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Canards Don't Swim

4 January 2010 By Richard Beales

Lawmakers and bankbashers have pinned blame for the financial crisis and in particular the collapse of AIG on credit default swaps. Changes to and tighter oversight of the $31 trillion market are needed. But action should address real, not imaginary, problems.

This content is for Subscribers only

 

Canards Don't Swim

4 January 2010 By Richard Beales

Lawmakers and bankbashers have pinned blame for the financial crisis and in particular the collapse of AIG on credit default swaps. Changes to and tighter oversight of the $31 trillion market are needed. But action should address real, not imaginary, problems.

This content is for Subscribers only

 

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