CDS have destroyed our sharesBut the potential damage that CDS could do was not limited to financial firms, Mr. Soros added. He pointed to the bankruptcy of North America's largest newsprint maker, AbitibiBowater Inc., and the pending bankruptcy of General Motors.
https://www.theglobeandmail.com/globe-investor/ban-cds-as-instruments-of-destruction-soros-says/article4394993/