Word: rememberers
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Under TALF, though, an investor has to make a down payment of just $8 million to get a loan from the government to buy $100 million in auto bonds. The loan costs 1.5% a year, or $1.5 million on $100 million, which lowers the investor's take-home return to...
The first trigger for the elation was a comment by one of the least respected executives in the recent history of Wall St. Vikram Pandit, who many think ran Citigroup (C) into the ground. He said recently that the bank had been profitable for the first two months of the...
House Culture: Tepid. As the largest house, and one that happens to be divided amongst four non-adjoining buildings (including Dewolfe), it's got to be tough to build a defining house culture. Add to that the fact that many just don’t want to rep shirts that...
Already hauling in a VOID turkey on the first three days? Impressive. But don't give yourself a pat on the back. Remember, there's no agency in this: you do not find the VOID, the VOID finds you.
The deeper threat to peace, though, may be found in impoverished areas that never benefited from the territory's so-called peace dividend and are the hardest hit by the vertiginous decline of the economy. Such places used to be no-go areas for the police and were effectively controlled...