GLG News by Rating Agency Experts

As subprime mortgage losses cascade throughout the global financial system, attention has turned to the structure and performance of the bond rating industry. Faulty ratings on securities backed by subprime mortgages are believed responsible for billions of dollars in losses. This White Paper argues...

Implications: 1.Causation and Affect: Rising interest rates result in higher fees to replace Debt. 2.Investors shy away from the securities and, in turn, the dealers ceased committing capital to prevent marketplace failures. 3.The absence of bids on auction debt by dealers was the salient issue in this...

Implications: 1. Experienced merchant networks provide accessability for customers. 2.The Obective:improvement of the firm's competitive in the marketplace - Tranparency is unknown. 3.Acquisition of Diners Club, noted as as premium card brand ,by Discover Card is Expected to enhance Brand Recognition....

Implications: 1.The major default is a softening of the entire insirance marketplace. Perhaps the Credit Crisis has not been , fully, defined. 2.The soft cycle, as defined by the private equity buyer, has Not evolved - full cycle. 3.A theory presents itself - " A firm's understanding of the Dynamics...

Implications: 1.It questionable, at best, that PRIVATE Sources have of Finance have disappeared.Perhaps, non-involvement in bad decisions is a proper statement of fact. 2.A critical component of the matter , at hand, is the availability of fresh funding for the declining US housing price scenerio. 3.Government...

Implications: 1.The issue , at hand, will impair the Bank's Franchise and the Parent Firm - Countrywide Financial Corp. 2.A Material affect on a proposed acquisition by Bank of America. 3.The salient issue - " Does Countrywide have the Lquidity and Capitalization" to entice Bank of America to move forward...

Inflation in India has crossed   7 %  mark   , and the Government of India is very worried about it's political survival of the UPI's ' Amadmi's'  agenda. It has correctly taken some steps to correct the  high rise in ' foodgrain prices'  and' energy intensive...

Implications: 1.The American Consumer is beginning to fail on their management of life style and debt.Education and proper advice is the answer. 2.The matter outstanding is the issue of an overextension , relating to credit. 3. The rise and fall of housing prices is the striking criteria,...

1.Government intervention and scrutiny May have an adverse affect on the mortgage business, at an inappropriate/critical juncture in the Business Cycle. 2.The issue at hand - inflated appraisal values of homes. It is not to the advantage of the loan processor to overstate a basis of capitalization....

This issue  is important  to policy makers, economists, financial institutions, and finally to the US economy and the world economies.During the economic boom, financial institutions expanded their balance sheet  and found due to the  increasing housing prices that their leverage...