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Template:M summ Credit Derivatives 4: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "Essentially a synthetic, limited, version an {{isdaprov|Event of Default}} on a specified “{{cddprov|Reference Obligation}}”, a {{cddprov|Credit Events}} trigger credit derivatives, justifying payout under a credit default swap, a form of credit protection insurance<ref>“IT IS NOT INSURANCE FOR CRYING OUT LOUD,” cried Robin Potts Q.C. <br>“All right, all right, keep your hair on” the JC replied. “But is it a lot ''like'' ...") |
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Essentially a synthetic, limited, version an {{isdaprov|Event of Default}} on a specified “{{cddprov|Reference Obligation}}”, a {{cddprov|Credit Events}} trigger [[credit derivative]]s, justifying payout under a [[credit default swap]], a form of [[credit protection insurance]] | [[4 - Credit Derivatives Provision|Essentially]] a synthetic, limited, version an {{isdaprov|Event of Default}} on a specified “{{cddprov|Reference Obligation}}”, a {{cddprov|Credit Events}} trigger [[credit derivative]]s, justifying payout under a [[credit default swap]], a form of [[credit protection insurance]]. | ||
“IT IS NOT INSURANCE FOR CRYING OUT LOUD,” cried [[Potts opinion|Robin Potts Q.C.]] | |||
“All right, all right, keep your hair on” the [[JC]] replied. “But is it a lot ''like'' [[insurance]].” | |||
Once upon a time, being a [[credit derivative]]s expert was very, ''very'' sexy: since the middle of 2007, it has been more of a dark stain, buried deep on your CV, that only comes out late at night when you are deep into the whiskey, the bitter tears flow about how it might have been as an immediate prelude to transgressing the [[Schwarzschild radius of alcohol consumption]], whereupon the pain goes away, everything goes fuzzy and you atomise into the background [[Entropy|entropic]] radiation of the [[boredom heat-death]] of the universe. | Once upon a time, being a [[credit derivative]]s expert was very, ''very'' sexy: since the middle of 2007, it has been more of a dark stain, buried deep on your CV, that only comes out late at night when you are deep into the whiskey, the bitter tears flow about how it might have been as an immediate prelude to transgressing the [[Schwarzschild radius of alcohol consumption]], whereupon the pain goes away, everything goes fuzzy and you atomise into the background [[Entropy|entropic]] radiation of the [[boredom heat-death]] of the universe. | ||