So what is the role that credit default swaps can play in an economy? Well my feeling is that if these things… — Robert F. Engle Copy Share Image
I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category.… — Robert F. Engle Copy Share Image
As the financial experts all over the world use machines to unwind Gordian knots of financial arrangements so complex that only machines… — Richard Dooling Copy Share Image
“There was more than one way to think about Mike Burry’s purchase of a billion dollars in credit default swaps. The first… — Michael Lewis Copy Share Image
Credit default swap gives you something to do. You can buy some credit default swaps from them to protect yourself against the… — Robert F. Engle Copy Share Image
“On its surface, the booming market in side bets on subprime mortgage bonds seemed to be the financial equivalent of fantasy football:… — Michael Lewis Copy Share Image
A credit default swap was confusing mainly because it wasn't really a swap at all. It was an insurance policy, typically on… — Michael Lewis Copy Share Image
Countries are not like financial markets. Social change cannot be executed as swiftly as credit-default swaps. You cannot sell short on social… — George Papandreou Copy Share Image
“A credit default swap was confusing mainly because it wasn’t really a swap at all. It was an insurance policy, typically on… — Michael Lewis Copy Share Image
The money has to be deferred with what they call "clawback," which means they can get it back if I lose it… — Richard Thaler Copy Share Image
“When the Goldman Sachs saleswoman called Mike Burry and told him that her firm would be happy to sell him credit default… — Michael Lewis Copy Share Image
I'm no financial expert. I scarcely know what a coin is. Ask me to explain what a credit default swap is, and… — Charlie Brooker Copy Share Image
Credit default swap is basically just an agreement that I have with you, where I sell you insurance on some bond you… — Charles Duhigg Copy Share Image
I think the credit default swaps can take the place of the rating agencies who really have missed the ball in this… — Robert F. Engle Copy Share Image
I do believe CDSs [credit default swaps] have been miscast, much as poor workmen tend to blame their tools. — Blythe Masters Copy Share Image
Credit-default swaps, I think, have serious problems associated with them. — Alan Greenspan Copy Share Image
The people who did the collateralized mortgage obligations, sold them to pension funds, then sold them short, then bought credit default swap… — Ben Stein Copy Share Image
If you pay attention to where your exposures are, you might tend up buying credit default swaps against a variety of people… — Robert F. Engle Copy Share Image