HOME CONSULTING STRATEGY BIOGRAPHY BOOKS SCHEDULE PRESS CONTACT US   Site Map for Tavakoli Structured Finance Home Consulting Keynote Speaker Corporate Governance Expert Witness Testimony and Consulting Strategic Planning Biography Articles Books "Credit Derivatives & Synthetic Structures 2nd Edition," John Wiley & Sons, 2001 Introduction to Credit Derivatives - Credit Default Swaps Article by Janet Tavakoli Credit Default Swaps Introduction to Credit Derivatives - Total Return Swaps Article by Janet Tavakoli Total Return Swaps "Collateralized Debt Obligations & Structured Finance," John Wiley & Sons, 2003 Introduction to Collateralized Debt Obligations Article by Janet Tavakoli Introduction to Collateralized Debt Obligations Structured Finance: Uses (and Abuses) of Special Purpose EntitiesArticle by Janet Tavakoli Structured Finance: Uses (and Abuses) of Special Purpose Entities Enron, J.P. Morgan Chase Bank, and Offshore Special Purpose Vehicles Article by Janet Tavakoli Enron, J.P. Morgan Chase Bank, and Offshore Special Purpose Vehicles Schedule of Conferences and Speaking Engagements Press Plus Articles Authored by TSF Recession Question Misses the Point Fortune - April 30, 2008 Pandit's "Closer to End" Means No Escaping LBO Loans Bloomberg News - April 29, 2008 "Super-senior" CDO Investors Begin to Flex Their Muscles Financial Times - April 15, 2008 Dissecting the ACA Downgrade Business Week - April 14, 2008 Fed Says Bear Collateral Includes Loans, "Hedges" Bloomberg News - April 3, 2008 Busted! Mortgage Meltdown (Check listings for broadcast times) CNN - Special Investigation - March 28, 29, 30 2008 >>VIDEO: Q2 Consumer Credit, Investment Bank Write-Downs, Housing Market CNBC - March 28, 2008 Taxpayers May be Liable for Bear Mortgage Rescue Bloomberg News - March 24, 2008 Security Capital [Assurance] Defends Termination of Credit Default Swap Contracts Bloomberg News - March 20, 2008 Credit Swaps Thwart Fed's Ease as Debt Costs Surge Bloomberg News - March 6, 2008 Citigroup Underwrote $6.9 Billion of Ambac's Most Troubled CDOs Bloomberg News - February 28, 2008 RLPC - Fund Selling Adds to Leverage Loan Woes Reuters/Forbes.com - February 7, 2008 Emperors Should Not Have Rebuffed the Oracle Forbes.com - February 6, 2008 Credit Crisis: Where Was the SEC? Forbes.com - February 6, 2008 >>VIDEO - Monoline Downgrades and CDO Underwriters Bloomberg Television - February 5, 2008 Cynical Use of Derivatives Has Left Market in a Pickle Financial Times [Letter] - January 31, 2008 - by Janet Tavakoli Buffett Set to Cash in On Bond Insurers' Woes Reuters/Forbes.com - January 30, 2008 Credit Rating Firms Seen Holding Back on Bond Insurers Reuters - January 30, 2008 Buddy, Could You Spare $15 Billion? The Economist - January 26, 2008 » VIDEO - Warren Buffett's New Opportunity in Municipal Bond Insurance CNBC's Squawk Box - January 25, 2008 Under Review: Ripple Effects of Much Harsher Debt Ratings Wall Street Journal - January 18, 2008 » VIDEO - Merrill's Disclosure CNBC's Squawk Box - January 17, 2008 For Financial Stocks, Is it Another False Bottom? Wall Street Journal - January 16, 2008 A Fund Behind Astronomical Losses (Excerpt) Wall Street Journal - January 14, 2008 » VIDEO - Financial