Courtesy of Box Office Mojo, we now have the official (more or less) tally of the year’s top ten films. What does this top ten list tell us?The Dark Knight — $530.8 million (estimated budget $185 million)Iron Man […] Continue Reading…
With Warner Brothers’ recent decision to cut their ties with the production of low budget films, 2008 is widely seen as the year that independent filmmaking died. However, this obituary may be a tad premature. The truth of the […] Continue Reading…
Recently the Financial Economists Roundtable (FER) posted a summary of their thinking in July 2008 on Reforming the Role of Statistical Rating Organizations [SROs] in the Securitization Process. The FER is a group of senior financial economists who […] Continue Reading…
By admin | Published:
December 13, 2008
…R&R’s site traffic! Google Analytics’ site statistics and benchmarking software indicates that our site is outperforming other small business Web sites on a number of dimensions:Bounce Rate = 42.30% [vs. 56.42% in peer Web sites]Visit Depth (Pages/Visit) = 3.5 […] Continue Reading…
By admin | Published:
December 6, 2008
“The mistaken notion that Moody’s was a company like any other, that was very fundamental,” said Sylvain Raynes, a former Moody’s analyst who is co-founder of R&R Consulting, a firm that helps investors gauge debt risks. “It is not […] Continue Reading…
By admin | Published:
December 5, 2008
The Securities and Exchange Commission’s long-awaited new rules for bond rating agencies will do little to alter the practices that helped lead to the financial crisis, experts claimed…. “The market has barely taken note of the SEC action because […] Continue Reading…
My recent post on the sorry state of financial engineering seems to have touched a raw nerve in the FE community.I will not attempt to respond to anonymous comments since the US Constitution gives every citizen the right to […] Continue Reading…
We are the CDO makers,and we are the dreamers of dreams.Betting on lone loss triggers,and trading in eclectic teams.Spread losers and yield forsakers,for whom the pale bonus gleams.Yet we are the sole underwriters,of the deals, forever it seems!Fantasia on […] Continue Reading…
By admin | Published:
November 26, 2008
…Under the new Term Asset-Backed Securities Loan Facility, the Treasury will use taxpayer funds to protect the Fed against the first $20 billion of losses, or 10 percent, of $200 billion in exposure to AAA rated securitized consumer debt.”I […] Continue Reading…
It’s probably fair to say that, at this very moment, many of you are looking for an easy resolution, something that would enable you to move on, to accept the unacceptable. You are wondering how the devil we got […] Continue Reading…