Results tagged “CDS” from Dealbreaker
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New CDS Indices Sure To Calm Investor Fears
Jun 29, 2009, 12:18pm
Posted by Greg Michaels
For those in the 'CDS are weapons of financial mass destruction' camp, today is not your day. Due to the prevalence of major industrialized countries putting their fiscal problems on their credit cards and turning themselves into emerging market nations,...
It's Time To Blame CDS Again
Jun 23, 2009, 2:19pm
Posted by Greg Michaels
The CDS witch hunt is turning from the auto industry to the newspaper industry. Several newspaper companies recently failed to gain meaningful interest in their debt exchange offers because the majority of the bondholders were hedged through CDS and, consequently,...
A Historic Day
Nov 04, 2008, 2:07pm
Posted by Equity Private
Of course, history will be made today. After a long buildup, today is the big day. Can you feel the anticipation? We can. You will have to wait until this evening for your release, though. Of course, we refer to...
Iceland CDS Payouts: ~$7 Billion
Nov 04, 2008, 12:10pm
Posted by Equity Private
Bloomberg is spinning this as "even bigger than Lehman," but that seems backwards to me. Shouldn't it be "Lehman CDS payouts nearly as large as entire country meltdown CDS fallout" ? The auction was the first of three being held...
But Other Than That? Fine.
Oct 21, 2008, 12:29pm
Posted by Equity Private
So other than totally cratering and taking with it all its equity holders, Lehman is doing just fine today. The CDS settlement, you know, the one everyone was worried about, turned out to pan out nicely. Or so far it...
Dangerous Alliances (Morning Wordgame Edition)
Oct 20, 2008, 9:29am
Posted by Equity Private
I doubt there could be a much more direct indicator of how absolutely abysmal things are than New York and federal prosecutors cooperating on anything. Perhaps its when the New York Times calls Credit Default Swaps, the dangerous new focus...
Presented Without Comment: Uh Oh.
Oct 14, 2008, 2:05pm
Posted by Equity Private
Reuters Group CDS spreads. Source: CMA DataVision...
Halloween Comes 10 Days Early This Year
Oct 11, 2008, 2:47pm
Posted by Equity Private
October 21st is the day to watch. Lehman debt having priced at below $0.09 on the dollar, CDS contracts will have to settle now. Vipal Monga over at The Deal hints that a notional amount figure might run as high...
Big CDS Day On The Way
Oct 05, 2008, 7:28pm
Posted by Equity Private
Credit Default Swaps for Fannie and Freddie will see their recovery set tomorrow in an auction described by Reuters as "...the largest settlement of the contracts the market has ever seen." That this has rather serious ramifications for the CDS...
Lehman CDS Spreads Widen, Outpacing Wall Street Rivals
Posted in Lehman, Aug 19, 2008, 1:40pm
Posted by John Carney
The cost on insuring Lehman's debt has climbed from 130 basis points in late April to 387.5 basis points today. The credit default swaps, which are contracts insuring Lehman's senior debt, appear to show high levels of skepticism about the...
Job of The Week: Make The Debt Markets More Transparent
Posted in DealBreaker Career Center, Feb 15, 2008, 3:19pm
Posted by John Carney
We like to end every week with a special gift for our readers: we’re finding you a new job. So we spent part of the afternoon combing through our Career Center in search of the most interesting jobs. There are...
