Well, did everybody have a lovely Moron Day? It’s very important to celebrate the fact that there is absolutely no point to a February long weekend. It’s like booking a holiday in Hamilton. Anyway, DBRS …
Search Results for: performance
Dudley Speaks on TIPS
William C Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, gave a speech at the Federal Reserve Bank of New York Inflation-Indexed Securities and Inflation Risk Management Conference, New …
February 13, 2009
In an encouraging sign, an increasing amount of loans from banks are being
DBRS Downgrades 26 Split-Share Preferreds
At last! The DBRS mass reviews of Split-Share preferreds announced in October and December have been resolved. DBRS has announced: today downgraded 26 ratings of structured Preferred Shares issued by various split share companies or …
February 13, 2009
The Fed has, apparently, been taking its responsibilities seriously. I have often observed that the Fed is doing exactly what Central Banks are supposed to do: make credit available at punitive rates against good collateral. …
February 11, 2009
Enrico Perotti & Javier Suarez write a piece on VoxEU, Liquidity Insurance for Systemic Crises, proposing: to establish a mandatory liquidity charge, to be paid continuously to a regulator who is able to provide emergency …
OSFI Report Card Ignores Investors
The Treasury Board of Canada Secretariat has released its report card on OSFI’s performance in 2007-08. It is without value. Despite the admission that (bolding added): Primary to OSFI’s mission and central to its contribution …
February 10, 2009
The Fed has announced: that it is prepared to undertake a substantial expansion of the Term Asset-Backed Securities Loan Facility (TALF). The expansion could increase the size of the TALF to as much as $1 …
February 9, 2009
Svein Gjedrem, Governor of Norges Bank (Central Bank of Norway), in the Financial Times, 3 February 2009: As today’s financial crisis progressively gets resolved, it will be necessary to start the process of preventing future …
Catapult Financial Offering Actively-Managed Preferred Share Trust
Catapult Financial, a wholly owned subsidiary of Aston Hill has announced that: Preferred Share Investment Trust (the “Trust”) announces that it has filed a preliminary prospectus with the securities regulatory authorities of all of the …