Posted by & filed under Governments & Regulators.

Description:  Director of the SEC’s division of Risk, Strategy, and Financial Innovation Henry Hu maps out how credit default swaps work.

Source: CNNMoney.com – video report
 
Date: 03/05/2010

Link: http://money.cnn.com/video/markets/2010/03/04/mkts_ss_sec_white_board.cnnmoney/

Questions for discussion:

  • Summarize the financial arrangements between banks, companies, and investors that define credit default swaps.
  •  What is the problem, if any?
  • Should there be regulation of this market and if so, what should it involve?

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