gwendolyn pigeon

1 Comment

    • ON: Fri Apr 11th 11:21 AM
      Commented on:
      Is Japan Subprime's Next Flashpoint?
      The best thing is to see the actual amount/issuance of CDO in Japanese capital markets. It is very tiny amount (less than 5%) and there has been no single default even though the CDS indices are extremely high. What Japanese investors are doing now is to invest in CDS before it goes back to normal (under 50bp) as the market undervalues the situation.
      Best to ask one of Japanese mega bank. They will say the same thing. Former Sony CEO also says the same thing.
      View article »
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