JOE PIMBLEY

Joe Pimbley, Ph.D., FRM specializes in complex financial instruments and the review of banking models and procedures for all purposes including valuation and risk management processes. In his consulting engagements with PF2, Joe has performed or overseen event studies, efficiency analyses, measurements of the impact of trades on market dynamics, and issues pertaining to fees, and asset and trade allocation. He is also regularly involved in matters concerning market structure and electronic trading, including trade executions and order matching systems. He has provided expert reports and given testimony for litigation regarding asset-backed securities (RMBS/CDOs and others), credit default swaps (CDS), asset managers and trustees, credit ratings, bond insurance, and municipal debt. Joe previously served as a lead investigator for the Examiner appointed by the Lehman bankruptcy court to resolve numerous issues pertaining to history's largest bankruptcy -- with his colleagues, he discovered Repo 105 and reported the critical importance of pledged collateral mishaps and mischaracterizations to the Lehman failure. Joe has over 25 years of experience in the financial industry, having held positions at Duff & Phelps, ACA Capital, Sumitomo, FGIC, Moody's and Citicorp. Joe earned his Ph.D. in theoretical physics from Rensselaer Polytechnic Institute.

Joe testified in the criminal trial of cryptocurrency celebrity-entrepreneur Sam Bankman-Fried, in the aftermath of the failure of FTX, the cryptocurrency exchange. United States of America v. Samuel Bankman-Fried, Case 1:22-cr-00673-LAK (SDNY) (Visit coverage of Joe's testimony.)