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January 2, 2013
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  • European corporate-credit markets rebounded in 2012
    The European Central Bank's unyielding stand behind the euro and open spigots on funding lifted 2012's corporate-credit markets to their best year since 2009. Prices of credit default swaps on 50 companies, most of which had high-yield credit ratings, declined. Bloomberg (12/31) LinkedInFacebookTwitterEmail this Story
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  • Commentary: More white-collar crime is likely
    The proliferation of opportunities in the financial system means it's only a matter of time before another white-collar scandal captures public attention, writes Peter Henning, a professor at Wayne State University Law School. "As the new year comes, white-collar cases will continue to serve up new object lessons of the perils and the pitfalls of the financial system," Henning writes. "Some will come as a result of creative maneuverings by financiers, and some may call into question whether regulators are effectively overseeing the markets." The New York Times (tiered subscription model)/DealBook blog (12/31) LinkedInFacebookTwitterEmail this Story
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There is no delight in owning anything unshared."
--Seneca the Younger,
Roman philosopher and playwright


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