Lack of market


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Posted by Winslow R. (71.138.255.94) on 10:49:21 10/27/07

Bonds' Pricing Is Questioned In Email Trail

In a series of emails to senior bank executives, a former Royal Bank of Canada trader alleged that some of his colleagues intentionally "mismarked," or improperly valued, plain-vanilla government agency and corporate bonds in a bid to boost profits at the firm's New York-based investment-banking unit.

http://online.wsj.com/article/SB119336404368572503.html?mod=hps_us_whats_news



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