CDO News 11/10/07

CDO news (Latest)

• Credit Crunch to Credit Crisis - Financial Sector Crash Continues - The Market Oracle - Nov 9, 2007
• Business Right Now - WBOC TV 16 - Nov 9, 2007
• CDO heads to 2nd round - Arizona Daily Star - Nov 9, 2007
• Stocks post steep losses as credit worries persist - Charleston Post Courier - Nov 9, 2007
• E-Trade expects to take "significant write-downs" in 4th quarter ... - The Canadian Press - Nov 9, 2007

CDO news (most relevant)

• E-Trade's ABS, CDO Exposure at $450M - Houston Chronicle - Nov 9, 2007
• Moody's cut $10.3 bln CDO ratings in Oct, sees more - Reuters - Nov 9, 2007
• ACA’s downgrade threat could leave CDS counterparties without recourse - Financial Times - Nov 9, 2007
• Derivative Fitch: More CDO Asset Manager Replacements Likely - PR-Inside.com (Pressemitteilung) - Nov 9, 2007
• jpmorgan (JPM) Said CDO/Suprime Positions Could Be Negatively ... - StreetInsider.com (subscription) - Nov 9, 2007

Blog Search on CDO

• Moody’s: $10.3 Billion in US CDO Downgrades During October - Nov 9, 2007 - P. Jackson
• The Entity Is Getting Lawyered Up - Nov 9, 2007 - climateer
• November 9, 2007 - Nov 9, 2007 - jiHymas
• CDO Mess Lines Up Its Next Victim - Nov 9, 2007 - Steve Christ
• One Of The Most Challenging Markets In Recent History - Nov 9, 2007 - Ben Jones

CDO news from Bloomberg

• Wachovia Marks Loss; jpmorgan, Bank of America Warn of Declines - Bloomberg - Nov 9, 2007
• Bank of America Says `Dislocations' to Hurt Results (Update2) - Bloomberg - Nov 9, 2007
• jpmorgan Chase Held $40.6 Billion in Leveraged Loans (Update3) - Bloomberg - Nov 9, 2007
• Wachovia Credit-Loss, Loan Reserves Reach $1.7 Bln (Update6) - Bloomberg - Nov 9, 2007
• jpmorgan Chase Held $40.6 Billion in Leveraged Loans (Update1) - Bloomberg - Nov 9, 2007

CDO news from Reuters

• WRAPUP 1-Wachovia, Capital One say credit conditions worsen - Reuters - Nov 9, 2007
• WRAPUP 1-Wachovia, Capital One say credit conditions worsen - Reuters - Nov 9, 2007
• Stock Market Update - Fri Nov 09 16:38:23 EST 2007 - Reuters - Nov 9, 2007
• WRAPUP 1-Wachovia, Capital One say credit conditions worsen - Reuters - Nov 9, 2007
• WRAPUP 1-Wachovia, Capital One say credit conditions worsen - Reuters - Nov 9, 2007

CDO news on DIGG.COM

• Standard & Poor Liquidation begins ( watch out !!!) - Nov 9, 2007
• Deutsche sells new CDO despite credit crunch - Sep 13, 2007
• NorthStar Realty Finance Prices Ninth Collateralized Debt Offering - Feb 15, 2007
• The borrower is slave to the lender - Aug 3, 2007
• Prince of Pot plum out of cash - Aug 3, 2007

CDO news from Yahoo.com

• Banks warn subprime will impact 4Q (Muzi) - Nov 9, 2007
• Bank of America says market dislocations to hurt its 4th-quarter results by unspecified amount (The Standard-Times) - Nov 9, 2007
• Wachovia says portfolio lost $1.1 billion in value in October, raises loan loss provisions (Savannah Morning News) - Nov 9, 2007
• Wachovia Stung By Loan Losses; Value Of Securities Drops $1.1 Billion (Hartford Courant) - Nov 9, 2007
• CDO liquidating assets, fears raised that more may follow suit (The Star--The People's Paper) - Nov 9, 2007