Auction irate securities - Going going gone - The auction rate security market has been virtually frozen over the past two months, but little detail has emerged as to why this has happened. With the instrument looking to be on its last legs, Risk reports on why the gavel may have fallen for the last time.

Inflation derivatives house of the year - Barclays Capital

Madigan, Peter, (2010)

Municipals - Misery for municipals - A year on from the collapse of the auction rate securities market, short-term variable-rate financing in the US remains scarce. In 2009, municipal issuers face surging costs and low interest rates most can't access.

Madigan, Peter, (2009)

Securitisation - The big clean-up - The US Treasury's Public-Private Investment Program aims to cleanse balance sheets of toxic assets and revive financial markets. But questions remain over who will participate, how assets will be priced and how big a dent the scheme will actually make on the amount of legacy securities still out there.

Madigan, Peter, (2009)