9 Insecuritization Large portfolios are commonly rated for risk as if aggregate losses are bound to fall within a few standard deviations of the perceived mean. This can be wildly inappropriate, especially for senior deb - Mean dependence - Document - PDFSEARCH.IO

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	9 Insecuritization Large portfolios are commonly rated for risk as if aggregate losses are bound to fall within a few standard deviations of the perceived mean. This can be wildly inappropriate, especially for senior deb Add to Reading List Document Date: 2015-04-20 13:05:53 Open Document File Size: 3,45 MB Share Result on Facebook Company Credit Suisse First Boston / Bloomberg / / Country China / / IndustryTerm finance / normal bank / hire finance / bank regulation / tied bank capital / / Person Yang Hui / / Position CorBin model at all / physicist / journalist / representative / / SocialTag Financial risk Actuarial science Statistical dependence Covariance and correlation Collateralized debt obligation Standard deviation Risk Correlation and dependence Credit rating agency Statistics

9 Insecuritization Large portfolios are commonly rated for risk as if aggregate losses are bound to fall within a few standard deviations of the perceived mean. This can be wildly inappropriate, especially for senior debAdd to Reading List