http://www.rooshv.com/2008/credit-default-swaps-for-dummies
Mike Tintner wrote:
So can *you* understand credit default swaps?
"Here's the scary part of today's testimony everyone seems to have
missed: SEC chairman Chris Cox's statement that the Credit Default
Swap (CDS) market is "completely unregulated." It's size? Somewhere in
the $50 TRILLION range."
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agi
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agi
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