Sunday, October 12, 2008 11:08:06 PM
i've been fond of posting the CDS/derivatives images
the proliferation is scary BUT
how much of these heretofore unregulated derivatives positions are 'counterbalanced', cancelling, to a significant extent, each other out.
movement is afoot to bring some transparency to the CDS market
http://blogs.wsj.com/deals/2008/10/09/financials-got-you-down-cme-pitches-credit-default-swaps-the-safer-way/?mod=googlenews_wsj
i think we could get a big boost when we discover that not all these financial institutions are total greedy idiots that never counterbalanced their counterparty risk situation. Obviously some of the largest investment houses didn't handle their risk management very well. But they were at the center of the most lucrative and risky crappy collateralized obligations. it's pretty gloomy but i think there's cause for hope
lots of links here
http://www.creditwritedowns.com/
still think credit markets will stay largely locked until they are guaranteed a safety net for new loaning
the proliferation is scary BUT
how much of these heretofore unregulated derivatives positions are 'counterbalanced', cancelling, to a significant extent, each other out.
movement is afoot to bring some transparency to the CDS market
http://blogs.wsj.com/deals/2008/10/09/financials-got-you-down-cme-pitches-credit-default-swaps-the-safer-way/?mod=googlenews_wsj
i think we could get a big boost when we discover that not all these financial institutions are total greedy idiots that never counterbalanced their counterparty risk situation. Obviously some of the largest investment houses didn't handle their risk management very well. But they were at the center of the most lucrative and risky crappy collateralized obligations. it's pretty gloomy but i think there's cause for hope
lots of links here
http://www.creditwritedowns.com/
still think credit markets will stay largely locked until they are guaranteed a safety net for new loaning
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
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.
