credit default swaps News

credit default swaps News From AOL News

Goldman Gives Democrats Momentum on Reform

(April 19) -- Every good political fight needs a villain. In its push to reform financial regulation, the Obama administration now has one in Goldman Sachs. Three days after the Securities and Exchange Commission accused Goldman of securities fraud linked to the financial crisis, the White House announced Monday that...

Taming Financial Weapons of Mass Destruction

(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....