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Comedy Central Roast Of Charlie Sheen

on September 14, 2011

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Capital4: India Stock Market Blog | India Investment Blog | Stock Trading Blog | India Financial Market Blog

Capital4: India Stock Market Blog | India Investment Blog | Stock Trading Blog | India Financial Market Blog : 'via Blog this'

Will S&P's outlook upgrade lead to higher forex borrowing

Rating agency S&P has upped its outlook on India to stable from negative. Usually this means yields on Indian corporate bonds in the secondary market should move lower and Indian companies should be able to raise forex loans more cheaply. Will this S&P action lead to a flood of external commercial borrowings (ECBs) or forex loans? In an interview with CNBC-TV18, Anant Narayan, MD & Regional Head of Fixed Income and Currency Trading for South Asia for Stanchart and Gunit Chaddha, MD & CEO, Deutsche Bank discuss the significance of this latest upgrade in ratings. Below is a verbatim transcript of the interview. Also watch the Q: Did you see at all a fall in the yields of already trading corporate paper in the market? Narayan: The yields have been coming off over the last few days. Ever since the Budget, in fact, we have seen a contraction in the spreads and it has also been across the globe not just for India. But going forward, medium-term, this is definitely positive ne...

Unscrewing Shareholders

Courtesy : Daniel Fisher - Forbes By throwing out the SEC's settlement with Bank of America, a New York judge raises ugly questions about securities fraud cases. A federal judge in New York got his dander up about a practice that is routine in courts around the country: making shareholders pay twice for securities fraud . In a blistering ruling released Monday, U.S. District Judge Jed Rakoff rejected a settlement between Bank of America ( BAC - news - people ) and the Securities and Exchange Commission over $5.8 billion in bonuses it paid to Merrill Lynch employees last year, allegedly without warning shareholders. In that settlement, BofA denied lying to shareholders but agreed to pay the SEC $33 million and to never do it again. This struck Rakoff as unfair. Why should shareholders hand the government $33 million to settle claims that management hid information from them? “To have the victims of the violation pay an additional penalty for their own victimization was en...

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Comedy Central Roast Of Charlie Sheen

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