Relevant:
- Mandelman U. Presents: There’s Credit Default Swaps & then there’s Credit Default Swaps
- Thoughts On Credit Default Swaps
- CDS Market: Did Fannie and Freddie Default ?
- Fannie, Freddie Debt Deferral May Not Trigger Swaps
- Derivatives Overseer Rules Greek Debt Swap a "Credit Event," Leading to CDS Payouts
2008-09-08 — blogspot.com
``Imagine betting on a default, getting it, and losing your ass. It seems to me that is what happened.'' -- I think this analysis leaves something to be desired, but there certainly are many questions remaining.
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