Welcome to my scrap book. These are collections which I gather when I browse the internet. The contents are copied from the websites and blogs I visited daily and are for my reference. None of them is my own. Hope you enjoy them as much as I do.
Thursday, November 20, 2008
The cost of credit-default swaps (CDS), or insurance against default, on Berkshire's debt has nearly tripled in two months and is wider than CDSs on many other insurance and financial firms, Bloomberg reports.