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are their own.   Business 1,763 views  How To Train Your Owners:
Jeff Bezos Edition  Justin Fox comments on Wall Street’s
willingness to give Jeff Bezos whatever he wants    Fox is
dismissive of finance theory, but goes on to give an explanation
ready made for Bob Lucas could love.    If we think that Broker-
Dealers rationalize market prices and what broker dealers value
is an asset which generates cash precisely when Broker-Dealers
are themselves short of cash then Bezos is better than the US
Government.  The US Government gets to borrow money for less
than free, because Broker-Dealers know that when worst comes to
worst you can always trade T-Bills for cash through Open Market
Operations.  Bezos apparently gets equity investments for free
largely on the same terms. The deal works like this. When there
is plenty of money to go around Jeff can always find a way to
spend it.  Yet the mom