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Jim Wolfensohn made the reduction of poverty in the world's poorest countries his overarching priority for the Bank. Was he successful?

Brilliant and arrogant, charming and volcanically quick tempered, Jim Wolfensohn defies brief summary.

Jim Wolfensohn made the reduction of poverty in the world's poorest countries his overarching priority for the Bank. Was he successful?

S&P report on the Philippines's fiscal problems

ABN AMRO Asset Management in London might sell European government bonds in the middle of the yield curve and bulk up on short- and long-dated maturities.

Anticipation in the investor community is high for next Tuesday's reopening of the 20-year Treasury inflation-protected security.

Lehman Brothers is starting a floating-rate asset-backed index later this quarter to meet the changing nature of the structured finance market.

Dana Investment Advisors is looking to pick up yield through mortgage-backed securities.

Babson Capital Management plans to capitalize on pension fund interest in structured products by rolling out up to three collateralized debt obligations (CDO) in the first quarter and up to six this year, according to Money Management Letter, an LMW sister publication.

The highly priced bank debt of Northwest Airlines and American Airlines has been swapping hands after Delta Airlines announced a fare reduction strategy that could spark a price-war among similar carriers.

Warner Chilcott Corp.'s $1.4 billion "B" loan has brought in more than $2 billion in investor commitments despite lugging total leverage to over seven times.