Opposition Republican leaders agree on the need to raise the borrowing limit by August second or risk the nation's first default.
VOA: special.2011.07.15
(JOSH BIRNBAUM) "Our desk began to accumulate short positions, purchasing protection on individual securities through credit default swaps, largely from external C.D.O.managers who asked us to bid for these positions."
VOA: special.2010.04.30
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