Mark Aarons – författare

Develop the skillset essential to successful securitisation swaps managementSecuritisation Swaps is a complete practitioner’s guide to this unique and complex class of derivatives. This detailed examination follows the entire life cycle of securitisation swaps to give quants, structurers, traders, originators, issuers and lawyers a common reference for understanding their shared objective. Broad in scope to provide a common-ground perspective — yet detailed enough to promote full understanding — the discussion takes a distinctly cross-disciplinary approach that encompasses the multi-faceted knowledge base required to successfully execute these complex trades.Despite the fact that the size of the market is trillions of dollars in notional principal, securitisation swaps have thus far been neglected in both academic and practitioner literature. The numerous stakeholders that work together on these complex deals will all greatly benefit from a thorough understanding of their underlying risks and gain deep insight into the perspectives of each stakeholder. This invaluable guide provides multi-disciplinary insight that allows practitioners to: Manage securitisation swaps more effectively, from pre-trade structuring and modelling to post-trade risk management and accountingUnderstand the elements of securitisation and covered bonds, and how swaps mitigate risk in these types of transactionsExplore how securitisation swaps differ from other derivatives and delve into their three specific risk factors — swap prepayment risk, swap extension risk and downgrade riskLearn practical methods and strategies of risk management, accounting, pricing and transaction executionWhen securitisation trades go wrong, they become front-page news — but when each participant understands accurate modelling, risk mitigation, optimal structuring, costs, pricing, commercial backgrounds and other integral practices, they are able to work together to achieve a shared objective. Securitisation Swaps provides the essential knowledge that streamlines and safeguards these important trades.

Develop the skillset essential to successful securitisation swaps management

Securitisation Swaps is a complete practitioner’s guide to this unique and complex class of derivatives. This detailed examination follows the entire life cycle of securitisation swaps to give quants, structurers, traders, originators, issuers and lawyers a common reference for understanding their shared objective. Broad in scope to provide a common-ground perspective — yet detailed enough to promote full understanding — the discussion takes a distinctly cross-disciplinary approach that encompasses the multi-faceted knowledge base required to successfully execute these complex trades.

Despite the fact that the size of the market is trillions of dollars in notional principal, securitisation swaps have thus far been neglected in both academic and practitioner literature. The numerous stakeholders that work together on these complex deals will all greatly benefit from a thorough understanding of their underlying risks and gain deep insight into the perspectives of each stakeholder. This invaluable guide provides multi-disciplinary insight that allows practitioners to:

Manage securitisation swaps more effectively, from pre-trade structuring and modelling to post-trade risk management and accounting Understand the elements of securitisation and covered bonds, and how swaps mitigate risk in these types of transactions Explore how securitisation swaps differ from other derivatives and delve into their three specific risk factors — swap prepayment risk, swap extension risk and downgrade risk Learn practical methods and strategies of risk management, accounting, pricing and transaction execution

When securitisation trades go wrong, they become front-page news — but when each participant understands accurate modelling, risk mitigation, optimal structuring, costs, pricing, commercial backgrounds and other integral practices, they are able to work together to achieve a shared objective. Securitisation Swaps provides the essential knowledge that streamlines and safeguards these important trades.

Develop the skillset essential to successful securitisation swaps management

Securitisation Swaps is a complete practitioner’s guide to this unique and complex class of derivatives. This detailed examination follows the entire life cycle of securitisation swaps to give quants, structurers, traders, originators, issuers and lawyers a common reference for understanding their shared objective. Broad in scope to provide a common-ground perspective — yet detailed enough to promote full understanding — the discussion takes a distinctly cross-disciplinary approach that encompasses the multi-faceted knowledge base required to successfully execute these complex trades.

