tag:blogger.com,1999:blog-6616959642391988608.post7790247786739539575..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Once burned, twice shy?Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6616959642391988608.post-67578444948529459512011-08-08T16:42:16.588-07:002011-08-08T16:42:16.588-07:00If those bone head banks wrote insurance on fragil...If those bone head banks wrote insurance on fragile Euorpean debt, they need to have the capital to protect themselves from a down turn. If they don't, their execs should do serious jail time. <br />Also, Scott thank you for the great analysis what a guts call at panic time.<br />Ron Zronraschhttps://www.blogger.com/profile/14708698068353771219noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-19161064763585198172011-08-05T17:52:31.857-07:002011-08-05T17:52:31.857-07:00I'm over my head in commenting here. But I und...I'm over my head in commenting here. But I understand that large U. S. banks have "insured" some of the debt of the PIIGS countries by providing defaults swaps. I am wondering: have the default swaps on large U. S. banks widened suggesting that there is concern about their risk in providing such "insurance".<br /><br />Scott, I may have my terms wrong but I hope that you Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.com