Nasser Arshadi, Ph.D., is Vice Provost for Research and Professor of Finance at the University of Missouri-St. Louis. His areas of research include financial intermediaries, derivatives, corporate finance, capital markets, and international finance. His papers have appeared in the Journal of Money, Credit and Banking, Journal of Banking and Finance, Journal of Financial Services Research, Journal of Financial Research, Financial Management, Financial Review, among others. He has published two previous books: The Law and Finance of Corporate Insider Trading: Theory and Evidence (Kluwer Academic Publishing 1993), and Modern Financial Intermediaries and Markets (Prentice Hall 1997). He has served as Policy Analyst at the Board of Governors of the Federal Reserve System in Washington, DC, and as a consultant to the American Bankers Association (Washington, DC), Treasury Management Association (Washington, DC), Securities Industry Automation Corporation (NYC), Deutsche Financial Services (St. Louis), and Commerce Bancshares (St. Louis). In recent years he has been involved in the development and implementation of a proprietary private-firm model of Risk Adjusted Return on Capital (RAROC), a model of predicting loan default frequency, and an options-based model of pricing risky loans. He has also served as an expert witness in a variety of finance-related court cases. He is a member of the Executive Committee of the Board of Directors of the Center for Emerging Technologies in St. Louis (a nationally recognized life sciences incubator/facilitator) and a member of the real estate committee of the Board of Directors of the Center for Research, Technology, and Entrepreneurial Exchange (CORTEX).