Just as thousands of Americans occupy “Main Street USA” demanding Wall Street accountability, high-ranking officials in the Obama administration are pushing for a deal that would let these giant institutions off the hook.
He has excellent name recognition, he's extremely well organized, he's a great fundraiser, he's become a polished debater, and he's not gaffe prone....All that being said, there's a reason why Mitt Romney has been unable to walk away with the nomination despite all of those advantages.
The gurus of financial engineering seemed to think if toxic mortgages were combined into one bundle (the pot), and then divided into separate tranches (bowls), the end result would be tranche #1 of better quality than tranche #2, and so on.
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