|
|
|
|
|
|
by dmitri1981
2029 days ago
|
|
|
They used credit default swaps rather than securities lending. It's an instrument that is commonly used for hedging, aka protect your position from downside risk. It can be used for taking a short position as well, though it is not short selling as such since you are not borrowing to sell, just buying a type of insurance |
|
|