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.

Guidelines simply aren't enough to keep us safe.

Guidelines simply aren't enough to keep us safe.

My staff and I, we're proud of what we did this year with a young team. You can look at read more

My staff and I, we're proud of what we did this year with a young team. You can look at our record and yeah, it's not pretty. But as far as the direction the program was going, there's no doubt we were moving up.

Who has not hopedTo outrage an enemy's dignity?Who has not been sweptBy the wish to hurt?And who has not thought read more

Who has not hopedTo outrage an enemy's dignity?Who has not been sweptBy the wish to hurt?And who has not thought that the impersonal worldDeserves no better than to be destroyedBy one fabulous sign of his displeasure? - The Face of Violence.

Never be so brief as to become obscure.

Never be so brief as to become obscure.

We need to know exactly what is happening and what we're talking about, and I pledge my full transparency [and] read more

We need to know exactly what is happening and what we're talking about, and I pledge my full transparency [and] coming back to you as soon as we know more of this information to inform you of that and any possible -- if necessary -- steps the European Commission would need to take,

The depth of our team this year has been the key, especially with the injuries we've had. We've got the read more

The depth of our team this year has been the key, especially with the injuries we've had. We've got the numbers and that's been a key to our success. We have a lot of chemistry on this team and a lot of experienced young guys who are waiting for their chances to step up and contribute.

(The impression is) that Dade County is like Alice in Wonderland where up is down, down is up. As soon read more

(The impression is) that Dade County is like Alice in Wonderland where up is down, down is up. As soon as you drift out of Dade County you find that the Alice in Wonderland world ends at the Dade-Broward line.

If you find an Australian indoors, it's a fair bet that he will have a glass in his hand.

If you find an Australian indoors, it's a fair bet that he will have a glass in his hand.