• 14 Oct 2008 at 2:05 PM

Presented Without Comment: Uh Oh.

By Bess Levin

reuters.png
Reuters Group CDS spreads.
Source: CMA DataVision

Comments (19)

  1. 1
    Posted by guest | October 14, 2008 at 2:08 PM

    via Bloomberg:
    BNY Mellon Selected as Custodian for U.S. Treasury’s TARP Plan

  2. 2
    Posted by guest | October 14, 2008 at 2:09 PM

    its gonna be a doozy of a recession

  3. 3
    Posted by BSD | October 14, 2008 at 2:11 PM

    Big relative move, but going from 30 to 60 is still very much IG, especially when the IG11 CDX is trading at 178bps.

  4. 4
    Posted by guest | October 14, 2008 at 2:14 PM

    dude, “uh oh” is a comment.

  5. 5
    Posted by MarshallStack | October 14, 2008 at 2:22 PM

    The next 5 charts -
    GS, MS, MER, SLM, RBS spreads tighten 40-50%.
    Where is the love?

  6. 6
    Posted by guest | October 14, 2008 at 2:26 PM

    #4, that’s good shit

  7. 7
    Posted by guest | October 14, 2008 at 2:28 PM

    4 beat me to the punch.

  8. 8
    Posted by guest | October 14, 2008 at 2:28 PM

    LA Times via CR sums up the new Treasury Plan… http://3.bp.blogspot.com/_pMscxxELHEg/SPTPBnPOBWI/AAAAAAAADj4/Vz1WNgC9dWA/s1600-h/LA+Times.jpg

  9. 9
    Posted by guest | October 14, 2008 at 2:32 PM

    Yea, EP, just, “No Comment”
    Leave the comments to us.

  10. 10
    Posted by cheesedog | October 14, 2008 at 2:32 PM

    60bp is insanely tight when you compare it to GECC at 450 over.

  11. 11
    Posted by guest | October 14, 2008 at 2:36 PM

    Right, wrong, correct, agree, disagree – no wonder the world is so fucked up.

  12. 12
    Posted by guest | October 14, 2008 at 2:45 PM

    @1, what happened to Legg Mason?

  13. 13
    Posted by guest | October 14, 2008 at 2:55 PM

    That spread is getting wider than than a first year analyst chick who’s discovered seamlessweb

  14. 14
    Posted by guest | October 14, 2008 at 3:02 PM

    Can I get a CDS on dealbreaker?

  15. 15
    Posted by guest | October 14, 2008 at 3:07 PM

    105 bid on db, trading 50bps tighter since carney’s departure

  16. 16
    Posted by guest | October 14, 2008 at 3:25 PM

    Ok. So what? It’s not like as if Reuters will go bankrupt any time soon.

  17. 17
    Posted by guest | October 14, 2008 at 3:27 PM

    Legg Mason is prospective TARP manager, BNY Mellon is custodian. Every CDO needs a custodian – USGCDO

  18. 18
    Posted by guest | October 14, 2008 at 3:38 PM

    Every night you come into my room
    And pin me down with your strong arms
    You pin me down, and I try to fight you
    You come inside me
    You fill me up
    And I become the Night Man…

  19. 19
    Posted by guest | October 15, 2008 at 7:19 AM

    You should look at Thomson Reuters CDS. Reuters CDS doesn’t really mean anything given it’s a dead box. Thomson Reuters CDS is multiple times wider than Reuters.

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