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This sounds like a bad idea:
July 8 (Bloomberg) -- Morgan Stanley plans to repackage a downgraded collateralized debt obligation backed by leveraged loans into new securities with AAA ratings in the first transaction of its kind, said two people familiar with the sale.But despite my diligent efforts to understand the finance industry, I can't be sure. Help! Megan? Michael Lewis? Planet Money?
Lifetime Networks CEO Andrea Wong on acquiring Project Runway, surviving her years at MIT, and making "TV women can escape with."
The Atlantic's July/August issue is devoted to ideas that can change the world. Highlights:
The Coming Green Economy Barack Obama is preaching the gospel of clean energy. Can he succeed where Jimmy Carter failed?
Get Smarter Humans have survived the centuries by evolving into quick-witted creatures. Now technology and pharmacology provide a new boost to intelligence.
Dr. Doom Has Some Good News Nouriel Roubini is a famous—and famously prescient—economic pessimist. So why is he smiling?
How Iran Could Save the Middle East An unlikely alliance with Israel might bring peace to the region.
Re-engineering the Earth New techniques can change the climate quickly and cheaply. Why are scientists afraid to mention them?
15 Ideas To Save the World Privatize the seas. Redesign the dollar. Scrap the vice presidency.
Copyright © 2010 by The Atlantic Monthly Group. All rights reserved.
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