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Informationen zum Autor Vinod Kothari is internationally recognized as a trainer, consultant and expert on Securitization, credit derivatives and asset-based funding. A chartered accountant and company secretary, Vinod is also the author of Credit Derivatives and Synthetic Securitization, Securitization, Asset Reconstruction and Enforcement of Security Interests and Lease Financing and Hire Purchase . His website, www.vinodkothari.com is one of the most frequently visited sites on securitization. Every year, through distance training, international workshops, industry forums and conferences in over two dozen countries,Vinod trains executives at all levels on complex financial topics such as securitization, synthetic CDOs and credit derivatives. Based in Kolkota, India, Vinod can be contacted at vinod@vinodkothari.com . Klappentext Securitization: The Financial Instrument of the Future has something for everyone who has a need to know about securitization: from the student in the university to the junior associate in the business world to someone like me who was around at the birth of Securitization - from the dominant asset classes like mortgages to the more exotic asset classes like David Bowie bonds as well as the developed US and European markets to the emerging markets. Written in simple and accessible English, I especially like the many vignettes and casual observations to supplement what otherwise could have been , dry detailed recitations of technical rules. I've rarely seen a book on securitization that one could read like a novel. - Marty Rosenblatt, Founding Partner, Securitization Services Group, Deloitte & Touche LLP, First Char of the Accounting and Tax Subcommittee, American Securitization ForumThis is a thoughtful and comprehensive, user-friendly text both for the business person and legal specialist. It is particularly valuable in embracing securitization on an international level, with emphasis on Asia. - Steven L. Schwarcz, Stanley A. Star Professor of Law & Business, Duke University School of Law, Founding Director, Global Capital Markets Center Zusammenfassung Get a thorough explanation of the nuances of securitization in the global business market with this comprehensive resource. Synthetic securitization and structured products are revolutionizing the financial industry and changing the way banks, institutional investors, and securities traders do business both domestically and globally. Written by a top international trainer and expert on securitization, this book is an ideal way for all market practitioners, whether investors, bankers, or analysts, to ensure they understand the ins and outs of this practice. Inhaltsverzeichnis Preface to the Second Edition. Preface to the First Edition. Part 1: Securitization: Concepts & Markets. 1. Securitization and structured finance. Basic meaning of securitization. Securitization of receivables. Securitization and asset-backed finance. Securitization and structured finance. The big picture of securitization of finance. Securitization as a tool of risk management. Economic impact of securitization. The alchemy of securitization: Is the sum of parts more than the whole? Risks inherent in securitization. Securitization terminology. 2. Securitization: Methodology, structures, Motivators and Demotivators. Modus operandi of securitization briefly explained. Economic substance of securitization: where does the alchemy lie? Features of securitization of receivables. Securitization and factoring. Securitization and ring fencing. Asset classes. Broad types of securitization structures. Direct portfolio transfers. Pass-through structure. Pay-through structure. Collateralized mortgage obligat...
