Posts tagged as:


Fuzzy AIG math

October 28, 2009

A bit of out-of-context math from a recent Bloomberg article on AIG: The Federal Reserve Bank of New York, the regional Fed office with special responsibility for Wall Street, opened an $85 billion credit line for New York-based AIG. That bought it 77.9 percent of AIG and effective control of the insurer. The government’s commitment to […]

0 comments Read the whole post →

FRN's & negative duration

April 16, 2009

Floating rate notes (FRN's) can exhibit a curious property called negative duration.

11 comments Read the whole post →

The Crisis of Credit Visualized

March 2, 2009

This visualization of the credit crisis is fantastic:

0 comments Read the whole post →