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16 Aug 2012, 8:21 am
According to the SEC's Complaint filed on July 18, 2012 in New York federal court, Mizuho was responsible for structuring and marketing Delphinus, a $1.6 billion CDO whose collateral mostly consisted of subprime residential mortgage backed securities ("RMBS"). [read post]
16 Aug 2012, 1:27 am by Kevin LaCroix
Despite the deteriorating market for RMBS, CCG continued to acquire additional RMBS. [read post]
13 Aug 2012, 4:25 pm by Rich
RT @chinaSMACK: Premature Baby Girl Abandoned in Trash, Throat Cut http://t.co/5GQzqDyf #kids # [transperancy in China] When the Truth Hurts, Make it More Difficult to Find http://t.co/bAIzNlC5 #China #finance #transperancy # 12 railways found to be of inferior quality http://t.co/u32PfjCV #China #rail #safety # How #Weibo Is Changing #China http://t.co/gXkUjC53 #socialmedia #transperancy # Troubled #Cleantech Companies Find Salvation in China http://t.co/tNQdPrEy #China #investment # RT… [read post]
13 Aug 2012, 12:41 pm by Editorial Board
On August 9, Goldman Sachs disclosed in its 10-Q that the Securities and Exchange Commission has decided not to recommend an enforcement action against Goldman for disclosures connected to $1.3 billion in residential mortgage-backed securities sold to investors in 2006. [read post]
13 Aug 2012, 12:33 pm by Editorial Board
 The FDIC’s claims relate to RMBS purchased by Security Savings Bank and are brought under Sections 11 and 12(a)(2) of the Securities Act and Section 90.570 of the Nevada Securities Act. [read post]
13 Aug 2012, 7:32 am by Rich
  But the comparison to the space program really puts that 500m RMB / KM into context. [read post]
10 Aug 2012, 10:48 am by Rebecca Tushnet
IP’s Impact on Firms, Universities Mary-Anne Williams, Community based Invention A car can become a useless asset, sitting in a garage when you’re away. [read post]
8 Aug 2012, 11:20 pm by Dan Harris
This provides that foreign currency will be converted into Chinese RMB at the exchange rate in effect at the receiving bank. [read post]
8 Aug 2012, 11:20 pm by Dan Harris
This provides that foreign currency will be converted into Chinese RMB at the exchange rate in effect at the receiving bank. [read post]
8 Aug 2012, 5:42 am by Stan
You hear about these cases every once in a while, but we never seem to get an announcement that Farmer Zhou has actually won his patent case against IBM or Huawei or whoever and scored a 100 million RMB judgment. [read post]
6 Aug 2012, 8:03 am by Editorial Board
On July 31, Judge Cecchi of the District of New Jersey dismissed with prejudice as time-barred claims filed by the Pension Trust Fund for Operating Engineers alleging misstatements and omissions in the offering documents for US$5 million in RMBS. [read post]
6 Aug 2012, 8:01 am by Editorial Board
Five former IndyMac executives have reached settlements with the plaintiffs in two RMBS class actions. [read post]
6 Aug 2012, 7:59 am by Editorial Board
Plaintiffs asserted claims under Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 against Goldman Sachs arising out of the purchase of US$693 million in RMBS. [read post]
6 Aug 2012, 7:56 am by Editorial Board
On August 3, Fitch updated its Asia-Pacific RMBS criteria. [read post]
31 Jul 2012, 6:47 am by Martin Pritikin
The Residential Mortgage Backed Securities (RMBS) Working Group was announced in January as part of the Financial Fraud Enforcement Task Force (FFETF).  Although only a little more than six months old, much of the media about it since its formation has focused on its obstacles and shortcomings:  lack of Congresional funding, lack of staffing, an inability or unwillingness to tackle statute of limitations problems, and its use as a political football by both parties,… [read post]
30 Jul 2012, 8:17 am by Editorial Board
On July 23, Judge Barbara Kapnick of the Supreme Court of the State of New York approved the withdrawal of Walnut Place LLP’s opposition to Bank of America’s $8.5 billion settlement with holders of Countrywide RMBS. [read post]