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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (82254)10/21/2008 9:30:53 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Don't you think it's already in the market by now?

GZ



To: Real Man who wrote (82254)10/21/2008 12:26:53 PM
From: TFF  Respond to of 94695
 
The Euro and the Pound fell to their lowest levels in over a week as the appetite for dollars was fueled by today’s deadline for settlement of Lehman Brothers CDS’s. Rumors are that banks and other sellers are hoarding cash to payout a estimated 91% loss on the investments.



To: Real Man who wrote (82254)10/21/2008 2:46:43 PM
From: Paul Kern  Respond to of 94695
 
They have to pay 92% today, and there is WAMU auction
this Thursday.


Does any one here know at what time these CDSs have to be settled and paid?

9 am?

Noon?

4 pm??

11:59 pm ??