Matt Levine, Columnist

Another Weird Deal Upsets CDS Traders

Also singing CEOs, banks and guns, bacoin and air-cooled Porsches.

May 1, 2018 at 9:59 AM EDT

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Orphan CDS.

Man, what a great time it is to be alive, if you like counterintuitive credit-default-swap structuring. Here’s the latest, from Bloomberg’s Sridhar Natarajan:

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