Simon Halabi’s £900m office empire up for sale after debt default (Daily Telegraph) 12 Mar 2010
The £900m London office empire of Simon Halabi has been officially put up for sale after a default on the debt secured against the portfolio.
Credit Default Swaps: SEC Asks Congress To Regulate Trades Happening ‘In The Dark’ (The Huffington Post) 12 Mar 2010
The top U.S. securities regulator said market watchdogs need to supervise credit default swaps, securities blamed for exacerbating 2008’s market meltdown and more recently the Greek debt crisis.
Euro Evaporation Leading To Credit Default Swaps And IMF Gold (GoldSeek.com) 12 Mar 2010
By: Trace Mayer, J.D. The IMF gold has serious geo-political ramifications in the background because of the nature of foreign exchange reserves, credit default swaps and gold.
Paying attention to the obvious (The Christian Science Monitor) 12 Mar 2010
Searching for the hot new thing? Constantly checking your Twitter stream, RSS feeds, and breaking news alerts? It’s great to stay informed, but don’t forget what’s right in front of you
Corporate Bond Risk Falls in Europe, Credit-Default Swaps Show (Bloomberg) 12 Mar 2010
March 12 (Bloomberg) — The cost of insuring against default on European corporate bonds fell, according to traders of credit-default swaps.
Motorola’s Backflip is aimed squarely at social networkers (Dallas Morning News) 11 Mar 2010
ATT’s first Android phone isn’t a technological stunner.
Japan, Australia Bond Risk Falls, Credit-Default Prices Show (Bloomberg) 11 Mar 2010
March 12 (Bloomberg) — The cost of protecting corporate bonds from non-payment fell in Australia and Japan, according to traders of credit-default swaps.
16% of homeowners ‘risk default’ (Channel 4) 11 Mar 2010
One in four people say they would struggle to keep up with their mortgage repayments if their income fell by just £300 a month, a survey showed.
Denison Mines Corp. Reports 2009 Results (Marketwire) 11 Mar 2010
TORONTO, ONTARIO–(Marketwire - March 11, 2010) - Denison Mines Corp. (”Denison” or the “Company”) (TSX:DML)(NYSE Amex:DNN) today reported its financial results for the three months and year ended December 31, 2009. All amounts in this release are in U.S. dollars unless otherwise indicated. For a more detailed discussion of the Company’s financial results, see management’s discussion and …
Default Procedure in CDS Trades to Be Discussed at EU Meeting (Bloomberg) 11 Mar 2010
March 11 (Bloomberg) — Central clearing of derivatives including credit-default swaps will come under scrutiny as part of efforts to safeguard the European Union’s financial system in the wake of the credit crunch.
Hands On: Google Reader Play - A Beta Browsing Tool (PC World) 11 Mar 2010
Google rolled out an experimental browser called Google Reader Play that offers a refreshing new way to navigate Web content.
Hands On: Google Reader Play - A Beta Browsing Tool (PC World via Yahoo! News) 11 Mar 2010
Google launched an experimental Web browsing tool called Google Reader Play Wednesday that allows you to browse content associated with a Google Reader news feed. Google Reader is a Web-based content aggregator that assembles RSS news feeds for online or offline reading. To use Google Reader Play you do not need a Google Reader account, but if you do Google will be able to personalize the …
Credit Default Swaps Ban: Sarkozy, Merkel Propose Eliminating Some CDS Trades (The Huffington Post) 11 Mar 2010
What’s Your Reaction? The letter, which Sarkozy’s office released Thursday, also says the EU should consider banning speculative trading in credit default swaps and consider legislation to curb market abuses, and improve the safety of private derivative trading.
Four Seasons’ owners say deal ends loan default (San Francisco Chronicle) 11 Mar 2010
The owners of San Francisco’s Four Seasons Hotel said Wednesday they are no longer in default on a $90 million loan after joining forces with an investment partner who will take a significant ownership interest in the property. Millennium Partners has teamed…
KiwiSavers have ‘false sense of security’ (Stuff) 10 Mar 2010
A new survey shows many KiwiSaver members have a false sense of security about their investments, research company UMR says.