AOL News is joining forces with The Huffington Post to bring you the best original reporting, insight and opinion on the web. Join HuffPost Social News using your AOL account!

CreditDefaultSwap News

CreditDefaultSwap News From AOL News

Taming Financial Weapons of Mass Destruction

By Joseph SchumanMar 9th 2010 – 9:45PM
Getty Images

Getty Images

(March 9) -- The campaign to rein in a type of risky investment villainized in the economic crisis and blamed for the government bailout of AIG and the financial collapse of Greece is gaining momentum in Washington and other capitals, where officials are comparing it to piracy of another age. On Tuesday, a key U.S....

Background on CreditDefaultSwap

more at wikipedia ยป