Wednesday, December 10, 2008
Tribune default: net outstanding

Tribune defaulted the other day - the CDS has been distressed for a while so it wasn't news

http://www.reuters.com/article/americasDealsNews/idUSTRE4B76FJ20081208

but I remembered that I could check the net notional

http://www.noelwatson.com/blog/PermaLink,guid,29cf957c-63a7-4e53-a842-e60f2b6744ad.aspx

which was around $1.6 bn last month - slightly above average for a top 1000 entity, but well below the $6bn of Lehman

http://www.noelwatson.com/blog/PermaLink,guid,cbbb4a7a-4a20-4de9-9f1f-d458f483c938.aspx
Wednesday, December 10, 2008 3:38:48 PM (GMT Standard Time, UTC+00:00)  #    Comments [0]  |  Trackback
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