<t>These days as a general rule, it would be preferable to avoid pure investment banks only, and go for a IB within a diversified group, like Calyon-Credit Agricole.It would be such a waste to start your carrer in a bank, and find it in a serious trouble after some months.however, Calyon has a good ...

I would be interested in a copy please - saad.ho@gmail.comThx

<t>QuoteOriginally posted by: jjyuCDO was the choice of instrument by the banks is because its higher return potential. Now its name is tarish. Going forward, the bank will need to look for something different to play the same game. What's that going to be? Somehow someone will invent something new ...

Thx, this is what I am looking for.I am looking also for notes where there is a description of the markets and the forcasts. I do have an old one from the serie called "Structured Credit Trader".Thx

I am looking for the some recent issues of the Barcap Structured Credit Research Note, has anyone got some?Thx

I am also interested, my email is saad.ho@gmail.comCheers

I am interested to have the JPM handbookcould you please email it to me : saad.ho@gmail.com or post it in the forumThx

ThanksI am looking also for papers that ML send to investors on credit derivatives (eg "Credit derivatives handbook"). any clue where to find these?thx

Any clue on where to find Merill Lynch research on credit derivativesThx

It makes sense.thanks guys

HiGiven the credit spread curve (1Y 2Y 3Y 5Y 7Y 10Y 15Y 20Y, 43bps 69 96 157 196 218 226 228), how can we derive the forward CDS curve starting in 2 years? is there an easy or approximative way to do it or we have to calculate the default probabilities?thx

Hi, could you give us please the article in Creditflux or Risk magazine where this societe generale article is mentionned.Thx

Hi thereI find : f(n,m) = sum (i=1 to n ) ( C(n+m-i-1 , n-i ) * xi ) + sum(j=1 to m ) ( C(n+m-1-j , n-1) * yj )where : xi = f(i,0) and yj = f(0,j)

In a table, there are N letters corresponding to N envelopes. A mailman is in charge of putting the letters in the envelopes. What is the probability that no letter will be in the right envelope ?

<t>1/13We have P(Yn divides 13) = 1/6 * ( P( Yn-1 +1 divides 13) + P(Yn-1 +2 divides 13) + .... + P(Yn-1 +6 divides 13) ) (the probability conditional to the first roll)Let Un(0)=P(Yn divides 13), Un(1)=P(Yn +1 divides 13), ..., P(Yn +k divides 13) for k=0...12Un(0) = 1/6 * (Un-1(1)+...+Un-1(6))And ...