Word: factly
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...time were able to strike deals to tear up similar contracts and pay reduced prices. Some called the AIG payments, funded by the government, a backdoor bailout of Wall Street, in particular Goldman Sachs. Also at issue were the moves the Federal Reserve made to cover up the fact that AIG had paid out the contracts at par, which was the contract's full original amount. "Why shouldn't we ask for your resignation as Secretary of Treasury?" said John Mica, a Republican Representative from Florida...
...borrowers didn't - that AIG had sold to a number of large banks and financial firms. Lawyers say there would have been nothing legally wrong with AIG's negotiating to pay some banks less than others on the CDS insurance they had bought from AIG. In fact, since the CDS contracts insured different bonds, it would have been normal for those insurance contracts to be settled at different prices...
...very clear that the New York Fed was preoccupied with looking out for the interests of Wall Street at the expense of Main Street," says California Congressman Darrell Issa, a Republican, who questioned Geithner and others on Wednesday. "Given the circumstances and the fact that they were dealing with taxpayer dollars, the Fed had an obligation to try and secure the best deal possible for the taxpayers and instead brokered a deal that helped the rich get richer and then tried to cover...
...fact, the continued existence of skinny jeans in the closet of the American male consumer is one of the biggest issues plaguing society today. Unfortunately, the anthropologists have yet to come up with an explanation for this phenomenon, and there is currently no “Social Analysis” core offering devoted to the subject (although you never know with “GenEd”). Regardless, the question still remains: why are these god-forsaken leggings so popular among members of the male gender, even among the bigger specimens...
Sometimes shopping six courses a day can lead to missed meals and hunger pangs during your umpteenth syllabus perusal of the day. In fact, some of you are probably hungry right now. Well, we’ve got just the solution for you! Get your daily serving via one of these food-related courses...