Ssetosawh   OSA Global Proactive Structural  Asset Pricing , Housing Prices Bubbles Burst Mechanism and ABS/MBS Mortgage Bond Spread Pricing Strategy ,  Default Hedging Risks Early Warning, investment management, Nobel Idea implementation of Breakthrough Innovation in  Strategic Structural  Finance Decisions Analysis    Housing Market Strategy Workshops Chinese (中文

Dr. Warren Huang pioneered Nobel idea on US Oil & Gas Journal, Hydrocarbon Processing, Houston, Texas, March 1983 , published millions copies to 80 countries, 2000 multinational oil companies and 30 years implementation of  proactive structural  global monetary, economic, fiscal policy impact on  Asian   oil, energy downstream , housing , commodities prices bubble price mechanism decision analysis modeling and ABS/MBS/CMBS innovation breakthrough in Global Monetary, Economic, Fiscal Policy   in  Macro Economic Growth, Prices Stability and Housing, energy Price Bubble Control and Financial Market Asset Prices  mechanism   predicting the causes, onset, recovery, early warning Global  mortgage, Financial , Energy Crisis, Recession Operations Simulations Analysis (OSA) Welcome  to Two master hands integrating and controlling  global  monetary policy macroeconomic control and industrial sectors housing, equities, bond, commodities assets demand, supply, prices  bubbles, loan default, recovery mechanism and its Structural Finance for Strategic Synthetic Securitization ABS, MBS, CDO   Prices , Debt, Mortgage Loan Defaults Risks , Bond Assets pricing, allocation, Risks Hedging, Simulation/Forecasts, Accounting Scandals, NPL default Early Warning for Basel II Credit, Market risks monitoring, Demand, Quality,                             (Strategic Synthetic CDO Workshop)

Global Strategic Structural Finance OSA  forecasts, mission control  help central banks, banking, finance, corporate  CEO, CFO forecast  macro, financial economic impact on national, regional
OSA   housing prices, credit default, foreclosure ,stay ahead in maximize ABS, MBA, CDO collateral assets default risks adjusted return  capitalize opportunities in crisis, avoided trillion dollar  Basel II  credit, market, corporate scandals, operational risks  
 www.osawh.com  About OSA   Products & Services   Workshops   Nobel Prize dream  Global Strategic Solution

Nobel idea implementation of decision analysis in US/China, /Global, national, Regional housing price bubbles, default , financial, crisis, Recession Operations Simulation Analysis
Global Structural finance OSA structural dynamic, deterministic Asset price bubbles, risks valuation mechanism simulators on Dr. Warren Huang's speech prediction years, 3 month ahead of inflation, interest rate hikes on last 20 years monetary, economic, fiscal, WTO policy impact on global macro economic control, inflation, interest rates, capital, money, insurance, bond  and housing, equities markets and 20 industrial sectors asset prices and defaults risks early warning
Global strategic structural commodity finance OSA maximize risk adjusted return, avoided trillion loss mortgage bond investment  prime, sub-prime loan defaults  loss due to betting on the wrong side of interest rates.
Global central banks and Bear Stearn , HSBC, Goldman, BNP , American Home Mortgage  and other financial, mortgage analyst ignoring Dr. Huang's warning again, underestimated oil, commodities , housing, equities asset bubble impact on inflation, expecting rake cut resulted betting on the wrong side of interest rates, bond yield drag 10 yr bond yield to 4.4 % (while Dr. Huang predicting  5.25 %) and US housing price,and market slump into recession  resulted billion dollars mortgage loan default  and mortgage bond hedge fund bankruptcy
Dr. Huang predicted US Fed Aug meeting to leave rate unchanged , concern on inflation, using housing

market recession to cool off overheated  economy due to wealth effect induced equities, housing market bubbles resulted inflation.
  Asset Bubble   Biotech/Healthcare  EMBA/CEO  Basel II Risk control  Business Process Outsourcing  Strategic Alliance OSA  Strategic Sourcing  Strategic E-Procurement  Supply chain optimization  Marketing/Sales Strategy  Integrated Strategic SRM/ERP/SCM/CRM /Logistics  4PL Logistics Integration Simulation   

