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nakedcapitalism.com - 5/3/2009
Is Liquidity Really Good for You?
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One of the arguments apparently being made in Washington by those who oppose regulation of credit default swaps is that it would reduce liquidity and that of course would be a terrible thing. My impression is that no one has endeavored to put metrics on this assertion (as in how and where ...
blogs.ft.com - 5/2/2009
Derivatives and attempted state capture in Kazakhstan
— blogs.ft.com — CDS in Kazakhstan A fascinating contribution by Gillian Tett in today’s Financial Times on the role of... CDS in the default of the largest Kazakh bank, BTA, raises a number of wider issues. Last week, BTA went into partial default when Morgan ... (more) Derivatives and attempted state capture in Kazakhstan

Comments vote down Moon of Alabama found this 5/2/2009found this
How big are the Eastern European losses?
VoxEU.org - 4/27/2009
How big are the Eastern European losses?
— VoxEU.org — Raphael Auer , Simon Wehrmüller , 20 April 2009 Western bank exposures in Eastern Europe are an... issue that is increasingly in policymakers’ sights. This column estimates the losses arising to the non-bank sector and government from foreign ... (more) How big are the Eastern European losses?

Comments vote down naked capitalism found this 4/27/2009found this
sec.gov - 5/5/2009
SEC Charges Hedge Fund Manager and Bond Salesman in First Insider Trading Case Involving Credit ...
— sec.gov — The Securities and Exchange Commission today charged Renato Negrin, a former portfolio manager at hedge fund investment... adviser Millennium Partners L.P., and Jon-Paul Rorech, a salesman at Deutsche Bank Securities Inc., with insider trading in credit ... (more) SEC Charges Hedge Fund Manager and Bond Salesman in ...

Comments vote down DealBook found this 5/5/2009found this

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Abnormal Returns:  Sunday links: opinions and hot hands

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Sunday links: opinions and hot hands
Abnormal Returns — ... Is too much liquidity actually counterproductive for markets?  (naked capitalism) ...

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