Early Retirement & Financial Independence Community - View Single Post - Lehman -- Credit Default Swaps Covering

chinaco · 10-14-2008, 03:00 AM

The fear is the domino effect of CDS driven failures.

IMO - the regulators should create a tiered payout on the CDS... bond holders first and speculators (that can't produce a bond) get what is left.... maybe just their premium back. I know this is not legal or even right... scr3w the speculators. Normal investors should come first.

10-14-2008, 03:00 AM	#2
chinaco Thinks s/he gets paid by the post Join Date: Feb 2007 Posts: 3,052	The fear is the domino effect of CDS driven failures. IMO - the regulators should create a tiered payout on the CDS... bond holders first and speculators (that can't produce a bond) get what is left.... maybe just their premium back. I know this is not legal or even right... scr3w the speculators. Normal investors should come first. __________________ Planned FIRE Summer 2011 Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion.