Twice yearly rolls would do little to boost CDS liquidity, says survey
Market users want the impossible, finds Citi survey on single name liquidity
I would like Barney, Frank, Volker and other regulators to be held accountable for the fall out from the 2015/2016 financial crisis they've created. These brain childs have destroyed liquidity, terminated who knows how many number of jobs, made the overall system more fragile and suspect to shocks - proof here is the lengths the FOMC has gone to to calm markets incessantly in the face of sell offs and/or corrections over the past 6+ years. Politicians scream & cry its the banks' fault. To me this is absurd - regulators, monetary and moronic fiscal policy (such as penalizing banks if they didn't lend to sub-prime borrowers) are to blame much more than banks. It is a doomsday prediction or scare tactic but simply watch what unfolds into year end and next and point the finger at the morons in Washington starting with Barak Obama - who has seemingly done everything in his power to destroy free markets and capitalism in the United States for the sake of votes.
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Comment by: Anonymous. Posted 8 years ago [2015-06-05 11:54:37]