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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.
Access to information was really limited. We had fragmented data sources, inconsistent metrics across the business, model assumptions that were read more
Access to information was really limited. We had fragmented data sources, inconsistent metrics across the business, model assumptions that were different from business to business. It was a really fragmented way of doing business.
Disney Hall is truly astonishingly beautiful. There is something about those silver petals that just makes you want to be read more
Disney Hall is truly astonishingly beautiful. There is something about those silver petals that just makes you want to be inside them.
As seniors, we've been through two coaches. We just kept playing basketball.
As seniors, we've been through two coaches. We just kept playing basketball.
They're doing it for one or two schools, like Wheeling Central because they are so big. I know what their read more
They're doing it for one or two schools, like Wheeling Central because they are so big. I know what their intent was, and some of them were reasonable and some were not, but I don't think they thought the operations of it through.
[After working constantly in the 1980s, Armstrong tried his hand at screenwriting in the 1990s. With writing partner John Doolittle, read more
[After working constantly in the 1980s, Armstrong tried his hand at screenwriting in the 1990s. With writing partner John Doolittle, he sold several scripts but none ended up on the screen.] It occurred to me after a while -- I didn't understand why I was setting myself up for two careers where I was going to be rejected, ... You can do it all right with one, but come on.
When they hit that 3, I thought Sterling's 3 when we came right back down in transition was pretty big. read more
When they hit that 3, I thought Sterling's 3 when we came right back down in transition was pretty big. They got a bit of momentum, but we got it right back by hitting that shot.
They were clearly a better team with our injuries. With three weight classes out - you have a problem.
They were clearly a better team with our injuries. With three weight classes out - you have a problem.
Defensively, we work hard at taking away the center of the field. We try to force the play to the read more
Defensively, we work hard at taking away the center of the field. We try to force the play to the outside and to clear the ball.