Archive

News analysis

  • Middle East shortlist announced

    25 Sep 2008

    The shortlist for IFLR's Middle East awards has been announced. For all the nominated deals and teams, click here

  • Dodgy documents create more problems for Lehman

    24 Sep 2008

    As the dust settles on the remains of Lehman Brothers, administrators are struggling to pick up the pieces. Rights and obligations regarding assets and trades are not clear; the documents did not anticipate an event of default

  • Basel almost destroyed AIG

    19 Sep 2008

    Basel II is flawed. It encouraged banks to reduce their capital requirements by obtaining guarantees from insurers. This not only left the banks undercapitalised, it undermined the integrity of insurers such as AIG

  • Weak Asia enforcement keeps loans out of court

    18 Sep 2008

    Concern about the enforceability of finance commitments in some Asian jurisdictions is forcing counsel to renegotiate financings instead of going to court

  • Update: ECB clamps down on liquidity abuse

    05 Sep 2008

    As IFLR reported earlier this week, the European Central Bank's liquidity scheme has become a dumping ground for unsellable assets. The ECB has unveiled major reforms to its system, but insists the scheme has worked well

  • Unsellable bonds structured to abuse ECB scheme

    04 Sep 2008

    The integrity of the European Central Bank's liquidity scheme is in doubt, with reports that commercially unviable bonds are being created to offload illiquid assets