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Tuesday, September 16, 2014

Ellington Hires Credit Suisse Distressed Trader for Burst Bubble

... underwriting standards for corporate credit have deteriorated, according to Michael Vranos, who founded the Old Greenwich, Connecticut-based firm in 1994 to invest in mortgage bonds. Heron, 42, started at Ellington as head of distressed credit after ...

http://washpost.bloomberg.com/Story?docId=1376-NBYBK26S972J01-1K1N6IKHA29JMCA87MU5SHGOJ0

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