![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgKlpsF-yn4oe0wymI51Z_aSWy368AODH7aFSTBRsvss_Ui7GW2fu8nX54obVZc3w_CQqbS8KTUcsQX8ous-LWxXveX7niPE4QJ9y6GQUHsm4RQGZmQqUu62f45FvgPf5N-zNHmNXBxpXw0/s400/ge+logo.jpg)
It costs $7 million to insure $10 million in GE Capital debt for ten years. GE Capital credit default swaps require a $2 million up front payment, followed by $500,000 a year for ten years. The week Hank Paulson yelled fire to Congress, Wall Street investment house CDS's behaved wildly. Should we expect another emergency declaration?