credit default swaps
Blythe Masters Tells How The World Really Works
Blythe: Hello, I am Blythe Masters, Vice-President of Global Commodities here at J P Morgan. As you know, I am the creator of Credit Default Swaps, a 700 trillion dollar plus market. I want to welcome the two of you as J P Morgan’s newest board members. I am going to give you a tour and brief introduction into how Morgan and the world really works. I am sure you know you were selected for the board because we are expanding into areas that require your corporate expertise, in Internet surveillance and mercenaries.
