Untangling credit default swaps

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When the analysts and experts talk about the current financial crisis, they often refer to credit default swaps. So, what exactly is a credit default swap? Marketplace Senior Editor Paddy Hirsch goes to the whiteboard for this explanation.

Category: Education
Uploaded: October 8th, 2008 @ 7:31 pm
Author: AmericanPublicMedia

Length: 10:47
Rating: Whole StarWhole StarWhole StarWhole StarHalf Star
Views: 13,712

Tags: business creditdefaultswaps. financialcrisis marketplace money paddyhirsch

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