• Credit default swaps | Finance & Capital Markets | Khan Academy

    Introduction to credit default swaps. Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/credit-default-swaps-tut/v/credit-default-swaps-2?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/credit-default-swaps-tut/v/credit-default-swaps-cds-intro?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: Interest is the basis of modern capital markets. Depending on whether you are lending or borrowing, it can be viewed as a return on an asset (lending) or the cost of capital (borrowing). This tutorial gives a...

    published: 28 Sep 2008
  • Credit default swaps (CDS) - What are they and should investors be worried about them?

    Deemed financial weapons of mass destruction by Warren Buffet. Tim Bennett explains what a credit default swap (CDS) is and whether or not investors should be worried about them. Don't miss out on Tim Bennett's video tutorials -- get the latest video sent straight to your inbox each week, before it's released on YouTube: http://bit.ly/TimBSubscribe To receive Tim's 50 FREE MoneyWeek Basics emails: http://bit.ly/mwk-basics Watch over 100 of Tim's videos for free: http://MoneyWeek.com/tutorials Or download them to your mobile device: http://bit.ly/TimBpodcast For the most important financial stories and how to profit from them: http://MoneyWeek.com http://Facebook.com/pages/MoneyWeek/110326662354766 http://Twitter.com/moneyweek Video series by CFA UK Highly Commended journalist Tim Benn...

    published: 08 Jul 2011
  • Credit Default Swaps and Burning Down Your House For Insurance

    Author and economy analyst John Sneisen talks to Josh Sigurdson about the similarities and differences between credit default swaps and burning down your house for insurance, a notion John takes from derivatives and trends expert Stephen Kendal. As we see this implemented more and more it's important that the people are aware of what's happening in their back yard. For legal reasons we must note that we bring this info to you as our personal opinions, but we're quite sure you can put the pieces together. Our goal is to make sure you and your family are prepared for everything that's coming at us from the global banking complex. Stay tuned for much more at World Alternative Media and don't forget to send in your questions! Video edited by Josh Sigurdson Featuring: John Thore Stub Sn...

    published: 18 Apr 2016
  • Credit Default Swaps

    Steve Kroft examines the complicated financial instruments known as credit default swaps and the central role they are playing in the unfolding economic crisis.

    published: 27 Oct 2008
  • Credit default swaps and collaterized debt obligations

    A nice clip from "The Big Short" on CDS and CDO.

    published: 02 May 2016
  • Credit Default Swaps CDS - (مقايضة الإئتمان الافتراضي (سي دي اس

    A short video that explains the definition of Credit Default Swap فيديو قصير يشرح مقايضة الائتمان الافتراضي We visualize the world's way of thinking .. Think, Free & Simple Follow us on Twitter: https://twitter.com/TFS_tweet Like our page on Facebook: https://www.facebook.com/ThinkFinancialStudies Check our website: https://www.tfs.ae Don't forget to subscribe our channel

    published: 20 Aug 2014
  • France Credit Default Swaps

    Watch Out World - The Frence Credit Default Swaps are getting expensive

    published: 17 Nov 2011
  • Credit Card Default Rate Skyrockets to Crisis Levels In Economic Collapse 2017

    Credit Card default rate skyrockets as Sub Prime loans become the only means of keeping the economy alive. Economic collapse 2017 gets much worse as we have seen lending standards fall to meet quota. The American consumer is tapped out and the engine is on E but the real goal is to keep everybody calm on the way down.

    published: 11 Jun 2017
  • Wall Street's Shadow Market

    Steve Kroft looks at some of the arcane Wall Street financial instruments that have magnified the economic crisis.

    published: 05 Oct 2008
  • Nightcore - Braverly Default - [ World of Scattering Flowers ]

    World of Scattering Flowers from Braverly Default ( Nightcore Version) Discalimer: All rights to this track goes to the composer Revo from the band Linked Horizon. Credit also goes to producer Koji Takahashi and publisher Square Enix. (A.K.A. the best game company ever!). Enjoy!

    published: 26 Oct 2016
  • CDS (Credit Default Swap)

    published: 26 Sep 2014
  • Credit Default Swaps 4 Dummies

    Unfortunately, most Americans have no idea how our economy collapsed. Please help to inform those around you! Why are our tax dollars going to fund these bets? I say shut the whole thing down and start over! If you gambled, well, you lost!

    published: 20 Mar 2009
  • Scourge Of The Financial Crisis, Credit Default Swaps Are Back

