What are Credit Default Swaps?

Описание к видео What are Credit Default Swaps?

Stephen provides and introduction to Credit Default Swaps and their use as a hedge against default risk, alongside as a tool for speculation.

Definition of Credit Default Swaps (00:00)
How simple Credit Default Swaps work (00:20)
Further details and Credit Default Swap definition (00:46)
Credit Default Swaps as a tool for speculation (01:39)
Naked Credit Default Swaps (02:18)
The risks associated with Credit Default Swaps in the context of the Great Financial Crisis (02:39)

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