A Beginner’s Guide to Credit Default Swaps (Part 2)

Introduction Part 1 of the 'Beginner's Guide to Credit Default Swaps' was written in 2007. Since that time we have seen what many are calling the greatest financial crisis since the Great Depression, and a global recession. Rightly or wrongly, some of the blame for the crisis has been attributed to credit derivatives and speculation … Continue reading A Beginner’s Guide to Credit Default Swaps (Part 2)

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