Thursday, September 23, 2010

Thursday links

  • Two good articles related to credit default swaps (CDS) and worthy of keeping an eye on. The first article from Bloomberg and the second article from FTAlphaville
"She also alienated markets when her government introduced an overnight ban on some types of naked short-selling. Short sellers borrow assets and sell them, betting the price will fall, buying them later and pocketing the difference. In naked short-selling, traders never borrow the assets, so betting is unlimited.  Since then, the European Commission recommended bloc-wide curbs on naked short-selling of stocks and government bonds. And her commitment to cutting budget deficits has won support from countries including Spain and France."   
          Merkel got the highest favorability rating in the poll, 70%, compared to the 49% rating she got in        

No comments:

Post a Comment

Please Give Your Thoughts