標題: UKEOW you add a wink along with a nod to that 213 [打印本頁] 作者:
w2qsdj2x 時間: 30-4--2014 02:09 PM 標題: UKEOW you add a wink along with a nod to that 213
Did S leak US credit downgrade info to specific bond firms in advance of it occurring?
That is the subject of a WSJ article today, and really should be a question the SEC is investigating:
Poor Corp. debt Mens Nike Air Force 1 Low downgrade, leaving some believing the chance of a creditrating cut was greater than they previously thought. of their tripleA rating, maintained since 1941. ratings within 90 days.
In the following weeks, S officials visited large bond firms including Allianz SE Pacific Investment Management Co., Los Angelesbased TCW Group Inc., Legg Mason Inc. Western Asset Management and New York assetmanagement giant BlackRock Inc., according to people who either attended the meetings or were briefed in it afterward. Some of these investors say they came away having a stronger sense the nation debt rating would be cut. (Emphasis added)
Recall years back when a Goldman Sachs economist John M. Ray Ban Uk Sale Youngdahl told his bond desk he heard rumors of the cancellation of the 30 year bond that led to his going to jail (but not Free Run Trainers the traders or the firm, who kept their apparently illicit gains).
If S told specific bond funds that material non Ray Ban Outlet Orlando public inside information namely, that a US credit downgrade was coming then how is this not illegal?
While there are protections for opinions and other speech, the nature of this being in S control puts them on a different footing than an outside 3rd party making assumptions, analyses and educated guesses. Remember, this is speech by S about what S might do. As John Coffee, a Columbia University securitieslaw professor, suggested, there comes a place where the ratings agency may have gone too far: you add a wink and a nod to that, I think which goes over the line. Be sure to create straw men and argue against things I have neither said nor implied. Should you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . Louboutin Outlet Store Uk you are, after all, anonymous. Yesterday issuing a dramatic everything call, you clue inside your friends and family so they can step aside. Is the fact that illegal sharing your own private opinion with whomever you choose?
As far as I know, it isn And a similar distinction could be made from a publisher of ratings on securities (which there are hundreds, when one includes market letters, mutual fund advisories, and the like) and corporate insiders, who are privy to nonpublic material information about specific securities.
I skeptical of extending insider trading restrictions to the point that they regulate the manner in which personal opinions can be expressed by nonissuers of listed securities.
