Tag Archives: peloton-partners

Lehman Goes Banktrupt in High Profile Casualty Case

West Palm Beach (HedgeCo.net) – Lehman Brothers, Wall Street’s fourth biggest investment bank has filed for bankruptcy, making it the largest and highest-profile casualty of the global credit crisis, with approximately $639 billion in assets. The bank said the Chapter […]

Blackstone and KKR eye Lehman assets

Reuters – Blackstone and Kohlberg Kravis Roberts & Co are each looking to buy parts of Lehman’s real estate and asset management units, sources familiar with the situation said on Friday, sparking a broad rebound in financial stocks. The real […]

Attack of the acronyms

WA Today- Australia’s biggest life insurer and funds manager, AMP, was ducking for cover today. What are AMP’s holdings of CDOs, CLOs ABSs and CDSs? Not much of an answer to that one. "We are holding a number of these […]

Edeus launches mortgage quality assessment service

Reuters UK- Mortgage market specialist edeus is launching a service that it says will allow investors and bankers to assess the quality of pools of mortgages behind asset-backed securities based on up-to-date information. Edeus says its service differs from traditional […]