CDS are a mess

You saw my comments in the last post on the damage Europe has done in making a mockery of the sovereign CDS market. The Italy situation is worse because of this. Below is a video clip from Monday night of the Lang & O’Leary Exchange, a well-regarded business show in Canada. I am on near the tail end of the show talking about Credit Default Swaps.

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Catch my commentary after the 47th minute. Hopefully, I wasn’t too apocalyptic but I am definitely concerned. 100%.

(click on picture for link)

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3 Comments
  1. Gary says

    I do not click on something to have 2 or more commercials. Maybe one. You have lost me on your site now and in the future.

  2. Geoff says

    Looks like you should meet Amanda Lang in person.

Comments are closed.

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