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Ah the Public-Private Investment Program. Another brilliant slush fund economic stimulus program brought to you by Tim Geithner. The PPIP is supposed to work thusly:The Treasury will partner with private investors to buy toxic assets off of the banks. The FDIC will garunetee loans put up by the seller of the asset for half the capital while the private investor will provide the other half. If the asset actually turns out to have some value the private investor makes out quite well while due

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BATON ROUGE, La. – Derek McCallum collected four extra-base hits and seven RBI, and No. 21 Minnesota plated 13 runs over the final three innings to defeat Baylor 15-12 in an elimination game Sunday afternoon at Alex Box Stadium. “It was a heck of a ball game,” Minnesota head coach John Anderson said. “Everybody was trying to save pitching and try to figure out what to do next.” Minnesota got the scoring started quickly when Pettersen reached on an error and came around to score on McCallum’s tow

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The FDIC has been busy lately. They have had to deal with 25 bank failures in 2008, these included IndyMac (thanks Chuck) and Washington Mutual Bank at a cost of $8.9 billion and $0 respectively (yeah interesting story there) though WaMu was the largest bank failure in US history with assets at time of sale to JP Morgan of $33 billion and $8 billion in debt. So far in the 5 months this year there have been 36 bank failures though none the size of IndyMac or WaMu. As a comparison there were on

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Insurance Law And Regulation Cases And Materials University Casebook

This casebook provides detailed information on insurance [...]

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Hedging Instruments and Risk Management McGraw Hill Library of Investment and Finance

Books on complex hedging instruments [...]

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