Word: fact
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...decide not to post about your friends, or are you impartial about whom you blog about? - Roberto Torres, Wilmington, Del. I'm not impartial. Nor do I pretend to be. I think my readers like the fact that I have opinions and strong ones. I never set out to become friends with celebrities. The ones that I am friends with know what I do for a living. Also, I'm not friends with the ones that are continually going to rehab or getting arrested...
...greater threat to investors springs from the fact that Wells Fargo's loan losses could exceed the government's expectations. In calculating the stress tests, government bank examiners applied different loan-loss rates for different banks. For instance, bank examiners were relatively tough on Wells' primary mortgage-loan portfolio, predicting that nearly 12% of the loans would default over the next two years. This compares to an estimated loss for Citigroup of just 8% for its primary mortgage loans. That makes sense. More of Wells' mortgage loans are concentrated in California than Citigroup. And California has had more foreclosures than...
...like the next car on a roller coaster. The path was clear: if Chapter 11 was necessary to restructure the smaller, privately owned company, it would surely be needed to resolve the troubles of the publicly held behemoth. But simply seeing where things were headed didn't change the fact that it would be a wild ride...
...Time Warner turned out to be the worst kind of conglomerate, a case study (no pun intended) in dysfunctionality. And once again, it was Case who saw this. In fact, he argued in public in early 2004 that AOL ought to be spun off. (He actually did a pretty good job of predicting the future then too, pointing out that online content would consolidate around powerful verticals.) (See the 50 best inventions...
...group says the iPS cells generated using their method are equivalent to those made using Yamanaka's strategy. In fact, they seem to flourish more robustly than the traditional iPS cells, at least in lab tests that involve regrowing certain cells found in the retina. This could lead to a potential treatment to replace damaged eye cells in conditions such as retinitis pigmentosa or macular degeneration...