Recent content by sparky

  1. S

    Credit Default Swaps (CDS) wtf?

    Your right...except it doesn't need to be a killing spree. It could be just that you thought everyone was deathly ill (or overburdened with debt in the case).
  2. S

    Credit Default Swaps (CDS) wtf?

    I would! Because then every time someone dies in Denver, you get paid. There is a 100 percent chance that everyone in Denver will die. The argument becomes even more compelling if you knew that everyone in Denver was going to die very soon (e.g. your mass murdering spree). The analogy to the...
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