iPhone app iPad app Android phone app Android tablet app

Janet Tavakoli
GET UPDATES FROM Janet Tavakoli
Janet Tavakoli is the president of Tavakoli Structured Finance, a Chicago-based firm that provides consulting to financial institutions and institutional investors. Ms. Tavakoli has more than 20 years of experience in senior investment banking positions, trading, structuring and marketing structured financial products. She is a former adjunct associate professor of derivatives at the University of Chicago's Graduate School of Business. Author of: Credit Derivatives & Synthetic Structures (1998, 2001), Collateralized Debt Obligations & Structured Finance (2003), Structured Finance & Collateralized Debt Obligations (John Wiley & Sons, September 2008). Tavakoli’s book on the causes of the global financial meltdown and how to fix it is: Dear Mr. Buffett: What an Investor Learns 1,269 Miles from Wall Street (Wiley, 2009). Her official web site is TavakoliStructuredFinance.com

Entries by Janet Tavakoli

What Did Pope Francis Mean by 'Gay Lobby?'

(14) Comments | Posted June 12, 2013 | 10:05 AM

Before Pope Benedict XVI resigned and before Pope Francis I became the first Jesuit pope in the history of the Catholic Church, I published a fiction thriller, Archangels: Rise of the Jesuits. The Jesuits reject the church's financial and sexual corruption, blackmail the pope with secret documents, and...

Read Post

Skip Davos, Go to Tel Aviv

(70) Comments | Posted June 5, 2013 | 2:43 PM

The Wall Street Journal's Matina Stevis has a breaking story about a "strictly confidential" internal IMF (International Monetary Fund) document that reveals how thoroughly the IMF deceived the public (and investors) when it said Greece's debt levels were "sustainable." The document will be released on Thursday.

I wasn't...

Read Post

Eric Schmidt and Jared Cohen Are the Google: Julian Assange Warns Resistance is Futile

(2) Comments | Posted June 4, 2013 | 1:36 PM

On May 16, Eric Schmidt and Jared Cohen addressed the Chicago Council on Global Affairs about the ideas and opinions in their new book: The New Digital Age: Reshaping the Future of People, Nations and Business.

I was sitting in the second row, and I was in...

Read Post

Growth Hackers Divided on Facebook and Google+

(3) Comments | Posted May 29, 2013 | 2:19 PM

I've been a critic of Facebook's performance since its IPO last year. Its recent earnings report didn't fail to disappoint compared to the hype.

Mobile represents around 30 percent of Facebook's revenues and grew by just under 43 percent year-over-year (from first quarter 2012 to first quarter 2013). That...

Read Post

Should God Be Indicted?

(2) Comments | Posted April 30, 2013 | 11:25 AM

My recently published thriller, Archangels: Rise of the Jesuits, is a tale of intrigue about Jesuits who blackmail the pope with secret documents, and force him to cede power to them to clean up financial and sexual corruption in the Catholic Church.

A couple of readers expressed...

Read Post

"I Regard the [Wall Street] Moral Environment as Pathological"

(7) Comments | Posted April 18, 2013 | 12:52 PM

I've posted many commentaries about widespread fraud in the financial system, ineffective regulation, moral hazard, and why, without reform, we are doomed to repeat this pattern. I'm not the only person who feels that way. This time let's hear from someone else who shares his views with eloquence.

The following...

Read Post

AT&T Is Committed to Your Happiness

(9) Comments | Posted April 15, 2013 | 11:11 PM

Randall L. Stephenson, Chairman and Chief Executive Officer of AT&T, has inspired me with his talent for cultivating great comedians. He must be very proud of his customer service. It's hilarious.

I've been an AT&T business customer for over 10 years, since starting up an independent consulting firm. You are...

Read Post

WSJ Money Magazine's Fiction Debut: Pools on Airplanes

(2) Comments | Posted March 20, 2013 | 7:10 AM

The Wall Street Journal has a new feature section called WSJ Money, and it just launched its debut issue. WSJ Money explains it wants to give readers the sense of "sitting by a crackling campfire."

As I read, "Wealth Over the Edge," an article about...

Read Post

Pope Francis I: Well-Timed Sex and Mafia Scandals

(42) Comments | Posted March 19, 2013 | 5:22 AM

In the months leading up to the election of the Catholic Church's new pope, I published my debut fiction thriller, Archangels: Rise of the Jesuits. Among other things, it's about the Jesuits having their fill of financial and sexual corruption in the Catholic Church, blackmailing the pope with...

