Three auctions for Credit Default Swaps of the three Icelandic banks that failed (Glitnir, Landsbanki and Kaupthing) have been completed today. (CDS is ...
First, since everyone already knows, let me be one of the last to congratulate Obama on a thumping victory over McCain. Obama inherits a horrendously bad ...
Michael Lewis: This hedge fund manager tried to short himself As the trading room filled with smoke, and acquired that only sweet smell I know that is not ...
What madness. Sensex closes around 8600, Nifty at 2550. We haven’t seen these levels for a long long time now, have we? We are now down 40% in a month. ...
RBI has relaxed the ECB regulations in a notice posted today: 3. Henceforth, ECB up to USD 500 million per borrower per financial year would be permitted for ...
TED Spread at 2.57, way below the highs of 4.5 or so. Still, a little high, but should get better. 13 week treasury bill yield at 1.24%, which means people ...
