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Latest Posts
CIBC Trims U.S. RMBS, CDO Exposure in Deal with Cerberus
Oct 03, 2008The Canadian Imperial Bank of Commerce said Friday that it was the latest non-U.S. institutional investor to flee U.S. real estate, selling a $1.05 billion stake in its portfolio of U.S. RMBS and CDOs to a fund managed by Cerberus Capital Management, LP. CIBC said its U.S. real estate reference portfolio had been valued at $1.19 billion as of June 30 but was down to $1.08 billion just one month later.
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Thornburg’s Future in Doubt
Oct 01, 2008 -
WaMu Becomes Largest Bank Failure in History
Sep 26, 2008 -
FBI Probes Mortgage Cos. in Financial Meltdown
Sep 24, 2008 -
Questions, Partisan Demands Surround Financial Bailout
Sep 19, 2008 -
Morgan Stanley Profits Down; Pondering Merger?
Sep 17, 2008 -
AIG Heads Into Government Hands
Sep 17, 2008 -
Despite Uncertainty, Fed Leaves Key Rate Unchanged
Sep 16, 2008 -
Thornburg Mortgage Back on the Ropes
Sep 16, 2008 -
Wells Fargo Takes Another Hit
Sep 16, 2008 -
Goldman Weakens in Q3
Sep 16, 2008
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