All GLG News Analyses Filed Under: Investment Banking & Commercial Finance

The Bank of America infusion of $2bil into a company (Countrywide) that probably borrowed $3bln from them last Thursday, highlights a couple of old sayings….”in for a penny, im in for a pound” (BOA) and “If you are going to borrow, borrow a lot. That way the bank doesn’t own you, you own the bank…”...

Asset backed commercial paper currently offers some of the highest relative yields ever seen for the highest rated short term paper. Why? Because many investors are unsure of what "assets" are actually in these conduits and whether the ones they do know of are valued properly. It's a great...

Countrywide needed to restore investor confidence. Quickly lining up Bank of America as a substantial non-voting investor during the market turmoil came at a steep price. Did Bank of America emulate Warren Buffett on this deal?

Private Equity investors in Japan are increasingly faced with poison-pill defenses being implemented at target companies. At the venture end of the spectrum, investors often struggle to find suitable target companies with adequate exit opportunity. An increasingly popular alternative for venture capital...

The markets are in for turbulent times, but this is not the 'big' downfall.  OTC derivatives risks are identifiable, but not trackable because they not trade in a transparent or liquid market. This causes it to be perceived as having higher risks. Credit markets should unwind in an orderly...

Most large and medium size organizations have a business intelligence and a data warehouse capability. This can mean the difference in how well an organization markets to its customers, how it monitors its suppliers, how it supports its employees, and how it controls its costs. Being able to properly...

The Capital Markets are being fed by cheap, foreign capital. The Dollar has collapsed against major currencies. The net buying power of the consumer has been stagnant to declining for six years. We are distrusted, as a nation.      

1. The D/E ratio for both financial institutions and individuals is the highest in at least a century. 2. The subprime market is not a grounding entity for support of debt!  3. The combination of the housing market and fluctuations in interest rates without leadership will have a monumental...

After considering all of its options Barclays made a strategic decision to seek investors from Asia to help fund its bid for ABN and to add a "cash component" to the bid of 37% or $34.3 billion and the remaining $59.03 billion will be in Barclays shares, raising their bid to $93.3 billion from $91 billion,...

The combination of 2007 home prices, borrowers without savings and a secondary market no longer willing to take the risk of 95% to 100% loan to value or below 640 FICO scores on 80% loan to value loans has posted a "Do Not Enter Sign" on the doorposts of many homes now available for sale. As a result...