US Economy/Structural Finance/ Capital Markets Asset Prices, Bubble Simulation, early warning  :
Beat Todays Markets  interest rate/bond yield US hot stocks ,  Global ADR  US banks-finance Oil, Gas Price  Info-100  Silicon -100  Weekend   IPO pricing profit early warning stock indice future forex Currency futures Commodity Futures Oil/energy futures  Gold/metal futures  Housing Bubble Basel II credit risks  market risks
operational risks control  Knowledge Management  20 industrial sectors profit performance
Asian Economy/Capital Markets  Japan  China  Korea  Taiwan  Singapore   Hong Kong   India   Malaysia
China Economy/Capital Markets Asset Prices, Bubble Simulation, early warning  :
 Shanghai/Shenzhen A/B/IPO   China ADR  China mutual fund/ commodity/ bond  Hong Kong H  Red Chips  NPL Asset Management   QFII/QDII strategy  Supply Chain Logistics   Housing Bubble  Basel II Risk control 
Strategic OSA maximize China oil/petrochemical upstream/downstream profit workshops ( Beijin workshop)
Strategic Wealth Management  Value Investing Asset Prices bubbles  Dynamic Asset  allocation
interest rate/bond yield  Beat stock indice future   Beat Forex Currency   Commodity Futures Oil/energy futures  Gold/metal futures    Beat Global ADR Market  Risks Hedging Strategy Venture Capital Risks control
Structured Financial Engineering   Asset securitization  Syndicated Loan  Basel II Risk control
Strategic Investment Banking:  strategic IPO,  pre/post  merger/acquisition performance   
 e-Personal Life planning Strategy  Intelligent Knowledge Management   Strategic e-commerce  Value Chain Optimization Adaptive enterprises Change Management Basel II Risk control
Monetary macroeconomic policy  Industrial finance  Industrial Economy  Regional Economy  Investment banking Globalization Strategy  e-Gov  reform strategy   Banking/Finance Reform  Enterprise Reform e-Biz Strategy  OSA models   Process Improvement  Business Process Optimization Global Strategic Solution Consulting   Corporate Governance  Global Crisis OSA Risk Management  Basel II Risk contro

For Global Banking, Finance Reform central banks, banking, securities, insurance daily strategic risk analysis

Global central banks, economist, financial and oil, petrochemicals, housing , bond , equities markets , ABS, MBS, CDO analysts ignoring Dr. Warren Huang warning to US, ECB, China Peoples Bank, Taiwan, Asian central bank governors, financial risk management conferences since 1998 warning on  2000 IT asset bubble burst  ENRON, WCOM defaults, ABS, CDO downgrade and China Guanxia speculation, financial accounting scandals trillion dollar financial market loss and again to Singapore, Shanghai Euro-events lectures  Asian/China Finance, Capital Market Conferences, Nov. 2003,  and www.osawh.com website that  underestimated again on the impact of US dollar depreciation, excessive rate, tax cuts resulted soaring consumer housing, auto, business demand, soaring oil, commodities, metals asset prices bubble reaching 23 year high and inflation, facing credit tightening, rate hikes, profit squeeze, suffered  30-50 %  plunge in stock prices, trillion dollar loss in bond, ABS, CDO, Due to betting on the wrong side of interest rate and stock markets and trillion dollar profits in oil, commodity futures, derivatives hedging alternative investments, predicted , warned by  Dr. Warren Huang's
Global Economy and Financial Markets Asset Prices Mechanism, Basel II risks causes and effect structural financial modeling Operations Simulation Analysis (OSA) /Forecasts

