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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (69167)	8/31/2006 2:25:21 PM
From: YanivBA	Read Replies (1) \| Respond to of 110194

Insider Trading in Credit Derivatives papers.ssrn.com financialrounds.blogspot.com busmovie.typepad.com usmarket.seekingalpha.com I wonder if this little academic paper is going to unfold the same way backdating has. YanivBA.

To: Ramsey Su who wrote (69167)	9/5/2006 8:46:54 AM
From: YanivBA	Read Replies (1) \| Respond to of 110194

The risks of Ford’s equity tail wagging the credit dog By Tony Jackson ft.com Published: September 4 2006 17:33 These are grim times for the Ford Motor Company. Ever since announcing enormous losses six weeks ago, it has been issuing panic bulletins on a regular basis. The market reaction has been interesting: Ford’s shares, bonds and credit default swaps have all shot up. One or two commentators are uneasy about this. Let us grant, for the sake of argument, that the crisis justifies a one-third rise in the share price. Does it also justify a 20 per cent rise in Ford’s bonds, and a drop in its CDS spreads from 930 basis points to 640? Could it be that, as one US newsletter puts it, the equity tail is wagging the credit market dog? more.. (Can someone repost here?)