How do credit default swaps work?

Apr 30, 2009 · 21m 31s
How do credit default swaps work?
Description

In theory, credit default swaps are simply insurance against failed investments. In reality, these swaps can quickly get complicated. Tune in to this podcast from HowStuffWorks.com to hear Josh and...

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In theory, credit default swaps are simply insurance against failed investments. In reality, these swaps can quickly get complicated. Tune in to this podcast from HowStuffWorks.com to hear Josh and Chuck demystify credit default swaps.
show less
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Author HowStuffWorks.com
Organization HowStuffWorks.com
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