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Breakingviews notes another reason to think that the worst of the credit crisis may have passed. Credit default swaps on collateralized debt obligations and leveraged loans have staged impressive... Read more...
The Lehman Brothers bears took a bath when the market rallied on the news that the company had raised $4 billion to shore up its capital... Read more...
Recall all the rumors about Bear Stearns right before its final implosion; they were pretty intense--so intense that the SEC is looking... Read more...