AIG Chairman Harvey Golub says pay restrictions hurt the company. Bloomberg reports: “While we can pay the vast majority of people competitively, on occasion, these restrictions and his decisions have yielded outcomes that make little …
Search Results for: performance
MAPF Portfolio Composition: February 2010
Turnover declined dramatically in February to about 18%. Such decline in trading happens occasionally – I remember one period of about three month’s duration during which so few trades were done I was afraid the …
Best & Worst Performers: February 2010
These are total returns, with dividends presumed to have been reinvested at the bid price on the ex-date. The list has been restricted to issues in the HIMIPref™ indices. February 2010 Issue Index DBRS Rating …
February 26, 2010
A nugget of information about Credit Default Swaps on sovereigns is being circulated: The credit-default swaps traders being blamed by German and French leaders for fueling fears of sovereign debt crises would be doing so …
February 25, 2010
Johnny Mack thinks Wall Street compensation is too high: Morgan Stanley Chairman John Mack said investment bankers are overpaid and Wall Street compensation won’t decrease much because firms don’t want to lose their best performers.…Mack, …
HPF.PR.A & HPF.PR.B to be Redeemed Early on Wind-up
High Income Preferred Shares Corporation has announced: that shareholders of the Corporation have approved a special resolution authorizing the amendment of the articles of the Corporation to provide for the early redemption by the Corporation …
Pegged Orders: Comments on Consultation Paper 23-404
This is a very, very long post. Forgive me. It’s as much for my own reference for a future article as it is for you guys! Pegged Orders were last discussed on PrefBlog in the …
February 24, 2010
The Boston Fed has released a Public Policy Discussion Paper by Oz Shy titled Person-to-Person Electronic Funds Transfers: Recent Developments and Policy Issues: The paper investigates the reasons why person-to-person electronic funds transfers are still …
February 23, 2010
Econbrowser‘s Menzie Chinn has written an interesting piece on ‘crowding out’: A relevant question, is what happens when the Fed exits from quantitative easing (and relatedly, as slack in the economy declines). That being said, …
February 22, 2010
The municipal bond insurance business looks sick: Ambac Financial Group Inc., the second biggest bond insurer, faces as much as $1.2 billion in claims if a judge in Nevada allows Las Vegas Monorail Co., which …