Sector Earnings and Disclosure First Business Morning News - January 9, 2008 » VIDEO - Financial Guarantors in Trouble Due to Subprime Loans and CDOs CNBC's Squawk Box - January 7, 2008 Dicey Deals Done Dirt Cheap: Monolines in Dire Straits [Subprime Exposure (Clients Only)] Tavakoli Structured Finance - January 3, 2008 Wall Street Wizardry Amplified Credit Crisis (Excerpt) Wall Street Journal - Page One - December 27, 2007 CDO Battles: Royal Pain Over Who Gets What (Excerpt) Wall Street Journal - Page C1 - December 17, 2007 » VIDEO - Brokers' Outlook CNBC's Power Lunch - December 12, 2007 CDO Cliffhanger (Clients Only) TSF - November 27, 2007 Are You Sure You Made A Fortune Shorting the ABX (or TABX)? (Excerpt) LIPPER HedgeWorld- December 5, 2007 » VIDEO - Earnings and Accounting (Clients Only) Bloomberg Television - November 30, 2007 Accounting Can Be Beautiful and Is Merrill's (Charge Against Earnings) Number Up? (Clients Only) TSF - November 27, 2007 Deals with Hedge Funds May Be Helping Merrill Delay Mortgage Losses (Excerpt & Correction) Wall Street Journal - November 26, 2007 Barclays, Swiss Re and More on the Credit Crunch - Update (Clients Only) TSF - November 19, 2007 Derivatives Update (Clients Only) TSF - November 17, 2007 AIG Catches Up (Clients Only) TSF - November 7, 2007 Too Big to Regulate? (Clients Only) TSF - November 5, 2007 Deals with Hedge Funds May Be Helping Merrill Delay Mortgage Losses Wall Street Journal PAGE ONE - November 2, 2007 » VIDEO - Tavakoli: Merrill Underhedging Since First Quarter Bloomberg Television - October 25, 2007 Mal de MER - Fourth Quarter (Clients Only) TSF - October 25, 2007 » VIDEO - Merrill's Earnings Report and O'Neal - an Enronesque Problem CNBC Squawk Box - October 24, 2007 Subprime's Unreported Undertow (Clients Only) TSF - October 22, 2007 » VIDEO - Megafund Bailout CNBC Squawk Box - October 18, 2007 Banks' Plan for Big Fund Faces Big Hurdles (Excerpt) Reuters - October 17, 2007 U.S. Investors Face An Age of Murky Pricing (PAGE ONE - Excerpt) Wall Street Journal PAGE ONE - October 12, 2007 Bear Stearns' Hocus Pocus [Cover Story - Excerpt] Business Week - Issue Date: October 22, 2007 Merrill's Mal de MER (Full Report for Clients Only) TSF - October 8, 2007- by Janet Tavakoli Market Back to Freewheeling Ways (Excerpt) Chicago Tribune - October 8, 2007 Is Congress Missing the Boat on Credit Raters? (Excerpt) Reuters - September 27, 2007 Anatomy of A Ratings Downgrade (Excerpt) Business Week - Issue Date: October 1, 2007 Wall Street Earnings Short on Details [Counterparty Risk] (Excerpt) Fortune Magazine - September 25, 2007 » VIDEO - Beyond the Earnings; Goldman Sachs and Bear Stearns CNBC Squawk Box - September 20, 2007 Misfortune's Formula: Structured Credit Ratings (Excerpt) HedgeWorld (Reuters) - September 19, 2007 by Janet Tavakoli » VIDEO - Rating Agencies and Junk Science: Credit Crunch Cocktail CNBC Squawk Box - September 11, 2007 The SEC Wants More Answers (Excerpt) Business Week - Issue Date: September 17, 2007 A Matter of Opinion (Excerpt) Investment Dealers' Digest - September 10, 2007 (Feature) Next in Line for Subprime Hit: Bonds? Associated Press - September 9, 2007 » VIDEO - Credit Crunch and ABCP (Clients Only) BNN