"An in-depth look at the failure of Wall Street's "proven" financial models Origami is the Japanese art of folding paper into intricate and aesthetically attractive shapes. As such, it is the perfect metaphor for the Wall Street financial engineering model, which ultimately proved to be the...

In layman's terms, financial engineering is an engineering discipline which deals with the creation of new and improved financial products through innovative design or repackaging of existing financial instruments. Financially, engineered products like American Depository Receipt (ADR) and...

Die vorliegende Dissertation umfasst drei Arbeiten zu unterschiedlichen Aspekten der Monitoring-Funktion von Kreditratings im Sekundärmarkt für Kreditrisiken. Basierend auf einem umfassenden Datensatz über den Ratingverlauf aller von Standard & Poor's, Moody's und Fitch zwischen 1985 und 2012...