Unanticipated consequences of Finance Bill provisions on securitisation

by Bindu Ananth and Kshama Fernandes

Over 2006-12, RBI and SEBI have created a strong and conducive regulatory environment for securitisation, listing of securitised debt instruments, and standards of transparency and reporting. Securitisation volumes have picked up and we recently witnessed the first listed transaction.

In October 2011, the income tax authorities issued a . . . → Read More: Unanticipated consequences of Finance Bill provisions on securitisation

Investment Firm to Fund First Commercial-Scale Solar Installation In VA

Virginia’s Landmark Solar Power Project to be Hosted on University Campus

Eastern Mennonite University (EMU) in Harrisonburg will soon be the site of Virginia’s first commercial-scale solar photovoltaic (PV) installation in the Commonwealth.

The new installation is part of a proposed revision to the campus master plan to allow for approximately 600 . . . → Read More: Investment Firm to Fund First Commercial-Scale Solar Installation In VA

Swiss Banking Laws Key To Rescuing Wall Street and Consumers?

In a recent move, Switzerland’s second largst bank, Credit Suisse, has agreed to buy back more than half a billion dollars in securities and a hefty fine of fifteeen million dollars. The settlement arose due to an investigation by New York’s Attorney Genera;, Andrew Cuomo. The agreement stipulates that Credit Suisse will buy back securities from “individuals, . . . → Read More: Swiss Banking Laws Key To Rescuing Wall Street and Consumers?

SEC Bans Short Selling of 79 Financial Stocks (In Defense of Speculators, Part II)

When the Federal Reserve fronted $80 billion to insurance giant AIG last week, most people were blinded by the staggering size of the bailout. Few people took time to consider the fact that the Fed—a pseudo-private banking cartel with the government-granted monopoly power to create money out of thin air—made this purchase/loan with no . . . → Read More: SEC Bans Short Selling of 79 Financial Stocks (In Defense of Speculators, Part II)

In Defense of Speculators, Part I: Options Traders

American politicians from all across the ideological spectrum are beginning to blame speculators for our collective woes.

John McCain and Barack Obama both blame speculators for high oil prices—never mind the fact that these traders are only reacting to the threat of U.S. aggression against Iran when they bid up the price of . . . → Read More: In Defense of Speculators, Part I: Options Traders