Distressed Investing 2009: How Do CDS's Work

Tags:: Credit Default Swap Business David Havens Brown Rudnick Berlack Israels Jeff Fitts

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By: Thedealvideo
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Updated: 14-Dec-09
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International
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Added: 18-Feb-09

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.