Credit default swap

Credit default swaps on European debt in billions

American financial institutions placing bets on whether European countries will default on debt could be on the hook for billions of dollars.

The World

Senator Carl Levin on the Wall Street crisis, junk bonds and Michigan foreclosures

Conflict & Justice
The World

Takeouts: credit default swaps threaten Greece, women’s figure skating, listeners respond

The World

Inside the Meltdown: A new film illuminates the economy’s collapse

Global Politics