You will find out all the answers in Global Structural finance OSA structural dynamic, deterministic  simulators on Dr. Warren Huang's speech prediction 3 month ahead on last 20 years monetary, economic, fiscal, WTO policy impact on global macro economic control, capital, money, insurance, bond  markets and 20 industrial sectors, 5000 products   ABS, MBS, CDO asset prices, cash flow, performance, default risk hedging simulation in Beijin for Peking University's global finance conference on corporate governance May 28-29,2002 and the  speech for Asian Business Forum on Asian  ABS securitization conferences Sept 29-Oct. 1 2002 ,  and Dr. Huang accurately  predicted  last 20 years daily US interest rate, commodities, gold, oil prices 20 industrial sectors ABS, MBS, CDO cash flow, performance, defaults 4 month ahead and again at Singapore Euro-event Asian Finance, capital market conference, Nov.5. China finance, capital market conference  Shanghai, Nov. 25 , Nov. 27, Beijin 2003 on Monetary policy impact on Asian and China  economic outlook, asset prices that US rate hike by summer 2004, US bond plunge, 10 year bond yield rebound from 3.6 % to 4.8 % and ABS, CDO, MBS facing downgrade China A plunged to 1350-1450 after H share strong rebound, US dollar stabilize ,oil prices traded 38-43, gold price peaking out , traded 360-430
He offered thousands TV, radio lectures , wrote thousands articles on daily newspaper, investment journals to 30 millions China, Taiwan, US 15 cities investors, VIP traders, money managers and hundreds QFII/QDII  banking, securities , asset management companies CEO, executives and corporate CFO  since 1985.
                                         Dr. Warren Huang's Lectures                          
Asset Securitization conference by Asian Business Forum Sept 30-Oct 1,2002  Kual Lumpur
Managing director of S&P will addressing ABS rating, and expert from German, Japan, Singaore, Malaysis present their ABS experiences while Dr. Warren Huang offer two lectures on

ASIAN and Global  CAPITAL MARKET ASSET, SECURITIES , Debt, Equities  Properties Nonperformance  assets  PRICES SIMULATION, INVESTMENT STRATEGY
By Warren Huang, Ph.D  Founder & CEO
Global Investing/OSA International Operations Analysis  Website www.osawh.com
in-House workshops reservation  wh3928@yahoo.com

Monetary, economic, fiscal policy and wealth effect impact on US, Asian interest rate spread, bond yield, credit demand, /defaults , banking performance, stock prices 
Asian China, Taiwan, Hong Kong, Singapore, Malaysia Property  loan demand/ prices, bubble burst  auto loan demand, sales, credit card  demand, delinquency   the root causes, onset, recovery of banks nonperformance delinquency/ ABS, CDO cash flow, performance credit default rating, stock prices
US mortgage rate, Housing prices, refinancing, Fannie Mae sales, earning, stocks prices OSA
US auto  interest free finance, sales, Big three and Japan Toyota  stock prices, US loan , credit card delinquency OSA
China,  Hong Kong   Taiwan  Hong Kong   Singapore    Japan    
Syndicated loan( Process plant equipment, power plant price recovery / ABS performance rating
US  China,  Hong Kong   Taiwan  Hong Kong   Singapore    Japan  
Monetary, economic, fiscal policy impact on daily Asian currency, stock indices futures prices
China, Taiwan ,Hong  Kong,  Singapore, Bangkok,  Austria   ,Kuala Lumpur,  Tokyo,  Seoul
Simulation of economic, business, product cycle impact on Asian IT , oils upstream/downstream demand, products prices, profitability,stock /mutual fund prices, ABS, CDO  performance rating,  return, risks: DRAM, P4 prices, semiconductor B/B, NAPM , China  Telecom, Unicom stocks, Taiwan semiconductors, 
China   Taiwan  Singapore Japan  Korea  Australia  Malaysia  
Monetary, economic, fiscal policy impact on daily global oils, gas, electricity , commodities, natural resources futures upstream/downstream demand, prices , power plant, utility investment ABS performance rating , Global crude oil, petrochemicals upstream, downstream prices US ENRON and CHina SINOPEC< CNOOC, China Petroleum IPO, ADR srock prices
Simulation of economic, business, product cycle impact on Asian pre and post Merger/Acquisition , performance, IPO and ADR , prices, ABS  prices performance rating
US XOM, JPM, C , HP and China telecom, Taiwan Cathy Life, Hong Kong HSBC, Chekong
:China  Taiwan  Hong Kong  Singapore  Malaysia

Thousands Structural Dynamic global interest rate, currency, commodiies,20 sectors 5000 products demand, prices, profit stock prices futures, derivatives  simulation/forecasts 3 months ahead,  Hedging RISK MANAGEMENT THROUGH  Early WARNING FOR GLOBAL FINANCIAL CRISIS, RECESSION , ASSET BUBBLE BURSTS AND ACCOUNTING MALPRACTICE IN  ABS/MBS PERFORMANCE RATING
 
