Minggu, 18 Mei 2014

[S470.Ebook] Fee Download The Meaning of Mary Magdalene: Discovering the Woman at the Heart of Christianity, by Cynthia Bourgeault

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The Meaning of Mary Magdalene: Discovering the Woman at the Heart of Christianity, by Cynthia Bourgeault

The Meaning of Mary Magdalene: Discovering the Woman at the Heart of Christianity, by Cynthia Bourgeault



The Meaning of Mary Magdalene: Discovering the Woman at the Heart of Christianity, by Cynthia Bourgeault

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The Meaning of Mary Magdalene: Discovering the Woman at the Heart of Christianity, by Cynthia Bourgeault

Mary Magdalene is one of the most influential symbols in the history of Christianity—yet, if you look in the Bible, you’ll find only a handful of verses that speak of her. How did she become such a compelling saint in the face of such paltry evidence? In her effort to answer that question, Cynthia Bourgeault examines the Bible, church tradition, art, legend, and newly discovered texts to see what’s there. She then applies her own reasoning and intuition, informed by the wisdom of the ages-old Christian contemplative tradition. What emerges is a radical view of Mary Magdalene as Jesus’s most important disciple, the one he considered to understand his teaching best. That teaching was characterized by a nondualistic approach to the world and by a deep understanding of the value of the feminine. Cynthia shows how an understanding of Mary Magdalene can revitalize contemporary Christianity, how Christians and others can, through her, find their way to Jesus’s original teachings and apply them to their modern lives.

  • Sales Rank: #151291 in eBooks
  • Published on: 2011-07-22
  • Released on: 2011-07-22
  • Format: Kindle eBook

Review
“A spiritual masterpiece, and by far the wisest and most profound book ever written on Mary Magdalene.”—Andrew Harvey, author of Son of Man and Hope: A Guide to Sacred Action

“A remarkable invitation into the origins and wisdom of Christianity, through the apostolic witness of Mary Magdalene. Expect a challenge, perhaps more than you ’re ready for. This book should change something, as it invites you to deepen your capacity for love, through the witness of Jesus ’s beloved disciple.”—The Most Rev. Dr. Katharine Jefferts Schiori, Presiding Bishop of the Episcopal Church

“It takes courage, intelligence, maturity, but mostly Christian intuitive wisdom to write a book such as this. Cynthia Bourgeault succeeds grandly!”—Richard Rohr, OFM, author of The Naked Now: Learning to See as the Mystics See

“Pastor, scholar, mystic . . . Cynthia Bourgeault is all of these, but never before has she combined them so compellingly and persuasively, and—dare one say it?—so efficaciously as here in this work that lives so close to the center of her own being.”—Phillis Tickle, author of The Great Emergence: How Christianity Is Changing and Why

“Bourgeault masterfully takes the best of tradition, history, and recent scholarship, sums it up with clarity, and then respectfully and artfully flings open new doors of insight, wisdom, and possibility.� She offers completely unique and stirring insights about Mary Magdalene.”—Presence: An International Journal of Spiritual Direction

“This is not simply another book on Mary Magdalene along the lines of Dan Brown or the Holy Blood/Holy Grail authors. Yes, Cynthia Bourgeault, an Episcopal priest, is making an argument about the relationship between Magdalene and Jesus, an argument that is certainly controversial, and in lesser hands has been badly distorted. However, Bourgeault does it in a way that is grounded both spiritually and academically.”—Parabola

About the Author
Cynthia Bourgeault, PhD, is an Episcopal priest, teacher, and retreat and conference leader. She is the author of several books, including Chanting the Psalms and Centering Prayer and Inner Awakening.

Most helpful customer reviews

66 of 68 people found the following review helpful.
The Meaning of Mary Magdalene
By Sherry M. Peyton
First let me start out by saying, that this was not quite what I expected. I assumed it would be a scholarly biography of one of Christianity's most enigmatic women. It certainly is that. But I expected it to be along the lines of a general work using the accepted tools of hermeneutics in examining the texts of the Gospel accounts of the New Testament.

