Counterparties

By Felix Salmon
June 22, 2011
Reuters

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Google’s websites had more than a billion unique visitors in May — WSJ

The FBI knocked Curbed, Pinboard & Instapaper offline as collateral damage to a server seizure — NYT

A Visual Representation Of The Law School Bubble — ATL

Existing home sales fall to 6-month low in May, with prices down 4.6% yoy — Reuters

Adventures with debt ceilings, CDS edition — Reuters

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Comments
One comment so far

You could alternatively use the CDS price as the congress stupidity index, since the US can only default on its debt if it chooses to do so.

What specific event would trigger the payment on the agreement? Are all CDS written with the same language, or could there be some dastardly contract writers out there that are trying to win based on a technicality?

Posted by djiddish98 | Report as abusive
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