Archive for September, 2008

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How it worked

Consider the Bear Stearns Alt-A Trust 2006-7, a $1.3 billion drop in the sea of risky loans. Here’s how it worked:
As the credit bubble grew in 2006, Bear Stearns, then one of the leading mortgage traders on Wall Street, bought 2,871 mortgages from lenders like the Countrywide Financial Corporation.
The mortgages, with an average size of [...]

Ants are from Mars

Martialis heureka is a living relic of the earliest stages of ant evolution. Scientists have unearthed an ancient ancestor of ants from the soil of the Amazon rain forest that is probably the species from which all other ants evolved.
University of Texas at Austin evolutionary biologist Christian Rabeling, who discovered the blind, subterranean and predatory [...]

New Features on Wordpress

Appearantly, the version of Wordpress running on the blogs.law.harvard.edu server has gotten a major upgrade. Unfortunately a busy RL schedule and a broken hand have limited out ability to fully explore this brave new world, but tonight, at the Thrusday Blogger’s Groupo, I am giving one of the most exciting new fapacities – embedding video [...]

First Female POTUS?

Only four days into her reign as John McCain’s “soul mate,” or “Trophy Vice,” as some bloggers are calling her, on the ticket known as “Maverick Squared,” Palin, the governor of Alaska, has already accrued two gates (Troopergate and Broken-watergate), a lawyer (for Troopergate), a future son-in-law named Levi (a high school ice hockey player, [...]

Still Fighting the Last Century’s Wars

Google seems intent on following the same path to world domination as the previous heavyweight champ – Microsoft – by releasing a “better browser” of their own. Known as Google Chrome, its chief innovation seems to be putting the tabs on top of the address bar. Quite frankly, it will take more than that to [...]


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