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Credit Default Swaps explained clearly in five minutes
de Administrador AESIL - Monday, 26 de August de 2013, 19:13

BBC Newsnight feature by Alex Ritson on Credit Default Swaps - until recently a little-known financial product that Lehmans Brothers, AIG and the Icelandic banks were up to their necks in. Could this be the black hole at the centre of the financial crisis?