Credit Default Swap – CDS in India
To begin the explanation just wanted to quote some of the financial baron’s views on CDS: In 1993 George Akerlof Nobel prize-winning economist predicted that the next meltdown will be caused by the...
View ArticleFinancial Products: Back-To-School
Meaning: Financial products refer to instruments that help you save, invest, get insurance or get a mortgage. These are issued by various banks, financial institutions, stock brokerages, insurance...
View ArticleCYPRUS – Bailout and Alternatives
Lee C. Buchheit published a paper on walking back from Cyprus, found interesting to share some his thoughts: Cyprus imposes losses –euphemistically dubbed a “solidarity levy” — on insured depositors...
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