Word: wanding
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...play. Some of the pieces are the first in line to get hit by any defaults, so they offer relatively high yields; others are last to get hit, with correspondingly lower yields. The alchemy begins when rating agencies such as Standard & Poor's and Fitch Ratings wave their magic wand over these top tranches and declare them to be a golden AAA rated. Top shelf. If you want to own AAA debt, CDOs have been about the only place to go; hardly any corporation can muster the credit worthiness to garner an AAA rating anymore. Here's where the potion...
...festivities opened when the Harvard Museum of Natural History did, as young visitors were handed “Maurader’s Maps” and encouraged to find Harry’s wand (American holly), the Sorcerer’s Stone (rhodochrosite) and other fictional creatures and artifacts from the books...
...Over fried catfish at the Riverview restaurant, Walters says he calls the feds about illegals in his town a few times a month. But he is tired of the hassle and ready for legalization. "If I could wave a magic wand, I'd rather have no Hispanics and have this town be like it was in the '50s. But that's just not going to happen," he says. "Amnesty is touchy, but we can't keep doing nothing...
...partner Paul Kroiter, the technology allows animators to do what they do best—draw—without having to constantly return to the computer screen, usually a given for CG artists. With SANDDE, the creative process involves the animator drawing the desired image in space with a wand fashioned from an old flight simulator controller. The wand disrupts a projected magnetic field, which can be read by a machine and translated into an image. The drawing is then projected in such a way that, with the aid of the glasses, a 3-D image is visible. Using...
...habit of selling at the bottom. "I always think about what will kill off the other person," Schwarzman once noted, charmingly. Go ahead and buy Blackstone when it becomes available. But don't be disappointed if you take your shares home, unwrap them, wave your magic wand, say abracadabra ... and nothing happens...