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

To: bart13 who wrote (101570)	2/22/2009 6:44:39 PM
From: patron_anejo_por_favor	1 Recommendation Read Replies (2) \| Respond to of 110194

That would explain why LEH going under created such large dislocations (and why AIG would do the same had they failed).

To: bart13 who wrote (101570)	2/23/2009 12:49:21 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 110194

Bart, i understand the total size of the corporate bond market is $5 trillion. i also understand the total US mortgage market is $11 trillion. if CDSes are primarily on some bonds (many people who own bonds don't have these things so much of that $5 trillion isn't insured by those who own them) and mortgages (a lot of these aren't insured by the folks who own them), how can a small portion of the $55 +/- trillion be naked?

To: bart13 who wrote (101570)	2/23/2009 6:13:00 AM
From: LTK007	Read Replies (1) \| Respond to of 110194

A mere 5 trillion dollars. This shows how insane this has all gotten. We now think,o ONLY 5 trillion!:) Let's see 1 billion is 1,000 millions, or 1,000,000,000, so 5 trillion is a mere 5,000,000,000,000. So let's see that would be for 500,000,000 million people just 2 lousy bucks for each person, but at 5 trillion it would be 10,000 dollars each. Fact is money has become utterly meaningless. This figures we toss around are an exercise in a comical farce.