Another installment of “What happens when I look for Indie Retailers while hungry” is filled by Blu Sparrow and their luscious looking, err, balls and flavored popcorn. I plan to order some of the popcorn for my grandfather’s upcoming birthday and the Carrot Cake Balls for my upcoming snacking.
In Alabama and in Germany. Excerpts posted with no comment other than my thoughts are with the family and friends of those that were killed or injured.
The layoffs have hit the neighborhood of Sesame Street. Big Bird and his buddies are safe- especially Oscar, who has the most recession proof housing around.
This is a chart of the CDS spread from yesterday, courtesy of Baseline Scenario, and it paints a less rosy picture of Citgroup than the company’s memo (and Wall Street’s reaction). Credit default swaps (CDS) are essentially insurance policies issued against bonds (or bond-like investments) that allow the investor to put most of the risk in the hands of others for a fee. They have serious drawbacks (see: AIG, near collapse of) but have historically served as indicators as which direction things are heading.There are those who think that the market is so broken at this point that CDS spreads don’t offer reliable readings but there are others who think they’re still worth a glance.
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