therecruit

Black Swan Wrote:
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> Ok, ignore the z score someone mentioned. Noone
> uses that any more. Desk jockey and will
> Succeed are generally right. You were also right
> to mention equity an CDS is a pretty important
> indicator of market perception as well. Equity is
> somewhat important as an indicator as it is your
> first line of defense against losses. However,
> sometimes things like an additional public
> offering will lower existing equity prices but
> boost binds as you now have higher protection.
> Also get familiar with liquidity and solvency /
> coverage metrics. Job sounds sweet man. Keep us
> posted.


*ahem* z-SPREAD. z-score is for stats ))))))). at least i remember something from level I