PROXIMO

Bank and Broker Default Risk

I'm wondering the same thing. Maybe someone can shed some light.


On Mar 09 10:45 AM TheAvenger wrote:

> What can be read from the fact that ING has one of the lowest CDS
> yet it also has one of the largest drop in the share price ? Thanks
> for any insight about this…

Barclays: Crushed

Quit whining. The traders aren't the ones who exposed the banks to absurd amounts of leverage. The traders aren't the ones who took obscene annual bonuses because they could. The traders aren't crawling to the government, hat in hand, asking for more and more taxpayer money to cover their inept management. Blaming traders for this quagmire is an enormous stretch.


On Jan 16 03:42 PM User 265631 wrote:

> Wonder what the average IQ is of these traders that crush these bank
> stocks? Think its anywhere near that of those "snake oil salesman"
> banker MBAs? Doubt it. Yet, its those dumbass traders who make blanket
> assumptions and speculate around companies' health based on bearish
> rumors - they are the ones crushing the bank stocks. They are the
> reason why these bankers need to continue to raise capital after
> their stocks gets crushed. We've let the inmates run the jail. Traders
> = monkeys. They don't understand fundamentals, don't care to fully
> understand balance sheets (read: lazy) and continue to over-react
> to everything in today's jittery market. They are a major reason
> for the downward cycle in asset values. And we can thank them for
> ultimately destroying the banking sector and eliminating massive
> amounts of wealth. Well done.

Financial Company Default Risk

I was curious as to the current credit default swap prices of the financial firms relative to each other. Thanks for lining it up.