Securitisation
No more special treatment
Accounting
Prime suspect
Knowing the exact quality of the loans in a securitisation pool is key if investor appetite for mortgage securities is to return. Chris Ames, an asset-backed portfolio manager at Schroders, discusses what's prime, what's not, and what has to happen for…
Through the looking glass
ABS Valuations
Vicious circles
Risk Management
Lawsuits leave monolines' future in the balance
Two high-profile court cases involving FGIC and XL Capital Assurance could determine the fate of the troubled monoline insurance industry. If the verdicts go against the insurers, the damage would not just be to their reputation, but it would call into…
M&G - Fundamental truths
M&G's steady, conservative investment style during the years leading up to 2007 may have resulted in solid, if unspectacular, returns, but this methodical approach has served the firm well during the credit crisis. Rather like the proverbial tortoise, M…
Die Rettungsaktion
Bankenkrise
Tails of the unexpected
Credit Models
CDPCs unter Druck
CDPCs
Rating revised
Credit ratings
Regulatory reprieve
Special Report: Synthetic credit
In the hothouse
Funding
Restoring ratings
CDO ratings
Marking to market, to model or to matrix?
10. Mark-to-market
CDOs: Weathering the subprime storm
1. Introduction
Arbitrage, super-senior and single-tranche CDOs
4. Other CDO types
The benefits of balance sheet management
2. Balance sheet management
Monoline insurers and the super-senior bombshell
9. Monolines
The spread of collateral in the CDO market
5. Other collateral types
Rebuilding a stronger structured credit market
Sponsored foreword
Summer 2007: When the music stopped
8. Credit crisis
Back to basics
We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask ..