Mon 2007-11-05 00:00 EST
Winter (Economic & Market) Watch >> Daisy Chains and Dead Men Walking; credit default swaps rate Merrill, Citgroup below investment grade; CDS debacle looming
daisy chain; Dead Men Walking; economic; Market; watch; winter.
Mon 2007-11-05 00:00 EST
Credit derivatives | At the risky end of finance | (CDS debacle looming)
Mon 2007-11-05 00:00 EST
Road to Ruin: Credit Bubble Bulletin, by Doug Noland; "subprime and the SIVs were peanuts in comparison to the CDO market. Well, the CDO marketplace is chump change compared to Credit Default Swaps and other over-the-counter (OTC) Credit derivatives that...have never been tested in a Credit or economic downturn"; CDS debacle looming
