Sentence examples for sold protection from inspiring English sources

The bank holds $145 billion more in sold protection than purchased protection.

Goldman Sachs, for instance, had $123 billion more purchased protection than sold protection in the first quarter.

This is a very real threat: America's monoline insurers, which have sold protection via CDS contracts, are in dire straits.

Banks sold protection against job losses to the self-employed, who could not possibly have been eligible to claim.

Michael Buthe, the chief investment officer, said that the company had sold protection only on investment-grade bonds, which the company considered unlikely to default.

One theory why JPMorgan has all the sold protection is that the bank has been using derivatives to get extra exposure to credit markets and additional income.

Most important, for the modern player, it sells protection.

JPMorgan's losses stem chiefly from the derivatives in the hedge that sells protection.

One trader can both buy and sell protection on the same bonds, too.

Former employees and customers at the giant music retailer described problems with how it sells protection plans, particularly in Puerto Rico.

To sell protection against a three-figure fee while leaving members exposed to a seven-figure judgment doesn't make much sense.