Simulation /forecast of the root causes, onset, recovery of Asian financial crisis, recession impact
Inflation  Capital Flow  interest rate   currency  stock indices  Bond/mutual fund  loan defaults
Thailand,  Malaysia,  Singapore, Hong Kong,  Taiwan  Seoul,    Japan
Asian interest rate, currency, stock indices futures, options, derivatives prices , bubble burst RELATED ABS performance rating  simulation and risk hedging  strategy
The root causes, onset, recovery of nonperformance loan assets prices simulation, asset management
US Citigroup, JP Morgan    Japan  S. Korea      China     Taiwan  Hong Kong      Singapore,  Malaysia  
The root causes, onset, recovery of  auto loan demand, delinquency  simulation, earning, stock prices ,asset management
US    Japan  S. Korea     China      Taiwan  Hong Kong     Singapore,   Malaysia
 The root causes, onset, recovery of  credit card demand, delinquency  simulation, asset management
US    Japan  S. Korea     China      Taiwan  Hong Kong     Singapore,   Malaysia
Asian oils, gas, agricultural commodity, food  prices future, options prices , ABS performance rating simulation, risks hedging
impact on nonperformance loan asset ABS credit rating simulation, credit derivatives pricing, risk management  sales, profit margin, asset,  stocks, option, warrant price
Simulation forecasts for the root causes, onset, bankrupcy, recovery  pre -warning for accounting malpractice: Enron, WCOM China Guanxia scandal, and ABS asset  bubble burst early warning 
Economic, business product cycle impact on  corporate syndicated loan  sales, profit margin, asset,  stocks, option, warrant price simulation forecasts for early warning for accounting malpractice: Enron, WCOM and others Asian scandal, and ABS, CDO asset  bubble burst early warning  cases studies,
Asset prices bubble burst early warning for M/A, IPO, ASSET SECURITIZATION, ABS performance rating,

Dr. Huang  will be glad to offer your in-house  full/two day workshops provide global capital markets asset prices, ABS, MBS, CDO  performance rating simulation, investment, risks management  investment strategic simulation tailored to your need . please email wh3928@yahoo.com for reservation

Two master hands controlling global capital, money, insurance markets, asset  prices, bubbles burst early warning Lectures/Workshops for Beijin Univsersity business and finance center organized Global Finance, Corporate Governance conference  May 28,2002 and to Guanhua school of management faculty and graduates for EMBA, CFA, business, financial research center  and other in-house workshops by appointment
           Dr. Warren Huang, Founder OSA Global Investing/ Int'l Operations Analysis
                     website: www.osawh.com  email  wh3928@yahoo.com 
                      presented to Global Capital Market Asset Prices Simulation
                       9:00 AM- 10:30 AM May 28, 2002, Global Finance Conference
                     at Fragrance Hill Hotel, Beijin sponsored by Peking University
           2:00 PM-5:PM, May 29 Guanhua School of Business, Peking University, Beijin,
                   in-House workshops reservation  wh3928@yahoo.com
  Dr Warren Huang, pioneer of OSA presented the following dynamics simulation results in his panel session May 28.,2002, OSA simulation charts will be demonstrated in the workshops

1.Accounting Mal-practices Pre-Warning on hign-tech, energy prices bubble burst impact on earning, stock prices and credit rating
China's Guangxia (0557) and US Enron Earning, Stocks Prices bubble bursts pre-warning simulation
7. Monetary Policy, trade impact on US, China FDI capital flow,  Banking interesst rate srpead,  Credit loan demand, credit quality, nonperformance loan asset defaults  risks , Mutual fund performance, earning, stocks prices
J. P. Morgan, Pudong / Mingshen Banks JF China Fund  Hua-an fund and gloobal mutual fund performance, investment strategy
5. Monetary Policy, Global Interest rate , Currency impact on Stock Index Futures Prices Simulation
2.Monetary Policy, Hi -Tech, Oils prices bubble impact on China IPO, ADR shares prices simulation
China software king Yunyue , Mingshin bank IPO and China Offshore Oil  ADR stock prices Simulation
3.Monetary Policy,Interest rate Wealth effect impact on US,China, Japan, Hong Kong Housing Prices
4..Monetary Policy, Interest , currency  impact on US NAPM, products innovation cycles impacton semiconductor B/B, DRAM, Intel P4  demand, spot prices and bubble bursts 
5. Monetary Policy, Global  Interest rate , Currency impact on Stock Index Futures Prices  stock market crash, crisis  Simulation
Dow Jones/Nasdaq/ Japan Nikkei index/  Hong Kong Henseng Index/ Taiwan Stock Index futures Prices  London Financial Times, DAX index 
6. Monetary , economic, fiscal  Policy impact on the root causes, on set, recovery of global financial crisis simulation : EURO, ASEAN, Hong Kong, Japan, Taiwan, Korea Interest rate , Currency, stock indices before, during ,after the Asian, EURO, Russia, US recession, South American financial crisis 
8. Monetary Policy, global economic, business cycle impact on Global Pre/post merger/acquisition performance, stocks prices US  J P Morgan Exxon-Mobil   Simulation
9. Monetary Policy,?Interest rate ,?Currency, Export impact on US , CHina GNP, Stock Index Futures Prices  US quarterly GNP Growth Rate?  NY Dow Jones and Nasdaq  Index     Future
10.Interest rate, trade impact on currency futures, option Consumer demand on crude oil futures, options Japan Yen exchange rate future and  NYMEX Wtex crude oil   Future and call option prices

