Thursday, October 27, 2011

Greek Accord Unlikely to Trigger CDS, ISDA Says

David Geen, general counsel at the International Swaps & Derivatives Association, discusses the outlook for credit default swaps following the European Union's agreement with investors for a 50 percent writedown on their Greek bond holdings. Geen speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "InsideTrack."
(Source: Bloomberg)