Why would making CDSs an exchange-listed product have avoided the collapse of AIG and averted the 2008-9

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Why would making CDSs an exchange-listed product have avoided the collapse of AIG and averted the 2008-9 financial crisis?

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Introduction to Corporate Finance

ISBN: 978-1119171287

4th edition

Authors: Laurence Booth, Sean Cleary, Ian Rakita

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Question Posted: Nov 01, 2017 06:34 AM

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Why would making CDSs an exchange-listed product have avoided the collapse of AIG and averted the 2008-9

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To normalize the risk there is a push to co...View the full answer

Introduction to Corporate Finance

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