sals.a Educational Research - April 2009

This issue focuses on

• And the Nobel Prize goes to... Karl Marx?
  The media world recently celebrated its stars at the Oscars. Is there a comparable event in the business community? Did the Nobel Prize for Economics go to the wrong person last year?
• Currency management with financial instruments during the crisis
  With sharp volatility increases in the currency markets, the urgency for hedging measures has grown strongly. These price changes also offer alternative ways beyond the traditional and inflexible "concrete" hedging solutions

The numerical examples in this document can be viewed on our website and field-tested using your own actual figures: It pays to know!