Comments on: Fed Swap Lines: Massive Mark-to-Market “Losses” http://www.aleablog.com/fed-swap-lines-massive-mark-to-market-losses/ Alea Jacta Est Wed, 03 Mar 2010 18:43:34 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Ken Houghton http://www.aleablog.com/fed-swap-lines-massive-mark-to-market-losses/#comment-2070 Ken Houghton Sun, 23 Nov 2008 03:49:57 +0000 http://www.aleablog.com/?p=1998#comment-2070 Yes, but, of course, someone is making money on the Other Side of the Trade, so there's no <em>real</em> loss, is there? Yes, but, of course, someone is making money on the Other Side of the Trade, so there’s no real loss, is there?

]]> By: tv http://www.aleablog.com/fed-swap-lines-massive-mark-to-market-losses/#comment-2044 tv Wed, 19 Nov 2008 00:27:26 +0000 http://www.aleablog.com/?p=1998#comment-2044 "Valuation adjustments on swap-related holdings do not affect profit and loss because the impact is offset by the unwinding of the forward contract at the repayment date." FAT chance they unwind. “Valuation adjustments on swap-related holdings do not affect profit and loss because the impact is offset by the unwinding of the forward contract at the repayment date.”

FAT chance they unwind.

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