Squeeze Play - August 16, 2007 AIG Seeks Small Subprime Risk; Others See More (Excerpt) Wall Street Journal - August 13, 2007 » VIDEO - Bracing for Regulation with Steve Forbes and Janet Tavakoli CNBC Squawk Box - August 13, 2007 » VIDEO - Risky Business CNBC Squawk Box - August 9, 2007 » VIDEO - Making the Most of the Market and the Mortgage Lending Ponzi Scheme CBS Evening News - August 4, 2007 » VIDEO - Subprime Winners and Losers CNBC Squawk Box - August 3, 2007 Hedge Fund Mark to Market Woes (Excerpt) Greenwich Post- August 3, 2007 » VIDEO - Realty Check: Falling Housing Prices, Credit Crunch, C-BASS, MGIC and Radian CNBC - Realty Check - July 31, 2007 » VIDEO - Credit Crunch: Bull Market May Have Been Piggish CBS The Early Show July 30, 2007 and CBS Evening News - July 28, 2007 » VIDEO - Death Bonds CNBC Squawk Box - July 23, 2007 Death Bonds: Profiting from Mortality (Excerpt) Business Week - Cover Story - Issue Date: July 30, 2007 Subprime Lenders and an FASB Rule (Excerpt) HedgeWorld- July 27, 2007 Subprime: Rating Agencies Were "Willingly Duped" (Excerpt) InsideEDGE - July 26, 2007 Subprime and the Dollar: Is There Really a Link? (Excerpt) HedgeWorld - July 25, 2007 Wall Street Can't Cage Its Mortgage Monster LA Times - July 22, 2007 Bear Stearns Says Battered Hedge Funds are Worth Little (Excerpt and Correction to NY Times) New York Times - June 18, 2007 » VIDEO - Hedge Funds, Subprime Ratings and Fallout BNN Squeeze Play - July 18, 2007 » VIDEO - Are Rating Agencies A Good Investment? CNBC Squawk Box - July 16, 2007 » VIDEO - Subprime Fallout and Prime Mortgages First Business Morning News - July 13, 2007 Subprime Contagion: Credit Bubble or Credit Babble? (Excerpt) HedgeWorld - June 28, 2007 Bear Bailout Bad Idea for Hedge Funds (Excerpt) HedgeWorld Commentary - by Janet Tavakoli - June 28, 2007 » VIDEO - Credit Rating Agencies, Bear Stearns Bailout CNBC - June 27, 2007 » VIDEO - How Now Dow Jones? (Reaction to Bear Stearns' Hedge Fund Bailout) CBS Evening News - June 23, 2007 » VIDEO - How to Avoid a Falling Knife in the Mortgage Market CNBC Squawk Box - June 21, 2007 » VIDEO - Bear Stearns' Hedge Funds - Potential Ripple Effects BNN Squeeze Play - June 20, 2007 » AUDIO - Losses at Bear Stearns' Funds - Radio Interviews NPR and American Public Radio - June 20, 2007 Two Big Funds At Bear Stearns Face Shutdown (Excerpt) Wall Street Journal- June 20, 2007 Mortgages Give Wall St. New Worries (Excerpt) New York Times - June 19, 2007 This Investment Could Turn Ugly Business Week - Issue Date: June 18, 2007 Bear Stearns' Subprime Bath Business Week online - June 12, 2007 Due Diligence Key in Avoiding CDO Pitfalls HedgeWorld.com - June 4, 2007 Rating Agencies: Measuring the Measurers (Excerpt) The Economist - June 2-8, 2007 "Rating Agencies Issue Opinions" - Letter in Response to "CDO Boom Masks Subprime Losses, Abetted by S&P, Moody's, Fitch" (Excerpt) Bloomberg Magazine - (July 2007 Magazine) Structured Debt Investments Aimed at US Retail Investors (Excerpt) Financial Times - May 30, 2007 SEC Finanalizes Anti-Notching Rule LIPPER HedgeWorld - May 29, 2007 How S&P Put the Triple A into CPDO (Excerpt) Financial Times - May 14, 2007 CDOs: Caveat Emptor Warn Structured Finance