Such Changes Would Bring MBS Closer to Corporate Bond Market --Kroszner
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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
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Chrysler "More" Than Happy to Provide Assurances Taxpayers Will Get Money Back
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Citadel down 47% YTD - WSJ
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Nomura Holdings to Acquire Global Agency Broker Instinet

Nomura Holdings, Inc. has announced that it has signed an agreement to purchase global agency-broker Instinet Inc., a provider of electronic trading services for institutional investors. Nomura Holdings will, through a subsidiary, acquire a 100% stake in Instinet, in an all-cash transaction, from majority owner Silver Lake Partners, a leading private equity firm focused on technology and related industries, and Instinet?s current management team.

Along with the ongoing movement towards the unbundling of execution and research, both electronic and algorithmic trading have seen rapid expansion due to advances in information technology, and many clients now require sophisticated trading technologies and execution service capabilities.

With the acquisition of Instinet, Nomura Group will add advanced execution technologies to its high-quality research offering, and position itself to provide hedge funds, pension funds, and other institutional investors with even higher value-added trading technologies and order execution services. In addition, Nomura will add Instinet?s global agency brokerage business with approximately 1,500 clients worldwide and a presence in all major financial markets.

The acquisition of Instinet will bring about synergy and allow Nomura Group to secure a leading position in this growing market, as Nomura Group will be able to match its strong client base with Instinet?s advanced trading platforms and products, especially in Asia and Europe, where continued rapid growth in electronic trading is anticipated.

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