Lee Lum, 36, had pleaded guilty to wire fraud. Lee Lum was a partner in the New Jersey leasing company, which would obtain loans for its clients through a financing firm, prosecutors said. From October 2011 through May 2012, Lee Lum forged clients' signatures on loan documents and submitted them to the financing company.» Read More
Global junk bond issuance hit an all-time high in 2013, led by a surge in Europe, as corporates sought to take advantage of cheap borrowing costs.
Kumar Palghat, Managing Director of Kapstream Capital tells CNBC why corporate debts are a good bet right now.
Jing Ulrich, MD & Vice Chairman of Asia Pacific at JPMorgan Chase says China's leadership is likely to announce reform measures at its upcoming Third Plenum in November.
CNBC's Steve Liesman says Fidelity has gotten rid of all its U.S. debt due in late October and early November.
You have to have a lot of confidence in what you are doing and believe in your analysis over the long term, said Marc Lasry, Avenue Capital chairman & CEO, discussing the difficulty in going against market sentiment and buying distressed assets during the financial crisis.
Marc Lasry, Avenue Capital chairman & CEO, explains how his company managed to make billions of dollars for investors through the financial crisis.
Verizon Communications priced a massive bond sale on Wednesday, offering $49 billion worth of debt.
Apostolos Bantis, credit analyst at Commerzbank, tells CNBC that tapering will cause some supply risk but will affect emerging market corporate debt more than western markets.
Apostolos Bantis, credit analyst at Commerzbank, comments on the emerging markets corporate debt correction, and says valuations are still appealing.
Debt issuance in the once sizzling junk bond market plummeted in June as volatility in U.S. Treasury yields and a souring of risk appetite deters corporates from raising capital.
Simon Ballard, senior credit strategist at the National Australia Bank, comments on how Bernanke's speech prompted a "180 degrees" swing in the credit market and why a correction is near.
China is forecast to surpass the U.S. as the world's largest corporate debt market for non-financial companies in the next two years. The Financial Times reports.
Verizon Wireless said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June.
Colin Ellis, senior vice president at Moody's Investors Service, thinks there is no bubble in corporate credit, despite low yields and high prices.
U.S. Treasurys were firm on Monday as investors focused on a heavy calendar of central bank meetings and highly anticipated jobs data scheduled for later this week.
Benchmark U.S. Treasurys prices extended last weeks' rally as investors snapped up safe-haven government bonds on fears that growth in the U.S. economy is slowing.
Chris Pucillo, Solus CEO & CIO, explains how his hedge fund is profiting from distressed debt.
David Etheridge, Senior VP & Head of Capital Markets Group at NYSE Euronext explains how the low interest rate environment has created greater financing opportunities for companies.
How do you make money in these markets? Here is what some of the experts on CNBC have been telling us this morning.
Dan Scott, head of event driven research at Credit Suisse, outlines why he prefers short-term corporate debt and equities that are exposed to the U.S or emerging markets, over government bonds and cash.