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To: Bill who wrote (296751)3/17/2009 9:17:14 AM
From: carranza2  Read Replies (1) | Respond to of 793955
 
There has been some reduction of notional value through voluntary netting among the parties but it doesn't amount to much.

Information on CDS is not easy to get. We can thank Phil Gramm, 'retired' senator and current vice-chairman of UBS, for that.



To: Bill who wrote (296751)3/17/2009 9:25:51 AM
From: carranza21 Recommendation  Read Replies (3) | Respond to of 793955
 
The AIG bailout was engineered by Paulson, an ex-Goldman CEO.

Who gets the biggest chunk of tapayer funded AIG money?

Clue: it isn't widows and orphans. It is, you guessed it, Goldman.

Coincidence? Perhaps.

It surely doesn't pass my smell test for in matters of this enormous import, there are never coincidences only plans.


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