That it was not quite, though it certainly examined all the pertinent texts thoroughly. However, much of Cynthia Bourgeault's work delves into the so-called "Gnostic Gospels" of Mary, Thomas, Peter and Philip. These were more or less known to the powers that decided the canon, but were omitted largely because they spoke of a more transcendent and ephemeral Jesus and his teachings. They were "gnostic" and heretical, having lost the battle to the growing "orthodoxy" of the Roman Church.

Rev. Bourgeault crafts with great care and precision her hypothesis that Jesus and Mary were "soul mates," certainly lovers, although she doesn't claim they were physical lovers, although she finds no reason why they may not have been.

She finds in Jesus a Nazarite, much like John the Baptist, but one who gave up the ascetic life, the life of denial, to move to the path of "singleness" where kenotic love became the center of his being. This self-giving or self-emptying attitude was one that he taught Mary and it is what allowed them to transcend his death on the cross. Their unitive love, whether physical or celibate, enabled them to reach the fullness of being human. It is this towards what his teachings point.

It is this message that Jesus sought to teach his disciples. It is what Mary learned, making her the foremost of all the disciples.

It is Bourgeault's contention that the Gospel of John in the canon is perhaps the most clear about understanding Jesus truest teaching. She argues that the Mary of Bethany is in fact Mary Magdalene, or at least created to expouse upon some of her qualities. She would claim that many of the Marys in the Gospel accounts, or I should say many of the women (the woman at the well for instance) are also created composites of Magdalene qualities.

The reason why the Magdalene is so "hidden" in this way is simply because it became increasingly impossible for a patriarchial and male dominated church to accept that a woman had been the closed companion of Christ. It was unseemly to a church that slowly but surely hide sex behind a heavy door, and made chastity the only possible "pure" expression of "the Way."

If you have ever read the gnostics, as I have, you undoubtedly were quite puzzled. They read more like Eastern mystical works. We are unfamiliar with the words and their meanings.

Cynthia Bourgeault, with patience and deep care, unravels the intracacies of these passages, explaining their meaning, joining them to the Semitic eastern mysticism of the time of Jesus. She has devoted more than forty years to Mary, and has traveled to parts of France where there is a very old tradition of the Magdalene's later years there and the mystical veils that surround her.

It will, no doubt be hard for a first time reader, to digest all this "new thinking" about this mysterious woman that we know so little about, yet are still so utterly fascinated with. Bourgeault is both Episcopal priest and part-time hermit. She has studied with many who have lived their lives in these traditions of mysticism. So, her claims are not to be dismissed easily, yet, they remain, reasonable conclusions based on often quite slim evidence.

Even if you are not prepared to "buy" all the conclusions, you will I promise you come away with a vision of both Mary and Jesus that are profoundly different than before. As never before, they become fully human to us, who so desperately need human models to emulate. Bourgeault brings the scriptures alive, and quite frankly, through her interpretation, once difficult or puzzling passages suddenly ring with clarity.

All the Gospels recall Mary as the first to receive the "good news" of the resurrection. Her voice, since stifled, was so powerful to the infant church that this truth could not be denied. Although each writer in some way minimized her importance, she could not be denied her place in the narratives. It is she, Bourgeault contends, who was the source of the "annointing" ministry that she may well have shared with Jesus, and which comes down to us today as a sacrament.

What I came away with, is a deeper appreciation of Mary Magdalene. I have for some time considered her to be an ignored apostle, but I believe now she was much more than that. She was the only one who truly "got it." As such, she does so much for us as women in the church. She restores us to our rightful place, as integral to the church. She gives us something that a virgin mother never can. She gives us a model of real humanness, fully expressed, fully embodied.

I can't wait to read more of Bourgeault's work. I believe she has much to teach me about my journey. After reading this book, I believe you will feel the same way.

