246 to 792 in a single day

This is what happened as the banking crisis gathered pace. The CDS spreads measuring default risk on Bear Stearns debt rocketed from 246 to 792 in a single day on March 13 amid - untrue - rumours that the broker was preparing to invoke bankruptcy protection

http://www.nakedcapitalism.com/2008/03/did-fed-prevent-financial-chernobyl.html

Gordon has shared a link with you.



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