Dr Warren Huang, pioneer of  two master hands control global economy, financial market prices OSA, has his Ph.D in Chemical Engineering, Oerations Resaerch from Polytrechnic Institute of New York with thesis  extending APPLO moonlanding  tracking of  Nonlinear adaptive Kalman filtering  to applications to Chemical reactors control and econometric forecasting,
He has over 30 years develope, implement 32 global strategic knowledge management supported   investment, supply chain simulation systems ( recommended by US Gulf Publishing Hydrocarbon Processing advanced control, information systems handbook 1991-2001 )supporting US Mobil, AMOCO, Phillips Petroleum, Bailey Network Control, Stauffer Chemicals, Bechtel, FLuor, Kaiser board members, corporate/plant think tanks and Taiwan, CHina, economic planning, ministry of economic, finance, banking and finance, trade council, state and medium, small enterprises reengineering, change management  investment, supply chain strategy  daily strategic decisions analysis.
He has offered regular lectures to Beijin, Shanghai, Guanzhou, Shenzhen, Taipei, San Francisco 15 cities TV, Radio, newspaper 30 million banking, finance money, fund managers, investors and thousands on the job training workshops for China, Taiwan 100 banking, securities companies CEO, fund, money managers, traders, investors, and  trained 1000 Taiwan's Taiwan, Tsinghua, Tunghai university Chemical Engineering, economics, global strategic management senior,, graduate students, and lectured CHina's Tsinghua, Peking, Fudan,, Zechiang, , Jiaotung, Dalian, East China, Hua-Chun science Tech economic management, Finance, chemical engineering, computer control faculty, students,   avoided trillion dollar market loss since 1990. He has been invited to speak to 30 global central bank governor   financial risk management conferences on global banking, financial crisis, capital markets asset bubble simulation, risk management since 1998. He offer consulting service to 300,000 Taiwan importer/exporters 100 countries currencies, export price quote, commodity prices .

