Publisher's Synopsis
Praise for Managing Lease Portfolios
"This is a tour de force of modern financial theory applied to the lease product. Logical and well written, it is a perfect blend of theory and application. The comprehensive examples, charts, equations, and references add tremendous insight into the unique issues associated with leasing. I know of no other text that integrates these concepts so successfully."
James J. Jordan, CFA, SVP–Investments, Verizon Capital Corporation.
"Townsend Walker is widely recognized as one of the equipment leasing industry′s foremost experts in advanced portfolio analytics and theory. Dr. Walker′s work has helped leading equipment lessors more effectively analyze inherent risk and manage complex equipment portfolios."
Rick Remiker, Managing Director, Merrill Lynch Capital Equipment Finance
"It is full of ideas and suggestions that should be interesting and valuable for people who are new to the field or are old hands. His explanation of the potential of lease portfolio risk management sets a high standard for the profession."
John F. Rosenthal, Director of Risk Management, Boeing Capital Corporation
"Drawing upon elements of academia, a variety of financial disciplines, and his own extensive experience, Dr. Walker has created a work that is timely for the equipment leasing industry. For today′s lessor, the ability to understand, quantify, and manipulate transaction risk and return is crucially important. To that end, Managing Lease Portfolios is a comprehensive guide and reference work that will be helpful for any lessor looking to gain a competitive edge in the rapidly changing equipment leasing industry."
Stephen R. Harwood, President, Cypress Financial Corporation
"Whether analytical, theoretical, or practical, this book provides a comprehensive framework within which to understand risks in lease portfolios. This is a book people should read."
Susan Noack, Vice President and Chief Risk Officer, GATX
