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@deviantART I can't thank you enough for giving my art a home. I'd totally give you an awkward side hug. http://t.co/yV4mB7td
@deviantART I can't thank you enough for giving my art a home. I'd totally give you an awkward side hug. http://t.co/yV4mB7td
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Pro LCD Digital Dual Machine Tattoo Power Supply w/Cord Body Art Supplies Kit
| US $61.99 End Date: Thursday Jul-12-2012 10:08:17 PDT Buy It Now for only: US $61.99 Buy it now | Add to watch list |
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Financial News 7/12/2012 - CDO Ratings Scandal, Sandusky Scandal, Leon Black buys The Scream
So to make things worse, rumor has it, that the Securities and Exchange Commission, is running out of time to file civil law suits against some of the main players involved in the financial crisis. Under US federal law, the SEC has five years max, to file lawsuits concerning alleged fraud and other misbehavior. To our relief however, the SEC is very busy preempting, wrong doers from filing dismissal of the cases against them, based on these legal time constraints. First up is the charge against those who helped create and market a 1.6 billion dollar mortgage-bond deal known as the Delphinus CDO 2007-1. The Delphinus, which consisted of subprime mortgages and other bad loans, was rated by Standard & Poor's Rating Agency to be a triple A product. You know where I am going with this right? Despite this amazing rating this so called collateral debt obligation miraculously imploded within months, and now the SEC is filing charges against Mizuho Financial Group, who was the underwriter and seller of this deal. Mizuho failed to mention to its investors, that there is a big fat hedgefund on the other end, betting that the Delphinus CDO, would go bust. And bust it did go. I can't wait till the SEC finally goes after the Rating Agencies. Europe's second biggest carmaker, PSA Peugeot Citroen, has announced closing of its French Plant, leaving now a total of 14000 people without work. Sales for Peugeot have been consistently declining, as the French carmaker, is struggling to keep up <b>...</b> | Views: 1 0 ratings | |
| Time: 03:25 | More in News & Politics |
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Learn how to skin a rat this weekend
We're guessing there's more than one way to skin a rat but that artist Laura Ginn probably knows the best.
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