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Barclays And Rbs Could Hold £5 Trillion In Cds's

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It has been said before that when these things are unpicked there is only 2% of hard liability in the paper chain. So we are only talking about 2% of 5 trillion which is... ooo errr 100 billion.

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Part 1 (8 mins)

Part 2 (7 mins)

"vast majority of CD's are CDS's"

good lord :blink:

Great links, thanks a lot. So much for nobody seeing this crisis coming then? Nice little house by the beach that bloke's got.

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Can we get a sticky that says "Do not post any more CDS related topics that people have spent hours on this forum analysing in much more depth than the bilge on TV"

Thanks for the insightful input

Edited by Lander

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