Submit a Story!

Credit Default Swap RSS

Add as Favorite
Select time frame: Now | Week | Month
Greece and Dubai show system remains unstable
ft.com — A watershed in the derivatives world could be reached this week: the cost of insuring against a... bond default by Greece, using credit derivatives, may rise above the comparable metric for Turkey for the first time. Just two short years ago, that would ... (more) Greece and Dubai show system remains unstable
Greece and Dubai show system remains unstable
ft.com — A watershed in the derivatives world could be reached this week: the cost of insuring against a... bond default by Greece, using credit derivatives, may rise above the comparable metric for Turkey for the first time. Just two short years ago, that would ... (more) Greece and Dubai show system remains unstable
The AIG-Maiden Lane III Controversy
baselinescenario.com — As everyone knows by now, Neil Barofsky, special inspector general for TARP, has a new report out... on the decision by the Federal Reserve Bank of New York last Fall to make various AIG counterparties (primarily some very big banks with names you know) whole on the the CDS protection they had ... (more) The AIG-Maiden Lane III Controversy
Einhorn: First, Let’s Kill All the Credit Default Swaps
nakedcapitalism.com — David Einhorn, who enjoys his considerable reputation for hard-fought battles against firms with shaky finances and dubious... accounting (Alliance Capital and Lehman), has taken aim at a new and equally deserving target: credit default swaps. In an ... (more) Einhorn: First, Let’s Kill All the Credit Default Swaps
Deal With It, Mr. Einhorn
informationarbitrage.com — David Einhorn is without question an exceptionally bright man and a very astute investor. However, the latest... message being delivered from his bully pulpit, proposing a ban on credit default swaps (CDS), is misguided at best and dangerous at worst. ... (more) Deal With It, Mr. Einhorn
Abstract Thoughts on CDS and the Fallacy of Insuring Your Neighbor's House
fridayinvegas.blogspot.com — warning: this post will require you to be able to intelligently ponder philosophical concepts and theories, and... perhaps try to forget some assumptions you may already have.   I failed in my attempt to explain the concepts below in a comment ... (more) Abstract Thoughts on CDS and the Fallacy of Insuring ...
Are Credit Defaults Swaps the Tool of the Devil?
paul.kedrosky.com — Lots of people staking out positions against David Einhorn’s FT-reported anti-CDS musings in his latest investor letter.... I agree with David in many ways – and the writing is fun – but I don’t accept all of David’s reasons (although I agree the ... (more) Are Credit Defaults Swaps the Tool of the Devil?