Publisher's Synopsis
In proposing a modern paradigm of investment prudence, this book uses illustrations from such traditionally suspect categories of investment as securities lending, property, venture capital, options and futures, and repurchase agreements. An unusual examination of the interaction of the worlds of law and finance, it will be of interest to all who are subject to some form of the prudent man rule and others such as judges, lawyers, and investment managers who are called upon to interpret and apply that legal standard.
