Credit Default Swap Agreement

Read the following case - Citigroup Case

http://scholar.google.com/scholar_case?case=7797406245814174367&q

Answer the following questions

1. What is a credit default swap agreement ? How does it work?
2. In whose favor was a motion for a preliminary injunction granted? actual name?
3. Which party made a motion for reconsideration? actual name?
4. What was the rule of law used to decide this case? be specific.
5. What was the legal rationale used by the court in this case? be specific.

Now post your work below