Famous Quotes & Sayings

Quotes & Sayings About Interest Rate Swaps

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Interest Rate Swaps Quotes By Matt Taibbi

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