Kaupthing Edge

[NoelWatson]

munky said:

It's quite easy to drive up prices on thinly traded CDS - and on Icelandic banks they are thinly traded.

Where did you get this info from, as I asked someone and he didn't think this to be the case?

[munky]

NoelWatson said:

munky said:

It's quite easy to drive up prices on thinly traded CDS - and on Icelandic banks they are thinly traded.

Where did you get this info from, as I asked someone and he didn't think this to be the case?

My brother is a credit trader.. also by speaking to a CDS market maker at a well known European bank.

[NoelWatson]

http://www.bloomberg.com/apps/news?pid=20601087&am...