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The local Gateway people were kind enough to supply me with their Select 1000 desktop machine, powered by AMD's Athlon chip.

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These transactions were very complex internally, but externally one can see quite simply that these select few constructed a money machine that took mortgages, a large percentage of which were junk, as input and put out mortgage backed securities that were rated AAA. Plus, these money machines insured the transactions as though the mortgages were top rated (a 2% default rate, as I recall).

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The banks will select eight charities which people will be able to choose from when they use a cash machine.

BBC: Cash machines set for charitable donations

While most NYU students probably set out to enjoy the lovely October sunshine this past weekend, a select few with particular drive gathered at the Stern School of Business to partake in the Lean Startup Machine, the most intensive workshop arranged by the Berkley Center so far this fall.

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