O'Reilly logo

An Introduction to Credit Derivatives, 2nd Edition by Moorad Choudhry

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Preface

Finance is a dry, unemotional subject. At least, it should be. Discussing any aspect of it should not be a cause for undue stress or argument. It isn’t as if one is debating abortion rights or the Arab–Israeli peace process when one enters into a conversation on financial products. Any discourse in this field should be logical and objective, aimed at arriving at a sound solution that meets the needs of the relevant stakeholders.

Sadly, in the era following the banking crash of 2008, when the US and a number of European governments had to spend a considerable sum of taxpayers’ money saving their banking sector, we encounter considerable subjective and emotional debate in finance. Some commentators have suggested that ‘CDOs’ caused the ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required