Hints and tips:
...There are now fewer than 40 Gobi bears — a subspecies of brown bear that lives in the Gobi desert....
...A partner at his firm, Larry Iason, had been retained already by Mark Kurland, the Bear Stearns executive turned hedge manager who was taken into custody that day....
...Lehman tried to shore up its defences this year, securing a $2bn credit line from its banks on March 14 – the Friday before the Fed-engineered sale of Bear Stearns to JPMorgan Chase....
...Delinquencies on prime mortgages are rising fast now, reaching 3.93 per cent in the second quarter, up from 2.25 per cent in 2006....
...Countrywide Home Loans Servicing LP, et al is ostensibly brought on behalf of a class of purchasers of certain mortgage pass-through certificates for which CWALT, Inc. and various issuing trusts filed registration...
...and Alan “Ace” Greenberg, executive committee chairman at Bear Stearns....
...The product had been designed by a crack team of credit experts at the Dutch bank ABN Amro and was called the “Holy Grail of structured finance” by analysts at Bear Stearns....
...“It felt like a little crack was opening,” Carlos says. “But I couldn’t fully trust it.”...
...Paul, London Christian Stracke: By our calculations, the net asset value of a CPDO that launched at the roll of Series 7 CDX / Series 6 iTraxx in September 2006 (when the first deals were emerging) will...
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