Biz Expert John Lothian On the CME and the Nature of Credit-Default Swaps

BY KAREN LEIGH – MEDILL NEWS SERVICE

Click here to listen to John Lothian, founder and editor of the John Lothian Newsletter, discuss the Chicago Mercantile Exchange (CME) Group’s effort to launch a credit-default swaps clearinghouse, and why the swaps products are both “good” and “bad.”

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