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<title> SecondMarket</title>
<link>http://www.secondmarket.com</link>
<description>With 3,000 members managing over $1 trillion in investable assets, SecondMarket brings together buyers and sellers in the largest marketplace for illiquid assets. SecondMarket's members include global financial institutions, hedge funds, private equity firms, mutual funds, and other institutional and accredited investors.</description>
<language>en-us</language>
<pubDate>Fri, 03 Sep 2010 14:32:47 -0500</pubDate>
<lastBuildDate>Fri, 03 Sep 2010 14:32:47 -0500</lastBuildDate>
<copyright>Copyright 2010, SecondMarket</copyright>
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<title><![CDATA[Regulator Issues Rules On Purchases Of Mortgages]]></title>
<link>http://www.secondmarket.com/articles/regulator-issues-rules-on-purchases-of-mortgages.html</link>
<pubDate>Fri, 03 Sep 2010 00:00:00 -0500</pubDate>
<description><![CDATA[
    Fannie Mae and Freddie Mac issued final rules that will bar the mortgage-finance giants from purchasing mortgage-backed securities to meet affordable-housing goals
    The revamp proposed  by the FHFA aims to give the companies greater flexibility in satisfying government mandates to serve low-income homeowners without taking on additional risks
    Additionally, the FHA said that the companies can no longer receive affordable-housing credit by purchasing securities backed by commercial...]]></description>
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<title><![CDATA[EverFi Raises $11 Million For Financial Literacy Education Application]]></title>
<link>http://www.secondmarket.com/articles/everfi-raises-11-million-for-financial-literacy-education-application.html</link>
<pubDate>Fri, 03 Sep 2010 00:00:00 -0500</pubDate>
<description><![CDATA[
    EverFi, a DC based creator of a SaaS application that provides education to young adults about financial responsibilities, has announced a Series A round of financing from NEA, TomorrowVentures and other independent investors
    The company raised $11 Million in this round and plans to use the money for new product development and additional employees
    The company states that 2,000 schools in 47 states are using EverFi, with an expectation to double that in 2011
    &nbsp;
]]></description>
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<title><![CDATA[Colonial Bank Parent Wins Bankruptcy Fight With FDIC]]></title>
<link>http://www.secondmarket.com/articles/colonial-bank-parent-wins-bankruptcy-fight-with-fdic.html</link>
<pubDate>Fri, 03 Sep 2010 00:00:00 -0500</pubDate>
<description><![CDATA[
    Colonial BancGroup Inc. won a major ruling on Tuesday when the judge overseeing the company&rsquo;s bankruptcy proceedings ruled that the Federal Deposit Insurance Corp.&rsquo;s $900 million claim was invalid
    Judge Williams ruled that Colonial was not responsible for maintaining capital levels at is failed bank subsidiary, Colonial Bank
    The decision will likely be closely watched by other bankrupt bank holding companies who are facing similar claims by the FDIC
    &nbsp;
]]></description>
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<title><![CDATA[BlackRock Announces Shareholder Approval of Closed-End Fund Liquidation]]></title>
<link>http://www.secondmarket.com/articles/blackrock-announces-shareholder-approval-of-closedend-fund-liquidation.html</link>
<pubDate>Fri, 03 Sep 2010 00:00:00 -0500</pubDate>
<description><![CDATA[
    BlackRock Advisors, LLC announced that shareholders of BlackRock California Investment Quality Municipal Trust, Inc.  have, at the Fund's yearly meeting of shareholders held today, approved a Plan of Liquidation and Dissolution (the &quot;Plan&quot;) for the Fund, as previously approved by the Fund's Board of Directors
    In agreement with the Plan, the Fund's investment adviser will begin the orderly liquidation of the Fund's assets, determine and pay, or set aside in cash or cash...]]></description>
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<title><![CDATA[Time to get the facts on the NY tech boom]]></title>
<link>http://www.secondmarket.com/press-article/time-to-get-the-facts-on-the-ny-tech-boom.html</link>
<pubDate>Fri, 03 Sep 2010 00:00:00 -0500</pubDate>
<description><![CDATA[On Wednesday the World Economic Forum named 31 companies from around the world to its 2011 group of technology pioneers. Three hail from New York City: social media company Foursquare, educational data mining company Knewton and online marketplace for illiquid assets Second Market.
