Exposing Ideas to the Envelope of Serendipity

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Wednesday, March 4, 2009

right now GE is doing worse than LEH

credit default swaps traded as wide as 20 points on GE Capital today. If I recall correctly LEH traded this wide after going sub $1 and I do not think other institutions ever got this bad, AND have their price still trading over $5. 

hmmmm, could GE actually go bankrupt?
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