For decades,diamond merchants in Surat in western Gujarat state have imported rough stones, and exported them to the United States and Europe after they are cut and polished.
VOA: standard.2009.04.03
Add as much as 7-to-1 of leverage and multiply C-BASS 2006 style RMBS by the thousands and you can see why subprime paper is a diamondintherough.
There's been talk the last couple days about the fact that there really isn't anywhere inthe States to take advantage of the blazing 7.2Mbps downlink connection supported by the iPhone 3G S -- except for one great hope, one diamondintherough that could become a shining destination for 3G S owners the world over.