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Fully revised and updatedHere is the only comprehensive source that explains the various instruments in the market, their economic value, how to document trades, and more. This new edition includes enhanced treatment of U.S. and worldwide regulatory issues, and new product structures.'If you want to know more about credit derivativesand these days an increasing number of people dothen you should read this book.'Merton H. Miller, winner, Nobel Prize in Economics, 1990'Tavakoli brings extraordinary insight and clarity to this fascinating financial evolution . . .'Carl V. Schuman, Manager, Credit Derivatives, West LB New YorkJanet M. Tavakoli (Chicago, IL) is Vice President of the Chicago branch of Bank of America, where she directs the company's overall marketing of global derivatives and manages its CreditMetrics initiative.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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