Greek Sovereign CDS and the ISDA By DANIEL DICKER OCT 27, 2011 11:21 AM EDT After all the problems they’ve caused, the latest discussions I hear on CNBC arguing the need to maintain “market integrity” in sovereign debt credit default swaps borders on the insane………………….Let it NOT be reliable, let it die, back to the dustbin of bad, bad, BAD financial engineering that has done nothing but made things worse for everyone.
http://realmoney.thestreet.com/updates-and-conversations#greek-sovereign–20111027
DANIEL DICKER [bio copied from realmoney.thestreet.com
Dan Dicker has been a floor trader at the New York Mercantile Exchange with more than 25 years of oil trading experience. He is a licensed commodities trade adviser.
Dan is currently President of MercBloc LLC, a wealth management firm and is the author of “Oil’s Endless Bid”,published in March of 2011 by John Wiley and Sons.
Dan Dicker has appeared as an energy analyst since 2002 with all the major financial news networks. He has lent his expertise in hundreds of live radio and television broadcasts on CNBC, Bloomberg US and UK and CNNfn.