    Blamed for making the 2008 financial crisis even worse than it might have been, Credit default swaps are back on the market. The default swaps were central to the investment bank's unraveling, and are essentially a financial contract in which a buyer of corporate debt in the form of bonds attempts to eliminate loss by receiving insurance against loss as part of the agreement. Designed to protect those who own corporate bonds from the risk of default, the seller takes on the risk in return for an upfront and periodic payments throughout the lifetime of the agreement. These Credit default swaps have been growing in popularity again since 2015, as investors turn to riskier products in pursuit of higher returns. According to the Financial Times, low volatility in credit markets and high prices...

    published: 24 Aug 2017
  • The Financial Crisis of 2008 - the most dangerous crisis since the Great Depression (Documentary)

    In 2008 the world economy faced its most dangerous crisis since the Great Depression of the 1930s. The contagion, which began in 2007 when sky-high home prices in the United States finally turned decisively downward, spread quickly, first to the entire U.S. financial sector and then to financial markets overseas. The casualties in the United States included a) the entire investment banking industry, b) the biggest insurance company, c) the two enterprises chartered by the government to facilitate mortgage lending, d) the largest mortgage lender, e) the largest savings and loan, and f) two of the largest commercial banks. The carnage was not limited to the financial sector, however, as companies that normally rely on credit suffered heavily. The American auto industry, which pleaded for a f...

    published: 30 Jun 2016
  • Credit Default Swaps for dummies.

    From "Inside Job", Credit default swaps explained.

    published: 17 Jul 2011
  • US Financial Crisis

    This time I'll explain how the US Financial Crisis occurred! You'll learn: What a Derivative is | What a Collateralized Debt Obligations is | How Credit Default Swaps Work | The Dangers of Unregulated Markets Source Federal Reserve Boards Survey of Consumer Affairs and US Census Presentation is Free Here : http://goo.gl/wTaz3

    published: 14 Jun 2011
  • The Nerd Who Broke The World

    Unfinished edit of an explanation of credit-default swaps.

    published: 18 May 2011
  • Latest Top 10 Post Codes In Risk Of Mortgage Default

    We count down the top 10 post codes based on our mortgage stress and default analysis to April 2017

    published: 08 May 2017
  • The Goldman Sachs Trader: Are Credit Default Swaps Regulated? Collateralized Debt Obligations (2013)

    In April 2010, the SEC charged Goldman Sachs and one of its vice presidents, Fabrice Tourre, with securities fraud. The SEC alleged that Goldman had told buyers of one of its investment deals (a type called a "synthetic CDO"), that the underlying assets in the deal had been picked by an independent CDO manager, ACA Management. In fact, a short investor betting that the CDO would default (Paulson & Co. hedge fund group) had played a "significant role" in the selection,[115] and the package of securities turned out to become "one of the worst-performing mortgage deals of the housing crisis".[192] On July 15, 2010, Goldman settled, agreeing to pay the SEC and investors US$550 million.[117] In August 2013 Tourre was found liable on six of seven counts by a federal jury.[193][194] Unlike many ...

    published: 14 Nov 2015
  • FALSE PERCEPTION OF LIVING IN A WORLD OF INFINITE CREDIT - 11 20 15 - FRA w/Alasdair Macleod

    As part of the ongoing series of the Austrian School of economics, FRA co-founder Gordon T. Long deliberates with Alasdair Macleod, head of research at GoldMoney. Mr. Macleod began his career as a stockbroker in 1970 on the London Stock Exchange. Through experience he rapidly learned about things as diverse as mining shares and general economics, within nine years he had risen to become senior partner of his firm. “I want to destroy this business of printing money as the solution to everything.” Subsequently, he has held positions at director level in investment management, as a mutual fund manager, and also at a bank in Guernsey as an executive director. For most of his 40 years in the finance industry, he has been de-mystifying macro-economic events for his investing clients. From the ac...

    published: 25 Nov 2015
  • FRM: How d2 in Black-Scholes becomes PD in Merton model

    In Black-Scholes, N(d2) is the probability that the option will be struck in the risk-neutral world. The Merton model for credit risk uses the Black-Scholes by treating equity as a call option on firm assets. In Merton, d2 becomes the "distance to default" and N(-d2) becomes the probability of default (PD). For more financial risk videos, visit our website! http://www.bionicturtle.com

    published: 07 Aug 2008
  • Jewish World TV Episode 2011 Trump & Lincoln Assassination