66 of 70 people found the following review helpful.
Best Book Ever about Love
By Turner Bourne, MS, LPE, LPC, LMT, RMT
I haven't read a book that has influenced my understanding of love as much as this one since Scott Peck's "The Road Less Traveled" in about 1980. Bourgeault's approach is elegant in the way an advanced mathematical answer can be. She is extraordinarily qualified to say what she says, and I learned a great deal from this book. Conversational in tone, Bourgeault's newest book is deeply, deeply spiritual, as are her well considered conclusions. ALERT: My unconscious mind evacuated for about a week after I read it, and then it took me about another week to re-organize my new realizations. I recommend you buy it today, but give yourself some space to consider what you have read when you are finished. What a blessing it has been to me. My life is richer because of this book.

96 of 103 people found the following review helpful.
Cynthia and Mary: trustworthy guides
By William F. Edwards
I am a middle aged male from the Roman Catholic tradition and Cynthia Bourgeault is my spiritual guide. She does not know this as we have never met. I have read her book on Centering Prayer (8 times), The Wisdom Way of Knowing, Wisdom Jesus (5 times), Mystical Hope, Love is stronger than Death, and now Mary Magdalene. I mention these other works because this might be a reasonable order for approaching her work. She may occasionally be a little off the mark but I always have a deep sense that she is leading me in the right direction. I never get the sense that she has an agenda but that she is following her heart in union with God. I now feel an inner certainty that Mary Magdalene was the first to realize that Jesus continued to live after his death. Then she got Peter on board and the rest is history. I could not stop reading this book and I will soon be reading it again.

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Sabtu, 17 Mei 2014

[U863.Ebook] Free PDF Veganomicon: The Ultimate Vegan Cookbook, by Isa Chandra Moskowitz, Terry Hope Romero

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Veganomicon: The Ultimate Vegan Cookbook, by Isa Chandra Moskowitz, Terry Hope Romero

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Veganomicon: The Ultimate Vegan Cookbook, by Isa Chandra Moskowitz, Terry Hope Romero

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Veganomicon: The Ultimate Vegan Cookbook, by Isa Chandra Moskowitz, Terry Hope Romero

Who knew vegetables could taste so good? Moskowitz and Romero's newest delicious collection makes it easier than ever to live vegan. You'll find more than 250 recipes--plus menus and stunning color photos--for dishes that will please every palate. All the recipes in Veganomicon have been thoroughly kitchen-tested to ensure user-friendliness and amazing results. And by popular demand, the Veganomicon includes meals for all occasions and soy-free, gluten-free, and low-fat options, plus quick recipes that make dinner a snap. Recipes include:

• Autumn Latkes
• Samosa Stuffed Baked Potatoes
• Grilled Yuca Tortillas
• Baby Bok Choy with Crispy Shallots
• Chile-Cornmeal Crusted Tofu Po’ Boy
• Roasted Eggplant and Spinach Muffuletta
• Jicama-Watercress-Avocado Salad with Spicy Citrus Vinaigrette
• Acorn Squash, Pear and Adzuki Soup
• Tomato Rice Soup with Roasted Garlic and Navy Beans
• Asparagus and Lemongrass Risotto
• Almost All-American Seitan Pot Pie
• Hot Sauce-Glazed Tempeh
• Black Eyed Pea Collard Rolls
• Chocolate Hazelnut Biscotti
• Pumpkin Crumb Cake with Pecan Streusel

  • Sales Rank: #9037 in Books
  • Brand: imusti
  • Published on: 2007-11-02
  • Original language: English
  • Number of items: 1
  • Dimensions: 10.25" h x 1.25" w x 8.75" l, 2.26 pounds
  • Binding: Hardcover
  • 336 pages
Features
  • Marlowe & Company

