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 (82277)10/21/2008 2:57:11 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Maybe we're witnessing the beginning of the new bull market...<g>

GZ



To: Real Man who wrote (82277)10/21/2008 3:03:21 PM
From: Cynic 2005  Read Replies (1) | Respond to of 94695
 
<<The concern is whether the paying side of the swap will be able to make their payments. Swap sellers are required to make up the difference on the price of the debt if a company goes bankrupt. Because the price of the Lehman debt was set at 8.625 cents, it means Some of the biggest players on Wall Street will now have to pay 91-cents-on-the-dollar for those contracts, if they can afford to.>>

cbsnews.com



To: Real Man who wrote (82277)10/21/2008 3:08:21 PM
From: Cynic 2005  Respond to of 94695
 
<<The concern is whether the paying side of the swap will be able to make their payments. Swap sellers are required to make up the difference on the price of the debt if a company goes bankrupt. Because the price of the Lehman debt was set at 8.625 cents, it means Some of the biggest players on Wall Street will now have to pay 91-cents-on-the-dollar for those contracts, if they can afford to.>>

cbsnews.com