    Financial Crash of 1937 (Great Panic) to 1865 mirrors the Great Recession of 2007 and Credit Default Swap Market collapse of 2017. Lincoln's assassination by General Grant and the US Senators, Congressman & Generals behind the assassination

    published: 21 Aug 2017
  • Credit Default Swaps

    BG Consulting provides the highest quality talent development solutions to the financial services sector. Based in London, we provide training all around the world. The key to our success is the extensive frontline banking experience of our trainers combined with a proven track record in highly effective teaching. Our training courses cover a wide variety of disciplines across capital markets, cash and derivative products; corporate finance; accounting and financial analysis; and credit. Look to BG Consulting for financial modelling training, global banking training, investment banking training, and banking courses. Some types of training we do include financial markets training, derivatives training, derivatives courses, credit training and credit courses. For more information, vi...

    published: 09 May 2016
  • The Big Short - Credit Swaps

    Dr. Michael Burry bets against the then iron clad housing market by having multiple banks create credit swaps and then selling mortgage backed securities short. Straight come up.

    published: 05 Mar 2016
Credit default swaps | Finance & Capital Markets | Khan Academy

Credit default swaps | Finance & Capital Markets | Khan Academy

  • Order:
  • Duration: 10:57
  • Updated: 28 Sep 2008
  • views: 461952
videos
Introduction to credit default swaps. Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/credit-default-swaps-tut/v/credit-default-swaps-2?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/credit-default-swaps-tut/v/credit-default-swaps-cds-intro?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: Interest is the basis of modern capital markets. Depending on whether you are lending or borrowing, it can be viewed as a return on an asset (lending) or the cost of capital (borrowing). This tutorial gives an introduction to this fundamental concept, including what it means to compound. It also gives a rule of thumb that might make it easy to do some rough interest calculations in your head. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
https://wn.com/Credit_Default_Swaps_|_Finance_Capital_Markets_|_Khan_Academy
Credit default swaps (CDS) - What are they and should investors be worried about them?

Credit default swaps (CDS) - What are they and should investors be worried about them?

  • Order:
  • Duration: 17:08
  • Updated: 08 Jul 2011
  • views: 130961
videos
Deemed financial weapons of mass destruction by Warren Buffet. Tim Bennett explains what a credit default swap (CDS) is and whether or not investors should be worried about them. Don't miss out on Tim Bennett's video tutorials -- get the latest video sent straight to your inbox each week, before it's released on YouTube: http://bit.ly/TimBSubscribe To receive Tim's 50 FREE MoneyWeek Basics emails: http://bit.ly/mwk-basics Watch over 100 of Tim's videos for free: http://MoneyWeek.com/tutorials Or download them to your mobile device: http://bit.ly/TimBpodcast For the most important financial stories and how to profit from them: http://MoneyWeek.com http://Facebook.com/pages/MoneyWeek/110326662354766 http://Twitter.com/moneyweek Video series by CFA UK Highly Commended journalist Tim Bennett. http://twitter.com/TimMoneyweek
https://wn.com/Credit_Default_Swaps_(Cds)_What_Are_They_And_Should_Investors_Be_Worried_About_Them
Credit Default Swaps and Burning Down Your House For Insurance

Credit Default Swaps and Burning Down Your House For Insurance

  • Order:
  • Duration: 6:53
  • Updated: 18 Apr 2016
  • views: 550
videos
Author and economy analyst John Sneisen talks to Josh Sigurdson about the similarities and differences between credit default swaps and burning down your house for insurance, a notion John takes from derivatives and trends expert Stephen Kendal. As we see this implemented more and more it's important that the people are aware of what's happening in their back yard. For legal reasons we must note that we bring this info to you as our personal opinions, but we're quite sure you can put the pieces together. Our goal is to make sure you and your family are prepared for everything that's coming at us from the global banking complex. Stay tuned for much more at World Alternative Media and don't forget to send in your questions! Video edited by Josh Sigurdson Featuring: John Thore Stub Sneisen Josh Sigurdson Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here and you may be rewarded! https://www.patreon.com/user?u=2652072&ty=h World Alternative Media 2016 "Find the truth, be the change."
https://wn.com/Credit_Default_Swaps_And_Burning_Down_Your_House_For_Insurance
Credit Default Swaps

