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BlackRock
Is Go-To Firm to Divine Wall Street Assets (Excerpt)
Bloomberg News -
May 8, 2009
by
Kambiz Foroohar and Sree Vidya Bhaktavaatsalam
“The
Federal Reserve and the Treasury would do the world
a favor by giving us more transparency on AIG and
BearStearns assets, [Janet
Tavakoli]
says. "The regulators have just given up and are
just throwing teh assets
with BlackRock and saying 'Manage this.'" (Bloomberg
News filed a Freedom of Information Act lawsuit
in November asking a federal judge to require teh
government to disclose data about the Bear Stearns
assets.)
END OF EXCERPT
Janet
Tavakoli is the president of Tavakoli
Structured Finance, a Chicago-based firm that provides consulting
to financial
institutions
and institutional investors. Ms. Tavakoli has more than
20 years of experience in senior investment banking positions,
trading,
structuring and marketing structured financial products.
She is a former adjunct professor of derivatives at the University
of Chicago's Graduate School of Business. She is the author
of:
Credit
Derivatives & Synthetic Structures (John Wiley & Sons,
1998, 2001), Structured
Finance & Collateralized Debt
Obligations (John Wiley & Sons, 2008), and
Dear
Mr. Buffett: What An Investor Learns 1,269 Miles From Wall
Street (John Wiley & Sons January
2009)
Clients
of Tavakoli Structured Finance
have the benefit of proprietary consultation, which is
not available in any other paid or public forum. Clients
also commission proprietary research and analysis.
TSF
makes some information available to the general public. Please
click here for other articles.
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