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Showing 41 - 50 of 75 results for "CDO"

Surprise

BENJAMIN ONG  |  FRIDAY, 24 APR 2009
Surprise! The exclamation would almost always put a smile on anyone's face especially when the expected worst turns into a welcome better. Financial markets have been bombarded day after day after day with news that went from bad to worse to worst for ...

NAB gambles on its IFS model

WWW.THESHEET.COM  |  FRIDAY, 13 MAR 2009
... "smaller businesses, resilient in tough conditions". The UK banks and some "non-franchise" nabCapital activities (such as CDO origination) are rated "unsatisfactory returns today in tough conditions". Despite the UK's poor rating Clyne said he was not ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
In a weekend interview on ABC Television, US National Economic Council Director Lawrence Summers said "We'll see what happens" and "We'll do what's necessary." This is one of the reasons why I've turned. For once, I believe the powers that be. There ...

Sucked in

BENJAMIN ONG  |  TUESDAY, 27 JAN 2009
Roll out the money-making machine. The US economic and financial situation continues to burn while the politicians fiddle. In spite of the goodwill that Barack Obama took with him to the Oval office and the fact that he has already etched a 'game plan' ...

Market Wrap - Midday

AAP  |  FRIDAY, 25 JUL 2008
The Australian stock market was down about three per cent at noon after National Australia Bank (NAB) reported further losses related to its exposure to complex US mortgage-backed debt securities. The local bourse was also following Wall Street, which ...

Councils take action on CDOs

MICHELLE BALTAZAR AND RUTH LIEW  |  MONDAY, 18 FEB 2008
... and accusations are now rearing their ugly heads as embattled councils attempt to recoup their losses from sub-prime backed CDO investments, but the crisis could spark a government rethink on how councils should invest their funds. Hugh McLernon, executive ...

US titans fall, Australia will rise

RUTH LIEW  |  WEDNESDAY, 23 JAN 2008
How the mighty have fallen. From Merrill Lynch to JPMorgan Chase, the world's investment banking stalwarts have all shed blood from the US sub-prime scalping - but Australian fund managers are weathering the storm. Last week, Merrill Lynch reported ...

Not much of a fix from the freeze

WWW.THESHEET.COM  |  FRIDAY, 7 DEC 2007
There may still be plenty of questions over the virtue and mechanics of the planned "freezing" of loan interest rates for several hundred thousand distressed home loan borrowers in the US. The US government formally outlined the plan this morning without ...

Sub-prime still has teeth

SUZY MAC  |  MONDAY, 5 NOV 2007
... ratings of several of the US's large financial services firms, are expecting a further run on write-downs of leverage loans, CDO's and other "sub-prime related assets". Taking the latest spate of losses into account "sub-prime assets" would seem to be ...

Raging bull in sub-prime abattoir

SUZY MAC  |  THURSDAY, 25 OCT 2007
The offshore-bulls were running rampant overnight, straight into the abattoir as rumours of a huge sub-prime loss for Merrill Lynch proved to be true. The world's biggest brokerage firm Merrill Lynch reported a blowout in losses in its third quarter ...