Credit Default Quotes
- I do believe CDSs [credit default swaps] have been miscast, much as poor workmen tend to blame their tools. — Blythe Masters
- Credit-default swaps, I think, have serious problems associated with them. — Alan Greenspan
- As the financial experts all over the world use machines to unwind Gordian knots of financial arrangements so complex that only machines can make -… — Richard Dooling
- Countries are not like financial markets. Social change cannot be executed as swiftly as credit-default swaps. You cannot sell short on social commitments and practical… — George Papandreou
- The people who did the collateralized mortgage obligations, sold them to pension funds, then sold them short, then bought credit default swap insurance on them,… — Ben Stein
- Main Street investors, who cannot trade credit default swaps, should not be tempted to trade an instrument with the same risk profile simply because it… — Daniel L. Doctoroff