Oct 16, 2009
Derivatives: An explanation
Credit default swaps? They're complicated — and scary! The receipt you get when you pre-order your Thanksgiving turkey? Not so much. But they have a lot in common: They're both derivatives. Senior Editor Paddy Hirsch explains.
Whiteboard Derivatives
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Credit default swaps? They’re complicated — and scary! The receipt you get when you pre-order your Thanksgiving turkey? Not so much. But they have a lot in common: They’re both derivatives. Senior Editor Paddy Hirsch explains.
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