How did credit default swaps lead to the downfall of one of the major investment banks?
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How did credit default swaps lead to the downfall of one of the major investment banks?
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Credit default swaps CDS played a significant role in the downfall of major investment banks during the 2008 financial crisis with Lehman Brothers being one of the most prominent examples Heres how CD...View the full answer
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Related Book For 
Financial Markets And Institutions
ISBN: 9781292215006
9th Global Edition
Authors: Stanley Eakins Frederic Mishkin
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