During the past few weeks, millions of people ventured towards 2006 with honourable intentions to enact bold and sometimes hastily conceived New Year's resolutions. For many, the tradition is a well-travelled path paved with broken promises to exercise more, lose weight, stop smoking, cut down on alcohol, eat a healthier diet or make new friends. In early October last year, the major dealers in the credit derivatives industry, including JP Morgan, Goldman Sachs, Deutsche Bank, Morgan Stanley