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13 Jun 2008, 4:55 pm
The latest news in the auction-rate securities debacle is that UBS Financial Services might have known as early as December that a segment of the municipal bond business was in trouble, but the Wall Street firm kept selling the investments to some clients without warning them of the risk. [read post]
12 Jun 2008, 3:18 am
6-12-2008 Michigan:KENTWOOD -- Saying there is not enough evidence to carry the case to trial, authorities have dropped rape charges against three teens who came to America from the former Yugoslavia.The decision has left the young men's families ecstatic and their accuser's family angry and disappointed.The last testimony in the case came in March, when a judge found there was enough evidence to send the first-degree sexual assault cases to Kent County Circuit Court.During that… [read post]
11 Jun 2008, 9:18 am
Case workers already are looking for a place for him to stay, off the streets, Lewis said. [read post]
10 Jun 2008, 8:24 pm
  That if Moody's misrated the bonds your mutual fund bought, you have to pay. [read post]
9 Jun 2008, 10:09 am
Hendrix was released the following day after posting a $5,000 bond for each of the new counts.The divorce with his wife, Beverly, was finalized March 19. [read post]
6 Jun 2008, 8:13 pm
Despite all the trappings of a society, we lack any sense of common bonds and community. [read post]
6 Jun 2008, 7:45 pm
As usual, this is well done and neat to listen to.Where the Streets Have No Name by U2--If the album War made them household names, the Joshua Tree vaulted U2 into the realm of one of the greatest bands ever. [read post]
6 Jun 2008, 1:34 am
As reflected in the June 6, 2008 Wall Street Journal (here), the recent signs are that the turmoil in the financial marketplace is far from over , as a result of which the pressure on CDS will remain, and there likely will be further litigation. [read post]
3 Jun 2008, 5:13 am
In that greed-is-good decade, Minkow wanted to be just like Michael Milken, the junk bond pioneer. [read post]
28 May 2008, 8:03 pm
The WSJ also reports that repurchase pressure is coming from bond insurers, such as Ambac and PMI, and REITs, like Redwood Trust Inc. [read post]
28 May 2008, 1:53 pm
What's left for such ARS holders is the blood-freezing prospect of holding, in essence, a long-term bond paying little or no interest. [read post]
26 May 2008, 8:58 am
” However, the complaint (which can be found here) alleges that Falcon was “not conservative” but “employed bond arbitrage, carried commercial debt obligations, and held asset-backed mortgage investments” that declined in value when the markets failed.The complaint is somewhat unusual in that, which it alleges affirmative violations of the federal securities laws, it does not expressly seek damages, but rather seeks a preliminary injunction… [read post]
23 May 2008, 1:03 am
- Generic manufacturers aggressively promote expensive doxofylline over price controlled equivalent theophylline: (Spicy IP), Middle East – Ranbaxy strengthens presence in Middle East region: (GenericsWeb), Scotland: Future funding of stem cell companies in Scotland dependent on EPO Enlarged Board of Appeals’ decision on stem cell patentability: (IP finance), South Africa: More on AIDS/access debate - Patrick Bond article on Thabo Mbeki’s AIDS policy: (Afro-I [read post]
20 May 2008, 6:43 pm
For example, on May 19, 2008 Bloomberg reported (here) that “more than 300 companies are struggling to value auction rate bonds” that they are carrying on their balance sheets. [read post]
15 May 2008, 10:50 am
 Falcon invested in municipal bonds, mortgage-backed securities, bank loans and other debt instruments, while ASTA/MAT emphasized municipal bonds. [read post]
15 May 2008, 6:01 am
Ghazi, meanwhile, was living peaceably in Lebanon, selling religious trinkets on the street. [read post]
11 May 2008, 7:34 pm
Cornstubble is free on $10,000 bond posted last month in Monroe County Court where he was indicted on two felonies -- aggravated drunken driving and driving while his license was revoked.Yet on Thursday evening, the 45-year-old used car salesman drove a late model Nissan Altima from a dealer's lot in Belleville where he works to the parking lot of the Dollar General in Smithton. [read post]
8 May 2008, 7:27 pm
Culbert, 19, be moved out of 416 Macomber St. and into some secure facility.The residents did not get what they sought, as Culbert was released on a $2,000 signature bond, but with some severe restrictions on his movements. [read post]