Debt Management - UPDATE 2-Legg Mason reduces ABCP investments in two funds
UPDATE 2-Legg Mason reduces ABCP investments in two funds
Reuters - Asset-backed commercial paper (ABCP) is short-term debt tied to mortgages, credit-card payments or other kinds of Legg Mason said that as of Dec. 21 its liquidity business had $164 billion of assets under management. Another money manager
Samurai Sales Triple as Citigroup Leads Bond Issuance in Japan
Bloomberg - the U.S. subprime rout,'’ said Jun Ishida, a Tokyo-based fund manager at Societe Generale Asset Management issuance more than halved last year from 1.59 trillion yen in 2005 after the Internal Revenue Service decided to tax returns on such debt
MBIA, Ambac Fall as Buffett Starts Up Bond Insurer (Update5)
Bloomberg - Berkshire Hathaway has AAA ratings from Fitch Ratings, Moody’s Investors Service and Standard & Poor’s and its guarantee and the chairman of the Government Finance Officers Association, an organization for executives in government-debt management
Salton, Inc. Completes Acquisition of APN Holding Company, Inc.
Forbes - Salton and its subsidiaries after the merger will continue to design, service, market and distribute a wide In partnership with Applica’s senior management, we have reduced Applica’s debt by over $110 million since December 2006, while significantly
Pinal’s debt rating upgraded
Arizona Daily Star - Rating service Standard & Poor’s has upgraded Pinal County’s debt rating from A- to A, citing “continued economic growth and diversification and Pinal County’s financial performance is consistently strong, aided by good fiscal management