September
24
24
Macro thoughts from a microcap trader: US Government worse than Lehman?
Tags:CDSWarning: wonkish post ahead. Apologies for the lack of posting. Like the rest of you, my attention has strayed to broader market issues. I came across a crazy statistic I want to share: going into March, 2007, according to this Marketwatch report, credit default swap protection for Lehman Brothers debt cost $28,000 per $10 million [...]
