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Will Credit Defaul Swaps Worsen Our Financial Problems? Pt2
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From : MiCasaMiDinero
Added: Oct 16, 2008
Part 2 Where the investments on subprime loans by banks and the investments of securities from these loans by Wall Street the culprits for today's financial crisis? More information at: sccrealestateuncensored.com/2008/financial-crisis-whose-fault-is-it/ or in Spanish: micasamidinero.com/2008/crisis-financiera-de-estados-unidos-quien-tiene-la-culpa/
Category : Education
Added: Oct 16, 2008
Part 2 Where the investments on subprime loans by banks and the investments of securities from these loans by Wall Street the culprits for today's financial crisis? More information at: sccrealestateuncensored.com/2008/financial-crisis-whose-fault-is-it/ or in Spanish: micasamidinero.com/2008/crisis-financiera-de-estados-unidos-quien-tiene-la-culpa/
Category : Education
Tags :
investment securities mortgage crisis credit financial wall street real estate market borrowed money investments subprime instruments unreliable loans standard poor's moody's corporation banks pension funds institutional international default swaps swap insurance unregulated contract capital reserves lehman brothers aig american group bear stearns jp morgan citigroup merrill lynch stanley goldman sachs government rescue private contracts ISDA derivatives association Robert Pickel uncensored
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Part 1 Where the investments on subprime loans by banks and the investments of securities from these loans by Wall Street the culprits for today's financial crisis? More ...
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Like a CDS, but the reference is a BASKET of several obligations. A 1st-to-default means that the basket is triggered when the first obligation defaults.
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