Moneyball by Michael Lewis is a story of the Oakland Athletics, an under-capitalized baseball team managed by Billy Beane. Unable to afford expensive talent, Beane turns to sabermetrics, baseball statistics that measure in-game performance, to select a lineup of cheaper players with lopsided abilities. Beane's own...
Two years ago, I switched. And, to better understand my sleek, shiny, beautiful new gadget, I found myself spending more and more time at the Fifth Avenue Apple Store. I discovered Apple was attracting - employing - young people from all walks of life (even Wall...
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...
Sylvain Raynes comments in Bloomberg on the French plan for Greece and the meaning of default. http://bloom.bg/k91gN3...
"The real question throughout the subprime crisis was whether the collateral manager's role was legit, or whether these firms lent their names and the appearance of objectivity to facilitate the sale of securities that were defective," said Ann Rutledge, principal of structured-finance consulting firm R&R...
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!...
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...
The Wall Street Journal interviews R&R Consulting principal Ann Rutledge about how the Federal Reserve's bailout of troubled firms made use of an obscure investment vehicle that had been closed out of the commercial-paper market long before the program was launched. Read the full story...