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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Brian Sullivan who wrote (87581)2/28/2012 6:09:56 PM
From: Brian Sullivan1 Recommendation  Respond to of 219937
 
ISDA Determinations Committee

Who ARE these guys?

EMEA

Voting Dealers
Bank of America / Merrill Lynch
Barclays
BNP Paribas
Credit Suisse
Deutsche Bank
Goldman Sachs
JPMorgan Chase Bank, N.A.
Morgan Stanley
Société Générale
UBS

Consultative Dealers
Citibank
The Royal Bank of Scotland

Voting Non-dealers
BlueMountain Capital (Second Term Non-dealer)
Citadel LLC(First Term Non-dealer)
D.E. Shaw Group (First Term Non-dealer)
Elliott Management Corporation (Third Term Non-dealer)
Pacific Investment Management Co., LLC (Second Term Non-dealer)

Does anyone know how to pronounce the word for, "Conflict of Interest," in European? Is it Ice-Dah, Iss-Dah, or maybe Iss-Day?




To: Brian Sullivan who wrote (87581)2/28/2012 7:33:35 PM
From: carranza2  Read Replies (3) | Respond to of 219937
 
The fix at the ISDA has been in for a very long time. No credit event will be found, I'll wager.

Why? Bank- busting liabilities.

It wouldn't surprise me if some dam fool bankster of Corzine's ilk had underwritten all kinds of synthetic stuff, insuring even the swaps themselves. With the abundant liquidity presently available, it is likely that some crazy risks were taken that don't net out at all.

We'll see.



To: Brian Sullivan who wrote (87581)2/28/2012 7:40:07 PM
From: Paxb2u  Read Replies (1) | Respond to of 219937
 
They have undoubtedly sold much more in face value insurance than the bonds are worth. So what do you do. Redefine the word "is". In this case the word default. Depending upon the amount of total insurance they sold, paying it could jeopardize the solvency of some banks---jmo--Peace