Yesterday, today and tomorrow of credit default swaps.

• Main Authors: Hong, LuLu., Li, Xuan., Lee, Jovin.
• Other Authors: Cao Yong
• Format: Final Year Project
• Language: English
• Published: 2011
• Subjects: DRNTU::Business::Finance::Risk management
• Online Access: http://hdl.handle.net/10356/44209
• Institution: Nanyang Technological University

The paper examines on the role of which credit default swaps played in the subprime financial crisis and how it brought about tremendous losses for financial institutions. The discussion focus on the advantages and disadvantages of credit defaults swaps, of how credit default swaps may possibly be m...