Mark Mobius: Derivatives Still Threaten Global Markets
December 23 — Derivatives, made famous during the U.S. housing collapse when credit default swaps pummeled the U.S. financial system, still threaten the global financial system, says Mark Mobius, executive chairman of Templeton Emerging Markets Group.
While dependency on derivatives aren't posing any immediate crisis on the global financial system, they do merit watching. "There is a big risk that faces the entire financial system, and that has to do with derivatives," Mobius tells CNBC. Read More.
