Understanding Credit Default Swaps
Dive into the world of credit default swaps and counterparty risk with Arnold as he explains their role in the financial debacle. Gain insights into these complex financial instruments and how they impacted Bear Stearns, Lehman Brothers, and other players in the market.In this clip
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EconTalk
Arnold Kling on Credit Default Swaps, Counterparty Risk, and the Political Economy of Financial Regulation
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