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Current Issue
Cover Story
One Big Happy Family:
The Global Crisis Tests
Postwar Alignments

Features
Asleep at the Switch?
Corporate Boards’ Culpability
in the 2008 Financial Crisis

Rock Steady: Moving Toward
a Steady-State Economy

Controlled Dangerous Substance:
The CDS Market Goes Straight

Rise and Shine: ARRA Stimulates
the Municipal Funding Market

The Place from Whence We Came:
Microorigins of the Financial Crisis

The Prudent Man Standard:
Legal and Investing Implications of
LDI Safeguards for Pension Risk

Departments
From the
Executive Director
Polyphony, Not Cacophony

Hot Zones
The Hierarchy of Risk:
A New Approach to Risk Management

Hot Zones
Sliced, Diced, Chopped, Chunked:
A Taste of Structured Investments

Hot Zones
GIPS 2010: Major Changes to Global
Standards Concern Investors

Worldview
Another BRIC in the Wall?
South Africa May Join the
Vanguard of Developing Markets

Abstract
Safe House: The Housing Market and the End of the Recession

Abstract
Schrödinger’s Morning Paper:
The Impact of Barron’s on
Stock Prices

Abstract
Smoke and Mirrors: BICs,
the PPIP, and the Fallacies of
Expectations-Based Risk Management

Education for Practice
The Value of Convenience:
Programming a Firm Value Calculator on Your PDA

Education for Practice
Penny for Your Thoughts:
Black–Litterman’s Incorporation of Analysts’ Views Both Helps and Hinders Portfolio Optimization

Careers
Privilege of Peerage:
The Value of Professional Designations

Interview
In Recovery: Looking Forward
with Abby Joseph Cohen

Book Reviews
Extending the Canon:
New Titles

Final Analysis
Two Cartoons

FROM THE PRESIDENT
Announcing the Return of the Investment Professional
NYSSA is delighted to announce the launch of a new online refereed journal to continue the tradition of the Investment Professional. We are currently accepting submissions and are particularly interested in articles on financial regulation and risk management—though we will accept articles on other topics as well.

NEWS
New Interactive Format for the Investment Professional
We have completed the first phase of converting our back issues to a flip book format. Click here to check it out. All future issues of the Investment Professional will be published using this interactive format.

OTHER PAST ISSUES
VOLUME 2, NUMBER 3	VOLUME 2, NUMBER 2
VOLUME 2, NUMBER 1	VOLUME 1, NUMBER 1