Credit default swaps are a financial derivative used to offset the risk of lending money. These financial tools are somewhat infamous in the modern era due to their role in the Great Recession.

Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan.

Vultures, rats and maggots are often the focus of disgust, less because of anything for which they can be blamed, and more because of the conditions with which they are associated. Death, disease and ...

(Bloomberg News) Trading of credit-default swaps insuring U.S. Treasuries soared almost 80 percent as the deadline nears for plans to cut the nation's budget deficit and raise the $14.3 trillion debt ...

As Bear Stearns careened toward its eventual fire sale to JPMorgan Chase last weekend, the cost of protecting its debt, through an instrument called a credit default swap, began to rise rapidly as ...

The complex debt securities known as credit default swaps are used as insurance for a wide range of financial products. Lehman Brothers' involvement in credit default swaps increases the exposure of ...

Oct. 28 (Bloomberg) -- Confidence in the credit-default swaps market may be undermined by the European Union's plan to resolve the euro region's sovereign debt crisis. The EU said yesterday that it ...

Oct. 28 (Bloomberg) -- Confidence in the credit-default swaps market may be undermined by the European Union's plan to resolve the euro region's sovereign debt crisis. The EU said yesterday that it ...