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  1. What happens to unsecured bondholders when a financial institution goes bust? A good place to start is to look at the settlement price in CDS auctions. Fannie and Freddie settled in the high 90s: yes, there was a credit event, but from a bondholder perspective there were few if any losses.
    biz.yahoo.com
  2. Nov. 6 (Bloomberg) -- House Financial Services Committee Chairman Barney Frank said Federal Deposit Insurance Corp. Chairman Sheila Bair should play a prominent role in Barack Obama 's administration as the president-elect starts assembling his team ...
    www.bloomberg.com
  3. MOSCOW. Nov 11 (Interfax) - The cut-off rate at Tuesday's auction for five-week unsecured loans was 9.5%, equal to the minimum rate, the Central Bank said. Banks took up 58.12 billion rubles of a possible 100 billion rubles in loans.
    www.interfax.com
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