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Monday, December 01, 2008

Credit Default Swaps and Arctic Expeditions

This weekend I posted a video of a "whiteboard" talk by Paddy Hirsch of Marketplace, in which he explains CDOs and the credit crisis. Here's another one where he explains Credit Default Swaps (CDS) using the analogy of an arctic expedition.

Since I'm teaching Fixed Income next year, I'm sure some of these will make their way into my class.

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