From Publishers Weekly
Starred Review. While most vegan cookbooks are anemic, underfed volumes-some no-brainer pasta recipes, a few things to do with tofu, maybe some oddball desserts-this slam-bang effort from vegan chefs Moskowitz and Romero (Vegan with a Vengeance) is thorough and robust, making admirable use of every fruit and vegetable under the sun, without once asking readers to make do with fake meat products and egg replacements. Instead, the eccentric authors offer dozens of novel, delicious ways to get excited about eating meat-, dairy- and egg-free. Take Southwestern Corn Pudding, a winning casserole rich with coconut milk and an unexpected dash of maple syrup-a likely MVP at your next Thanksgiving (whether it's centered around turkey or tofu). Almost as addictive are Rustic White Beans and Mushrooms, which get their bite from fresh herbs, and Lentils and Rice with Caramelized Onions and Spiced Pita Crisps, a transcendent Middle Eastern comfort food. Vegan breakfasts get overdue attention: sitting in front of a hot stack of velvety Blueberry Corn Pancakes and hearty Blue Flannel Hash, who's going to miss the bacon? Best of all is the wide selection of terrific desserts: everything from Chewy Oatmeal Raisin Cookies to decadent Caramel-Apple-Spice Cupcakes boldy fill the space where most eggless, milkless and butterless cookbooks fear to tread.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Review
"These two very real and very sassy food-obsessed women have put together a cookbook that you wish your mom cooked from when you were growing up. The recipes are seriously delicious and, for the most part, uncomplicated."
―Buffalo Spree

About the Author
Isa Chandra Moskowitz is America's most popular vegan chef. She is the author of Vegan with a Vengeance, which won PETA's Proggy Award for Best Cookbook 2006. She and Terry Hope Romero are the authors of Vegan Cupcakes Take Over the World, winner of VegNews' Veggie Award for Best New Cookbook. Since 2003, Isa and Terry have hosted the public access/podcast vegan cooking show The Post Punk Kitchen. They live in New York. Isa Chandra Moskowitz is America's most popular vegan chef. She is the author of Vegan with a Vengeance, which won PETA's Proggy Award for Best Cookbook 2006. She and Terry Hope Romero are the authors of Vegan Cupcakes Take Over the World, winner of VegNews' Veggie Award for Best New Cookbook. Since 2003, Isa and Terry have hosted the public access/podcast vegan cooking show The Post Punk Kitchen. They live in New York.

Most helpful customer reviews

24 of 25 people found the following review helpful.
Great Recipes, Terrible Layout
By Kyleigh
I love Isa Chandra Moskowitz and Terry Hope Romero, I think they’re wonderfully creative and imaginative cooks. I own all of their books, and most of those books I use regularly, but I have to say Veganomicon is not one that I use often. Simply put I don’t love it, and it’s not because the recipes aren’t good - virtually all of the ones I’ve made so far have been stellar - my biggest complaint is the layout. I hate it, The pages of this book are busy to the point of overflowing with ingredients, instructions and tips. Don’t get me wrong I have no qualm with long ingredient lists, and I love the helpful tips but each page has at least 2 recipes on it. I hate the way the recipes are split over more then one page as this can make it difficult when actually trying to follow the recipe in the kitchen. It may seem silly, but this really is the sole reason that I rarely use the book. If it had a better layout I’d probably use it a lot more. Other negative points that some people may be interested in are there is a real lack of photos in the book - just a color photo insert in the center - and there is no nutritional information listed for the recipes. Also some of the recipes seem needlessly long or overly complicated with several time consuming steps.

Having said that there are a lot of positives about the book as well. For one it’s a tome, massive, and filled to the brim with tasty recipes for appetizers, soups, salads, dressings, sauces, proteins, one-pot meals, casseroles, grains, vegetable side dishes, and desserts. There’s also a large section in the front of the book that details basic cooking techniques, how to fill your vegan pantry, what utensils and cooking equipment is best and general tips on prepping and cooking various vegetables, grains etc... As I said early most recipes also include an additional hint about an ingredient, a cooking method, or what else can be done with the finished product. I got my copy of Veganomicon in 2010 when I was relatively new to veganism and I did find much of this information very helpful. Moskowitz and Romero also make cooking seem effortless, they have a really easy-going down to earth writing style that I appreciate, and I love their sense of humor. I also really appriciate their emphasis on whole foods rather then processed foods. They include a few recipes for making your own seitan, tofu mayo, and other vegan staples.

