Credit Default Swaps and Main Street – ValueWalk Premium

Credit Default Swaps and Main Street

Being blamed for such things as the 2008 financial crisis, exacerbating the Greek credit crisis, and the culprit behind the recently reported $2 billion JPMorgan Chase & Co. (NYSE:JPM)  loss hasn’t helped credit default swaps (CDS) in gaining good respect (my guess is that there’s a lot of respect out of fear).  Although, at times, it may be true that CDS can be . . .

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