Flashback Video
VIDEO: JPMorgan’s Risky Business
CTV Lang & O’Leary Report – July 13, 2012
What Is a Bespoke Tranche Opportunity?
U.S News and World Report – August 16, 2021
The Best Books on Warren Buffett
Investopedia – May 5, 2021
Financial Crises: Past, Present, and What’s Next
Portfolio Management Research – April 21, 2020
More Than One Million Reasons to Lie about Structured Finance
Janet M. Tavakoli
The Journal of Structured Finance Spring 2019, 25 (1) 8-20;
Abstract
Correctly characterizing credit risk is the most important step in structured finance. In particular, detecting fraud in granular portfolio assets leads to market outperformance for portfolio managers who eliminate more fraud than their competitors. Fraud results in varying degrees of permanent value destruction for both fixed income and equity portfolios. Even if no fraud is discovered, the due diligence process eliminates weaker “peer” credits and eliminates overpaying for assets. Fraud discovered in discrete assets is often a leading indicator of gaming in other aspects of securitizations. Despite the contribution of massive securitization fraud to the September 2008 financial crisis, quantitative modeling is still favored at the expense of thorough portfolio due diligence. The financial industry should shift the bulk of time and money to ongoing credit analysis instead of spending most of its resources on quantitative analysis. This is the opposite of current market practice.
Best Warren Buffett Books of 2018
Benzinga – November 8, 2018
Hedge Funds Burned by Short Trade as American Malls Refuse to Die
Bloomberg – October 2, 2018
The toxic alphabet soup that almost took down Wall Street is staging a comeback
CNBC.com – September 19, 2018
‘Grandfather of CDOs’ Trying to Do for Higher Education What He Did for Mortgages
Wall Street Journal – May 18, 2018
Citi is Bringing Back One of the Most Infamous Bets of the Credit Crisis – Synthetic CDOs
Bloomberg – September 26, 2017
Ten years since the global financial crisis, world still suffers ‘debt overhang’
The Sydney Morning Herald – June 17, 2017
Letter: Withdrawal from climate pact offers opportunity for new deal
The Financial Times – June 5, 2017
The Big Read: Debt pile-up in US car market sparks subprime fear (Subscription)
The Financial Times – May 29, 2017
What Happened to Banker Bashing?
Bloomberg News – March 23, 2017
We’re In an Asset Bubble with good Chances of Popping
Seeking Alpha – November 6, 2016
Islam’s “Human Rights”
Gatestone Institute (Tavakoli) – November 5, 2016
Mayor of London’s “His Side”
Gatestone Institute (Tavakoli) – October 27, 2016
Risk: Your Global Guide (a review)
Financial Analysts Journal (CFA Institutue) Times – 2016 Volume 11, Issue 1
A woman ran for the US presidency in 1872
Financial Times – July 31, 2016
Why should the British not reject feckless policies?
Financial Times – July 4, 2016
How to Spot a Fraud
Think Advisor- May 3, 2016
Some Hedge Funds Want to Make Subprime Auto Loans Next Big Short
Bloomberg News – February 10, 2016
Hedge-Fund Flap Reverberates at Citi
Wall Street Journal – October 25, 2015
Co-Chief Executives of Deutsche Bank Resign
New York Times – June 7, 2015
Sequel to Wall Street Horror Show is Coming
Think Advisor – May 12, 2015
S&P Doubles CMBS Ratings Business After SEC Bans It From Market
Bloomberg News – April 2, 2015
S&P’s $1.38 settlement on risky mortgage bonds leaves raters’ conflict of interest intact
Associated Press – February 3, 2015
Standard & Poor’s settles with US government, 2 states over ratings on mortgage bonds
Associated Press – January 21, 2015
Art Loans as CDO Collateral?
Private Art Investor – January 16, 2015
Finding Losers From Oil Leads JPMorgan to Texas: Credit Markets
Bloomberg News – January 13, 2015
How the NY Fed Bent the Rules for Citibank
Newsweek – December 22, 2014
Hank Greenberg, AIG, CIC and the Backdoor Bailout
Institutional Investor – November 21, 2014
Tavakoli Turns Her Fire from Crony Capitalists to Muslim Fundamentalists
Think Advisor – October 29, 2014
SEC Adopts New Rules on Asset-Backed Securities and Credit Ratings
New York Times – August 27, 2014
S&P Revises Loan Rating Methodology to Boost CLO Business
Bloomberg News – August 27, 2014
Investors dine on fresh menu of credit derivatives
Financial Times – August 20, 2014 (subscription)
Dimon Succession Plan Is In Spotlight
Wall Street Journal – July 3, 2014
Chicago Council to Launch Summit to Support Cities’ Global Growth
Chicago Tribune – June 4, 2014
Electronic currency isn’t free from crime
The Financial Times – May 30, 2014
Apply Peterffy solution to the HFT spoofers
Financial Times – April 12, 2014
NASAA Comes Out Swinging in Fight over Reg A+ Rules
Growth Capitalist – April 4, 2014
All the Devils Are Here: Restating the Obvious
The Maui News – March 29, 2014
Futures Industry: A story of crisis and opportunity
Futures Magazine – February 2014 Issue
William Broeksmit, Ex-Deutsche Bank Risk Manager, Dies at 58
Bloomberg News – January 31, 2014
Regulator Clarifies Accounting Rules in Wake of ‘Whale’ Case
Wall Street Journal – October 16, 2013
Congressman Cummings, “AIG Can Crush You Like a Bug”
Huffington Post – September 25, 2013
What We Learned From the Financial Crisis
Wall Street Journal – September 13, 2013
Blythe Masters, JPMorgan’s Credit Derivatives Guru, Is Not Sorry
BloombergBusinessweek (Paul M. Barrett) – September 12, 2013
SEC Needs to Wake Up
Think Advisor – August 1, 2013
Comments on President Obama’s Speech
Huffington Post – July 24, 2013
Date More Worthy of Lucy’s Talents
Financial Times – July 12, 2013
Tel Aviv versus Davos
Huffington Post – June 5, 2013
Eric Schmidt and Jared Cohen Are the Google: Julian Assange Warns Resistance is Futile
Huffington Post – June 4, 2013 (Satire)
Growth versus Viral: Google+ and Facebook
Huffington Post – May 29, 2013
Janet Tavakoli blends Catholic Church and shady financial dealings in new thriller
Opalesque – March 14, 2013
Structured Notes Mirror JPMorgan’s London Whale Credit Trades
Bloomberg News – April 9, 2013
S&P as Sole Target Has Wall Street Asking About Moody’s [and Fitch]
Bloomberg News – February 7, 2013
McGraw-Hill Defense Seen as Diversion Against U.S. Fraud Claims
Bloomberg News – February 6, 2013
Facebook Advertisers Beware
Huffington Post – January 16, 2013
Leeway on Repo Rules is Cut Back
Wall Street Journal – January 15, 2013
Bill Ackman is Right about Herbalife: It’s Ripe for Investigation
Huffington Post – December 23, 2012
Facebook’s Fake Numbers: “One Billion Users” May Be Less Than 500 Million
TSF – December 11, 2012
Facebook: SEC Should Investigate the Pump and Dump (scroll to end of previous article)
TSF – November 30, 2012
Facebook: Soaring Fraud and Decelerating User Growth
TSF – November 26, 2012
Vatican City: True Financial Crime and Murder
Huffington Post – November 10, 2012
Facebook’s New Strong Sell Signals
Huffington Post – October 31, 2012
Facebook’s Plummeting Stock Price
TSF – October 16, 2012
Behind the Fall of a Crisis Era So-Called Whiz
Wall Street Journal – October 11, 2012
BP Oil Spill Fine Upset: Likely to Soar Tens of Billions
Huffington Post – October 11, 2012
BP: Still Leaking
TSF – October 9, 2012
Déjà vu: When Money Dies
Huffington Post – October 4, 2012
Steve Cohen’s Press Release on SAC’s Alleged Insider Trading: I’m a Genius! (Satire)
Huffington Post – October 2, 2012
China and Japan (and U.S.) Island Dispute: It’s All About Oil
Huffington Post – September 25, 2012
How to Get an Angel Investor
Huffington Post – September 24, 2012
Is Nokia’s Management Insane?
