On the recordMarch 2, 2011
Senator Roberts, talk to YRC in Overland Park, Kansas. They almost went bankrupt because the holders of credit default swaps did not want them to work out a bankruptcy.
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congress.govPatrick Leahy: “Senator Roberts, talk to YRC in Overland Park, Kansas. They almost went bankrupt because the holders of credit default…”
Editor's note · Context
Leahy references a specific case to illustrate the risks of credit default swaps.
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