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Default Swaps Get Activist Revival.

Authors :
Wirz, Matt
Jarzemsky, Matt
McGinty, Tom
Source :
Wall Street Journal - Eastern Edition. 12/24/2014, Vol. 264 Issue 149, pC1-C2. 2p. 2 Graphs.
Publication Year :
2014

Abstract

The article discusses the use of credit-default swaps (CDS) by activist investors. A form of insurance on corporate debt, CDS have been exploited by hedge funds and other activists seeking to either push a company into default or stave it off. Specific examples cited include those related to Sabine Oil and Gas LLC and retailer RadioShack Corp.

Details

Language :
English
ISSN :
00999660
Volume :
264
Issue :
149
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
100097236