Goldman Sachs, AIG and Berkshire Hathaway offered then to buy out the fund's partners for $250 million, to inject $4 billion and to operate LTCM within Goldman Sachs's own trading. The offer was rejected and the same day the Federal Reserve Bank of New York organized a bail out of $3.625 billion by the major creditors to avoid a wider collapse in the financial markets.

On a winter evening amidst andriving snowstorm a man on horseback arrived at an inn,happy to have reached a shelter after hours of riding over the wind-swept plain on which the blanket of snow had covered all paths and landmarks.The landlord who came to the door viewd the stranger with supprise and asked hm whence be came.

Sure, there's plenty of far fetched concept devices from big players like Nokia, but it's nice to see that folks without millions of dollars in research funding can also come up with equally unrealistic devices, as evidenced by this so-called "Scroll" contraption created by 13 Tech Design.