credit default swaps – Page 2 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

First Act of Greek Default Proceedings Drawing to a Close

Greece and the IMF appear to be pushing for as much as a 75% haircut

News Links: Is Denmark on Verge of Icelandic Style Crash?

Adjustment Needed Now

Greek non-default deal not running smoothly

Chart of the day: Contagion spreads to the Netherlands

Contagion: Default probabilities blow out right across Europe

CDS are a mess

This is why people are buying gold now

On the CDS market, the Greek referendum and US banks’ selling insurance