Untangling credit default swaps

When the analysts and experts talk about the current financial crisis, they often refer to credit default swaps. So, what exactly is a credit default swap? Marketplace Senior Editor Paddy Hirsch goes to the whiteboard for this explanation.

Category:

Education

Tags:

• Marketplace
• business
• money
• creditDefaultSwaps.
• financialCrisis
• PaddyHirsch

[HellaRandomVideos]

paddy you forgot to say it so i'll say it for you. and because of that it "leaves all of us badly needing a drink"

[malangope]

Then let the companys that made these foolish contracts go down with them and don't bail them out with the tax payers money.

[paulio2293]

man i wish he would stop drawing such elaborate fucking cartoons, he could condense the videos into half the time

[high5flyer]

Can you make an asset backed security from the premium of a credit default swap?

[mortucaddu]

Genius, i dont have any education in finance, i am not so good in english but you are very very clear. BRAVO. why teachers are not like you man.

can you please suggest any video finance course for beginners? I will be delighted for that.

thanks man.

[penfro]

Great explanation - thank you

[robrown1]

Raise capital, negotiate secondary trades of equity, debt, and other assets at UNIFIEDMARKETS.

[seanyb12345]

wtf he didnt throw his pen!

[tekmatic38]

listen you fucking african little shithead fucking pan african faggggot

I dont GIVE A FUCK what you ahve to say about slavery or any of that crap

we are richer and more free than we were 200 years ago and now we have a MUCH higher standard of living in america.

so SHUT THE FUCK UP with your dumb stupid FAGGOT litte nigger ass fucking faggot homo dickface ill fucking fuck slut wife you fuckin homo

[Rotohel]

it is a swap. not insurance

[SuccessNOR123]

Very good video. I have an oral exam in business english coming up and this certainly helps!