| The Robert Rubin and Ben Bernanke Death Embrace
Robert Rubin: Dr. Chairman, it's your old friend Bob over at Citi. Bernanke: Oh Bob, what a pleasure. It's nice to hear from you again. What can I do for you? Rubin: Well Ben, we've got some problems over here. Now I trust you will be discrete on this. We can't let this get out in the market. I think we're insolvent. Bernanke: What? Rubin: See we have about $65 billion in capital, but we have $55 billion in Super Senior CDOs, and no one will buy them from us. Bernanke: No one? Rubin: We can't sell them for $1. I'm now being told that if no one wants to buy pieces of paper from you, it turns out they are worthless. Believe me. I'm as shocked as you are. Bernanke: But don't you have a lot of cash flow? That's what I've been hearing on CNBC.
KKSV Enters into a Letter of Intent to Purchase the Majority of Codima ...
Codima Technologies is a privately held company based in London, UK and a global provider of best practice software tools. Terms of the agreement were not disclosed. Codima Technologies develops; sells and markets Codima Toolbox, software tools for VoIP Management and Infrastructure Management helping organizations manage their network infrastructures. Codima Toolbox delivers a unique beginning to end solution. The VoIP tools test VoIP networks for VoIP readiness and adds post-deployment monitoring, troubleshooting and analysis to ensure Quality of Service for VoIP networks. The Infrastructure Management tools discover, visualize and report on hardware and software installed, on any network using Microsoft Office Visio. Main tools are Codima autoVoIP and Codima autoMap.
Windfalls would aid infrastructure, Dion says
I hope the debtors will write off all those debts since it will take Canada almost 100 years to pay off everything. It's like why no spacecraft has ever travelled to Pluto since there's no point and will need to travel faster than the speed of light. Posted 15/02/08 at 9:35 AM EST | Alert an Editor | Link to Comment .
NBC Turns Upfront Into ‘Spotlight’
David Cone, who hurled a perfect game in 1999 and helped win four World Series, is back in pinstripes as an analyst for the Yankees Entertainment & Sports Network. Following the YES press conference, Multichannel's Mike Reynolds asked Cone about the transition from playing the game to commenting on it. .
Economy fears drag down US stocks
Economy fears drag down US stocks US markets dropped last week as fears mounted about an economic slowdown. In Europe, concern that the banking slump would continue weighed heavily on share prices. It is highly likely that downward movement can be expected in both the US and Europe this week. .
Working Paper Synopsis: The Search for the Beta of Commodity Futures
In accordance with the principles of modern portfolio theory, sophisticated investors have increasingly sought to diversify their portfolio through the use of alternative investments. An "alternative investment" is generally regarded as supplementary assets or trading strategies other than long-only exposure to "traditional assets" such as stocks, bonds and/or cash. Alternative investments include various assets such as commodities, currencies, emerging markets and private equity, as well as a variety of trading strategies such as convertible arbitrage, distress securities, global macro, long-short equities, managed futures, short selling, etc. Adherents commonly assert that alternative investments has (i) a low to negative correlation compared to traditional investments, (ii) historical performance which reflects the potential for attractive positive expected returns, and (iii) is capable of acting as a hedge against inflation.
Misadventures in Atlanta
Where you'll find me on a Friday night: cooking and playing cards with friends, dining at a new restaurant or hanging with the girls... Who is Wise Diva? A 34 year-old transplant to metro Atlanta who has found her dating experience here quite entertaining... What's on this page → The entry titled "Old School Dating," and any of the comments about it. Access all your favorite blogs from myajc! Learn More Have a discussion idea? Send your ideas, comments, questions and suggestions to Bella. Categories About Bella About Laney About Mia About Wise Diva Atlanta Breakups Current Events Dating Family He Said/She Said Holidays How We Met Marriage Matters of the Heart Mix & Mingle Pop Culture Relationships Sports .
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