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
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
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
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
Main Street investors, who cannot trade credit default swaps, should not be tempted to trade an instrument with the same risk profile… — Daniel L. Doctoroff 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
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
Credit-default swaps remedied the problem of open-ended risk for me. If I bought a credit-default swap, my downside was defined and certain,… — Michael Burry 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 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
“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