GLG News by LBO and M&A Accounting & Tax Consultants

Government  help for homeowners is proposed to try and alleviate the public resentment that has arisen because of the $700 billion bailout of the financial system. Such help is not required and indeed risks setting  dangerous precedents.

Man Group is suffering a lack of investor confidence that may not be unrelated to the aftermath of the somewhat disastrous first listed year of its MF Global subsidiary.

Bank of Ireland is in a mess and has been working hard to counteract a huge property bubble

CDS trading is a very useful tool for risk transfer. However, the fundamental precept of building houses on weak foundations or muddy ground remains an issue. There is a future for the marketplace without needing to resort to bans or major restrictions. A sound (and ideally open) CCP regime...

LSE has significant issues in dealing with competition Lack of a significant derivatives platform leaves the exchange with a relative lack of options.

Sony, Panasonic, Pioneer, Toshiba, JVC, Kenwood, and NEC are all venerable consumer electronics brands, but unless there are dramatic shake-ups in the way they manage their businesses, their glory days may be forever gone.  Competition from Korean companies like Samsung and LG and a myriad of competitors...

Write downs are not actual losses and a mark-to-market loss is not a cash loss. Widening spreads in the credit default market, although real, must be recognized for what they are; namely, market monetization of perceived risks compared to recent backwards looking asset and cash flow valuations. Recovery...

The idea of regulation for ratings agencies can appear a seductive panacea but it is riddled with dangerous implications...

It's just astonishing how much junk you can find lying around your bank, especially if you've been collecting things for as long as Citigroup has. Selling $500b in non core assets. Which will help in the short term what about the long term? have we learned nothing from Chainsaw Al (Sunbeam)? Pandit,...

JP Morgan's capital raising is prudent because (1) the Bear Stearns acquisition will be dilutive to JP Morgan's capital position, and (2) the current turmoil in the credit markets is far from over.