Orange County Bankruptcy Derivatives

Orange Co. Bankruptcy Puts Derivatives On National Agenda
Orange Co. bankruptcy puts derivatives on national agenda by Nancy Spannaus It may be the equivalent of closing the barn door after the horse has escaped, but the national regulatory agencies and In the wake of Orange County's bankruptcy, ... Read Here

Orange County, California Bankruptcy Of The Mid-1990s - YouTube
Orange County, California had a municipal investment pool which seemingly could pay high returns relative to other such pools. However, high yield is a sign of risk and the high yields in the O.C. case resulted from speculation, in part using derivatives. When county treasurer Bob ... View Video

Fixed-income Relative-value Investing - Wikipedia
Fixed-Income Relative-Value Investing The leveraged nature of Orange County's positions and its imminent bankruptcy forced them to continue to dump risk at a time when the financial markets were unwilling to receive it. ... Read Article

List Of Banks Acquired Or Bankrupted In The United States ...
Filed for bankruptcy. Banks bankrupt, filed for Security Bank of Gwinnett County, Suwanee, Georgia: State Bank and Trust Company, Pinehurst, Georgia: Commercial bank East Orange, New Jersey: closed and liquidated by NCUA: credit union ... Read Article

When Government Fails: The Orange County Bankruptcy
In When Government Fails: The Orange County Bankruptcy, Mark Baldassare presents compelling His strategy was to use the funds on deposit to borrow money to invest in derivatives, inverse floaters, and long term bonds that paid high yields. He then borrowed more money, with the ... Fetch Full Source

The Orange County Bankruptcy And Its Aftermath: Some New Evidence
54 Risk Management and Derivatives Association for Investment Management and Research The Orange County Bankruptcy and Its Aftermath: Some New Evidence ... Get Document

1994 Orange County Bankruptcy Issues
Orange County Bankruptcy December 6, 1994 Investment Driven Failure Losses at $1.6B Broad gamble on declining interest rates. Rates continued to rise. ... Document Viewer

The Role Of Derivatives In The - Michael Greenberger
Derivatives in the Crisis and Financial Reform Michael Greenberger derivatives counterparties within the general OTC market as a whole bankruptcy of Orange County, the largest municipal default in the Nation‘s history. ... Fetch Full Source

Big Bets Gone Bad Derivatives And Bankruptcy In Orange County ...
Browse and Read Big Bets Gone Bad Derivatives And Bankruptcy In Orange County The Largest Municipal Failure In U S Big Bets Gone Bad Derivatives And Bankruptcy In ... Fetch Full Source

Case 4 Orange County’s Yield Curve Plays - Home - SLU
Orange County’s Yield Curve Plays Course: FIN B 365 Dr. Bidisha Business Snapshot: 4.2 (pp. 86) Interest Rate Speculation: Case of Orange County Bankruptcy Orange County managed, through its Treasurer, an investment pool including derivatives and arbitraged interest rate spreads by the ... Access Doc

Big Bets Gone Bad Derivatives And Bankruptcy In Orange County ...
Download and Read Big Bets Gone Bad Derivatives And Bankruptcy In Orange County The Largest Municipal Failure In U S Big Bets Gone Bad Derivatives And Bankruptcy In ... Access Document

A Look At The History Of Municipal Bankruptcy
A Look at the History of Municipal Bankruptcy 3 In 1995, Orange County, CA became the largest municipality, and the first county, to declare bankruptcy under ... Return Document

Thomas W. Hayes - Wikipedia
Thomas W. Hayes was the 28th California State Treasurer. most notably assisting Orange County with its finances after its notorious 1994 bankruptcy triggered by derivatives investments gone awry. ... Read Article

Alternative Responses To The Orange County Bankruptcy: An ...
Alternative Responses to the Orange County Bankruptcy: An Inquiry into the Images Underlying Theory Susan Hardie MacDonald (ABSTRACT) The bankruptcy of the government of Orange County, concomitant risks involved in derivatives purchasing, portfolio leveraging, ... Access Doc

Big Bets Gone Bad Derivatives And Bankruptcy In Orange County ...
Browse and Read Big Bets Gone Bad Derivatives And Bankruptcy In Orange County The Largest Municipal Failure In Us History Big Bets Gone Bad Derivatives And Bankruptcy In ... Get Doc

Philippe Jorion - UCI Paul Merage School Of Business
Philippe Jorion University of California at Irvine P., Big Bets Gone Bad: Derivatives and Bankruptcy in Orange County,Academic Press: San Diego (1995). Translated into Chinese and “Lessons from the Orange County Bankruptcy,” Journal of Derivatives 4(Summer ... View Doc

CASE4 Orange County - Uni Trier
Orange County http://www.erisk.com/Learning/CaseStudies/OrangeCounty a prosperous district in California, declared bankruptcy after suffering losses of around $1.6 billion from a wrong-way bet on interest rates in one of its principal investment or derivatives, to increase his bet on the ... Get Content Here

Orange Co. Files Bankruptcy In Derivatives-Led Collapse
Orange Co. files bankruptcy in derivatives-led coll pse by Anthony K. Wikrent Orange County, California, with 2.6 million people the fifth Up until the day it declared bankruptcy, Orange County, just south of Los Angeles, ... Retrieve Document

Orange County Fiasco Demonstrates The OHIO Perils The Use Of ...
Frankenstein Roams God’s County: Orange County Fiasco Demonstrates the Perils the Use of Derivatives Can Pose to Public Funds .. 1 An Introduction to Mortgage-Backed once Orange County’s bankruptcy became pub-lic, investors holding municipal ... Fetch Here

Big Bets Gone Bad Derivatives And Bankruptcy In Orange County ...
Browse and Read Big Bets Gone Bad Derivatives And Bankruptcy In Orange County The Largest Municipal Failure In U S History Big Bets Gone Bad Derivatives And Bankruptcy In ... Read Content