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Is the Crystal Ball Clearing? | 148 comments (147 topical, 1 editorial, 0 hidden)
Re: That, yes... (4.00 / 3)
You can transfer credit risk, but you cannot hedge it.

Because, unlike market (price) risk, which is anonymous, credit risk is associated to a particular counterparty.

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman

by Carrie (migeru at eurotrib dot com) on Mon Mar 12th, 2012 at 04:49:07 PM EST
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Is the Crystal Ball Clearing? | 148 comments (147 topical, 1 editorial, 0 hidden)
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