Has anyone come across methods or models which simulate the evolution of credit default swap term structures in the real (i.e. physical) measure?

Has anyone come across methods or models which simulate the evolution of credit default swap term structures in the real (i.e. physical) measure?

<t>What are the typical comparisons between base pay and bonus between the Asset Management arm (say of an established investment bank) and that of a Prop Desk/Hedge Fund, say for someone with about 3 years experience in derivatives structuring/trading; and how would they typically be expected to ev...

Depends. What kind of products will you be working on? Who runs the desk threre? I think I know a few people there.