http://www.marketminder.com/a/fisher-investments-market-risks/f0a9cd92-674f-4f72-b337-b7ed66098b26.aspx
Ghosts of Lehman’s Debt
Could part of this past week’s volatility been caused by ghosts of Lehman’
s debt?
Topic: Market Risks
10/13/2008 By Fisher Investments Editorial Staff
Story Highlights:
Lehman’s failure proved to be a huge test to the financial system,
specifically to the $55 trillion credit default swap (CDS) market.
Serious concerns loomed over the ability of contract sellers to c