Nov 23 2009
A Thriving Market in CDS for Sovereign Debt
Have you ever really taken a moment to think about the implications of a thriving CDS market on sovereign debt?
First, a word about the Credit Default Swap market size. Since CDS are private bilateral agreements, there is really no single source to determine the outstanding notional amounts. However, much has been done to [...]
Apr 1 2009
After the Crash, Risk Management Planning
The downward slide of financial markets and the cratering of the financial services companies involved has been greeted with regulatory imperatives ranging from calls for a college of supervisors and systemic risk regulators to demands for a new financial architecture. The terms and arguments will vary, but it is clear that change is in [...]