| 1 | Some say it should even have forced Goldman to settle the outstanding positions at a discount. | |
| 2 | You have to manage your risk positions with the assumption that a lot of things can go wrong quickly and at once. | |
| 3 | When "contagion" spreads, it is sometimes best to step aside and reduce positions because psychology and emotions can also spread - causing markets to move past any "reasonable" level. | |
| 4 | According to the Bank for International Settlements, the proportion of net CDS positions to government debt is highest in Portugal, at just 5%. | |
| 5 | According to the Bank for International Settlements, the proportion of net CDS positions to government debt is highest in Portugal, at just 5%. |