  |
|
|
||||
|
||||
In Defense of Credit Default Swaps
Charles Davi New York University - School of Law 04/29/2008 Abstract: This paper is for the most part a refutation of the works of Hu and Black on the incentives created by credit default swaps in the bankruptcy context. We show that Hu and Black's concerns over empty voting and negative economic interest in the bankruptcy context are entirely without merit.
Keywords: Credit Default Swap, Bankruptcy, Hu, Black JEL Classifications: G30 Working Paper SeriesDate posted: April 30, 2008 ; Last revised: April 30, 2008Suggested CitationContact Information
|
|
|||||||||||||||
© 2009 Social Science Electronic Publishing, Inc. All Rights Reserved. Terms of Use Privacy Policy
This page was served by apollo3 in 0.281 seconds.
Download
Facebook
Twitter
Digg
Del.icio.us
CiteULike
