Re:US Job Openings Decline to Lowest Level in More Than a Year
by ElevenLathe on Wednesday January 07, 2026 @01:10PM
(#46530098)
Even if you can find someone to write you a weird, bespoke (and therefore expensive) derivative to hedge against the Trump DoT revoking thousands of CDLs, you've still only succeeded in moving all these calculations and risks to that counterparty. Somebody somewhere still has to have the headache of pricing this risk.
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Re:US Job Openings Decline to Lowest Level in More Than a Year
by lesuorac on Wednesday January 07, 2026 @01:29PM
(#46530431)
The insurance company can also just go bankrupt if they priced it incorrectly and then your hedge is worthless.
Re:US Job Openings Decline to Lowest Level in More Than a Year
by nerdsniper on Wednesday January 07, 2026 @07:36PM
(#46535417)
Ideally a reinsurer would be on the hook at that point.