Despite the fact that the size of the market is trillions of dollars in notional principal, securitisation swaps have thus far been neglected in both academic and practitioner literature. The numerous stakeholders that work together on these complex deals will all greatly benefit from a thorough understanding of their underlying risks and gain deep insight into the perspectives of each stakeholder. This invaluable guide provides multi-disciplinary insight that allows practitioners to:

Manage securitisation swaps more effectively, from pre-trade structuring and modelling to post-trade risk management and accounting Understand the elements of securitisation and covered bonds, and how swaps mitigate risk in these types of transactions Explore how securitisation swaps differ from other derivatives and delve into their three specific risk factors — swap prepayment risk, swap extension risk and downgrade risk Learn practical methods and strategies of risk management, accounting, pricing and transaction execution

When securitisation trades go wrong, they become front-page news — but when each participant understands accurate modelling, risk mitigation, optimal structuring, costs, pricing, commercial backgrounds and other integral practices, they are able to work together to achieve a shared objective. Securitisation Swaps provides the essential knowledge that streamlines and safeguards these important trades.

For more than seventy years, Australia has been a safe haven for war criminals. After World War II, hundreds of Nazi war criminals illegally entered this country. Governments, both Labor and Liberal, decided to turn a blind eye. Some known killers were even recruited by Australian intelligence in the Cold War battle against communism. Others became active in Australian party politics.Half a century later, nothing has changed. Australia continues to be a sanctuary for war criminals - including members of the Khmer Rouge, the Afghan and Chilean secret police, and Serbs and Croats who committed war crimes and crimes against humanity in the 1990s Balkans wars. Why is this still happening? Why did the federal government close the Special Investigations Unit set up to investigate war criminals? In War Criminals Welcome, Mark Aarons reveals a history that successive Australian governments would prefer forgotten, and puts the case for offical action.

The incredible story of the special investigations unit that tracked down the Nazis who called Australia home after World War II.

In 1986 journalist Mark Aarons presented a Radio National series, which established that a significant number of Nazi collaborators and war criminals – particularly from Ukraine, Latvia, Lithuania and Yugoslavia – had settled in Australia after World War II.

Aarons' explosive reporting led to the formation in 1987 of the Special Investigations Unit, which investigated over 800 suspected war criminals living in Australia. This book gathers the recollections of historians, archaeologists, police investigators, SIU leaders, translators and lawyers to create a detailed insiders' account of the unit's efforts to prosecute Australian residents and citizens believed to have participated in horrific war crimes.

The SIU left an important legacy. As well as pursuing justice for victims of the Holocaust, it demonstrated that historical investigation of war crimes was possible, even decades later. In the words of former SIU director Graham Blewitt, 'Australia should be proud that, for a brief period in our legal history, we stood up and did the right thing. There was a time when Nazi collaborators living in Australia were wondering when the SIU knock on the door would come.'

In early 1965 at age thirteen, Mark Aarons came under the “adverse notice” of ASIO, which opened volume one of his nine-volume security file. Mark was following in the footsteps of his father, Laurie Aarons, whose 85-volume file commenced in the early 1930s when he was fourteen.For four generations the Aarons family were “subversive revolutionaries”, avowed communists who challenged the established constitutional order.Having obtained access to his family’s ASIO files – the largest collection in the nation’s history – Mark Aarons combines their meticulous chronicles with his family’s own accounts to tell a political tale of revolution and dissent, idealism and intrigue. It is also an intimate story of life under surveillance, a reflection on communism and its legacy, and on what it was to be a radical in Australia in eventful times.‘The Family File is a fascinating tale of love and passion, courage and perfidy, ambition and progressive politics, told against a background of world and national events. There are lots of surprises, including the discovery of an unexpected supporter amongst Australian spy-catchers and a near-death confession of human love with the admission that much of the struggle involved the ‘self-delusion of revolutionary heroism’. For every page that discloses the autocratic rule of Moscow and the despotism of its minions, there are many more stories of progressive politics in Australia: workers’ rights, anti-apartheid, indigenous entitlements, feminism, opposition to the Vietnam War, green bans, East Timor independence, and Australian nationalism.’ —The Hon. Michael Kirby, Past Justice of the High Court of Australia‘A great story’ —Australian Book Review‘Compelling.’ —Herald Sun‘A wonderful book, a dextrous and enormously readable blend of memoir and politics … a valuable and important contribution to Australian history.’ —the Weekend AustralianMark Aarons is the author of several books, including War Criminals Welcome and The Family File. He worked as an ABC broadcaster and investigative documentary producer from 1973 until 1990 and has written many feature articles for Australia’s leading newspapers.