Word: crediteers
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...sure, Cantor hasn't escaped the biggest financial meltdown in decades unscathed. The firm was a prominent player in the trading of credit default swaps, and that market for bond insurance has been battered by the rising defaults in home loans and other debts. Worse, some politicians and regulators, irked by the huge losses rung up by AIG in CDS contracts, have talked about creating a central exchange, much like the New York Stock Exchange, where the bond insurance would trade. Some have proposed doing away with CDS all together. Those changes would significantly curtail, or wipe out, Cantor...
...stuff can be very stigmatizing... I was scared that it would mess up my career.”Bezreh later confronted her fear by creating the short film “Naughty Garden” and starring in the HBO special “Real Sex: Porn 101: XXXtra Credit,” a documentary about her making the film. “For me,” she said. “I had to go overboard.”“Naughty Garden,” which cast several MIT and Harvard students...
...have got give the kid credit,” Duboe said, “[Burke] is a great goalie and he certainly takes away a lot of your strengths as a shooter by baiting you. I mean the kids [an] All-American...
Harvard has signed another custom loan agreement to increase borrowing options for graduate students, some of whom have had trouble securing funding in the wake of the credit crunch, University officials announced yesterday. The deal with the Harvard University Employees Credit Union will allow eligible Harvard graduate students to borrow a maximum of $250,000 for their education without a co-signer—a safety net required by many lenders. Discussions with HUECU have been ongoing for the past six weeks, and the recently completed contract will take effect on April 23 for the next three years. The arrangement?...
...written a private letter to Chirac ahead of the London G-20 summit. In it, Obama tells Chirac he anticipates their chances to "collaborate together in a spirit of peace and friendship in order to build a safer world." Most French pundits interpret the letter as Obama giving Chirac credit for correctly opposing the Iraq war as a looming strategic and diplomatic calamity - a position Obama shared. According to French press reports, Sarkozy was livid at seeing the star of world politics reach out to his longtime foe. (See pictures of Obama's travels in Europe...