TITLE

WAGGING THE DOG

AUTHOR(S)
Iyer, Savita
PUB. DATE
November 2004
SOURCE
Investment Dealers' Digest;11/15/2004, Vol. 70 Issue 44, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on emergence of credit derivatives in the U.S. Use of credit derivatives to lay off risks of lending to companies; Evolution of credit derivatives into a marketplace where banks, insurance companies are actively trading; Concerns regarding the possible serious consequences of hedge funds on the financial services industry. INSET: First electronic trading; next comes spread fixings.
ACCESSION #
15080023

 

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