Challenges and opportunities for Isda in 2012

Challenges and opportunities

Robert Pickel
Bob Pickel, Isda

The unexpected has become the norm in the post-Lehman world, where it has been shown that even European sovereign nations can endure a credit event. There is still room for surprises, though. While the situation in Greece rumbled on for months, culminating with a debt restructuring in March that many had predicted long in advance, a decision by the International Swaps and Derivatives Association to file a lawsuit against the Commodity Futures Trading Commission (CFTC) late last year came like