Collateralized Debt Obligations and Structured Finance: New Developments in Cash and Synthetic Securitization (Wiley Finance)


Product Description
The most cutting-edge read on CDO and credit market structuresCollateralized Debt Obligations and Structured Finance provides a state-of-the-art look at the exploding CDO and structured credit products market. Financial expert Janet Tavakoli examines securitization topics never before seen in print, including the huge increase in the CDO arbitrage created by synthetics; the tranches most at risk from this new technology; dumping securitizations on bank balance sheets; the abuse of offshore vehicles by companies such as Enron; and securitizations made possible by new securitization techniques and the introduction of the Euro. This valuable guide comprehensively covers one of the fastest growing markets on Wall Street, predicting where new bank regulations and other developments may lead to product growth or product extinction. While providing an overview of the market and its dynamic growth, Collateralized Debt Obligations and Structured Finance explores the types of products offered, hedging techniques, and valuation and risk/return issues associated with investment in CDOs and synthetic CDOs.
Janet M. Tavakoli, MBA (Chicago, IL), has over eighteen years of experience trading, structuring, and marketing derivatives and structured products with major financial institutions in New York and London. She is also the author of Credit Derivatives and Synthetic Structures, now in its Second Edition (0-471-41266-X).
Collateralized Debt Obligations and Structured Finance: New Developments in Cash and Synthetic Securitization (Wiley Finance) Review
This is a terrific book for anyone, any level of competency that wants to or needs to now about collateralized debt obligations and structured finance; particularly new developments in cash and synthetic securtizations. The author is so insightful and clever in explaining these complicated financial instruments it is almost beyond words; as well as beautiful and articulate. This book would be an excellent stocking stuffer for any financial risk management professional or as an office gift for any support staff or assistants. This magnum opus is an excellent reference book with solid and consistent definitions, descriptions and real world examples. No doubt this financial treatise by Tavakoli will become the textbook of choice for any graduate school developing a curriculum on financial risk management. If it was possible to give this book ten (10) stars, I would.Most of the consumer Reviews tell that the "Collateralized Debt Obligations and Structured Finance: New Developments in Cash and Synthetic Securitization (Wiley Finance)" are high quality item. You can read each testimony from consumers to find out cons and pros from Collateralized Debt Obligations and Structured Finance: New Developments in Cash and Synthetic Securitization (Wiley Finance) ...

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