It's an impressive showing and just another sign of the tech resurgence in New York City, which is evident with the growth of Internet Week, the exploding attendance at events sponsored by Meetup, and the constant...]]></description>
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<title><![CDATA[World Economic Forum's Technology Pioneers Of 2011: See The 31 Most Innovative Start-Ups]]></title>
<link>http://www.secondmarket.com/http://www.huffingtonpost.com/2010/09/02/technology-pioneers-2011_n_703972.html#s134024</link>
<pubDate>Fri, 03 Sep 2010 01:00:00 -0500</pubDate>
<description><![CDATA[]]></description>
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<title><![CDATA[Foursquare, Scribd, And Spotify To Be Dubbed 2011 Technology Pioneers At Davos]]></title>
<link>http://www.secondmarket.com/press-article/foursquare-scribd-and-spotify-to-be-dubbed-2011-technology-pioneers-at-davos.html</link>
<pubDate>Wed, 01 Sep 2010 01:00:00 -0500</pubDate>
<description><![CDATA[The World Economic Forum has announced its list of 31 Technology Pioneers for 2011. The Technology Pioneers are its list of up-and-coming startups. Last year&rsquo;s list included Twitter, Playfish, and Boston Power. The year before, Mint, Etsy, and Brightcove were named.
Joining the pantheon this year are foursquare, Knewton, Layar, Scribd, and Spotify. However, greentech is equally strong on the list, particularly with smartgrid companies such as OPower and Tendril. Below is the full list of...]]></description>
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<title><![CDATA[Regent Files Bankruptcy to Give Lenders Radio Company]]></title>
<link>http://www.secondmarket.com/articles/regent-files-bankruptcy-to-give-lenders-radio-company.html</link>
<pubDate>Wed, 03 Mar 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    Regent Communications, the owner and operator of 62 radio stations in 13 markets, has filed for bankruptcy with about $211 million in debt
    The company plans to eliminate $87 million through a debt for equity conversion that would will give control of the company to its creditors
    Under the current plan Oaktree Capital Management will become the majority owner of Regent once it exits bankruptcy
    &nbsp;
]]></description>
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<title><![CDATA[Issuance Active; Treasurys Rally on FOMC]]></title>
<link>http://www.secondmarket.com/articles/issuance-active-treasurys-rally-on-fomc.html</link>
<pubDate>Thu, 02 Sep 2010 00:00:00 -0500</pubDate>
<description><![CDATA[
    Ally Auto offered a $1.09 billion asset-backed bond Tuesday, according to a person familiar with the matter
    The bond is scheduled to price later this week
    Four tranches of the bond are offered via the public market while the lowest two tranches are offered via the private Rule 144a market
    &nbsp;
]]></description>
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<title><![CDATA[S&amp;P Downgrades $5.64 Billion Of CDOs On Worsening Credit]]></title>
<link>http://www.secondmarket.com/articles/sp-downgrades-564-billion-of-cdos-on-worsening-credit.html</link>
<pubDate>Wed, 01 Sep 2010 00:00:00 -0500</pubDate>
<description><![CDATA[
    Standard &amp; Poor's Ratings Services downgraded $5.64 billion in collateralized debt obligations because of deteriorating credit and recent downgrades on subprime residential mortgage-backed securities
    S&amp;P has lowered its ratings on hundreds of billions of dollars' worth of CDOs and RMBSs as the loans in them continue to sour
    Last month, S&amp;P warned of severe declines in credit and increases in defaults in the pools underlying trust-preferred CDOs.
]]></description>
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