Tag Archives: naked european sovereign

The Derivatives Gestapo is at it again…

As some of you may recall, when the European Parliament called for a ban on naked CDS on European sovereign debt I wrote a lengthy piece explaining why such a ban would achieve nothing, and could in fact have unanticipated … Continue reading

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Derivatives did not cause Europe’s woes and European politicians should step up and take responsibility for their own failings rather than blaming derivatives and the rating agencies

It drives me absolutely nuts (and I’m talking Vincent van Gogh, cut off your ear and pop it in the mail crazy or Claudius drinking water from lead pipes crazy) when uninformed commentators and government officials (who know or should … Continue reading

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