Unfortunately though many of the dishes sound delicious I haven’t cooked as many recipes from this book that I’d like. Of the ones I have tried here’s what I thought...

Spicy Tempeh Nori Rolls - Loved it!
Grilled Yuca Tortillas - Loved it!
Butternut Squash and Pumpkin Seed Rice Paper Rolls - Loved it
Samosa Stuffed Baked Potatoes - Loved it
Curried Carrot Dip - Loved it
Walnut Mushroom Pate - Loved it
Mediterranean-Style Cashew-Cucumber Dip - Loved it, this is seriously the best Tzatziki dip I’ve had vegan or otherwise. A definite Go-To recipe for me.
Asparagus Spinach Dip - Loved it
Chocolate Chip Brownie Waffles - Pretty good
Blueberry Corn Pancakes - Loved it
Autumn Root Salad with Warm Maple Fig Dressing - Pretty good
Creamy Asian Pear and Tempeh Salad with Wasabi Dressing - Hated it! Totally inedible.
Maple-Mustard Dressing - Loved it
Snobby Joes - Loved it
Chili Cornmeal Crusted Tofu Po’Boys - Loved it
Sauteed Spinach and Tomatoes - Loved it
Broccoli Polenta - Just okay.
Chili Cornmeal Crusted Tofu - Loved it
Marinated Asian Tofu - Loved it
Chickpea Cutlets - Just okay
Tomato Rice Soup with Roasted Garlic and Navy Beans - Pretty Good
Potato and Kale Enchiladas with Roasted Chili Sauce - Loved it
Eggplant-Potato Moussaka with Pine Nut Crema - Loved it
Tempeh Shepherdess Pie - Okay
Manzana Chili Verde - Loved it
Leek and Bean Cassoulet with Biscuits - Loved it
Pumpkin Saag - Just okay
Spicy Tempeh and Broccoli Rabe with Rotelle - Loved it
Pasta e Fagioli- Loved it
Pumpkin Baked Ziti with Caramelized onions and Sage Crumb Topping - Pretty good
Green Pea and Lemon Risotto with Roasted Red Peppers - Loved it
Skillet Cornbread - Loved it
Banana Wheat Germ Muffins - Loved it
Carrot Pineapple Sunshine Muffins - Loved it
Pistachio Rosewater Cookies - Loved it
Chocolate Chocolate Chip Walnut Cookies - Loved it
Peanut Ginger Sesame Cookies - Loved it
Fudgy Wudgy Blueberry Brownies - AMAZING!
Coconut Lemon Bundt Cake - Loved it

Overall the recipes have been really great, and if the book had a better layout I’d probably be more inclined to use it more frequently. As is this probably wouldn’t be the first book I’d recommend to a newbie vegan, but I think a lot of seasoned vegans would really enjoy this book, especially for it’s creativity - provided of course they don’t hate the layout as much as I do.

18 of 19 people found the following review helpful.
All turned out great! The muffins would also be awesome with chocolate ...
By eventplanner
I just received this cookbook and I have made three dishes so far - chickpea cutlets (I made nuggets versus cutlets), almond quinoa muffins with apricot and lemon bars. All turned out great! The muffins would also be awesome with chocolate chips. Looking forward to trying more things.

7 of 7 people found the following review helpful.
Must Buy!!
By Elexis
So I love post-punk and I love veganism so of course I picked this baby up! This book is a game-changer! The quality of the content inside is impeccable and it is such a nice easy read. Isa and Terry do a wonderful job at making these vegan recipes easy for anyone to make. Most of the ingredients are cheap and easy to find in most grocery stores. I really recommend this for new vegans! I just tried the Snoppy Joes and they tasted like a fancy traditional Sloppy Joe. And the cool thing is the main ingredient is lentils and barely making a dent into the lentil bag made 6-8 sandwhiches (way cheaper than ground beef).

