PRIME Fellow Joseph (Joe) P. Bauman asks: Why were Credit Derivative Product Companies (CDPCs) able to survive the disruptions of the 2007-2008 global financial crisis and achieve “soft landings” without incurring losses for key stakeholder groups while other similarly structured and rated credit risk-taking companies and investment vehicles could not survive the market turbulence with the result of significant financial losses for their stakeholders?
About NIAS Seminars
NIAS Seminars are aimed to stimulate scientific cross-pollination within the NIAS academic community, but seminars are open to others who are interested. Please let us know if you wish to attend.