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...troubled of the big banks, Citigroup, the figure is 27%. (Citi's domestic depositors account for just 16% - its main deposit base is overseas.) These bank bonds are mostly in the hands of large, sophisticated institutional investors - pension funds, insurance companies, mutual funds. It may be too much to ask small depositors to monitor the risks at the banks where they put their money and pay for getting it wrong. But these bond buyers are pros. If there is to be any market discipline of risk-taking by banks, bond investors ought to be the ones who enforce...
Next Questions Ask Ford CEO Alan Mulally your questions for an upcoming interview, at time.com/10questions...
...have to ask if there was something more timely to make fun of...we feel like someone got excited about this idea in November and wouldn't budge. And we're all for parodies being a couple of months old, at most. We should have felt more lame and out of touch for not getting it, and instead we just felt a bit awkward...
Talk radio is the only medium that conservatives dominate in the U.S. Is it really shrewd for conservatives to begin their political exile by attacking the leading figure in that world? To ask is to answer...
FlyBy would like to welcome you to the VOID on this fine Monday evening. What is the VOID, you ask? Technically, it is nothing more than the space of time between 5am and 8am. But, in truth, it can only be described by those who have been there. It is cruel. It is painful. In its wake lie nothing but tears, agony, and spent cans of Red Bull...ineffective as usual. Try as you may to flee to the sanctuary of The Onion, Youtube, or FML...to no avail: the VOID is a black hole that seeks to sucks...