CDSs, however, also played a pivotal role in the 2008 financial crisis. In this post, we’ll discuss how credit default swaps work, how they’re used, and the risks and benefits to consider.

Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. Here's what you need to know.

Credit Default Swaps Oversight Nears. SEC, Federal Reserve, CFTC Pledge to Work Together on Regulating Derivatives. November 14, 2008. By Heather Landy.

Lehman says it traded $6 billion of these new preferred credit default swaps last year and Corcoran is hopeful that with more dealers involved the figure will quadruple this year. This is based on the ...

SEC Chairman Christopher Cox has called on Congress to pass legislation that would make so-called credit default swaps more transparent, including requiring that dealers in over-the-counter swaps ...

Investors concerned about a new wave of mortgage losses should buy credit default swap protection on Goldman Sachs <GS.N>, and sell CDSs on the United States, as Goldman's swaps are more likely to ...