Credit derivative: Difference between revisions
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*“Financial weapons of mass destruction” © Warren Buffett.<br /> | *“Financial weapons of mass destruction” © Warren Buffett.<br /> | ||
*“[[Credit risk mitigation technique]]s that fit into the [[Standardised Model of Credit Risk]] under the {{tag|Basel II}} framework.” © [[Basel Committee on Banking Supervision]]. | *“[[Credit risk mitigation technique]]s that fit into the [[Standardised Model of Credit Risk]] under the {{tag|Basel II}} framework.” © [[Basel Committee on Banking Supervision]]. | ||
*“Not [[insurance contract]]s” © Robin Potts QC. | |||
Well, the world don’t move to the beat of just one drum. | Well, the world don’t move to the beat of just one drum. | ||
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Revision as of 08:50, 3 August 2017
Who, why, which or what are credit default swaps (aka a CDSs)?
- “Financial weapons of mass destruction” © Warren Buffett.
- “Credit risk mitigation techniques that fit into the Standardised Model of Credit Risk under the Basel II framework.” © Basel Committee on Banking Supervision.
- “Not insurance contracts” © Robin Potts QC.
Well, the world don’t move to the beat of just one drum.