Monday, December 26, 2011

Credit Default Swaps explained acutely in bristles minutes

Credit Default Swaps explained acutely in bristles minutes Tube. Duration : 5.13 Mins.


BBC Newsnight feature by Alex Ritson on Credit Default Swaps - until recently a little-known financial product that Lehmans Brothers, AIG and the Icelandic banks were up to their necks in. Could this be the black hole at the centre of the financial crisis?

Tags: credit default swaps, bbc, newsnight, Alex Ritson, Emily Maitlis, thebigscreen

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