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...example, many Mortgage Backed Securities ("MBS"), a species of ABS, became toxic following the collapse of the housing market. Like all ABS, MBS derive their value from underlying loans, in this case, mortgages. A large group of mortgages provides the payment stream to the holders of ABS in the form of individual interest and principal payments made by a borrower to the bank...
...following year, Calderón's public security minister Genaro Garcia Luna removed 284 federal police commissioners - all suspected of corruption - and replaced them with a hand-selected group of officers who successfully arrested several drug kingpins. The gangs have responded with what seems to be an endless stream of violence; 5,300 people were killed in drug-related crimes in 2008 and over 1,000 have already died this year. (Read "Mexico's Cocaine Capital...
...several years now, the studio has programmed two separate on-demand initiatives that can be accessed by home viewers across the U.S. via their cable system's movies-on-demand platform. One venture, IFC in Theaters, reaches 55 million U.S. households, offering viewers the chance to buy and stream movies currently in limited theatrical release. Festival Direct, meanwhile, offers 37 million households six films a month that the studio has picked up from film festivals around the world. (See pictures of the glitz and glamour of the Venice Film Festival...
...laughter, of course, did not fit the occasion, the latest in a seemingly endless stream of public events at which Washington's political leaders work themselves into high dudgeon over the sins of financial wizards who, we are told over and over again, have messed up the world for everyone else. But then, you can act outraged about the same thing only so many times before it all starts to sound stale. These spectacles, the public rhetorical floggings, have become teleplays, as predictable as a daytime soap opera, as comforting as a wet rock. (See pictures...
House List: A low-level stream of events punctuated by a few house-list "heroes." Maybe five topics per semester generate a moderate level of discussion, and the rest is just the same four dudes arguing with each other. If you happen to post something that even vaguely offends one of the hyenas' sensibilities, prepare to be absolutely savaged in the way only a self-righteous kid bored at his laptop...