Abstract
The global over-the-counter derivatives market exceeded $33 trillion of gross market value as of year-end 2008, according to the Bank for International Settlements.1 Recent headlines suggest that derivatives – specifically, credit default swaps – pose an enormous potential systemic risk and that they are one of the root causes of the current economic crisis.2
Recommended Citation
John D. Finnerty and Kishlaya Pathak,
A Review Of Recent Derivatives Litigation,
16 Fordham J. Corp. & Fin. L. 73
(2011).
Available at: https://ir.lawnet.fordham.edu/jcfl/vol16/iss1/2