Until now, when making a case for the AIG bailout, the US government has always maintained that had the financial services giant been left to fail, its credit default swap (CDS) obligations would have caused huge losses to its counterparties, resulting in all-out financial collapse.
Author: lmehit
Online Dating-Profile Picture Myths | blog.okcupid.com
In looking closely at the astonishingly wide variety of ways our users have chosen to represent themselves, we discovered much of the collective wisdom about profile pictures was wrong.
Vodkas That Are Weirdly Awesome|Asylum.com
What if we told you that a group of savvy vodka-preneurs were concocting vodkas that used ingredients like bacon, hot dogs and scorpions?
Should You Stop the Pop? | DivineCaroline
As a lifelong knuckle cracker, I’ve heard the spiel dozens of times—you know, keep popping and…
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87 Fantastic Free Finds – From Vacation Marketing to Free Green Taxis (CLUSTER)
Citigroup Decline|usfst.com
Where did it all go wrong for Citigroup? When it was formed by the merger of Citibank and Traveler’s Group in 1998, it was envisaged as the epitome of the modern financial services firm.
Fast forward to 2009. At the end of January, CEO Vikram Pandit announced losses of $18.7 billion for the previous year and that Citi would ‘realign’ itself into two separate sections, Citicorp and Citi Holdings.
FDIC moves toward new market | GDS Publishing
In an attempt to rid itself of assets from failed banks, the Federal Deposit Insurance Corp. (FDIC) is looking to tap into the securitization market with three new guaranteed deals totaling $4 billion
New US Embassy in London?|GreenPacks.org
After winning a design competition, Philadelphia architects KieranTimberlake have a $1 billion project on their hands in the shape of the new US embassy in London.
A Sales Force Built Around Cold Calling | Inc.com
To thrive in a recession, the sales force at iCore Networks focuses on cold calling
Buyable Spacecrafts – The NASA Space Shuttles can now be Purchased Privately (GALLERY)
Dispatches From The Front 