Then there's Adventures, Ink
Crow, nothing about you and/or Susan are boring. Your *cute meet* is certainly not boring.
belette - Crow said to tell you he's glad such a discerning writer as yourself enjoyed it.
BORED??? what?? are you crazy?? no don't answer that....of course I shall meander right over there as soon as I read the other post I missed...can't wait to dish the dirt....you did dish the dirt I hope!kisses...
linda - He'd like to dish more dirt - likes gravel with his fruit cake too. He's an odd bird.
I was prepared to be bored but I wasn't. I love your stories. ;-)
nunly - Glad you enjoy them - rare as they are :-)
Loved your story - in relation to the article reference -Whilst I agree regulators lacked the will to properly regulate markets I also think instruments such as Credit Default swaps should never have been allowed to be issued in the first place. Although they represent an insurance type cover in practice they violate prudential insurance rules by allowing holders of discounted securities to profit (since cover is for the full face value) in the event of a default by the counterparty. In other words a security holder is much better off financially if the counterparty defaults. It’s akin to allowing life insurance policies to be taken out on anyone’s life – not a good idea There already exists adequate form of trade credit insurance cover for defaulting institutions and Banks – primarily an insolvency type cover but with indemnity levels usually to a maximum of 90% so as to remain true to the maxim not to allow a profit from any insurance cover. Best wishes
do unto others as you would have them do unto you. otherwise screw them(if you get a big enough bonus)
lindsay - Yes, these are the kind of people who would insure their grandmothers then push them over a cliff.sera - I blame the government. Oops! They are the government.
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