About the Authors

Frank J. Fabozzi is an Adjunct Professor of Finance and Becton Fellow in the School of Management at Yale University. He was a visiting professor of finance at MIT's Sloan School of Management from 1986 to 1992. Dr. Fabozzi is a Chartered Financial Analyst and Certified Public Accountant and earned a doctorate in economics from the Graduate Center of the City University of New York in 1972. Some of the books he has coauthored in the area of structured finance published by John Wiley include Collateralized Debt Obligations: Structures and Analysis, Second Edition; Collateralized Mortgage Obligations: Structures and Analysis, Third Edition; Credit Derivatives: Instruments, Pricing, and Applications; Real Estate Backed Securities; Managing MBS Portfolios; Valuation of Interest Rate Swaps and Swaptions; and, Equipment Leasing, Fourth Edition. He is the coauthor of Project Finance, Seventh Edition. published by Euromoney. Dr. Fabozzi was inducted into the Fixed Income Analysts Society Hall of Fame in November 2002.

Henry A. (Hal) Davis is an editor, writer, and consultant working in the fields of banking and corporate finance. He currently serves as editor of two quarterly professional journals, The Journal of Structured Finance and the Journal of Investment Compliance. Mr. Davis has written four books of project finance case studies for Euromoney Books, most recently: Project Finance: Practical Case Studies—Second Edition, Volumes I & II. Books he has written and coauthored for the Financial Executives Research Foundation include: Financial Turarounds: Preserving Value; Building Value with Capital Structure Strategies; Cash Flow and Performance Measurement: Managing for Value; Foreign Exchange Risk Management: A Survey of Corporate Practices; and The Empowered Organization: Redefining the Roles and Practices of Finance. He earned his bachelor's degree at Princeton University and his MBA at the Darden Graduate Business School at the University of Virginia.

Moorad Choudhry is Head of Treasury at KBC Financial Products in London. He is a Visiting Professor at the Department of Economics, London Metropolitan University, a Visiting Research Fellow at the ICMA Centre, University of Reading, a Senior Fellow at the Centre for Mathematical Trading and Finance, Cass Business School, and a Fellow of the Securities and Institute. Dr. Moorad is the author of several books published by John Wiley: Structured Credit Products: Credit Derivatives and Synthetic Securitisation, Measuring and Controlling Interest Rate and Credit Risk, Credit Derivatives, and The Money Markets Handbook. He obtained his PhD from Birkbeck, University of London.