Word: buying
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...Going home will be a welcome rest from the chaos of finals period. Buy your parents something from the COOP for Christmas and try not to drop the H-Bomb on your friends...
...there will be plenty to buy. "There's probably a lot of financial institutions that hold mortgage debt today that just can't hold it long-term and will eventually have to be sellers, whether it's regional banks or major financial institutions that need to deleverage," says Greg Ressa, a partner and head of real estate at Simpson Thacher & Bartlett LLP. (See 25 people to blame for the financial crisis...
Second, pricing the asset right is tricky. If real estate fundamentals continue to deteriorate over an extended period of time, more loans will go into default and the value of the mortgage securities will decline further. This could cause problems for entities that overpay. "If you buy a mortgage at 60 cents on the dollar, it's only a good deal if the underlying values come back," says Ressa...
...chief has confirmed reports that Ahmed Wali Karzai, the president's half-brother and head of the Kandahar provincial council, has brokered deals with some influential Taliban commanders and warlords for a temporary cease-fire in some of the country's most violent areas. (Read about a proposal to buy off the Taliban to achieve victory...
...going to do--call up Bernie and tell him, 'God, I'm making too much money. What's going on?'" Or the small detail. If you're in the market for a description of Madoff's opulent walk-in closet or the tidbit that his mother wouldn't buy him Keds, then Oppenheimer is your...