credit default swaps
Aug 28, 2012
Marketplace's senior producer of personal finance breaks down economics plainly and simply in his new book, "Man vs. Markets."
May 11, 2012
Big bets on an obscure index lay at the heart of JPMorgan's losses this week. Sr. Producer Paddy Hirsch explains how an index of CDS works.
Apr 6, 2012
A financial trader known as the "London Whale" is making a splash on Wall Street, taking a huge bet worth possibly tens of billions of dollars on corporate credit default swaps.
Mar 9, 2012
In Greece, private investors have agreed to write off about 75 percent of their loans to the country.
Feb 28, 2012
Yesterday, Standard & Poor's downgraded Greece's credit rating to "selective default." It's a move that everyone expected, but what's the difference between that and the messy default it was trying to avoid?
Oct 8, 2008
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.