59 minutes ago
Citi
wopr
at
11/21/2008 09:20:00 AM
Could they be the one's with the most CDS exposure to the Big 3? Off balance sheet? Remember, over a trillion in CDS on GM alone... However, why on earth would CONgress put all this money in AIG/C/etc... then do a pre-packaged bankruptcy of the automakers which will pretty much wipe out all of that $180B? Just thinking outloud here.