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October 1, 2009

"Credit Default Dwaps" For Dummies

Think about that. You could buy a contract which said that if some other company had trouble then YOU would be paid lots of money. The temptation for corporate raiders to buy the "insurance" and then try to force the default or bankruptcy would be too great for some of them to resist.

Americablog

Thu, 01 Oct 2009 17:26:40 PDT - Link


Five Things That Would Make Atheists Seem Nicer

The post itself is not worth the electrons, but the discussion in the comments is well worth the read, as is this response: Advice For Atheists?

Thu, 01 Oct 2009 17:26:40 PDT - Link

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