Friday, October 03, 2008 2:28:45 PM
This is a chart for settlement of derivatives.......
Defaulted paper of Lehman, Fannie, Freddie and W. Mutual...
The coming month is critical, and why the yes vote was needed.
------
There is a lot at stake," said an executive at one big dealer. "This is a crisis time, and if these auctions do not go well, or if the amounts investors and dealers have to pay is seen as not being fair, it could have further negative repercussions on the CDS market."
W
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
