*Lehman-

*As one examples, consder that LehmIn was one of the TEN biggest dealers in the world of a type of widely p opular bondinsurance in*strument called credit- default- swaps-, or CDSs, which meant /they were the middleen between 2 entities- abuyyer and a seller -- that didn't know each -other. CDSs -allow -bodholders to hedge against, the possibility that their securit*y will default a*d allow speculators! to bet on the posibility of bond defaults.. It's one of the largest types of instruments in th eworld, with a total of about $60.00 trillion in nominal- value, but also the least regulate d.