LII.org (Home) About LII     IPL.org     Suggest a Site     Subscribe to New This Week     Contact
Librarians' Internet Index - Websites You Can Trust

Search Help



print email comment close window

Credit Default Swaps: The Next Crisis?
URL: http://www.time.com/time/business/article/0,8599,1723152,00.html

Description:
This March 2008 article discusses the possibility of financial crises involving credit default swaps (CDS), "insurance-like contracts that promise to cover losses on certain securities in the event of a default." Discusses history of CDS and the "potentially even wider ramifications nationwide than the subprime crisis" resulting from a meltdown in the CDS market. From Time magazine.

LII Topics: Insurance, Investing, Stocks

Author:
Morrissey, Janet

Publisher:
Time Inc.

Extra Keywords
collateralized debt obligations

LII Database Information:
Record 26941 created by Jennifer English on 09/22/2008
Last modification on 09/22/2008
Published: 09/24/2008  
Funding agency: California State Library
LII Item ID: http://lii.org/cs/lii/view/item/26941

Home | About | IPL.org | Suggest a Site | New This Week | Contact