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Securitization and Structured Finance

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RGE Analysis

CROSS ASSET MONTHLY

Credit: Who Gets Their Pound of Flesh?

David Nowakowski Aug 31, 2010

CROSS ASSET MONTHLY

Emerging Markets: At the Cross Roads

Natalia Gurushina Aug 31, 2010

CROSS ASSET MONTHLY

Executive Summary: States of Flux: Stay Risk Averse

Arnab Das Aug 31, 2010

RGE STRATEGY VIEW

Struggling to Break Free: Rising Correlations Part II

By David Nowakowski and Natalia Gurushina Aug 25, 2010

RGE STRATEGY VIEW

The History of Risk—Correlations, Volatilities and Z-Scores

By David Nowakowski and Natalia Gurushina Aug 25, 2010

Satyajit Das on Lehman CDS Settlement: Epilogue

Elisa Parisi-Capone Jan 27, 2009

Commodity Prices and Derivatives Activity

Elisa Parisi-Capone Sep 4, 2008

EconoMonitors

Finance & Markets Monitor

Impossible Wall Street Fixes

Barry Ritholtz May 16, 2010

Finance & Markets Monitor

Were the Ratings Agencies Duped Rather than Dumb?

Yves Smith May 13, 2010

Emerging Markets Monitor

Currency Futures: An Example of How India Changes

Ajay Shah Apr 22, 2010

Finance & Markets Monitor

Is Goldman’s Hardball Stance a Big Mistake?

Yves Smith Apr 21, 2010

Finance & Markets Monitor

Bill Clinton: Derivatives? My Bad…

Barry Ritholtz Apr 19, 2010

Finance & Markets Monitor

SEC Charges Goldman with Fraud

James Kwak Apr 16, 2010

Finance & Markets Monitor

Debunking Michael Lewis' Subprime Short Hagiography

Yves Smith Mar 25, 2010

Finance & Markets Monitor

‘Swap Tango’ – A Derivative Regulation Dance: Part 2

Satyajit Das Mar 10, 2010

Finance & Markets Monitor

‘Swap Tango’ – A Derivative Regulation Dance: Part 1

Satyajit Das Mar 7, 2010

US EconoMonitor

Morgenson on Municipalities’ Swap Fiascoes

Yves Smith Mar 7, 2010

Finance & Markets Monitor

Interview with Chris Whalen of Institutional Risk Analytics

Yves Smith Feb 24, 2010

Finance & Markets Monitor

Prerequisites for a Standalone Securitization Market

Joseph Mason Feb 17, 2010

Finance & Markets Monitor

Bank Securitization Woes Only the Beginning

Yves Smith Feb 8, 2010

US EconoMonitor

Volcker Rule: Dead on Arrival? And is Obama a Lame Duck?

Yves Smith Feb 2, 2010

Global Macro EconoMonitor

Botox Cures – Part 1

Satyajit Das Jan 25, 2010

Finance & Markets Monitor

On Goldman’s (and Now Morgan Stanley’s) Deceptive Synthetic CDO Practices

Yves Smith Dec 30, 2009

Finance & Markets Monitor

Interesting Paper on Leveraged Buyouts and Private Equity

Claus Vistesen Dec 23, 2009

US EconoMonitor

Non-Reform of Rating Agencies

Yves Smith Dec 8, 2009

Finance & Markets Monitor

Details

James Kwak Nov 30, 2009

Finance & Markets Monitor

Does Financial Innovation Promote Economic Growth?

Rick Bookstaber Nov 4, 2009

US EconoMonitor

What a Tangled Web Mortgage Securitizers Weave…

Barry Ritholtz Oct 25, 2009

US EconoMonitor

We Need Open Derivative Models

Rick Bookstaber Oct 12, 2009

US EconoMonitor

Why Sheila Bair’s Remarks about Repos are Really, Really Important

Joseph Mason Oct 6, 2009

US EconoMonitor

TALF as a Permanent Lender of Last Resort

Joseph Mason Sep 29, 2009

US EconoMonitor

Those Who Really Saw the Crisis Coming also Know How it Ends

Joseph Mason Sep 16, 2009

US EconoMonitor

No Accounting for Taste

Satyajit Das Sep 14, 2009

US EconoMonitor

Ratings Reform, Redux

Joseph Mason Aug 26, 2009

US EconoMonitor

Fun with Derivatives

James Kwak Aug 24, 2009

RGE Analysts' EconoMonitor

Credit Markets Update: Fundamentals Driven or Too Much Liquidity?

Elisa Parisi-Capone Aug 12, 2009

US EconoMonitor

Naked CDS: Exposed

Charles Davi Aug 11, 2009

US EconoMonitor

The Problem That Won’t Go Away

James Kwak Aug 7, 2009

Daily Digest

Blogs

Moody’s avoids prosecution, on a technicality…

FT Alphaville  Paul Murphy Aug 31, 2010

Analysis

OTC Derivatives and Central Clearing: Can All Transactions Be Cleared?

