Read more collateralized debt obligations stories on Newserhttp://www.newser.com/taggrid/21371/collateralized-debt-obligations.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 6:54:58 CSThttp://www.newser.com/story/68912/banks-get-back-to-risky-business-as-usual.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBanks that teetered on the edge of extinction last year are returning to their old ways as the shock of the financial crisis fades, the Wall Street Journal reports. The banks are handing out hefty compensation packages again and dealing in the same risky financial instruments that caused last year's...http://www.newser.com/story/68912/banks-get-back-to-risky-business-as-usual.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 09 Sep 2009 1:49:12 CDThttp://www.newser.com/story/51549/finance-geeks-behind-crisis-hard-at-work-on-a-fix.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe finance-desk math wizards who created the securities behind the market meltdown are now betting they can think their way out of the mess, the Wall Street Journal reports, working to design new systems for pricing bad assets fairly so governments can buy them off of banks’ balance sheets. “Airplanes...http://www.newser.com/story/51549/finance-geeks-behind-crisis-hard-at-work-on-a-fix.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 23 Feb 2009 11:04:17 CSThttp://www.newser.com/story/50282/new-bailout-plan-hinges-on-private-investors.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Treasury's latest plan to rescue the banking industry relies heavily on private-sector investors, the New York Times reports. The government will guarantee a floor price on the toxic assets weighing down banks’ balance sheets, encouraging hedge funds, private equity groups, and even insurers to buy them. The plan should...http://www.newser.com/story/50282/new-bailout-plan-hinges-on-private-investors.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 09 Feb 2009 8:37:15 CSThttp://www.newser.com/story/45669/profits-were-fake-bonuses-all-too-real.html?utm_source=syn&utm_medium=rss&utm_campaign=tagDow Kim was one of the leading bond traders at Merrill Lynch, and in 2006 he bundled together $500 million in loans into a huge CDO with the charming name Costa Bella. Since the subprime collapse, Costa Bella has cost Merrill millions—but Kim had already cashed out, awarded a...http://www.newser.com/story/45669/profits-were-fake-bonuses-all-too-real.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 18 Dec 2008 8:36:26 CSThttp://www.newser.com/story/43728/wall-streets-doom-years-in-the-making.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWhen he wrote Liar’s Poker in 1989, Michael Lewis figured the end of Wall Street was near. After all, it had hired him, a 24-year-old with neither experience nor interest in finance. “Sooner rather than later,” he writes in Portfolio , “someone was going to identify me, along with a lot...http://www.newser.com/story/43728/wall-streets-doom-years-in-the-making.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 27 Nov 2008 16:00:01 CSThttp://www.newser.com/story/33576/merrill-aims-to-raise-85b-prune-bad-debt.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMerrill Lynch announced a surprise stock offering today aimed at raising $8.5 billion for the brokerage, strapped by the mortgage and credit crises, the Financial Times reports. It also said it was writing down a further $5.7 billion in bad debt, and is selling collateralized debt obligations nominally...http://www.newser.com/story/33576/merrill-aims-to-raise-85b-prune-bad-debt.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 28 Jul 2008 19:51:32 CDThttp://www.newser.com/story/17076/boa-writes-down-528b-4q-net-income-drops-95.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America said today its net income plummeted 95% in the fourth quarter, and it wrote down $5.28 billion in collateralized debt obligation. Net income for the largest retail bank and credit-card issuer was $268 million, or 5 cents per share, compared to $5.26 billion, or $1....http://www.newser.com/story/17076/boa-writes-down-528b-4q-net-income-drops-95.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 22 Jan 2008 9:30:23 CST