Untangling credit default swaps
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.
marketplace business money creditdefaultswaps. financialcrisis paddyhirsch
Author: AmericanPublicMedia
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Uploaded: October 8th, 2008 @ 7:31 pm
Duration: 10:47