The question is, whether XL’s termination of 7 Merrill CDS will accelerate the big derivative unwind by bringing the problem to light and triggering a run for the exits. http://business.smh.co… more →
Sidetalkshanadonohue wrote 1 year ago: “Paulson’s Monster”, as it’s being called, has now proposed the need for $700 billion of taxpayer do … more →
amyacheson wrote 1 year ago: The question is, whether XL’s termination of 7 Merrill CDS will accelerate the big derivative … more →
amyacheson wrote 1 year ago: Digested version: bankers ignorant, reckless. The Treasury committee of the Parliament has now iss … more →
amyacheson wrote 1 year ago: … more →
amyacheson wrote 1 year ago: Here is a copy of Bill Ackman’s latest letter on the monoline mess, dated January 30, 2008, t … more →
amyacheson wrote 1 year ago: This is a big issue, and Moody’s tried to explain. A municipal security apparently will then … more →
amyacheson wrote 1 year ago: We all know the monolines (bond insurers) are a huge mess. Although they insure massive amounts of … more →
Bob Morris wrote 1 year ago: Bond insurer ACA may have to be propped up by investment banks after being downgraded to S&P. … more →