ES -- DX/CL -- isee -- cboe put/call -- specialist/public short ratio -- trinq -- trin -- aaii bull ratio -- abx -- cmbx -- cdx -- vxo p&f -- SPX volatility curve -- VIX:VXO skew -- commodity screen -- cot -- conference board

Thursday, December 13, 2007


ACA close to default

via calculated risk, bloomberg relays concerns at CIBC that ACA is going belly up on its insurance obligations to that bank.

ACA's default could have massive ramifications for wall street banks. lehman has already been purchasing secondary CDS protection for its ACA-counterparty CDOs, probably at massive rates.

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