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Comments on: Credit Default Swaps
https://hughmcguire.net/2009/01/25/credit-default-swaps/
aging idealist. ai and education, open web, open publishing.Fri, 30 Jan 2009 09:46:00 +0000
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By: Accounting for Investments
https://hughmcguire.net/2009/01/25/credit-default-swaps/comment-page-1/#comment-7976
Fri, 30 Jan 2009 09:46:00 +0000https://hughmcguire.net/2009/01/25/credit-default-swaps/#comment-7976Undoubtedly the CDS outstanding as on date which is estimated to be well over $50 trillion is the next time bomb in the financial markets. Obama’s administration is astutely tackling this by moving CDS over to the exchanges and bring the same under a central clearing house.
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