Discussion — Lecture 20: Credit Default Swaps
This session covers Lecture 20: Credit Default Swaps NOTE: Part 4 of this lecture is cut short on Perry Mehrling's site and the YouTube playlist. For the full segment, watch through the Coursera site. Here's a direct link.Part 4: What is a Credit Default Swap (CDS)? Credit default swaps (CDS) were famously implicated in the …