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Showing 11 - 12 of 12 results for "Billion Dollars of"

NY firm defrauds billion dollar CDOs

RUTH LIEW  |  TUESDAY, 22 JUN 2010
... and its parent company Institutional Credit Partners LLC also are charged in the SEC's complaint. More than a billion dollars of trades for the Triaxx CDOs were made when the ICP and Priore knew they were at inflated prices, alleged the SEC. ICP and ...

Fed shoots from the hip

SUZY MAC  |  MONDAY, 20 AUG 2007
In a huge turnaround of priorities, the US Federal Reserve, which last week was more concerned about inflation than a sub-prime activated credit crunch, decided to cut its discount rate by 0.5 per cent to 5.75 per cent. The Fed charges this rate on ...
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