Securitization

Litigation Watch: NY's Disclosure Cop Throws the Book at Merrill...and Others?

Fri, 30 Jul 2010 02:30:00 EDT

Disclosure law has just found its new sheriff, and he's waving a big gun at Bank of America/Merrill, notably going it alone rather than being boxed into others' class actions…

Credit Ratings: Hot Bond Markets, Amidst the Chill of Dodd-Frank

Fri, 30 Jul 2010 02:30:00 EDT

Corporate bond offerings are hot these days, despite Dodd-Frank’s confusing impact on bond activity. Issuers from Agilent to Target, lured by low long term rates, have recently...

Ghosts of CDOs Past: Subprime Litigation Spooking Hedge Funds

Wed, 28 Jul 2010 03:00:00 EDT

Subprime chickens are still coming home to roost for hedge funds like Highland Capital Management and one-time fund operator Carlyle Group, which have been the targets of recent lawsuits…

Regulatory Watch: The Incredible Shrinking TALF

Fri, 23 Jul 2010 03:30:00 EDT

The Term Asset-Backed Securities Loan Facility (TALF) never approached the lofty $200 million in loans that the Federal Reserve envisioned and now it’s getting even smaller…

Litigation Watch: Goldman’s Settlement, Unsettling Wall Street?

Wed, 21 Jul 2010 03:00:00 EDT

Goldman might have settled with the SEC, but disclosure norms for synthetic CDOs are far from settled. The SEC’s $550 million settlement and consent with Goldman Sachs is trailblazing in more ways than one…

SEC Creates Units for Financial Firms, ABS

Fri, 16 Jul 2010 14:40:00 EDT

The Securities and Exchange Commission said it created three expert units to focus on big financial companies, complex securities and securities offerings...

Enforcement Watch: SEC, Goldman Agree to Record CDO Settlement

Thu, 15 Jul 2010 18:00:00 EDT

The SEC and Goldman Sachs have reached a record $500 million settlement of charges related to insufficient and misleading disclosure. In the case of SEC v. Goldman Sachs and Fabrice Tourre, the Commission charged Goldman with...