Open AccessCredit Default Swaps: The Good, The Bad And The Ugly
Author(s) -
Terry Young,
Linnea McCord,
Peggy J. Crawford
Publication year - 2010
Publication title -
journal of business and economics research
Language(s) - English
Resource type - Journals
eISSN - 2157-8893
pISSN - 1542-4448
DOI - 10.19030/jber.v8i4.700
Subject(s) - span (engineering) , style (visual arts) , life span , medicine , literature , gerontology , art , engineering , civil engineering
Credit Default Swaps have been a major cause of problems to financial institutions during the current economic downturn. What is a CDS? Why was it developed? What went wrong? This paper discusses these questions.