Sentence examples for swaps it from inspiring English sources
If SAC had sold its swaps, it would have had to notify the Wall Street bank that it entered into the swap transaction with and, in turn, the bank's trader would have most likely sold the shares on the open market.
Citigroup had previously said that it would participate if credit-default swaps it had purchased to hedge its bond position were bought out.
When A.I.G. began to teeter in the last few days, it became clear that if it defaulted on its commitments under the swaps, it could set off a devastating chain reaction through the financial system.
It is not enough to know that bank X has a certain quantity of Greek debt on its books, nor even how many credit default swaps it is holding.
If the fund makes enough money from the pay-out of the credit-default swaps, it may prefer to use the voting rights on its debt to ensure that the firm goes bust rather than negotiate a way to avoid bankruptcy.So far there is little hard evidence that hedge funds are doing this.
If the insurer had forced its Wall Street counterparties to take a "haircut" on the swaps, it wouldn't have needed to borrow so much money from the government, and it wouldn't have had to give up so much stock, Boies will claim.
Then they would quietly swap it out as the legislation made its way to the Senate floor.
When an investor buys a credit default swap, it is essentially buying insurance on its investment.
I'll swap it for anything!
She's right, so we swap it.
