A Synthetic Credit Portfolio trader, Bruno Iksil, was given the title of the “London Whale” in the April 6, 2012 issue of the Wall Street Journal and Bloomberg. (Hurtado) This case study focuses on the reasons for that article and the series of derivative transactions (involving credit default swaps) which cost JPMorgan Chase & Co. [...]
Ceylon Petroleum Corporation (CPC) made oil price hedging deals with several banks in 2007 without employing the proper expertise for such a complex option. When the oil market crashed, the hedging deals’ negative payoff for CPC reached several hundred millions. CPC defaulted on the hedging payments which resulted in the banks taking CPC to International [...]
Random musing of founder – From startup rants and timelines to roadmaps. Every now and then, I end up making a promise that I can’t keep. A week ago I promised ten young startup teams that I would create a dedicate learning page for them that they could use as a reference guide once we were [...]
Startup Crash Course for Entrepreneurs Teaching smart people is always difficult. Teaching them about a subject that they possibly know a lot more than you do is an even bigger uphill task. Over the years I have figured out one approach that tends to work better than others. Take a few core ideas and [...]
Teaching Entrepreneurship in Dubai – February 2014 So after an absence of 8 months I finally managed to make it back to the SP Jain campus in Dubai. Occasion? The entrepreneurship course for the Executive MBA batch at the Dubai Campus. In my absence the campus has gone through a round of renovations and the bright yellow [...]
Our first batch of 30 copies for Models at Work, the new text book on risk management arrived earlier this week. Copies are available at Rs. 6,500 plus delivery charges while stock lasts. Order yours now.
Market Risk Management – Reading List Here my reading list for new members of our risk team at work. The book list covers market risk tools, metrics, philosophy and two books that provide a great review of the financial crisis. Market Risk – Do it yourself Guides Beyond Value at Risk: The New Science of Risk Management (Frontiers [...]
The startup failure cheat sheet. The ten things you should not do as a startup. Once upon a time in a different life I wrote a book on failure. It was a summarized edition of everything that went wrong at the three start up I founded that failed. It was my not-to-do list. Here is a [...]
Now a QAS Sponsor for NASBA National CPE self study program registry. We are very proud and happy to announce our recent status change as an approved NASBA National QAS Sponsor for the CPE self study program registry. It was a year long process that helped us rework with our learning interface and our delivery [...]
Risk Text book, Models at work, available at 50% off. Palgrave Macmillan is running a special year end and launch promotion for Models at Work. For orders placed before 31st December 2013, directly at the Palgrave Macmillan website, Models at Work is available at a special price of GBP 22.5. At 50% off the 650+ page [...]