Redacted AIG Filing Might Have Spotted Worst Deals Reuters – January 12, 2010 By Matthew Goldstein Derivatives consultant Janet Tavakoli said the information kept secret made it difficult to determine which banks held the worst performing securities as well as the identity of the banks that arranged and marketed those securities. "They didn't want you to know which deals had soured the fastest,'' said Tavakoli, president of Tavakoli Structured Finance and a vocal critic of the AIG bailout. "The reason they didn't want to release these details is because it would have shown that some securities suffered only moderate discounts while others were worth much, much less. And that could have prompted an investigation into the deals that performed the worst.'' 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). 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. TSF makes some information available to the general public. Please click here for other articles.
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Janet
Tavakoli, President: jt@tavakolistructuredfinance.com
TEL: (312) 540-0243