The bailout doesn’t seem to be doing Italy and Spain much good: Italian and Spanish bonds fell, while stocks retreated from an almost three-month high, on concern European leaders will struggle to raise funds to …
Search Results for: performance
October 28, 2011
Italy managed to sell some ten year paper: Italy paid the most since joining the single currency to sell new 10-year debt on Friday in the first euro zone bond auction after European leaders agreed …
FFH: S&P Assigns Positive Outlook
Standard & Poor’s has announced: Fairfax continues to successfully leverage its growing insurance business platform and related balance sheet assets to deliver above-average long-term investment performance for the consolidated organization. We believe the company’s consolidated …
October 27, 2011
BAM is starting a Dubai property fund: Brookfield Asset Management Inc. and a Dubai government investment arm will start a $1 billion fund to buy real estate assets in the emirate after prices dropped by …
October 26, 2011
Discussions about Greece are at a familiar stage – nobody wants to take the loss: European Union talks with banks on bondholder losses as part of a second Greek bailout were deadlocked, an EU official …
October 25, 2011
The Europeans are still trying to square the circle, but at least they now seem to be downplaying the monetization idea: Boosting the effectiveness of Europe’s bailout fund will require further talks with investors as …
October 24, 2011
Assiduous Reader BG sent me a link to a NYT article Bank’s Collapse in Europe Points to Global Risks: Among Dexia’s biggest trading partners are several large United States institutions, including Morgan Stanley and Goldman …
October 21, 2011
The FRB-Boston has released Public Policy Discussion Paper that will be of interest to the “Occupy” mob – Quantifying the Role of Federal and State Taxes in Mitigating Income Inequality: Income inequality has risen dramatically …
October 20, 2011
The heroes of the SEC were able to extort $280-million from Citigroup: The SEC alleges that Citigroup Global Markets structured and marketed a CDO called Class V Funding III and exercised significant influence over the …
October 19, 2011
BAM levered up a little more: Brookfield-family companies are hot commodities in new-issue markets. After launching a bought deal late on Tuesday, Brookfield Infrastructure (BIP.UN-T25.63-0.22-0.85%) announced on Wednesday that its offering has been upsized to …