Alcoa Gets Energy Chill From Australia's $130 Billion Natural Gas Boom Australia is attracting more than
$130 billion of investment in some of the world’s richest
natural gas fields to supply buyers in Japan and China. Domestic
customers, including Alcoa Inc., will have to wait.
Insurers Bought Most Company Debt Since 2004 as Buffett Saw `Raining Gold' U.S. insurers, holders of more than
$2.2 trillion in corporate debt, bought the bonds at the fastest
pace in five years in 2009, taking advantage of a market that
Warren Buffett said was “raining gold.”
CDO `Samaritan' Hildene Duels With Fund Goliaths Over Stripping Collateral Hildene Capital Management LLC, the
$150 million hedge fund that gained 33 percent last year, is
fighting firms 100 times its size to preserve the value of
collateralized debt obligations holding bank securities.
Milberg's Former Class-Action Kings, Out of Prison, Head for Links, Slopes The four lawyers who ran Milberg
Weiss Bershad Hynes & Lerach LLP, the firm that got investors
$45 billion from securities lawsuits against publicly traded
companies, are reacquainting themselves with life on the outside
now that they’ve left prison.
Greek Banks' Struggle to Make Profits May Trigger Credit-Rating Cut at S&P Profitability at Greece’s largest
banks may be “challenging” in coming years as the country’s
economy deteriorates, which may trigger a cut of the lenders’
credit ratings, Standard & Poor’s said.
Loan Spread Points to Restraints on U.S. Housing Market: Chart of the Day The spread between rates for
conforming and so-called jumbo mortgages signals the housing
market will be restrained for some time.