Author Archives: Amir

About Amir

I hate doctors!

Legal Issues 101: Collective Action Clauses

Posting some old stuff this week. —— In sovereign loan agreements there are several critical legal clauses that can impact how debt is treated in the case of a debt restructuring.  Some of these terms do not receive much attention … Continue reading

Posted in Uncategorized

Legal Issues 101: Pari Passu Clauses

In sovereign loan agreements there are several critical legal clauses that can impact how debt is treated in the case of a debt restructuring.  Some of these terms do not receive much attention in the drafting process, but may have … Continue reading

Posted in Uncategorized

Greek Debt Negotiations – Opa!

I’ve been following the Greek Debt Negotiations and it’s been a really fascinating story. It’s amazing how much the derivatives market has complicated the process. Normally when a country defaults, a debt exchange often takes place. That is the original … Continue reading

Posted in credit default swaps | Tagged , , , ,

Paris Time Lapse Photography

I saw this earlier today and thought it was an excellent video. It was done entirely using still photographs and it has music from The XX. Le Flâneur (music by The XX) from Luke Shepard on Vimeo.

Posted in Photography | Tagged ,

Treasure Island

I’m going to use this blog as a proxy for my random musings and thoughts.  I’m calling it Tired of Doctors because, quite frankly, I’m tired of doctors, I mean really, who enjoys going to the doctor? I’m currently reading … Continue reading

Posted in Books, Money Laundering, Stolen Asset Recovery

Derivatives Don’t Cause Massive Losses. Only People Cause Massive Losses.

Such was the thrust of testimony before a Senate committee this week by Robert Pickel, head of the International Swaps and Derivatives Association (ISDA), and Richard Lindsey, former president of Bear Stearns’ brokerage unit, regarding the role of credit default … Continue reading

Posted in Finance, Overhedged | Tagged , , | 1 Comment

Perils of Paulson

Henry Paulson and Ben Bernanke may be escaping from the precipice of one horrific calamity, only to be breathing a sigh of relief just as an even worse catastrophe looms. The plan to buy distressed mortgage related assets and derivative … Continue reading

Posted in Commentary, credit default swaps