Read more CDO stories on Newserhttp://www.newser.com/taggrid/7241/cdo.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:59:28 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/33925/merrill-panic-may-mark-bottom-of-stock-market.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMerrill Lynch CEO John Thain has seen better days, Floyd Norris writes in the New York Times . He's gone from “cockiness to capitulation. Distinction to desperation.” Thain recently unloaded a bundle of his company’s securities for 22 cents on the dollar and raised $8.5 billion from a stock sale....http://www.newser.com/story/33925/merrill-panic-may-mark-bottom-of-stock-market.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 01 Aug 2008 10:30:01 CDThttp://www.newser.com/story/33734/lone-star-buys-big-at-mortgage-fire-sale.html?utm_source=syn&utm_medium=rss&utm_campaign=tagLone Star Fund is looking to profit from the castoffs of the credit meltdown, buying billions of marked-down assets and betting on just some of them to rebound, reports the Wall Street Journal . The Dallas-based private-equity firm run by John Grayken has closed a deal on $6.7 billion in...http://www.newser.com/story/33734/lone-star-buys-big-at-mortgage-fire-sale.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 30 Jul 2008 11:48:54 CDThttp://www.newser.com/story/22060/northern-rock-post-mortem-of-a-spectacular-fall.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe collapse of Northern Rock, Britains third-largest lender, was "the messiest banking crisis in the Western world resulting from the global credit crunch,'' a UK lawmaker tells Bloomberg in a post mortem of the disaster. “They really screwed it up,” said one analyst of the bank’s hard-charging and ambitious...http://www.newser.com/story/22060/northern-rock-post-mortem-of-a-spectacular-fall.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 20 Mar 2008 13:49:06 CDThttp://www.newser.com/story/3580/sec-opens-subprime-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe feds are investigating the controversial bundles of financial services that have recently shaken the market and sparked a spate of leveraged buyouts, the Journal reports. SEC chief Christopher Cox told a congressional panel yesterday that "about 12 investigations" were under way into CDOs, shared debt packages reliant on faltering...http://www.newser.com/story/3580/sec-opens-subprime-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 27 Jun 2007 14:17:53 CDT