I agree that the way Brigo/Mercurio presented the material is much more focused and down-to-earth than Rebonato. If you only got 48 hours for a project on LMM implementation, you should stick to it. Some people I acquainted with simply don't like Rebonato because of his chatty style. But I enjoy pretty much some insights about model calibration and possible model evolution in the future from his book. Well, the bottom line is that it's a good bedtime reading, whatever your purpose is. --

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