Advice to CDS regulators for 2010 4 Jan 2010 Lawmakers and bankbashers have pinned blame for the financial crisis and in particular the collapse of AIG on credit default swaps. Changes to and tighter oversight of the $31 trillion market are needed. But action should address real, not imaginary, problems.
Chesapeake still dating after XTO’s marriage 4 Jan 2010 A month after XTO agreed to marry Exxon, rival gas outfit Chesapeake Energy is still playing the field of oil majors, most recently unveiling a tieup with Total. Such dalliances can have advantages, but they make Chesapeake less attractive as a permanent partner.