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 look his accusers in the eye. People who wish to remain in the dark usually have […]
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 a Theme by William Blake
All over the world, it has become fashionable for Universities and Colleges to offer […]
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 here, how we could possibly “lose” so much so quickly. The obvious answer to this rhetorical […]
By admin | Published:
September 16, 2008
Tunisian asset manager Finaud Capital Management is preparing a $150 million film securitization. The Maghreb Media Buyout Bridge Fund aims to give independent filmmakers more access to funding, minimize investor risk and encourage film production in the Maghreb region, which includes Tunisia, Algeria, Morocco, Libya and Mauritania. “This transaction will change how independent films are […]
Sylvain Raynes and Ann Rutledge are featured in a segment of “NHK Special,” a “60 Minutes”-style public affairs program that will air in the U.S. on Sunday, July 6, at 10:00 PM EST on TV Japan. The segment originally aired nationwide in Japan on June 23.
Sylvain and Ann specifically address the subprime crisis, how it happened, […]
By admin | Published:
August 13, 2007
R&R Consulting will launch a CDS of ABS valuation engine, CDSMetrics. This includes CDS contracts written on individual tranches of RBMS transactions.
CDSMetrics is a web-enabled application successfully used by hedge fund clients of R&R to value CDS of RMBS contracts. CDSMetrics uses a loss distribution in concert with Monte Carlo simulation to generate a sequence of […]
By admin | Published:
August 7, 2007
Ever wonder what it’d be like to steer a portfolio through today’s turbulent credit market? Now you can!“The Accidental Trader”, an online game developed by New York-based structured finance consultancy R&R Consulting simulates the real-life experience of a risk manager managing the credit risks of a large portfolio. Feel the thrills and chills as your […]
By admin | Published:
August 6, 2007
Over the past few months, the financial battleground in Hollywood has been shifting under our feet as fast as a California Earthquake.
Film studio bosses are engaged in a struggle to eliminate the residuals now paid to screenwriters over the life of the production. The residuals are computed according to various, mostly Byzantine formulas. They can add […]