Sentences with phrase «wanted default protection»

AIG famously leveraged its AAA credit rating to sell (write) credit default swaps (CDS) to counterparties who wanted default protection (in many cases, on CDO tranches).

Not exact matches

Mortgage lenders want protection against a default on the loan.

Further, insofar as it acquires credits, the Fund wants covenant protection in the event that forecasts are wrong and a money default occurs.

Concerned with a potential default, Rappaport wanted the settlement to include a stipulated judgment provision, which would provide him and ALC with more protection in the case of any default.

You might wish to carry more than the default level of liability protection, for example, or maybe you want to keep the limits the same but have to raise your deductibles to save on the premium.

You may want to note that hurricane coverage may not be a default form of protection on your Deerfield Beach renters insurance policy.