SI
SI
discoversearch

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (63985)5/30/2010 10:47:37 AM
From: Haim R. Branisteanu  Respond to of 217750
 
very true

And that plays right into the hands of the speculators in the CDS markets. They have every interest in seeing the underlying asset default. They don't want a debt restructuring or work-out. And since any rich party can apparently buy a "naked" CDS without being a holder of the underlying debt that naturally gives those CDS holders the advantage over the sovereign debt issuers (who have to deal with political consequences in raising cash to defend their debt issuances).



To: Hawkmoon who wrote (63985)5/31/2010 3:46:54 AM
From: elmatador  Read Replies (1) | Respond to of 217750
 
This is exactly what is happening. For this posting you get a Pig!



To: Hawkmoon who wrote (63985)5/31/2010 3:31:30 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 217750
 
Sad that the fix is simple (although tough) and so much better that putting lipstick on those pigs until we are all barbecued..


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News