Interesting articles about the challenges of over-the-counter (OTC) derivatives documentation, and how the ISDA ‘standard’ language (HuffPo) used in some swaps is designed to favor one party. Also, another lesson learned from Greece: don’t use interest rate swaps and/or cross currency swaps to alter debt-to GDP ratios. (Bloomberg) Another few reasons to get independent advice on this stuff, folks.
Categories: Articles of InterestDerivatives