University of Toronto  John Hull April 2010

Analysis

Credit default swaps: Financial innovation or financial dysfunction?

Banque de France  Satyajit Das July 2010

Research

Credit default swaps and fi nancial stability

Columbia University  Rama Cont July 2010

Analysis

Euro public debt and the markets: sovereign fundamentals and CDS market dynamics

Barclays Capital  Laurence Boone, Søren Willemann and Laurent Reansolet July 2010

Analysis

Redesigning OTC derivatives markets to ensure financial stability - papers

Financial Stability Review, July 2010  Banque de France Aug 25, 2010

Opinions

Mr. Gross Goes to Washington

PIMCO  Aug 24, 2010

Analysis

Unlocking the language of structured securities

Financial Times  Donald MacKenzie Aug 19, 2010

Analysis

Four Ministries Investigate Debt Held by Local Financing Vehicles

Economic Observer  Aug 18, 2010

Blogs

Ignoring China’s Bad Debt, or, Business as Usual

WSJ China Real Time Report  Aug 16, 2010

Research

Rating performance and agency incentives of structured finance transactions

Universita Commerciale Luigi Bocconi  Harald Scheule and Daniel Roesch Nov 22, 2009

News

Chile Plans Tax Rule Changes for Derivatives

Business Week  Sebastian Boyd Aug 10, 2010

Research

The Economics of Credit Default Swaps (CDS)

Cornell University  Robert A. Jarrow Jul 21, 2010

Analysis

The Murky Realm of (Derivatives) Clearing

New Deal 2.0  Aug 9, 2010

Research

Banking on Liquidity: Liquidity, Collateral and Derivatives

EDHEC-Risk Institute  Con Keating and Barry Marshall June 2010

Research

The (sizable) Role of Rehypothecation in the Shadow Banking System

IMF  Manmohan Singh and James Aitken Jul 27, 2010

Blogs

Debating the Securitization of Mortgages

New York Times Economix Blog  Edward Glaeser Jul 27, 2010

News

Saudi foreign securities assets surge in H1

Emirates 24/7  Jul 27, 2010

Research

Credit default swaps: what are the social benefi ts and costs?

London School of Economics  Ronald Anderson Jul 2010

Blogs

What’s the SEC to do about 436(g)? Call a time out.

FT Alphaville  Stacy-Marie Ishmael Jul 22, 2010

News

Russia’s First Auto-Loan Backed Bond since ’06 Planned on Sale

Bloomberg  Paul Abelsky and Anastasia Ustinova Jul 21, 2010

Research

Three Essays on Liquidity Crisis, Monetary Policy, and Banking Regulation

Ludwig Maximilian Unviversity  Jin Cao Jul 11, 2010

Opinions

Put them back on the Federal Budget

The Economist  Tom Gallagher Jul 19, 2010

News

Shadow Banking Debt Still Tops Regular Banks', Fed Report Says

Bloomberg  Christine Richard Jul 16, 2010

News

Goldman Sachs settles with SEC

FT  Jul 16, 2010

Blogs

China’s trust factor

FT Alphaville  Tracy Alloway Jul 15, 2010

Analysis

Chinese Banks: Informal Securitisation Increasingly Distorting Credit Data

Fitch Ratings  Charlene Chu, Chunling Wen and Hiddy He Jul 14, 2010

Analysis

Inside the Ratings: How Structured Finance and Other Ratings are Comparable but Different

Fitch Ratings  Stuart Jennings, Krishnan Ramadurai and John Olert Jul 15, 2010

Research

Shadow Banking

Federal Reserve Bank of New York  Tobias Adrian, Zoltan Pozsar, Adam Ashcraft and Hayley Boesky Jul 09, 2010

Analysis

Second Thoughts on Sovereign Credit-Default Swaps

Ludwig Von Mises Institute  Xavier Méra Jul 06, 2010

Analysis

Commercial real estate loans facing refinancing risks: CMBS only part of a growing problem

Deutsche Bank Research  Tobias Just and Sophie Alswede Jul 06, 2010

News

China Halts Loan Repackaging

Caixin  Jul 06, 2010

News

Talf retires as saviour of securitisation

Financial Times  Jul 01, 2010

News

Fresh moves to unlock loan pool

Financial Times  Victor Mallet and Patrick Jenkins Jun 28, 2010

Blogs

On clearing house concentration risk

FT Alphaville  Tracy Alloway Jun 25, 2010

Analysis

The AIG Rescue, Its Impact on Markets, and the Government’s Exit Strategy

Congressional Oversight Panel Report  Elizabeth Warren, Damon Silvers, Richard Neiman and Jeb Hensarling Jun 10, 2010