Credit Default Swaps

  • Order:
  • Duration: 12:29
  • Updated: 27 Oct 2008
  • views: 46665
videos
Steve Kroft examines the complicated financial instruments known as credit default swaps and the central role they are playing in the unfolding economic crisis.
https://wn.com/Credit_Default_Swaps
Credit default swaps and collaterized debt obligations

Credit default swaps and collaterized debt obligations

  • Order:
  • Duration: 2:03
  • Updated: 02 May 2016
  • views: 409
videos
A nice clip from "The Big Short" on CDS and CDO.
https://wn.com/Credit_Default_Swaps_And_Collaterized_Debt_Obligations
Credit Default Swaps CDS - (مقايضة الإئتمان الافتراضي (سي دي اس

Credit Default Swaps CDS - (مقايضة الإئتمان الافتراضي (سي دي اس

  • Order:
  • Duration: 3:20
  • Updated: 20 Aug 2014
  • views: 1683
videos
A short video that explains the definition of Credit Default Swap فيديو قصير يشرح مقايضة الائتمان الافتراضي We visualize the world's way of thinking .. Think, Free & Simple Follow us on Twitter: https://twitter.com/TFS_tweet Like our page on Facebook: https://www.facebook.com/ThinkFinancialStudies Check our website: https://www.tfs.ae Don't forget to subscribe our channel
https://wn.com/Credit_Default_Swaps_Cds_(مقايضة_الإئتمان_الافتراضي_(سي_دي_اس
France Credit Default Swaps

France Credit Default Swaps

  • Order:
  • Duration: 6:46
  • Updated: 17 Nov 2011
  • views: 145
videos
Watch Out World - The Frence Credit Default Swaps are getting expensive
https://wn.com/France_Credit_Default_Swaps
Credit Card Default Rate Skyrockets to Crisis Levels In Economic Collapse 2017

Credit Card Default Rate Skyrockets to Crisis Levels In Economic Collapse 2017

  • Order:
  • Duration: 7:02
  • Updated: 11 Jun 2017
  • views: 13178
videos
Credit Card default rate skyrockets as Sub Prime loans become the only means of keeping the economy alive. Economic collapse 2017 gets much worse as we have seen lending standards fall to meet quota. The American consumer is tapped out and the engine is on E but the real goal is to keep everybody calm on the way down.
https://wn.com/Credit_Card_Default_Rate_Skyrockets_To_Crisis_Levels_In_Economic_Collapse_2017
Wall Street's Shadow Market

Wall Street's Shadow Market

  • Order:
  • Duration: 12:04
  • Updated: 05 Oct 2008
  • views: 77882
videos
Steve Kroft looks at some of the arcane Wall Street financial instruments that have magnified the economic crisis.
https://wn.com/Wall_Street's_Shadow_Market
Nightcore -  Braverly Default - [ World of Scattering Flowers ]

Nightcore - Braverly Default - [ World of Scattering Flowers ]

  • Order:
  • Duration: 3:54
  • Updated: 26 Oct 2016
  • views: 51
videos
World of Scattering Flowers from Braverly Default ( Nightcore Version) Discalimer: All rights to this track goes to the composer Revo from the band Linked Horizon. Credit also goes to producer Koji Takahashi and publisher Square Enix. (A.K.A. the best game company ever!). Enjoy!
https://wn.com/Nightcore_Braverly_Default_World_Of_Scattering_Flowers
CDS (Credit Default Swap)

CDS (Credit Default Swap)

  • Order:
  • Duration: 2:57
  • Updated: 26 Sep 2014
  • views: 17
videos
https://wn.com/Cds_(Credit_Default_Swap)
Credit Default Swaps 4 Dummies

Credit Default Swaps 4 Dummies

  • Order:
  • Duration: 10:47
  • Updated: 20 Mar 2009
  • views: 5695
videos
Unfortunately, most Americans have no idea how our economy collapsed. Please help to inform those around you! Why are our tax dollars going to fund these bets? I say shut the whole thing down and start over! If you gambled, well, you lost!
https://wn.com/Credit_Default_Swaps_4_Dummies
Scourge Of The Financial Crisis, Credit Default Swaps Are Back

