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Started By
Message
re: Coronavirus Disease 2019 (COVID-19) ***W.H.O. DECLARES A GLOBAL PANDEMIC***
Posted on 2/26/20 at 12:05 pm to WaWaWeeWa
Posted on 2/26/20 at 12:05 pm to WaWaWeeWa
quote:
I find it crazy that investors are betting on this type of thing, but I guess I shouldn’t be surprised.
It's crazy and genius at the same time, but also seems ripe for corruption.
0
Posted on 2/26/20 at 12:11 pm to WaWaWeeWa
quote:
I find it crazy that investors are betting on this type of thing, but I guess I shouldn’t be surprised.
Banks wanted money off gambling too I guess
Posted on 2/26/20 at 12:21 pm to WaWaWeeWa
Wow given how subjective the call is and how embittered the debates have been in the past on the timing of it...this won’t cause problems at all. Nope.
Posted on 2/26/20 at 12:28 pm to Volvagia
I’ve read that the red line is greater than 25 deaths in 2 countries. I don’t think it is dependent on a formal declaration of pandemic. But who knows, that’s just a rumor.
Posted on 2/26/20 at 12:36 pm to WaWaWeeWa
quote:
will default if WHO declares the coronavirus a pandemic
So what are the criteria for the WHO to declare a pandemic? Do they have exact numbers written down somewhere, or is this a judgment call?
This post was edited on 2/26/20 at 12:37 pm
Posted on 2/26/20 at 12:46 pm to boxcarbarney
How much money would Disney lose if workers tested positive for CV?
Posted on 2/26/20 at 12:52 pm to Malik Agar
quote:
How much money would Disney lose if workers tested positive for CV?
Disney is pretty near their bottom, stock has dropped from mid 140's to low 120's over the past week alone
Posted on 2/26/20 at 12:54 pm to Mizzoufan26
quote:Definitely not near their bottom. As with all stocks currently, still a lot left to fall IF this gets worse.
Disney is pretty near their bottom, stock has dropped from mid 140's to low 120's over the past week alone
Posted on 2/26/20 at 12:58 pm to TigerTatorTots
quote:
Definitely not near their bottom. As with all stocks currently, still a lot left to fall IF this gets worse.
It's already dropped 20% for a very valuable company that is time tested.
Posted on 2/26/20 at 1:04 pm to wdhalgren
quote:
So what are the criteria for the WHO to declare a pandemic? Do they have exact numbers written down somewhere, or is this a judgment call?
I doubt a contract that big just left it openended. But, the BP Oil Spill agreement was pretty bad.
Posted on 2/26/20 at 1:08 pm to WaWaWeeWa
So what you’re saying is... WHO will wait u til after June to call it a pandemic
Posted on 2/26/20 at 1:16 pm to WaWaWeeWa
Pass on World Bank.
I'll take my action to the the Beau Rivage.
I'll take my action to the the Beau Rivage.
Posted on 2/26/20 at 1:23 pm to LSUnation78
quote:
WHO will wait u til after June to call it a pandemic
They usually hold press conferences to say things that everyone knows already.
Posted on 2/26/20 at 1:38 pm to LSUnation78
quote:
So what you’re saying is... WHO will wait u til after June to call it a pandemic
Must be what China directed them to do
Posted on 2/26/20 at 1:51 pm to LSUnation78
quote:
So what you’re saying is... WHO will wait u til after June to call it a pandemic
I think they have more specific criteria to trigger a payout, but regardless waiting would benefit the bond holders. Declaring a pandemic now would benefit the World Bank.
I guess it depends on who is the “bad guy” in a potential conspiracy theory. The world bank or some WHO member who took out millions in bonds.
Regardless, $500 million isn’t much in the grand scheme of things. There are much easier ways for those types of people to make that kind of money.
This post was edited on 2/26/20 at 1:53 pm
Posted on 2/26/20 at 1:57 pm to WaWaWeeWa
I'm not sure default is the correct word. The world bank is gonna use those funds to pay countries in need instead of bondholders at maturity. Also it appears that they could get part of their money back in the event that all of the initial bond issue isn't used. It is an interesting concept. The class B bonds are paying 11.10 above 6 month Libor so roughly 13 percent. It isn't just for Corona viruses. There is a specific pandemic flu in the prospectus. On the class B bonds there are 4 other diseases included.
Posted on 2/26/20 at 1:57 pm to Mizzoufan26
quote:Time tested doesn't amount to much when theme parks are closed due to virus or a recession occurs. Not saying either will occur but saying a company has already dropped 20% so it can't go lower is just crazy.
It's already dropped 20% for a very valuable company that is time tested.
Posted on 2/26/20 at 2:01 pm to TigerTatorTots
quote:
Time tested doesn't amount to much when theme parks are closed due to virus or a recession occurs. Not saying either will occur but saying a company has already dropped 20% so it can't go lower is just crazy.
They're also dropping because the CEO that build the Disney we know of today stepped down. He oversaw the purchases of Pixar, Marvel, Fox etc. since 2005. They replaced him with the guy that ran the Disney parks and resorts side.
Posted on 2/26/20 at 2:57 pm to WaWaWeeWa
quote:
think they have more specific criteria to trigger a payout, but regardless waiting would benefit the bond holders. Declaring a pandemic now would benefit the World Bank. I guess it depends on who is the “bad guy” in a potential conspiracy theory. The world bank or some WHO member who took out millions in bonds. Regardless, $500 million isn’t much in the grand scheme of things. There are much easier ways for those types of people to make that kind of money.
The trigger event is determined by a third party private company - AIR Worldwide Corp out of Boston. According to Bloomberg, the riskiest tranche ($95MM) is selling for 60 cents on the dollar while the larger, safer tranche ($225MM) is selling near par. Not sure what makes either tranche riskier/safer.
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