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.

Individuals actually qualify independently to the NCAA championship. We have a number of individuals that I think have a great read more

Individuals actually qualify independently to the NCAA championship. We have a number of individuals that I think have a great opportunity in their hands to try to achieve that, which is a huge accomplishment in swimming.

It is definitely true that having a common foe does give you something to shoot at. I'm just hoping that read more

It is definitely true that having a common foe does give you something to shoot at. I'm just hoping that we don't fall into a pattern of simply playing catch-up with Microsoft, which is a danger.

I assumed there would be an influx of women on the podium, but there are not many more at my read more

I assumed there would be an influx of women on the podium, but there are not many more at my level than there were 20 years ago. Maybe boards don't want to hire women because they don't meet the archetypal image of the maestro.

We will not allow violence and we will not allow terrorists to derail this process here in Iraq,

We will not allow violence and we will not allow terrorists to derail this process here in Iraq,

An Oscar means a lot of things because it's like the ultimate award for a filmmaker so it feels great. read more

An Oscar means a lot of things because it's like the ultimate award for a filmmaker so it feels great. But I think you have to consider awards with some distance and not get obsessed with it. When you're creating you shouldn't think about it.

What worries me for Europe is the monetary policy of European authorities. (The ECB) might slow growth in Europe by read more

What worries me for Europe is the monetary policy of European authorities. (The ECB) might slow growth in Europe by these rather unjustified increases in interest rates.

Every year we go to Prairie Winds and it comes up and catches some kids. It was the same this read more

Every year we go to Prairie Winds and it comes up and catches some kids. It was the same this year. I was pleased we came out on top this year.

I think there's a feeling that there but for the grace of God, these sort of problems could easily happen read more

I think there's a feeling that there but for the grace of God, these sort of problems could easily happen to your own children.