Credit Default Swap
Latest Credit Default Swap News
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Web Extra: Read an Excerpt of David Stockman's New Bookburst in September 2008, AIG's credit default insurance was shockingly exposed as safe government securities and bank CDs , the prime funds were also permitted money market sector had gone into CDs and other bank deposits, and that
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Biden Likens Republicans to 'Squealing Pigs'predatory lending to make sure the big banks don't threaten the economy with those risky financial schemes of credit default swaps , collateral debt obligations and all this other funny stuff that brought the economy down." Ryan Williams
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A year after downgrade, S&P's view on Washington unchanged
Treasury Mary Miller, is that the cost of buying insurance against a U.S. default, using derivatives called credit - default swaps , has dropped 18% since last August. This means the market has little doubt the U.S. will pay, Miller says
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Dimon blames JPMorgan's $2 billion loss on 'complacency'
becomes the collective responsibility of each and every American." JPMorgan's problem occurred in a portfolio of credit default swaps , which are designed to hedge against the risks of events such as the European debt crisis, Dimon said. In other
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Sen. Sanders: Fund Dental Care With Trading Taxtrading. The proposed tax, which would levy a $25 fee on every $10,000 of non-consumer trading such as credit default swaps , derivatives, and the sale and purchase of stocks and bonds, "would raise $288 billion over the next 10 years
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Probe of JPMorgan losses discussed at Senate hearing
billion in trading on complex securities known as credit - default swaps , designed to hedge risks of the financial giant's had a large position in a broad-based index of credit - default swaps . "It must really be a genuinely risk-mitigating
News
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JPMorgan: What's a Derivative and Why Should You Care?
to separate out the risk of the loan going bad from the loan itself, and out of that came this drive to develop credit default swaps ." Up until now those defending these synthetic derivatives have argued that JP Morgan bankers were smart enough
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JP Morgan Déjà Vu - There You Go Again Wall Street
This gets back to the topic no one wants to talk about, and possibly no one understands. Synthetic derivatives - Credit Default Swaps . There is a $700 trillion derivatives market, that is 10x larger than the GDP of the planet earth. How is such
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68 Congress Members: Gas Prices Spiked By Speculatorslobbyists who are trying to block any caps from ever being implemented on oil futures trading. The International Swaps and Derivatives Association and the Securities Industry and Financial Markets Association filed the lawsuits. They are currently
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The Global Note: Violence Near Damascus…Hostage Heads Home…Honor Killings…The Fold-Up Car
zone, according to a New York Times' analysis of the banks' financial disclosures. Interestingly, by using credit - default swaps , the five banks have cut their theoretical exposure to the troubled countries by $30 billion, to $50 billion
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Chestnuts, Jack Frost and Wall Street's Spring Bonusesmoney the individual in question contributed to the firm's bottom line. The MBA who comes up with the riskiest credit default swap generates huge fees that benefit the firm, but might well destroy its customers. In fact, it may harm many individual
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Democratic Rep. Speier: ‘Occupy Wall Street’ is ‘Taking a Page from the Arab Spring’
disturbed, and we all have to remember that we’re in this mess today because Wall Street got greedy. Because credit default swaps became the rage, because no one had any skin in the game, and so you were just churning and churning and churning
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10 Economic Lessons From Michael Lewis' Boomerangthe U.S. credit rating on Aug. 5, nor the political controversy of credit rating agencies' high marks of credit default swaps before the financial crash. You can find that in his previous book, The Big Short. Lewis does write that "one
Videos
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Economists Analyze the Marketwhere the government told you that. They're gonna backstop to debt because there's so much what's called CDS or credit default swap agreements against the dead. On Bear Stearns of the guy it was such a big counterparty trades that the government
that. They're gonna backstop to debt because there's so much what's called CDS or credit default swap agreements against the dead. On Bear Stearns of the guy it was such a big counterparty trades that the government had to -
JPMorgan Chase Admits to $2B Lossmorning. JPMorgan chase admits that it lost some two billion dollars in one trading portfolio since April 1. All on credit default swaps one of those complex financial instruments. Blamed in fact of the 2008 financial crisis CEO Jamie diamond known
two billion dollars in one trading portfolio since April 1. All on credit default swaps one of those complex financial instruments. Blamed in fact of the 2008 financial crisis CEO Jamie diamond known as the king of -
Roundtable II: This Week in PoliticsCan't agree. Those of us who understand with a rule should do would make it very clear a two billion dollar bet on credit default swaps and derivatives that actually serve no purpose is not what capitalism is about. Not what we should be back stopping
do would make it very clear a two billion dollar bet on credit default swaps and derivatives that actually serve no purpose is not what capitalism is about. Not what we should be back stopping at the -
Rep. Jackie Speier on 'Top Line'are deeply disturbed and we all have to remember that Britain's best today. Because Wall Street got Because credit default swaps became the rage because no one had skin in the game and so you just churning and churning and churning and you
to remember that Britain's best today. Because Wall Street got -- Because credit default swaps became the rage because no one had -- skin in the game and so you just churning and churning and churning and -
Stocks Skyrocket on European Debt Dealonly have good if you want there that that's the real problem because a lot of the banks bought what's called credit default swaps insurance. So that if this happens if they had that they can discount that could collect insurance that its net
the real problem because a lot of the banks bought what's called credit default swaps -- insurance. So that if this happens if they had that they can discount that could collect insurance that its net down. -
ABC News Updatehave to do it if you'll want to that that's the real problem because a lot of the banks bought what's called credit default swaps or insurance. So that if this happens if they had to the discount that could collect insurance pretty much that
the real problem because a lot of the banks bought what's called credit default swaps or insurance. So that if this happens if they had to -- the discount that could collect insurance -- pretty much that -
Mideast Unrest and the Marketsnow the unrest in is perhaps having an impact on the Saudi Arabian markets we're seeing some action in their credit default swaps that is to say insurance against that that their bonds stopped performing in Saudi Arabia. Now you see that that
impact on the Saudi Arabian markets we're seeing some action in their credit default swaps that is to say insurance against that that their bonds stopped performing in Saudi Arabia. Now you see that that the costs
