These are probably extreme cases. More often, structures are calibrated so that assets pay down while a derivative amortizes. Most read more

These are probably extreme cases. More often, structures are calibrated so that assets pay down while a derivative amortizes. Most investors, who do not want their returns squeezed, would insist that the original transactions are modified to contain risks.

The death of junk e-mail will come from a social reason, ... One of two things will happen: No one read more

The death of junk e-mail will come from a social reason, ... One of two things will happen: No one will check their e-mail boxes, or junkers will know no one is reading their e-mail. Either way, the message is not being delivered.

We are succeeding in Iraq. Thank you, America.

We are succeeding in Iraq. Thank you, America.

A lot of kids could be out like Whitney and not come to practice. But she would come from physical read more

A lot of kids could be out like Whitney and not come to practice. But she would come from physical therapy every day to practice and do what she could. ... She's the glue that holds us together.

Written poetry is worth reading once, and then should be destroyed. Let the dead poets make way for others. Then read more

Written poetry is worth reading once, and then should be destroyed. Let the dead poets make way for others. Then we might even come to see that it is our veneration for what has already been created, however beautiful and valid it may be, that petrifies us.

[A rep for the event said a reason was not given for the stars' absence (but Garner is due in read more

[A rep for the event said a reason was not given for the stars' absence (but Garner is due in November) and added,] They're very tight-lipped about their private lives. ... next year there'll be the three of us.

Every time I'm in the area, I like to pay them a visit and update them on the partnership.

Every time I'm in the area, I like to pay them a visit and update them on the partnership.

[It's a model that Alfred Hitchcock drew on for many of his movies.] If there was a film that inspired read more

[It's a model that Alfred Hitchcock drew on for many of his movies.] If there was a film that inspired me in writing 'Panic,' it was 'North by Northwest,' ... Those are my favorite Hitchcock films -- the ones where ordinary, everyday people are going about their lives, and they take this dramatic left turn.

It's a different format. Classes are open and inviting.

It's a different format. Classes are open and inviting.