Value Investing News

With today’s news regarding the Bear Stearns buyout, the markets were certainly volatile, with some large sell-offs for Lehman Brothers (LEH) and MF Global (MF). I was more interested in the performance of the credit default swaps that are held in the portfolios of Odyssey Re (ORH) and Fairfax Financial Limited (FFH). So far things are looking good and we should see both of these companies thrive as a result of the current turmoil.

• http://streetcapitalist.com/2008/03/17/credit-default-swaps-in-todays-markets/ (0)