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发表于 2009-7-7 11:30 PM
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also how the "credit exposure" is calculated remains unknown from the picture. There are many many many ways to figure "credit exposure".
if we are talking about CDS alone, there has been a significant change on how CDS is traded, namely "points upfront", and the counterparties now bear less risks than before. However, for some of the "credit exposure" calc it will make it look the same.
anyway, 这些玩意儿看看就好不必当真。1Q 早就是过去时了。 |
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