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  • Settlement Auction for Lehman CDS: Surprises Behind [View article]
    Maybe Morgan & Goldman as part of this deal to become BHC are minimizing their particpiation in this area? Goldman just got $10 billion + and one would guess Buffet who appears to dislike these kind of things would have looked carefully.

    In addtion the centeral warehouse / clearinghousefor CDS comments that the net transfers on Lehman will only total about $6 billion. Does that jib with what you see?
    Oct 14 13:06 pm |Rating: 0 0 |Link to Comment
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