Whiteboard Credit default swaps Marketplace
Whiteboard

Untangling credit default swaps

Paddy Hirsch Oct 8, 2008
Whiteboard Credit default swaps Marketplace

When the analysts and experts talk about the current financial crisis, they often refer to “credit default swaps.” So, what exactly is a credit default swap? Marketplace Senior Editor Paddy Hirsch goes to the whiteboard for this explanation.

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