Relevant:
- The S.E.C.’s Proposed Rules For Money Market Funds: What A Joke.
- Role of Hedge Funds in Subprime Crisis Examined
- Mandelman U. Presents: There’s Credit Default Swaps & then there’s Credit Default Swaps
- Citigroup, Bank Credit Swaps Rise on Subprime Concern
- Greek Crisis Raises New Fears Over Credit-Default Swaps
2009-07-19 — nytimes.com
"Our financial system has essentially exploded, with financial innovations like collateralized debt obligations, credit default swaps and subprime mortgages giving rise in the past few years to abuses that culminated in disasters in many sectors of the economy."
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