They are famous for being loaded with lots CDOs.... single name CDS.... personally I don't think so. But I could be wrong that point. In...
Your analogy with GSE is exactly right - except in this case it's synthetic issuances. It's the exact, corporate form of mortgage securitization...
I'm going to put aside the terminology issue. You are right that there are two sides. What you are missing is what pushed spreads to all time (and...
1) Did sarbox have an impact on the growing market? (postulation) No. The CDS market's initial growth predates serb-ox and is a consequence of...
That's still wrong. long contract == long risk because a long in CDS world means selling protection. This convention has been established since...
If you are long a contract (which means you sold protection and are long premium - meaning getting the income) and the contract went from 100bps...
Depends. On index, typical trades are 5MM+ though you won't get turned down for doing 1MM+ (it used to be that on some really super senior...
First - it's a bear market, not a bull market in CDS - spreads go up, prices go down, it's a bear (I trade CDS for an institution - and for the...
Inflation is one enemy of growth, not the only enemy of growth.
As someone from the perspective of those who have the infrastructure to capture those information - of course not. It's there - go find it. The...
Our analyst (I work for a large buy side institution) called by the CFO and asked. The CFO didn't answer, so he called up the banks and asked...
Thanks for that buddy. But if GAAP goes with cash accounting rather than accrual, the usual problems with mark to market and everything will look...
Are you sure that works for bloomberg? Bloomberg screens are pretty funky stuff - certainly not standard windows controls.
Urr..... LIBOR spread is 100bps over treasury now. Was around 80bps last week. Hardly doubled - and the spread is the important risk indicator,...
And just to respond to your points in parts, I don't think you know what GAAP is.
So what the hell do you want? Having the regulatory right to call up the CFO and have him answer any question you damn well please? There has...
Like to see you cite some (or any) evidence for this. Aspiring (by this I assume the poster means junior) traders tend not to have rights to...
"IMO" - what exactly qualifies your opinion? This set of changes has been in the works since 2003 and will not fully take place for another 5...
um... how about the actual rules themselves... for example, IFRS rules disallowed the pooling method of merger accounting before US rules. I'm not...
Where in the world is this coming from? Harmonizing to an international standards used by most of the 1st world countries means LESS choice for...
Separate names with a comma.