Laurence Booth is Professor of Finance, DBA, MBA, MA (Indiana University), BS (London School of Economics) and holds the CIT Chair in Structured Finance at the Rotman School of Management at the University of Toronto. He is on the editorial board of five academic journals, and has published over 40 articles in journals including the Journal of Finance and the Journal of Financial and Quantitative Analysis, as well as major textbooks for McGraw-Hill and Wiley. His major research interests are in corporate finance and the behaviour of regulated industries. His advice is frequently sought by the media and he has appeared as an expert financial witness in a variety of cases.