Mall Vacancies Spell Fresh Trouble for Lenders
Globe and Mail- April 7, 2009
by BARRIE MCKENNA

“We are going to see [more] vacant storefronts soon and one wonders about rent rolls,” worried Janet Tavakoli, a veteran bank watcher and president of Tavakoli Structured Finance Inc. in Chicago.

Like much of the rest of the country, Ms. Tavakoli said Chicago's retail landscape looks grim for lenders.

And many banks, she suggested, are still too optimistic that this will all turn around soon.


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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), 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.

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