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October 19, 2008 · 9:01AM

Markets Brace For Lehman CDS Payouts

The Depository Trust and Clearing Corp. estimates that protection sellers will have to deliver just $6 billion in payouts for $72 billion in credit default swap insurance on Lehman Brothers’ debt.  However, other analysts estimate the payout could range from $100 billion to $600 billion. (Financial Week)




Categories: Business & Finance Today · Financial Services · Markets, Economic News

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