Authors: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.

Matt Taibbi

Copyright © 2001 - 2014 BrainyQuote