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Month: December 2007

December 1, 2007
The Next Dominos: Junk Bonds and Counterparty Risk
Published in Peter L. Bernstein's Economics & Portfolio Strategy, December 1, 2007 Nearly a year before the collapse of Lehman Brothers, Ted details the massive imbedded leverage in the financial system through the opaque credit default swap market. He forewarns serious and inevitable risk in the credit markets. Click here to download publication
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