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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (427165)10/16/2008 4:06:16 PM
From: Road Walker  Read Replies (2) | Respond to of 1571219
 
Credit Default Swaps where used in problematic ways but for the most part they where not "phony insurance".

In essence they were... they allowed "riskless risk" for very risky investments. At least that's what I've read in about 50 articles... maybe you know better.



To: TimF who wrote (427165)10/17/2008 6:23:17 AM
From: Road Walker  Respond to of 1571219
 
Message 25077777