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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (466513)3/26/2009 9:59:34 AM
From: Alighieri  Read Replies (2) | Respond to of 1576164
 
Do you refund the CDS holder his premiums?

Al



To: bentway who wrote (466513)3/26/2009 10:10:24 AM
From: Road Walker  Read Replies (1) | Respond to of 1576164
 
If the claimant can't produce the security, don't pay them. Their CDS was a bet.

It's still voiding a legal contract. And doing it not just in this country, but around the world. That's ex post facto law and, well, not sure it's constitutional or doable on an international basis.

I'm sure they would LOVE to do it, but...


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