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Credit Derivative Meltdown In Progress
House Price Crash forum
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hotairmail
Jun 23 2008, 08:35 AM
http://ftalphaville.ft.com/blog/2008/06/23...ers-finally-go/
http://ftalphaville.ft.com/blog/2008/06/23...-out-contracts/
drrayjo
Jun 23 2008, 09:15 AM
QUOTE (hotairmail @ Jun 23 2008, 09:35 AM)
http://ftalphaville.ft.com/blog/2008/06/23...ers-finally-go/
http://ftalphaville.ft.com/blog/2008/06/23...-out-contracts/
QUOTE
Monolines are in talks to try and wipe out $125bn in insurance to avoid catastrophe
Banks and the credit markets are in for a turbulent week.
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