Controversy’ – Much Ado About Nothing Part 1

Often in litigation matters involving economic damages, opposing counsel and opposing experts attack the figure used, by their opponent, for the discount rate in present value computations.

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