Credit risk: the great challenge for the global economy
Classic industry players: banks, savings institutions, insurance: companies, finance companies, and special purpose entities
The portfolio managers: investment managers, mutual funds, pension funds, and hedge funds
Structural hubs: clearinghouses, derivative product companies, and exchanges
Asset-based lending and lease finance
Introduction to credit risk models
Credit risk models based upon accounting data and market values
Corporate credit risk models based on stock price
Credit models for small business, real estate, and financial institutions
Testing and implementation of credit risk models
About corporate default rates
Default recovery rates and LGD in credit risk modeling and practice
Introduction to portfolio approaches
Economic capital and capital allocation
Application of portfolio approaches
New markets, new players, new ways to play
Market chaos and a reversion to the mean: the rediscovery of culture as a credit risk management tool.
