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


$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?
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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


Credit Default Swap In Forex Market

The credit default swap (Credit event/default swap, CDS) is an agreement according to which the buyer of a swap pays to the seller the stipulated award for opportunity to get profit if the credit agreement provided with this swap isn’t extinguished or in case of other caused event. 214 more words


Credit Default Swap

A Credit Default Swap (CDS) is a derivative contract between two parties, a credit protection buyer and credit protection seller, in which the buyer makes a series of cash payments to the seller and receives a promise of compensation for credit losses resulting from the default of a reference entity.

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Missed Connections

The red fedora at Waterloo Station

You were dashing through Waterloo station when your hat fell off. I picked it up before it got trampled. Was it just me? 452 more words