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bypass31610 karma

Good thing I have securities registered in my name with a transfer agent and enjoy the laws for stockhodlers instead of the terms of service with a broker who will fuck me over to protect the well connected.

whydrs.org

bypass3165 karma

so swaps just disappear if "a party" goes under?

bypass3165 karma

and CS still holds the counterparty short positions those swaps were made on right?

bypass3162 karma

Thanks for adding this information, that is what I found as well, I wonder why the user I replied too us so confident Credit Suisse had no issues as a result of having massive swap contract hedges open without a counter party.