S S2007S Mar 16, 2016 #71 http://www.cnbc.com/2016/03/16/bill-ackman-lost-1b-in-one-day-on-valeant.htmlhtml He owns 31 million shares.....
http://www.cnbc.com/2016/03/16/bill-ackman-lost-1b-in-one-day-on-valeant.htmlhtml He owns 31 million shares.....
M Martinghoul Mar 17, 2016 #72 Martinghoul said: Right, so this is SR CDS, which assumes a 40% recovery rate by convention. This implies a 5Y risk-neutral default probability of arnd 45%, which is roughly 6% higher on the day, assuming I did all the arithmetic correctly. More... 5y CDS closed at 904.4bps yest...
Martinghoul said: Right, so this is SR CDS, which assumes a 40% recovery rate by convention. This implies a 5Y risk-neutral default probability of arnd 45%, which is roughly 6% higher on the day, assuming I did all the arithmetic correctly. More... 5y CDS closed at 904.4bps yest...