[下载]The Securitization Markets Handbook
The Securitization Markets Handbook
by Charles Austin Stone
Book Title: The Securitization Markets Handbook:
Book Author(s): Stone, Charles Austin, and Zissu, Anne
Publisher: Bloomberg Press
Publication Year: 2005
Pages: 331
Product Description
Securitization is a corporate funding technique that is widely adopted by financial and industrial companies throughout the world, used to finance both working capital and capital budgets. Importantly, it is also used as a risk management tool and a source of liquidity. Securitization has been adapted to fund corporate acquisitions, capitalize future streams of revenue, and to liquidate pools of nonperforming loans. In this book securitization experts Charles Stone and Anne Zissu provide a practical explanation of how securitization works and explain how future cash flows from various asset classes--from credit card receipts and mortgage payments to movie royalties--can be packaged into bond-like products and sold to investors. The discussion includes descriptions of all major classes of asset-backed securities and offers a practice-oriented commentary on trends in securitization and the value of asset- and mortgage-backed securities across industries and throughout the global markets.
About the Author
Charles A. Stone and Anne Zissu are the founding editors of The Financier and The Securitization Conduit, two quarterly publications providing commentary in corporate finance, risk management, securitization, and related topics. Stone and Zissu have edited several books in finance and have had their research published in leading academic journals.
[此贴子已经被作者于2008-10-24 23:56:32编辑过]