From the Cover
The Challenge of Hedge Fund Regulation
As other nations expand access to hedge funds, should the U.S. adopt tighter regulation?
The Mythical Benefits of Shareholder Control
Given the evidence that board governance benefits investors, why is there call for increased shareholder control of corporations?
A New Law for the Bond Rating Industry
Will recent reform increase competition?
Features
The Wright Stuff
When is aviation reform not really reform?
Stoking the Rigid Terror of Secondhand Smoke
The contrived "science" behind the surgeon general’s recent report does not support officials' claims.
Banking Regulation’s Illusive Quest
Far from requiring greater government oversight, U.S. banking’s woes have been the product of regulation.
The SBA’s Justification IOU
Does small business need government loan guarantees?