MetLife Inc., the biggest U.S. life insurer, spent at least 20 percent of the $38 billion in cash it held in December, buying government and âhigh-gradeâ corporate debt to boost returns.
38 $ billion in cash. Oh boy ! That hurts to read !
Broadening the TALF to include older, illiquid and lower- rated securities could allow the participants in the public- private investment funds to potentially repackage assets and sell them on to a wider group.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aYnbqnw8K3pc&refer=home...
In Light of Continued Stress in Financial Marketsâ¦.
â¦â¦.the Federal Reserve Board announced the adoption of a final rule that delays until March 31, 2011, the effective date of new limits on the inclusion of trust preferred securities and other restricted core capital elements in tier 1...
Morgan Stanleyâs currency expert and emerging markets strategist Stephen Jen has been quick to leap on the significance of the push to give the IMF extra funds to channel to Eastern Europe. Citing what he calls a âgame changerâ for forex markets - and for Europe in general - Jen has...
The tally of unemployed British workers rose to 2.03 million in the November-to-January period for an unemployment rate of 6.5% when measured by International Labor Organization standards, the Office for National Statistics reported Wednesday. The number of unemployed rose by 165,000 from the...
Hum...would be true if loan agreements wouldn´t have an adjustment / cap clause prevailing them falling below certain thresholds. That´s how many U.K. borrowers have been "trapped". Don´t know exactly about the situation in the U.S. But here is a website tracking loan performances - mortgage...
Quote from ASusilovic:
240 min SMA 752.75. Resistance 758.25 / 771.50 / 789.00. Support 739.00 / 726.75 / 708.00.
What has been resistance becomes support. :)
Given the recent strenght of EUR there is no reason to believe fairytales of "Eastern European" armageddon.
Moodys plaid ONCE AGAIN a very suspicious part with regards to the timing of their downgrades and has been massively critized by six central banks from Eastern Europe.
SAN FRANCISCO (MarketWatch) -- Citigroup Inc. was fined $2 million by the Financial Industry Regulatory Authority on Tuesday because it published erroneous Nasdaq transactions that triggered executions at other firms. FINRA said system failures at Citigroup Global Markets published by mistake...