This Is What Cynthia Nixon Looks Like With No Hair
Cynthia Nixon is known for her short, red locks as Sex & the City's Miranda Hobbes but on this morning's Live! with Kelly, Nixon debuted a much, much shorter 'do. The actress, 45, shaved her head...
View ArticleThe Euro Takes A Tumble After Lagarde Suggests The Public Sector Could Take...
The euro tumbled about $0.01 in early trading today, sending the currency below the $1.30 handle it has been flirting with for the last few months. That comes as reports surface that the European...
View ArticleA New Watershed Moment In The Euro Crisis?
Up until now, the private sector has been expected to bear the burden of an imminent Greek debt restructuring by voluntarily accepting losses of 50% or more. Talk from the International Monetary...
View ArticleThe ECB Is Despairing About How To Deal With The Greek Debt Debacle
A few smooth words from Christine Lagarde, and public sector involvement in the Greek bailout is suddenly a topic of conversation among Europe's political elite. We've argued that this is a positive...
View ArticleCHART: You're Going To Need Big Haircuts To Make PIIGS Debt Sustainable
Interesting calculations posted by Spiegel from the Kiel Institute on the sovereign haircuts which would make the debt of the listed countries sustainable. We would love to see the calculations for...
View ArticleEmergency Meeting Called In Greece, New Sign Bailout May Be In Trouble
Negotiations between Greece and its creditors about the terms of an orderly Greek restructuring appear to have stalled in Athens, amid troika adamance that the country accept even more dramatic...
View ArticlePressures Mount On Greece: Here's What's Ahead Tomorrow
Headlines from Greece appear to have died down today, as Greek politicians, banking representatives, and troika officials continue to hold simultaneous negotiations on proposals that are necessary to...
View ArticleHere's What It Means For The ECB To Take A Hit On The Greek Restructuring
According to reports from the WSJ yesterday, the European Central Bank has conceded that it would accept writedowns on the face value of its €50 billion ($66.3 billion) in Greek bond holdings, fueling...
View ArticleJust How Inevitable Is A Credit Event In Greece?
Speculation has abounded for the last few months over whether or not there will be a credit event in Greece, where credit default swaps (essentially, insurance contracts on Greek bonds) will be paid...
View ArticleAll The Details On The Major Hit Greece's Creditors Are Going To Take
UPDATE: The release is out! Here are a handful of the highlights: Greece says its bonds have an aggregate outstanding value of €206 billion It looks like 75% bondholder participation will be necessary...
View ArticleHere's The Latest On Greece, And Whether It Will Get Its Bailout
While we still have to wait until Thursday to get a final number on how many of Greece's private creditors will participate in a bond swap deal requisite for EU leaders to give the struggling country...
View ArticleGerman Tabloid Refuses To Exchange €10K Of Greek Bonds In Swap Deal
German tabloid Bild announced this morning that it would not participate in the Greek bond swap deal and accept writedowns of about 70 percent on its holdings of Greek bonds, according to AFP. The...
View ArticleREPORT: Greece Has Enough Investor Participation To Go Through With Bond Swap
Bankingnews.gr reports that Greece will have 76.6 percent participation in the bond swap deal. That exceeds the 75 percent approval it needs to activate collective action clauses it recently inserted...
View ArticleROUBINI: Greece's Private Creditors Are Actually Getting Lucky In The Second...
Greece's private creditors should really stop complaining about an upcoming bond swap, argues economist Nouriel Roubini in a column published today in the FT. Greece's creditors have been miffed about...
View ArticleA 30-Second Guide To The Precarious Situation In Greece Right Now
Greece is on the brink of receiving its second bailout, and in case you haven't been following every headline, we wanted to provide a little background on what's going on. Under the current bailout...
View ArticleSplurging On That Fancy Haircut Might Actually Be Worth It
Is spending money on your hair a worthwhile investment? A few years ago, a study at Yale University declared the phenomenon of bad hair days leading to bad days in general to be true. Now, granted,...
View ArticleThe Surprising Story Of The ’Anti-Fascist Warrior Hairdresser’ Vidal Sassoon
From shampoos and conditioners to hairdryers and other styling tools, there are few who haven’t used, at some point in his or her lifetime, a Vidal Sassoon product. What most aren’t familiar with,...
View ArticleJCPenney Finally Gets Some Good News, But It's Not From Selling Clothing (JCP)
JCPenney's salon business has finally provided a solid nugget of good news for the embattled department store chain, reports Maria Halkias at the Dallas Morning News. It has been giving away free...
View ArticleJCPenney's Free Haircut Promo Did So Well That It's Becoming Permanent — With...
JCPenney's free haircuts for back-to-school was a big success, and it got lots of people into stores to at least feel the new vibe as CEO Ron Johnson transforms the business. Its salons gave away...
View ArticleThis Amish Bishop Is Facing Life In Prison For Forcibly Cutting The Hair Of...
They say the mullet hairstyle is business in the front but party in the back. But there isn’t much of a party where the ironically-named Samuel Mullet, Sr. is concerned: The leader of a breakaway...
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