Expect[ed] Loss

Expect[ed] Loss Readers, We'll be moving our future blogs on rating agency reform and regulation to a new site: http://ratingsreform.wor...

Friday’s Asset-Backed Alert describes the (mildly fascinating) behind-the-scenes activities of Marathon CLO I, a 2005-vintage CLO managed b...

Wells Fargo is cursing the day it agreed to act as trustee on the Tropic and the Soloso TruPS CDO series... For those not following, TPG fou...

The outlook continues to be bleak for trust preferred securities CDOs (TruPS CDOs). Not only does the FDIC continue to seize bank after bank...

The Wall Street Journal reports this morning that Dallas-based Highland Capital is putting together three CDO deals backed by corporate loan...

A quick update on the rock star world of corporate loans after a bumper first three quarters of 2009… Leveraged loans have now rallied for 9...

Here follows PF2 Director Mark Froeba's written response to one of Senator Bennett's follow-up questions from the August 5th hearing...

It turns out I couldn't find a better antonym for "merrier" than "moroser." But it is a grave and serious (both sugg...

Anybody who’s seen the movie Charlie Wilson’s War will appreciate the fact that signs of economic improvement doesn’t mean we can take our f...

The May/June rally and subsequent stabilization of CLO tranche values has shown us that despite times of deep distress, culminating in loan ...