Paul Jorion's Blog

Tag: Credit-default Swaps

  • ATLANTICO.fr, The LIBOR scandal : are bankers totally untrustworthy?

    The LIBOR scandal : are bankers totally untrustworthy?? Translated from the French by Tim Gupwell Can a banker be trusted? This is indeed the question one is obliged to ask in the light of the “LIBOR affair” which broke in April 2008 and saw a dramatic turn of events four years later, on the 27th…

  • HOW CREDIT DEFAULT SWAPS WILL HAVE DESTROYED THE EURO

    How credit default swaps will have destroyed the Euro 12 juin 2012 par Paul Jorion And what of the CDS (credit-default swap) speculators who don’t pay taxes? Why don’t we hear anything about them? We hear a lot about the Greeks not paying their taxes, and at the moment, due to the tactlessness of some,…