R&R Consulting principal Ann Rutledge is interviewed in an article on how to address the monopoly rating agencies currently enjoy, to the detriment of the debt market and the economy as a whole.
Read the full article by Vanessa Drucker, “Second Rate,” on the FundStrategy website.
Also posted in Rating Agencies |
R&R Consulting principal Ann Rutledge is interviewed at length on the Daily Finance website about the need for drastic reforms to address shortcomings in the CDO market highlighted by the Goldman Sach Abacus case.
Read the full interview by Peter Cohan, “Behind the $4 Trillion in CDOs: Sneaky Banks and Worthless Ratings,” Daily Finance, April 26, 2010
David Fiderer recently explored the deeper ramifications of the Goldman Sachs controversy in a hard-hitting essay on Huffington Post entitled John Paulson Defends His Toxic CDOs By Insulting Everyone’s Intelligence.” R&R Consulting’s Ann Rutledge solicits his further thoughts on the subject.
Ann Rutledge (AR): David, this is a painstaking reconstruction of the milestones of public awareness (or […]
R&R Consulting principal Ann Rutledge is quoted in an Associated Press article about the role of short-sellers in the mortgage securities debacle.
Read the article by Bernard Condon, “Does Goldman case tarnish Cassandras of the crash?”, Associated Press, April 21, 2010.
R&R Consulting Principal Ann Rutledge talks with Bloomberg Television about the “toxic” resecuritizations that doomed AIG.
Watch the Bloomberg telecast on YouTube, “Rutledge Says AIG Had ‘Recipe For Implosion’ With CDOs: Video,” and read a write-up on Bloomberg.com, “How Lou Lucido Let AIG Lose $35 Billion with Goldman Sachs CDOs.”
An article in the current issue of Corporate Board Member quotes R&R Consulting principals Sylvain Raynes and Ann Rutledge on the effects new corporate strategies can have on credit ratings. Read the full article by Sharon Kahn, “Why Risking a Lower Credit Rating Can Make Good Strategic Sense.”
A common diagnosis of the housing debacle is that lenders lacked “skin in the game,” and so made loans without regard to risk. A proposed overhaul of financial regulation being debated in Congress would require securitizers of mortgages to keep, at minimum, between 5% and 10% interest in the pools. The bigger question is whether […]
R&R Consulting’s Ann Rutledge notes that the financial crisis has demonstrated the need for new fraud risk models to facilitate sound economic decisions within the capitalist framework. Paradoxically, while improper use of securitization brought on the financial crisis, properly implemented securitization models could help revive the economy by recycling capital more efficiently and transparently.
Read “The Paradox […]
R&R Consulting’s Ann Rutledge comments on the importance of updating structured security ratings — a service provided by R&R’s patented ABSTRAK technology — in “When Bond Ratings Get Stale” by Gretchen Morgenson, The New York Times, October 10, 2009.