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Credit Default Swaps Should Be Regulated As Insurance

National News • July 7, 2009
Credit default swaps nearly brought down the world financial system last fall when it was discovered that AIG Financial Products had written hundreds of billions of dollars worth of credit ...

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Subject: RE: RE: wrong forum

Posted On: July 7, 2009, 4:59 pm CDT
Posted By: SWAP watcher
Comment:
It seems pretty obvious that a derivitive is a guarantee. A bond is insurance. A bond is a guarantee. You know the story, things equal to the same thing are equal to each other. And to put this whole deliberate self serving derivitive activity in context, why did they use the term "sub-prime" instead of "sub-standard"? Talk about putting lipstick on a pig.

The insurance comissioners have been doing an excellent job of regulating insurance. If they will accept the job, give it to them. And obviously derivitives need a lot of regulating.
Subject Posted By Posted On
RE: Credit Default Swaps as Insurance Fred Fisher
Jul 14, 2009, 10:59 am
Credit Default Swaps as Insurance Mike D
Jul 8, 2009, 6:59 am
RE: RE: wrong forum SWAP watcher
Jul 7, 2009, 4:59 pm
RE: RE: wrong forum Bill Rempel
Jul 7, 2009, 2:53 pm
Regualted no- Banned and Criminalized- yes Fred Fisher
Jul 7, 2009, 2:51 pm
RE: wrong forum kathi
Jul 7, 2009, 1:10 pm
wrong forum prakash v. naor
Jul 7, 2009, 11:39 am
RE: 3 Reasons CDS Are NOT Insurance, Jeff
Jul 7, 2009, 10:40 am
3 Reasons CDS Are NOT Insurance, Bill Rempel
Jul 7, 2009, 8:22 am
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