Sivs

Brokers Suffered, While Customers Profited In 2007

New York Times | Floyd Norris | Posted 01.02.2008 | Business


The brokers' customers did reasonably well. The brokers did not. That is not the usual way of Wall Street. Two-thirds of a century ago, a best seller...

Is Your Cash Safe At The Banks?

Smart Money | Aleksandra Todorova | Posted 12.20.2007 | Business


You don't have to be an information addict these days to get a sense of the grim realities that the subprime-mortgage crisis and resulting credit crun...

Citigroup Bails Out Seven "SIV"s

AP | Posted 12.14.2007 | Business


Citigroup Inc. plans to assume control of the seven "structured investment vehicles" the bank advises to help them repay their debts. Citigroup will ...


 

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