[politicket]

And you will continue to spread the same FUD regarding CDS despite the fact that I have given you the real deal.

You have given me nothing my FRiend.

As our fellow readers will attest, you specifically stated that very few CDS contracts are settled.

I want you to give me hard proof of your assertation as it applies to these failed institutions:

Bear Stearns
Fannie Mae
Freddie Mac
Lehman Brothers
AIG
Merrill Lynch
Washington Mutual
Wachovia
National City Bank

I'll be waiting...

[wideawake]

you specifically stated that very few CDS contracts are settled

I never said that.

I'll be waiting...

Uh-huh.

The fact that bonds for a number of these companies are still quoted and traded, even though the conditions exist for CDS settlement, shows that a substantial number of contracts did not settle - otherwise there would be no reason to quote or trade the bonds.

And I have given you a number of market-based reasons for why a market would be.

Reasons which apparently you cannot understand or discuss intelligently.

Your sky-is-falling scenario of utter collapse is not borne out by actual trading activity in the secondary markets.