" Lehman's cost of five-year credit protection for $10 million of bonds was at $87,500 Friday, compared with $100,000 a day earlier. Credit protection on Merrill Lynch & Co. (MER) and Goldman Sachs Group Inc. (GS), however, traded wider Friday at $87,500 a year, compared with around $80,000 a day earlier. " So I get 5 years of protection for a stinking 100k? The bonds kick out 500k a year interest. Seems mighty cheap to me if I have this right. If thats the right figure and the protection is good, who cares if it ticks up 10 or 20 k, thats almost nothing. Anyone know the scoop?