Huffington Post – September 6, 2012
Prince Harry Offered Partner Position at Goldman Sachs (Satire)
TSF – August 29, 2012 – Updated 2013
Citigroup Agrees to $590 Million Subprime Settlement
Washington Post – August 29, 2012
Failed Regulators and Other Culprits of the Financial Crisis
Advisor One – August 29, 2012
Crime and Mayhem in the USA
Huffington Post – August 1, 2012
Facebook: Is Stock Research Rigged?
TSF – July 26, 2012
Wall Street’s Ongoing Great Bailout
TSF – July 24, 2012
JPMorgan Raises Fraud Questions: Rising Trading Losses Top $5.8 Billion
Huffington Post – July 16, 2012
JPMorgan Profit Drops on ‘Whale’ of a Loss
Reuters and MSNBC – July 13, 2012
Dimon Risk Reputation on Line
Bloomberg Businessweek – July 10, 2012
Third World America 2012: A Country At War With Itself
Huffington Post – July 6, 2012
Financial Journalism: “Sometimes Being Responsible Means Pissing People Off”
TSF – July 3, 2012
JPMorgan’s Losses Keep Adding Up
CNN Money – June 12, 2012
Cover Story: Finding the Culprits of the Crisis
Research Magazine – May 2012 Issue
JPMorgan’s Huge Loss Exposes the Risky Side of Banks
L.A. Times – May 31, 2012
Investors Bet on Facebook’s Fall
Wall Street Journal – May 29, 2012
Facebook Shares Plumb New Depths, Valuation Questioned
Reuters – May 29, 2012
Jamie Dimon: JPMorgan’s Chief is the World’s Funniest Financier
Huffington Post – May 15, 2012 (Updated May 19, 2012)
Analysis: The Core Problems with JPMorgan’s Failed Trades
Reuters – May 14, 2012
Jamie Dimon’s SNAFU: JPMorgan’s Other Derivatives’ Losses
Huffington Post – May 12, 2012
Warren Buffett Calls for 90% Billionaire Wealth Tax (Satire)
TSF – May 7, 2012
MF Global Implosion: Congressman Grimm Sends a Message
Huffington Post – May 3, 2012
Renewed Hope that Jon Corzine Will Face Criminal Charges
Huffington Post – May 1, 2012
MF Global: JP Morgan Produces Smoking Gun
Huffington Post – April 3, 2012
The JOBS Act Is So Criminogenic That It Guarantees Full-Time Jobs for Criminologists
by William K. Black – March 20, 2012 (JT Note: I am among the co-signers)
What Do Customers Really Think About Goldman Sachs?
Huffington Post – March 19, 2012
Fear Gauge at 5-Year Low “An Optical Illusion”
CNN – March 15, 2012
Goldman Sachs Ripped by Critics for History of Issues
AdvisorOne – March 15, 2012
Greece and Credit Default Swaps: Bucking the ISDA Cartel
TSF – March 3, 2012
MF Global: Crime, Comedy and the Cover-Up
Huffington Post – February 28, 2012
Even In a Palace a Right Life Is Possible
Huffington Post – February 12, 2012
Gold and Silver Price Manipulation
TSF – January 25, 2012 – Updated August 17, 2013
Price Manipulation: Look for Motive
Huffington Post – January 19, 2012
China 2012: The Year of the Bull (Rogers) or the Year of the Bear (Chanos)?
TSF – January 9, 2012
2011: The Year 60 Minutes Misled Americans About Municipal Bonds
Huffington Post – December 30, 2011
Congresswoman Marcy Kaptur Confronts MF Global and Wall Street
Huffington Post – December 26, 2011
SEC Sues Hub’s Richard Syron
Boston Herald – December 17, 2011
Rehypothecation Is An Old Story: MF Global’s Story Is a Different Story of Filched Funds
Huffington Post – December 16, 2011
Corzine Facing Questions About Regulator Contacts
Associated Press – December 15, 2011
Wealthy Patriots Wage Class War
Huffington Post – December 12, 2011
Jon Corzine Dodges the Fraud Question
Huffington Post – December 9, 2011
Corzine Blames Predecessors for MF Global’s Fall
Associated Press – December 8, 2011
Chanos Crash: Timing China’s Financial Meltdown
TSF – December 6, 2011
Goldman Apologist Claims Paulson Hedge-Fund Meeting Was Business As Usual
Bloomberg News – December 4, 2011
Paulson’s Actions Raise Serious Ethical Questions
Huffington Post – December 6, 2011
Is Crony Capitalism Wrong?
