---
title: "6 Swaps Quotes by 4 authors"
description: "Browse 6 Swaps quotes by 4 authors. Discover the best Swaps sayings and thoughts."
image: "https://sms4smile.com/quotes/i/582/robert-f-engle-23929_clearing_so-what-is-the-role-that-credit-default_220442.jpg"
---

> [So what is the role that credit default swaps can play in an economy? Well my feeling is that if these things…](https://sms4smile.com/quotes/robert-f-engle/so-what-is-the-role-that-credit-default-swaps-can-play-in-an-economy/)

[Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/)

[Image](https://sms4smile.com/quotes/i/582/robert-f-engle-23929_clearing_so-what-is-the-role-that-credit-default_220442.jpg)

> [Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of…](https://sms4smile.com/quotes/matt-taibbi/interest-rate-swaps-are-a-tool-used-by-big-cities-major-corporations/)

[Matt Taibbi](https://sms4smile.com/quotes/author/matt-taibbi/)

[Image](https://sms4smile.com/quotes/i/ced/matt-taibbi-2257_assets_interest-rate-swaps-are-a-tool-used-by-b_1377347.jpg)

> [Main Street investors, who cannot trade credit default swaps, should not be tempted to trade an instrument with the same risk profile…](https://sms4smile.com/quotes/daniel-l-doctoroff/main-street-investors-who-cannot-trade-credit-default-swaps-should/)

[Daniel L. Doctoroff](https://sms4smile.com/quotes/author/daniel-l-doctoroff/)

[Image](https://sms4smile.com/quotes/i/afc/daniel-l-doctoroff-42571_because_main-street-investors-who-cannot-trade-c_1821347.jpg)

> [I think the credit default swaps can take the place of the rating agencies who really have missed the ball in this…](https://sms4smile.com/quotes/robert-f-engle/i-think-the-credit-default-swaps-can-take-the-place-of-the-rating/)

[Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/)

[Image](https://sms4smile.com/quotes/i/427/robert-f-engle-23929_agency_i-think-the-credit-default-swaps-can-tak_2447620.jpg)

> [Credit-default swaps, I think, have serious problems associated with them.](https://sms4smile.com/quotes/alan-greenspan/credit-default-swaps-i-think-have-serious-problems-associated-with/)

[Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/)

[Image](https://sms4smile.com/quotes/i/1c2/alan-greenspan-1834_credit_credit-default-swaps-i-think-have-seriou_2587218.png)

> [If you pay attention to where your exposures are, you might tend up buying credit default swaps against a variety of people…](https://sms4smile.com/quotes/robert-f-engle/if-you-pay-attention-to-where-your-exposures-are-you-might-tend-up/)

[Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/)

[Image](https://sms4smile.com/quotes/i/370/robert-f-engle-23929_attention_if-you-pay-attention-to-where-your-expos_3059476.jpg)

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                        "text": "So what is the role that credit default swaps can play in an economy? Well my feeling is that if these things actually will now be traded on either exchanges or some kind of central clearing, they are going to be a very good measure of the credit worthiness of different companies.",
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                        "text": "I think the credit default swaps can take the place of the rating agencies who really have missed the ball in this procedure and are quite conflicted by the way the ratings are paid for. So, I would like to see credit default swaps become an evermore important way of understanding credit risk in the economy.",
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