CDO

With the Greek situation exacerbating in severity, investors are running for the safe-haven of the U.S. dollar. The U.S. dollar index rose roughly 0.20% on Thursday, approaching $76. Nearly all currencies declined against the dollar, as investors fearing a default by Greece may have shifted their...

"Fabulous Fab" Fabrice Tourre, the Goldman Sachs (NYSE: GS) executive director who is being sued by the Securities and Exchange Commission for fraud, said the claims are false and that he relied on Goldman's legal and compliance department according to a report from Bloomberg. In a filing...

Shares of Morgan Stanley (NYSE: MS) are falling in the pre-market by 5.14% to $26.92 after federal prosecutors were said to have been investigating whether MS misled investors about mortgage-derivatives deals it helped design and sometimes “bet against.” Washington seems to be upping its scrutiny...