Derivatives

Energy and Global Warming News for November 20: Climate negotiating positions of top emitters

FACTBOX-Climate negotiating positions of top emitters Russia toughened on Wednesday its goal of cutting greenhouse gas emissions, saying it would target a 25 percent reduction from 1990 levels by 2020 compared with a 10-15...

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More AIG Controversy: Maiden Lane III (at Seeking Alpha)

More AIG Controversy: Maiden Lane III As everyone knows by now, Neil Barofsky, special inspector general for TARP, has a new report out on the decision by the Federal Reserve Bank of New York last Fall to make various AIG...

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Portfolio management services may get wider berth

Our Bureau Kolkata, Nov. 20 SEBI is considering broadening of investment horizon for the registered portfolio management services (PMS) to instruments other than listed securities and derivatives. “We are looking at...

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Derivatives: Dividend - Seadrill Limited (SDRL, Oslo Børs) (29/09)

Seadrill will be trading ex-dividend 23 November 2009. The dividend is USD 0.50. SDRL belongs to dividend class b) where all dividends are 100% adjusted for. Derivative contracts will be adjusted according to the Rules and...

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U.S. Financial Regulation Overhaul: Side-by-Side Comparison (Bloomberg)

Bloomberg - Nov. 20 (Bloomberg) -- President Barack Obama handed the U.S. Congress a road map for an overhaul of financial-services regulation in June, including greater oversight of derivatives and system-wide risks, new ways...

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SEC Fines GE $50 Million for Accounting Misdeeds - BusinessWeek

General Electric broke rules to meet or beat earnings expectations, in two cases intentionally defrauding investors, says the SEC With General Electric's stock price falling to new lows, managers at GE's Transportation Systems...

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BSE to shift currency, interest rate futures biz to USE

MUMBAI: Asia’s oldest exchange, the Bombay Stock Exchange (BSE), is planning to shift its currency and interest rate futures business to the recently set up stock bourse, the United Stock Exchange (USE). According to exchange...

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If Complexity is the Problem, is Technology the Cure?

We hear a lot about "complexity" as a contributing factor to the financial crises. Steven Schwarcz (Duke) pins blame on the complexity of financial products like asset-backed securities. Contractual complexity: this form of...

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GS a short? And five reasons we hate Goldman Sachs (at The Wall Street Journal Online)

Every dime of it. But Goldman still had $13 billion in profitable bets that they’d placed at the AIG casino and without the cash they were due from those bets, Goldman would be insolvent and be forced into bankruptcy. Stephen...

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Rogers Sugar Income Fund: Fourth Quarter 2009 Results

MONTREAL, QUEBEC--(Marketwire - Nov. 19, 2009) - Rogers Sugar Income Fund (TSX:RSI.UN) Higher adjusted ebit and higher adjusted distributable cash for the quarter. Record performance for fiscal 2009. Distribution ratio of 66.9%...

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