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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: carranza2 who wrote (85908)1/16/2012 1:14:57 AM
From: Riskmgmt  Read Replies (1) of 218453
 
Have you seen this?

golemxiv.co.uk

The author has a very interesting theory on why the new Bankruptcy laws were lobbied for by the finance industry.

Question for you lawyers out there. Is he correct in saying derivatives have priority over bond holders and clients funds in a bankruptcy? This is certainly a paradigm shift if so.
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