Reading 53 is like a Greek tragedy article, starting, including, 347

yodacaia

Written in mid-2007, just before the s*** hit the fan.
It contains some quaint rebuttals to CDS criticisms starting on p. 347. (Hindsight is 20/20, of course.)
I’m curious as to what has happened to the CDS market since. Wikipedia has an interesting article, including a current chart of prices of sovereign CDSs.