We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Speculative thoughts

15 October 2008

One category: those who purchased credit protection on Wall Street firms debt without actually owning the loans or bonds are licking their wounds. They are paying for insurance against a threat default that has receded sharply.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)