Credit derivative: Difference between revisions

Credit derivative (view source)

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-“Financial weapons of mass destruction” © Warren Buffett.<br />
+Who, why, which or what are [[credit default swap]]s (aka a [[CDS]]s)?
-“a [[credit risk mitigation technique]] that fits into the [[Standardised Model of Credit Risk]] under the {{tag|Basel II}} framework.” © [[Basel Committee on Banking Supervision]].
+*“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]].
 Well, the world don’t move to the beat of just one drum.