Hy-tech Computer Systems
What is a credit default swap? (Washington Post)
That's part of what Greece's prime minister, George Papandreou, blames for his country's financial crisis. A credit default swap is a form of insurance on bonds that investors buy and sell. When it looks like a bond issuer might have trouble paying, its CDS prices soar because the bonds are more...
EU threatens to ban some credit default swaps (AP via Yahoo! Finance)
The European Union executive is threatening to ban some credit default swaps in a swipe at speculators who made huge bets against the euro and the chances of Greece not repaying its debt in recent weeks.
Merkel Says Credit Default Swaps Must Be Regulated Quickly (Bloomberg)
March 9 (Bloomberg) -- German Chancellor Angela Merkel said the Greek financial crisis showed credit-default swaps need to be regulated quickly. She spoke today in Luxembourg at a briefing with Luxembourg Prime Minister Jean-Claude Juncker.
Corporate Bond Risk Rises in Europe, Credit-Default Swaps Show (Bloomberg)
March 9 (Bloomberg) -- The cost of protecting European corporate bonds from default rose, according to traders of credit-default swaps.
Noose tightens around credit default swap market (National Post)
The European Commission said on Tuesday it will consider banning the naked selling of derivatives contracts some EU politicians say were used by speculators to bet on a Greek bond default
European Union, Germany's Merkel urge US to join action against some credit default swaps (Minneapolis-St. Paul Star Tribune)
BRUSSELS - European officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might ban some credit default swaps — opaque financial instruments blamed for worsening the world financial crisis.
EU contemplates banning speculative credit default trading (EARTHtimes.org)
Strasbourg, France - The European Union's executive is to consider banning naked speculative trading in credit default swaps (CDS), a tool by which investors try to cover themselves against default, the head of the body said Tuesday. Both the EU an...
T-Mobile BlackBerry Users to Get Google Default Search (Network World)
Good news for BlackBerry smartphone users in the United States on T-Mobile, at least if you're a fan of search giant Google: The wireless carrier will soon swap out the Yahoo default search option within the BlackBerry Browser for Google's industry-leading search engine, according to MocoNews.net and other reports.
Europe targets credit default swaps traders (AFP via Yahoo! News)
Europe turned its sights on Tuesday on the controversial trade in insurance against sovereign loan defaults, the latest consequence to arise from market panic over spiralling Greek debts.
Why Isn’t The iPad Getting Some Of The iPhone’s Default Apps? (Gizmodo Australia)
Recently we saw the first iPad ad, but in it we didn’t see some of the default apps found on the iPhone. Why aren’t the Stocks, Calculator, Clock, Weather and Voice Memos apps on the iPad? Here’s a possible explanation. (more…)
Cached at: 3/9/2010 3:25:21 PM