credit derivatives

Business
Janet Tavakoli is a born storyteller with an incredible tale to tell. In her captivating memoir, Decisions: Life and Death on Wall Street, she takes us on a brisk journey from the depravity of 1980s Wall Street to the ramifications of the systemic recklessness that crushed the global economy.
Business
Class action lawyers have an incentive to win and to keep a case moving forward, but traditional law firms have done some first class work, too. Likewise, some class action law firms have mismanaged cases and floundered their way to a loss for their client.
Business
It may perhaps surprise you to learn that these banks are not charities! Instead, they extract a fee from the hedge funds
Business
If you want to know why relying on information supplied on the internet by anonymous strangers is a bad idea, look no further than Wikipedia's articles on finance.
Videos
Jason Linkins, HuffPost political reporter, talks with HuffPost Live hosts Jacob Soboroff and Alyona Minkovski about 'Fix The Debt', a major player in the deficit hack industry, asking people to contact their representatives to help us avert going off the fiscal cliff.
Business
Nov 8 (Reuters) - JPMorgan Chase & Co has reached an agreement in principle with the staff of the U.S. Securities and Exchange
Business
This is bad for Wall Street, but possibly good for Main Street. Moving derivatives onto open exchanges is one way to help
Business
Peter Tchir of TF Market Advisors tried in a research note this morning to arrive at what some of the big numbers might look
Business
The sudden rush turned the collateral calls into a crisis for everyone involved. AIG didn’t have enough cash on hand to make
Business
So far, much of the reform focus in the wake of the JPMorgan news has turned to implementing the so-called Volcker rule, which
Business
The United States is trying to pull out of the greatest financial tailspins in its history. Dice-rolling braggadacio by a key officer at one of the nation's largest banks is exactly the kind of thing Congress, taxpayers and voters should find scary.
Business
None of those reforms are currently in place, and most of them are in danger of disappearing forever, thanks to the nightmarish
Business
Dimon said the bank had lost $2 billion on the bad bets since the end of March, offset by about $1 billion in separate gains
Business
Before the S.E.C. charges, Egan-Jones was best known for two things: having made some bold calls about shaky credit prospects
Business
"Based on these findings, the researchers conclude that the CDS are used to speculate against the deteriorating conditions
Business
The disputes over credit default swaps on Greece highlight the fact that most participants in the credit derivatives market are at the mercy of ISDA when it comes to interpretation of ISDA's language. The only solution to that is to exercise one's rights.
Business
Ratings downgrades will trigger increased margin calls. This is all business as (un)usual. What isn't usual is diverting money from segregated customer accounts. It's too late to blame "sloppiness, bookkeeping, or accounting."
Business
If anyone thinks that the Commodity Futures Trading Commission (CFTC) has the right stuff to regulate the commodities markets, look no further than its failure to check manipulation in the silver market.
Business
I'd just turned 20 when I began a three-year stint on Citigroup's corporate-derivatives team. I had no work experience to speak of. As my boss said after my interview, I was "f***ing unpolished."
Business
The European Union is shocked -- shocked I tell you! -- that Greece used financial engineering to qualify for admission. Exactly how did they think that weaker countries managed to meet the requirements?