Archive for October, 2011

Greek Debt Write-Down Threatens Credit Default Swaps

Filed October 31st, 2011 Julie

The European Union announced yesterday that it had reached an agreement where banks will write down their holdings of Greek bonds by 50 percent. The EU’s effort to resolve the region’s sovereign debt probably may actually hurt confidence in the credit-default swaps market.
The chief lawyer for The International Swaps and Derivatives Association said they would […]

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Former bank execs face federal charges over securities fraud scheme

Filed October 17th, 2011 joshua

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Ramada Inn owners named in Illinois minimum wage lawsuit

Filed October 12th, 2011 joshua

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Defendants in life insurance investment scam receive lengthy prison sentences

Filed October 11th, 2011 joshua

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AT&T employees seek three years of unpaid overtime pay

Filed October 5th, 2011 joshua

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