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Regulation model has failed, says Merkel
Continental Europe should take the lead in devising new rules for financial markets because the Anglo-Saxon model of regulation has failed, Angela Merkel has told the Financial Times.

Merrill wins court ruling in SAC debt case
A U.S. District Court judge ruled that Security Capital Assurance Ltd’s XL Capital Assurance Inc unit will have to stand by $3.1 billion of guarantees on collateralized debt obligations, in dispute with Merrill Lynch & Co Inc.

Discussion Paper: Reducing complexity in reporting financial instruments

EY: Reducing complexity in reporting financial instruments

RBS Faces ‘More Bad News Than Good News’
Royal Bank of Scotland Group Plc, two days after completing Europe’s biggest rights offering, faces “more bad news than good news” for as long as 15 months, Chief Executive Officer Fred Goodwin said.

Google Co-Founder Books a Flight on Russian Soyuz Space Shot
“I am a big believer in the exploration and commercial development of the space frontier, and am looking forward to the possibility of going into space.”

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Posted by jck at 6:51 am EST on June 11th, 2008 |

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