Last Week: Interest rates edged higher as global equities traded dramatically lower on the week, ending the bull market in the S&P 500 Index just one day after it turned 11 years old. On Thursday, the S&P 500 suffered its largest one-day percentage drop since 1987 and Europe suffered its largest single-day drop on record. […]
No matter the transaction or issue, DL has been very responsive, knowledgeable and results oriented in servicing our account. Overall, I would say that the swap market can be confusing and costly – and that DL creates simplicity and savings.
Jim was extremely detailed and knowledgeable in what is a very specific arena with respect to financial instruments. Above and beyond would be an understatement when it came to service delivery.
We began to feel that relying on our banks alone was not a sound way to determine whether the interest rate derivative contracts we engaged in were properly structured and a good deal. We wanted to be able to consult with someone who had independent expertise.