Issue 56 - September 19th
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Rumour has it...
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A wonderful life?
It's coming sometime and maybe
EXT. BUILDING AND LOAN - DAY An iron grill blocks the street entrance to the Building an...
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Data
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CDR Liquid Index data as at 17 September 2007
Source: Credit Derivatives Research
Index Values &a...
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News
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Manager rankings
New tools could clarify tiering
New bank research shows that the average percentage of underlying RMBS and CDO collateral downgrade...
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Market risk re-evaluated
Rating agencies set to explore ratings volatility
The traditional disclaimer for rating agencies is that they are only concerned with credit risk. Bu...
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CPDOs restructured
Move highlights impact of spread leverage
UBS has restructured two of the three series of Financial Basket TYGER CPDO notes issued by its ELM...
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European CLO sector returns
Two innovative transactions lead the way
The European CLO market has returned with a flourish. Citi has structured what is thought to be the...
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Talking Point
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CDO management as nature intended
Applying Mother Nature's laws to the jungle of CDOs may help managers evolve in the current climate ...
The art of effectively managing CDOs in these turbulent markets is becoming more complex by the day...
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The Structured Credit Interview
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What goes around
Mark Gold, senior partner at Hillmark Capital, answers SCI's questions
Q: When, how and why did you and your firm become involved in the structured credit markets? A: I...
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Provider Profile
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"People should distinguish more between assets"
In this week's Provider Profile we talk to Morrison & Foerster about recent market volatility an...
Recent market volatility has brought structured credit into the mainstream headlines for the first...
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Job Swaps
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Fund adds five
The latest company and people moves
Fund adds five SPQR Capital the fund manager set up by three former members of Deutsche Bank's str...
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News Round-up
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Northern Rock presents conundrum
A round up of this week's structured credit news
Northern Rock presents conundrum Northern Rock – Europe's largest ABS issuer in 2006 (at €29.6bn)...
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Research Notes
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Trading ideas - lock, stock and two smoking Bear-els
Dave Klein, research analyst at Credit Derivatives Research, looks at a "wings" trade on Bear Stearn...
Credit and equity risk are unambiguously linked, as the risk of debt holders not receiving their cl...
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