New York

Calypso Technology, a multi-asset-class trading and risk management software company, has purchased Codefarm, whose flagship Galapagos platform allows for the construction and management of collateralized debt obligation (CDO) portfolios. Terms of the deal, announced today, were not disclosed.

So what kind of teachers could a school get if it paid them US$125,000 a year?

An accomplished violist who infuses her music lessons with the neuroscience of why one needs to practise, and creatively worded instructions such as: "Pass the melody gently, as if it were a bowl of Jell-O." A self-described "explorer" from Arizona who spent three decades honing her craft at public, private, urban and rural schools. Two with Ivy League degrees.

http://www.info.gov.hk/gia/general/200903/24/P200903240266.htm

CE's speech at luncheon of Credit Suisse "Asian Investment Conference" (English only) (1) (with photos/video)
***********************************************************

WASHINGTON (AP) -- First, the $700 billion rescue for the economy was about buying devalued mortgage-backed securities from tottering banks to unclog frozen credit markets.

Then it was about using $250 billion of it to buy stakes in banks. The idea was that banks would use the money to start making loans again.

Former Goldman Sachs Chairman John Whitehead said Thursday that New York Attorney General Eliot Spitzer threatened him during an April phone call after Whitehead wrote an op-ed piece critical of Spitzer's attacks against American International Group's Maurice "Hank" Greenberg......

In his op-ed piece Thursday, headlined "Scary," Whitehead offered what he said was a transcript of Spitzer's statements: