As widely reported, in the latest Lehman bankruptcy “fundraiser,” managers of the Lehman estate are now demanding millions of dollars from non-profit retirement homes, colleges and hospitals. Lehman claims that it was somehow...more
A bill set to establish central counterparties to clear over-the-counter derivatives has been approved in South Korea. Xinhua News Agency reports that South Korean lawmakers passed the revised bill on capital markets act that...more
On December 21, 2012, the High Court decided an alleged mis-selling of interest rate swaps case in favour of the defendant, RBS....more
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