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Arneson Stidgeley
1 Comment
Why Wall St. Needed Credit Default Swaps [view article]
The article says, "...CDOs, the so-called CDSs (credit default swap). The CDS is an instrument used to transfer the credit risk of the underlying CDO.."---------------
I thought CDSs related to bonds, not CDOs - or have I missed something?
Apr 24 11:51 AM