President Obama's former counsel hired to do battle (at FT.com)
Goldman Sachs , which is facing a maelstrom in Washington, is pinning its defence on some of the most prominent legal and public relations experts, including President Barack Obama's former chief counsel and a longtime regulatory reporter for the New York Times. us.rd.yahoo.com |
Morgan Stanley denies knowing of CDO probe (at FT.com)
Morgan Stanley MWD's chief executive said on Wednesday that the Wall Street bank had "no knowledge whatsoever" of a US government probe into it, as its shares fell following a report that federal prosecutors were looking at mortgage-related deals. us.rd.yahoo.com |
ICE Trust Buy-side CDS Clearing Exceeds $1 Billion; Nomura Joins as New Clearing Member; Global CDS Initiatives Update (PR Newswire)
IntercontinentalExchange® , a leading operator of regulated global futures exchanges, clearing houses and over-the-counter markets, announced a new milestone for credit default swap clearing, the addition of a new member and updated timelines.  ICE Trust U.S. , the leading clearing house for CDS, has cleared over $1 billion in cumulative gross notional value for buy-side customers.  Through the week ended May 28, 2010, ICE cleared over $9 trillion in gross notional value of CDS, including $5.7 trillion through ICE Trust and $3.3 trillion through ICE Clear Europe. us.rd.yahoo.com |
TEL Offshore Trust Announces There Will Be No Third Quarter 2010 Distribution
[Business Wire] - AUSTIN, Texas----TEL OFFSHORE TRUST announced that there will be no trust distribution for the third quarter of 2010 for unitholders of record on September 30, 2010. The Trust has not been able to make a distribution to unitholders for seven consecutive quarters, or since January 9, 2009. us.rd.yahoo.com |
Healthcare Tech Company, Portico Systems, Ranked #5 in 2010 List of Software Developers
[Business Wire] - Portico Systems, the leader in Integrated Provider Management solutions, has been ranked by Philadelphia Business Journal’s 2010 list of Software Developers. Portico is ranked fifth out of 23 companies that participated in the survey. us.rd.yahoo.com |