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rich ruscio

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rich ruscio

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Re: ajtj99 post# 143651

Wednesday, 04/01/2009 9:00:51 AM

Wednesday, April 01, 2009 9:00:51 AM

Post# of 148479
Speaking of bankrupt big time players ... from Bloomberg ...

Credit-default swaps on GM bonds rose for a second day on concerns the automaker would be forced into court protection.

... Anyone know who's holding the 'insurance side' and the 'pay me if it sinks side' of these CDS'?

My bets are on AIG and Pimco.
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