Credit Default Swaps

Obama-Nomics Coming

Diane Francis | Posted 01.06.2009 | Business

Read More: Investment Banks, Global Reforms, Aig, Credit Default Swaps, Global Economy, President Obama, Wall Street, Lehman, Economy, Meltdown, Banks, Global Credit Crisis, Obama, Credit Crisis, Market Reforms, Obama's Economic Team, Business News
Diane Francis

Obama-nomics won't merely be the New Deal Part Two. It will have to be executed along with policies hammered out in partnership with the best minds and most enlightened leaders in the world.

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Defending and Fixing Wall Street, Part II Credit Default Swaps

Hale "Bonddad" Stewart | Posted 12.27.2008 | Business

Read More: Economy, Investment Advice, Investing, Stocks, Cds, Warren Buffett, Credit Default Swaps, Business News
Hale

In the first article of this series I discussed how to reform the mortgage underwriting market. This article will focus on credit default swaps, or CDS'.

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Save the Jeep; Save the Nation

Leo W. Gerard | Posted 12.07.2008 | Business

Read More: Citigroup, Washington Mutual, Gm, Economy, United Auto Workers, Sen. Harry Reed, Ford, Mitt Romney, Fannie Mae, Credit Default Swaps, Congress, Collateralized Debt Obligations, Big Three, Aig, Chrysler, Freddie Mac, Wall Street, Lehman Brothers, New York Museum of Modern Art, Jeep, Uaw, World War II, Capitol, Senate Majority Leader, Willys-Overland, Detroit Bailout, Automakers, Bailout, Automaker Bailout, The Big 3, Detroit Bailout Reaction, Detroit, Big Three Automakers, Detroit Three, Detroit Automakers, Cars, Chysler, Auto Industry, Business News
Leo W. Gerard

Congress cannot let the Jeep die in bankruptcy. Congress must not fail the U.S. auto industry. Doing so would be abandoning the core of the American economy -- manufacturing.

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Time to Change the Rules Rather Than Throw More Money at the Banks

David Paul | Posted 11.23.2008 | Business

Read More: Credit Derivatives, Wall Street Bailout, General Motors, Citibank, Financial Crisis, $700 Billion Bailout, Henry Paulson, Aig, Credit Default Swaps, Wall Street Crisis, Bailout, Obama Administration, Obama Economy, Citigroup, Business News
David Paul

The current lesson for the commercial banks is that if they want to survive, they should not do any of the things -- such as increase lending -- that the Treasury is trying to get them to do.

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Chicago Mercantile Exchange To Run Credit Default Swaps Market

Crain's Chicago Business | Ann Saphir | Posted 11.20.2008 | Chicago

Read More: Sec, Cme, Credit Default Swaps Market, Financial Crisis, Chicago Mercantile Exchange, Credit Crisis, Merc, Credit Default Swaps, Chicago Mercantile Exchange Credit Default Swaps Market, CME Credit Default Swaps, Chicago News

Regulators expect to give the go-ahead to CME Group Inc. and rivals to clear contracts in the $47 trillion market for credit default swaps by the midd...

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America: Get Your Financial Act Together

Diane Francis | Posted 11.18.2008 | Business

Read More: Ayatollahs, U.S. Economy, Meltdown, Economy, U.S. Treasury, Federal Reserve, Credit Default Swaps, Global Crisis, Global Rescue Effort, g20, U.S. Recession, Housing Crisis, Fraud, Aig, Iran, Wall Street Crisis, Worldwide Recession, Wall Street, Bailout, Atomic Bombs, u.s. Economy Problems, Real Estate Bubble, Skullduggery, Financial Crisis, Banking Crisis, Crisis, Global Financial Crisis, Tech Bubble, Business News
Diane Francis

It would be as irrational to allow the Ayatollahs to build bombs as it would be to allow Wall Streeters to run amok again building their weapons of financial mass destruction.

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It's the Mortgages: How to Restore the Health and Stability of the Economy

Graciela Chichilnisky | Posted 11.17.2008 | Business

Read More: Mortgages, Freddie Mac, Defaults, Bailout, Mortgage Crisis, Financial Crisis, Fannie Mae, Credit Default Swaps, Fannie Mae Freddie Mac Bailout, Mortgage Defaults, Alan Greenspan, Business News
Graciela Chichilnisky

The true root cause of the financial crisis starts with the continued defaults on mortgages that magnify and snowball throughout the entire financial system.

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Will someone tell Hank it's time to change course in the financial bailout?

