Unstructured Finance

Deutsche’s he said/she said derivatives mystery

June 25, 2011

By Matthew Goldstein

Valuing derivatives–especially complex ones tied to esoteric assets–is always a tough proposition. And maybe that’s what a previously unknown whistleblower action involving Deutsche Bank is all about.

Grassley the inquisitor

May 24, 2011

Sen. Chuck Grassley wants to know what the Securities and Exchange Commission did with complaints it received about potential improper trading by Steve Cohen’s SAC Capital.

Deals wrap: Goldman buys a Chinese life insurance policy

April 8, 2011

Passengers walk around the fences to enter the Beijing West Railway Station January 31, 2011.REUTERS/Jason Lee Goldman Sachs is betting big on the word’s largest insurance market with its purchase of a 12 percent stake in China’s Taikang Life Insurance Co Ltd. Goldman’s deal could pave the way for Taikang’s planned initial public offering next year. Credit Suisse estimates China’s life insurance market –which generated $124 billion premium income in 2009 — will grow more than 20 percent per annum for the next decade.

Deals wrap: What’s next for Apple?

October 26, 2010

Apple Chief Executive Steve Jobs smiles after the Apple's music-themed September media event in San Francisco, California September 1, 2010. REUTERS/Robert GalbraithShares of Sony rose nearly 3 percent at one point on Tuesday, but later retreated as analysts dismissed speculation that the electronics maker could be an acquisition target of Apple. *View article *View WSJ article looking at an Apple tie-up with Netflix

Deals wrap: Hot prospects in VC

August 3, 2010

Workers walk outside the London Stock Exchange October 16, 2008. REUTERS/Andrew WinningVenture Capital Journal profiles 10 young venture capitalists who are poised to do great things. All of their “Hot Prospects” are under 36 years old and all have yet to make their mark in VC. The series runs all week.*View article *View profile of Chi-Hua Chien *View profile of Ann Miura-Ko

The afternoon deal: Being Goldman

June 24, 2010

Goldman Sachs Chairman and CEO Lloyd Blankfein testifies before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee hearing on "Wall Street and the Financial Crisis: The Role of Investment Banks" on Capitol Hill in Washington April 27, 2010.     REUTERS/Jason ReedGetting raked over the coals for allegedly shady trading practices does nothing for the public’s trust in a company. But if the bottom line is affected, then it gets real serious.

The afternoon deal: Regulation overdrive

June 10, 2010

MOTOR-RACING-NASCAR/A joint Senate-House of Representatives conference committee convened at 2:15 p.m. EDT to begin merging competing bills from each chamber into what will be the biggest overhaul of the financial rules since the 1930s. Columnist John Kemp explains the simple conference process and the not so simple reality of merging the House of Representatives and Senate versions of the financial reform bill. The “base text” for the regulatory bill is here.