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Non-Tech : Derivatives: Darth Vader's Revenge

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To: axial who wrote (1276)3/7/2009 2:19:00 AM
From: Hawkmoon  Read Replies (2) of 2794
 
There are, of course, opposing views that claim that there is insufficient CDS notional value (illiquidity?)

zerohedge.blogspot.com

Would be curious for your views on the above article.

But I find myself siding with Soros on this, since the CDS markets represent a low-risk manner in which to short debt and create monetary destruction in a wholesale fashion, especially when there exists a lack of credible counter-parties to take the other side of that hedging activity:

ft.com

Hawk
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