Relevant:
- Mandelman U. Presents: There’s Credit Default Swaps & then there’s Credit Default Swaps
- JPM Admits CIO Group Consistently Mismarked Hundreds Of Billions In CDS In Effort To Artificially Boost Profits
- China: The US Is "Insolvent and Faces Bankruptcy"
- How to price ABX.HE credit default swaps
- Argentine Bonds Sink After Default; Swaps Holders Seek Ruling
2010-03-09 — prisonplanet.com
"It does make sense, of course, to price a US default in something other than dollars. The question that comes to mind though, is not the suggested method of payment, but the nature and quality of the counter-party who could stand reliably behind such a claim without it being a fraudulent contract by its very nature."
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