Fitch Downgrades Greece's Credit Rating – DealBook Blog – NYTimes.com

Greece was hit with another financial headache Friday after Fitch Ratings slashed its credit rating on the country’s debt because of concerns about the government’s ability to get a handle on its debt mountain, Reuters reported.

Janet Tavakoli: Washington Must Ban U.S. Credit Derivatives as …

Credit default swaps are not insurance. If you buy fire insurance on your home, you must own the house. If you buy credit protection on the United States, however, you do not need to own US Treasury bonds.

More on speculation: Banks, Credit Default Swaps, and Greece's …

If there is an abundance of information on price–because traders are shorting the stock or rushing for credit default swaps, then that information will tend to swing the price and make it much more difficult for speculators to absorb …

Credit Default Swaps Are Dangerous, US Taxpayers Are Still On The Hook

Derivatives are responsible for much of the interconnectedness between banks and other institutions that made the financial collapse accelerate in the way that it did, costing taxpayers hundreds of billions in bailouts.

Stock market shenanigans | Money Supply | FT.com

The top economics writers at the Financial Times share insights into the global economy, and the central bankers and policymakers who shape it.

Car Insurance Quotes | Cars Tips | Complete Car Tips

Fortunately, finding cheap car insurance quotes from reputable companies is easier than you think. CarInsuranceQuotes.com has partnered with companies like AIG, Nationwide and Progressive which helps our customers get car insurance …

Holidays Single Travellers – Guide to Cheap Annual Travel Insurance

Regardless of where you travel , you should always purchase travel insurance . It is an easy way to protect your hard earned money as well as putting your mind at complete rest. If you are making more than one trip in a year, …