GLG News in Financial & Business Services

Implications: 1.Record breaking deal to off-load Pension Liabilities to Prudential Insurance Comapny: A Boost for the Cable & Wireless Company. Unload the Liability! 2.The LARGEST Transfer of Liabilities to an Insurer: The trend becomes more apparant. Keep the Assets and Transfer the Liabilities. End result: A better Balance Sheet and related ratios. 3.The causation - falling liabilities enhance...

Let me be brief.  This is a synthetic market that allows participants to express their sentiments (wager) without participating in the cash market.  Beware reading too much into the levels at which items trade in any synthetic market.

Borrowers are finding it more difficult to obtain credit because lenders have a renewed awareness of the basics of extending credit, not because borrowers are requesting credit more often.

Implications: 1.Gains are positive after easing concerns that the Financial Insitution will need to add additional capitalization. 2. The credit - writedown collapse is the causation of Major Markdowns - that hampered the Financial Strength of many Global Financial Insitutions. 3.Reorganization of cost structures at the retail-banking and branch levels of the organization has enhanced the management...

- Chip technology has eclipsed disk drive storage solutions - Solid State storage devices have been used for well over a decade.  This is a proven technology. Now they have become cost effective. - Retail products such as laptops offer SSD solutions, which will simple, accelerate manufacturing and the demise of the spinning disk as an option.

Implications: 1.Many Consumer Loan applications will or may be referred back to another : Subject to further Identification. 2.Japanese Consumer lenders are Struggling to meet profit expectations. 3.Citigroup's Consumer Finance divisions expects to dispose of billions of global assets as they relate to the Sub-Prime-Mortgage Market Collapse. There DOES not appear to be a Bright future in the Japanese...

The Commerzbank - Dresdner Bank merger is compelling for all stakeholders. Without the successful completion of this deal, Commerzbank will itself likely become a takenover target. It cannot be in the long-term interest of the Federal Republic of Germany for its financial economy to be wholly managed by London and to a lesser extent by Wall Street. Deutsche Bank is already effectively a US investment...

The current environment affords lenders an opportunity to attain good margins on new business contracted.  Therefore, it would be a bad decision to pass business simply because the applicant has a number of recent inquiries in his credit bureau report.  More discrimination is required to make a sound, informed decision.

Implications: 1. Commerzbank may issue New Stock To Finance all Transactions, thereby causing a further dilution of earnings per share. 2.A Great deal on unclearity surrounding the strategy of mananegement. 3.The salient issue is a percentage sale of large proportions in the stake in a viable entity to Finance a possible Takeover with a certain amount of uncertainity. 4.There appears to be a discrepancy...

The long term implications of the current crisis are a frightening vision.  The impact across many housing related industries won't be truly felt for 3-5 years when a large number of people will not be able to secure any type of home financing.  In turn, we will likely see a new 'Sub Prime' market develop.