right, the worst gov buy all the foreclosure, CDS

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回答: There is one problem here, if the gov want to take7294182008-10-02 19:48:50

worth nothing.

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没人会BET ON FORECLOSURE, 大家只是BET那些金融机构会破产. -冬里- 给 冬里 发送悄悄话 (437 bytes) () 10/02/2008 postreply 19:58:34

I see. Hedge funds are buyer of the CDS, they -729418- 给 729418 发送悄悄话 729418 的博客首页 (71 bytes) () 10/02/2008 postreply 20:05:54

主要是这样. 假如一个HEDGE FUND发行一个CDS给他的BROKER, -冬里- 给 冬里 发送悄悄话 (438 bytes) () 10/02/2008 postreply 20:10:20

ha, hedge funds are the orphans with no one to take -729418- 给 729418 发送悄悄话 729418 的博客首页 (5 bytes) () 10/02/2008 postreply 20:14:42

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