Hints and tips:
...The growing cost of servicing its debt is weighing on the company....
...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...Further reading: The Restructuring Process — Buchheit et al. (2019)Government bonds since Waterloo — Meyer et al. (2021)The aftermath of sovereign debt crises: a narrative approach — Esteves et al. (2021...
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...From the latest BIS quarterly review, in particular its bit on dollar credit to EMs (our emphasis): [Fed largesse]… drove a surge in issuance by both long-standing issuers and new ones (Mizen et al (2012...
...al. (2013), Autore, et al. (2011), and Beber and Pagano (2011)....
...For a company like Rural that is traded on a major exchange, ―[t]urnover measured by average weekly trading of . . . 1% would justify a substantial presumption‖ of market efficiency. 5 Bromberg et al., Bromberg...
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...But unlike Mr Terry et al, Mr Austin remains the beneficial owner and gets to vote his shares and reap the dividends. IGas’s shares tumbled 24 per cent last week....
...No surprise to see GMO et al flag up “impact on third parties” from the start....
...That figure pales against the total value of the US housing market – $23.7tn at the end of 2012, according to Zillow – but it could grow exponentially if Blackstone et al are able to get their hands on cheap...
...Azevedo et al called it something different — “in the nature of a bribe”....
...United States v Apple, Inc et al is more than a US Justice department antitrust action against publishers allegedly colluding on ebook prices....
...Moreover, banks are doubly exposed via the property market that Dubai Holding et al. abandoned from 2009 to 2010. Property prices have halved in the emirate since 2008....
...This comes after calls for the ECB to develop its own sovereign rating agency to rival Moody’s et al. — and before the Bank upgrades its collateral ratings requirement to A- next year....
...Related links: SEC V. TREVOR G. COOK, PATRICK J. KILEY, ET AL, Case No. 09 CV 3333 – SEC Litigation release...
...You can see why FDIC, the Fed, et al are so concerned about commercial real estate (CRE), having issued their guidance on “prudent” CRE loan workouts late last week....
...The case, Gallus et al. v....
...Freddie Mac and Fannie Mae (on behalf of) suing in NYC and DC: Bassman v. Syron, et. al (FRE) Agnes v....
...- Virgin et al are promising to have this offering underwritten, but do not yet appear to have done so. - The implied value of Virgin Money, which will be injected into Rock, is £250m....
...Back to cov-lite loans – though we really need Goldman et al here to answer some of these questions. There is, claims one of the panel, some confusion about cov-lites....
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