Credit default swaps were once viewed as a great innovation for making mortgage markets more stable. Yet,

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Credit default swaps were once viewed as a great innovation for making mortgage markets more stable. Yet, the swaps were sometimes criticized for making the credit crisis worse. Why?

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Financial Markets and Institutions

ISBN: 978-1337099745

12th edition

Authors: Jeff Madura

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Question Posted: Oct 31, 2017 08:02 AM

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Credit default swaps were once viewed as a great innovation for making mortgage markets more stable. Yet,

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Financial Markets and Institutions

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