Attention Quote by Robert F. Engle

Credit default swap gives you something to do. You can buy some credit default swaps from them to protect yourself against the bankruptcy of…

— Robert F. Engle

Credit-default swaps, I think, have serious problems associated with them.

— Alan Greenspan

So what is the role that credit default swaps can play in an economy? Well my feeling is that if these things actually will…

— Robert F. Engle

Credit default swap is basically just an agreement that I have with you, where I sell you insurance on some bond you own. If…

— Charles Duhigg

I think the credit default swaps can take the place of the rating agencies who really have missed the ball in this procedure and…

— Robert F. Engle

The money has to be deferred with what they call "clawback," which means they can get it back if I lose it all. So…

— Richard Thaler

I'm no financial expert. I scarcely know what a coin is. Ask me to explain what a credit default swap is, and I'll emit…

— Charlie Brooker

I never did buy things on credit, I always paid for 'em, because I can't see much difference in paying for something and just…

— Howard Finster

If you default on an unsecured debt, you won't lose anything (except points on your credit score).

— Jean Chatzky

A credit default swap was confusing mainly because it wasn't really a swap at all. It was an insurance policy, typically on a corporate…

— Michael Lewis

Morality aside, there are other factors deterring 'strategic defaults,' whether in recourse or nonrecourse states. These include the economic and emotional costs of giving…

— Richard Thaler

As borrowers, we may feel guilty about running up debt, anxious about making payments, and resentful of the constraints that old obligations (and old…

— Virginia Postrel