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Message: Entry: Faith-Based Economy Link: http://www.takimag.com/blogs/article/faith_based_economy#20735 Post contents: @ Vissarion Pardon my ignorance. What is meant by "notional" in this context, and who bears the "notional" risk? Surely the credit swap relates to an instrument with the actual value as stated. I clearly unclear on the matter. Sent at: 2008 07 20