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Old 18-03-2008, 02:11 AM   #72 (permalink)
bkkandrew
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Moneyweek's Analysis of the Riskiest Banks:

As determined by credit default swaps:

Worst CDS Ratings:
1. Kaupthing 833.3
2. Kazkommerts 766.7
3. Glitnir Bank 757.5
4. IKB 612.4
5. Landsbanki 604.6
6. Banca Italease 397.0
7. VTB Bank 332.5
8. Anglo Irish Bank 322.7
9. HBOS 236.7
10. Sberbank 221.3
11. West LB 212.5
12. UBS 209.0
13. Natixis 205.0
14. Bank of Ireland 202.5
15. Allied Irish Banks 195.8
16. Dexia 195.0
17. RBS 191.7

In laymans terms, higher the CDS, the riskier it is to lend money to.

Even more layman:

Gentleman Scamp would be 1000, Dr Naam (on TV) would be 10... (no offence GMS)
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