Word: tiedness
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On Tuesday, Treasury Secretary Timothy Geithner is expected to announce the administration's plans for the second half of the $700 billion bank bailout approved by Congress last fall. The centerpiece is likely to be a government-backed aggregator bank (the much-discussed "bad bank"), which will provide financing and...
So what is Strata worth today? Certainly not the original $20 million it's investors paid for it. According to research firm Markit, the average CDO tied to mortgage bonds lost half its value last year. CDOs based on corporate bonds have performed better. However, Strata sold insurance against high...
Both last night’s consolation round and last year’s title game were tied entering the final two minutes.
The Bulldogs opened the night on an 8-3 run, until the home team answered with a 10-2 spurt to take a three-point lead just under five minutes into the game. After four Crimson turnovers in two and half minutes, an emphatic Pinick dunk gave Yale the lead...
It's unclear how the U.S. government will react to Khan's release. Cirincione, who runs the Ploughshares Fund, a grantmaking foundation focused on issues of security and peace, points out that Khan's release comes just days after the U.S. imposed sanctions against Khan, 12 of his associates and...