{
  "id": "RS22932",
  "type": "CRS Report",
  "typeId": "REPORT",
  "number": "RS22932",
  "active": false,
  "source": "University of North Texas Libraries Government Documents Department",
  "versions": [
    {
      "source": "University of North Texas Libraries Government Documents Department",
      "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc819587/",
      "id": "RS22932_2008Sep09",
      "date": "2008-09-09",
      "retrieved": "2016-03-19T13:57:26",
      "title": "Credit Default Swaps: Frequently Asked Questions",
      "summary": null,
      "type": "CRS Report",
      "typeId": "REPORT",
      "active": false,
      "formats": [
        {
          "format": "PDF",
          "filename": "files/20080909_RS22932_c64e6ac07cb8c40430c410ce76b890cf22823662.pdf"
        },
        {
          "format": "HTML",
          "filename": "files/20080909_RS22932_c64e6ac07cb8c40430c410ce76b890cf22823662.html"
        }
      ],
      "topics": []
    },
    {
      "source": "University of North Texas Libraries Government Documents Department",
      "sourceLink": "https://digital.library.unt.edu/ark:/67531/metacrs10780/",
      "id": "RS22932_2008Jul30",
      "date": "2008-07-30",
      "retrieved": "2008-12-11T20:32:28",
      "title": "Credit Default Swaps: Frequently Asked Questions",
      "summary": "Credit default swaps are contracts that provide protection against default by third parties, similar to insurance. These financial derivatives are used by banks and other financial institutions to manage risk. The rapid growth of the derivatives market, the potential for widespread credit defaults (such as defaults for subprime mortgages), and operational problems in the over-the-counter (OTC) market where credit default swaps are traded, have led some policymakers to inquire if credit default swaps are a danger\r\nto the financial system and the economy. This report defines credit default swaps, explains their use by banks for risk management, and discusses the potential for systemic risk.",
      "type": "CRS Report",
      "typeId": "REPORT",
      "active": false,
      "formats": [
        {
          "format": "PDF",
          "filename": "files/20080730_RS22932_64ca07e37d2b060e3cc9791c11f5c533fd781014.pdf"
        },
        {
          "format": "HTML",
          "filename": "files/20080730_RS22932_64ca07e37d2b060e3cc9791c11f5c533fd781014.html"
        }
      ],
      "topics": [
        {
          "source": "LIV",
          "id": "Consumers",
          "name": "Consumers"
        },
        {
          "source": "LIV",
          "id": "Finance",
          "name": "Finance"
        },
        {
          "source": "LIV",
          "id": "Credit insurance",
          "name": "Credit insurance"
        },
        {
          "source": "LIV",
          "id": "Derivative securities",
          "name": "Derivative securities"
        },
        {
          "source": "LIV",
          "id": "Banks and banking",
          "name": "Banks and banking"
        },
        {
          "source": "LIV",
          "id": "Credit",
          "name": "Credit"
        }
      ]
    }
  ],
  "topics": [
    "Economic Policy"
  ]
}