Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
If a CDS were actually treated like an insurance policy, it would not be tradeable.  The CDS could only be held by the buyer of a named beneficiary, and the payment obligation could be transferred only under highly regulated conditions.  But then no one would score an endless series of commissions.
by rifek on Fri Mar 16th, 2012 at 10:06:15 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

LQD - Long Term Covid: The Brain

by ATinNM - Jul 13
25 comments

Say No to Racism

by Oui - Jul 12
24 comments

England surrenders to Covid

by IdiotSavant - Jul 9
27 comments

UK Menaces Ireland

by Frank Schnittger - Jul 7
40 comments

Occasional Series