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Twilight Zone episode about a mutual fund that contains shares of itself
| Hideous trip range boiling water | 11/04/25 |
| magical demanding business firm background story | 11/04/25 |
| canary boyish native gunner | 11/04/25 |
| godcow | 04/24/26 |
| Dun costumed elastic band sneaky criminal | 11/04/25 |
| clear tank | 11/04/25 |
| ruinous phenotype | 04/24/26 |
| ruinous phenotype | 04/24/26 |
| godcow | 04/24/26 |
| ruinous phenotype | 04/24/26 |
| godcow | 04/24/26 |
| UN peacekeeper | 04/24/26 |
Poast new message in this thread
Date: November 4th, 2025 3:52 PM Author: Hideous trip range boiling water A man opens the prospectus and it describes him sitting there reading it. Then his eyes fall out of his head, also, he was actually Hitler all along. Discuss. (http://www.autoadmit.com/thread.php?thread_id=5793480&forum_id=2Reputation#49401628) |
Date: November 4th, 2025 3:53 PM Author: magical demanding business firm background story fuse it with this? https://en.wikipedia.org/wiki/12_Monkeys (http://www.autoadmit.com/thread.php?thread_id=5793480&forum_id=2Reputation#49401633) |
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Date: November 4th, 2025 3:58 PM Author: canary boyish native gunner covid sucked but it wasn't *that* bad (http://www.autoadmit.com/thread.php?thread_id=5793480&forum_id=2Reputation#49401652) |
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Date: April 24th, 2026 9:55 AM Author: godcow ? (http://www.autoadmit.com/thread.php?thread_id=5793480&forum_id=2Reputation#49839466) |
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Date: November 4th, 2025 3:58 PM Author: Dun costumed elastic band sneaky criminal (http://www.autoadmit.com/thread.php?thread_id=5793480&forum_id=2Reputation#49401653) |
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Date: November 4th, 2025 4:06 PM Author: clear tank (http://www.autoadmit.com/thread.php?thread_id=5793480&forum_id=2Reputation#49401678) |
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Date: April 24th, 2026 9:55 AM Author: ruinous phenotype (http://www.autoadmit.com/thread.php?thread_id=5793480&forum_id=2Reputation#49839467) |
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Date: April 24th, 2026 9:56 AM Author: ruinous phenotype imagine if a bond issuer sold credit default swaps on its own bonds (http://www.autoadmit.com/thread.php?thread_id=5793480&forum_id=2Reputation#49839470) |
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Date: April 24th, 2026 10:21 AM Author: godcow the bond issuer's name? H.P. Lovecraft (http://www.autoadmit.com/thread.php?thread_id=5793480&forum_id=2Reputation#49839535) |
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Date: April 24th, 2026 10:28 AM Author: ruinous phenotype Rating agency concerned by self-referenced credit derivatives Fitch Ratings said it expects to make “appropriate adjustments to liquidity and capital measures” for any company that purchases a self-referenced credit derivative.
By Risk Staff 15 Jan 2004 Topics Structured products Credit markets Foreign exchange More
Self-referenced credit-linked notes (CLN) involve a company selling protection on itself by purchasing a security that includes an embedded credit default swap (CDS), with the company as the protection seller and the reference entity. Fitch outlined its concerns in a report co-authored by analysts Roger Merritt, Ian Linnell and Robert Grossman, released today. According to Merritt, the rating agency’s primary concern is that CLNs and similar structured notes are correlated 100% to the credit profile of the company. "Liquidity and capital resources may be materially tied to a financial asset that has diminishing value at exactly the wrong time, when the company is under financial stress," said New York-based Merritt. Companies enter into self-referenced credit derivative transactions for a variety of reasons, including regulatory arbitrage. Self-referenced CLNs typically offer higher returns than similarly rated securities, particularly if a company is thinly traded in the single-name CDS market and demand for protection buying exceeds demand for protection selling. According to Fitch, investment in a self-referenced CLN has the potential to accelerate a company’s financial decline. Credit derivatives dealers Risk spoke to said this type of transaction has become increasingly common over the past two years. CLNs recently hit the headlines when it emerged that bankrupt Italian dairy company Parmalat had bought self-referenced notes with a notional value of tens of millions of pounds sterling. Copyright Infopro Digital Limited. All rights reserved.
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Date: April 24th, 2026 10:32 AM Author: godcow SRS owned 17.4 million shares and Pentwater, 7.8 million shares, as of March 25, according to the Avis proxy dated April 2. Avis has 35 million shares outstanding. SRS held 2.9 million shares via swaps and Pentwater, 10.2 million shares via swaps, the Avis proxy states. Including swaps, their total ownership is about 108% of Avis stock.
SRS is headed by Jagdeep Pahwa, who is also Avis’s executive chairman. |
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Date: April 24th, 2026 10:21 AM Author: UN peacekeeper (http://www.autoadmit.com/thread.php?thread_id=5793480&forum_id=2Reputation#49839536) |