As I have previously shown, speculative derivatives (especially credit default swaps or “CDS”) are a primary cause of the economic crisis. They were largely responsible for bringing down Bear Stearns, AIG (and see this), WaMu and other mammoth corporations.
Why Are CDOs and Structured Notes Making a Comeback? | US News Opinion
Why Are CDOs and Structured Notes Making a Comeback? | US News Opinion
Hello, my name is Jack Sparrow. I'm a 50 year old self-employed Pirate from the Caribbean.
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