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Kamis, 15 Mei 2014

[I715.Ebook] Fee Download Blue Skies SATB (Irving Berlin/arr. Roger Emerson)From HL

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Blue Skies SATB (Irving Berlin/arr. Roger Emerson)From HL

  • Sales Rank: #6808657 in Books
  • Binding: Sheet music

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Minggu, 04 Mei 2014

[W142.Ebook] Get Free Ebook Epidemiology: An Introduction 2nd Edition

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Epidemiology: An Introduction 2nd Edition

  • Sales Rank: #8460943 in Books
  • Published on: 1707
  • Binding: Paperback

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Jumat, 02 Mei 2014

[Q400.Ebook] Get Free Ebook Horse Genetics, by Ernest Bailey, Samantha A. Brooks

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Horse Genetics, by Ernest Bailey, Samantha A. Brooks

There are over 250 breeds of horses worldwide, with different abilities, temperaments and phenotypic traits that have developed and diversified for thousands of years since horses were first domesticated by humans.

This essential textbook describes the basic genetics of the horse including coat color, parentage, medical and population genetics, cytogenetics, performance, breeding systems and genetic conservation, and new advances such as micro-satellite testing. The authors have updated Dr. Ann T. Bowling's seminal work in light of the sequencing of the complete horse genome, and in addition to the basic genetic principles and their specific applications to the horse, new and revised topics include the development of genomics, gene expression, the relationship of the genome to physiological function, blood groups, transfusion medicine and haemolytic disease of newborn foals. It also includes a greater description of the diversity of breeds of horse in the world, and equid evolution.

It is an essential book for students of equine studies, animal breeding and veterinary science, as well horse breeders and owners.

  • Sales Rank: #661953 in Books
  • Published on: 2013-08-21
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.60" h x .50" w x 7.40" l, .0 pounds
  • Binding: Paperback
  • 272 pages

Review
From reviews of the first edition:
"...an excellent introduction into genetics as applied to Horses...also highly recommended for practical horse breeders. It's a must for all people interested in horses and in the genetics of horses." (Livestock Production Science)

"...highly recommended as a clear and readable review of horse genetics." (The Veterinary Record)

"If you have been waiting for a clear, concise and authoritative discussion of horse genetics, here it is...an important addition to any equine library." (Arabian Visions)

About the Author
Ernest Bailey is at the University of Kentucky.

Samantha A. Brooks is at Cornell University.

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1 of 1 people found the following review helpful.
excellent book. I like the technical genetics information discussing ...
By Darcy Hawes
excellent book. I like the technical genetics information discussing each gene mutation. There was enough to keep me interested yet not so much to confuse someone with minimal exposure to basic genetics. I hope that edition 3 is in the works to update us on recent findings.

2 of 2 people found the following review helpful.
Clear and detailed
By Amazon Customer
This book is clearly written and a comprehensive look at what is known about the inheritance of genes controlling horse color as well as some of the important genetic diseases of horses.

0 of 0 people found the following review helpful.
... Dr Samantha Brooks and Dr Earnest Bailey is an excellent source of information for students new to Equine Genetics
By Amazon Customer
The book Horse Genetcs Second Edition by Dr Samantha Brooks and Dr Earnest Bailey is an excellent source of information for students new to Equine Genetics. It is written in very technical terms, but in such a way unknowledgeable people can perceive the subject. It covers most equine breeds in the U S today and highlights the specific potential problems that iare common with each breed. History of equine genetics and DNA development is presented and discussion of fast-moving technology and how fast changes occur because of it are presented. The book is an excellent reference for horse breeders as it points out the good and bad points of each breed, as mentioned above. Dr Brooks and Dr Bailey have produced an excellent text books for students wanting a single place to find information about today's horses vis-a-vis horse color, parentage, equine diseases, etc. The book is very thorough and well written.

