Papandreou Races Against Time to Cut Borrowing Costs as EU Splits on Aid Greek Prime Minister George
Papandreou is racing to secure an explicit pledge of European
aid and cut his country’s borrowing costs as 20 billion euros
($27 billion) of debt comes due in the next two months.
Lafarge Bonds Show Investors Dismiss Threat of Rating Downgrade to Junk Lafarge SA bond prices show
investors are convinced Chief Executive Officer Bruno Lafont
will win his quest to keep an investment-grade credit rating,
even as the world’s most indebted cement maker skirts junk
status.
Euro Set for Worst Week Since February Start on Greece Concerns; Yen Slips The euro is set for its biggest
weekly loss since the start of February as concern Greece will
fail to secure financial assistance from the European Union
damped demand for the currency.
Lehman Seeks $11 Billion From Barclays, Including $5 Billion `Windfall' Lehman Brothers Holdings Inc., the
investment bank liquidating in bankruptcy, said it was seeking a
total of $11 billion from Barclays Plc, including a $5 billion
“windfall” allegedly gained by the U.K. company when it bought
Lehman’s North American brokerage.
RBS Cuts Loans to Clean Energy Companies in Snub to Brown's Green Goals Royal Bank of Scotland Group Plc,
historically the biggest commercial lender for renewable energy
projects, has scaled back loans to the industry since the U.K.
government bailed out the company in 2008.
Betting Against Hedge Funds Smart Energy's Lang Aims to Repeat 83% Return The top-ranked investor in
renewable energy last year is betting hedge funds are wrong.