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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (20837)	6/13/2009 7:01:09 PM
From: RockyBalboa	Respond to of 71442

No joke, I´m chuckling whenever I read about it...usually it is the other way round - the (derivative) tail wags the dog. I am wondering why that hasn´t happened more often as various company debt papers have been used as reference assets in massive deals...it should have been easy to feed a company and wait for the insurance premium to evaporate. (well I guess, in many cases the problems were too big and the amount of sold insurance, through CDS still relatively small).