Uncategorized

US Treasury Bonds Sold but Not Delivered

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Notes: 
For the last couple of months trillions of dollars worth of US Treasury bonds have been sold but undelivered, as trades have gone unsettled, an event so common that the industry has an acronym for it: FTD, or fail to deliver.
Source: 
US Treasury Securities, Federal Reserve Bank of New York Primary Dealers only

cpzilliacus

Basic Info
Name: 
C. Patrick Zilliacus
Silver Spring, Maryland

Bill Steigerwald

Basic Info

Bill Steigerwald, born and raised in Pittsburgh, is a former L.A. Times copy editor and free-lancer who also worked as a docudrama researcher for CBS-TV in Hollywood before becoming an associate editor and columnist for the Pittsburgh Tribune-Review.

Voting Shift Map, Change in Margin of 2008 Presidential Election

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Notes: 
Size of bubble (MARGIN08) indicates number of votes shifted. Color of bubble (CHMPC) indicates margin of shift towards Democrats or Republicans. For discussion of this map, visit: http://www.newgeography.com/content/00434-understanding-geography-2008-election

A Great Philadelphia

Basic Info
Name: 
Kendra Elizabeth Fretz
k.e.fretz
Philadelphia, PA

Rick Cole

Basic Info

Rick Cole is the City Manager in Ventura, California, where he has championed smart growth strategies and revitalization of the historic downtown. He previously spent six years as the City Manager of Azusa, where he was credited by the San Gabriel Valley Tribune with helping make it “the most improved city in the San Gabriel Valley.” He earlier served as mayor of Pasadena and has been called “one of Southern California’s most visionary planning thinkers by the LA Times.” He was honored by Governing Magazine as one of their “2006 Public Officials of the Year.”

Annual change in value of real estate and mortgages

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Source: 
FRB Flow of Funds data, author’s calculations. Third quarter 2007 to third quarter 2008 are quarterly observations.

Value of household real estate and mortgages (level)

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Source: 
FRB Flow of Funds data, author’s calculations. Third quarter 2007 to third quarter 2008 are quarterly observations.

Value of Home Mortgages as a Percent of Residential Real Estate

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Source: 
FRB Flow of Funds data, author’s calculations.

Real Estate versus the Stock Market

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Source: 
Equity is measured as residential real estate holdings less mortgages, as a percent of total assets. DJIA is the Down Jones Industrial Average, a common measure of the stock market.