Dephi Defied: How The credit derivatives Business Is Finding Ways to Retain Its Poise
Financial Times - November 1, 2005
The story discusses steps the credit derivatives industry has taken to deal with the bankruptcy of Delphi Corp. It discusses
how an auction to determine the price for these bonds was agreed to and acted upon by the industry. Creditex and Markit oversee
the auction. The ability to deal with this bankruptcy is seen as a major development for the market.
