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    FRM Results Nov 2010

    results are out. I passed the part II. Thanks David for all your help.
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    Excess Spread

    Hi David: I have a question on Excess Spread. According to your material, Gross Excess Spread = difference between interest earned on collateral assets and interest paid on the debt liabilities of the SPE. My question is whether it just senior debt or total debt of SPE ? Thanks, Abhishek
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    Results May 2010

    When I tried to register for part 2 this morning it said the results were not out yet for part 1 and I cannot register. I tried registering for part II little while ago and it allowed me to register for part 2.
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