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What is a credit default swap? (Washington Post)

March 10th, 2010

More info…
That’s part of what Greece’s prime minister, George Papandreou, blames for his country’s financial crisis. A credit default swap is a form of insurance on bonds that investors buy and sell. When it looks like a bond issuer might have trouble paying, its CDS prices soar because the bonds are more…

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This entry was posted on Wednesday, March 10th, 2010 at 12:40 pm and is filed under Credit, Credit Repair, Payday Loans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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