Imagine this: using credit-default swaps to solve "too big to fail."

Too good to be true? Could a product vilified as a cause of the 2008 financial crisis provide the solution to an intractable policy problem of how to regulate the largest firms?

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.