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	<title>Moneyizor &#187; CDS</title>
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		<title>Was a dollar default close last week?</title>
		<link>http://www.moneyizor.com/2008/09/22/was-a-dollar-default-close-last-week/</link>
		<comments>http://www.moneyizor.com/2008/09/22/was-a-dollar-default-close-last-week/#comments</comments>
		<pubDate>Mon, 22 Sep 2008 15:21:42 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Banks]]></category>
		<category><![CDATA[CDO]]></category>
		<category><![CDATA[CDS]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Macroeconomics]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Dollar Default]]></category>

		<guid isPermaLink="false">http://www.moneyizor.com/?p=34</guid>
		<description><![CDATA[A dollar default is unthinkable in these affluent modern times. Or is it? Last week a &#8220;flight to safety&#8221; of investors in America&#8217;s $3.5 trillion Treasury money market was only halted by Secretary Henry Paulson&#8217;s swift action in nationalising the banking sector&#8217;s bad debts. Read The Great Harvard Sausage Scandal 2008 over at Syntagma. Of [...]]]></description>
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		<title>After Lehman now it&#8217;s AIG&#8217;s turn</title>
		<link>http://www.moneyizor.com/2008/09/16/after-lehman-now-its-aigs-turn/</link>
		<comments>http://www.moneyizor.com/2008/09/16/after-lehman-now-its-aigs-turn/#comments</comments>
		<pubDate>Tue, 16 Sep 2008 17:19:25 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[CDO]]></category>
		<category><![CDATA[CDS]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Credit Default Swap]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[Eurozone]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Mervyn King]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[Lehman Brothers]]></category>

		<guid isPermaLink="false">http://www.moneyizor.com/?p=33</guid>
		<description><![CDATA[Can we really have witnessed the demise of three top investment banks in so short a time? Bears Stearns, Lehman Brothers and Merrill Lynch have all disappeared off the radar in quick succession. What is happening to the world&#8217;s &#8212; and especially the American&#8217;s &#8212; financial system? It started with the slicing, dicing and splicing [...]]]></description>
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		<title>Credit crunch &#8211; second leg</title>
		<link>http://www.moneyizor.com/2008/04/09/credit-crunch-second-leg/</link>
		<comments>http://www.moneyizor.com/2008/04/09/credit-crunch-second-leg/#comments</comments>
		<pubDate>Wed, 09 Apr 2008 13:42:59 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[CDO]]></category>
		<category><![CDATA[CDS]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Credit Default Swap]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Risk]]></category>

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		<description><![CDATA[As the first wave of the credit crunch plays itself to a messy conclusion, we are almost certainly now into its second leg. Collateralized debt obligations (CDOs) may have been the opening gambit, but credit default swaps (CDSs) are the new kids on the block. George Soros estimates that the value of CDSs now equals [...]]]></description>
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