Comex Comix

To deal with the looming specter of Credit Default Swaps imploding like subprime mortgages, one proposal is to centralize the clearing of these transactions through the Chicago-based Clearing Corporation. Chief operating officer of the Clearing Corporation is Kevin McClear.

The move is favored by Mr. McClear and by two of his board members, Dudley Do-Right and Mr. Goodwrench.

1 Comment »

1. Vintage Al! Bravo

   Comment by mike — April 28, 2008 @ 11:17 pm

RSS feed for comments on this post. TrackBack URI

Leave a comment

Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>