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There has been a lot of talk about whether the blame being shoveled on short sellers was misguided. Jim Cramer does not think so. In his inimitable way, he makes clear his view that short sellers... Read more...
We've heard a lot about how Merrill Lynch's deal with Lone Star valued its collateralized debt obligations at 22 cents on the dollar--and the implications that it might have for Citigroup and others... Read more...
The credit default swap market, as you know, has exploded as of late. The market's lack of a central clearing structure is an apt symbol for the current state of the market. The New York