A deficiency claim in bankruptcy arises when the value of secured lender’s collateral does not cover the secured loan principal amount....

Tighter regulations and electronic technology are revolutionizing the once-stodgy bond market, threatening profits and jobs, Nathaniel...

By CommodityHQ: By Jared Cummans The benefits of commodity investing have been well-documented in recent years, as this asset class has...

Do you drop phrases like “amend and pretend,” “delay and pray” and “you snooze, you lose” in the courtroom with the deft of a...

CNBC and Institutional Investor’s Delivering Alpha Conference is going on today and we wanted to aggregate the highlights.  The “best...

The public pension and retirement ‘schemes’ are in considerable trouble (as we noted here and here) and now, according to a recent S&P...

Introducing a Series on the Evolution of Banks and Financial Intermediation Nicola Cetorelli July 16, 2012 It used to be simple: Asked...

Stunned at the sheer ineptness and lack of due diligence in the Libor-rigging details that are being uncovered specific to Geithner’s...

And now some bedtime reading for everyone who consistently has a nagging feeling that at any second the world is one short flap of a...

Significant risk reduction has allowed us to transfer substantially all remaining synthetic credit positions to the IB CIO synthetic...

By QFinance: By Anthony Harrington In its latest reports on U.S. and European high-yield corporate debt, the ratings agency Fitch flagged...

Bill Ackman is the founder of Pershing Square Capital Management and he is the subject of the book Confidence Game.  In it, Ackman lists...

Goldman Sachs has come out with a dazzling, 48-page report examining the economics and finances of the imminent London Olympics. With...

Good interview here with Wall Street legend Jim Chanos. In the interview he discusses his background on Wall Street, how he got into...

John Paulson, the Paulson & Co. founder who made billions by betting against the 2008 credit crisis, hasn’t been quite so lucky in recent...

Kudos to Baker Hughes (BHI) for updating its database of rig counts and making it interactive. I haven’t fully checked it out yet, but I...

Capital Economics’ Roger Bootle was was awarded the £250,000 ($388,250) Wolfson prize this morning for coming up with the best plan for a...

Oftentimes, after a bankruptcy plan is confirmed and becomes effective, distressed debt investors’ interest wanes and less eyeballs are...

How is LIBOR calculated? The UK trade association BBA provides a fairly detailed analysis of the process. The key here is what the rate...

AS PETER SUDERMAN of Reason put it, “Some coup”. The individual mandate passes constitutional muster after all. Crisis of legitimacy...