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Showing 171 - 180 of 260 results for "Lehman"

We've left bottom

BENJAMIN ONG  |  TUESDAY, 26 MAY 2009
... markets went into a tailspin. The spread went from just around 10 basis points pre-GFC to a high of more than 364 bps after Lehman Brothers collapsed. This narrowing spread - courtesy of falling Libor rates - is evidence that the money flooded into the ...

No two ways about it

BENJAMIN ONG  |  FRIDAY, 22 MAY 2009
... downgrade may just be that - a threat. Prior to the GFC, international ratings agencies would have upgraded the AAA ratings of Lehman, AIG, Fannie, Freddie et al if they could because of their exposure to rising assets - property, collateralized debt ...

Perpetual starts legal proceedings to claim funds

MICHELLE BALTAZAR  |  THURSDAY, 14 MAY 2009
... Retail investors then got caught in the middle of the credit default swaps (CDS) sector collapse as Saphir Finance sought Lehman Brothers Special Financing, a unit of the failed Lehman Brothers, for "collateral" or as its portfolio counterparty. Mahogany ...

Rated AAA

BENJAMIN ONG  |  MONDAY, 27 APR 2009
... This was back in 2002. This was repeated less than a year ago, on 15 September 2008. Remember that day? It was the day Lehman Brothers 158-year corporate history became history. On this very day that Moody's reportedly decided to downgrade Lehman's rating ...

UK pensions turn to alternatives

COMPANY RELEASE  |  THURSDAY, 23 APR 2009
... like active currency strategies and hedge funds, since the last survey a year ago. "The banking crisis and the collapse of Lehman Brothers highlighted the operational risks associated with the investment of institutional assets and brought counterparty ...

Plato receives $20m inflow

MICHAEL HOBBS  |  TUESDAY, 7 APR 2009
... more than half a year. Don Hamson, Plato Investment Management managing director, said inflows had remained stagnant since Lehman Brothers collapsed in September but that trend had turned around recently. "I'm not sure if it is suggesting the bottom ...

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... problem would eventually go away. Perhaps AIG was indeed the culprit in the first trading day of March's sell-off. Just like Lehman Brothers did the first wave last year. The question is when will this cycle of too big to fail institutions' losses covered ...

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
... securities or property remains greater than the reward. Investors could buy blue chips and AAA-rated securities. Two words. Lehman Brothers. As long as fear remains ingrained in the collective market psyche, even free money becomes scary.

If in doubt, stop securities lending: WW

MEDIA RELEASE  |  FRIDAY, 28 NOV 2008
... firm. Regarding counterparty risk, lending agents were able to re-purchase most clients' assets within two days of the Lehman Brothers default. While the lending industry coped well with the process, it highlighted the risks involved. On collateral ...

In defense of Citi

BENJAMIN ONG  |  TUESDAY, 25 NOV 2008
... US government's bail-out of Citigroup shows that policymakers have learnt the lessons of September when the collapse of Lehman Brothers launched financial market panic of seismic proportions. The 158-year old Lehman Brothers - may it rest in peace -- ...