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.)...
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!