Pre-migration untagged articles

UBS priced Cairn Capital’s first CDO of European ABS last Thursday (July 26).

John Mack, the chief executive of a resurgent Morgan Stanley, has always admired the professional skills of Walid Chammah.

What is spooking the price of Merrill Lynch shares? No one would shed a tear if Bear Stearns’ shares were kicked into touch or sent to Siberia for a resting period, but what has Merrill done to deserve nearly the same harsh treatment?

There were mixed fortunes for Euromarketeers last week. Over in sunny Düsseldorf, the unlucky Thomas Fischer, chief executive of WestLB, fell at the German equivalent of Bechers Brook, after a plucky ride in which he never looked totally comfortable.

While credit markets are under pressure and deals are stalling, some numbers show it isn't that bad from a historical standpoint.

According to those who on sat in on a loan syndicate panel, the pummeling the LCDX has taken is investors' democratic voicing out and rejection of the recent vintage of deals -- but it could also be feeding the current volatility in the debt market.

As if things weren't going bad enough for the folks over at the bankrupt drinks-maker Le-Nature's, Gregory Podlucky, the company's former ceo, is now being forced to part with his prized model train collection to pay back creditors.

Investors were still looking for more concessions from lead banks on the $5.2 billion VNU N.V. deal even after portions of the loans and bonds were rejiggered and pricing was increased on the U.S. tranche.

The following charts show the top five advancers and decliners in terms of % moves in the loan, bond and credit default swap markets for the previous week.