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Commentaries — April 13, 2005

How Dangerous Are Credit Default Swaps? Few events in modern finance have been so profound as the growth and development of the Credit Default Swap (CDS) market in the last few years. With such growth come reasonable fears that it can lead to problems.

Open How Dangerous Are Credit Default Swaps?
Few events in modern finance have been so profound as the growth and development of the Credit Default Swap (CDS) market in the last few years. With such growth come reasonable fears that it can lead to problems.