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Showing 21 - 30 of 43 results for "Credit default swap"

Perpetual settles over Mahogany

JOHN MCDULING  |  MONDAY, 6 DEC 2010
... issued by UK based Saphir Finance plc. Saphir in turn purchased 'collateral' to secure its obligations under a credit default swap agreement with Lehman Brothers Special Financing (LBSF) and for the credit-linked notes it had sold to Mahogany. When Lehman ...

Healing US, crouching Europe

BENJAMIN ONG  |  TUESDAY, 9 NOV 2010
... smiling. An Irish newspaper report questioning the government's capacity to reduce spending next year sent credit default swap rates against Irish government debt surging to a record 598 basis points. Spanish CDS also rose to record highs. Could this ...

Market Wrap - Morning

AAP  |  FRIDAY, 25 JUN 2010
The Australian share market has received strongly negative leads from key indices overnight, although commodities markets were stronger, with precious metals, copper and oil all rising. At 0730 AEST on the Sydney Futures Exchange, the September share ...

J.P. Morgan strengthens local derivatives hub

MICHAEL HOBBS  |  WEDNESDAY, 26 MAY 2010
J.P. Morgan Treasury & Securities Services (TSS) is set to grow its local arm by at least 100 new staff this year and improve its derivatives-related services in Australia. David Braga, head of product at J.P. Morgan Treasury and Security Services Australia ...

Rambo

BENJAMIN ONG  |  THURSDAY, 20 MAY 2010
United we stand, divided... the euro's sunk! Rambo. What was Germany thinking, going it alone to battle the battalions of speculators determined to burn the euro to the ground? Germany banned the naked short selling on European government bonds, shares ...

Nein to naked shorts

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2010
If you can't beat 'em, regulate 'em... again. The Germans must have been standing too close to the euro kitchen that they could no longer bear the heat. After all, them Deutsche -- more than any other Eurozone-member nation -- have much at stake and ...

Liar

BENJAMIN ONG  |  FRIDAY, 23 APR 2010
"Oh what a tangled web we weave, when first we practice to deceive." - Sir Walter Scott (Marmion, 1808) Greece has just climb 10 notches up crap creek when Eurostat - the European Union's official Statistician - called it a liar. Eurostat revealed last ...

Goldman Sachs accused of fraud

SEC RELEASE  |  MONDAY, 19 APR 2010
The Securities and Exchange Commission (SEC) has charged Goldman Sachs and one of its vice presidents for fraud relating to subprime mortgages. The SEC is charging Goldman Sachs for defrauding investors by mis-stating and omitting key facts about a ...

More of the same

BENJAMIN ONG  |  THURSDAY, 11 MAR 2010
Bohh...ring! And I woke up early for this! There were some after-party celebrations to the bull market's one-year anniversary - but only just. Wall Street closed higher -- Dow up 0.03 per cent, S&P 500 up 0.5 per cent and Nasdaq up 0.8 per cent. As ...

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
You are the definition of moral hazard! These words - delivered by Kentucky Republican Senator Jim Bunning at Ben Bernanke's Senate hearing on his nomination for a second term as Chairman of the US Federal Reserve - perhaps reflects the embodiment of ...