mercredi 21 novembre 2007

TOC 08 & Bear Stearns

En espérant que Bear Stearns ne soit pas emporté par la tourmente du subprime, le spectacle sera encore assuré dans le Grand Central Terminal du 8 au 16 janvier 2008.

Les lignes qui suivent expliquent peut-être l'engouement que rencontre le soft ball aux Etats-Unis, contrairement au plat pays qui est le nôtre où il y a bien longtemps qu'ont été inaugurées de nouvelles installations de squash :

Rated by Forbes magazine as the N° 1 healthiest sport, based on
cardio-respiratory endurance, muscular strength, flexibility, muscular
endurance, calories burned and risk of injury, squash was first played
in England more than 100 years ago. It is now a popular sport in
more than 120 countries. There are 15 million squash players
worldwide and 400,000 in the United States. Squash is contested in
all the major international multi-sport regional games and is on the
short list of sports applying for inclusion in the Olympics.

source : SquashSite


Bear Stearns
The Bear Stearns Companies, Inc. ( NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the large global investment banks and securities trading and brokerage firms in the world. The main business areas now are capital markets (equities, fixed income, investment banking; contributing just under 80%), wealth management (under 10%) and clearing (<10%). title="Traduire: " href="bword://%21%21ARV6FUJ2JP,1923/">1923 and serves corporations, institutions, governments and individuals. It is one of the few investment banks that has stayed independent and not merged with any other bank throughout its history. The company's business includes corporate finance, mergers and acquisitions, institutional equities and fixed income sales, trading and research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custody services. Through Bear, Stearns Securities Corp., it offers global clearing services to broker dealers, prime broker clients and other professional traders, including securities lending.

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Subprime (also sub-prime or B-Paper) describes a specific lending market sector. Typically, subprime products (e.g., loans, mortgages, or credit cards) are for persons with blemished or limited credit history - those who do not qualify for the prime rate market. These products usually carry a higher rate of interest than prime products to compensate for increased credit risk. Subprime lending is typically a 2 year fixed and a 28-48 year adjustable. There are occasionally options to 'fix' a subprime rate, but it is an adjustment to the rate that makes it not worthwhile. Subprime lending commonly originates from different lenders than A-paper, or at least different divisions within a company. Subprime lending can be lenient on Bankruptcies and Foreclosures, though it is usually required one year from foreclosure.

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Grand Central Terminal
This article is about the New York City commuter rail station. For the adjacent subway station, see 42nd Street-Grand Central (New York City Subway). For the former station in Chicago, see Grand Central Station (Chicago).

Grand Central Terminal (GCT, often still called Grand Central Station) is a terminal rail station at 15 Vanderbilt Avenue (42nd Street and Park Avenue) in Midtown Manhattan in New York City. Built by the New York Central Railroad (for which it was named) in the heyday of American long-distance passenger trains, it is the largest train station in the world by number of platforms: 44, with 67 tracks along them. They are on two underground levels, with 41 tracks on the upper level and 26 on the lower.


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