Read Post

Warning! Wikipedia Will Make Your Financial IQ Drop (Update)

(75) Comments | Posted February 20, 2013 | 11:39 AM

If you want to know why relying on information supplied on the internet by anonymous strangers is a bad idea, look no further than Wikipedia's articles on finance. When I first put up my website in 2003, I included a (hard to find) page of a few reference...

Read Post

Pope Benedict XVI Resigns From a Church in Crisis

(13) Comments | Posted February 11, 2013 | 11:50 PM

The Vatican is the smallest independent city-state in the world, an oligarchy surrounded by Rome and ruled by the Pope. The authority of the Pope provides a law unto itself for the global Roman Catholic Church.

In recent decades, the lack of self-regulation and accountability among key members of...

Read Post

Something Funny and Fishy About Goodreads' Giveaways and Amazon

(10) Comments | Posted February 2, 2013 | 5:52 PM

I'm a reader, a consumer of books. I also write non-fiction and recently tried my first foray into fiction with a novel, Archangels: Rise of the Jesuits, a thriller about a Jesuit takeover of the Vatican's finances. To promote the novel, I put up a passive author's profile...

Read Post

How Leaders and Financiers Can Be "Really Safe"

(2) Comments | Posted January 23, 2013 | 10:59 AM

Winston Leonard Spencer Churchill, the man who straightened his spine and defied the Nazis with a rousing speech--before Britain's war machine was ready to take them on--was one of the great war-time leaders of the 20th Century.

His career had ups and downs, and one of the downs was...

Read Post

Facebook Advertisers Beware

(3) Comments | Posted January 16, 2013 | 9:11 AM

Yesterday, Facebook announced a new search engine internal to the ring-fenced world of Facebook. For example, you could search to see if your friends "like" a movie. Too bad users can't rely on the search results to be true, and advertisers can't rely on them, either.

Fabricated Likes Make...

Read Post

Herbalife, Bill Ackman and Dan Loeb: Gains and Losses

(3) Comments | Posted January 10, 2013 | 8:51 AM

I tend to like nice guys. Don't we all? One of my favorite investors is John Templeton. Years after his death, he's still acknowledged as an exemplary person and great investor. But you don't have to be adorable to be a good investor. Dan Loeb, a sometimes off-color...

Read Post

Bill Ackman Is Right About Herbalife: It's Ripe for Investigation

(44) Comments | Posted December 23, 2012 | 10:05 AM

Bill Ackman, founder of hedge fund Pershing Square Capital Management, often claims his public analyses of companies in which his fund has investment positions are "for the good of the country." For example, he rightly criticized the management of (then AAA-rated and now junk-rated) MBIA for writing credit...

Read Post

Facebook's Fake Numbers: 'One Billion Users' May Be Less Than 500 Million

(52) Comments | Posted December 11, 2012 | 7:30 AM

Facebook's reported user numbers appear to me to be off by a country mile. Multiple user accounts seem to be chronic. Moreover, besides run-of-the-mill fakes and duplicates, Facebook's identity-theft-enabling business model is, in my opinion, a disgrace for any U.S. public company. Yet Facebook's prospectus and 10Qs for the periods...

Read Post

Facebook: SEC Should Investigate the Pump and Dump

(7) Comments | Posted November 30, 2012 | 8:41 AM

Facebook isn't the worst example of financial shenanigans that need investigation by the SEC, but I've chosen to give it attention recently because the general public can easily understand the mechanics of a stock pump and dump.

Facebook's underwriters currently face allegations that at its May 2012 initial...

Read Post

Facebook's Fraud Problem: Worse Than It Appears in Disclosures

(16) Comments | Posted November 26, 2012 | 5:33 AM

Before I get to the fast growing fraud -- defined as a user who is not what the user pretends to be, which may or may not have legal ramifications -- let me recap some things about Facebook. A tech blogger wrote me: "I didn't realize that FB's last quarter...

Read Post

Homosexuality in the Catholic Church

(12) Comments | Posted November 20, 2012 | 8:47 PM

Catholics are aware that some priests have affairs with adult women. Even Popes have had mistresses. The popular television series, The Borgias, is historical fiction about the intrigues and love affairs of Pope Alexander VI. Catholics are also painfully aware of cases of sexual exploitation of children by priests. Lawsuits...

Read Post