Collateralized debt obligations news from FierceFinance

The bond market has been in rally mode, and that has driven down yields. Which has helped pave the way for the return of credit default swaps and collateralized debt obligations that invest in them.... Read more...

Here's an important piece of the puzzle as to why Bank of America (BAC) failed to inform its shareholders about big losses at Merrill Lynch: Executives relied on a faulty analysis by their lawyers.... Read more...

Recall that, in June FASB ruled that banks have to take all the off-balance sheet assets they hold in qualified special purpose entities (QSPEs) and put them back on their balance sheets. That has... Read more...

Think Merrill Lynch has put the worst of the credit crunch behind it? Goldman Sachs analysts are not convinced. They are telling clients to sell. After a recent stock run that ended last week,... Read more...

People are still talking about JPMorgan's disclosure in a recent 10q that it lost about $1.5 billion due to collateralized debt obligations. A MarketWatch columnist notes that the loss occurred in... Read more...

When John Paulson, of Paulson & Co., bet against mortgage-backed collateralized debt obligations, he didn't hold back. His funds shorted the ABX and longed various credit default swaps--and it... Read more...

We've heard a lot about how Merrill Lynch's deal with Lone Star valued its collateralized debt obligations at 22 cents on the dollar--and the implications that it might have for Citigroup and others... Read more...

Merrill Lynch CEO is feeling some heat right. The latest source of controversy: his decision to sell Merrill Lynch's portfolio of collateralized debt obligations at 22 cents on the dollar. That has... Read more...

As the residential mortgage-backed market fiasco continues to unwind, there has been a lot of fear that the commercial market would come under similar pressure soon. For now, commercial... Read more...

Lone Star Fund's John Grayken is no stranger to troubled assets, notes the New York Times. He made a fortune buying troubled mortgages from the Resolution Trust Corporation in the early 1990s. In... Read more...