He will be glad to offer your in-house workshops provide global capital markets ,asset prices   investment strategic risk management simulation tailored to your need . please email wh3928@yahoo.com for reservation
Profile/Founder  Dr. Warren Huang, Pioneer of two master hands controlling Global economic cycles and Capital Markets Asset Prices Mechanism, Market Forces, Bubble Burst Risks Simulation, Financial Crisis early warning and  over 30 years pioneering  development, implement of global integrated strategic investment, supply chain  logistics , crisis, risks, business Operations Simulations Analysis (OSA) and optimization  ( patented in US " Improve Process by OSA" 1980 over 80 countries) for US Mobil, AMOCO, Phillips Petroleum, Stauffer Chemicals, Bechtel, Fluor , Bailey Network Control headquarters corporate finance, information management  in refinery, petrochemical, power plant, steel, copper, coal project investment, construction, design, preventive maintenance, crisis, risk management and strategic consulting to US depart of energy, Taiwan ministry of economic affairs energy policy, information technology,  state enterprises ( Chinese Petroleum, China Petrochemicals, China Steel, Aluminum, Reform, change management, and economic planning for  10 public construction projects planning, performance tracking and upgrade, trade promotion councils, and 300,000 importer/exporter 100 countries currency, 5000 products export pricing quote.  offered hundreds China, Hong Kong, Taiwan  capital markets daily  investment strategy and risk management workshops for China ministry of finance nationwide 100 banking, securities companies CEO,, CFO, money managers  executives,  tracking China Peoples Bank monetary, economic policy WTO impact on macro economic control, daily capital market  prices Shanghai, Shenzhen A, B shares: 20 industrial sectors 5000 products demand, prices, profit margin, listed stocks IPO, merger/acquisition reform, investment strategy  Asian, global governments , banking, finance,  hundreds state, medium, small enterprises reform, change management.  He also offered hundred workshops for Japan, Korea, Indonesia, Singapore, Kuala Lumpur, Bangkok CEO, CFO, investment, supply chain executives .
 He pioneered two master hands controlling last 20 years global economy, financial market prices offered thousands lectures to  millions  CHina, Taiwan, Hong Kong, Japan, Korea, ASEAN banking, securities, insurance, properties, state, medium, small enterprises senior executives and China, Taiwan 15 cities TV, radio 30 millions investors, banking, finance executives  (pdf )on tracking monetary, economic, fiscal policy WTO impact on last 25 years global economic cycles industrial sectors demand, asset prices , bubble, privatization, IPO, strategic merger/acquisition, listed companies profit , stock prices  simulation, financial market investment strategy and early warning, risk management (workshops Chinese, English) Global , invited to speak to 24 global( US, ECB, China, Hong Kong, Taiwan, Asian ) central bank governors, corporate governance, financial crisis, risk management conferences .  supporting security, banking, insurance regulation, Sarbanes-Oxley Act on financial accounting auditing maximize performance, transparency  He published  32 global strategic business process optimization systems by  US Gulf Publishing Hydrocarbon Processing Advanced Process Control, Information Systems handbook, 1991-2003. applied by 1600 multinationals from 72 countries.
He has been editor/columnist and consultant for macro/financial economic  industrial finance, investment forum, energy, information technology, global strategic management for Taiwan government, banking, finance, industrial, importer/exporter trade, investment journal, Central, Economic, Commercial Times, Industrial Economic daily newspapers and  China Economic, Financial Times, Shanghai, China, Shenzhen, Wuhan Securities daily newspapers, wrote thousands articles on reform, change management, investment risk management for US, Taiwan, China government economic, finance, banking, securities, industrials, journal  weekly economic, finance investment  journal, daily newspapers and Taiwan 300,000 importer/exporters weekly trade journals. and this website visited by million global central banks, central, state, city government, banking, finance, enterprises  executives.
He trained thousands Chemical Eng industrial economics, global strategic management students for Taiwan, Tsinghua, Tunghai universities and lecture China Peking, Tsinghua, Fudan, Jiaotung, Zechiang, Dalian universities on  economic management, Chemical Eng. computer control, financial engineering, 
Millions global central banks, government, banking, finance, enterprises, CEO, CFO,  executives visited and supported www.osawh.com website since July 1998  (Partial lists)
==========================================================================================
Global central banks, government agency:
FRB, ECB, China Peoples banks, State department, IMF, World Bank, UN, OCED,US  Dept of energy, NASA ,
Global Banking, finance, insurance:
JP Morgan, Chase, Citigroup, UBS, Merill Lynch, Goldman Sach, State Street, Fidelity, Bank of America, Wells Fargo, Mizuho, Prudential, ManuLife, Cathy Life ,CNA, J Hancock , State Farm,  Lehman, Bloomberg, Dow Jones. Reuter, Wall Street Journal, Business Week
Corporate : McKinsey,  Ernest Young, KPMG, IBM, HP, Compaq, NEC, CISCO, Intel, AMD, Nokia,  Taiwan Semiconductors, UMC, Honhai, Motorola, Exxon-Mobil, BP, Shell, Aramco, Dupont, Dow, ORCL, Boeing, GM, BMW, Honda, Samsung, Ford), Merck, Amgen, Johnson, Celera, Weth)
Academic/Education:
Northwestern, Michigan, Harvard, Stanford, Duke, MIT, Princeton, UC Berkeley, NYU, George Washington, Rutgers, UCSF, UCSD, UPensilvania,  Columbia, Chicago, Cornell, Cambridge, London  from 70 countries

