Credit default swap gives you something to do. You can buy some credit default swaps from them to protect yourself against the bankruptcy of people who owe you money.
If you pay attention to where your exposures are, you might tend up buying credit default swaps against a variety of people that you - companies that you deal with.
So what is the role that credit default swaps can play in an economy? Well my feeling is that if these things actually will now be traded on either exchanges or some kind of central clearing, they are going to be a very good measure of the credit worthiness of different companies.
I think the credit default swaps can take the place of the rating agencies who really have missed the ball in this procedure and are quite conflicted by the way the ratings are paid for. So, I would like to see credit default swaps become an evermore important way of understanding credit risk in the economy.
First click attribution is akin to giving my first girlfriend 100% of the credit for me marrying my wife.
We are all self-made men and women, but only the successful take credit for it.
Floyd Paterson? Boy, he's the complete opposite to me. He no way like me. They go down in history for just being athletes. I'm getting more praise and credit for doing what I'm doing now on this show than coming here and beating five of your English champions.
The only problems I sometimes have is if I ask for a piece for a group show, if I ask for a piece - I would like to put it into a show, sometimes the collectors get possessive about it and don't want to let something happen. Say you get full credit, you know. You give them your name, the catalog and it always enhances the value of the piece, you know, the more shows it is in, blah, blah, blah.
Marco Rubio has a disaster on his finances. He has a disaster on his credit cards. When you check his credit cards, take a look at what he`s done with the Republican Party when he had access, what he had to put back in, and whether or not something should have happened, you`ll understand it.
If you look at the way society is structured , it is structured to keep people overwhelmingly in a state of fear and always trying to survive, in terms of physically, in terms of terror, in terms of financially, the credit crunch, rising food prices; all this is survive, survive, survive.
I'm not critical of the people who do psychotherapy. The therapists in the trenches have to face an awful lot of the social, political, and economic failures of capitalism. They have to take care of all the rejects and failures. They are sincere and work hard with very little credit, and the HMOs and the pharmaceutical companies and insurance companies are trying to wipe them out. So certainly I am not attacking them. I am attacking the theories of psychotherapy.
I just take credit for being smart enough to find a guy as smart as Benett [Miller] to tell the story [of "Moneyball"].
Marco's [Rubio] had this hanging over his head for a long time. I've been hearing about his credit card problems for so long, what he did with the Republican Party. You had people that doing the checking, accounting people and other people - I mean, they were devastated that nothing was done with Rubio because of what he did.
I just have to give credit when it's due because there are some things that took place in my life that I couldn't explain at all.
I also call my family and see what's going on with them before I start my day with interviews, rehearsals, or anything else. I just want to do everything well and still be there for my husband and children. I am so grateful for my family because they are so understanding. I can't take all of the credit; it's a team effort.
There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they've run up - to pay their mortgage debt, to pay the credit card debt, to pay student loans.
Today, people are having to spend so much of their money, to acquire a house and to get an education that they don't have enough to spend on goods and services, except by running into yet more debt on their credit cards and other borrowings.
Everybody would be better off if they could buy housing for only, let's say, a carrying charge of one-quarter of their income. That used to be the case 50 years ago. Buyers had to save up and make a higher down payment, giving them more equity - perhaps 25 or 30 percent. But today, banks are creating enough credit to bid up housing prices again.
If you hit minorities they're gonna blame conservatives, Second Amendment, guns, and the terrorists won't get their due credit. So from now on acts of terror, only hit white people, because hate crimes against them are permitted, and the media will play it up.
I have to give credit to the NBA, because they've done an unbelievable job of taking our game global and putting us in a position to be able to come here and other places in the world and see how big the game of basketball is. If you have never been here, you might not really understand how amazing and how big basketball is. These fans in China love the sport, and they have more players playing than we have people living in the US.
I was told I had to go to business school to succeed. I gave it a shot, but eventually dropped out to bootstrap a restaurant with just a Visa card and a $20,000 line of credit. Everyone told me restaurants were hard work (and they were right! I have so much respect for anyone in the restaurant business). I ran the restaurant for two years, sold a franchise, decided to change paths, and sold the whole operation at a modest profit.
Actually, I can't take credit for any of my decisions. I noticed one day that all my decisions were making themselves, and always at the right time. I haven't had to make one decision since then. They are always made for me, and they come from the wisdom that is in us all. I trust that wisdom completely. That trust itself was a decision made for me as inquiry cleared my mind. No decision, no fear.
Adrian Maben came to us with the idea. And we just thought, "Well, why not?" I don't think any of us thought it would be as well received and last in people's minds for as long as it did. All credit to him. It's his idea [Pink Floyd at Pompeii] and it was great.
I became a bit of a teacher's pet, and it became known in the school by both faculty and students that I really excelled in the arts. So that recognition I credit for my growing interest in art that continued to evolve later on.
We see it in attempts on Capitol Hill to impose gag rules on rules on doctors on what they can say to their patients about family planning. And we certainly see it now with an effort by the government to tap our phones; invade our medical records, credit information, library records and the most sensitive personal information in the name of national security.
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