- American Superconductor Would Be Better Off In Brazil
Greetings today from Sao Paolo, Brazil. At this moment, I am visiting BM&FBovespa, the amalgam of stock, commodities and derivatives exchanges assembled into a vertical model to offer a broader liquidity pool to investors inside and outside of Brazil. Bovespa provides trading, clearing, custody, and other services with regulation of the financial markets by the Securities and Exchange Commission of Brazil. サンパウロ、ブラジルからのご挨拶、今日
- Colonel we shrank your cash pile, have some stock
The Wall Street Journal has revealed how Goldman Sachs offered preferred stock to Colonel Gaddafi-controlled fundLost a fortune on the roulette wheel? Don't worry, if you are a big and important player, the casino will offer you the chance to recoup your losses by investing in the casino itself.That seems to be a rough summary of the extraordinary story, as revealed by the Wall Street Journal, of how Goldman Sachs found itself in 2009 offering preferred stock to the Libyan Investment Authority, a fund controlled by Colonel Gaddafi. The Libyans lost almost $1.3bn (£790m) in derivative trades in 2008 conducted through Goldman; the bank, anxious to maintain a relationship with a $50bn-plus fund, dreamed up a series of attractive investment offers for the LIA. Preferred shares are not ordinary shares – they are more like debt. But the funniest part of the saga was this: the Libyans were so shaken by their losses they didn't bite; instead, they questioned the solidity of Goldman itself.This was a tale of the times, of course. Most of the world's banks were keen to do business with the LIA, and were permitted to do so after 2004. The thumping 98% loss in high-risk derivative contracts was caused by the market turmoil of 2008.Even so, it is remarkable that Goldman was prepared to offer preferred stock to the Libyans and that chief executive Lloyd Blankfein himself was involved in discussions. Okay, association with a 98% loss might have been considered embarrassing by Goldman. But the trades were all signed off by the LIA, insist bank insiders, and the fund was offered ways to cut its losses when the bets started to turn sour.Other Goldman clients who have suffered trading losses might like to know more. Is this special offer still available? How much do you have to lose to qu ゴールドマンサックスは、ルーレットの大佐カダフィ制御fundLostに幸運を優先株式を提供する方法Wall Street Journal紙が明らかになった？あなたは大きな、重要なプレイヤーの場合、心配しないで、カジノはあなたにカジノitself.Thatに投資することによってあなたの損失を回収する機会を提供して、Will、ウォール街で明らかに異常な物語の大まかな要約と思われるゴールドマンサックスは、リビア投資庁、大佐カダフィ大佐によって制御されるファンドに2009を提供する優先株式に自分自身を発見する方法の研究
- Seoul's market probe to check short-term debt
South Korea's probe into foreign exchange derivatives positions at banks will focus on a recent sharp rise in short-term foreign debt and could result in tougher rules for lenders, two senior government officials said yesterday.
銀行の外国為替のデリバティブ取引に韓国のプローブは、短期対外債務の最近の急激な上昇に焦点を当てる貸し手の厳しいルールになる可能性がある2人の上級政府当局者が明らかにした
- Palm oil drops
Palm oil dropped the most in three weeks after it became more expensive than soybean oil for the first time in more than three years.
March-delivery futures fell as much as 2 percent to 3,810 ringgit ($1,242) a ton, the most since Dec 17, and traded at 3,830 ringgit on the Malaysia Derivatives Exchange at 3:04 pm local time.
Palm oil output in Malaysia fell to the lowest in five months in November and stockpiles shrank for the first time in four months, the nation's palm oil board said o ... それが3年以上で初めて、より大豆油よりも高価になった後パーム油は、三週間で最も下落した
- Palm oil declines
Palm oil declined on Wednesday after reaching a 33-month peak on Tuesday, snapping seven days of gains, as high prices and a slump in exports from Malaysia dampened demand.
March-delivery palm oil on the Malaysia Derivatives Exchange fell as much as 1.2 percent to 3,734 ringgit ($1,208) a ton and traded at 3,745 ringgit at 3:58 pm local time on Wednesday.
Palm oil, which competes with soybean oil in food and biofuel uses, has risen 41 percent this year, heading for a second annual gain, ... マレーシアは、需要を湿らせたからパーム油は、高価格と輸出の低迷など、利益の7日間を撮って、火曜日に33月のピークに達した後、水曜日に減少した
- Palm oil increases
Palm oil jumped to the highest level in more than 28 months as the top producers boosted optimism that demand for the commodity remains strong amid low supplies.
February-delivery futures rose as much as 2.1 percent to 3,482 ringgit ($1,102) a ton on the Malaysia Derivatives Exchange on Wednesday, the highest price since July 17, 2008. Exports from Malaysia climbed 11.7 percent in November from October, the surveyor Intertek said. Sales from Indonesia rose 13 percent in October from a year a ... ブースト楽観的な見方を供給低いまま強い中で、商品の需要のため生産者はパーム油が跳びトップとしてレベルの高いものヵ月28日以上の他の2月配信先物市場は、マレーシア）トンで1102バラと同じくらいの2.1パーセント（$マレーシア3482水曜日のデリバティブ取引所、2008年7月17日以来の最高値
- Financial market regulation is a mess | Megan Carpentier
That a Senate committee established for farmers has passed a derivatives regulation bill highlights a key failing of the systemOn Wednesday, the Senate agriculture committee passed legislation to finally regulate and bring transparency to derivatives trades and, in particular, the credit default and currency swaps. These have been held up as examples of financial market excess, opacity and economically harmful practices in everything from the Greek debt crisis to the recent SEC charges against Goldman Sachs. But if you're wondering why the Senate committee on agriculture, nutrition and forestry (ANF) has any jurisdiction over the legislation designed to reform and re-regulate the financial markets, you've successfully identified one of the key problems with financial market regulation that the reform bill likely won't resolve: the dilution of regulatory authority over the financial markets.The ANF committee had jurisdiction over derivatives because of its historical mandate to oversee the commodities futures trading commission, since futures trading was initially established for farmers' use. Paul Blumenthal of the Sunshine Foundation has suggested that the committee's continued jurisdiction over the financial markets has more to do with its members – and its chair's – ability to extract campaign donations from more moneyed sources than those left in the agricultural sector – and that is, at a minimum, a rather lucrative side benefit of the committee's continued jurisdiction over futures trading.But one of the main problems identified with some of the players and transactions that precipitated the crisis was that no one agency was at the helm, and agencies didn't share information about the organisations and individuals under their jurisdiction (or under investigation) それは上院の委員会は、農民のために確立デリバティブ規制法案を可決したキーsystemOnの水曜日に失敗、上院農業委員会は、渡された法案を最終的に規制し、デリバティブ取引の透明性をもたらすと、ハイライト特に、クレジットデフォルトと通貨スワップ
- Morgan Stanley Under The Microscope
On the heels of charges against Goldman Sachs, investigators are said to be eyeing the firm's derivatives deals. ゴールドマンサックス告発のかかとで、捜査は、企業のデリバティブ取引を狙っていると言われる
- US probes Wall Street firms' Greece role
United States regulators are probing how Wall Street firms such as Goldman Sachs helped debt-stricken Greece arrange derivatives deals that critics say were used to disguise the size of its budget deficits. アメリカ合衆国レギュレータはどのようにウォール街の企業のような、ゴールドマンサックスの債務助けたギリシャデリバティブ取引は、批評家は、財政赤字の大きさを隠すために使用されたと言うの手配被災プロービングされます
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