Huffington Post – December 3, 2011
How Paulson Gave Hedge Funds Advance Word of Fannie Mae Rescue
Bloomberg Magazine / BusinessWeek – November 29, 2011
Nomura Curtails European Debt Dealings
Wall Street Journal – November 29, 2011
Mistaken Identity: Janet Tavakoli Is Not the “Queen of RAVs”
MF Global Revelations Keep Getting Worse
TSF – November 21, 2011
Greek Bond Losses Put Role of CDS in Doubt
Financial Times – November 17, 2011
Sad Proof of Europe’s Fallout [MF Global, Leverage, and Opaque Credit Derivatives]
New York Times – November 5, 2011
Credit Derivatives and Leverage Sank Jon Corzine’s MF Global
TSF – November 4, 2011
The Two Faces of Jon Corzine
Reuters – November 4, 2011
MF Global’s Jon Corzine Runs Out of Luck
Bloomberg Businessweek – November 2, 2011
Selling More CDS on Europe Debt Raises Risk for U.S. Banks
Bloomberg News / Business Week – November 2, 2011
Clear and Present Danger
TSF – October 31, 2011
“Standard” Credit Default Swaps on Greece Are a Sham and It’s Not a Surprise
TSF- October 27, 2011
Black Swan Money Manager Returning 23% Anticipating Bear Market
Bloomberg News – October 6, 2011
U.S. SEC Concedes Challenges in Credit-Rating Probes
Reuters – September 29, 2011
SEC Mulls Charges Against S&P in CDO Case
Reuters – September 26, 2011
Statutes of Limitation Fuel Banks’ Wave of Mortgage-Bond Claims
American Banker – September 15, 2011
“Fraud As a Business Model“
Huffington Post – September 6, 2011
Investing: Bad News, Good News, and What’s Next
Huffington Post – August 21, 2011
S&P; Move Isn’t a Shock but Adds to Gloom Aug 7 2011
Wall Street Journal – August 7, 2011
USA is “AAA” in Label Only
Huffington Post – July 29, 2011
Tavakoli Structured Finance Revokes the Credit Rating Agencies’ NRSRO Designation
TSF – July 26, 2011
In Symbolic Move, Tavakoli Strips Rating Firms of Key Status
Dow Jones – July 25, 2011 (link no longer available)
S&P As the Decider?
Reuters – July 24, 2011
Junk Bond Market’s Big Buyer Goldman Sachs Topples Deutsche Bank in Europe Junk Bond Underwriting
Bloomberg News – July 14, 2011
Mark Zuckerberg’s Value Problem: “My” Facebook Profile Was a Fraud, So Was “Warren Buffett’s”
TSF – July 14, 2011
Why Some Housing Prices Are Still Falling and Subprime Loans Are Still Sliding
Huffington Post – June 27, 2011
Exclusive: Deutsche’s Firing of Top Trader Sparks Probe
Reuters – June 24, 2011
The Middle Class is Drowning in Debt and Choking on Lies
Huffington Post – June 24, 2011
Third World America 2011: “Fast Tracking to Anarchy”
Huffington Post – June 8, 2011
Euro Endgame
TSF – June 1, 2011
Wall Street’s Advice to the IMF: Control Your Alleged Rapists! (Satire)
Huffington Post – May 22, 2011
How Safe Are Your Savings? Complex Derivatives Imperil Retirement Funds
Demos – May 17, 2011
Warren Buffett and the Boys of Wall Street
Huffington Post – May 9, 2011
Today’s Silver Scandal
TSF – May 5, 2011
Buffett Scrambles to Limit Damage
Wall Street Journal (Front Page) – May 2, 2011
Sokol Misled Buffett, Violated Trading Rules
Bloomberg/Businessweek – April 27, 2011
Special Report: Is Buffett’s Teflon Finally Wearing Off?
Reuters – April 25, 2011
The Wall Street Mind: Anxious
New York Magazine – April 12, 2011
Buffettgate: An Unenforced Policy Isn’t a Policy
Huffington Post – April 6, 2011
Dissension in the Ranks
Mortgage Banking Magazine – March 2011
Special Report: OMG! Dan Loeb Said What?
Reuters – March 11, 2011
The Biggest Headache for Investors in Groupon and Facebook
TSF – March 3, 2011
Hedge Funds Search for Ways to Short Munis
Financial Times – February 8, 2011
Gold Game Changer: J.P. Morgan Accepts Gold as Money
TSF – February 7, 2011
Special Report: Jamie Dimon Wants R-E-S-P-E-C-T
Reuters – February 4, 2011
JP Morgan Faces More Risks on Madoff Trustee Allegations
Wall Street Journal – February 3, 2011
A Bank Crisis Whodunit, With Laughs and Tears
New York Times – January 30, 2011
Blame the Victims and Enrich the Perpetrators
Huffington Post – January 13, 2011
Tavakoli’s Top Ten Business Books of 2010 (Satire)
Huffington Post – Dec 13, 2010
The Nerve to Say No
New York Times – Dec 12, 2010
Repairing the Damage of “Fraud as a Business Model
Presentation to the FHFA Supervision Summit in Washington D.C. – Dec. 8, 2010
In Third World America, You Can’t Buy a Ream of Paper on Minimum Wage
Huffington Post – Dec 18, 2010
Fink Builds BlackRock Powerhouse Without Goldman Backlash
Bloomberg News – Dec 9, 2010
An Investment for the Experienced
New York Times – October 20, 2010
“This is the Biggest Fraud in the History of the Capital Markets”
Washington Post – October 8, 2010
In Foreclosure Controversy, Problems Run Deeper Than Flawed Paperwork
Washington Post – October 7, 2010
Goldman Sachs Sued by German Bank Over Alleged Securities Fraud
TSF- October 5, 2010
Warren Buffett and Charlie Munger: Winning the Class War
Huffington Post – September 21, 2010
Blaming Shortsellers, A Pointless Post-Lehman Game
Daily Finance – September 15, 2010
Goldman Sachs: Bullies on the Block
Huffington Post – September 13, 2010
Despite Reform, Banks Have Room for Risky Deals
New York Times (Front Page) – August 26, 2010
