TOXIC ASSET INVESTMENT FUND NEWS

By 10qk. SWS Group Inc. ( SWS ) filed Quarterly Report for the period ended 2009-12-31. Read more » »

By 10qk. SWS Group Inc. ( SWS ) filed Quarterly Report for the period ended 2009-12-31. Read more » »

(Mark Gilbert, a Bloomberg News reporter, columnist and London bureau chief, has covered the global capital markets for almost two decades.

Feb. 9 (Bloomberg) — Since its inception, the derivatives market has echoed the fairground hawkers’ call to “scream if you want to go faster.” Among the new derivatives, collateralized-debt obligations (CDOs) were particularly hot.

## The IMF has reaffirmed its backing of the National Asset Management Agency, the body designed to purge the banks of billions in toxic developer loans.

UBS AG, the European bank with the biggest losses from the credit crisis, reported its first profit in more than a year, helped by a recovery at the investment bank and a lower charge tied to the company’s debt.

Feb. 9 (Bloomberg) — UBS AG , the European bank with the biggest losses from the credit crisis, reported its first profit in more than a year, helped by a recovery at the investment bank and a lower charge tied to the company’s debt.