I read in newspaper last night that Maquary could have tough times ahead!
That article in "The australian Monday 2 September 2008" titled: "Credit Suisse backs Macquarie with some reservations" reports that Credit Suisse lended Au $8.8 billion to Maquary (inter-company loan) and that Maquary 'COULD' encounter some risk on their way.
Anyway can't say anymore as this article would need to be scan and post in here. Unfortuantely am in the office and there is no scan.
But yes, what could happen to CDS if Maquary had rough times ahead??
CDS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held