Wednesday, Jun 24, 2009
Fears of big bank problems return
Fortune: Free of artificial green shoots
Betting against the banks is back in fashion.
A key market measure of the health of the biggest global financial institutions has deteriorated this month, after showing sharp improvement in April and May.
The price of betting that big banks will default on their debt -- made via derivatives known as credit default swaps -- has risen 17% in June, according to data from New York-based Credit Derivatives Research.
Posted by devo @ 02:12 PM (290 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.