Contents
■ SEP|OCT ■ 2009
Features
cover illustration:
AnitA kunz
32 the Rat Without a tail
A quantitative analysis of the returns reported
by Bernie Madoff clearly demonstrates
something that regulators missed: They were
next to impossible.
Susan J. Forray
42 Pricing the Priceless
Can a metric that health
economists use to value health
and longevity be helpful
for policymakers seeking to
maximize scarce public health
resources?
Carlos Sanchez-Fuentes
54 investing for Retirement—
Critical Lessons From the Crisis
Employees who are asked to manage their own
retirement savings need to understand the link
between limited holdings in certain equities and
the costs of future goods and services.
Mark O’Reilly
62 the tortoise, Achilles and Fair Value
The protagonists of Lewis Carroll’s
famous paradox debate the merits
of fair value accounting.
Sam Gutterman
70 Special Section
SOA Annual Meeting and Exhibit
Boston, October 25–28
2 CONTINGENCIES SEP/OCT.09
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