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Greg Weston » Comments » LEH
More on LEH by Greg Weston
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Stunning Reversals: Is This a Market or a Casino? [View article]
I second the poster above, I'd love to hear any insight you may have on who/what/where/when sold CDS on any GSE instrument taking a haircut.
Brad Delong here suggests that the bailout is going to prevent any CDS from being triggered:
seekingalpha.com/artic...
Don’t Buy What Wall Street Is Selling [View article]
There will be some vultures who end up making a bundle buying financials when they are near the bottom, as happened to those who picked up the survivors of the 1990-92 recession. Problem is right now, the bottom for many financials is bankruptcy, and the rest have a long ways to fall.