Goldman and Merrill Almost Junk
"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?
"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?
Career Resources
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?
Eius accusamus rerum cumque rerum quis ea. Explicabo officiis ipsa veritatis deleniti sed tenetur. Maiores suscipit ut odit.
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...