Part 1. Financial Derivatives and Defaut Swaps – Everything you ever wanted (or not) to know about them.

“Everything counts in Large Amounts…” – Depeche Mode. So you want to understand the financial crisis more? Understand why we are all but in a depression (for we’ve been in a recession for at least a year, according to some analysts.) Then you have to understand the humble lil derivative. Derivatives, what are derivatives, and […]