Excessive money supply lead to 7 year global expansion resulted high tech, properties  asset bubble bursts, manufacturing oversupply, plunging profits and stock prices and trillion dollar nonperformance in Japan, China, Taiwan banking industry and mounting home and auto loan defaults credit card delinquency in Hong Kong, US, Korea, Singapore, Malaysia , lead to  huge write-off loss and  to maintain Basle 's capital ratio.
China Asset management is working on 430 billion , Japan is working on 430 billion bad loan, Taiwan banks write off   300 billion bad loan  2002 and 200 billion the first half this year.
Asset Management bought the bad loan working hard to recover the loan loss through auction, securitization all facing tough time in current turbulent financial markets. while the existing banking industry sold the old bad loan to asset management co or write off the old loan are facing new bad loan.
US mortgage and saving and loan companies already huge loss since July interest rate rebound 1.5 % resulted 11 % bond markets loss, China Peoples Bank raised bank reserve ratio from 6 to 7 % remove 150 billion capital from overheated housing and auto loan warned US and global housing bubble bursts by Dr. Huang at Asset Backed Securitization conference, Sept. 30, , 2002, Kuala Lumpur.
OSA pioneer Dr. Warren Huang will organize NPL asset management workshops for global banking industry offer his 30 years experience in tracking, simulating monetary, economic, fiscal policy tracking , simulate the causes, onset, recovery early warning of these bad loan and maximize the recovery, providing the pre-warning, risk hedging to prevention future bad loan happening.

Goal: Provide  reliable forecasts of competitive non-performance asset bid/auction pricing to maximize asset return, price recovery for syndicated loan and securitization at minimum asset procurement costs and default risks.
Mission:
A. Structural dynamic deterministic simulators developed out of extensive historic information knowledge base, tracking, forecast one to three months ahead monetary, economic, fiscal policy impact on macro-economy, financial market, industrial demand prices, profit margin , debt, equities, properties asset bubble  burst and securitization prices,  credit risk simulation provide good timing and competitive  auction pricing  to minimize procurement  costs, market loss, default risks simulation  due to bubble burst and accounting scandals (ENRON, WCOM, GLBX, China Guanxia) delayed credit  down grade misled investors resulted   trillion dollar market loss.
B. Debt, loan, equities, properties asset plant  process equipment OSA( Operations Simulation Analysis) improvement in plant efficiency) to achieve higher resell or merger value, securitization return

