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  • October 28, 2008 at 12:11 AM #294412
    patientrenter
    Participant

    [quote=kewp]
    As long as there is no bailout and the counter-parties that underwrote swaps they can’t afford to pay off are allowed to default on them, I’m fine with the situation. Let the hedgies eat their bogus contracts; hope they like them!

    Just no more bailing out bankrupt businesses. [/quote]

    Amen, kewp.

    October 28, 2008 at 12:19 AM #294013
    kewp
    Participant

    [quote=patientrenter]
    Amen, kewp.[/quote]

    Speaking of financial innovation, we really need a product that pays off if CDS’s default!

    A credit default swap default swap maybe?

    October 28, 2008 at 12:19 AM #294344
    kewp
    Participant

    [quote=patientrenter]
    Amen, kewp.[/quote]

    Speaking of financial innovation, we really need a product that pays off if CDS’s default!

    A credit default swap default swap maybe?

    October 28, 2008 at 12:19 AM #294368
    kewp
    Participant

    [quote=patientrenter]
    Amen, kewp.[/quote]

    Speaking of financial innovation, we really need a product that pays off if CDS’s default!

    A credit default swap default swap maybe?

    October 28, 2008 at 12:19 AM #294381
    kewp
    Participant

    [quote=patientrenter]
    Amen, kewp.[/quote]

    Speaking of financial innovation, we really need a product that pays off if CDS’s default!

    A credit default swap default swap maybe?

    October 28, 2008 at 12:19 AM #294418
    kewp
    Participant

    [quote=patientrenter]
    Amen, kewp.[/quote]

    Speaking of financial innovation, we really need a product that pays off if CDS’s default!

    A credit default swap default swap maybe?

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