Distressed Volatility

Wall Street, R.I.P. Now What?

If the consumer can't remain resilient to this mess... then we will have a major problem.

Credit Default Swaps: The Show Isn't Over

we all realize the tax payer is now the counterparty of a large % of CDS securities, with Bear, Fannie, Freddie, Lehman and now AIG belly up?! Shouldn't we just back on the gold standard already. -distressedvolatility

Credit Default Swaps: The Show Isn't Over

Yea the CDX index broke out, could we retest old highs during the Bear Stearns disaster?? We'll see, if spreads narrow and we don't hit those old highs I think we might've seen the peak of this credit crisis, or investors saw this coming and are more relaxed.. Also the ABX and CMBX spreads widening. www.distressedvolatili.... we shall see what happens.