CDOs Aren't a Four Letter Word Reuters – May 27, 2010 By Matthew Goldstein and But independent directors play no role in picking the underlying assets that back the bonds, nor do the directors have any authority over the firms hired to manage the portfolio. "Independent directors are basically there just as a rubber stamp," said Janet Tavakoli, a Chicago-based structured 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