Description: This article discusses credit default options, the applications, pricing and hedging default risk.

Description: This article aimed to make Liability Driven Investing LDI more accessible by providing a simple definition and by showing how plans of different sizes and circumstances may adopt an appropriate LDI approach.

Description: This article lays out a generic framework on how to hedge a European call option on a non-dividend paying stock using futures in a stochastic interest rate environment.

Description: Feature article discussing the 2009 price action - periods of extreme distress and incredible euphoria across the global financial markets. The reversals experienced from asset class lows to their highs have not been seen in decades.

Description: Feature article discussing the possibility of the LIBOR rate ceasing to exist in 2021 at what that would mean for insurance companies.

Description: Tidbits of Section relevant information.

Description: This article is a review of the book, The Big Short by Michael Lewis. This book is a follow up to his previous book, Liar's Club, and focuses on the high finance issues that affected the economy in 2007 and later. In this book, Lewis focuses on the contrarians and challenges the Efficient Market Hypothesis.

Description: This article highlights 13 attributes shared by various groups of companies that landed in trouble. The companies are identified, and the attributes are described.

Description: This article questions the validity of long term market return expectations using macroeconomics and analytical arguments.

Description: Feature article provides a glimpse into recent changes to various standards of care owed to customers that will undoubtedly have a significant impact on the products and services offered by many financial institutions.