| Former Moody's exec didn't know Paulson shorted ABACUS (Reuters) A former senior official at Moody's Corp on Friday said he did not know hedge fund manager John Paulson was shorting a Goldman Sachs derivatives product when he was rating it. us.rd.yahoo.com |
[video] Financial reform on a diet (at CNNMoney.com) Sen. Ted Kaufman, D-Del., says current proposals for regulating banks don't go far enough to protect consumers. us.rd.yahoo.com |
Moody's puts American Capital on downgrade review (AP) Moody's Investors Service on Friday put American Capital Ltd.'s rating under review for a possible downgrade, saying there's a growing possibility the private equity firm will file for Chapter 11 bankruptcy. us.rd.yahoo.com |
SBA Component Beneficial in Small Business Bill, Newtek Says [GlobeNewswire] - NEW YORK -- Congress has completed passage of the Small Business Jobs Bill, H.R 5297, continuing higher government guarantees and lower fees on Small Business Administration 7 loans which will be highly beneficial for small business, according to Barry Sloane, President and CEO of Newtek Business Services, Inc. us.rd.yahoo.com |
Japan illustrates conundrum of deflation [at Financial Times] - Last year, the Bank of Japan surveyed its population about attitudes towards deflation. You might have thought this would paint a picture of pain, if not panic. After all, during most of the past decade, as Japanese prices gently drifted down, Western economists and policymakers have recoiled in horror; "deflation" has been a dirty word. us.rd.yahoo.com |