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米財務長官、住宅取得マインド改善策にカバードボンド
Paulson Touts Covered Bonds As Way to Boost Homebuying (WSJ.com)
WASHINGTON -- The U.S. Treasury Department is continuing to consider ways to resuscitate weak homebuying activity, Treasury Secretary Henry Paulson said Tuesday, highlighting the potential of covered bonds as a "promising" solution.
Speaking at a mortgage lending forum in Virginia, Mr. Paulson said he is working with the Federal Deposit Insurance Corp., the Federal Reserve and other federal ...
covered bond: カバードボンド、資産担保証券の一種
to resuscitate: ～を回復させる
米FRB、不明朗な住宅ローンを規制へ 資金供給制度の延長を検討
Fed to curb shady home-lending practices (LATimes.com)
WASHINGTON -- The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures to record highs.
Fed Chairman Ben Bernanke spoke of the much-awaited rules in a broader speech today about the challenges confronting policymakers in trying to stabilize a shaky U.S. financial system. To that end, Bernanke said the Fed may give squeezed Wall Street firms more time to tap the central bank's emergency loan program.
To prevent a repeat of the current mortgage mess, Bernanke said the Fed will adopt rules cracking down on a range of shady lending practices that has burned many of the nation's riskiest "subprime" borrowers -- those with spotty credit or low incomes -- who were hardest hit by the housing and credit debacles.
to issue a new rule: 新ルールを採用する
to crack down on: ～を厳しく取り締まる
米SEC、格付け大手３社の問題点を指摘
SEC Report Details Problems At Top Three Rating Firms (WSJ.com)
WASHINGTON -- U.S. securities regulators found numerous problems at the nation's largest credit rating firms, including a struggle to keep pace with an explosion of securities tied to risky "subprime" home mortgages, according to a report released Tuesday.
Rating-firm analysts sometimes raised issues that didn't get resolved, and rating firms sometimes failed to disclose or document their processes in rating increasingly complex asset-backed securities, the Securities and Exchange Commission report found.
The SEC's ...
Securities and Exchange Commission: SEC（の）、証券取引委員会
to detail: ～の詳細を述べる
米オバマ氏、個人破産者の保護を訴える 破産法改正
Obama Proposes Changes In Bankruptcy Laws (WSJ.com)
POWDER SPRINGS, Ga. -- Continuing on the economic theme this week, Barack Obama filled out his policy stance on personal bankruptcies, saying he would make it easier for homeowners devastated by illness or other such hardships to keep their houses during periods of insolvency.
The expected Democratic nominee said people wiped out by massive medical payments, military disaster victims, members on extended leave and elderly homeowners would all benefit from the policy, which would waive onerous bureaucratic steps required to file for personal bankruptcy and establish a financial floor to allow such people to retain their home equity.
In doing ...
bankruptcy law: 破産法
to devastate: ～を苦しめる
insolvency: 支払不能
米GM、ブランドの切り売りはせず
GM Sales Chief Says No Plans to Ax More Brands (WSJ.com)
DETROIT -- General Motors Corp.'s sales chief Mark LaNeve, responding to growing dealer concern, said the auto maker has no plans to ax any more brands from its portfolio.
"We engage you, our dealers, in this process of improving our business...that is the extent of the "examination" that is going on at this time for Saturn or any other GM brand," Mr. LaNeve said in the letter obtained by Dow Jones Newswires. "There is no breaking news here."
In particular, Mr. LaNeve defends the Saturn lineup, mentioned in the Journal article (a Wall Street Journal report Monday) as "under examination" along with the GM's Buick, Pontiac, GMC and Saab brands.
to ax: ～を切り離す
examination: 調査
米OFHEO、住宅金融公社の増資に繋がる会計基準を採用せず
Ofheo Chief Gives Reassuring Words On Capital Needs of Fannie, Freddie (WSJ.com)
ARLINGTON, Va. – The top regulator for Fannie Mae and Freddie Mac said Tuesday that future accounting rules would likely not lead regulators to demand that the huge mortgage-finance giants hold more capital, addressing fears that punished the stock prices of both firms on Monday.
"From our standpoint, an accounting change should not drive capital," Office of Federal Housing Enterprise Oversight director James ...
Office of Federal Housing Enterprise Oversight: OFHEO、連邦住宅公社監督局
米仮想化ソフト制作VMウエア、業績予想を下方修正 CEOが辞任
VMware CEO Steps Down As Company Lowers Outlook (WSJ.com)
VMware Inc. said President and Chief Executive Diane Greene has resigned, effective immediately, and the company lowered its revenue forecast. Shares of the business software maker plunged.
Ms. Greene will be replaced by Microsoft Corp. veteran Paul Maritz, who retired from the software giant in 2000 after 14 years there.
In 2003, Mr. Maritz founded software startup Pi Corp., which creates products to help organize the flow of digital information. The company was acquired by data-storage giant EMC Corp. in February, and Mr. Maritz was ...
to step down: 辞任する
to resign: 辞任する
米電気自動車テスラ、クライスラー元役員を迎える 自動車市場に殴り込み
Tesla Hires Chrysler Executive To Beef Up Its Profile (WSJ.com)
Tesla Motors said Tuesday it has hired former Chrysler executive Mike Donoughe as its executive vice president of vehicle engineering and manufacturing.
The move is designed to help the California-based electric-car maker take the next step in becoming a serious contender in the auto industry.
Darryl Siry, a marketing executive with the company, said Tesla will rely on Mr. Donoughe's expertise as it readies a $60,000 electric sedan -- dubbed Model S -- for a late 2010 debut. Tesla started building $109,000 electric roadsters earlier this year, and hopes to significantly ramp up production of those models in coming months to meet relatively brisk demand.
to beef up: ～を強化する
serious contender in: ～の有力企業
relatively: 比較的に
独シーメンス、人員削減計画１万６７５０人
Siemens to cut 16,750 jobs worldwide (FT.com)
Siemens on Tuesday announced plans to cut 16,750 jobs worldwide in the next two years to improve its competitiveness, sparking a row with its powerful works council.
In a move that could presage an end to traditionally cosy relations between trade unions and managers in Germany, Siemens said it was looking for cuts mainly in administrative jobs.
to spark a row with: ～とひと騒動を起す
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