May 2, 2010

A Fellow You might Want to talk With About Morgan Stanley Credit Default Swaps

Morgan Stanley’s head of European leveraged credit trading has resigned. Robert Lepone, who oversaw various teams, including high yield bonds, leveraged loans, credit default swaps and distressed debt, left Morgan Stanley’s London office for personal reasons, a spokesman said. His replacement will be announced in the coming weeks, the spokesman said, declining to comment further. …

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FCI: Nonperforming Loan Auctions Strong Through 2016

Editor’s Note: A strong indication that the financial services sector expert this foreclosure mess to be going strong for years to come. FCI: Nonperforming Loan Auctions Strong Through 2016 April 20, 2010 By National Mortgage News Online The auction of nonperforming loans will remain strong for six more years, with hedge funds and private investors …

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