THE STASH AUGUST 10, 2009
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Nate Silver says the unemployment rate probably won't hit 10%.
Sugar prices at a 28-year high.
The Fed is concerned about commercial real estate.
The NYT explains where things stand in the health care fight.
Can't find a job in the U.S.? China might be the place for you.
Why a company might short its own stock.
1 comments
"Why a company might short its own stock. "
Picky point, but the linked article isn't about why a company might short its own stock, rather it's about why a company might want to short its own credit spread (i.e., buy a CDS on itself) to hedge exposure on a CDS-linked line of credit where the cost floats according to the company's credit default swap spread. Dizzyingly derivative.
- bl462
August 11, 2009 at 11:44am