News

JPMorgan pushes on with talks over Gávea

FT  Helen Thomas Jun 20, 2010

News

Doubt grows over Greek CDS role

Financial Times  Jun 15, 2010

News

More turmoil looms in CDO market

Financial Times  Aline van Duyn Jun 20, 2010

Analysis

U.S. RMBS Servicers’ Loss Mitigation and Modification Efforts Update II

FitchRatings (free registration)  Diane Pendley and Thomas Crowe et al Jun 19, 2010

Blogs

Making OTC derivatives less OTC (BIS's Stephen Cecchetti)

Credit Risk Chronicles  Jun 18, 2010

News

ECB tells ABS industry to reform

Financial Times  Jennifer Hughes Jun 17, 2010

Blogs

Government Bonds and the Financial Crisis

Economix, New York Times  Jack Ewing Jun 15, 2010

Blogs

China’s locals on a locally-generated China crisis

FT Alphaville  Tracy Alloway Jun 10, 2010

Analysis

Derivatives: A tricky pick

Financial Times  Sam Jones and Jonathan Ford Jun 10, 2010

Analysis

Bahrain: Insured Growth

Oxford Business Group  Jun 07, 2010

Research

Liquidity-saving mechanisms in collateral-based RTGS payment systems

Bank of England  Antoine Martin and Marius Jurgilas Jun 01, 2010

News

Argentine Bond Awards to Be Recalculated, Court Rules (Update1)

Bloomberg  Fred Strasser and Andrew Dunn May 27, 2010

News

Germany May Expand Short Selling Ban, Ministry Says

Bloomberg  Rainer Buergin and Karin Matussek May 25, 2010

Analysis

Annex 1.2. Assessing Proposals to Ban “Naked Shorts” in Sovereign CDS

IMF Global Financial Stability Report  April 2010

News

Argentine Bonds Fall in Worst Week Since March 2009 Amid Swap

Bloomberg  Drew Benson May 21, 2010

Blogs

Congress Gets It Right on Credit Rating Agencies

Beat the Press  Dean Baker May 17, 2010

Blogs

Corporate Credit Default Swaps and Non-Dealer Trading Volume

Kamakura Blog  Donald R. van Deventer May 13, 2010

Blogs

Corporate CDS: A Market That's Not a Market?

Credit Risk Chronicles  May 13, 2010

Blogs

S&P's New Credit Stability Criteria

Credit Risk Chronicles  May 09, 2010

Blogs

Game over for Moody's?

Credit Risk Chronicles  May 09, 2010

News

Colombia sees new Latam stock market this year

Reuters  Javier Mozzo May 07, 2010

Analysis

Senate's Goldman Probe Shows Toxic Magnification

Wall Street Journal  Serena Ng and Carrick Moellenkamp May 03, 2010

Analysis

Goldman Sachs and Abacus 2007-AC1: A Look Beyond the Numbers

Knowledge@Wharton  Apr 28, 2010

News

The Goldman hearings: Grilled squid

The Economist  Apr 28, 2010

News

Industry foresees less structured finance innovation

Financial Times  Jennifer Hughes Apr 24, 2010

Analysis

Japanese CMBS Collateral Reported Sales Prices Mostly in Line with Surveillance Assumptions

Fitch Ratings (free registration required)  Toru Kobayashi Apr 22, 2010

Analysis

When Wall Street Deals Resemble Casino Wagers

DealBook  Andrew Ross Sorkin Apr 21, 2010

Analysis

Market failure or market-existence failure?

VoxEU  Harald Hau Apr 20, 2010

Analysis

Chapter I. Resolving the Crisis Legacy and Meeting New Challenges to Financial Stability

IMF Global Financial Stability Report  Apr 20, 2010

Analysis

Turbulent Waters for Derivatives Markets

Harvard Law School Forum   Apr 19, 2010

News

Sen. Lincoln unveils broad derivatives regulatory bill

MarketWatch  Ronald D. Orol Apr 18, 2010

News

Gordon Brown calls for Goldman Sachs investigation

Telegraph  Amy Wilson and Graham Ruddick Apr 18, 2010

News

EU’s Investigation of Goldman Will Be ‘Profound,’ Rehn Says

Bloomberg  Ben Sills and Ben Moshinsky Apr 18, 2010

Analysis

Goldman versus the regulators

Financial Times  Francesco Guerrera and Patrick Jenkins Apr 18, 2010

Analysis

The Magnetar Trade: How One Hedge Fund Helped Keep the Bubble Going

ProPublica  Jesse Eisinger and Jake Bernstein Apr 18, 2010

Blogs

Prime ABX: A Reminder

Zero Hedge  Apr 17, 2010

Blogs

The case involving ABACUS 2007-AC1

FT Alpahville  Paul Murphy Apr 16, 2010

Blogs

Industry Opposes ‘Monumental’ Expansion of CFTC Power

Bloomberg  Asjylyn Loder Apr 16, 2010

Blogs

Clearing house swap-downs: Competition over margins?

FT Alpahville  Tracy Alloway Apr 16, 2010

Analysis

European Securitization Data Report, Q4 2009

AFME/ESF  Apr 15, 2010