| Affiliation: | Robert R. McCormick Distinguished Service Professor at the University of Chicago's Graduate School of Business. He is a past President of the American Finance Association, as well as one of the three editors of the Journal of Business.;Frank E. Buck Professor of Finance at Stanford University's Graduate School of Business. Before coming to Stanford, he was Professor of Banking and Finance at the University of Chicago's Graduate School of Business. He is also the co-originator, with Fischer Black, of the Black-Scholes Option Pricing Model that is discussed throughout this issue.;Chemical Bank Professor and Chairman of the Economics Department at Princeton University. Professor Malkiel is also author of the economics best-seller, A Random Walk Down Wall Street.;Senior Partner at Arnold &Porter, Washington, D.C. He served as General Counsel to the Board of Governors of the Federal Reserve System from 1975 to 1978. Mr. Hawke, who speaks and writes frequently on issues of financial regulation, is a member of the Shadow Financial Regulatory Committee and has taught courses in financial regulation at Georgetown University Law School and the Morin Center for Banking Law Studies at Boston University School of Law. |
