NEW YORK (Reuters) - Robert Khuzami, the U.S. Securities and Exchange Commission enforcement chief, oversaw Deutsche Bank AG lawyers who were closely involved in developing collateralized debt ...
OVERVIEW -- We lowered our ratings on 18 tranches from four U.S. structured finance-backed CDO transactions. -- We raised our rating on one tranche from one U.S. structured finance CDO transaction. -- ...
The threat of spread-widening continues to lurk just under the surface of benign credit market conditions. One of the unique selling points of a hybrid CDO, Jazz 3, managed by Axa and arranged by ...
Samuel H. Rudman, a partner at Coughlin Stoia Geller Rudman & Robbins, writes that with delinquency and foreclosure rates on subprime mortgages reaching an all-time high last year, there are fears ...
It sometimes seems that the world of finance is nothing but a series of opaque ruses designed to exemplify the expression mutton dressed up as lamb. However, after 18 months of bursting internet ...
After allowing its CDO business to slip in recent years, Citigroup renewed its focus on the growing US market in 2004, bringing resources – including its sizable balance sheet – to bear in a bid to ...