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Citi prices manager's second CLO in two months
Credit Suisse wins in latest Maiden Lane III CDO auction
Investor flight to safety sees Germany place zero-coupon debt
CLO fund books a gain after trading out of a 2007 mezzanine CLO
Goldman secondary CLO trader recommends play on prepayments
Yankee financial bonds outperform in US trading
Secondary investor trades out of CLO single-As in reinvesting deals
Fiat goes wider on talk of possible link-up with struggling Japanese firm
Isda nods through rapid auction process for publishing company
Tax rule could increase value of CLO debt, says Wells Fargo
Fitch sees LTRO 3 as increasingly likely
Credit market snapshot: credit tightens on low volumes
Fitch downgrades Japan
Garrison refinances 2010 CLO into a new deal
Buy-side distressed debt specialist jumps to rival hedge fund
Award winning CLO manager markets a new CLO
Growing pipeline gives investors more pricing leverage, says RBS
Spanish CDS tightens despite bond yield rise
Tranches regain ground as jump bets subside
Autos move tighter as market sentiment turns more bullish

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You are here: Home » Newsletter

Creditflux Newsletter

August 2009

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Top Story

Fishknife - History says AIG was a brave pioneer

Michael Lewis’s thoroughly researched article in Vanity Fair reminds us how neatly AIG fits into a historical pattern. Call it the Penn Square paradigm, if you like. This is the phenomenon where the leading proponent of a new way of extending credit collapses in disgrace. Sometimes there are misdeeds involved.…