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Reaction
Mixed to Derivative Reforms (Excerpt)
Wall
Street Journal - May 15,
2009
by Serena
Ng and Jacob Bunge
"It
fails to deal with hidden leverage,"
caused by customized derivative transactions
that saddled American International
Group Inc., bond insurance firms
and banks with heavy losses, said
Janet Tavakoli, president of Tavakoli
Structured Finance in Chicago.
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.
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