Much of the complexity that we struggle with stems from these seemingly innocuous, innocent and well-intentioned requests which mushroom into invisible processes that take time and effort while adding only minimalvalue.
This meant that when panic selling by some troubled institutions to raise capital drove the value of mortgage related securities to virtually zero, all institutions had to change their books to reflect this minimal market value of the securities.
McKinny also told Darden that said she had not produced the tapes earlier in order to protect her sources and because she considered them to have minimal evidentiary value.
Even for bigger international beasts that can leverage their own balance sheets at minimal cost, shareholders would expect them to find far better value beyond US shores.
George also opined that the salvage value of the component materials of the house was minimal and would be offset by the labor cost of hauling them away.
Or, for even better value, students might look to Europe where fees tend to be minimal and where growing numbers of universities are teaching degree courses in English.