Tavakoli Structured Finance (TSF) founded in 2003, is the leading independent risk consulting and expert witness services firm for derivatives.

A Collateralized Debt Obligation (CDO) is backed by portfolios of assets that may include a combination of bonds, loans, securitized receivables, asset-backed ...

A credit default swap or option is simply an exchange of a fee in exchange for a payment if a credit default event occurs.

Prescient structured finance warnings and exposes by Janet Tavakoli published in professional finance journals, mainstream media, and by TSF.

The guide to uses and abuses of special purpose entities. Tax, accounting, and risk gimmicks explained with a warning to regulators and investors.

Janet Tavakoli's commentaries where she shares her views on the global capital markets, structured finance, global systemic risk, and the global economy.

Janet Tavakoli's groundbreaking structured finance books: credit derivatives, collateralized debt obligations, global systemic risk, and more.

A TRS, a total rate of return swap, allows an investor to enjoy all of the cash flow benefits of a security without actually owning the security.