The Big Picture

MARCH 5, 2024

I graduated economics with, with a lot of coursework in accounting and finance. Perhaps most famously you guys put on a CO bet, a collateralized debt obligation bet that was designed to do well if housing made some extreme moves and it was non-directional, it was hedged. And so the pension funds are faced with this illiquidity problem.

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The Big Picture

MAY 23, 2023

That’s not the thought process of someone who wants to go into finance. RITHOLTZ: When did it enter your mind that, hey, this finance stuff looks kind of interesting? And the Japanese regulators were having a tough time with cross collateralization and issues about whether there were balance sheet accounting issues.

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The Big Picture

FEBRUARY 13, 2023

You graduate Emory University with a degree in finance. No, I’m — RITHOLTZ: You beat me by an hour, RIEDER: You know, I think, I would say to young people who come into the business, you know, why are you coming into finance? Didn’t it start as a bond shop, catering to pension funds and foundations?

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The Big Picture

AUGUST 15, 2023

And he said, “Well, it has to be this and that “and it has to be collateralized with a letter of credit.” Public pension funds that manage hundreds of billion dollars can be manned by professionals that make $80 to $150,000 a year. ” And I was like, “What?” SEIDES: Yeah. Last two questions.

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Pension Pulse

NOVEMBER 10, 2023

Executive announcements Manroop Jhooty was appointed Senior Managing Director & Head of Total Fund Management. Completed a multi-year forward flow agreement with Exeter Finance LLC, a U.S. indirect auto finance company, to acquire up to US$200 million per year in residual certificates of auto loan receivables securitizations.

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The Motley Fool

JULY 20, 2023

In fact, virtually all of our drawdown funds we've launched in our history, have been profitable for our investors. Our performance has helped secure retirees' pensions, fund students educations, pay healthcare benefits, and protect and grow the savings of individual investors. banks with an average of 12 times leverage.

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The Big Picture

JUNE 20, 2023

MORGENSON: Well, I sort of worked my way up, if you can call it that, to writing their personal finance column, which nobody read, by the way. RITHOLTZ: Now that we have gender parity in finance, thank you. MORGENSON: It can be collateralized loan obligations, now it’s big private debt. RITHOLTZ: At Vogue, though.

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The Big Picture

FEBRUARY 20, 2024

What is the communication like back and forth between the New York Fed and major players in finance, especially in the midst of a crisis like that? ’cause L-I-B-O-R was probably the most important number, certainly in credit, maybe in all of finance. You need to come up with more collateral. I’m sorry.

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