Volatility of Equity World Spreading to Credit [View article]
Wells Fargo has 120 billion of option arm mortgages from Wachovia, and if the rest of Wachovia's book of business looks anything like the loan described below I can see why people are going after the CDS. Yes I'm talking my book. I recently bought puts, and for good reason. I have to agree the rally looks like it is over.
Volatility of Equity World Spreading to Credit [View article]
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