ef='Headlines for: June 30, 2011
Judge Approves LA Dodgers' $150 Million DIP Despite MLB Objections 06/29/2011 5:22:03 PM ET NEW YORK (Reuters)—U.S. Bankruptcy Court Judge Kevin Gross has approved a $150 million debtor-in-possession loan from Highbridge Principal Strategies, LLC , a hedge fund affiliate of JP Morgan, to the Los Angeles Dodgers Holding Company LLC, sources said.
CFTC's Gensler Stickhandles to Keep Influence 06/29/2011 5:17:14 PM ET WASHINGTON (Reuters)—Gary Gensler, head of the U.S. futures regulator, risks losing influence in Congress as his Wall Street reform efforts become bogged down in the details, possibly impairing progress on his ambitious agenda.
D.Boerse-NYSE Ask EU Regulators For Deal Approval 06/29/2011 3:23:20 PM ET BRUSSELS (Reuters)—Deutsche Boerse and NYSE Euronext formally sought EU approval for their planned $9 billion tie-up on Wednesday [June 29], triggering a lengthy review expected to focus on the derivatives and clearing businesses. The two exchanges struck a deal in February to create the world's No.
Lehman Adds Creditor Support, New Bankruptcy Plan 06/29/2011 2:16:14 PM ET EDITOR'S NOTE: This story has been updated throughout. NEW YORK (Reuters)—Lehman Brothers Holdings Inc. filed a new $65 billion bankruptcy liquidation plan that it said has won wider support, possibly setting the stage for the end of the biggest bankruptcy in U.
Paulson May Catch a Break on Bank of America Deal 06/29/2011 12:56:22 PM ET BOSTON (Reuters)—Hedge fund manager John Paulson may have finally caught a break, even if it is for just one day. As a long-term optimist on financial stocks, Mr.
New Settlement Push in CFTC Oil Manipulation Case 06/29/2011 12:33:09 PM ET EDITOR'S NOTE: This story has been updated throughout. NEW YORK (Reuters)—One of the biggest oil market manipulation cases undertaken by U.S. regulators is entering a new phase in which a judge will mediate settlement talks, three years after the case was launched.
Greek Bank Plan Unlikely to Trigger CDS 06/29/2011 12:13:30 PM ET LONDON (Reuters)—Politicians and bankers are confident that a French proposal for a Greek bailout can be adopted without triggering a pay-out in credit insurance, lifting a key hurdle to a rollover of Greek debt, sources told Reuters. The French plan, discussed at a high-level meeting in Rome this week, has resulted in "confidence" that Credit Default Swap markets would give it their thumbs-up, a derivatives expert with knowledge of the talks said.
U.S. SEC Proposes Conduct Rules For Swap Dealers 06/29/2011 11:56:06 AM ET WASHINGTON (Reuters)—Securities regulators proposed new rules on Wednesday [June 29] for how swap dealers interact with their customers, in a move designed to manage risk and protect clients from abusive practices. The 200-plus-page proposal by the U.'>Headlines for: June 30, 2011
Judge Approves LA Dodgers' $150 Million DIP Despite MLB Objections 06/29/2011 5:22:03 PM ET NEW YORK (Reuters)—U.S. Bankruptcy Court Judge Kevin Gross has approved a $150 million debtor-in-possession loan from Highbridge Principal Strategies, LLC , a hedge fund affiliate of JP Morgan, to the Los Angeles Dodgers Holding Company LLC, sources said.
CFTC's Gensler Stickhandles to Keep Influence 06/29/2011 5:17:14 PM ET WASHINGTON (Reuters)—Gary Gensler, head of the U.S. futures regulator, risks losing influence in Congress as his Wall Street reform efforts become bogged down in the details, possibly impairing progress on his ambitious agenda.
D.Boerse-NYSE Ask EU Regulators For Deal Approval 06/29/2011 3:23:20 PM ET BRUSSELS (Reuters)—Deutsche Boerse and NYSE Euronext formally sought EU approval for their planned $9 billion tie-up on Wednesday [June 29], triggering a lengthy review expected to focus on the derivatives and clearing businesses. The two exchanges struck a deal in February to create the world's No.
Lehman Adds Creditor Support, New Bankruptcy Plan 06/29/2011 2:16:14 PM ET EDITOR'S NOTE: This story has been updated throughout. NEW YORK (Reuters)—Lehman Brothers Holdings Inc. filed a new $65 billion bankruptcy liquidation plan that it said has won wider support, possibly setting the stage for the end of the biggest bankruptcy in U.
Paulson May Catch a Break on Bank of America Deal 06/29/2011 12:56:22 PM ET BOSTON (Reuters)—Hedge fund manager John Paulson may have finally caught a break, even if it is for just one day. As a long-term optimist on financial stocks, Mr.
New Settlement Push in CFTC Oil Manipulation Case 06/29/2011 12:33:09 PM ET EDITOR'S NOTE: This story has been updated throughout. NEW YORK (Reuters)—One of the biggest oil market manipulation cases undertaken by U.S. regulators is entering a new phase in which a judge will mediate settlement talks, three years after the case was launched.
Greek Bank Plan Unlikely to Trigger CDS 06/29/2011 12:13:30 PM ET LONDON (Reuters)—Politicians and bankers are confident that a French proposal for a Greek bailout can be adopted without triggering a pay-out in credit insurance, lifting a key hurdle to a rollover of Greek debt, sources told Reuters. The French plan, discussed at a high-level meeting in Rome this week, has resulted in "confidence" that Credit Default Swap markets would give it their thumbs-up, a derivatives expert with knowledge of the talks said.
U.S. SEC Proposes Conduct Rules For Swap Dealers 06/29/2011 11:56:06 AM ET WASHINGTON (Reuters)—Securities regulators proposed new rules on Wednesday [June 29] for how swap dealers interact with their customers, in a move designed to manage risk and protect clients from abusive practices. The 200-plus-page proposal by the U.
