Published: October 2009
Last Updated: November 2010
Using the Lehman Brothers bankruptcy as a cautionary tale from which valuable lessons can be learned about over-the-counter derivative transactions, PLI’s Terminating Derivative Transactions: Risk Mitigation and Close-Out Netting is a necessary corrective to the negative outcry against these ”financial weapons of mass destruction,” as Warren Buffet has termed them.
Terminating Derivative Transactions explains the legitimate purposes ...