"Since [the launch of series 1] they popped up as a dealer with fairly large exposures...Banks don't just open up their CDS books."

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"Since [the launch of series 1] they popped up as a dealer with fairly large exposures...Banks don't just open up their CDS books."

--Dave Klein, manager in credit indices at Credit Derivatives Research, on why Dresdner Bank was added late to the firm's Counterparty Risk Index, which had its first rollover last Wednesday.

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