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  • 34.) Johnny Cameron

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    Failure of Royal Bank of Scotland (RBS) Risk Management
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    Johnny Cameron (GBM head) falsely claims no 2007 awareness of ABS CDO writedown need, no control failing, and no involvement to overvalue ABS CDOs, in 2009 FSA investigation testimony. See October 29 2007 e-mail where Johnny Cameron, Riccardo Rebonato, and Bruce Jin discuss that ABS CDO were about to default and that RBS marked them above fair market value.

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    Johnny Cameron (GBM head) falsely claims no 2007 awareness of ABS CDO writedown need, no control failing, and no involvement to overvalue ABS CDOs, in 2009 FSA investigation testimony. See October 29 2007 e-mail where Johnny Cameron, Riccardo Rebonato, and Bruce Jin discuss that ABS CDO were about to default and that RBS marked them above fair market value.

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    64 Ansichten1 Seite

    34.) Johnny Cameron

    Hochgeladen von

    Failure of Royal Bank of Scotland (RBS) Risk Management
    Johnny Cameron (GBM head) falsely claims no 2007 awareness of ABS CDO writedown need, no control failing, and no involvement to overvalue ABS CDOs, in 2009 FSA investigation testimony. See October 29 2007 e-mail where Johnny Cameron, Riccardo Rebonato, and Bruce Jin discuss that ABS CDO were about to default and that RBS marked them above fair market value.

    Copyright:

    Public Domain
    Markieren Sie unangemessene Inhalte
    von 1

    Johnny Cameron (GBM Head) False Testimony, in UK Regulatory Inquiry:

    https://drive.google.com/open?id=0BzKpYGA_5moJUFpQUXY5MlFSMms

    Johnny Cameron (GBM Head) falsely claims no 2007 awareness of ABS CDO
    writedown need, no control failing, and no involvement to overvalue ABS
    CDOs, in 2009 FSA investigation testimony. However, see October 29 2007
    e-mail where Johnny Cameron, Riccardo Rebonato, and Bruce Jin discuss
    that ABS CDOs were about to default and that RBS marked them above fair
    market value, knowingly using the flawed LSD credit model.
    https://drive.google.com/open?id=0BzKpYGA_5moJb1FPcFphTUNwWVE

    By October, 2007, many banks were publicly writing down their ABS CDOs.

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