Andrew Feldstein - BlueMountain Capital Management
Andrew Feldstein is a principal at BlueMountain Capital Management. He was a managing director and co-head of North American structured products and derivatives marketing at JPMorgan until early 2003, when he left to set up BlueMountain’s credit trading business, as part of a hedge fund group he co-runs with other JPMorgan veterans. He is based in New York.
David Carlson - Bear Stearns
David Carlson is a senior managing director and global head of credit derivatives structuring and marketing at Bear Stearns. Before joining Bear Stearns in 2004 he was global head of credit derivatives trading at CSFB. He is based in New York.
Lisa Watkinson - Lehman Brothers
Lisa Watkinson is a managing director at Lehman Brothers. She joined Lehman in 2005 from a previous position as global product manager or credit default swaps and credit indexation at Morgan Stanley. She is based in New York.
Richard Hrvatin - Fitch Ratings
Richard Hrvatin is a managing director at Fitch Ratings, responsible for coverage of US CDOs. He has been involved in the development of the VECTOR model that is the centrepiece of Fitch’s CDO rating methodology, as well as its related ‘Nth-to-default’ model. He is based in New York.
Derek Smith - Deutsche Bank
Derek Smith is a managing director at Deutsche Bank. He moved to Deutsche Bank in 2005 from a previous position as head of investment-grade credit default swap trading at Goldman Sachs. He is based in New York.
Jon Macaskill - Associate editor, IFR - Chair