Scourge Of The Financial Crisis, Credit Default Swaps Are Back

  • Order:
  • Duration: 1:07
  • Updated: 24 Aug 2017
  • views: 62
videos
Blamed for making the 2008 financial crisis even worse than it might have been, Credit default swaps are back on the market. The default swaps were central to the investment bank's unraveling, and are essentially a financial contract in which a buyer of corporate debt in the form of bonds attempts to eliminate loss by receiving insurance against loss as part of the agreement. Designed to protect those who own corporate bonds from the risk of default, the seller takes on the risk in return for an upfront and periodic payments throughout the lifetime of the agreement. These Credit default swaps have been growing in popularity again since 2015, as investors turn to riskier products in pursuit of higher returns. According to the Financial Times, low volatility in credit markets and high prices for corporate debt have encouraged the growth in activity, with the value of trades for this year up to $30 billion, compared with $15 billion in 2016 and $10 billion in 2015. And when asked about the risk of a high number of defaults, a hedge fund trader told the paper, "I am terrified of it," but added that he did not think it would happen. http://www.businessinsider.com/credit-default-swaps-post-financial-crisis-product-popular-again-2017-8 http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com
https://wn.com/Scourge_Of_The_Financial_Crisis,_Credit_Default_Swaps_Are_Back
The Financial Crisis of 2008 - the most dangerous crisis since the Great Depression  (Documentary)

The Financial Crisis of 2008 - the most dangerous crisis since the Great Depression (Documentary)

  • Order:
  • Duration: 2:49:16
  • Updated: 30 Jun 2016
  • views: 1268
videos
In 2008 the world economy faced its most dangerous crisis since the Great Depression of the 1930s. The contagion, which began in 2007 when sky-high home prices in the United States finally turned decisively downward, spread quickly, first to the entire U.S. financial sector and then to financial markets overseas. The casualties in the United States included a) the entire investment banking industry, b) the biggest insurance company, c) the two enterprises chartered by the government to facilitate mortgage lending, d) the largest mortgage lender, e) the largest savings and loan, and f) two of the largest commercial banks. The carnage was not limited to the financial sector, however, as companies that normally rely on credit suffered heavily. The American auto industry, which pleaded for a federal bailout, found itself at the edge of an abyss. Still more ominously, banks, trusting no one to pay them back, simply stopped making the loans that most businesses need to regulate their cash flows and without which they cannot do business. Share prices plunged throughout the world-the Dow Jones Industrial Average in the U.S. lost 33.8% of its value in 2008-and by the end of the year, a deep recession had enveloped most of the globe. In December the National Bureau of Economic Research, the private group recognized as the official arbiter of such things, determined that a recession had begun in the United States in December 2007, which made this already the third longest recession in the U.S. since World War II. Each in its own way, economies abroad marched to the American drummer. By the end of the year, Germany, Japan, and China were locked in recession, as were many smaller countries. Many in Europe paid the price for having dabbled in American real estate securities. Japan and China largely avoided that pitfall, but their export-oriented manufacturers suffered as recessions in their major markets-the U.S. and Europe-cut deep into demand for their products. Less-developed countries likewise lost markets abroad, and their foreign investment, on which they had depended for growth capital, withered. With none of the biggest economies prospering, there was no obvious engine to pull the world out of its recession, and both government and private economists predicted a rough recovery. How did a crisis in the American housing market threaten to drag down the entire global economy? It began with mortgage dealers who issued mortgages with terms unfavourable to borrowers, who were often families that did not qualify for ordinary home loans. Some of these so-called subprime mortgages carried low "teaser" interest rates in the early years that ballooned to double-digit rates in later years. Some included prepayment penalties that made it prohibitively expensive to refinance. These features were easy to miss for first-time home buyers, many of them unsophisticated in such matters, who were beguiled by the prospect that, no matter what their income or their ability to make a down payment, they could own a home. Mortgage lenders did not merely hold the loans, content to receive a monthly check from the mortgage holder. Frequently they sold these loans to a bank or to Fannie Mae or Freddie Mac, two government-chartered institutions created to buy up mortgages and provide mortgage lenders with more money to lend. Fannie Mae and Freddie Mac might then sell the mortgages to investment banks that would bundle them with hundreds or thousands of others into a "mortgage-backed security" that would provide an income stream comprising the sum of all of the monthly mortgage payments. Then the security would be sliced into perhaps 1,000 smaller pieces that would be sold to investors, often misidentified as low-risk investments. The insurance industry got into the game by trading in "credit default swaps"-in effect, insurance policies stipulating that, in return for a fee, the insurers would assume any losses caused by mortgage-holder defaults. What began as insurance, however, turned quickly into speculation as financial institutions bought or sold credit default swaps on assets that they did not own. As early as 2003, Warren Buffett, the renowned American investor and CEO of Berkshire Hathaway, called them "financial weapons of mass destruction." About $900 billion in credit was insured by these derivatives in 2001, but the total soared to an astounding $62 trillion by the beginning of 2008. -~-~~-~~~-~~-~- Please watch: "EXPOSING: Roman Curia (Catholic Church) And Global Pedophila Networks" https://www.youtube.com/watch?v=mxGgRSRDuRM -~-~~-~~~-~~-~-
https://wn.com/The_Financial_Crisis_Of_2008_The_Most_Dangerous_Crisis_Since_The_Great_Depression_(Documentary)
Credit Default Swaps for dummies.

