Re: [Pen-l] Crybaby vultures

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] Crybaby vultures
From: Doug Henwood <dhenwood@xxxxxxxxx>
Date: Thu, 30 Apr 2009 19:13:38 -0400


On Apr 30, 2009, at 7:06 PM, raghu wrote:

Can you explain how? News reports suggest that the renegade hedge
funds are unlikely to make much more under bankruptcy than what the
Treasury offered (around 30c on the dollar).

But if some of the renegades held credit default swaps that pay off in the event of bankruptcy, they're a lot better off now than they would have been.

Doug
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- RE: [Pen-l] Crybaby vultures
  - From: David B. Shemano
- Re: [Pen-l] Crybaby vultures
  - From: raghu

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Thread context:
- Re: [Pen-l] Crybaby vultures, (continued)
  - Re: [Pen-l] Crybaby vultures, Carrol Cox Fri 01 May 2009, 02:56 GMT
    - Re: [Pen-l] Crybaby vultures, Max Sawicky Fri 01 May 2009, 11:57 GMT
  - RE: [Pen-l] Crybaby vultures, David B. Shemano Thu 30 Apr 2009, 22:14 GMT
    - Re: [Pen-l] Crybaby vultures, raghu Thu 30 Apr 2009, 22:34 GMT
      
      Re: [Pen-l] Crybaby vultures, Doug Henwood Thu 30 Apr 2009, 22:41 GMT
      
      Re: [Pen-l] Crybaby vultures, raghu Fri 01 May 2009, 00:14 GMT
      
      Message not available
      
      Re: [Pen-l] Crybaby vultures, knowknot Fri 01 May 2009, 16:31 GMT
    - Re: [Pen-l] Crybaby vultures, Jim Devine Thu 30 Apr 2009, 23:47 GMT
    - RE: [Pen-l] Crybaby vultures, Perelman, Michael Fri 01 May 2009, 15:16 GMT

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