Lehman CDS

So.. Kedrosky... not particularly a partisan in all this.

Says the funds transfer on the LEH defaults is 6 billion

The Deposit Trust & Clearing Corporation folks do some weekend working debunking myths about credit default swaps (or, as I like to call them, rodents of unusual size). Among other things, the DTCC says that net Lehman-related CDS fund transfers will be closer to $6-billion

this comes from the DTCC... here.... Obviously hat tip to Kedrosky

What would I do If I had to research for myself.

One worry down..... about 12 to go.. but the rest of the defaults should be less...

I wonder how many CDS there are on Iceland.