[caption id="" align="alignleft" width="190"] R&R Consulting in DealBook[/caption] DealBook - R&R Consulting Sets Sights on Being a Credit Ratings Agency. http://dealbook.nytimes.com/2011/12/08/a-would-be-ratings-agency-without-rose-colored-glasses/...
The following is a hypothetical conversation between Constance “Connie” de Boudinville, the dashing and attractive spokesperson for the US credit rating industry, and Axel Raskolnikov, an eastern European banker on a fact-finding mission in the United States aimed at improving the practice of banking in...
I would like to tell you about the recent Unites States long-term credit rating downgrade by S&P. Now surely, the Republic will stand regardless of the doom and gloom the S&P minions may see in their crystal ball. Rather than piling in right away with Hegelian...
David Webb’s 14 June 2011 blog, Nine Dragons spotlights SFC regulation of CRAs, raises a legitimate and important question about the timing of credit rating agency press releases, but his analysis misses the mark. http://bit.ly/mCSS8C Mr. Webb, former investment banker, small-cap investor and self-proclaimed advocate of...
On May 18, 2011, Ann Rutledge testified to the Senate Sub-committee on Securities, Insurance and Investments on the State of the Securitization Markets: http://www.c-spanvideo.org/annrutledge On January 10, her testimony was picked up on Mortgage Orb.com as Correcting the Flaw in the Rating System. http://bit.ly/jUyhm0 Check it out!...
Joint Obligation Ratings in Consumer ABS Thomas Adams, Ann Rutledge and Sylvain Raynes Current rating agency practices do not appear to factor into the ratings of insured consumer asset-backed securities (ABS) the effects of correlation between an insurer default and a transaction default. As a result, the...
The New York Times and Huffington Post quote R&R Consulting principals Sylvain Raynes and Ann Rutledge on the report of the Financial Crisis Inquiry Commission released on January 27. Among the report's revelations is the finding that some $2.9 billion from the taxpayer rescue of...
R&R Consulting principal Sylvain Raynes welcomes Standard and Poor’s admission that it incorrectly analyzed 1,196 securities tied to U.S. residential mortgages, but wonders if anyone at the company will bear the consequences. Read the full article by Jody Shenn, “S&P May Reduce 1,196 Securities Tied...
R&R Consulting principal Ann Rutledge is interviewed in an article on how to address the monopoly rating agencies currently enjoy, to the detriment of the debt market and the economy as a whole. Read the full article by Vanessa Drucker, "Second Rate," on the FundStrategy website....
R&R Consulting principal Ann Rutledge is interviewed at length on the Daily Finance website about the need for drastic reforms to address shortcomings in the CDO market highlighted by the Goldman Sach Abacus case. Read the full interview by Peter Cohan, "Behind the $4 Trillion in...