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However one must note, out of the $400B or so of greek debt, only $4.8B are CDS-insured. http://online.wsj.com/article/BT-CO-20110708-711764.html http://online
by ristretto 15y ago
However one must note, out of the $400B or so of greek debt, only $4.8B are CDS-insured.
http://online.wsj.com/article/BT-CO-20110708-711764.html http://online.wsj.com/article/BT-CO-20110708-711764.html
- chollida1 15y agoIt's important to note, it's not the amount of debt that is CDS-insured but the number of CDS contracts that have been written. The same 4.8B could have been insured 1000 times.