Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. They can play a pivotal part in financial and investment industries, as they ...
The administration's blueprint for fixing the financial system contains a few words not exactly easy on the ears - credit default swaps. Credit default swaps are those financial instruments that got ...
NEW YORK, Jan 28 (Reuters) - The potential failure of bond insurer ACA Capital Holdings , which is struggling to make payments to some counterparties, may create confusion in settling contracts that ...
NEW YORK, Nov 20 (Reuters) - U.S. credit default swaps widened to record levels on Thursday that suggest investors anticipate the worst period of investment-grade corporate bond defaults since at ...
As Bear Stearns careened toward its eventual fire sale to JPMorgan Chase last weekend, the cost of protecting its debt, through an instrument called a credit default swap, began to rise rapidly as ...
The recent 7th Circuit ruling affirmed a decision by the Southern District of Indiana, applying New York law, to enjoin payment under a credit-default swap. If extended, the precedent may become a ...