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Tag Archives: Mortgage Equity Withdrawals
Brother, Can You Spare a Trillion?
The (in)famous Credit Default Swap (CDS) market provides the market’s best guess that an issuer will default on its debt. A low spread is good. A high spread is bad. Check this out. Campbell Soups’ (no relation!) CDS is less … Continue reading
Posted in Finance
Tagged Campbell Harvey, Campbell Soups, CDS, Federal Reserve, Financial Crisis '08, Mortgage Equity Withdrawals, TARP, Treasury
2 Comments