Experts (Excerpt) LIPPER HedgeWorld - May 14, 2007 Bear Stearns' Subprime IPO (Excerpt) Business Week - May 11, 2007 Bear Stearns Funds to Transfer Subprime-Mortgage Risk with IPO (Excerpt) Bloomberg - May 11, 2007 Greater Global Risk Now Than At Time of LCTM (Excerpt) Financial Times - May 7, 2007 - [Letter to Editor] by Janet Tavakoli As Funds Leverage Up, Fears of Reckoning Rise (PAGE ONE) Wall Street Journal PAGE ONE - April 30, 2007 Credit Suisse Sued Over Losses on Subprime-Loan Bonds Bloomberg News - April 27, 2007 Bright Future? - Buy Side Firms Optimistic About New Euros Futures Contracts Structured Credit Investor - April 17, 2007 Subprime Mortgages: The Predators' Fall GARP Risk Review Issue 35 March/April 2007 - by Janet Tavakoli - Released April 13, 2007 VIDEO: CNBC: Subprime Borrower Bailout CNBC - April 12, 2007 Do Not Accept Bolton's Interpretation on Links with Iran (Excerpt) Financial Times - April 11, 2007 - [Letter to Editor] by Janet Tavakoli Overlapping Subprime Exposure Masks the Risk of CDOs, Moody's Says (Excerpt) Bloomberg - April 4, 2007 Credit Raters Rule (Excerpt) LIPPER HedgeWorld (Reuters) - March 26, 2007 VIDEO: CNBC "Liar Loans" - Alt A Mortgages CNBC Realty View - Host Diana Olick and guest Janet Tavakoli March 21, 2007 The Dangers of Investing in Subprime Debt Fortune Magazine [Risk, Washington Monthly]- by Bethany McLean March 19, 2007 VIDEO: The Fed's Role and Investment Banks: Subprime Market First Business Morning News - March 19, 2007 Subprime Damaged US's Standing as Global Leader in Finance (Excerpt) Financial Times [Letter to the Editor] - March 19, 2007 - by Janet Tavakoli Getting a Handle on CDOs is a Complex Challenge Los Angeles Times - March 18, 2007 VIDEO: Subprime Implosion First Business Morning News- March 9, 2007 Mortgage Woes Flimsy Excuse for Stock Reversals (Excerpt) Chicago Tribune - March 6, 2007 Buffett Blasts Hedge Fund Fees (Excerpt) LIPPER HedgeWorld (Reuters) - March 5, 2007 Nixing the Notching: SEC Proposed Rules for Credit Rating Agencies (Excerpt) LIPPER HedgeWorld (Reuters) - February 23, 2007 VIDEO: CNBC - Banks Paring Back on Subprime Loans CNBC - (Ben Bernanke and Janet Tavakoli) February 14, 2007 TSF Comments on SEC Proposed Rules on Rating Agencies Tavakoli Structured Finance - February 13, 2007 - by Janet Tavakoli Crisis in Credit Derivatives is Averted - Updated February 7, 2007 LIPPER HedgeWorld.com [Reuters] May 2006 Updated Feb. 7, 2007 - by Janet Tavakoli VIDEO CNBC - Opportunistic Subprime Strategy: Hedge Funds Shorting the ABX CNBC - January 30, 2007 - Video Saudi Strides for Structured Finance LIPPER HedgeWorld (Reuters) - January 26, 2007 Leaders Ask, Is New York Moving to London? LIPPER HedgeWorld (Reuters) - January 23, 2007 Primus, Athelon Blaze CDPC Trail for Estabilshed Structured Finance Players (Excerpt) Asset Securitization Report - January 15, 2007 Credit Arbitrage Proprietary Outperformance Strategy for 2007 (Clients Only) Tavakoli Structured Finance - December 28, 2006 Oil Pressure: Fallout from the Iraq Study Group Report LIPPER HedgeWorld - December 14, 2006 by Janet Tavakoli Debt Investors' Double Burden Wall Street Journal - December 12, 2006 Principal Protected Notes Cap Upside, Carry