Matt_W
2732
Technically it was a slice of a pile of mortgages that cut across various ratings so as to (supposedly) mitigate the risk. With a tranche you could turn a pile of mostly junk into AAA rated securities. The problem was mainly that the ratings of the underlying mortgages were heavily inflated.
Koz
2734
Hey PA results finally. Difference is down to 186k, 2.9%. Still 88% reporting (if that’s accurate).
You have to feel for the lug.
You do have to pay the $3m up front. States are smarter than that when it comes to desperate campaigns that are likely cash-strapped. Wouldn’t be surprised at all if that entered into things.
Down to 37k. Hope Biden wins here because the AZ news is kinda freaking me out :P
Grifman
2740
Yeah, slicing and dicing junk mortgages didn’t make them AAA. It was financial voodoo.
vyshka
2741
He is going to go all Milosevic and need to be dragged out crying
That was me at 5am, and then again at 1pm, and now again 8pm!
Daagar
2743
He didn’t specify what you had to feel.
Eventually maybe like William H. Macy at the end of Fargo.
“It’s a new tone from Trump, and many aides are saying that today is the day he really became president.”
Trip Gabriel, in Butler County, Pa. 2m ago
Almost all of Georgia’s counties with appreciable outstanding votes are tinted blue on the map. This is why the White House is reportedly nervous about the
I feel like it’s a good thing that AZ is tightening in one direction while PA and GA are tightening in the other direction. This might be good for the (let’s just say) less-informed, conspiracy-prone voters out there to see that this is… just the vote counting process in action. Not some Dem plot to steal the election.
I’m working my way through a bottle of wine; Palazzo Della Torre, 2012 Allegrini. It’s not bad and helps take the edge off the past 48 hours!
The really terrible thing about DJT losing is we’ll probably never see the details of his full and complete healthcare plan.
Daagar
2751
Except they won’t notice because they are out somewhere chanting ‘stop the vote’. Morons.