Submitted by puput on Thu, 11/26/2009 - 03:40
Business & Economics
The relative importance of corporate interest-rate-risk management has been analysed by previous studies in the United States and in Australia. Bodnaret al. (1998 [9]) show the results from a survey of financial risk management by U.S. non-financial firms. About 50% of the firms in the survey state that they use derivatives. Among derivative users, 83% use derivatives to hedge for eign exchange risk, 76% use... Read Full Story
Submitted by puput on Thu, 11/26/2009 - 02:48
Business & Economics
This paper examines the role of derivatives in South Africa. It provides an overview of the derivatives market in South Africa and discusses options for promoting the development of derivatives markets in Sub-Saharan Africa. Derivatives markets can facilitate the management of financial risk exposure, since they allow investors to unbundle and transfer financial risk. In principle, such markets could contribute to a... Read Full Story
There is nothing much more awful in life than struggling under a mountain of debts from which there seems no way out.
The credit crunch has caused many UK citizens to suffer greatly reduced family incomes This has been caused by a number of factors, but all these factors are related mainly to what has been happening over the last two years regarding the number of hours that people have been working.
Many people have had their paid overtime hours completely abolished as companies have... Read Full Story
Submitted by puput on Wed, 11/25/2009 - 02:30
Business & Economics
Since 1997, East Asian countries have made remarkable progress in adopting sound macroeconomic policies, reducing the portion of foreign debt in their total debt profile, strengthening domestic financial markets and diversifying their financial markets through development of domestic bond markets and derivatives. The East Asian financial markets are becoming more diversified and sophisticated. The growth of East... Read Full Story
Morgan Stanley expects 10-year yields to rise 220 bps in 2010 - Posted by Edward Harrison – … Realistically, if rates spike to 5.5%, it would be a blood bath for insurers, and probably for pension funds (and hence municipalities as well). Mortgage rates would skyrocket and this would stop any housing recovery dead in its tracks . That sounds like double dip and depression to me; this is not an early 1990s economic environment. Ironically, 5.5% rates would sow the seeds of future 3... Read Full Story
There is little doubt about serious shortcomings for rating agencies and residential mortgage-backed securities and collateralized debt obligations. By M.Soliman PRESS RELEASE Sunday, November 15, 2009; Los Angeles, Calif // The rating agencies are viewed as instrumental in allowing the mortgage mess of 2007 and beyond to mushroom out of control. The Securities and Exchange Commission was on top of this issue earlier this year. The big three includes Fitch Ratings , Moody's Investors... Read Full Story
Ohio filed a suit Friday against global rating agencies, claiming they provided misleading information ahead of the financial crisis that caused nearly 500 million dollars in losses for state funds. State attorney general Richard Cordray filed the lawsuit against Standard & Poor's, Moody's and Fitch Ratings on behalf of five Ohio public employee retirement and pension funds hit by the latest financial crisis. The suit is the latest against credit ratings agencies, which had given mostly... Read Full Story
If you are being crushed under credit card bills, then welcome aboard. Many families are facing the same situation. But every problem comes with a solution and in this case, it is in the form of non profit debt relief.
There’s no part of your financial life more important than to get out of debt. Do you want to fight a foreclosure? File for bankruptcy? Deal with debt collectors ? Get great advice from some of the nation’s experts on how to pull yourself out of debt Click Here!
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If you are one of those folks whose bills are starting to heap up at home, I believe it is time for you to discover how to consolidate debt. You have to do this as quickly as possible so you may not be put in a worse situation. There are many sorts of techniques that you may want to be in a position to pay off all of your bills. You should learn to keep an eye out for your money well being as it is kind of hard to get up when you have dug a hole that’s too deep for you to handle.
What are... Read Full Story
The fallout from last year's credit collapse continues as another state has sued the nation's credit agencies, accusing them of misleading investors.
Ohio Attorney General Richard Cordray has filed a lawsuit against Standard & Poor's, Moody's and Fitch, three national agencies that are responsible for providing accurate credit ratings of investments.
The lawsuit, filed in United States District Court for the Southern District of Ohio on behalf of five Ohio public employee retirement... Read Full Story
