Following a recent New York Times story in which R&R Consulting's Sylvain Raynes criticized Goldman's CDO arrangements on mortgage-backed securities, McClatchy Newspapers have published their own expose on the details of one revealing Goldman deal. Commenting on this transaction, Raynes says it was tainted by...
R&R Consulting's Sylvain Raynes comments on the "cynical" use of credit information by Goldman Sachs in "Banks Bundled Bad Debt, Bet Against It and Won," by Gretchen Morgenson and Louise Story in The New York Times, December 24, 2009. Sylvain Raynes joins Louise Story for a...
A common diagnosis of the housing debacle is that lenders lacked "skin in the game," and so made loans without regard to risk. A proposed overhaul of financial regulation being debated in Congress would require securitizers of mortgages to keep, at minimum, between 5% and...
R&R Consulting's Ann Rutledge notes that the financial crisis has demonstrated the need for new fraud risk models to facilitate sound economic decisions within the capitalist framework. Paradoxically, while improper use of securitization brought on the financial crisis, properly implemented securitization models could help revive...
R&R Consulting principal Sylvain Raynes is quoted in a ground-breaking expose by McClatchy Newspapers on how Moody's compromised the integrity of its credit ratings: "As the housing market collapsed in late 2007, Moody's Investors Service, whose investment ratings were widely trusted, responded by purging analysts and...
R&R Consulting's Ann Rutledge comments on the importance of updating structured security ratings -- a service provided by R&R's patented ABSTRAK technology -- in "When Bond Ratings Get Stale" by Gretchen Morgenson, The New York Times, October 10, 2009....
With healthcare reform the hot topic of the day, R&R Consulting's Sylvain Raynes was interviewed on David Webb's Grinder Show to describe how the cybernetic approach to healthcare finance reform developed by R&R and Standard Medical Acceptance Corporation (SMA) could bring healthcare costs under control. Tune...
R&R principal Sylvain Raynes, a former Moody's executive, discusses the ongoing controversy over conflicts of interests at rating agencies on Bloomberg Television. Watch the September 30 interview on YouTube....
Newsweek quotes R&R Consulting's Sylvain Raynes regarding recent testimony by a former Moody's managing director before the House Committee on Oversight and Government Reform alleging that the rating agency was criminally deceiving investors by purportedly inflating ratings on securities even into the current year: "...
Business bloger Yael Bizouati interviewed R&R's Sylvain Raynes about former Moody's analyst Eric Kolchinsky's testimony on ratings-firm reform before the House Committee on Oversight and Government Reform. Raynes says Moody's should be "put out of its misery" for its "pattern of fraud," and describes a...