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Chapter 11: not the end of the story

With several major derivatives counterparties in or facing Chapter 11, an understanding of the legal ramifications of doing business with them is essential, say Mark Speiser and Sherri Venokur

First-class post

Stefano Calderano, head of retail products at BancoPosta, Poste Italiane’s financial services arm, has bankers throwing their balance sheets at his feet

RiskNews review

September’s leading stories from RiskNews. Breaking news on derivatives and risk management, see RiskNews – www.RiskNews.net

Job moves

QUOTE OF THE MONTH: - “We don’t have a problem with regulators telling us that we should tie our shoelaces, but we don’t want them to tell us how to do it” George Mathewson, chairman of the Royal Bank of Scotland, commenting on the rigidity of the Basel…

Pricing debate bedevils employee option accounting

US corporates are lining up to advertise their virtue by being the latest to account for their employee stock options as an expense. But with no consensus on how to price these instruments, will it bring more clarity or confusion?

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