Big Charges Wall Street Journal - December 9, 2006 Quirkiest Vehicle on the Street Business Week - November 20, 2006 Questions Lie Behind CPDO Hype Financial Times - November 14, 2006 Best Practices Among CDO Managers (Clients Only) Asset Securitization Report - by Janet Tavakoli - November 7, 2006 Tripped Up by Language Landmines Financial Times - November 3, 2006 LBO Chrystal Ball TheStreet.com- October 27, 2006 Investor Spotlight Falls on the Asset Manager (Clients Only) Financial Times - October 20, 2006 2 Exchanges in Chicago Will Merge (Clients Only) New York Times - October 18, 2006 The Golden Fleece Award for Optional Integrity LIPPER HedgeWorld [Reuters] - October 2, 2006 [Commentary] by Janet Tavakoli Dead Man's Curve [Amaranth Advisors] LIPPER HedgeWorld [Reuters] - September 22, 2006 [Commentary] by Janet Tavakoli Fine Print Bites Deutsche Bank in CDS Suit (Clients Only) TheStreet.com - July 7, 2006 Wall Street Pushes Complex Structured Products...To Individuals Wall Street Journal - June 21, 2006 CNBC's Closing Bell with Maria Bartiromo and guest Janet Tavakoli (Excerpt) CNBC - Structured Products and Retail Investors - June 21, 2006 Oil and Power: Iran Approach Must Avoid Past Mistakes LIPPER HedgeWorld [Reuters]- June 14, 2006 [Commentary] by Janet Tavakoli The Elusive Income of Synthetic CDOs (Clients only) Journal of Structured Finance Winter 2006 Volume 11, Number 4 - by Janet Tavakoli Commentary: My Favorite Hedge Fund: Part II LIPPER HedgeWorld [Reuters] - October 24, 2005 - by Janet Tavakoli CDOs: Caveat Emptor GARP Risk Review September/October 2005 Issue 26 - by Janet Tavakoli Consider the Full Notional Amount of CDOs When Assessing the Risks and Rewards Financial Times Letter to the Editor - August 19, 2005 - by Janet Tavakoli How Investors Can Lower Risk When Choosing a Hedge Fund Financial Times - June 8, 2005 - by Janet Tavakoli My Favorite Hedge Fund LIPPER HedgeWorld - May 26, 2005 - by Janet Tavakoli CDOs Can Confuse Bank Managers Financial Times - April 26, 2005 by Janet Tavakoli How Will Bond Market React to Citigroup Trades? Financial Times - February 7, 2005 by Janet Tavakoli & FT follow-up on costs February 12, 2005 Structured Finance: Rating the Rating Agencies GARP Risk Review Issue 22 January/February 2005 - by Janet Tavakoli Invisible Hedge Funds GARP Risk Review July/August 2004 Issue 19 - by Janet Tavakoli Martha Stewart: The Irony Maiden Hates to Lose The Yearbook - July 14, 2004 - by Janet Tavakoli CDO Evolution Creates New World of Risk GARP Risk Review November/December 2003 Issue 15 - by Janet Tavakoli Landesbanken: even lower rating may be in order Financial Times - December 1, 2003 Leaders & Letters - by Janet Tavakoli Currency Convertibility Protection: The Forgotten Credit Derivative Derivatives Week VOL. XII, NO. 41- October 13, 2003 - by Janet Tavakoli Book Debates Racing Deal Financial Times - June 28, 2003 - includes an excerpt from Janet Tavakoli's book: Collateralized Debt Obligations & Structured Finance Contact Us Selected FinanceLinks Janet Tavakoli, President: jt@tavakolistructuredfinance.com TEL: (312) 540-0243 . ©2003-2008 Copyright, Tavakoli Structured Finance, Inc. All rights reserved. Web presence developed by HelpQuest