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SEC calls for Calif. IOUs treated as securities
Published July 9, 2009, 7:13 pm, AP via Yahoo! Finance
The recipients of billions of dollars in IOUs being issued by California soon may be able to sell them on a regulated market, following action taken Thursday by federal regulators.
Up To 300 Bodies May Have Been Dug Up At Cemetery
Published July 9, 2009, 4:28 pm, CBS 2 Chicago
Four people have been charged after up to 300 bodies were removed from their graves and the plots were resold at the historic Burr Oak Cemetery in Alsip.
CIT Debt Plunges on Bets Lender Isn’t Too Big to Fail (Update3)
Published July 9, 2009, 4:04 pm, Bloomberg
July 9 (Bloomberg) -- CIT Group Inc. , the century-old lender to 950,000 businesses, is trading in the bond market as if it may fail. Since becoming a bank in December to qualify for federal help, CIT has lost all three of its investment-grade ratings.
Treasury bond market at a glance
Published July 9, 2009, 2:58 pm, AP via Yahoo! Philippines News
Key barometers in the Treasury market late Thursday, compared with late Wednesday.
Company Bond Risk Falls First Time in Week, Default Swaps Show
Published July 9, 2009, 2:33 pm, Bloomberg
July 9 (Bloomberg) -- The cost of protecting U.S. corporate bonds from default fell for the first time in a week, according to traders of credit-default swaps.
Treasuries Decline as Demand Drops at $11 Billion Bond Auction
Published July 9, 2009, 2:28 pm, Bloomberg
July 9 (Bloomberg) -- Treasuries fell as the government’s $11 billion sale of 30-year bonds drew less demand than the previous sale of the securities, the final of four U.S. auctions within a week for the first time.
Treasuries Decline as Demand Drops at $11 Billion Bond Auction
Published July 9, 2009, 1:48 pm, Bloomberg
July 9 (Bloomberg) -- Treasuries fell as the government’s $11 billion auction of 30-year bonds drew less demand than the previous sale of the securities, the final of four U.S. auctions within a week for the first time.
(AFX UK Focus) 2009-07-09 21:07 US CREDIT-CIT may restructure debt if TLGP access fails
Published July 9, 2009, 1:37 pm, Interactive Investor
By Karen Brettell
Six Flags Bonds Valued at 14 Cents on Dollar in Swaps Auction
Published July 9, 2009, 1:33 pm, Bloomberg
July 9 (Bloomberg) -- Credit-default swaps traders set a value of 14 cents on the dollar for the bonds of Six Flags Inc. to settle contracts protecting against a default by the amusement-park operator in bankruptcy protection.
Revealed: The £200,000 new Jaguar fit for a Prime Minister... and supermodel Elle MacPherson
Published July 9, 2009, 1:27 pm, Daily Mail
Revealed: The £200,000 new Jaguar fit for a Prime Minister... and supermodel Elle MacPherson
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