GLG News by Rating Agency Experts

Impact. 1.Additional capital requirements will create a deficiency in working capital. 2.Return of Investment for Investors will suffer a negative setback. 3.Commitments for additional capital will have to be mitigated for al parties. 4.A Great Deal of uncertaintity will be created with a probable negative...

1.HSBC may find that that an international competitive position may draw - down on it's position of liquidity. 2.There is most likely an overexposure of HSBC in the international marketplace - there is no hard evidence that the institution will succeed in this endeavor. 3.To increase exposure to China...

1. If the sub- prime markets are NOT controlled more cash MUST be made more readily to the Financial Markets. 2.Volatility within the marketplace will cause the Financial Traders to abandon defensive strategies. 3.Share prices will be lowered as illustrated by the price of energy. 4.Many gains in the...

The logic behind the super-SIV has been fatally flawed from the start because a cornerstone of the proposed solution relies on the original cause of the problem, the lack of transparency, and therefore could be more harmful than helpful.

The rate-freeze approved and being implemented by the government is not nearly the answer to the problems facing the Mortgage Industry, or the Financial District as a whole. The problem is systemic, and the solution is only one of a bitter pill to swallow.

Congress is in the process of re-acting to the problems caused by subprime lending and securitization of subprime debt.  As the extent of the problem grows, Congress will respond with legislation to "reform" the marketplace and "punish" the guilty.  Wall Street firms will be a clear target,...

The mortgage rate freeze announced on December 6 will be harder to implement than one might think.  Many questions remain and the answers will have to be negotiated among the parties.  But even after it is implemented, it will not be enough and additional measures will be necessary.

The 18 month moratorium on approvals of commercial firms acquiring industrial banks will not be extended past January.  The FDIC may not have the legal ability to block the acquisition of banks by Wal-Mart and Blackstone (Alliance).  This could open the flood gates for other deals as well....

1) Forget India; Caribbean; Russia... Call Centers will Boom in small towns within the United States. 2) We are already seeing the peek of offshore out-sourcing. We have clients that have even capitalized and managed the offshore operation to make things more seamless. 3) Plenty of our clients have...

Many of the larger financial services firms have been hurt by the subprime mortgage downturn, with most of the damage resulteding from the loss of confidence in the credit markets for MBS, CDOs and other instruments that would be tainted by subprime collateral.  However, the industry is also heavily...