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You have probably heard the term "Credit Default Swaps", or CDS in the financial media a lot lately. While these instruments are meant to sound very sophisticated, in actuality they are very much like insurance products.
posted by J. Kahn @ 9:07 AM
3 comments
Jordan Kahn, CFA is the Chief Investment Officer of KAM Advisors, in Beverly Hills, CA. He is a frequent market commentator for numerous investment publications, and has appeared on CNBC and KNBC-Los Angeles. He is a regular columnist for RealMoney.com and has also been featured in TheStreet.com, Street Insight, Technology Investor, and Barron’s.
3 Comments:
If u r going to write on a subject that you clearly have no knowledge of please use the correct term. The instruments are Credit Derivatives and CDS is a Credit Default Swap. Sorry but i am getting tired of know-nothings writin about the CDS market and how good/bad/ugly it is.
thanks. I simply typed this post too fast.
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