iOS app Android app

Credit Default Swaps on U.S. Debt

President Obama Might Ask Who Benefits From U.S. Debt Default

Janet Tavakoli | Posted 02.21.2014 | Business
Janet Tavakoli

Most of the financial press has focused on how awful a technical default would be, and who is upset. But our leaders might ask a different question. Who are the reprobates that are cheering for the possibility of a technical default on the U.S.? Who stands to gain?