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My problem is this:
Why dont governments un bundle each CDO through the bankrupty re
struchering provisions....and in effect create 1000 individual
contracts and allow banks anywhere to bid for any of the individual
loans...the loans that are working...
Started by frediesmith@googlemail.com on
, 4 posts
by 2 people.
Answer Snippets (Read the full thread at omgili):
Default swaps)
that are the problem...in effect a ponzi scheme that would bring down
the rating, to un ravel the CDOs
would pull the plug on the CDSs and wipe out the insurance premiums
and call.
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AIG put the system at risk through CDO's (Collateralized Debt Obligations), not CDS (Credit Default Swaps).
CDO's came about to perpetuate the existence of a massive, and very profitable, Mortgage Industry on the Street. We would have never had a problem...
Answer Snippets (Read the full thread at linkedin):
Hi Shreya,
Credit Default Swaps have in part been involved in several failures - most importantly Financial Products division writes over $20 billion of synthetic CDOs (from Goldman Sachs) in 2005 Group, started clearing over-the-counter....
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Read these comments carefully, because they reiterate what caused the crisis. NOVS was no part of it - the deliberate fraud that designed "blow up" synthetic CDOs.
* * * * * * * *
The media, meanwhile, fails to give sufficient attention to these problems...
Started by n-tres-ted on
, 14 posts
by 7 people.
Answer Snippets (Read the full thread at investorvillage):
First....
In 2007 of the market for collateralized debt obligations (CDOs), which are packages of mortgages obligations (CDOs), CDOs squared, and synthetic CDOs: no one in this pipeline of toxic mortgages had significant ways.
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Ask your Facebook Friends
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Posted 16 April 2010 - 06:02 PM
Its about time some of these guys get it.
http://www.msnbc.msn...ss-us_business/
Quote: U.S. charges Goldman with subprime fraud
Goldman Sachs: Charges unfounded and it will defend the firm
NEW YORK - Goldman Sachs Group...
Answer Snippets (Read the full thread at go-bengals):
In a section of the email subtitled "Who is feeling the pain," he added, "CDOs"that is, the product markets that his own department had taken: "...getting short CDS [credit default swaps] on RMBS [residential mortgage-backed securities....
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1929 and Now: Part I
Economic policy dating back to the 1929 Great Depression is based on the premise of providing access to cash to an expanding economy. However, the logic of Government intervention in the economy in times of financial crisis or in ...
Started by Zephyr on
, 1 posts
by 1 people.
Answer Snippets (Read the full thread at seeingblack):
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On Fri, 10 Apr 2009 03:12:10 -0400, David Bernier <david250@videotron.ca
Maybe, but I'm not so sure. About 9 years ago, in 2000, a quant. with a PhD in Statistics
published a paper explaining his "Gaussian copula model" for assessing risk of default...
Started by David Bernier on
, 6 posts
by 3 people.
Answer Snippets (Read the full thread at omgili):
Towards the end of your post I have the sense... .
Dave,
I appreciate your long answer (I've read other posts by you and they are
good) .
On Fri, 10 Apr 2009 12:42:40 +0000, Stray Dog <sdog2008@sdf.lonestar.org
(also by email) Quoted material at end .
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Behind the AIG mega-bailout: $19 trillion in obligations. A source who
once served as a top regulator of the insurance industry confirmed to
EIR that Lyndon
LaRouche has been right in his analysis of the insurance sector. He
referred in particular
to ...
Started by herrman321@aol.com on
, 6 posts
by 4 people.
Answer Snippets (Read the full thread at omgili):
I dont believe there is any: Is the
Risk Systemic?....
Titled
A.I.G.: Is the
Risk Systemic?
The report shows that exposure to AIGs credit default swaps (CDSs of collateralized debt obligations (CDOs),
which are insured
by CDS transactions.
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Undergraduate Full-Time-Asia Pacific Pacific Undergraduate Full-Time-Asia Pacific ' H0 m; l: `) t
Starting out in your career is a major step, so the decisions you take now need to be well thought out. This section of our website aims to help you decide...
Started by pianainong 发短消息 加为好友 on
, 8 posts
by 7 people.
Answer Snippets (Read the full thread at hiall):
Side, bonds, options, futures, securitizations, swaps, structured products, CDOs, derivative products, credit default swaps, CPPI, constant maturity swaps, hedge funds, economics, modeling, risk.
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On Wed, 18 Mar 2009 16:11:01 -0700, "NewsToBeRead" <NewsToBeRead@USA.Com
http://online.wsj.com/article/SB123734123180365061.html
a.. BUSINESS
b.. MARCH 18,
Hedge Funds May Get AIG Cash
Some Bailout Money Is Set Aside to Pay Firms That Bet Housing...
Started by NewsToBeRead on
, 4 posts
by 4 people.
Answer Snippets (Read the full thread at omgili):
On Wed, 18 Mar 2009 21:35:06 -0700 (PDT), dearcilla <dearcilla@gmail.com
On Mar 18, 7:11 pm, "NewsToBeRead" <NewsToBeR...@USA.Com
The problem is, we can't decide if we want to reward the people who
made smart bets or the people who made stupid... .
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Banks at it again
Truth is they never stopped
JP Morgan gets caught out trading credit default swaps - the very thing that brought banks and the american economy down 3-4 years ago (not to mention the rest of the world).
http://www.smh.com.au/world/he...
Started by giant1 on
, 20 posts
by 8 people.
Answer Snippets (Read the full thread at bladeforums):
The credit default swaps where....
The credit default swaps where traders are essentially buying insurance on other peoples financial scrutinized.
Wir...es_704006.html
My biggest concern is that these CDSs and CDOs are at this point so.
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