On the recordFebruary 2, 2009
CDSs are, in fact, a species of insurance, and naked swaps are more akin to gaming than insurance since they lack insurable interest.
Source
congress.govEditor's note · Context
Morelle defines credit default swaps and distinguishes them from traditional insurance.
Share & report
More from Joe Morelle
Jan 22, 2025
We will continue working to make the legislative branch more cost effective and efficient.
Jan 6, 2025
Madam President, the certificate of the electoral vote of the State of Ohio seems to be regular in form and authentic, and it appears therefrom that Donald J. Trump of the State of Florida received 17 votes for President and J.D. Vance of…
Jan 6, 2025
Madam President, the certificate of the electoral vote of the State of Arkansas seems to be regular in form and authentic, and it appears therefrom that Donald J. Trump of the State of Florida received 6 votes for President and J.D. Vance…
Jan 6, 2025
Madam President, the certificate of the electoral vote of the State of Washington seems to be regular in form and authentic, and it appears therefrom that Kamala D. Harris of the State of California received 12 votes for President and Tim…
Other voices in this conversation
