Tags » Credit Default Swap

Some hilarious Paraprosdokians

First time I heard about paraprosdokians, I liked them. Paraprosdokians are figures of speech in which the latter part of a sentence or phrase is surprising or unexpected and is frequently humorous. 267 more words

Business

$14 Trillion Credit Insurance | Banks Going Extinct | Music for the Soul

  1. Why am I to believe that the market will take care of itself when I read about the conflicts present in a committee that drives much of what happens in the $14 trillion dollar credit insurance?
  2. 50 more words
News

BIG BANKS AGREE TO SETTLE CREDIT-DEFAULT SWAP LAWSUIT

Twelve large banks and two industry groups are preparing to pay $1.865 billion to settle an antitrust lawsuit that was brought by several large investor groups. 542 more words

JOYOU - China delivers non-joyous news!

Last week, Joyou AG defaulted and filed for insolvency. The part of the story that would surprise people, is the fact that the company published that it made strong profits in March. 697 more words

Default