This article is in relation to Greek’s CDS? What’s a Credit event? ·         Failure to pay debts ·         Moratorium on payments ·         Restructuring (i.e. haircut, extension) This is an extract from a Bloomberg article ‘CDS May Not Pay Out on Greek Bond Rollover’ with David Geen, general counsel at the ISDA to the question of what constitutes a credit event? With Erik Schatzker. Erik posed ...