Credit Default Swaps: The Good, The Bad And The Ugly

  • Young T
  • McCord L
  • Crawford P
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Abstract

Credit Default Swaps have been a major cause of problems to financial institutions during the current economic downturn. What is a CDS? Why was it developed? What went wrong? This paper discusses these questions.

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Young, T., McCord, L., & Crawford, P. J. (2010). Credit Default Swaps: The Good, The Bad And The Ugly. Journal of Business & Economics Research (JBER), 8(4). https://doi.org/10.19030/jber.v8i4.700

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