We Are One

himoo45j58 · Posted: Sat 5:19, 22 Jun 2013 Post subject: alongside John Oliver.

Andy Zaltzman was born in obscurity in 1974. He has been a sporadically-acclaimed stand-up comedian since 1999, and has appeared regularly on BBC Radio 4. He is currently one half of TimesOnline's hit satirical podcast The Bugle, alongside John Oliver.
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It seems that what going on here is that Citi is trying to hedge its loan book by using credit derivatives; in turn, its credit-derivatives wonks are creating recondite structured products to sell to the buy-side in an attempt to mold their credit risk into exactly the shape they want. I,[link widoczny dla zalogowanych], for one, don trust Citigroup or anybody,[link widoczny dla zalogowanych], really to be good at this kind of thing: the lesson of the financial crisis,[link widoczny dla zalogowanych], and for that matter of the Senate report into JP Morgan Chief Investment Office, is that everybody on Wall Street systematically overestimates the quality of their risk-management skills. If you want to manage risk, do it in simple and obvious ways,[link widoczny dla zalogowanych], rather than by the use of highly-illiquid credit derivatives..
Hiking this trail on a cold yet sunny winter morning was great. If you like a challenge and don't mind the danger involved with a few slips here and there in the rock scramble, the ridge trail is definitely the way to go - just be sure you're wearing good hiking boots and that you're in some decent shape. If you want a casual stroll that isn't taxing in the way of aerobic capacity, take the longer, Saddle trail instead.
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