This one is right on target…

Five Things You Need to Know: Carina CD-Oh-No; What Is a CDO?; Down In the Tranches; Dominoes; Capitulation vs. Kickoff

* It’s an important story.
* Carina CDO Ltd., the CDO in question, is the first CDO to begin unwinding.
* According to S&P, the ratings on the most senior class of Carina CDO Ltd. were lowered to BB, two levels below investment grade, from AAA, while another AAA class was slashed 18 steps to CCC-.
* For all intents and purposes that means it is practically bankrupt.
* “The chance of material losses to noteholders is high, New York-based S&P said,” according to Bloomberg.

Not that different from… Eta Carinae

It may be more than just a coincidence that the names are so similar…

ETA (Estimated Time of Arrival) Carinae????

McCain says that he has relatives who lived to be 98–so he’s not too old to be prez—this is fuckin desperate!!!

So he hauls his senile ranting Mom out and this proves that he is capable????

Well, at least HE realized that she had crossed the line…but he’s had more than a few “Bomb, Bomb, Bomb Iran” moments, too.

Five Things You Need to Know: Carina CD-Oh-No; What Is a CDO?; Down In the Tranches; Dominoes; Capitulation vs. Kickoff

* It’s an important story.
* Carina CDO Ltd., the CDO in question, is the first CDO to begin unwinding.
* According to S&P, the ratings on the most senior class of Carina CDO Ltd. were lowered to BB, two levels below investment grade, from AAA, while another AAA class was slashed 18 steps to CCC-.
* For all intents and purposes that means it is practically bankrupt.
* “The chance of material losses to noteholders is high, New York-based S&P said,” according to Bloomberg.

Not that different from… Eta Carinae

It may be more than just a coincidence that the names are so similar…

selise @ 113

correction:
and who how would that be worse?

This is their feeble attempt to explain their twisted logic…

“Democrats on Friday argued that votes on a procedural motion, like cutting off a filibuster, should not be equated with a vote on an underlying nomination or bill. A Democratic leadership aide said there likely would have been enough support to cut off a filibuster, making it frivolous to schedule a time-consuming procedural vote to end debate. The aide also said that ‘filibustering a Cabinet nominee is a bad precedent,‘ given that there is a possibility a Democrat may occupy the White House in 2009.

Similarly, Sen. Byron Dorgan of North Dakota, who chairs the Democratic Policy Committee, said Friday it would have been an ‘extraordinary’ move for Congress to filibuster a presidential Cabinet nominee.”

http://thehill.com/leading-the…..11-09.html

my bold.

hence the kabuki… the goal was to prevent us from knowing which senators – who voted “no” or did not vote – really wanted to see mukasey’s nomination succeed.