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Donotunderstand

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Donotunderstand

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Re: Donotunderstand post# 616838

Thursday, 06/25/2020 12:11:57 PM

Thursday, June 25, 2020 12:11:57 PM

Post# of 798434
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Credit Default Swaps !!!!

(and to understand hedging - when there was a conference to settle out I think Lehman - there was 85B at stake ---- but the amount of cash that moved was about 5B ---- as the cross hedging took 90% of the activity off the table --- and AIG - alone - was always on the long side of every swap they entered
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