What would happen if a government (not this one, surely, but some US government) declared all credit default swap contracts null and void?
Just killed them all. No more payments, no more indemnification.
What would happen?
What would happen if a government (not this one, surely, but some US government) declared all credit default swap contracts null and void?
Just killed them all. No more payments, no more indemnification.
What would happen?