Macroeconomic Factor Analysis
Reported preliminary analysis results on macroeconomic time series.  Awaiting Craig's approval for buying bankruptcy rate data from D&B.  

Recovery Rate Analysis
Understanding the data and performing analysis is in progress.

EES Private Firm Model
Completed model building and calibration.  Final reviewing and testing  is in progress.


Drivers for Ratings Downgrade
Prepared a report which will be discussed next week.


Experian Data
Reviewed information received on Experian database.  A model may be built using this data.  This model can work as a supplement to the models being built using D&B data.