But yougoon reflexively to stigmatizing weapons systems and call for unilateral U.S. restraints, so that maybe nobody else will think of the idea of doing something that they've obviously thought of and have a very profound interest in doing.
If things go well for U.S. Steel, the long equity position likely offsets whatever loss you would take on the CDS. U.S. Steel is far from immune to the price impact of Chinese demand, he says, and as a vertically integrated steelmaker it has exposure all along the process from iron ore to finished products.