Word: sheetings
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...football, a blonde wig, a skirt on a hanger); badger audience members for details of their sex life; parade on and off the stage in an assortment of absurdist masks and costumes. One guy clinging to a pole is wrapped up in duct tape; another wrestles naked inside a sheet of translucent plastic; then there's the vaguely threatening shirtless clown, who wanders about tangled in an extension cord, with an iron dragging at the end of it. (See TIME's top 10 theater productions...
...midst of a comeback and the first few companies that have announced earnings have done no better than their gloomy forecasts said that they would. Berkshire Hathaway (BRK) lost its Triple-A rating as GE (GE) did just a few weeks ago. The period of the Fort Knox balance sheet is over in America. As of the Berkshire news, all corporate debt officially carries risk...
With the collapse of Lehman Brothers and the uncertain future of AIG, BVG fears that the U.S. investors could demand as much as $200 million in additional collateral. As a precaution, the transit company has taken a risk provision of €157 million ($208 million) on its balance sheet. BVG says that when the deal was done, J.P. Morgan assured that it would not be liable unless the majority of its CDO backers became insolvent. "But they misled us," says Reetz. "It now appears that we could be made liable even if just one of the backers becomes insolvent...
...tardy fan who showed up at the top of the 6th inning yesterday, the game had no sign of a likely victor. Neither the scoreboard nor the stat sheet had much convincing evidence. BU had scored the game’s only run up to that point in the third inning, and both teams executed well defensively and on the mound. Neither the Terriers nor the Crimson were busting any stitches from the plate...
...which it has, that's significant, even if it's not above the 10-year Treasury. It says stocks are attractive. That said, we are very cautious about what to own in this market. Bottom line: If you can find high-quality companies - meaning they have a good balance sheet and provide yield - we think for the long-term investor this is now an attractive way to invest. The consumer-staples sector (i.e., food, beverage, tobacco, etc.) is a good sector for finding these types of stocks...