Expect[ed] Loss

––– a weblog focusing on fixed income financial markets, and disconnects within them

Thursday, December 1, 2011

The Art of Pricing (and the Heart of the War)

›
The fight for transparency in the financial markets is gaining traction. Even maverick Judge Rakoff, in his SEC v. Citi settlement ruling, g...
Tuesday, November 22, 2011

Cross-Border Collateral Complexities

›
by PF2 consultant Rick Michalek It's 11:59pm. Do you know where your collateral is? The question of how to locate and ensure the realiza...
Monday, November 7, 2011

Return of the TruPS CDO

›
The good news, for investors in TruPS CDOs, is that at least one rating agency has responded to our calls for upgrades . Moody’s, in two sep...
1 comment:
Friday, October 28, 2011

What Value the Rating?

›
I often ask myself how valuable any sell-side research can be, given the obvious conflicts being suffered through by a banks’ research team....
Monday, October 10, 2011

Will S&P's Wells Notice Change Their Behavior?

›
The role of the credit rating agencies in the recent financial crisis has been highlighted by numerous investigations including the Financia...
2 comments:
Tuesday, August 23, 2011

Complexity is a Cash Cow (but not for you)

›
“Fortuna's wheel had turned on humanity, crushing its collarbone, smashing its skull, twisting its torso, puncturing its pelvis, sorrow...
6 comments:
Wednesday, August 10, 2011

The Downgrade Cometh

›
The concept of conflicted opinions is dear to us. When a conflict is more than a conflict it has the power to put the conflicted party in a ...
1 comment:
Tuesday, August 2, 2011

A New Approach to Sovereign Ratings

›
The debt ceiling debacle has rejuvenated the discussion about the adequacy and effectiveness of sovereign credit ratings, as they're cur...
2 comments:
Wednesday, July 27, 2011

Correction: The US Has Defaulted Before and It Can Default Again

›
This is a second piece on the topic of sovereign debt and ratings, by guest author Marc Joffe*. You can access his prior piece here: US Debt...
10 comments:
Monday, July 25, 2011

US Debt Ceiling Crisis: Rating the Rating Agencies

›
By guest author Marc Joffe* News reports and punditry reveal a shocking ignorance of the role played by rating agencies in the US deficit de...
24 comments:
‹
›
Home
View web version
Powered by Blogger.