{"id":9154,"date":"2008-11-18T00:00:00","date_gmt":"2008-11-18T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"cds-protection-buyers-on-lehman-to-get-their-cash","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2008\/cds-protection-buyers-on-lehman-to-get-their-cash.html","title":{"rendered":"CDS protection buyers on Lehman to get their cash"},"content":{"rendered":"<p>Reuters &#8211; Investors who bought protection against a Lehman Brothers default in the credit default swaps market have little to worry about getting paid on Tuesday, when an estimated $8 billion in cash payments on Lehman CDS come due. <\/p>\n<p>While these payments may push a few fragile hedge funds over the edge, analysts say, stringent collateral requirements mean most protection buyers will not be out of pocket.<\/p>\n<p>Comment has circulated in the markets and in the media that CDS counterparties may not be able to come up with the cash.<\/p>\n<p>&quot;The big issue is whether they (CDS) will be settled successfully,&quot; wrote ING rate strategist Padraic Garvey on Friday. &quot;The talk is that hedge funds sold protection on Lehman &#8230; well now they will have to cough up.&quot;<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/articlePrint?articleId=USLH15542620081017\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Investors who bought protection against a Lehman Brothers default in the credit default swaps market have little to worry about getting paid on Tuesday, when an estimated $8 billion in cash payments on Lehman CDS come due. While [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3785,117,96,131,83,3784,2416,3783],"class_list":["post-9154","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-five-men","tag-investment-arm","tag-lehman-brothers-holdings","tag-loans","tag-medallion","tag-redemption-requests","tag-soren","tag-venice"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9154"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9154\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}