National News
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Ex-CEO Greenberg Warns AIG Running Out of Time to Be Saved
National News • October 31, 2008
Maurice "Hank" Greenberg, the former American International Group Inc. chief executive, says the terms and conditions surrounding a government rescue loan are pushing the insurer closer to ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: RE: RE: RE: RE: RE: RE: Whaaaahhhh! | Herd | Nov 6, 2008, 11:38 am |
| RE: RE: RE: RE: RE: RE: RE: Whaaaahhhh! | Brokette | Nov 6, 2008, 11:13 am |
| RE: RE: RE: RE: RE: RE: Whaaaahhhh! | DD | Nov 6, 2008, 6:45 am |
| RE: RE: RE: RE: RE: RE: Whaaaahhhh! | Buckeye | Nov 5, 2008, 6:45 am |
| RE: RE: RE: RE: RE: Whaaaahhhh! | nobody important | Nov 4, 2008, 5:00 pm |
| RE: RE: RE: RE: Whaaaahhhh! | DD | Nov 4, 2008, 3:19 pm |
| RE: RE: RE: Whaaaahhhh! | Buckeye | Nov 4, 2008, 7:07 am |
| RE: RE: Whaaaahhhh! | DD | Nov 4, 2008, 6:21 am |
| RE: Whaaaahhhh! | Buckeye | Nov 3, 2008, 2:08 pm |
| Whaaaahhhh! | DD | Nov 3, 2008, 12:31 pm |
| RE: Brokette | Brokette | Nov 3, 2008, 8:56 am |
| RE: Where'd The Money Go? | Steve | Nov 3, 2008, 6:50 am |
| RE: Whos calling the shots | Bill | Oct 31, 2008, 11:00 pm |
| Brokette | Bill | Oct 31, 2008, 10:49 pm |
| RE: RE: Where'd The Money Go? | stckbyr | Oct 31, 2008, 7:05 pm |
| RE: Where'd The Money Go? | fred | Oct 31, 2008, 5:24 pm |
| Hank Greenberg | AZInsMan | Oct 31, 2008, 4:51 pm |
| Just know the facts.. | yussel | Oct 31, 2008, 4:31 pm |
| Prez Bama | Sarah | Oct 31, 2008, 4:16 pm |
| RE: RE: Why is credit so hard to get....you're an idiot | Baxtor | Oct 31, 2008, 4:12 pm |
| RE: Why is credit so hard to get....you're an idiot | Brokette | Oct 31, 2008, 3:52 pm |
| Why is credit so hard to get....you're an idiot | Baxtor | Oct 31, 2008, 3:48 pm |
| Why did Greenberg leave? | David | Oct 31, 2008, 3:31 pm |
| Where'd The Money Go? | cmc, jr | Oct 31, 2008, 3:01 pm |
| RE: RE: the demise of AIG | Eric the Actor | Oct 31, 2008, 2:28 pm |
| Bill | jjwiedem | Oct 31, 2008, 2:24 pm |
| RE: the demise of AIG | barb wired | Oct 31, 2008, 2:20 pm |
| RE: RE: Confused | nobody important | Oct 31, 2008, 2:05 pm |
| RE: Short supply | Spelling Bee | Oct 31, 2008, 1:41 pm |
| Short supply | Mongoose | Oct 31, 2008, 1:24 pm |
| RE: Loan default | Brokette | Oct 31, 2008, 1:18 pm |
| Loan default | Bill | Oct 31, 2008, 1:05 pm |
| AIG Loan | Glo | Oct 31, 2008, 12:59 pm |
| JC | Bill | Oct 31, 2008, 12:59 pm |
| RE: RE: Confused | TwoCents | Oct 31, 2008, 12:50 pm |
| RE: Confused | Bill | Oct 31, 2008, 12:48 pm |
| RE: Confused | JC | Oct 31, 2008, 12:43 pm |
| Can you spell? | Spelling Bee | Oct 31, 2008, 12:37 pm |
| Confused | TwoCents | Oct 31, 2008, 12:33 pm |
| Back to article | ||
Subject: RE: Where'd The Money Go?
When the "value" of the CDS changes, the seller posts collateral (like case reserves) in escrow for the benefit of the counterparty. The money sits there until such time as the CDS settles. If the value of the CDS comes back (ie if the mortgage payments exceed current pessimistic market expectations) the collateral is reduced. If not, then the collateral is used to pay the counterparty.