Investing

Today's Best Market Rumors (5/13/2010)

Updated throughout the day.

The NY Attorney General is probing the relationship between eight banks and ratings agencies. The financial firms include Goldman Sachs, Morgan Stanley, UBS, Citigroup, Credit Suisse, Deutsche Bank, Crédit Agricole and Merrill Lynch (NYT)

Federal prosecutors and regulators are looking into the CDO activities of four financial firms–J.P. Morgan Chase & Co., Citigroup Inc., Deutsche Bank AG and UBS AG (WSJ)

Prudential UK is likely to begin its $21 billion rights issue to fund its takeover of AIA (NYT)

“U.S. private-equity firm TPG Inc. is seeking to raise up to US$1.26 billion from selling 160 million shares in Ping An Insurance (Group) Co. of China” (WSJ)

Amazon.com Inc. (NASDAQ: AMZN) may buy NetFlix Inc (NASDAQ: NFLX) (Barron’s)

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