Tag: credit defualt swaps

• May 19, 2018

  Items in italics are direct quotes from the articles below http://markets.businessinsider.com/news/stocks/vatican-scathing-review-derivatives-credit-default-swaps-helped-cause-financial-crisis-2018-5-1024881738 The Vatican released a scathing 10,000-word review of the global financial system on Thursday, specifically calling out derivatives like credit default swaps, products credited with helping cause the global financial crisis a decade ago. Credit default swaps — or derivatives contracts designed to guarantee…

  jamesmachawk

  May 19, 2018