相場と情勢


by f1wrxgt
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サブ・プライムがらみその2

http://www.doblog.com/weblog/myblog/31550
「恐怖政治局面に入るウォール街」


http://online.wsj.com/article/SB120191503643937097.html?mod=hpp_us_whats_news

Feb.2,2008

"The Subprime Cleanup Intensifies "

Federal criminal prosecutors in New York are investigating whether UBS AG misled investors by booking inflated prices of mortgage bonds it held despite knowledge that the valuations had dropped, according to people familiar with the matter.

The investigation, by the U.S. attorney in New York's Eastern District in Brooklyn, is preliminary. The U.S. attorney's office frequently works closely with the Securities and Exchange Commission to coordinate efforts to gather information. The New York prosecutors haven't issued subpoenas, according to people familiar with the matter.

The SEC, deepening its own set of investigations into whether Wall Street firms improperly mispriced mortgage ...


http://www.intentblog.com/archives/2008/01/where_are_the_f.html?referer=sphere_related_content


"Where are the FBI and SEC Investigations Leading?"
DK Matai - January 29, 2008

The US Federal Bureau of Investigation has opened criminal investigations into 14 companies relating to improper subprime mortgage loans. The probes involve potential violations, including accounting fraud and insider trading.

The FBI has not identified the companies and the probes reach across the industry to include housing developers, subprime lenders, companies that securitised loans and investment banks that held them.

The FBI is investigating the 14 corporate cases in parallel with the US Securities and Exchange Commission (SEC), which has opened about three dozen civil investigations into the subprime market collapse. Some of the probes overlap with the FBI.

Separately as reported: Bear Stearns, Goldman Sachs and Morgan Stanley have said that government entities and regulators are seeking information from them about their subprime mortgage activities including mortgage securitisations, Collateralised Debt Obligations (CDOs) and synthetic products tied to subprime mortgages. The investment banks disclosed the various requests and subpoenas in their respective annual reports filed with the SEC on Tuesday.

Targets of the SEC probe, as reported, include the Swiss bank UBS AG and US investment banks Morgan Stanley, Merrill Lynch, Bear Stearns, as well as the bond insurer MBIA. The SEC, which has formed an internal subprime mortgage task force, is looking at how financial firms priced mortgage-based securities and whether they should have told investors earlier about the declining value of those securities.

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by f1wrxgt | 2008-02-17 14:38