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Houseboy Publisher: Heinemann, by Ferdinand Oyono

  • Sales Rank: #723697 in Books
  • Published on: 1991
  • Binding: Paperback

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Kamis, 01 Mei 2014

[I880.Ebook] Download Ebook Modelling Single-name and Multi-name Credit Derivatives (The Wiley Finance Series), by Dominic O'Kane

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Modelling Single-name and Multi-name Credit Derivatives (The Wiley Finance Series), by Dominic O'Kane

Modelling Single-name and Multi-name Credit Derivatives presents an up-to-date, comprehensive, accessible and practical guide to the pricing and risk-management of credit derivatives. It is both a detailed introduction to credit derivative modelling and a reference for those who are already practitioners.

This book is up-to-date as it covers many of the important developments which have occurred in the credit derivatives market in the past 4-5 years. These include the arrival of the CDS portfolio indices and all of the products based on these indices. In terms of models, this book covers the challenge of modelling single-tranche CDOs in the presence of the correlation skew, as well as the pricing and risk of more recent products such as constant maturity CDS, portfolio swaptions, CDO squareds, credit CPPI and credit CPDOs.

  • Sales Rank: #959568 in eBooks
  • Published on: 2011-03-08
  • Released on: 2011-03-08
  • Format: Kindle eBook

From the Inside Flap
“This book provides a unique, in-depth and comprehensive analysis of the modelling issues faced by credit modellers in the credit derivatives market.”

—Frank J. Fabozzi, PhD, CFA, Professor in the Practice of Finance, Yale School of Management

Dominic O'Kane's many years of practical experience in credit derivative markets are evident everywhere in this well-rounded, lucid, and informative book. The author does an admirable job of covering both basic and advanced topics, throughout emphasizing substance over technicalities. The product coverage of the text is extensive, with virtually all practically relevant credit derivatives carefully described and analyzed. Both beginners and seasoned pros can learn from O’Kane’s insights and his book deserves a wide readership. Highly recommended.”

—Leif Andersen, Head of Quantitative Research, Banc of America Securities

From the Back Cover
Modelling Single-name and Multi-name Credit Derivatives presents an up-to-date, comprehensive, accessible and practical guide to the pricing and risk-management of credit derivatives. It is both a detailed introduction to credit derivative modelling and a reference for those who are already practitioners.

This book is up-to-date as it covers many of the important developments which have occurred in the credit derivatives market in the past 4-5 years. These include the arrival of the CDS portfolio indices and all of the products based on these indices. In terms of models, this book covers the challenge of modelling single-tranche CDOs in the presence of the correlation skew, as well as the pricing and risk of more recent products such as constant maturity CDS, portfolio swaptions, CDO squareds, credit CPPI and credit CPDOs.

Divided into two parts, part one of this book covers single-name credit derivatives. Reflecting its importance as the building block for most other credit derivatives, the mechanics of the credit default swap (CDS) are covered in considerable detail. A chapter is then devoted to the risk-management of CDS. The pricing and risk-management of forward starting CDS, the option on a CDS and constant maturity CDS are then covered.

Part two of the book covers multi-name products and begins with the CDS index. The mechanics and pricing of the CDS index are set out in detail. A chapter on the pricing of options on the CDS index follows. Much of part two of the book is then devoted to the pricing and risk-management of single tranche CDOs. After discussing the Gaussian copula model and the numerical challenge of building the portfolio loss distribution, several chapters are devoted to the subject of modelling the correlation skew. This includes a detailed discussion of base correlation, copula-based skew models and dynamic correlation modelling.

Practical and accessible, Modelling Single-name and Multi-name Credit Derivatives does not assume any previous knowledge of credit derivatives. Products are explained in detail as are the requirements of any pricing model. While the book is undoubtedly mathematical, the emphasis is on building intuition, especially regarding the risk sensitivities of the product. Issues such as model requirements, model calibration and stability are addressed. Attention is paid to the need for optimising the computationally efficiency of the implementation, and detailed algorithms are presented which are simple for the reader to convert into their preferred programming language.

