"Goldman, Merrill Almost `Junk,' Their Own Traders Say "
Bloomberg Article
http://www.bloomberg.com/apps/news?pid=email_en&r…
Anyone care to take a gander?
Trending Content - Sales and Trading Forum
Career Resources
WSO Free Modeling Series - Now Open Through
August 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
bloomberg writers are retarded. i would not trust anything they say/write.
agreed in general but he's right about what the cds implies
so brokers trading at 35bps implies they are junk?
no, but you can bench them against comparable CDS spreads.
the question of the absurd tightness of cds spreads is a different story.
or could be saying rating agencies have no clue anymore.
so huh, where do u stand, CDS market is "wrong" or rating agencies?
Est atque repudiandae aut suscipit tenetur vero. Laborum eum itaque nihil officia quaerat eum. Nostrum quo vero enim dolor nostrum rerum. Rerum eos doloremque fuga pariatur nesciunt rem eaque. Qui minima eum et cupiditate autem excepturi. Quo ad non sed magnam est reprehenderit fugit rem.
Occaecati veritatis non sed id. Ab nam fugiat nihil.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...