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JPMorgan losses highlight need for credit default swap regulationThe multi-billion dollar losses that JPMorgan Chase has racked up underline the urgent need to better regulate credit default swaps, Sheila Bair, one of America's most powerful financial regulators over ...
Sun, 20 May 2012 10:49:18 -0700.
Stanford Research Team Proposes Changes to Credit Default Swaps to Lower Looming Risks of Sovereign Default
STANFORD GRADUATE SCHOOL OF BUSINESS--If you?re a bondholder of sovereign debt and think you?ve covered your risks by purchasing credit default swaps, think again.
Mon, 14 May 2012 21:01:00 -0700.
Fitch Maintains Stockton Public Finance Authority, CA's 'BBB-' Water Revs on Rating Watch Negative
Fitch Ratings maintains the 'BBB-' underlying ratings on the following Stockton Public Finance Authority, California bonds on Rating Watch Negative:
Fri, 18 May 2012 13:10:00 -0700.
Three cheers for the Wenatchee arena default
There are lessons to be learned from the default on $42 million in debt for the Greater Wenatchee sports-and-entertainment center ? all of them positive, writes guest columnist Benjamin W. Shoval.
Mon, 14 May 2012 15:44:42 -0700.
Fitch cuts ResCap long-term issuer default rating
Fitch Ratings lowered the long-term issuer default ratings for Residential Capital on Tuesday, a day after Ally Financial's troubled mortgage business filed for Chapter 11 bankruptcy protection.
Tue, 15 May 2012 09:33:05 -0700.
Greek Default Risk to Drag on Dow
An escalation of both the Greek crisis and eurozone industrial contraction is likely to weaken the Dow today.
Mon, 14 May 2012 04:58:40 -0700.
Fitch Affirms RPI Finance Trust's Ratings at 'BBB-'
Fitch Ratings has affirmed RPI Finance Trust's ratings in light of incremental bank borrowings of $500 million as follows:
Fri, 18 May 2012 07:27:00 -0700.
J.C. Penney Swaps Erase 3 Years of Progress: Corporate Finance
J.C. Penney Co. (JCP) ?s creditworthiness is back where it was three years ago in the eyes of derivatives traders as Chief Executive Officer Ron Johnson struggles to revive the fourth-largest U.S. department store chain.
Thu, 17 May 2012 06:55:08 -0700.
Student loan default rates rise in Chattanooga and across the country
Default rates on student loans have risen in Chattanooga and across the country, reaching their highest levels in at least three years.
Sun, 13 May 2012 21:13:45 -0700.
The best default Greece could have
A Greek default sooner or later seems inevitable. But the best option ? postponing default to boost fiscal adjustment and chances of staying in the eurozone ? sadly seems the least popular. 14 May 2012 8:14 AM
Sun, 13 May 2012 15:26:26 -0700.