gopbuster
(715 posts)
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Sun Sep-28-08 12:07 PM
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What companies other than AIG who wrote CDS contracts may be liable? |
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Is MMC a candidate for huge liabilities? I know Putnam (their investment division at one time had some problems about a year ago)
Any others?
Anyone?
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FarCenter
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Sun Sep-28-08 12:22 PM
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It is an unregulated industry. There is no central clearing house.
Although it is probable that the big players know quite a lot about who has made what kind of committments.
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gopbuster
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Sun Sep-28-08 12:52 PM
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2. Shadow market and off the books....seems like I read where |
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some of the big banks even wrote them on themselves! Holding a risk management portfolio in that respect. Good lord
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Fri May 10th 2024, 06:45 PM
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