Credit Default Swaps for dummies.

  • Order:
  • Duration: 1:45
  • Updated: 17 Jul 2011
  • views: 18647
videos
From "Inside Job", Credit default swaps explained.
https://wn.com/Credit_Default_Swaps_For_Dummies.
US Financial Crisis

US Financial Crisis

  • Order:
  • Duration: 9:09
  • Updated: 14 Jun 2011
  • views: 13564
videos
This time I'll explain how the US Financial Crisis occurred! You'll learn: What a Derivative is | What a Collateralized Debt Obligations is | How Credit Default Swaps Work | The Dangers of Unregulated Markets Source Federal Reserve Boards Survey of Consumer Affairs and US Census Presentation is Free Here : http://goo.gl/wTaz3
https://wn.com/US_Financial_Crisis
The Nerd Who Broke The World

The Nerd Who Broke The World

  • Order:
  • Duration: 3:43
  • Updated: 18 May 2011
  • views: 57
videos
Unfinished edit of an explanation of credit-default swaps.
https://wn.com/The_Nerd_Who_Broke_The_World
Latest Top 10 Post Codes In Risk Of Mortgage Default

Latest Top 10 Post Codes In Risk Of Mortgage Default

  • Order:
  • Duration: 8:44
  • Updated: 08 May 2017
  • views: 165
videos
We count down the top 10 post codes based on our mortgage stress and default analysis to April 2017
https://wn.com/Latest_Top_10_Post_Codes_In_Risk_Of_Mortgage_Default
The Goldman Sachs Trader: Are Credit Default Swaps Regulated? Collateralized Debt Obligations (2013)

The Goldman Sachs Trader: Are Credit Default Swaps Regulated? Collateralized Debt Obligations (2013)

