Credit derivatives.

People write to remember things, I write to forget. I am sure that definitely had many post on Credit derivatives.cropped-financial_information13.jpg
Many of my friends and colleagues are still not so familiar with them and just wanted to define for them . For them the understanding of credit derivatives is that these monster was behind the subprime crisis in 2008, Lehman crisis, and later the Eurocrisis and now the Grexit. Continue reading “Credit derivatives.”