Word: deal
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...need to decide what my musician look is going to be. For a long time I was like, Oh, I'm going to be like Kim Deal - do a super '90s thing, 'cause that was my heyday - but then I thought, "Well, I'm older now. Maybe I should be more like Emmylou Harris and have a beautiful dress." I can't decide. I have no idea what my rock look is going to be. I think I'm gonna do a different one every show...
...that's what causes the problem. Every securitization deal creates some AAA-rated bonds and some lower-quality debts. In a typical credit-card securitization, as much as 15% of the bonds created will have ratings lower than AAA. And the government plan does nothing to help banks get those riskier bonds off their books. Worse, TALF might actually discourage investors who would normally be interested in these higher-yielding bonds from buying them...
...TALF may beget Son of TALF to deal with the sins of the father. And that will mean more taxpayer dollars...
...bill follows a government-sponsored agreement hammered out last November. That deal sought to stem the enormous losses studios and their stars suffer to online piracy. But critics claim ISPs have been coerced into the drive by the organization representing French copyright holders. The pact was negotiated by the head of one of France's largest music and video retailing chains. Detractors of that move include opposition politicians, consumer groups and even France's ethics watchdog on new technologies and communication. They claim that ISPs have been forced into a heavy-handed alliance of industry forces that want to protect...
...Perhaps. But France isn't the only country considering such punitive action. In January, Irish ISP Eirecom struck a deal with record companies under which it would ban clients who were found to be illegally downloading music. The U.K. is also contemplating forcing ISPs to disconnect customers tied to online piracy as part of its push to make broadband access universal by 2012. In Brussels, meanwhile, debate rages over the future of network neutrality - the degree of free and equal access to the Internet. Governments and business interests want the ability to increasingly filter its use. (See the 50 best...