  • Order:
  • Duration: 43:36
  • Updated: 14 Nov 2015
  • views: 776
videos
In April 2010, the SEC charged Goldman Sachs and one of its vice presidents, Fabrice Tourre, with securities fraud. The SEC alleged that Goldman had told buyers of one of its investment deals (a type called a "synthetic CDO"), that the underlying assets in the deal had been picked by an independent CDO manager, ACA Management. In fact, a short investor betting that the CDO would default (Paulson & Co. hedge fund group) had played a "significant role" in the selection,[115] and the package of securities turned out to become "one of the worst-performing mortgage deals of the housing crisis".[192] On July 15, 2010, Goldman settled, agreeing to pay the SEC and investors US$550 million.[117] In August 2013 Tourre was found liable on six of seven counts by a federal jury.[193][194] Unlike many investors and investment bankers, Goldman Sachs anticipated the Subprime mortgage crisis that developed in 2007-8.[128] Some of its traders became "bearish" on the housing boom beginning in 2004 and developed mortgage-related securities, originally intended to protect Goldman from investment losses in the housing market. In late 2006, Goldman management changed the firm's overall stance on the mortgage market, from positive to negative. As the market began its downturn, Goldman "created even more of these securities", no longer just hedging or satisfying investor orders but "enabling it to pocket huge profits" from the mortgage defaults, (according to business journalists Gretchen Morgenson, Bethany McLean and Joe Nocera).[195][196] The complex securities were known as synthetic CDOs (collateralized debt obligations). They were called synthetic because unlike regular CDOs, the principle and interest they paid out came not from mortgages or other loans, but from premiums to pay for insurance against mortgage defaults—the insurance known as "credit default swaps". Goldman and some other hedge funds held a "short" position with the securities, paying the premiums, while the investors (insurance companies, pension funds, etc.) receiving the premiums were the "long" position. The longs were responsible for paying the insurance "claim" to Goldman and any other shorts if the mortgages or other loans defaulted. Through April 2007 Goldman issued over 20 CDOs in its "Abacus" series[197] worth a total of US$10.9 billion. All together Goldman packaged, sold, and shorted a total of 47 synthetic CDOs, with an aggregate face value of US$66 billion between July 1, 2004, and May 31, 2007.[198] But while Goldman was praised for its foresight, some argued its bets against the securities it created gave it a vested interest in their failure. These securities performed very poorly (for the long investors) and by April 2010, Bloomberg reported that at least US$5 billion worth of the securities either carried "junk" ratings, or had defaulted.[199] One CDO examined by critics which Goldman bet against, but also sold to investors, was the US$800 million Hudson Mezzanine CDO issued in 2006. Goldman executives stated that the company was trying to remove subprime securities from its books in the Senate Permanent Subcommittee hearings. Unable to sell them directly it included them in the underlying securities of the CDO and took the short side, but critics (McLean and Nocera) complained the CDO prospectus did not explain this but described its contents as "'assets sourced from the Street', making it sound as though Goldman randomly selected the securities, instead of specifically creating a hedge for its own book."[200] The CDO did not perform well and by March 2008—just 18 months after its issue—so many borrowers had defaulted that holders of the security paid out "about US$310 million to Goldman and others who had bet against it".[128] Goldman's head of European fixed-income sales lamented in an email made public by the Senate Permanent Subcommittee on Investigations, the "real bad feeling across European sales about some of the trades we did with clients" who had invested in the CDO. "The damage this has done to our franchise is very significant."[200] Critics also complain that while Goldman's investors were large, ostensibly sophisticated banks and insurers, at least some of the CDO securities and their losses filtered down to small public agencies—"money used to run schools and fix potholes and fund municipal budgets"[201]—via debt sold by a structured investment vehicle of IKB bank, an ABACUS investor. In public statements Goldman claimed that it shorted simply to hedge and was not expecting the CDOs to fail. It also denied that its investors were unaware of Goldman's bets against the products it was selling to them.[128] Goldman is also alleged to have tried to pressure the credit rating service Moody's to rate its products higher than the fundamentals called for. https://en.wikipedia.org/wiki/Goldman_Sachs Image by Georges Biard [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons
https://wn.com/The_Goldman_Sachs_Trader_Are_Credit_Default_Swaps_Regulated_Collateralized_Debt_Obligations_(2013)
FALSE PERCEPTION OF LIVING IN A WORLD OF INFINITE CREDIT - 11 20 15 - FRA w/Alasdair Macleod

FALSE PERCEPTION OF LIVING IN A WORLD OF INFINITE CREDIT - 11 20 15 - FRA w/Alasdair Macleod

