tag:blogger.com,1999:blog-4102429195693595750.post543767734965116497..comments2024-03-22T05:15:17.042+02:00Comments on Sudden Debt: Hellasioushttp://www.blogger.com/profile/03564511281240682625noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4102429195693595750.post-65532241224410634642008-09-10T14:17:00.000+03:002008-09-10T14:17:00.000+03:00wow goldwow goldwow goldwow goldwow power leveling...<A HREF="http://www.powerleveling-wowgold.com/" REL="nofollow">wow gold</A><BR/><A HREF="http://www.wow-powerleveling-wow.com/" REL="nofollow">wow gold</A><BR/><A HREF="http://www.cheapestwowgold.org/" REL="nofollow">wow gold</A><BR/><A HREF="http://www.wow-powerleveling-wow.com/gold.asp" REL="nofollow">wow gold</A><BR/><A HREF="http://www.powerleveling-wowgold.com/" REL="nofollow">wow power leveling</A><BR/><A HREF="http://www.wow-powerleveling-wow.com/wow-powerleveling.asp" REL="nofollow">wow power leveling</A><BR/><A HREF="http://www.wow-powerleveling-wow.com/" REL="nofollow">wow power leveling</A><BR/><A HREF="http://www.wowpowerleveling-wow.com/" REL="nofollow">World of Warcraft gold</A><BR/><A HREF="http://www.wowgold-powerleveling.com/" REL="nofollow">power leveling</A><BR/><A HREF="http://www.wowgold-powerleveling.com/" REL="nofollow">powerleveling</A><BR/><A HREF="http://www.wow-powerleveling-wow.com/" REL="nofollow">power leveling</A><BR/><BR/><A HREF="http://www.wow-powerleveling-wow.com/wow-powerleveling.asp" REL="nofollow">power leveling</A><BR/><A HREF="http://www.wow-wowpowerleveling.com/" REL="nofollow">wow power leveling</A><BR/><A HREF="http://www.wow-wowpowerleveling.com/wow-powerleveling.asp" REL="nofollow">wow power leveling</A><BR/><A HREF="http://www.wow-wowpowerleveling.com/" REL="nofollow">power leveling</A><BR/><A HREF="http://www.wow-wowpowerleveling.com/powerleveling.asp" REL="nofollow">power leveling</A><BR/><A HREF="http://www.powerleveling-wowgold.com/" REL="nofollow">power leveling</A><BR/><A HREF="http://www.wow-powerleveling-wow.com/" REL="nofollow">powerleveling</A><BR/><A HREF="http://www.wow-powerleveling-wow.com/wow-powerleveling.asp" REL="nofollow">powerleveling</A><BR/><A HREF="http://www.wow-wowpowerleveling.com/" REL="nofollow">powerleveling</A><BR/><A HREF="http://www.wow-wowpowerleveling.com/powerleveling.asp" REL="nofollow">powerleveling</A><BR/><A HREF="http://www.powerleveling-wowgold.com/" REL="nofollow">powerleveling</A><BR/><A HREF="http://www.powerleveling-wowgold.com/" REL="nofollow">World of Warcraft power leveling</A><BR/><A HREF="http://www.powerleveling-wowgold.com/wow-powerleveling.html" REL="nofollow">World of Warcraft power leveling</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-28433967944218058032007-01-20T22:00:00.000+02:002007-01-20T22:00:00.000+02:00Thanks very much, great story. You are exactly rig...Thanks very much, great story. You are exactly right in your assessment about fees, greed, etc. Municipal finance has always been a breeding ground for either a) skinning the "dumb hicks" and/or b) corruption. In this case I think it was a desperate, poor school district throwing the dice on what they thought was an "80% chance", to get some extra cash for their schools. They were just easy prey for the "advisers". I feel sorry for them, I know first hand what it's like to run a school on a pitiful budget (I was the president of a school parents' assn. for a few years). <br /><br />Towards the end of the story comes the sad truth about highly complex structures for small clients. The hospital in Tennessee paid $3 million for advice on swaps and has lowered interest payments by $1 million...not a great bargain. The swap bank probably made another $3 mil in spreads. Total ratio 6/1. Typical.<br /><br />Those $25 mil bonuses have to come from someplace...Hellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-13276596095305601302007-01-20T19:03:00.000+02:002007-01-20T19:03:00.000+02:00Sorry for the bad link in the previous post, try t...Sorry for the bad link in the previous post, try this one <br />http://www.bloomberg.com/apps/news?<br />pid=20601109&sid=a0uqSyVKVINY&refer<br />=home<br /> <br /><br />Deutsche Bank Swap Makes Pennsylvania Taxpayers Lose <br /><br />Seems the school district got into a interest rate swap and lost about a quarter mill but they will pay that out of another swap they have. Thanks also for the link to definitions, I have bookmarked it. <br />I agree that this state of affairs is caused by (b) but the above article even though it is not a CDS says (a) is also a factor along with the greed for fees IMHO.Anonymousnoreply@blogger.com