Comments on: Credit default swaps are harmless to all but those who sell them. http://sovereignspeculator.com/2010/03/10/credit-default-swaps-are-harmless-to-all-but-those-who-sell-them/ Just another WordPress.com site Mon, 30 Jan 2012 00:05:17 +0000 hourly 1 http://wordpress.com/ By: chad http://sovereignspeculator.com/2010/03/10/credit-default-swaps-are-harmless-to-all-but-those-who-sell-them/#comment-1912 Tue, 16 Mar 2010 01:52:58 +0000 http://sovereignspeculator.com/?p=4226#comment-1912 Been looking for a different take on the CDS game. Everybody hates these things….. i think they need to be put on an exchange and cleared…..

Everyone ALWAYS bashes the CDS buyer. I don’t remember the rush to purchase them on Neg AM RMBS derivatives…….Furthermore, as Michael Lewis pointed out in the end way back in Nov. of 08……It was the writers of CDS that were going nuts. Creating “synthetic” mortgages from them.

]]>