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Latest Headlines

Latest Headlines

Derivatives exposure overly concentrated?

The Fitch Rating reports on derivatives exposure keeps rippling through the industry. Some are outraged to say the least. One money manager puts it harshly : "The fact is that as long as these five banking oligarchies are allowed to continue to exist, then every time they threaten to destroy th

Goldman Sachs, Morgan Stanley lead in commodities

We noted recently that hedging commodities poses big risks for traditional hedgers, ag companies, airlines, energy companies and the like. Big farm corporation Bunge stands as a cautionary tale. There is indeed a fine line between hedgers and speculators at times. But for the Wall Street deale

The return of strategic deals?

The popular idea now is that the Golden Era of private equity has ended. And with that comes the notion that strategic buyers will reassert themselves. It makes a lot of sense. Many companies have been hoarding cash, and that can be used as currency. Remember that all-stock deals can be structured