Third World America: “Fast-Tracking to Anarchy”
Huffington Post – August 25, 2010
Goldman’s CEO to Treasury Secretary: OK, Now What? (Humor)
TSF (and Huffington Post)- August 23, 2010
How to Thwart the Assassins of the American Dream
Huffington Post – August 15, 2010
JPMorgan’s Losses from Indecent Overexposure
TSF – August 9, 2010
Stranguflation: Deflation and Inflation Where It Hurts America Most
TSF (also at Huffington Post) – August 3, 2010
IKB’s CEO Found Guilty, Some U.S. Bank CEO’s Should Also Face Charges
Huffington Post – July 16, 2010
Analysis: Crisis Panel Targets Goldman as AIG Skates By
Reuters – July 2, 2010
2012: Voters Nix Incumbents, Demand Financial Reform and Fed Fraud Audit
Huffington Post – July 1, 2010
Fees Exceed Maximum Yields on “Black Box” Convertibles
Bloomberg News / Business Week – June 24, 2010
ICP Once in AIG’s “Very Best” is New Front in SEC’s CDO Probe
Business Week – June 22, 2010
SEC Charges ICP Asset Management in CDO Fraud Case
Reuters – June 21, 2010
Wall Street’s Advice to Joran van der Sloot (Satire)
Huffington Post – June 8, 2010
CDOs Aren’t a Four Letter Word
Reuters – May 27, 2010
“Banging” the U.S. Stock Market
TSF (at Huffington Post)- May 10, 2010
Ackman Versus Wall Street’s Ponzi Scheme
TSF – May 4, 2010
Barofsky Says Criminal Charges Possible in Alleged AIG Coverup
Bloomberg News – April 28, 2010
President Obama: Bring Back William Black
TSF (at Huffington Post) – April 25, 2010
Rick Ungar Gives Barry Ritholtz a Lesson in the Law
The Financial Report – refrers to April 24, 2010 – posted April 24, 2014
Exclusive: Abacus might have had other benefits for Goldman
Reuters – April 23, 2010
ProPublica’s (and NYTimes’) “Untold” Magnetar Story Creates Excuses for Wall Street and Washington
TSF (at Huffington Post) – April 19, 2010
Goldman Sachs Clients First Pledge Undercut by SEC
Bloomberg News – April 17, 2010
“Goldman Sachs: Don’t Blame Us” and “Goldman Sachs: Spinning Gold”
Business Week (Cover Story) – April 14 2010 and follow-up commentary on HuffPo
Congress’s FCIC Nearly Nailed Former Citigroup Executives to the Wall–Then Blew It
Huffington Post – April 8, 2010
Goldman Sachs: Spinning Gold
TSF – April 7, 2010
Fed Reveals Bear Stearns Assets it Swallowed in Firm’s Rescue
Bloomberg News – April 1, 2010
How to Corner the Gold Market
TSF – March 30, 2010
AIG Continued to Write Protection After 2005 (Lewis and TIME are Incorrect)
TSF – March 20, 2010
Michael Lewis: Wall Street’s Smart Aleck Apologist
TSF – March 15, 2010
Lehman’s Hidden Leverage “Shenanigans” May Haunt Fuld
Business Week – March 13, 2010
Fed Helped Bank [Lehman] Raise Cash Quickly
New York Times – March 12, 2010
Credit Derivatives on the United States: Games and Gold
TSF – March 12, 2010
Wall Street’s Role in Greek Crisis Should be No Surprise
Washington Post – March 10, 2010
Larry Fink’s $12 Trillion Shadow
Vanity Fair – April 2010
Washington Must Ban U.S. Credit Derivatives as Traders Demand Gold (Parts 1)
TSF – March 8, 2010
CNBC Protects Bad Guys Who Took Huge Bailouts from Taxpayers
Huffington Post – March 4, 2010
Role of Banks Eyed in Greek Debt Crisis
Globe and Mail – February 26, 2010
Secret AIG Document Shows Goldman Sachs Minted Most Toxic CDOs
Bloomberg News – February 26, 2010
Wall Street and Washington Hope You Are Gullible: Disappoint Them
TSF (also at Huffington Post) – February 14, 2010
Buffett Author: Warren Doesn’t Rely on Luck
CNBC – February 10, 2010
Congress Exposes Potential Profiteering in AIG’s Deals: Delay Enabled Cover-Up
TSF (also at Huffington Post) – January 28, 2010
Show Bernanke and Geithner the Door
TSF (also at Huffington Post) – January 22, 2010
New York Fed “Very Sensitive on AIG, Company E-Mail Says
Bloomberg News – January 19, 2010
Redacted AIG Filing Might Have Spotted Worst Deals
Reuters – January 12, 2010
Bank of America’s Shareholders Should Reject Bonus Plans
TSF (also at Huffington Post) – January 12, 2010
Timothy Geithner, I Call Your Bluff
TSF – January 7, 2010
Washington’s Bipartisan Betrayal: The 2015 Global Financial Crisis
TSF (also at Huffington Post) – December 31, 2009
Turmoil Shatters Faith in “Creative” Products
Financial Times – December 29, 2009
Responding to Goldman Sachs
TSF (also at Huffington Post) – December 25, 2009
Treasury Cover-Up of Goldman’s Role in AIG Crisis?
TSF (also at Huffington Post) – December 22, 2009
Inside the Wall Street Journal’s Future of Finance Initiative
TSF – December 14, 2009
Goldman Fueled AIG Gambles
Wall Street Journal – December 12, 2009
The Bank Job
Vanity Fair – January 2010 Issue (released December 1, 2009)
Beware of Geeks Bearing Grifts
Risk Professional – by Janet Tavakoli – December 2009
Goldman, Guns, and Bloomberg’s B.S.
TSF – December 2, 2009
Warren Buffett, Stop Using My Credit Card!
TSF – November 23, 2009
Revisiting a Fed Waltz With A.I.G.
New York Times – November 22, 2009
I Retract My Apology and Call for More Regulation of Goldman Sachs
TSF – November 22, 2009 (and related commentaries)
Goldman’s Undisclosed Role in AIG’s Distress
TSF – November 10, 2009
Goldman Sachs Reasonable Doubt
TSF – November 2, 2009
Can Citigroup Carry Its Own Weight?
