This has been the first real test since FEMA (U.S. Federal Emergency Management Agency ) was put under Homeland Security read more

This has been the first real test since FEMA (U.S. Federal Emergency Management Agency ) was put under Homeland Security and obviously it didn't work and I think they will want to reexamine how they respond to disasters.

They made it pretty clear where their priorities were.

They made it pretty clear where their priorities were.

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.

We really get two weeks instead of three (after the dead period). It will be fast and furious.

We really get two weeks instead of three (after the dead period). It will be fast and furious.

And on the flip side, they know us pretty well. There won't be any big secrets.

And on the flip side, they know us pretty well. There won't be any big secrets.

All of what the government said is lies upon lies.

All of what the government said is lies upon lies.

Change, when it comes, cracks everything open.

Change, when it comes, cracks everything open.

It is being looked at. A lot is going on behind the scenes.

It is being looked at. A lot is going on behind the scenes.

full partnership ... through close coordination and consultation.

full partnership ... through close coordination and consultation.