Crashes and Crises: Lessons from a History of Financial Disasters

Bankers Trust Swaps (1x15)

Fecha de emisión: Ago 16, 2018

Learn the ropes for interest rate swaps, the most popular financial derivative in the world. Then, see how a complex form of swaps, brokered by Bankers Trust in the early 1990s, led to huge losses for some famous corporations and an ensuing round of bitter lawsuits. The case holds lessons for anyone investing in financial instruments that they don't fully understand.