Credit/Opinion
Credit ratings are a necessary evil: Gary Jenkins column
Credit rating agencies have been an easy target for investors’ ire – and in many cases the condemnation has been justified. But ratings perform an important function in the markets.
The true source of liquidity in financial markets: Caveat Emptor column
Liquidity – its origins and effects – have long exercised investors, but one thing is certain: banks are not the main source of liquidity, despite what they would have us believe.
Greece bailout package needs to be extended: Rob Davies column
Three-year tenor of bailout package doesn't give Greece the long-term stability it needs to address its fiscal problems.
MBS investors need to choose their servicer wisely: Joseph Mason column
Having the right servicer in place is critical in maximising the recovery value of distressed loans in mortgage-backed portfolios.
US politicians don't know the difference between CDS and insurance: Aaron Brown column
Lawmakers seeking to clamp down on the use of credit default swaps should remember that hedging and insurance are two very different concepts
Bond syndication process cheats investors
New issue distribution is not a fair deal for bond investors because the syndication process is so opaque
