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Sentences with phrase «writing default protection»
What fascinated me the most was the willingness of managers at AIGFP to think that
writing default protection
was «free money.»
http://alephblog.com/
Not exact matches
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).
https://www.investopedia.com/
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