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Loan Modification

: Mortgage Lender Implode-o-Meter

Containment Fails: European CDS Explode As Market Looks To Future Bail Outs, Bank Runs

By Implode-Explode Heavy Industries

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" CDS of all non Greek PIIGS are now blowing out, and represent the top 4 names of all biggest CDS wideners for the day, each pushing a 10%+ change from yesterday. This movement wider will not stop until the IMF resolves to backstop all the PIIS "

Full post as published by Mortgage Lender Implode-o-Meter on May 04, 2010 (boomark / email).

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