| Richard A. Brealey Emeritus Professor of Finance at the London Business School. He is the former President of the European Finance Association and a former director of the American Finance Association. He is a Fellow of the British Academy, and has served as a special advisor to the Governor of the Bank of England and director of a number of financial institutions. Other books written by Professor Brealey include Introduction to Risk and Return from Common Stocks. Stewart C. Myers Gordon Y Billard Professor of Finance at MIT's Sloan School of Management. He is past President of the American Finance Association and a Research Associate of the National Bureau of Economic Research. His research has focused on financing decisions, valuation methods, the cost of capital, and financial aspects of government regulation of business. Dr. Myers is a Director of The Brattle Group, Inc. and is active as a financial consultant. Alan J. MarcusProfessor of Finance in the Wallace E. Carroll School of Management at Boston College. He received his Ph.D. in Economics from MIT in 1981. Professor Marcus recently has been a Visiting Professor at the Athens Laboratory of Business Administration and at MITs Sloan School of Management and has served as a Research Associate at the National Bureau of Economic Research. He also is the director of the Chartered Financial Analysts Review Program at Boston College. Professor Marcus has published widely in the fields of capital markets and portfolio management, with an emphasis on applications of futures and options pricing models. His consulting work has ranged from new product development to provision of expert testimony in utility rate proceedings. He also spent two years at the Federal Home Loan Mortgage Corporation (Freddie Mac) where he developed models of mortgage pricing and credit risk. |