31 March, 2015 by The TZ Newswire Staff Comments Off on Ex-Fannie Mae CEO testifies in $1 billion mortgage trial of Nomura, RBS
Ex-Fannie Mae CEO testifies in $1 billion mortgage trial of Nomura, RBS
Former Fannie Mae (FNMA.OB) CEO Daniel Mudd testified on Tuesday in a $1 billion civil trial over losses the company suffered on mortgage-backed securities and said it did not predict the severe decline in U.S. housing prices during the financial crisis. Mudd appeared in Manhattan federal court after being subpoenaed by Nomura Holdings Inc and Royal Bank of Scotland Group Plc (RBS.L) to testify in a trial pursued by Fannie’s conservator, the Federal Housing Finance Agency.
31 March, 2015 by The TZ Newswire Staff Comments Off on Trading the oil pullback: 5 plays on volatility
Trading the oil pullback: 5 plays on volatility
CNBC “Fast Money” traders picked their best plays on the continued up-and-down movement in oil prices.
31 March, 2015 by The TZ Newswire Staff Comments Off on Trading the oil pullback: 5 plays on volatility
Trading the oil pullback: 5 plays on volatility
CNBC “Fast Money” traders picked their best plays on the continued up-and-down movement in oil prices.
31 March, 2015 by The TZ Newswire Staff Comments Off on U.S. stock-index futures fall sharply in late trade
U.S. stock-index futures fall sharply in late trade
The first quarter wrapped on Tuesday with the…
31 March, 2015 by The TZ Newswire Staff Comments Off on U.S. stock-index futures fall sharply in late trade
U.S. stock-index futures fall sharply in late trade
The first quarter wrapped on Tuesday with the…
31 March, 2015 by The TZ Newswire Staff Comments Off on Better looking PMIs belie a weak Chinese economy
Better looking PMIs belie a weak Chinese economy
China’s factory activity surprisingly expanded in March,official data showed Wednesday, but it won’t change the PBOC’s easing stance, analysts say.
31 March, 2015 by The TZ Newswire Staff Comments Off on Better looking PMIs belie a weak Chinese economy
Better looking PMIs belie a weak Chinese economy
China’s factory activity surprisingly expanded in March,official data showed Wednesday, but it won’t change the PBOC’s easing stance, analysts say.