Topic: Karen Brettell
NEW YORK (Reuters) - Goldman Sachs on Tuesday said it is launching a service to facilitate central clearing for clients in all listed and privately traded derivatives asset classes."The move to central clearing for over-the-counter derivatives is a significant turning point in ...
NEW YORK (Reuters) - Standard & P is changing its criteria for rating CDOs after being criticized for awarding high ratings to risky deals that in many cases have lost all, or most of their value.Losses from the deals, portfolios of debt sliced ...
