Primus seeks edge in CDS protection market

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“There’s no-one else who really does what we do,” claims Thomas Jasper, co-founder and chief executive officer of Primus Financial Products, a synthetic credit risk investment firm in New York with $224 million in equity and other capital, which began trading in June. Jasper should know. He was chief architect of the interest rate swaps business at Salomon Smith Barney from its beginnings in 1983. He is also a founding member and was the first chairman of the International Swaps and

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