“The two financial giants are now offering trades in derivatives that enable investors to bet on or against high-risk bank bonds that financial regulators can wipe out if a lender runs into trouble. Others are also planning to start making markets in the contracts, known as total-return swaps, in the coming weeks, according to Max Ruscher, the London-based director of credit indexes at IHS Markit Ltd., which administers the benchmarks that the swaps are linked to.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Stolen Target Credit Cards Are Selling For $20 - $100 Each
Ron Paul: Secession Is 'Very American'
Liquidity drought could spark market bloodbath, warns IIF
Australia to Fly Guns and Ammunition Into Iraq
Former Dallas cop sentenced to nearly 4 years in prison for Crime Stoppers scam
Congress slams Fed's permanent crisis lending proposal
Security-Enhanced Android: NSA Edition
Apple Sued For Poaching A123 Systems Employees; Settles Out-Of-Court
Egypt’s army ‘ready to die’ to protect against ‘any terrorist, radical or fool’
Mandarin Chinese Becomes New Language in the Classroom
Japanese scientists invent ‘privacy visor’ to fool Google’s facial recognition software
Prison time for former cop trafficking in steroids
Goodbye Switzerland, Hello Bitcoins
Smokers burned by back taxes on Internet cigarette sales [2012]
Trump comes out in support of Ex-Im Bank, reversing campaign rhetoric