Fundamentals of Credit and Credit Analysis

Fundamentals of Credit and Credit Analysis
Author: Arnold Ziegel
Publisher: Createspace Independent Publishing Platform
Total Pages: 0
Release: 2015-01-14
Genre:
ISBN: 9781507727638

Arnold Ziegel formed Mountain Mentors Associates after his retirement from a corporate banking career of more than 30 years at Citibank. The lessons learned from his experience in dealing with entrepreneurs, multinational corporations, highly leveraged companies, financial institutions, and structured finance, led to the development and delivery of numerous senior level credit risk training programs for major global financial institutions from 2002 through the present. This book was conceived and written as a result of the development of these courses and his experience as a corporate banker. It illustrates the fundamental issues of credit and credit analysis in a manner that tries to take away its mystery. The overriding theme of this book is that when an investor extends credit of any type, the goal is "to get your money back", and with a return that is commensurate with the risk. The goal of credit analysis is not to make "yes or no" decisions about the extension of credit, but to identify the degree of risk associated with a particular obligor or a particular credit instrument. This is consistent with modern banking industry portfolio management and the rating systems of credit agencies. Once the "riskiness" of an obligor or credit instrument is established, it can be priced or structured to match the risk demands or investment criteria of the entity that is extending the credit. A simple quote from Mr. J. P. Morgan is used often in this text - "Lending is not based primarily on money or property. No sir, the first thing is character". This statement represents one of the conflicts in modern credit analysis - that of models for decision making versus traditional credit analysis. The 2008 financial crisis was rooted in the mortgage backed securities business. Sophisticated models were used by investors, banks, and rating agencies to judge the credit worthiness of billions (and maybe trillions) of dollars worth of residential mortgage loans that were packaged into securities and distributed to investors. The models indicated that these securities would have very low losses. Of course, huge losses were incurred. Mr. Morgan had a good point. In this case is was both property and character. The properties that were the collateral for many of the mortgages had much less value than was anticipated. The valuation of the collateral was na�ve and flawed. Many assumptions were made that the value of homes would rise without pause. Many mortgage loans were made that were at or even above the appraised value of a residence.But character was a huge, perhaps larger, factor behind these losses. Many of the residential mortgage loans were made to individuals who knew that they did not have the income to make the required payments on the mortgages. Many of the mortgage brokers and lenders who made these loans also knew that many of the borrowers were not properly qualified. And, many of the bankers who securitized these loans also may have doubted the credit quality of some of the underlying mortgages. If bankers and rating agencies understood the extent of the fraud and lax standards in the fundamental loans backing the mortgage securities, or were willing to acknowledge it, the fiasco would not have occurred.

Top Pay in the Public Sector

Top Pay in the Public Sector
Author: Great Britain. Parliament. House of Commons. Public Administration Select Committee
Publisher: The Stationery Office
Total Pages: 112
Release: 2009
Genre: Political Science
ISBN: 9780215542861

A report that calls for a Top Pay Commission to 'name and shame' public sector organizations that pay excessive salaries to their top officials.

Ask a Manager

Ask a Manager
Author: Alison Green
Publisher: Ballantine Books
Total Pages: 306
Release: 2018-05-01
Genre: Business & Economics
ISBN: 0399181822

From the creator of the popular website Ask a Manager and New York’s work-advice columnist comes a witty, practical guide to 200 difficult professional conversations—featuring all-new advice! There’s a reason Alison Green has been called “the Dear Abby of the work world.” Ten years as a workplace-advice columnist have taught her that people avoid awkward conversations in the office because they simply don’t know what to say. Thankfully, Green does—and in this incredibly helpful book, she tackles the tough discussions you may need to have during your career. You’ll learn what to say when • coworkers push their work on you—then take credit for it • you accidentally trash-talk someone in an email then hit “reply all” • you’re being micromanaged—or not being managed at all • you catch a colleague in a lie • your boss seems unhappy with your work • your cubemate’s loud speakerphone is making you homicidal • you got drunk at the holiday party Praise for Ask a Manager “A must-read for anyone who works . . . [Alison Green’s] advice boils down to the idea that you should be professional (even when others are not) and that communicating in a straightforward manner with candor and kindness will get you far, no matter where you work.”—Booklist (starred review) “The author’s friendly, warm, no-nonsense writing is a pleasure to read, and her advice can be widely applied to relationships in all areas of readers’ lives. Ideal for anyone new to the job market or new to management, or anyone hoping to improve their work experience.”—Library Journal (starred review) “I am a huge fan of Alison Green’s Ask a Manager column. This book is even better. It teaches us how to deal with many of the most vexing big and little problems in our workplaces—and to do so with grace, confidence, and a sense of humor.”—Robert Sutton, Stanford professor and author of The No Asshole Rule and The Asshole Survival Guide “Ask a Manager is the ultimate playbook for navigating the traditional workforce in a diplomatic but firm way.”—Erin Lowry, author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together

Bank Manager and the Holy Grail

Bank Manager and the Holy Grail
Author: Byron Rogers
Publisher: Quarto Publishing Group USA
Total Pages: 424
Release: 2005-07-15
Genre: History
ISBN: 1781310327

Byron Rogers’ Wales is not the stereotypical nation of rugby heroes, eisteddfods and coal mining. His travels take him to an altogether stranger and more magical country. He pieces together the story of Kaiser Wilhelm’ s sojourn in a Welsh spa town before the Great War, and tours the Welsh waxwork museum largely populated with effigies of Prince Philip discarded by Madame Tussaud’ s. He also tells the true story of how a project to ensure the survival of the Welsh language came to involve the translation of pornographic novels, how Kurt Cobain proposed to Courtney Love in a nightclub in Newport, and above all how the Holy Grail came to be in the safe keeping of the manager of Lloyd’ s Bank in Aberystwyth. Byron Rogers’ collections of travel pieces have become reliable sales and critical success, attracting acclaim from Miles Kington to Jeremy Paxman, and each volume reprinting several times. The Bank Manager and the Holy Grail – a Waterstone’ s ‘ Best of Welsh’ promotion choice in hardback in early 2005 – continues that tradition.

