Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Pogeu Mahone who wrote (185825)	2/24/2009 7:40:34 AM
From: butschi2	Respond to of 306849

How many trillions of $ is GE`s CDS exposure? BAC and C numbers? The nominal net numbers of CDS exposure are nearly Zero for the big banks. They even have somehow more CDS bought than sold.(Goldman1? ) But problems (or big gains) may come from an uneven distribution of CDS over different underlyings and countparty risk should be considered although. ASFAIK AIG is the biggest net seller of CDS. Because of no investment bank doing CDS big time for trading, GE should although be a net seller of CDS as other mortgage and debt insurers. More and more companies and perhaps even countries will hit the wall and CDS events created. GM could be a real big CDS event.