Group Think, Duct Tape and Slam Dunks
Credit Default Swaps
US, NY probing credit-default swap market
By LARRY NEUMEISTER – 1 day ago NEW YORK (AP) — Federal prosecutors and New York’s attorney general said Monday they had taken the unusual step of joining forces to probe the multitrillion-dollar credit-default swap market, an unregulated area of finance blamed for helping to fuel the credit crisis. The offices of U.S. Attorney Michael […]
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