Credit Swap Risks

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Jan 31, 2008 8:17 pm

The following link describes one of the risks with credit swaps. Although it's a little detailed, I think it's very interesting and disturbing at the same time. Take the time to read and understand its implications, then impress your clients and prospects.

 
http://overhedged.blogspot.com/2008/01/little-noted-case-regarding-credit.html
Jan 31, 2008 8:46 pm

Good read.  That is a $45,000,000,000,000 house of cards.   The powers that be will do anything and everything to keep the system afloat. Information travels at lightspeed.  Time will tell.