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Credit Default Swaps Part 1

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Uploaded by on Aug 24, 2009

Subprime the Musical- Series of light-hearted podcasts designed to explain the Subprime Mortgage Crisis. To learn more visit:
www.subprimethemusical.wordpress.com
This first part of the podcast explains how the need for the credit default swaps developed and why people decided to buy. It also explains why people in Wall Street didn't want to call these products insurance.

E-mail: moneyandsociety@gmail.com

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Education

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Standard YouTube License

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  • Thanks for the tutorial. 

  • This is by far one of the best "easy to understand" finance lessons (the best in CDOs & CDSs definitely!) I have come across in the last decade.... Keep it up :)

  • best explanation on youtube

  • I'm actually learning!

    

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