EU probes -trillion credit default swaps market
BRUSSELS — The trillion credit default swaps market came under investigation on Friday by the European Union, adding to official pressures bearing down on a huge and opaque business that is widely blamed for aggravating the recent banking and euro zone debt crises. The European Commission, the EU’s executive body, said it is probing whether major investment banks, including Goldman Sachs …
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EU probes $28-trillion credit default swaps market
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