Dennis Prager, best-selling author and nationally syndicated radio talk show host, makes the case that happiness is much more than a personal pursuit, it's a...
Deciding to be an armed, licensed civilian is serious business. Mature, sound judgment and preparation in every facet of this decision must be exercised. And...
The key difference between a cash and synthetic CDO is: instead of selling the reference portfolio (loans), the originator (bank) purchases credit protection with credit...
7. Who bears the moral responsibility for the actions of a psychopathic institution? The employees of the corporation can be the nicest people in their...
Treasury Secretary Timothy Geithner today admitted under questioning from Sen. Sessions that the president's own budget, submitted Monday, calls for interest payments and obligations that...
A balance sheet CDO transfers credit risk from the bank (originator) to investors. A key aspect of a CDO is that investors have different (tranched)...
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