New York Times – November 1, 2009
Goldman’s Lies of Omission
TSF – October 28, 2009
New York Fed’s Secret Choice to Pay for Swaps Hits Taxpayer
Bloomberg News – October 27, 2009
Warren Buffett’s Wall Street War
TSF – October 20, 2009
China Defaults, Currency Basket Threatens Dollar
TSF – October 6, 2009
It Is Time to Strip the Rating Agencies of Their Oligopoly
Business Insider – September 29, 2009
Wall Street’s Fraud and Solutions for Systemic Peril
Presentation to the International Monetary Fund – September 29, 2009
U.S. Exit From Bank Bond Program to Go Smoothly
Reuters (Forbes)- September 16, 2009
AIG Bubble: Irrational Exuberance
TSF – August 28, 2009
Consumers’ Debt-Tactic Changes May Hurt Banks, Tavakoli Says
Bloomberg News – August 26, 2009
Buffett’s Payouts Climb on Credit Derivatives After Defaults
Bloomberg News – August 11, 2009
Berkshire May Post “Blockbuster” Results by CEO’s Gauge
Bloomberg News – August 6, 2009
Where Were The Drama Pundits [Whitney, Taleb and Gasparino] When It Mattered?
TSF – July 29, 2009
Gasparino’s Glass Jaw is CNBC’s Draw
TSF – July 22, 2009 – Updated January 2014
The Cure For Prostate Cancer: Invest Now
TSF – July 21, 2009
What Wall Street Owes You (Commentary)
CNN (exclusive to CNN) – July 15, 2009
U.S. Probe of CDS Market
Financial Times – July 15, 2009
Unwinding at AIG Prompts Pasciucco to Ponder Systemic Failure
Bloomberg News – July 1, 2009
$2.1 million lunch with Berkshire Hathaway chief: “Warren will give him his money’s worth”
Examiner – June 26, 2009
Anchored Under Water
TSF – June 26, 2009
Berkshire Bought Municipal Bonds Amid Higher Yields
Bloomberg News – June 9, 2009
Warren Buffett Buys Big “Bargains” in Muni Bonds
CNBC – June 9, 2009
Bank Profits From Accounting Rules Masking Looming Loan Losses
Bloomberg News – June 5, 2009
Taleb’s Stranded Swan?
TSF- June 3, 2009
Taleb Kills $20 Billion Mythical Swan
TSF – June 1, 2009
BlackRock Wears Multiple Hats
Wall Street Journal – May 18, 2009
Reaction Mixed to Derivative Reforms
Wall Street Journal – May 15, 2009
Stress Tests Are Over. The Stress Isn’t.
New York Times – May 10, 2009
BlackRock Is Go-To Firm to Divine Wall Street Assets
Bloomberg News – May 8, 2009
President Obama’s Right to Free Speech
TSF – May 10, 2009
Ponzi Schemes and Stress Tests
TSF – May 8, 2009
CNBC Debates Whether Warren Buffett Has Lost His Way
CNBC- May 1, 2009
How to Rescue Capitalism
Forbes – April 27, 2009
Geithner, as Member and Overseer, Forged Ties to Finance Club
New York Times – April 27, 2009
Ken Lewis Must Go
TSF – April 24, 2009
Barclays’ Massive Loan Pool Eludes Notice
The Street.com – April 20, 2009
Credit-Swaps Dealers Take Beating as Auctions Produce Losses
Bloomberg News – April 17, 2009
Why Didn’t Regulators See the Current Crisis Coming?
CBS News – April 17, 2009
Mall Vacancies Spell Fresh Trouble for Lenders
Globe and Mail – April 7, 2009
Did AIG Insure Dodgy Mortgage Products for Goldman Sachs?
TSF – March 25, 2009
Reporting V. PR: Meredith Whitney and AIG
TSF – March 23, 2009
AIG Paying Out Millions in Bonuses
TSF – March 14, 2009
Buying into Financial Fix? “Cassandra” Says Don’t
Globe and Mail – March 14, 2009
Buffett, Tavakoli Flag Ponzi Scheme Bigger Than Madoff’s
Bloomberg News – March 5, 2009
In Letter, Warren Buffett Concedes a Tough Year
New York Times – March 1, 2009
In Geithner We Trust Eludes Treasury as Market Fails to Recover
Bloomberg News – February 25, 2009
Obama’s Adviser is Wrong: Malfeasance (Not Models) Killed Wall Street
TSF – February 24, 2009
Recipe for Disaster: The Formula That Killed Wall Street
WIRED – February 23, 2009
The Financial Meltdown Foreseen
Financial Times – February 21, 2009
Stimulus Plan, Bad Assets May Inflame Risk – JT Note: Misleading Article From Reuters
Reuters (a misleading article) – February 19, 2009
Investment Funds: Should You Hear Alarm Bells?
TSF – February 9, 2009
Merrill’s Murder/Suicide
TSF – February 7, 2009
The China Syndrome: It’s Our Fault They Don’t Trust Us
Financial Times – February 5, 2009
Crackdown on Wall Street: The Perp Walks Are Coming
Fox Business – February 2, 2009
Divorce – Bank of America Style
Fortune – January 30, 2009
Questions Hang Over Merrill Deal
Financial Times – January 28, 2009
BofA Says Merrill’s Huge Hit was in December (Not November)?
TSF – January 26, 2009
Four Questions for Tim Geithner
Fortune – January 20, 2009
After Sure-Bet Investment Fails, a Bank Contends it Was Duped
New York Times – January 20, 2009
Fortune’s Forgiving Instincts
Columbia Journalism Review – January 16, 2009
Bernanke Urges “Strong Measures” to Stabilize Banks
Bloomberg News – January 13, 2009
Premise of Fortune Cover Story is Incorrect
TSF – January 11, 2009
Bailing Out the Bad Guys
FT Alphaville – January 10, 2009
No Mere Buffett, A 14-Course Menu
Seeking Alpha – January 9, 2009
Ponzi Nation
Business Week – December 14, 2008 (from the archives)
Alternative to Treasury Bailouts: One that Does Not Violate the Spirit of Democracy
TSF – September 25, 2008 (from the archives)
A Brief History of Ponzi Schemes
Time – December 15, 2008
Ponzi Nation
Business Week – December 14, 2008
Madoff Deserves Lots of Company
TSF – December 13, 2008
AIG Is Said to Pay $18.7 Billion to Goldman, SocGen for Swaps
Bloomberg News – December 10, 2008
The Next Big Dump
Forbes – December 8, 2008
Synthetic CDOs: not saving anything
“We’ve knocked up the below, loosely based on the kind of thing Janet Tavakoli – a structured finance expert par excellence – has been saying for years…”
FT Alphaville – December 2, 2008
How the Thundering Herd Faltered and Fell
New York Times – November 9, 2008
A Parable of Disaster
The Economist – November 3, 2008
The Reckoning – From Midwest to M.T.A., Pain From Global Gamble
New York Times – November 2, 2008
A Question for A.I.G.: Where Did the Cash Go?
