The Daily Double: Martin Mayer on CDS; Nouriel Roubini on the Banks
Once upon a time you dressed so fine You threw the bums a dime in your prime, didn't you? People'd call, say, "Beware doll, you're bound to fall" You thought they were all kiddin' you You used to laugh about Everybody that was hangin' out Now you don't talk so loud Now you don't seem so proud
How does it feel How does it feel To be without a home Like a complete unknown Like a rolling stone?
Bob Dylan "Like a Rolling Stone" (1965)
As we were preparing our remarks for the session today at American Enterprise Institute on credit default swaps, "Everything You Wanted to Know about Credit Default Swaps," our thoughts turned to the interview we did last year with Martin Mayer ('The Vigorish of OTC: Interview with Martin Mayer', June 12, 2008')
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