David Paul | Posted 11.15.2008 | Business

Read More: JPMorgan Chase, Credit Derivatives, Hank Paulson, Financial Bailout, Mortgage Backed Securities, Subprime Mortgage Crisis, Derivatives, Citibank, Bank of America, Financial Crisis, Credit Default Swaps, Home Foreclosures, Business News
David Paul

The longer this goes on, the more absurd it is becoming. Hank Paulson may know what he is doing. He may have insight that is lost on the rest of us. ...

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The Economy? Dating a Player Who Doesn't Want to Commit

Vivian Norris de Montaigu | Posted 11.13.2008 | Business

Read More: Debt, Leasing, Players, Economic Crsis, Credit Default Swaps, Obama, Tax Evasion, Leverage, Offshore, Business News
Vivian Norris de Montaigu

The fun thing about normal guys is that you can actually TRUST them. And when times get rough, they are still normal good guys!

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The Olympics of the Swindles

Major R. Owens | Posted 10.28.2008 | Business

Read More: Wall Street Crash, Fdic, David Leonhardt, Credit Default Swaps, Semi-Nationalized Banks, S&L Riot, Subprime Mortgages, Congressional Bailout, Charles Keating, Henry Paulson, Financial Crisis, S&L Resolution Trust Corporation, Sub-Prime Mortgage Crisis, S&L Crisis, Savings and Loan Scandal, Economy, Seidman, Alan Greenspan, Business News
Major R. Owens

The present economic collapse, which will surely devour more than a trillion taxpayer dollars within the next six months, utilized an earlier model -- the Savings and Loans swindle.

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"Financial Weapons Of Mass Destruction," A Briefing (VIDEO)

60 Minutes | Posted 10.27.2008 | Business

Read More: Video, 60 Minutes, Economy, Warren Buffett, Credit Default Swaps, Wall Street Crisis, Business News

Credit default swaps are consistently listed as one of the top reasons for America's current economic crisis, and though many on main street probably ...

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Turf War Develops Over Regulation Of Credit Default Swaps Market

Washington Post | Posted 10.20.2008 | Business

Read More: Financial Crisis, Credit Default Swaps, Turf War Credit Default Swaps, Credit Default Swaps Market, AIG Credit Default Swaps, Business News

The government is moving forward with its first significant effort to bring oversight to a vast, unregulated corner of Wall Street that has severely e...

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Chicago Mercantile Exchange Leads Credit Default Swaps Market Race

Reuters | Jonathan Spicer and Daisy Ku | Posted 10.20.2008 | Chicago

Read More: Selling Debt, CME Group Credit Default Swaps, Cme, Merc, CME Group CDS, Credit Default Swaps Market, Financial Crisis, Chicago Mercantile Exchange, Credit Default Swaps, CME Group, Chicago News

The race for rights to set up a regulated and exchange-based market for credit default swaps is being led by CME Group , but the final decision will b...

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Paint McCain a Red-Baiter

Leo W. Gerard | Posted 10.17.2008 | Politics

Read More: Free Markets, Joe Mccarthy, John McCain, Hewlett-Packard, Communist, Commie, Credit Default Swaps, Barack Obama, Ubs, Aig, Red States, Golden Parachute, Wall Street, Commodity Futures Modernization Act of 2000, Ceo, Deregulation, Phil Gramm, Glass-Steagall Act, Joe Mccain, Class Warfare, Carly Fiorina, Red-Baiting, Politics News
Leo W. Gerard

The "small government" Bush and Republican Congress increased spending, thus replacing the budget surplus bequeathed them with deficits.

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The First Death Rattle of Our Unsustainable Economy (Part II)

Rebekah and Stephen Hren | Posted 10.14.2008 | Green

Read More: Capitalism Fallacies, Regenerative Economics, Sustainability, Steady State Economics, Economy, The Wealth of Nations, Adam Smith, Alternative Resources, Neoclassic Economics, Commerical Consumption, Economic Systems, Global Resources, Renewable Energy, Financial Crisis, Credit Default Swaps, Economic Theory, Green News
Rebekah and Stephen Hren

Since our current economic system is riddled with contradictions that are forcing its implosion as it abuts the physical limits of our planet, what do we do next?

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Credit Default Swaps, the Collapse of AIG and Addressing the Crisis of Confidence

David Paul | Posted 10.11.2008 | Business

Read More: Paulson Wall Street Crisis, $700 Billion Bailout, Credit Derivatives, Credit Default Swaps, Wall Street Bailout, Business News
David Paul

The problem seems straightforward. After the AIG collapse, how does one institution trust its exposure to another?

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What Is A CDS, Or Credit Default Swap?

