Credit Derivatives Credit Default Swaps

More

  • student_loan3_200.jpg

    Call it one of the dirty little secrets of the education industry: When students can’t pay their loans, many schools manage (some would say, manipulate) default rates so they look better than they really are.

  • european_union_crack2_200.jpg

    Germany is pushing to let hopelessly indebted governments do exactly that — admit they can't pay and hit bond investors with the costs instead of taxpayers.

  • Dublin, Ireland

    Ireland has opened the door to a renegotiation with senior bondholders of its two nationalized banks despite previously opposing any such move. The FT reports.