Here someone is alleging that:
If random blogs making allegations are proof, then nothing I can say will be remotely of interest. I tried to explain what happened because this is the kind of thing I learn for a living. I won't post about it anymore.
Joyce ,'Never Leave Me'
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
Here someone is alleging that:
If random blogs making allegations are proof, then nothing I can say will be remotely of interest. I tried to explain what happened because this is the kind of thing I learn for a living. I won't post about it anymore.
Timelies all!
My folks are here this weekend, attending a wedding.(The wedding is tomorrow night, and G and I aren't invited. That's ok by us) Both cats have hidden themselves away. I expected that of Luna, but I thought Nova was a more sociable cat than that.
If random blogs making allegations are proof, then nothing I can say will be remotely of interest.
Yeah, I found that after two minutes of googling (am supposed to be working).
eta: although my second post was about a random book, not a random blog.
No, bon bon! We actually need somebody who knows something about this for balance! But, you know, it would be a bit of a busman's holiday for you, so maybe you need to discuss fluffy puppies and hairstyles instead?
Bon, I really appreciate hearing from someone who really knows about this stuff, but also what Theo said about fluffy puppies.
I would tattle, but I'm like that.
so am I
Sorry, not flouncing, and I'm in a heightened state of argument because I'm drafting motions for summary judgment at work about similar things. But agreed, I should just stick to puppies and leave the passion for the paying clients.
Anyone get the WSJ online? Can someone email me this article? Wall Street Wizardry Amplified Credit Crisis
Sometimes I just love the internet. To wit, this question and answer on the Manolo shoe blog: [link] (the page address will give you the sense of it)
I'm in a heightened state of argument because I'm drafting motions for summary judgment at work about similar things.
On the way to her birthday party last night, my friend was giving me the rundown on people who would be there who I wouldn't know. She started off telling me one was "kind of intense," and then went on to say she's a litigator in the Brooklyn DA's office. Um, you think?
As perfectly illustrated in today's WSJ, the rating agencies bent over backwards to give questionably high ratings to risky securities like Norma CDO I Ltd., a Merrill Lynch-backed investment vehicle:
In March, Moody's, Standard & Poor's and Fitch Ratings gave Norma their seal of approval. In its report, Fitch cited growing concern about the subprime mortgage business and the high number of borrowers who obtained loans without proof of income. Still, all three rating companies gave slices comprising 75% of the CDO's total value their highest, triple-A rating -- implying they had as little risk as Treasury bonds of the U.S. government.