Structured Credit Handbook (eBook)

ARVIND RAJAN, PHD, is a Managing Director at Citigroup, where he engages in proprietary trading of credit, structured credit, and emerging markets. He was previously co-head of U.S. Fixed Income Strategy (2004-2005) and global head of Structured Credit Research and Strategy (2003-2005). Rajan was twice ranked first and once second in the All-America Fixed Income Research poll by Institutional Investor magazine. He has more than two decades of experience in modeling and quantitative analysis. GLEN MCDERMOTT, JD, is a Director in the Structured Credit Sales Group at Citigroup Global Markets. Previously, McDermott was a highly ranked research analyst and global head of CDO Research and Strategy at Citigroup for five years (2000-2005). Prior to joining Citigroup, McDermott worked for six years (1994-2000) at Standard & Poor's Ratings Services where he analyzed many structured finance asset classes. McDermott's work has been published in numerous scholarly journals, and he is also a contributor to the Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities, also published by Wiley. RATUL ROY is Head of CDO Strategy for Citigroup Global Markets. Before taking on his current role in 2005, Roy was head of European CDO Strategy--a position he occupied in 2003 after spending the prior seven years in structuring or analyzing CDOs and other structured credit products. This included positions in UBS Capital Markets (1995-1997), Chase Manhattan Bank (1997-1999), Standard & Poor's (1999-2000), and finally, as a cash CDO structurer in Citigroup's London office (2000-2003). Roy holds a PhD in chemical engineering from Cambridge University, England.

"The Structured Credit Handbook is an outstanding
achievement. It provides and excellent and well-written tutorial on
all aspects of structured credit markets and includes many
interesting examples and applications. The book brings a wealth of
institutional knowledge together with first-class economic analysis
by some of the leading practitioners in the field. Rejan,
McDermott, and Roy have written the definitive reference that
students, researchers, investors, and market professionals have
been waiting for."--Francis Longstaff, Allstate
Professor of Insurance and Finance, UCLA Anderson
School of Management

"The Structured Credit Handbook is a unique blend
of products and trading strategies. This is an authoritative and
colorful treatment designed for investors and sales-and-trading
professionals covering structured credit products. All of the key
products are covered."--Darrell Duffie, Dean Witter
Distinguished Professor of Finance, Stanford
University

"Finally, a clearly written and comprehensive road map of
the world of structured credit! The Structured Credit
Handbook incisively analyzes the entire spectrum of structured
credit products, from single name CDS to CDOs. Well-suited for
students and practitioners alike, this book provides a unique,
practical framework for understanding this complex and rapidly
changing field. This book is destined to become a fixture in
trading rooms, investment departments, and classrooms around the
world."--Ian Lui, Chief Investment Officer and
Christopher Ni, Deputy Chief Investment Officer, Shin Kong Life
Insurance Co. Ltd.