ISDA’s Geen Says Greek Accord Unlikely to Trigger CDS

David Geen, ISDA general counsel, discusses the outlook for credit default swaps following the European Union’s agreement with investors for a 50 percent writedown on their Greek bond holdings. Geen speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television’s "InsideTrack." (audio only)

Watch: ISDA’s Geen Says Greek Accord Unlikely to Trigger CDS

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...