N nutmeg Oct 17, 2011 #11 Quote from IanMacQuaide: My question is when do the banks just hit the Re-Set button and throw the CDS contracts in the trash? ? More... I think in way this has already been done, back when Lehman collapsed. Everyone put the cards on the table to the Fed and the crap is under the bed. But things are not going according to plan to dispose of them.
Quote from IanMacQuaide: My question is when do the banks just hit the Re-Set button and throw the CDS contracts in the trash? ? More... I think in way this has already been done, back when Lehman collapsed. Everyone put the cards on the table to the Fed and the crap is under the bed. But things are not going according to plan to dispose of them.
