Comments on: Risky Business: Interest Rate Swaps & Credit Default Swaps http://amostle.com/blog/2009/03/31/risky-business-interest-rate-swaps-credit-default-swaps/ Sat, 19 May 2012 11:24:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Should Homosexuals Have Separate Locker Rooms? | The Amostle http://amostle.com/blog/2009/03/31/risky-business-interest-rate-swaps-credit-default-swaps/comment-page-1/#comment-1595 Should Homosexuals Have Separate Locker Rooms? | The Amostle Mon, 27 Apr 2009 03:33:10 +0000 http://amostle.com/blog/?p=279#comment-1595 [...] men from women, our culture is removing sex and attraction from the gym experience, just as credit default swaps isolate and remove credit risk from the list of risks involved in an [...] [...] men from women, our culture is removing sex and attraction from the gym experience, just as credit default swaps isolate and remove credit risk from the list of risks involved in an [...]

]]> By: amos http://amostle.com/blog/2009/03/31/risky-business-interest-rate-swaps-credit-default-swaps/comment-page-1/#comment-1541 amos Fri, 10 Apr 2009 05:08:18 +0000 http://amostle.com/blog/?p=279#comment-1541 Apparently, according to <a href="http://yaleglobal.yale.edu/display.article?id=3147" rel="nofollow">this interesting article</a>, at the time of the toppling of Saddam Hussein, Iraq owed at least $120 billion to various international governments. The biggest holders of that debt were France, Germany, and Russia, who happen to have opposed the war. The US pressured everyone into renegotiating the value of the existing Iraqi debt at a far lower value. I can't seem to find any info on how much Iraqi debt the US owns. <a href="http://www.nytimes.com/2007/11/11/business/worldbusiness/11view.html" rel="nofollow">This article</a> talks about how the market for Iraqi bonds has been consistently showing lack of confidence in the stability of the government since the start of the war, and <a href="http://www.cbsnews.com/stories/2008/04/11/politics/animal/main4009387.shtml" rel="nofollow">this follow-up article</a> talks about how the price of credit default swaps on Iraq defaulting on those bonds now indicates increased confidence. And <a href="http://online.wsj.com/article/SB121054141620283467.html?mod=dist_smartbrief" rel="nofollow">according to this article</a>, Pakistani and Iraqi debt may be a better investment than US bonds. Apparently, according to this interesting article, at the time of the toppling of Saddam Hussein, Iraq owed at least $120 billion to various international governments. The biggest holders of that debt were France, Germany, and Russia, who happen to have opposed the war. The US pressured everyone into renegotiating the value of the existing Iraqi debt at a far lower value.

I can’t seem to find any info on how much Iraqi debt the US owns.

This article talks about how the market for Iraqi bonds has been consistently showing lack of confidence in the stability of the government since the start of the war, and this follow-up article talks about how the price of credit default swaps on Iraq defaulting on those bonds now indicates increased confidence. And according to this article, Pakistani and Iraqi debt may be a better investment than US bonds.

]]> By: handy http://amostle.com/blog/2009/03/31/risky-business-interest-rate-swaps-credit-default-swaps/comment-page-1/#comment-1529 handy Sat, 04 Apr 2009 10:27:08 +0000 http://amostle.com/blog/?p=279#comment-1529 Does the US hold a large portion of Iraqi Bonds? Is that why we are so interested in the country's stability? Does the US hold a large portion of Iraqi Bonds? Is that why we are so interested in the country’s stability?

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