Tag:
Collateralized debt obligations
Latest Headlines
Latest Headlines
SEC may charge S&P over faulty CDO ratings
Civil action may be coming from the SEC against Standard & Poor's over a troubled 2007 CDO offering that was awarded a top AAA rating.
S&P says it has received a Wells notice, informing it that the SEC might bring charges for "violations of federal securities laws with respect to S&
Goldman Sachs regulatory woes complicate Blankfein's exit
The recent uptick in regulatory action aimed at Goldman Sachs--including the public suggestion by a Senator that Goldman Sachs executives might have committed perjury--has complicated the exit of CEO Lloyd Blankfein. If he had thoughts of an exit anytime soon, they most likely didn't last long.
Chanos launches new fund, plans to short China
So, what's the next great short play? After the real estate mortgage-backed bond implosion, could there be another blockbuster of equal magnitude on the horizon? Esteemed short seller Jim Chanos, the man who had the foresight to short Enron, thinks he may have found it.
He's been a vocal criti
Will Deutsche Bank and other banks be targeted for CDO activities?
No one on Wall Street thinks Goldman Sachs (NYSE: GS ) was alone in the way it aggressively packaged and marketed collateralized debt obligations ( CDO news). There was a fortune to be made, and all the top banks had invested heavily in making sure they got their just piece of the pie. Thank
Troubled CDOs still plague Goldman Sachs: Hudson under probe
First it was the ABACUS collateralized debt obligations, then the Timberwolf deals, and now it appears as though the Goldman Sachs Hudson Mezzanine CDO ( CDO news) is the latest to cause regulatory woes. The Financial Times reports that the SEC ( SEC news) is taking a close look at the
Synthetic CDO, mere whipping boy now?
If the synthetic CDO ( CDO news) were a person, we can only hope he or she has thick skin. The concept has been roundly trashed, especially in the wake of the SEC's ( SEC news) charges against Goldman Sachs ( NYSE: GS ) over its ill-fated ABACUS synthetic CDO.
Some people may deem it r
Credit unions and CDOs: Toxic combination
When you think of credit unions, you think of safe, conservative retail banking and lending operations. For the most part, that image is on the money. But at least one thrift got itself into a lot of trouble by dabbling in collateralized debt obligations ( CDO news), which some may find shockin
How onerous would a Goldman Sachs' settlement be?
The world assumes that Goldman Sachs ( NYSE: GS ) has begun settlement discussions with the SEC ( SEC news), regarding the charges that it fraudulently sold a collateralized debt obligations ( CDO news) to unsuspecting customers. How much would it cost the firm? The estimates have ranged f
Disclosure issue? Goldman Sachs executives knew about SEC complaint nine months ago
Bloomberg reports the SEC ( SEC news) sent Goldman Sachs ( NYSE: GS ) a Wells notice in July. Which raises an obvious question: Why didn't Goldman Sachs disclose that a probe had been initiated?
There was some general disclosure. "GS&Co. and certain of its affiliates, together wit
CDS market makes a comeback
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. Bloomberg reports the markets are rising. In some quarters, these assets are reviled, synonymou