CNN | Nicholas Varchaver and Katie Benner | Posted 10.10.2008 | Business

Read More: Fortune 500, Morgan Stanley, Wall Street Crisis, Economic Crisis, Trillion, Financial Crisis, Fannie Mae, Bear Stearns, Credit Default Swaps, Business, Fortune Magazine, What Is a Credit Default Swap, What Is a CDS, Business News

If Hieronymus Bosch were alive today to paint a triptych called "The Garden of Mortgage Delights," we'd recognize most of the characters in the baccha...

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Lehman Assets Nearly Worthless, Dangerous Implications For Economy

Clusterstock | John Carney | Posted 10.10.2008 | Business

Read More: Lehman Assets, Lehman Assets Auction, Debt, Finance, Lehman Brothers, Economy, Cds, Credit Default Swaps, Personal Finance, Lehman Brothers Bankruptcy, World Economy, Business News

So the final results from the Lehman Brothers CDS auction are in, and they're even uglier than expected. Finally price is 8.625 cents on the dollar. ...

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AIG Executives Win Record Government Bailout: Next Stop, Disneyland

Deborah Senn | Posted 10.07.2008 | Business

Read More: Regulation, Aig, Credit Default Swaps, Commodity Futures Modernization Act, Insurance, Disneyland, Business News
Deborah Senn

Too often insurers create labyrinthine corporate structures to avoid oversight -- when the "non-insurance" holding company is the puppet-master for the entire corporate entity.

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Lack of Disclosure the Root Cause of the Financial Crisis

Peter Scheer | Posted 10.07.2008 | Business

Read More: Transparency, Federal Reserve, Financial Crisis, Ben Bernanke, Disclosure, Liquidity Crisis, FInancial Markets, Mortgages, Depression, Housing, Credit Default Swaps, Business News
Peter Scheer

The market did not understand that families buying homes would have an incentive to default on their mortgage obligations if housing prices stopped rising or actually declined.

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Measuring The Crisis: Look Past Stocks

BusinessWeek | Ben Levisohn | Posted 09.30.2008 | Business

Read More: TED Spreads, Debt, Commercial Paper, Credit, Credit Markets, Finance, Banks, Personal Finance, Credit Default Swaps, Wall Street, Measure Credit Markets, Measuring the Crisis, Business News

With the financial system bailout plan derailed by the House of Representatives on Sept. 29, the resulting plunge in equities made headlines around t...

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Hank Paulson Should Call John Doerr

Adam Hanft | Posted 09.24.2008 | Business

Read More: Government, Mortgages, Paulson, Bailout, Equity Positions, Equity, Economy, Cdos, Bernanke, Credit Default Swaps, Kleiner Perkins Caufield & Byers, Subprime, Free Market, Liquidity Crisis, Google, Doerr, Business News
Adam Hanft

More than Paulson, more than Bernanke, more than pretty much anyone in Washington I'd trust venture capitalist John Doerr to negotiate my stake in the bailout.

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Fifty Chimpanzees or One Toothless Gorilla

Deborah Senn | Posted 09.23.2008 | Business

Read More: Aig, Deregulation Crisis, Insurance, Congress, GLBA, Depression-Era, Phil Gramm, Policyholders, Economy, Senate Banking Committee, Cds, Credit Default Swaps, Capital Adequacy, Financial Securities, Wall Street, Commodity Futures Modernization Act, State Insurance Regulators, Deregulation, Financial Crisis, Bailout Cost, Gramm Leach Bliley Act, Financial Meltdown, Subsidiaries, Business News
Deborah Senn

AIG's financial meltdown this past week was not the result of failed insurance regulation. (Go ahead. Read that one more time, real slow.)

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Is Your Fund At Risk?

Business Week | Lewis Braham | Posted 02.24.2008 | Business

Read More: Aig, Credit Default Swaps, Pimco, Bill Gross, Cds, T. Rowe Price, Subprime Mortgages, Oppenheimer Strategic Income, Western Asset Core, Pimco Total Return Fund, FInancial Markets, Business News

Complex financial instruments called credit default swaps have roiled the financial markets for months. They're at the heart of the bond insurers' woe...

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A $43 Trillion Dollar Market That Most People Have Never Heard Of

Jacki Zehner | Posted 02.12.2008 | Business

Read More: Fixed Income, George Soros, Credit Default Swaps, Shadow Banking, Credit Crunch, Bill Gross, Economy, Business News
Jacki Zehner

You are going to be hearing a lot about fixed income markets in coming weeks and months, which begs the question, why don't most people even know what they are?

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