What is Something Worth?

Only what someone is prepared to pay for it at one moment in time, apparently!  And I think that’s the only judgement call to be made.

Judge approves $1.3bn Lehman deal

Summary: In a ruling yesterday, Leyman’s, the bank with a problem of confidence, has been flogged for $1,300,000,000 to Barclay’s Bank, the bank with an historical problem with honesty, honour and trust in Africa.

This is $1.3 billion.

Apparently, the company “handles accounts” “worth” $138 billion, that is $138,000,000,000 in real money.

So is that it’s “worth”?

Only what someone is prepared to pay for it at one moment in time, apparently!  And I think that’s the only judgement call to be made.

ed: The word “worth” seems to be reverting to it’s Olde English derivation now – not some infantile game of brinkmanship and double-dealing.

Amazon Related:

ME FOR PM! black kids T.shirt

Kosmos - The Catane Colonists - Extension : Politics and Mysteries

• UK economy in hock Chancellor Alistair Darling has put the UK economy in to hock with his £118 billion spend now pay later gamble...
• Paying Off Debt And Saving Money Can Be Done At The Same Time. I have been reading a lot of posts at financial websites lately about the trouble people are having paying off...

Related Posts by Tags

• How Summer Camps Could Change Britain (1)
• Three Good Environment Plans (0)
• Spiralling Pensions Scandal (1)