Not A Mystery
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Some Things Work Out For Some People
August in the Sacramento area is hot; and I don’t mean in a cultural sense. So Leslie and I tend to get in the car and spend some time on the California Coast where it’s cooler; not necessarily in a cultural sense. Last week we found ourselves in Santa Barbara, part-time home for Oprah and other … Continue reading
California Rocking Out, Once Again
It’s not a secret that California is fiscally challenged, with the legislature locked in partisan battles and unable to compromise on a budget. California [began] a new budget year … without a spending plan in place and with no agreement imminent between state legislators and Gov. Arnold Schwarzenegger on how to close a $19.1-billion deficit. … Continue reading
Genetically-Modified Collateralized Debt Obligations Will Be Next
When you are Goldman Sachs ordinary words take on extraordinary meanings: Lemonade: A structured-financial deal Goldman mixed up to make bad loans go down easy on investors. Used in a sentence, from a Goldman email: “They structured like mad and travelled the world, and worked their tails off to make some lemonade from some big old lemons.” … Continue reading
