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TheDeal.com offers a nice rundown of the top 10 deals of the boom years, concluding that they are holding up well. This is something of a surprise given the pathetic valuations for leveraged loans... Read more...
FAS 157, the controversial fair accounting rule, will be the topic of a roundtable today at the Securities and Exchange Commission. As you know, the rule has become the center of much controversy,... Read more...
JPMorgan Chase was able to raise $1.6 billion to buttress its balance sheet, but the money did not come cheap. The preferred debt issue... Read more...
The Financial Times suggests that the purchase by the Blackstone Group of debt boutique GSO Capital Partners last year speaks volumes about the credit universe that... Read more...
The truth hurts; at least it can when it comes to valuations of structured credit products. We're seeing a host of activity these days that seems to be placing a more realistic valuation on certain... Read more...
Forbes notes that Lehman Brothers has $24 billion of residential mortgages and another $29.4 billion of commercial mortgages on its books. There has been talk that... Read more...
Back in June, it was reported that Lehman Brothers was in talks with BlackRock about various mortgage-related securities. No deal ever emerged. Now comes word from CNBC that the two are once again in... Read more...
Will Lehman Brothers be forced to sell its Neuberger Neuman asset management unit? There's been a lot of talk that it might be forced to find a buyer or sell shares to... Read more...
We've noted that most banks big banks have fewer options when it comes to capital raising. Public offerings are increasingly hard, given concerns about dilution among other things. Outside investors... Read more...
This might get you punched in some offices: The current slowdown in deal making is a healthy thing. The case is really not hard to make, and Citigroup has made it well,... Read more...