About the Author
Dominic O'Kane is an affiliated Professor of Finance at the French business school EDHEC which is based in Nice, France. Until May 2006, Dominic O'Kane was a managing director and ran the European Fixed Income Quantitative Research group at Lehman Brothers, the US investment bank. Dominic spent seven of his nine years at Lehman Brothers working as a quant for the credit derivatives trading desk.

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5 of 5 people found the following review helpful.
Review of O'Kane's Modeling Credit Derivatives
By T. K. Hin
The author's(O'Kane) exposition of the subject matter is lucid and very well structured.
There is a good balance between theory and the practical aspects in the subject matter.
Usually, there is a divergence between theory and practice, but O'Kane addresses these divergences well i.e. MTM,risk management & hedging of CDS contracts (and its variations)
O'Kane successully simplifies the complex into the simple with clear, concise language in a structured, logical manner without bombarding the reader with complicated mathematical proof/ambiguous logical arguments i.e. why a one-factor latent variable model is insufficient to model the correlation structure of an n-name portfolio etc..
I believe the dilligent reader can eventually develop his/her own intuition and can understand the logic behind the structure of the equations

Before graduating to the current literature of credit derivatives, this book provides a very strong foundation to build upon.

Personally, I prefer O'Kane's pedagogical style/treatment of the subject matter (credit derivatives) over Hull/White's treatment in their classic "Options, Futures and Other Derivatives"
This book has given me a better, clearer and more structured understanding of credit derivatives in general.
Hopefully O'Kane can write a book along similar lines for the other asset classes ie interest rate/fx.

4 of 4 people found the following review helpful.
Fills a large gap in the market
By The Blue Man
Despite the huge size of the credit derivatives market, there is a dearth of books about Credit Default Swaps (CDS) and related products. Most of those that exist either are not very detailed or not very clearly written, or both.

O'Kane's book remedies this situation. The book starts with a helpful discussion of fixed income products in general and then proceeds to outline techniques for pricing CDS, CDS Swaptions and Credit Correlation products.

In my view, the author writes very clearly. Some of the most helpful features of the book are:
1. Derivation of key results in detail.
2. Frequent use of examples (although it would be possible to improve the discussion and presentation of some of the examples).
3. Inclusion of detailed product information (e.g. upfront CDS payments, CDS payments between coupon dates etc).
4. Provision of both accurate prices and useful approximations, with associated discussion of when each should be used.
5. Provision of algorithms used to calibrate market inputs (e.g. CDS curves), although some more detailed examples (possibly online rather than in the book itself) would have been helpful here.

I have also read several of the author's published articles with Lehman Brothers. The book is much better than these, in my view, as it is written more clearly and pedagogically (e.g. it does not skip intermediate results as much as the articles).

Someone with no prior experience with credit derivatives should be able to learn a great deal from this book. However, the book is fairly comprehensive; therefore, even those with experience with such products will likely be able to gain from the author's knowledge of theoretical concepts and practical market-driven issues.

4 of 4 people found the following review helpful.
The best all around book on credit derivatives so far
By A. Vorobyev
The book strikes a perfect balance between theory and practice, and is the most comprehensive guide of the field written so far. Highly recommend to anyone who wants to get understanding of the credit products for trading or modeling.

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Modelling Single-name and Multi-name Credit Derivatives (The Wiley Finance Series), by Dominic O'Kane PDF

Modelling Single-name and Multi-name Credit Derivatives (The Wiley Finance Series), by Dominic O'Kane PDF

Modelling Single-name and Multi-name Credit Derivatives (The Wiley Finance Series), by Dominic O'Kane PDF
Modelling Single-name and Multi-name Credit Derivatives (The Wiley Finance Series), by Dominic O'Kane PDF