New York Times – October 30, 2008
They’re Shocked, Shocked About the Mess
New York Times – October 26, 2008
CDO Cuts Show $1 Trillion Corporate-Debt Bets Toxic
Bloomberg News – October 22, 2008
Proposed Alternative to (the Various Versions) of the Paulson Plan
TSF – September 25, 2008 (Updated Oct 2008) and Financial Times – September 29, 2008
Europe Weighs U.S. Bailout Rejection
Dow Jones Financial News – September 30, 2008
Don’t Bet On A Bailout Payday
Fortune (and CNNMoney.com) – September 26, 2008
At Freddie Mac, Chief Discarded Warning Signs
New York Times (Page One) – August 5, 2008
Merrill Lynch 2007 CDOs under water: consultant
Reuters – July 30, 2008
Dead Calm: No One Trusts You (Merrill Lynch’s Phony CDOs)
TSF- July 30, 2008
Merrill Aims to Raise Billions More
Wall Street Journal (Front Page) – July 29, 2008
More Data on Mortgage Bonds Sought
Wall Street Journal – July 16, 2008
Paulson’s Proposal to Buy Fannie, Freddie Equity”Insane”
LIPPER HedgeWorld – July 15, 2008
Fed Casts Scapegoat Net, Snag Cioffi and Tannin
Bloomberg News – June 25, 2008
How Fair is Fair Value Accounting?
Forbes – June 25, 2008
Structured Success
University of Chicago Magazine – May/June 2008
FGIC Loses $33.4 Million, After Offsetting Writedowns
Bloomberg – May 23, 2008
Moody’s Commercial Paper Rating May Be Cut, S&P Says
Bloomberg – May 22, 2008
Moody’s Stock Suffers Record Plunge on Ratings Error
Reuters – May 21, 2008
CPDOs Expose Ratings Flaw At Moody’s
Financial Times – May 20, 2008
Banks Hide $35 Billion Writedowns from Income Filings Show
Bloomberg – May 18, 2008
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
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
Moody’s, S&P Defer Cuts on AAA Subprime, Hiding Losses
Bloomberg News – March 11, 2008
Credit Swaps Thwart Fed’s Ease as Debt Costs Surge
Bloomberg News – March 6, 2008
Record CDO Fees Set Up Merrill, Citigroup for Worst Writedowns
Bloomberg News – March 3, 2008
Citigroup Underwrote $6.9 Billion of Ambac’s Most Troubled CDOs
Bloomberg News – February 28, 2008
Ambac and MBIA: Structured Finance Underwriting Standards
TSF- February 18, 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
Cynical Use of Derivatives Has Left Market in a Pickle
Financial Times – Letter from Janet Tavakoli – January 31, 2008
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
The Cassandra of Credit Derivatives
BusinessWeek – January 28, 2008
Buddy, Could You Spare $15 Billion?
The Economist – January 24, 2008
Under Review: Ripple Effects of Much Harsher Debt Ratings
Wall Street Journal (Page C1) – January 18, 2008
For Financial Stocks, Is it Another False Bottom?
Wall Street Journal – January 16, 2008
A Fund Behind Astronomical Losses January 14, 2008 (Magnetar)
Wall Street Journal – January 14, 2008
Dicey Deals Done Dirt Cheap: Monolines in Dire Straits
TSF – January 3, 2008
Wall Street Wizardry Amplified Credit Crisis December 27, 2007
Wall Street Journal – Page One – December 27, 2007
CDO Battles: Royal Pain Over Who Gets What
Wall Street Journal – Page C1 – December 17, 2007
CDO Cliffhanger (Clients Only)
TSF – November 27, 2007
Are You Sure You Made A Fortune Shorting the ABX (or TABX)?
LIPPER HedgeWorld – by Janet Tavakoli – December 5, 2007
Accounting Can Be Beautiful and Is Merrill’s (Earnings Charge) Number Up? (Clients Only)
TSF – November 27, 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
Mal de MER – Fourth Quarter (Clients Only)
TSF – October 25, 2007
Subprime’s Unreported Undertow (Clients Only)
TSF – October 22, 2007
Banks’ Plan for Big Fund Faces Big Hurdles
Reuters – October 17, 2007
U.S. Investors Face An Age of Murky Pricing
Wall Street Journal – PAGE ONE – October 12, 2007
Bear Stearns’ Hocus Pocus [Cover Story]
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
Chicago Tribune – October 8, 2007
Is Congress Missing the Boat on Credit Raters?
Reuters – September 27, 2007
Anatomy of A Ratings Downgrade
Business Week – Issue Date: October 1, 2007
Wall Street Earnings Short on Details [Counterparty Risk]
Fortune Magazine – September 25, 2007
Misfortune’s Formula: Structured Credit Ratings
HedgeWorld (Reuters) – by Janet Tavakoli – September 19, 2007
The SEC Wants More Answers
Business Week – Issue Date: September 17, 2007
A Matter of Opinion
Investment Dealers’ Digest – September 10, 2007 (Feature)
Next in Line for Subprime Hit: Bonds?
Associated Press – September 9, 2007
In Subprime, AIG Sees Small Risk; Others See More [AIG’s phony accounting] August 13, 2007
Wall Street Journal – Page C1 – August 13, 2007
Hedge Fund Mark to Market Woes
Greenwich Post- August 3, 2007
Death Bonds: Profiting from Mortality)
Business Week – Cover Story – Issue Date: July 30, 2007
Subprime Lenders and an FASB Rule
HedgeWorld- July 27, 2007
Subprime: Rating Agencies Were “Willingly Duped”
InsideEDGE – July 26, 2007
Subprime and the Dollar: Is There Really a Link?
HedgeWorld – July 25, 2007
Wall Street Can’t Cage Its Mortgage Monster
LA Times – July 22, 2007
Can Wall Street Be Trusted to Value Risky CDOs?
Reuters – July 14, 2007
Ratings Aside, Everyone Knows CDOs are Risky
Wall Street Journal – Page C1 – July 13, 2007
More Subprime Woes To Come
Business Week – July 12, 2007
Subprime Contagion: Credit Bubble or Credit Babble?
