I buy a package of MBS, in which say me that the first three MBS are relatively good, the three seconds, very regular and three third parties, frankly bad. This means that I’ve structured the package of MBS in three tranches: the relatively good, very regular and very bad. 2. I agree to that if not paid anyone the very bad tranche (or as they say these gentlemen, if in the wrong section I incur in default), but charge something of the very regular tranche and enough of the relatively good, everything will go to pay the mortgages of the tranche relatively well, with that, automatically, this tranche will be rated AAA. 3 (7 Th comment: in the economic situation of the IESE, in January 2008, comments which I have taken most of what I’m saying, call you this financial magic) ii.
To finish rolling of San Quirze, these MBS sorted into tranches were re-baptised as CDO (Collateralized Debt Obligations, obligations of debt Colateralizada), as they could have taken another exotic name. III. not content with this, the financial wizards created another important product: the CDS (Credit Default Swaps) in this case, the purchaser, who bought the CDO It assumed a risk of default by the CDO that he bought, to charge more interest. So, he bought the CDO and said: if it fails, I lose money. If it fails, I charge more interest. iv.
Following inventions, created another instrument, the Synthetic CDO, which I failed to understand, but which gave a surprisingly high profitability. v. Even more: those who bought the Synthetic CDO could buy them through very cheap Bank loans. The differential between these interests very cheap and high yields of the Synthetic was extraordinarily profitable operation. To get here and trusting that you’ve not lost too, I want to remember one thing that it is possible that you have forgotten you, given the complexity of the operations described: that everything is based on the ninjas to pay their mortgages and that the U.S.
Castro was not consolidated in Palace running to hundreds of thousands. Another peculiarity is that the Cuban revolution was not led by a Communist Party, but by a group of dissidents of Orthodox nationalism, which did not have the initial sympathy official Communist Party. When castrated celebrated her 32 birthday he was one of young Latin Americans who came to power. Then he declared anti-communist and supporter of a democracy type USA. However, his revolution was radicalized. After that USA set a fee for the purchase of Cuban sugar, Castro is launched to expropriate US $ 850 million of American property.
After the defeat of the invasion organized by the CIA at the Bay of pigs, Castro decides to transform into Marxist-Leninist. In February 1962 the OAS headed by Washington declares the trade blockade against Cuba and then the missile crisis in which almost Cuba detonates the III World War breaks out. Turning to the left of Castro was encouraged by pressure from their bases and the international scene, by tough U.S. attitude and express interest that took the USSR created a base a few miles away from us in order to neutralize the military camps that the Pentagon had watered in several neighboring countries. In 1966 when Fidel serving half his current life, he had made a fundamental change. The democratizing guerrilla had become the architect of the only planned and estatizada economy that has occurred in the Americas. Castro did something never dared to make a Latin American ruler (and that is not possible they can do today Chavez or Morales): expropriate private entrepreneurs and establish an estatizada economy subject to a five-year plan. In this economy you vetoed the generation of capital and money acquired a value change or accounting but not served to acquire properties, land or factories. For Liberals, his regime destroyed freedoms and the possibility that Cuba will become a magnet for foreign investment.
Companies that provide paid surveys they have a level of expectation if it is going to pay for completing paid surveys. If you do not fall completely in profile looking you cannot pay for your information. It is this to keep your profile up-to-date information is imperative in the world of paid surveys With the paid surveys there can be no guarantees or promises of financial return, however many have benefited from paid surveys programs. A good part of the success of the paid surveys has to do with that as well follow the supplied instructions. There is little tolerance for incomplete paid surveys. If this occurs, the respondent can be deleted from the database and will not be considered for future paid surveys. As with any online program that you pay for delivering a service, there is always potential for fraud with paid surveys, however many of those suppliers are identified and can be avoided using a serious list of paid surveys companies.
Hundreds of paid surveys are available. If you are able to connect you with the right company you will find more surveys that you can answer. The main suggestion is that those who begin does not surrender. Paid surveys will arrive, but it is not a scheme to become a millionaire fast and there will be a good deal of work to make the income that you receive for completing surveys more than an extra. A small overview 1) the paid surveys assist companies in their marketing plans 2) compensation for completing surveys are available in money, goods, discounts and giveaways. ((3) The paid surveys can give an income, but is not guaranteed 4) participate in paid surveys requires patience and perseverance. (5) It is necessary to maintain an updated profile to receive more surveys. (6) The paid surveys not must respond incompletely or random. (7) The concept of paid survey may be subject to stays, this is why we recommend finding companies on a site with good reputation.
It would be very interesting that everyone did an exercise of self-research to thoroughly scrutinize thoroughly and reach the more inaccessible of the wonderful location and simultaneously complex functioning of our brain, to see that we find, perhaps any would be a surprise, especially those who are not going to find anything, they are more that you think. Only if we think of the elemental in inconsequential, in the elemental, as what I will today to exit? or I have to find a paper to the wall without fail with a few tones in pink that make me play with the lounge sofa backs, this is rather a thing of them, but that they also have theirs (in this case we have), as I fell three hairs (because the guards in a wooden box if you don’t want to lose them) or do not know if this summer will go on vacation to the people or the Caribbean or better will not go anywhere and with the money I save buy a plasma television with mega widescreen with surround sound we could continue with a few and others and not end up: Will do me game the shape of shoes with the design of earrings? You will notice me much grain that has left me in the nose?
I will call to Pepi to exit or better stay with Lucy? Y etc. Etc. etc. Let us not remain single or in the superficial, brain not being spent by using it a lot and it is a pity that a perfect machine hardly used, some even have it virtually intact when they put the costume of pine. Should try to get as a drill into that mysterious and exciting path that is self and dig and deepen although many times do not like what you see, although sometimes there is who has been a pleasant surprise, Wow Wow, not I thought that this could leave me!. Even some feel important by giving an unexpected touch of intelligentsia is going to allow peek to an unknown world, the knowledge, but from there, until arriving at the Summit of wisdom is a very long stretch that not all are able to carry out.