Sunday, May 16, 2010

Venezuela is #1, California is #8

Top Ten Most Likely To Default.
Socialism, Liberalism and just plain old stupidity are tops on the list for the reasons for default.
These guys both fit the profile.




















Highest Default Probabilities
Entity Name Mid Spread CPD (%)
Venezuela 1037.87 50.48
Argentina 927.81 45.52
Greece 608.20 39.80
Pakistan 681.90 36.91
Ukraine 587.30 33.40
Dubai/Emirate of 440.15 26.16
Latvia, Republic of 340.12 20.96
California/State of 265.42 20.86
Sicily/Region of 263.40 20.38
Iraq 315.70 19.92