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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: HH who wrote (16717)1/26/2009 2:57:42 PM
From: RockyBalboa2 Recommendations  Read Replies (2) | Respond to of 71456
 
In their original meaning, CDSs and CLOs are indeed insurances against default and no market risk management tools.

Also the primary sellers /issuers of said products are often called "insurers", (various monolines, XL Capital, AIG etc).