Monday, February 25, 2008

MarketBeat Gets Vedic on Ambac (ABK; MBI)

Five words I never thought I'd string together.*

And that answer for some reason reminds me of Cliff Clavin on Jeopardy!**:

"Who are three people who have never been in my kitchen?"

Years ago I introduced an Indian guy to a Chicago trader:
"Jerry, this is Siva Kumar ****"
"Huh....Not a local, huh."

Here's a Bhajan Siva used to sing between trades:

Guru Brahma, Guru Vishnu, Guru Devo Maheshwara. Guru Sakshath Parambrahma, Tasmai Shri Gurave Namaha.

Here's MarketBeat:

...(Think of the old Hindu myth of cosmology — MBIA and Ambac are the elephants holding up the earth, and the banks are the turtle holding up the elephants. What holds up the turtle, one might ask.)...
ttt_art_200_20080225102334.jpg
Turtles all the way down? (Wikipedia)

* The referenced article says it is debated whether this is Hindu cosmology.

**The Jeopardy categories in Cliff's game include: Civil Servants, Stamps from around the world, mothers and sons, beer, bar trivia, and celibacy.

Here's Cliff on Jeopardy!