General Electric (GE): Kobayashi Maru
March 04, 2009 at 12:04 PM EST
Credit default swaps on GE Capital traded as wide as 20 points up front area this morning. For some color on what this means, in the days following Lehman’s collapse, Goldman Sachs never traded this wide and Morgan Stanley might have ticked this wide, but only for a day or two. In my opinion there are [...]