The collapse of credit default swap market in the subprime crisis : a systematic study on AIG's CDS business.
This paper examines the role which credit default swap has played in the subprime financial crisis and how it brought about tremendous losses for financial institutions. The discussion focuses on AIG’s CDS business operation, how AIG as one of the largest CDS underwriters profited from CDS business...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2010
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/35557 |