Word: broking
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...number of analysts said Citigroup needed as much as $300 billion in new capital to survive. The government thought insuring the loans, rather than the more costly and politically difficult path of just handing Citigroup money directly, would be enough to stabilize the bank. (Read "Why Your Bank Is Broke...
...digital art brush. Morel, a cinematographer directing his first feature, kept things moving and snarling with a scuzzy brio and made expert use of the artless screen presence of the leading men (one a stunt man, the other a co-creator of parkour). The picture barely broke $1 million at the North American box office, but you can bet the makers of the Bourne and Bond films were watching...
...Yoooo, why won't you let me be great!!!' KANYE WEST, rapper, blogging after hackers broke into several of his online accounts...
...Last week's riot, which involved more than 2000 demonstrators who broke windows, banged on pans and drums and hurled eggs and skyr, a kind of Icelandic yogurt, at parliament and at riot police, seems to have shaken Icelandic politicians. Two days after a throng of angry protesters beset his official car on Jan. 21, Prime Minister Haarde called a press conference to reveal that doctors had found a malignant tumor in this throat and that he would step down. In an unexpected move, Haarde called for an election in May, only days after firmly and repeatedly denying the possibility...
...problem was that in doing so, Thain broke another cardinal rule: Don't surprise the boss - especially on the negative side. Lewis was reportedly apoplectic about the size of Merrill's losses in the fourth quarter. But here's a question: What were BofA's risk managers doing? When BofA did its due diligence, it certainly went over Merrill's trading book. If the losses were tied to positions that had already been taken, then shame on BofA. If Merrill's traders made bad bets in the fourth quarter, it's worth asking again, Where were BofA's risk...