Will ABS CDS Contracts Stand Up?

Pyburn, Allison
December 2006
Investment Dealers' Digest;12/4/2006, Vol. 72 Issue 46, p24
Trade Publication
The article presents information related to credit defaults swaps (CDS). According to an estimation made by the International Swaps and Derivatives Association the total notional size of the CDS market is more than $26 trillion. Janet Tavakoli, derivatives expert says that people always want to dispute what is going to happen in terms of their interpretation of the language.


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