Wednesday, June 18, 2008

Asset Backed Securities.

I spent yesterday trying to figure out the tranching in the waterfall for the collateralised debt obligation. I spent much of today trying to get around the loss of power in the weighted least squares regression of the mortality adjustments due to the fact that the bastard consultant will not cough up the actual observations, and only gives us the ratios of observations to expected.
I spent the rest of the day trying to determine whether party A should be sold put options or call options to make up for the put (or call) futures and who was hedging whom, and for what.

I actually know fuck all about finance. I think I will spend the rest of the evening thinking about breasts.

6 comments:

L.R.643 said...

u do just that and perhaps ull get ur sanity back...

Dr. Shale bin Agnon said...

Gradually returning...

L.R.643 said...

it duz intrigue me how there's a slight possibility of it fading for a while.. interesting

Dr. Shale bin Agnon said...

I must say, sometimes I have wondered.

L.R.643 said...

...is it intentional?

Manutdfanatic said...

Disappointing.