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In This Issue
Cover Story
Mending the Seams:
Financial Crisis Points to Need for
International Regulatory Reform

Features
Independent Research:
Salvation in the Middle Market

A Watershed Moment:
Calculating the Risks of
Impending Water Shortages

Investing in Troubled Times:
Entrepreneurs Are Your Safest Bet

Team of Rivals:
Can Corporate America and Academia Reconcile Their Worldviews and Work Together?

Departments
From the
Executive Director
Providing Continuity and Diversity

Letters to the Editor

Hot Zones
Ignorance Is Not Bliss:
The Dangers of Taking a
Set-It-and-Forget-It Approach
to Target-Date Funds

Hot Zones
The Seat Belt Problem:
A New Approach to Calculating
Risk-Adjusted Returns

Hot Zones
Advance Your Advisory Practice:
Steps for Implementing the RIA Business Model

Worldview
Shifting Sands:
Egypt Delivers Impressive
Results—But With Risks

Education for Practice
The Problem of Loss:
A Primer on Value at Risk

Education for Practice
Calculating Solvency:
Creating a Z-Score Calculator
on Your PDA

Education for Practice
Sounder Grounds for Prediction:
Deriving a Forward-Looking
Equity Market Risk Premium

Careers
The Sustainability Education Gap:
How Business Programs Fail (and Succeed) at Integrating Sustainability

Careers
Landing a Government Job:
Public-Sector Careers Offer
Security in Tough Times

Case Study
Revisiting StoneRidge:
Congress Could Restore
Aiders’ and Abettors’ Liability

Interview
Picking Up the Pieces:
Stephen Harbeck and Irving Picard
on the Lehman and Madoff Cases

Book Reviews
Extending the Canon:
New Titles

Final Analysis
Two Cartoons

From the Executive Director

Providing Continuity and Diversity
The Investment Professional Celebrates One Year in Print
Fall 2009

Polyphony, Not Cacophony
Our Practitioner Journalists Present Diverse Approaches to Core Questions
Summer 2009

Balancing the Scales
Spring 2009

Looking Back, Going Forward
Our Second Issue Examines Past and Future
Winter 2009

Welcome to the Investment Professional
Fall 2008