GMAC LLC CDS spreads widened considerably today to 1,847.45 basis points, an increase of 241.69 basis points, or 15.05%. (See here.) Only GM CDS widened more today. Blame the threat of a GM bankruptcy.
GMAC LLC CDS spreads widened considerably today to 1,847.45 basis points, an increase of 241.69 basis points, or 15.05%. (See here.) Only GM CDS widened more today. Blame the threat of a GM bankruptcy.