Finance Monsters: How Massive Unregulated Betting by a Small Group of Financiers Propelled the Mortgage Market Collapse Into a Global Financial Crisis

HOWARD B. HILL was one of Wall Street’s original ＂rocket scientists.＂ He worked at AG Becker Paribas, Prudential Securities, the Union Bank of Switzerland, Daiwa Securities, Deutsche Bank and MassMutual Financial. His innovative bond structures helped lower the cost of home financing on three continents, and the analytic techniques he pioneered have become essential for investors and risk managers in many of our largest financial institutions. Howard is credited with an unequaled number of industry ＂firsts＂ in the securitization market, including the Z-PAC, super PO, ACE and re-REMIC bond structures. His teams executed first-time securitizations that lowered financing costs for apartment buildings, equipment leases, mobile home parks, nursing homes and life insurance policyholder loans. After working at investment firms for 25 years, Howard now trades for his own account and writes the popular blog mindonmoney.wordpress.com. Howard’s publications include chapters in the Euromoney International Debt Capital Markets Handbook, 2006 edition and the Euromoney International Debt Capital Markets Handbook, 2007 edition; articles on REITs and hedging strategies for Financial Planning magazine; and general market commentary for the website NationalMemo.com. He lives in New Milford, Connecticut.