Greek crisis and why getting tough on CDSs - - credit default swaps - - does more harm than good
Mar 31st, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Speculators are said to have been involved in the escalation of the Greek crisis, which has prompted politicians to call for bans on the purchase of naked credit default swaps (CDSs). However, this would not be any help to sovereign borrowers, according to Deutsche Bank.