Before the credit crisis, credit was primarily considered only when dealing with counterparty credit risk, high-yield debt, or credit-linked derivatives. Credit and credit risk now permeate every corner of the financial world. This book analyzes credit from the beginning--the po…
Credit and credit risk permeates every corner of the financial world. Previously credit tended to be acknowledged only when dealing with counterparty credit risk, high-yield debt or credit-linked derivatives, now it affects all things, including such fundamental concepts as asse…
Before the credit crisis, credit was primarily considered only when dealing with counterparty credit risk, high-yield debt, or credit-linked derivatives. Credit and credit risk now permeate every corner of the financial world. This book analyzes credit from the beginning--the po…
Credit and credit risk permeates every corner of the financial world. Previously credit tended to be acknowledged only when dealing with counterparty credit risk, high-yield debt or credit-linked derivatives, now it affects all things, including such fundamental concepts as asse…