The current global  credit rating and ABS  underling collateral debt, equities, properties  asset( home equities, auto, loan, credit cards)  and syndicated loan ( process plant equipments )prices credit risk rating systems are based on qualitative interview on past financial, business, economic,   defaults probabilistic, sales, profit,  credit information , failed to simulate, tracking , predict the global economic, business product cycle impact on   loan demand, industrial demand, prices, profits, securities  credit performance . These simulators predicted( presented to 2000-2001 global central banks governors , financial management conference and May 2002 global corporate governance at Peking University, Beijin and Sept 30, ABS conference in Kuala Lumpur, that  energy and high tech bubble burst early in Jan 2000 and again July,  2001  will  lead to ENRON, GBLX,  WCOM huge loss, stock prices plunged 90 %  credit rating downgrade from investment to  junk bond  status, and May 28 2002 in Beijin warned global stocks, fund for 30-50 % correction, ABS downgrade , while conventional credit rating  misled by corporate scandals   downgrade after corporate   nearing bankruptcy ( downgrade from investment grade December 2001, after Nov. stocks plunged from 84 to below one dollar and company announcing intention for bankruptcy), 502 issues ABS downgrade in Sept. 2002 resulted chasing the markets
.============================================================
Dr. Huang  return from  Asia, lectured to Asian Business Forum's  European, Asian central banks, stock exchanges, banking, securities executives on global nonperformance loan debt, equities, properties  asset prices , credit risk simulation, investment strategy and  Asset Backed Securitization workshops: predicting the unpredictable futures to  minimize bad loan ,shares buy back  procurement , investment costs and credit defaults risks  due to corporate scandal and global economic, cycle, financial crisis integration, interaction  impact on interest, currency,industrial demand, prices,  the causes, onset, history , recovery of  of nonperformance  asset bubble bursts, default maximize  investment return,  auction  resell , syndicated loan  value recovery, workshops by  thousands proprietary OSA simulation charts supporting daily financial engineering, structural  finance application to Global Capital Markets Asset Management, Credit defaults risks control on this website
He will offer   in-house workshops  in Asia   reserve :email   wh3928@yahoo.com =======================================================================================
click www.Moodys.com  for Moody credit rating
click www.standardandpoors.com  for Standard and Poors credit rating
While OSA ABS  rating , credit simulation provide forward looking, leading the market 1 to 3 month through structured, deterministic, dynamic simulation of global monetary, economic, fiscal policy impact on global economy, consumer, business spending, interest rate, currency, commodity, financial futures, industrial sectors demand, prices, corporate sales, profit, cash flow, debt, stock and underling collateral asset  prices, auto, home equities, credit card  demand, defaults
.==== first time on this website the most reliable  stock indices, currency OSA simulation charts === Global Capital Markets Asset, Commodity, Financial Futures, Derivatives Prices ,
The Causes, Onset, recovery of Global Financial Crisis, Recession, Risk Control   
CLick for  OSA  Simulation excel Charts tracking last 25 year ,  forecasts 1-3 month ahead monetary policy, global financial crisis, recession, recovery, on daily global indices, currency futures prices
A.   Dow Jones Index   B.  Tokyo Nikkei   C. Hong Kong Henseng   D. EURO Germn DAX
E. Shanghai A. Index  F. Taiwan Stock Index  G. Singapore ST index, H. Kuala Lumpur   I.  Yen
additial simulation charts will be used for decision analysis training simulatros on all Dr. Warren Huang's conference, Asian  in-house workshops Sept. 20-Oct.15, 2002 Reserve :email  wh3928@yahoo.
How  to predict the unpredictable global financial markets asset prices, ABS performance?
tracking record of OSA global simulation/forecasts 2000-2003
What is wrong with  Wall Street and global financial market?,
Global securitization bubble burst, credit defaults?
Why markets crash 30 % ? Where is the bottom ?  What Wall Strret  ABS need ?
 Asset prices, ABS, MBS performanace rating OSA Forecasts (one to 3 month ahead)
Dr. Huang accurately predicted in Jan 2000 on www.sina.com and www.osawh.com that US and global  high tech (chips, PC, internet, tecommunication, biotech ) bubble burst for 50-90 % correction   and default, and warned Oct. 2000 that global energy secotors bubble burst , ENRON and other oil upstream/downstream for 50- 90 % correction facing default. and Nov. 30, 2001, in Beijin, Jan 21-22 in Taipei workshops and May 28-29 Peking University global finance corporate governance conferences that US and global financial markets overheated , US dollar overvalued, due to over optimistic over US 2002 recovery, old economy Dow blue chips, small cap, semiconductors, consumer, retails and related mutual fund, ABS, MBS overpriced bubble bursts, ready for 30-50 % correction, price compression. Global stocks, fund started giveup all it's gain in May as US dollar plunged due to 35  billion trade deficit and WCOM scandals, profit earning , plunged investor, consumer confidence.
OSA pioneer Dr. Huang has extensive experiences in the development, implementation of 32 information knowledge based  expert global strategic management systems simulators support think tank and board members corporate structural finance , financial engineering, risk control decision analysis for US Mobil, AMOCO, Phillips Petroleum, Bailey Network Controls,refiner, petrochemical, It upstream/downstream, , mineral, food, drug , power plant design, equipment cost estimation, plant construction, operations simulation, control for Bechtel, Fluor, Stauffer Chemicals, Kaiser , and  China, Taiwan , ASEAN, Asian, South America, European  government, banking, finance, oil & IT upstream,downstream  industries   importer/exporters strategy consulting. , recommended by US Gulf Publishing, Hydrocarbon  Processing 1991-2001 MIS , advanced control handbook.to upgrade 80 countries 1400 multinationals,( Exxon, BP, IBM, Shell, SINOPEC) SOE, medium, small enterprises data base to strategic decision analysis , maximize old, new economy profits
OSA simulation of syndicated loan demand, prices performance shown western wireless suffered badly by over capacity, competition, huge loss with 55 % prices recovery, while Tesoro petroleum enjoyed 90 % prices recovery due to tight US refinery capacity, ( 96 %) but suffered loss due to soaring oil prices Levi Strauss benefited by strong retail sales and profit have the top prices recovery at 99 %
S&P ABS rating indicating that 502 US and gloabal synthetics ABS, syndicated loan asset prices   and CDO rating downgrade in Sept 2002 due to deteriorating underlining asset performances., global stocks, fund plunged 30 % click for SP ABS rating
http://www.standardandpoors.com/ResourceCenter/Reference/StructuredFinance/articles/071202_Global.html
click for Moodys ABS credit rating
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