| |
The
Financial Meltdown Foreseen
Financial Times-
February 23, 2009
by
Paul J. Davies
In
late 19th-century California, Charles E Boles enjoyed
almost a decade of robbing the stage coaches of
Wells Fargo on the dusty highways before he was
caught. Legend has it that Charles E. Boles, "Black
Bart",
as he was known, was always well-dressed, unfailingly
courteous and never fired a shot. For
Janet Tavakoli, his activities are a fitting emblem
for
the "bloodless robbery" committed
by bankers and mortgage brokers....Her new book, Dear Mr
Buffett: What an Investor Learns 1,269 Miles from Wall Street ,
is a clear and pacy run through the multitude of sins and sinners
in the modern financial world.
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.
|