Satyajit Das's Blog - Fear & Loathing in Financial Products Tue 2009-06-16 00:00 EDT

Satyajit Das's Blog - Fear & Loathing in Financial Products: Credit Default Swaps -- Through The Looking Glass

Satyajit Das's Blog - Fear & Loathing in Financial Products: Credit Default Swaps - Through The Looking Glass; ``The specter of banks, some of whom have needed capital injections and liquidity support from governments to ensure their own survival, offering to insure other market participants against the risk of default of sovereign government (sometimes their own) is surreal.'' ``much of what passed for financial innovation was specifically designed to conceal risk, obfuscate investors and reduce transparency''

Credit Default Swap; fears; financial products; loath; Looking Glass; Satyajit Das's Blog.

Mon 2008-11-03 00:00 EST

Guest Commentary

The Credit Crisis Endgame, by Paul Amery (PrudentBear); ``the cost of insuring against a US government default has risen by 25 times in little over a year''; ``Signs of strain in the US Treasury market are already there...poor bid-to-cover ratios, and long tails''; Reinhart, Rogoff "Forgotten History of Domestic Debt"

guest commentary.

Tue 2008-10-07 00:00 EDT

Mish's Global Economic Trend Analysis: Major Insurance Company On Verge Of Bankruptcy: Senator Reid

bankruptcy; major insurance companies; Mish's Global Economic Trend Analysis; Senator Reid; verge.

Mon 2008-08-04 00:00 EDT

London Banker: What's up with the covered bond push?

"Whenever Henry Paulson at Treasury, Ben Bernanke at the Fed and Shiela Bair at FDIC agree on anything, American taxpayers should check for their wallets...When the troubled bank nonetheless fails, our golden circle creditors get the good collateral in an expedited release from FDIC under its new policy statement. The FDIC is left with all the toxic waste assets and liability for depositor insurance claims, with no prospect of recovery"

covered bond push; London Banker; s.

Sat 2008-07-19 00:00 EDT

Why No Outrage? - WSJ.com

Why No Outrage? by James Grant - WSJ.com; "Wall Street's damaging recklessness has been met with near-silence, from a too-tolerant populace"; "the old populists actually won...paper money, federally insured bank deposits and a heavy governmental hand in the distribution of credit"

com; Outrage; WSJ.

Fri 2008-07-04 00:00 EDT

Calculated Risk: Senator Schumer Concerned about IndyMac

"anyone with more than the FDIC insured limit deposited with IndyMac has had ample warning"

Calculated Risk; IndyMac; Senator Schumer Concerned.

Mon 2008-06-23 00:00 EDT

naked capitalism: Bond Insurers Seeking to Exit $125 Billion of Credit Default Swaps

125; bond insurer seeks; Credit Default Swap; exit; naked capitalism.

Thu 2008-06-12 00:00 EDT

naked capitalism: Monoline Death Watch: MBIA Continues to Put Executives First, Refuses to Downstream Cash to Insurance Sub

Downstreams Cash; insurance subs; MBIA Continues; Monoline Death Watch; naked capitalism; Put Executives; refusing.

Tue 2008-06-10 00:00 EDT

Calculated Risk: Whitney: More Write-Downs coming from Bond Insurer Downgrades

Bond insurer downgrades; Calculated Risk; WHITNEY; write-downs coming.

Wed 2008-06-04 00:00 EDT

The Yellow Brick Road > How to price ABX.HE credit default swaps

The Yellow Brick Road > How to price ABX.HE credit default swaps; shady banks using CDS insurance deals for cheap credit? "creditors are about to be duped twice"

Credit Default Swap; price ABX; Yellow-brick road.

Wed 2008-05-21 00:00 EDT

Calculated Risk: Cliff Diving: CIFG Guaranty's Bond Insurer Ratings

"From AAA to Junk in two months!"

Calculated Risk; CIFG Guaranty's Bond Insurer Ratings; cliff diving.

Thu 2008-01-31 00:00 EST

Goode Value Investing Blog >> Bill Ackman's Letter to Rating Agencies Regarding Bond Insurers

MBIA, Ambac

Bill Ackman s letters; bond insurer; Goode Value Investing Blog; Rating Agencies.

Thu 2007-12-20 00:00 EST

Mish's Global Economic Trend Analysis: Financial Day of Reckoning Approaches

S&P cuts bond insurer ACA cut to junk

financial Day; Mish's Global Economic Trend Analysis; Reckoning Approaches.

Wed 2007-11-28 00:00 EST

Money Matters: The Banks And CDO Insurers Suffer Losses

by Elaine Meinel Supkis; Chinese forcing rising yen caused July dislocations; carry trade debunked; "money, like sex, is best done in the dark"; "England pretended to be moral and upright while looting the world, enslaving Africans, stealing gold,..., patting themselves on the back when they finally stopped committing one crime or another."

bank; CDO Insurers Suffer Losses; money matters.

Fri 2007-11-09 00:00 EST

Money Matters: Bond Insurers Are Going Bankrupt Now

Ambac, MBIA; major banking collapse forseen, by Elaine Meinel Supkis

bond insurer; go bankrupt; money matters.

Thu 2007-11-01 00:00 EDT

blackagendareport.com

- The Handwriting is On the Wall: It's a Clinton-Obama Ticket in 08, by Bruce Dixon; "For Democratic and Republican wings of America's permanent ruling party, the all-important selection which precedes the election isn't about poll numbers, votes or the citizens that cast them. It's about winning the favor of military contractors, the banking and financial sectors and Big Oil. It's about reassuring insurance and pharmaceutical companies, cozying up to agribusiness, the cable and telecom monopolies, allaying the fears of chambers of commerce, and wooing Hollywood."

blackagendareport; com.