Ireland Downgrade

2 Responses to Ireland Downgrade

1. jck says:

   March 31, 2009 at 2:17 pm

   There was a major crisis in 2005, the so-called “correlation crisis” when GM and F were downgraded to junk ( i think ), the CDS have been trading upfront for a long time so not expecting anything special if they go bust officially, won’t be a surprise…
2. AJ says:

   March 31, 2009 at 2:42 am

   Way too early, I should say !!

   Nevertheless, we like a soothsayer. Now if you could tell us what will AUTOMAKER Banckruptcy result in.
   Do you foresee any CDS problems (if GM,F go BK)?