Large Loans Drive CMBS, CDO Delinquencies Higher

Yahoo Business News

• BP oil spill costs hit $8 billion as ends rig probe (Reuters)
  Reuters - BP Plc said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion as the oil giant prepared to release the findings of an internal probe into the causes of the disaster. […]
• Swedish bank Carnegie buys troubled competitor (AP)
  AP - Swedish investment bank Carnegie AB Friday said it will buy competitor HQ Bank AB, which had its banking license revoked by the financial watchdog last week. […]
• Corrected: Canada's Goldcorp to buy Andean for $3.4 billion (Reuters)
  Reuters - Canada's Goldcorp Inc agreed to buy gold miner Andean Resources Ltd for C$3.6 billion ($3.4 billion), trumping a competing offer from rival Eldorado Gold Corp . […]