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...“Trust was shaken today,” Deutsche Bank chief european economist Thomas Mayer told the New York Times. As one executive of a major global bank said later, “It was something none of us had experienced....
...In 2003, the first commercial loan was recorded on the system — a $300m loan by Bank of America, backed by 40 US properties. But we don’t know for sure how popular it is....
...One indenture trustee suit: The Company has been named as a defendant in a case filed in the Delaware Court of Chancery by the Bank of New York Mellon in its capacity as indenture trustee with respect to...
...It went from a passive priesthood, policing the world’s financial markets, to evangelising for them, particularly in regard to structured finance – that is, banks’ repackaging of risky loans through ever...
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