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Charles Duhigg Zitate

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Credit default swap is basically just an agreement that I have with you, where I sell you insurance on some bond you own. If the bond goes belly up, I promise to pay you. And as long as the bond doesn't go belly up, you pay me for selling you insurance.

Charles Duhigg

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Deutsche Übersetzung

Credit Default Swap ist im Grunde nur eine Vereinbarung, die ich mit Ihnen habe, bei der ich Ihnen Versicherungen für eine Anleihe verkaufe, die Sie besitzen. Wenn die Anleihe aufbricht, verspreche ich, Sie zu bezahlen. Und solange die Anleihe nicht kaputt geht, zahlen Sie mich für den Verkauf Ihrer Versicherung.

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