Resignation Letter from a Frustrated Employee of... →
Had I started this blog a week earlier, my first post would have commented on the carelessness of the press in their rush to pillory all employees of AIG-FP for the sins of the few responsible for the blunderous use of credit derivatives. Thankfully, Mr. DeSantis has done most of the work for me.
A Rambling and Ambivalent Defense of Credit...
Lately, I often find myself in a position of explaining and defending CDS to my less derivatives-savvy friends and family, who are wont to heap blame for the financial crisis on the contracts themselves, the financiers who structure them, the companies that use them, and the regulators that (failed to) regulate them. The debate usually begins in earnest when one of these friends, having read some...
About this Blog
Hello. I am Sandrew and this is my finance blog. Yes, Sandrew is an alias. I hate having to use an alias, but such is the state of my employment agreement that I feel the need to remain annonymous. That said, I feel I owe the reader at least a bit of a bio and an explanation as to why and how I am blogging about finance. In my professional career, I am a presently financial derivatives...