83,205
edits
Amwelladmin (talk | contribs) (Created page with "Not really any great comparisons here: this sort of event would be long since haver triggered a Cross Default under an ISDA for example (assuming the Default Requirement triggered the {{isdaprov|Threshold Amount}} for a {{isdaprov|Cross Default}} — though the Default Requirement would likely be a lot lower — a credit insuitution’s {{isdaprov|Cross Default}} threshold would be in the order of 3% shareholde...") |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
[[Governmental Intervention - Credit Derivatives Provision|Not]] really any great comparisons here: this sort of event would be long since | [[Governmental Intervention - Credit Derivatives Provision|Not]] really any great comparisons here: this sort of event would be long since have triggered a {{isdaprov|Cross Default}} under an ISDA for example (assuming the {{cddprov|Default Requirement}} triggered the {{isdaprov|Threshold Amount}} for a {{isdaprov|Cross Default}} — though the {{cddprov|Default Requirement}} would likely be a lot lower — a credit insuitution’s {{isdaprov|Cross Default}} threshold would typically be in the order of 3% shareholder equity which, even if distressed, would be higher than the USD10mm fallback amount embedded in a {{cddprov|Default Requirement}}). |