Carl Dincesen is Founder of Benchmark Bond Ratings, Inc. The firm opened for business February 15, 2011. Benchmark provides private municipal bond credit ratings on a fee paid basis to bond investors on a by request basis. Carl feels investors in municipal bonds have not been served as well as they could be.The company is premised on the simple fact that performance (an individual issue or portfolio) can sustain short and long-term damage without money default.The issuer pay model for ratings has well recognized limitations, but no alternative other than in-house research or limiting choices to a narrow sub-set of issues. Our conclusion: the public rating agencies are necessary but not sufficient. We see private ratings as a supplement to in house resources and a necessity for municipal investors who rely solely on public ratings. When that is the case, many investors severely limit their choices to “very high credit quality.” Even there, widespread assumptions may but less than billed. Not enough attention is given to what hard pledges and rights are afforded. Our ratings are designed primarily for high net worth investors, and their advisors.
Mr. Martin is managing attorney of D.R. Martin, LLC with offices in Atlanta, Georgia and San Juan, Puerto Rico. He practices creditor rights and commercial litigation. He obtained his juris doctorate from the University of Puerto Rico School of Law and a master of laws in taxation from New York University. He is the author of "Puerto Rico: The Economic Rescue Manual."
I am a business reporter with 17 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others.
My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other areas of the economy.
It is with much humility and pride that I have accepted 13 awards over the years, including two "Teodoro Moscoso for Excellence in Business Journalism" from the Overseas Press Club of Puerto Rico, two "Journalist of the Year" recognitions from the Puerto Rico Chamber of Commerce, and the same award from the Puerto Rico Manufacturers Association.
At present, I am a freelance reporter contributing to several publications, as well as offering editorial services, including translations and writing.
I hold a Bachelor's Degree in Journalism from Southern Connecticut State University, in New Haven, CT. To contact me send me an email to: firstname.lastname@example.org.
Richard Glenn worked as a trader on Wall St. before striking out on his own. He is currently a full time trader, trading options and equities for his own account. He lives in Washington, DC.