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  • Duration: 34:16
  • Updated: 25 Nov 2015
  • views: 2296
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As part of the ongoing series of the Austrian School of economics, FRA co-founder Gordon T. Long deliberates with Alasdair Macleod, head of research at GoldMoney. Mr. Macleod began his career as a stockbroker in 1970 on the London Stock Exchange. Through experience he rapidly learned about things as diverse as mining shares and general economics, within nine years he had risen to become senior partner of his firm. “I want to destroy this business of printing money as the solution to everything.” Subsequently, he has held positions at director level in investment management, as a mutual fund manager, and also at a bank in Guernsey as an executive director. For most of his 40 years in the finance industry, he has been de-mystifying macro-economic events for his investing clients. From the accumulation of his experience he concluded that unsound monetary policies are the most destructive weapon governments’ use against people. Mr. Macleod strives to educate and inform the public in layman’s terms what governments do with money and how to protect themselves from the consequences. WHAT IS AUSTRIAN ECONOMICS “Prices are entirely subjective.” It began with Carl Menger who was one of the 3 economics who came up with marginal theory of prices. Where Menger differed from other two was that he appreciated that prices were purely subjective. You cannot forecast tomorrow’s prices because prices are determined by the consumer who always has the option to buy. “It overturns the cost theory of prices which is what Adam Smith believed in. It is completely irrelevant.” The law of the markets, the reason you and I work is we go out to earn something. We need to transform our skills into consumption. In a free market economy we have people who use their skills to earn money for consumption; the intermediary in this is money. Money is nothing more than the temporary storage of someone’s labour that is transferrable into goods. If you understand this you will see how unsound money is bad for an economy. The idea by printing money which runs a budget deficit that a government can generate economic growth is nonsense. “In regards to investing one thing that is desperately important to understand is that asset prices always refer back to their production.” This applies across every asset that you buy. If you see that the prices of assets have moved away from their underlining productive value then you know that you are in a bubble. A WORLD OF INFINITE CREDIT “The world post 1970’s is a completely different world from before the 1970s.” After 1981 rates had been lifted to a point which stopped the relationship between businesses and savers. This is what killed the price inflation up until the early 90s. Banks not only had the liberty to print credit but also to monopolize and control securities markets, if you combine these two thongs together; it is basically a money making machine, which is what we have today. The end point in credit comes from the logical conclusion of that development. At every cyclical peak the level of interest rates which collapse the economy gets lower. The reason it gets lower is because this combination of credit control in securities markets does nothing more than just pumps up the level of debt. The overhang of debt means the rise in interest rates to stop the economy from getting out of control is getting lower. You cannot raise interest rates by more than one or two percent without serious economic dislocation. NEGATIVE NOMINAL INTEREST RATES “The effect of negative interest rates would be to throw every commodity into backwardation.” There is no doubt that negative interest would drive up inflation, or rather, it would lower the purchasing power of said currency. Negative interest rates for the reserve currency in which all commodities are priced have a severe risk which will generate runaway inflation, but in fact it is a collapse. In order to make negative interest rates work you need to ban cash entirely. I have no doubt at all that that is the underlying reason why there is so much emphasis on anti-money laundering. THE FMQ CONCEPT “The fiat money quantity is the amount of money that would have to be redeemed for gold that once was deposited.” The fiat money quantity was put together to try to quantify the amount of money that Is being issued in return for the gold that we originally gave to our banks which the banks then handed to the federal reserve. The reason for doing this is to try to get an idea of how much money is not only in public circulation, but also not in public circulation and potentially in public circulation. From looking at the Feds balance sheet and considering other factors like repos and reverse repos, we see that the growth curve has taken off; and in the very broadest sense we have monetary hyperinflation.
https://wn.com/False_Perception_Of_Living_In_A_World_Of_Infinite_Credit_11_20_15_Fra_W_Alasdair_Macleod
FRM: How d2 in Black-Scholes becomes PD in Merton model

FRM: How d2 in Black-Scholes becomes PD in Merton model

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  • Duration: 10:01
  • Updated: 07 Aug 2008
  • views: 36070
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In Black-Scholes, N(d2) is the probability that the option will be struck in the risk-neutral world. The Merton model for credit risk uses the Black-Scholes by treating equity as a call option on firm assets. In Merton, d2 becomes the "distance to default" and N(-d2) becomes the probability of default (PD). For more financial risk videos, visit our website! http://www.bionicturtle.com
https://wn.com/Frm_How_D2_In_Black_Scholes_Becomes_Pd_In_Merton_Model
Jewish World TV Episode 2011 Trump & Lincoln Assassination

Jewish World TV Episode 2011 Trump & Lincoln Assassination

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  • Duration: 29:34
  • Updated: 21 Aug 2017
  • views: 20
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Financial Crash of 1937 (Great Panic) to 1865 mirrors the Great Recession of 2007 and Credit Default Swap Market collapse of 2017. Lincoln's assassination by General Grant and the US Senators, Congressman & Generals behind the assassination
https://wn.com/Jewish_World_Tv_Episode_2011_Trump_Lincoln_Assassination
Credit Default Swaps

Credit Default Swaps

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  • Duration: 14:40
  • Updated: 09 May 2016
  • views: 34
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BG Consulting provides the highest quality talent development solutions to the financial services sector. Based in London, we provide training all around the world. The key to our success is the extensive frontline banking experience of our trainers combined with a proven track record in highly effective teaching. Our training courses cover a wide variety of disciplines across capital markets, cash and derivative products; corporate finance; accounting and financial analysis; and credit. Look to BG Consulting for financial modelling training, global banking training, investment banking training, and banking courses. Some types of training we do include financial markets training, derivatives training, derivatives courses, credit training and credit courses. For more information, visit www.bgconsulting.com
https://wn.com/Credit_Default_Swaps
The Big Short - Credit Swaps

The Big Short - Credit Swaps

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  • Duration: 6:24
  • Updated: 05 Mar 2016
  • views: 217622
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Dr. Michael Burry bets against the then iron clad housing market by having multiple banks create credit swaps and then selling mortgage backed securities short. Straight come up.
https://wn.com/The_Big_Short_Credit_Swaps
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