Management

Management
Author:
Publisher:
Total Pages: 646
Release: 1982
Genre: Civil service
ISBN:

Bank Management

Bank Management
Author: V.S.P. Rao
Publisher: Discovery Publishing House
Total Pages: 458
Release: 1999
Genre:
ISBN: 9788171415106

Contents: Tasks of a Professional Banker, Responsibilities of a Professional Manager, Theories of Management, Basic Concepts of Management, Fundamentals of Planning, Office Layout and Layout of A Branch, Organising Branch Operations, Organisation and Methods in A Branch, Manpower Planning in A Bank, Managing People at a Branch, Leadership and Management of Conflicts, Bank Marketing, Performance Evaluation and Performance Budgeting, Productivity, Efficiency and Profitability, Decision-Making, Management Information System in Banking Industry. Selected Reading-I: Coming Full Circle, Trade Unions, A Swfect of Strikes, Rebels with a Cause, Haste makes Waste at SBI, Women refuse to Bank on Maledominated Unions.

Neoliberalism, Personhood, and Postsocialism

Neoliberalism, Personhood, and Postsocialism
Author: Nicolette Makovicky
Publisher: Routledge
Total Pages: 224
Release: 2016-04-22
Genre: Social Science
ISBN: 1317088964

Despite a growing literature debating the consequences of neo-liberal political and economic policy in the former Eastern bloc, the idea of neo-liberal personhood has so far received limited attention from scholars of the region. Presenting a range of ethnographic studies, this book lays the groundwork for a new disciplinary agenda by critically examining novel technologies of self-government which have appeared in the wake of political and economic liberalization. Neoliberalism, Personhood, and Postsocialism explores the formation of subjectivities in newly marketized or marketizing societies across the former Eastern Bloc, documenting the rise of the neo-liberal discourse of the ’enterprising’ self in government policy, corporate management and education, as well as examining the shifts in forms of capital amongst marginal capitalists and entrepreneurs working in the grey zone between the formal and informal economies. A rich investigation of the tools of neo-liberal governance and the responses of entrepreneurs and families in changing societies, this book reveals the full complexity of the relationship between historically and socially embedded economic practices, and the increasing influence of libertarian political and economic thought on public policy, institutional reform, and civil society initiatives. As such, it will appeal to anthropologists, sociologists and geographers with interests in political discourse, identity, entrepreneurship and organizations in post-socialist societies.

How Why and the Infinite Power of i

How Why and the Infinite Power of i
Author: Paul Tranter
Publisher: Wealthness Publishing
Total Pages: 384
Release: 2024-09-17
Genre: Business & Economics
ISBN:

Through The Omniscience Principle and The Power of i… I broke free. I battled failure, depression and the enormous pressure to succeed for some twenty years … I won! The experience changed the way I think, the way I see the world, the way I interact with people, the way I work. It changed my attitude towards business and the way I live. It changed me completely. Whatever your personal opinions on the theories, paradigms, facts and dogma explored in this explosive publication, you absolutely, unequivocally will not escape the inescapable fact that … you’ll never think the same way again! You have discovered The Omniscience Principle and The Power of i. It will change the way you think, the way YOU see the world, the way you interact with people, the way you work. It WILL change YOUR life completely … it WILL set YOU free. —- Overview: How Why and the Infinite Power of i" is a comprehensive guide to achieving success and personal wealth, born from over 20 years of in-the-trenches experience in multiple businesses. This extensive work delves deep into the crucial balance between mindset and practical tools required for success. Key Features: 1. Mindset Management: Explores techniques to mentally navigate the numerous disappointments and failures inherent in the business world. 2. Wealthness Concept: Introduces the idea of 'Wealthness' - a holistic approach balancing mental well-being with financial success. 3. Business Analysis: Distinguishes between businesses that offer true freedom and those that merely create a badly-paid job. 4. Wealth Generation: Focuses on creating personal wealth with a purpose, emphasizing doing good with accumulated resources. 5. Personal Growth: Pitches the concept of an 'egosystem' against an 'ecosystem' to foster personal development. 6. Practical Blueprint: Offers a detailed, 775,000-word guide filled with strategies, insights, and tools for success. 7. Long-term Perspective: Draws on two decades of real-world business experience, providing a tested and proven approach. Who is it for: 1. Those wanting to break free: People feeling stuck or trapped in their current life circumstances and seeking a way out. 2. Those wanting to make a better life: Individuals looking to improve their overall quality of life and achieve greater success and fulfillment. 3. Those seeking fulfillment: People who feel something is missing in their lives and are searching for deeper meaning and purpose. 4. Entrepreneurs and unicorns: Ambitious individuals looking to achieve extraordinary success in business or other pursuits. 5. Those struggling with disappointment and depression: People dealing with mental health challenges, setbacks, or feelings of failure who want to overcome these obstacles. 6. Those wanting answers: Individuals searching for insights and solutions to life's big questions and challenges. 7. Anyone battling to succeed: People who have faced repeated failures or obstacles in pursuing their goals and are looking for strategies to finally break through. 8. Those interested in personal growth and transformation: Readers who are drawn to self-help and personal development content aimed at profound life changes. This book is designed for entrepreneurs, business professionals, and anyone seeking to understand the intricate balance between personal growth, business success, and meaningful wealth creation. It is a comprehensive resource for those looking to navigate the complex world of business while maintaining a focus on personal development and positive impact.