GTim on Michael Masters Testimony on Derivatives/Commodities Markets
Bob P on Governments do not always feel able to tell people the whole truth
Kim Appapillai on Michael Masters Testimony on Derivatives/Commodities Markets
Mitch on Richard Bove : Driving the Financial System to Collapse???
mano on Senate Bill Would Regulate OTC Derivatives and Credit Default SwapsA global market perspective that I agree with . . .
November 23, 2009
The Future That Was
China’s economic model is reminiscent of 17thcentury mercantilist policies. Thomas Mun, a Director of the East India Company, in England’s Treasure by Foreign Trade (1664), wrote that the purpose of trade was to export more than you imported. At the same [...]
Tags: China·Satyajit Das
The last paragraphh is very interesting !!!
Credit Default Swaps – Through The Looking Glass
Posted At : April 12, 2009 12:42 AM | Posted By : Satyajit Das
CDS contracts and credit derivatives are complex and powerful financial instruments that frequently have unforeseen consequences for market participants and the financial system. As former New York Federal Reserve [...]
Tags: CDS·Satyajit Das
Credit Default Swaps – Exercises in Surrealism
March 16, 2009 5:35 AM | Satyajit Das
At the quantum level, the laws of classical physics alter in intriguing ways. In financial markets, at the derivative level, the rules of finance also operate differently.The derivative industry’s indefatigable advocacy of credit default swaps (“CDS”) centers on the fact that contracts [...]
Tags: CDS·Satyajit Das