Distressed Investing 2009: How do CDS's work

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Distressed Investing 2009: How do CDS's work

T
thedealvideo

35 Views • Feb 18, 2009

Description

What is a credit default swap and how do they work? At the TMA/The Deal's Distressed Investing Conference David Havens of UBS Investment Bank, Ed Weisfelner of Brown Rudnick Berlack Israels LLP and Jeff Fitts of Alvarez & Marsal describe CDS's as a game of roulette that can impact large restructurings.