(AFX UK Focus) 2010-02-19 15:41 Brevan Howard says no exposure to Greek debt, CDS-letter
(AFX UK Focus) 2010-02-19 15:41 Brevan Howard says no exposure to Greek debt, CDS-letter
LONDON, Feb 19 (Reuters) – Brevan Howard, Europe’s biggest hedge fund firm, has no exposure to Greek debt or credit default swaps and has no plans to short the bonds or buy protection in the foreseeable future, according to an extract from a letter to investors. The firm also said it had no exposure to Portuguese, Italian or Spanish debt or CDS, and had no intention of shorting or buying …
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Categories: credit meld Tags: 1541, 20100219, Brevan, CDSletter, debt, exposure, Focus, Greek, Howard, Says
Fed’s Dudley Says Economy Growing With Low Inflation (Update2)
Fed’s Dudley Says Economy Growing With Low Inflation (Update2)
Feb. 19 (Bloomberg) — Federal Reserve Bank of New York President William Dudley said the U.S. economy is recovering from the recession with stronger-than-expected growth and diminishing job losses.
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Romney Says Obama’s ‘Lack of Focus’ Led to Failure on Economy
Romney Says Obama’s ‘Lack of Focus’ Led to Failure on Economy
Feb. 19 (Bloomberg) — Former Massachusetts Governor Mitt Romney , a potential 2012 Republican presidential candidate, said President Barack Obama focused on overhauling the U.S. health care system to the detriment of the economy.
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Colombia Bond Slump to Deepen on Uribe Deficit, Torres Says
Colombia Bond Slump to Deepen on Uribe Deficit, Torres Says
“The budget deficit ensures the supply of local debt will keep rising,” Torres, who now helps manage a $53 million infrastructure fund for Nexus Capital Partners SA, said in a telephone interview in Bogota yesterday. “That scares investors.
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Italy Is Top Threat to Euro, Columbia’s Mundell Says (Update3)
Italy Is Top Threat to Euro, Columbia’s Mundell Says (Update3)
“Italy has got to be worried,” Mundell, a professor at Columbia University, said today in a television interview in New York. “If Italy became a target then this would create a big problem for the euro.
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Categories: credit meld Tags: Columbia’s, euro, Italy, Mundell, Says, threat, Update3
Financial regulation a high priority, says Maine’s delegation
Financial regulation a high priority, says Maine’s delegation
Nearly 18 months ago the near collapse of the financial system triggered a recession and caused a public outcry to reform oversight so that the risky schemes of Wall Street would not again threaten …
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Categories: credit meld Tags: delegation, Financial, high, Maine's, priority, regulation, Says
(AFX UK Focus) 2010-02-11 10:29 Credit Suisse says 2009 bonuses average $135,000
(AFX UK Focus) 2010-02-11 10:29 Credit Suisse says 2009 bonuses average $135,000
LONDON, Feb 11 (Reuters) – Credit Suisse will pay staff an average bonus of 144,000 Swiss francs ($135,500) for 2009, including 86,400 francs in cash, with the Swiss bank saying it was leading attempts to “strike the right balance” on payouts. Credit Suisse will pay 6.85 billion francs in bonuses for 2009, up from 2008’s depressed payouts but a fifth down from average pay in 2007. It said 4.1 …
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Categories: credit meld Tags: $135000, 1029, 2009, 20100211, average, Bonuses, Credit, Focus, Says, Suisse
Dry-Bulk Rates Will Rise in Q1, Poll Says
Dry-Bulk Rates Will Rise in Q1, Poll Says
Readers of TheStreet are bullish on dry-bulk shipping rates early in 2010.
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Credit Suisse says at strongest since crisis hit
Credit Suisse says at strongest since crisis hit
By Lisa Jucca
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Court Says Jonesboro Shooter Can Appeal Theft Plea
Court Says Jonesboro Shooter Can Appeal Theft Plea
The Arkansas Supreme Court says Mitchell Johnson can appeal his sentence on credit card theft and identity fraud… even though he pleaded guilty to the charges.from Channel 7
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