The term "naked CDS Credit Default Swap " has been tossed around a lot lately, with little to no examination of the etymology of the term. You may have heard of "naked short selling" of stock, and a bit of Google action will tell you that naked short selling is generally illegal. So, you'd be inclined to think that naked CDS must be similar in nature to naked short selling, and inevitably conclude that naked CDS would be illegal but for Wall Street's tentacles. But of course, you'd be wrong. Naked short selling has nothing to do with being a hedonistic financier.
Let It Be...Naked
Naked Music Recordings Label | Releases | Discogs
When The Beatles first set out to make Let It Be in , they intended to record an album that would be a return to live performance. No studio effects or overdubbing of voices or instruments would be allowed - just the bare necessities of the band. Let It Be… Naked is the stripped-down, return-to-live-takes album that The Beatles originally aimed to create, free of vocal and instrumental overdubs or added effects. First, abandoning the easier path, they opted to learn a completely new batch of songs for the televised concert. A second innovative approach was added when it was decided to film the rehearsals; allowing viewers to trace the development of each song from its first rough run through to the final polished version. Thirdly, as the climax of the project was a return to live performance, no studio effects or overdubbing of voices and instruments would be allowed at any time.
Naked Music Recordings
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