Hickey and Walters ( Bespoke ) submit: Below we highlight default risk charts as measured by 5-year credit default swap prices for Lehman Brothers (LEH) and Merrill Lynch (MER). We also include each company's stock price. As shown, default risk has increased significantly for both LEH and MER this week, and it is quickly approaching the highs reached in March. While CDS prices aren't at their March highs yet, the stocks are much lower than they were then. Complete Story » ...
Anytime
Hickey and Walters ( Bespoke ) submit: Below we highlight default risk charts as measured by 5-year credit default swap prices for Lehman Brothers (LEH) and Merrill Lynch (MER). We also include each company's stock price. As shown, default risk has increased significantly for both LEH and MER this week, and it is quickly approaching the highs reached in March. While CDS prices aren't at their March highs yet, the stocks are much lower than they were then. Complete Story » ...