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Entries Tagged ‘Barron’

World CDS exposure is now over $1.1 Quadrillion or 20 X World GDP

This may seem unbelievable but incredibly its reality.
http://www.ronpaulforums.com/showthread.php?p=1820109
Companies and whole countries with large CDS exposure:
http://paul.kedrosky.com/archives/2008/11/04/top_20_cds_by_n.html
TED spread has been on a rising trend for the past month, currently 2.175, which remains very high and indicating severely restricted credit availability.
Click on the chart for one month and the uptrend and persistent high level on TED is immediately [...]

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Fannie, Freddie Down On Barron’s Report Of Tsy-Bailout Talk

Fannie, Freddie Down On Barron’s Report Of Tsy-Bailout Talk
Last Update: 8/18/2008 10:44:30 AM
By Aparajita Saha-Bubna
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)–Fannie Mae (FNM) and Freddie Mac (FRE) shares are each down
more than 8% on Monday, on the back of a news report signaling a higher
likelihood of a federal [...]

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