Top Interest Rate Headlines 01-24-12: CME Group Talks Interest Rate Highlights From 2011

[Video] CME Group's global head of interest rate products talks about highlights from 2011 http://t.co/zMGhrZGK

Corzine Is Sued Under Racketeering Law by MF Global’s Commodity Customers
By Linda Sandler - Bloomberg
Jon Corzine, MF Global Holdings Ltd.’s former chief executive officer, was sued under U.S. racketeering law by commodity customers alleging he and other executives “unlawfully” took money from their accounts and failed to segregate their money as the law requires.
http://jlne.ws/x9pXRG

Super-Rich Play Snow Polo as Igloo Agitators Heckle Davos Elite
BusinessWeek
Europe's rich and famous faced tough decisions as they assembled at a chic Swiss ski resort this weekend: whether to drink Taittinger or whisky-infused hot chocolate, and which piglet to back in the afternoon race.
http://jlne.ws/A7gnGH

EU's Barnier says will stick to bank capital plan
Reuters via Yahoo! News
LONDON (Reuters) - Michel Barnier, European Commissioner in charge of financial regulation, said on Monday that he would stick strictly to a timetable already agreed for implementing stricter Basel III bank capital requirements.
http://jlne.ws/wE5rNj

Bold thoughts needed to stem banker exodus
By Tom Braithwaite - Financial Times
Kenneth Griffin, the head of Citadel, has a pile of CVs equivalent to half the population of Pittsburgh. Some 150,000 potential recruits are in the hedge fund’s “talent database”, he revealed last week in a letter to investors.
http://jlne.ws/yP5bEL

European Parliament To Scrutinize Credit Rating Agencies' Work And Sovereign Debt Ratings
Press Release
http://jlne.ws/yrTXdC

Fannie, Freddie writedowns too costly: Regulator
Reuters
The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the two mortgage firms to write down loan principal would require more than $100 billion in fresh taxpayer funds.
http://jlne.ws/wJ6Dtq

Dealers frustrated by SG's refusal to clear CDS
By Christopher Whittall - IFR
LONDON, Jan 23 (IFR) - The refusal by Societe Generale to clear eligible credit default swaps through a central counterparty is frustrating some market participants.
http://jlne.ws/y52KJP

Pandit Pariah No More as U.S. Bankers Gain Ascendancy at Davos
Bloomberg
Citigroup Inc. (C) 's Vikram Pandit, leader of the U.S. bank that took the most government aid in the financial crisis and that has the worst stock performance over the past decade, is ready for a starring role at Davos.
http://jlne.ws/zdw4j1

JPMorgan Sued by John Hancock Over Mortgage Securities
Bloomberg
JPMorgan Chase & Co. was sued by Manulife Financial Corp.'s John Hancock Life Insurance unit, which accused the bank of fraud in connection with the sale of residential mortgage-backed securities.
http://jlne.ws/xvoljH