Professor Jarrow has served as Managing Director for Research at Kamakura Corporation since 1995, and he currently serves as one of the five members of the Kamakura Board of Directors. Professor Jarrow has also served as a senior fellow at the Federal Deposit Insurance Corporation. Members of senior management at Kamakura have advised the governments of four Organization for Economic Co-operation and Development member countries on complex financial issues on numerous occasions.
Kamakuraâs President Warren A. Sherman said Thursday, âKamakura Corporation is very proud that Professor Jarrow could be of service to the U.S. Department of the Treasury. In troubled times, public service is both a privilege and an obligation. Now, more than ever, it is essential that best practices in risk management are employed in all branches of government and in the financial services industry so that leading institutions are more than âtoo big to failââthey need to be âtoo smart to fail.â Kamakura is pleased to make Professor Jarrowâs paper available as part of this effort.â