28 December 2008
Posted by James Breen at 12/28/2008 1:27:00 PM
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Posted at 13:27 0 comments
27 December 2008
Posted by James Breen at 12/27/2008 12:19:00 AM
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Posted at 0:19 0 comments
25 December 2008
Posted by James Breen at 12/25/2008 9:06:00 AM
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Long gossip brief, let's see this one.
I recall expressing mistrust about AIG's ability to loosen CDS it had purchased to enclose CDS it had sold. Robert Pickel, the professional fake at the ISDA, sure us it would not be a poser. Now, I'm not claiming to understand the thing from Bloomberg yesterday, but I get the essence: An examination of AIG's repute-shirk swaps guaranteeing more than $300 billion of corporate loans, mortgages and other assets not sheltered by a $152.5 billion national rescue shows the New York-based insurer.
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Posted at 9:6 0 comments
24 December 2008
Posted by James Breen at 12/24/2008 6:40:00 PM
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Posted at 18:40 0 comments
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