Patents by Inventor Suk Michael Whang

Suk Michael Whang has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Credit event referenced asset that minimizes an investor's risk of loss of principal
    Patent number: 7966251
    Abstract: A credit event referenced asset having a par value includes (a) a provision for a right of a creditor to receive interest on the asset for a credit term, wherein the interest is reduced if a credit event occurs with respect to a reference entity, and (b) a provision for a right of the creditor to receive the par value at a maturity date of the asset.
    Type: Grant
    Filed: May 1, 2002
    Date of Patent: June 21, 2011
    Assignee: Barclays Capital Inc.
    Inventor: Suk Michael Whang
  • Methods and systems for providing tax efficient hedge fund returns
    Patent number: 7966248
    Abstract: In one aspect, the invention comprises a method comprising: (1) selling a note to an investor for a specified amount; and (2) using proceeds from selling the note to purchase (a) one or more zero coupon municipal bonds, and (b) an option on at least one of the group comprising: a hedge fund, a fund of funds, and a hedge fund index; wherein the note entitles the investor to substantially all of the returns on the one or more bonds and on the option, wherein the one or more bonds are configured to provide a return substantially equal to the specified amount, and wherein the option is a European option. This option can be a variable option.
    Type: Grant
    Filed: January 31, 2006
    Date of Patent: June 21, 2011
    Assignee: Barclays Capital Inc.
    Inventors: Matthew S. O'Connor, Laura A. Burns, Ping Feng, Aditya V. Bagree, Suk Michael Whang
  • Credit event referenced asset that minimizes an investor's risk of loss of principal
    Publication number: 20020184142
    Abstract: A credit event referenced asset having a par value includes (a) a provision for a right of a creditor to receive interest on the asset for a credit term, wherein the interest is reduced if a credit event occurs with respect to a reference entity, and (b) a provision for a right of the creditor to receive the par value at a maturity date of the asset.
    Type: Application
    Filed: May 1, 2002
    Publication date: December 5, 2002
    Applicant: Lehman Brothers Holdings, Inc.
    Inventor: Suk Michael Whang