HedgeWorld – June 28, 2007
Bear Stearns Hedge Fund Bailout Highlights Systemic Risk
HedgeWorld Commentary – by Janet Tavakoli – June 28, 2007
Two Big Funds At Bear Stearns Face Shutdown
Wall Street Journal – June 20, 2007
Mortgages Give Wall St. New Worries
New York Times – June 19, 2007
This Investment Could Turn Ugly
Business Week – Issue Date: June 18, 2007
Bear Stearns’ Subprime Bath
Business Week – June 12, 2007
Due Diligence Key in Avoiding CDO Pitfalls
HedgeWorld.com – June 4, 2007
Rating Agencies: Measuring the Measurers
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”
Bloomberg Magazine – (July 2007 Magazine)
Rating Agencies: Measuring the Measurers
The Economist (print edition) – May 31, 2007
Structured Debt Investments Aimed at US Retail Investors
Financial Times – May 30, 2007
SEC Finalizes Anti-Notching Rule
LIPPER HedgeWorld – May 29, 2007
How S&P Put the Triple A into CPDO
Financial Times – May 14, 2007
CDOs: Caveat Emptor Warn Structured Finance Experts
LIPPER HedgeWorld – May 14, 2007
Bear Stearns’ Subprime IPO
Business Week – May 11, 2007
Bear Stearns Funds to Transfer Subprime-Mortgage Risk with IPO
Bloomberg – May 11, 2007
Greater Global Risk Now Than At Time of LTCM
Financial Times – May 7, 2007 – [Letter to Editor] by Janet Tavakoli
As Funds Leverage Up, Fears of Reckoning Rise
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
Risk Professional (formerly GARP Risk Review) Issue 35 March/April 2007 – by Janet Tavakoli
Do Not Accept Bolton’s Interpretation on Links with Iran
Financial Times – April 11, 2007 – [Letter to Editor] by Janet Tavakoli
Overlapping Subprime Exposure Masks the Risk of CDOs, Moody’s Says
Bloomberg – April 4, 2007
Credit Raters Rule
LIPPER HedgeWorld (Reuters) – March 26, 2007
The Dangers of Investing in Subprime Debt
Fortune Magazine [Risk, Washington Monthly]- by Bethany McLean March 19, 2007
Subprime Damaged US’s Standing as Global Leader in Finance
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
Mortgage Woes Flimsy Excuse for Stock Reversals
Chicago Tribune – March 6, 2007
Buffett Blasts Hedge Fund Fees
LIPPER HedgeWorld (Reuters) – March 5, 2007
Nixing the Notching: SEC Proposed Rules for Credit Rating Agencies
LIPPER HedgeWorld (Reuters) – February 23, 2007
TSF Comments on SEC Proposed Rules on Rating Agencies
TSF – 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
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 Established Structured Finance Players
Asset Securitization Report – January 15, 2007
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 Crystal Ball
TheStreet.com – October 27, 2006
Investor Spotlight Falls on the Asset Manager
Financial Times – October 19, 2006
2 Exchanges in Chicago Will Merge
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
TheStreet.com – July 7, 2006
Wall Street Pushes Complex Structured Products…To Individuals
Wall Street Journal – June 21, 2006
Oil and Power: Iran Approach Must Avoid Past Mistakes
LIPPER HedgeWorld [Reuters] – by Janet Tavakoli – June 14, 2006
The Rising Establishment: Women in Credit
Credit Magazine – June 1, 2006
Mon Ami ISDA: Crisis in Credit Derivatives
LIPPER HedgeWorld [Reuters] – May 22, 2006
CDO Survey Under Way (Results Available to Clients and Participants Only)
LIPPER HedgeWorld [Reuters] – May 19, 2006
CME Comments on Debt Securities Rules
LIPPER HedgeWorld.com [Reuters] – April 27, 2006
CDO Industry Braces for Rapid Growth
Asset Securitization Report – April 24, 2006
Doubts Plague Risk Management
Asset Securitization Report – April 10, 2006
Cleaning Up Derivatives One Trade at a Time
LIPPER HedgeWorld.com [Reuters] – March 15, 2006
Lehman Gets Piece of All the Action (Preferred Credit Default Swaps)
TheStreet.com – March 13, 2006
Funds of Funds and Principal Protected Notes
LIPPER Hedge World [Reuters] January 13, 2006
Deutsche Could Be Tip of Iceberg
Financial Times – January 11, 2006
The Elusive Income of Synthetic CDOs
Journal of Structured Finance Winter 2006 Volume 11, Number 4 – by Janet Tavakoli
2005 After Maths
Financial Engineering News – December 28, 2005
Getting Rid of Unwanted Leftovers: CDO Equity
Financial Times – December 16, 2005
Calpine Default Jostles the CDO Market
LIPPER HedgeWorld [Reuters] – December 8, 2005
New Players, Old Conflicts
Investment Dealers’ Digest – December 5, 2005 (Cover Story)
The Fourth Dimension (Hoaxy CDO4)
The Wall Street Journal – November 19, 2005
Fast-growing CDO Market Suffers First Teething Problems
Financial Times – November 1, 2005
Delphi Defied: How the Credit Derivatives Business is Finding Ways to Retain its Poise
Financial Times – November 1, 2005
Banks Face Danger in Delphi
Financial Times – October 25, 2005
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
S&P Warns of Derivatives Risk
Financial Times – September 27, 2005
The Billion Dollar Question
” ISR” International Securitisation Report – September 27, 2005
Merrill and Citigroup Top CDO Field
Financial Times – August 31, 2005
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
Wall Street – Exotic Debt May Pose Risk for Investment Banks
Reuters – August 18, 2005
CDO Deals This Year May Top $800 Billion
Financial Times – August 16, 2005
York Calling for Cash for a New CDO Fund
LIPPER HedgeWorld [Reuters] – August 15, 2005
High Hopes (IMF gets it wrong on asset securitization. Tavakoli comments.)
