Asset Protection and Security

Banks sold risky debt to clients, bet against it -- and won ; Wall Street firms profited from mortgage-linked deals as market tanked
International Herald Tribune; 12/26/2009; 1393 words; ...creating mortgage-related securities, named Abacus, that...created even more of the securities, enabling it to pocket...billions of dollars on securities that they had believed...risky mortgage- linked assets that would be particularly...York. "When you buy protection against an event ...

As clients bet one way, banks bet another ; Wall Street firms profited from mortgage-linked deals as market imploded
International Herald Tribune; 12/26/2009; 1562 words; ...creating mortgage-related securities, named Abacus, that...created even more of the securities, enabling it to pocket...billions of dollars on securities that they had believed...risky mortgage- linked assets that would be particularly...York. "When you buy protection against an event ...

Fitch Downgrades Dillon Read CMBS CDO 2006-1 Ltd./Corp.; Removed from Watch Negative.
Real Estate Weekly News; 12/25/2009; 929 words; ...mortgage backed securities (CMBS) collateral...respective triggers. One asset (1.8%) is experiencing...principal of the asset is currently being...Subsequently, loss protection payments are being...of the underlying assets and the expected...synthetic and cash assets, as well as ...

SHANDONG TO INJECT CNY 2TR INTO ITS ECONOMY
AsiaInfo Services; 12/25/2009; 393 words; ...securing an 18% growth in fixed-asset investments and injecting a...agriculture, environmental protection, energy, and real estate...culture, sports, social security, new energy, emerging materials...sanitation culture sports social security new energyCopyright 2009 AsiaInfo...

Banks won bets against debt they created ; Securities target of SEC inquiry
The Boston Globe; 12/24/2009; 763 words; ...creating mortgage-related securities, named Abacus, that...created even more of these securities, enabling it to pocket...billions of dollars on securities they believed were solid...risky mortgage- linked assets that would be most likely...York. "When you buy protection against an event ...