Search Results | Showing 11 - 20 of 75 results for "CDO" |
| | | The largest public pension fund in the US, CalPERS, has expressed its support for the US government's civil lawsuit against credit rating agency Standard & Poor's Rating Services. Early this month, the US Department of Justice sued the agency for fraud ... |
| | | | ... relates to a case of non-disclosure around $140 million that (CBA) investors lost on synthetic collateralised debt obligations (CDO) - one of the catalysts responsible for triggering the GFC. If CBA is found to be in breach of section 192A of the Corporations ... |
| | | | ... spook being peddled by Standard & Poor's - you know the one, the credit-rater who gave what later turned out to be rubbish CDO's and other structured securities glowing AAA's back in the days; and the one the Federal Court of Australia found guilty of ... |
| | | | ... says we'll only disclose the major assets. It reminds me of the days when I ran securitisation around the world and we had a CDO business and we used to have a 10% bucket which was the minor assets - it's actually where often the riskiest assets were ... |
| | | | "Don't go talking too loud, you'll cause a landslide, Mr. Jones." - The Bee Gees, New York Mining Disaster The optimism that warmed financial markets for the best part of the first six weeks of 2012 has been dented by the comeback of the European sovereign ... |
| | | | ... deficit and debt, country A downgraded. S&P was right! The same it was spot on when it - and Moody's and Fitch - gave junk CDO's and other structured securities glowing AAAs back in the days. The result was the same, they were correct for their ratings ... |
| | | | ... together represent over 90% of the group's consolidated assets." Yes, them the bad news. The ones who not so long ago gave toxic CDO's and structure investment products a glowing, shiny AAA. Now they're overcompensating for their misjudgements. But just ... |
| | | | Global fund manager T. Rowe Price credits its longevity in the cut-throat world of finance to its strong culture - so strong some of the staff just celebrated 25 years with the business this year. Visiting Sydney last week, the firm's director of global ... |
| | | | ... bestowed AAA ratings on bonds backed subprime mortgages, as well as the alphabet soup of structured products (ABS, CDOs, CLOs, CDO-squareds) that were issued en masse banks during the credit bubble. Those securities were downgraded after investors lost ... |
| | | | Here we go again! Just when we all thought that the Greek problem is done and dusted - at least until the next time it needs to be done and dusted - along comes that other Greece, and it's name is Portugal. Warnings galore. Credit-rating agencies went ... |
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