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The broadband investigation began as an examination of a transaction known as Grayhawk.
The transaction, known as retrocession, means that Swiss Re has transferred the business to another reinsurer — Berkshire Hathaway.
The transaction, known as a prepaid forward contract, gave Mr. Landes 82percentt of the stock value immediately.
The transaction, known as a variable prepaid forward, minimizes potential losses for shareholders and gives them access to cash.
To synthesise it, the ETF provider usually enters into a transaction known as a total return swap with a bank.
Investors harmed in the JPMorgan transaction, known as Squared CDO 2007-I, will receive all of their money back, according to the S.E.C., a total of $125.87 million.
Similar(25)
Goldman Sachs is said to have made as much as $500m from the transactions known as "swaps".
They were used mostly for accounting or other transactions, known as "structured information".
MF Global financed these purchases through complex transactions known as repurchase agreements.
Lehman used the British division of accounting giant Ernst & Young to review the transactions, known as Repo 105.
Enter the banks, with transactions known as prepays, which investigators said were nothing more than loans disguised as commodities transactions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com