SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito Ergo Sum who wrote (12478)7/13/2009 2:26:40 PM
From: The Ox1 Recommendation  Read Replies (3) of 33421
 
There needs to be some lines drawn that "the street" doesn't want to see. Why should people or entities--who don't have any relationship to the underlying equity--be able to buy/sell CDSs? Why should insurance be issued to those who are only gambling, who are NOT offsetting risk?

Even Little Timmy G stood before Congress and stated that they should not outlaw "naked" CDS buying/selling. For what purpose would he do this other then to shill for "the street"? There are enough areas available to those who want to gamble, imo. They do not need to be part of "naked CDS buying and selling".

jmo

TO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News