Such Changes Would Bring MBS Closer to Corporate Bond Market --Kroszner
::
Kroszner: Data Suggest Home Mortgage Debt Hasn't Risen at All Since Spring '08
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Kroszner: New Infrastructure for MBS Could Increase Transparency, Promote Indepndent Credit Analysis
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Data Suggest Near-Term Challenges for Housing Mkt Stabilization --Kroszner
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Kroszner: Investors Will Remain Skeptical of 2-Layer Securitized Products in Foreseeable Future
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Kroszner: MBS Securitization Contracts Should be More Homogenous, Cash Flow Structures Less Complex
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Securitization of MBS Still Worthy for Cost-Lowering Effects on Home Loans --FED's Kroszner
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Securitizations Should Involve Fewer, Larger MBS Tranches --Kroszner
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Correction: BOC Injects C$3bln in Term Repos
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Six Gunmen Shot By Indian Security at New Dehli Airport --BBC
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Of The Major Parties at Auto Hearing, Only UAW Has Done Something --Dodd
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BOC to Buy Back Up to C$500mln of Bonds on Wednesday
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Congresss Will Try Passing Auto Bailout Bill Before Leaving
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Senate Banking Committee Hearing On Auto Bailout Ends
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30yr Yield Drops to Record Low for 4th Day -- 3.0532%
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Stocks Off New Lows - S&Ps Down 4% at 833, Dow Down 3.5% at 8270
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'Not Persuaded' on Auto Bailout --Shelby on Bloomberg TV
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S&P Just Off Lows, Down 3.2% to 843
::
Chrysler "More" Than Happy to Provide Assurances Taxpayers Will Get Money Back
::
Citadel down 47% YTD - WSJ
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October 2nd, 2008 - LeveL ATS agrees to allow Penserra to provide its clients with direct access to LeveLs non-displayed crossing system.

PENSERRA SECURITIES AND LEVEL ATS SIGN SPONSORED ACCESS PACT

Whit Conary, President, LeveL: “We are committed to delivering a large and diversified pool of liquidity in a stableand cost effective environment. The addition of Penserra helps us achieve these goals.”

Penserra Securities and the LeveL ATS announce an agreement that allows Penserra to provide its clients with direct access to LeveL’s non-displayed crossing system.

The arrangement gives Penserra clients flexibility to source liquidity directly in LeveL if they so choose, or to continue relying on the firm’s accomplished, trusted single-stock and portfolio trading desks to reach LeveL and other venues. Because Penserra is a government-certified Minority Business Enterprise (MBE), the deal also provides a convenient way for institutions to fulfill their MBE targets without foregoing direct-access options.

“LeveL is one of the market’s biggest non-displayed pools of liquidity, so we’re very excited that our clients now have the ability to access it directly,” said George Madrigal, managing director and co-founder of Penserra, and a 13-year veteran of Barclays Global Investors, where he served as a portfolio manager and head of transition management.

“We are very pleased to have Penserra and their clients as participants in LeveL ATS,” said Whit Conary, President of LeveL. “We are committed to delivering a large and diversified pool of liquidity in a stableand cost effective environment. The addition of Penserra helps us achieve these goals.” click here to return to the top of the page

October 2nd, 2008 - LeveL ATS agrees to allow Penserra to provide its clients with direct access to LeveLs non-displayed crossing system.

PENSERRA SECURITIES AND LEVEL ATS SIGN SPONSORED ACCESS PACT

Whit Conary, President, LeveL: “We are committed to delivering a large and diversified pool of liquidity in a stableand cost effective environment. The addition of Penserra helps us achieve these goals.”

October 2nd, 2008 - LeveL ATS agrees to allow Penserra to provide its clients with direct access to LeveLs non-displayed crossing system.