LIPPER HedgeWorld [Reuters] – August 9, 2005
Bear Stearns Shakes the CDO Honey Pot
TheStreet.com – August 5, 2005
CDOs Unwind with a Whimper
Financial Times – July 8, 2005
How Investors Can Lower Risk When Choosing a Hedge Fund
Financial Times – June 8, 2005 – by Janet Tavakoli
CDS Market Heightens Profile
LIPPER HedgeWorld – June 1, 2005
Derivatives Spread – and Heighten – Risk
Wall Street Journal – May 29, 2005
My Favorite Hedge Fund
LIPPER HedgeWorld – May 26, 2005 – by Janet Tavakoli
“Model Monkeys” Lose Track of Reality
Financial Times – May 20, 2005
The Synthetic CDO Shell Game
Investment Dealers’ Digest – May 16, 2005 (Cover Story)
Bonds Shine as Safe Havens Amid United, GM Woes
Chicago Tribune – May 12, 2005
Risky Strategies Take Toll on Traders
Wall Street Journal – May 11, 2005
Sobering News on CDOs in Moody’s Report (Hedge Funds Short BBB)
LIPPER HedgeWorld [Reuters] – May 11, 2005
Coping with Credit in a Climate of Default
Corporate Finance – originally published March 2002 – Adapted and Updated May 2005
CDOs Can Confuse Bank Managers
Financial Times – April 26, 2005 by Janet Tavakoli
Tavakoli’s Speech to the IMF on Global Systemic Risks
TSF – April 26, 2005
The Challenge of CDO Squared
Risk Magazine – March 2005 /Volume18/No3
BIS Stress Tests Structured Finance
ISR International Securitisation Report – March 1, 2005
UK’s FSA Concerned About Sloppy Back-Office Work
LIPPER HedgeWorld [Reuters] – February 24, 2005
More Accounting Issues at Fannie Mae
TheStreet.com – February 23, 2005
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
In With the In Crowd (Hedge Funds, Geithner, and Tavakoli)
ISR International Securitsation Report – February 1, 2005
STRUCTURED CREDIT: The Trials of Tranching
International Financing Review – IFR Magazine – October 25, 2004
CDO Arrangers’ Correlation Books
Securitization News – October 4, 2004 – Vol. II, No. 40 – by Janet Tavakoli
Fannie Mae: Key Questions Set to Shed Light on Lender
Financial Times – September 29, 2004
Fannie’s Raines Feels Heat as Stocks Slump
TheStreet.com – September 23, 2004
Profile: Banc of America Securities
US Credit – September 1, 2004
Fees / Money for Nothing?
ISR International Securitsation Report – September 1, 2004
Dying for 8% a Year
TheStreet.com – August 03, 2004
Invisible Hedge Funds (Banks’ Trading Desks)
GARP Risk Review July/August 2004 Issue 19 – by Janet Tavakoli
Post-Enron, Structured Finance Addiction Hasn’t Ebbed
TheStreet.com – July 29, 2004
Barcap / New CFO Structures Add Up
ISR International Securitsation Report – July 24, 2004
Martha Stewart: The Irony Maiden Hates to Lose
The Yearbook – July 14, 2004 – by Janet Tavakoli
Fresh EU Accounting Rules in Jeopardy
IR Magazine – June 18, 2004
Ultimate Leverage: Collateralized Fund Obligations
HedgeWorld’s Accredited Investor June 2004 – by Janet Tavakoli
What Goes on in Vegas Reaches Wall Street
Wall Street Journal – June 11, 2004
Speaking the Right Language: CDO Managers, Mezzanine, and Equity
ISR International Securitisation Report – May 2004 and reprinted in
Financial Engineering News – July/August 2004 Issue No. 38
FASB in Error on Options Valuation
Financial Times – April 5, 2004 – [Letter from Janet Tavakoli]
Derivatives Accounting Reform in Europe Faces End-of-Year Deadline
HedgeWorld – February 27, 2004
Market-Timing Was Very Good to Michael Sassano
TheStreet.com – January 16, 2004
Investors Are the Gullible Ones if They Rely on Ratings as Indicators of Financial Robustness
Financial Times – December 29, 2003 – by Janet Tavakoli
Parmalat Probers Are Likely to Focus on Role of Banks
Wall Street Journal – December 24, 2003
Understanding the Risk in Structured Deals: A Large Part of “Super Senior” Isn’t “AAA”
Forbes.com and Reuters – December 22, 2003
CDO Evolution Creates New World of Risk
Risk Professional (formerly GRR) November/December 2003 Issue 15
Buyer Beware
International Financing Review (IFR Magazine) Derivatives 2003, Issue 1507 – Oct. 25, 2003
by Janet Tavakoli
Landesbanken: even lower rating may be in order
Financial Times – December 1, 2003 Leaders & Letters – by Janet Tavakoli
Cover Story – Why These Folks Mean Business (Sarbanes-Oxley)
Finance World – October 2003
FIN 46 Interview
Securitization News and Loan Market Review – October 27, 2003 – Interview with Janet Tavakoli
Currency Convertibility Protection: The Forgotten Credit Derivative
Derivatives Week VOL. XII, NO. 41- October 13, 2003 – by Janet Tavakoli
Fast Growing Sector Hits Unlikely Roadblock (Cash High Yield CDOs)
Financial Times – October 1, 2003
Hedge Funds Face SEC Oversight
IR Magazine – September 30, 2003
Want Good Numbers? Watch Your Language
HedgeWorld – September 24, 2003
Tough Times Continue at Freddie Mac
Financial Times – August 25, 2003
Freddie Report Highlights New CEO’s Questionable Role
International Financing Review (IFR) Issue 1494 – July 26, 2003
Freddie Mac Report Soft Pedals Thorny Case
The Street.com’s Real Money – July 24, 2003
FIN 46 May Result in ‘Courting’ of Hedge Funds
HedgeWorld – July 22, 2003
Freddie Hides in the Hedges
Wall Street Journal – July 15, 2003
Raising the Bar on Off-Balance Sheet Finance
TheStreet.com – July 4, 2003
Cracking Correlation – Credit Default Swaps
Credit Risk – July 2003 Volume 16/No7
Assessing Risk: Peeling Apart Data on Derivativesa
American Banker – July 1, 2003
Freddie Mac Takes On Full House of Derivatives
Wall Street Journal – June 30, 2003
Concentration of Firms Handling Freddie Mac Derivatives Causes Concern
Securities Week – June 30, 2003
Book Debates Racing Deal
Financial Times – June 28, 2003
A Mysterious World
Risk Professional (formerly GARP Risk Review) May/June 2003 Issue 12
Credit Derivatives
Risk Professional (formerly GARP Newsletter) May 2003
Ex-WestLB financial engineering head launches consultancy
Risk.net – April 28, 2003
Former WestLB Banker Tavakoli Starts Credit Derivatives Firm
Bloomberg News – April 3, 2003