18 Dec

Posted at 20:52h in Credit Spectrum

I am responding to Susan Saulny's article about homelessness and joblessness, a topic very close to my heart. R&R Consulting is willing to teach any jobless college graduate how to do structured finance the right way (ie, to grow jobs and avoid another Crisis) who is...

27 Jan

Posted at 11:18h in Credit Spectrum

Naked Capitalism's Yves Smith makes a compelling case for the need for structural reform. She is spot-on about the significance of disintermediation for the banking industry and the need to decouple risk. Her lament—"I see perilous little grappling with the problem that [Bank of England's...

23 Jan

Posted at 15:50h in Credit Spectrum

Step 1:For God's sake, relax! Everyone is so uptight right now that we can't even think. We will only get out of this mess by thinking, not by reacting prematurely with adolescent measures and childish pronouncements. Step 2:Suspend all further Treasury loans to Wall Street...

15 Dec

Posted at 07:16h in Credit Spectrum

Recently the Financial Economists Roundtable (FER) posted a summary of their thinking in July 2008 on Reforming the Role of Statistical Rating Organizations [SROs] in the Securitization Process. The FER is a group of senior financial economists who advance the study of finance and frame...