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• 16:48, 25 October 2024 Amwelladmin talk contribs created page Talk:Cross default (Created page with "{{drop|C|ross Default is}} designed to cover the unique risks that come from ''lending money to people who have also borrowed heavily from other people, likely on better terms than you''. The basic vibe is: if any of this other borrowing becomes theoretically payable then I want the right to terminate my ISDA as well. Sounds simple, doesn’t it. Well: ride with me a while. ====Cross default’s origins in the loan market==== {{drop|C|ross default is}} an ancient conc...")