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Derivatives: An explanation

Credit default swaps? They're complicated — and scary! The receipt you get when you pre-order your Thanksgiving turkey? Not so much. But they have a lot in common: They're both derivatives. Senior Editor Paddy Hirsch explains.

Whiteboard Derivatives
Whiteboard Derivatives
Marketplace

Credit default swaps? They’re complicated — and scary! The receipt you get when you pre-order your Thanksgiving turkey? Not so much. But they have a lot in common: They’re both derivatives. Senior Editor Paddy Hirsch explains.

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