Word: solding
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Other banks were willing to strike even more generous deals. UBS initially told AIG that it would take collateral worth 35% less than what the insurer owned on 55% of the $4.3 billion in CDS contracts it had sold to the Swiss bank. For the remaining 45%, UBS was willing to allow AIG to pay 10% less than what it had originally promised. Those deals would have saved AIG about $1 billion. AIG later broke off those negotiations, and as with all of its other counterparties, paid UBS in full. BlackRock, in the report, said Goldman Sachs, French bank Calyon...
Eddie and Chris, who is now 26, still love the game and realize that it is a collision sport. But their efforts to increase awareness of the dangers have gotten a mixed reception. A suggestion that 25 cents of every ticket sold at high school games in Texas be set aside to help defray the cost of caring for paralyzed players went nowhere. During the off-season, the Canaleses go to clinics, and coaches listen intently. During the season, the coaches turn deaf in favor of winning at any cost. (See the year in health...
...registered Democrat who vigorously campaigned for President Obama. He sold America on the notion of bipartisanship over policy agendas. Despite campaigning as a Democrat, he breached party lines and won over Americans with a genuine desire to listen, regardless of political affiliation. He championed the idea that everyone had something to bring to the table...
Barack Obama believed in the system. At least, that is what he told America. So, who was the guy in the Oval Office behind closed curtains in secret meetings with Congressional Democrats about healthcare legislation? He chose to avoid the very system so deserving and demanding of respect. He sold out a visionary view of our government for health-care reform that actually had very little reform in it. As soon as the Senate announced the passage of the health-care bill on Dec. 24, 2009, stocks for the very industry responsible for the health-care crisis soared...
Tickets are already sold out for the event, and Smolinsky said that at least 40 names are on a waiting list...