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Investment Analysis Clubs / Macro Economic Trends and Risks


Subject:  Re: Will the Bailout Plan Work? Date:  10/5/2008  12:15 PM
Author:  WendyBG Number:  257737 of 502748

<Would you lay out the consequences of a CDS cascade? All I can grasp is that it would be a Really Bad Thing.>

A CDS cascade would be a Really Bad Thing. Great way to put it.

A CDS (Credit Default Swap) is a pr