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Tag Archives: Credit Default Swaps
JP Morgan, Lehman and Nightmares
I am often asked about individual bank stocks, especially JP Morgan. Generally my answer is that Bank of America, JP Morgan and a few others look to be likely survivors, but how profitable they will be I am really unsure. … Continue reading
Posted in Uncategorized
Tagged AIG, Bank of America, Bear Stearns, CDS, Citibank, credit crisis, Credit Default Swaps, derivatives, Federal Reserve, JP Morgan, Lehman Brothers
2 Comments
In Summary
Tyler Cowen states his basic views on the crisis. My response in italics: