Word: sheete
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...Ford (F) was so much better financially than GM (GM) or Chrysler that it could weather the global economic downturn no matter how brutal it turned. All of that magical thinking came to an end as the No.2 American car company said it would have to "restructure" its balance sheet, which has always been short-hand for finding a way to remain in business...
Finally, the speed dating began. Each of us had a nametag with a number, and a sheet of paper to write down the names of the people we met and whether we wanted to see them again. I soon discovered that I would need to shout the entire time because the room was so loud. At least I didn’t have anyone take advantage of this as an excuse to invade my personal space. Some girls (see photo) were not so lucky...
...just an ordinary recession.” With the target for the Federal Funds rate against the zero lower bound, the limitations of the Federal Reserve are quite apparent. Since no one can trust a bank’s balance sheet, laced with so-called toxic assets, the economy continues to be threatened. Our legislators are left two main choices: Inject the banks with more capital and hope for the best, or take over insolvent banks, wipe out shareholders, replace the executives, and make the bondholders the new shareholders...
...bust lies on a butcher’s table, attached to stuffed clothing to give it the appearance of belonging to a full body. Just as mascara and blush color the photographed figures, traces of makeup tint the greening putrid flesh. Black boots, peeking out from under the sheet, sparkle like the Wicked Witch’s red footwear in the “The Wizard of Oz.” The smell of rot and formaldehyde permeates the entire gallery. But repulsion alone does not drive Hatry’s art. In a statement about her work, she compares...
...billion of market capitalization in about a year. During the same period, Citigroup has lost $130 billion in market cap. Bank of America has lost $200 billion. Since GE's financial services business is not the majority of its revenue, the destruction of it market value seems extreme. Balance sheet jockeys would say that the trouble the market fears is hidden within GE's asset base and will jump out to eviscerate earnings soon. So far there is no sign that GE will implode because of the state of its financial services receivables or its debt...