Washington Must Ban U.S. Credit Derivatives: Games and Gold (Part 2)
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Merrill Lynch,
Goldman Sachs,
Morgan Stanley,
U.S. Credit Default Swaps,
Hilary Till,
Lehman Brothers,
London CME,
David Einhorn,
Chicago Mercantile Exchange,
Gold,
Bear Stearns,
U.S. Dollar,
Euro,
Business News
Most traders in U.S. credit default swaps don't think the U.S. will default as long as we have money printing presses, so they are speculating on price movements.
Janet Tavakoli | Posted 05.25.2011