Credit derivative: Difference between revisions
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{{Layman|Credit default swap}} | |||
Who, why, which or what are [[credit default swap]]s (aka a [[CDS]]s)? | Who, why, which or what are [[credit default swap]]s (aka a [[CDS]]s)? | ||
Revision as of 18:06, 16 March 2018
“Credit default swap” as explained to my neighbor Phil
Financial concepts my neighbour Phil was asking about when I borrowed his mower.
Index: Click ᐅ to expand:default swap_-_layman&action=edit Edit 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.