S&P Warns of Derivatives Risk

Financial Times Published: September 27, 2005
By Richard Beales and Jennifer Hughes in New York

“Investors can chose their own names and don't have to use a benchmark, but that takes a lot more work,” said Janet Tavakoli, an independent industry consultant. (Investment banks and hedge funds use indices for hedging.) “People are hedging using these indices, but they're all using the same ones.”


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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).

Janet Tavakoli's book on the global financial meltdown is Dear Mr. Buffett: What An Investor Learns 1,269 Miles From Wall Street (Wiley 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.

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